Universal Sompo General Insurance Area Manager Salaries by 4 Employees (Updated 2025)

8 - 10 years exp.

₹4.9 Lakhs - ₹6.8 Lakhs

Low Confidence

Salary of majority employees

43% less than the average Area Manager Salary in Insurance Companies for 8 - 10 years of experience

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Last Updated: 26 Jun 2024

Companies similar to Universal Sompo General Insurance for Area Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Area Manager Salary 3 - 17 years exp. (74 salaries)	₹6.8 L/yr - ₹18.5 L/yr 129% more
HDFC Ergo General Insurance Area Manager Salary 5 - 20 years exp. (40 salaries)	₹6 L/yr - ₹12.5 L/yr 62% more
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Bajaj Allianz General Insurance Area Manager Salary 7 - 15 years exp. (16 salaries)	₹5.2 L/yr - ₹18 L/yr 88% more	1 job opening
Reliance General Insurance Area Manager Salary 8 - 20 years exp. (22 salaries)	₹6.9 L/yr - ₹21 L/yr 147% more
Tata AIG Area Manager Salary 6 - 19 years exp. (25 salaries)	₹6.3 L/yr - ₹15.5 L/yr 77% more
SBI General Insurance Area Manager Salary 3 - 21 years exp. (6 salaries)	₹9 L/yr - ₹15.2 L/yr 111% more
Future Generali India Life Insurance Area Manager Salary 13 - 19 years exp. (41 salaries)	₹10.1 L/yr - ₹18.5 L/yr 177% more	2 job openings
Cholamandalam MS General Insurance Area Manager Salary 5 - 16 years exp. (129 salaries)	₹4.5 L/yr - ₹14 L/yr 53% more
Bharti AXA Life Insurance Area Manager Salary 7 - 19 years exp. (36 salaries)	₹6.1 L/yr - ₹16.5 L/yr 88% more
Aviva Life Insurance India Area Manager Salary 7 - 20 years exp. (35 salaries)	₹7 L/yr - ₹14 L/yr 99% more
Aditya Birla Health Insurance Co Area Manager Salary 7 - 18 years exp. (31 salaries)	₹4.5 L/yr - ₹16.5 L/yr 86% more
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ManipalCigna Health Insurance Area Manager Salary 11 - 20 years exp. (27 salaries)	₹7.2 L/yr - ₹12.5 L/yr 87% more
Shriram General Insurance Area Manager Salary 12 - 20 years exp. (25 salaries)	₹8.3 L/yr - ₹15 L/yr 101% more
Edelweiss Life Insurance Area Manager Salary 12 - 20 years exp. (16 salaries)	₹10 L/yr - ₹16.7 L/yr 158% more
Royal Sundaram General Insurance Area Manager Salary 11 - 19 years exp. (7 salaries)	₹9 L/yr - ₹18.5 L/yr 102% more
IndiaFirst Life Insurance Area Manager Salary 7 - 17 years exp. (6 salaries)	₹8 L/yr - ₹13 L/yr 80% more
Ageas Federal Life Insurance Area Manager Salary 9 - 20 years exp. (5 salaries)	₹10 L/yr - ₹17 L/yr 158% more
Digit Insurance Area Manager Salary 7 - 14 years exp. (5 salaries)	₹5 L/yr - ₹8.5 L/yr 38% more
Allianz Partners Area Manager Salary 8 - 11 years exp. (3 salaries)	₹5.3 L/yr - ₹8 L/yr 23% more

Area Manager salary at Universal Sompo General Insurance ranges between ₹4.9 Lakhs to ₹6.8 Lakhs per year for employees with experience between 8 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Universal Sompo General Insurance.

Experience wise Universal Sompo General Insurance Area Manager salaries

Last Updated: 26 Jun 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.4 L/yr
9 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹9.9 L/yr
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10 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.8 L/yr

Similar Designation salaries in Universal Sompo General Insurance

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₹8 L/yr - ₹14.15 L/yr

Area Sales Manager Salary

(4 salaries)

₹14.81 L/yr - ₹15.8 L/yr

Cluster Manager Salary

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₹6.52 L/yr - ₹12.48 L/yr

Deputy Manager Salary

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₹6.25 L/yr - ₹12.5 L/yr

Regional Manager Salary

(4 salaries)

₹4.1 L/yr - ₹17 L/yr

Marketing Manager Salary

(5 salaries)

₹2.25 L/yr - ₹11.75 L/yr

Territory Manager Salary

(3 salaries)

₹4 L/yr - ₹13.4 L/yr

Team Lead Salary

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₹2.7 L/yr - ₹7 L/yr

Sales Officer Salary

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₹2 L/yr - ₹2.4 L/yr

Salary related reviews for Universal Sompo General Insurance

Relationship Manager in Guwahati

Full Time

Sales & Business Development Department

1.0

• posted on 22 Feb 2023

3.0

for Salary and Benefits

Likes

...one month later senior management used to call will fire you, will give lwp etc. You cannot expect anything rather than salary on time. No notice period negotiable policy. Very poor work life balance.

Dislikes

Anything except salary and friends

Job security - Bad

+4 more

Deputy Manager in Andheri

BFSI, Investments & Trading Department

1.0

• posted on 19 Apr 2022

1.0

for Salary and Benefits

Likes

Not so much.

Dislikes

Horrible culture. Compensation is horrible. Not enough growth to learn. No new activities. The CIO has zero leadership quality. Unethical behaviour, only think abt himselves no team meeting with any team members during lockdown. Not a great company to look at.

Salary - Bad

+5 more

Sales Manager in Bareilly

Sales & Business Development Department

5.0

• posted on 06 May 2021

4.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Good

+6 more

Dislikes

The employees don't get the local conveyance so it should be provided.

Relationship Manager in Raghunathganj

Finance & Accounting Department

5.0

• posted on 28 Aug 2018

4.0

for Salary and Benefits

Likes

The company is open to innovation and reaily adopts latest technology. I love the fact that I am a part of a team that makes reliable.

Salary - Good

+6 more

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. Sometimes,. I have to work 14-18 hours straight in a days as I have to attend clint calls in the evening and sometimes late into the night.

Assistant Manager in Navi Mumbai

BFSI, Investments & Trading Department

5.0

• posted on 20 Jun 2022

5.0

for Salary and Benefits

Likes

I have learnt a lot in USGI like skill development, good environment to work, supportive mangement .

Salary - Excellent

+6 more

Dislikes

There is a lot of politics from last 1 year and management doesn't address our issue, salary is decent but career growth is slow.

see more salary related reviews

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Universal Sompo General Insurance Area Manager Salary FAQs

What is the salary of Area Manager at Universal Sompo General Insurance?

Area Manager salary at Universal Sompo General Insurance in India ranges between ₹4.9 Lakhs to ₹6.8 Lakhs for experience between 8 years to 10 years. According to our estimates it is 43% less than the average Area Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Universal Sompo General Insurance India.

How does the salary of a Area Manager at Universal Sompo General Insurance India compare with the average salary range for this job?

The average salary of a Area Manager at Universal Sompo General Insurance is 43% less than the average salary of a Area Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Universal Sompo General Insurance to a Area Manager in India?

Future Generali India Life Insurance Area Manager Salary - ₹10.1 Lakhs to ₹18.5 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
ICICI Lombard General Insurance Company Area Manager Salary - ₹6.8 Lakhs to ₹18.5 Lakhs per year

What is the salary of a Area Manager in companies similar to Universal Sompo General Insurance in India?

SBI General Insurance Area Manager Salary - ₹9.0 Lakhs to ₹15.2 Lakhs per year
Royal Sundaram General Insurance Area Manager Salary - ₹9.0 Lakhs to ₹18.5 Lakhs per year
Shriram General Insurance Area Manager Salary - ₹8.3 Lakhs to ₹15.0 Lakhs per year
Aviva Life Insurance India Area Manager Salary - ₹7.0 Lakhs to ₹14.0 Lakhs per year
Bharti AXA Life Insurance Area Manager Salary - ₹6.1 Lakhs to ₹16.5 Lakhs per year

What is the estimated take home salary of a Area Manager at Universal Sompo General Insurance in India?

The estimated take-home salary of a Area Manager at Universal Sompo General Insurance ranges between ₹41,544 per month to ₹42,686 per month in India. The take-home salary calculation is based on the average Universal Sompo General Insurance Area Manager salary in India which ranges between ₹4.9 Lakhs to ₹6.8 Lakhs per year for employees with experience between 8 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Area Manager at Universal Sompo General Insurance?

According to AmbitionBox, 33% of the Universal Sompo General Insurance Area Managers reported a notice period of 15 days or less, 34% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 3 responses on AmbitionBox in last 2 years.

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Universal Sompo General Insurance Area Manager Salaries

Universal Sompo General Insurance Area Manager salary in India ranges between ₹4.9 Lakhs to ₹6.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Universal Sompo General Insurance latest salaries received from various employees of Universal Sompo General Insurance.