Aegon Life Insurance Mumbai Manager Salaries by 10+ Employees (Updated 2025)

2 - 13 years exp.

₹6.4 Lakhs - ₹22.7 Lakhs

Salary of majority employees

21% less than the average Manager Salary in Insurance Companies for 2 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager Salary 11 - 13 years exp. (3 salaries)	₹6.4 L/yr - ₹13.1 L/yr
Finance & Accounting Manager Salary 2 - 7 years exp. (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.2 L/yr
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Sales & Business Development Manager Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹12.9 L/yr - ₹22.7 L/yr
Consulting Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹12.6 L/yr - ₹18 L/yr
Customer Success, Service & Operations Manager Salary 3 years exp. (AmbitionBox Estimate)	₹12.4 L/yr - ₹15 L/yr

Last Updated: 27 Dec 2023

Companies similar to Aegon Life Insurance for Manager in Mumbai

Aegon Life Insurance Manager Salary

2 - 13 years exp. (11 salaries)

₹6.4 L/yr - ₹22.7 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Manager Salary 2 - 16 years exp. (237 salaries)	₹5.6 L/yr - ₹16 L/yr 25% less
ICICI Prudential Life Insurance Manager Salary 1 - 13 years exp. (183 salaries)	₹3.4 L/yr - ₹12.9 L/yr 37% less
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SBI Life Insurance Company Manager Salary 3 - 20 years exp. (154 salaries)	₹5.2 L/yr - ₹17 L/yr 14% less
Max Life Insurance Manager Salary 5 - 15 years exp. (19 salaries)	₹4 L/yr - ₹13.3 L/yr 39% less	9 job openings
Bajaj Allianz Life Insurance Manager Salary 3 - 17 years exp. (40 salaries)	₹8.5 L/yr - ₹18.5 L/yr 2% more
Reliance Nippon Life Insurance Manager Salary 2 - 17 years exp. (67 salaries)	₹3.2 L/yr - ₹12.4 L/yr 46% less
Kotak Mahindara Life Insurance Manager Salary 0 - 12 years exp. (242 salaries)	₹3 L/yr - ₹8.5 L/yr 58% less
Tata AIA Life Insurance Manager Salary 4 - 18 years exp. (168 salaries)	₹6.8 L/yr - ₹26 L/yr 24% more	16 job openings
PNB MetLife Manager Salary 5 - 17 years exp. (38 salaries)	₹4.9 L/yr - ₹15.5 L/yr 13% less	3 job openings
Aditya Birla Sun Life Insurance Manager Salary 0 - 12 years exp. (108 salaries)	₹5 L/yr - ₹18 L/yr 15% less
Aditya Birla Health Insurance Co Manager Salary 2 - 12 years exp. (129 salaries)	₹4.7 L/yr - ₹17 L/yr 21% less
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Future Generali India Life Insurance Manager Salary 4 - 18 years exp. (75 salaries)	₹6.2 L/yr - ₹22.3 L/yr 14% more	2 job openings
Bharti AXA Life Insurance Manager Salary 3 - 16 years exp. (67 salaries)	₹6.5 L/yr - ₹17.4 L/yr 3% less
Edelweiss Life Insurance Manager Salary 4 - 13 years exp. (66 salaries)	₹4.9 L/yr - ₹14.2 L/yr 39% less
IndiaFirst Life Insurance Manager Salary 1 - 13 years exp. (48 salaries)	₹6 L/yr - ₹22.2 L/yr 1% less
ManipalCigna Health Insurance Manager Salary 5 - 18 years exp. (35 salaries)	₹8 L/yr - ₹18.5 L/yr 6% more
Medi Assist India Manager Salary 7 - 16 years exp. (31 salaries)	₹4 L/yr - ₹11.5 L/yr 31% less	3 job openings
Ageas Federal Life Insurance Manager Salary 4 - 17 years exp. (23 salaries)	₹9.5 L/yr - ₹21.9 L/yr 22% more
Cholamandalam MS General Insurance Manager Salary 3 - 11 years exp. (10 salaries)	₹5.5 L/yr - ₹14 L/yr 38% less
Aviva Life Insurance India Manager Salary 3 - 14 years exp. (4 salaries)	₹7.5 L/yr - ₹14 L/yr 13% less

Manager salary at Aegon Life Insurance ranges between ₹6.4 Lakhs to ₹22.7 Lakhs per year for employees with experience between 2 years to 13 years. Salary estimates are based on 11 latest salaries received from various employees of Aegon Life Insurance.

Experience wise Aegon Life Insurance Manager salaries in Mumbai

Last Updated: 27 Dec 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹5 L/yr - ₹12.5 L/yr
3 years (AmbitionBox Estimate)	₹5 L/yr - ₹15 L/yr
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4 years (AmbitionBox Estimate)	₹5 L/yr - ₹16 L/yr
5 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹18 L/yr
6 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹18 L/yr
7 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹23.2 L/yr
8 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹21.2 L/yr
9 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹22.7 L/yr
10 years (AmbitionBox Estimate)	₹11.8 L/yr - ₹15.1 L/yr
11 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹23.9 L/yr
12 years (AmbitionBox Estimate)	₹12 L/yr - ₹15.4 L/yr
13 years (AmbitionBox Estimate)	₹13.1 L/yr - ₹24.2 L/yr

View all

Similar Designation salaries in Aegon Life Insurance

Assistant Vice President Salary

(20 salaries)

₹11.75 L/yr - ₹25 L/yr

Finance Manager Salary

(3 salaries)

₹7 L/yr - ₹10 L/yr

Top skills at Aegon Life Insurance for Manager

Finance Life Insurance Website Sales Agile Methodology Project Management

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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Aegon Life Insurance Manager Salary FAQs

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

Manager salary at Aegon Life Insurance in Mumbai ranges between ₹6.4 Lakhs to ₹22.7 Lakhs for experience between 2 years to 13 years. According to our estimates it is 21% less than the average Manager Salary in India. Salary estimates are based on 11 latest salaries received from various employees of Aegon Life Insurance Mumbai.

How does the salary of a Manager at Aegon Life Insurance Mumbai compare with the average salary range for this job?

The average salary of a Manager at Aegon Life Insurance is 21% less than the average salary of a Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Manager at Aegon Life Insurance?

Finance, Life Insurance, Website Sales, Agile Methodology and Project Management are some of the popular skills required to work as a Manager at Aegon Life Insurance Mumbai.

Which similar companies are paying more than Aegon Life Insurance to a Manager in Mumbai?

Tata AIA Life Insurance Manager Salary - ₹6.8 Lakhs to ₹26.0 Lakhs per year
Ageas Federal Life Insurance Manager Salary - ₹9.5 Lakhs to ₹21.9 Lakhs per year
Future Generali India Life Insurance Manager Salary - ₹6.2 Lakhs to ₹22.3 Lakhs per year
ManipalCigna Health Insurance Manager Salary - ₹8.0 Lakhs to ₹18.5 Lakhs per year
Bajaj Allianz Life Insurance Manager Salary - ₹8.5 Lakhs to ₹18.5 Lakhs per year

What is the salary of a Manager in companies similar to Aegon Life Insurance in Mumbai?

IndiaFirst Life Insurance Manager Salary - ₹6.0 Lakhs to ₹22.2 Lakhs per year
Bharti AXA Life Insurance Manager Salary - ₹6.5 Lakhs to ₹17.4 Lakhs per year
PNB MetLife Manager Salary - ₹4.9 Lakhs to ₹15.5 Lakhs per year
Aviva Life Insurance India Manager Salary - ₹7.5 Lakhs to ₹14.0 Lakhs per year
SBI Life Insurance Company Manager Salary - ₹5.2 Lakhs to ₹17.0 Lakhs per year

What is the estimated take home salary of a Manager at Aegon Life Insurance in Mumbai?

The estimated take-home salary of a Manager at Aegon Life Insurance ranges between ₹91,416 per month to ₹93,852 per month in Mumbai. The take-home salary calculation is based on the average Aegon Life Insurance Manager salary in India which ranges between ₹6.4 Lakhs to ₹22.7 Lakhs per year for employees with experience between 2 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Manager at Aegon Life Insurance in Mumbai?

According to AmbitionBox, 100% of the Aegon Life Insurance Managers in Mumbai reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Aegon Life Insurance Manager Salaries in Mumbai

Aegon Life Insurance Manager salary in Mumbai ranges between ₹6.4 Lakhs to ₹22.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Aegon Life Insurance latest salaries received from various employees of Aegon Life Insurance.