Ageas Federal Life Insurance Sales Manager Bancassurance Salaries by 3 Employees

8 - 13 years exp.

₹6 Lakhs - ₹7.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

50% more than the average Sales Manager Bancassurance Salary in Insurance Companies for 8 - 13 years of experience

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Last Updated: 15 Jul 2023

Sales Manager Bancassurance salary at Ageas Federal Life Insurance ranges between ₹6 Lakhs to ₹7.2 Lakhs per year for employees with experience between 8 years to 13 years. Salary estimates are based on 3 latest salaries received from various employees of Ageas Federal Life Insurance.

Experience wise Ageas Federal Life Insurance Sales Manager Bancassurance salaries

Last Updated: 15 Jul 2023

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
10 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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13 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.6 L/yr

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Salary related reviews for Ageas Federal Life Insurance

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

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

Senior Relationship Manager in Goregaon

Customer Success, Service & Operations Department

1.0

• posted on 11 Nov 2021

1.0

for Salary and Benefits

Likes

Not good place to work only trainer things they are running company and no one is doing work except him. Work culture is not good in Branch office..

Dislikes

...ess through banca channel and pressure is high in Agency even for banca is same. Even salary is not decent, training are given but in expectations of 1 cr business from every one. Otherwise trainer will not do his Lal front of HOD. So not good company to work in sales

Salary - Bad

+6 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.

Salary - Good

+5 more

Dislikes

Middle Management hasn't take care of Employees salary growth of operations Support Employees

Promotions - Poor

see more salary related reviews

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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 Sales Manager Bancassurance Salary FAQs

How the salary growth look like for a Sales Manager Bancassurance at Ageas Federal Life Insurance in India?

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

Experience	Average Salary Range
8 years	₹6.5 Lakhs to ₹8.3 Lakhs per year
10 years	₹5.4 Lakhs to ₹6.9 Lakhs per year
13 years	₹6.0 Lakhs to ₹7.6 Lakhs per year

and so on.

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Ageas Federal Life Insurance Sales Manager Bancassurance Salaries

Ageas Federal Life Insurance Sales Manager Bancassurance salary in India ranges between ₹6 Lakhs to ₹7.2 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.