Aegon Life Insurance Area Sales Manager Salaries by 4 Employees

3 - 22 years exp.

₹3.7 Lakhs - ₹14 Lakhs

Low Confidence

Salary of majority employees

13% more than the average Area Sales Manager Salary in Insurance Companies for 3 - 22 years of experience

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Salaries in different departments

Sales & Business Development Area Sales Manager Salary 19 - 22 years exp. (AmbitionBox Estimate)	₹12.6 L/yr - ₹15.4 L/yr
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BFSI, Investments & Trading Area Sales Manager Salary 15 years exp. (AmbitionBox Estimate)	₹11.7 L/yr - ₹14.3 L/yr

Last Updated: 15 Mar 2023

Companies similar to Aegon Life Insurance for Area Sales Manager

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Health Insurance Co Area Sales Manager Salary 6 - 15 years exp. (143 salaries)	₹6.2 L/yr - ₹16 L/yr 6% less
Royal Sundaram General Insurance Area Sales Manager Salary 8 - 16 years exp. (76 salaries)	₹5.5 L/yr - ₹14.6 L/yr 13% less
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Cholamandalam MS General Insurance Area Sales Manager Salary 5 - 15 years exp. (39 salaries)	₹5.1 L/yr - ₹13.6 L/yr 30% less
Future Generali India Life Insurance Area Sales Manager Salary 1 - 14 years exp. (11 salaries)	₹3 L/yr - ₹13 L/yr 32% less
ManipalCigna Health Insurance Area Sales Manager Salary 10 - 15 years exp. (9 salaries)	₹7.5 L/yr - ₹11.2 L/yr 25% less
Bharti AXA Life Insurance Area Sales Manager Salary 4 - 12 years exp. (8 salaries)	₹5.2 L/yr - ₹10 L/yr 48% less
Aviva Life Insurance India Area Sales Manager Salary 1 - 20 years exp. (7 salaries)	₹2.9 L/yr - ₹12 L/yr 30% less
Magma HDI General Insurance Area Sales Manager Salary 7 - 12 years exp. (6 salaries)	₹7.7 L/yr - ₹8.8 L/yr 27% less
Edelweiss Life Insurance Area Sales Manager Salary 11 - 16 years exp. (6 salaries)	₹9 L/yr - ₹13.5 L/yr 6% less
Liberty General Insurance Area Sales Manager Salary 8 - 16 years exp. (6 salaries)	₹13.5 L/yr - ₹16.5 L/yr 27% more
Ageas Federal Life Insurance Area Sales Manager Salary 14 - 18 years exp. (5 salaries)	₹6.8 L/yr - ₹17.4 L/yr 4% less
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Bajaj Capital Insurance Area Sales Manager Salary 10 - 13 years exp. (5 salaries)	₹4.5 L/yr - ₹5 L/yr 57% less
Universal Sompo General Insurance Area Sales Manager Salary 16 - 17 years exp. (4 salaries)	₹14.4 L/yr - ₹15.8 L/yr 33% more
MetLife Area Sales Manager Salary 2 - 3 years exp. (3 salaries)	₹4 L/yr - ₹9.1 L/yr 48% less
CignaTTk Health Insurance Area Sales Manager Salary 2 - 9 years exp. (3 salaries)	₹2 L/yr - ₹7 L/yr 67% less
IndiaFirst Life Insurance Area Sales Manager Salary 5 - 7 years exp. (3 salaries)	₹6 L/yr - ₹9.5 L/yr 23% less
Shriram General Insurance Area Sales Manager Salary 3 - 14 years exp. (3 salaries)	₹2.5 L/yr - ₹10 L/yr 39% less

Area Sales Manager salary at Aegon Life Insurance ranges between ₹3.7 Lakhs to ₹14 Lakhs per year for employees with experience between 3 years to 22 years. Salary estimates are based on 4 latest salaries received from various employees of Aegon Life Insurance.

Experience wise Aegon Life Insurance Area Sales Manager salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
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15+ years (3 salaries)	₹13 L/yr - ₹14 L/yr

Similar Designation salaries in Aegon Life Insurance

Sales Manager Salary

(12 salaries)

₹3.5 L/yr - ₹6 L/yr

Senior Sales Manager Salary

(3 salaries)

₹4.08 L/yr - ₹5.5 L/yr

Area Manager Salary

(4 salaries)

₹12 L/yr - ₹14 L/yr

Senior Area Sales Manager Salary

(AmbitionBox Estimate)

₹13.5 L/yr - ₹17.3 L/yr

Regional Manager Salary

(6 salaries)

₹10.8 L/yr - ₹25.35 L/yr

Territory Sales Manager Salary

(AmbitionBox Estimate)

₹13.5 L/yr - ₹17.3 L/yr

Branch Manager Salary

(5 salaries)

₹5.1 L/yr - ₹13.19 L/yr

Cluster Manager Salary

(AmbitionBox Estimate)

₹11.7 L/yr - ₹15 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Business Manager Salary

(6 salaries)

₹2.1 L/yr - ₹3.5 L/yr

Salary related reviews for Aegon Life Insurance

Regional Manager in Kolkata

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

Skill development - Bad

+4 more

Relationship Manager in Pune

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

Salary - Poor

+4 more

Assistant Manager (working remotely)

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.

Salary - Poor

+5 more

DVP in HO Mumbai

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.

Salary - Good

+6 more

Dislikes

Nothing to dislike in the company or its culture.

Assistant Manager in Mumbai

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.

Skill development - Poor

+4 more

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Aegon Life Insurance Area Sales Manager Salary FAQs

What is the salary of Area Sales Manager at Aegon Life Insurance ?

The average salary of a Area Sales Manager at Aegon Life Insurance in India typically ranges from ₹3.7 Lakhs to ₹14.0 Lakhs per year, depending on experience (from 3 years to 22 years).

The top 10% of Area Sales 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 Sales 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 Sales Manager at Aegon Life Insurance in India?

The estimated take-home salary of a Area Sales Manager at Aegon Life Insurance in India typically ranges from ₹79,891 to ₹81,970 per month. This is based on the average salary range of ₹3.7 Lakhs to ₹14.0 Lakhs per year for employees with experience ranging from 3 years to 22 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 Sales Manager in India?

Universal Sompo General Insurance	₹14.4 Lakhs to ₹15.8 Lakhs per year
Liberty General Insurance	₹13.5 Lakhs to ₹16.5 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 Sales Manager in companies similar to Aegon Life Insurance in India?

The salary of a Area Sales 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:

Ageas Federal Life Insurance	₹6.8 Lakhs to ₹17.4 Lakhs per year
Aditya Birla Health Insurance Co	₹6.2 Lakhs to ₹16.0 Lakhs per year
Edelweiss Life Insurance	₹9.0 Lakhs to ₹13.5 Lakhs per year
Royal Sundaram General Insurance	₹5.5 Lakhs to ₹14.6 Lakhs per year
IndiaFirst Life Insurance	₹6.0 Lakhs to ₹9.5 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 Sales Manager at Aegon Life Insurance in India?

The salary growth for a Area Sales Manager at Aegon Life Insurance depends on factors such as experience, performance, and promotions. On average, a Area Sales Manager can expect the following growth trajectory at Aegon Life Insurance:

Experience	Average Salary Range
3 years	₹3.3 Lakhs to ₹4.2 Lakhs per year
15 years	₹13.0 Lakhs to ₹14.0 Lakhs per year

and so on.

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Aegon Life Insurance Area Sales Manager Salaries

Aegon Life Insurance Area Sales Manager salary in India ranges between ₹3.7 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Aegon Life Insurance latest salaries received from various employees of Aegon Life Insurance.

Aegon Life Insurance Area Sales Manager salaries in India

Companies similar to Aegon Life Insurance for Area Sales Manager

Latest annual salaries shared by Aegon Life Insurance Area Sales Manager

Experience wise Aegon Life Insurance Area Sales Manager salaries

Similar Designation salaries in Aegon Life Insurance

Salary related reviews for Aegon Life Insurance

Regional Manager in Kolkata

Relationship Manager in Pune

Assistant Manager (working remotely)

DVP in HO Mumbai

Assistant Manager in Mumbai

Aegon Life Insurance Area Sales Manager Salary FAQs

Tell us how to improve this page.