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Royal Sundaram General Insurance Regional Sales Manager salaries in India

Annual salary range
11 - 18 years exp.
₹9 Lakhs - ₹19.4 Lakhs
Salary of majority employees
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18% less than the average Regional Sales Manager Salary in Insurance Companies for 11 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Regional Sales Manager Salary
11 - 18 years exp. (8 salaries)
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₹9 L/yr - ₹14.3 L/yr

Sales & Business Development
Regional Sales Manager Salary
12 - 16 years exp. (3 salaries)
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₹10.7 L/yr - ₹14.2 L/yr

Strategic & Top Management
Regional Sales Manager Salary
15 - 16 years exp. (AmbitionBox Estimate)
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₹13.6 L/yr - ₹19.4 L/yr

Last Updated: 30 Dec 2023

Companies similar to Royal Sundaram General Insurance for Regional Sales Manager

Company name Avg Annual Salary Open Jobs
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₹11 L/yr - ₹36 L/yr

arrow icon 61% more
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₹13 L/yr - ₹24.5 L/yr

arrow icon 31% more
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₹19.5 L/yr - ₹24 L/yr

arrow icon 56% more
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₹15 L/yr - ₹27 L/yr

arrow icon 37% more
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₹11.8 L/yr - ₹28 L/yr

arrow icon 23% more
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₹15.5 L/yr - ₹22 L/yr

arrow icon 38% more
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₹8.3 L/yr - ₹12 L/yr

arrow icon 25% less
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₹10.9 L/yr - ₹15.3 L/yr

arrow icon 5% less
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₹4.3 L/yr - ₹33 L/yr

arrow icon 14% more
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₹18 L/yr - ₹25.4 L/yr

arrow icon 53% more
Regional Sales Manager salary at Royal Sundaram General Insurance ranges between ₹9 Lakhs to ₹19.4 Lakhs per year for employees with experience between 11 years to 18 years. Salary estimates are based on 13 latest salaries received from various employees of Royal Sundaram General Insurance.

Latest annual salaries shared by Royal Sundaram General Insurance Regional Sales Manager

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16 years exp.
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16 years exp.
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12 years exp.
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17 years exp.
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13 years exp.
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18 years exp.
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14 years exp.
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12 years exp.
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11 years exp.
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15 years exp.

Experience wise Royal Sundaram General Insurance Regional Sales Manager salaries

Last Updated: 30 Dec 2023

Experience Avg Annual Salary
11 years (AmbitionBox Estimate)

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₹10.7 L/yr - ₹23.7 L/yr
12 years  (4 salaries)

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₹9 L/yr - ₹24 L/yr
13 years (AmbitionBox Estimate)

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₹11.5 L/yr - ₹24.3 L/yr
14 years (AmbitionBox Estimate)

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₹9 L/yr - ₹24.7 L/yr
15+ years  (6 salaries)

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₹10.7 L/yr - ₹19.4 L/yr

Similar Designation salaries in Royal Sundaram General Insurance

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₹2.73 L/yr - ₹7.25 L/yr
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₹5.5 L/yr - ₹14.64 L/yr
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₹3.7 L/yr - ₹7.2 L/yr
Sales Officer Salary
(24 salaries)
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₹1 L/yr - ₹4.6 L/yr
Branch Manager Salary
(24 salaries)
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₹4.5 L/yr - ₹11 L/yr
Sales Manager Salary
(18 salaries)
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₹1.8 L/yr - ₹8.87 L/yr
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₹3 L/yr - ₹5.2 L/yr
State Head Salary
(9 salaries)
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₹8.1 L/yr - ₹19.5 L/yr
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₹13.3 L/yr - ₹30 L/yr
TSM Salary
(7 salaries)
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₹3 L/yr - ₹6.8 L/yr

Salary related reviews for Royal Sundaram General Insurance

3.7

Rated by 4 employees for salary & benefits

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.

read more
  • Skill development - Bad
  • +4 more

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.

read more
  • 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

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

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  • 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

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  • Salary - Poor

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

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  • Skill development - Poor
  • +2 more

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.

read more
  • 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.

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Royal Sundaram General Insurance Regional Sales Manager Salary FAQs

What is the salary of Regional Sales Manager at Royal Sundaram General Insurance ?
The average salary of a Regional Sales Manager at Royal Sundaram General Insurance in India typically ranges from ₹9.0 Lakhs to ₹19.4 Lakhs per year, depending on experience (from 11 years to 18 years).

The top 10% of Regional Sales Manager at Royal Sundaram General Insurance earn more than ₹19.4 Lakhs per year, and the top 1% earn over ₹19.4 Lakhs per year. Regional Sales 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 10+ Royal Sundaram General Insurance employees in India.
What is the estimated take home salary of a Regional Sales Manager at Royal Sundaram General Insurance in India?
The estimated take-home salary of a Regional Sales Manager at Royal Sundaram General Insurance in India typically ranges from ₹96,462 to ₹99,070 per month. This is based on the average salary range of ₹9.0 Lakhs to ₹19.4 Lakhs per year for employees with experience ranging from 11 years to 18 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 10+ 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 Regional Sales Manager in India?
SBI General Insurance ₹11.0 Lakhs to ₹36.0 Lakhs per year
Cholamandalam MS General Insurance ₹19.5 Lakhs to ₹24.0 Lakhs per year
Liberty General Insurance ₹18.0 Lakhs to ₹25.4 Lakhs per year
Bharti AXA Life Insurance ₹15.5 Lakhs to ₹22.0 Lakhs per year
Star Union Dai-ichi Life Insurance ₹15.0 Lakhs to ₹27.0 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 Regional Sales Manager in companies similar to Royal Sundaram General Insurance in India?
The salary of a Regional Sales 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:

Aditya Birla Health Insurance Co ₹13.0 Lakhs to ₹24.5 Lakhs per year
Axis Max Life Insurance ₹11.8 Lakhs to ₹28.0 Lakhs per year
Edelweiss Life Insurance ₹4.3 Lakhs to ₹33.0 Lakhs per year
ManipalCigna Health Insurance ₹10.9 Lakhs to ₹15.3 Lakhs per year
Future Generali India Life Insurance ₹8.3 Lakhs to ₹12.0 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 Regional Sales Manager at Royal Sundaram General Insurance in India?
The salary growth for a Regional Sales Manager at Royal Sundaram General Insurance depends on factors such as experience, performance, and promotions. On average, a Regional Sales Manager can expect the following growth trajectory at Royal Sundaram General Insurance:

Experience Average Salary Range
11 years ₹10.7 Lakhs to ₹23.7 Lakhs per year
12 years ₹9.0 Lakhs to ₹24.0 Lakhs per year
13 years ₹11.5 Lakhs to ₹24.3 Lakhs per year
14 years ₹9.0 Lakhs to ₹24.7 Lakhs per year
and so on.

Tell us how to improve this page.

Royal Sundaram General Insurance Regional Sales Manager salary in India ranges between ₹9 Lakhs to ₹19.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 13 Royal Sundaram General Insurance latest salaries received from various employees of Royal Sundaram General Insurance.