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Royal Sundaram General Insurance Sales Manager salaries in India

Annual salary range
1 - 10 years exp.
₹1.8 Lakh - ₹8.9 Lakhs
Salary of majority employees
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41% less than the average Sales Manager Salary in Insurance Companies for 1 - 10 years of experience

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Salaries in different departments

Sales & Business Development
Sales Manager Salary
3 - 10 years exp. (7 salaries)
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₹3.2 L/yr - ₹10 L/yr

BFSI, Investments & Trading
Sales Manager Salary
2 - 7 years exp. (5 salaries)
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₹1.8 L/yr - ₹5.8 L/yr

Last Updated: 12 Oct 2024

Companies similar to Royal Sundaram General Insurance for Sales Manager

Company name Avg Annual Salary Open Jobs
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Axis Max Life Insurance Sales Manager Salary

0 - 10 years exp. (614 salaries)

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₹2.7 L/yr - ₹6.2 L/yr

arrow icon 11% more
4 job openings
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₹2.6 L/yr - ₹5.1 L/yr

arrow icon 2% less
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₹2.2 L/yr - ₹6.3 L/yr

arrow icon 8% less
43 job openings
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₹1.7 L/yr - ₹6 L/yr

arrow icon 1% more
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Bharti AXA Life Insurance Sales Manager Salary

1 - 12 years exp. (119 salaries)

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₹2.1 L/yr - ₹7.4 L/yr

arrow icon 3% more
1 job opening
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Aviva Life Insurance India Sales Manager Salary

1 - 13 years exp. (111 salaries)

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₹1.9 L/yr - ₹5.3 L/yr

arrow icon 6% less
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Edelweiss Life Insurance Sales Manager Salary

3 - 9 years exp. (41 salaries)

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₹2.5 L/yr - ₹6 L/yr

arrow icon 5% less
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₹2.4 L/yr - ₹5.2 L/yr

arrow icon 8% less
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₹2.9 L/yr - ₹7.6 L/yr

arrow icon 10% more
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MetLife Sales Manager Salary

1 - 7 years exp. (22 salaries)

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₹1.8 L/yr - ₹4 L/yr

arrow icon 21% less
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₹2.4 L/yr - ₹6.1 L/yr

arrow icon 3% less
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SBI General Insurance Sales Manager Salary

1 - 11 years exp. (19 salaries)

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₹2 L/yr - ₹6.2 L/yr

arrow icon 3% more
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₹3.3 L/yr - ₹7.3 L/yr

arrow icon 9% more
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Liberty General Insurance Sales Manager Salary

4 - 10 years exp. (16 salaries)

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₹2.8 L/yr - ₹8.2 L/yr

arrow icon 32% more
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₹3 L/yr - ₹6 L/yr

arrow icon 8% less
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Bajaj Capital Insurance Sales Manager Salary

1 - 7 years exp. (14 salaries)

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₹0.3 L/yr - ₹4.3 L/yr

arrow icon 44% less
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₹2.1 L/yr - ₹6.5 L/yr

arrow icon 32% more
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Aegon Life Insurance Sales Manager Salary

3 - 9 years exp. (12 salaries)

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₹3.5 L/yr - ₹6 L/yr

arrow icon 7% more
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₹2.5 L/yr - ₹3.5 L/yr

arrow icon 26% less
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₹2.9 L/yr - ₹3.1 L/yr

arrow icon 28% less
View all
Sales Manager salary at Royal Sundaram General Insurance ranges between ₹1.8 Lakh to ₹8.9 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 18 latest salaries received from various employees of Royal Sundaram General Insurance.

Latest annual salaries shared by Royal Sundaram General Insurance Sales Manager

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Experience wise Royal Sundaram General Insurance Sales Manager salaries

Last Updated: 12 Oct 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹3.9 L/yr - ₹7.2 L/yr
2 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹7.3 L/yr
3 years  (4 salaries)

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₹1.8 L/yr - ₹6 L/yr
4 years  (4 salaries)

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₹3.2 L/yr - ₹7 L/yr
5 years  (4 salaries)

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₹3 L/yr - ₹7.4 L/yr
View all

Similar Designation salaries in Royal Sundaram General Insurance

Area Manager Salary
(7 salaries)
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₹9 L/yr - ₹18.5 L/yr
Branch Manager Salary
(24 salaries)
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₹4.5 L/yr - ₹11 L/yr
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₹5.5 L/yr - ₹14.64 L/yr
Sales Officer Salary
(24 salaries)
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₹1 L/yr - ₹4.6 L/yr
Deputy Manager Salary
(11 salaries)
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₹12 L/yr - ₹17.39 L/yr
Business Manager Salary
(AmbitionBox Estimate)
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₹10.7 L/yr - ₹13.7 L/yr
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₹3.8 L/yr - ₹5.6 L/yr
Marketing Manager Salary
(AmbitionBox Estimate)
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₹3.7 L/yr - ₹4.7 L/yr
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₹18.83 L/yr - ₹21 L/yr
Sales Executive Salary
(26 salaries)
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₹1.5 L/yr - ₹5 L/yr

Top skills at Royal Sundaram General Insurance for Sales Manager

Working Capital equipment finance Business Loan term loan Business Development Management Territory Management Area Sales Management Agency Channel

Salary related reviews for Royal Sundaram General Insurance

3.1

Rated by 12 employees for salary & benefits

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.

read more
  • Promotions - Poor

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

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

read more
  • 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

read more
  • 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

read more
  • 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.

read more
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Royal Sundaram General Insurance Sales Manager Salary FAQs

What is the salary of Sales Manager at Royal Sundaram General Insurance ?
The average salary of a Sales Manager at Royal Sundaram General Insurance in India typically ranges from ₹1.8 Lakhs to ₹8.9 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of Sales Manager at Royal Sundaram General Insurance earn more than ₹7.1 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. 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 Sales Manager at Royal Sundaram General Insurance in India?
The estimated take-home salary of a Sales Manager at Royal Sundaram General Insurance in India typically ranges from ₹30,549 to ₹31,855 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹8.9 Lakhs per year for employees with experience ranging from 1 year to 10 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.
What are the key skills required to be a Sales Manager at Royal Sundaram General Insurance ?
To be a Sales Manager at Royal Sundaram General Insurance in india, the key skills required include:

  • - Working Capital
  • - equipment finance
  • - Business Loan
  • - term loan
  • - Business Development Management

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 Manager in India?
Allianz Partners ₹15.0 Lakhs to ₹18.5 Lakhs per year
Medi Assist India ₹1.9 Lakhs to ₹14.2 Lakhs per year
Universal Sompo General Insurance ₹2.1 Lakhs to ₹6.5 Lakhs per year
Liberty General Insurance ₹2.8 Lakhs to ₹8.2 Lakhs per year
Axis Max Life Insurance ₹2.7 Lakhs to ₹6.2 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 Manager in companies similar to Royal Sundaram General Insurance in India?
The salary of a 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:

Ageas Federal Life Insurance ₹2.9 Lakhs to ₹7.6 Lakhs per year
Magma HDI General Insurance ₹3.3 Lakhs to ₹7.3 Lakhs per year
Aegon Life Insurance ₹3.5 Lakhs to ₹6.0 Lakhs per year
SBI General Insurance ₹2.0 Lakhs to ₹6.2 Lakhs per year
Bharti AXA Life Insurance ₹2.1 Lakhs to ₹7.4 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 Manager at Royal Sundaram General Insurance in India?
The salary growth for a Sales Manager at Royal Sundaram General Insurance depends on factors such as experience, performance, and promotions. On average, a Sales Manager can expect the following growth trajectory at Royal Sundaram General Insurance:

Experience Average Salary Range
1 year ₹3.9 Lakhs to ₹7.2 Lakhs per year
2 years ₹3.7 Lakhs to ₹7.3 Lakhs per year
3 years ₹1.8 Lakhs to ₹6.0 Lakhs per year
4 years ₹3.2 Lakhs to ₹7.0 Lakhs per year
and so on.

Tell us how to improve this page.

Royal Sundaram General Insurance Sales Manager salary in India ranges between ₹1.8 Lakh to ₹8.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 18 Royal Sundaram General Insurance latest salaries received from various employees of Royal Sundaram General Insurance.