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

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₹11.3 Lakhs - ₹14.4 Lakhs

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Last Updated: 17 Oct 2024

Companies similar to Universal Sompo General Insurance for Cluster Bancassurance Manager

Company name	Avg Annual Salary	Open Jobs
Reliance General Insurance Cluster Bancassurance Manager Salary 11 - 12 years exp. (3 salaries)	₹10 L/yr - ₹13.5 L/yr 14% less
Max Life Insurance Cluster Bancassurance Manager Salary 12 - 14 years exp. (5 salaries)	₹9 L/yr - ₹11.5 L/yr 21% less
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Bajaj Allianz Life Insurance Cluster Bancassurance Manager Salary 9 - 13 years exp. (3 salaries)	₹6.7 L/yr - ₹9.6 L/yr 35% less

Cluster Bancassurance Manager salary at Universal Sompo General Insurance ranges between ₹11.3 Lakhs to ₹14.4 Lakhs per year for employees with 16 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Universal Sompo General Insurance.

Similar Designation salaries in Universal Sompo General Insurance

Bancassurance Manager Salary

(4 salaries)

₹3.65 L/yr - ₹5 L/yr

Cluster Manager Salary

(6 salaries)

₹6.52 L/yr - ₹12.48 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 Manager Salary

(242 salaries)

₹2 L/yr - ₹6.5 L/yr

Area Manager Salary

(4 salaries)

₹4.85 L/yr - ₹6.75 L/yr

Deputy Manager Salary

(52 salaries)

₹6.75 L/yr - ₹12.15 L/yr

Sales Manager Salary

(13 salaries)

₹2.05 L/yr - ₹6.5 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

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

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.

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.

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.

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 .

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.

see more salary related reviews

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Universal Sompo General Insurance Cluster Bancassurance Manager Salary FAQs

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

According to AmbitionBox, 100% of the Universal Sompo General Insurance Cluster Bancassurance Managers reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Universal Sompo General Insurance Cluster Bancassurance Manager Salaries

Universal Sompo General Insurance Cluster Bancassurance Manager salary in India ranges between ₹11.3 Lakhs to ₹14.4 Lakhs. This is an estimate based on latest salaries received from employees of Universal Sompo General Insurance.