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Royal Sundaram General Insurance

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4.0

based on 673 Reviews

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Royal Sundaram General Insurance Territory Manager salaries in Sales & Business Development in India

Annual salary range
5 - 13 years exp.
₹3.7 Lakhs - ₹6.5 Lakhs
Salary of majority employees
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31% less than the average Territory Manager Salary in Insurance Companies for 5 - 13 years of experience

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Last Updated: 2 Nov 2024

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Territory Manager salary at Royal Sundaram General Insurance ranges between ₹3.7 Lakhs to ₹6.5 Lakhs per year for employees with experience between 5 years to 13 years. Salary estimates are based on 11 latest salaries received from various employees of Royal Sundaram General Insurance.

Latest annual salaries shared by Royal Sundaram General Insurance Territory Manager in Sales & Business Development department

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Experience wise Royal Sundaram General Insurance Territory Manager salaries in Sales & Business Development department

Last Updated: 2 Nov 2024

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹2 L/yr - ₹6 L/yr
6 years  (3 salaries)

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₹5 L/yr - ₹6 L/yr
7 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹9.2 L/yr
8 years (AmbitionBox Estimate)

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₹2.1 L/yr - ₹5.5 L/yr
9 years (AmbitionBox Estimate)

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₹4.7 L/yr - ₹6 L/yr
View all

Similar Designation salaries in Royal Sundaram General Insurance

Territory Sales Manager Salary
(310 salaries)
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₹2.1 L/yr - ₹7.05 L/yr
Deputy Manager Salary
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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
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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
Area Sales Manager Salary
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₹5.5 L/yr - ₹14.64 L/yr
Sales Manager Salary
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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
Senior Sales Manager Salary
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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

3.0

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

read 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.

read 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

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.

read 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.

read 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

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

read 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
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a technical project manager
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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 Salary FAQs

What is the salary of Territory Manager at Royal Sundaram General Insurance in Sales & Business Development department?
Territory Manager salary at Royal Sundaram General Insurance in Sales & Business Development department in India ranges between ₹3.7 Lakhs to ₹6.5 Lakhs for experience between 5 years to 13 years. According to our estimates it is 31% less than the average Territory Manager Salary in India. Salary estimates are based on 11 latest salaries received from various employees of Royal Sundaram General Insurance India in Sales & Business Development department.
How does the salary of a Territory Manager at Royal Sundaram General Insurance India in Sales & Business Development department compare with the average salary range for this job?
The average salary of a Territory Manager at Royal Sundaram General Insurance in Sales & Business Development department is 31% 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 Sales & Business Development department in India?
  • Max Life Insurance Territory Manager Salary - ₹8.5 Lakhs to ₹19.0 Lakhs per year
  • Ageas Federal Life Insurance Territory Manager Salary - ₹11.3 Lakhs to ₹15.3 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 ₹10.5 Lakhs per year
  • Reliance General Insurance Territory Manager Salary - ₹6.5 Lakhs to ₹12.0 Lakhs per year
What is the salary of a Territory Manager in Sales & Business Development department in companies similar to Royal Sundaram General Insurance in India?
  • Aviva Life Insurance India Territory Manager Salary - ₹6.0 Lakhs to ₹10.1 Lakhs per year
  • Star Union Dai-ichi Life Insurance Territory Manager Salary - ₹5.0 Lakhs to ₹10.2 Lakhs per year
  • Edelweiss Life Insurance Territory Manager Salary - ₹4.8 Lakhs to ₹8.5 Lakhs per year
  • HDFC Ergo General Insurance Territory Manager Salary - ₹6.0 Lakhs to ₹8.3 Lakhs per year
  • Bajaj Allianz General Insurance Territory Manager Salary - ₹2.7 Lakhs to ₹7.0 Lakhs per year
What is the estimated take home salary of a Territory Manager in Sales & Business Development department at Royal Sundaram General Insurance in India?
The estimated take-home salary of a Territory Manager in Sales & Business Development department at Royal Sundaram General Insurance ranges between ₹39,035 per month to ₹40,214 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 ₹3.7 Lakhs to ₹6.5 Lakhs per year for employees with experience between 5 years to 13 years. Check how did we calculate take home salary?
What is the notice period for Territory Manager in Sales & Business Development department at Royal Sundaram General Insurance?
According to AmbitionBox, 67% of the Royal Sundaram General Insurance Territory Managers in Sales & Business Development department reported a notice period of 3 Months, 33% reported a notice period of 1 Month.This is based on 6 responses on AmbitionBox in last 2 years.

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Royal Sundaram General Insurance Territory Manager Salaries by Location

Royal Sundaram General Insurance Territory Manager salary in Sales & Business Development department in India ranges between ₹3.7 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 Royal Sundaram General Insurance latest salaries received from various employees of Royal Sundaram General Insurance.