Universal Sompo General Insurance Chennai Area Manager Salaries by Employees (Updated 2024)

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₹6.1 Lakhs - ₹7.8 Lakhs

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Last Updated: 26 Jun 2024

Companies similar to Universal Sompo General Insurance for Area Manager in Chennai

Universal Sompo General Insurance Area Manager Salary

10 years exp. (AmbitionBox Estimate)

₹6.1 L/yr - ₹7.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata AIG Area Manager Salary 7 - 15 years exp. (5 salaries)	₹6.3 L/yr - ₹11.5 L/yr 31% more
Cholamandalam MS General Insurance Area Manager Salary 6 - 15 years exp. (5 salaries)	₹6.5 L/yr - ₹12 L/yr 30% more
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Aviva Life Insurance India Area Manager Salary 14 - 19 years exp. (4 salaries)	₹8.5 L/yr - ₹12.5 L/yr 71% more
Bharti AXA Life Insurance Area Manager Salary 11 - 15 years exp. (3 salaries)	₹9.1 L/yr - ₹12.9 L/yr 60% more
Edelweiss Tokio Life Insurance Area Manager Salary 14 - 17 years exp. (3 salaries)	₹13.9 L/yr - ₹16.7 L/yr 122% more

Area Manager salary at Universal Sompo General Insurance ranges between ₹6.1 Lakhs to ₹7.8 Lakhs per year for employees with 10 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Universal Sompo General Insurance.

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

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.

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.

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.

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 .

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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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Universal Sompo General Insurance Area Manager Salary FAQs

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

According to AmbitionBox, 100% of the Universal Sompo General Insurance Area Managers in Chennai reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Universal Sompo General Insurance Area Manager Salaries in Chennai

Universal Sompo General Insurance Area Manager salary in Chennai ranges between ₹6.1 Lakhs to ₹7.8 Lakhs. This is an estimate based on latest salaries received from employees of Universal Sompo General Insurance.