Royal Sundaram General Insurance Agency Manager Salaries by 5 Employees

3 - 5 years exp.

₹3 Lakhs - ₹5.9 Lakhs

Low Confidence

Salary of majority employees

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
Aditya Birla Health Insurance Co Agency Manager Salary 0 - 8 years exp. (330 salaries)	₹2.3 L/yr - ₹4 L/yr 33% less
ManipalCigna Health Insurance Agency Manager Salary 0 - 10 years exp. (318 salaries)	₹2.4 L/yr - ₹4.5 L/yr 26% less
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Bharti AXA Life Insurance Agency Manager Salary 0 - 5 years exp. (214 salaries)	₹1.8 L/yr - ₹4.5 L/yr 45% less	1 job opening
Axis Max Life Insurance Agency Manager Salary 2 - 12 years exp. (161 salaries)	₹2.2 L/yr - ₹6.5 L/yr 13% less	1 job opening
Cholamandalam MS General Insurance Agency Manager Salary 0 - 5 years exp. (59 salaries)	₹2.5 L/yr - ₹4.6 L/yr 25% less
CignaTTk Health Insurance Agency Manager Salary 1 - 10 years exp. (30 salaries)	₹2.8 L/yr - ₹4 L/yr 29% less
Ageas Federal Life Insurance Agency Manager Salary 0 - 6 years exp. (16 salaries)	₹1.9 L/yr - ₹5 L/yr 39% less
Future Generali India Life Insurance Agency Manager Salary 2 - 8 years exp. (11 salaries)	₹2.6 L/yr - ₹4.8 L/yr 18% less
SBI General Insurance Agency Manager Salary 2 - 8 years exp. (5 salaries)	₹2.4 L/yr - ₹4.5 L/yr 21% less
Magma HDI General Insurance Agency Manager Salary 10 - 16 years exp. (4 salaries)	₹4.5 L/yr - ₹7.5 L/yr 23% more
Edelweiss Life Insurance Agency Manager Salary 1 - 6 years exp. (4 salaries)	₹2.5 L/yr - ₹3.1 L/yr 42% less	1 job opening
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Universal Sompo General Insurance Agency Manager Salary 3 - 16 years exp. (4 salaries)	₹3 L/yr - ₹6.5 L/yr 1% more
IndiaFirst Life Insurance Agency Manager Salary 4 - 10 years exp. (3 salaries)	₹2.4 L/yr - ₹6.7 L/yr 21% less
Liberty General Insurance Agency Manager Salary 2 - 7 years exp. (3 salaries)	₹3.1 L/yr - ₹5.5 L/yr 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.

Experience wise Royal Sundaram General Insurance Agency Manager salaries

Last Updated: 23 Apr 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
4 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
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5 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr

Similar Designation salaries in Royal Sundaram General Insurance

Branch Manager Salary

(24 salaries)

₹4.5 L/yr - ₹11 L/yr

Area Manager Salary

(7 salaries)

₹9 L/yr - ₹18.5 L/yr

Deputy Manager Salary

(11 salaries)

₹12 L/yr - ₹17.39 L/yr

Regional Manager Salary

(6 salaries)

₹18.83 L/yr - ₹21 L/yr

Sales Manager Salary

(18 salaries)

₹1.8 L/yr - ₹8.87 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹10.7 L/yr - ₹13.7 L/yr

Area Sales Manager Salary

(76 salaries)

₹5.5 L/yr - ₹14.64 L/yr

Marketing Manager Salary

(AmbitionBox Estimate)

₹3.7 L/yr - ₹4.7 L/yr

Territory Manager Salary

(35 salaries)

₹3.7 L/yr - ₹7.2 L/yr

Team Lead Salary

(15 salaries)

₹3.5 L/yr - ₹6.5 L/yr

Salary related reviews for Royal Sundaram General Insurance

Territory Sales Manager in Kolkata

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.

Skill development - Bad

+4 more

Sales Manager in Tirunelveli

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.

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.

Promotions - Poor

Sales Officer in Mumbai

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

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

Salary - Poor

Territory Manager in New Delhi

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

Skill development - Poor

+2 more

Territory Manager in New Delhi

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.

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.

see more salary related reviews

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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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.

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Royal Sundaram General Insurance Agency Manager Salaries

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