Reliance General Insurance Sales Manager 1 Salaries by 4 Employees

5 - 10 years exp.

₹5.4 Lakhs - ₹7.8 Lakhs

Low Confidence

Salary of majority employees

5% more than the average Sales Manager 1 Salary in Insurance Companies for 5 - 10 years of experience

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Last Updated: 27 Jan 2024

Companies similar to Reliance General Insurance for Sales Manager 1

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Sales Manager 1 Salary 1 - 8 years exp. (27 salaries)	₹5 L/yr - ₹9.5 L/yr 29% more
ICICI Lombard General Insurance Company Sales Manager 1 Salary 4 - 12 years exp. (12 salaries)	₹3.8 L/yr - ₹7 L/yr 6% more
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HDFC Life Sales Manager 1 Salary 3 - 8 years exp. (10 salaries)	₹3 L/yr - ₹6.3 L/yr 16% less
Aditya Birla Sun Life Insurance Sales Manager 1 Salary 5 - 11 years exp. (7 salaries)	₹4 L/yr - ₹8.5 L/yr 23% more
Tata AIG Sales Manager 1 Salary 4 - 7 years exp. (6 salaries)	₹1.2 L/yr - ₹7.6 L/yr 29% less
Tata AIA Life Insurance Sales Manager 1 Salary 3 - 9 years exp. (4 salaries)	₹4.5 L/yr - ₹6 L/yr 3% less
Shriram Life Insurance Sales Manager 1 Salary 3 - 5 years exp. (4 salaries)	₹2.1 L/yr - ₹2.4 L/yr 60% less
Canara HSBC Life Insurance Sales Manager 1 Salary 4 - 15 years exp. (4 salaries)	₹3 L/yr - ₹8 L/yr 18% less
Bajaj Allianz Life Insurance Sales Manager 1 Salary 3 - 6 years exp. (4 salaries)	₹2.4 L/yr - ₹3.6 L/yr 43% less
PNB MetLife Sales Manager 1 Salary 1 - 8 years exp. (4 salaries)	₹3 L/yr - ₹5 L/yr 27% less
Reliance Nippon Life Insurance Sales Manager 1 Salary 2 - 4 years exp. (3 salaries)	₹4.3 L/yr - ₹5.5 L/yr 12% less
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Sales Manager 1 salary at Reliance General Insurance ranges between ₹5.4 Lakhs to ₹7.8 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Reliance General Insurance.

Experience wise Reliance General Insurance Sales Manager 1 salaries

Last Updated: 27 Jan 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6 L/yr
6 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
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7 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹7.8 L/yr
8 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹9.9 L/yr
9 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
10 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹5.4 L/yr

View all

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Salary related reviews for Reliance General Insurance

1.0

Rated by 1 employees for salary & benefits

Area Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 06 Nov 2023

4.0

for Salary and Benefits

Likes

Depends on the Vertical and Reporting Manager. Bonus, The Remuneration part is very good

Salary - Good

Dislikes

Bonus amount has capping of 6 months. Notice period is 3 months. And Like and Dislikes depend upon the current manager.

Job security - Poor

+2 more

Deputy Manager in Lucknow

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 12 Jul 2023

2.0

for Salary and Benefits

Likes

Job surity

Dislikes

...ntives criteria. Company shall pay bonus on your based performance of the year. That is no pay such a big amount and company add the clause in your bonus. If you resign before six months company shall recovered your bonus amount.

Salary - Poor

+4 more

Sales Manager in Palakkad

Finance & Accounting Department

2.0

• posted on 15 Jun 2022

1.0

for Salary and Benefits

Likes

Of course paying incentives and salary on correct time . During covid time n all full salary was given.

Skill development - Excellent

+2 more

Dislikes

No salary hike as well as promotions,we cant exoect that. Apart from incentive you won’t get a career growth.

Salary - Bad

+1 more

Legal Consultant in Bangalore / Bengaluru

Full Time

Other Department

2.0

• posted on 22 Nov 2024

1.0

for Salary and Benefits

Likes

Celebrated festival very well work enthusiasm

Dislikes

Treat the employees like a slave's and treated as backbend officer unsatisfied with the job and they offered very poor salary but they assign too much of work, make conditions for in and out and observed too much that overall work experience is too bad

Salary - Bad

+5 more

Deputy Manager Analyst in Mumbai

Full Time

Other Department

3.0

• posted on 06 Nov 2024

3.0

for Salary and Benefits

Likes

Work culture is good

Company culture - Excellent

+1 more

Dislikes

Promotion and hikes are very low. If you join on low package it will be very difficult to get satisfactory hike next year Performance Bonus return - will have to return the bonus if you leave before 6 months after getting bonus so basically you will need to wait total 9 months to get out from the organization

Skill development - Poor

+1 more

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Reliance General Insurance Sales Manager 1 Salary FAQs

What is the salary of Sales Manager 1 at Reliance General Insurance ?

The average salary of a Sales Manager 1 at Reliance General Insurance in India typically ranges from ₹5.4 Lakhs to ₹7.8 Lakhs per year, depending on experience (from 5 years to 10 years).

The top 10% of Sales Manager 1 at Reliance General Insurance earn more than ₹7.8 Lakhs per year, and the top 1% earn over ₹7.8 Lakhs per year. Sales Manager 1 Salaries at Reliance 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 Reliance General Insurance employees in India.

What is the estimated take home salary of a Sales Manager 1 at Reliance General Insurance in India?

The estimated take-home salary of a Sales Manager 1 at Reliance General Insurance in India typically ranges from ₹41,271 to ₹42,417 per month. This is based on the average salary range of ₹5.4 Lakhs to ₹7.8 Lakhs per year for employees with experience ranging from 5 years to 10 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 Reliance General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Reliance General Insurance for Sales Manager 1 in India?

ICICI Prudential Life Insurance	₹5.0 Lakhs to ₹9.5 Lakhs per year
Aditya Birla Sun Life Insurance	₹4.0 Lakhs to ₹8.5 Lakhs per year
ICICI Lombard General Insurance Company	₹3.8 Lakhs to ₹7.0 Lakhs per year

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

What is the salary of a Sales Manager 1 in companies similar to Reliance General Insurance in India?

The salary of a Sales Manager 1 at companies similar to Reliance General Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata AIA Life Insurance	₹4.5 Lakhs to ₹6.0 Lakhs per year
Reliance Nippon Life Insurance	₹4.3 Lakhs to ₹5.5 Lakhs per year
HDFC Life	₹3.0 Lakhs to ₹6.3 Lakhs per year
Canara HSBC Life Insurance	₹3.0 Lakhs to ₹8.0 Lakhs per year
PNB MetLife	₹3.0 Lakhs to ₹5.0 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 Sales Manager 1 at Reliance General Insurance in India?

The salary growth for a Sales Manager 1 at Reliance General Insurance depends on factors such as experience, performance, and promotions. On average, a Sales Manager 1 can expect the following growth trajectory at Reliance General Insurance:

Experience	Average Salary Range
5 years	₹2.3 Lakhs to ₹6.0 Lakhs per year
6 years	₹5.0 Lakhs to ₹6.4 Lakhs per year
7 years	₹2.2 Lakhs to ₹7.8 Lakhs per year
8 years	₹5.4 Lakhs to ₹9.9 Lakhs per year

and so on.

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Reliance General Insurance Sales Manager 1 Salaries

Reliance General Insurance Sales Manager 1 salary in India ranges between ₹5.4 Lakhs to ₹7.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Reliance General Insurance latest salaries received from various employees of Reliance General Insurance.