Pramerica Life Insurance Renewal Executive Salaries by 4 Employees (Updated 2025)

3 - 7 years exp.

₹2.6 Lakhs - ₹3.3 Lakhs

Salary of majority employees

At par with the average Renewal Executive Salary in Insurance Companies for 3 - 7 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Pramerica Life Insurance for Renewal Executive

Company name	Avg Annual Salary	Open Jobs
HDFC Life Renewal Executive Salary 1 - 3 years exp. (5 salaries)	₹0.6 L/yr - ₹4.2 L/yr 13% less
Bajaj Allianz Life Insurance Renewal Executive Salary 1 - 4 years exp. (5 salaries)	₹1 L/yr - ₹2 L/yr 49% less
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Aditya Birla Health Insurance Co Renewal Executive Salary 0 - 3 years exp. (13 salaries)	₹2.3 L/yr - ₹3.5 L/yr 5% less
Royal Sundaram General Insurance Renewal Executive Salary 0 - 8 years exp. (5 salaries)	₹2.8 L/yr - ₹4.1 L/yr 18% more
Shriram General Insurance Renewal Executive Salary 3 - 6 years exp. (4 salaries)	₹1.8 L/yr - ₹3.4 L/yr 4% less
ManipalCigna Health Insurance Renewal Executive Salary 3 - 6 years exp. (3 salaries)	₹2.2 L/yr - ₹3.3 L/yr 1% less

Renewal Executive salary at Pramerica Life Insurance ranges between ₹2.6 Lakhs to ₹3.3 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Pramerica Life Insurance.

Experience wise Pramerica Life Insurance Renewal Executive salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹5.3 L/yr
4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr
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5 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
7 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.3 L/yr

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Operations Executive Salary

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Salary related reviews for Pramerica Life Insurance

3.6

Rated by 3 employees for salary & benefits

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

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

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2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Pramerica Life Insurance Renewal Executive Salary FAQs

What is the salary of Renewal Executive at Pramerica Life Insurance?

Renewal Executive salary at Pramerica Life Insurance in India ranges between ₹2.6 Lakhs to ₹3.3 Lakhs for experience between 3 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Pramerica Life Insurance India.

Which similar companies are paying more than Pramerica Life Insurance to a Renewal Executive in India?

Royal Sundaram General Insurance Renewal Executive Salary - ₹2.8 Lakhs to ₹4.1 Lakhs per year

What is the salary of a Renewal Executive in companies similar to Pramerica Life Insurance in India?

ManipalCigna Health Insurance Renewal Executive Salary - ₹2.2 Lakhs to ₹3.3 Lakhs per year
Shriram General Insurance Renewal Executive Salary - ₹1.8 Lakhs to ₹3.4 Lakhs per year
Aditya Birla Health Insurance Co Renewal Executive Salary - ₹2.3 Lakhs to ₹3.5 Lakhs per year
HDFC Life Renewal Executive Salary - ₹0.6 Lakhs to ₹4.2 Lakhs per year
Bajaj Allianz Life Insurance Renewal Executive Salary - ₹1.0 Lakhs to ₹2.0 Lakhs per year

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

The estimated take-home salary of a Renewal Executive at Pramerica Life Insurance ranges between ₹21,159 per month to ₹22,805 per month in India. The take-home salary calculation is based on the average Pramerica Life Insurance Renewal Executive salary in India which ranges between ₹2.6 Lakhs to ₹3.3 Lakhs per year for employees with experience between 3 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Renewal Executive at Pramerica Life Insurance?

According to AmbitionBox, 50% of the Pramerica Life Insurance Renewal Executives reported a notice period of 15 days or less, 50% reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Pramerica Life Insurance Renewal Executive Salaries

Pramerica Life Insurance Renewal Executive salary in India ranges between ₹2.6 Lakhs to ₹3.3 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.