Aegon Religare Life Insurance Relationship Manager Salaries by 10+ Employees

0 - 4 years exp.

₹2.2 Lakhs - ₹3.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

40% less than the average Relationship Manager Salary in Insurance Companies for 0 - 4 years of experience

Interested in this particular role?

Salaries in different departments

Marketing & Communication Relationship Manager Salary 0 - 3 years exp. (3 salaries)	₹2.4 L/yr - ₹3.8 L/yr
Customer Success, Service & Operations Relationship Manager Salary 1 - 4 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹3 L/yr
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Human Resources Relationship Manager Salary 0 - 4 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
Sales & Business Development Relationship Manager Salary 2 - 4 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹3.6 L/yr
BFSI, Investments & Trading Relationship Manager Salary 2 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.1 L/yr

View all

Last Updated: 17 Mar 2023

Companies similar to Aegon Religare Life Insurance for Relationship Manager

Company name	Avg Annual Salary	Open Jobs
Edelweiss Life Insurance Relationship Manager Salary 1 - 7 years exp. (290 salaries)	₹2 L/yr - ₹6 L/yr 25% more	21 job openings
Universal Sompo General Insurance Relationship Manager Salary 0 - 12 years exp. (259 salaries)	₹2 L/yr - ₹6.5 L/yr 40% more	8 job openings
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Future Generali India Life Insurance Relationship Manager Salary 0 - 6 years exp. (215 salaries)	₹2 L/yr - ₹5 L/yr 2% more	49 job openings
Bharti AXA Life Insurance Relationship Manager Salary 1 - 9 years exp. (206 salaries)	₹2.3 L/yr - ₹5.4 L/yr 33% more	1 job opening
Ageas Federal Life Insurance Relationship Manager Salary 0 - 9 years exp. (198 salaries)	₹2.4 L/yr - ₹5.4 L/yr 28% more	5 job openings
Aditya Birla Health Insurance Co Relationship Manager Salary 0 - 7 years exp. (184 salaries)	₹2.1 L/yr - ₹8.5 L/yr 70% more
Aviva Life Insurance India Relationship Manager Salary 0 - 8 years exp. (179 salaries)	₹2.2 L/yr - ₹4.5 L/yr 26% more
Aegon Life Insurance Relationship Manager Salary 0 - 7 years exp. (147 salaries)	₹2.5 L/yr - ₹4.3 L/yr 13% more
Magma HDI General Insurance Relationship Manager Salary 0 - 12 years exp. (146 salaries)	₹3.5 L/yr - ₹7.6 L/yr 76% more	1 job opening
Liberty General Insurance Relationship Manager Salary 1 - 13 years exp. (141 salaries)	₹3.5 L/yr - ₹7.2 L/yr 86% more	2 job openings

View all

Relationship Manager salary at Aegon Religare Life Insurance ranges between ₹2.2 Lakhs to ₹3.8 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 12 latest salaries received from various employees of Aegon Religare Life Insurance.

Latest annual salaries shared by Aegon Religare Life Insurance Relationship Manager

1y ago

₹2.6 Lakhs

4 years exp.

1y ago

₹2.4 Lakhs

2 years exp.

1y ago

₹3.5 Lakhs

1 year exp.

1y ago

₹2.2 Lakhs

4 years exp.

1y ago

₹2.6 Lakhs

4 years exp.

1y ago

3 years exp.

1y ago

3 months exp.

1y ago

2 years exp.

1y ago

1 year exp.

1y ago

2 years exp.

Experience wise Aegon Religare Life Insurance Relationship Manager salaries

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
1 year (3 salaries)	₹3 L/yr - ₹3.5 L/yr
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2 years (3 salaries)	₹2.4 L/yr - ₹3.6 L/yr
3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
4 years (3 salaries)	₹2.2 L/yr - ₹5.3 L/yr

From

Relationship Manager

₹

Lakhs/yr

0 - 4 years exp.

Portfolio Manager

₹

Lakhs/yr

5 - 10 years exp.

Relationship Manager 0 - 4 years exp.

Senior Relationship Manager 2 - 4 years exp.

34% hike

Portfolio Manager 5 - 10 years exp.

18% hike

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

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(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Sales Manager Salary

(4 salaries)

₹4.8 L/yr - ₹5.25 L/yr

Area Manager Salary

(3 salaries)

₹10 L/yr - ₹20 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹0.9 L/yr - ₹1.2 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

MIS Executive Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Business Development Manager Salary

(5 salaries)

₹3.3 L/yr - ₹6.5 L/yr

Salary related reviews for Aegon Religare Life Insurance

2.7

Rated by 8 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

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.

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 .

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.

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.

Salary - Good

+3 more

Dislikes

Work pressure is very high .

see more salary related reviews

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Aegon Religare Life Insurance Relationship Manager Salary FAQs

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

The average salary of a Relationship Manager at Aegon Religare Life Insurance in India typically ranges from ₹2.2 Lakhs to ₹3.8 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Relationship Manager at Aegon Religare Life Insurance earn more than ₹3.7 Lakhs per year, and the top 1% earn over ₹3.8 Lakhs per year. Relationship 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 10+ Aegon Religare Life Insurance employees in India.

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

The estimated take-home salary of a Relationship Manager at Aegon Religare Life Insurance in India typically ranges from ₹21,579 to ₹23,069 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹3.8 Lakhs per year for employees with experience ranging from Fresher to 4 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 10+ 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 Relationship Manager in India?

Marsh	₹13.1 Lakhs to ₹17.0 Lakhs per year
Allianz Partners	₹3.9 Lakhs to ₹6.5 Lakhs per year
Liberty General Insurance	₹3.5 Lakhs to ₹7.2 Lakhs per year
Magma HDI General Insurance	₹3.5 Lakhs to ₹7.6 Lakhs per year
Aditya Birla Health Insurance Co	₹2.1 Lakhs to ₹8.5 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 Relationship Manager in companies similar to Aegon Religare Life Insurance in India?

The salary of a Relationship 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:

Universal Sompo General Insurance	₹2.0 Lakhs to ₹6.5 Lakhs per year
Royal Sundaram General Insurance	₹3.0 Lakhs to ₹5.2 Lakhs per year
Bharti AXA Life Insurance	₹2.3 Lakhs to ₹5.4 Lakhs per year
Cholamandalam MS General Insurance	₹2.1 Lakhs to ₹6.0 Lakhs per year
Ageas Federal Life Insurance	₹2.4 Lakhs to ₹5.4 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 Relationship Manager at Aegon Religare Life Insurance in India?

The salary growth for a Relationship Manager at Aegon Religare Life Insurance depends on factors such as experience, performance, and promotions. On average, a Relationship Manager can expect the following growth trajectory at Aegon Religare Life Insurance:

Experience	Average Salary Range
Fresher	₹2.8 Lakhs to ₹3.5 Lakhs per year
1 year	₹3.0 Lakhs to ₹3.5 Lakhs per year
2 years	₹2.4 Lakhs to ₹3.6 Lakhs per year
3 years	₹2.7 Lakhs to ₹3.4 Lakhs per year

and so on.

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Aegon Religare Life Insurance Relationship Manager Salaries

Aegon Religare Life Insurance Relationship Manager salary in India ranges between ₹2.2 Lakhs to ₹3.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Aegon Religare Life Insurance latest salaries received from various employees of Aegon Religare Life Insurance.