Pramerica Life Insurance Operations Manager Salaries by 10+ Employees

3 - 18 years exp.

₹6 Lakhs - ₹12 Lakhs

Salary of majority employees

14% less than the average Operations Manager Salary in Insurance Companies for 3 - 18 years of experience

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Salaries in different departments

Customer Success, Service & Operations Operations Manager Salary 8 - 18 years exp. (4 salaries)	₹8.1 L/yr - ₹10.5 L/yr
BFSI, Investments & Trading Operations Manager Salary 3 - 14 years exp. (3 salaries)	₹8.1 L/yr - ₹10.5 L/yr
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Data Science & Analytics Operations Manager Salary 9 - 12 years exp. (AmbitionBox Estimate)	₹10.3 L/yr - ₹12 L/yr

Last Updated: 29 Nov 2024

Companies similar to Pramerica Life Insurance for Operations Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Operations Manager Salary 1 - 15 years exp. (43 salaries)	₹1.5 L/yr - ₹7.5 L/yr 60% less
HDFC Life Operations Manager Salary 1 - 17 years exp. (38 salaries)	₹1.5 L/yr - ₹10.4 L/yr 39% less
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SBI Life Insurance Company Operations Manager Salary 6 - 18 years exp. (44 salaries)	₹3.6 L/yr - ₹13 L/yr 14% less
Axis Max Life Insurance Operations Manager Salary 1 - 16 years exp. (49 salaries)	₹2.2 L/yr - ₹11 L/yr 36% less
Bajaj Allianz Life Insurance Operations Manager Salary 4 - 19 years exp. (17 salaries)	₹3.5 L/yr - ₹15 L/yr 10% less
Reliance Nippon Life Insurance Operations Manager Salary 5 - 16 years exp. (10 salaries)	₹2.9 L/yr - ₹3.9 L/yr 63% less
Tata AIA Life Insurance Operations Manager Salary 0 - 18 years exp. (21 salaries)	₹6.5 L/yr - ₹15.6 L/yr 24% more
Kotak Mahindara Life Insurance Operations Manager Salary 1 - 13 years exp. (38 salaries)	₹2.7 L/yr - ₹8.5 L/yr 50% less
Aditya Birla Sun Life Insurance Operations Manager Salary 12 - 17 years exp. (5 salaries)	₹3.4 L/yr - ₹7.3 L/yr 50% less
PNB MetLife Operations Manager Salary 8 - 17 years exp. (9 salaries)	₹5.5 L/yr - ₹11.2 L/yr 30% less
Medi Assist India Operations Manager Salary 7 - 18 years exp. (29 salaries)	₹6 L/yr - ₹10.7 L/yr 12% less
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MetLife Operations Manager Salary 7 - 19 years exp. (22 salaries)	₹16.6 L/yr - ₹30.4 L/yr 141% more
Cholamandalam MS General Insurance Operations Manager Salary 0 - 5 years exp. (14 salaries)	₹1 L/yr - ₹9 L/yr 56% less
Aditya Birla Health Insurance Co Operations Manager Salary 2 - 14 years exp. (13 salaries)	₹3.4 L/yr - ₹10.6 L/yr 35% less
Principal Global Services Operations Manager Salary 12 - 17 years exp. (11 salaries)	₹15 L/yr - ₹27 L/yr 133% more
Allianz Services Operations Manager Salary 9 - 17 years exp. (10 salaries)	₹13.8 L/yr - ₹20 L/yr 78% more
Edelweiss Life Insurance Operations Manager Salary 2 - 8 years exp. (8 salaries)	₹2.6 L/yr - ₹6.5 L/yr 44% less
Ageas Federal Life Insurance Operations Manager Salary 2 - 10 years exp. (7 salaries)	₹3.5 L/yr - ₹8.5 L/yr 45% less
IndiaFirst Life Insurance Operations Manager Salary 8 - 16 years exp. (6 salaries)	₹6 L/yr - ₹11.6 L/yr 7% less
Shriram General Insurance Operations Manager Salary 10 - 13 years exp. (6 salaries)	₹4.2 L/yr - ₹6.4 L/yr 44% less

View all

Operations Manager salary at Pramerica Life Insurance ranges between ₹6 Lakhs to ₹12 Lakhs per year for employees with experience between 3 years to 18 years. Salary estimates are based on 11 latest salaries received from various employees of Pramerica Life Insurance.

Experience wise Pramerica Life Insurance Operations Manager salaries

Last Updated: 29 Nov 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹9.5 L/yr
4 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.8 L/yr
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5 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.8 L/yr
6 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.8 L/yr
7 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.8 L/yr
8 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹10.5 L/yr
9 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹12 L/yr
10 years (AmbitionBox Estimate)	₹6 L/yr - ₹16.9 L/yr
11 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹10 L/yr
12 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹12 L/yr
13 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.8 L/yr
14 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹10.5 L/yr
15+ years (3 salaries)	₹8.1 L/yr - ₹16.9 L/yr

View all

Similar Designation salaries in Pramerica Life Insurance

Relationship Manager Salary

(28 salaries)

₹2 L/yr - ₹5 L/yr

Senior Operations Manager Salary

(6 salaries)

₹4.5 L/yr - ₹15 L/yr

Department Manager Salary

(AmbitionBox Estimate)

₹16.2 L/yr - ₹20.7 L/yr

Team Manager Salary

(3 salaries)

₹4.2 L/yr - ₹8.6 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹16.2 L/yr - ₹20.7 L/yr

Branch Manager Salary

(21 salaries)

₹6.5 L/yr - ₹11 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

Program Manager Salary

(4 salaries)

₹5.5 L/yr - ₹17 L/yr

Project Manager Salary

(4 salaries)

₹15 L/yr - ₹47.56 L/yr

Top skills at Pramerica Life Insurance for Operations Manager

Life Insurance Operations Stakeholder Management SDLC VSWR

Salary related reviews for Pramerica Life Insurance

4.0

Rated by 2 employees for salary & benefits

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

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 Operations Manager Salary FAQs

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

The average salary of a Operations Manager at Pramerica Life Insurance in India typically ranges from ₹6.0 Lakhs to ₹12.0 Lakhs per year, depending on experience (from 3 years to 18 years).

The top 10% of Operations Manager at Pramerica Life Insurance earn more than ₹12.0 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. Operations 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 10+ Pramerica Life Insurance employees in India.

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

The estimated take-home salary of a Operations Manager at Pramerica Life Insurance in India typically ranges from ₹68,261 to ₹70,012 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from 3 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 10+ 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 Operations Manager at Pramerica Life Insurance ?

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

- Life Insurance
- Operations
- Stakeholder Management
- SDLC
- VSWR

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 Operations Manager in India?

MetLife	₹16.6 Lakhs to ₹30.4 Lakhs per year
Principal Global Services	₹15.0 Lakhs to ₹27.0 Lakhs per year
Allianz Services	₹13.8 Lakhs to ₹20.0 Lakhs per year
Tata AIA Life Insurance	₹6.5 Lakhs to ₹15.6 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 Operations Manager in companies similar to Pramerica Life Insurance in India?

The salary of a Operations 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:

Aviva Life Insurance India	₹5.0 Lakhs to ₹9.5 Lakhs per year
IndiaFirst Life Insurance	₹6.0 Lakhs to ₹11.6 Lakhs per year
Bajaj Allianz Life Insurance	₹3.5 Lakhs to ₹15.0 Lakhs per year
Future Generali India Life Insurance	₹3.9 Lakhs to ₹13.6 Lakhs per year
Medi Assist India	₹6.0 Lakhs to ₹10.7 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 Operations Manager at Pramerica Life Insurance in India?

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

Experience	Average Salary Range
3 years	₹8.1 Lakhs to ₹9.5 Lakhs per year
4 years	₹8.5 Lakhs to ₹10.8 Lakhs per year
5 years	₹8.5 Lakhs to ₹10.8 Lakhs per year
6 years	₹8.5 Lakhs to ₹10.8 Lakhs per year

and so on.

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Pramerica Life Insurance Operations Manager Salaries

Pramerica Life Insurance Operations Manager salary in India ranges between ₹6 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Pramerica Life Insurance latest salaries received from various employees of Pramerica Life Insurance.