Universal Sompo General Insurance Regional Manager Salaries by 4 Employees

11 - 16 years exp.

₹4.1 Lakhs - ₹17 Lakhs

Low Confidence

Salary of majority employees

34% less than the average Regional Manager Salary in Insurance Companies for 11 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading Regional Manager Salary 11 years exp. (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.5 L/yr
Sales & Business Development Regional Manager Salary 15 years exp. (AmbitionBox Estimate)	₹15.3 L/yr - ₹18.6 L/yr
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Risk Management & Compliance Regional Manager Salary 16 years exp. (AmbitionBox Estimate)	₹7.9 L/yr - ₹9.7 L/yr

Last Updated: 20 Oct 2024

Companies similar to Universal Sompo General Insurance for Regional Manager

Company name	Avg Annual Salary	Open Jobs
Future Generali India Life Insurance Regional Manager Salary 10 - 21 years exp. (28 salaries)	₹10.2 L/yr - ₹28 L/yr 91% more	1 job opening
Cholamandalam MS General Insurance Regional Manager Salary 12 - 21 years exp. (24 salaries)	₹12.7 L/yr - ₹24 L/yr 80% more
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Shriram General Insurance Regional Manager Salary 8 - 21 years exp. (16 salaries)	₹5 L/yr - ₹13 L/yr 11% more
ManipalCigna Health Insurance Regional Manager Salary 10 - 23 years exp. (10 salaries)	₹10.3 L/yr - ₹22 L/yr 69% more
Edelweiss Life Insurance Regional Manager Salary 7 - 23 years exp. (7 salaries)	₹8 L/yr - ₹29 L/yr 64% more
Aegon Life Insurance Regional Manager Salary 7 - 19 years exp. (6 salaries)	₹10.8 L/yr - ₹25.4 L/yr 50% more
Royal Sundaram General Insurance Regional Manager Salary 12 - 17 years exp. (6 salaries)	₹18.8 L/yr - ₹21 L/yr 89% more
Aditya Birla Health Insurance Co Regional Manager Salary 10 - 22 years exp. (6 salaries)	₹18.6 L/yr - ₹45 L/yr 167% more
Bajaj Capital Insurance Regional Manager Salary 8 - 13 years exp. (6 salaries)	₹15 L/yr - ₹20.8 L/yr 82% more
Allianz Partners Regional Manager Salary 10 - 19 years exp. (5 salaries)	₹4.6 L/yr - ₹13.3 L/yr 16% less
Aviva Life Insurance India Regional Manager Salary 14 - 18 years exp. (4 salaries)	₹17.5 L/yr - ₹21.4 L/yr 77% more
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Magma HDI General Insurance Regional Manager Salary 4 - 20 years exp. (4 salaries)	₹5.4 L/yr - ₹22.6 L/yr 28% more
Bharti AXA Life Insurance Regional Manager Salary 11 - 19 years exp. (4 salaries)	₹12 L/yr - ₹22.2 L/yr 85% more
Liberty General Insurance Regional Manager Salary 9 - 18 years exp. (4 salaries)	₹6.2 L/yr - ₹14.6 L/yr 18% more
CignaTTk Health Insurance Regional Manager Salary 14 - 16 years exp. (3 salaries)	₹14 L/yr - ₹17.5 L/yr 64% more
IndiaFirst Life Insurance Regional Manager Salary 14 - 18 years exp. (3 salaries)	₹9.9 L/yr - ₹28 L/yr 87% more
Medi Assist India Regional Manager Salary 9 - 15 years exp. (3 salaries)	₹11 L/yr - ₹24 L/yr 69% more

Regional Manager salary at Universal Sompo General Insurance ranges between ₹4.1 Lakhs to ₹17 Lakhs per year for employees with experience between 11 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of Universal Sompo General Insurance.

Experience wise Universal Sompo General Insurance Regional Manager salaries

Last Updated: 20 Oct 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
14 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
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15+ years (AmbitionBox Estimate)	₹11.6 L/yr - ₹14.8 L/yr

Similar Designation salaries in 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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I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Universal Sompo General Insurance Regional Manager Salary FAQs

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

The average salary of a Regional Manager at Universal Sompo General Insurance in India typically ranges from ₹4.1 Lakhs to ₹17.0 Lakhs per year, depending on experience (from 11 years to 16 years).

The top 10% of Regional Manager at Universal Sompo General Insurance earn more than ₹17.0 Lakhs per year, and the top 1% earn over ₹17.0 Lakhs per year. Regional 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 4 Universal Sompo General Insurance employees in India.

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

The estimated take-home salary of a Regional Manager at Universal Sompo General Insurance in India typically ranges from ₹71,931 to ₹73,785 per month. This is based on the average salary range of ₹4.1 Lakhs to ₹17.0 Lakhs per year for employees with experience ranging from 11 years to 16 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 4 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 Regional Manager in India?

Aditya Birla Health Insurance Co	₹18.6 Lakhs to ₹45.0 Lakhs per year
Future Generali India Life Insurance	₹10.2 Lakhs to ₹28.0 Lakhs per year
Royal Sundaram General Insurance	₹18.8 Lakhs to ₹21.0 Lakhs per year
IndiaFirst Life Insurance	₹9.9 Lakhs to ₹28.0 Lakhs per year
Bharti AXA Life Insurance	₹12.0 Lakhs to ₹22.2 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 Regional Manager in companies similar to Universal Sompo General Insurance in India?

The salary of a Regional Manager 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:

Bajaj Capital Insurance	₹15.0 Lakhs to ₹20.8 Lakhs per year
Cholamandalam MS General Insurance	₹12.7 Lakhs to ₹24.0 Lakhs per year
Aviva Life Insurance India	₹17.5 Lakhs to ₹21.4 Lakhs per year
Medi Assist India	₹11.0 Lakhs to ₹24.0 Lakhs per year
ManipalCigna Health Insurance	₹10.3 Lakhs to ₹22.0 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 Regional Manager at Universal Sompo General Insurance in India?

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

Experience	Average Salary Range
11 years	₹3.7 Lakhs to ₹4.7 Lakhs per year
14 years	₹9.0 Lakhs to ₹11.5 Lakhs per year
15 years	₹11.6 Lakhs to ₹14.8 Lakhs per year

and so on.

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Universal Sompo General Insurance Regional Manager Salaries

Universal Sompo General Insurance Regional Manager salary in India ranges between ₹4.1 Lakhs to ₹17 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.