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4.0

based on 450 Reviews

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Universal Sompo General Insurance Bancassurance Officer salaries in India

Annual salary range
1 - 13 years exp.
₹1.5 Lakh - ₹3 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.
Avg. annual salary
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Monthly In-hand Salary

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20% less than the average Bancassurance Officer Salary in Insurance Companies for 1 - 13 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Bancassurance Officer Salary
1 - 8 years exp. (5 salaries)
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₹2.1 L/yr - ₹3 L/yr

Customer Success, Service & Operations
Bancassurance Officer Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.4 L/yr

Marketing & Communication
Bancassurance Officer Salary
3 - 13 years exp. (AmbitionBox Estimate)
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₹1.5 L/yr - ₹2.2 L/yr

Last Updated: 2 Aug 2024

Companies similar to Universal Sompo General Insurance for Bancassurance Officer

Company name Avg Annual Salary Open Jobs
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Future Generali India Life Insurance Bancassurance Officer Salary

1 - 9 years exp. (15 salaries)
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₹1.7 L/yr - ₹3 L/yr

arrow icon 4% less
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Cholamandalam MS General Insurance Bancassurance Officer Salary

0 - 8 years exp. (13 salaries)
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₹2.3 L/yr - ₹3.7 L/yr

arrow icon 42% more
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IndiaFirst Life Insurance Bancassurance Officer Salary

2 - 7 years exp. (4 salaries)
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₹3 L/yr - ₹4.3 L/yr

arrow icon 34% more
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Bharti AXA Life Insurance Bancassurance Officer Salary

0 - 3 years exp. (4 salaries)
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₹2.4 L/yr - ₹3 L/yr

arrow icon 17% more
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ManipalCigna Health Insurance Bancassurance Officer Salary

1 - 8 years exp. (4 salaries)
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₹2.2 L/yr - ₹5.2 L/yr

arrow icon 59% more
Bancassurance Officer salary at Universal Sompo General Insurance ranges between ₹1.5 Lakh to ₹3 Lakhs per year for employees with experience between 1 year to 13 years. Salary estimates are based on 9 latest salaries received from various employees of Universal Sompo General Insurance.

Latest annual salaries shared by Universal Sompo General Insurance Bancassurance Officer

5mo ago
₹1.5 Lakh
3 years exp.
1y ago
₹2.4 Lakhs
3 years exp.
1y ago
₹3 Lakhs
3 years exp.
1y ago
₹2.3 Lakhs
2 years exp.
1y ago
₹2.5 Lakhs
8 years exp.
1y ago
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5 years exp.
1y ago
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4 years exp.
1y ago
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1 year exp.

Experience wise Universal Sompo General Insurance Bancassurance Officer salaries

Last Updated: 2 Aug 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.1 L/yr - ₹4 L/yr
2 years (AmbitionBox Estimate)

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₹0.9 L/yr - ₹2.3 L/yr
3 years  (3 salaries)

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₹1.5 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)

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₹0.9 L/yr - ₹2.4 L/yr
5 years (AmbitionBox Estimate)

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₹0.9 L/yr - ₹2.4 L/yr
View all

Similar Designation salaries in Universal Sompo General Insurance

Bancassurance Manager Salary
(4 salaries)
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₹3.65 L/yr - ₹5 L/yr
Relationship Officer Salary
(4 salaries)
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₹2.6 L/yr - ₹4.5 L/yr
Sales Manager Salary
(13 salaries)
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₹2.05 L/yr - ₹6.5 L/yr
Area Manager Salary
(4 salaries)
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₹4.85 L/yr - ₹6.75 L/yr
Cluster Manager Salary
(6 salaries)
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₹6.52 L/yr - ₹12.48 L/yr
Relationship Manager Salary
(250 salaries)
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₹2 L/yr - ₹6.4 L/yr
Deputy Manager Salary
(53 salaries)
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₹6.25 L/yr - ₹12.5 L/yr
Assistant Sales Manager Salary
(AmbitionBox Estimate)
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₹6.5 L/yr - ₹8.3 L/yr
Senior Relationship Manager Salary
(11 salaries)
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₹5 L/yr - ₹7 L/yr
Senior Business Development Executive Salary
(AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr

Salary related reviews for Universal Sompo General Insurance

4.8

Rated by 5 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.

read more

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.

read more
  • 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.

read more
  • 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.

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

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.

read more
see more salary related reviews

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2w (edited)
peacemaker
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works at
Georgia-Pacific
New offer. Confused.
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 Bancassurance Officer Salary FAQs

What is the salary of Bancassurance Officer at Universal Sompo General Insurance ?
The average salary of a Bancassurance Officer at Universal Sompo General Insurance in India typically ranges from ₹1.5 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 1 year to 13 years).

The top 10% of Bancassurance Officer at Universal Sompo General Insurance earn more than ₹2.8 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Bancassurance Officer 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 9 Universal Sompo General Insurance employees in India.
What is the estimated take home salary of a Bancassurance Officer at Universal Sompo General Insurance in India?
The estimated take-home salary of a Bancassurance Officer at Universal Sompo General Insurance in India typically ranges from ₹15,713 to ₹17,342 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 1 year to 13 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 9 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 Bancassurance Officer in India?
ManipalCigna Health Insurance ₹2.2 Lakhs to ₹5.2 Lakhs per year
Cholamandalam MS General Insurance ₹2.3 Lakhs to ₹3.7 Lakhs per year
IndiaFirst Life Insurance ₹3.0 Lakhs to ₹4.3 Lakhs per year
Bharti AXA Life Insurance ₹2.4 Lakhs to ₹3.0 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 Bancassurance Officer in companies similar to Universal Sompo General Insurance in India?
The salary of a Bancassurance Officer 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:

Future Generali India Life Insurance ₹1.7 Lakhs to ₹3.0 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 Bancassurance Officer at Universal Sompo General Insurance in India?
The salary growth for a Bancassurance Officer at Universal Sompo General Insurance depends on factors such as experience, performance, and promotions. On average, a Bancassurance Officer can expect the following growth trajectory at Universal Sompo General Insurance:

Experience Average Salary Range
1 year ₹2.1 Lakhs to ₹4.0 Lakhs per year
2 years ₹0.9 Lakhs to ₹2.3 Lakhs per year
3 years ₹1.5 Lakhs to ₹3.0 Lakhs per year
4 years ₹0.9 Lakhs to ₹2.4 Lakhs per year
and so on.

Tell us how to improve this page.

Universal Sompo General Insurance Bancassurance Officer salary in India ranges between ₹1.5 Lakh to ₹3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 Universal Sompo General Insurance latest salaries received from various employees of Universal Sompo General Insurance.