Royal Sundaram General Insurance Relationship Officer Salaries by 3 Employees

1 - 15 years exp.

₹4.5 Lakhs - ₹6.8 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

85% more than the average Relationship Officer Salary in Insurance Companies for 1 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading Relationship Officer Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹4.9 L/yr
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Sales & Business Development Relationship Officer Salary 15 years exp. (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.5 L/yr

Last Updated: 10 Mar 2023

Companies similar to Royal Sundaram General Insurance for Relationship Officer

Company name	Avg Annual Salary	Open Jobs
Aviva Life Insurance India Relationship Officer Salary 0 - 5 years exp. (138 salaries)	₹1.8 L/yr - ₹3.5 L/yr 50% less
Star Union Dai-ichi Life Insurance Relationship Officer Salary 2 - 8 years exp. (123 salaries)	₹2.5 L/yr - ₹4.9 L/yr 34% less
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Bharti AXA Life Insurance Relationship Officer Salary 0 - 4 years exp. (101 salaries)	₹1.7 L/yr - ₹3.2 L/yr 55% less
Axis Max Life Insurance Relationship Officer Salary 0 - 6 years exp. (80 salaries)	₹2 L/yr - ₹3.3 L/yr 53% less
ManipalCigna Health Insurance Relationship Officer Salary 0 - 7 years exp. (11 salaries)	₹2.2 L/yr - ₹2.5 L/yr 56% less
Liberty General Insurance Relationship Officer Salary 1 - 8 years exp. (8 salaries)	₹3 L/yr - ₹3.7 L/yr 35% less
SBI General Insurance Relationship Officer Salary 0 - 7 years exp. (7 salaries)	₹1.6 L/yr - ₹3.9 L/yr 43% less
Cholamandalam MS General Insurance Relationship Officer Salary 0 - 6 years exp. (7 salaries)	₹3.1 L/yr - ₹5 L/yr 31% less
Aditya Birla Health Insurance Co Relationship Officer Salary 0 - 2 years exp. (7 salaries)	₹2.3 L/yr - ₹3 L/yr 50% less
CignaTTk Health Insurance Relationship Officer Salary 0 - 16 years exp. (5 salaries)	₹2.2 L/yr - ₹3.5 L/yr 48% less
IndiaFirst Life Insurance Relationship Officer Salary 0 - 6 years exp. (5 salaries)	₹2.8 L/yr - ₹3.9 L/yr 39% less	1 job opening
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Future Generali India Life Insurance Relationship Officer Salary 0 - 6 years exp. (5 salaries)	₹2 L/yr - ₹3.2 L/yr 51% less
Edelweiss Life Insurance Relationship Officer Salary 1 - 3 years exp. (5 salaries)	₹2.5 L/yr - ₹5 L/yr 39% less
Shriram General Insurance Relationship Officer Salary 1 - 2 years exp. (4 salaries)	₹2 L/yr - ₹3 L/yr 56% less
Universal Sompo General Insurance Relationship Officer Salary 2 - 10 years exp. (4 salaries)	₹2.6 L/yr - ₹4.5 L/yr 37% less

Relationship Officer salary at Royal Sundaram General Insurance ranges between ₹4.5 Lakhs to ₹6.8 Lakhs per year for employees with experience between 1 year to 15 years. Salary estimates are based on 3 latest salaries received from various employees of Royal Sundaram General Insurance.

Experience wise Royal Sundaram General Insurance Relationship Officer salaries

Last Updated: 10 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
2 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
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15+ years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr

Similar Designation salaries in Royal Sundaram General Insurance

Relationship Manager Salary

(10 salaries)

₹3 L/yr - ₹5.2 L/yr

Sales Officer Salary

(24 salaries)

₹1 L/yr - ₹4.6 L/yr

Senior Sales Officer Salary

(5 salaries)

₹2.8 L/yr - ₹4.1 L/yr

Branch Manager Salary

(24 salaries)

₹4.5 L/yr - ₹11 L/yr

Deputy Manager Salary

(11 salaries)

₹12 L/yr - ₹17.39 L/yr

Sales Manager Salary

(18 salaries)

₹1.8 L/yr - ₹8.87 L/yr

Sales Executive Salary

(25 salaries)

₹1.5 L/yr - ₹5 L/yr

Senior Associate Salary

(17 salaries)

₹2 L/yr - ₹4 L/yr

Management Trainee Salary

(5 salaries)

₹2.4 L/yr - ₹10.75 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.3 L/yr

Salary related reviews for Royal Sundaram General Insurance

4.0

Rated by 1 employees for salary & benefits

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

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.

Job security - Good

+2 more

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.

Promotions - Poor

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 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.

Salary - Poor

+5 more

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Salary Discussions, Hike & Promotions

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 Relationship Officer Salary FAQs

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

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

Experience	Average Salary Range
1 year	₹4.1 Lakhs to ₹5.2 Lakhs per year
2 years	₹4.4 Lakhs to ₹5.6 Lakhs per year
15 years	₹6.1 Lakhs to ₹7.8 Lakhs per year

and so on.

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Royal Sundaram General Insurance Relationship Officer Salaries

Royal Sundaram General Insurance Relationship Officer salary in India ranges between ₹4.5 Lakhs to ₹6.8 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.