Edelweiss Life Insurance Senior Territory Manager Salaries by 7 Employees

12 - 18 years exp.

₹6.5 Lakhs - ₹9.5 Lakhs

Low Confidence

Salary of majority employees

7% less than the average Senior Territory Manager Salary in Insurance Companies for 12 - 18 years of experience

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Salaries in different departments

Sales & Business Development Senior Territory Manager Salary 12 - 18 years exp. (3 salaries)	₹8 L/yr - ₹9.5 L/yr
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BFSI, Investments & Trading Senior Territory Manager Salary 14 - 15 years exp. (AmbitionBox Estimate)	₹7 L/yr - ₹9.3 L/yr

Last Updated: 23 Jul 2024

Companies similar to Edelweiss Life Insurance for Senior Territory Manager

Company name	Avg Annual Salary	Open Jobs
Magma HDI General Insurance Senior Territory Manager Salary 6 - 14 years exp. (13 salaries)	₹5.5 L/yr - ₹7.2 L/yr 16% less
Aegon Life Insurance Senior Territory Manager Salary 7 - 9 years exp. (3 salaries)	₹7.5 L/yr - ₹10.8 L/yr 12% more
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USHA International Senior Territory Manager Salary 6 - 17 years exp. (185 salaries)	₹3.9 L/yr - ₹10.1 L/yr 13% less
Reliance Nippon Life Insurance Senior Territory Manager Salary 9 - 22 years exp. (165 salaries)	₹6.3 L/yr - ₹14 L/yr 27% more
Sonalika Tractors Senior Territory Manager Salary 4 - 10 years exp. (148 salaries)	₹5.1 L/yr - ₹10.2 L/yr 2% less

Senior Territory Manager salary at Edelweiss Life Insurance ranges between ₹6.5 Lakhs to ₹9.5 Lakhs per year for employees with experience between 12 years to 18 years. Salary estimates are based on 7 latest salaries received from various employees of Edelweiss Life Insurance.

Experience wise Edelweiss Life Insurance Senior Territory Manager salaries

Last Updated: 23 Jul 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.9 L/yr
13 years (AmbitionBox Estimate)	₹7 L/yr - ₹9 L/yr
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14 years (3 salaries)	₹7 L/yr - ₹8.5 L/yr
15+ years (3 salaries)	₹6.5 L/yr - ₹9.5 L/yr

Similar Designation salaries in Edelweiss Life Insurance

Territory Manager Salary

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₹4.8 L/yr - ₹8.5 L/yr

Senior Sales Manager Salary

(6 salaries)

₹3.6 L/yr - ₹5.5 L/yr

Senior Area Sales Manager Salary

(AmbitionBox Estimate)

₹16.2 L/yr - ₹20.7 L/yr

Regional Manager Salary

(7 salaries)

₹8 L/yr - ₹29 L/yr

Territory Sales Manager Salary

(3 salaries)

₹6 L/yr - ₹7 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Senior Sales Officer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Area Sales Manager Salary

(6 salaries)

₹9 L/yr - ₹13.5 L/yr

Area Manager Salary

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₹10 L/yr - ₹16.7 L/yr

Cluster Manager Salary

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₹6.6 L/yr - ₹13 L/yr

Salary related reviews for Edelweiss Life Insurance

4.3

Rated by 2 employees for salary & benefits

Territory Manager in Tiruchirappalli

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 30 Dec 2022

5.0

for Salary and Benefits

Likes

On time salary. Friendly environment. Good office set up. Excellent customer service. Good ethics on all parameters.

Salary - Excellent

+5 more

Dislikes

No training and development on career point of views and work related training Updation

Housekeeping Supervisor in Chennai

Full Time

Food, Beverage & Hospitality Department

2.0

• posted on 11 Sep 2023

3.0

for Salary and Benefits

Likes

function time there provide foods for all staff's

Skill development - Good

Dislikes

salary is very low. there didn't increase. 4 years am working but my salary 8000 only. thats why i resign my job. qm waiting more than 4 month for my pension .still there didn't provide my pension amount and experience amount....

Job security - Bad

+2 more

Branch Operation Executive in New Delhi

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 24 Aug 2023

2.0

for Salary and Benefits

Likes

...abt com. 1st Three hears was good, but after covid company behaving like weird. No hike No proposion No increment Branch counter guy sent for premium collection like recovery officer.

Skill development - Good

+1 more

Dislikes

No balance in professional n personal. No time limit. Hr's are just show piese for other than sales recruitment. Only sales oriented company, which is good for company but not for employees.

Salary - Poor

+3 more

Branch Operation Executive in Varanasi

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 25 Jun 2020

3.0

for Salary and Benefits

Likes

There are supportive senior boss. In covid19 salary not break it's release every last day of month. All work perform work from home.

Promotions - Good

Dislikes

There are job role branch operations executive but still add some extra profile like calling to customer, collect renuwal like target based.

Trainer in Gorakhpur

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 28 Apr 2022

3.0

for Salary and Benefits

Likes

Good work environment and culture. Company policies are good, appraisala are fair and they give good .

Skill development - Excellent

+2 more

Dislikes

Salary is decent but career growth is slow There is a bond of 2years before which you cannot resign.

Promotions - Poor

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Shifting from Bangalore to Hyderabad

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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Edelweiss Life Insurance Senior Territory Manager Salary FAQs

What is the salary of Senior Territory Manager at Edelweiss Life Insurance ?

The average salary of a Senior Territory Manager at Edelweiss Life Insurance in India typically ranges from ₹6.5 Lakhs to ₹9.5 Lakhs per year, depending on experience (from 12 years to 18 years).

The top 10% of Senior Territory Manager at Edelweiss Life Insurance earn more than ₹9.5 Lakhs per year, and the top 1% earn over ₹9.5 Lakhs per year. Senior Territory Manager Salaries at Edelweiss 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 7 Edelweiss Life Insurance employees in India.

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

The estimated take-home salary of a Senior Territory Manager at Edelweiss Life Insurance in India typically ranges from ₹59,347 to ₹60,846 per month. This is based on the average salary range of ₹6.5 Lakhs to ₹9.5 Lakhs per year for employees with experience ranging from 12 years to 18 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 7 salaries received from various employees of Edelweiss Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Edelweiss Life Insurance for Senior Territory Manager in India?

Reliance Nippon Life Insurance	₹6.3 Lakhs to ₹14.0 Lakhs per year
Aegon Life Insurance	₹7.5 Lakhs to ₹10.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Edelweiss Life Insurance, depending on the role and experience level.

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

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

Sonalika Tractors	₹5.1 Lakhs to ₹10.2 Lakhs per year
USHA International	₹3.9 Lakhs to ₹10.1 Lakhs per year
Magma HDI General Insurance	₹5.5 Lakhs to ₹7.2 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 Senior Territory Manager at Edelweiss Life Insurance in India?

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

Experience	Average Salary Range
12 years	₹6.9 Lakhs to ₹8.9 Lakhs per year
13 years	₹7.0 Lakhs to ₹9.0 Lakhs per year
14 years	₹7.0 Lakhs to ₹8.5 Lakhs per year
15 years	₹6.5 Lakhs to ₹9.5 Lakhs per year

and so on.

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Edelweiss Life Insurance Senior Territory Manager Salaries

Edelweiss Life Insurance Senior Territory Manager salary in India ranges between ₹6.5 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Edelweiss Life Insurance latest salaries received from various employees of Edelweiss Life Insurance.