Royal Sundaram General Insurance Business Manager Salaries by Employees

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₹10.7 Lakhs - ₹13.7 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 5 Aug 2022

Companies similar to Royal Sundaram General Insurance for Business Manager

Company name	Avg Annual Salary	Open Jobs
Bharti AXA Life Insurance Business Manager Salary 1 - 12 years exp. (204 salaries)	₹2.2 L/yr - ₹5 L/yr 76% less	1 job opening
Edelweiss Life Insurance Business Manager Salary 0 - 16 years exp. (34 salaries)	₹3 L/yr - ₹8.5 L/yr 58% less
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IndiaFirst Life Insurance Business Manager Salary 3 - 13 years exp. (23 salaries)	₹3 L/yr - ₹6.3 L/yr 62% less
Cholamandalam MS General Insurance Business Manager Salary 3 - 15 years exp. (17 salaries)	₹4 L/yr - ₹6.5 L/yr 55% less
Future Generali India Life Insurance Business Manager Salary 1 - 16 years exp. (7 salaries)	₹3.8 L/yr - ₹6.5 L/yr 57% less
Aegon Life Insurance Business Manager Salary 5 - 9 years exp. (6 salaries)	₹2.1 L/yr - ₹3.5 L/yr 77% less
Axis Max Life Insurance Business Manager Salary 5 - 12 years exp. (5 salaries)	₹3.1 L/yr - ₹9.5 L/yr 56% less
SBI General Insurance Business Manager Salary 6 - 14 years exp. (5 salaries)	₹4 L/yr - ₹15.1 L/yr 29% less
ManipalCigna Health Insurance Business Manager Salary 4 - 8 years exp. (5 salaries)	₹3 L/yr - ₹3.9 L/yr 73% less
Shriram General Insurance Business Manager Salary 6 - 18 years exp. (4 salaries)	₹3.5 L/yr - ₹9.4 L/yr 59% less

Business Manager salary at Royal Sundaram General Insurance ranges between ₹10.7 Lakhs to ₹13.7 Lakhs per year for employees with 14 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Royal Sundaram General Insurance.

Similar Designation salaries in Royal Sundaram General Insurance

Branch Manager Salary

(24 salaries)

₹4.5 L/yr - ₹11 L/yr

Sales Manager Salary

(18 salaries)

₹1.8 L/yr - ₹8.87 L/yr

Regional Manager Salary

(6 salaries)

₹18.83 L/yr - ₹21 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

Territory Manager Salary

(35 salaries)

₹3.7 L/yr - ₹7.2 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

Senior Sales Manager Salary

(3 salaries)

₹3.8 L/yr - ₹5.6 L/yr

Relationship Manager Salary

(10 salaries)

₹3 L/yr - ₹5.2 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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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Royal Sundaram General Insurance Business Manager Salary FAQs

How the salary growth look like for a Business Manager at Royal Sundaram General Insurance in India?

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

Experience	Average Salary Range
14 years	₹10.7 Lakhs to ₹13.7 Lakhs per year

and so on.

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Royal Sundaram General Insurance Business Manager Salaries

Royal Sundaram General Insurance Business Manager salary in India ranges between ₹10.7 Lakhs to ₹13.7 Lakhs. This is an estimate based on latest salaries received from employees of Royal Sundaram General Insurance.

Royal Sundaram General Insurance Business Manager salaries in India

Companies similar to Royal Sundaram General Insurance for Business Manager

Similar Designation salaries in Royal Sundaram General Insurance

Salary related reviews for Royal Sundaram General Insurance

Territory Sales Manager in Kolkata

Sales Manager in Tirunelveli

Sales Officer in Mumbai

Territory Manager in New Delhi

Territory Manager in New Delhi

Royal Sundaram General Insurance Business Manager Salary FAQs

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