United India Insurance Company Senior Divisional Manager Salaries by 9 Employees

15 - 32 years exp.

₹13 Lakhs - ₹21.1 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

7% more than the average Senior Divisional Manager Salary in Insurance Companies for 15 - 32 years of experience

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Last Updated: 15 Mar 2024

Companies similar to United India Insurance Company for Senior Divisional Manager

Company name	Avg Annual Salary	Open Jobs
SBI Life Insurance Company Senior Divisional Manager Salary 14 - 25 years exp. (26 salaries)	₹15 L/yr - ₹28.8 L/yr 23% more
Star Health & Allied Insurance Senior Divisional Manager Salary 6 - 20 years exp. (18 salaries)	₹5.9 L/yr - ₹13.4 L/yr 54% less
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Kotak Mahindara Life Insurance Senior Divisional Manager Salary 19 - 23 years exp. (7 salaries)	₹22 L/yr - ₹27 L/yr 32% more
The New India Assurance Co. Senior Divisional Manager Salary 21 - 33 years exp. (5 salaries)	₹16 L/yr - ₹35 L/yr 48% more
Shriram Life Insurance Senior Divisional Manager Salary 10 - 20 years exp. (4 salaries)	₹8 L/yr - ₹10 L/yr 47% less
National Insurance Company Senior Divisional Manager Salary 12 - 15 years exp. (4 salaries)	₹24.3 L/yr - ₹40 L/yr 53% more
Life Insurance Corporation of India Senior Divisional Manager Salary 31 - 33 years exp. (3 salaries)	₹24 L/yr - ₹30.2 L/yr 62% more

Senior Divisional Manager salary at United India Insurance Company ranges between ₹13 Lakhs to ₹21.1 Lakhs per year for employees with experience between 15 years to 32 years. Salary estimates are based on 9 latest salaries received from various employees of United India Insurance Company.

Experience wise United India Insurance Company Senior Divisional Manager salaries

Last Updated: 15 Mar 2024

Experience	Avg Annual Salary
15+ years (9 salaries)	₹13 L/yr - ₹21.1 L/yr
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Similar Designation salaries in United India Insurance Company

Regional Manager Salary

(7 salaries)

₹9 L/yr - ₹34.4 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹8.5 L/yr - ₹10.8 L/yr

Branch Manager Salary

(7 salaries)

₹9 L/yr - ₹20 L/yr

Sales Manager Salary

(4 salaries)

₹3.3 L/yr - ₹4.3 L/yr

Deputy Manager Salary

(14 salaries)

₹11 L/yr - ₹24 L/yr

Chief Manager Salary

(AmbitionBox Estimate)

₹11.9 L/yr - ₹15.2 L/yr

Branch Head Salary

(AmbitionBox Estimate)

₹13.3 L/yr - ₹17 L/yr

Salary related reviews for United India Insurance Company

4.6

Rated by 3 employees for salary & benefits

Regional Manager in Hyderabad / Secunderabad

Full Time

Administration & Facilities Department

4.0

• posted on 30 Dec 2023

4.0

for Salary and Benefits

Likes

It is a secure job. Salary is good and opportunities of growth are good.

Salary - Good

+3 more

Dislikes

...blic Sector Company. You yourself have to find out the opportunities for growth. Salary structure is fixed. Only a few posts carry job-related incentives.

Regional Manager in Chennai

BFSI, Investments & Trading Department

5.0

• posted on 01 Dec 2019

5.0

for Salary and Benefits

Likes

All aspects including implementing technical knowledge, development of the organization, status, salary other perquisites,job protection,job rotation, etc. I have reached the saturatio point in my career.

Salary - Excellent

+6 more

Dislikes

Nil

Senior Branch Manager

BFSI, Investments & Trading Department

5.0

• posted on 19 Apr 2019

5.0

for Salary and Benefits

Likes

...ere. Training programs are held time to time to make the staffs better equipped. Salary also very lucrative with DA revised quarterly. LTS, Mediclaim coverage subsidised, Festival advance, Pension / PF. HB / Vehicle loans & other so many benefits are there. Promotion Policy very good with departmental technical qualification. Those who opt for marketing assignment are blessed with 4 no. of cars with maintenance expenses. Whatever more one needs !

Salary - Excellent

+6 more

Dislikes

Government reservation policy may sometimes delay one's promotion: but same can be overridden with your exceptional performance & higher technical qualification. Another hiccup is your immediate boss should be cooperative & reliable one without any prejudice to your career growth. Notwithstanding, I do not find any such hurdling undercurrent.

Assistant Manager in Ahmedabad

Other Department

5.0

• posted on 21 Sep 2018

5.0

for Salary and Benefits

Likes

I am well satisfied with Salary ..apprisal,,Work enviourment , Innovation by Higher up ..Learing though training.. No politics in our company

Salary - Excellent

+6 more

Dislikes

Person who is only cretisize , which is not like to me..

Senior Manager Sales, Marketing & Business Development in Kollam

Marketing & Communication Department

3.0

• posted on 01 Mar 2022

2.0

for Salary and Benefits

Likes

Good work culture with respect and professionalism. No inequality in the organization with regard to cast, region, or gender orientation. Management concentrated on employees' productivity and work atmosphere, and do not give undue importance/indulge in personal and private affairs. Flexible timing was offered for marketing staff considering their travel requirements.

Job security - Good

+1 more

Dislikes

Being a small consultant organization there is limited potential for hiring qualified, experienced, and more competitive professionals due to budget constraints. This makes an overload to a few employees/managing partners.

Salary - Poor

+2 more

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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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United India Insurance Company Senior Divisional Manager Salary FAQs

What is the salary of Senior Divisional Manager at United India Insurance Company ?

The average salary of a Senior Divisional Manager at United India Insurance Company in India typically ranges from ₹13.0 Lakhs to ₹21.1 Lakhs per year, depending on experience (from 15 years to 32 years).

The top 10% of Senior Divisional Manager at United India Insurance Company earn more than ₹21.1 Lakhs per year, and the top 1% earn over ₹21.1 Lakhs per year. Senior Divisional Manager Salaries at United India Insurance Company 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 9 United India Insurance Company employees in India.

What is the estimated take home salary of a Senior Divisional Manager at United India Insurance Company in India?

The estimated take-home salary of a Senior Divisional Manager at United India Insurance Company in India typically ranges from ₹1,21,575 to ₹1,25,042 per month. This is based on the average salary range of ₹13.0 Lakhs to ₹21.1 Lakhs per year for employees with experience ranging from 15 years to 32 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 9 salaries received from various employees of United India Insurance Company. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than United India Insurance Company for Senior Divisional Manager in India?

Life Insurance Corporation of India	₹24.0 Lakhs to ₹30.2 Lakhs per year
National Insurance Company	₹24.3 Lakhs to ₹40.0 Lakhs per year
The New India Assurance Co.	₹16.0 Lakhs to ₹35.0 Lakhs per year
Kotak Mahindara Life Insurance	₹22.0 Lakhs to ₹27.0 Lakhs per year
SBI Life Insurance Company	₹15.0 Lakhs to ₹28.8 Lakhs per year

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

What is the salary of a Senior Divisional Manager in companies similar to United India Insurance Company in India?

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

Shriram Life Insurance	₹8.0 Lakhs to ₹10.0 Lakhs per year
Star Health & Allied Insurance	₹5.9 Lakhs to ₹13.4 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 Senior Divisional Manager at United India Insurance Company in India?

The salary growth for a Senior Divisional Manager at United India Insurance Company depends on factors such as experience, performance, and promotions. On average, a Senior Divisional Manager can expect the following growth trajectory at United India Insurance Company:

Experience	Average Salary Range
15 years	₹13.0 Lakhs to ₹21.1 Lakhs per year

and so on.

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United India Insurance Company Senior Divisional Manager Salaries

United India Insurance Company Senior Divisional Manager salary in India ranges between ₹13 Lakhs to ₹21.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 United India Insurance Company latest salaries received from various employees of United India Insurance Company.