Pramerica Life Insurance SM Salaries by 4 Employees

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)	Unlock ₹2.7 L/yr - ₹3.3 L/yr
Customer Success, Service & Operations SM Salary 5 years exp. (AmbitionBox Estimate)	Unlock ₹2.7 L/yr - ₹3.3 L/yr
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Finance & Accounting SM Salary 3 years exp. (AmbitionBox Estimate)	Unlock ₹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
ICICI Prudential Life Insurance SM Salary 2 - 4 years exp. (3 salaries)	Unlock ₹6.5 L/yr - ₹7.1 L/yr 130% more
HDFC Life SM Salary 1 - 17 years exp. (10 salaries)	Unlock ₹3.8 L/yr - ₹5.3 L/yr 42% more
Login to view exact salary
Axis Max Life Insurance SM Salary 1 - 10 years exp. (15 salaries)	Unlock ₹3.1 L/yr - ₹5.5 L/yr 41% more
Bajaj Allianz Life Insurance SM Salary 0 - 6 years exp. (11 salaries)	Unlock ₹2 L/yr - ₹3.5 L/yr 8% less
Reliance Nippon Life Insurance SM Salary 1 - 9 years exp. (4 salaries)	Unlock ₹2.3 L/yr - ₹2.5 L/yr 24% less
Kotak Mahindara Life Insurance SM Salary 2 - 6 years exp. (13 salaries)	Unlock ₹3.3 L/yr - ₹4.5 L/yr 24% more
PNB MetLife SM Salary 3 - 6 years exp. (5 salaries)	Unlock ₹2.3 L/yr - ₹4.2 L/yr 4% more
Aditya Birla Health Insurance Co SM Salary 3 - 9 years exp. (9 salaries)	Unlock ₹3 L/yr - ₹4.5 L/yr 18% more
Future Generali India Life Insurance SM Salary 1 - 16 years exp. (7 salaries)	Unlock ₹2 L/yr - ₹3.5 L/yr 1% more
Cholamandalam MS General Insurance SM Salary 2 - 9 years exp. (5 salaries)	Unlock ₹3 L/yr - ₹4.2 L/yr 17% 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.

Experience wise Pramerica Life Insurance SM salaries

Last Updated: 29 May 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	Unlock ₹2.9 L/yr - ₹3.7 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹2.7 L/yr - ₹3.5 L/yr
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7 years (AmbitionBox Estimate)	Unlock ₹2.7 L/yr - ₹3.5 L/yr
12 years (AmbitionBox Estimate)	Unlock ₹2.8 L/yr - ₹3.6 L/yr

Similar Designation salaries in Pramerica Life Insurance

Unit Head Salary

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₹5.85 L/yr - ₹12.09 L/yr

Deputy Manager Salary

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₹4.8 L/yr - ₹14.73 L/yr

Operations Executive Salary

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₹1.95 L/yr - ₹4 L/yr

Associate Vice President Salary

(14 salaries)

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₹24.2 L/yr - ₹35 L/yr

Senior Training Manager Salary

(12 salaries)

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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

Operations Manager Salary

(11 salaries)

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₹6 L/yr - ₹12 L/yr

Senior Executive Operations Salary

(8 salaries)

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₹3.95 L/yr - ₹4.3 L/yr

Training Manager Salary

(8 salaries)

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₹5.8 L/yr - ₹7.2 L/yr

Zonal Training Manager Salary

(7 salaries)

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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

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

Business Analyst in Gurgaon / Gurugram

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.

Salary - Excellent

+5 more

Dislikes

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

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... read more

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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
Axis 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.

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Pramerica Life Insurance SM Salaries

Pramerica Life Insurance SM salary in India ranges between ₹3 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.