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Policyboss.com Relationship Manager salaries in Bangalore / Bengaluru

Annual salary range
0 - 5 years exp.
₹2 Lakhs - ₹4.5 Lakhs
Salary of majority employees
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42% less than the average Relationship Manager Salary in Insurance Companies for 0 - 5 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Sales & Business Development
Relationship Manager Salary
0 - 4 years exp. (6 salaries)
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₹2.2 L/yr - ₹4.2 L/yr

BFSI, Investments & Trading
Relationship Manager Salary
2 - 4 years exp. (3 salaries)
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₹2.5 L/yr - ₹4.5 L/yr

Customer Success, Service & Operations
Relationship Manager Salary
0 - 1 year exp. (AmbitionBox Estimate)
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₹2.4 L/yr - ₹4.2 L/yr

Last Updated: 1 Nov 2024

Companies similar to Policyboss.com for Relationship Manager in Bangalore / Bengaluru

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Policyboss.com Relationship Manager Salary

0 - 5 years exp. (15 salaries)

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₹2 L/yr - ₹4.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹3 L/yr - ₹5.4 L/yr

arrow icon 25% more
1 job opening
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₹2.3 L/yr - ₹5.9 L/yr

arrow icon 19% more
12 job openings
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₹2.9 L/yr - ₹4.2 L/yr

arrow icon 24% more
1 job opening
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₹2.8 L/yr - ₹3.8 L/yr

arrow icon 8% more
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₹2.5 L/yr - ₹6.5 L/yr

arrow icon 51% more
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₹2.5 L/yr - ₹5 L/yr

arrow icon 32% more
9 job openings
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₹3.2 L/yr - ₹4.5 L/yr

arrow icon 16% more
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₹4.9 L/yr - ₹6.5 L/yr

arrow icon 87% more
3 job openings
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₹3.8 L/yr - ₹5.1 L/yr

arrow icon 44% more
Relationship Manager salary at Policyboss.com ranges between ₹2 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 15 latest salaries received from various employees of Policyboss.com.

Latest annual salaries shared by Policyboss.com Relationship Manager in Bangalore / Bengaluru

4mo ago
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1 month exp.
5mo ago
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1 year exp.

Experience wise Policyboss.com Relationship Manager salaries in Bangalore / Bengaluru

Last Updated: 1 Nov 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.6 L/yr
1 year (AmbitionBox Estimate)

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

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₹2.8 L/yr - ₹3.6 L/yr
3 years  (4 salaries)

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₹2.2 L/yr - ₹4.5 L/yr
4 years  (4 salaries)

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₹2 L/yr - ₹4.2 L/yr
View all

Top skills at Policyboss.com for Relationship Manager

Motor Insurance Relationship Management Health Insurance Life Insurance Agency Channel Agency Sales General Insurance Life Insurance Motor Insurance agency development Agency Sales Health Insurance Insurance Insurance Sales B2B Sales

Salary related reviews for Policyboss.com

1.7

Rated by 4 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 14 Jul 2024

3.0
 for  Salary and Benefits

Likes

If you are a field Relationship Manager and you have recruited some good POSPs for your monthly Targets you will not face any pressure and easily do work from home

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Dislikes

1. Their technical issue tarriable they provides Insta Pay feature for agent business. but in some cases from my side my agent faced too much issue on LCV they showed Commission but while payment deducted transaction failed than took 7 days to received the policy also payout for that policy not recieved properly. 2. In Other sources Agent doesn't have to pay any fees for getting certified for POSP in this company agent will have to pay onboarding fees of 999 or they will deducted 5,10 Rs from every policy they issues. 3. Their Upper level management team they ignores agent concerns . 4. There is also payout releted issues and this issue will be a challenge to achieve your monthly target. 5. Their portal has some issues like if you select vehicle with correct CC it will issued with different CC in some cases

read more
  • Skill development - Poor
  • +4 more

Other Department

1.0
  •  posted on 25 Sep 2021

1.0
 for  Salary and Benefits

Likes

Worst company ever I recently switched this company they guys can never give you proper salary .aur deduct ho bhi aur puchoge toh ultra sidhi chije bolege . t.l manager sirf na am ke h . They guys can never support you team me bhi negativity ha itni . Sbse Worst company h grib yha pr agents bhi sb preshaan h derives se 2 floor ki ye company ek for par aagye kyuki inke pass shifting ke bhi pese the mujhe abhi pta chal ra h Mera fnf ND salary isliye kaati hogi . Iss company me jesa Kiya ha mere sath MN toh bhot legal case krdu. Bhot bekaar company h guys join Mt krna.

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Dislikes

Management is 3rd class .

  • Salary - Bad
  • +6 more

Other Department

1.0
  •  posted on 09 Apr 2021

1.0
 for  Salary and Benefits

Likes

Third class company in market no job security of employee too much deduction in salary and Incentive poor facility

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Dislikes

Cheap and third class facility Not give employee incentive after completing notice period

  • Salary - Bad
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 09 Jul 2023

1.0
 for  Salary and Benefits

Likes

Worst company ever .Management is not good fraud. Never recommended for others They are not providing salary to their employee after the business completed .full one month employee come to office daily and company not give salary. unprofessional specially managers don't have Manners,how to talk to ladies.Adil Khan and Hasan baig dont have leader quality they don't have Manners worst people ever.First team leader forces to update fake business, later executive gets fired without salary job And when the executive speaks to the above manager, then Pankaj sir speaks in the wrong language by speaking from their side.

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Dislikes

Worst company ever .Management is not good fraud. Never recommended for others They are not providing salary to their employee after the business completed .full one month employee come to office daily and company not give salary. unprofessional specially managers don't have Manners,how to talk to ladies.Adil Khan and Hasan baig dont have leader quality they don't have Manners worst people ever.First team leader forces to update fake business, later executive gets fired without salary job And when the executive speaks to the above manager, then Pankaj sir speaks in the wrong language by speaking from their side.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Human Resources Department

1.0
  •  posted on 09 Mar 2023

1.0
 for  Salary and Benefits

Likes

Nothing is good, all works are no time limits and salary exploitation. It's a total hell- hole.

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Dislikes

Poor staff members, pathetic and rude management, untrustworthy managers, untrustworthy and rude HR manager, poor quality service, obnoxious, degrading and ruthless service, poor working conditions, staffs are obnoxious towards employees and customers, no communication services, poor communication skills, no empathy people, no sympathy, no kindness, no honesty, just fooling employees and customers. So be careful customers it is a total spam and scam company. Thanks.

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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Policyboss.com Relationship Manager Salary FAQs

What is the salary of Relationship Manager at Policyboss.com in Bangalore / Bengaluru?
The average salary of a Relationship Manager at Policyboss.com in Bangalore / Bengaluru typically ranges from ₹2.0 Lakhs to ₹4.5 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Relationship Manager in Bangalore / Bengaluru at Policyboss.com earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Relationship Manager Salaries at Policyboss.com 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+ Policyboss.com employees in India.
What is the estimated take home salary of a Relationship Manager at Policyboss.com in Bangalore / Bengaluru?
The estimated take-home salary of a Relationship Manager at Policyboss.com in Bangalore / Bengaluru typically ranges from ₹22,608 to ₹24,083 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from Fresher to 5 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 Policyboss.com. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Relationship Manager at Policyboss.com in Bangalore / Bengaluru?
To be a Relationship Manager at Policyboss.com in Bangalore / Bengaluru, the key skills required include:

  • - Motor Insurance
  • - Relationship Management
  • - Health Insurance
  • - Life Insurance
  • - Agency Channel

These skills are highly valued at Policyboss.com and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Policyboss.com for Relationship Manager in India?
Liberty General Insurance ₹4.9 Lakhs to ₹6.5 Lakhs per year
Aditya Birla Health Insurance Co ₹2.5 Lakhs to ₹6.5 Lakhs per year
Cholamandalam MS General Insurance ₹3.8 Lakhs to ₹5.1 Lakhs per year
Universal Sompo General Insurance ₹2.5 Lakhs to ₹5.0 Lakhs per year
Bharti AXA Life Insurance ₹3.0 Lakhs to ₹5.4 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Policyboss.com, depending on the role and experience level.
What is the salary of a Relationship Manager in companies similar to Policyboss.com in Bangalore / Bengaluru?
The salary of a Relationship Manager at companies similar to Policyboss.com in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Ageas Federal Life Insurance ₹2.9 Lakhs to ₹4.2 Lakhs per year
Edelweiss Life Insurance ₹2.3 Lakhs to ₹5.9 Lakhs per year
ManipalCigna Health Insurance ₹3.2 Lakhs to ₹4.5 Lakhs per year
Aegon Life Insurance ₹2.8 Lakhs to ₹3.8 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 Relationship Manager at Policyboss.com in Bangalore / Bengaluru?
The salary growth for a Relationship Manager at Policyboss.com in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Relationship Manager in Bangalore / Bengaluru can expect the following growth trajectory at Policyboss.com:

Experience Average Salary Range
Fresher ₹2.8 Lakhs to ₹3.6 Lakhs per year
1 year ₹2.8 Lakhs to ₹3.6 Lakhs per year
2 years ₹2.8 Lakhs to ₹3.6 Lakhs per year
3 years ₹2.2 Lakhs to ₹4.5 Lakhs per year
and so on.

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Policyboss.com Relationship Manager salary in Bangalore / Bengaluru ranges between ₹2 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 15 Policyboss.com latest salaries received from various employees of Policyboss.com.