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

Annual salary range
4 - 12 years exp.
₹2.7 Lakhs - ₹7.3 Lakhs
Salary of majority employees
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31% less than the average Territory Sales Manager Salary in Insurance Companies for 4 - 12 years of experience

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Last Updated: 5 Jan 2025

Companies similar to Royal Sundaram General Insurance for Territory Sales Manager in Sales & Business Development department

Company name Avg Annual Salary Open Jobs
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₹6.6 L/yr - ₹12.4 L/yr

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₹4.8 L/yr - ₹6.8 L/yr

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₹7.5 L/yr - ₹7.9 L/yr

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₹9.3 L/yr - ₹11.5 L/yr

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Territory Sales Manager salary at Royal Sundaram General Insurance ranges between ₹2.7 Lakhs to ₹7.3 Lakhs per year for employees with experience between 4 years to 12 years. Salary estimates are based on 80 latest salaries received from various employees of Royal Sundaram General Insurance.

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

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

Last Updated: 5 Jan 2025

Experience Avg Annual Salary
4 years  (7 salaries)

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₹2.8 L/yr - ₹5.5 L/yr
5 years  (11 salaries)

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₹3.6 L/yr - ₹6.3 L/yr
6 years  (15 salaries)

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₹2.7 L/yr - ₹6.9 L/yr
7 years  (8 salaries)

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₹3 L/yr - ₹6 L/yr
8 years  (11 salaries)

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₹4.7 L/yr - ₹6.8 L/yr
View all

Similar Designation salaries in Royal Sundaram General Insurance

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₹3.8 L/yr - ₹8.8 L/yr
Territory Sales Incharge Salary
(AmbitionBox Estimate)
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₹4.2 L/yr - ₹5.4 L/yr
Territory Business Manager Salary
(AmbitionBox Estimate)
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₹0.2 L/yr - ₹0.2 L/yr
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₹3 L/yr - ₹7.2 L/yr
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₹3.5 L/yr - ₹4.5 L/yr
Assistant Sales Manager Salary
(AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.5 L/yr
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₹5.5 L/yr - ₹14.64 L/yr
Territory Sales Executive Salary
(AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr
Channel Sales Manager Salary
(AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr
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₹2.8 L/yr - ₹4.1 L/yr

Top skills at Royal Sundaram General Insurance for Territory Sales Manager

Agency Channel General Insurance Insurance Sales Sales Management Sales Agency Management Agency Sales Agent Recruitment Life Insurance Territory Management agency Health Insurance Area Sales Management Regional Management agency development

Salary related reviews for Royal Sundaram General Insurance

3.2

Rated by 40 employees for salary & benefits

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

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.

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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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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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Royal Sundaram General Insurance Territory Sales Manager Salary FAQs

What is the salary of Territory Sales Manager at Royal Sundaram General Insurance in Sales & Business Development department?
Territory Sales Manager salary at Royal Sundaram General Insurance in Sales & Business Development department in India ranges between ₹2.7 Lakhs to ₹7.3 Lakhs for experience between 4 years to 12 years. According to our estimates it is 31% less than the average Territory Sales Manager Salary in India. Salary estimates are based on 80 latest salaries received from various employees of Royal Sundaram General Insurance India in Sales & Business Development department.
How does the salary of a Territory Sales 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 Sales Manager at Royal Sundaram General Insurance in Sales & Business Development department is 31% less than the average salary of a Territory Sales Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Territory Sales Manager at Royal Sundaram General Insurance?
Agency Channel, General Insurance, Insurance Sales, Sales Management and Sales are some of the popular skills required to work as a Territory Sales Manager at Royal Sundaram General Insurance India.
Which similar companies are paying more than Royal Sundaram General Insurance to a Territory Sales Manager in Sales & Business Development department in India?
  • Ageas Federal Life Insurance Territory Sales Manager Salary - ₹11.0 Lakhs to ₹13.5 Lakhs per year
  • Aditya Birla Health Insurance Co Territory Sales Manager Salary - ₹9.3 Lakhs to ₹11.5 Lakhs per year
  • ICICI Lombard General Insurance Company Territory Sales Manager Salary - ₹6.6 Lakhs to ₹12.4 Lakhs per year
  • SBI General Insurance Territory Sales Manager Salary - ₹5.2 Lakhs to ₹10.3 Lakhs per year
  • Aviva Life Insurance India Territory Sales Manager Salary - ₹7.5 Lakhs to ₹7.9 Lakhs per year
What is the salary of a Territory Sales Manager in Sales & Business Development department in companies similar to Royal Sundaram General Insurance in India?
  • Star Union Dai-ichi Life Insurance Territory Sales Manager Salary - ₹7.0 Lakhs to ₹9.1 Lakhs per year
  • HDFC Ergo General Insurance Territory Sales Manager Salary - ₹4.8 Lakhs to ₹6.8 Lakhs per year
  • Bajaj Allianz General Insurance Territory Sales Manager Salary - ₹3.5 Lakhs to ₹5.5 Lakhs per year
What is the estimated take home salary of a Territory Sales Manager in Sales & Business Development department at Royal Sundaram General Insurance in India?
The estimated take-home salary of a Territory Sales Manager in Sales & Business Development department at Royal Sundaram General Insurance ranges between ₹39,801 per month to ₹40,969 per month in India. The take-home salary calculation is based on the average Royal Sundaram General Insurance Territory Sales Manager salary in India which ranges between ₹2.7 Lakhs to ₹7.3 Lakhs per year for employees with experience between 4 years to 12 years. Check how did we calculate take home salary?
What is the notice period for Territory Sales Manager in Sales & Business Development department at Royal Sundaram General Insurance?
According to AmbitionBox, 46% of the Royal Sundaram General Insurance Territory Sales Managers in Sales & Business Development department reported a notice period of 3 Months, 31% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 148 responses on AmbitionBox in last 2 years.

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Royal Sundaram General Insurance Territory Sales Manager salary in Sales & Business Development department in India ranges between ₹2.7 Lakhs to ₹7.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 80 Royal Sundaram General Insurance latest salaries received from various employees of Royal Sundaram General Insurance.