Ageas Federal Life Insurance Sales Manager Salaries by 20+ Employees

1 - 10 years exp.

₹2.9 Lakhs - ₹7.6 Lakhs

Salary of majority employees

36% less than the average Sales Manager Salary in Insurance Companies for 1 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Sales Manager Salary 4 - 10 years exp. (5 salaries)	₹2.9 L/yr - ₹7.5 L/yr
Marketing & Communication Sales Manager Salary 5 - 9 years exp. (4 salaries)	₹4.5 L/yr - ₹7.6 L/yr
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Sales & Business Development Sales Manager Salary 1 - 4 years exp. (4 salaries)	₹3 L/yr - ₹5 L/yr
Customer Success, Service & Operations Sales Manager Salary 1 - 5 years exp. (3 salaries)	₹3.5 L/yr - ₹4.4 L/yr

Last Updated: 27 Aug 2024

Companies similar to Ageas Federal Life Insurance for Sales Manager

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Health Insurance Co Sales Manager Salary 0 - 8 years exp. (413 salaries)	₹2.6 L/yr - ₹5.1 L/yr 11% less
Future Generali India Life Insurance Sales Manager Salary 0 - 9 years exp. (208 salaries)	₹2.2 L/yr - ₹6.3 L/yr 16% less	43 job openings
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Cholamandalam MS General Insurance Sales Manager Salary 1 - 10 years exp. (193 salaries)	₹1.7 L/yr - ₹6 L/yr 8% less
Bharti AXA Life Insurance Sales Manager Salary 1 - 12 years exp. (119 salaries)	₹2.1 L/yr - ₹7.4 L/yr 6% less	1 job opening
Aviva Life Insurance India Sales Manager Salary 1 - 13 years exp. (111 salaries)	₹1.9 L/yr - ₹5.3 L/yr 14% less
Edelweiss Life Insurance Sales Manager Salary 3 - 9 years exp. (41 salaries)	₹2.5 L/yr - ₹6 L/yr 13% less
MetLife Sales Manager Salary 1 - 7 years exp. (22 salaries)	₹1.8 L/yr - ₹4 L/yr 28% less
IndiaFirst Life Insurance Sales Manager Salary 2 - 8 years exp. (21 salaries)	₹2.4 L/yr - ₹6.1 L/yr 12% less
Magma HDI General Insurance Sales Manager Salary 0 - 13 years exp. (18 salaries)	₹3.3 L/yr - ₹7.3 L/yr 1% less
Royal Sundaram General Insurance Sales Manager Salary 1 - 10 years exp. (18 salaries)	₹1.8 L/yr - ₹8.9 L/yr 9% less
Liberty General Insurance Sales Manager Salary 4 - 10 years exp. (16 salaries)	₹2.8 L/yr - ₹8.2 L/yr 20% more
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ManipalCigna Health Insurance Sales Manager Salary 1 - 15 years exp. (15 salaries)	₹3 L/yr - ₹6 L/yr 16% less
Bajaj Capital Insurance Sales Manager Salary 1 - 7 years exp. (14 salaries)	₹0.3 L/yr - ₹4.3 L/yr 49% less
Universal Sompo General Insurance Sales Manager Salary 3 - 15 years exp. (13 salaries)	₹2.1 L/yr - ₹6.5 L/yr 20% more
Aegon Life Insurance Sales Manager Salary 3 - 9 years exp. (12 salaries)	₹3.5 L/yr - ₹6 L/yr 3% less
Shriram General Insurance Sales Manager Salary 2 - 13 years exp. (6 salaries)	₹2.5 L/yr - ₹3.5 L/yr 32% less
CignaTTk Health Insurance Sales Manager Salary 1 - 7 years exp. (4 salaries)	₹2.9 L/yr - ₹3.1 L/yr 35% less
Aegon Religare Life Insurance Sales Manager Salary 5 - 8 years exp. (4 salaries)	₹4.8 L/yr - ₹5.3 L/yr 11% more
Medi Assist India Sales Manager Salary 1 - 5 years exp. (4 salaries)	₹1.9 L/yr - ₹14.2 L/yr 65% more
Allianz Partners Sales Manager Salary 15 - 17 years exp. (3 salaries)	₹15 L/yr - ₹18.5 L/yr 282% more

Sales Manager salary at Ageas Federal Life Insurance ranges between ₹2.9 Lakhs to ₹7.6 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 25 latest salaries received from various employees of Ageas Federal Life Insurance.

Experience wise Ageas Federal Life Insurance Sales Manager salaries

Last Updated: 27 Aug 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3 L/yr - ₹7.2 L/yr
2 years (4 salaries)	₹3 L/yr - ₹4.3 L/yr
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3 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹7.6 L/yr
4 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹5 L/yr
5 years (5 salaries)	₹2.9 L/yr - ₹5 L/yr
6 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.3 L/yr
7 years (3 salaries)	₹3.5 L/yr - ₹6.1 L/yr
8 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹6.9 L/yr
9 years (AmbitionBox Estimate)	₹2 L/yr - ₹7.6 L/yr
10 years (3 salaries)	₹4.2 L/yr - ₹7.5 L/yr

View all

Similar Designation salaries in Ageas Federal Life Insurance

Area Manager Salary

(5 salaries)

₹16.25 L/yr - ₹21 L/yr

Branch Manager Salary

(11 salaries)

₹7 L/yr - ₹12 L/yr

Area Sales Manager Salary

(5 salaries)

₹6.8 L/yr - ₹17.4 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹4 L/yr - ₹5.1 L/yr

Deputy Manager Salary

(7 salaries)

₹3.1 L/yr - ₹5.75 L/yr

Senior Sales Manager Salary

(9 salaries)

₹4.5 L/yr - ₹5 L/yr

Marketing Manager Salary

(4 salaries)

₹10.95 L/yr - ₹15 L/yr

Regional Manager Salary

(AmbitionBox Estimate)

₹16.9 L/yr - ₹21.6 L/yr

Sales Executive Salary

(6 salaries)

₹0.5 L/yr - ₹3 L/yr

Territory Manager Salary

(22 salaries)

₹8.4 L/yr - ₹17.1 L/yr

Top skills at Ageas Federal Life Insurance for Sales Manager

Sales Management Sales Agent Recruitment Agency Channel Advising Tied Channel Team Handling Life Insurance Bancassurance Agency Sales agency development Relationship Management Branch Banking Insurance Insurance Sales

Salary related reviews for Ageas Federal Life Insurance

2.9

Rated by 7 employees for salary & benefits

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 .

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

see more salary related reviews

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Ageas Federal Life Insurance Sales Manager Salary FAQs

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

The average salary of a Sales Manager at Ageas Federal Life Insurance in India typically ranges from ₹2.9 Lakhs to ₹7.6 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of Sales Manager at Ageas Federal Life Insurance earn more than ₹7.5 Lakhs per year, and the top 1% earn over ₹7.6 Lakhs per year. Sales 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 Sales Manager at Ageas Federal Life Insurance in India?

The estimated take-home salary of a Sales Manager at Ageas Federal Life Insurance in India typically ranges from ₹33,805 to ₹35,063 per month. This is based on the average salary range of ₹2.9 Lakhs to ₹7.6 Lakhs per year for employees with experience ranging from 1 year to 10 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 Sales Manager at Ageas Federal Life Insurance ?

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

- Sales Management
- Sales
- Agent Recruitment
- Agency Channel
- Advising

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 Sales Manager in India?

Allianz Partners	₹15.0 Lakhs to ₹18.5 Lakhs per year
Medi Assist India	₹1.9 Lakhs to ₹14.2 Lakhs per year
Universal Sompo General Insurance	₹2.1 Lakhs to ₹6.5 Lakhs per year
Liberty General Insurance	₹2.8 Lakhs to ₹8.2 Lakhs per year
Aegon Religare Life Insurance	₹4.8 Lakhs to ₹5.3 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 Sales Manager in companies similar to Ageas Federal Life Insurance in India?

The salary of a Sales 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:

Magma HDI General Insurance	₹3.3 Lakhs to ₹7.3 Lakhs per year
Aegon Life Insurance	₹3.5 Lakhs to ₹6.0 Lakhs per year
Bharti AXA Life Insurance	₹2.1 Lakhs to ₹7.4 Lakhs per year
Cholamandalam MS General Insurance	₹1.7 Lakhs to ₹6.0 Lakhs per year
Royal Sundaram General Insurance	₹1.8 Lakhs to ₹8.9 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 Sales Manager at Ageas Federal Life Insurance in India?

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

Experience	Average Salary Range
1 year	₹3.0 Lakhs to ₹7.2 Lakhs per year
2 years	₹3.0 Lakhs to ₹4.3 Lakhs per year
3 years	₹3.3 Lakhs to ₹7.6 Lakhs per year
4 years	₹2.9 Lakhs to ₹5.0 Lakhs per year

and so on.

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Ageas Federal Life Insurance Sales Manager Salaries

Ageas Federal Life Insurance Sales Manager salary in India ranges between ₹2.9 Lakhs to ₹7.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 25 Ageas Federal Life Insurance latest salaries received from various employees of Ageas Federal Life Insurance.