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SBI General Insurance Area Sales Manager salaries in Hyderabad / Secunderabad (Updated 2025)

Annual salary range
15 - 17 years exp.
₹14.6 Lakhs - ₹21 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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38% more than the average Area Sales Manager Salary in Insurance Companies for 15 - 17 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Sales & Business Development
Area Sales Manager Salary
16 - 17 years exp. (AmbitionBox Estimate)
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₹12.7 L/yr - ₹20 L/yr

BFSI, Investments & Trading
Area Sales Manager Salary
17 years exp. (AmbitionBox Estimate)
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₹16 L/yr - ₹19.7 L/yr

Last Updated: 12 Feb 2025

Companies similar to SBI General Insurance for Area Sales Manager in Hyderabad / Secunderabad

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SBI General Insurance Area Sales Manager Salary

15 - 17 years exp. (4 salaries)

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₹14.6 L/yr - ₹21 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹7 L/yr - ₹10.9 L/yr

arrow icon 39% less
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₹6 L/yr - ₹11 L/yr

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₹6.5 L/yr - ₹13 L/yr

arrow icon 37% less
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₹8.3 L/yr - ₹12 L/yr

arrow icon 33% less
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₹7 L/yr - ₹11.5 L/yr

arrow icon 47% less
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PNB MetLife Area Sales Manager Salary

7 - 9 years exp. (3 salaries)

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₹5.8 L/yr - ₹8 L/yr

arrow icon 59% less
1 job opening
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HDFC Life Area Sales Manager Salary

4 - 8 years exp. (3 salaries)

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₹3.5 L/yr - ₹4.3 L/yr

arrow icon 74% less
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₹9.5 L/yr - ₹13.8 L/yr

arrow icon 25% less
Area Sales Manager salary at SBI General Insurance ranges between ₹14.6 Lakhs to ₹21 Lakhs per year for employees with experience between 15 years to 17 years. Salary estimates are based on 4 latest salaries received from various employees of SBI General Insurance.

Latest annual salaries shared by SBI General Insurance Area Sales Manager in Hyderabad / Secunderabad

1mo ago
₹20 Lakhs
17 years exp.
5mo ago
₹21 Lakhs
15 years exp.
1y ago
₹20 Lakhs
16 years exp.

Experience wise SBI General Insurance Area Sales Manager salaries in Hyderabad / Secunderabad

Last Updated: 12 Feb 2025

Experience Avg Annual Salary
15+ years  (4 salaries)

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₹16 L/yr - ₹21 L/yr

Similar Designation salaries in SBI General Insurance

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₹5.5 L/yr - ₹10.8 L/yr

Top skills at SBI General Insurance for Area Sales Manager

General Insurance Insurance agency Health Insurance Motor Insurance Agent Recruitment Insurance Broking Team Handling Health Insurance OEM OEM Sales Motor Insurance Sales Management Team Leadership Team Handling

Salary related reviews for SBI General Insurance

Full Time

 · 

Business Development Department

2.0
  •  posted on 17 Sep 2022

2.0
 for  Salary and Benefits

Likes

Like you can say... Working with branch managers , can see yourself always professional . People will treat you like banker.

read more
  • Job security - Good

Dislikes

No growth and promotion No good salary Not ethical practices followed. Your boss treat you like slave... Officially as per HR policy every Saturday is off... But you have to work on each Saturday as per your boss. Nothing to learn .

read more
  • Salary - Poor
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 29 Apr 2023

3.0
 for  Salary and Benefits

Likes

Salary on time. Banca channel target goes on auto mode if you have good relationship with managers.

read more
  • Job security - Good
  • +1 more

Dislikes

Overloaded targets, terrible managers. Considering Insurance sectors, plenty of works in your working time.Unwanted VCs by senior that can disturb your work flow each day. Salary is very less compared to other companies.

read more
  • Skill development - Bad
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 05 Jul 2021

5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more
  • Salary - Excellent
  • +6 more

Full Time

 · 

Insurance Department

5.0
  •  posted on 07 Jun 2021

4.0
 for  Salary and Benefits

Likes

...agement is transparent.there is a huge cafeteria and gaming arcade for chilling. Company policies are good , appraisals are fair and they give good salary hike , incentives and bonus every year

read more
  • Salary - Good
  • +6 more

Customer Success, Service & Operations Department

5.0
  •  posted on 16 Mar 2022

4.0
 for  Salary and Benefits

Likes

It my pleasure to work with Reputed company like SBIG, As we grow old here we learn soo many things about banking as,it's very friendly atmosphere to work there .

read more
  • Salary - Good
  • +5 more

Dislikes

Here we see lot of ups and downs and unhappy with Salary hike ,and Soo much off technical issues ....and when things start going gud tat time only company doo one or other changes..... that will impact soo much

read more
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SBI General Insurance Area Sales Manager Salary FAQs

What is the salary of Area Sales Manager at SBI General Insurance in Hyderabad / Secunderabad?
The average salary of a Area Sales Manager at SBI General Insurance in Hyderabad / Secunderabad typically ranges from ₹14.6 Lakhs to ₹21.0 Lakhs per year, depending on experience (from 15 years to 17 years).

The top 10% of Area Sales Manager in Hyderabad / Secunderabad at SBI General Insurance earn more than ₹21.0 Lakhs per year, and the top 1% earn over ₹21.0 Lakhs per year. Area Sales Manager Salaries at SBI 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 4 SBI General Insurance employees in India.
What is the estimated take home salary of a Area Sales Manager at SBI General Insurance in Hyderabad / Secunderabad?
The estimated take-home salary of a Area Sales Manager at SBI General Insurance in Hyderabad / Secunderabad typically ranges from ₹1,07,552 to ₹1,10,518 per month. This is based on the average salary range of ₹14.6 Lakhs to ₹21.0 Lakhs per year for employees with experience ranging from 15 years to 17 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 4 salaries received from various employees of SBI General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Area Sales Manager at SBI General Insurance in Hyderabad / Secunderabad?
To be a Area Sales Manager at SBI General Insurance in Hyderabad / Secunderabad, the key skills required include:

  • - General Insurance
  • - Insurance
  • - agency
  • - Health Insurance
  • - Motor Insurance

These skills are highly valued at SBI General Insurance and are crucial for successful performance in a Software Engineering role.
What is the salary of a Area Sales Manager in companies similar to SBI General Insurance in Hyderabad / Secunderabad?
The salary of a Area Sales Manager at companies similar to SBI General Insurance in Hyderabad / Secunderabad varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kotak Mahindara Life Insurance ₹9.5 Lakhs to ₹13.8 Lakhs per year
Aditya Birla Health Insurance Co ₹8.3 Lakhs to ₹12.0 Lakhs per year
Royal Sundaram General Insurance ₹6.5 Lakhs to ₹13.0 Lakhs per year
ICICI Prudential Life Insurance ₹7.0 Lakhs to ₹10.9 Lakhs per year
Aditya Birla Sun Life Insurance ₹6.0 Lakhs to ₹11.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Area Sales Manager at SBI General Insurance in Hyderabad / Secunderabad?
The salary growth for a Area Sales Manager at SBI General Insurance in Hyderabad / Secunderabad depends on factors such as experience, performance, and promotions. On average, a Area Sales Manager in Hyderabad / Secunderabad can expect the following growth trajectory at SBI General Insurance:

Experience Average Salary Range
15 years ₹16.0 Lakhs to ₹21.0 Lakhs per year
and so on.

Tell us how to improve this page.

SBI General Insurance Area Sales Manager salary in Hyderabad / Secunderabad ranges between ₹14.6 Lakhs to ₹21 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 SBI General Insurance latest salaries received from various employees of SBI General Insurance.