Royal Sundaram General Insurance New Delhi Territory Manager Salaries by 3 Employees (Updated 2024)

10 - 12 years exp.

₹4.5 Lakhs - ₹6.9 Lakhs

Low Confidence

Salary of majority employees

33% less than the average Territory Manager Salary in Insurance Companies for 10 - 12 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Royal Sundaram General Insurance for Territory Manager in New Delhi

Royal Sundaram General Insurance Territory Manager Salary

10 - 12 years exp. (3 salaries)

₹4.5 L/yr - ₹6.9 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Territory Manager Salary 1 - 12 years exp. (9 salaries)	₹6 L/yr - ₹14 L/yr 87% more
HDFC Ergo General Insurance Territory Manager Salary 5 - 18 years exp. (6 salaries)	₹4 L/yr - ₹8 L/yr 38% more
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Bajaj Allianz General Insurance Territory Manager Salary 2 - 14 years exp. (8 salaries)	₹3.8 L/yr - ₹6 L/yr 1% less
Max Life Insurance Territory Manager Salary 11 - 18 years exp. (13 salaries)	₹8.5 L/yr - ₹19 L/yr 203% more
Aviva Life Insurance India Territory Manager Salary 7 - 14 years exp. (6 salaries)	₹6.7 L/yr - ₹10.1 L/yr 41% more	4 job openings
Edelweiss Tokio Life Insurance Territory Manager Salary 7 - 15 years exp. (6 salaries)	₹6 L/yr - ₹7.6 L/yr 36% more
Star Union Dai-ichi Life Insurance Territory Manager Salary 10 - 13 years exp. (4 salaries)	₹7.1 L/yr - ₹9.5 L/yr 52% more	1 job opening

Territory Manager salary at Royal Sundaram General Insurance ranges between ₹4.5 Lakhs to ₹6.9 Lakhs per year for employees with experience between 10 years to 12 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 New Delhi

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹6.5 L/yr
11 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
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12 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹6.9 L/yr

Similar Designation salaries in Royal Sundaram General Insurance

Territory Sales Manager Salary

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Area Sales Manager Salary

(10 salaries)

₹5.5 L/yr - ₹10.5 L/yr

Relationship Manager Salary

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₹3 L/yr - ₹5.5 L/yr

Sales Manager Salary

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₹5.75 L/yr - ₹7.18 L/yr

Salary related reviews for Royal Sundaram General Insurance

3.6

Rated by 3 employees for salary & benefits

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

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

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.

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.

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.

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.

Dislikes

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

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

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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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Royal Sundaram General Insurance Territory Manager Salaries in New Delhi

Royal Sundaram General Insurance Territory Manager salary in New Delhi ranges between ₹4.5 Lakhs to ₹6.9 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 New Delhi

Companies similar to Royal Sundaram General Insurance for Territory Manager in New Delhi

Latest annual salaries shared by Royal Sundaram General Insurance Territory Manager in New Delhi

Experience wise Royal Sundaram General Insurance Territory Manager salaries in New Delhi

Similar Designation salaries in Royal Sundaram General Insurance

Salary related reviews for Royal Sundaram General Insurance

Territory Manager in New Delhi

Territory Manager in New Delhi

Territory Sales Manager in Kolkata

Sales Manager in Tirunelveli

Sales Officer in Mumbai

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