Raheja Qbe General Insurance Territory Manager Salaries by 4 Employees

6 - 12 years exp.

₹10.9 Lakhs - ₹18 Lakhs

Salary of majority employees

82% more than the average Territory Manager Salary in Insurance Companies for 6 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Territory Manager Salary 6 - 9 years exp. (AmbitionBox Estimate)	₹10.9 L/yr - ₹12.5 L/yr
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Sales & Business Development Territory Manager Salary 7 - 12 years exp. (AmbitionBox Estimate)	₹13.2 L/yr - ₹18 L/yr

Last Updated: 21 Jan 2024

Companies similar to Raheja Qbe General Insurance for Territory Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz General Insurance Territory Manager Salary 2 - 14 years exp. (285 salaries)	₹2.6 L/yr - ₹8 L/yr 61% less
PNB MetLife Territory Manager Salary 4 - 17 years exp. (270 salaries)	₹4.3 L/yr - ₹10.3 L/yr 45% less	6 job openings
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Bajaj Allianz Life Insurance Territory Manager Salary 4 - 20 years exp. (233 salaries)	₹3.7 L/yr - ₹9.1 L/yr 53% less	2 job openings
Star Union Dai-ichi Life Insurance Territory Manager Salary 5 - 14 years exp. (171 salaries)	₹4.4 L/yr - ₹11.1 L/yr 50% less
HDFC Life Territory Manager Salary 9 - 20 years exp. (150 salaries)	₹11.3 L/yr - ₹21 L/yr 8% more
Reliance Nippon Life Insurance Territory Manager Salary 5 - 17 years exp. (100 salaries)	₹4 L/yr - ₹12 L/yr 48% less
SBI Life Insurance Company Territory Manager Salary 4 - 15 years exp. (100 salaries)	₹4 L/yr - ₹7 L/yr 61% less
Tata AIA Life Insurance Territory Manager Salary 5 - 14 years exp. (75 salaries)	₹5.2 L/yr - ₹10.5 L/yr 43% less	2 job openings
Cholamandalam MS General Insurance Territory Manager Salary 10 - 15 years exp. (48 salaries)	₹4.6 L/yr - ₹11 L/yr 42% less
Niva Bupa Health Insurance Company Territory Manager Salary 9 - 17 years exp. (43 salaries)	₹5 L/yr - ₹12.2 L/yr 40% less
ICICI Lombard General Insurance Company Territory Manager Salary 1 - 15 years exp. (42 salaries)	₹5.6 L/yr - ₹14 L/yr 33% less
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Star Health & Allied Insurance Territory Manager Salary 10 - 20 years exp. (42 salaries)	₹7.2 L/yr - ₹17 L/yr 2% less
Reliance General Insurance Territory Manager Salary 8 - 20 years exp. (40 salaries)	₹6.5 L/yr - ₹13 L/yr 27% less
Axis Max Life Insurance Territory Manager Salary 10 - 18 years exp. (39 salaries)	₹7.5 L/yr - ₹19 L/yr 2% less
Canara HSBC Life Insurance Territory Manager Salary 5 - 14 years exp. (31 salaries)	₹4.5 L/yr - ₹8.1 L/yr 51% less
HDFC Ergo General Insurance Territory Manager Salary 5 - 18 years exp. (18 salaries)	₹4 L/yr - ₹10 L/yr 49% less
Aditya Birla Sun Life Insurance Territory Manager Salary 2 - 13 years exp. (11 salaries)	₹6 L/yr - ₹9 L/yr 50% less
ICICI Prudential Life Insurance Territory Manager Salary 7 - 9 years exp. (4 salaries)	₹5.5 L/yr - ₹6.2 L/yr 58% less
MetLife Territory Manager Salary 7 - 14 years exp. (4 salaries)	₹6 L/yr - ₹8.7 L/yr 46% less
SBI General Insurance Territory Manager Salary 16 - 20 years exp. (4 salaries)	₹5.2 L/yr - ₹9.3 L/yr 54% less

View all

Territory Manager salary at Raheja Qbe General Insurance ranges between ₹10.9 Lakhs to ₹18 Lakhs per year for employees with experience between 6 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Raheja Qbe General Insurance.

Experience wise Raheja Qbe General Insurance Territory Manager salaries

Last Updated: 21 Jan 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹12.6 L/yr
7 years (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.7 L/yr
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9 years (AmbitionBox Estimate)	₹11.3 L/yr - ₹14.4 L/yr
12 years (AmbitionBox Estimate)	₹11.9 L/yr - ₹15.2 L/yr

Similar Designation salaries in Raheja Qbe General Insurance

Territory Sales Manager Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Deputy Manager Salary

(17 salaries)

₹5.3 L/yr - ₹9.68 L/yr

Area Manager Salary

(4 salaries)

₹13 L/yr - ₹18.3 L/yr

Area Sales Manager Salary

(3 salaries)

₹18.3 L/yr - ₹19 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Team Lead Salary

(4 salaries)

₹4 L/yr - ₹15 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Salary related reviews for Raheja Qbe General Insurance

5.0

Rated by 1 employees for salary & benefits

Sales Associate in Solan

Full Time

Sales & Business Development Department

4.0

• posted on 21 Mar 2025

3.0

for Salary and Benefits

Likes

I enjoy working at Raheja Qbe general insurance because it provides me to build a strong network and contributes to the company growth. The role allows me to develop my sales and leadership skill while helping people securing their financial future through insurance.

Job security - Good

+2 more

Dislikes

There are few challenges in working at Raheja Qbe. Since the company is still new, building brand recognition and convincing agents to join can be difficult. Recruiting the right agents and ensuring consistent business generation also required significant efforts and persistence. Additional, as with a sales driven role, meeting targets and handling client objections can be stressful at times. However, theses challenges also present opportunities for growth and learning

Zonal Head in Noida

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 15 May 2023

1.0

for Salary and Benefits

Likes

Pathetic experience and no clarity of goals. Top management is always busy in dirty politics.

Dislikes

Pathetic experience, work culture and job security. Zero clarity on goals and big communication gap among top management staffs.

Salary - Bad

+6 more

Regional Head - Motor, Agency, Retail Broking (AP & Telangana) in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 30 Sep 2024

5.0

for Salary and Benefits

Likes

Initially they have given all the support for business later on decided to stop

Salary - Excellent

+1 more

Dislikes

No job security. Most of the employees were asked to resign with 3 months salary or notice period. Company is not ready to infuse working capital for day to day business. No long term plans.

Job security - Bad

+1 more

IT Chief Manager in Mumbai

Full Time

IT & Information Security Department

1.0

• posted on 11 Sep 2023

3.0

for Salary and Benefits

Likes

Company fosters a collaborative. The team is supportive and upper management is approachable.

Work-life balance - Good

Dislikes

One significant concern at company is the lack of job security. There were mass layoffs and restructuring.This made it challenging to plan for the future and impacted morale.Job seekers to be aware of the potential risks associated with Raheja QBE.

Job security - Bad

+1 more

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Raheja Qbe General Insurance Territory Manager Salary FAQs

What is the salary of Territory Manager at Raheja Qbe General Insurance ?

The average salary of a Territory Manager at Raheja Qbe General Insurance in India typically ranges from ₹10.9 Lakhs to ₹18.0 Lakhs per year, depending on experience (from 6 years to 12 years).

The top 10% of Territory Manager at Raheja Qbe General Insurance earn more than ₹18.0 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. Territory Manager Salaries at Raheja Qbe General 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 4 Raheja Qbe General Insurance employees in India.

What is the estimated take home salary of a Territory Manager at Raheja Qbe General Insurance in India?

The estimated take-home salary of a Territory Manager at Raheja Qbe General Insurance in India typically ranges from ₹95,674 to ₹98,256 per month. This is based on the average salary range of ₹10.9 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from 6 years to 12 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 4 salaries received from various employees of Raheja Qbe General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Raheja Qbe General Insurance for Territory Manager in India?

HDFC Life

₹11.3 Lakhs to ₹21.0 Lakhs per year

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

What is the salary of a Territory Manager in companies similar to Raheja Qbe General Insurance in India?

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

Axis Max Life Insurance	₹7.5 Lakhs to ₹19.0 Lakhs per year
Star Health & Allied Insurance	₹7.2 Lakhs to ₹17.0 Lakhs per year
Reliance General Insurance	₹6.5 Lakhs to ₹13.0 Lakhs per year
ICICI Lombard General Insurance Company	₹5.6 Lakhs to ₹14.0 Lakhs per year
Niva Bupa Health Insurance Company	₹5.0 Lakhs to ₹12.2 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 Territory Manager at Raheja Qbe General Insurance in India?

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

Experience	Average Salary Range
6 years	₹9.8 Lakhs to ₹12.6 Lakhs per year
7 years	₹16.2 Lakhs to ₹20.7 Lakhs per year
9 years	₹11.3 Lakhs to ₹14.4 Lakhs per year
12 years	₹11.9 Lakhs to ₹15.2 Lakhs per year

and so on.

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Raheja Qbe General Insurance Territory Manager Salaries

Raheja Qbe General Insurance Territory Manager salary in India ranges between ₹10.9 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Raheja Qbe General Insurance latest salaries received from various employees of Raheja Qbe General Insurance.