Pramerica Life Insurance Cluster Manager Salaries by 5 Employees

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

Interested in this particular role?

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 5 - 19 years exp. (33 salaries)	₹6.1 L/yr - ₹17 L/yr 42% more
HDFC Life Cluster Manager Salary 5 - 17 years exp. (306 salaries)	₹5.3 L/yr - ₹12 L/yr 34% more	1 job opening
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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. (202 salaries)	₹5 L/yr - ₹14 L/yr 47% more
Bajaj Allianz Life Insurance Cluster Manager Salary 5 - 17 years exp. (99 salaries)	₹4.2 L/yr - ₹14.3 L/yr 24% more	1 job opening
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 - 19 years exp. (49 salaries)	₹4.5 L/yr - ₹18.6 L/yr 64% more	5 job openings
Kotak Mahindara Life Insurance Cluster Manager Salary 6 - 16 years exp. (34 salaries)	₹5 L/yr - ₹15 L/yr 26% more
Aditya Birla Sun Life Insurance Cluster Manager Salary 1 - 14 years exp. (224 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. (123 salaries)	₹3.5 L/yr - ₹10.8 L/yr 8% more
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ManipalCigna Health Insurance Cluster Manager Salary 9 - 15 years exp. (42 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
Login to view exact salary
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

(51 salaries)

₹4.8 L/yr - ₹14.73 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Sales Manager Salary

(152 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

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Pramerica Life Insurance Cluster Manager Salary FAQs

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

The average salary of a Cluster Manager at Pramerica Life Insurance in India typically ranges from ₹5.8 Lakhs to ₹8.2 Lakhs per year, depending on experience (from 12 years to 18 years).

The top 10% of Cluster Manager at Pramerica Life Insurance earn more than ₹8.2 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Cluster Manager Salaries at Pramerica Life Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 Pramerica Life Insurance employees in India.

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 in India typically ranges from ₹51,234 to ₹52,442 per month. This is based on the average salary range of ₹5.8 Lakhs to ₹8.2 Lakhs per year for employees with experience ranging from 12 years to 18 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Pramerica Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Cluster Manager at Pramerica Life Insurance ?

To be a Cluster Manager at Pramerica Life Insurance in india, the key skills required include:

- Group Sales
- Key Account Management
- Business Development Management
- Insurance Sales
- Corporate Sales

These skills are highly valued at Pramerica Life Insurance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Pramerica Life Insurance for Cluster Manager in India?

Aviva Life Insurance India	₹12.4 Lakhs to ₹16.0 Lakhs per year
Bharti AXA Life Insurance	₹5.1 Lakhs to ₹21.5 Lakhs per year
PNB MetLife	₹4.9 Lakhs to ₹17.0 Lakhs per year
Tata AIA Life Insurance	₹4.5 Lakhs to ₹18.6 Lakhs per year
Axis Max Life Insurance	₹5.0 Lakhs to ₹14.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Pramerica Life Insurance, depending on the role and experience level.

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

The salary of a Cluster Manager at companies similar to Pramerica Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Prudential Life Insurance	₹6.1 Lakhs to ₹17.0 Lakhs per year
Edelweiss Life Insurance	₹6.6 Lakhs to ₹13.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹5.2 Lakhs to ₹14.0 Lakhs per year
Reliance Nippon Life Insurance	₹5.0 Lakhs to ₹16.0 Lakhs per year
HDFC Life	₹5.3 Lakhs to ₹12.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

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

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

Experience	Average Salary Range
12 years	₹6.7 Lakhs to ₹7.5 Lakhs per year
13 years	₹6.5 Lakhs to ₹8.3 Lakhs per year
14 years	₹2.8 Lakhs to ₹8.2 Lakhs per year
15 years	₹5.8 Lakhs to ₹11.4 Lakhs per year

and so on.

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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.