Smc Insurance Brokers Sales Manager Salaries by 7 Employees

4 - 13 years exp.

₹3.4 Lakhs - ₹5 Lakhs

Salary of majority employees

46% less than the average Sales Manager Salary in Insurance Companies for 4 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Sales Manager Salary 4 - 11 years exp. (3 salaries)	₹4 L/yr - ₹5 L/yr
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Sales & Business Development Sales Manager Salary 12 - 13 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.8 L/yr

Last Updated: 15 Mar 2023

Companies similar to Smc Insurance Brokers for Sales Manager

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Health Insurance Co Sales Manager Salary 0 - 8 years exp. (413 salaries)	₹2.6 L/yr - ₹5.1 L/yr 7% more
Future Generali India Life Insurance Sales Manager Salary 0 - 9 years exp. (208 salaries)	₹2.2 L/yr - ₹6.3 L/yr 1% more	40 job openings
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Cholamandalam MS General Insurance Sales Manager Salary 1 - 10 years exp. (200 salaries)	₹1.7 L/yr - ₹6 L/yr 10% more
Pramerica Life Insurance Sales Manager Salary 0 - 8 years exp. (166 salaries)	₹2 L/yr - ₹5 L/yr 12% less	28 job openings
Bharti AXA Life Insurance Sales Manager Salary 1 - 12 years exp. (119 salaries)	₹2.1 L/yr - ₹7.4 L/yr 12% more	1 job opening
Edelweiss Life Insurance Sales Manager Salary 3 - 9 years exp. (41 salaries)	₹2.5 L/yr - ₹6 L/yr 4% more
Ageas Federal Life Insurance Sales Manager Salary 1 - 10 years exp. (25 salaries)	₹2.9 L/yr - ₹7.6 L/yr 20% more
MetLife Sales Manager Salary 1 - 7 years exp. (22 salaries)	₹1.8 L/yr - ₹4 L/yr 14% less
IndiaFirst Life Insurance Sales Manager Salary 2 - 8 years exp. (21 salaries)	₹2.4 L/yr - ₹6.1 L/yr 6% more
Liberty General Insurance Sales Manager Salary 4 - 10 years exp. (16 salaries)	₹2.8 L/yr - ₹8.2 L/yr 44% more
Universal Sompo General Insurance Sales Manager Salary 3 - 15 years exp. (13 salaries)	₹2.1 L/yr - ₹6.5 L/yr 44% more
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Aegon Life Insurance Sales Manager Salary 3 - 9 years exp. (12 salaries)	₹3.5 L/yr - ₹6 L/yr 17% more
Kotak Mahindra General Insurance Sales Manager Salary 7 - 8 years exp. (7 salaries)	₹4.3 L/yr - ₹6.5 L/yr 38% more
Mahindra Insurance Brokers Sales Manager Salary 5 - 15 years exp. (6 salaries)	₹3.2 L/yr - ₹5 L/yr 12% more
Shriram General Insurance Sales Manager Salary 2 - 13 years exp. (6 salaries)	₹2.5 L/yr - ₹3.5 L/yr 19% less
CignaTTk Health Insurance Sales Manager Salary 1 - 7 years exp. (4 salaries)	₹2.9 L/yr - ₹3.1 L/yr 21% less
Marsh India Insurance Brokers Sales Manager Salary 8 - 11 years exp. (4 salaries)	₹19 L/yr - ₹26 L/yr 494% more
Medi Assist India Sales Manager Salary 1 - 5 years exp. (4 salaries)	₹1.9 L/yr - ₹14.2 L/yr 98% more
Europ Assistance India Sales Manager Salary 2 - 5 years exp. (3 salaries)	₹4.6 L/yr - ₹5.5 L/yr 33% more

Sales Manager salary at Smc Insurance Brokers ranges between ₹3.4 Lakhs to ₹5 Lakhs per year for employees with experience between 4 years to 13 years. Salary estimates are based on 7 latest salaries received from various employees of Smc Insurance Brokers.

Experience wise Smc Insurance Brokers Sales Manager salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹5 L/yr
5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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6 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
7 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
8 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4 L/yr
9 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
10 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4 L/yr
11 years (AmbitionBox Estimate)	₹4 L/yr - ₹7.3 L/yr
12 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.8 L/yr
13 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.8 L/yr

View all

Similar Designation salaries in Smc Insurance Brokers

Area Manager Salary

(9 salaries)

₹5 L/yr - ₹6.5 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

Sales Officer Salary

(3 salaries)

₹2.1 L/yr - ₹2.5 L/yr

Zonal Sales Manager Salary

(AmbitionBox Estimate)

₹13.5 L/yr - ₹17.3 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹7 L/yr - ₹9 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Marketing Manager Salary

(4 salaries)

₹1.8 L/yr - ₹5.5 L/yr

Regional Manager Salary

(3 salaries)

₹9 L/yr - ₹11 L/yr

Sales Executive Salary

(27 salaries)

₹1 L/yr - ₹3.5 L/yr

Top skills at Smc Insurance Brokers for Sales Manager

Relationship Management Insurance Sales Sales Management Marketing

Salary related reviews for Smc Insurance Brokers

2.7

Rated by 5 employees for salary & benefits

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.

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

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Smc Insurance Brokers Sales Manager Salary FAQs

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

The average salary of a Sales Manager at Smc Insurance Brokers in India typically ranges from ₹3.4 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 4 years to 13 years).

The top 10% of Sales Manager at Smc Insurance Brokers earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Sales Manager Salaries at Smc Insurance Brokers 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 7 Smc Insurance Brokers employees in India.

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

The estimated take-home salary of a Sales Manager at Smc Insurance Brokers in India typically ranges from ₹27,727 to ₹29,125 per month. This is based on the average salary range of ₹3.4 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 4 years to 13 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 7 salaries received from various employees of Smc Insurance Brokers. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Sales Manager at Smc Insurance Brokers ?

To be a Sales Manager at Smc Insurance Brokers in india, the key skills required include:

- Relationship Management
- Insurance Sales
- Sales Management
- Marketing

These skills are highly valued at Smc Insurance Brokers and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Smc Insurance Brokers for Sales Manager in India?

Marsh India Insurance Brokers	₹19.0 Lakhs to ₹26.0 Lakhs per year
Medi Assist India	₹1.9 Lakhs to ₹14.2 Lakhs per year
Universal Sompo General Insurance	₹2.1 Lakhs to ₹6.5 Lakhs per year
Liberty General Insurance	₹2.8 Lakhs to ₹8.2 Lakhs per year
Kotak Mahindra General Insurance	₹4.3 Lakhs to ₹6.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Smc Insurance Brokers, depending on the role and experience level.

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

The salary of a Sales Manager at companies similar to Smc Insurance Brokers in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Europ Assistance India	₹4.6 Lakhs to ₹5.5 Lakhs per year
Ageas Federal Life Insurance	₹2.9 Lakhs to ₹7.6 Lakhs per year
Aegon Life Insurance	₹3.5 Lakhs to ₹6.0 Lakhs per year
Bharti AXA Life Insurance	₹2.1 Lakhs to ₹7.4 Lakhs per year
Mahindra Insurance Brokers	₹3.2 Lakhs to ₹5.0 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 Sales Manager at Smc Insurance Brokers in India?

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

Experience	Average Salary Range
4 years	₹1.4 Lakhs to ₹5.0 Lakhs per year
5 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
6 years	₹3.3 Lakhs to ₹4.2 Lakhs per year
7 years	₹3.4 Lakhs to ₹4.3 Lakhs per year

and so on.

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Smc Insurance Brokers Sales Manager Salaries

Smc Insurance Brokers Sales Manager salary in India ranges between ₹3.4 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Smc Insurance Brokers latest salaries received from various employees of Smc Insurance Brokers.