Aegon Life Insurance Sales Manager Salaries by 10+ Employees (Updated 2024)

3 - 9 years exp.

₹3.5 Lakhs - ₹6 Lakhs

Salary of majority employees

37% less than the average Sales Manager Salary in Insurance Companies for 3 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Sales Manager Salary 4 - 9 years exp. (6 salaries)	₹3.5 L/yr - ₹5 L/yr
Marketing & Communication Sales Manager Salary 3 - 9 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹6 L/yr
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Sales & Business Development Sales Manager Salary 6 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr

Last Updated: 18 Dec 2024

Companies similar to Aegon Life Insurance for Sales Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Sales Manager Salary 0 - 11 years exp. (704 salaries)	₹1.6 L/yr - ₹7.5 L/yr 6% more	1 job opening
ICICI Prudential Life Insurance Sales Manager Salary 0 - 12 years exp. (991 salaries)	₹2.4 L/yr - ₹11 L/yr 55% more
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SBI Life Insurance Company Sales Manager Salary 0 - 10 years exp. (82 salaries)	₹1.2 L/yr - ₹5.6 L/yr 20% less
Max Life Insurance Sales Manager Salary 0 - 12 years exp. (596 salaries)	₹2.3 L/yr - ₹6.1 L/yr 3% more	3 job openings
Bajaj Allianz Life Insurance Sales Manager Salary 0 - 8 years exp. (207 salaries)	₹1.6 L/yr - ₹7 L/yr 23% less	1 job opening
Reliance Nippon Life Insurance Sales Manager Salary 0 - 9 years exp. (245 salaries)	₹1.2 L/yr - ₹5 L/yr 29% less
Kotak Mahindara Life Insurance Sales Manager Salary 0 - 10 years exp. (526 salaries)	₹1.7 L/yr - ₹6 L/yr At par	9 job openings
Tata AIA Life Insurance Sales Manager Salary 3 - 11 years exp. (189 salaries)	₹2.4 L/yr - ₹9.8 L/yr 24% more	3 job openings
PNB MetLife Sales Manager Salary 1 - 10 years exp. (161 salaries)	₹1.8 L/yr - ₹7 L/yr 19% less
Aditya Birla Sun Life Insurance Sales Manager Salary 1 - 10 years exp. (216 salaries)	₹2.2 L/yr - ₹10 L/yr 43% more
Aditya Birla Health Insurance Co Sales Manager Salary 0 - 8 years exp. (443 salaries)	₹2.6 L/yr - ₹5.1 L/yr 9% less
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Future Generali India Life Insurance Sales Manager Salary 0 - 10 years exp. (401 salaries)	₹2 L/yr - ₹6 L/yr 15% less	15 job openings
Cholamandalam MS General Insurance Sales Manager Salary 1 - 13 years exp. (204 salaries)	₹2.1 L/yr - ₹6.1 L/yr At par
Aviva Life Insurance India Sales Manager Salary 1 - 12 years exp. (133 salaries)	₹1.9 L/yr - ₹5.5 L/yr 10% less
Bharti AXA Life Insurance Sales Manager Salary 1 - 12 years exp. (131 salaries)	₹2.1 L/yr - ₹7.4 L/yr 4% less	1 job opening
Edelweiss Tokio Life Insurance Sales Manager Salary 3 - 10 years exp. (44 salaries)	₹2.5 L/yr - ₹5.5 L/yr 15% less
Ageas Federal Life Insurance Sales Manager Salary 1 - 14 years exp. (34 salaries)	₹2.9 L/yr - ₹9.3 L/yr 13% more
MetLife Sales Manager Salary 1 - 7 years exp. (22 salaries)	₹1.8 L/yr - ₹4 L/yr 27% less
IndiaFirst Life Insurance Sales Manager Salary 2 - 8 years exp. (22 salaries)	₹2.4 L/yr - ₹6.1 L/yr 12% less
Royal Sundaram General Insurance Sales Manager Salary 2 - 10 years exp. (14 salaries)	₹3 L/yr - ₹7.2 L/yr 8% less

View all

Sales Manager salary at Aegon Life Insurance ranges between ₹3.5 Lakhs to ₹6 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 12 latest salaries received from various employees of Aegon Life Insurance.

Experience wise Aegon Life Insurance Sales Manager salaries

Last Updated: 18 Dec 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹7.3 L/yr
4 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹7.4 L/yr
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5 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹4.8 L/yr
6 years (4 salaries)	₹3.9 L/yr - ₹5 L/yr
7 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
8 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹8.1 L/yr
9 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹6 L/yr

View all

Similar Designation salaries in Aegon Life Insurance

Area Manager Salary

(4 salaries)

₹12 L/yr - ₹14 L/yr

Branch Manager Salary

(5 salaries)

₹5.1 L/yr - ₹13.19 L/yr

Area Sales Manager Salary

(4 salaries)

₹3.7 L/yr - ₹14 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Business Manager Salary

(6 salaries)

₹2.1 L/yr - ₹3.5 L/yr

Senior Sales Manager Salary

(3 salaries)

₹4.08 L/yr - ₹5.5 L/yr

Regional Manager Salary

(6 salaries)

₹10.8 L/yr - ₹25.35 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Territory Manager Salary

(4 salaries)

₹8.25 L/yr - ₹9.75 L/yr

Territory Sales Manager Salary

(AmbitionBox Estimate)

₹13.5 L/yr - ₹17.3 L/yr

Salary related reviews for Aegon Life Insurance

Rated by 1 employees for salary & benefits

Regional Manager in Kolkata

BFSI, Investments & Trading Department

1.0

• posted on 25 Oct 2021

4.0

for Salary and Benefits

Likes

Nothing 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

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.

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

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.

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.

Dislikes

Nothing to dislike in the company or its culture.

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.

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.

see more salary related reviews

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a technical project manager

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Aegon Life Insurance Sales Manager Salary FAQs

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

Sales Manager salary at Aegon Life Insurance in India ranges between ₹3.5 Lakhs to ₹6.0 Lakhs for experience between 3 years to 9 years. According to our estimates it is 37% less than the average Sales Manager Salary in India. Salary estimates are based on 12 latest salaries received from various employees of Aegon Life Insurance India.

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

The average salary of a Sales Manager at Aegon Life Insurance is 37% less than the average salary of a Sales Manager in India. To know exact salary insights, login to view.

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

Allianz Partners Sales Manager Salary - ₹15.0 Lakhs to ₹18.5 Lakhs per year
Medi Assist India Sales Manager Salary - ₹1.9 Lakhs to ₹14.2 Lakhs per year
ICICI Prudential Life Insurance Sales Manager Salary - ₹2.4 Lakhs to ₹11.0 Lakhs per year
Digit Insurance Sales Manager Salary - ₹2.9 Lakhs to ₹10.8 Lakhs per year
Aditya Birla Sun Life Insurance Sales Manager Salary - ₹2.2 Lakhs to ₹10.0 Lakhs per year

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

Tata AIA Life Insurance Sales Manager Salary - ₹2.4 Lakhs to ₹9.8 Lakhs per year
Ageas Federal Life Insurance Sales Manager Salary - ₹2.9 Lakhs to ₹9.3 Lakhs per year
HDFC Life Sales Manager Salary - ₹1.6 Lakhs to ₹7.5 Lakhs per year
Max Life Insurance Sales Manager Salary - ₹2.3 Lakhs to ₹6.1 Lakhs per year
Cholamandalam MS General Insurance Sales Manager Salary - ₹2.1 Lakhs to ₹6.1 Lakhs per year

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

The estimated take-home salary of a Sales Manager at Aegon Life Insurance ranges between ₹32,861 per month to ₹34,132 per month in India. The take-home salary calculation is based on the average Aegon Life Insurance Sales Manager salary in India which ranges between ₹3.5 Lakhs to ₹6.0 Lakhs per year for employees with experience between 3 years to 9 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 33% of the Aegon Life Insurance Sales Managers reported a notice period of 15 days or less, 34% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 3 responses on AmbitionBox in last 2 years.

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Aegon Life Insurance Sales Manager Salaries

Aegon Life Insurance Sales Manager salary in India ranges between ₹3.5 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Aegon Life Insurance latest salaries received from various employees of Aegon Life Insurance.