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Ageas Federal Life Insurance Area Manager salaries in India (Updated 2025)

Annual salary range
15 - 19 years exp.
₹16.3 Lakhs - ₹21 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.
Avg. annual salary
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Monthly In-hand Salary

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95% more than the average Area Manager Salary in Insurance Companies for 15 - 19 years of experience

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Salaries in different departments

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Area Manager Salary
15 - 19 years exp. (4 salaries)
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₹17 L/yr - ₹21 L/yr

BFSI, Investments & Trading
Area Manager Salary
17 years exp. (AmbitionBox Estimate)
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₹14.6 L/yr - ₹17.9 L/yr

Last Updated: 22 Mar 2025

Companies similar to Ageas Federal Life Insurance for Area Manager

Company name Avg Annual Salary Open Jobs
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₹4.5 L/yr - ₹16.5 L/yr

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₹10.5 L/yr - ₹20 L/yr

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Bharti AXA Life Insurance Area Manager Salary

6 - 19 years exp. (38 salaries)

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₹6.1 L/yr - ₹16.5 L/yr

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Aviva Life Insurance India Area Manager Salary

7 - 20 years exp. (35 salaries)

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₹7 L/yr - ₹14 L/yr

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₹4.5 L/yr - ₹16.5 L/yr

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₹6 L/yr - ₹15 L/yr

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Shriram General Insurance Area Manager Salary

12 - 20 years exp. (26 salaries)

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₹8.3 L/yr - ₹15 L/yr

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Liberty General Insurance Area Manager Salary

9 - 20 years exp. (24 salaries)

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₹12.4 L/yr - ₹18.4 L/yr

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Edelweiss Life Insurance Area Manager Salary

12 - 20 years exp. (16 salaries)

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₹10 L/yr - ₹16.7 L/yr

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IndiaFirst Life Insurance Area Manager Salary

13 - 17 years exp. (8 salaries)

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₹9 L/yr - ₹16 L/yr

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₹9 L/yr - ₹18.5 L/yr

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CignaTTk Health Insurance Area Manager Salary

7 - 14 years exp. (5 salaries)

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₹8.6 L/yr - ₹10.5 L/yr

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₹8.8 L/yr - ₹16.3 L/yr

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Bajaj Capital Insurance Area Manager Salary

5 - 13 years exp. (5 salaries)

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₹4 L/yr - ₹6.2 L/yr

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Aegon Life Insurance Area Manager Salary

11 - 19 years exp. (4 salaries)

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₹12 L/yr - ₹14 L/yr

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₹4.9 L/yr - ₹6.8 L/yr

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Allianz Partners Area Manager Salary

8 - 11 years exp. (3 salaries)

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₹5.3 L/yr - ₹8 L/yr

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₹10 L/yr - ₹20 L/yr

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Area Manager salary at Ageas Federal Life Insurance ranges between ₹16.3 Lakhs to ₹21 Lakhs per year for employees with experience between 15 years to 19 years. Salary estimates are based on 5 latest salaries received from various employees of Ageas Federal Life Insurance.

Latest annual salaries shared by Ageas Federal Life Insurance Area Manager

2d ago
₹20.7 Lakhs
17 years exp.
5mo ago
₹20.7 Lakhs
16 years exp.
6mo ago
₹17 Lakhs
19 years exp.
10mo ago
₹21 Lakhs
15 years exp.
1y ago
₹16.3 Lakhs
17 years exp.

Experience wise Ageas Federal Life Insurance Area Manager salaries

Last Updated: 22 Mar 2025

Experience Avg Annual Salary
15+ years  (5 salaries)

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₹16.3 L/yr - ₹21 L/yr

Similar Designation salaries in Ageas Federal Life Insurance

Sales Manager Salary
(25 salaries)
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₹2.9 L/yr - ₹7.6 L/yr
Branch Manager Salary
(11 salaries)
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₹7 L/yr - ₹12 L/yr
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₹6.8 L/yr - ₹17.4 L/yr
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₹7.5 L/yr - ₹8.97 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
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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
Sales Officer Salary
(AmbitionBox Estimate)
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₹4 L/yr - ₹5.1 L/yr

Salary related reviews for Ageas Federal Life Insurance

4.4

Rated by 2 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.

read more

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 Area Manager Salary FAQs

What is the salary of Area Manager at Ageas Federal Life Insurance ?
The average salary of a Area Manager at Ageas Federal Life Insurance in India typically ranges from ₹16.3 Lakhs to ₹21.0 Lakhs per year, depending on experience (from 15 years to 19 years).

The top 10% of Area Manager at Ageas Federal Life Insurance earn more than ₹21.0 Lakhs per year, and the top 1% earn over ₹21.0 Lakhs per year. Area 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 5 Ageas Federal Life Insurance employees in India.
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 in India typically ranges from ₹1,25,861 to ₹1,29,899 per month. This is based on the average salary range of ₹16.3 Lakhs to ₹21.0 Lakhs per year for employees with experience ranging from 15 years to 19 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 5 salaries received from various employees of Ageas Federal Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Area Manager in companies similar to Ageas Federal Life Insurance in India?
The salary of a Area 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:

Future Generali India Life Insurance ₹10.5 Lakhs to ₹20.0 Lakhs per year
Liberty General Insurance ₹12.4 Lakhs to ₹18.4 Lakhs per year
Edelweiss Life Insurance ₹10.0 Lakhs to ₹16.7 Lakhs per year
Magma HDI General Insurance ₹8.8 Lakhs to ₹16.3 Lakhs per year
Aegon Religare Life Insurance ₹10.0 Lakhs to ₹20.0 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 Area Manager at Ageas Federal Life Insurance in India?
The salary growth for a Area Manager at Ageas Federal Life Insurance depends on factors such as experience, performance, and promotions. On average, a Area Manager can expect the following growth trajectory at Ageas Federal Life Insurance:

Experience Average Salary Range
15 years ₹16.3 Lakhs to ₹21.0 Lakhs per year
and so on.

Tell us how to improve this page.

Ageas Federal Life Insurance Area Manager salary in India ranges between ₹16.3 Lakhs to ₹21 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Ageas Federal Life Insurance latest salaries received from various employees of Ageas Federal Life Insurance.