Aegon Life Insurance Relationship Manager Salaries by 100+ Employees (Updated 2025)

0 - 7 years exp.

₹2.5 Lakhs - ₹4.3 Lakhs

Salary of majority employees

32% less than the average Relationship Manager Salary in Insurance Companies for 0 - 7 years of experience

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Salaries in different departments

Sales & Business Development Relationship Manager Salary 0 - 7 years exp. (41 salaries)	₹2.5 L/yr - ₹4 L/yr
BFSI, Investments & Trading Relationship Manager Salary 0 - 7 years exp. (37 salaries)	₹2.5 L/yr - ₹4 L/yr
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Marketing & Communication Relationship Manager Salary 0 - 7 years exp. (31 salaries)	₹2.5 L/yr - ₹4 L/yr
Customer Success, Service & Operations Relationship Manager Salary 0 - 7 years exp. (10 salaries)	₹2.7 L/yr - ₹3.5 L/yr
Finance & Accounting Relationship Manager Salary 0 - 6 years exp. (8 salaries)	₹3.4 L/yr - ₹3.9 L/yr

Last Updated: 18 Aug 2024

Companies similar to Aegon Life Insurance for Relationship Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Relationship Manager Salary 0 - 6 years exp. (561 salaries)	₹1.7 L/yr - ₹5 L/yr At par	4 job openings
ICICI Prudential Life Insurance Relationship Manager Salary 0 - 7 years exp. (337 salaries)	₹1.9 L/yr - ₹7.4 L/yr 32% more
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SBI Life Insurance Company Relationship Manager Salary 0 - 10 years exp. (62 salaries)	₹2.5 L/yr - ₹6.5 L/yr 19% more
Max Life Insurance Relationship Manager Salary 0 - 10 years exp. (477 salaries)	₹1.1 L/yr - ₹7 L/yr 35% more	5 job openings
Bajaj Allianz Life Insurance Relationship Manager Salary 0 - 10 years exp. (769 salaries)	₹1.6 L/yr - ₹5 L/yr 3% less	9 job openings
Reliance Nippon Life Insurance Relationship Manager Salary 0 - 8 years exp. (195 salaries)	₹1.7 L/yr - ₹5.1 L/yr 4% less
Kotak Mahindara Life Insurance Relationship Manager Salary 0 - 7 years exp. (207 salaries)	₹1.8 L/yr - ₹7 L/yr 4% more	3 job openings
Tata AIA Life Insurance Relationship Manager Salary 0 - 9 years exp. (1.3k salaries)	₹2 L/yr - ₹5.6 L/yr 15% more	216 job openings
PNB MetLife Relationship Manager Salary 0 - 12 years exp. (1.2k salaries)	₹2.3 L/yr - ₹4.7 L/yr 6% more	158 job openings
Aditya Birla Sun Life Insurance Relationship Manager Salary 0 - 7 years exp. (249 salaries)	₹2 L/yr - ₹6 L/yr 8% more
Edelweiss Life Insurance Relationship Manager Salary 1 - 7 years exp. (280 salaries)	₹2 L/yr - ₹5.9 L/yr 8% more	4 job openings
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Future Generali India Life Insurance Relationship Manager Salary 0 - 6 years exp. (214 salaries)	₹2 L/yr - ₹4.3 L/yr 11% less	53 job openings
Ageas Federal Life Insurance Relationship Manager Salary 0 - 9 years exp. (201 salaries)	₹2.2 L/yr - ₹5.5 L/yr 15% more	3 job openings
Aviva Life Insurance India Relationship Manager Salary 0 - 8 years exp. (180 salaries)	₹2.2 L/yr - ₹4.5 L/yr 8% more
Aditya Birla Health Insurance Co Relationship Manager Salary 0 - 7 years exp. (174 salaries)	₹2.1 L/yr - ₹8.5 L/yr 35% more
Bharti AXA Life Insurance Relationship Manager Salary 1 - 9 years exp. (213 salaries)	₹2.3 L/yr - ₹5.3 L/yr 15% more	4 job openings
Cholamandalam MS General Insurance Relationship Manager Salary 1 - 14 years exp. (142 salaries)	₹2.1 L/yr - ₹6 L/yr 16% more
IndiaFirst Life Insurance Relationship Manager Salary 2 - 11 years exp. (77 salaries)	₹2.5 L/yr - ₹6 L/yr 5% more	1 job opening
ManipalCigna Health Insurance Relationship Manager Salary 1 - 11 years exp. (66 salaries)	₹2.8 L/yr - ₹4.5 L/yr 4% more
Digit Insurance Relationship Manager Salary 1 - 8 years exp. (48 salaries)	₹2.4 L/yr - ₹6 L/yr 25% more	13 job openings

View all

Relationship Manager salary at Aegon Life Insurance ranges between ₹2.5 Lakhs to ₹4.3 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 154 latest salaries received from various employees of Aegon Life Insurance.

Experience wise Aegon Life Insurance Relationship Manager salaries

Last Updated: 18 Aug 2024

Experience	Avg Annual Salary
Fresher (21 salaries)	₹3.1 L/yr - ₹4.3 L/yr
1 year (44 salaries)	₹2.5 L/yr - ₹4 L/yr
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2 years (14 salaries)	₹3 L/yr - ₹3.6 L/yr
3 years (18 salaries)	₹2.8 L/yr - ₹3.6 L/yr
4 years (18 salaries)	₹2.8 L/yr - ₹4 L/yr
5 years (24 salaries)	₹2.5 L/yr - ₹4 L/yr
6 years (9 salaries)	₹2.7 L/yr - ₹4 L/yr
7 years (6 salaries)	₹2.5 L/yr - ₹3.5 L/yr

View all

Similar Designation salaries in Aegon Life Insurance

Branch Manager Salary

(5 salaries)

₹5.1 L/yr - ₹13.19 L/yr

Department Manager Salary

(AmbitionBox Estimate)

₹5.1 L/yr - ₹6.6 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Territory Manager Salary

(4 salaries)

₹8.25 L/yr - ₹9.75 L/yr

Sales Manager Salary

(12 salaries)

₹3.5 L/yr - ₹6 L/yr

Area Sales Manager Salary

(4 salaries)

₹3.7 L/yr - ₹14 L/yr

Area Manager Salary

(4 salaries)

₹12 L/yr - ₹14 L/yr

Territory Sales Manager Salary

(AmbitionBox Estimate)

₹13.5 L/yr - ₹17.3 L/yr

Sales Coordinator Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹3 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Salary related reviews for Aegon Life Insurance

3.0

Rated by 42 employees for salary & benefits

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.

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

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Aegon Life Insurance Relationship Manager Salary FAQs

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

Relationship Manager salary at Aegon Life Insurance in India ranges between ₹2.5 Lakhs to ₹4.3 Lakhs for less than 1 year of experience to 7 years. According to our estimates it is 32% less than the average Relationship Manager Salary in India. Salary estimates are based on 154 latest salaries received from various employees of Aegon Life Insurance India.

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

The average salary of a Relationship Manager at Aegon Life Insurance is 32% less than the average salary of a Relationship Manager in India. To know exact salary insights, login to view.

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

Allianz Partners Relationship Manager Salary - ₹3.9 Lakhs to ₹6.5 Lakhs per year
Aditya Birla Health Insurance Co Relationship Manager Salary - ₹2.1 Lakhs to ₹8.5 Lakhs per year
Max Life Insurance Relationship Manager Salary - ₹1.1 Lakhs to ₹7.0 Lakhs per year
ICICI Prudential Life Insurance Relationship Manager Salary - ₹1.9 Lakhs to ₹7.4 Lakhs per year
Royal Sundaram General Insurance Relationship Manager Salary - ₹3.0 Lakhs to ₹5.5 Lakhs per year

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

Digit Insurance Relationship Manager Salary - ₹2.4 Lakhs to ₹6.0 Lakhs per year
SBI Life Insurance Company Relationship Manager Salary - ₹2.5 Lakhs to ₹6.5 Lakhs per year
Cholamandalam MS General Insurance Relationship Manager Salary - ₹2.1 Lakhs to ₹6.0 Lakhs per year
Ageas Federal Life Insurance Relationship Manager Salary - ₹2.2 Lakhs to ₹5.5 Lakhs per year
Tata AIA Life Insurance Relationship Manager Salary - ₹2.0 Lakhs to ₹5.6 Lakhs per year

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

The estimated take-home salary of a Relationship Manager at Aegon Life Insurance ranges between ₹25,107 per month to ₹26,544 per month in India. The take-home salary calculation is based on the average Aegon Life Insurance Relationship Manager salary in India which ranges between ₹2.5 Lakhs to ₹4.3 Lakhs per year for employees with less than 1 year of experience to 7 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 62% of the Aegon Life Insurance Relationship Managers reported a notice period of 15 days or less, 30% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 13 responses on AmbitionBox in last 2 years.

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Aegon Life Insurance Relationship Manager Salaries

Aegon Life Insurance Relationship Manager salary in India ranges between ₹2.5 Lakhs to ₹4.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 154 Aegon Life Insurance latest salaries received from various employees of Aegon Life Insurance.