Shriram General Insurance Territory Manager Salaries by 3 Employees

11 - 17 years exp.

₹3.1 Lakhs - ₹9.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

20% less than the average Territory Manager Salary in Insurance Companies for 11 - 17 years of experience

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Last Updated: 21 Aug 2023

Companies similar to Shriram General Insurance for Territory Manager

Company name	Avg Annual Salary	Open Jobs
Edelweiss Life Insurance Territory Manager Salary 8 - 20 years exp. (58 salaries)	₹4.8 L/yr - ₹8.5 L/yr 13% more
Aviva Life Insurance India Territory Manager Salary 5 - 14 years exp. (56 salaries)	₹5.4 L/yr - ₹10.1 L/yr 18% more	1 job opening
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Cholamandalam MS General Insurance Territory Manager Salary 10 - 15 years exp. (48 salaries)	₹4.6 L/yr - ₹11 L/yr 30% more
Liberty General Insurance Territory Manager Salary 10 - 18 years exp. (42 salaries)	₹7 L/yr - ₹15 L/yr 91% more
Royal Sundaram General Insurance Territory Manager Salary 3 - 16 years exp. (35 salaries)	₹3.7 L/yr - ₹7.2 L/yr 16% less
Ageas Federal Life Insurance Territory Manager Salary 8 - 18 years exp. (22 salaries)	₹8.4 L/yr - ₹17.1 L/yr 111% more	1 job opening
Magma HDI General Insurance Territory Manager Salary 9 - 17 years exp. (5 salaries)	₹5.5 L/yr - ₹18 L/yr 90% more
MetLife Territory Manager Salary 7 - 14 years exp. (4 salaries)	₹6 L/yr - ₹8.7 L/yr 23% more
Aegon Life Insurance Territory Manager Salary 6 - 15 years exp. (4 salaries)	₹8.3 L/yr - ₹9.8 L/yr 51% more
Allianz Partners Territory Manager Salary 4 - 6 years exp. (3 salaries)	₹4 L/yr - ₹4.1 L/yr 34% less
Bharti AXA Life Insurance Territory Manager Salary 5 - 10 years exp. (3 salaries)	₹5.8 L/yr - ₹7.5 L/yr 12% more
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ManipalCigna Health Insurance Territory Manager Salary 10 - 15 years exp. (3 salaries)	₹3.6 L/yr - ₹6 L/yr 25% less
Universal Sompo General Insurance Territory Manager Salary 3 - 14 years exp. (3 salaries)	₹4 L/yr - ₹13.5 L/yr 20% more

Territory Manager salary at Shriram General Insurance ranges between ₹3.1 Lakhs to ₹9.5 Lakhs per year for employees with experience between 11 years to 17 years. Salary estimates are based on 3 latest salaries received from various employees of Shriram General Insurance.

Experience wise Shriram General Insurance Territory Manager salaries

Last Updated: 21 Aug 2023

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
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15+ years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr

Similar Designation salaries in Shriram General Insurance

Territory Sales Manager Salary

(AmbitionBox Estimate)

₹6.4 L/yr - ₹8.2 L/yr

Deputy Manager Salary

(62 salaries)

₹4 L/yr - ₹7.75 L/yr

Area Manager Salary

(26 salaries)

₹8.25 L/yr - ₹15 L/yr

Area Sales Manager Salary

(3 salaries)

₹2.5 L/yr - ₹10 L/yr

Sales Manager Salary

(6 salaries)

₹2.5 L/yr - ₹3.5 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹2.6 L/yr - ₹3.3 L/yr

Relationship Manager Salary

(7 salaries)

₹2.3 L/yr - ₹3.2 L/yr

Team Lead Salary

(5 salaries)

₹2.9 L/yr - ₹4 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Sales Officer Salary

(5 salaries)

₹1.85 L/yr - ₹3 L/yr

Salary related reviews for Shriram General Insurance

Marketing Executive in Kochi

Full Time

Sales & Business Development Department

2.0

• posted on 27 Dec 2024

1.0

for Salary and Benefits

Likes

Company growth is high rate. So job security is very high . Excellent traning and advanced technology

Skill development - Good

+2 more

Dislikes

...to stress and imbalance. Difficulty in tracking and obtaining incentives fairly. Salary packages do not align with the amount and quality of work expected.

Salary - Bad

+2 more

Marketing Executive in Purnia

Sales & Business Development Department

5.0

• posted on 09 Sep 2021

3.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transparent. As a fresher I joined sgi and in less time sgi makes me leader of market, company policy are good and always customer satisfaction is priority. sgi provides timely payout for financial advisers so that he works effectively for sgi and this is good for us..

Skill development - Good

+4 more

Dislikes

In sgi salary is very less as compare to other companies. career growth is slow..

Marketing Executive in Kottayam

Marketing & Communication Department

1.0

• posted on 01 Oct 2020

1.0

for Salary and Benefits

Likes

Job is not secure they will give u transfer at any time ...especially the appoints managers without the desired qualifications so they will work for a low salary that is also a problem

Dislikes

Job is not secure

Salary - Bad

+6 more

Deputy Manager in Jaipur

Theft Claims Department

3.0

• posted on 21 Sep 2019

2.0

for Salary and Benefits

Likes

The company never gives mental stress to there employees. The work culture is good. Apart from the company policy. My boss always taught us the lessons of life. How to deal with professional & personal life. There is no hire & fire policy in the company if you are an hard worker. I also like the re-hire policy of the company.

Job security - Excellent

+2 more

Dislikes

Compensation is very less & growth is also very slow. There is no internal training programs for the employees. There is too much chaplusi done by some persons of senior members due to which the worth keeping person never uplift by the company.

Salary - Poor

Marketing Executive in Gaya

BFSI, Investments & Trading Department

5.0

• posted on 06 Sep 2018

3.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopt latest technology, I love the fact that I am a part of a team that market reliable, high quality products and he has a global clients base. As a result I get to travel abroad specially

Skill development - Excellent

+5 more

Dislikes

Compensation is decent but growth is slow

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Shriram General Insurance Territory Manager Salary FAQs

How the salary growth look like for a Territory Manager at Shriram General Insurance in India?

The salary growth for a Territory Manager at Shriram General Insurance depends on factors such as experience, performance, and promotions. On average, a Territory Manager can expect the following growth trajectory at Shriram General Insurance:

Experience	Average Salary Range
11 years	₹5.6 Lakhs to ₹7.2 Lakhs per year
15 years	₹5.0 Lakhs to ₹6.4 Lakhs per year

and so on.

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Shriram General Insurance Territory Manager Salaries

Shriram General Insurance Territory Manager salary in India ranges between ₹3.1 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Shriram General Insurance latest salaries received from various employees of Shriram General Insurance.