Ageas Federal Life Insurance Agency Manager Salaries by 10+ Employees (Updated 2025)

0 - 6 years exp.

₹1.9 Lakh - ₹5 Lakhs

Salary of majority employees

17% 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)	₹2 L/yr - ₹3 L/yr
BFSI, Investments & Trading Agency Manager Salary 0 - 6 years exp. (3 salaries)	₹1.9 L/yr - ₹3.5 L/yr
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Customer Success, Service & Operations Agency Manager Salary 2 - 4 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹4 L/yr
Engineering - Software & QA Agency Manager Salary 1 year exp. (AmbitionBox Estimate)	₹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
ICICI Prudential Life Insurance Agency Manager Salary 0 - 8 years exp. (157 salaries)	₹2.2 L/yr - ₹5.3 L/yr 33% more
HDFC Life Agency Manager Salary 0 - 7 years exp. (82 salaries)	₹1.8 L/yr - ₹7 L/yr 29% more
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SBI Life Insurance Company Agency Manager Salary 1 - 13 years exp. (251 salaries)	₹2.8 L/yr - ₹5 L/yr 32% more
Max Life Insurance Agency Manager Salary 2 - 11 years exp. (153 salaries)	₹2.2 L/yr - ₹6.5 L/yr 44% more	1 job opening
Kotak Mahindara Life Insurance Agency Manager Salary 0 - 15 years exp. (26 salaries)	₹2 L/yr - ₹7.6 L/yr 4% more
Bajaj Allianz Life Insurance Agency Manager Salary 0 - 11 years exp. (8 salaries)	₹2.5 L/yr - ₹7 L/yr 32% more	1 job opening
Reliance Nippon Life Insurance Agency Manager Salary 0 - 7 years exp. (36 salaries)	₹1.8 L/yr - ₹3.8 L/yr 3% more
Tata AIA Life Insurance Agency Manager Salary 4 - 11 years exp. (7 salaries)	₹4.5 L/yr - ₹6 L/yr 70% more
PNB MetLife Agency Manager Salary 0 - 11 years exp. (5 salaries)	₹2.8 L/yr - ₹7 L/yr 71% more
Aditya Birla Sun Life Insurance Agency Manager Salary 0 - 8 years exp. (207 salaries)	₹1.8 L/yr - ₹3.3 L/yr 15% less
ManipalCigna Health Insurance Agency Manager Salary 0 - 10 years exp. (313 salaries)	₹2.4 L/yr - ₹4.5 L/yr 20% more
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Bharti AXA Life Insurance Agency Manager Salary 0 - 10 years exp. (133 salaries)	₹1.8 L/yr - ₹4.6 L/yr 4% less
Aditya Birla Health Insurance Co Agency Manager Salary 0 - 8 years exp. (113 salaries)	₹2.3 L/yr - ₹4 L/yr 10% more
Cholamandalam MS General Insurance Agency Manager Salary 0 - 5 years exp. (59 salaries)	₹2.5 L/yr - ₹4.6 L/yr 22% more
Future Generali India Life Insurance Agency Manager Salary 2 - 7 years exp. (7 salaries)	₹2.6 L/yr - ₹4.8 L/yr 49% more
Royal Sundaram General Insurance Agency Manager Salary 3 - 5 years exp. (5 salaries)	₹3 L/yr - ₹5.9 L/yr 63% more
Edelweiss Life Insurance Agency Manager Salary 1 - 6 years exp. (4 salaries)	₹2.5 L/yr - ₹3.1 L/yr 5% less	2 job openings
Universal Sompo General Insurance Agency Manager Salary 3 - 16 years exp. (4 salaries)	₹3 L/yr - ₹6.5 L/yr 65% more
IndiaFirst Life Insurance Agency Manager Salary 4 - 10 years exp. (3 salaries)	₹2.4 L/yr - ₹6.7 L/yr 28% 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.

Experience wise Ageas Federal Life Insurance Agency Manager salaries

Last Updated: 16 Jan 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.9 L/yr - ₹5.1 L/yr
1 year (5 salaries)	₹2 L/yr - ₹4.2 L/yr
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2 years (3 salaries)	₹2 L/yr - ₹5.3 L/yr
3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
4 years (4 salaries)	₹2 L/yr - ₹5 L/yr
5 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.2 L/yr
6 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.5 L/yr

View all

Similar Designation salaries in Ageas Federal Life Insurance

Branch Manager Salary

(11 salaries)

₹7 L/yr - ₹12 L/yr

Area Manager Salary

(5 salaries)

₹10 L/yr - ₹17 L/yr

Deputy Manager Salary

(7 salaries)

₹3.1 L/yr - ₹5.75 L/yr

Regional Manager Salary

(AmbitionBox Estimate)

₹16.9 L/yr - ₹21.6 L/yr

Sales Manager Salary

(34 salaries)

₹2 L/yr - ₹9.32 L/yr

Area Sales Manager Salary

(5 salaries)

₹6.8 L/yr - ₹17.4 L/yr

Marketing Manager Salary

(4 salaries)

₹10.95 L/yr - ₹15 L/yr

Territory Manager Salary

(19 salaries)

₹11 L/yr - ₹15.85 L/yr

Team Lead Salary

(22 salaries)

₹1.8 L/yr - ₹3.5 L/yr

Senior Sales Manager Salary

(9 salaries)

₹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

Deputy Manager in Mumbai

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

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

Branch Manager in Raipura

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.

Dislikes

Skill development - Bad

+5 more

Territory Manager in Bangalore / Bengaluru

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.

Job security - Poor

Team Lead in Erode

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..

Skill development - Good

+3 more

Dislikes

more working pressure

Sales Manager in Bilaspur

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 .

Salary - Excellent

+6 more

Dislikes

Salary .

see more salary related reviews

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Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Ageas Federal Life Insurance Agency Manager Salary FAQs

What is the salary of Agency Manager at Ageas Federal Life Insurance?

Agency Manager salary at Ageas Federal Life Insurance in India ranges between ₹1.9 Lakhs to ₹5.0 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 17% less than the average Agency Manager Salary in India. Salary estimates are based on 16 latest salaries received from various employees of Ageas Federal Life Insurance India.

How does the salary of a Agency Manager at Ageas Federal Life Insurance India compare with the average salary range for this job?

The average salary of a Agency Manager at Ageas Federal Life Insurance is 17% less than the average salary of a Agency Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Agency Manager at Ageas Federal Life Insurance?

Life Insurance, agency, Agency Management, Recruitment and Development Management are some of the popular skills required to work as a Agency Manager at Ageas Federal Life Insurance India.

Which similar companies are paying more than Ageas Federal Life Insurance to a Agency Manager in India?

PNB MetLife Agency Manager Salary - ₹2.8 Lakhs to ₹7.0 Lakhs per year
Tata AIA Life Insurance Agency Manager Salary - ₹4.5 Lakhs to ₹6.0 Lakhs per year
Universal Sompo General Insurance Agency Manager Salary - ₹3.0 Lakhs to ₹6.5 Lakhs per year
Royal Sundaram General Insurance Agency Manager Salary - ₹3.0 Lakhs to ₹5.9 Lakhs per year
Future Generali India Life Insurance Agency Manager Salary - ₹2.6 Lakhs to ₹4.8 Lakhs per year

What is the salary of a Agency Manager in companies similar to Ageas Federal Life Insurance in India?

Max Life Insurance Agency Manager Salary - ₹2.2 Lakhs to ₹6.5 Lakhs per year
ICICI Prudential Life Insurance Agency Manager Salary - ₹2.2 Lakhs to ₹5.3 Lakhs per year
Bajaj Allianz Life Insurance Agency Manager Salary - ₹2.5 Lakhs to ₹7.0 Lakhs per year
SBI Life Insurance Company Agency Manager Salary - ₹2.8 Lakhs to ₹5.0 Lakhs per year
HDFC Life Agency Manager Salary - ₹1.8 Lakhs to ₹7.0 Lakhs per year

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 ranges between ₹21,278 per month to ₹22,923 per month in India. The take-home salary calculation is based on the average Ageas Federal Life Insurance Agency Manager salary in India which ranges between ₹1.9 Lakhs to ₹5.0 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?

What is the notice period for Agency Manager at Ageas Federal Life Insurance?

According to AmbitionBox, 60% of the Ageas Federal Life Insurance Agency Managers reported a notice period of 15 days or less, 40% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

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Ageas Federal Life Insurance Agency Manager Salaries

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