Monthly In-hand Salary
53% less than the average Territory Manager Salary in Insurance Companies for 2 - 13 years of experience
Interested in this particular role?
Salaries in different departments
BFSI, Investments & Trading
Territory Manager Salary
2 - 13
years
exp.
(25
salaries)
|  ₹2.4 L/yr - ₹5.4 L/yr |
Customer Success, Service & Operations
Territory Manager Salary
2 - 6
years
exp.
(AmbitionBox Estimate)
| ₹0.8 L/yr - ₹3.6 L/yr |
Login to view exact salary
| |
Sales & Business Development
Territory Manager Salary
7
years
exp.
(AmbitionBox Estimate)
| ₹4.8 L/yr - ₹7.7 L/yr |
Companies similar to Mahindra Insurance Brokers 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 
93%
more | |
 Aviva Life Insurance India Territory Manager Salary
5 - 14 years exp. (56 salaries) | ₹5.4 L/yr - ₹10.1 L/yr
101%
more | 1 job opening |
Login to view exact salary
| ||
 Cholamandalam MS General Insurance Territory Manager Salary
10 - 15 years exp. (48 salaries) | ₹4.6 L/yr - ₹11 L/yr
122%
more | |
 Liberty General Insurance Territory Manager Salary
10 - 18 years exp. (42 salaries) | ₹7 L/yr - ₹15 L/yr
227%
more | |
 Royal Sundaram General Insurance Territory Manager Salary
3 - 16 years exp. (35 salaries) | ₹3.7 L/yr - ₹7.2 L/yr
43%
more | |
 Ageas Federal Life Insurance Territory Manager Salary
8 - 18 years exp. (22 salaries) | ₹8.4 L/yr - ₹17.1 L/yr
261%
more | 1 job opening |
 Pramerica Life Insurance Territory Manager Salary
8 - 14 years exp. (10 salaries) | ₹5.4 L/yr - ₹9.4 L/yr
95%
more | |
 Magma HDI General Insurance Territory Manager Salary
9 - 17 years exp. (5 salaries) | ₹5.5 L/yr - ₹18 L/yr
226%
more | |
 MetLife Territory Manager Salary
7 - 14 years exp. (4 salaries) | ₹6 L/yr - ₹8.7 L/yr
110%
more | |
 Aegon Life Insurance Territory Manager Salary
6 - 15 years exp. (4 salaries) | ₹8.3 L/yr - ₹9.8 L/yr
159%
more | |
 Allianz Partners Territory Manager Salary
4 - 6 years exp. (3 salaries) | ₹4 L/yr - ₹4.1 L/yr
14%
more | |
Login to view exact salary
| ||
 Bharti AXA Life Insurance Territory Manager Salary
5 - 10 years exp. (3 salaries) | ₹5.8 L/yr - ₹7.5 L/yr
91%
more | |
 ManipalCigna Health Insurance Territory Manager Salary
10 - 15 years exp. (3 salaries) | ₹3.6 L/yr - ₹6 L/yr
28%
more | |
 Shriram General Insurance Territory Manager Salary
11 - 17 years exp. (3 salaries) | ₹3.1 L/yr - ₹9.5 L/yr
71%
more | |
 Universal Sompo General Insurance Territory Manager Salary
3 - 14 years exp. (3 salaries) | ₹4 L/yr - ₹13.5 L/yr
106%
more | |
Latest annual salaries shared by Mahindra Insurance Brokers Territory Manager
Experience wise Mahindra Insurance Brokers Territory Manager salaries
Last Updated: 20 Dec 2023
| Experience | Avg Annual Salary |
|---|---|
| 2 years (AmbitionBox Estimate) |
₹2.4
L/yr
- ₹5.5
L/yr
|
| 3 years (AmbitionBox Estimate) |
₹2.8
L/yr
- ₹3.6
L/yr
|
Login to view exact salary
| |
| 4 years (AmbitionBox Estimate) |
₹2.4
L/yr
- ₹5.8
L/yr
|
| 5 years (4 salaries) |
₹2.5
L/yr
- ₹3.6
L/yr
|
| 6 years (7 salaries) |
₹2.5
L/yr
- ₹4.1
L/yr
|
From
To
Territory Manager
2 - 13 years exp.
Area Manager
6 - 14 years exp.
From
To
Territory Manager
2 - 13 years exp.
Senior Territory Manager
5 - 13 years exp.
Similar Designation salaries in Mahindra Insurance Brokers
Salary related reviews for Mahindra Insurance Brokers
Discover interview dos and don'ts from real experiences
Top trending discussions
Mahindra Insurance Brokers Territory Manager Salary FAQs
The top 10% of Territory Manager at Mahindra Insurance Brokers earn more than ₹4.8 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. Territory Manager Salaries at Mahindra Insurance Brokers 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 30+ Mahindra Insurance Brokers employees 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 Mahindra Insurance Brokers, depending on the role and experience level.
| 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 |
| Pramerica Life Insurance | ₹5.4 Lakhs to ₹9.4 Lakhs per year |
| Edelweiss Life Insurance | ₹4.8 Lakhs to ₹8.5 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.
| Experience | Average Salary Range |
|---|---|
| 2 years | ₹2.4 Lakhs to ₹5.5 Lakhs per year |
| 3 years | ₹2.8 Lakhs to ₹3.6 Lakhs per year |
| 4 years | ₹2.4 Lakhs to ₹5.8 Lakhs per year |
| 5 years | ₹2.5 Lakhs to ₹3.6 Lakhs per year |
Tell us how to improve this page.
Mahindra Insurance Brokers Territory Manager Salaries by Location
- Mahindra Insurance Brokers Territory Manager salaries in Agra
- Mahindra Insurance Brokers Territory Manager salaries in Faizabad
- Mahindra Insurance Brokers Territory Manager salaries in Bhagalpur
- Mahindra Insurance Brokers Territory Manager salaries in Bilaspur
- Mahindra Insurance Brokers Territory Manager salaries in Baramati
- Show more
- Home >
- Salaries >
- Mahindra Insurance Brokers Salaries >
- Mahindra Insurance Brokers Territory Manager Salaries
Mahindra Insurance Brokers Territory Manager salary
in
India
ranges between ₹2.4
Lakhs to ₹4.8
Lakhs with an average annual salary of
₹. Salary estimates are based on
35
Mahindra Insurance Brokers latest salaries received from various employees of
Mahindra Insurance Brokers.