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Spectrum Insurance Distribution Sales Manager salaries in India (Updated 2025)

Annual salary range
4 - 6 years exp.
₹2.9 Lakhs - ₹5.5 Lakhs
Salary of majority employees
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36% less than the average Sales Manager Salary in Insurance Companies for 4 - 6 years of experience

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Salaries in different departments

Sales & Business Development
Sales Manager Salary
4 - 6 years exp. (4 salaries)
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₹3.5 L/yr - ₹5.5 L/yr

BFSI, Investments & Trading
Sales Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.1 L/yr

Marketing & Communication
Sales Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹3.9 L/yr

Teaching & Training
Sales Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹2.6 L/yr - ₹3.1 L/yr

Last Updated: 14 Feb 2025

Companies similar to Spectrum Insurance Distribution for Sales Manager

Company name Avg Annual Salary Open Jobs
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₹2.5 L/yr - ₹10.6 L/yr

arrow icon 52% more
21 job openings
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HDFC Life Sales Manager Salary

0 - 11 years exp. (697 salaries)

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₹1.1 L/yr - ₹7.5 L/yr

arrow icon 6% more
4 job openings
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₹2 L/yr - ₹11.4 L/yr

arrow icon 49% more
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₹2 L/yr - ₹6.2 L/yr

arrow icon 2% less
5 job openings
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HDFC Ergo General Insurance Sales Manager Salary

0 - 10 years exp. (283 salaries)

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₹2.4 L/yr - ₹7.7 L/yr

arrow icon 3% less
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Coverfox Sales Manager Salary

3 - 10 years exp. (7 salaries)

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₹3.3 L/yr - ₹6 L/yr

arrow icon 3% more
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₹4.3 L/yr - ₹6.5 L/yr

arrow icon 16% more
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₹4.8 L/yr - ₹5.3 L/yr

arrow icon 12% more
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₹4 L/yr - ₹4.5 L/yr

arrow icon 4% less
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₹2.6 L/yr - ₹3.3 L/yr

arrow icon 35% less
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Docland Sales Manager Salary

3 - 19 years exp. (4 salaries)

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₹2.4 L/yr - ₹4.2 L/yr

arrow icon 26% less
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₹3.3 L/yr - ₹4.3 L/yr

arrow icon 19% less
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₹4.5 L/yr - ₹13.5 L/yr

arrow icon 118% more
Sales Manager salary at Spectrum Insurance Distribution ranges between ₹2.9 Lakhs to ₹5.5 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 7 latest salaries received from various employees of Spectrum Insurance Distribution .

Latest annual salaries shared by Spectrum Insurance Distribution Sales Manager

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Experience wise Spectrum Insurance Distribution Sales Manager salaries

Last Updated: 14 Feb 2025

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹5.1 L/yr - ₹9.4 L/yr
5 years  (4 salaries)

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₹2.9 L/yr - ₹5.5 L/yr
6 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.8 L/yr

Similar Designation salaries in Spectrum Insurance Distribution

Area Manager Salary
(5 salaries)
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₹3.7 L/yr - ₹11 L/yr
Branch Manager Salary
(4 salaries)
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₹3.5 L/yr - ₹5.25 L/yr
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₹4.7 L/yr - ₹6.5 L/yr
Sales Officer Salary
(AmbitionBox Estimate)
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₹2.6 L/yr - ₹3.3 L/yr
Deputy Manager Salary
(3 salaries)
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₹3.5 L/yr - ₹3.6 L/yr
Marketing Manager Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.1 L/yr
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₹1.68 L/yr - ₹2.5 L/yr
Assistant Sales Manager Salary
(AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr
Relationship Manager Salary
(AmbitionBox Estimate)
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₹3.9 L/yr - ₹4.9 L/yr
Team Lead Salary
(AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr

Top skills at Spectrum Insurance Distribution for Sales Manager

Life Insurance Sales Insurance Sales Sales Planning Switching Insurance Business Development Marking Ionic Framework SAS SQL Sales Management Advance Licence Agency Channel Business Development New Business

Salary related reviews for Spectrum Insurance Distribution

1.7

Rated by 2 employees for salary & benefits

Full Time

 · 

Sales Department

5.0
  •  posted on 19 Nov 2021

5.0
 for  Salary and Benefits

Likes

JOB SECURITY:- My organization is the only one organization who has lots of option for working employee. As it Name show insurance distribution, We have three BANK colouration SBI PNB &HDFC .If one not good performs in anyone them bank then we shift his to another try here if not go another all three BANK have different plan different presentations. So that is the security of job . WORK CULTURE:- . We are work for Belt duty means defence & Peramillitary , State police. Railway Police. Well disinclined well decorum , our most of Superior Retirement Officers ARMY PERAMILLITARY. COMMENDED and more higher Rank officer . We work in a team as relay race . Sales Team . Telecaster, Back hand team , Administration team Account department. And most importantly we have insurance king how spend more then 30year experience in Insurance industry for training team . Product information team . Our work Culture. COMPANY POLICY:- ONLY ONE WORD IF YOU GIVE YOUR BEST WE GIVE YIUR CLIENT BEST SERVICE, WITH A COMMETMENT. ANY HOW . I AM VERY LUCKY TO PART OF THIS ORGANIZATION IT'S GIVE ME LOTS OF ABILITIES TO GRAPES THE BEST OPPORTUNITY. I HAVE NOT IDEA WHERE IS MY FIVE YEAR IN THERE . WE WORK AS FAMILY TEAM.

read more
  • Salary - Excellent
  • +4 more

Dislikes

Incentive part is not good take long time to release. Bit salary before on time as Sunday or bank holiday . Freedom to moov another bank if your not comfortable in current bank . Freedom to speak directly little miss the decuram.

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Life Insurance Department

5.0
  •  posted on 17 Jun 2021

5.0
 for  Salary and Benefits

Likes

...ure teammates are supportive but some not supportive and the management is good. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more
  • Salary - Excellent
  • +3 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is fast.

read more
  • Work satisfaction - Poor
  • +1 more

Full Time

 · 

Marketing & Communication Department

1.0
  •  posted on 10 Mar 2024

1.0
 for  Salary and Benefits

Likes

WORST COMPANY TO WORK. OWNER IS SO GREEDY . DOESNT GIVE SALARY ON TIME. PEOPLE ARE SO TOXIC, ABUSIVE AND UNPROFESSIONAL. WORST COMPANY. DONT EVER JOIN THIS . WORST NIGHTMARE. NO JOB SECURITY. NEVER JOIN THIS YOU WILL REGRET

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Dislikes

Worst company

  • Salary - Bad
  • +6 more

Full Time

 · 

Marketing & Communication Department

5.0
  •  posted on 30 Jun 2022

5.0
 for  Salary and Benefits

Likes

It is awesome. At every situation. Job satisfaction, Growth I start 2016 from 15k and now I am taking 44k.

  • Salary - Excellent
  • +6 more

Dislikes

Long time touring 2month to 3month continue out of station according to me bcoz I am a married person I have two child and my mother . I was with him when they required me . I take help to someone . Nothing anything with me

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Full Time

 · 

Human Resources Department

3.0
  •  posted on 11 Dec 2024

5.0
 for  Salary and Benefits

Likes

The skills we achieved

  • Salary - Excellent
  • +2 more

Dislikes

As an employee, even if you are performing so well there will be no increament you will get due to the leader.....leaders are so much unskilled and having bad behaviors as they are handling every department in which they are having lack of knowledge. Not supportable at all.

read more
  • Job security - Bad
  • +3 more
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Spectrum Insurance Distribution Sales Manager Salary FAQs

What is the salary of Sales Manager at Spectrum Insurance Distribution ?
The average salary of a Sales Manager at Spectrum Insurance Distribution in India typically ranges from ₹2.9 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 4 years to 6 years).

The top 10% of Sales Manager at Spectrum Insurance Distribution earn more than ₹5.4 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Sales Manager Salaries at Spectrum Insurance Distribution 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 Spectrum Insurance Distribution employees in India.
What is the estimated take home salary of a Sales Manager at Spectrum Insurance Distribution in India?
The estimated take-home salary of a Sales Manager at Spectrum Insurance Distribution in India typically ranges from ₹33,499 to ₹34,761 per month. This is based on the average salary range of ₹2.9 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 4 years to 6 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 Spectrum Insurance Distribution . 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 Spectrum Insurance Distribution ?
To be a Sales Manager at Spectrum Insurance Distribution in india, the key skills required include:

  • - Life Insurance
  • - Sales
  • - Insurance Sales
  • - Sales Planning
  • - Switching

These skills are highly valued at Spectrum Insurance Distribution and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Spectrum Insurance Distribution for Sales Manager in India?
Maruti Suzuki Insurance Broking ₹4.5 Lakhs to ₹13.5 Lakhs per year
ICICI Prudential Life Insurance ₹2.5 Lakhs to ₹10.6 Lakhs per year
ICICI Lombard General Insurance Company ₹2.0 Lakhs to ₹11.4 Lakhs per year
Kotak Mahindra General Insurance ₹4.3 Lakhs to ₹6.5 Lakhs per year
Aegon Religare Life Insurance ₹4.8 Lakhs to ₹5.3 Lakhs per year

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

HDFC Life ₹1.1 Lakhs to ₹7.5 Lakhs per year
Coverfox ₹3.3 Lakhs to ₹6.0 Lakhs per year
Kotak Mahindara Life Insurance ₹2.0 Lakhs to ₹6.2 Lakhs per year
HDFC Ergo General Insurance ₹2.4 Lakhs to ₹7.7 Lakhs per year
Robinhood Insurance Broker ₹4.0 Lakhs to ₹4.5 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 Spectrum Insurance Distribution in India?
The salary growth for a Sales Manager at Spectrum Insurance Distribution depends on factors such as experience, performance, and promotions. On average, a Sales Manager can expect the following growth trajectory at Spectrum Insurance Distribution :

Experience Average Salary Range
4 years ₹5.1 Lakhs to ₹9.4 Lakhs per year
5 years ₹2.9 Lakhs to ₹5.5 Lakhs per year
6 years ₹3.5 Lakhs to ₹4.8 Lakhs per year
and so on.

Tell us how to improve this page.

Spectrum Insurance Distribution Sales Manager salary in India ranges between ₹2.9 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Spectrum Insurance Distribution latest salaries received from various employees of Spectrum Insurance Distribution .