Royal Sundaram General Insurance Salaries in India

3.5

Rated by 557 Employees for salary and benefits

Top Departments at Royal Sundaram General Insurance

BFSI, Investments & Trading Customer Success, Service & Operations Sales & Business Development Finance & Accounting Human Resources Data Science & Analytics Engineering - Software & QA Marketing & Communication Legal & Regulatory Other + 4 more

Designation	Average Salary Yearly Yearly Monthly
Territory Sales Manager Experience: 3 - 12 yrs (314 Salaries)	₹ 4,87,702/year (₹2.1L/yr - ₹7.7L/yr)
Area Sales Manager Experience: 5 - 16 yrs (82 Salaries)	₹ 9,45,128/year (₹5.5L/yr - ₹15.7L/yr)
Territory Manager Experience: 3 - 15 yrs (54 Salaries)	₹ 5,37,094/year (₹2.8L/yr - ₹8.1L/yr)
Officer Experience: 1 - 8 yrs (54 Salaries)	₹ 3,41,406/year (₹2.5L/yr - ₹4.2L/yr)
Senior Officer Experience: 5 - 12 yrs (48 Salaries)	₹ 4,68,247/year (₹3.2L/yr - ₹5.5L/yr)
Back Office Associate Experience: 0 - 4 yrs (33 Salaries)	₹ 2,34,018/year (₹1.3L/yr - ₹3.0L/yr)
Customer Service Executive Experience: 2 - 11 yrs (31 Salaries)	₹ 3,40,000/year (₹2.2L/yr - ₹5.0L/yr)
Sales Manager Experience: 2 - 11 yrs (30 Salaries)	₹ 3,55,000/year (₹2.9L/yr - ₹6.0L/yr)
Back Office Executive Experience: 1 - 9 yrs (30 Salaries)	₹ 2,62,500/year (₹1.7L/yr - ₹4.1L/yr)
Claims Executive Experience: 1 - 8 yrs (24 Salaries)	₹ 3,55,000/year (₹2.0L/yr - ₹6.0L/yr)

Royal Sundaram General Insurance Salary FAQs

How much does Royal Sundaram General Insurance pay per year?

The average Royal Sundaram General Insurance salary ranges from approximately ₹1.3 Lakhs per year for a Office Assistant to ₹31.0 Lakhs per year for a Deputy General Manager. Salary estimates are based on 2.6k Royal Sundaram General Insurance salaries received from various employees of Royal Sundaram General Insurance. Royal Sundaram General Insurance employees rate the overall salary and benefits package 3.5/5 stars.

What is the highest salary in Royal Sundaram General Insurance?

The highest-paying job at Royal Sundaram General Insurance is a Deputy General Manager with a salary of ₹31.0 Lakhs per year. The top 10% of employees earn more than ₹12.01 lakhs per year. The top 1% earn more than a whopping ₹30 lakhs per year.

What is the minimum salary in Royal Sundaram General Insurance?

Minimum salary at Royal Sundaram General Insurance depends on the role you are applying for. For Back Office Associate the minimum salary is ₹2.3 Lakhs per year, for Back Office Executive the minimum salary is ₹2.6 Lakhs per year and so on.

What is the salary package for freshers in Royal Sundaram General Insurance?

The average salary at Royal Sundaram General Insurance for freshers varies from ₹2.8 Lakhs per year for Sales Officer to ₹4.3 Lakhs per year for Management Trainee. View Fresher Salaries at Royal Sundaram General Insurance

What is the notice period at Royal Sundaram General Insurance?

According to AmbitionBox, 39% of the Royal Sundaram General Insurance employees reported a notice period of 3 Months, 29% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 1.7k responses on AmbitionBox in last 2 years.

Reviews which talk about salary at Royal Sundaram General Insurance

Technical Assessment Trainee in Hyderabad

Full Time

Motor OD Department

3.0

posted on 14 Sep 2023

3.0 for Salary and Benefits

Likes

Once worked in a Royal Sundaram, that person had a better knowledge from others. More stuff, technic skills & licence with insurance knowledge easily got at RS.Read More

Dislikes

But in work very hard(long process & more tasks) & salary very low remaining all are best.Read More

Work Details

Work days: Monday to Friday (Flexible Timings)

Branch Incharge in Pune, Maharashtra

Full Time

Retail & B2C Sales Department

2.0

posted on 12 Sep 2023

1.0 for Salary and Benefits

Likes

Trust they have on team earlier Earlier we have freedomRead More

Dislikes

...I worked during period while from Hospital which was known to reporting manager and later my 40 days salary was deducted which was done intentionally and no one supported no one asked me while leaving....I feel very bad of spending my 6+ years with organisation....I was really frustrated during the phase...I have all the evidenceRead More

Work Details

Work days: Monday to Saturday (Strict Timings)

Sales Manager in Tirunelveli, Tamil Nadu

Full Time

General Insurance Department

4.0

posted on 23 Jul 2023

3.0 for Salary and Benefits

Likes

Royal sundaram working environment & culture is very nice. Excellent customer support & one most unique of South based company.Read More

Dislikes

Management always giving promotion & appraisal top level only , minimum branch level manager & senior only . Field Managers got too low bonus amount & salary hike percentage every year.Read More

Work Details

Work policy: 3 days/week from office

Work days: Monday to Friday (Flexible Timings)

Sales Support Associate in Nagpur, Maharashtra

Full Time

General Insurance Department

2.0

posted on 19 Apr 2023

2.0 for Salary and Benefits

Likes

Work balance is quite good and no eager deadlines.Read More

Dislikes

Promotion is minimal though Internal Job posting. No policy for getting promotion within team within specific criteria. Appraisal cycle is worst and no clarity every year about bonus even salary hike too. It is also true that in this company higher management does not coperate with lower level staff.Read More

Work Details

Work days: Monday to Saturday (Strict Timings)

Work related travel: This job involves Travel Within City.

Motor Engineer in Kolkata

General Insurance Department

3.0

posted on 20 Apr 2022

2.0 for Salary and Benefits

Likes

... We are made to work on weekends, given weekend targets, that too without pay. After working in dedicated manner for almost 6 years, i am awarded with financial stress, stagnancy, no development, stressful and abusive profession with no work -life balance. Altogether i regret my decision of joining Royal Sundaram.Read More

Dislikes

After dedicated efforts for years, leaving everything else for the sake of the targets, working on almost all weekends, i am left with no family, financial stress due to its poor remuneration, poor health due to work stress, lost all soft skills i had and finall left with no other career options. I regret my joining Royal Sundaram.Read More

Work Details

Work timings: Flexible Timings

Work related travel: This job involves Travel Within City.

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Royal Sundaram General Insurance Salaries

Average annual salary in Royal Sundaram General Insurance is INR 6.2 lakhs . Salary estimates are based on 2.6k Royal Sundaram General Insurance latest salaries received from various employees of Royal Sundaram General Insurance.