Universal Sompo General Insurance Mumbai Relationship Manager Salaries by 10+ Employees (Updated 2025)

0 - 12 years exp.

₹3.5 Lakhs - ₹6.5 Lakhs

Salary of majority employees

20% less than the average Relationship Manager Salary in Insurance Companies for 0 - 12 years of experience

Interested in this particular role? 9 job openings

Salaries in different departments

Sales & Business Development Relationship Manager Salary 0 - 12 years exp. (5 salaries)	₹3.5 L/yr - ₹5.1 L/yr
BFSI, Investments & Trading Relationship Manager Salary 2 - 5 years exp. (4 salaries)	₹3.7 L/yr - ₹4.7 L/yr
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Customer Success, Service & Operations Relationship Manager Salary 6 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.6 L/yr
Marketing & Communication Relationship Manager Salary 12 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹6.5 L/yr

Last Updated: 10 Feb 2025

Companies similar to Universal Sompo General Insurance for Relationship Manager in Mumbai

Universal Sompo General Insurance Relationship Manager Salary

0 - 12 years exp. (12 salaries)

₹3.5 L/yr - ₹6.5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Relationship Manager Salary 0 - 10 years exp. (49 salaries)	₹2.5 L/yr - ₹8.3 L/yr 8% more	1 job opening
Bajaj Allianz General Insurance Relationship Manager Salary 0 - 10 years exp. (32 salaries)	₹2.1 L/yr - ₹5.9 L/yr 14% less	75 job openings
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HDFC Ergo General Insurance Relationship Manager Salary 2 - 7 years exp. (9 salaries)	₹2.4 L/yr - ₹5 L/yr 15% less
Reliance General Insurance Relationship Manager Salary 4 - 9 years exp. (5 salaries)	₹4 L/yr - ₹6 L/yr 9% more
Tata AIG Relationship Manager Salary 0 - 11 years exp. (97 salaries)	₹2.3 L/yr - ₹7.1 L/yr 13% more	17 job openings
Future Generali India Life Insurance Relationship Manager Salary 0 - 7 years exp. (47 salaries)	₹2.2 L/yr - ₹4 L/yr 22% less	49 job openings
Edelweiss Life Insurance Relationship Manager Salary 2 - 7 years exp. (31 salaries)	₹2.8 L/yr - ₹5.2 L/yr 7% less	6 job openings
SBI General Insurance Relationship Manager Salary 2 - 9 years exp. (17 salaries)	₹3 L/yr - ₹6.3 L/yr 5% less
Bharti AXA Life Insurance Relationship Manager Salary 1 - 8 years exp. (17 salaries)	₹2.2 L/yr - ₹4.9 L/yr 16% less
Cholamandalam MS General Insurance Relationship Manager Salary 1 - 8 years exp. (14 salaries)	₹2.5 L/yr - ₹4.6 L/yr 5% less
Aviva Life Insurance India Relationship Manager Salary 1 - 7 years exp. (9 salaries)	₹2.8 L/yr - ₹3.8 L/yr 12% less	1 job opening
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ManipalCigna Health Insurance Relationship Manager Salary 2 - 7 years exp. (9 salaries)	₹2.8 L/yr - ₹4 L/yr 15% less
Aditya Birla Health Insurance Co Relationship Manager Salary 0 - 5 years exp. (6 salaries)	₹4.4 L/yr - ₹8.5 L/yr 17% more
Ageas Federal Life Insurance Relationship Manager Salary 2 - 4 years exp. (3 salaries)	₹3.1 L/yr - ₹4 L/yr 9% less	4 job openings
IndiaFirst Life Insurance Relationship Manager Salary 4 - 8 years exp. (3 salaries)	₹2.2 L/yr - ₹3.9 L/yr 15% less

Relationship Manager salary at Universal Sompo General Insurance ranges between ₹3.5 Lakhs to ₹6.5 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 12 latest salaries received from various employees of Universal Sompo General Insurance.

Experience wise Universal Sompo General Insurance Relationship Manager salaries in Mumbai

Last Updated: 10 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.7 L/yr
1 year (AmbitionBox Estimate)	₹3.5 L/yr - ₹4 L/yr
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2 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹7 L/yr
3 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.2 L/yr
4 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.2 L/yr
5 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.7 L/yr
6 years (AmbitionBox Estimate)	₹4 L/yr - ₹7.7 L/yr
7 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
8 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.2 L/yr
9 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
10 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
11 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.4 L/yr
12 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹6.5 L/yr

View all

From

Relationship Manager

0 - 12 years exp.

Branch Manager

₹

Lakhs/yr

10 - 17 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Universal Sompo General Insurance

Deputy Manager Salary

(23 salaries)

₹7 L/yr - ₹12.15 L/yr

Branch Manager Salary

(4 salaries)

₹11.75 L/yr - ₹14.15 L/yr

Top skills at Universal Sompo General Insurance for Relationship Manager

Sales and Marketing Digital Marketing Agency Sales Life Insurance Insurance Broking Health Insurance Bancassurance General Insurance General Insurance Sales Health Insurance Sales Agency Sales Agency Channel Relationship Management General Insurance Sales

Salary related reviews for Universal Sompo General Insurance

3.4

Rated by 4 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.

Dislikes

Anything except salary and friends

Job security - Bad

+4 more

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.

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.

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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Universal Sompo General Insurance Relationship Manager Salary FAQs

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

Relationship Manager salary at Universal Sompo General Insurance in Mumbai ranges between ₹3.5 Lakhs to ₹6.5 Lakhs for less than 1 year of experience to 12 years. According to our estimates it is 20% less than the average Relationship Manager Salary in India. Salary estimates are based on 12 latest salaries received from various employees of Universal Sompo General Insurance Mumbai.

How does the salary of a Relationship Manager at Universal Sompo General Insurance Mumbai compare with the average salary range for this job?

The average salary of a Relationship Manager at Universal Sompo General Insurance is 20% less than the average salary of a Relationship Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Relationship Manager at Universal Sompo General Insurance?

Sales and Marketing, Digital Marketing, Agency Sales, Life Insurance and Insurance Broking are some of the popular skills required to work as a Relationship Manager at Universal Sompo General Insurance Mumbai.

Which similar companies are paying more than Universal Sompo General Insurance to a Relationship Manager in Mumbai?

Aditya Birla Health Insurance Co Relationship Manager Salary - ₹4.4 Lakhs to ₹8.5 Lakhs per year
Tata AIG Relationship Manager Salary - ₹2.3 Lakhs to ₹7.1 Lakhs per year
Reliance General Insurance Relationship Manager Salary - ₹4.0 Lakhs to ₹6.0 Lakhs per year
ICICI Lombard General Insurance Company Relationship Manager Salary - ₹2.5 Lakhs to ₹8.3 Lakhs per year

What is the salary of a Relationship Manager in companies similar to Universal Sompo General Insurance in Mumbai?

SBI General Insurance Relationship Manager Salary - ₹3.0 Lakhs to ₹6.3 Lakhs per year
Cholamandalam MS General Insurance Relationship Manager Salary - ₹2.5 Lakhs to ₹4.6 Lakhs per year
Edelweiss Life Insurance Relationship Manager Salary - ₹2.8 Lakhs to ₹5.2 Lakhs per year
Ageas Federal Life Insurance Relationship Manager Salary - ₹3.1 Lakhs to ₹4.0 Lakhs per year
Aviva Life Insurance India Relationship Manager Salary - ₹2.8 Lakhs to ₹3.8 Lakhs per year

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

The estimated take-home salary of a Relationship Manager at Universal Sompo General Insurance ranges between ₹31,578 per month to ₹32,869 per month in Mumbai. The take-home salary calculation is based on the average Universal Sompo General Insurance Relationship Manager salary in India which ranges between ₹3.5 Lakhs to ₹6.5 Lakhs per year for employees with less than 1 year of experience to 12 years. Check how did we calculate take home salary?

What is the notice period for Relationship Manager at Universal Sompo General Insurance in Mumbai?

According to AmbitionBox, 50% of the Universal Sompo General Insurance Relationship Managers in Mumbai reported a notice period of 3 Months, 33% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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Universal Sompo General Insurance Relationship Manager Salaries in Mumbai

Universal Sompo General Insurance Relationship Manager salary in Mumbai ranges between ₹3.5 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Universal Sompo General Insurance latest salaries received from various employees of Universal Sompo General Insurance.

Universal Sompo General Insurance Relationship Manager salaries in Mumbai

Companies similar to Universal Sompo General Insurance for Relationship Manager in Mumbai

Latest annual salaries shared by Universal Sompo General Insurance Relationship Manager in Mumbai

Experience wise Universal Sompo General Insurance Relationship Manager salaries in Mumbai

Similar Designation salaries in Universal Sompo General Insurance

Top skills at Universal Sompo General Insurance for Relationship Manager

Salary related reviews for Universal Sompo General Insurance

Relationship Manager in Guwahati

Relationship Manager in Raghunathganj

Deputy Manager in Andheri

Sales Manager in Bareilly

Assistant Manager in Navi Mumbai

Universal Sompo General Insurance Relationship Manager Salary FAQs

Tell us how to improve this page.