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Royal Sundaram General Insurance Agency Manager salaries in India

Annual salary range
3 - 5 years exp.
₹3 Lakhs - ₹5.9 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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33% more than the average Agency Manager Salary in Insurance Companies for 3 - 5 years of experience

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Last Updated: 23 Apr 2023

Companies similar to Royal Sundaram General Insurance for Agency Manager

Company name Avg Annual Salary Open Jobs
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₹2.3 L/yr - ₹4 L/yr

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₹2.4 L/yr - ₹4.5 L/yr

arrow icon 26% less
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Bharti AXA Life Insurance Agency Manager Salary

0 - 5 years exp. (214 salaries)

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₹1.8 L/yr - ₹4.5 L/yr

arrow icon 45% less
1 job opening
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Axis Max Life Insurance Agency Manager Salary

2 - 12 years exp. (161 salaries)

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₹2.2 L/yr - ₹6.5 L/yr

arrow icon 13% less
1 job opening
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₹2.5 L/yr - ₹4.6 L/yr

arrow icon 25% less
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CignaTTk Health Insurance Agency Manager Salary

1 - 10 years exp. (30 salaries)

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₹2.8 L/yr - ₹4 L/yr

arrow icon 29% less
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₹1.9 L/yr - ₹5 L/yr

arrow icon 39% less
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₹2.6 L/yr - ₹4.8 L/yr

arrow icon 18% less
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SBI General Insurance Agency Manager Salary

2 - 8 years exp. (5 salaries)

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₹2.4 L/yr - ₹4.5 L/yr

arrow icon 21% less
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₹4.5 L/yr - ₹7.5 L/yr

arrow icon 23% more
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₹2.5 L/yr - ₹3.1 L/yr

arrow icon 42% less
1 job opening
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₹3 L/yr - ₹6.5 L/yr

arrow icon 1% more
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₹2.4 L/yr - ₹6.7 L/yr

arrow icon 21% less
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₹3.1 L/yr - ₹5.5 L/yr

arrow icon 19% less
Agency Manager salary at Royal Sundaram General Insurance ranges between ₹3 Lakhs to ₹5.9 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Royal Sundaram General Insurance.

Latest annual salaries shared by Royal Sundaram General Insurance Agency Manager

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Experience wise Royal Sundaram General Insurance Agency Manager salaries

Last Updated: 23 Apr 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.2 L/yr
4 years (AmbitionBox Estimate)

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₹4.4 L/yr - ₹5.6 L/yr
5 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹5.9 L/yr

Similar Designation salaries in Royal Sundaram General Insurance

Branch Manager Salary
(24 salaries)
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₹4.5 L/yr - ₹11 L/yr
Area Manager Salary
(7 salaries)
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₹9 L/yr - ₹18.5 L/yr
Deputy Manager Salary
(11 salaries)
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₹12 L/yr - ₹17.39 L/yr
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₹18.83 L/yr - ₹21 L/yr
Sales Manager Salary
(18 salaries)
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₹1.8 L/yr - ₹8.87 L/yr
Business Manager Salary
(AmbitionBox Estimate)
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₹10.7 L/yr - ₹13.7 L/yr
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₹5.5 L/yr - ₹14.64 L/yr
Marketing Manager Salary
(AmbitionBox Estimate)
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₹3.7 L/yr - ₹4.7 L/yr
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₹3.7 L/yr - ₹7.2 L/yr
Team Lead Salary
(15 salaries)
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₹3.5 L/yr - ₹6.5 L/yr

Salary related reviews for Royal Sundaram General Insurance

Full Time

 · 

Merchandising, Retail & eCommerce Department

1.0
  •  posted on 06 Feb 2024

4.0
 for  Salary and Benefits

Likes

Products are good to promote. Salary is good.

  • Salary - Good

Dislikes

HR is reactive and not supportive to employees. Management is not mature to run the show. No one is ready to listen new ideas. Induction has done after 89 days from joining.

read more
  • Skill development - Bad
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 23 Jul 2023

3.0
 for  Salary and Benefits

Likes

Royal sundaram working environment & culture is very nice. Excellent customer support & one most unique of South based company.

read more
  • Job security - Good
  • +1 more

Dislikes

...motion & appraisal top level only , minimum branch level manager & senior only . Field Managers got too low bonus amount & salary hike percentage every year.

read more
  • Promotions - Poor

Sales & Business Development Department

3.0
  •  posted on 15 Oct 2021

2.0
 for  Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Comapany policies are good,appraisals are fair and they give good salary hike

read more
  • Skill development - Good
  • +2 more

Dislikes

There is a lot of politics and the management doesn't address our issues ,salary is decent but career growth is slow

read more
  • Salary - Poor

BFSI, Investments & Trading Department

4.0
  •  posted on 16 Apr 2018

4.0
 for  Salary and Benefits

Likes

Company is good in terms of salry and other benifit. For employee

  • Salary - Good

Dislikes

Salary and oter benifit is good but growth us slow. Pressure is very high.only few people have decision maker no discussion about market trend startegy etc service level in middle and upper level is not per expectations. Performance get unnoticed while getting appraisal

read more
  • Skill development - Poor
  • +2 more

sales Department

5.0
  •  posted on 05 May 2018

4.0
 for  Salary and Benefits

Likes

overall company is very Good for employee ,agents and customers . Management team,higher authority .Company Claim team ,product range. Company culture is very familiars.

read more
  • Salary - Good
  • +6 more

Dislikes

...good but personally i missing Sales Incentive for Sales Force in Royal Sundaram. if company plan some monthly /yearly incentive or bonus.

read more
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Royal Sundaram General Insurance Agency Manager Salary FAQs

What is the salary of Agency Manager at Royal Sundaram General Insurance ?
The average salary of a Agency Manager at Royal Sundaram General Insurance in India typically ranges from ₹3.0 Lakhs to ₹5.9 Lakhs per year, depending on experience (from 3 years to 5 years).

The top 10% of Agency Manager at Royal Sundaram General Insurance earn more than ₹5.9 Lakhs per year, and the top 1% earn over ₹5.9 Lakhs per year. Agency Manager Salaries at Royal Sundaram 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 5 Royal Sundaram General Insurance employees in India.
What is the estimated take home salary of a Agency Manager at Royal Sundaram General Insurance in India?
The estimated take-home salary of a Agency Manager at Royal Sundaram General Insurance in India typically ranges from ₹36,261 to ₹37,482 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹5.9 Lakhs per year for employees with experience ranging from 3 years 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 5 salaries received from various employees of Royal Sundaram General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Royal Sundaram General Insurance for Agency Manager in India?
Magma HDI General Insurance ₹4.5 Lakhs to ₹7.5 Lakhs per year
Universal Sompo General Insurance ₹3.0 Lakhs to ₹6.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Royal Sundaram General Insurance, depending on the role and experience level.
What is the salary of a Agency Manager in companies similar to Royal Sundaram General Insurance in India?
The salary of a Agency Manager at companies similar to Royal Sundaram General Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Max Life Insurance ₹2.2 Lakhs to ₹6.5 Lakhs per year
Future Generali India Life Insurance ₹2.6 Lakhs to ₹4.8 Lakhs per year
Liberty General Insurance ₹3.1 Lakhs to ₹5.5 Lakhs per year
SBI General Insurance ₹2.4 Lakhs to ₹4.5 Lakhs per year
IndiaFirst Life Insurance ₹2.4 Lakhs to ₹6.7 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 Agency Manager at Royal Sundaram General Insurance in India?
The salary growth for a Agency Manager at Royal Sundaram General Insurance depends on factors such as experience, performance, and promotions. On average, a Agency Manager can expect the following growth trajectory at Royal Sundaram General Insurance:

Experience Average Salary Range
3 years ₹4.1 Lakhs to ₹5.2 Lakhs per year
4 years ₹4.4 Lakhs to ₹5.6 Lakhs per year
5 years ₹4.6 Lakhs to ₹5.9 Lakhs per year
and so on.

Tell us how to improve this page.

Royal Sundaram General Insurance Agency Manager salary in India ranges between ₹3 Lakhs to ₹5.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Royal Sundaram General Insurance latest salaries received from various employees of Royal Sundaram General Insurance.