Aegon Life Insurance Mumbai Assistant Manager Operations Salaries by 4 Employees

9 - 14 years exp.

₹5.1 Lakhs - ₹8.4 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Assistant Manager Operations Salary in Insurance Companies for 9 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager Operations Salary 13 - 14 years exp. (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.4 L/yr
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Customer Success, Service & Operations Assistant Manager Operations Salary 9 - 11 years exp. (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.2 L/yr

Last Updated: 16 Mar 2023

Companies similar to Aegon Life Insurance for Assistant Manager Operations in Mumbai

Aegon Life Insurance Assistant Manager Operations Salary

9 - 14 years exp. (4 salaries)

₹5.1 L/yr - ₹8.4 L/yr

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Health Insurance Co Assistant Manager Operations Salary 3 - 9 years exp. (12 salaries)	₹4 L/yr - ₹6.5 L/yr 26% less
Medi Assist India Assistant Manager Operations Salary 8 - 14 years exp. (5 salaries)	₹4 L/yr - ₹7.3 L/yr 5% less
Login to view exact salary
ManipalCigna Health Insurance Assistant Manager Operations Salary 7 - 9 years exp. (4 salaries)	₹5 L/yr - ₹6 L/yr 17% less
WNS Assistant Manager Operations Salary 6 - 15 years exp. (51 salaries)	₹4.3 L/yr - ₹10.5 L/yr 22% more	1 job opening
ICICI Bank Assistant Manager Operations Salary 1 - 8 years exp. (40 salaries)	₹3.1 L/yr - ₹5.5 L/yr 35% less

Assistant Manager Operations salary at Aegon Life Insurance ranges between ₹5.1 Lakhs to ₹8.4 Lakhs per year for employees with experience between 9 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of Aegon Life Insurance.

Experience wise Aegon Life Insurance Assistant Manager Operations salaries in Mumbai

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
11 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
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13 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.7 L/yr
14 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr

Similar Designation salaries in Aegon Life Insurance

Assistant Vice President Salary

(20 salaries)

₹11.75 L/yr - ₹25 L/yr

MIS Executive Salary

(6 salaries)

₹2 L/yr - ₹4.2 L/yr

Associate Vice President Salary

(5 salaries)

₹20 L/yr - ₹28 L/yr

Customer Service Manager Salary

(5 salaries)

₹6.5 L/yr - ₹10.65 L/yr

Senior Customer Relationship Manager Salary

(3 salaries)

₹3.2 L/yr - ₹4 L/yr

Salary related reviews for Aegon Life Insurance

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.

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

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

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

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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Aegon Life Insurance Assistant Manager Operations Salary FAQs

What is the salary of Assistant Manager Operations at Aegon Life Insurance in Mumbai?

The average salary of a Assistant Manager Operations at Aegon Life Insurance in Mumbai typically ranges from ₹5.1 Lakhs to ₹8.4 Lakhs per year, depending on experience (from 9 years to 14 years).

The top 10% of Assistant Manager Operations in Mumbai at Aegon Life Insurance earn more than ₹8.4 Lakhs per year, and the top 1% earn over ₹8.4 Lakhs per year. Assistant Manager Operations 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 Assistant Manager Operations at Aegon Life Insurance in Mumbai?

The estimated take-home salary of a Assistant Manager Operations at Aegon Life Insurance in Mumbai typically ranges from ₹49,914 to ₹51,093 per month. This is based on the average salary range of ₹5.1 Lakhs to ₹8.4 Lakhs per year for employees with experience ranging from 9 years to 14 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 Assistant Manager Operations in India?

WNS	₹4.3 Lakhs to ₹10.5 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 Assistant Manager Operations in companies similar to Aegon Life Insurance in Mumbai?

The salary of a Assistant Manager Operations at companies similar to Aegon Life Insurance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Medi Assist India	₹4.0 Lakhs to ₹7.3 Lakhs per year
ManipalCigna Health Insurance	₹5.0 Lakhs to ₹6.0 Lakhs per year
Aditya Birla Health Insurance Co	₹4.0 Lakhs to ₹6.5 Lakhs per year
ICICI Bank	₹3.1 Lakhs to ₹5.5 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 Assistant Manager Operations at Aegon Life Insurance in Mumbai?

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

Experience	Average Salary Range
9 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
11 years	₹5.6 Lakhs to ₹7.1 Lakhs per year
13 years	₹7.6 Lakhs to ₹9.7 Lakhs per year
14 years	₹5.9 Lakhs to ₹7.5 Lakhs per year

and so on.

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Aegon Life Insurance Assistant Manager Operations Salaries in Mumbai

Aegon Life Insurance Assistant Manager Operations salary in Mumbai ranges between ₹5.1 Lakhs to ₹8.4 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.