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General Insurance Territory Sales Manager salaries in India

Annual salary range
3 - 14 years exp.
₹2.2 Lakhs - ₹4.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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54% less than the average Territory Sales Manager Salary in Insurance Companies for 3 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Territory Sales Manager Salary
3 - 11 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹4.5 L/yr

Sales & Business Development
Territory Sales Manager Salary
13 - 14 years exp. (AmbitionBox Estimate)
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₹4.1 L/yr - ₹5 L/yr

Last Updated: 17 Dec 2023

Companies similar to General Insurance for Territory Sales Manager

Company name Avg Annual Salary Open Jobs
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₹5.3 L/yr - ₹13 L/yr

arrow icon 145% more
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₹4 L/yr - ₹7.2 L/yr

arrow icon 55% more
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₹2.5 L/yr - ₹5.8 L/yr

arrow icon 30% more
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₹4.1 L/yr - ₹6.6 L/yr

arrow icon 64% more
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Tata AIG Territory Sales Manager Salary

10 years exp. (AmbitionBox Estimate)

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₹5.8 L/yr - ₹7.4 L/yr

arrow icon 89% more
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₹4 L/yr - ₹10.8 L/yr

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₹3.8 L/yr - ₹11.3 L/yr

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34 job openings
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₹4.9 L/yr - ₹6 L/yr

arrow icon 53% more
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₹5 L/yr - ₹6.5 L/yr

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₹4.9 L/yr - ₹9 L/yr

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₹9.3 L/yr - ₹12.5 L/yr

arrow icon 227% more
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₹7 L/yr - ₹10 L/yr

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₹9 L/yr - ₹13.8 L/yr

arrow icon 290% more
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₹7.5 L/yr - ₹10 L/yr

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₹4.2 L/yr - ₹6 L/yr

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Territory Sales Manager salary at General Insurance ranges between ₹2.2 Lakhs to ₹4.5 Lakhs per year for employees with experience between 3 years to 14 years. Salary estimates are based on 5 latest salaries received from various employees of General Insurance.

Latest annual salaries shared by General Insurance Territory Sales Manager

1y ago
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14 years exp.
1y ago
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13 years exp.
1y ago
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11 years exp.
1y ago
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3 years exp.

Experience wise General Insurance Territory Sales Manager salaries

Last Updated: 17 Dec 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹1.2 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)

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

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₹2.8 L/yr - ₹3.6 L/yr
6 years (AmbitionBox Estimate)

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

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₹3 L/yr - ₹3.9 L/yr
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Similar Designation salaries in General Insurance

Senior Sales Manager Salary
(AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr
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₹5.05 L/yr - ₹8.9 L/yr
Assistant Sales Manager Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
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₹4 L/yr - ₹8.25 L/yr
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₹2 L/yr - ₹3.8 L/yr
Sales Manager Salary
(7 salaries)
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₹2.5 L/yr - ₹6 L/yr
Deputy Manager Salary
(4 salaries)
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₹3 L/yr - ₹9 L/yr
Area Manager Salary
(AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.5 L/yr
Cluster Manager Salary
(AmbitionBox Estimate)
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₹6.8 L/yr - ₹8.6 L/yr
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₹2.5 L/yr - ₹4.15 L/yr

Salary related reviews for General Insurance

Sales & Business Development Department

4.0
  •  posted on 22 Apr 2021

4.0
 for  Salary and Benefits

Likes

I have worked in general insurance and i have experience and feild working habituated.I have issues policy from TATA, Chola, Shriram, Bajaj,go digit , ICICI Lombard from welcom financial Pvt Ltd Kolkata.I have interested with general insurance company

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  • Salary - Good
    +6 more

Dislikes

Nathing special but claim settlement should be fast for the customer's

In industries --quality, production, in general insurance claims assess... Department

5.0
  •  posted on 20 Aug 2019

5.0
 for  Salary and Benefits

Likes

I am an expert in Motor claims of unlimited estimated loss. Carried out more than 11000 surveys so far. I like it and also delivered lectures in several national level seminars and work shops. I am honored to opine on the motor litigated and cases filed before the ombudsman for decision. I give my opinion on base of insurance laws and technicalities on the claims. I am also expert in pre insurance inspection /Risk Inspections also in Risk management of non motor insurance. I like the most above both jabs. I have deep knowledge of law and engineering/ technicality of the claims. I am very innovative with technology and laws and cooperative with the colleagues and do respect the bosses.

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  • Salary - Excellent
    +6 more

Dislikes

i like this industry. as my job is dependent on insurers so, some time i face deputation problem.

BFSI, Investments & Trading Department

5.0
  •  posted on 16 Jul 2018

5.0
 for  Salary and Benefits

Likes

When Insurance industry was opened for for private participation in 2004, it was projected by market leaders that the existing public sector general insurance [PSGI] will be doomed in five years. Alas, that it was not to be. Even now the PSGI compnies hold more than 50% of Market Share of General Insurance Premium and is growing steadily and are making the Pvt. Sector Insurance companies run for their money. Unlike Life insurance where investments are made for long term, the general insurance contracts are annual in nature, yet the public confidence is still with PSGI companies. There can be delay but there won't be deny in case of any major catastrophe. Ofcourse, the PSGI companies have to be more customer friendly when it comes to hassle free acceptance of premium as well as settlement of claims by using the latest advanced automation/digitilaisation.

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  • Salary - Excellent
    +6 more

Dislikes

At times it may be frustrating for the really competent persons as out of turn recognition / elevation is not possible, as well as tougher industrial relations -- because of the undue advantage taken by certain undeserving elements taking protection under the prrevailing reservation system.

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General Insurance Territory Sales Manager Salary FAQs

What is the salary of Territory Sales Manager at General Insurance?
Territory Sales Manager salary at General Insurance in India ranges between ₹2.2 Lakhs to ₹4.5 Lakhs for experience between 3 years to 14 years. According to our estimates it is 54% less than the average Territory Sales Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of General Insurance India.
How does the salary of a Territory Sales Manager at General Insurance India compare with the average salary range for this job?
The average salary of a Territory Sales Manager at General Insurance is 54% less than the average salary of a Territory Sales Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than General Insurance to a Territory Sales Manager in India?
  • Star Health & Allied Insurance Territory Sales Manager Salary - ₹9.0 Lakhs to ₹13.8 Lakhs per year
  • Aditya Birla Health Insurance Co Territory Sales Manager Salary - ₹9.3 Lakhs to ₹12.5 Lakhs per year
  • ICICI Lombard General Insurance Company Territory Sales Manager Salary - ₹5.3 Lakhs to ₹13.0 Lakhs per year
  • Niva Bupa Health Insurance Company Territory Sales Manager Salary - ₹7.5 Lakhs to ₹10.0 Lakhs per year
  • Tata AIA Life Insurance Territory Sales Manager Salary - ₹3.8 Lakhs to ₹11.3 Lakhs per year
What is the salary of a Territory Sales Manager in companies similar to General Insurance in India?
  • Aditya Birla Sun Life Insurance Territory Sales Manager Salary - ₹7.0 Lakhs to ₹10.0 Lakhs per year
  • SBI General Insurance Territory Sales Manager Salary - ₹4.0 Lakhs to ₹10.8 Lakhs per year
  • Bajaj Allianz Life Insurance Territory Sales Manager Salary - ₹4.9 Lakhs to ₹9.0 Lakhs per year
  • Tata AIG Territory Sales Manager Salary - ₹5.8 Lakhs to ₹7.4 Lakhs per year
  • Reliance General Insurance Territory Sales Manager Salary - ₹4.1 Lakhs to ₹6.6 Lakhs per year
What is the estimated take home salary of a Territory Sales Manager at General Insurance in India?
The estimated take-home salary of a Territory Sales Manager at General Insurance ranges between ₹25,626 per month to ₹27,055 per month in India. The take-home salary calculation is based on the average General Insurance Territory Sales Manager salary in India which ranges between ₹2.2 Lakhs to ₹4.5 Lakhs per year for employees with experience between 3 years to 14 years. Check how did we calculate take home salary?
What is the notice period for Territory Sales Manager at General Insurance?
According to AmbitionBox, 100% of the General Insurance Territory Sales Managers reported a notice period of 15 days or less.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

General Insurance Territory Sales Manager salary in India ranges between ₹2.2 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 General Insurance latest salaries received from various employees of General Insurance.