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based on 1.7k Reviews

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SBI General Insurance Cluster Sales Manager salaries in Bangalore / Bengaluru

Annual salary range
6 - 16 years exp.
₹5.3 Lakhs - ₹10.6 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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9% less than the average Cluster Sales Manager Salary in Insurance Companies for 6 - 16 years of experience

Interested in this particular role? 4 job openings

Salaries in different departments

BFSI, Investments & Trading
Cluster Sales Manager Salary
8 - 12 years exp. (3 salaries)
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₹5.3 L/yr - ₹10.6 L/yr

Sales & Business Development
Cluster Sales Manager Salary
6 - 16 years exp. (3 salaries)
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₹5.5 L/yr - ₹10.4 L/yr

Last Updated: 23 Aug 2024

Companies similar to SBI General Insurance for Cluster Sales Manager in Bangalore / Bengaluru

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SBI General Insurance Cluster Sales Manager Salary

6 - 16 years exp. (6 salaries)
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₹5.3 L/yr - ₹10.6 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Tata AIA Life Insurance Cluster Sales Manager Salary

5 - 12 years exp. (15 salaries)
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₹5.6 L/yr - ₹11.3 L/yr

arrow icon 17% more
 25 job openings
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HDFC Life Cluster Sales Manager Salary

3 - 14 years exp. (9 salaries)
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₹7 L/yr - ₹10.2 L/yr

arrow icon 8% less
 1 job opening
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Axis Bank Cluster Sales Manager Salary

6 - 10 years exp. (11 salaries)
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₹6.2 L/yr - ₹10.2 L/yr

arrow icon 13% less
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Tata nexarc Cluster Sales Manager Salary

6 - 9 years exp. (7 salaries)
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₹9.4 L/yr - ₹13.5 L/yr

arrow icon 34% more
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Universal Sompo General Insurance Cluster Sales Manager Salary

13 - 19 years exp. (6 salaries)
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₹9.9 L/yr - ₹11.5 L/yr

arrow icon 16% more
Cluster Sales Manager salary at SBI General Insurance ranges between ₹5.3 Lakhs to ₹10.6 Lakhs per year for employees with experience between 6 years to 16 years. Salary estimates are based on 6 latest salaries received from various employees of SBI General Insurance.

Latest annual salaries shared by SBI General Insurance Cluster Sales Manager in Bangalore / Bengaluru

7mo ago
₹10.2 Lakhs
10 years exp.
8mo ago
₹10.6 Lakhs
12 years exp.
11mo ago
₹10.4 Lakhs
16 years exp.
1y ago
₹10 Lakhs
12 years exp.
1y ago
₹5.3 Lakhs
8 years exp.

Experience wise SBI General Insurance Cluster Sales Manager salaries in Bangalore / Bengaluru

Last Updated: 23 Aug 2024

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹6.9 L/yr - ₹8.8 L/yr
7 years (AmbitionBox Estimate)

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₹7.1 L/yr - ₹9 L/yr
8 years (AmbitionBox Estimate)

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₹7.3 L/yr - ₹9.3 L/yr
9 years (AmbitionBox Estimate)

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₹7.4 L/yr - ₹9.5 L/yr
10 years (AmbitionBox Estimate)

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₹7.6 L/yr - ₹9.8 L/yr
View all

Similar Designation salaries in SBI General Insurance

Area Sales Manager Salary
(5 salaries)
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₹13 L/yr - ₹22 L/yr

Top skills at SBI General Insurance for Cluster Sales Manager

General Insurance Agency Channel Health Insurance Sales Insurance Agent Recruitment Agency Sales General Insurance Sales Bancassurance Health Insurance General Insurance agency Motor Insurance Agency Management Health

Salary related reviews for SBI General Insurance

3.0

Rated by 1 employees for salary & benefits

Business Development Manager in Gorakhpur

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

Business Development Manager in Gorakhpur

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

Sales Manager in Gwalior

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

Business Development Manager in Vijayawada

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

Relationship Manager in Gulbarga

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
see more salary related reviews

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What people are saying about SBI General Insurance

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miraculouslemon
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1w
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SBI General Insurance
Rejection profile by HR At shortlisted company.
Hii, I want to change the industry from BFSI to oil and and automobile. But Hr is not shortlisting me and if HR shortlist me than o don’t get shortlisted by concerned manager. even I have knowledge and work experience in particular industry. How can I crack this now.
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SBI General Insurance Cluster Sales Manager Salary FAQs

What is the salary of Cluster Sales Manager at SBI General Insurance in Bangalore / Bengaluru?
The average salary of a Cluster Sales Manager at SBI General Insurance in Bangalore / Bengaluru typically ranges from ₹5.3 Lakhs to ₹10.6 Lakhs per year, depending on experience (from 6 years to 16 years).

The top 10% of Cluster Sales Manager in Bangalore / Bengaluru at SBI General Insurance earn more than ₹10.6 Lakhs per year, and the top 1% earn over ₹10.6 Lakhs per year. Cluster 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 6 SBI General Insurance employees in India.
What is the estimated take home salary of a Cluster Sales Manager at SBI General Insurance in Bangalore / Bengaluru?
The estimated take-home salary of a Cluster Sales Manager at SBI General Insurance in Bangalore / Bengaluru typically ranges from ₹64,957 to ₹66,614 per month. This is based on the average salary range of ₹5.3 Lakhs to ₹10.6 Lakhs per year for employees with experience ranging from 6 years to 16 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 6 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 Cluster Sales Manager at SBI General Insurance in Bangalore / Bengaluru?
To be a Cluster Sales Manager at SBI General Insurance in Bangalore / Bengaluru, the key skills required include:

  • - General Insurance
  • - Agency Channel
  • - Health Insurance
  • - Sales
  • - Insurance

These skills are highly valued at SBI General Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than SBI General Insurance for Cluster Sales Manager in India?
Tata nexarc ₹9.4 Lakhs to ₹13.5 Lakhs per year
Tata AIA Life Insurance ₹5.6 Lakhs to ₹11.3 Lakhs per year
Universal Sompo General Insurance ₹9.9 Lakhs to ₹11.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by SBI General Insurance, depending on the role and experience level.
What is the salary of a Cluster Sales Manager in companies similar to SBI General Insurance in Bangalore / Bengaluru?
The salary of a Cluster Sales Manager at companies similar to SBI General Insurance in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Life ₹7.0 Lakhs to ₹10.2 Lakhs per year
Axis Bank ₹6.2 Lakhs to ₹10.2 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 Cluster Sales Manager at SBI General Insurance in Bangalore / Bengaluru?
The salary growth for a Cluster Sales Manager at SBI General Insurance in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Cluster Sales Manager in Bangalore / Bengaluru can expect the following growth trajectory at SBI General Insurance:

Experience Average Salary Range
6 years ₹6.9 Lakhs to ₹8.8 Lakhs per year
7 years ₹7.1 Lakhs to ₹9.0 Lakhs per year
8 years ₹7.3 Lakhs to ₹9.3 Lakhs per year
9 years ₹7.4 Lakhs to ₹9.5 Lakhs per year
and so on.

Tell us how to improve this page.

SBI General Insurance Cluster Sales Manager salary in Bangalore / Bengaluru ranges between ₹5.3 Lakhs to ₹10.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 SBI General Insurance latest salaries received from various employees of SBI General Insurance.