Ageas Federal Life Insurance IT Manager Salaries by 5 Employees

10 - 18 years exp.

₹19 Lakhs - ₹25 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

58% more than the average IT Manager Salary in Insurance Companies for 10 - 18 years of experience

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Salaries in different departments

Data Science & Analytics IT Manager Salary 16 - 18 years exp. (AmbitionBox Estimate)	₹20.7 L/yr - ₹25.3 L/yr
Project & Program Management IT Manager Salary 10 - 14 years exp. (AmbitionBox Estimate)	₹19 L/yr - ₹25 L/yr
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BFSI, Investments & Trading IT Manager Salary 17 years exp. (AmbitionBox Estimate)	₹19.7 L/yr - ₹24.1 L/yr

Last Updated: 5 Dec 2024

Companies similar to Ageas Federal Life Insurance for IT Manager

Company name	Avg Annual Salary	Open Jobs
Bharti AXA Life Insurance IT Manager Salary 5 - 11 years exp. (17 salaries)	₹7 L/yr - ₹15 L/yr 45% less	1 job opening
Cholamandalam MS General Insurance IT Manager Salary 1 - 20 years exp. (10 salaries)	₹9 L/yr - ₹23.5 L/yr 29% less
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Future Generali India Life Insurance IT Manager Salary 6 - 16 years exp. (6 salaries)	₹13.5 L/yr - ₹16 L/yr 29% less
Aegon Life Insurance IT Manager Salary 6 - 9 years exp. (4 salaries)	₹7.1 L/yr - ₹15.5 L/yr 39% less
Chubb IT Manager Salary 13 - 16 years exp. (4 salaries)	₹18 L/yr - ₹30 L/yr 10% more
Liberty General Insurance IT Manager Salary 3 - 6 years exp. (4 salaries)	₹4.5 L/yr - ₹6 L/yr 76% less
Aviva Life Insurance India IT Manager Salary 8 - 10 years exp. (3 salaries)	₹11.7 L/yr - ₹16.6 L/yr 35% less
Aditya Birla Health Insurance Co IT Manager Salary 7 - 14 years exp. (3 salaries)	₹15 L/yr - ₹18.3 L/yr 26% less
Edelweiss Life Insurance IT Manager Salary 10 - 15 years exp. (3 salaries)	₹8.5 L/yr - ₹21 L/yr 25% less
ManipalCigna Health Insurance IT Manager Salary 10 - 14 years exp. (3 salaries)	₹14.8 L/yr - ₹17 L/yr 28% less

IT Manager salary at Ageas Federal Life Insurance ranges between ₹19 Lakhs to ₹25 Lakhs per year for employees with experience between 10 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 IT Manager salaries

Last Updated: 5 Dec 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹18.4 L/yr - ₹23.5 L/yr
11 years (AmbitionBox Estimate)	₹18.7 L/yr - ₹23.9 L/yr
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12 years (AmbitionBox Estimate)	₹19.1 L/yr - ₹24.4 L/yr
13 years (AmbitionBox Estimate)	₹19.4 L/yr - ₹24.8 L/yr
14 years (AmbitionBox Estimate)	₹19.8 L/yr - ₹25.3 L/yr
15+ years (3 salaries)	₹21.9 L/yr - ₹23 L/yr

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Similar Designation salaries in Ageas Federal Life Insurance

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Senior Engineer Salary

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₹2.3 L/yr - ₹3 L/yr

Software Engineer Salary

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₹4.7 L/yr - ₹4.8 L/yr

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₹3 L/yr - ₹7 L/yr

Software Developer Salary

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₹4.3 L/yr - ₹5.5 L/yr

System Administrator Salary

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₹2.5 L/yr - ₹3.2 L/yr

Top skills at Ageas Federal Life Insurance for IT Manager

Life Insurance Production Support Application Support SQL Queries .Net Oracle SQL IT Projects ASP.Net LI Service management IT Management PMP Web Services Java SQL Server

Salary related reviews for Ageas Federal Life Insurance

4.0

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

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

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

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Salary Discussions, Hike & Promotions

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 IT Manager Salary FAQs

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

The average salary of a IT Manager at Ageas Federal Life Insurance in India typically ranges from ₹19.0 Lakhs to ₹25.0 Lakhs per year, depending on experience (from 10 years to 18 years).

The top 10% of IT Manager at Ageas Federal Life Insurance earn more than ₹25.0 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. IT 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 IT Manager at Ageas Federal Life Insurance in India?

The estimated take-home salary of a IT Manager at Ageas Federal Life Insurance in India typically ranges from ₹1,42,360 to ₹1,47,660 per month. This is based on the average salary range of ₹19.0 Lakhs to ₹25.0 Lakhs per year for employees with experience ranging from 10 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.

What are the key skills required to be a IT Manager at Ageas Federal Life Insurance ?

To be a IT Manager at Ageas Federal Life Insurance in india, the key skills required include:

- Life Insurance
- Production Support
- Application Support
- SQL Queries
- .Net

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 IT Manager in India?

Chubb

₹18.0 Lakhs to ₹30.0 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 IT Manager in companies similar to Ageas Federal Life Insurance in India?

The salary of a IT 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	₹8.5 Lakhs to ₹21.0 Lakhs per year
Aditya Birla Health Insurance Co	₹15.0 Lakhs to ₹18.3 Lakhs per year
ManipalCigna Health Insurance	₹14.8 Lakhs to ₹17.0 Lakhs per year
Cholamandalam MS General Insurance	₹9.0 Lakhs to ₹23.5 Lakhs per year
Future Generali India Life Insurance	₹13.5 Lakhs to ₹16.0 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 IT Manager at Ageas Federal Life Insurance in India?

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

Experience	Average Salary Range
10 years	₹18.4 Lakhs to ₹23.5 Lakhs per year
11 years	₹18.7 Lakhs to ₹23.9 Lakhs per year
12 years	₹19.1 Lakhs to ₹24.4 Lakhs per year
13 years	₹19.4 Lakhs to ₹24.8 Lakhs per year

and so on.

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Ageas Federal Life Insurance IT Manager Salaries

Ageas Federal Life Insurance IT Manager salary in India ranges between ₹19 Lakhs to ₹25 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.