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3.7

based on 688 Reviews

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Ageas Federal Life Insurance Junior Manager salaries in Mumbai (Updated 2025)

Annual salary range
7 - 12 years exp.
₹4.1 Lakhs - ₹11 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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At par with the average Junior Manager Salary in Insurance Companies for 7 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Junior Manager Salary
7 - 12 years exp. (8 salaries)
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₹4.1 L/yr - ₹9 L/yr

Customer Success, Service & Operations
Junior Manager Salary
8 - 11 years exp. (8 salaries)
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₹5.3 L/yr - ₹9.6 L/yr

Finance & Accounting
Junior Manager Salary
8 - 9 years exp. (AmbitionBox Estimate)
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₹7.7 L/yr - ₹11 L/yr

Last Updated: 24 Mar 2025

Companies similar to Ageas Federal Life Insurance for Junior Manager in Mumbai

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Ageas Federal Life Insurance Junior Manager Salary

7 - 12 years exp. (21 salaries)
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₹4.1 L/yr - ₹11 L/yr

vs
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JSW Steel Junior Manager Salary

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₹4.1 L/yr - ₹10.5 L/yr

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Paytm Junior Manager Salary

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₹4.7 L/yr - ₹12 L/yr

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Viraj Profiles Junior Manager Salary

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₹2.4 L/yr - ₹9.5 L/yr

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Mukand Limited Junior Manager Salary

1 - 14 years exp. (30 salaries)
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₹5 L/yr - ₹8.7 L/yr

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JSW Group Junior Manager Salary

1 - 12 years exp. (23 salaries)
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₹4.2 L/yr - ₹9.8 L/yr

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Junior Manager salary at Ageas Federal Life Insurance ranges between ₹4.1 Lakhs to ₹11 Lakhs per year for employees with experience between 7 years to 12 years. Salary estimates are based on 21 latest salaries received from various employees of Ageas Federal Life Insurance.

Latest annual salaries shared by Ageas Federal Life Insurance Junior Manager in Mumbai

2w ago
₹9 Lakhs
11 years exp.
1mo ago
₹5.8 Lakhs
9 years exp.
2mo ago
₹9.6 Lakhs
8 years exp.
8mo ago
₹11 Lakhs
8 years exp.
10mo ago
₹8.4 Lakhs
9 years exp.
11mo ago
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10 years exp.
11mo ago
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10 years exp.
1y ago
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9 years exp.
1y ago
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11 years exp.
1y ago
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10 years exp.

Experience wise Ageas Federal Life Insurance Junior Manager salaries in Mumbai

Last Updated: 24 Mar 2025

Experience Avg Annual Salary
7 years (AmbitionBox Estimate)

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₹6.5 L/yr - ₹8.3 L/yr
8 years  (7 salaries)

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₹5.3 L/yr - ₹11 L/yr
9 years  (4 salaries)

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₹5.8 L/yr - ₹8.4 L/yr
10 years  (4 salaries)

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₹5.5 L/yr - ₹9.1 L/yr
11 years  (3 salaries)

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₹5.5 L/yr - ₹9 L/yr
View all

Similar Designation salaries in Ageas Federal Life Insurance

Operations Executive Salary
(18 salaries)
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₹1.8 L/yr - ₹3.75 L/yr
Chief Manager Salary
(17 salaries)
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₹16.6 L/yr - ₹43.31 L/yr
MIS Executive Salary
(16 salaries)
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₹1.9 L/yr - ₹3.35 L/yr
Back Office Executive Salary
(14 salaries)
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₹1.5 L/yr - ₹3.3 L/yr
Senior Associate Salary
(12 salaries)
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₹3.05 L/yr - ₹7 L/yr
Financial Advisor Salary
(3 salaries)
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₹2.15 L/yr - ₹2.5 L/yr
Unit Head Salary
(3 salaries)
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₹12 L/yr - ₹13 L/yr

Top skills at Ageas Federal Life Insurance for Junior Manager

Life Insurance Actuarial LI Standard Operating Procedures Fund Accounting Excel MIS Reporting Regulatory Reporting New Business MIS Valuation Cash Flow Customer Service Management Operations Product Pricing

Salary related reviews for Ageas Federal Life Insurance

4.3

Rated by 4 employees for salary & benefits

Junior Manager in Mumbai

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 21 Apr 2024
3.0
 for  Salary and Benefits

Likes

...thy. Through various community outreach programs and sustainability initiatives. There are additional perks such as wellness programs and other benefits of providing considerable amount in monthly salary for employees to support the new parenthood. Employee recognition and appreciation is greatly celebrated.

read more

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

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

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

read more

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

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
see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

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Salary Discussions, Hike & Promotions
1w (edited)
an inside sales executive
Unexpected job policies: stay or switch?
I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?
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Ageas Federal Life Insurance Junior Manager Salary FAQs

What is the salary of Junior Manager at Ageas Federal Life Insurance in Mumbai?
The average salary of a Junior Manager at Ageas Federal Life Insurance in Mumbai typically ranges from ₹4.1 Lakhs to ₹11.0 Lakhs per year, depending on experience (from 7 years to 12 years).

The top 10% of Junior Manager in Mumbai at Ageas Federal Life Insurance earn more than ₹9.3 Lakhs per year, and the top 1% earn over ₹11.0 Lakhs per year. Junior 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 20+ Ageas Federal Life Insurance employees in India.
What is the estimated take home salary of a Junior Manager at Ageas Federal Life Insurance in Mumbai?
The estimated take-home salary of a Junior Manager at Ageas Federal Life Insurance in Mumbai typically ranges from ₹54,615 to ₹55,980 per month. This is based on the average salary range of ₹4.1 Lakhs to ₹11.0 Lakhs per year for employees with experience ranging from 7 years to 12 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 20+ 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 Junior Manager at Ageas Federal Life Insurance in Mumbai?
To be a Junior Manager at Ageas Federal Life Insurance in Mumbai, the key skills required include:

  • - Life Insurance
  • - Actuarial
  • - LI
  • - Standard Operating Procedures
  • - Fund Accounting

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 Junior Manager in India?
Paytm ₹4.7 Lakhs to ₹12.0 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 Junior Manager in companies similar to Ageas Federal Life Insurance in Mumbai?
The salary of a Junior Manager at companies similar to Ageas Federal Life Insurance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Mukand Limited ₹5.0 Lakhs to ₹8.7 Lakhs per year
JSW Steel ₹4.1 Lakhs to ₹10.5 Lakhs per year
Viraj Profiles ₹2.4 Lakhs to ₹9.5 Lakhs per year
JSW Group ₹4.2 Lakhs to ₹9.8 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 Junior Manager at Ageas Federal Life Insurance in Mumbai?
The salary growth for a Junior Manager at Ageas Federal Life Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Junior Manager in Mumbai can expect the following growth trajectory at Ageas Federal Life Insurance:

Experience Average Salary Range
7 years ₹6.5 Lakhs to ₹8.3 Lakhs per year
8 years ₹5.3 Lakhs to ₹11.0 Lakhs per year
9 years ₹5.8 Lakhs to ₹8.4 Lakhs per year
10 years ₹5.5 Lakhs to ₹9.1 Lakhs per year
and so on.

Tell us how to improve this page.

Ageas Federal Life Insurance Junior Manager salary in Mumbai ranges between ₹4.1 Lakhs to ₹11 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 21 Ageas Federal Life Insurance latest salaries received from various employees of Ageas Federal Life Insurance.