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Ageas Federal Life Insurance Agency Manager salaries in India

Annual salary range
0 - 6 years exp.
₹1.9 Lakh - ₹5 Lakhs
Salary of majority employees
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18% less than the average Agency Manager Salary in Insurance Companies for 0 - 6 years of experience

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Salaries in different departments

Human Resources
Agency Manager Salary
0 - 2 years exp. (4 salaries)
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₹2 L/yr - ₹3 L/yr

BFSI, Investments & Trading
Agency Manager Salary
0 - 6 years exp. (3 salaries)
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₹1.9 L/yr - ₹3.5 L/yr

Customer Success, Service & Operations
Agency Manager Salary
2 - 4 years exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹4 L/yr

Engineering - Software & QA
Agency Manager Salary
1 year exp. (AmbitionBox Estimate)
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₹2.4 L/yr - ₹3 L/yr

Last Updated: 16 Jan 2024

Companies similar to Ageas Federal Life Insurance for Agency Manager

Company name Avg Annual Salary Open Jobs
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₹2.3 L/yr - ₹4 L/yr

arrow icon 9% more
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₹2.4 L/yr - ₹4.5 L/yr

arrow icon 21% more
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Bharti AXA Life Insurance Agency Manager Salary

0 - 5 years exp. (214 salaries)

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₹1.8 L/yr - ₹4.5 L/yr

arrow icon 10% less
1 job opening
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₹2.5 L/yr - ₹4.6 L/yr

arrow icon 22% more
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CignaTTk Health Insurance Agency Manager Salary

1 - 10 years exp. (30 salaries)

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₹2.8 L/yr - ₹4 L/yr

arrow icon 17% more
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₹2.6 L/yr - ₹4.8 L/yr

arrow icon 34% more
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₹3 L/yr - ₹5.9 L/yr

arrow icon 63% more
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₹4.5 L/yr - ₹7.5 L/yr

arrow icon 101% more
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₹2.5 L/yr - ₹3.1 L/yr

arrow icon 5% less
1 job opening
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₹3 L/yr - ₹6.5 L/yr

arrow icon 65% more
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₹2.4 L/yr - ₹6.7 L/yr

arrow icon 28% more
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₹3.1 L/yr - ₹5.5 L/yr

arrow icon 32% more
Agency Manager salary at Ageas Federal Life Insurance ranges between ₹1.9 Lakh to ₹5 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 16 latest salaries received from various employees of Ageas Federal Life Insurance.

Latest annual salaries shared by Ageas Federal Life Insurance Agency Manager

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Experience wise Ageas Federal Life Insurance Agency Manager salaries

Last Updated: 16 Jan 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.9 L/yr - ₹5.1 L/yr
1 year  (5 salaries)

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₹2 L/yr - ₹4.2 L/yr
2 years  (3 salaries)

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₹2 L/yr - ₹5.3 L/yr
3 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.4 L/yr
4 years  (4 salaries)

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₹2 L/yr - ₹5 L/yr
View all

Similar Designation salaries in Ageas Federal Life Insurance

Branch Manager Salary
(11 salaries)
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₹7 L/yr - ₹12 L/yr
Area Manager Salary
(5 salaries)
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₹16.25 L/yr - ₹21 L/yr
Deputy Manager Salary
(7 salaries)
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₹3.1 L/yr - ₹5.75 L/yr
Regional Manager Salary
(AmbitionBox Estimate)
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₹16.9 L/yr - ₹21.6 L/yr
Sales Manager Salary
(25 salaries)
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₹2.9 L/yr - ₹7.6 L/yr
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₹6.8 L/yr - ₹17.4 L/yr
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₹10.95 L/yr - ₹15 L/yr
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₹8.4 L/yr - ₹17.1 L/yr
Team Lead Salary
(22 salaries)
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₹1.8 L/yr - ₹3.5 L/yr
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₹4.5 L/yr - ₹5 L/yr

Top skills at Ageas Federal Life Insurance for Agency Manager

Life Insurance agency Agency Management Recruitment Development Management Agency Channel

Salary related reviews for Ageas Federal Life Insurance

4.9

Rated by 3 employees for salary & benefits

Full Time

 · 

Finance & Accounting Department

5.0
  •  posted on 09 Jun 2023

5.0
 for  Salary and Benefits

Likes

No Dress code work life balance Hybrid (presently) Salary and bonus attractive yearly bonus is amazim

read more
  • Salary - Excellent
  • +6 more

Dislikes

9 hours complusory sitting and bimoetric some departments are not at all good Cafeteria will make you starve for good food

read more

BFSI, Investments & Trading Department

1.0
  •  posted on 17 Apr 2021

3.0
 for  Salary and Benefits

Likes

...n Raipur pls don't join this organisation . Earlier 3 bm has also fired by them. They promise something while hire also pay good but once you start they don't give manpower not even sales manager. Dam this company has no idea to run variable agency..only depend on the banca. Don't know how they got best work place tag in India. Joining this organisation is a suicide with career....rest is own choice. Thanks.

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Dislikes

No

  • Skill development - Bad
  • +5 more

Sales & Business Development Department

4.0
  •  posted on 01 Mar 2021

4.0
 for  Salary and Benefits

Likes

Flexibility to work. Space to workout your ideas. Performance gets recognised and incentivised.

  • Salary - Good
  • +2 more

Dislikes

When met with adversity like Covid, the management could have considered other cost cutting measures like reducing the salaries, instead of harassing employees by putting them in PIP, where its not because of their fault the business has come down. When one demands for loyalty in top management, loyalty cannot be bought, but is build through mutual trust and support, which the top management failed to recognise, panicked and took some wrong decisions.

read more
  • Job security - Poor

Engineering - Software & QA Department

3.0
  •  posted on 17 Sep 2018

3.0
 for  Salary and Benefits

Likes

company was IRDAI government approval company it's very tough job but it's gives good salary and incentives to the employers so we learn how to speak with the customer and more things..

read more
  • Skill development - Good
  • +3 more

Dislikes

more working pressure

BFSI, Investments & Trading Department

5.0
  •  posted on 26 Mar 2018

5.0
 for  Salary and Benefits

Likes

This is good organization , where u can achieve everything . You are free to ur job and u know what u to do . There is a lots of opportunity for carrier growth . I feel proud to having part of this company .

read more
  • Salary - Excellent
  • +6 more

Dislikes

Salary .

see more salary related reviews

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Ageas Federal Life Insurance Agency Manager Salary FAQs

What is the salary of Agency Manager at Ageas Federal Life Insurance ?
The average salary of a Agency Manager at Ageas Federal Life Insurance in India typically ranges from ₹1.9 Lakhs to ₹5.0 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Agency Manager at Ageas Federal Life Insurance earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Agency Manager Salaries at Ageas Federal 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+ Ageas Federal Life Insurance employees in India.
What is the estimated take home salary of a Agency Manager at Ageas Federal Life Insurance in India?
The estimated take-home salary of a Agency Manager at Ageas Federal Life Insurance in India typically ranges from ₹21,278 to ₹22,923 per month. This is based on the average salary range of ₹1.9 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from Fresher to 6 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 Ageas Federal Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Agency Manager at Ageas Federal Life Insurance ?
To be a Agency Manager at Ageas Federal Life Insurance in india, the key skills required include:

  • - Life Insurance
  • - agency
  • - Agency Management
  • - Recruitment
  • - Development Management

These skills are highly valued at Ageas Federal Life Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Ageas Federal Life Insurance for Agency Manager in India?
Magma HDI General Insurance ₹4.5 Lakhs to ₹7.5 Lakhs per year
Universal Sompo General Insurance ₹3.0 Lakhs to ₹6.5 Lakhs per year
Royal Sundaram General Insurance ₹3.0 Lakhs to ₹5.9 Lakhs per year
Future Generali India Life Insurance ₹2.6 Lakhs to ₹4.8 Lakhs per year
Liberty General Insurance ₹3.1 Lakhs to ₹5.5 Lakhs per year

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

IndiaFirst Life Insurance ₹2.4 Lakhs to ₹6.7 Lakhs per year
Cholamandalam MS General Insurance ₹2.5 Lakhs to ₹4.6 Lakhs per year
ManipalCigna Health Insurance ₹2.4 Lakhs to ₹4.5 Lakhs per year
CignaTTk Health Insurance ₹2.8 Lakhs to ₹4.0 Lakhs per year
Aditya Birla Health Insurance Co ₹2.3 Lakhs to ₹4.0 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 Agency Manager at Ageas Federal Life Insurance in India?
The salary growth for a Agency Manager at Ageas Federal Life Insurance depends on factors such as experience, performance, and promotions. On average, a Agency Manager can expect the following growth trajectory at Ageas Federal Life Insurance:

Experience Average Salary Range
Fresher ₹1.9 Lakhs to ₹5.1 Lakhs per year
1 year ₹2.0 Lakhs to ₹4.2 Lakhs per year
2 years ₹2.0 Lakhs to ₹5.3 Lakhs per year
3 years ₹2.7 Lakhs to ₹3.4 Lakhs per year
and so on.

Tell us how to improve this page.

Ageas Federal Life Insurance Agency Manager salary in India ranges between ₹1.9 Lakh to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 16 Ageas Federal Life Insurance latest salaries received from various employees of Ageas Federal Life Insurance.