Pramerica Life Insurance Mumbai Relationship Manager Salaries by 5 Employees

2 - 9 years exp.

₹3.3 Lakhs - ₹4.5 Lakhs

Salary of majority employees

31% less than the average Relationship Manager Salary in Insurance Companies for 2 - 9 years of experience

Interested in this particular role? 24 job openings

Last Updated: 14 Mar 2023

Companies similar to Pramerica Life Insurance for Relationship Manager in Mumbai

Pramerica Life Insurance Relationship Manager Salary

2 - 9 years exp. (5 salaries)

₹3.3 L/yr - ₹4.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Future Generali India Life Insurance Relationship Manager Salary 0 - 7 years exp. (51 salaries)	₹2.2 L/yr - ₹4 L/yr 12% less	48 job openings
Aegon Life Insurance Relationship Manager Salary 0 - 7 years exp. (34 salaries)	₹2.7 L/yr - ₹4.3 L/yr 7% less
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Edelweiss Life Insurance Relationship Manager Salary 2 - 6 years exp. (28 salaries)	₹2.8 L/yr - ₹5.5 L/yr 7% more	15 job openings
Cholamandalam MS General Insurance Relationship Manager Salary 1 - 8 years exp. (14 salaries)	₹2.5 L/yr - ₹4.6 L/yr 9% more
Bharti AXA Life Insurance Relationship Manager Salary 1 - 8 years exp. (14 salaries)	₹2.3 L/yr - ₹4.3 L/yr 5% less
Universal Sompo General Insurance Relationship Manager Salary 0 - 12 years exp. (12 salaries)	₹3.5 L/yr - ₹6.5 L/yr 16% more	10 job openings
ManipalCigna Health Insurance Relationship Manager Salary 2 - 7 years exp. (10 salaries)	₹2.7 L/yr - ₹4 L/yr 3% less
Aviva Life Insurance India Relationship Manager Salary 1 - 7 years exp. (9 salaries)	₹2.8 L/yr - ₹3.9 L/yr 4% more
Liberty General Insurance Relationship Manager Salary 5 - 12 years exp. (9 salaries)	₹4 L/yr - ₹6.7 L/yr 59% more	3 job openings
Magma HDI General Insurance Relationship Manager Salary 5 - 8 years exp. (7 salaries)	₹5 L/yr - ₹7.6 L/yr 67% more	1 job opening
Aditya Birla Health Insurance Co Relationship Manager Salary 1 - 7 years exp. (6 salaries)	₹4.3 L/yr - ₹8.5 L/yr 30% more
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Bajaj Capital Insurance Relationship Manager Salary 3 - 6 years exp. (4 salaries)	₹3.1 L/yr - ₹5.4 L/yr 2% more
Marsh Relationship Manager Salary 3 - 6 years exp. (3 salaries)	₹13.8 L/yr - ₹17 L/yr 294% more
Ageas Federal Life Insurance Relationship Manager Salary 2 - 5 years exp. (3 salaries)	₹3.1 L/yr - ₹4 L/yr 7% more	2 job openings
IndiaFirst Life Insurance Relationship Manager Salary 4 - 8 years exp. (3 salaries)	₹2.2 L/yr - ₹3.5 L/yr 9% less	1 job opening

Relationship Manager salary at Pramerica Life Insurance ranges between ₹3.3 Lakhs to ₹4.5 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 5 latest salaries received from various employees of Pramerica Life Insurance.

Experience wise Pramerica Life Insurance Relationship Manager salaries in Mumbai

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹6.3 L/yr
3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
5 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.5 L/yr
6 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
7 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
8 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹3.8 L/yr
9 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.8 L/yr

View all

Similar Designation salaries in Pramerica Life Insurance

Associate Sales Manager Salary

(3 salaries)

₹2.35 L/yr - ₹2.5 L/yr

Top skills at Pramerica Life Insurance for Relationship Manager

Relationship Management Life Insurance Relationship Management Advisory Marking Tied Channel banca sales IT Support CRM General Insurance Sales channel management HNI Sales Channel Sales Management Branch Banking Bancassurance

Salary related reviews for Pramerica Life Insurance

5.0

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

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

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

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Salary Discussions, Hike & Promotions

a manager - business analyst

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 Relationship Manager Salary FAQs

What is the salary of Relationship Manager at Pramerica Life Insurance in Mumbai?

The average salary of a Relationship Manager at Pramerica Life Insurance in Mumbai typically ranges from ₹3.3 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 2 years to 9 years).

The top 10% of Relationship Manager in Mumbai at Pramerica Life Insurance earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Relationship 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 Relationship Manager at Pramerica Life Insurance in Mumbai?

The estimated take-home salary of a Relationship Manager at Pramerica Life Insurance in Mumbai typically ranges from ₹26,835 to ₹28,246 per month. This is based on the average salary range of ₹3.3 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 2 years to 9 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 Relationship Manager at Pramerica Life Insurance in Mumbai?

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

- Relationship Management
- Life Insurance
- Relationship Management
- Advisory
- Marking

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 Relationship Manager in India?

Marsh	₹13.8 Lakhs to ₹17.0 Lakhs per year
Magma HDI General Insurance	₹5.0 Lakhs to ₹7.6 Lakhs per year
Liberty General Insurance	₹4.0 Lakhs to ₹6.7 Lakhs per year
Aditya Birla Health Insurance Co	₹4.3 Lakhs to ₹8.5 Lakhs per year
Universal Sompo General Insurance	₹3.5 Lakhs to ₹6.5 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 Relationship Manager in companies similar to Pramerica Life Insurance in Mumbai?

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

Cholamandalam MS General Insurance	₹2.5 Lakhs to ₹4.6 Lakhs per year
Edelweiss Life Insurance	₹2.8 Lakhs to ₹5.5 Lakhs per year
Ageas Federal Life Insurance	₹3.1 Lakhs to ₹4.0 Lakhs per year
Aviva Life Insurance India	₹2.8 Lakhs to ₹3.9 Lakhs per year
Bajaj Capital Insurance	₹3.1 Lakhs to ₹5.4 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 Relationship Manager at Pramerica Life Insurance in Mumbai?

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

Experience	Average Salary Range
2 years	₹3.3 Lakhs to ₹6.3 Lakhs per year
3 years	₹3.2 Lakhs to ₹4.0 Lakhs per year
4 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
5 years	₹3.3 Lakhs to ₹4.5 Lakhs per year

and so on.

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Pramerica Life Insurance Relationship Manager Salaries in Mumbai

Pramerica Life Insurance Relationship Manager salary in Mumbai ranges between ₹3.3 Lakhs to ₹4.5 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.