Royal Sundaram General Insurance Sales Associate Salaries by 6 Employees

2 - 6 years exp.

₹2.4 Lakhs - ₹3.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

12% less than the average Sales Associate Salary in Insurance Companies for 2 - 6 years of experience

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Last Updated: 23 May 2024

Companies similar to Royal Sundaram General Insurance for Sales Associate

Company name	Avg Annual Salary	Open Jobs
Future Generali India Life Insurance Sales Associate Salary 0 - 8 years exp. (34 salaries)	₹1.5 L/yr - ₹3.6 L/yr 14% less
Liberty General Insurance Sales Associate Salary 0 - 5 years exp. (26 salaries)	₹2 L/yr - ₹3.5 L/yr 3% less
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Aditya Birla Health Insurance Co Sales Associate Salary 0 - 3 years exp. (15 salaries)	₹2.8 L/yr - ₹3.5 L/yr 10% more
Axis Max Life Insurance Sales Associate Salary 1 - 5 years exp. (9 salaries)	₹2.4 L/yr - ₹5 L/yr 6% more
Bharti AXA Life Insurance Sales Associate Salary 0 - 2 years exp. (6 salaries)	₹1 L/yr - ₹3 L/yr 23% less
Allianz Partners Sales Associate Salary 1 - 7 years exp. (5 salaries)	₹4.3 L/yr - ₹5 L/yr 64% more
Edelweiss Life Insurance Sales Associate Salary 0 - 5 years exp. (4 salaries)	₹7.1 L/yr - ₹8 L/yr 166% more
Allianz Services Sales Associate Salary 0 - 4 years exp. (4 salaries)	₹3.3 L/yr - ₹3.6 L/yr 20% more
Shriram General Insurance Sales Associate Salary 1 - 5 years exp. (3 salaries)	₹1.2 L/yr - ₹3.5 L/yr 3% less

Sales Associate salary at Royal Sundaram General Insurance ranges between ₹2.4 Lakhs to ₹3.2 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 6 latest salaries received from various employees of Royal Sundaram General Insurance.

Experience wise Royal Sundaram General Insurance Sales Associate salaries

Last Updated: 23 May 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr
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4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
5 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
6 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr

Similar Designation salaries in Royal Sundaram General Insurance

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₹1.5 L/yr - ₹5 L/yr

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(24 salaries)

₹1 L/yr - ₹4.6 L/yr

Sales Manager Salary

(18 salaries)

₹1.8 L/yr - ₹8.87 L/yr

Salesman Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Team Lead Salary

(15 salaries)

₹3.5 L/yr - ₹8.04 L/yr

Area Sales Manager Salary

(76 salaries)

₹5.5 L/yr - ₹14.64 L/yr

Area Sales Executive Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Deputy Manager Salary

(11 salaries)

₹12 L/yr - ₹17.39 L/yr

Senior Sales Officer Salary

(5 salaries)

₹2.8 L/yr - ₹4.1 L/yr

Senior Sales Executive Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Top skills at Royal Sundaram General Insurance for Sales Associate

Auto Loans Automobile

Salary related reviews for Royal Sundaram General Insurance

5.0

Rated by 1 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

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

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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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 Sales Associate Salary FAQs

What is the salary of Sales Associate at Royal Sundaram General Insurance ?

The average salary of a Sales Associate at Royal Sundaram General Insurance in India typically ranges from ₹2.4 Lakhs to ₹3.2 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Sales Associate at Royal Sundaram General Insurance earn more than ₹3.2 Lakhs per year, and the top 1% earn over ₹3.2 Lakhs per year. Sales Associate 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 6 Royal Sundaram General Insurance employees in India.

What is the estimated take home salary of a Sales Associate at Royal Sundaram General Insurance in India?

The estimated take-home salary of a Sales Associate at Royal Sundaram General Insurance in India typically ranges from ₹20,010 to ₹21,674 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹3.2 Lakhs per year for employees with experience ranging from 2 years to 6 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 6 salaries received from various employees of Royal Sundaram General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Sales Associate at Royal Sundaram General Insurance ?

To be a Sales Associate at Royal Sundaram General Insurance in india, the key skills required include:

- Auto Loans
- Automobile

These skills are highly valued at Royal Sundaram General Insurance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Royal Sundaram General Insurance for Sales Associate in India?

Edelweiss Life Insurance	₹7.1 Lakhs to ₹8.0 Lakhs per year
Allianz Partners	₹4.3 Lakhs to ₹5.0 Lakhs per year
Allianz Services	₹3.3 Lakhs to ₹3.6 Lakhs per year
Aditya Birla Health Insurance Co	₹2.8 Lakhs to ₹3.5 Lakhs per year
Axis Max Life Insurance	₹2.4 Lakhs to ₹5.0 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 Sales Associate in companies similar to Royal Sundaram General Insurance in India?

The salary of a Sales Associate 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:

Shriram General Insurance	₹1.2 Lakhs to ₹3.5 Lakhs per year
Liberty General Insurance	₹2.0 Lakhs to ₹3.5 Lakhs per year
Future Generali India Life Insurance	₹1.5 Lakhs to ₹3.6 Lakhs per year
Bharti AXA Life Insurance	₹1.0 Lakhs to ₹3.0 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 Sales Associate at Royal Sundaram General Insurance in India?

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

Experience	Average Salary Range
2 years	₹2.4 Lakhs to ₹3.1 Lakhs per year
3 years	₹2.5 Lakhs to ₹3.1 Lakhs per year
4 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
5 years	₹2.6 Lakhs to ₹3.3 Lakhs per year

and so on.

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Royal Sundaram General Insurance Sales Associate Salaries

Royal Sundaram General Insurance Sales Associate salary in India ranges between ₹2.4 Lakhs to ₹3.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Royal Sundaram General Insurance latest salaries received from various employees of Royal Sundaram General Insurance.