Ageas Federal Life Insurance Area Manager Salaries by 5 Employees (Updated 2025)

9 - 20 years exp.

₹10 Lakhs - ₹17 Lakhs

Low Confidence

Salary of majority employees

48% more than the average Area Manager Salary in Insurance Companies for 9 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Manager Salary 13 - 17 years exp. (AmbitionBox Estimate)	₹14.5 L/yr - ₹16.3 L/yr
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Sales & Business Development Area Manager Salary 19 years exp. (AmbitionBox Estimate)	₹15.3 L/yr - ₹18.7 L/yr

Last Updated: 13 Sep 2024

Companies similar to Ageas Federal Life Insurance for Area Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Area Manager Salary 1 - 17 years exp. (373 salaries)	₹5.8 L/yr - ₹12.8 L/yr 32% less	22 job openings
HDFC Life Area Manager Salary 4 - 14 years exp. (26 salaries)	₹3.2 L/yr - ₹12.6 L/yr 49% less
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SBI Life Insurance Company Area Manager Salary 6 - 19 years exp. (222 salaries)	₹4.6 L/yr - ₹14.2 L/yr 35% less
Axis Max Life Insurance Area Manager Salary 6 - 17 years exp. (278 salaries)	₹4.2 L/yr - ₹16 L/yr 37% less	1 job opening
Kotak Mahindara Life Insurance Area Manager Salary 7 - 24 years exp. (26 salaries)	₹5.7 L/yr - ₹17.9 L/yr 20% less
Bajaj Allianz Life Insurance Area Manager Salary 5 - 17 years exp. (227 salaries)	₹5 L/yr - ₹16.5 L/yr 32% less
Reliance Nippon Life Insurance Area Manager Salary 13 - 19 years exp. (63 salaries)	₹9.5 L/yr - ₹21.4 L/yr 1% less
Tata AIA Life Insurance Area Manager Salary 6 - 17 years exp. (176 salaries)	₹5.5 L/yr - ₹17.7 L/yr 21% less	7 job openings
PNB MetLife Area Manager Salary 6 - 15 years exp. (20 salaries)	₹5.9 L/yr - ₹11.1 L/yr 35% less
Aditya Birla Sun Life Insurance Area Manager Salary 3 - 10 years exp. (121 salaries)	₹4.5 L/yr - ₹9 L/yr 52% less
Cholamandalam MS General Insurance Area Manager Salary 6 - 16 years exp. (123 salaries)	₹5.3 L/yr - ₹14 L/yr 40% less
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Future Generali India Life Insurance Area Manager Salary 13 - 19 years exp. (41 salaries)	₹10.1 L/yr - ₹18.5 L/yr 8% more	2 job openings
Bharti AXA Life Insurance Area Manager Salary 7 - 19 years exp. (36 salaries)	₹6.1 L/yr - ₹16.5 L/yr 27% less
Aviva Life Insurance India Area Manager Salary 7 - 20 years exp. (35 salaries)	₹7 L/yr - ₹14 L/yr 23% less
Aditya Birla Health Insurance Co Area Manager Salary 7 - 18 years exp. (31 salaries)	₹4.5 L/yr - ₹16.5 L/yr 28% less
ManipalCigna Health Insurance Area Manager Salary 11 - 20 years exp. (27 salaries)	₹7.2 L/yr - ₹12.5 L/yr 27% less
Shriram General Insurance Area Manager Salary 12 - 20 years exp. (25 salaries)	₹8.3 L/yr - ₹15 L/yr 24% less
Edelweiss Life Insurance Area Manager Salary 12 - 20 years exp. (16 salaries)	₹10 L/yr - ₹16.7 L/yr At par
Royal Sundaram General Insurance Area Manager Salary 11 - 19 years exp. (7 salaries)	₹9 L/yr - ₹18.5 L/yr 22% less
IndiaFirst Life Insurance Area Manager Salary 7 - 17 years exp. (5 salaries)	₹8 L/yr - ₹13 L/yr 26% less

View all

Area Manager salary at Ageas Federal Life Insurance ranges between ₹10 Lakhs to ₹17 Lakhs per year for employees with experience between 9 years to 20 years. Salary estimates are based on 5 latest salaries received from various employees of Ageas Federal Life Insurance.

Experience wise Ageas Federal Life Insurance Area Manager salaries

Last Updated: 13 Sep 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹10 L/yr - ₹19.6 L/yr
10 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.2 L/yr
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11 years (AmbitionBox Estimate)	₹10.9 L/yr - ₹13.9 L/yr
12 years (AmbitionBox Estimate)	₹11.4 L/yr - ₹14.6 L/yr
13 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹14.5 L/yr
14 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹16 L/yr
15+ years (3 salaries)	₹6.4 L/yr - ₹17 L/yr

View all

Similar Designation salaries in Ageas Federal Life Insurance

Sales Manager Salary

(25 salaries)

₹2.9 L/yr - ₹7.6 L/yr

Branch Manager Salary

(11 salaries)

₹7 L/yr - ₹12 L/yr

Area Sales Manager Salary

(5 salaries)

₹6.8 L/yr - ₹17.4 L/yr

Cluster Manager Salary

(6 salaries)

₹7.5 L/yr - ₹8.97 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

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

Sales Officer Salary

(AmbitionBox Estimate)

₹4 L/yr - ₹5.1 L/yr

Salary related reviews for Ageas Federal Life Insurance

4.4

Rated by 2 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 .

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Ageas Federal Life Insurance Area Manager Salary FAQs

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

Area Manager salary at Ageas Federal Life Insurance in India ranges between ₹10.0 Lakhs to ₹17.0 Lakhs for experience between 9 years to 20 years. According to our estimates it is 48% more than the average Area Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Ageas Federal Life Insurance India.

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

The average salary of a Area Manager at Ageas Federal Life Insurance is 48% more than the average salary of a Area Manager in India. To know exact salary insights, login to view.

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

Future Generali India Life Insurance Area Manager Salary - ₹10.1 Lakhs to ₹18.5 Lakhs per year
Edelweiss Life Insurance Area Manager Salary - ₹10.0 Lakhs to ₹16.7 Lakhs per year

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

Reliance Nippon Life Insurance Area Manager Salary - ₹9.5 Lakhs to ₹21.4 Lakhs per year
Kotak Mahindara Life Insurance Area Manager Salary - ₹5.7 Lakhs to ₹17.9 Lakhs per year
Tata AIA Life Insurance Area Manager Salary - ₹5.5 Lakhs to ₹17.7 Lakhs per year
Royal Sundaram General Insurance Area Manager Salary - ₹9.0 Lakhs to ₹18.5 Lakhs per year
Aviva Life Insurance India Area Manager Salary - ₹7.0 Lakhs to ₹14.0 Lakhs per year

What is the estimated take home salary of a Area Manager at Ageas Federal Life Insurance in India?

The estimated take-home salary of a Area Manager at Ageas Federal Life Insurance ranges between ₹98,666 per month to ₹1,01,345 per month in India. The take-home salary calculation is based on the average Ageas Federal Life Insurance Area Manager salary in India which ranges between ₹10.0 Lakhs to ₹17.0 Lakhs per year for employees with experience between 9 years to 20 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 75% of the Ageas Federal Life Insurance Area Managers reported a notice period of 3 Months, 25% reported a notice period of 2 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Ageas Federal Life Insurance Area Manager Salaries

Ageas Federal Life Insurance Area Manager salary in India ranges between ₹10 Lakhs to ₹17 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Ageas Federal Life Insurance latest salaries received from various employees of Ageas Federal Life Insurance.