Aegon Life Insurance Department Manager Salaries by 2 Employees (Updated 2025)

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₹5.1 Lakhs - ₹6.5 Lakhs

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Last Updated: 12 Sep 2023

Companies similar to Aegon Life Insurance for Department Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Department Manager Salary 1 - 3 years exp. (3 salaries)	Unlock ₹4.5 L/yr - ₹17 L/yr 66% more
ICICI Prudential Life Insurance Department Manager Salary 0 - 12 years exp. (4 salaries)	Unlock ₹4.5 L/yr - ₹8.7 L/yr 2% more
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SBI Life Insurance Company Department Manager Salary 6 - 10 years exp. (4 salaries)	Unlock ₹3.2 L/yr - ₹4.3 L/yr 42% less
Future Generali India Life Insurance Department Manager Salary 8 - 12 years exp. (3 salaries)	Unlock ₹4.1 L/yr - ₹7.1 L/yr 4% more
Digit Insurance Department Manager Salary 3 - 5 years exp. (3 salaries)	Unlock ₹10.5 L/yr - ₹22 L/yr 155% more

Department Manager salary at Aegon Life Insurance ranges between ₹5.1 Lakhs to ₹6.5 Lakhs per year for employees with 6 years of experience. Salary estimates are based on 2 latest salaries received from various employees of Aegon Life Insurance.

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Operations Manager Salary

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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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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Aegon Life Insurance Department Manager Salaries

Aegon Life Insurance Department Manager salary in India ranges between ₹5.1 Lakhs to ₹6.5 Lakhs. This is an estimate based on latest salaries received from employees of Aegon Life Insurance.

Aegon Life Insurance Department Manager salaries in India

Companies similar to Aegon Life Insurance for Department Manager

Similar Designation salaries in Aegon Life Insurance

Salary related reviews for Aegon Life Insurance

Assistant Manager (working remotely)

DVP in HO Mumbai

Regional Manager in Kolkata

Assistant Manager in Mumbai

Relationship Manager in Pune

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