Ageas Federal Life Insurance Mumbai Sales Manager Salaries by 2 Employees (Updated 2025)

6 - 14 years exp.

₹5.9 Lakhs - ₹7.6 Lakhs

Low Confidence

Salary of majority employees

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Salaries in different departments

BFSI, Investments & Trading Sales Manager Salary 6 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹7.9 L/yr
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Sales & Business Development Sales Manager Salary 14 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹10.8 L/yr

Last Updated: 18 Jan 2025

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

Ageas Federal Life Insurance Sales Manager Salary

6 - 14 years exp. (AmbitionBox Estimate)

₹5.9 L/yr - ₹7.6 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Sales Manager Salary 0 - 9 years exp. (117 salaries)	₹3 L/yr - ₹10 L/yr 4% more	1 job opening
HDFC Life Sales Manager Salary 0 - 10 years exp. (92 salaries)	₹2.2 L/yr - ₹7.5 L/yr 26% less	1 job opening
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SBI Life Insurance Company Sales Manager Salary 2 - 10 years exp. (3 salaries)	₹3.2 L/yr - ₹5.6 L/yr 43% less
Max Life Insurance Sales Manager Salary 0 - 11 years exp. (69 salaries)	₹2.3 L/yr - ₹6 L/yr 32% less	2 job openings
Kotak Mahindara Life Insurance Sales Manager Salary 0 - 10 years exp. (70 salaries)	₹2.6 L/yr - ₹5.5 L/yr 33% less	8 job openings
Bajaj Allianz Life Insurance Sales Manager Salary 0 - 8 years exp. (19 salaries)	₹2.4 L/yr - ₹5 L/yr 48% less	5 job openings
Reliance Nippon Life Insurance Sales Manager Salary 0 - 10 years exp. (24 salaries)	₹1.5 L/yr - ₹6 L/yr 45% less
Tata AIA Life Insurance Sales Manager Salary 3 - 10 years exp. (22 salaries)	₹3.5 L/yr - ₹7.9 L/yr 13% less	20 job openings
PNB MetLife Sales Manager Salary 1 - 9 years exp. (5 salaries)	₹3 L/yr - ₹6 L/yr 43% less	104 job openings
Aditya Birla Sun Life Insurance Sales Manager Salary 3 - 10 years exp. (40 salaries)	₹3 L/yr - ₹9.5 L/yr 3% less
Aditya Birla Health Insurance Co Sales Manager Salary 0 - 7 years exp. (63 salaries)	₹2.7 L/yr - ₹5.1 L/yr 38% less
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Future Generali India Life Insurance Sales Manager Salary 0 - 9 years exp. (24 salaries)	₹2.2 L/yr - ₹4.8 L/yr 45% less	41 job openings
Bharti AXA Life Insurance Sales Manager Salary 2 - 9 years exp. (12 salaries)	₹2.3 L/yr - ₹7 L/yr 33% less
Aviva Life Insurance India Sales Manager Salary 2 - 5 years exp. (3 salaries)	₹3 L/yr - ₹4.5 L/yr 42% less	1 job opening
Cholamandalam MS General Insurance Sales Manager Salary 4 - 10 years exp. (3 salaries)	₹3.8 L/yr - ₹6 L/yr 36% less
Edelweiss Life Insurance Sales Manager Salary 4 - 10 years exp. (3 salaries)	₹3.2 L/yr - ₹4 L/yr 42% less

Sales Manager salary at Ageas Federal Life Insurance ranges between ₹5.9 Lakhs to ₹7.6 Lakhs per year for employees with experience between 6 years to 14 years. Salary estimates are based on 2 latest salaries received from various employees of Ageas Federal Life Insurance.

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 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

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

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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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Ageas Federal Life Insurance Sales Manager Salary FAQs

What is the notice period for Sales Manager at Ageas Federal Life Insurance in Mumbai?

According to AmbitionBox, 100% of the Ageas Federal Life Insurance Sales Managers in Mumbai reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Ageas Federal Life Insurance Sales Manager Salaries in Mumbai

Ageas Federal Life Insurance Sales Manager salary in Mumbai ranges between ₹5.9 Lakhs to ₹7.6 Lakhs. This is an estimate based on latest salaries received from employees of Ageas Federal Life Insurance.