Ageas Federal Life Insurance Mumbai Relationship Manager Salaries by 3 Employees

2 - 4 years exp.

₹3.1 Lakhs - ₹4 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

26% less than the average Relationship Manager Salary in Insurance Companies for 2 - 4 years of experience

Interested in this particular role? 5 job openings

Salaries in different departments

BFSI, Investments & Trading Relationship Manager Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
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Sales & Business Development Relationship Manager Salary 4 years exp. (AmbitionBox Estimate)	₹3.9 L/yr - ₹4 L/yr

Last Updated: 26 Mar 2023

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

Ageas Federal Life Insurance Relationship Manager Salary

2 - 4 years exp. (3 salaries)

₹3.1 L/yr - ₹4 L/yr

Company name	Avg Annual Salary	Open Jobs
Future Generali India Life Insurance Relationship Manager Salary 0 - 7 years exp. (48 salaries)	₹2.2 L/yr - ₹4 L/yr 14% less	48 job openings
Aegon Life Insurance Relationship Manager Salary 0 - 7 years exp. (34 salaries)	₹2.7 L/yr - ₹4.3 L/yr 13% less
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Edelweiss Life Insurance Relationship Manager Salary 2 - 6 years exp. (28 salaries)	₹2.8 L/yr - ₹5.5 L/yr At par	23 job openings
Cholamandalam MS General Insurance Relationship Manager Salary 1 - 8 years exp. (14 salaries)	₹2.5 L/yr - ₹4.6 L/yr 2% more
Bharti AXA Life Insurance Relationship Manager Salary 1 - 8 years exp. (14 salaries)	₹2.3 L/yr - ₹4.3 L/yr 9% less	1 job opening
ManipalCigna Health Insurance Relationship Manager Salary 2 - 7 years exp. (10 salaries)	₹2.7 L/yr - ₹4 L/yr 9% less
Universal Sompo General Insurance Relationship Manager Salary 0 - 8 years exp. (10 salaries)	₹3.5 L/yr - ₹5.2 L/yr 10% more	8 job openings
Aviva Life Insurance India Relationship Manager Salary 1 - 8 years exp. (8 salaries)	₹2.8 L/yr - ₹3.8 L/yr 4% less
Liberty General Insurance Relationship Manager Salary 5 - 12 years exp. (8 salaries)	₹4 L/yr - ₹6.5 L/yr 49% more	1 job opening
Magma HDI General Insurance Relationship Manager Salary 5 - 8 years exp. (7 salaries)	₹5 L/yr - ₹7.6 L/yr 56% more	1 job opening
Birla Sun Life Mutual Fund Relationship Manager Salary 2 - 5 years exp. (5 salaries)	₹5.2 L/yr - ₹7.3 L/yr 40% more
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Aditya Birla Health Insurance Co Relationship Manager Salary 1 - 7 years exp. (5 salaries)	₹5.5 L/yr - ₹6.2 L/yr 52% more
Bajaj Capital Insurance Relationship Manager Salary 3 - 6 years exp. (4 salaries)	₹3.1 L/yr - ₹5.4 L/yr 5% less
Marsh Relationship Manager Salary 3 - 6 years exp. (3 salaries)	₹13.8 L/yr - ₹17 L/yr 268% more

Relationship Manager salary at Ageas Federal Life Insurance ranges between ₹3.1 Lakhs to ₹4 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 3 latest salaries received from various employees of Ageas Federal Life Insurance.

Experience wise Ageas Federal Life Insurance Relationship Manager salaries in Mumbai

Last Updated: 26 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
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4 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr

From

Relationship Manager

0 - 9 years exp.

Senior Relationship Manager

3 - 9 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Ageas Federal Life Insurance

Territory Manager Salary

(5 salaries)

₹11.25 L/yr - ₹15.25 L/yr

Top skills at Ageas Federal Life Insurance for Relationship Manager

Relationship Management Sales Insurance Sales Marketing banca Business Development Life Insurance Banking Sales Relationship Management Financial Services Sales Bfsi Sales Bancassurance Insurance Sales insurance marketing Banking

Salary related reviews for Ageas Federal Life Insurance

3.0

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 Manager in Raipura

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.

Dislikes

Skill development - Bad

+5 more

Territory Manager in Bangalore / Bengaluru

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.

Job security - Poor

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

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 .

Salary - Excellent

+6 more

Dislikes

Salary .

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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 Relationship Manager Salary FAQs

How the salary growth look like for a Relationship Manager at Ageas Federal Life Insurance in Mumbai?

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

Experience	Average Salary Range
2 years	₹3.5 Lakhs to ₹4.5 Lakhs per year
3 years	₹3.5 Lakhs to ₹4.5 Lakhs per year
4 years	₹3.5 Lakhs to ₹4.5 Lakhs per year

and so on.

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Ageas Federal Life Insurance Relationship Manager Salaries in Mumbai

Ageas Federal Life Insurance Relationship Manager salary in Mumbai ranges between ₹3.1 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Ageas Federal Life Insurance latest salaries received from various employees of Ageas Federal Life Insurance.