Royal Sundaram General Insurance Branch Sales Manager Salaries by 3 Employees (Updated 2024)

16 - 19 years exp.

₹8.3 Lakhs - ₹12.2 Lakhs

Low Confidence

Salary of majority employees

50% more than the average Branch Sales Manager Salary in Insurance Companies for 16 - 19 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Sales Manager Salary 16 - 18 years exp. (AmbitionBox Estimate)	₹8.3 L/yr - ₹9.3 L/yr
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Finance & Accounting Branch Sales Manager Salary 19 years exp. (AmbitionBox Estimate)	₹10.9 L/yr - ₹13.4 L/yr

Last Updated: 29 Mar 2023

Companies similar to Royal Sundaram General Insurance for Branch Sales Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Branch Sales Manager Salary 12 - 16 years exp. (4 salaries)	₹5.6 L/yr - ₹8 L/yr 21% less
HDFC Ergo General Insurance Branch Sales Manager Salary 4 - 18 years exp. (5 salaries)	₹3.7 L/yr - ₹11 L/yr 30% less
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Bajaj Allianz General Insurance Branch Sales Manager Salary 5 - 7 years exp. (3 salaries)	₹4 L/yr - ₹6 L/yr 51% less
Reliance General Insurance Branch Sales Manager Salary 5 - 15 years exp. (6 salaries)	₹2.2 L/yr - ₹5.2 L/yr 58% less
Tata AIG Branch Sales Manager Salary 6 - 16 years exp. (4 salaries)	₹7.8 L/yr - ₹9.5 L/yr 16% less
Future Generali India Life Insurance Branch Sales Manager Salary 2 - 15 years exp. (4 salaries)	₹2.5 L/yr - ₹13 L/yr 19% less
Bharti AXA Life Insurance Branch Sales Manager Salary 6 - 16 years exp. (18 salaries)	₹5 L/yr - ₹10.2 L/yr 6% less	1 job opening
Cholamandalam MS General Insurance Branch Sales Manager Salary 4 - 8 years exp. (6 salaries)	₹4.5 L/yr - ₹8.5 L/yr 34% less
Max Life Insurance Branch Sales Manager Salary 0 - 15 years exp. (5 salaries)	₹2 L/yr - ₹10.5 L/yr 43% less
Edelweiss Tokio Life Insurance Branch Sales Manager Salary 7 - 14 years exp. (4 salaries)	₹3 L/yr - ₹9.5 L/yr 27% less
IndiaFirst Life Insurance Branch Sales Manager Salary 6 - 8 years exp. (3 salaries)	₹4.3 L/yr - ₹5 L/yr 54% less
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Branch Sales Manager salary at Royal Sundaram General Insurance ranges between ₹8.3 Lakhs to ₹12.2 Lakhs per year for employees with experience between 16 years to 19 years. Salary estimates are based on 3 latest salaries received from various employees of Royal Sundaram General Insurance.

Experience wise Royal Sundaram General Insurance Branch Sales Manager salaries

Last Updated: 29 Mar 2023

Experience	Avg Annual Salary
15+ years (3 salaries)	₹8.3 L/yr - ₹12.2 L/yr
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Similar Designation salaries in Royal Sundaram General Insurance

Area Sales Manager Salary

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₹5.5 L/yr - ₹14.64 L/yr

Senior Sales Manager Salary

(4 salaries)

₹3.8 L/yr - ₹8.8 L/yr

Branch Manager Salary

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₹5.5 L/yr - ₹11 L/yr

Sales Manager Salary

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₹1.8 L/yr - ₹8.73 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Area Manager Salary

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₹9 L/yr - ₹18.5 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹10.7 L/yr - ₹13.7 L/yr

Branch Head Salary

(8 salaries)

₹7 L/yr - ₹12 L/yr

Sales Officer Salary

(24 salaries)

₹1 L/yr - ₹4.6 L/yr

Relationship Manager Salary

(10 salaries)

₹3 L/yr - ₹5.5 L/yr

Salary related reviews for Royal Sundaram General Insurance

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.

Dislikes

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

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

Dislikes

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

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

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

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.

Dislikes

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

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.

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.

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Royal Sundaram General Insurance Branch Sales Manager Salary FAQs

What is the notice period for Branch Sales Manager at Royal Sundaram General Insurance?

According to AmbitionBox, 100% of the Royal Sundaram General Insurance Branch Sales Managers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Royal Sundaram General Insurance Branch Sales Manager Salaries

Royal Sundaram General Insurance Branch Sales Manager salary in India ranges between ₹8.3 Lakhs to ₹12.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Royal Sundaram General Insurance latest salaries received from various employees of Royal Sundaram General Insurance.