Pramerica Life Insurance New Delhi Sales Manager Salaries by 8 Employees

2 - 8 years exp.

₹2.2 Lakhs - ₹4.2 Lakhs

Salary of majority employees

50% less than the average Sales Manager Salary in Insurance Companies for 2 - 8 years of experience

Interested in this particular role? 27 job openings

Salaries in different departments

Sales & Business Development Sales Manager Salary 2 - 5 years exp. (3 salaries)	₹3 L/yr - ₹4.2 L/yr
BFSI, Investments & Trading Sales Manager Salary 3 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹3.6 L/yr
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Administration & Facilities Sales Manager Salary 8 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.6 L/yr

Last Updated: 31 Jul 2024

Companies similar to Pramerica Life Insurance for Sales Manager in New Delhi

Pramerica Life Insurance Sales Manager Salary

2 - 8 years exp. (8 salaries)

₹2.2 L/yr - ₹4.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Health Insurance Co Sales Manager Salary 0 - 9 years exp. (58 salaries)	₹3 L/yr - ₹5 L/yr 19% more
Cholamandalam MS General Insurance Sales Manager Salary 1 - 10 years exp. (21 salaries)	₹3 L/yr - ₹5.6 L/yr 29% more
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Future Generali India Life Insurance Sales Manager Salary 0 - 9 years exp. (21 salaries)	₹3 L/yr - ₹5.5 L/yr 13% more	43 job openings
Bharti AXA Life Insurance Sales Manager Salary 2 - 12 years exp. (12 salaries)	₹2.8 L/yr - ₹7.4 L/yr 34% more	1 job opening
Aviva Life Insurance India Sales Manager Salary 4 - 12 years exp. (9 salaries)	₹3.4 L/yr - ₹5 L/yr 32% more
Edelweiss Life Insurance Sales Manager Salary 3 - 9 years exp. (7 salaries)	₹3 L/yr - ₹6 L/yr 6% more
Aegon Life Insurance Sales Manager Salary 3 - 6 years exp. (5 salaries)	₹3.5 L/yr - ₹4.8 L/yr 21% more
Royal Sundaram General Insurance Sales Manager Salary 3 - 7 years exp. (5 salaries)	₹4.2 L/yr - ₹4.4 L/yr 25% more
Ageas Federal Life Insurance Sales Manager Salary 5 - 10 years exp. (4 salaries)	₹4.5 L/yr - ₹7.5 L/yr 43% more
IndiaFirst Life Insurance Sales Manager Salary 4 - 8 years exp. (3 salaries)	₹3.8 L/yr - ₹6.1 L/yr 21% more
Bajaj Capital Insurance Sales Manager Salary 2 - 3 years exp. (3 salaries)	₹0.3 L/yr - ₹4 L/yr 55% less
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Sales Manager salary at Pramerica Life Insurance ranges between ₹2.2 Lakhs to ₹4.2 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 8 latest salaries received from various employees of Pramerica Life Insurance.

Experience wise Pramerica Life Insurance Sales Manager salaries in New Delhi

Last Updated: 31 Jul 2024

Experience	Avg Annual Salary
2 years (3 salaries)	₹3 L/yr - ₹3.8 L/yr
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
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4 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
5 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
6 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
7 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
8 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr

View all

Similar Designation salaries in Pramerica Life Insurance

Deputy Manager Salary

(21 salaries)

₹5.5 L/yr - ₹18.87 L/yr

Senior Sales Manager Salary

(7 salaries)

₹3 L/yr - ₹5 L/yr

Branch Manager Salary

(4 salaries)

₹9 L/yr - ₹10.3 L/yr

Top skills at Pramerica Life Insurance for Sales Manager

Life Insurance Sales Sales Management Marking Switching Sales Development Salesforce Insurance Sales Risk Assessment Direct Sales Marketing Insurance SAS SQL Life Insurance Agency Sales

Salary related reviews for Pramerica Life Insurance

3.0

Rated by 2 employees for salary & benefits

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

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

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

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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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 Sales Manager Salary FAQs

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

The average salary of a Sales Manager at Pramerica Life Insurance in New Delhi typically ranges from ₹2.2 Lakhs to ₹4.2 Lakhs per year, depending on experience (from 2 years to 8 years).

The top 10% of Sales Manager in New Delhi at Pramerica Life Insurance earn more than ₹4.1 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. 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 8 Pramerica Life Insurance employees in India.

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

The estimated take-home salary of a Sales Manager at Pramerica Life Insurance in New Delhi typically ranges from ₹24,732 to ₹26,174 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹4.2 Lakhs per year for employees with experience ranging from 2 years to 8 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 8 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 Sales Manager at Pramerica Life Insurance in New Delhi?

To be a Sales Manager at Pramerica Life Insurance in New Delhi, the key skills required include:

- Life Insurance
- Sales
- Sales Management
- Marking
- Switching

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 Sales Manager in India?

Ageas Federal Life Insurance	₹4.5 Lakhs to ₹7.5 Lakhs per year
Bharti AXA Life Insurance	₹2.8 Lakhs to ₹7.4 Lakhs per year
Aviva Life Insurance India	₹3.4 Lakhs to ₹5.0 Lakhs per year
Cholamandalam MS General Insurance	₹3.0 Lakhs to ₹5.6 Lakhs per year
Royal Sundaram General Insurance	₹4.2 Lakhs to ₹4.4 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 Sales Manager in companies similar to Pramerica Life Insurance in New Delhi?

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

Aegon Life Insurance	₹3.5 Lakhs to ₹4.8 Lakhs per year
IndiaFirst Life Insurance	₹3.8 Lakhs to ₹6.1 Lakhs per year
Aditya Birla Health Insurance Co	₹3.0 Lakhs to ₹5.0 Lakhs per year
Future Generali India Life Insurance	₹3.0 Lakhs to ₹5.5 Lakhs per year
Edelweiss Life Insurance	₹3.0 Lakhs to ₹6.0 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 Sales Manager at Pramerica Life Insurance in New Delhi?

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

Experience	Average Salary Range
2 years	₹3.0 Lakhs to ₹3.8 Lakhs per year
3 years	₹3.0 Lakhs to ₹3.9 Lakhs per year
4 years	₹3.1 Lakhs to ₹3.9 Lakhs per year
5 years	₹3.1 Lakhs to ₹4.0 Lakhs per year

and so on.

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Pramerica Life Insurance Sales Manager Salaries in New Delhi

Pramerica Life Insurance Sales Manager salary in New Delhi ranges between ₹2.2 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Pramerica Life Insurance latest salaries received from various employees of Pramerica Life Insurance.