Royal Sundaram General Insurance Hyderabad / Secunderabad Territory Manager Salaries by 3 Employees (Updated 2025)

6 - 8 years exp.

₹5 Lakhs - ₹5.5 Lakhs

Low Confidence

Salary of majority employees

29% less than the average Territory Manager Salary in Insurance Companies for 6 - 8 years of experience

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Salaries in different departments

Sales & Business Development Territory Manager Salary 6 - 8 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹5.5 L/yr
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Marketing & Communication Territory Manager Salary 7 years exp. (AmbitionBox Estimate)	₹5.1 L/yr - ₹5.5 L/yr

Last Updated: 2 Nov 2024

Companies similar to Royal Sundaram General Insurance for Territory Manager in Hyderabad / Secunderabad

Royal Sundaram General Insurance Territory Manager Salary

6 - 8 years exp. (3 salaries)

₹5 L/yr - ₹5.5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Territory Manager Salary 1 - 10 years exp. (3 salaries)	₹6.7 L/yr - ₹10 L/yr 64% more
Bajaj Allianz General Insurance Territory Manager Salary 5 - 14 years exp. (5 salaries)	₹4.5 L/yr - ₹6 L/yr 1% less
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Cholamandalam MS General Insurance Territory Manager Salary 11 - 14 years exp. (4 salaries)	₹6.5 L/yr - ₹8.5 L/yr 47% more
IDFC FIRST Bank Territory Manager Salary 1 - 13 years exp. (72 salaries)	₹4 L/yr - ₹13 L/yr 58% more	1 job opening
Dr. Reddy's Territory Manager Salary 1 - 11 years exp. (35 salaries)	₹2.6 L/yr - ₹7.2 L/yr 3% less

Territory Manager salary at Royal Sundaram General Insurance ranges between ₹5 Lakhs to ₹5.5 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 3 latest salaries received from various employees of Royal Sundaram General Insurance.

Experience wise Royal Sundaram General Insurance Territory Manager salaries in Hyderabad / Secunderabad

Last Updated: 2 Nov 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹5 L/yr - ₹9.4 L/yr
7 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹5.5 L/yr
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8 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹5.5 L/yr

Similar Designation salaries in Royal Sundaram General Insurance

Territory Sales Manager Salary

(22 salaries)

₹3.5 L/yr - ₹6.3 L/yr

Area Sales Manager Salary

(6 salaries)

₹6.45 L/yr - ₹13 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

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Royal Sundaram General Insurance Territory Manager Salary FAQs

What is the notice period for Territory Manager at Royal Sundaram General Insurance in Hyderabad / Secunderabad?

According to AmbitionBox, 33% of the Royal Sundaram General Insurance Territory Managers in Hyderabad / Secunderabad reported a notice period of 1 Month, 34% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 3 responses on AmbitionBox in last 2 years.

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Royal Sundaram General Insurance Territory Manager Salaries in Hyderabad / Secunderabad

Royal Sundaram General Insurance Territory Manager salary in Hyderabad / Secunderabad ranges between ₹5 Lakhs 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.

Royal Sundaram General Insurance Territory Manager salaries in Hyderabad / Secunderabad

Companies similar to Royal Sundaram General Insurance for Territory Manager in Hyderabad / Secunderabad

Latest annual salaries shared by Royal Sundaram General Insurance Territory Manager in Hyderabad / Secunderabad

Experience wise Royal Sundaram General Insurance Territory Manager salaries in Hyderabad / Secunderabad

Similar Designation salaries in Royal Sundaram General Insurance

Salary related reviews for Royal Sundaram General Insurance

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Sales Manager in Tirunelveli

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Royal Sundaram General Insurance Territory Manager Salary FAQs

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