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Royal Sundaram General Insurance Senior Manager salaries in India

Annual salary range
6 - 18 years exp.
₹3.5 Lakhs - ₹10 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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64% less than the average Senior Manager Salary in Insurance Companies for 6 - 18 years of experience

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Salaries in different departments

Sales & Business Development
Senior Manager Salary
6 - 18 years exp. (AmbitionBox Estimate)
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₹3.5 L/yr - ₹10 L/yr

BFSI, Investments & Trading
Senior Manager Salary
13 years exp. (AmbitionBox Estimate)
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₹8.1 L/yr - ₹10 L/yr

Last Updated: 17 Mar 2023

Companies similar to Royal Sundaram General Insurance for Senior Manager

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

5 - 17 years exp. (344 salaries)

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₹8 L/yr - ₹30.8 L/yr

arrow icon 134% more
2 job openings
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₹3.5 L/yr - ₹11.1 L/yr

arrow icon 8% more
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SBI General Insurance Senior Manager Salary

5 - 16 years exp. (95 salaries)

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₹5 L/yr - ₹20 L/yr

arrow icon 53% more
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MetLife Senior Manager Salary

10 - 18 years exp. (90 salaries)

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₹19 L/yr - ₹48.4 L/yr

arrow icon 357% more
1 job opening
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₹10 L/yr - ₹31.5 L/yr

arrow icon 149% more
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Medi Assist India Senior Manager Salary

8 - 19 years exp. (72 salaries)

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₹6.7 L/yr - ₹18.4 L/yr

arrow icon 69% more
3 job openings
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IndiaFirst Life Insurance Senior Manager Salary

4 - 17 years exp. (71 salaries)

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₹6 L/yr - ₹22.5 L/yr

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₹9 L/yr - ₹28 L/yr

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1 job opening
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₹10.5 L/yr - ₹23 L/yr

arrow icon 108% more
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Bharti AXA Life Insurance Senior Manager Salary

6 - 17 years exp. (64 salaries)

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₹10.8 L/yr - ₹20.1 L/yr

arrow icon 47% more
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₹6 L/yr - ₹24.5 L/yr

arrow icon 88% more
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Aegon Life Insurance Senior Manager Salary

4 - 16 years exp. (49 salaries)

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₹7 L/yr - ₹23 L/yr

arrow icon 65% more
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Axa XL Senior Manager Salary

7 - 17 years exp. (48 salaries)

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₹20 L/yr - ₹41.3 L/yr

arrow icon 329% more
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Edelweiss Life Insurance Senior Manager Salary

7 - 20 years exp. (44 salaries)

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₹8.5 L/yr - ₹13.4 L/yr

arrow icon 60% more
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₹3.5 L/yr - ₹14 L/yr

arrow icon 10% more
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₹10.4 L/yr - ₹30.4 L/yr

arrow icon 124% more
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₹6.7 L/yr - ₹20 L/yr

arrow icon 52% more
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Shriram General Insurance Senior Manager Salary

9 - 19 years exp. (25 salaries)

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₹6 L/yr - ₹14.9 L/yr

arrow icon 28% more
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₹3.3 L/yr - ₹9.2 L/yr

arrow icon 16% less
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Family Health Plan Senior Manager Salary

8 - 18 years exp. (19 salaries)

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₹8 L/yr - ₹14 L/yr

arrow icon 35% more
View all
Senior Manager salary at Royal Sundaram General Insurance ranges between ₹3.5 Lakhs to ₹10 Lakhs per year for employees with experience between 6 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of Royal Sundaram General Insurance.

Latest annual salaries shared by Royal Sundaram General Insurance Senior Manager

1y ago
₹10 Lakhs
18 years exp.
1y ago
₹3.5 Lakhs
6 years exp.
1y ago
₹9.1 Lakhs
13 years exp.

Experience wise Royal Sundaram General Insurance Senior Manager salaries

Last Updated: 17 Mar 2023

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹8.9 L/yr
7 years (AmbitionBox Estimate)

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₹4.9 L/yr - ₹6.3 L/yr
8 years (AmbitionBox Estimate)

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₹5.4 L/yr - ₹6.9 L/yr
9 years (AmbitionBox Estimate)

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₹5.8 L/yr - ₹7.4 L/yr
10 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹8.8 L/yr
View all

Similar Designation salaries in Royal Sundaram General Insurance

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₹18.83 L/yr - ₹21 L/yr
Deputy Manager Salary
(11 salaries)
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₹12 L/yr - ₹17.39 L/yr
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₹3.7 L/yr - ₹7.2 L/yr
Sales Manager Salary
(18 salaries)
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₹1.8 L/yr - ₹8.87 L/yr
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₹3.8 L/yr - ₹5.6 L/yr
Branch Manager Salary
(24 salaries)
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₹4.5 L/yr - ₹11 L/yr
Area Manager Salary
(7 salaries)
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₹9 L/yr - ₹18.5 L/yr
Marketing Manager Salary
(AmbitionBox Estimate)
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₹3.7 L/yr - ₹4.7 L/yr
Business Manager Salary
(AmbitionBox Estimate)
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₹10.7 L/yr - ₹13.7 L/yr
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₹5.5 L/yr - ₹14.64 L/yr

Salary related reviews for Royal Sundaram General Insurance

3.0

Rated by 1 employees for salary & benefits

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

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

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
see more salary related reviews

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Royal Sundaram General Insurance Senior Manager Salary FAQs

What is the salary of Senior Manager at Royal Sundaram General Insurance ?
The average salary of a Senior Manager at Royal Sundaram General Insurance in India typically ranges from ₹3.5 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 6 years to 18 years).

The top 10% of Senior Manager at Royal Sundaram General Insurance earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. Senior 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 Senior Manager at Royal Sundaram General Insurance in India?
The estimated take-home salary of a Senior Manager at Royal Sundaram General Insurance in India typically ranges from ₹58,057 to ₹59,519 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 6 years to 18 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.
Which companies offer higher salaries than Royal Sundaram General Insurance for Senior Manager in India?
Chubb ₹28.0 Lakhs to ₹51.0 Lakhs per year
Principal Global Services ₹32.0 Lakhs to ₹50.0 Lakhs per year
MetLife ₹19.0 Lakhs to ₹48.4 Lakhs per year
Axa XL ₹20.0 Lakhs to ₹41.3 Lakhs per year
Swiss Re ₹10.3 Lakhs to ₹45.0 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 Senior Manager in companies similar to Royal Sundaram General Insurance in India?
The salary of a Senior 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:

Allianz Services ₹21.6 Lakhs to ₹27.6 Lakhs per year
Star Union Dai-ichi Life Insurance ₹10.0 Lakhs to ₹31.5 Lakhs per year
Allianz Partners ₹10.8 Lakhs to ₹27.0 Lakhs per year
Axis Max Life Insurance ₹8.0 Lakhs to ₹30.8 Lakhs per year
CignaTTk Health Insurance ₹16.3 Lakhs to ₹20.0 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 Senior Manager at Royal Sundaram General Insurance in India?
The salary growth for a Senior Manager at Royal Sundaram General Insurance depends on factors such as experience, performance, and promotions. On average, a Senior Manager can expect the following growth trajectory at Royal Sundaram General Insurance:

Experience Average Salary Range
6 years ₹3.5 Lakhs to ₹8.9 Lakhs per year
7 years ₹4.9 Lakhs to ₹6.3 Lakhs per year
8 years ₹5.4 Lakhs to ₹6.9 Lakhs per year
9 years ₹5.8 Lakhs to ₹7.4 Lakhs per year
and so on.

Tell us how to improve this page.

Royal Sundaram General Insurance Senior Manager salary in India ranges between ₹3.5 Lakhs to ₹10 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Royal Sundaram General Insurance latest salaries received from various employees of Royal Sundaram General Insurance.