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Star Health & Allied Insurance Territory Manager salaries in India (Updated 2025)

Annual salary range
10 - 20 years exp.
₹7.2 Lakhs - ₹17 Lakhs
Salary of majority employees
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78% more than the average Territory Manager Salary in Insurance Companies for 10 - 20 years of experience

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Salaries in different departments

Sales & Business Development
Territory Manager Salary
11 - 20 years exp. (15 salaries)
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₹8 L/yr - ₹16 L/yr

BFSI, Investments & Trading
Territory Manager Salary
11 - 20 years exp. (14 salaries)
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₹7.2 L/yr - ₹15.6 L/yr

Marketing & Communication
Territory Manager Salary
12 - 20 years exp. (3 salaries)
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₹9.8 L/yr - ₹16 L/yr

Last Updated: 5 Jan 2025

Companies similar to Star Health & Allied Insurance for Territory Manager

Company name Avg Annual Salary Open Jobs
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₹2.6 L/yr - ₹7 L/yr

arrow icon 62% less
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PNB MetLife Territory Manager Salary

4 - 17 years exp. (385 salaries)

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₹4.3 L/yr - ₹11.3 L/yr

arrow icon 43% less
6 job openings
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₹3.7 L/yr - ₹9.1 L/yr

arrow icon 52% less
2 job openings
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HDFC Life Territory Manager Salary

9 - 20 years exp. (150 salaries)

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₹11.3 L/yr - ₹21 L/yr

arrow icon 10% more
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₹4 L/yr - ₹12 L/yr

arrow icon 47% less
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₹4 L/yr - ₹7.1 L/yr

arrow icon 60% less
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₹5.2 L/yr - ₹10.5 L/yr

arrow icon 42% less
2 job openings
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₹5.6 L/yr - ₹14 L/yr

arrow icon 32% less
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Axis Max Life Insurance Territory Manager Salary

10 - 18 years exp. (39 salaries)

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₹7.5 L/yr - ₹19 L/yr

At par
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₹4 L/yr - ₹10 L/yr

arrow icon 48% less
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₹6 L/yr - ₹9 L/yr

arrow icon 49% less
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₹3 L/yr - ₹7.2 L/yr

arrow icon 66% less
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₹4 L/yr - ₹11.5 L/yr

arrow icon 41% less
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₹5.5 L/yr - ₹6.2 L/yr

arrow icon 56% less
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MetLife Territory Manager Salary

7 - 14 years exp. (4 salaries)

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₹6 L/yr - ₹8.7 L/yr

arrow icon 44% less
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SBI General Insurance Territory Manager Salary

16 - 20 years exp. (4 salaries)

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₹5.2 L/yr - ₹9.3 L/yr

arrow icon 53% less
Territory Manager salary at Star Health & Allied Insurance ranges between ₹7.2 Lakhs to ₹17 Lakhs per year for employees with experience between 10 years to 20 years. Salary estimates are based on 42 latest salaries received from various employees of Star Health & Allied Insurance.

Latest annual salaries shared by Star Health & Allied Insurance Territory Manager

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Experience wise Star Health & Allied Insurance Territory Manager salaries

Last Updated: 5 Jan 2025

Experience Avg Annual Salary
10 years (AmbitionBox Estimate)

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₹5.3 L/yr - ₹15 L/yr
11 years (AmbitionBox Estimate)

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₹9.5 L/yr - ₹23.9 L/yr
12 years (AmbitionBox Estimate)

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₹10.3 L/yr - ₹23.9 L/yr
13 years  (3 salaries)

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₹8 L/yr - ₹14 L/yr
14 years  (11 salaries)

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₹9.8 L/yr - ₹17 L/yr
View all
Star Health & Allied Insurance Territory Manager Salary and Career Growth

From

To

Territory Manager

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10 - 20 years exp.

Senior Area Manager

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15 - 22 years exp.

Territory Manager 10 - 20 years exp.
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Area Manager 8 - 19 years exp.
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arrow icon -3% hike
    Senior Area Manager 15 - 22 years exp.
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    arrow icon 65% hike
    Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

    Similar Designation salaries in Star Health & Allied Insurance

    unlock blur
    ₹9 L/yr - ₹13.75 L/yr
    Deputy Manager Salary
    (205 salaries)
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    ₹2.7 L/yr - ₹10 L/yr
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    ₹15.5 L/yr - ₹22 L/yr
    Area Manager Salary
    (47 salaries)
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    ₹5.71 L/yr - ₹22 L/yr
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    ₹4.8 L/yr - ₹9.5 L/yr
    Sales Manager Salary
    (234 salaries)
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    ₹0.6 L/yr - ₹6 L/yr
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    ₹2.86 L/yr - ₹10.2 L/yr
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    ₹1.5 L/yr - ₹4.5 L/yr
    Territory Sales Executive Salary
    (AmbitionBox Estimate)
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    ₹3.4 L/yr - ₹4.4 L/yr
    Team Lead Salary
    (125 salaries)
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    ₹2 L/yr - ₹6.05 L/yr

    Top skills at Star Health & Allied Insurance for Territory Manager

    Territory Management Management Team Handling Channel Sales General Insurance Insurance Communication Skills Insurance Sales Business Development Area Management Health Insurance Sales Management Sales Marketing

    Salary related reviews for Star Health & Allied Insurance

    3.1

    Rated by 10 employees for salary & benefits

    Full Time

     · 

    Sales & Business Development Department

    2.0
      •  posted on 14 Jul 2024

    2.0
     for  Salary and Benefits

    Likes

    They can do everything to destroy your Career. They can't pay They have their own rules and regulations

    read more

    Dislikes

    Here seniors migrate your business and earns commission/incentives and will eat your job if you raise a voice.

    • Salary - Poor
    • +5 more

    Full Time

     · 

    Sales & Business Development Department

    4.0
      •  posted on 02 Apr 2024

    2.0
     for  Salary and Benefits

    Likes

    Employee login business regularly then no one can interrupt and ask questions.

    • Work satisfaction - Good

    Dislikes

    ...upport. Senior employee are deciding the rule and norms to run the organisation. No salary increments no leaves , even work on holidays.

    read more
    • Salary - Poor
    • +5 more

    Full Time

     · 

    Healthcare & Life Sciences Department

    1.0
      •  posted on 31 Jan 2023

    1.0
     for  Salary and Benefits

    Likes

    This section is not suitable for this company.

    Dislikes

    ...o BDS/BAMS/BHMS, they will not regard you and your credentials. HR is atrocious. Stated salary as per bond not provided. There is no work life balance. Keep on insisting to work on Sunday's in the name of roasters.

    read more
    • Salary - Bad
    • +6 more

    Full Time

     · 

    Sales Department

    1.0
      •  posted on 14 Dec 2022

    1.0
     for  Salary and Benefits

    Likes

    Only salary comes before date.

    Dislikes

    There is lots of managers who have gang of their own .they do not want to stay new employee.even they behave like mawalis they shouts like animals.such a people i have seen in my life.very pathetic experience i have .

    read more
    • Salary - Bad
    • +6 more

    Full Time

     · 

    Banca sales Department

    1.0
      •  posted on 17 Jul 2022

    1.0
     for  Salary and Benefits

    Likes

    It's a very good company for those who are working for a agency channel.

    Dislikes

    My review best on banca channel:- Salary is very below as per industry standard No growth Very poor Management No work environment

    read more
    • Salary - Bad
    • +4 more
    see more salary related reviews

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    Star Health & Allied Insurance Territory Manager Salary FAQs

    What is the salary of Territory Manager at Star Health & Allied Insurance ?
    The average salary of a Territory Manager at Star Health & Allied Insurance in India typically ranges from ₹7.2 Lakhs to ₹17.0 Lakhs per year, depending on experience (from 10 years to 20 years).

    The top 10% of Territory Manager at Star Health & Allied Insurance earn more than ₹15.6 Lakhs per year, and the top 1% earn over ₹17.0 Lakhs per year. Territory Manager Salaries at Star Health & Allied 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 40+ Star Health & Allied Insurance employees in India.
    What is the estimated take home salary of a Territory Manager at Star Health & Allied Insurance in India?
    The estimated take-home salary of a Territory Manager at Star Health & Allied Insurance in India typically ranges from ₹93,760 to ₹96,280 per month. This is based on the average salary range of ₹7.2 Lakhs to ₹17.0 Lakhs per year for employees with experience ranging from 10 years to 20 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 40+ salaries received from various employees of Star Health & Allied Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
    What are the key skills required to be a Territory Manager at Star Health & Allied Insurance ?
    To be a Territory Manager at Star Health & Allied Insurance in india, the key skills required include:

    • - Territory Management
    • - Management
    • - Team Handling
    • - Channel Sales
    • - General Insurance

    These skills are highly valued at Star Health & Allied Insurance and are crucial for successful performance in a Software Engineering role.
    Which companies offer higher salaries than Star Health & Allied Insurance for Territory Manager in India?
    HDFC Life ₹11.3 Lakhs to ₹21.0 Lakhs per year
    Axis Max Life Insurance ₹7.5 Lakhs to ₹19.0 Lakhs per year

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

    ICICI Lombard General Insurance Company ₹5.6 Lakhs to ₹14.0 Lakhs per year
    Life Insurance Corporation of India ₹4.0 Lakhs to ₹11.5 Lakhs per year
    Tata AIA Life Insurance ₹5.2 Lakhs to ₹10.5 Lakhs per year
    PNB MetLife ₹4.3 Lakhs to ₹11.3 Lakhs per year
    MetLife ₹6.0 Lakhs to ₹8.7 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 Territory Manager at Star Health & Allied Insurance in India?
    The salary growth for a Territory Manager at Star Health & Allied Insurance depends on factors such as experience, performance, and promotions. On average, a Territory Manager can expect the following growth trajectory at Star Health & Allied Insurance:

    Experience Average Salary Range
    10 years ₹5.3 Lakhs to ₹15.0 Lakhs per year
    11 years ₹9.5 Lakhs to ₹23.9 Lakhs per year
    12 years ₹10.3 Lakhs to ₹23.9 Lakhs per year
    13 years ₹8.0 Lakhs to ₹14.0 Lakhs per year
    and so on.

    Tell us how to improve this page.

    Star Health & Allied Insurance Territory Manager salary in India ranges between ₹7.2 Lakhs to ₹17 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 42 Star Health & Allied Insurance latest salaries received from various employees of Star Health & Allied Insurance.