Aegon Life Insurance Senior Manager Salaries by 40+ Employees (Updated 2025)

4 - 16 years exp.

₹7 Lakhs - ₹23 Lakhs

Salary of majority employees

40% less than the average Senior Manager Salary in Insurance Companies for 4 - 16 years of experience

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Salaries in different departments

Finance & Accounting Senior Manager Salary 4 - 16 years exp. (15 salaries)	₹7.5 L/yr - ₹19 L/yr
BFSI, Investments & Trading Senior Manager Salary 9 - 13 years exp. (5 salaries)	₹7 L/yr - ₹18.5 L/yr
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Product Management Senior Manager Salary 6 - 12 years exp. (4 salaries)	₹9 L/yr - ₹22.8 L/yr
Legal & Regulatory Senior Manager Salary 8 - 16 years exp. (4 salaries)	₹11.6 L/yr - ₹16 L/yr
Sales & Business Development Senior Manager Salary 5 - 10 years exp. (3 salaries)	₹14 L/yr - ₹26 L/yr

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Last Updated: 17 Oct 2024

Companies similar to Aegon Life Insurance for Senior Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Senior Manager Salary 2 - 18 years exp. (576 salaries)	₹9 L/yr - ₹25 L/yr 8% more
ICICI Prudential Life Insurance Senior Manager Salary 0 - 9 years exp. (451 salaries)	₹11 L/yr - ₹27 L/yr 39% more
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SBI Life Insurance Company Senior Manager Salary 5 - 14 years exp. (56 salaries)	₹4 L/yr - ₹17.4 L/yr 23% less
Max Life Insurance Senior Manager Salary 3 - 17 years exp. (336 salaries)	₹7.5 L/yr - ₹30.9 L/yr 34% more	1 job opening
Bajaj Allianz Life Insurance Senior Manager Salary 1 - 10 years exp. (120 salaries)	₹6.2 L/yr - ₹13.7 L/yr 23% less	2 job openings
Reliance Nippon Life Insurance Senior Manager Salary 0 - 17 years exp. (197 salaries)	₹8.1 L/yr - ₹13.7 L/yr 35% less
Kotak Mahindara Life Insurance Senior Manager Salary 0 - 14 years exp. (679 salaries)	₹3.3 L/yr - ₹12.1 L/yr 48% less	3 job openings
Tata AIA Life Insurance Senior Manager Salary 8 - 19 years exp. (224 salaries)	₹10.8 L/yr - ₹40 L/yr 81% more	11 job openings
PNB MetLife Senior Manager Salary 6 - 16 years exp. (100 salaries)	₹4.3 L/yr - ₹18 L/yr 19% less	2 job openings
Aditya Birla Sun Life Insurance Senior Manager Salary 1 - 9 years exp. (88 salaries)	₹4 L/yr - ₹10 L/yr 30% less
Aditya Birla Health Insurance Co Senior Manager Salary 2 - 14 years exp. (141 salaries)	₹3 L/yr - ₹11.7 L/yr 33% less
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MetLife Senior Manager Salary 10 - 18 years exp. (90 salaries)	₹19 L/yr - ₹48.4 L/yr 175% more
IndiaFirst Life Insurance Senior Manager Salary 4 - 17 years exp. (68 salaries)	₹4.8 L/yr - ₹21 L/yr 9% less
Future Generali India Life Insurance Senior Manager Salary 10 - 19 years exp. (62 salaries)	₹9 L/yr - ₹30 L/yr 38% more	1 job opening
Bharti AXA Life Insurance Senior Manager Salary 6 - 17 years exp. (61 salaries)	₹5.7 L/yr - ₹20 L/yr 5% less
Aviva Life Insurance India Senior Manager Salary 9 - 18 years exp. (59 salaries)	₹6 L/yr - ₹24.5 L/yr 14% more
Medi Assist India Senior Manager Salary 10 - 19 years exp. (65 salaries)	₹6.7 L/yr - ₹18.4 L/yr 2% more	3 job openings
Edelweiss Life Insurance Senior Manager Salary 7 - 18 years exp. (46 salaries)	₹3.5 L/yr - ₹8.3 L/yr 37% less
Digit Insurance Senior Manager Salary 5 - 17 years exp. (48 salaries)	₹12 L/yr - ₹34.1 L/yr 61% more
Axa XL Senior Manager Salary 9 - 17 years exp. (44 salaries)	₹20 L/yr - ₹41.3 L/yr 163% more

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Senior Manager salary at Aegon Life Insurance ranges between ₹7 Lakhs to ₹23 Lakhs per year for employees with experience between 4 years to 16 years. Salary estimates are based on 49 latest salaries received from various employees of Aegon Life Insurance.

Experience wise Aegon Life Insurance Senior Manager salaries

Last Updated: 17 Oct 2024

Experience	Avg Annual Salary
4 years (3 salaries)	₹10.3 L/yr - ₹17 L/yr
5 years (3 salaries)	₹11.6 L/yr - ₹17.9 L/yr
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6 years (5 salaries)	₹9 L/yr - ₹16 L/yr
7 years (6 salaries)	₹8.5 L/yr - ₹24 L/yr
8 years (5 salaries)	₹5.3 L/yr - ₹23 L/yr
9 years (6 salaries)	₹11.6 L/yr - ₹23.6 L/yr
10 years (5 salaries)	₹7.5 L/yr - ₹23.4 L/yr
11 years (5 salaries)	₹8.5 L/yr - ₹22.8 L/yr
12 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹22.8 L/yr
13 years (5 salaries)	₹7 L/yr - ₹19 L/yr
14 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹22.4 L/yr
15+ years (3 salaries)	₹11.5 L/yr - ₹22.1 L/yr

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Similar Designation salaries in Aegon Life Insurance

Regional Manager Salary

(6 salaries)

₹10.8 L/yr - ₹25.35 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

Senior Sales Manager Salary

(3 salaries)

₹4.08 L/yr - ₹5.5 L/yr

Branch Manager Salary

(5 salaries)

₹5.1 L/yr - ₹13.19 L/yr

Area Manager Salary

(4 salaries)

₹12 L/yr - ₹14 L/yr

Business Manager Salary

(6 salaries)

₹2.1 L/yr - ₹3.5 L/yr

Area Sales Manager Salary

(4 salaries)

₹3.7 L/yr - ₹14 L/yr

Relationship Manager Salary

(154 salaries)

₹2.5 L/yr - ₹4.3 L/yr

Top skills at Aegon Life Insurance for Senior Manager

Auditing Risk Assessment Project Management Root Cause Analysis Internal Audit

Salary related reviews for Aegon Life Insurance

3.3

Rated by 12 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 Senior Manager Salary FAQs

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

Senior Manager salary at Aegon Life Insurance in India ranges between ₹7.0 Lakhs to ₹23.0 Lakhs for experience between 4 years to 16 years. According to our estimates it is 40% less than the average Senior Manager Salary in India. Salary estimates are based on 49 latest salaries received from various employees of Aegon Life Insurance India.

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

The average salary of a Senior Manager at Aegon Life Insurance is 40% less than the average salary of a Senior Manager in India. To know exact salary insights, login to view.

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

Auditing, Risk Assessment, Project Management, Root Cause Analysis and Internal Audit are some of the popular skills required to work as a Senior Manager at Aegon Life Insurance India.

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

Principal Global Services Senior Manager Salary - ₹32.0 Lakhs to ₹50.0 Lakhs per year
MetLife Senior Manager Salary - ₹19.0 Lakhs to ₹48.4 Lakhs per year
Axa XL Senior Manager Salary - ₹20.0 Lakhs to ₹41.3 Lakhs per year
AXA Business Services Senior Manager Salary - ₹24.0 Lakhs to ₹39.0 Lakhs per year
Swiss Re Senior Manager Salary - ₹10.3 Lakhs to ₹45.0 Lakhs per year

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

Allianz Services Senior Manager Salary - ₹22.0 Lakhs to ₹26.0 Lakhs per year
Tata AIA Life Insurance Senior Manager Salary - ₹10.8 Lakhs to ₹40.0 Lakhs per year
Digit Insurance Senior Manager Salary - ₹12.0 Lakhs to ₹34.1 Lakhs per year
Allianz Partners Senior Manager Salary - ₹10.8 Lakhs to ₹27.0 Lakhs per year
ICICI Prudential Life Insurance Senior Manager Salary - ₹11.0 Lakhs to ₹27.0 Lakhs per year

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

The estimated take-home salary of a Senior Manager at Aegon Life Insurance ranges between ₹91,685 per month to ₹94,138 per month in India. The take-home salary calculation is based on the average Aegon Life Insurance Senior Manager salary in India which ranges between ₹7.0 Lakhs to ₹23.0 Lakhs per year for employees with experience between 4 years to 16 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 67% of the Aegon Life Insurance Senior Managers reported a notice period of 2 Months, 22% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 9 responses on AmbitionBox in last 2 years.

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Aegon Life Insurance Senior Manager Salaries

Aegon Life Insurance Senior Manager salary in India ranges between ₹7 Lakhs to ₹23 Lakhs with an average annual salary of ₹. Salary estimates are based on 49 Aegon Life Insurance latest salaries received from various employees of Aegon Life Insurance.