Pramerica Life Insurance Insurance Sales Manager Salaries by 4 Employees

1 - 20 years exp.

₹2.2 Lakhs - ₹4.1 Lakhs

Salary of majority employees

11% less than the average Insurance Sales Manager Salary in Insurance Companies for 1 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading Insurance Sales Manager Salary 20 years exp. (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.5 L/yr
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Marketing & Communication Insurance Sales Manager Salary 1 year exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.4 L/yr

Last Updated: 12 Mar 2023

Companies similar to Pramerica Life Insurance for Insurance Sales Manager

Company name	Avg Annual Salary	Open Jobs
Cholamandalam MS General Insurance Insurance Sales Manager Salary 2 - 8 years exp. (9 salaries)	₹2.9 L/yr - ₹5 L/yr 22% more
Aditya Birla Health Insurance Co Insurance Sales Manager Salary 1 - 6 years exp. (5 salaries)	₹2 L/yr - ₹4.3 L/yr 1% more
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Future Generali India Life Insurance Insurance Sales Manager Salary 3 - 12 years exp. (4 salaries)	₹2.9 L/yr - ₹4.8 L/yr 23% more
Edelweiss Life Insurance Insurance Sales Manager Salary 3 - 5 years exp. (4 salaries)	₹3 L/yr - ₹3.5 L/yr At par
ManipalCigna Health Insurance Insurance Sales Manager Salary 6 - 9 years exp. (4 salaries)	₹3.3 L/yr - ₹4.4 L/yr 13% more
Aviva Life Insurance India Insurance Sales Manager Salary 2 - 9 years exp. (3 salaries)	₹3.2 L/yr - ₹4 L/yr 10% more
Ageas Federal Life Insurance Insurance Sales Manager Salary 2 - 4 years exp. (3 salaries)	₹2.3 L/yr - ₹5 L/yr 19% more

Insurance Sales Manager salary at Pramerica Life Insurance ranges between ₹2.2 Lakhs to ₹4.1 Lakhs per year for employees with experience between 1 year to 20 years. Salary estimates are based on 4 latest salaries received from various employees of Pramerica Life Insurance.

Experience wise Pramerica Life Insurance Insurance Sales Manager salaries

Last Updated: 12 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
2 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
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3 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
15+ years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr

Similar Designation salaries in Pramerica Life Insurance

Branch Head Salary

(37 salaries)

₹6 L/yr - ₹12.7 L/yr

Executive Sales Manager Salary

(35 salaries)

₹3.5 L/yr - ₹5.05 L/yr

Associate Sales Manager Salary

(31 salaries)

₹1.9 L/yr - ₹3.4 L/yr

Relationship Manager Salary

(28 salaries)

₹2 L/yr - ₹5 L/yr

Branch Operation Executive Salary

(25 salaries)

₹2.25 L/yr - ₹3.58 L/yr

Branch Manager Salary

(21 salaries)

₹6.5 L/yr - ₹11 L/yr

Senior Relationship Manager Salary

(10 salaries)

₹3.6 L/yr - ₹4.75 L/yr

Senior Branch Head Salary

(8 salaries)

₹11 L/yr - ₹15 L/yr

Area Head Salary

(7 salaries)

₹9.5 L/yr - ₹21 L/yr

Senior Branch Manager Salary

(7 salaries)

₹11 L/yr - ₹14 L/yr

Salary related reviews for Pramerica Life Insurance

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

Office Head in Indore

Sales & Business Development Department

1.0

• posted on 25 Jun 2019

4.0

for Salary and Benefits

Likes

No culture No Benefits they stop salary of Front line Manager salary of months like local firm company all day working too many con calls abusing languages

Salary - Good

Dislikes

No Culture , No skill development Training / No Software for advisors mo software for managers they still use excell sheet for records over all very bad Structure

Skill development - Bad

+5 more

Deputy Relationship Manager in Gurgaon / Gurugram

investment Department

4.0

• posted on 10 Aug 2018

5.0

for Salary and Benefits

Likes

i would like in Dhfl pramerica life insurance i.e. rewards & recognition, compensation & benefits.

Salary - Excellent

+1 more

Dislikes

There is no skills developments training, no employee value at any level & very terrible work life balance, people used abusing language at regional level, regional level manager treat their junior rag tag people.

Skill development - Poor

+3 more

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 Branch Head in Hyderabad / Secunderabad

Agency Department

4.0

• posted on 13 Mar 2019

4.0

for Salary and Benefits

Likes

The company is having good portfolio of products for agents to sell in Agency business which is very unique in life insurance industry.

Salary - Good

+5 more

Dislikes

Good Compensation and good products and Managers do not value individuals strengths.

Job security - Poor

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Pramerica Life Insurance Insurance Sales Manager Salary FAQs

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

The average salary of a Insurance Sales Manager at Pramerica Life Insurance in India typically ranges from ₹2.2 Lakhs to ₹4.1 Lakhs per year, depending on experience (from 1 year to 20 years).

The top 10% of Insurance Sales Manager at Pramerica Life Insurance earn more than ₹4.1 Lakhs per year, and the top 1% earn over ₹4.1 Lakhs per year. Insurance Sales 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 4 Pramerica Life Insurance employees in India.

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

The estimated take-home salary of a Insurance Sales Manager at Pramerica Life Insurance in India typically ranges from ₹22,904 to ₹24,374 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹4.1 Lakhs per year for employees with experience ranging from 1 year to 20 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 Insurance Sales Manager in India?

Future Generali India Life Insurance	₹2.9 Lakhs to ₹4.8 Lakhs per year
Cholamandalam MS General Insurance	₹2.9 Lakhs to ₹5.0 Lakhs per year
Ageas Federal Life Insurance	₹2.3 Lakhs to ₹5.0 Lakhs per year
ManipalCigna Health Insurance	₹3.3 Lakhs to ₹4.4 Lakhs per year
Aviva Life Insurance India	₹3.2 Lakhs to ₹4.0 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 Insurance Sales Manager in companies similar to Pramerica Life Insurance in India?

The salary of a Insurance Sales 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:

Aditya Birla Health Insurance Co	₹2.0 Lakhs to ₹4.3 Lakhs per year
Edelweiss Life Insurance	₹3.0 Lakhs to ₹3.5 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 Insurance Sales Manager at Pramerica Life Insurance in India?

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

Experience	Average Salary Range
1 year	₹2.0 Lakhs to ₹2.5 Lakhs per year
2 years	₹2.9 Lakhs to ₹3.7 Lakhs per year
3 years	₹2.9 Lakhs to ₹3.7 Lakhs per year
15 years	₹3.7 Lakhs to ₹4.7 Lakhs per year

and so on.

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Pramerica Life Insurance Insurance Sales Manager Salaries

Pramerica Life Insurance Insurance Sales Manager salary in India ranges between ₹2.2 Lakhs to ₹4.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Pramerica Life Insurance latest salaries received from various employees of Pramerica Life Insurance.

Pramerica Life Insurance Insurance Sales Manager salaries in India

Companies similar to Pramerica Life Insurance for Insurance Sales Manager

Latest annual salaries shared by Pramerica Life Insurance Insurance Sales Manager

Experience wise Pramerica Life Insurance Insurance Sales Manager salaries

Similar Designation salaries in Pramerica Life Insurance

Salary related reviews for Pramerica Life Insurance

Associate Sales Manager in Visakhapatnam

Office Head in Indore

Deputy Relationship Manager in Gurgaon / Gurugram

Relationship Manager in Ambala

Associate Branch Head in Hyderabad / Secunderabad

Pramerica Life Insurance Insurance Sales Manager Salary FAQs

Tell us how to improve this page.

Pramerica Life Insurance Insurance Sales Manager Salaries by Location