Aegon Life Insurance Mumbai Sales Manager Salaries by 3 Employees (Updated 2025)

6 - 9 years exp.

₹3.9 Lakhs - ₹6 Lakhs

Low Confidence

Salary of majority employees

29% less than the average Sales Manager Salary in Insurance Companies for 6 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Sales Manager Salary 6 years exp. (AmbitionBox Estimate)	₹3.9 L/yr - ₹5.1 L/yr
Marketing & Communication Sales Manager Salary 9 years exp. (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
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Sales & Business Development Sales Manager Salary 6 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5 L/yr

Last Updated: 18 Dec 2024

Companies similar to Aegon Life Insurance for Sales Manager in Mumbai

Aegon Life Insurance Sales Manager Salary

6 - 9 years exp. (3 salaries)

₹3.9 L/yr - ₹6 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Sales Manager Salary 0 - 10 years exp. (91 salaries)	₹2.2 L/yr - ₹7.5 L/yr 2% more	4 job openings
ICICI Prudential Life Insurance Sales Manager Salary 0 - 9 years exp. (114 salaries)	₹3 L/yr - ₹10 L/yr 42% more	12 job openings
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SBI Life Insurance Company Sales Manager Salary 2 - 10 years exp. (3 salaries)	₹3.5 L/yr - ₹5.6 L/yr 18% less
Max Life Insurance Sales Manager Salary 0 - 11 years exp. (72 salaries)	₹2.3 L/yr - ₹6 L/yr 9% less	4 job openings
Bajaj Allianz Life Insurance Sales Manager Salary 0 - 8 years exp. (19 salaries)	₹2.4 L/yr - ₹7 L/yr 26% less	9 job openings
Reliance Nippon Life Insurance Sales Manager Salary 0 - 10 years exp. (24 salaries)	₹1.5 L/yr - ₹6 L/yr 27% less
Kotak Mahindara Life Insurance Sales Manager Salary 0 - 10 years exp. (72 salaries)	₹2.6 L/yr - ₹5.5 L/yr 8% less	7 job openings
Tata AIA Life Insurance Sales Manager Salary 4 - 10 years exp. (21 salaries)	₹3.5 L/yr - ₹7.9 L/yr 24% more	19 job openings
PNB MetLife Sales Manager Salary 1 - 9 years exp. (4 salaries)	₹3 L/yr - ₹4 L/yr 26% less	104 job openings
Aditya Birla Sun Life Insurance Sales Manager Salary 1 - 10 years exp. (41 salaries)	₹2.5 L/yr - ₹9.5 L/yr 33% more
Aditya Birla Health Insurance Co Sales Manager Salary 0 - 7 years exp. (67 salaries)	₹2.7 L/yr - ₹5.1 L/yr 13% less
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Future Generali India Life Insurance Sales Manager Salary 0 - 9 years exp. (22 salaries)	₹2.2 L/yr - ₹4.8 L/yr 23% less	40 job openings
Bharti AXA Life Insurance Sales Manager Salary 2 - 9 years exp. (12 salaries)	₹2.3 L/yr - ₹7 L/yr 8% less
Cholamandalam MS General Insurance Sales Manager Salary 4 - 10 years exp. (5 salaries)	₹4.3 L/yr - ₹6.5 L/yr 11% more
Aviva Life Insurance India Sales Manager Salary 2 - 5 years exp. (3 salaries)	₹3 L/yr - ₹4.5 L/yr 19% less
Edelweiss Life Insurance Sales Manager Salary 4 - 10 years exp. (3 salaries)	₹3.2 L/yr - ₹4 L/yr 20% less

Sales Manager salary at Aegon Life Insurance ranges between ₹3.9 Lakhs to ₹6 Lakhs per year for employees with experience between 6 years to 9 years. Salary estimates are based on 3 latest salaries received from various employees of Aegon Life Insurance.

Experience wise Aegon Life Insurance Sales Manager salaries in Mumbai

Last Updated: 18 Dec 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
7 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
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8 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
9 years (AmbitionBox Estimate)	₹2 L/yr - ₹6 L/yr

Similar Designation salaries in Aegon Life Insurance

Relationship Manager Salary

(37 salaries)

₹2.7 L/yr - ₹4.3 L/yr

National Account Manager Salary

(3 salaries)

₹16.2 L/yr - ₹20.7 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.

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

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.

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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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Aegon Life Insurance Sales Manager Salary FAQs

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

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

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Aegon Life Insurance Sales Manager Salaries in Mumbai

Aegon Life Insurance Sales Manager salary in Mumbai ranges between ₹3.9 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Aegon Life Insurance latest salaries received from various employees of Aegon Life Insurance.