Premium Employer

Ageas Federal Life Insurance

Q: When was Ageas Federal Life Insurance founded?

Ageas Federal Life Insurance was founded in 2008. The company has been operating for 17 years primarily in the Insurance sector.

Q: Where is the Ageas Federal Life Insurance headquarters located?

Ageas Federal Life Insurance is headquartered in Mumbai, Maharashtra and has an office in Mumbai

Q: How many employees does Ageas Federal Life Insurance have in India?

Ageas Federal Life Insurance currently has more than 2,500+ employees in India. BFSI, Investments & Trading department appears to have the highest employee count in Ageas Federal Life Insurance based on the number of reviews submitted on AmbitionBox.

Q: Does Ageas Federal Life Insurance have good work-life balance?

Ageas Federal Life Insurance has a Work-Life Balance Rating of 3.7 out of 5 based on 600+ employee reviews on AmbitionBox. 63% employees rated Ageas Federal Life Insurance 4 or above, while 37% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Ageas Federal Life Insurance work-life balance reviews for more details

Q: Is Ageas Federal Life Insurance good for career growth?

Career growth at Ageas Federal Life Insurance is rated as moderate, with a promotions and appraisal rating of 3.3. 37% employees rated Ageas Federal Life Insurance 3 or below, while 63% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Ageas Federal Life Insurance promotions/appraisals reviews for more detailed insights.

Q: What are the cons of working in Ageas Federal Life Insurance?

Working at Ageas Federal Life Insurance does have some drawbacks that potential employees should consider. The company is poorly rated for promotions / appraisal, based on 600+ employee reviews on AmbitionBox.

3.8

based on 659 Reviews

Company Overview

Company Locations

About Ageas Federal Life Insurance

"Empowering you to create the life and lifestyle of your choice"

2007

Founded Year

Mumbai

Headquarters

1,001-5,000

Company Size

Ageas Federal Life Insurance (AFLI) is one of India’s prominent life insurance companies that strives towards creating value for its stakeholders. We are a joint venture between Ageas, an international insurance giant based out of Europe and Federal Bank, one of India’s leading private sector banks.

Our overarching purpose is to empower people to create the life and lifestyle of their choice and we aim to achieve that by helping people plan for the future with life insurance. Our product portfolio offers a diverse range of wealth management, protection and retirement solutions for individual and corporate customers.

Having commenced operations in 2008, we were able to achieve breakeven within just 5 years; our passion for innovation and growth helped us achieve this feat. Through a nationwide network of our own branches, partner bank branches and a sizeable network of advisors, we have achieved presence across the length and breadth of the country.

Ageas Federal Life Insurance Reviews

Rating 3.8

Overall rating based on 659 reviews on

AmbitionBox

Featured

Relationship Manager in Dhanbad

BFSI, Investments & Trading

4.0

• posted on 28 Nov 2023

Likes:

Supervisor Supervisor and every one support to learn and grow

Dislikes:

Till now nothing feel as a dislike.

Featured

Senior Executive in Mumbai, Maharashtra

BFSI, Investments & Trading

4.0

• posted on 30 Oct 2022

Likes:

Employee satisfaction is more important part and that i’m getting

Dislikes:

Nothing till now

Featured

Relationship Manager in Kozhikode

Sales & Business Development

4.0

• posted on 04 May 2022

Likes:

Benefits for the work done is honoured by the company. Also company is keeping a good relationship with bank which makes us to reflect as same as to the bank staffs.

Dislikes:

No good Supervisors to keep us in track. They know only to tell by words but unaware, how to handle and overcome that

View all 659 reviews

Ageas Federal Life Insurance Videos

Ageas Federal Life Insurance presents 'Backstage with Boria' featuring Mahesh Theekshana

Ageas Federal Life Insurance Guaranteed Wealth Plan Benefits | Guaranteed Wealth Plan Details

Ageas Federal Life Insurance Job Openings

IRM Bancassurance

Jalandhar +2

1 - 5 Yrs

₹ 2.5-3.5 LPA

Urgent Hiring For Relationship Manager- Federal Bank||Kottayam

Changanassery +2

1 - 5 Yrs

₹ 3.4-3.5 LPA

Agency Leader Manager -

Rajahmundry +2

3 - 8 Yrs

Not Disclosed

Opening For Assistant Manager Financial Reporting

Mumbai

1 - 3 Yrs

₹ 10-15 LPA

Urgent Hiring For Relationship Manager-Federal Bank||Pala

Kanjirappally +2

1 - 5 Yrs

₹ 3.5-4.5 LPA

Urgent Hiring For Relationship Manager- Federal Bank||Kottarakkara

Punalur +2

1 - 5 Yrs

₹ 3.4-3.5 LPA

View all 12 jobs

Ageas Federal Life Insurance Salaries

3.7

rated by 659 employees for salaries

Relationship Manager

(203 salaries)

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₹2.2 L/yr - ₹5.5 L/yr

Senior Relationship Manager

(201 salaries)

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₹3.1 L/yr - ₹5 L/yr

Chief Relationship Manager

(79 salaries)

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₹4.2 L/yr - ₹5.1 L/yr

Branch Head

(40 salaries)

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₹7 L/yr - ₹13.7 L/yr

Sales Manager

(34 salaries)

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₹2.9 L/yr - ₹9.3 L/yr

Junior Manager

(27 salaries)

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₹4.1 L/yr - ₹11 L/yr

Unit Head

(25 salaries)

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₹8 L/yr - ₹13.9 L/yr

Financial Relationship Manager

(23 salaries)

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₹3.2 L/yr - ₹4 L/yr

Team Lead

(22 salaries)

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₹1.8 L/yr - ₹3.5 L/yr

Operations Executive

(22 salaries)

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₹1.8 L/yr - ₹3.8 L/yr

View all salaries

Ageas Federal Life Insurance Interview Questions

Ageas Federal Life Insurance Leadership

Arvind Shahi

CEO

Amit Poddar

Vice-President and Head - Internal Audit

Ganesa Ratnam

Chief Distribution Officer

Kapil Udaiwal

Chief Human Resources Officer

Lalitha Bhatia

Chief Operating Officer

Our Values

Our four values – Care, Dare, Deliver and Share – are the cornerstones that guide our journey. Our values reflect who we are and the principles that guide us. They serve as a foundation for our identity and shape the way we conduct ourselves, and most importantly, our business.

Ageas Federal Life Insurance Awards and Recognitions

2021

Best Workplaces in Insurance sector by Great Place to Work®

2021

‘India’s Top 30 Best Workplaces in BFSI 2021’ By Great Place to Work®

2021

Mr. Vighnesh Shahane, CEO honoured with ‘Indian Achievers’ for CEO

CSR Initiatives - Spreading Happiness, Celebrating Life

While we move ahead as an organisation, we work equally hard to uplift the lives of those in the communities around us. Our CSR initiatives are oriented towards helping the underprivileged and the economically disadvantaged sections of the community especially in the areas of children's education, health and sports.

CSR Initiatives - Spreading Happiness, Celebrating Life Section Image 1

CSR Initiatives - Spreading Happiness, Celebrating Life Section Image 2

Employee Value Proposition

Ageas Federal’s 4G Employee Value Proposition is an opportunity for you to be a part of a transformation journey, focused on distribution expansion, product innovation and digital enablement. In a work culture driven by values, you can add purpose to your life, Gain unmatched rewards, receive Guaranteed unique benefits, add Glory to your career and get opportunities to learn and Grow.

Work-Life Balance

To enable a harmonious work-life balance, all branch offices, have 2nd and 4th Saturday also as weekly offs, in addition to Sundays. To further provide respite to employees to effectively handle their personal and professional commitments, employees can opt for 1 day of work from home fortnightly or a continuous 5-days WFH, once in every 6 months. The Head Office has a 5-days work week and also have a Flexi Work schedule, where employees can choose to punch in anytime between 8:00 am to 10:30 am, as long as they complete 9 hours on work.

Employee Wellbeing

Offering path to a stress-free lifestyle, we have a customised wellness program. This includes meditation, heartfulness and invigorating yoga sessions led by certified therapists. Caring for employees’ peace of mind, some of the unique benefits of our healthcare plan are: - Nil co-payment by employee - Parents cover till age 100 - No age limit for children with special needs - Coverage of infertility treatment

Few Testimonials of Ageas Federal's Work Culture

Recognized as "India's Top 15 Best Employer" by Kincentric INDIA 2023. Qualified for "Kincentric INDIA Best Employers Club 2024". Certified as "Great Place to work" for the 5th time in a row. Recognized as "India's Best Workplaces in BFSI 2024 - Top 50" for the 4th time. Declared profit for the 11th consecutive year.