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3.7

based on 662 Reviews

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Ageas Federal Life Insurance Sales & Business Development Department Salaries in India

based on 291 latest salaries
Designation Avg Annual Salary Open Jobs

Relationship Bancassurance Manager

7 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr

Sales Manager 1

8 years exp. (AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.3 L/yr

Sales Manager Supervisor

18 years exp. (AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr

Senior Bancassurance Relationship Manager

2 years exp. (AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr

Senior Financial Manager

7 years exp. (AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr

SRM Manager

6 years exp. (AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr

Deputy Area Sales Manager

21 years exp. (AmbitionBox Estimate)
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₹12.6 L/yr - ₹16.1 L/yr

Branch Sales Head

15 years exp. (AmbitionBox Estimate)
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₹11 L/yr - ₹14 L/yr

Area Manager

19 years exp. (AmbitionBox Estimate)
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₹15.3 L/yr - ₹19.5 L/yr

Assistant Manager Bancassurance

1 year exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹3.9 L/yr

Senior Manager

19 years exp. (AmbitionBox Estimate)
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₹10.6 L/yr - ₹18 L/yr

Vice President

25 years exp. (AmbitionBox Estimate)
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₹47.5 L/yr - ₹52.5 L/yr

Development Manager

21 years exp. (AmbitionBox Estimate)
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₹4.8 L/yr - ₹6.1 L/yr

Associate Manager

5 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr

Last Updated: 30 Jan, 2025

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New Job, Higher Pay, Now I’m Feeling Awkward
I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!
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Salary related reviews for Ageas Federal Life Insurance

3.5

Rated by 67 employees for salary & benefits

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.

read more
  • Job security - Poor

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

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 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

Ageas Federal Life Insurance interview questions by designations

Relationship Manager (8)Senior Relationship Manager (4)Chief Relationship Manager (2)Unit Head (2)
View all 40 interview experiences
More about working at Ageas Federal Life Insurance

Ageas Federal Life Insurance Salary FAQs

How much does Ageas Federal Life Insurance pay per year?
The average Ageas Federal Life Insurance salary ranges from approximately ₹0.8 Lakh to ₹2.5 Lakhs per year for a Wealth Advisor and ₹32 Lakhs to ₹38 Lakhs per year for a Assistant Vice President. Salary estimates are based on 291 Ageas Federal Life Insurance salaries received from various employees of Ageas Federal Life Insurance. Ageas Federal Life Insurance employees rate the overall salary and benefits package 3.5/5 stars.
What is the highest salary in Ageas Federal Life Insurance?
The highest-paying job at Ageas Federal Life Insurance is a Assistant Vice President with a salary of ₹32 Lakhs to ₹38 Lakhs per year. The top 10% of employees earn more than ₹16 lakhs per year. The top 1% earn more than a whopping ₹41.48 lakhs per year.
What is the minimum salary in Ageas Federal Life Insurance?
Minimum salary at Ageas Federal Life Insurance depends on the role you are applying for. For Relationship Manager the minimum salary is ₹2.2 Lakhs to ₹5.5 Lakhs per year, and for Senior Relationship Manager the minimum salary is ₹3.1 Lakhs to ₹5 Lakhs per year and so on.
What is the salary package for freshers in Ageas Federal Life Insurance?
The average salary at Ageas Federal Life Insurance for freshers varies from ₹2 Lakhs to ₹3.5 Lakhs per year for Team Lead and ₹2.9 Lakhs to ₹4.1 Lakhs per year for Relationship Manager.
What is the notice period at Ageas Federal Life Insurance in Sales & Business Development Department?
According to AmbitionBox, 47% of the Ageas Federal Life Insurance employees in Sales & Business Development Department reported a notice period of 1 Month, 29% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 274 responses on AmbitionBox in last 2 years.

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Ageas Federal Life Insurance Sales & Business Development Salaries by Location

Average annual salary in Sales & Business Development department at Ageas Federal Life Insurance is INRunlock blur . Salary estimates are based on 291 Ageas Federal Life Insurance latest salaries received from various employees of Ageas Federal Life Insurance.

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