Ageas Federal Life Insurance Mumbai Executive Salaries by 4 Employees (Updated 2025)

1 - 5 years exp.

₹2.4 Lakhs - ₹2.9 Lakhs

Salary of majority employees

46% less than the average Executive Salary in Insurance Companies for 1 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Executive Salary 2 - 4 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹2.5 L/yr
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Customer Success, Service & Operations Executive Salary 1 year exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹2.9 L/yr

Last Updated: 1 Jul 2024

Companies similar to Ageas Federal Life Insurance for Executive in Mumbai

Ageas Federal Life Insurance Executive Salary

1 - 5 years exp. (4 salaries)

₹2.4 L/yr - ₹2.9 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Executive Salary 0 - 8 years exp. (29 salaries)	₹1.2 L/yr - ₹3.1 L/yr 6% less
HDFC Life Executive Salary 0 - 5 years exp. (13 salaries)	₹2.7 L/yr - ₹5 L/yr 66% more
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SBI Life Insurance Company Executive Salary 2 - 11 years exp. (4 salaries)	₹3 L/yr - ₹3.8 L/yr 40% more
Kotak Mahindara Life Insurance Executive Salary 1 - 5 years exp. (15 salaries)	₹1 L/yr - ₹4.4 L/yr 11% more
Bajaj Allianz Life Insurance Executive Salary 1 - 6 years exp. (7 salaries)	₹3.3 L/yr - ₹4.6 L/yr 52% more
Reliance Nippon Life Insurance Executive Salary 1 - 7 years exp. (15 salaries)	₹1.5 L/yr - ₹4.2 L/yr 9% more
Tata AIA Life Insurance Executive Salary 1 - 10 years exp. (65 salaries)	₹2.3 L/yr - ₹6.5 L/yr 83% more	2 job openings
PNB MetLife Executive Salary 0 - 6 years exp. (13 salaries)	₹2 L/yr - ₹3.6 L/yr 10% more
Aditya Birla Sun Life Insurance Executive Salary 0 - 6 years exp. (13 salaries)	₹1.8 L/yr - ₹3.2 L/yr 4% more
Paramount Health Services Tpa Executive Salary 0 - 5 years exp. (112 salaries)	₹1 L/yr - ₹3.7 L/yr 6% less
Universal Sompo General Insurance Executive Salary 1 - 10 years exp. (42 salaries)	₹2.5 L/yr - ₹5 L/yr 57% more
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Medi Assist India Executive Salary 0 - 7 years exp. (37 salaries)	₹1.6 L/yr - ₹4 L/yr 17% more
Bharti AXA Life Insurance Executive Salary 1 - 7 years exp. (36 salaries)	₹2.5 L/yr - ₹6.7 L/yr 50% more
Aditya Birla Health Insurance Co Executive Salary 1 - 7 years exp. (24 salaries)	₹2.2 L/yr - ₹3.5 L/yr 22% more
Future Generali India Life Insurance Executive Salary 1 - 7 years exp. (19 salaries)	₹1.3 L/yr - ₹4.8 L/yr 5% less	1 job opening
Edelweiss Life Insurance Executive Salary 0 - 8 years exp. (15 salaries)	₹2 L/yr - ₹4 L/yr 17% more
ManipalCigna Health Insurance Executive Salary 0 - 8 years exp. (13 salaries)	₹2.8 L/yr - ₹4.4 L/yr 48% more
IndiaFirst Life Insurance Executive Salary 0 - 6 years exp. (12 salaries)	₹2 L/yr - ₹4 L/yr 15% more

Executive salary at Ageas Federal Life Insurance ranges between ₹2.4 Lakhs to ₹2.9 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Ageas Federal Life Insurance.

Experience wise Ageas Federal Life Insurance Executive salaries in Mumbai

Last Updated: 1 Jul 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1 L/yr - ₹2.9 L/yr
2 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹4.4 L/yr
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3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
4 years (AmbitionBox Estimate)	₹1 L/yr - ₹2.5 L/yr
5 years (AmbitionBox Estimate)	₹1 L/yr - ₹2.5 L/yr

Similar Designation salaries in Ageas Federal Life Insurance

Junior Manager Salary

(21 salaries)

₹4.05 L/yr - ₹11.03 L/yr

Operations Executive Salary

(18 salaries)

₹1.8 L/yr - ₹3.75 L/yr

Chief Manager Salary

(17 salaries)

₹16.6 L/yr - ₹43.31 L/yr

MIS Executive Salary

(16 salaries)

₹1.9 L/yr - ₹3.35 L/yr

Back Office Executive Salary

(14 salaries)

₹1.5 L/yr - ₹3.3 L/yr

Senior Associate Salary

(11 salaries)

₹3.05 L/yr - ₹7 L/yr

Financial Advisor Salary

(3 salaries)

₹2.15 L/yr - ₹2.5 L/yr

Unit Head Salary

(3 salaries)

₹12 L/yr - ₹13 L/yr

Top skills at Ageas Federal Life Insurance for Executive

Life Insurance Finance Reinsurance TAT Project Handling

Salary related reviews for Ageas Federal Life Insurance

3.7

Rated by 4 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 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.

Salary - Good

+5 more

Dislikes

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

Promotions - Poor

Branch Operation Executive in Hyderabad / Secunderabad

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 06 Jun 2023

1.0

for Salary and Benefits

Likes

...erything manual process and no increment and no promotion for branch operations. Only head office people and Kerala team will get all promotion and salary hikes

Dislikes

Disliked the company thinkings

Salary - Bad

+6 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

Salary - Good

Dislikes

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

Skill development - Poor

+4 more

Senior Agency Lead (working remotely)

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 31 Jul 2023

1.0

for Salary and Benefits

Likes

...er joined as Agency leader and he did business of rs 8.5 lac in just two months.but company not giving him salary and commision.. every commitment was wrong.. even they fraudent to coustomer also.. totally bluff ..suggest to people don't go with this company. my father was in Baroda branch.finally he left company.

Dislikes

Baroda branch.. one of the worst branch ..they not giving to salary As AL..even they made fool the coustomer also. zero service after you purchased policy..wrong commitment with coustomer.

Salary - Bad

+6 more

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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 Executive Salary FAQs

What is the salary of Executive at Ageas Federal Life Insurance Mumbai?

Executive salary at Ageas Federal Life Insurance in Mumbai ranges between ₹2.4 Lakhs to ₹2.9 Lakhs for experience between 1 years to 5 years. According to our estimates it is 46% less than the average Executive Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Ageas Federal Life Insurance Mumbai.

How does the salary of a Executive at Ageas Federal Life Insurance Mumbai compare with the average salary range for this job?

The average salary of a Executive at Ageas Federal Life Insurance is 46% less than the average salary of a Executive in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Executive at Ageas Federal Life Insurance?

Life Insurance, Finance, Reinsurance, TAT and Project Handling are some of the popular skills required to work as a Executive at Ageas Federal Life Insurance Mumbai.

Which similar companies are paying more than Ageas Federal Life Insurance to a Executive in Mumbai?

Tata AIA Life Insurance Executive Salary - ₹2.3 Lakhs to ₹6.5 Lakhs per year
HDFC Life Executive Salary - ₹2.7 Lakhs to ₹5.0 Lakhs per year
Universal Sompo General Insurance Executive Salary - ₹2.5 Lakhs to ₹5.0 Lakhs per year
Bajaj Allianz Life Insurance Executive Salary - ₹3.3 Lakhs to ₹4.6 Lakhs per year
Bharti AXA Life Insurance Executive Salary - ₹2.5 Lakhs to ₹6.7 Lakhs per year

What is the salary of a Executive in companies similar to Ageas Federal Life Insurance in Mumbai?

ManipalCigna Health Insurance Executive Salary - ₹2.8 Lakhs to ₹4.4 Lakhs per year
SBI Life Insurance Company Executive Salary - ₹3.0 Lakhs to ₹3.8 Lakhs per year
Aditya Birla Health Insurance Co Executive Salary - ₹2.2 Lakhs to ₹3.5 Lakhs per year
Edelweiss Life Insurance Executive Salary - ₹2.0 Lakhs to ₹4.0 Lakhs per year
Medi Assist India Executive Salary - ₹1.6 Lakhs to ₹4.0 Lakhs per year

What is the estimated take home salary of a Executive at Ageas Federal Life Insurance in Mumbai?

The estimated take-home salary of a Executive at Ageas Federal Life Insurance ranges between ₹17,189 per month to ₹18,894 per month in Mumbai. The take-home salary calculation is based on the average Ageas Federal Life Insurance Executive salary in India which ranges between ₹2.4 Lakhs to ₹2.9 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Executive at Ageas Federal Life Insurance in Mumbai?

According to AmbitionBox, 40% of the Ageas Federal Life Insurance Executives in Mumbai reported a notice period of 15 days or less, 40% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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Ageas Federal Life Insurance Executive Salaries in Mumbai

Ageas Federal Life Insurance Executive salary in Mumbai ranges between ₹2.4 Lakhs to ₹2.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Ageas Federal Life Insurance latest salaries received from various employees of Ageas Federal Life Insurance.