Ageas Federal Life Insurance Senior Manager Salaries by 30+ Employees (Updated 2025)

8 - 20 years exp.

₹15.6 Lakhs - ₹34.5 Lakhs

Salary of majority employees

9% less than the average Senior Manager Salary in Insurance Companies for 8 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Manager Salary 8 - 15 years exp. (5 salaries)	₹8 L/yr - ₹19.5 L/yr
Finance & Accounting Senior Manager Salary 9 - 20 years exp. (5 salaries)	₹14 L/yr - ₹25.6 L/yr
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Project & Program Management Senior Manager Salary 8 - 11 years exp. (4 salaries)	₹24.1 L/yr - ₹34.5 L/yr
Product Management Senior Manager Salary 10 - 16 years exp. (3 salaries)	₹10.5 L/yr - ₹25.5 L/yr
IT & Information Security Senior Manager Salary 16 - 17 years exp. (AmbitionBox Estimate)	₹15 L/yr - ₹23.5 L/yr

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Last Updated: 15 Jan 2025

Companies similar to Ageas Federal Life Insurance for Senior Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Senior Manager Salary 0 - 9 years exp. (464 salaries)	₹10.7 L/yr - ₹27 L/yr 10% less
HDFC Life Senior Manager Salary 2 - 18 years exp. (554 salaries)	₹9 L/yr - ₹25 L/yr 29% less	2 job openings
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SBI Life Insurance Company Senior Manager Salary 5 - 14 years exp. (55 salaries)	₹4.1 L/yr - ₹17.4 L/yr 50% less
Max Life Insurance Senior Manager Salary 4 - 17 years exp. (325 salaries)	₹6.3 L/yr - ₹27 L/yr 21% less	1 job opening
Kotak Mahindara Life Insurance Senior Manager Salary 0 - 15 years exp. (690 salaries)	₹3 L/yr - ₹12.1 L/yr 66% less	2 job openings
Bajaj Allianz Life Insurance Senior Manager Salary 2 - 18 years exp. (169 salaries)	₹6.1 L/yr - ₹17.1 L/yr 41% less	1 job opening
Reliance Nippon Life Insurance Senior Manager Salary 0 - 18 years exp. (206 salaries)	₹8.3 L/yr - ₹14.5 L/yr 55% less
Tata AIA Life Insurance Senior Manager Salary 8 - 19 years exp. (220 salaries)	₹10.8 L/yr - ₹38 L/yr 17% more	12 job openings
PNB MetLife Senior Manager Salary 7 - 16 years exp. (109 salaries)	₹4.5 L/yr - ₹18.8 L/yr 47% less	1 job opening
Aditya Birla Sun Life Insurance Senior Manager Salary 0 - 9 years exp. (95 salaries)	₹4 L/yr - ₹11.3 L/yr 55% less
Aditya Birla Health Insurance Co Senior Manager Salary 4 - 14 years exp. (113 salaries)	₹4 L/yr - ₹17 L/yr 52% less
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MetLife Senior Manager Salary 10 - 18 years exp. (90 salaries)	₹19 L/yr - ₹48.4 L/yr 81% more
Aviva Life Insurance India Senior Manager Salary 9 - 18 years exp. (60 salaries)	₹6 L/yr - ₹24.5 L/yr 25% less
IndiaFirst Life Insurance Senior Manager Salary 4 - 17 years exp. (65 salaries)	₹6.2 L/yr - ₹21.6 L/yr 33% less
Medi Assist India Senior Manager Salary 10 - 18 years exp. (61 salaries)	₹6.7 L/yr - ₹18.4 L/yr 32% less	1 job opening
Edelweiss Life Insurance Senior Manager Salary 7 - 18 years exp. (57 salaries)	₹9.4 L/yr - ₹10.8 L/yr 49% less
Bharti AXA Life Insurance Senior Manager Salary 7 - 17 years exp. (55 salaries)	₹6 L/yr - ₹20.1 L/yr 38% less
Digit Insurance Senior Manager Salary 5 - 17 years exp. (47 salaries)	₹12 L/yr - ₹34.1 L/yr 5% more
Axa XL Senior Manager Salary 7 - 17 years exp. (47 salaries)	₹20 L/yr - ₹41.3 L/yr 69% more
Future Generali India Life Insurance Senior Manager Salary 10 - 20 years exp. (71 salaries)	₹9 L/yr - ₹28 L/yr 11% less	1 job opening

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Senior Manager salary at Ageas Federal Life Insurance ranges between ₹15.6 Lakhs to ₹34.5 Lakhs per year for employees with experience between 8 years to 20 years. Salary estimates are based on 31 latest salaries received from various employees of Ageas Federal Life Insurance.

Experience wise Ageas Federal Life Insurance Senior Manager salaries

Last Updated: 15 Jan 2025

Experience	Avg Annual Salary
8 years (3 salaries)	₹21 L/yr - ₹29.2 L/yr
9 years (5 salaries)	₹20 L/yr - ₹34.5 L/yr
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10 years (7 salaries)	₹13.6 L/yr - ₹30.5 L/yr
11 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹25.6 L/yr
12 years (AmbitionBox Estimate)	₹18.9 L/yr - ₹24.2 L/yr
13 years (AmbitionBox Estimate)	₹18.3 L/yr - ₹23.4 L/yr
14 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹35.4 L/yr
15+ years (12 salaries)	₹6.9 L/yr - ₹23.5 L/yr

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Similar Designation salaries in Ageas Federal Life Insurance

Regional Manager Salary

(AmbitionBox Estimate)

₹16.9 L/yr - ₹21.6 L/yr

Deputy Manager Salary

(5 salaries)

₹3.1 L/yr - ₹4.3 L/yr

Territory Manager Salary

(21 salaries)

₹8.4 L/yr - ₹17.1 L/yr

Sales Manager Salary

(34 salaries)

₹2.9 L/yr - ₹9.32 L/yr

Senior Sales Manager Salary

(9 salaries)

₹4.5 L/yr - ₹5 L/yr

Branch Manager Salary

(7 salaries)

₹8.5 L/yr - ₹12 L/yr

Area Manager Salary

(5 salaries)

₹10 L/yr - ₹17 L/yr

Marketing Manager Salary

(4 salaries)

₹10.95 L/yr - ₹15 L/yr

Area Sales Manager Salary

(4 salaries)

₹6.8 L/yr - ₹17.4 L/yr

Relationship Manager Salary

(203 salaries)

₹2.2 L/yr - ₹5.5 L/yr

Top skills at Ageas Federal Life Insurance for Senior Manager

Life Insurance Project Management Process Excellence Process Improvement Quality Check

Salary related reviews for Ageas Federal Life Insurance

4.2

Rated by 6 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

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.

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..

Dislikes

more working pressure

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 .

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Ageas Federal Life Insurance Senior Manager Salary FAQs

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

Senior Manager salary at Ageas Federal Life Insurance in India ranges between ₹15.6 Lakhs to ₹34.5 Lakhs for experience between 8 years to 20 years. According to our estimates it is 9% less than the average Senior Manager Salary in India. Salary estimates are based on 31 latest salaries received from various employees of Ageas Federal Life Insurance India.

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

The average salary of a Senior Manager at Ageas Federal Life Insurance is 9% less than the average salary of a Senior Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Senior Manager at Ageas Federal Life Insurance?

Life Insurance, Project Management, Process Excellence, Process Improvement and Quality Check are some of the popular skills required to work as a Senior Manager at Ageas Federal Life Insurance India.

Which similar companies are paying more than Ageas Federal Life Insurance to a Senior Manager in India?

Principal Global Services Senior Manager Salary - ₹32.0 Lakhs to ₹50.0 Lakhs per year
MetLife Senior Manager Salary - ₹19.0 Lakhs to ₹48.4 Lakhs per year
Axa XL Senior Manager Salary - ₹20.0 Lakhs to ₹41.3 Lakhs per year
Swiss Re Senior Manager Salary - ₹10.3 Lakhs to ₹45.0 Lakhs per year
Allianz Services Senior Manager Salary - ₹22.0 Lakhs to ₹26.0 Lakhs per year

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

Tata AIA Life Insurance Senior Manager Salary - ₹10.8 Lakhs to ₹38.0 Lakhs per year
Digit Insurance Senior Manager Salary - ₹12.0 Lakhs to ₹34.1 Lakhs per year
Allianz Partners Senior Manager Salary - ₹10.8 Lakhs to ₹20.0 Lakhs per year
ICICI Prudential Life Insurance Senior Manager Salary - ₹10.7 Lakhs to ₹27.0 Lakhs per year
Future Generali India Life Insurance Senior Manager Salary - ₹9.0 Lakhs to ₹28.0 Lakhs per year

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

The estimated take-home salary of a Senior Manager at Ageas Federal Life Insurance ranges between ₹1,30,060 per month to ₹1,34,656 per month in India. The take-home salary calculation is based on the average Ageas Federal Life Insurance Senior Manager salary in India which ranges between ₹15.6 Lakhs to ₹34.5 Lakhs per year for employees with experience between 8 years to 20 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 81% of the Ageas Federal Life Insurance Senior Managers reported a notice period of 3 Months, 11% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 26 responses on AmbitionBox in last 2 years.

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Ageas Federal Life Insurance Senior Manager Salaries

Ageas Federal Life Insurance Senior Manager salary in India ranges between ₹15.6 Lakhs to ₹34.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 31 Ageas Federal Life Insurance latest salaries received from various employees of Ageas Federal Life Insurance.