Royal Sundaram General Insurance Mumbai Sales Manager Salaries by 3 Employees (Updated 2025)

1 - 4 years exp.

₹1.8 Lakh - ₹5.5 Lakhs

Low Confidence

Salary of majority employees

40% less than the average Sales Manager Salary in Insurance Companies for 1 - 4 years of experience

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Last Updated: 11 Jan 2024

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

Royal Sundaram General Insurance Sales Manager Salary

1 - 4 years exp. (3 salaries)

₹1.8 L/yr - ₹5.5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Sales Manager Salary 1 - 14 years exp. (97 salaries)	₹3.5 L/yr - ₹11.6 L/yr 66% more	1 job opening
HDFC Ergo General Insurance Sales Manager Salary 1 - 8 years exp. (26 salaries)	₹3 L/yr - ₹6.5 L/yr 6% more
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Bajaj Allianz General Insurance Sales Manager Salary 0 - 12 years exp. (70 salaries)	₹2.4 L/yr - ₹6.6 L/yr 14% more	71 job openings
Reliance General Insurance Sales Manager Salary 0 - 14 years exp. (97 salaries)	₹2.5 L/yr - ₹7.8 L/yr 29% more
Tata AIG Sales Manager Salary 2 - 13 years exp. (30 salaries)	₹3.2 L/yr - ₹9.4 L/yr 59% more
Future Generali India Life Insurance Sales Manager Salary 0 - 10 years exp. (23 salaries)	₹2.2 L/yr - ₹4.8 L/yr 9% less	39 job openings
Axis Max Life Insurance Sales Manager Salary 0 - 10 years exp. (74 salaries)	₹2.3 L/yr - ₹6 L/yr 10% more	5 job openings
Aditya Birla Health Insurance Co Sales Manager Salary 0 - 7 years exp. (67 salaries)	₹2.7 L/yr - ₹5.1 L/yr 1% less
Bharti AXA Life Insurance Sales Manager Salary 2 - 9 years exp. (12 salaries)	₹2.3 L/yr - ₹7 L/yr 8% more	1 job opening
Cholamandalam MS General Insurance Sales Manager Salary 4 - 10 years exp. (4 salaries)	₹3.9 L/yr - ₹6.5 L/yr 4% more
Aviva Life Insurance India Sales Manager Salary 2 - 5 years exp. (3 salaries)	₹3 L/yr - ₹4.5 L/yr 5% less
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Edelweiss Life Insurance Sales Manager Salary 4 - 10 years exp. (3 salaries)	₹3.2 L/yr - ₹4 L/yr 6% less

Sales Manager salary at Royal Sundaram General Insurance ranges between ₹1.8 Lakh to ₹5.5 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 3 latest salaries received from various employees of Royal Sundaram General Insurance.

Experience wise Royal Sundaram General Insurance Sales Manager salaries in Mumbai

Last Updated: 11 Jan 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.9 L/yr - ₹7.2 L/yr
2 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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3 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹7.3 L/yr
4 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹5.5 L/yr

Similar Designation salaries in Royal Sundaram General Insurance

Area Sales Manager Salary

(14 salaries)

₹7.25 L/yr - ₹12 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

5.0

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

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.

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1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Royal Sundaram General Insurance Sales Manager Salary FAQs

What is the notice period for Sales Manager at Royal Sundaram General Insurance in Mumbai?

According to AmbitionBox, 50% of the Royal Sundaram General Insurance Sales Managers in Mumbai reported a notice period of 15 days or less, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Royal Sundaram General Insurance Sales Manager Salaries in Mumbai

Royal Sundaram General Insurance Sales Manager salary in Mumbai ranges between ₹1.8 Lakh to ₹5.5 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.