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Ageas Federal Life Insurance Senior Executive salaries in Mumbai (Updated 2025)

Annual salary range
3 - 10 years exp.
₹3.3 Lakhs - ₹7.4 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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At par with the average Senior Executive Salary in Insurance Companies for 3 - 10 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Senior Executive Salary
3 - 10 years exp. (25 salaries)
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₹3.5 L/yr - ₹6.7 L/yr

BFSI, Investments & Trading
Senior Executive Salary
4 - 10 years exp. (21 salaries)
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₹3.3 L/yr - ₹7 L/yr

Finance & Accounting
Senior Executive Salary
3 - 10 years exp. (6 salaries)
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₹4.1 L/yr - ₹7.4 L/yr

Engineering - Software & QA
Senior Executive Salary
3 - 4 years exp. (3 salaries)
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₹5 L/yr - ₹6.2 L/yr

Last Updated: 23 Mar 2025

Companies similar to Ageas Federal Life Insurance for Senior Executive in Mumbai

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Ageas Federal Life Insurance Senior Executive Salary

3 - 10 years exp. (60 salaries)

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₹3.3 L/yr - ₹7.4 L/yr

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Senior Executive salary at Ageas Federal Life Insurance ranges between ₹3.3 Lakhs to ₹7.4 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 60 latest salaries received from various employees of Ageas Federal Life Insurance.

Latest annual salaries shared by Ageas Federal Life Insurance Senior Executive in Mumbai

2w ago
₹6 Lakhs
6 years exp.
3w ago
₹6 Lakhs
10 years exp.
2mo ago
₹6 Lakhs
3 years exp.
2mo ago
₹5.1 Lakhs
10 years exp.
3mo ago
₹7 Lakhs
5 years exp.
3mo ago
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9 years exp.
3mo ago
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5 years exp.
4mo ago
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7 years exp.
6mo ago
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7 years exp.
6mo ago
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4 years exp.

Experience wise Ageas Federal Life Insurance Senior Executive salaries in Mumbai

Last Updated: 23 Mar 2025

Experience Avg Annual Salary
3 years  (6 salaries)

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₹4.1 L/yr - ₹6 L/yr
4 years  (8 salaries)

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₹3.3 L/yr - ₹6.1 L/yr
5 years  (11 salaries)

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₹3.6 L/yr - ₹7 L/yr
6 years  (7 salaries)

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₹3.7 L/yr - ₹6 L/yr
7 years  (10 salaries)

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₹3.6 L/yr - ₹7.4 L/yr
View all

Similar Designation salaries in Ageas Federal Life Insurance

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₹3.05 L/yr - ₹7 L/yr
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₹3.5 L/yr - ₹5 L/yr
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₹2.5 L/yr - ₹3.1 L/yr

Top skills at Ageas Federal Life Insurance for Senior Executive

Life Insurance LI Underwriting Actuarial New Business

Salary related reviews for Ageas Federal Life Insurance

4.0

Rated by 8 employees for salary & benefits

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

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

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

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

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 31 Jul 2023

1.0
 for  Salary and Benefits

Likes

...er joined as Agency leader and he did business of rs 8.5 lac in just two months.but company not giving him salary and commision.. every commitment was wrong.. even they fraudent to coustomer also.. totally bluff ..suggest to people don't go with this company. my father was in Baroda branch.finally he left company.

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Dislikes

Baroda branch.. one of the worst branch ..they not giving to salary As AL..even they made fool the coustomer also. zero service after you purchased policy..wrong commitment with coustomer.

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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Ageas Federal Life Insurance Senior Executive Salary FAQs

What is the salary of Senior Executive at Ageas Federal Life Insurance in Mumbai?
The average salary of a Senior Executive at Ageas Federal Life Insurance in Mumbai typically ranges from ₹3.3 Lakhs to ₹7.4 Lakhs per year, depending on experience (from 3 years to 10 years).

The top 10% of Senior Executive in Mumbai at Ageas Federal Life Insurance earn more than ₹6.1 Lakhs per year, and the top 1% earn over ₹7.4 Lakhs per year. Senior Executive 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 60+ Ageas Federal Life Insurance employees in India.
What is the estimated take home salary of a Senior Executive at Ageas Federal Life Insurance in Mumbai?
The estimated take-home salary of a Senior Executive at Ageas Federal Life Insurance in Mumbai typically ranges from ₹42,923 to ₹44,044 per month. This is based on the average salary range of ₹3.3 Lakhs to ₹7.4 Lakhs per year for employees with experience ranging from 3 years 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 60+ 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 Senior Executive at Ageas Federal Life Insurance in Mumbai?
To be a Senior Executive at Ageas Federal Life Insurance in Mumbai, the key skills required include:

  • - Life Insurance
  • - LI
  • - Underwriting
  • - Actuarial
  • - New Business

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 Senior Executive in India?
Royal Sundaram General Insurance ₹4.5 Lakhs to ₹7.6 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 Senior Executive in companies similar to Ageas Federal Life Insurance in Mumbai?
The salary of a Senior Executive at companies similar to Ageas Federal Life Insurance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Future Generali India Life Insurance ₹2.2 Lakhs to ₹8.0 Lakhs per year
Universal Sompo General Insurance ₹2.7 Lakhs to ₹7.0 Lakhs per year
CignaTTk Health Insurance ₹4.6 Lakhs to ₹5.8 Lakhs per year
Edelweiss Life Insurance ₹3.0 Lakhs to ₹7.4 Lakhs per year
Bharti AXA Life Insurance ₹3.1 Lakhs to ₹6.8 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 Senior Executive at Ageas Federal Life Insurance in Mumbai?
The salary growth for a Senior Executive at Ageas Federal Life Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Senior Executive in Mumbai can expect the following growth trajectory at Ageas Federal Life Insurance:

Experience Average Salary Range
3 years ₹4.1 Lakhs to ₹6.0 Lakhs per year
4 years ₹3.3 Lakhs to ₹6.1 Lakhs per year
5 years ₹3.6 Lakhs to ₹7.0 Lakhs per year
6 years ₹3.7 Lakhs to ₹6.0 Lakhs per year
and so on.

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Ageas Federal Life Insurance Senior Executive salary in Mumbai ranges between ₹3.3 Lakhs to ₹7.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 60 Ageas Federal Life Insurance latest salaries received from various employees of Ageas Federal Life Insurance.