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Pramerica Life Insurance Cluster Manager Operations salaries in India

Annual salary range
13 - 19 years exp.
₹6.4 Lakhs - ₹8.8 Lakhs
Salary of majority employees
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12% less than the average Cluster Manager Operations Salary in Insurance Companies for 13 - 19 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Cluster Manager Operations Salary
13 - 16 years exp. (3 salaries)
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₹6.4 L/yr - ₹8.1 L/yr

BFSI, Investments & Trading
Cluster Manager Operations Salary
19 years exp. (AmbitionBox Estimate)
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₹7.9 L/yr - ₹9.7 L/yr

Last Updated: 14 Mar 2023

Companies similar to Pramerica Life Insurance for Cluster Manager Operations

Company name Avg Annual Salary Open Jobs
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₹5 L/yr - ₹8.3 L/yr

arrow icon 12% less
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₹4.9 L/yr - ₹8.2 L/yr

arrow icon 19% less
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₹5.5 L/yr - ₹9 L/yr

arrow icon 4% more
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₹6 L/yr - ₹17.9 L/yr

arrow icon 69% more
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₹7.8 L/yr - ₹13.5 L/yr

arrow icon 57% more
Cluster Manager Operations salary at Pramerica Life Insurance ranges between ₹6.4 Lakhs to ₹8.8 Lakhs per year for employees with experience between 13 years to 19 years. Salary estimates are based on 4 latest salaries received from various employees of Pramerica Life Insurance.

Latest annual salaries shared by Pramerica Life Insurance Cluster Manager Operations

1y ago
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13 years exp.
1y ago
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16 years exp.
1y ago
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19 years exp.
1y ago
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14 years exp.

Experience wise Pramerica Life Insurance Cluster Manager Operations salaries

Last Updated: 14 Mar 2023

Experience Avg Annual Salary
13 years (AmbitionBox Estimate)

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₹5.8 L/yr - ₹7.4 L/yr
14 years (AmbitionBox Estimate)

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₹7.2 L/yr - ₹9.3 L/yr
15+ years (AmbitionBox Estimate)

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₹7.2 L/yr - ₹9.1 L/yr

Similar Designation salaries in Pramerica Life Insurance

Unit Head Salary
(54 salaries)
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₹5.85 L/yr - ₹12.09 L/yr
Deputy Manager Salary
(52 salaries)
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₹4.8 L/yr - ₹14.72 L/yr
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₹1.95 L/yr - ₹4 L/yr
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₹24.2 L/yr - ₹35 L/yr
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₹9 L/yr - ₹12.5 L/yr
Chief Manager Salary
(12 salaries)
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₹19.9 L/yr - ₹30 L/yr
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₹6 L/yr - ₹12 L/yr
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₹3.95 L/yr - ₹4.3 L/yr
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₹5.8 L/yr - ₹7.2 L/yr
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₹12.1 L/yr - ₹25 L/yr

Salary related reviews for Pramerica Life Insurance

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

read more

Data Science & Analytics Department

4.0
  •  posted on 31 Dec 2019

5.0
 for  Salary and Benefits

Likes

Great learning experience and New challenges and new projects keeps one working in competitive environment and benefits do pay off at the end. Friendly environment and regular updates circulates with the team as per the Indian Insurance Market.

read more
  • Salary - Excellent
  • +5 more

Dislikes

Nothing was to dislike.keep working and do your stuff.

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.

read more
  • Salary - Bad
  • +6 more

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

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.

read more
  • Salary - Poor
  • +3 more
see more salary related reviews

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Pramerica Life Insurance Cluster Manager Operations Salary FAQs

What is the salary of Cluster Manager Operations at Pramerica Life Insurance ?
The average salary of a Cluster Manager Operations at Pramerica Life Insurance in India typically ranges from ₹6.4 Lakhs to ₹8.8 Lakhs per year, depending on experience (from 13 years to 19 years).

The top 10% of Cluster Manager Operations at Pramerica Life Insurance earn more than ₹8.8 Lakhs per year, and the top 1% earn over ₹8.8 Lakhs per year. Cluster Manager Operations 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 4 Pramerica Life Insurance employees in India.
What is the estimated take home salary of a Cluster Manager Operations at Pramerica Life Insurance in India?
The estimated take-home salary of a Cluster Manager Operations at Pramerica Life Insurance in India typically ranges from ₹56,306 to ₹57,718 per month. This is based on the average salary range of ₹6.4 Lakhs to ₹8.8 Lakhs per year for employees with experience ranging from 13 years to 19 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 4 salaries received from various employees of Pramerica Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Pramerica Life Insurance for Cluster Manager Operations in India?
Reliance Retail ₹6.0 Lakhs to ₹17.9 Lakhs per year
Piramal Capital Housing Finance ₹7.8 Lakhs to ₹13.5 Lakhs per year
Ujjivan Small Finance Bank ₹5.5 Lakhs to ₹9.0 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 Operations in companies similar to Pramerica Life Insurance in India?
The salary of a Cluster Manager Operations at companies similar to Pramerica Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aditya Birla Health Insurance Co ₹5.0 Lakhs to ₹8.3 Lakhs per year
Liberty General Insurance ₹4.9 Lakhs to ₹8.2 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 Operations at Pramerica Life Insurance in India?
The salary growth for a Cluster Manager Operations at Pramerica Life Insurance depends on factors such as experience, performance, and promotions. On average, a Cluster Manager Operations can expect the following growth trajectory at Pramerica Life Insurance:

Experience Average Salary Range
13 years ₹5.8 Lakhs to ₹7.4 Lakhs per year
14 years ₹7.2 Lakhs to ₹9.3 Lakhs per year
15 years ₹7.2 Lakhs to ₹9.1 Lakhs per year
and so on.

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Pramerica Life Insurance Cluster Manager Operations salary in India ranges between ₹6.4 Lakhs to ₹8.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Pramerica Life Insurance latest salaries received from various employees of Pramerica Life Insurance.