Smc Insurance Brokers Area Manager Salaries by 9 Employees (Updated 2025)

5 - 12 years exp.

₹5 Lakhs - ₹6.5 Lakhs

Salary of majority employees

39% less than the average Area Manager Salary in Insurance Companies for 5 - 12 years of experience

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Salaries in different departments

Sales & Business Development Area Manager Salary 8 - 10 years exp. (3 salaries)	₹5.5 L/yr - ₹6 L/yr
BFSI, Investments & Trading Area Manager Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6 L/yr
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Strategic & Top Management Area Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹5.8 L/yr

Last Updated: 24 Jan 2025

Companies similar to Smc Insurance Brokers for Area Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz General Insurance Area Manager Salary 7 - 15 years exp. (16 salaries)	₹5.2 L/yr - ₹18 L/yr 76% more
ICICI Lombard General Insurance Company Area Manager Salary 5 - 17 years exp. (67 salaries)	₹6.8 L/yr - ₹18.8 L/yr 110% more
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HDFC Ergo General Insurance Area Manager Salary 5 - 20 years exp. (40 salaries)	₹6 L/yr - ₹12.5 L/yr 52% more
Tata AIG Area Manager Salary 6 - 19 years exp. (25 salaries)	₹6.3 L/yr - ₹15.5 L/yr 65% more
Reliance General Insurance Area Manager Salary 8 - 20 years exp. (22 salaries)	₹6.9 L/yr - ₹21 L/yr 133% more
Cholamandalam MS General Insurance Area Manager Salary 5 - 16 years exp. (128 salaries)	₹4.5 L/yr - ₹14 L/yr 56% more
Future Generali India Life Insurance Area Manager Salary 13 - 19 years exp. (41 salaries)	₹10.1 L/yr - ₹18.5 L/yr 159% more	2 job openings
Bharti AXA Life Insurance Area Manager Salary 7 - 19 years exp. (36 salaries)	₹6.1 L/yr - ₹16.5 L/yr 74% more
Aditya Birla Health Insurance Co Area Manager Salary 7 - 18 years exp. (31 salaries)	₹4.5 L/yr - ₹16.5 L/yr 74% more
Shriram General Insurance Area Manager Salary 12 - 20 years exp. (25 salaries)	₹8.3 L/yr - ₹15 L/yr 88% more
Liberty General Insurance Area Manager Salary 9 - 20 years exp. (24 salaries)	₹12.4 L/yr - ₹18.4 L/yr 153% more
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Edelweiss Life Insurance Area Manager Salary 12 - 20 years exp. (16 salaries)	₹10 L/yr - ₹16.7 L/yr 141% more
Ageas Federal Life Insurance Area Manager Salary 9 - 20 years exp. (5 salaries)	₹10 L/yr - ₹17 L/yr 141% more
Kotak Mahindra General Insurance Area Manager Salary 11 - 13 years exp. (5 salaries)	₹10.3 L/yr - ₹17 L/yr 109% more
Digit Insurance Area Manager Salary 7 - 14 years exp. (5 salaries)	₹5 L/yr - ₹8.5 L/yr 29% more
Pramerica Life Insurance Area Manager Salary 14 - 20 years exp. (4 salaries)	₹9 L/yr - ₹13.1 L/yr 93% more
Universal Sompo General Insurance Area Manager Salary 8 - 10 years exp. (4 salaries)	₹4.9 L/yr - ₹6.8 L/yr 7% less

Area Manager salary at Smc Insurance Brokers ranges between ₹5 Lakhs to ₹6.5 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 9 latest salaries received from various employees of Smc Insurance Brokers.

Experience wise Smc Insurance Brokers Area Manager salaries

Last Updated: 24 Jan 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹5 L/yr - ₹9.7 L/yr
6 years (AmbitionBox Estimate)	₹5 L/yr - ₹9.9 L/yr
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7 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
8 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹6 L/yr
9 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
10 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6 L/yr
11 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6 L/yr
12 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6.5 L/yr

View all

Similar Designation salaries in Smc Insurance Brokers

Sales Manager Salary

(7 salaries)

₹3.37 L/yr - ₹5 L/yr

Branch Manager Salary

(4 salaries)

₹2.4 L/yr - ₹4.5 L/yr

Area Sales Manager Salary

(6 salaries)

₹5.45 L/yr - ₹8.2 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹7 L/yr - ₹9 L/yr

Regional Manager Salary

(3 salaries)

₹9 L/yr - ₹11 L/yr

Marketing Manager Salary

(3 salaries)

₹1.8 L/yr - ₹4.6 L/yr

Territory Manager Salary

(AmbitionBox Estimate)

₹4.8 L/yr - ₹6.1 L/yr

Team Lead Salary

(28 salaries)

₹2.2 L/yr - ₹4.5 L/yr

Sales Officer Salary

(3 salaries)

₹2.1 L/yr - ₹2.5 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Top skills at Smc Insurance Brokers for Area Manager

B2B Sales Life Insurance Investment Advisory Insurance Sales Business Development agency Area Management Agency Management Direct Sales Agency Sales Field Sales Agent Recruitment Agency Channel

Salary related reviews for Smc Insurance Brokers

3.0

Rated by 7 employees for salary & benefits

Area Manager in New Delhi

Full Time

Sales & Business Development Department

1.0

• posted on 14 Jul 2023

1.0

for Salary and Benefits

Likes

Disgusting company h....meri salary kha gyi... disgusting company to work ever...Rahul Mittal name ka cheated man h company m RH bna baitha h...Sabki salry kha jatah....neech admi h ...Rahul Mittal...dont work ever here...

Dislikes

Disgusting ever company. Dont paid salry ever.false commitment and cheated people upper HR and ceo cmd and RH all... disgusting people

Salary - Bad

+6 more

Area Manager in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 04 Feb 2023

2.0

for Salary and Benefits

Likes

Nothing Worth Mentioning Salary On Time Only

Dislikes

No Job Security Before Completing Probation They Will Seperate One Employee Stating Productivity Issue For The Sake Of GMC and GPA Coverage Post Probation And Notice Period 60 Days No On Job Training No Clarity On Months Target No KPI No Incentive For Sales People No Contest, RNR For Agents and Intermediary

Salary - Poor

+6 more

Team Lead in Noida

Full Time

Engineering - Software & QA Department

4.0

• posted on 18 Oct 2023

5.0

for Salary and Benefits

Likes

Gives chance to freshers. Salary in time. Give opportunities to grow.

Salary - Excellent

+6 more

Dislikes

There is scope of improvement in every company so is with SMC insurance. They need improvement in team structure and need to work on how to priorities the task.

Sales Executive in Noida

Other Department

5.0

• posted on 01 Nov 2018

2.0

for Salary and Benefits

Likes

According my experince,best managent of smc insurance company.and senior behive like a friend.

Promotions - Good

Dislikes

compensation is decent,but growth is slow.i completed my target every month but i am not promoted.this is fact of company.....

Salary - Poor

+4 more

Back Office Associate in New Delhi

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 29 Oct 2022

1.0

for Salary and Benefits

Likes

Nothing.

Work-life balance - Good

Dislikes

...ve my 7 precious year but no recognition at all. Even director does't know me. Company not providing better salary. Seniors are cheap minded. They can't see u grow within or outside the organisation. Well, i left from here and much more satisfied where i am right now.

Salary - Bad

+3 more

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Smc Insurance Brokers Area Manager Salary FAQs

What is the salary of Area Manager at Smc Insurance Brokers?

Area Manager salary at Smc Insurance Brokers in India ranges between ₹5.0 Lakhs to ₹6.5 Lakhs for experience between 5 years to 12 years. According to our estimates it is 39% less than the average Area Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Smc Insurance Brokers India.

How does the salary of a Area Manager at Smc Insurance Brokers India compare with the average salary range for this job?

The average salary of a Area Manager at Smc Insurance Brokers is 39% less than the average salary of a Area Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Area Manager at Smc Insurance Brokers?

B2B Sales, Life Insurance, Investment Advisory, Insurance Sales and Business Development are some of the popular skills required to work as a Area Manager at Smc Insurance Brokers India.

Which similar companies are paying more than Smc Insurance Brokers to a Area Manager in India?

Future Generali India Life Insurance Area Manager Salary - ₹10.1 Lakhs to ₹18.5 Lakhs per year
Liberty General Insurance Area Manager Salary - ₹12.4 Lakhs to ₹18.4 Lakhs per year
Edelweiss Life Insurance Area Manager Salary - ₹10.0 Lakhs to ₹16.7 Lakhs per year
Ageas Federal Life Insurance Area Manager Salary - ₹10.0 Lakhs to ₹17.0 Lakhs per year
Reliance General Insurance Area Manager Salary - ₹6.9 Lakhs to ₹21.0 Lakhs per year

What is the salary of a Area Manager in companies similar to Smc Insurance Brokers in India?

ICICI Lombard General Insurance Company Area Manager Salary - ₹6.8 Lakhs to ₹18.8 Lakhs per year
Kotak Mahindra General Insurance Area Manager Salary - ₹10.3 Lakhs to ₹17.0 Lakhs per year
Pramerica Life Insurance Area Manager Salary - ₹9.0 Lakhs to ₹13.1 Lakhs per year
Shriram General Insurance Area Manager Salary - ₹8.3 Lakhs to ₹15.0 Lakhs per year
Bajaj Allianz General Insurance Area Manager Salary - ₹5.2 Lakhs to ₹18.0 Lakhs per year

What is the estimated take home salary of a Area Manager at Smc Insurance Brokers in India?

The estimated take-home salary of a Area Manager at Smc Insurance Brokers ranges between ₹44,629 per month to ₹45,726 per month in India. The take-home salary calculation is based on the average Smc Insurance Brokers Area Manager salary in India which ranges between ₹5.0 Lakhs to ₹6.5 Lakhs per year for employees with experience between 5 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Area Manager at Smc Insurance Brokers?

According to AmbitionBox, 43% of the Smc Insurance Brokers Area Managers reported a notice period of 1 Month, 28% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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Smc Insurance Brokers Area Manager Salaries

Smc Insurance Brokers Area Manager salary in India ranges between ₹5 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Smc Insurance Brokers latest salaries received from various employees of Smc Insurance Brokers.