Pramerica Life Insurance Cluster Head Salaries by 3 Employees

8 - 12 years exp.

₹6.3 Lakhs - ₹11.7 Lakhs

Low Confidence

Salary of majority employees

42% less than the average Cluster Head Salary in Insurance Companies for 8 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Head Salary 8 - 12 years exp. (AmbitionBox Estimate)	₹6.3 L/yr - ₹6.7 L/yr
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Sales & Business Development Cluster Head Salary 12 years exp. (AmbitionBox Estimate)	₹10.5 L/yr - ₹12.9 L/yr

Last Updated: 6 Mar 2023

Companies similar to Pramerica Life Insurance for Cluster Head

Company name	Avg Annual Salary	Open Jobs
Bharti AXA Life Insurance Cluster Head Salary 15 - 22 years exp. (23 salaries)	₹12.5 L/yr - ₹22 L/yr 127% more	1 job opening
Edelweiss Life Insurance Cluster Head Salary 9 - 28 years exp. (15 salaries)	₹8 L/yr - ₹20.5 L/yr 83% more
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Aditya Birla Health Insurance Co Cluster Head Salary 5 - 10 years exp. (10 salaries)	₹6 L/yr - ₹15.1 L/yr 21% more
Future Generali India Life Insurance Cluster Head Salary 13 - 21 years exp. (7 salaries)	₹13.2 L/yr - ₹17.5 L/yr 71% more
Medi Assist India Cluster Head Salary 4 - 8 years exp. (6 salaries)	₹2 L/yr - ₹10 L/yr 32% less
Liberty General Insurance Cluster Head Salary 8 - 13 years exp. (6 salaries)	₹6.2 L/yr - ₹7.5 L/yr 15% less
Ageas Federal Life Insurance Cluster Head Salary 10 - 22 years exp. (5 salaries)	₹14.5 L/yr - ₹17.5 L/yr 87% more
Aviva Life Insurance India Cluster Head Salary 14 - 21 years exp. (4 salaries)	₹17 L/yr - ₹19.4 L/yr 119% more
Royal Sundaram General Insurance Cluster Head Salary 6 - 18 years exp. (4 salaries)	₹5.9 L/yr - ₹16 L/yr 49% more
ManipalCigna Health Insurance Cluster Head Salary 10 - 19 years exp. (4 salaries)	₹5.8 L/yr - ₹10 L/yr 5% less
Magma HDI General Insurance Cluster Head Salary 12 - 14 years exp. (3 salaries)	₹8.3 L/yr - ₹11.7 L/yr 28% more
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Mahindra Insurance Brokers Cluster Head Salary 14 - 17 years exp. (3 salaries)	₹9.2 L/yr - ₹18 L/yr 54% more
Universal Sompo General Insurance Cluster Head Salary 9 - 14 years exp. (3 salaries)	₹8.6 L/yr - ₹13 L/yr 22% more

Cluster Head salary at Pramerica Life Insurance ranges between ₹6.3 Lakhs to ₹11.7 Lakhs per year for employees with experience between 8 years to 12 years. Salary estimates are based on 3 latest salaries received from various employees of Pramerica Life Insurance.

Experience wise Pramerica Life Insurance Cluster Head salaries

Last Updated: 6 Mar 2023

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.2 L/yr
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12 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr

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Salary related reviews for Pramerica Life Insurance

5.0

Rated by 1 employees for salary & benefits

Senior Sales Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 09 Nov 2023

2.0

for Salary and Benefits

Likes

Nothing.

Dislikes

In my vertical it isn't a right place to work with. This is the fake institutional business channel, more over you had to source your own business and also don't rely on the support of the corporate agent(Broking Partner). Please think twice before joining in the IB Vertical.

Salary - Poor

+3 more

Sales Manager

BFSI, Investments & Trading Department

3.0

• posted on 01 Jan 2019

5.0

for Salary and Benefits

Likes

Salary and other perks are disbursed as per schedule and on time. As far as work life balance is concerned , 4 out of 5 on a rating scale.

Salary - Excellent

+1 more

Dislikes

Learning and development is a concern area at Dhfl . On innovation front company is far behind in comparison to its peers . 2nd major concern is u cant consider ur job at dhfl secure. Even middle management is worried when u talk of job security at dhfl

Job security - Poor

Relationship Manager in Ambala

Education /school empanalment , team development ,And policy sale Department

2.0

• posted on 06 Sep 2017

5.0

for Salary and Benefits

Likes

I had a great experiance before joining when i worked as a commision agent only and just working for 24 percent commision even though i didn't have any license . Iwas just a commission agent .

Salary - Excellent

+4 more

Dislikes

...nise an activity there they denided to finance it .but i did on my own account . And there was 2 month and 17 day that i haven't recived my salary . So i regined . As i was left with no money to stay in ambala.

Job security - Poor

+1 more

Associate Sales Manager in Visakhapatnam

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 31 May 2024

1.0

for Salary and Benefits

Likes

Work timings and on time salary

Dislikes

Worst company I have ever worked. No professional management. No response from the HR management. The branch manager of vizag branch very worst. If anythings doesnot goes according to him he simply keeps unpaid to the whole month employees attendance which will lead to loss of pay. If we complaint to HR level then also they won't take any action. The BM even asks money from the customers for settling death claims. He does not know how to talk with the employees. He does not have any BM qualities and qualifications.

Salary - Bad

+6 more

Renewal Executive in Ranchi

Full Time

Procurement & Supply Chain Department

5.0

• posted on 13 Apr 2018

5.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology

Salary - Excellent

+3 more

Dislikes

Compensation is decent but growth is very slow. The work pressure is very high . I have to work 13 - 14 hours straight in a day as I have to attend customer call in the evening and some time late night received con call

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Pramerica Life Insurance Cluster Head Salary FAQs

How the salary growth look like for a Cluster Head at Pramerica Life Insurance in India?

The salary growth for a Cluster Head at Pramerica Life Insurance depends on factors such as experience, performance, and promotions. On average, a Cluster Head can expect the following growth trajectory at Pramerica Life Insurance:

Experience	Average Salary Range
8 years	₹5.7 Lakhs to ₹7.2 Lakhs per year
12 years	₹8.3 Lakhs to ₹10.6 Lakhs per year

and so on.

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Pramerica Life Insurance Cluster Head Salaries

Pramerica Life Insurance Cluster Head salary in India ranges between ₹6.3 Lakhs to ₹11.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Pramerica Life Insurance latest salaries received from various employees of Pramerica Life Insurance.

Pramerica Life Insurance Cluster Head salaries in India

Companies similar to Pramerica Life Insurance for Cluster Head

Latest annual salaries shared by Pramerica Life Insurance Cluster Head

Experience wise Pramerica Life Insurance Cluster Head salaries

Similar Designation salaries in Pramerica Life Insurance

Salary related reviews for Pramerica Life Insurance

Senior Sales Manager in Kolkata

Sales Manager

Relationship Manager in Ambala

Associate Sales Manager in Visakhapatnam

Renewal Executive in Ranchi

Pramerica Life Insurance Cluster Head Salary FAQs

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