Universal Sompo General Insurance State Head Salaries by 5 Employees (Updated 2025)

12 - 21 years exp.

₹9.5 Lakhs - ₹23 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

5% less than the average State Head Salary in Insurance Companies for 12 - 21 years of experience

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Salaries in different departments

BFSI, Investments & Trading State Head Salary 20 - 21 years exp. (AmbitionBox Estimate)	₹18.9 L/yr - ₹23 L/yr
Sales & Business Development State Head Salary 15 - 17 years exp. (AmbitionBox Estimate)	₹12.7 L/yr - ₹14.7 L/yr
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Marketing & Communication State Head Salary 12 years exp. (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.5 L/yr

Last Updated: 30 Mar 2025

Companies similar to Universal Sompo General Insurance for State Head

Company name	Avg Annual Salary	Open Jobs
Magma HDI General Insurance State Head Salary 10 - 20 years exp. (51 salaries)	₹9.5 L/yr - ₹28.5 L/yr 25% more
Cholamandalam MS General Insurance State Head Salary 11 - 20 years exp. (42 salaries)	₹7 L/yr - ₹20 L/yr 3% more
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Royal Sundaram General Insurance State Head Salary 10 - 18 years exp. (9 salaries)	₹8.1 L/yr - ₹19.5 L/yr 3% less
Future Generali India Life Insurance State Head Salary 12 - 19 years exp. (8 salaries)	₹13 L/yr - ₹19.5 L/yr 4% less
Bharti AXA Life Insurance State Head Salary 14 - 16 years exp. (5 salaries)	₹14 L/yr - ₹20 L/yr 21% more
Liberty General Insurance State Head Salary 13 - 22 years exp. (4 salaries)	₹12.7 L/yr - ₹20 L/yr 2% more
Ageas Federal Life Insurance State Head Salary 7 - 10 years exp. (3 salaries)	₹14 L/yr - ₹20.6 L/yr 11% more
Shriram General Insurance State Head Salary 10 - 19 years exp. (3 salaries)	₹7.3 L/yr - ₹15 L/yr 28% less

State Head salary at Universal Sompo General Insurance ranges between ₹9.5 Lakhs to ₹23 Lakhs per year for employees with experience between 12 years to 21 years. Salary estimates are based on 5 latest salaries received from various employees of Universal Sompo General Insurance.

Experience wise Universal Sompo General Insurance State Head salaries

Last Updated: 30 Mar 2025

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.9 L/yr
13 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12 L/yr
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14 years (AmbitionBox Estimate)	₹10.6 L/yr - ₹13.5 L/yr
15+ years (4 salaries)	₹12.7 L/yr - ₹23 L/yr

Similar Designation salaries in Universal Sompo General Insurance

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(5 salaries)

₹2.7 L/yr - ₹7 L/yr

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(13 salaries)

₹2.05 L/yr - ₹6.5 L/yr

Sales Officer Salary

(4 salaries)

₹2 L/yr - ₹2.4 L/yr

Sales Executive Salary

(7 salaries)

₹2.75 L/yr - ₹5 L/yr

Branch Manager Salary

(26 salaries)

₹8 L/yr - ₹14.15 L/yr

Area Manager Salary

(4 salaries)

₹4.85 L/yr - ₹6.75 L/yr

Cluster Manager Salary

(6 salaries)

₹6.52 L/yr - ₹12.48 L/yr

Deputy Manager Salary

(53 salaries)

₹6.25 L/yr - ₹12.5 L/yr

Regional Manager Salary

(4 salaries)

₹4.1 L/yr - ₹17 L/yr

Area Sales Manager Salary

(4 salaries)

₹14.43 L/yr - ₹15.8 L/yr

Salary related reviews for Universal Sompo General Insurance

4.0

Rated by 2 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

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.

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Salary Discussions, Hike & Promotions

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 State Head Salary FAQs

What is the salary of State Head at Universal Sompo General Insurance ?

The average salary of a State Head at Universal Sompo General Insurance in India typically ranges from ₹9.5 Lakhs to ₹23.0 Lakhs per year, depending on experience (from 12 years to 21 years).

The top 10% of State Head at Universal Sompo General Insurance earn more than ₹23.0 Lakhs per year, and the top 1% earn over ₹23.0 Lakhs per year. State Head 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 State Head at Universal Sompo General Insurance in India?

The estimated take-home salary of a State Head at Universal Sompo General Insurance in India typically ranges from ₹1,04,266 to ₹1,07,125 per month. This is based on the average salary range of ₹9.5 Lakhs to ₹23.0 Lakhs per year for employees with experience ranging from 12 years to 21 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 State Head in India?

Magma HDI General Insurance	₹9.5 Lakhs to ₹28.5 Lakhs per year
Bharti AXA Life Insurance	₹14.0 Lakhs to ₹20.0 Lakhs per year
Ageas Federal Life Insurance	₹14.0 Lakhs to ₹20.6 Lakhs per year
Cholamandalam MS General Insurance	₹7.0 Lakhs to ₹20.0 Lakhs per year
Liberty General Insurance	₹12.7 Lakhs to ₹20.0 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.

What is the salary of a State Head in companies similar to Universal Sompo General Insurance in India?

The salary of a State Head 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:

Royal Sundaram General Insurance	₹8.1 Lakhs to ₹19.5 Lakhs per year
Future Generali India Life Insurance	₹13.0 Lakhs to ₹19.5 Lakhs per year
Shriram General Insurance	₹7.3 Lakhs to ₹15.0 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 State Head at Universal Sompo General Insurance in India?

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

Experience	Average Salary Range
12 years	₹8.6 Lakhs to ₹10.9 Lakhs per year
13 years	₹9.4 Lakhs to ₹12.0 Lakhs per year
14 years	₹10.6 Lakhs to ₹13.5 Lakhs per year
15 years	₹12.7 Lakhs to ₹23.0 Lakhs per year

and so on.

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Universal Sompo General Insurance State Head Salaries

Universal Sompo General Insurance State Head salary in India ranges between ₹9.5 Lakhs to ₹23 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Universal Sompo General Insurance latest salaries received from various employees of Universal Sompo General Insurance.