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Royal Sundaram General Insurance

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4.0

based on 685 Reviews

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Mumbai
BFSI, Investments & Trading

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Royal Sundaram General Insurance BFSI, Investments & Trading Department Salaries in Mumbai

based on 67 latest salaries
Designation Avg Annual Salary Open Jobs

Territory Sales Manager

4 - 12 years exp. · Mumbai (10 salaries)
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₹4.1 L/yr - ₹7 L/yr

Area Sales Manager

9 - 16 years exp. · Mumbai (10 salaries)
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₹8.7 L/yr - ₹12 L/yr

National Business Head

14 - 17 years exp. · Mumbai (3 salaries)
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₹28.7 L/yr - ₹39 L/yr

Officer

3 - 5 years exp. · Mumbai (3 salaries)
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₹3 L/yr - ₹3.7 L/yr

Regional Sales Manager-Bancassurance

17 - 18 years exp. · Mumbai (AmbitionBox Estimate)
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₹13.8 L/yr - ₹17.6 L/yr

Assistant Relationship Manager

13 - 14 years exp. · Mumbai (AmbitionBox Estimate)
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₹8.1 L/yr - ₹9 L/yr

Operation Assistant

3 - 4 years exp. · Mumbai (AmbitionBox Estimate)
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₹3.2 L/yr - ₹5.7 L/yr

Portfolio Manager

15 - 16 years exp. · Mumbai (AmbitionBox Estimate)
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₹27.1 L/yr - ₹34.6 L/yr

Assistant Underwriter

2 - 3 years exp. · Mumbai (AmbitionBox Estimate)
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₹4.5 L/yr - ₹6.8 L/yr

Assistant Underwriting Manager

11 - 14 years exp. · Mumbai (AmbitionBox Estimate)
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₹5.6 L/yr - ₹7.2 L/yr

Trading Underwriter

10 years exp. · Mumbai (AmbitionBox Estimate)
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₹17.4 L/yr - ₹22.3 L/yr

Sales Support Analyst

15 years exp. · Mumbai (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr

Deputy General Manager

22 years exp. · Mumbai (AmbitionBox Estimate)
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₹27 L/yr - ₹34.5 L/yr

Underwriter

1 year exp. · Mumbai (AmbitionBox Estimate)
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₹6.6 L/yr - ₹13.9 L/yr

TSM

4 years exp. · Mumbai (AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.3 L/yr

Business Head

12 years exp. · Mumbai (AmbitionBox Estimate)
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₹11.2 L/yr - ₹14.3 L/yr

Lead Commercial Underwriter

7 years exp. · Mumbai (AmbitionBox Estimate)
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₹8.1 L/yr - ₹10.4 L/yr

Accountant Trainee

5 years exp. · Mumbai (AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.3 L/yr

Head Key Accounts

13 years exp. · Mumbai (AmbitionBox Estimate)
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₹28 L/yr - ₹35.8 L/yr

Operations Executive

7 years exp. · Mumbai (AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.2 L/yr

Last Updated: 1 Feb, 2025

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New Job, Higher Pay, Now I’m Feeling Awkward
I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!
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Salary related reviews for Royal Sundaram General Insurance

3.3

Rated by 23 employees for salary & benefits

Vice President And Head - Affinity Relationships in Mumbai

BFSI, Investments & Trading Department

5.0
  •  posted on 10 Aug 2020
5.0
 for  Salary and Benefits

Likes

...dly HR team in the country. Employee safety and security is of highest priority. No salary reduction or forced separation of employees during these trying times. Truly an organisation where you would love to be a career employee.

read more
  • Salary - Excellent
    • +6 more

Dislikes

How can you dislike a place which is perhaps only next to your own home in employee care and concern ?

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.

read more
  • Salary - Poor
    • +5 more

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

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  • 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.

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  • 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.

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  • Promotions - Poor

Motor Engineer in Kolkata

BFSI, Investments & Trading Department

3.0
  •  posted on 20 Apr 2022
2.0
 for  Salary and Benefits

Likes

...reason why we worked on all off days as well and that has now become a practice. We are made to work on weekends, given weekend targets, that too without pay. After working in dedicated manner for almost 6 years, i am awarded with financial stress, stagnancy, no development, stressful and abusive profession with no work -life balance. Altogether i regret my decision of joining Royal Sundaram.

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  • Job security - Good

Dislikes

After dedicated efforts for years, leaving everything else for the sake of the targets, working on almost all weekends, i am left with no family, financial stress due to its poor remuneration, poor health due to work stress, lost all soft skills i had and finall left with no other career options. I regret my joining Royal Sundaram.

read more
  • Salary - Poor
    • +4 more
see more salary related reviews

Royal Sundaram General Insurance interview questions by designations

Territory Sales Manager (4)Finance Executive (1)Manager - Motor Claims (1)Back Office Executive (1)
View all 19 interview experiences

Know more about Royal Sundaram General Insurance Mumbai

More about working at Royal Sundaram General Insurance

Royal Sundaram General Insurance Salary FAQs

How much does Royal Sundaram General Insurance pay per year?
The average Royal Sundaram General Insurance salary ranges from approximately ₹0.8 Lakh to ₹3.6 Lakhs per year for a Policy Processing Officer and ₹22.8 Lakhs to ₹40 Lakhs per year for a Deputy General Manager. Salary estimates are based on 67 Royal Sundaram General Insurance salaries received from various employees of Royal Sundaram General Insurance. Royal Sundaram General Insurance employees rate the overall salary and benefits package 3.3/5 stars.
What is the highest salary in Royal Sundaram General Insurance?
The highest-paying job at Royal Sundaram General Insurance is a Deputy General Manager with a salary of ₹22.8 Lakhs to ₹40 Lakhs per year. The top 10% of employees earn more than ₹12.98 lakhs per year. The top 1% earn more than a whopping ₹42 lakhs per year.
What is the minimum salary in Royal Sundaram General Insurance?
Minimum salary at Royal Sundaram General Insurance depends on the role you are applying for. For Back Office Associate the minimum salary is ₹1.5 Lakh to ₹3.5 Lakhs per year, and for Associate the minimum salary is ₹1.5 Lakh to ₹4.4 Lakhs per year and so on.
What is the salary package for freshers in Royal Sundaram General Insurance?
The average salary at Royal Sundaram General Insurance for freshers is ₹2.8 Lakhs per year for Sales Officer.
What is the notice period at Royal Sundaram General Insurance in BFSI, Investments & Trading Department in Mumbai?
According to AmbitionBox, 64% of the Royal Sundaram General Insurance employees in BFSI, Investments & Trading Department in Mumbai reported a notice period of 3 Months, 21% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 33 responses on AmbitionBox in last 2 years.

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Average annual salary in BFSI, Investments & Trading department at Royal Sundaram General Insurance , Mumbai is INRunlock blur . Salary estimates are based on 67 Royal Sundaram General Insurance latest salaries received from various employees of Royal Sundaram General Insurance.

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