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Universal Sompo General Insurance Assistant General Manager salaries in India

Annual salary range
12 - 18 years exp.
₹17.2 Lakhs - ₹22.7 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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19% less than the average Assistant General Manager Salary in Insurance Companies for 12 - 18 years of experience

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Last Updated: 12 Mar 2023

Companies similar to Universal Sompo General Insurance for Assistant General Manager

Company name Avg Annual Salary Open Jobs
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₹13 L/yr - ₹32.5 L/yr

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₹5.3 L/yr - ₹7.5 L/yr

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₹31 L/yr - ₹41.2 L/yr

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₹8.8 L/yr - ₹20 L/yr

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₹11.6 L/yr - ₹15 L/yr

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₹16 L/yr - ₹17.3 L/yr

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Assistant General Manager salary at Universal Sompo General Insurance ranges between ₹17.2 Lakhs to ₹22.7 Lakhs per year for employees with experience between 12 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of Universal Sompo General Insurance.

Latest annual salaries shared by Universal Sompo General Insurance Assistant General Manager

1y ago
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12 years exp.
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14 years exp.
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16 years exp.

Experience wise Universal Sompo General Insurance Assistant General Manager salaries

Last Updated: 12 Mar 2023

Experience Avg Annual Salary
12 years (AmbitionBox Estimate)

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₹15.5 L/yr - ₹19.8 L/yr
13 years (AmbitionBox Estimate)

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₹16.3 L/yr - ₹20.8 L/yr
14 years (AmbitionBox Estimate)

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₹17.1 L/yr - ₹21.9 L/yr
15+ years (AmbitionBox Estimate)

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₹19.2 L/yr - ₹24.6 L/yr

Similar Designation salaries in Universal Sompo General Insurance

Assistant Sales Manager Salary
(AmbitionBox Estimate)
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₹6.5 L/yr - ₹8.3 L/yr
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₹4.1 L/yr - ₹17 L/yr
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₹14.43 L/yr - ₹15.8 L/yr
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₹22.5 L/yr - ₹32 L/yr
Territory Sales Manager Salary
(AmbitionBox Estimate)
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₹5 L/yr - ₹6.3 L/yr
Senior Sales Manager Salary
(AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.5 L/yr
Area Manager Salary
(4 salaries)
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₹4.85 L/yr - ₹6.75 L/yr
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₹2 L/yr - ₹6.5 L/yr
Branch Manager Salary
(26 salaries)
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₹8 L/yr - ₹14.15 L/yr
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₹2.25 L/yr - ₹11.75 L/yr

Salary related reviews for Universal Sompo General Insurance

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.

read more

Dislikes

Anything except salary and friends

  • Job security - Bad
  • +4 more

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.

read more
  • Salary - Bad
  • +5 more

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.

read more
  • Salary - Good
  • +6 more

Dislikes

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

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.

read more
  • 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.

read more

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.

read more
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Universal Sompo General Insurance Assistant General Manager Salary FAQs

What is the salary of Assistant General Manager at Universal Sompo General Insurance ?
The average salary of a Assistant General Manager at Universal Sompo General Insurance in India typically ranges from ₹17.2 Lakhs to ₹22.7 Lakhs per year, depending on experience (from 12 years to 18 years).

The top 10% of Assistant General Manager at Universal Sompo General Insurance earn more than ₹22.7 Lakhs per year, and the top 1% earn over ₹22.7 Lakhs per year. Assistant General Manager Salaries at Universal Sompo General 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 4 Universal Sompo General Insurance employees in India.
What is the estimated take home salary of a Assistant General Manager at Universal Sompo General Insurance in India?
The estimated take-home salary of a Assistant General Manager at Universal Sompo General Insurance in India typically ranges from ₹1,31,581 to ₹1,36,379 per month. This is based on the average salary range of ₹17.2 Lakhs to ₹22.7 Lakhs per year for employees with experience ranging from 12 years to 18 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 4 salaries received from various employees of Universal Sompo General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Universal Sompo General Insurance for Assistant General Manager in India?
Cholamandalam MS General Insurance ₹31.0 Lakhs to ₹41.2 Lakhs per year
Allianz Partners ₹13.0 Lakhs to ₹32.5 Lakhs per year

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

Royal Sundaram General Insurance ₹16.0 Lakhs to ₹17.3 Lakhs per year
Shriram General Insurance ₹8.8 Lakhs to ₹20.0 Lakhs per year
Family Health Plan ₹11.6 Lakhs to ₹15.0 Lakhs per year
Paramount Health Services Tpa ₹5.3 Lakhs to ₹7.5 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 Assistant General Manager at Universal Sompo General Insurance in India?
The salary growth for a Assistant General Manager at Universal Sompo General Insurance depends on factors such as experience, performance, and promotions. On average, a Assistant General Manager can expect the following growth trajectory at Universal Sompo General Insurance:

Experience Average Salary Range
12 years ₹15.5 Lakhs to ₹19.8 Lakhs per year
13 years ₹16.3 Lakhs to ₹20.8 Lakhs per year
14 years ₹17.1 Lakhs to ₹21.9 Lakhs per year
15 years ₹19.2 Lakhs to ₹24.6 Lakhs per year
and so on.

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Universal Sompo General Insurance Assistant General Manager salary in India ranges between ₹17.2 Lakhs to ₹22.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Universal Sompo General Insurance latest salaries received from various employees of Universal Sompo General Insurance.