Pramerica Life Insurance Collections Manager Salaries by 2 Employees

6 - 9 years exp.

₹3.9 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

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Last Updated: 23 Oct 2024

Companies similar to Pramerica Life Insurance for Collections Manager

Company name	Avg Annual Salary	Open Jobs
Cholamandalam MS General Insurance Collections Manager Salary 4 - 9 years exp. (6 salaries)	₹1.1 L/yr - ₹4 L/yr 42% less
Bajaj Capital Insurance Collections Manager Salary 2 - 5 years exp. (3 salaries)	₹1.8 L/yr - ₹2.3 L/yr 55% less
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HDFC Bank Collections Manager Salary 1 - 18 years exp. (1.1k salaries)	₹2 L/yr - ₹11.1 L/yr 48% more	7 job openings
IDFC FIRST Bank Collections Manager Salary 1 - 11 years exp. (569 salaries)	₹2 L/yr - ₹10.6 L/yr 43% more
Bajaj Finserv Collections Manager Salary 0 - 10 years exp. (444 salaries)	₹1.1 L/yr - ₹8.5 L/yr 10% more

Collections Manager salary at Pramerica Life Insurance ranges between ₹3.9 Lakhs to ₹5 Lakhs per year for employees with experience between 6 years to 9 years. Salary estimates are based on 2 latest salaries received from various employees of Pramerica Life Insurance.

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Salary related reviews for Pramerica Life Insurance

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

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

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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Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Pramerica Life Insurance Collections Manager Salary FAQs

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

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

Experience	Average Salary Range
6 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
9 years	₹3.3 Lakhs to ₹4.3 Lakhs per year

and so on.

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Pramerica Life Insurance Collections Manager Salaries

Pramerica Life Insurance Collections Manager salary in India ranges between ₹3.9 Lakhs to ₹5 Lakhs. This is an estimate based on latest salaries received from employees of Pramerica Life Insurance.