Aegon Life Insurance Mumbai Relationship Manager Salaries by 30+ Employees (Updated 2025)

0 - 7 years exp.

₹2.7 Lakhs - ₹4.3 Lakhs

Salary of majority employees

35% 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 - 4 years exp. (9 salaries)	₹3.1 L/yr - ₹3.5 L/yr
BFSI, Investments & Trading Relationship Manager Salary 2 - 7 years exp. (7 salaries)	₹2.7 L/yr - ₹4 L/yr
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Marketing & Communication Relationship Manager Salary 0 - 4 years exp. (6 salaries)	₹3 L/yr - ₹3.5 L/yr
Customer Success, Service & Operations Relationship Manager Salary 4 - 7 years exp. (5 salaries)	₹2.7 L/yr - ₹3.5 L/yr

Last Updated: 7 Aug 2024

Companies similar to Aegon Life Insurance for Relationship Manager in Mumbai

Aegon Life Insurance Relationship Manager Salary

0 - 7 years exp. (37 salaries)

₹2.7 L/yr - ₹4.3 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Relationship Manager Salary 0 - 6 years exp. (93 salaries)	₹2 L/yr - ₹4.5 L/yr 1% less	4 job openings
ICICI Prudential Life Insurance Relationship Manager Salary 0 - 6 years exp. (47 salaries)	₹2.2 L/yr - ₹8.3 L/yr 32% more
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SBI Life Insurance Company Relationship Manager Salary 2 - 6 years exp. (6 salaries)	₹3.2 L/yr - ₹5 L/yr 20% more
Max Life Insurance Relationship Manager Salary 0 - 8 years exp. (33 salaries)	₹2 L/yr - ₹7 L/yr 37% more	5 job openings
Bajaj Allianz Life Insurance Relationship Manager Salary 0 - 8 years exp. (55 salaries)	₹1.8 L/yr - ₹4.5 L/yr 1% less	9 job openings
Reliance Nippon Life Insurance Relationship Manager Salary 0 - 5 years exp. (8 salaries)	₹2 L/yr - ₹3.6 L/yr 4% less
Kotak Mahindara Life Insurance Relationship Manager Salary 0 - 7 years exp. (27 salaries)	₹2.4 L/yr - ₹4.5 L/yr 5% more	3 job openings
Tata AIA Life Insurance Relationship Manager Salary 0 - 9 years exp. (142 salaries)	₹2 L/yr - ₹5 L/yr 16% more	215 job openings
PNB MetLife Relationship Manager Salary 0 - 9 years exp. (100 salaries)	₹2.4 L/yr - ₹4.5 L/yr 6% more	158 job openings
Aditya Birla Sun Life Insurance Relationship Manager Salary 0 - 7 years exp. (22 salaries)	₹2.2 L/yr - ₹6 L/yr 8% more
Future Generali India Life Insurance Relationship Manager Salary 0 - 7 years exp. (50 salaries)	₹2.2 L/yr - ₹4 L/yr 7% less	53 job openings
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Edelweiss Life Insurance Relationship Manager Salary 2 - 7 years exp. (31 salaries)	₹2.8 L/yr - ₹5.2 L/yr 11% more	4 job openings
Bharti AXA Life Insurance Relationship Manager Salary 1 - 8 years exp. (15 salaries)	₹2.3 L/yr - ₹4.3 L/yr 9% more	4 job openings
Cholamandalam MS General Insurance Relationship Manager Salary 1 - 8 years exp. (14 salaries)	₹2.5 L/yr - ₹4.6 L/yr 16% more
Aviva Life Insurance India Relationship Manager Salary 1 - 7 years exp. (9 salaries)	₹2.8 L/yr - ₹3.8 L/yr 9% more
ManipalCigna Health Insurance Relationship Manager Salary 2 - 7 years exp. (8 salaries)	₹2.8 L/yr - ₹4 L/yr 3% more
Aditya Birla Health Insurance Co Relationship Manager Salary 1 - 5 years exp. (4 salaries)	₹6 L/yr - ₹8.5 L/yr 83% more
Ageas Federal Life Insurance Relationship Manager Salary 2 - 4 years exp. (3 salaries)	₹3.1 L/yr - ₹4.1 L/yr 17% more	3 job openings

Relationship Manager salary at Aegon Life Insurance ranges between ₹2.7 Lakhs to ₹4.3 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 37 latest salaries received from various employees of Aegon Life Insurance.

Experience wise Aegon Life Insurance Relationship Manager salaries in Mumbai

Last Updated: 7 Aug 2024

Experience	Avg Annual Salary
Fresher (4 salaries)	₹3.5 L/yr - ₹4.3 L/yr
1 year (8 salaries)	₹3.1 L/yr - ₹6.3 L/yr
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2 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.5 L/yr
3 years (6 salaries)	₹2.8 L/yr - ₹3.5 L/yr
4 years (7 salaries)	₹3 L/yr - ₹3.5 L/yr
5 years (7 salaries)	₹3.1 L/yr - ₹4 L/yr
6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹6 L/yr
7 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr

View all

Similar Designation salaries in Aegon Life Insurance

Sales Manager Salary

(3 salaries)

₹3.9 L/yr - ₹6 L/yr

Salary related reviews for Aegon Life Insurance

4.4

Rated by 6 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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Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Aegon Life Insurance Relationship Manager Salary FAQs

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

Relationship Manager salary at Aegon Life Insurance in Mumbai ranges between ₹2.7 Lakhs to ₹4.3 Lakhs for less than 1 year of experience to 7 years. According to our estimates it is 35% less than the average Relationship Manager Salary in India. Salary estimates are based on 37 latest salaries received from various employees of Aegon Life Insurance Mumbai.

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

The average salary of a Relationship Manager at Aegon Life Insurance is 35% less than the average salary of a Relationship Manager in Mumbai. To know exact salary insights, login to view.

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

Aditya Birla Health Insurance Co Relationship Manager Salary - ₹6.0 Lakhs to ₹8.5 Lakhs per year
Max Life Insurance Relationship Manager Salary - ₹2.0 Lakhs to ₹7.0 Lakhs per year
ICICI Prudential Life Insurance Relationship Manager Salary - ₹2.2 Lakhs to ₹8.3 Lakhs per year
SBI Life Insurance Company Relationship Manager Salary - ₹3.2 Lakhs to ₹5.0 Lakhs per year
Ageas Federal Life Insurance Relationship Manager Salary - ₹3.1 Lakhs to ₹4.1 Lakhs per year

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

Cholamandalam MS General Insurance Relationship Manager Salary - ₹2.5 Lakhs to ₹4.6 Lakhs per year
Tata AIA Life Insurance Relationship Manager Salary - ₹2.0 Lakhs to ₹5.0 Lakhs per year
Edelweiss Life Insurance Relationship Manager Salary - ₹2.8 Lakhs to ₹5.2 Lakhs per year
Bharti AXA Life Insurance Relationship Manager Salary - ₹2.3 Lakhs to ₹4.3 Lakhs per year
Aviva Life Insurance India Relationship Manager Salary - ₹2.8 Lakhs to ₹3.8 Lakhs per year

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

The estimated take-home salary of a Relationship Manager at Aegon Life Insurance ranges between ₹24,968 per month to ₹26,407 per month in Mumbai. The take-home salary calculation is based on the average Aegon Life Insurance Relationship Manager salary in India which ranges between ₹2.7 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 in Mumbai?

According to AmbitionBox, 100% of the Aegon Life Insurance Relationship Managers in Mumbai reported a notice period of 15 days or less.This is based on 2 responses on AmbitionBox in last 2 years.

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Aegon Life Insurance Relationship Manager Salaries in Mumbai

Aegon Life Insurance Relationship Manager salary in Mumbai ranges between ₹2.7 Lakhs to ₹4.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 37 Aegon Life Insurance latest salaries received from various employees of Aegon Life Insurance.