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Royal Sundaram General Insurance Territory Manager salaries in India

Annual salary range
1 - 16 years exp.
₹3 Lakhs - ₹7.2 Lakhs
Salary of majority employees
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33% less than the average Territory Manager Salary in Insurance Companies for 1 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Territory Manager Salary
3 - 16 years exp. (16 salaries)
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₹3 L/yr - ₹7.2 L/yr

Sales & Business Development
Territory Manager Salary
5 - 13 years exp. (11 salaries)
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₹3.7 L/yr - ₹6.5 L/yr

Marketing & Communication
Territory Manager Salary
7 - 16 years exp. (4 salaries)
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₹4.1 L/yr - ₹6.2 L/yr

Customer Success, Service & Operations
Territory Manager Salary
1 - 3 years exp. (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr

Last Updated: 2 Nov 2024

Companies similar to Royal Sundaram General Insurance for Territory Manager

Company name Avg Annual Salary Open Jobs
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₹5.6 L/yr - ₹14 L/yr

arrow icon 81% more
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₹4 L/yr - ₹8.8 L/yr

arrow icon 41% more
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₹2.4 L/yr - ₹7.7 L/yr

arrow icon 1% more
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₹6 L/yr - ₹13 L/yr

arrow icon 92% more
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Tata AIG Territory Manager Salary

3 - 8 years exp. (4 salaries)

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₹4.5 L/yr - ₹5.3 L/yr

At par
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SBI General Insurance Territory Manager Salary

16 - 19 years exp. (3 salaries)

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₹5.2 L/yr - ₹9.3 L/yr

arrow icon 31% more
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₹4.9 L/yr - ₹12 L/yr

arrow icon 38% more
2 job openings
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₹4.8 L/yr - ₹8.5 L/yr

arrow icon 35% more
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₹5.4 L/yr - ₹10.1 L/yr

arrow icon 45% more
1 job opening
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Max Life Insurance Territory Manager Salary

10 - 18 years exp. (40 salaries)

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₹7.5 L/yr - ₹19 L/yr

arrow icon 169% more
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₹5 L/yr - ₹11 L/yr

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₹8.4 L/yr - ₹17.1 L/yr

arrow icon 155% more
1 job opening
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MetLife Territory Manager Salary

7 - 14 years exp. (4 salaries)

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₹6 L/yr - ₹8.7 L/yr

arrow icon 48% more
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Allianz Partners Territory Manager Salary

4 - 6 years exp. (3 salaries)

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₹4 L/yr - ₹4.1 L/yr

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₹3.1 L/yr - ₹9.5 L/yr

arrow icon 21% more
Territory Manager salary at Royal Sundaram General Insurance ranges between ₹3 Lakhs to ₹7.2 Lakhs per year for employees with experience between 1 year to 16 years. Salary estimates are based on 40 latest salaries received from various employees of Royal Sundaram General Insurance.

Latest annual salaries shared by Royal Sundaram General Insurance Territory Manager

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8 years exp.
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16 years exp.
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Experience wise Royal Sundaram General Insurance Territory Manager salaries

Last Updated: 2 Nov 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹3.6 L/yr - ₹8.3 L/yr
2 years (AmbitionBox Estimate)

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₹4.2 L/yr - ₹5.4 L/yr
3 years  (4 salaries)

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₹3 L/yr - ₹8.5 L/yr
4 years (AmbitionBox Estimate)

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₹4 L/yr - ₹8.6 L/yr
5 years (AmbitionBox Estimate)

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₹1.9 L/yr - ₹6 L/yr
View all

Similar Designation salaries in Royal Sundaram General Insurance

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₹2.7 L/yr - ₹7.25 L/yr
Deputy Manager Salary
(11 salaries)
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₹12 L/yr - ₹17.39 L/yr
Senior Territory Manager Salary
(AmbitionBox Estimate)
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₹5.2 L/yr - ₹6.7 L/yr
Area Manager Salary
(7 salaries)
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₹9 L/yr - ₹18.5 L/yr
Territory Business Manager Salary
(AmbitionBox Estimate)
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₹0.2 L/yr - ₹0.2 L/yr
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₹5.5 L/yr - ₹14.64 L/yr
Sales Manager Salary
(14 salaries)
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₹3 L/yr - ₹7.18 L/yr
Territory Sales Incharge Salary
(AmbitionBox Estimate)
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₹4.2 L/yr - ₹5.4 L/yr
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₹3.8 L/yr - ₹8.8 L/yr
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₹3 L/yr - ₹5.5 L/yr

Salary related reviews for Royal Sundaram General Insurance

3.6

Rated by 17 employees for salary & benefits

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

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

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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.

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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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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.

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.

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Full Time

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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.

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Dislikes

...motion & appraisal top level only , minimum branch level manager & senior only . Field Managers got too low bonus amount & salary hike percentage every year.

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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

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Dislikes

There is a lot of politics and the management doesn't address our issues ,salary is decent but career growth is slow

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Royal Sundaram General Insurance Territory Manager Salary FAQs

What is the salary of Territory Manager at Royal Sundaram General Insurance?
Territory Manager salary at Royal Sundaram General Insurance in India ranges between ₹3.0 Lakhs to ₹7.2 Lakhs for experience between 1 years to 16 years. According to our estimates it is 33% less than the average Territory Manager Salary in India. Salary estimates are based on 40 latest salaries received from various employees of Royal Sundaram General Insurance India.
How does the salary of a Territory Manager at Royal Sundaram General Insurance India compare with the average salary range for this job?
The average salary of a Territory Manager at Royal Sundaram General Insurance is 33% less than the average salary of a Territory Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Royal Sundaram General Insurance to a Territory Manager in India?
  • Max Life Insurance Territory Manager Salary - ₹7.5 Lakhs to ₹19.0 Lakhs per year
  • Ageas Federal Life Insurance Territory Manager Salary - ₹8.4 Lakhs to ₹17.1 Lakhs per year
  • Reliance General Insurance Territory Manager Salary - ₹6.0 Lakhs to ₹13.0 Lakhs per year
  • ICICI Lombard General Insurance Company Territory Manager Salary - ₹5.6 Lakhs to ₹14.0 Lakhs per year
  • Cholamandalam MS General Insurance Territory Manager Salary - ₹5.0 Lakhs to ₹11.0 Lakhs per year
What is the salary of a Territory Manager in companies similar to Royal Sundaram General Insurance in India?
  • MetLife Territory Manager Salary - ₹6.0 Lakhs to ₹8.7 Lakhs per year
  • Aviva Life Insurance India Territory Manager Salary - ₹5.4 Lakhs to ₹10.1 Lakhs per year
  • HDFC Ergo General Insurance Territory Manager Salary - ₹4.0 Lakhs to ₹8.8 Lakhs per year
  • Star Union Dai-ichi Life Insurance Territory Manager Salary - ₹4.9 Lakhs to ₹12.0 Lakhs per year
  • Edelweiss Life Insurance Territory Manager Salary - ₹4.8 Lakhs to ₹8.5 Lakhs per year
What is the estimated take home salary of a Territory Manager at Royal Sundaram General Insurance in India?
The estimated take-home salary of a Territory Manager at Royal Sundaram General Insurance ranges between ₹37,672 per month to ₹38,872 per month in India. The take-home salary calculation is based on the average Royal Sundaram General Insurance Territory Manager salary in India which ranges between ₹3.0 Lakhs to ₹7.2 Lakhs per year for employees with experience between 1 years to 16 years. Check how did we calculate take home salary?
What is the notice period for Territory Manager at Royal Sundaram General Insurance?
According to AmbitionBox, 47% of the Royal Sundaram General Insurance Territory Managers reported a notice period of 3 Months, 26% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 15 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Royal Sundaram General Insurance Territory Manager salary in India ranges between ₹3 Lakhs to ₹7.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 40 Royal Sundaram General Insurance latest salaries received from various employees of Royal Sundaram General Insurance.