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Engaged Employer

Ageas Federal Life Insurance

3.8
based on 686 Reviews
Video summary

Working at Ageas Federal Life Insurance

Company Summary

IDBI Federal Life Insurance offers diverse life insurance products, focusing on financial security and future planning for individuals and businesses.

Overall Rating

3.8/5
based on 686 reviews
highly rated categories
On-Par with
industry average
highly rated categories
Critically rated for

Promotions

Work Policy
Work from office
Work from office
82% employees reported
Monday to Saturday
Monday to Saturday
49% employees reported
Flexible timing
Flexible timing
56% employees reported
Within city
Within city
54% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
Job/Soft skill training
41 employees reported
Health insurance
Health insurance
26 employees reported
Cafeteria
Cafeteria
17 employees reported
Professional degree assistance
Professional degree assistance
10 employees reported
View all benefits

About Ageas Federal Life Insurance

Founded in2008 (17 yrs old)
India Employee Count1k-5k
Global Employee Count1k-5k
India HeadquartersMumbai, Maharashtra, India
Office Locations
Websiteageasfederal.com
Primary Industry
Other Industries
View in video summary

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 Ratings

based on 686 reviews

Overall Rating

3.8/5
How AmbitionBox ratings work?
5
297
4
135
3
95
2
50
1
109

Category Ratings

3.7

Salary

3.7

Work-life balance

3.6

Company culture

3.5

Job security

3.4

Skill development

3.4

Work satisfaction

3.2

Promotions

Ageas Federal Life Insurance is rated 3.8 out of 5 stars on AmbitionBox, based on 686 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Ageas Federal Life Insurance
based on 644 reviews
3.7
Rated by 141 Women
Rated 3.8 for Work-life balance and 3.8 for Company culture
3.8
Rated by 503 Men
Rated 3.7 for Work-life balance and 3.7 for Salary

Work Policy at Ageas Federal Life Insurance

based on 76 reviews in last 6 months
Work from office
82%
Hybrid
16%
Permanent work from home
2%

Ageas Federal Life Insurance Reviews

Top mentions in Ageas Federal Life Insurance Reviews

+ 5 more

Compare Ageas Federal Life Insurance with Similar Companies

Ageas Federal Life Insurance
Bharti AXA Life Insurance
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Cholamandalam MS General Insurance
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Future Generali India Life Insurance
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Overall Rating
3.8/5
based on 686 reviews
3.8/5
based on 1.8k reviews
3.8/5
based on 2k reviews
3.6/5
based on 1.7k reviews
Highly Rated for
No highly rated category
Work-life balance
No highly rated category
No highly rated category
Critically Rated for
Promotions
No critically rated category
Promotions
Promotions
Primary Work Policy
Work from office
82% employees reported
Work from office
78% employees reported
Work from office
82% employees reported
Work from office
70% employees reported
Rating by Women Employees
3.7
Good
rated by 141 women
3.8
Good
rated by 379 women
4.0
Good
rated by 208 women
3.4
Average
rated by 313 women
Rating by Men Employees
3.8
Good
rated by 503 men
3.9
Good
rated by 1.3k men
3.8
Good
rated by 1.7k men
3.7
Good
rated by 1.3k men
Job security
3.5
Good
3.6
Good
3.6
Good
3.4
Average
View more

Ageas Federal Life Insurance Salaries

Ageas Federal Life Insurance salaries have received with an average score of 3.7 out of 5 by 686 employees.

Relationship Manager

(203 salaries)
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₹2.4 L/yr - ₹5.4 L/yr

Senior Relationship Manager

(184 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

(39 salaries)
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₹7 L/yr - ₹13.7 L/yr

Unit Head

(28 salaries)
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₹8 L/yr - ₹15 L/yr

Junior Manager

(26 salaries)
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₹4.1 L/yr - ₹11 L/yr

Sales Manager

(25 salaries)
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₹2.9 L/yr - ₹7.6 L/yr

Operations Executive

(23 salaries)
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₹1.8 L/yr - ₹3.8 L/yr

Territory Manager

(22 salaries)
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₹8.4 L/yr - ₹17.1 L/yr

Team Lead

(22 salaries)
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₹1.8 L/yr - ₹3.5 L/yr

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Ageas Federal Life Insurance FAQs

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.
Where is the Ageas Federal Life Insurance headquarters located?
Ageas Federal Life Insurance is headquartered in Mumbai, Maharashtra and has an office in Mumbai
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.
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
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 3.2. 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.
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.
Ageas Federal Life Insurance Overview
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