Universal Sompo General Insurance Hyderabad / Secunderabad Assistant Manager Salaries by 4 Employees

9 - 14 years exp.

₹6.3 Lakhs - ₹7.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

14% less than the average Assistant Manager Salary in Insurance Companies for 9 - 14 years of experience

Interested in this particular role?

Last Updated: 17 Mar 2023

Companies similar to Universal Sompo General Insurance for Assistant Manager in Hyderabad / Secunderabad

Universal Sompo General Insurance Assistant Manager Salary

9 - 14 years exp. (4 salaries)

₹6.3 L/yr - ₹7.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Family Health Plan Assistant Manager Salary 5 - 11 years exp. (46 salaries)	₹2.2 L/yr - ₹5.3 L/yr 43% less
Aditya Birla Health Insurance Co Assistant Manager Salary 0 - 9 years exp. (30 salaries)	₹3.3 L/yr - ₹8 L/yr 15% less
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Medi Assist India Assistant Manager Salary 5 - 14 years exp. (17 salaries)	₹4 L/yr - ₹8 L/yr 13% less	2 job openings
MetLife Assistant Manager Salary 6 - 12 years exp. (13 salaries)	₹10 L/yr - ₹34.2 L/yr 173% more	5 job openings
Magma HDI General Insurance Assistant Manager Salary 3 - 10 years exp. (8 salaries)	₹4.5 L/yr - ₹7 L/yr 18% less
Future Generali India Life Insurance Assistant Manager Salary 4 - 11 years exp. (8 salaries)	₹4.2 L/yr - ₹8.4 L/yr 8% more
IndiaFirst Life Insurance Assistant Manager Salary 5 - 11 years exp. (5 salaries)	₹4.5 L/yr - ₹7.5 L/yr 24% less
Royal Sundaram General Insurance Assistant Manager Salary 7 - 12 years exp. (5 salaries)	₹8 L/yr - ₹13.7 L/yr 60% more
Shriram General Insurance Assistant Manager Salary 5 - 10 years exp. (4 salaries)	₹3.3 L/yr - ₹5.1 L/yr 44% less

Assistant Manager salary at Universal Sompo General Insurance ranges between ₹6.3 Lakhs to ₹7.8 Lakhs per year for employees with experience between 9 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of Universal Sompo General Insurance.

Experience wise Universal Sompo General Insurance Assistant Manager salaries in Hyderabad / Secunderabad

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
10 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
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11 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
12 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
13 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.4 L/yr
14 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr

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From

Assistant Manager

1 - 15 years exp.

Deputy Manager

6 - 16 years exp.

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 Universal Sompo General Insurance

Relationship Manager Salary

(4 salaries)

₹3.05 L/yr - ₹5.4 L/yr

Top skills at Universal Sompo General Insurance for Assistant Manager

General Insurance Claims Processing Claims Management Health Insurance Claims Adjudication

Salary related reviews for Universal Sompo General Insurance

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.

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.

see more salary related reviews

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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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Universal Sompo General Insurance Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Universal Sompo General Insurance in Hyderabad / Secunderabad?

The average salary of a Assistant Manager at Universal Sompo General Insurance in Hyderabad / Secunderabad typically ranges from ₹6.3 Lakhs to ₹7.8 Lakhs per year, depending on experience (from 9 years to 14 years).

The top 10% of Assistant Manager in Hyderabad / Secunderabad at Universal Sompo General Insurance earn more than ₹7.8 Lakhs per year, and the top 1% earn over ₹7.8 Lakhs per year. Assistant 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 Manager at Universal Sompo General Insurance in Hyderabad / Secunderabad?

The estimated take-home salary of a Assistant Manager at Universal Sompo General Insurance in Hyderabad / Secunderabad typically ranges from ₹53,222 to ₹54,547 per month. This is based on the average salary range of ₹6.3 Lakhs to ₹7.8 Lakhs per year for employees with experience ranging from 9 years to 14 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.

What are the key skills required to be a Assistant Manager at Universal Sompo General Insurance in Hyderabad / Secunderabad?

To be a Assistant Manager at Universal Sompo General Insurance in Hyderabad / Secunderabad, the key skills required include:

- General Insurance
- Claims Processing
- Claims Management
- Health Insurance
- Claims Adjudication

These skills are highly valued at Universal Sompo General Insurance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Universal Sompo General Insurance for Assistant Manager in India?

MetLife	₹10.0 Lakhs to ₹34.2 Lakhs per year
Royal Sundaram General Insurance	₹8.0 Lakhs to ₹13.7 Lakhs per year
Future Generali India Life Insurance	₹4.2 Lakhs to ₹8.4 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 Manager in companies similar to Universal Sompo General Insurance in Hyderabad / Secunderabad?

The salary of a Assistant Manager at companies similar to Universal Sompo General Insurance in Hyderabad / Secunderabad varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Medi Assist India	₹4.0 Lakhs to ₹8.0 Lakhs per year
Aditya Birla Health Insurance Co	₹3.3 Lakhs to ₹8.0 Lakhs per year
Magma HDI General Insurance	₹4.5 Lakhs to ₹7.0 Lakhs per year
IndiaFirst Life Insurance	₹4.5 Lakhs to ₹7.5 Lakhs per year
Family Health Plan	₹2.2 Lakhs to ₹5.3 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 Manager at Universal Sompo General Insurance in Hyderabad / Secunderabad?

The salary growth for a Assistant Manager at Universal Sompo General Insurance in Hyderabad / Secunderabad depends on factors such as experience, performance, and promotions. On average, a Assistant Manager in Hyderabad / Secunderabad can expect the following growth trajectory at Universal Sompo General Insurance:

Experience	Average Salary Range
9 years	₹6.4 Lakhs to ₹8.2 Lakhs per year
10 years	₹6.5 Lakhs to ₹8.3 Lakhs per year
11 years	₹6.5 Lakhs to ₹8.3 Lakhs per year
12 years	₹6.5 Lakhs to ₹8.3 Lakhs per year

and so on.

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Universal Sompo General Insurance Assistant Manager Salaries in Hyderabad / Secunderabad

Universal Sompo General Insurance Assistant Manager salary in Hyderabad / Secunderabad ranges between ₹6.3 Lakhs to ₹7.8 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.