Royal Sundaram General Insurance Hyderabad / Secunderabad Assistant Manager Salaries by 5 Employees

7 - 12 years exp.

₹8 Lakhs - ₹13.7 Lakhs

Avg. annual salary

Monthly In-hand Salary

37% more than the average Assistant Manager Salary in Insurance Companies for 7 - 12 years of experience

Interested in this particular role?

Last Updated: 14 Nov 2024

Companies similar to Royal Sundaram General Insurance for Assistant Manager in Hyderabad / Secunderabad

Royal Sundaram General Insurance Assistant Manager Salary

7 - 12 years exp. (5 salaries)

₹8 L/yr - ₹13.7 L/yr

Company name	Avg Annual Salary	Open Jobs
Family Health Plan Assistant Manager Salary 5 - 11 years exp. (46 salaries)	₹2.2 L/yr - ₹5.3 L/yr 64% less
Aditya Birla Health Insurance Co Assistant Manager Salary 0 - 9 years exp. (30 salaries)	₹3.3 L/yr - ₹8 L/yr 47% less
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SBI General Insurance Assistant Manager Salary 0 - 10 years exp. (16 salaries)	₹3.4 L/yr - ₹8 L/yr 63% less
Medi Assist India Assistant Manager Salary 5 - 10 years exp. (16 salaries)	₹4 L/yr - ₹8 L/yr 45% less	2 job openings
MetLife Assistant Manager Salary 6 - 12 years exp. (13 salaries)	₹10 L/yr - ₹35.6 L/yr 76% more	4 job openings
Magma HDI General Insurance Assistant Manager Salary 3 - 10 years exp. (9 salaries)	₹3.7 L/yr - ₹7 L/yr 48% less
Future Generali India Life Insurance Assistant Manager Salary 4 - 11 years exp. (8 salaries)	₹4.2 L/yr - ₹8.4 L/yr 32% less
IndiaFirst Life Insurance Assistant Manager Salary 5 - 11 years exp. (5 salaries)	₹4.5 L/yr - ₹7.5 L/yr 52% less
Star Union Dai-ichi Life Insurance Assistant Manager Salary 4 - 8 years exp. (5 salaries)	₹2.6 L/yr - ₹5 L/yr 62% less
Shriram General Insurance Assistant Manager Salary 5 - 10 years exp. (4 salaries)	₹3.3 L/yr - ₹5.1 L/yr 65% less
Universal Sompo General Insurance Assistant Manager Salary 9 - 14 years exp. (4 salaries)	₹6.3 L/yr - ₹7.8 L/yr 37% less
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Assistant Manager salary at Royal Sundaram General Insurance ranges between ₹8 Lakhs to ₹13.7 Lakhs per year for employees with experience between 7 years to 12 years. Salary estimates are based on 5 latest salaries received from various employees of Royal Sundaram General Insurance.

Experience wise Royal Sundaram General Insurance Assistant Manager salaries in Hyderabad / Secunderabad

Last Updated: 14 Nov 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.3 L/yr
8 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.2 L/yr
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9 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹13.2 L/yr
10 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹13.1 L/yr
11 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹13 L/yr
12 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹12.9 L/yr

View all

Similar Designation salaries in Royal Sundaram General Insurance

Claims Officer Salary

(4 salaries)

₹3.06 L/yr - ₹3.75 L/yr

Top skills at Royal Sundaram General Insurance for Assistant Manager

MS Office Tractor Loan VLOOKUP Finance Agriculture

Salary related reviews for Royal Sundaram General Insurance

Operations Executive in Kolkata

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 04 Aug 2021

2.0

for Salary and Benefits

Likes

...oyal Sundaram, your job is absolutely secured, but the growth is very very poor. You will be giving your best for a low package altogether. Otherwise the company is good to survive

Job security - Excellent

+2 more

Dislikes

Salary and growth.

Salary - Poor

+1 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

Back Office Associate in Chennai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 26 Oct 2023

3.0

for Salary and Benefits

Likes

No more pressure . Appreciate the thing is providing the Food afternoon. But that also not maintaining properly.

Job security - Good

+2 more

Dislikes

... seems like school identity card. That also nowadays Looking Good. No more trip. If we want means we have to pay. Company not responsible. No more cab facilities. Royal sundaram sets for only the people WHO ARE ON ROLLS.

Promotions - Poor

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 Support Associate in Nagpur

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 19 Apr 2023

2.0

for Salary and Benefits

Likes

Work balance is quite good and no eager deadlines.

Dislikes

...posting. No policy for getting promotion within team within specific criteria. Appraisal cycle is worst and no clarity every year about bonus even salary hike too. It is also true that in this company higher management does not coperate with lower level staff.

Salary - Poor

+5 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Royal Sundaram General Insurance Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Royal Sundaram General Insurance in Hyderabad / Secunderabad?

The average salary of a Assistant Manager at Royal Sundaram General Insurance in Hyderabad / Secunderabad typically ranges from ₹8.0 Lakhs to ₹13.7 Lakhs per year, depending on experience (from 7 years to 12 years).

The top 10% of Assistant Manager in Hyderabad / Secunderabad at Royal Sundaram General Insurance earn more than ₹13.7 Lakhs per year, and the top 1% earn over ₹13.7 Lakhs per year. Assistant 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 Assistant Manager at Royal Sundaram General Insurance in Hyderabad / Secunderabad?

The estimated take-home salary of a Assistant Manager at Royal Sundaram General Insurance in Hyderabad / Secunderabad typically ranges from ₹81,211 to ₹83,328 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹13.7 Lakhs per year for employees with experience ranging from 7 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 5 salaries received from various employees of Royal Sundaram General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Assistant Manager at Royal Sundaram General Insurance in Hyderabad / Secunderabad?

To be a Assistant Manager at Royal Sundaram General Insurance in Hyderabad / Secunderabad, the key skills required include:

- MS Office
- Tractor Loan
- VLOOKUP
- Finance
- Agriculture

These skills are highly valued at Royal Sundaram General Insurance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Royal Sundaram General Insurance for Assistant Manager in India?

MetLife

₹10.0 Lakhs to ₹35.6 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 Assistant Manager in companies similar to Royal Sundaram General Insurance in Hyderabad / Secunderabad?

The salary of a Assistant Manager at companies similar to Royal Sundaram General Insurance in Hyderabad / Secunderabad varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Future Generali India Life Insurance	₹4.2 Lakhs to ₹8.4 Lakhs per year
Universal Sompo General Insurance	₹6.3 Lakhs to ₹7.8 Lakhs per year
Medi Assist India	₹4.0 Lakhs to ₹8.0 Lakhs per year
Aditya Birla Health Insurance Co	₹3.3 Lakhs to ₹8.0 Lakhs per year
Magma HDI General Insurance	₹3.7 Lakhs to ₹7.0 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 Assistant Manager at Royal Sundaram General Insurance in Hyderabad / Secunderabad?

The salary growth for a Assistant Manager at Royal Sundaram General Insurance in Hyderabad / Secunderabad depends on factors such as experience, performance, and promotions. On average, a Assistant Manager in Hyderabad / Secunderabad can expect the following growth trajectory at Royal Sundaram General Insurance:

Experience	Average Salary Range
7 years	₹10.4 Lakhs to ₹13.3 Lakhs per year
8 years	₹10.4 Lakhs to ₹13.2 Lakhs per year
9 years	₹10.3 Lakhs to ₹13.2 Lakhs per year
10 years	₹10.2 Lakhs to ₹13.1 Lakhs per year

and so on.

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Royal Sundaram General Insurance Assistant Manager Salaries in Hyderabad / Secunderabad

Royal Sundaram General Insurance Assistant Manager salary in Hyderabad / Secunderabad ranges between ₹8 Lakhs to ₹13.7 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.

Royal Sundaram General Insurance Assistant Manager salaries in Hyderabad / Secunderabad

Companies similar to Royal Sundaram General Insurance for Assistant Manager in Hyderabad / Secunderabad

Latest annual salaries shared by Royal Sundaram General Insurance Assistant Manager in Hyderabad / Secunderabad

Experience wise Royal Sundaram General Insurance Assistant Manager salaries in Hyderabad / Secunderabad

Similar Designation salaries in Royal Sundaram General Insurance

Top skills at Royal Sundaram General Insurance for Assistant Manager

Salary related reviews for Royal Sundaram General Insurance

Operations Executive in Kolkata

Sales Manager in Tirunelveli

Back Office Associate in Chennai

Territory Sales Manager in Kolkata

Sales Support Associate in Nagpur

Royal Sundaram General Insurance Assistant Manager Salary FAQs

Tell us how to improve this page.