Royal Sundaram General Insurance Sales Officer Salaries by 20+ Employees

0 - 7 years exp.

₹1 Lakh - ₹4.6 Lakhs

Salary of majority employees

13% less than the average Sales Officer Salary in Insurance Companies for 0 - 7 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Sales Officer Salary 0 - 6 years exp. (4 salaries)	₹1.4 L/yr - ₹3.9 L/yr
Sales & Business Development Sales Officer Salary 1 - 7 years exp. (4 salaries)	₹1 L/yr - ₹4 L/yr
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Finance & Accounting Sales Officer Salary 3 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.3 L/yr

Last Updated: 2 Nov 2024

Companies similar to Royal Sundaram General Insurance for Sales Officer

Company name	Avg Annual Salary	Open Jobs
Star Union Dai-ichi Life Insurance Sales Officer Salary 0 - 10 years exp. (109 salaries)	₹1.6 L/yr - ₹5 L/yr 12% more
Axis Max Life Insurance Sales Officer Salary 0 - 5 years exp. (54 salaries)	₹1.8 L/yr - ₹4 L/yr 11% less
Login to view exact salary
Cholamandalam MS General Insurance Sales Officer Salary 2 - 7 years exp. (26 salaries)	₹2 L/yr - ₹4.5 L/yr 7% less
Future Generali India Life Insurance Sales Officer Salary 0 - 7 years exp. (26 salaries)	₹1.3 L/yr - ₹5 L/yr 3% more
Aviva Life Insurance India Sales Officer Salary 0 - 5 years exp. (11 salaries)	₹1.2 L/yr - ₹3.1 L/yr 33% less
Aditya Birla Health Insurance Co Sales Officer Salary 1 - 5 years exp. (10 salaries)	₹3 L/yr - ₹4 L/yr 14% more
Liberty General Insurance Sales Officer Salary 2 - 8 years exp. (7 salaries)	₹1.8 L/yr - ₹4.2 L/yr 5% less
IndiaFirst Life Insurance Sales Officer Salary 0 - 10 years exp. (6 salaries)	₹3.3 L/yr - ₹4 L/yr 23% more
SBI General Insurance Sales Officer Salary 2 - 6 years exp. (5 salaries)	₹2 L/yr - ₹5 L/yr 3% more
Bajaj Capital Insurance Sales Officer Salary 1 - 2 years exp. (5 salaries)	₹1.5 L/yr - ₹2.1 L/yr 37% less
Edelweiss Life Insurance Sales Officer Salary 1 - 8 years exp. (5 salaries)	₹4 L/yr - ₹5 L/yr 47% more
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Shriram General Insurance Sales Officer Salary 2 - 10 years exp. (5 salaries)	₹1.9 L/yr - ₹3 L/yr 24% less
ManipalCigna Health Insurance Sales Officer Salary 2 - 3 years exp. (4 salaries)	₹2.5 L/yr - ₹3.5 L/yr 8% more
Universal Sompo General Insurance Sales Officer Salary 2 - 10 years exp. (4 salaries)	₹2.1 L/yr - ₹2.4 L/yr 29% less
Medi Assist India Sales Officer Salary 0 - 6 years exp. (3 salaries)	₹1 L/yr - ₹4 L/yr 35% less

Sales Officer salary at Royal Sundaram General Insurance ranges between ₹1 Lakh to ₹4.6 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 24 latest salaries received from various employees of Royal Sundaram General Insurance.

Experience wise Royal Sundaram General Insurance Sales Officer salaries

Last Updated: 2 Nov 2024

Experience	Avg Annual Salary
Fresher (6 salaries)	₹1.4 L/yr - ₹5.1 L/yr
1 year (10 salaries)	₹1 L/yr - ₹3.8 L/yr
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2 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹4 L/yr
3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹4.6 L/yr
4 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹4.6 L/yr
5 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
6 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.9 L/yr
7 years (3 salaries)	₹3 L/yr - ₹3.5 L/yr

View all

From

Sales Officer

0 - 7 years exp.

Territory Sales Manager

4 - 12 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Royal Sundaram General Insurance

Area Sales Officer Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Sales Engineer Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Sales Manager Salary

(18 salaries)

₹1.8 L/yr - ₹8.87 L/yr

Senior Sales Officer Salary

(5 salaries)

₹2.8 L/yr - ₹4.1 L/yr

Sales Executive Salary

(26 salaries)

₹1.5 L/yr - ₹5 L/yr

Sales Associate Salary

(6 salaries)

₹2.4 L/yr - ₹3.2 L/yr

Relationship Officer Salary

(3 salaries)

₹4.5 L/yr - ₹6.8 L/yr

Area Sales Manager Salary

(76 salaries)

₹5.5 L/yr - ₹14.64 L/yr

Deputy Manager Salary

(11 salaries)

₹12 L/yr - ₹17.39 L/yr

Team Lead Salary

(15 salaries)

₹3.5 L/yr - ₹6.5 L/yr

Top skills at Royal Sundaram General Insurance for Sales Officer

Sales General Insurance channel management Bancassurance Corporate Sales banca sales Insurance banca Sales Executive Activities Life Insurance Insurance Sales Health Insurance Direct Sales Sales Entry Sales Management

Salary related reviews for Royal Sundaram General Insurance

3.5

Rated by 12 employees for salary & benefits

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 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

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

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Royal Sundaram General Insurance Sales Officer Salary FAQs

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

The average salary of a Sales Officer at Royal Sundaram General Insurance in India typically ranges from ₹1.0 Lakhs to ₹4.6 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Sales Officer at Royal Sundaram General Insurance earn more than ₹4.1 Lakhs per year, and the top 1% earn over ₹4.6 Lakhs per year. Sales Officer 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 20+ Royal Sundaram General Insurance employees in India.

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

The estimated take-home salary of a Sales Officer at Royal Sundaram General Insurance in India typically ranges from ₹22,220 to ₹23,700 per month. This is based on the average salary range of ₹1.0 Lakhs to ₹4.6 Lakhs per year for employees with experience ranging from Fresher to 7 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 20+ 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 Officer at Royal Sundaram General Insurance ?

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

- Sales
- General Insurance
- channel management
- Bancassurance
- Corporate Sales

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 Officer in India?

Edelweiss Life Insurance	₹4.0 Lakhs to ₹5.0 Lakhs per year
IndiaFirst Life Insurance	₹3.3 Lakhs to ₹4.0 Lakhs per year
Aditya Birla Health Insurance Co	₹3.0 Lakhs to ₹4.0 Lakhs per year
Star Union Dai-ichi Life Insurance	₹1.6 Lakhs to ₹5.0 Lakhs per year
ManipalCigna Health Insurance	₹2.5 Lakhs to ₹3.5 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 Officer in companies similar to Royal Sundaram General Insurance in India?

The salary of a Sales Officer 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:

Future Generali India Life Insurance	₹1.3 Lakhs to ₹5.0 Lakhs per year
SBI General Insurance	₹2.0 Lakhs to ₹5.0 Lakhs per year
Liberty General Insurance	₹1.8 Lakhs to ₹4.2 Lakhs per year
Cholamandalam MS General Insurance	₹2.0 Lakhs to ₹4.5 Lakhs per year
Axis Max Life Insurance	₹1.8 Lakhs to ₹4.0 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 Officer at Royal Sundaram General Insurance in India?

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

Experience	Average Salary Range
Fresher	₹1.4 Lakhs to ₹5.1 Lakhs per year
1 year	₹1.0 Lakhs to ₹3.8 Lakhs per year
2 years	₹1.2 Lakhs to ₹4.0 Lakhs per year
3 years	₹2.5 Lakhs to ₹4.6 Lakhs per year

and so on.

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Royal Sundaram General Insurance Sales Officer Salaries

Royal Sundaram General Insurance Sales Officer salary in India ranges between ₹1 Lakh to ₹4.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 24 Royal Sundaram General Insurance latest salaries received from various employees of Royal Sundaram General Insurance.