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

4 - 8 years exp.

₹3.7 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

28% less than the average Bancassurance Manager Salary in Insurance Companies for 4 - 8 years of experience

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Last Updated: 21 Sep 2024

Companies similar to Universal Sompo General Insurance for Bancassurance Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Bancassurance Manager Salary 2 - 11 years exp. (7 salaries)	₹4.2 L/yr - ₹6.3 L/yr 25% more
HDFC Ergo General Insurance Bancassurance Manager Salary 8 - 11 years exp. (8 salaries)	₹7.2 L/yr - ₹9.5 L/yr 88% more
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Bajaj Allianz General Insurance Bancassurance Manager Salary 0 - 8 years exp. (6 salaries)	₹3.2 L/yr - ₹5.3 L/yr 4% less
Reliance General Insurance Bancassurance Manager Salary 1 - 9 years exp. (5 salaries)	₹3 L/yr - ₹8.4 L/yr 30% more
Tata AIG Bancassurance Manager Salary 3 - 9 years exp. (7 salaries)	₹4.1 L/yr - ₹6.4 L/yr 26% more
SBI General Insurance Bancassurance Manager Salary 6 - 11 years exp. (4 salaries)	₹4.1 L/yr - ₹7.3 L/yr 13% more
Future Generali India Life Insurance Bancassurance Manager Salary 11 - 12 years exp. (4 salaries)	₹6.3 L/yr - ₹12.9 L/yr 145% more
Cholamandalam MS General Insurance Bancassurance Manager Salary 0 - 2 years exp. (8 salaries)	₹2.7 L/yr - ₹3.8 L/yr 7% less
Ageas Federal Life Insurance Bancassurance Manager Salary 2 - 8 years exp. (6 salaries)	₹4 L/yr - ₹4.8 L/yr 14% more
Aditya Birla Health Insurance Co Bancassurance Manager Salary 0 - 7 years exp. (7 salaries)	₹3.3 L/yr - ₹4.5 L/yr 3% more
Edelweiss Life Insurance Bancassurance Manager Salary 0 - 7 years exp. (4 salaries)	₹2.8 L/yr - ₹8 L/yr 18% more
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ManipalCigna Health Insurance Bancassurance Manager Salary 5 - 11 years exp. (4 salaries)	₹3.5 L/yr - ₹6.4 L/yr 18% more

Bancassurance Manager salary at Universal Sompo General Insurance ranges between ₹3.7 Lakhs to ₹5 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Universal Sompo General Insurance.

Experience wise Universal Sompo General Insurance Bancassurance Manager salaries

Last Updated: 21 Sep 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹7.1 L/yr
5 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4 L/yr
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6 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.2 L/yr
7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
8 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹5 L/yr

Similar Designation salaries in Universal Sompo General Insurance

Cluster Manager Salary

(6 salaries)

₹6.52 L/yr - ₹12.48 L/yr

Sales Manager Salary

(13 salaries)

₹2.05 L/yr - ₹6.5 L/yr

Area Manager Salary

(4 salaries)

₹4.85 L/yr - ₹6.75 L/yr

Relationship Manager Salary

(242 salaries)

₹2 L/yr - ₹6.5 L/yr

Deputy Manager Salary

(51 salaries)

₹6.75 L/yr - ₹12.5 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹6.5 L/yr - ₹8.3 L/yr

Senior Relationship Manager Salary

(11 salaries)

₹5 L/yr - ₹7 L/yr

Relationship Officer Salary

(4 salaries)

₹2.6 L/yr - ₹4.5 L/yr

Senior Business Development Executive Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Salary related reviews for Universal Sompo General Insurance

2.6

Rated by 3 employees for salary & benefits

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.

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Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Universal Sompo General Insurance Bancassurance Manager Salary FAQs

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

Bancassurance Manager salary at Universal Sompo General Insurance in India ranges between ₹3.7 Lakhs to ₹5.0 Lakhs for experience between 4 years to 8 years. According to our estimates it is 28% less than the average Bancassurance 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 Bancassurance Manager at Universal Sompo General Insurance India compare with the average salary range for this job?

The average salary of a Bancassurance Manager at Universal Sompo General Insurance is 28% less than the average salary of a Bancassurance Manager in India. To know exact salary insights, login to view.

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

Future Generali India Life Insurance Bancassurance Manager Salary - ₹6.3 Lakhs to ₹12.9 Lakhs per year
HDFC Ergo General Insurance Bancassurance Manager Salary - ₹7.2 Lakhs to ₹9.5 Lakhs per year
Reliance General Insurance Bancassurance Manager Salary - ₹3.0 Lakhs to ₹8.4 Lakhs per year
Tata AIG Bancassurance Manager Salary - ₹4.1 Lakhs to ₹6.4 Lakhs per year
ICICI Lombard General Insurance Company Bancassurance Manager Salary - ₹4.2 Lakhs to ₹6.3 Lakhs per year

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

ManipalCigna Health Insurance Bancassurance Manager Salary - ₹3.5 Lakhs to ₹6.4 Lakhs per year
Edelweiss Life Insurance Bancassurance Manager Salary - ₹2.8 Lakhs to ₹8.0 Lakhs per year
Ageas Federal Life Insurance Bancassurance Manager Salary - ₹4.0 Lakhs to ₹4.8 Lakhs per year
SBI General Insurance Bancassurance Manager Salary - ₹4.1 Lakhs to ₹7.3 Lakhs per year
Aditya Birla Health Insurance Co Bancassurance Manager Salary - ₹3.3 Lakhs to ₹4.5 Lakhs per year

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

The estimated take-home salary of a Bancassurance Manager at Universal Sompo General Insurance ranges between ₹28,983 per month to ₹30,363 per month in India. The take-home salary calculation is based on the average Universal Sompo General Insurance Bancassurance Manager salary in India which ranges between ₹3.7 Lakhs to ₹5.0 Lakhs per year for employees with experience between 4 years to 8 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Universal Sompo General Insurance Bancassurance Managers reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Universal Sompo General Insurance Bancassurance Manager Salaries

Universal Sompo General Insurance Bancassurance Manager salary in India ranges between ₹3.7 Lakhs to ₹5 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.

Universal Sompo General Insurance Bancassurance Manager salaries in India

Companies similar to Universal Sompo General Insurance for Bancassurance Manager

Latest annual salaries shared by Universal Sompo General Insurance Bancassurance Manager

Experience wise Universal Sompo General Insurance Bancassurance Manager salaries

Similar Designation salaries in Universal Sompo General Insurance

Salary related reviews for Universal Sompo General Insurance

Relationship Manager in Guwahati

Deputy Manager in Andheri

Sales Manager in Bareilly

Relationship Manager in Raghunathganj

Assistant Manager in Navi Mumbai

Universal Sompo General Insurance Bancassurance Manager Salary FAQs

Tell us how to improve this page.