Royal Sundaram General Insurance Aurangabad Territory Manager Salaries by 6 Employees

6 - 9 years exp.

₹4.2 Lakhs - ₹5.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

39% less than the average Territory Manager Salary in Insurance Companies for 6 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Territory Manager Salary 6 - 9 years exp. (5 salaries)	₹4.2 L/yr - ₹5.8 L/yr
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Sales & Business Development Territory Manager Salary 7 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.6 L/yr

Last Updated: 24 Jun 2023

Companies similar to Royal Sundaram General Insurance for Territory Manager in Aurangabad

Royal Sundaram General Insurance Territory Manager Salary

6 - 9 years exp. (6 salaries)

₹4.2 L/yr - ₹5.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Aviva Life Insurance India Territory Manager Salary 6 - 10 years exp. (5 salaries)	₹7 L/yr - ₹8.5 L/yr 43% more	2 job openings
Liberty General Insurance Territory Manager Salary 10 - 17 years exp. (5 salaries)	₹9 L/yr - ₹10.1 L/yr 92% more
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Edelweiss Life Insurance Territory Manager Salary 7 - 8 years exp. (3 salaries)	₹5.5 L/yr - ₹6.7 L/yr 31% more
Mahindra Rural Housing Finance Territory Manager Salary 7 - 14 years exp. (11 salaries)	₹4.5 L/yr - ₹11 L/yr 65% more
TVS Motor Territory Manager Salary 2 - 9 years exp. (7 salaries)	₹12.4 L/yr - ₹23 L/yr 194% more

Territory Manager salary at Royal Sundaram General Insurance ranges between ₹4.2 Lakhs to ₹5.8 Lakhs per year for employees with experience between 6 years to 9 years. Salary estimates are based on 6 latest salaries received from various employees of Royal Sundaram General Insurance.

Experience wise Royal Sundaram General Insurance Territory Manager salaries in Aurangabad

Last Updated: 24 Jun 2023

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
7 years (3 salaries)	₹4.3 L/yr - ₹5.5 L/yr
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8 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
9 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr

Similar Designation salaries in Royal Sundaram General Insurance

Territory Sales Manager Salary

(4 salaries)

₹3.2 L/yr - ₹7.05 L/yr

Salary related reviews for Royal Sundaram General Insurance

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.

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

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

see more salary related reviews

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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Royal Sundaram General Insurance Territory Manager Salary FAQs

What is the salary of Territory Manager at Royal Sundaram General Insurance in Aurangabad?

The average salary of a Territory Manager at Royal Sundaram General Insurance in Aurangabad typically ranges from ₹4.2 Lakhs to ₹5.8 Lakhs per year, depending on experience (from 6 years to 9 years).

The top 10% of Territory Manager in Aurangabad at Royal Sundaram General Insurance earn more than ₹5.8 Lakhs per year, and the top 1% earn over ₹5.8 Lakhs per year. Territory 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 6 Royal Sundaram General Insurance employees in India.

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

The estimated take-home salary of a Territory Manager at Royal Sundaram General Insurance in Aurangabad typically ranges from ₹37,901 to ₹39,097 per month. This is based on the average salary range of ₹4.2 Lakhs to ₹5.8 Lakhs per year for employees with experience ranging from 6 years to 9 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 6 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 Territory Manager in India?

TVS Motor	₹12.4 Lakhs to ₹23.0 Lakhs per year
Liberty General Insurance	₹9.0 Lakhs to ₹10.1 Lakhs per year
Mahindra Rural Housing Finance	₹4.5 Lakhs to ₹11.0 Lakhs per year
Aviva Life Insurance India	₹7.0 Lakhs to ₹8.5 Lakhs per year
Edelweiss Life Insurance	₹5.5 Lakhs to ₹6.7 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.

How the salary growth look like for a Territory Manager at Royal Sundaram General Insurance in Aurangabad?

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

Experience	Average Salary Range
6 years	₹4.4 Lakhs to ₹5.6 Lakhs per year
7 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
8 years	₹4.5 Lakhs to ₹5.7 Lakhs per year
9 years	₹4.5 Lakhs to ₹5.8 Lakhs per year

and so on.

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Royal Sundaram General Insurance Territory Manager Salaries in Aurangabad

Royal Sundaram General Insurance Territory Manager salary in Aurangabad ranges between ₹4.2 Lakhs to ₹5.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Royal Sundaram General Insurance latest salaries received from various employees of Royal Sundaram General Insurance.