Ageas Federal Life Insurance Senior Branch Manager Salaries by 4 Employees (Updated 2024)

10 - 16 years exp.

₹10 Lakhs - ₹18.7 Lakhs

Low Confidence

Salary of majority employees

28% more than the average Senior Branch Manager Salary in Insurance Companies for 10 - 16 years of experience

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Last Updated: 5 Dec 2024

Companies similar to Ageas Federal Life Insurance for Senior Branch Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Senior Branch Manager Salary 10 - 18 years exp. (27 salaries)	₹10 L/yr - ₹16 L/yr 3% less
HDFC Life Senior Branch Manager Salary 10 - 20 years exp. (93 salaries)	₹7.8 L/yr - ₹15.4 L/yr 18% less
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SBI Life Insurance Company Senior Branch Manager Salary 10 - 22 years exp. (66 salaries)	₹9 L/yr - ₹17 L/yr 7% less
Max Life Insurance Senior Branch Manager Salary 5 - 25 years exp. (12 salaries)	₹9 L/yr - ₹11.5 L/yr 20% less
Kotak Mahindara Life Insurance Senior Branch Manager Salary 12 - 19 years exp. (9 salaries)	₹9.1 L/yr - ₹14.3 L/yr 17% less
Bajaj Allianz Life Insurance Senior Branch Manager Salary 10 - 18 years exp. (133 salaries)	₹6 L/yr - ₹15.3 L/yr 25% less
Reliance Nippon Life Insurance Senior Branch Manager Salary 6 - 19 years exp. (107 salaries)	₹6.5 L/yr - ₹14 L/yr 31% less
Tata AIA Life Insurance Senior Branch Manager Salary 10 - 22 years exp. (16 salaries)	₹11.9 L/yr - ₹17 L/yr 2% less	1 job opening
PNB MetLife Senior Branch Manager Salary 11 - 20 years exp. (38 salaries)	₹12 L/yr - ₹16.5 L/yr 2% less
Aditya Birla Sun Life Insurance Senior Branch Manager Salary 5 - 21 years exp. (6 salaries)	₹8 L/yr - ₹16 L/yr 16% less
Future Generali India Life Insurance Senior Branch Manager Salary 9 - 19 years exp. (64 salaries)	₹6.5 L/yr - ₹15.8 L/yr 16% less
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Bharti AXA Life Insurance Senior Branch Manager Salary 12 - 23 years exp. (34 salaries)	₹9 L/yr - ₹15 L/yr 18% less
Aditya Birla Health Insurance Co Senior Branch Manager Salary 6 - 19 years exp. (21 salaries)	₹9 L/yr - ₹12.3 L/yr 19% less
Cholamandalam MS General Insurance Senior Branch Manager Salary 7 - 18 years exp. (17 salaries)	₹5.6 L/yr - ₹8.5 L/yr 50% less
ManipalCigna Health Insurance Senior Branch Manager Salary 13 - 15 years exp. (5 salaries)	₹8 L/yr - ₹9.8 L/yr 35% less
Aviva Life Insurance India Senior Branch Manager Salary 11 - 15 years exp. (4 salaries)	₹6.6 L/yr - ₹12.7 L/yr 44% less
Edelweiss Tokio Life Insurance Senior Branch Manager Salary 5 - 16 years exp. (4 salaries)	₹5.7 L/yr - ₹11.5 L/yr 33% less

Senior Branch Manager salary at Ageas Federal Life Insurance ranges between ₹10 Lakhs to ₹18.7 Lakhs per year for employees with experience between 10 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of Ageas Federal Life Insurance.

Experience wise Ageas Federal Life Insurance Senior Branch Manager salaries

Last Updated: 5 Dec 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
11 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
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12 years (AmbitionBox Estimate)	₹14.4 L/yr - ₹18.4 L/yr
15+ years (AmbitionBox Estimate)	₹16.8 L/yr - ₹21.4 L/yr

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Operations Manager Salary

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Territory Manager Salary

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₹8.4 L/yr - ₹17.1 L/yr

Sales Manager Salary

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Branch Sales Manager Salary

(AmbitionBox Estimate)

₹9.9 L/yr - ₹12.6 L/yr

Salary related reviews for Ageas Federal Life Insurance

5.0

Rated by 1 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

Dislikes

9 hours complusory sitting and bimoetric some departments are not at all good Cafeteria will make you starve for good food

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

Dislikes

Worst selling practice, worst management, worst incentive packages makes the company worst place to work with

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

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.

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.

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 .

Dislikes

Salary .

see more salary related reviews

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Ageas Federal Life Insurance Senior Branch Manager Salary FAQs

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

Senior Branch Manager salary at Ageas Federal Life Insurance in India ranges between ₹10.0 Lakhs to ₹18.7 Lakhs for experience between 10 years to 16 years. According to our estimates it is 28% more than the average Senior Branch Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Ageas Federal Life Insurance India.

How does the salary of a Senior Branch Manager at Ageas Federal Life Insurance India compare with the average salary range for this job?

The average salary of a Senior Branch Manager at Ageas Federal Life Insurance is 28% more than the average salary of a Senior Branch Manager in India. To know exact salary insights, login to view.

What is the salary of a Senior Branch Manager in companies similar to Ageas Federal Life Insurance in India?

Tata AIA Life Insurance Senior Branch Manager Salary - ₹11.9 Lakhs to ₹17.0 Lakhs per year
PNB MetLife Senior Branch Manager Salary - ₹12.0 Lakhs to ₹16.5 Lakhs per year
ICICI Prudential Life Insurance Senior Branch Manager Salary - ₹10.0 Lakhs to ₹16.0 Lakhs per year
SBI Life Insurance Company Senior Branch Manager Salary - ₹9.0 Lakhs to ₹17.0 Lakhs per year
Aditya Birla Sun Life Insurance Senior Branch Manager Salary - ₹8.0 Lakhs to ₹16.0 Lakhs per year

What is the estimated take home salary of a Senior Branch Manager at Ageas Federal Life Insurance in India?

The estimated take-home salary of a Senior Branch Manager at Ageas Federal Life Insurance ranges between ₹97,171 per month to ₹99,801 per month in India. The take-home salary calculation is based on the average Ageas Federal Life Insurance Senior Branch Manager salary in India which ranges between ₹10.0 Lakhs to ₹18.7 Lakhs per year for employees with experience between 10 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Senior Branch Manager at Ageas Federal Life Insurance?

According to AmbitionBox, 33% of the Ageas Federal Life Insurance Senior Branch Managers reported a notice period of 1 Month, 34% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 3 responses on AmbitionBox in last 2 years.

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Ageas Federal Life Insurance Senior Branch Manager Salaries

Ageas Federal Life Insurance Senior Branch Manager salary in India ranges between ₹10 Lakhs to ₹18.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Ageas Federal Life Insurance latest salaries received from various employees of Ageas Federal Life Insurance.