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Pramerica Life Insurance SM salaries in India

Annual salary range
3 - 12 years exp.
₹3 Lakhs - ₹3.3 Lakhs
Salary of majority employees
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63% less than the average SM Salary in Insurance Companies for 3 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading
SM Salary
7 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.3 L/yr

Customer Success, Service & Operations
SM Salary
5 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.3 L/yr

Finance & Accounting
SM Salary
3 years exp. (AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.6 L/yr

Last Updated: 29 May 2024

Companies similar to Pramerica Life Insurance for SM

Company name Avg Annual Salary Open Jobs
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ICICI Prudential Life Insurance SM Salary

2 - 4 years exp. (3 salaries)

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₹6.5 L/yr - ₹7.1 L/yr

arrow icon 130% more
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HDFC Life SM Salary

1 - 17 years exp. (10 salaries)

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₹3.8 L/yr - ₹5.3 L/yr

arrow icon 43% more
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Max Life Insurance SM Salary

1 - 10 years exp. (10 salaries)

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₹3.1 L/yr - ₹5.5 L/yr

arrow icon 42% more
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Bajaj Allianz Life Insurance SM Salary

0 - 6 years exp. (11 salaries)

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₹2 L/yr - ₹3.5 L/yr

arrow icon 9% less
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Reliance Nippon Life Insurance SM Salary

1 - 9 years exp. (4 salaries)

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₹2.3 L/yr - ₹2.5 L/yr

arrow icon 24% less
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Kotak Mahindara Life Insurance SM Salary

2 - 6 years exp. (13 salaries)

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₹3.3 L/yr - ₹4.5 L/yr

arrow icon 21% more
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PNB MetLife SM Salary

3 - 6 years exp. (5 salaries)

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₹2.3 L/yr - ₹4.2 L/yr

arrow icon 4% more
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Aditya Birla Health Insurance Co SM Salary

3 - 9 years exp. (9 salaries)

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₹3 L/yr - ₹4.5 L/yr

arrow icon 17% more
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₹2 L/yr - ₹3.5 L/yr

arrow icon 1% more
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Cholamandalam MS General Insurance SM Salary

2 - 8 years exp. (4 salaries)

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₹3 L/yr - ₹4.2 L/yr

arrow icon 16% more
SM salary at Pramerica Life Insurance ranges between ₹3 Lakhs to ₹3.3 Lakhs per year for employees with experience between 3 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Pramerica Life Insurance.

Latest annual salaries shared by Pramerica Life Insurance SM

7mo ago
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3 years exp.
1y ago
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5 years exp.
1y ago
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12 years exp.
1y ago
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7 years exp.

Experience wise Pramerica Life Insurance SM salaries

Last Updated: 29 May 2024

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.7 L/yr
5 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr
7 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr
12 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.6 L/yr

Similar Designation salaries in Pramerica Life Insurance

Deputy Manager Salary
(52 salaries)
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₹5 L/yr - ₹14.72 L/yr
Unit Head Salary
(40 salaries)
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₹5.85 L/yr - ₹12.09 L/yr
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₹1.9 L/yr - ₹4 L/yr
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₹22 L/yr - ₹40 L/yr
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₹9 L/yr - ₹12.5 L/yr
Chief Manager Salary
(12 salaries)
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₹19.9 L/yr - ₹30 L/yr
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₹6 L/yr - ₹12 L/yr
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₹5.8 L/yr - ₹7.2 L/yr
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₹3.95 L/yr - ₹4.3 L/yr
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₹12.1 L/yr - ₹25 L/yr

Salary related reviews for Pramerica Life Insurance

5.0

Rated by 1 employees for salary & benefits

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

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

read more

Data Science & Analytics Department

4.0
  •  posted on 31 Dec 2019

5.0
 for  Salary and Benefits

Likes

Great learning experience and New challenges and new projects keeps one working in competitive environment and benefits do pay off at the end. Friendly environment and regular updates circulates with the team as per the Indian Insurance Market.

read more

Dislikes

Nothing was to dislike.keep working and do your stuff.

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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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

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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.

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Pramerica Life Insurance SM Salary FAQs

What is the salary of SM at Pramerica Life Insurance?
SM salary at Pramerica Life Insurance in India ranges between ₹3.0 Lakhs to ₹3.3 Lakhs for experience between 3 years to 12 years. According to our estimates it is 63% less than the average SM Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Pramerica Life Insurance India.
How does the salary of a SM at Pramerica Life Insurance India compare with the average salary range for this job?
The average salary of a SM at Pramerica Life Insurance is 63% less than the average salary of a SM in India. To know exact salary insights, login to view.
Which similar companies are paying more than Pramerica Life Insurance to a SM in India?
  • ICICI Prudential Life Insurance SM Salary - ₹6.5 Lakhs to ₹7.1 Lakhs per year
  • HDFC Life SM Salary - ₹3.8 Lakhs to ₹5.3 Lakhs per year
  • Max Life Insurance SM Salary - ₹3.1 Lakhs to ₹5.5 Lakhs per year
  • Kotak Mahindara Life Insurance SM Salary - ₹3.3 Lakhs to ₹4.5 Lakhs per year
  • Aditya Birla Health Insurance Co SM Salary - ₹3.0 Lakhs to ₹4.5 Lakhs per year
What is the salary of a SM in companies similar to Pramerica Life Insurance in India?
  • Cholamandalam MS General Insurance SM Salary - ₹3.0 Lakhs to ₹4.2 Lakhs per year
  • PNB MetLife SM Salary - ₹2.3 Lakhs to ₹4.2 Lakhs per year
  • Future Generali India Life Insurance SM Salary - ₹2.0 Lakhs to ₹3.5 Lakhs per year
  • Bajaj Allianz Life Insurance SM Salary - ₹2.0 Lakhs to ₹3.5 Lakhs per year
  • Reliance Nippon Life Insurance SM Salary - ₹2.3 Lakhs to ₹2.5 Lakhs per year
What is the estimated take home salary of a SM at Pramerica Life Insurance in India?
The estimated take-home salary of a SM at Pramerica Life Insurance ranges between ₹22,201 per month to ₹23,682 per month in India. The take-home salary calculation is based on the average Pramerica Life Insurance SM salary in India which ranges between ₹3.0 Lakhs to ₹3.3 Lakhs per year for employees with experience between 3 years to 12 years. Check how did we calculate take home salary?
What is the notice period for SM at Pramerica Life Insurance?
According to AmbitionBox, 100% of the Pramerica Life Insurance SMs reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

Pramerica Life Insurance SM salary in India ranges between ₹3 Lakhs to ₹3.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Pramerica Life Insurance latest salaries received from various employees of Pramerica Life Insurance.