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4.1

based on 468 Reviews

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Universal Sompo General Insurance Bancassurance Relationship Manager salaries in India (Updated 2025)

Annual salary range
5 - 14 years exp.
₹3.1 Lakhs - ₹4.3 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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At par with the average Bancassurance Relationship Manager Salary in Insurance Companies for 5 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Bancassurance Relationship Manager Salary
5 - 7 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.2 L/yr

Sales & Business Development
Bancassurance Relationship Manager Salary
13 - 14 years exp. (AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.4 L/yr

Last Updated: 21 Feb 2025

Companies similar to Universal Sompo General Insurance for Bancassurance Relationship Manager

Company name Avg Annual Salary Open Jobs
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Aviva Life Insurance India Bancassurance Relationship Manager Salary

0 - 9 years exp. (5 salaries)
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₹3.3 L/yr - ₹4 L/yr

arrow icon 1% more
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Bharti AXA Life Insurance Bancassurance Relationship Manager Salary

0 - 9 years exp. (4 salaries)
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₹3.5 L/yr - ₹3.9 L/yr

arrow icon 4% more
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Future Generali India Life Insurance Bancassurance Relationship Manager Salary

2 - 10 years exp. (4 salaries)
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₹3 L/yr - ₹6.6 L/yr

arrow icon 48% more
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Cholamandalam MS General Insurance Bancassurance Relationship Manager Salary

3 - 11 years exp. (3 salaries)
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₹3.1 L/yr - ₹4.5 L/yr

arrow icon 11% more
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PNB MetLife Bancassurance Relationship Manager Salary

3 - 8 years exp. (15 salaries)
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₹3.2 L/yr - ₹4.5 L/yr

arrow icon 2% more
Bancassurance Relationship Manager salary at Universal Sompo General Insurance ranges between ₹3.1 Lakhs to ₹4.3 Lakhs per year for employees with experience between 5 years to 14 years. Salary estimates are based on 5 latest salaries received from various employees of Universal Sompo General Insurance.

Latest annual salaries shared by Universal Sompo General Insurance Bancassurance Relationship Manager

2d ago
₹4.2 Lakhs
5 years exp.
5d ago
₹3.1 Lakhs
14 years exp.
1y ago
₹3.1 Lakhs
13 years exp.
1y ago
₹4.3 Lakhs
6 years exp.
1y ago
₹3.2 Lakhs
7 years exp.

Experience wise Universal Sompo General Insurance Bancassurance Relationship Manager salaries

Last Updated: 21 Feb 2025

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.6 L/yr
6 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.5 L/yr
7 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.4 L/yr
8 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.2 L/yr
9 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
View all

Similar Designation salaries in Universal Sompo General Insurance

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

5.0

Rated by 1 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

Discover interview dos and don'ts from real experiences

Top trending discussions

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Salary Discussions, Hike & Promotions
1w (edited)
an inside sales executive
Unexpected job policies: stay or switch?
I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?
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Universal Sompo General Insurance Bancassurance Relationship Manager Salary FAQs

What is the salary of Bancassurance Relationship Manager at Universal Sompo General Insurance ?
The average salary of a Bancassurance Relationship Manager at Universal Sompo General Insurance in India typically ranges from ₹3.1 Lakhs to ₹4.3 Lakhs per year, depending on experience (from 5 years to 14 years).

The top 10% of Bancassurance Relationship Manager at Universal Sompo General Insurance earn more than ₹4.3 Lakhs per year, and the top 1% earn over ₹4.3 Lakhs per year. Bancassurance Relationship 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 5 Universal Sompo General Insurance employees in India.
What is the estimated take home salary of a Bancassurance Relationship Manager at Universal Sompo General Insurance in India?
The estimated take-home salary of a Bancassurance Relationship Manager at Universal Sompo General Insurance in India typically ranges from ₹25,810 to ₹27,237 per month. This is based on the average salary range of ₹3.1 Lakhs to ₹4.3 Lakhs per year for employees with experience ranging from 5 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 5 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 Relationship Manager in India?
Future Generali India Life Insurance ₹3.0 Lakhs to ₹6.6 Lakhs per year
Cholamandalam MS General Insurance ₹3.1 Lakhs to ₹4.5 Lakhs per year
Bharti AXA Life Insurance ₹3.5 Lakhs to ₹3.9 Lakhs per year
PNB MetLife ₹3.2 Lakhs to ₹4.5 Lakhs per year
Aviva Life Insurance India ₹3.3 Lakhs to ₹4.0 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.
How the salary growth look like for a Bancassurance Relationship Manager at Universal Sompo General Insurance in India?
The salary growth for a Bancassurance Relationship Manager at Universal Sompo General Insurance depends on factors such as experience, performance, and promotions. On average, a Bancassurance Relationship Manager can expect the following growth trajectory at Universal Sompo General Insurance:

Experience Average Salary Range
5 years ₹3.6 Lakhs to ₹4.6 Lakhs per year
6 years ₹3.5 Lakhs to ₹4.5 Lakhs per year
7 years ₹3.4 Lakhs to ₹4.4 Lakhs per year
8 years ₹3.3 Lakhs to ₹4.2 Lakhs per year
and so on.

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Universal Sompo General Insurance Bancassurance Relationship Manager Salaries by Location

Universal Sompo General Insurance Bancassurance Relationship Manager salary in India ranges between ₹3.1 Lakhs to ₹4.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Universal Sompo General Insurance latest salaries received from various employees of Universal Sompo General Insurance.