Pramerica Life Insurance Senior Branch Manager Salaries by 7 Employees (Updated 2024)

7 - 19 years exp.

₹11 Lakhs - ₹14 Lakhs

Salary of majority employees

18% more than the average Senior Branch Manager Salary in Insurance Companies for 7 - 19 years of experience

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Last Updated: 22 Jun 2024

Companies similar to Pramerica Life Insurance for Senior Branch Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Senior Branch Manager Salary 10 - 18 years exp. (27 salaries)	₹10 L/yr - ₹16 L/yr 6% more
HDFC Life Senior Branch Manager Salary 10 - 20 years exp. (91 salaries)	₹7.8 L/yr - ₹15.4 L/yr 8% less
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SBI Life Insurance Company Senior Branch Manager Salary 10 - 22 years exp. (66 salaries)	₹9 L/yr - ₹17 L/yr 2% more
Max Life Insurance Senior Branch Manager Salary 5 - 25 years exp. (12 salaries)	₹9 L/yr - ₹11.5 L/yr 13% less
Bajaj Allianz Life Insurance Senior Branch Manager Salary 10 - 18 years exp. (130 salaries)	₹6 L/yr - ₹15.3 L/yr 21% less
Reliance Nippon Life Insurance Senior Branch Manager Salary 6 - 19 years exp. (106 salaries)	₹6.5 L/yr - ₹14 L/yr 26% less
Tata AIA Life Insurance Senior Branch Manager Salary 8 - 22 years exp. (20 salaries)	₹10 L/yr - ₹17 L/yr 11% more	1 job opening
Kotak Mahindara Life Insurance Senior Branch Manager Salary 12 - 19 years exp. (9 salaries)	₹9.1 L/yr - ₹14.3 L/yr 9% less
Aditya Birla Sun Life Insurance Senior Branch Manager Salary 5 - 21 years exp. (6 salaries)	₹8 L/yr - ₹16 L/yr 8% less
PNB MetLife Senior Branch Manager Salary 11 - 20 years exp. (38 salaries)	₹12 L/yr - ₹16.5 L/yr 7% more
Future Generali India Life Insurance Senior Branch Manager Salary 9 - 19 years exp. (63 salaries)	₹6.5 L/yr - ₹15.8 L/yr 8% less
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Bharti AXA Life Insurance Senior Branch Manager Salary 12 - 23 years exp. (33 salaries)	₹9 L/yr - ₹15 L/yr 7% less
Aditya Birla Health Insurance Co Senior Branch Manager Salary 6 - 19 years exp. (21 salaries)	₹9 L/yr - ₹12.3 L/yr 12% less
Cholamandalam MS General Insurance Senior Branch Manager Salary 7 - 18 years exp. (17 salaries)	₹5.6 L/yr - ₹8.5 L/yr 45% less
Bajaj Capital Insurance Senior Branch Manager Salary 5 - 9 years exp. (5 salaries)	₹3.7 L/yr - ₹5.2 L/yr 68% less
ManipalCigna Health Insurance Senior Branch Manager Salary 13 - 15 years exp. (5 salaries)	₹8 L/yr - ₹9.8 L/yr 28% less
Aviva Life Insurance India Senior Branch Manager Salary 11 - 15 years exp. (4 salaries)	₹6.6 L/yr - ₹12.7 L/yr 38% less
Ageas Federal Life Insurance Senior Branch Manager Salary 10 - 16 years exp. (4 salaries)	₹10 L/yr - ₹18.7 L/yr 9% more
Edelweiss Life Insurance Senior Branch Manager Salary 5 - 16 years exp. (4 salaries)	₹5.7 L/yr - ₹11.5 L/yr 26% less

Senior Branch Manager salary at Pramerica Life Insurance ranges between ₹11 Lakhs to ₹14 Lakhs per year for employees with experience between 7 years to 19 years. Salary estimates are based on 7 latest salaries received from various employees of Pramerica Life Insurance.

Experience wise Pramerica Life Insurance Senior Branch Manager salaries

Last Updated: 22 Jun 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹13.3 L/yr
8 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹14.7 L/yr
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9 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹14.7 L/yr
10 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹14.7 L/yr
11 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹14.7 L/yr
12 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹14.7 L/yr
13 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹14.7 L/yr
14 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹14.7 L/yr
15+ years (6 salaries)	₹11 L/yr - ₹14 L/yr

View all

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Salary related reviews for Pramerica Life Insurance

3.7

Rated by 4 employees for salary & benefits

Senior Sales Manager in Bilaspur

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 16 Apr 2024

1.0

for Salary and Benefits

Likes

Dislike every parameter , seniors are uneducated also.

Dislikes

Very poor service to employee, no senior is responsible for salary ,incentive, and for local convenience, even training is also paid by employees, such an unorganized work

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.

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.

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

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 .

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.

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.

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Salary Discussions, Hike & Promotions

a product owner

Salary -- Accepted Offer

I accepted an offer where they gave me around 120% hike on current salary, but 2 weeks later I got to know that there are paying other candidates more than me for the same role with even less experience. Can I reach out to HR for salary revision after accepting offer? I still have 3 weeks left for joining. *My interview went really well. But HR low balled just becuase of current salary

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Pramerica Life Insurance Senior Branch Manager Salary FAQs

What is the salary of Senior Branch Manager at Pramerica Life Insurance?

Senior Branch Manager salary at Pramerica Life Insurance in India ranges between ₹11.0 Lakhs to ₹14.0 Lakhs for experience between 7 years to 19 years. According to our estimates it is 18% more than the average Senior Branch Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Pramerica Life Insurance India.

How does the salary of a Senior Branch Manager at Pramerica Life Insurance India compare with the average salary range for this job?

The average salary of a Senior Branch Manager at Pramerica Life Insurance is 18% more than the average salary of a Senior Branch Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Pramerica Life Insurance to a Senior Branch Manager in India?

Tata AIA Life Insurance Senior Branch Manager Salary - ₹10.0 Lakhs to ₹17.0 Lakhs per year
Ageas Federal Life Insurance Senior Branch Manager Salary - ₹10.0 Lakhs to ₹18.7 Lakhs per year
PNB MetLife Senior Branch Manager Salary - ₹12.0 Lakhs to ₹16.5 Lakhs per year
ICICI Prudential Life Insurance Senior Branch Manager Salary - ₹10.0 Lakhs to ₹16.0 Lakhs per year
SBI Life Insurance Company Senior Branch Manager Salary - ₹9.0 Lakhs to ₹17.0 Lakhs per year

What is the salary of a Senior Branch Manager in companies similar to Pramerica Life Insurance in India?

Bharti AXA Life Insurance Senior Branch Manager Salary - ₹9.0 Lakhs to ₹15.0 Lakhs per year
Aditya Birla Sun Life Insurance Senior Branch Manager Salary - ₹8.0 Lakhs to ₹16.0 Lakhs per year
Future Generali India Life Insurance Senior Branch Manager Salary - ₹6.5 Lakhs to ₹15.8 Lakhs per year
HDFC Life Senior Branch Manager Salary - ₹7.8 Lakhs to ₹15.4 Lakhs per year
Kotak Mahindara Life Insurance Senior Branch Manager Salary - ₹9.1 Lakhs to ₹14.3 Lakhs per year

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

The estimated take-home salary of a Senior Branch Manager at Pramerica Life Insurance ranges between ₹90,075 per month to ₹92,442 per month in India. The take-home salary calculation is based on the average Pramerica Life Insurance Senior Branch Manager salary in India which ranges between ₹11.0 Lakhs to ₹14.0 Lakhs per year for employees with experience between 7 years to 19 years. Check how did we calculate take home salary?

What is the notice period for Senior Branch Manager at Pramerica Life Insurance?

According to AmbitionBox, 50% of the Pramerica Life Insurance Senior Branch Managers reported a notice period of 1 Month, 38% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 8 responses on AmbitionBox in last 2 years.

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Pramerica Life Insurance Senior Branch Manager Salaries

Pramerica Life Insurance Senior Branch Manager salary in India ranges between ₹11 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Pramerica Life Insurance latest salaries received from various employees of Pramerica Life Insurance.