Royal Sundaram General Insurance Regional Sales Manager Salaries by 10+ Employees

11 - 18 years exp.

₹9 Lakhs - ₹19.4 Lakhs

Salary of majority employees

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)	₹9 L/yr - ₹14.3 L/yr
Sales & Business Development Regional Sales Manager Salary 12 - 16 years exp. (3 salaries)	₹10.7 L/yr - ₹14.2 L/yr
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Strategic & Top Management Regional Sales Manager Salary 15 - 16 years exp. (AmbitionBox Estimate)	₹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
SBI General Insurance Regional Sales Manager Salary 13 - 22 years exp. (46 salaries)	₹11 L/yr - ₹36 L/yr 61% more
Aditya Birla Health Insurance Co Regional Sales Manager Salary 9 - 20 years exp. (32 salaries)	₹13 L/yr - ₹24.5 L/yr 31% more
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Cholamandalam MS General Insurance Regional Sales Manager Salary 15 - 27 years exp. (9 salaries)	₹19.5 L/yr - ₹24 L/yr 56% more
Star Union Dai-ichi Life Insurance Regional Sales Manager Salary 9 - 22 years exp. (9 salaries)	₹15 L/yr - ₹27 L/yr 37% more
Axis Max Life Insurance Regional Sales Manager Salary 10 - 24 years exp. (6 salaries)	₹11.8 L/yr - ₹28 L/yr 23% more
Bharti AXA Life Insurance Regional Sales Manager Salary 12 - 19 years exp. (5 salaries)	₹15.5 L/yr - ₹22 L/yr 38% more
Future Generali India Life Insurance Regional Sales Manager Salary 14 - 18 years exp. (5 salaries)	₹8.3 L/yr - ₹12 L/yr 25% less
ManipalCigna Health Insurance Regional Sales Manager Salary 13 - 19 years exp. (5 salaries)	₹10.9 L/yr - ₹15.3 L/yr 5% less
Edelweiss Life Insurance Regional Sales Manager Salary 5 - 25 years exp. (4 salaries)	₹4.3 L/yr - ₹33 L/yr 14% more
Liberty General Insurance Regional Sales Manager Salary 16 - 21 years exp. (4 salaries)	₹18 L/yr - ₹25.4 L/yr 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.

Experience wise Royal Sundaram General Insurance Regional Sales Manager salaries

Last Updated: 30 Dec 2023

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹10.7 L/yr - ₹23.7 L/yr
12 years (4 salaries)	₹9 L/yr - ₹24 L/yr
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13 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹24.3 L/yr
14 years (AmbitionBox Estimate)	₹9 L/yr - ₹24.7 L/yr
15+ years (6 salaries)	₹10.7 L/yr - ₹19.4 L/yr

Similar Designation salaries in Royal Sundaram General Insurance

Territory Sales Manager Salary

(338 salaries)

₹2.73 L/yr - ₹7.25 L/yr

Area Sales Manager Salary

(76 salaries)

₹5.5 L/yr - ₹14.64 L/yr

Territory Manager Salary

(35 salaries)

₹3.7 L/yr - ₹7.2 L/yr

Sales Officer Salary

(24 salaries)

₹1 L/yr - ₹4.6 L/yr

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

Relationship Manager Salary

(10 salaries)

₹3 L/yr - ₹5.2 L/yr

State Head Salary

(9 salaries)

₹8.1 L/yr - ₹19.5 L/yr

Key Relationship Manager Salary

(8 salaries)

₹13.3 L/yr - ₹30 L/yr

TSM Salary

(7 salaries)

₹3 L/yr - ₹6.8 L/yr

Salary related reviews for Royal Sundaram General Insurance

3.7

Rated by 4 employees for salary & benefits

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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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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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.

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Royal Sundaram General Insurance Regional Sales Manager Salaries by Location

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Royal Sundaram General Insurance Regional Sales Manager Salaries

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

Royal Sundaram General Insurance Regional Sales Manager salaries in India

Companies similar to Royal Sundaram General Insurance for Regional Sales Manager

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

Experience wise Royal Sundaram General Insurance Regional Sales Manager salaries

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 Regional Sales Manager Salary FAQs

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Royal Sundaram General Insurance Regional Sales Manager Salaries by Location