Universal Sompo General Insurance Executive Bancassurance Manager Salaries by 2 Employees

6 - 7 years exp.

₹4.5 Lakhs - ₹5.7 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 20 Mar 2024

Companies similar to Universal Sompo General Insurance for Executive Bancassurance Manager

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Ageas Federal Life Insurance Executive Bancassurance Manager Salary 2 - 5 years exp. (5 salaries)	₹4.1 L/yr - ₹4.5 L/yr 17% less
HDFC Life Executive Bancassurance Manager Salary 5 - 11 years exp. (39 salaries)	₹6 L/yr - ₹10.3 L/yr 65% more
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Tata AIA Life Insurance Executive Bancassurance Manager Salary 6 - 11 years exp. (3 salaries)	₹7.1 L/yr - ₹7.4 L/yr 40% more

Executive Bancassurance Manager salary at Universal Sompo General Insurance ranges between ₹4.5 Lakhs to ₹5.7 Lakhs per year for employees with experience between 6 years to 7 years. Salary estimates are based on 2 latest salaries received from various employees of Universal Sompo General Insurance.

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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

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.

see more salary related reviews

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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 Executive Bancassurance Manager Salary FAQs

How the salary growth look like for a Executive Bancassurance Manager at Universal Sompo General Insurance in India?

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

Experience	Average Salary Range
6 years	₹4.2 Lakhs to ₹5.4 Lakhs per year
7 years	₹4.7 Lakhs to ₹6.1 Lakhs per year

and so on.

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Universal Sompo General Insurance Executive Bancassurance Manager Salaries

Universal Sompo General Insurance Executive Bancassurance Manager salary in India ranges between ₹4.5 Lakhs to ₹5.7 Lakhs. This is an estimate based on latest salaries received from employees of Universal Sompo General Insurance.