Royal Sundaram General Insurance Chennai Sales Manager Salaries by 4 Employees

2 - 5 years exp.

₹3 Lakhs - ₹4.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

38% less than the average Sales Manager Salary in Insurance Companies for 2 - 5 years of experience

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Last Updated: 7 Dec 2023

Companies similar to Royal Sundaram General Insurance for Sales Manager in Chennai

Royal Sundaram General Insurance Sales Manager Salary

2 - 5 years exp. (4 salaries)

₹3 L/yr - ₹4.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Max Life Insurance Sales Manager Salary 0 - 9 years exp. (43 salaries)	₹3 L/yr - ₹5.5 L/yr 10% more	2 job openings
Cholamandalam MS General Insurance Sales Manager Salary 1 - 10 years exp. (11 salaries)	₹3.2 L/yr - ₹5 L/yr 6% more
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Aviva Life Insurance India Sales Manager Salary 2 - 11 years exp. (5 salaries)	₹3.3 L/yr - ₹5 L/yr 5% more
Edelweiss Life Insurance Sales Manager Salary 4 - 7 years exp. (5 salaries)	₹4 L/yr - ₹6 L/yr 10% more
IndiaFirst Life Insurance Sales Manager Salary 5 - 8 years exp. (4 salaries)	₹4 L/yr - ₹4.3 L/yr At par

Sales Manager salary at Royal Sundaram General Insurance ranges between ₹3 Lakhs to ₹4.2 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Royal Sundaram General Insurance.

Experience wise Royal Sundaram General Insurance Sales Manager salaries in Chennai

Last Updated: 7 Dec 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
3 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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4 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
5 years (3 salaries)	₹3 L/yr - ₹7.4 L/yr

Similar Designation salaries in Royal Sundaram General Insurance

Sales Executive Salary

(20 salaries)

₹1.5 L/yr - ₹5 L/yr

Deputy Manager Salary

(6 salaries)

₹12 L/yr - ₹17 L/yr

Area Sales Manager Salary

(4 salaries)

₹7.7 L/yr - ₹10.6 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

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

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 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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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 Sales Manager Salary FAQs

What is the salary of Sales Manager at Royal Sundaram General Insurance in Chennai?

The average salary of a Sales Manager at Royal Sundaram General Insurance in Chennai typically ranges from ₹3.0 Lakhs to ₹4.2 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Sales Manager in Chennai at Royal Sundaram General Insurance earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 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 4 Royal Sundaram General Insurance employees in India.

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

The estimated take-home salary of a Sales Manager at Royal Sundaram General Insurance in Chennai typically ranges from ₹30,352 to ₹31,661 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹4.2 Lakhs per year for employees with experience ranging from 2 years to 5 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 4 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 in Chennai?

To be a Sales Manager at Royal Sundaram General Insurance in Chennai, 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?

Edelweiss Life Insurance	₹4.0 Lakhs to ₹6.0 Lakhs per year
Axis Max Life Insurance	₹3.0 Lakhs to ₹5.5 Lakhs per year
Cholamandalam MS General Insurance	₹3.2 Lakhs to ₹5.0 Lakhs per year
Aviva Life Insurance India	₹3.3 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 Manager in companies similar to Royal Sundaram General Insurance in Chennai?

The salary of a Sales Manager at companies similar to Royal Sundaram General Insurance in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IndiaFirst Life Insurance

₹4.0 Lakhs to ₹4.3 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 Chennai?

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

Experience	Average Salary Range
2 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
3 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
4 years	₹3.7 Lakhs to ₹4.7 Lakhs per year
5 years	₹3.0 Lakhs to ₹7.4 Lakhs per year

and so on.

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Royal Sundaram General Insurance Sales Manager Salaries in Chennai

Royal Sundaram General Insurance Sales Manager salary in Chennai ranges between ₹3 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Royal Sundaram General Insurance latest salaries received from various employees of Royal Sundaram General Insurance.