Pramerica Life Insurance Cluster Manager Salaries by 5 Employees (Updated 2025)

12 - 18 years exp.

₹5.8 Lakhs - ₹8.2 Lakhs

Salary of majority employees

27% less than the average Cluster Manager Salary in Insurance Companies for 12 - 18 years of experience

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Salaries in different departments

Customer Success, Service & Operations Cluster Manager Salary 14 - 18 years exp. (3 salaries)	₹5.8 L/yr - ₹8.2 L/yr
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BFSI, Investments & Trading Cluster Manager Salary 12 years exp. (AmbitionBox Estimate)	₹6.7 L/yr - ₹7.5 L/yr

Last Updated: 18 Sep 2024

Companies similar to Pramerica Life Insurance for Cluster Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Cluster Manager Salary 1 - 18 years exp. (39 salaries)	₹6.1 L/yr - ₹14 L/yr 32% more
HDFC Life Cluster Manager Salary 5 - 17 years exp. (299 salaries)	₹5 L/yr - ₹12.3 L/yr 34% more
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SBI Life Insurance Company Cluster Manager Salary 2 - 9 years exp. (5 salaries)	₹3.5 L/yr - ₹5.3 L/yr 36% less
Axis Max Life Insurance Cluster Manager Salary 6 - 16 years exp. (188 salaries)	₹4.8 L/yr - ₹14 L/yr 52% more	1 job opening
Bajaj Allianz Life Insurance Cluster Manager Salary 5 - 17 years exp. (96 salaries)	₹4.2 L/yr - ₹14.3 L/yr 29% more
Reliance Nippon Life Insurance Cluster Manager Salary 7 - 22 years exp. (40 salaries)	₹5 L/yr - ₹16 L/yr 36% more
Tata AIA Life Insurance Cluster Manager Salary 6 - 16 years exp. (45 salaries)	₹4.1 L/yr - ₹17 L/yr 48% more	7 job openings
Kotak Mahindara Life Insurance Cluster Manager Salary 6 - 16 years exp. (34 salaries)	₹5 L/yr - ₹14.6 L/yr 21% more
Aditya Birla Sun Life Insurance Cluster Manager Salary 1 - 14 years exp. (223 salaries)	₹5.2 L/yr - ₹14 L/yr 40% more
PNB MetLife Cluster Manager Salary 5 - 23 years exp. (39 salaries)	₹4.9 L/yr - ₹17 L/yr 78% more
Aditya Birla Health Insurance Co Cluster Manager Salary 0 - 11 years exp. (121 salaries)	₹4 L/yr - ₹10.8 L/yr 8% more
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ManipalCigna Health Insurance Cluster Manager Salary 9 - 15 years exp. (41 salaries)	₹5.5 L/yr - ₹9 L/yr 11% more
Edelweiss Life Insurance Cluster Manager Salary 6 - 17 years exp. (27 salaries)	₹6.6 L/yr - ₹13 L/yr 42% more
Future Generali India Life Insurance Cluster Manager Salary 7 - 15 years exp. (21 salaries)	₹4 L/yr - ₹11.2 L/yr 5% more
Cholamandalam MS General Insurance Cluster Manager Salary 5 - 17 years exp. (17 salaries)	₹6.5 L/yr - ₹10 L/yr 31% more
Ageas Federal Life Insurance Cluster Manager Salary 11 - 16 years exp. (6 salaries)	₹7.5 L/yr - ₹9 L/yr 33% more
Bharti AXA Life Insurance Cluster Manager Salary 8 - 23 years exp. (6 salaries)	₹5.1 L/yr - ₹21.5 L/yr 106% more
Universal Sompo General Insurance Cluster Manager Salary 7 - 17 years exp. (6 salaries)	₹6.5 L/yr - ₹12.5 L/yr 24% more
Aviva Life Insurance India Cluster Manager Salary 15 - 22 years exp. (4 salaries)	₹12.4 L/yr - ₹16 L/yr 132% more
IndiaFirst Life Insurance Cluster Manager Salary 8 - 19 years exp. (3 salaries)	₹5.4 L/yr - ₹13.8 L/yr 23% more

View all

Cluster Manager salary at Pramerica Life Insurance ranges between ₹5.8 Lakhs to ₹8.2 Lakhs per year for employees with experience between 12 years to 18 years. Salary estimates are based on 5 latest salaries received from various employees of Pramerica Life Insurance.

Experience wise Pramerica Life Insurance Cluster Manager salaries

Last Updated: 18 Sep 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹7.5 L/yr
13 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
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14 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹8.2 L/yr
15+ years (AmbitionBox Estimate)	₹5.8 L/yr - ₹11.4 L/yr

Similar Designation salaries in Pramerica Life Insurance

Store Manager Salary

(AmbitionBox Estimate)

₹16.2 L/yr - ₹20.7 L/yr

Cluster Head Salary

(3 salaries)

₹6.3 L/yr - ₹11.7 L/yr

Area Manager Salary

(4 salaries)

₹9 L/yr - ₹13.1 L/yr

Deputy Manager Salary

(54 salaries)

₹4.8 L/yr - ₹14.68 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Sales Manager Salary

(164 salaries)

₹2 L/yr - ₹4.7 L/yr

Branch Manager Salary

(21 salaries)

₹6.5 L/yr - ₹11 L/yr

Territory Manager Salary

(10 salaries)

₹5.4 L/yr - ₹9.4 L/yr

Area Sales Manager Salary

(6 salaries)

₹2.5 L/yr - ₹4.2 L/yr

Relationship Manager Salary

(28 salaries)

₹2 L/yr - ₹5 L/yr

Top skills at Pramerica Life Insurance for Cluster Manager

Group Sales Key Account Management Business Development Management Insurance Sales Corporate Sales Employee Benefits Client Account Management

Salary related reviews for Pramerica Life Insurance

3.2

Rated by 2 employees for salary & benefits

Senior Sales Manager in Bilaspur

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 14 Feb 2025

5.0

for Salary and Benefits

Likes

Great culture

Salary - Excellent

+6 more

Dislikes

Please update with latest policy with market comparison

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Pramerica Life Insurance Cluster Manager Salary FAQs

What is the salary of Cluster Manager at Pramerica Life Insurance?

Cluster Manager salary at Pramerica Life Insurance in India ranges between ₹5.8 Lakhs to ₹8.2 Lakhs for experience between 12 years to 18 years. According to our estimates it is 27% less than the average Cluster Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Pramerica Life Insurance India.

How does the salary of a Cluster Manager at Pramerica Life Insurance India compare with the average salary range for this job?

The average salary of a Cluster Manager at Pramerica Life Insurance is 27% less than the average salary of a Cluster Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Cluster Manager at Pramerica Life Insurance?

Group Sales, Key Account Management, Business Development Management, Insurance Sales and Corporate Sales are some of the popular skills required to work as a Cluster Manager at Pramerica Life Insurance India.

Which similar companies are paying more than Pramerica Life Insurance to a Cluster Manager in India?

Aviva Life Insurance India Cluster Manager Salary - ₹12.4 Lakhs to ₹16.0 Lakhs per year
Bharti AXA Life Insurance Cluster Manager Salary - ₹5.1 Lakhs to ₹21.5 Lakhs per year
PNB MetLife Cluster Manager Salary - ₹4.9 Lakhs to ₹17.0 Lakhs per year
Axis Max Life Insurance Cluster Manager Salary - ₹4.8 Lakhs to ₹14.0 Lakhs per year
Tata AIA Life Insurance Cluster Manager Salary - ₹4.1 Lakhs to ₹17.0 Lakhs per year

What is the salary of a Cluster Manager in companies similar to Pramerica Life Insurance in India?

Edelweiss Life Insurance Cluster Manager Salary - ₹6.6 Lakhs to ₹13.0 Lakhs per year
Aditya Birla Sun Life Insurance Cluster Manager Salary - ₹5.2 Lakhs to ₹14.0 Lakhs per year
Reliance Nippon Life Insurance Cluster Manager Salary - ₹5.0 Lakhs to ₹16.0 Lakhs per year
HDFC Life Cluster Manager Salary - ₹5.0 Lakhs to ₹12.3 Lakhs per year
Ageas Federal Life Insurance Cluster Manager Salary - ₹7.5 Lakhs to ₹9.0 Lakhs per year

What is the estimated take home salary of a Cluster Manager at Pramerica Life Insurance in India?

The estimated take-home salary of a Cluster Manager at Pramerica Life Insurance ranges between ₹51,234 per month to ₹52,442 per month in India. The take-home salary calculation is based on the average Pramerica Life Insurance Cluster Manager salary in India which ranges between ₹5.8 Lakhs to ₹8.2 Lakhs per year for employees with experience between 12 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Cluster Manager at Pramerica Life Insurance?

According to AmbitionBox, 100% of the Pramerica Life Insurance Cluster Managers reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Pramerica Life Insurance Cluster Manager Salaries

Pramerica Life Insurance Cluster Manager salary in India ranges between ₹5.8 Lakhs to ₹8.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Pramerica Life Insurance latest salaries received from various employees of Pramerica Life Insurance.