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Aegon Life Insurance Area Manager salaries in India

Annual salary range
11 - 19 years exp.
₹12 Lakhs - ₹14 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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34% more than the average Area Manager Salary in Insurance Companies for 11 - 19 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Area Manager Salary
11 - 13 years exp. (AmbitionBox Estimate)
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₹12.5 L/yr - ₹13 L/yr

Sales & Business Development
Area Manager Salary
19 years exp. (AmbitionBox Estimate)
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₹12.8 L/yr - ₹14 L/yr

Last Updated: 14 Mar 2023

Companies similar to Aegon Life Insurance for Area Manager

Company name Avg Annual Salary Open Jobs
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₹5.3 L/yr - ₹16.5 L/yr

arrow icon 29% less
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₹10.1 L/yr - ₹20 L/yr

arrow icon 20% more
2 job openings
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Bharti AXA Life Insurance Area Manager Salary

6 - 19 years exp. (38 salaries)

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₹6.1 L/yr - ₹16.5 L/yr

arrow icon 20% less
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Aviva Life Insurance India Area Manager Salary

7 - 20 years exp. (35 salaries)

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₹7 L/yr - ₹14 L/yr

arrow icon 16% less
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₹4.5 L/yr - ₹16.5 L/yr

arrow icon 21% less
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₹7.2 L/yr - ₹12.5 L/yr

arrow icon 23% less
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Shriram General Insurance Area Manager Salary

12 - 20 years exp. (26 salaries)

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₹8.3 L/yr - ₹15 L/yr

arrow icon 14% less
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Liberty General Insurance Area Manager Salary

9 - 21 years exp. (24 salaries)

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₹12.4 L/yr - ₹18.4 L/yr

arrow icon 14% more
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Edelweiss Life Insurance Area Manager Salary

12 - 20 years exp. (16 salaries)

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₹10 L/yr - ₹16.7 L/yr

arrow icon 9% more
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IndiaFirst Life Insurance Area Manager Salary

13 - 17 years exp. (8 salaries)

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₹9 L/yr - ₹16 L/yr

arrow icon 6% less
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₹9 L/yr - ₹18.5 L/yr

arrow icon 15% less
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₹10 L/yr - ₹17 L/yr

arrow icon 9% more
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CignaTTk Health Insurance Area Manager Salary

7 - 14 years exp. (5 salaries)

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₹8.6 L/yr - ₹10.5 L/yr

arrow icon 24% less
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₹8.8 L/yr - ₹16.3 L/yr

arrow icon 3% more
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Bajaj Capital Insurance Area Manager Salary

5 - 13 years exp. (5 salaries)

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₹4 L/yr - ₹6.2 L/yr

arrow icon 59% less
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₹4.9 L/yr - ₹6.8 L/yr

arrow icon 58% less
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Allianz Partners Area Manager Salary

8 - 11 years exp. (3 salaries)

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₹5.3 L/yr - ₹8 L/yr

arrow icon 48% less
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₹10 L/yr - ₹20 L/yr

arrow icon 3% more
Area Manager salary at Aegon Life Insurance ranges between ₹12 Lakhs to ₹14 Lakhs per year for employees with experience between 11 years to 19 years. Salary estimates are based on 4 latest salaries received from various employees of Aegon Life Insurance.

Latest annual salaries shared by Aegon Life Insurance Area Manager

1y ago
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11 years exp.
1y ago
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19 years exp.
1y ago
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13 years exp.
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13 years exp.

Experience wise Aegon Life Insurance Area Manager salaries

Last Updated: 14 Mar 2023

Experience Avg Annual Salary
11 years (AmbitionBox Estimate)

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₹12.5 L/yr - ₹23.2 L/yr
12 years (AmbitionBox Estimate)

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₹11.7 L/yr - ₹14.9 L/yr
13 years (AmbitionBox Estimate)

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₹12 L/yr - ₹13 L/yr
14 years (AmbitionBox Estimate)

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₹11.7 L/yr - ₹15 L/yr
15+ years (AmbitionBox Estimate)

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₹5.3 L/yr - ₹14 L/yr

Similar Designation salaries in Aegon Life Insurance

Sales Manager Salary
(12 salaries)
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₹3.5 L/yr - ₹6 L/yr
Branch Manager Salary
(5 salaries)
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₹5.1 L/yr - ₹13.19 L/yr
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₹3.7 L/yr - ₹14 L/yr
Cluster Manager Salary
(AmbitionBox Estimate)
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₹11.7 L/yr - ₹15 L/yr
Deputy Manager Salary
(AmbitionBox Estimate)
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₹6.3 L/yr - ₹8 L/yr
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₹10.8 L/yr - ₹25.35 L/yr
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₹2.1 L/yr - ₹3.5 L/yr
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₹8.25 L/yr - ₹9.75 L/yr
Team Lead Salary
(AmbitionBox Estimate)
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₹7.2 L/yr - ₹9.2 L/yr
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₹4.08 L/yr - ₹5.5 L/yr

Salary related reviews for Aegon Life Insurance

4.5

Rated by 2 employees for salary & benefits

BFSI, Investments & Trading Department

1.0
  •  posted on 25 Oct 2021

4.0
 for  Salary and Benefits

Likes

Nothing good.

  • Salary - Good

Dislikes

To be short and precise, DON'T JOIN even if they offer you 2 times salary. Just check their past record. It's already twice that they have closed channels at their whims and put hundreds of people's career into jeopardy. Very weak management both in India and Abroad. They have a knee jerk reaction to problems. Stay away. They don't have any Branch also

read more
  • Skill development - Bad
  • +4 more

Sales & Business Development Department

2.0
  •  posted on 01 Nov 2018

2.0
 for  Salary and Benefits

Likes

Teammates are supportive. But managers are not so supportive and cooperative.

  • Job security - Good

Dislikes

They didn't pay me incentives earned during Jan 18 till date. BH/ABH will assure that you don't get paid on time. No quality data to work on and just too much useless pressure created

read more
  • Salary - Poor
  • +4 more

Full Time

 · 

Marketing & Communication Department

2.0
  •  posted on 23 Apr 2023

2.0
 for  Salary and Benefits

Likes

Remote work and some home office setup cost is only main benefit but they come at very high other costs.

Dislikes

HR department gives you false claims to lurk you towards closing job at their end. They will show how much you will gain and additional variable pay above your CTC which is not given at end of year claiming company is in loss and No yearly appraisals are given after HR run behinds you every month to fill data on their HR portals. Use less portals and they only working towards their image correction in market as they are in very bad condition right now. Do not buy this fruit of Aegon Job as its shiny outside and rotten inside.

read more
  • Salary - Poor
  • +5 more

Strategic & Top Management Department

5.0
  •  posted on 26 May 2022

4.0
 for  Salary and Benefits

Likes

... you are heard. Access to top leadership which is sensitive and not opinionated. Aegon has a flat structure and pay is the best in the sector.

read more
  • Salary - Good
  • +6 more

Dislikes

Nothing to dislike in the company or its culture.

BFSI, Investments & Trading Department

3.0
  •  posted on 20 May 2019

5.0
 for  Salary and Benefits

Likes

Every individual plays superb role as a Team. Salary is very high.

  • Salary - Excellent

Dislikes

But the Individuals are not helpful as internal customer. The Salary package is very high for each designation as compare to Market. So once you decide to leave Aegon, the other company will not recruit you because of your high salary.

read more
  • Skill development - Poor
  • +4 more
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Aegon Life Insurance Area Manager Salary FAQs

What is the salary of Area Manager at Aegon Life Insurance ?
The average salary of a Area Manager at Aegon Life Insurance in India typically ranges from ₹12.0 Lakhs to ₹14.0 Lakhs per year, depending on experience (from 11 years to 19 years).

The top 10% of Area Manager at Aegon Life Insurance earn more than ₹14.0 Lakhs per year, and the top 1% earn over ₹14.0 Lakhs per year. Area Manager Salaries at Aegon Life 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 4 Aegon Life Insurance employees in India.
What is the estimated take home salary of a Area Manager at Aegon Life Insurance in India?
The estimated take-home salary of a Area Manager at Aegon Life Insurance in India typically ranges from ₹91,805 to ₹94,262 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹14.0 Lakhs per year for employees with experience ranging from 11 years to 19 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 4 salaries received from various employees of Aegon Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Aegon Life Insurance for Area Manager in India?
Future Generali India Life Insurance ₹10.1 Lakhs to ₹20.0 Lakhs per year
Liberty General Insurance ₹12.4 Lakhs to ₹18.4 Lakhs per year
Edelweiss Life Insurance ₹10.0 Lakhs to ₹16.7 Lakhs per year
Ageas Federal Life Insurance ₹10.0 Lakhs to ₹17.0 Lakhs per year
Magma HDI General Insurance ₹8.8 Lakhs to ₹16.3 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Aegon Life Insurance, depending on the role and experience level.
What is the salary of a Area Manager in companies similar to Aegon Life Insurance in India?
The salary of a Area Manager at companies similar to Aegon Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aegon Religare Life Insurance ₹10.0 Lakhs to ₹20.0 Lakhs per year
IndiaFirst Life Insurance ₹9.0 Lakhs to ₹16.0 Lakhs per year
Shriram General Insurance ₹8.3 Lakhs to ₹15.0 Lakhs per year
Royal Sundaram General Insurance ₹9.0 Lakhs to ₹18.5 Lakhs per year
Aviva Life Insurance India ₹7.0 Lakhs to ₹14.0 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 Area Manager at Aegon Life Insurance in India?
The salary growth for a Area Manager at Aegon Life Insurance depends on factors such as experience, performance, and promotions. On average, a Area Manager can expect the following growth trajectory at Aegon Life Insurance:

Experience Average Salary Range
11 years ₹12.5 Lakhs to ₹23.2 Lakhs per year
12 years ₹11.7 Lakhs to ₹14.9 Lakhs per year
13 years ₹12.0 Lakhs to ₹13.0 Lakhs per year
14 years ₹11.7 Lakhs to ₹15.0 Lakhs per year
and so on.

Tell us how to improve this page.

Aegon Life Insurance Area Manager salary in India ranges between ₹12 Lakhs to ₹14 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Aegon Life Insurance latest salaries received from various employees of Aegon Life Insurance.