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

Annual salary range
9 - 17 years exp.
₹10.3 Lakhs - ₹20.1 Lakhs
Salary of majority employees
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13% less than the average Chief Manager Salary in Insurance Companies for 9 - 17 years of experience

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Salaries in different departments

Data Science & Analytics
Chief Manager Salary
12 - 13 years exp. (4 salaries)
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₹20.4 L/yr - ₹30.5 L/yr

BFSI, Investments & Trading
Chief Manager Salary
10 - 11 years exp. (3 salaries)
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₹15 L/yr - ₹16.6 L/yr

Engineering - Software & QA
Chief Manager Salary
11 - 13 years exp. (3 salaries)
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₹25.1 L/yr - ₹43.3 L/yr

IT & Information Security
Chief Manager Salary
13 - 14 years exp. (AmbitionBox Estimate)
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₹22.6 L/yr - ₹37.6 L/yr

Sales & Business Development
Chief Manager Salary
9 years exp. (AmbitionBox Estimate)
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₹6.9 L/yr - ₹13.7 L/yr

Last Updated: 14 Feb 2025

Companies similar to Ageas Federal Life Insurance for Chief Manager

Company name Avg Annual Salary Open Jobs
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₹13.3 L/yr - ₹36.2 L/yr

arrow icon 18% more
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Edelweiss Life Insurance Chief Manager Salary

4 - 18 years exp. (50 salaries)

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₹11 L/yr - ₹25 L/yr

arrow icon 17% less
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₹19 L/yr - ₹30 L/yr

arrow icon 24% more
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₹6 L/yr - ₹15 L/yr

arrow icon 42% less
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₹15 L/yr - ₹19.2 L/yr

arrow icon 11% less
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MetLife Chief Manager Salary

3 - 22 years exp. (4 salaries)

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₹1 L/yr - ₹31.9 L/yr

arrow icon 17% less
Chief Manager salary at Ageas Federal Life Insurance ranges between ₹10.3 Lakhs to ₹20.1 Lakhs per year for employees with experience between 9 years to 17 years. Salary estimates are based on 17 latest salaries received from various employees of Ageas Federal Life Insurance.

Latest annual salaries shared by Ageas Federal Life Insurance Chief Manager

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13 years exp.
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14 years exp.
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13 years exp.
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17 years exp.
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12 years exp.
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15 years exp.
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11 years exp.

Experience wise Ageas Federal Life Insurance Chief Manager salaries

Last Updated: 14 Feb 2025

Experience Avg Annual Salary
9 years (AmbitionBox Estimate)

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₹7.4 L/yr - ₹33.3 L/yr
10 years  (3 salaries)

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₹16.5 L/yr - ₹32 L/yr
11 years (AmbitionBox Estimate)

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₹18.5 L/yr - ₹34 L/yr
12 years  (3 salaries)

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₹7.6 L/yr - ₹34.3 L/yr
13 years  (4 salaries)

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₹7.7 L/yr - ₹34.7 L/yr
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Similar Designation salaries in Ageas Federal Life Insurance

Area Manager Salary
(5 salaries)
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₹16.25 L/yr - ₹21 L/yr
Sales Manager Salary
(25 salaries)
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₹2.9 L/yr - ₹7.6 L/yr
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₹7.5 L/yr - ₹8.97 L/yr
Branch Manager Salary
(11 salaries)
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₹7 L/yr - ₹12 L/yr
Deputy Manager Salary
(7 salaries)
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₹3.1 L/yr - ₹5.75 L/yr
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₹8.4 L/yr - ₹17.1 L/yr
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₹3.5 L/yr - ₹8.5 L/yr
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₹6.8 L/yr - ₹17.4 L/yr
Sales Officer Salary
(AmbitionBox Estimate)
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₹4 L/yr - ₹5.1 L/yr
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₹4.5 L/yr - ₹5 L/yr

Top skills at Ageas Federal Life Insurance for Chief Manager

IFRS Life Insurance Actuarial Valuation Ca Fund Accounting Financial Statements Accounting OPEX GAAP Financial Reporting GAAP Business Strategy Variance Analysis Finance

Salary related reviews for Ageas Federal Life Insurance

3.4

Rated by 4 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

Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 26 Apr 2022

4.0
 for  Salary and Benefits

Likes

Worst senior manager makes the company worst place to work with, good package is the only best thing

read more
  • Salary - Good

Dislikes

Worst selling practice, worst management, worst incentive packages makes the company worst place to work with

read more
  • Skill development - Poor
  • +4 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

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 .

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Ageas Federal Life Insurance Chief Manager Salary FAQs

What is the salary of Chief Manager at Ageas Federal Life Insurance ?
The average salary of a Chief Manager at Ageas Federal Life Insurance in India typically ranges from ₹10.3 Lakhs to ₹20.1 Lakhs per year, depending on experience (from 9 years to 17 years).

The top 10% of Chief Manager at Ageas Federal Life Insurance earn more than ₹42.6 Lakhs per year, and the top 1% earn over ₹43.3 Lakhs per year. Chief 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 Chief Manager at Ageas Federal Life Insurance in India?
The estimated take-home salary of a Chief Manager at Ageas Federal Life Insurance in India typically ranges from ₹1,27,911 to ₹1,32,221 per month. This is based on the average salary range of ₹10.3 Lakhs to ₹20.1 Lakhs per year for employees with experience ranging from 9 years to 17 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 Chief Manager at Ageas Federal Life Insurance ?
To be a Chief Manager at Ageas Federal Life Insurance in india, the key skills required include:

  • - IFRS
  • - Life Insurance
  • - Actuarial
  • - Valuation
  • - Ca

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 Chief Manager in India?
Cholamandalam MS General Insurance ₹19.0 Lakhs to ₹30.0 Lakhs per year
Aditya Birla Health Insurance Co ₹13.3 Lakhs to ₹36.2 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 Chief Manager in companies similar to Ageas Federal Life Insurance in India?
The salary of a Chief 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:

Liberty General Insurance ₹15.0 Lakhs to ₹19.2 Lakhs per year
Edelweiss Life Insurance ₹11.0 Lakhs to ₹25.0 Lakhs per year
MetLife ₹1.0 Lakhs to ₹31.9 Lakhs per year
Bharti AXA Life Insurance ₹6.0 Lakhs to ₹15.0 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 Chief Manager at Ageas Federal Life Insurance in India?
The salary growth for a Chief Manager at Ageas Federal Life Insurance depends on factors such as experience, performance, and promotions. On average, a Chief Manager can expect the following growth trajectory at Ageas Federal Life Insurance:

Experience Average Salary Range
9 years ₹7.4 Lakhs to ₹33.3 Lakhs per year
10 years ₹16.5 Lakhs to ₹32.0 Lakhs per year
11 years ₹18.5 Lakhs to ₹34.0 Lakhs per year
12 years ₹7.6 Lakhs to ₹34.3 Lakhs per year
and so on.

Tell us how to improve this page.

Ageas Federal Life Insurance Chief Manager salary in India ranges between ₹10.3 Lakhs to ₹20.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 17 Ageas Federal Life Insurance latest salaries received from various employees of Ageas Federal Life Insurance.