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Aegon Religare Life Insurance

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2.8

based on 32 Reviews

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Aegon Religare Life Insurance Business Manager salaries in India

Annual salary range
1 - 17 years exp.
₹2 Lakhs - ₹4.3 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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70% less than the average Business Manager Salary in Insurance Companies for 1 - 17 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Business Manager Salary
1 - 15 years exp. (4 salaries)
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₹2 L/yr - ₹4.2 L/yr

Sales & Business Development
Business Manager Salary
17 years exp. (AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.7 L/yr

Last Updated: 28 May 2023

Companies similar to Aegon Religare Life Insurance for Business Manager

Company name Avg Annual Salary Open Jobs
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Bharti AXA Life Insurance Business Manager Salary

1 - 12 years exp. (204 salaries)
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₹2.2 L/yr - ₹5 L/yr

arrow icon 10% less
 1 job opening
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Edelweiss Life Insurance Business Manager Salary

0 - 16 years exp. (34 salaries)
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₹3 L/yr - ₹8.5 L/yr

arrow icon 56% more
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IndiaFirst Life Insurance Business Manager Salary

3 - 13 years exp. (23 salaries)
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₹3 L/yr - ₹6.3 L/yr

arrow icon 41% more
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Cholamandalam MS General Insurance Business Manager Salary

3 - 15 years exp. (17 salaries)
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₹4 L/yr - ₹6.5 L/yr

arrow icon 68% more
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Future Generali India Life Insurance Business Manager Salary

1 - 16 years exp. (7 salaries)
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₹3.8 L/yr - ₹6.5 L/yr

arrow icon 59% more
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Aegon Life Insurance Business Manager Salary

5 - 9 years exp. (6 salaries)
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₹2.1 L/yr - ₹3.5 L/yr

arrow icon 15% less
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ManipalCigna Health Insurance Business Manager Salary

4 - 8 years exp. (5 salaries)
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₹3 L/yr - ₹3.9 L/yr

arrow icon 1% less
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Shriram General Insurance Business Manager Salary

6 - 18 years exp. (4 salaries)
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₹3.5 L/yr - ₹9.4 L/yr

arrow icon 50% more
Business Manager salary at Aegon Religare Life Insurance ranges between ₹2 Lakhs to ₹4.3 Lakhs per year for employees with experience between 1 year to 17 years. Salary estimates are based on 6 latest salaries received from various employees of Aegon Religare Life Insurance.

Latest annual salaries shared by Aegon Religare Life Insurance Business Manager

1y ago
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2 years exp.
1y ago
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3 years exp.
1y ago
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17 years exp.
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15 years exp.
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17 years exp.
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Experience wise Aegon Religare Life Insurance Business Manager salaries

Last Updated: 28 May 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.4 L/yr - ₹3.1 L/yr
2 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.2 L/yr
3 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹3.3 L/yr
4 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹3.4 L/yr
5 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr
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Aegon Religare Life Insurance Business Manager Salary and Career Growth

From

To

Business Manager

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1 - 17 years exp.

Senior Business Manager

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4 - 8 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Aegon Religare Life Insurance

Branch Manager Salary
(AmbitionBox Estimate)
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₹6.3 L/yr - ₹8 L/yr
Sales Manager Salary
(4 salaries)
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₹4.8 L/yr - ₹5.25 L/yr
Regional Manager Salary
(AmbitionBox Estimate)
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₹17.1 L/yr - ₹21.8 L/yr
Area Manager Salary
(3 salaries)
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₹10 L/yr - ₹20 L/yr
Relationship Manager Salary
(12 salaries)
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₹2.2 L/yr - ₹3.8 L/yr
Assistant Sales Manager Salary
(AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr
Sales Officer Salary
(AmbitionBox Estimate)
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₹0.9 L/yr - ₹1.2 L/yr
Business Development Manager Salary
(5 salaries)
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₹3.3 L/yr - ₹6.5 L/yr
Sales Executive Salary
(AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.6 L/yr
Senior Business Development Manager Salary
(AmbitionBox Estimate)
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₹5.1 L/yr - ₹6.6 L/yr

Salary related reviews for Aegon Religare Life Insurance

4.0

Rated by 1 employees for salary & benefits

Senior Relationship Manager in Pune

Direct sales Department

4.0
  •  posted on 07 Apr 2020
3.0
 for  Salary and Benefits

Likes

Nothing special to like

  • Skill development - Excellent
    • +5 more

Dislikes

...ny since 1.5 years after achieving all the golas still am waiting for appraisal. Company hires mostly freshers on hight package salary if your looking for good package can apply this company

read more

Customer Service Executive in Amravati

Customer Success, Service & Operations Department

4.0
  •  posted on 11 Sep 2018
5.0
 for  Salary and Benefits

Likes

I am enjoying to work in aegon life insurance company because in this company the staff and the senior management are very good and helpful that's make the difference as compare to other company. I also like to join again this company if company hire me.

read more
  • Salary - Excellent
    • +5 more

Dislikes

I am disappoint with the company when company has to take a decision to close the all agency challen branches including where I have to work also. I am just join before 6 month in the company after resigning my previous job . After that company decision I am struggling to find a new job .

read more
  • Job security - Poor

Zonal Sales Manager in Kolkata

Finance Department

5.0
  •  posted on 31 Jul 2018
5.0
 for  Salary and Benefits

Likes

Company is good.

  • Salary - Excellent
    • +6 more

Dislikes

Competition is decent, but growth is slow. The work is very high. Some time I have to work 14 - 16 hours. Company is good. But, Company is loss & channel is closed all over pan India. All over pan India Employees are resigned.

read more

Senior Business Sales Manager in Bhilai Nagar

Food, Beverage & Hospitality Department

5.0
  •  posted on 11 Nov 2017
4.0
 for  Salary and Benefits

Likes

Process oriented, good incentive structure, training and knowledge equipments provided,family atmospher, excellent R&R , nice place to work as both Employee and Advisor oriented organization.

read more
  • Salary - Good
    • +3 more

Dislikes

Work pressure is very high .

see more salary related reviews

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Aegon Religare Life Insurance Business Manager Salary FAQs

What is the salary of Business Manager at Aegon Religare Life Insurance ?
The average salary of a Business Manager at Aegon Religare Life Insurance in India typically ranges from ₹2.0 Lakhs to ₹4.3 Lakhs per year, depending on experience (from 1 year to 17 years).

The top 10% of Business Manager at Aegon Religare Life Insurance earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹4.3 Lakhs per year. Business Manager Salaries at Aegon Religare Life Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 6 Aegon Religare Life Insurance employees in India.
What is the estimated take home salary of a Business Manager at Aegon Religare Life Insurance in India?
The estimated take-home salary of a Business Manager at Aegon Religare Life Insurance in India typically ranges from ₹24,111 to ₹25,563 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹4.3 Lakhs per year for employees with experience ranging from 1 year to 17 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 6 salaries received from various employees of Aegon Religare Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Aegon Religare Life Insurance for Business Manager in India?
Cholamandalam MS General Insurance ₹4.0 Lakhs to ₹6.5 Lakhs per year
Future Generali India Life Insurance ₹3.8 Lakhs to ₹6.5 Lakhs per year
Edelweiss Life Insurance ₹3.0 Lakhs to ₹8.5 Lakhs per year
Shriram General Insurance ₹3.5 Lakhs to ₹9.4 Lakhs per year
IndiaFirst Life Insurance ₹3.0 Lakhs to ₹6.3 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Aegon Religare Life Insurance, depending on the role and experience level.
What is the salary of a Business Manager in companies similar to Aegon Religare Life Insurance in India?
The salary of a Business Manager at companies similar to Aegon Religare Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ManipalCigna Health Insurance ₹3.0 Lakhs to ₹3.9 Lakhs per year
Bharti AXA Life Insurance ₹2.2 Lakhs to ₹5.0 Lakhs per year
Aegon Life Insurance ₹2.1 Lakhs to ₹3.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Business Manager at Aegon Religare Life Insurance in India?
The salary growth for a Business Manager at Aegon Religare Life Insurance depends on factors such as experience, performance, and promotions. On average, a Business Manager can expect the following growth trajectory at Aegon Religare Life Insurance:

Experience Average Salary Range
1 year ₹2.4 Lakhs to ₹3.1 Lakhs per year
2 years ₹2.5 Lakhs to ₹3.2 Lakhs per year
3 years ₹2.6 Lakhs to ₹3.3 Lakhs per year
4 years ₹2.6 Lakhs to ₹3.4 Lakhs per year
and so on.

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Aegon Religare Life Insurance Business Manager Salaries by Location

Aegon Religare Life Insurance Business Manager salary in India ranges between ₹2 Lakhs to ₹4.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Aegon Religare Life Insurance latest salaries received from various employees of Aegon Religare Life Insurance.