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This company page is being actively managed by Ageas Federal Life Insurance Team. If you also belong to the team, you can get access from here

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3.8

based on 686 Reviews

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

Annual salary range
2 - 4 years exp.
₹4.1 Lakhs - ₹4.5 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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44% less than the average Executive Bancassurance Manager Salary in Insurance Companies for 2 - 4 years of experience

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Salaries in different departments

Finance & Accounting
Executive Bancassurance Manager Salary
2 - 4 years exp. (AmbitionBox Estimate)
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₹4.1 L/yr - ₹4.2 L/yr

BFSI, Investments & Trading
Executive Bancassurance Manager Salary
3 years exp. (AmbitionBox Estimate)
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₹4 L/yr - ₹4.9 L/yr

Marketing & Communication
Executive Bancassurance Manager Salary
4 years exp. (AmbitionBox Estimate)
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₹3.7 L/yr - ₹4.5 L/yr

Sales & Business Development
Executive Bancassurance Manager Salary
3 years exp. (AmbitionBox Estimate)
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₹3.7 L/yr - ₹4.6 L/yr

Last Updated: 11 Feb 2025

Companies similar to Ageas Federal Life Insurance for Executive Bancassurance Manager

Company name Avg Annual Salary Open Jobs
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HDFC Life Executive Bancassurance Manager Salary

5 - 11 years exp. (39 salaries)
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₹6 L/yr - ₹10.3 L/yr

arrow icon 99% more
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Tata AIA Life Insurance Executive Bancassurance Manager Salary

6 - 11 years exp. (3 salaries)
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₹7.1 L/yr - ₹7.4 L/yr

arrow icon 69% more
Executive Bancassurance Manager salary at Ageas Federal Life Insurance ranges between ₹4.1 Lakhs to ₹4.5 Lakhs per year for employees with experience between 2 years to 4 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 Executive Bancassurance Manager

3d ago
₹4.5 Lakhs
3 years exp.
3w ago
₹4.1 Lakhs
4 years exp.
1mo ago
₹4.2 Lakhs
2 years exp.
2mo ago
₹4.2 Lakhs
3 years exp.
4mo ago
₹4.1 Lakhs
4 years exp.

Experience wise Ageas Federal Life Insurance Executive Bancassurance Manager salaries

Last Updated: 11 Feb 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹5 L/yr
3 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.9 L/yr
4 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.8 L/yr

Similar Designation salaries in Ageas Federal Life Insurance

Bancassurance Manager Salary
(7 salaries)
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₹4 L/yr - ₹4.75 L/yr
Executive Relationship Manager Salary
(AmbitionBox Estimate)
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₹3.7 L/yr - ₹4.7 L/yr
Business Sales Manager Salary
(AmbitionBox Estimate)
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₹5.6 L/yr - ₹7.1 L/yr
Relationship Manager Salary
(203 salaries)
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₹2.4 L/yr - ₹5.4 L/yr
Assistant Sales Manager Salary
(4 salaries)
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₹2.6 L/yr - ₹4.1 L/yr
Senior Relationship Manager Salary
(184 salaries)
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₹3.05 L/yr - ₹5 L/yr
Business Development Manager Salary
(5 salaries)
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₹3.45 L/yr - ₹5 L/yr
Cluster Manager Salary
(6 salaries)
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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
Area Manager Salary
(5 salaries)
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₹16.25 L/yr - ₹21 L/yr

Salary related reviews for Ageas Federal Life Insurance

4.0

Rated by 1 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

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

Senior Relationship Manager in Thiruvananthapuram

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

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 .

read more
  • Salary - Excellent
    • +6 more

Dislikes

Salary .

Senior Relationship Manager in Goregaon

Customer Success, Service & Operations Department

1.0
  •  posted on 11 Nov 2021
1.0
 for  Salary and Benefits

Likes

Not good place to work only trainer things they are running company and no one is doing work except him. Work culture is not good in Branch office..

read more

Dislikes

...ess through banca channel and pressure is high in Agency even for banca is same. Even salary is not decent, training are given but in expectations of 1 cr business from every one. Otherwise trainer will not do his Lal front of HOD. So not good company to work in sales

read more
  • Salary - Bad
    • +6 more

Branch Support Associate in Visakhapatnam

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 21 Feb 2024
4.0
 for  Salary and Benefits

Likes

I had been worked in Ageas federal since 2021 April to Nov 2023..it's working culture like Employee friendly Atmosphere and work life balanced.

read more
  • Salary - Good
    • +5 more

Dislikes

Middle Management hasn't take care of Employees salary growth of operations Support Employees

read more
  • Promotions - Poor
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2w (edited)
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New offer. Confused.
My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?
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Ageas Federal Life Insurance Executive Bancassurance Manager Salary FAQs

What is the salary of Executive Bancassurance Manager at Ageas Federal Life Insurance ?
The average salary of a Executive Bancassurance Manager at Ageas Federal Life Insurance in India typically ranges from ₹4.1 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 2 years to 4 years).

The top 10% of Executive Bancassurance Manager at Ageas Federal Life Insurance earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Executive Bancassurance 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 Executive Bancassurance Manager at Ageas Federal Life Insurance in India?
The estimated take-home salary of a Executive Bancassurance Manager at Ageas Federal Life Insurance in India typically ranges from ₹31,509 to ₹32,801 per month. This is based on the average salary range of ₹4.1 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 2 years to 4 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 Executive Bancassurance Manager in India?
HDFC Life ₹6.0 Lakhs to ₹10.3 Lakhs per year
Tata AIA Life Insurance ₹7.1 Lakhs to ₹7.4 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.
How the salary growth look like for a Executive Bancassurance Manager at Ageas Federal Life Insurance in India?
The salary growth for a Executive Bancassurance Manager at Ageas Federal Life Insurance depends on factors such as experience, performance, and promotions. On average, a Executive Bancassurance Manager can expect the following growth trajectory at Ageas Federal Life Insurance:

Experience Average Salary Range
2 years ₹3.9 Lakhs to ₹5.0 Lakhs per year
3 years ₹3.8 Lakhs to ₹4.9 Lakhs per year
4 years ₹3.8 Lakhs to ₹4.8 Lakhs per year
and so on.

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Ageas Federal Life Insurance Executive Bancassurance Manager Salaries by Location

Ageas Federal Life Insurance Executive Bancassurance Manager salary in India ranges between ₹4.1 Lakhs to ₹4.5 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.