Pramerica Life Insurance Territory Manager Salaries by 10 Employees

8 - 14 years exp.

₹5.4 Lakhs - ₹9.4 Lakhs

Avg. annual salary

Monthly In-hand Salary

8% less than the average Territory Manager Salary in Insurance Companies for 8 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Territory Manager Salary 8 - 13 years exp. (4 salaries)	₹5.8 L/yr - ₹9 L/yr
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Sales & Business Development Territory Manager Salary 10 - 14 years exp. (3 salaries)	₹7.1 L/yr - ₹9.4 L/yr

Last Updated: 26 Dec 2024

Companies similar to Pramerica Life Insurance for Territory Manager

Company name	Avg Annual Salary	Open Jobs
Edelweiss Life Insurance Territory Manager Salary 8 - 20 years exp. (58 salaries)	₹4.8 L/yr - ₹8.5 L/yr 1% less
Aviva Life Insurance India Territory Manager Salary 5 - 14 years exp. (56 salaries)	₹5.4 L/yr - ₹10.1 L/yr 3% more	1 job opening
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Cholamandalam MS General Insurance Territory Manager Salary 10 - 15 years exp. (48 salaries)	₹4.6 L/yr - ₹11 L/yr 14% more
Liberty General Insurance Territory Manager Salary 10 - 18 years exp. (42 salaries)	₹7 L/yr - ₹15 L/yr 68% more
Royal Sundaram General Insurance Territory Manager Salary 3 - 16 years exp. (35 salaries)	₹3.7 L/yr - ₹7.2 L/yr 27% less
Mahindra Insurance Brokers Territory Manager Salary 2 - 13 years exp. (35 salaries)	₹2.4 L/yr - ₹4.8 L/yr 49% less
Ageas Federal Life Insurance Territory Manager Salary 8 - 18 years exp. (22 salaries)	₹8.4 L/yr - ₹17.1 L/yr 83% more	1 job opening
Magma HDI General Insurance Territory Manager Salary 9 - 17 years exp. (5 salaries)	₹5.5 L/yr - ₹18 L/yr 67% more
MetLife Territory Manager Salary 7 - 14 years exp. (4 salaries)	₹6 L/yr - ₹8.7 L/yr 8% more
Aegon Life Insurance Territory Manager Salary 6 - 15 years exp. (4 salaries)	₹8.3 L/yr - ₹9.8 L/yr 33% more
Allianz Partners Territory Manager Salary 4 - 6 years exp. (3 salaries)	₹4 L/yr - ₹4.1 L/yr 42% less
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Bharti AXA Life Insurance Territory Manager Salary 5 - 10 years exp. (3 salaries)	₹5.8 L/yr - ₹7.5 L/yr 2% less
ManipalCigna Health Insurance Territory Manager Salary 10 - 15 years exp. (3 salaries)	₹3.6 L/yr - ₹6 L/yr 34% less
Shriram General Insurance Territory Manager Salary 11 - 17 years exp. (3 salaries)	₹3.1 L/yr - ₹9.5 L/yr 12% less
Universal Sompo General Insurance Territory Manager Salary 3 - 14 years exp. (3 salaries)	₹4 L/yr - ₹13.5 L/yr 6% more

Territory Manager salary at Pramerica Life Insurance ranges between ₹5.4 Lakhs to ₹9.4 Lakhs per year for employees with experience between 8 years to 14 years. Salary estimates are based on 10 latest salaries received from various employees of Pramerica Life Insurance.

Experience wise Pramerica Life Insurance Territory Manager salaries

Last Updated: 26 Dec 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹12.4 L/yr
9 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
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10 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹9.4 L/yr
11 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹12.4 L/yr
12 years (3 salaries)	₹5.8 L/yr - ₹9.4 L/yr
13 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹8.9 L/yr
14 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹8.3 L/yr

View all

Similar Designation salaries in Pramerica Life Insurance

Territory Sales Manager Salary

(4 salaries)

₹4.2 L/yr - ₹13.5 L/yr

Deputy Manager Salary

(52 salaries)

₹4.8 L/yr - ₹14.72 L/yr

Senior Territory Manager Salary

(3 salaries)

₹11 L/yr - ₹12.74 L/yr

Area Manager Salary

(4 salaries)

₹9 L/yr - ₹13.1 L/yr

Territory Business Manager Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Area Sales Manager Salary

(6 salaries)

₹2.5 L/yr - ₹4.2 L/yr

Sales Manager Salary

(166 salaries)

₹2 L/yr - ₹5 L/yr

Senior Sales Manager Salary

(116 salaries)

₹3 L/yr - ₹5 L/yr

Relationship Manager Salary

(28 salaries)

₹2 L/yr - ₹5 L/yr

Territory Sales Executive Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Top skills at Pramerica Life Insurance for Territory Manager

Team Handling Insurance Sales Corporate Sales Business Development Territory Management Sales Sales Promotion

Salary related reviews for Pramerica Life Insurance

3.1

Rated by 3 employees for salary & benefits

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

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

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

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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Pramerica Life Insurance Territory Manager Salary FAQs

What is the salary of Territory Manager at Pramerica Life Insurance ?

The average salary of a Territory Manager at Pramerica Life Insurance in India typically ranges from ₹5.4 Lakhs to ₹9.4 Lakhs per year, depending on experience (from 8 years to 14 years).

The top 10% of Territory Manager at Pramerica Life Insurance earn more than ₹9.4 Lakhs per year, and the top 1% earn over ₹9.4 Lakhs per year. Territory 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 10 Pramerica Life Insurance employees in India.

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

The estimated take-home salary of a Territory Manager at Pramerica Life Insurance in India typically ranges from ₹52,733 to ₹53,975 per month. This is based on the average salary range of ₹5.4 Lakhs to ₹9.4 Lakhs per year for employees with experience ranging from 8 years to 14 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 10 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 Territory Manager at Pramerica Life Insurance ?

To be a Territory Manager at Pramerica Life Insurance in india, the key skills required include:

- Team Handling
- Insurance Sales
- Corporate Sales
- Business Development
- Territory Management

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 Territory Manager in India?

Ageas Federal Life Insurance	₹8.4 Lakhs to ₹17.1 Lakhs per year
Liberty General Insurance	₹7.0 Lakhs to ₹15.0 Lakhs per year
Magma HDI General Insurance	₹5.5 Lakhs to ₹18.0 Lakhs per year
Aegon Life Insurance	₹8.3 Lakhs to ₹9.8 Lakhs per year
Cholamandalam MS General Insurance	₹4.6 Lakhs to ₹11.0 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 Territory Manager in companies similar to Pramerica Life Insurance in India?

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

MetLife	₹6.0 Lakhs to ₹8.7 Lakhs per year
Universal Sompo General Insurance	₹4.0 Lakhs to ₹13.5 Lakhs per year
Aviva Life Insurance India	₹5.4 Lakhs to ₹10.1 Lakhs per year
Edelweiss Life Insurance	₹4.8 Lakhs to ₹8.5 Lakhs per year
Bharti AXA Life Insurance	₹5.8 Lakhs to ₹7.5 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 Territory Manager at Pramerica Life Insurance in India?

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

Experience	Average Salary Range
8 years	₹5.8 Lakhs to ₹12.4 Lakhs per year
9 years	₹6.2 Lakhs to ₹7.9 Lakhs per year
10 years	₹2.8 Lakhs to ₹9.4 Lakhs per year
11 years	₹5.4 Lakhs to ₹12.4 Lakhs per year

and so on.

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Pramerica Life Insurance Territory Manager Salaries by Location

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Pramerica Life Insurance Territory Manager Salaries

Pramerica Life Insurance Territory Manager salary in India ranges between ₹5.4 Lakhs to ₹9.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Pramerica Life Insurance latest salaries received from various employees of Pramerica Life Insurance.

Pramerica Life Insurance Territory Manager salaries in India

Companies similar to Pramerica Life Insurance for Territory Manager

Latest annual salaries shared by Pramerica Life Insurance Territory Manager

Experience wise Pramerica Life Insurance Territory Manager salaries

Similar Designation salaries in Pramerica Life Insurance

Top skills at Pramerica Life Insurance for Territory Manager

Salary related reviews for Pramerica Life Insurance

Senior Sales Manager in Kolkata

Sales Manager

Relationship Manager in Ambala

Associate Sales Manager in Visakhapatnam

Renewal Executive in Ranchi

Pramerica Life Insurance Territory Manager Salary FAQs

Tell us how to improve this page.

Pramerica Life Insurance Territory Manager Salaries by Location