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

14 - 18 years exp.

₹6.8 Lakhs - ₹17.4 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

9% more than the average Area Sales Manager Salary in Insurance Companies for 14 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Sales Manager Salary 14 - 15 years exp. (AmbitionBox Estimate)	₹12 L/yr - ₹17.4 L/yr
Marketing & Communication Area Sales Manager Salary 18 years exp. (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.5 L/yr
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Sales & Business Development Area Sales Manager Salary 15 years exp. (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.1 L/yr

Last Updated: 28 Feb 2025

Companies similar to Ageas Federal Life Insurance for Area Sales Manager

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Health Insurance Co Area Sales Manager Salary 6 - 15 years exp. (145 salaries)	₹6.2 L/yr - ₹16 L/yr 2% less
Royal Sundaram General Insurance Area Sales Manager Salary 8 - 16 years exp. (76 salaries)	₹5.5 L/yr - ₹14.6 L/yr 9% less
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Cholamandalam MS General Insurance Area Sales Manager Salary 5 - 15 years exp. (39 salaries)	₹5.1 L/yr - ₹13.6 L/yr 26% less
Future Generali India Life Insurance Area Sales Manager Salary 1 - 14 years exp. (11 salaries)	₹3 L/yr - ₹13 L/yr 29% less
ManipalCigna Health Insurance Area Sales Manager Salary 10 - 15 years exp. (9 salaries)	₹7.5 L/yr - ₹11.2 L/yr 22% less
Bharti AXA Life Insurance Area Sales Manager Salary 4 - 12 years exp. (8 salaries)	₹5.2 L/yr - ₹10 L/yr 46% less
Aviva Life Insurance India Area Sales Manager Salary 1 - 20 years exp. (7 salaries)	₹2.9 L/yr - ₹12 L/yr 27% less
Magma HDI General Insurance Area Sales Manager Salary 7 - 12 years exp. (6 salaries)	₹7.7 L/yr - ₹8.8 L/yr 23% less
Edelweiss Life Insurance Area Sales Manager Salary 11 - 16 years exp. (6 salaries)	₹9 L/yr - ₹13.5 L/yr 2% less
Liberty General Insurance Area Sales Manager Salary 8 - 16 years exp. (6 salaries)	₹13.5 L/yr - ₹16.5 L/yr 33% more
Bajaj Capital Insurance Area Sales Manager Salary 10 - 13 years exp. (5 salaries)	₹4.5 L/yr - ₹5 L/yr 56% less
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Aegon Life Insurance Area Sales Manager Salary 3 - 22 years exp. (4 salaries)	₹3.7 L/yr - ₹14 L/yr 5% more
Universal Sompo General Insurance Area Sales Manager Salary 16 - 17 years exp. (4 salaries)	₹14.4 L/yr - ₹15.8 L/yr 39% more
MetLife Area Sales Manager Salary 2 - 3 years exp. (3 salaries)	₹4 L/yr - ₹9.1 L/yr 45% less
CignaTTk Health Insurance Area Sales Manager Salary 2 - 9 years exp. (3 salaries)	₹2 L/yr - ₹7 L/yr 66% less
IndiaFirst Life Insurance Area Sales Manager Salary 5 - 7 years exp. (3 salaries)	₹6 L/yr - ₹9.5 L/yr 19% less
Shriram General Insurance Area Sales Manager Salary 3 - 14 years exp. (3 salaries)	₹2.5 L/yr - ₹10 L/yr 36% less

Area Sales Manager salary at Ageas Federal Life Insurance ranges between ₹6.8 Lakhs to ₹17.4 Lakhs per year for employees with experience between 14 years to 18 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 Sales Manager salaries

Last Updated: 28 Feb 2025

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹12 L/yr - ₹25.1 L/yr
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15+ years (4 salaries)	₹6.8 L/yr - ₹17.4 L/yr

Similar Designation salaries in Ageas Federal Life Insurance

Sales Manager Salary

(25 salaries)

₹2.9 L/yr - ₹7.6 L/yr

Senior Sales Manager Salary

(9 salaries)

₹4.5 L/yr - ₹5 L/yr

Area Manager Salary

(5 salaries)

₹16.25 L/yr - ₹21 L/yr

Assistant Sales Manager Salary

(4 salaries)

₹2.6 L/yr - ₹4.1 L/yr

Regional Manager Salary

(AmbitionBox Estimate)

₹22.1 L/yr - ₹28.2 L/yr

Territory Sales Manager Salary

(5 salaries)

₹11 L/yr - ₹16.6 L/yr

Branch Manager Salary

(11 salaries)

₹7 L/yr - ₹12 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

Territory Manager Salary

(22 salaries)

₹8.4 L/yr - ₹17.1 L/yr

Salary related reviews for Ageas Federal Life Insurance

2.6

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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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

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Ageas Federal Life Insurance Area Sales Manager Salary FAQs

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

The average salary of a Area Sales Manager at Ageas Federal Life Insurance in India typically ranges from ₹6.8 Lakhs to ₹17.4 Lakhs per year, depending on experience (from 14 years to 18 years).

The top 10% of Area Sales Manager at Ageas Federal Life Insurance earn more than ₹17.4 Lakhs per year, and the top 1% earn over ₹17.4 Lakhs per year. Area Sales 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 Sales Manager at Ageas Federal Life Insurance in India?

The estimated take-home salary of a Area Sales Manager at Ageas Federal Life Insurance in India typically ranges from ₹76,719 to ₹78,709 per month. This is based on the average salary range of ₹6.8 Lakhs to ₹17.4 Lakhs per year for employees with experience ranging from 14 years to 18 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.

Which companies offer higher salaries than Ageas Federal Life Insurance for Area Sales Manager in India?

Universal Sompo General Insurance	₹14.4 Lakhs to ₹15.8 Lakhs per year
Liberty General Insurance	₹13.5 Lakhs to ₹16.5 Lakhs per year
Aegon Life Insurance	₹3.7 Lakhs to ₹14.0 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 Area Sales Manager in companies similar to Ageas Federal Life Insurance in India?

The salary of a Area Sales 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:

Edelweiss Life Insurance	₹9.0 Lakhs to ₹13.5 Lakhs per year
Aditya Birla Health Insurance Co	₹6.2 Lakhs to ₹16.0 Lakhs per year
Royal Sundaram General Insurance	₹5.5 Lakhs to ₹14.6 Lakhs per year
IndiaFirst Life Insurance	₹6.0 Lakhs to ₹9.5 Lakhs per year
ManipalCigna Health Insurance	₹7.5 Lakhs to ₹11.2 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 Sales Manager at Ageas Federal Life Insurance in India?

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

Experience	Average Salary Range
14 years	₹12.0 Lakhs to ₹25.1 Lakhs per year
15 years	₹6.8 Lakhs to ₹17.4 Lakhs per year

and so on.

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Ageas Federal Life Insurance Area Sales Manager Salaries

Ageas Federal Life Insurance Area Sales Manager salary in India ranges between ₹6.8 Lakhs to ₹17.4 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.