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

1 - 8 years exp.

₹4 Lakhs - ₹4.4 Lakhs

Low Confidence

Salary of majority employees

10% less than the average SRM Manager Salary in Insurance Companies for 1 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading SRM Manager Salary 8 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr
Customer Success, Service & Operations SRM Manager Salary 1 year exp. (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.5 L/yr
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Sales & Business Development SRM Manager Salary 6 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.6 L/yr

Last Updated: 7 Dec 2024

Companies similar to Ageas Federal Life Insurance for SRM Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance SRM Manager Salary 3 - 5 years exp. (3 salaries)	₹3.9 L/yr - ₹4 L/yr 5% less
HDFC Life SRM Manager Salary 0 - 6 years exp. (12 salaries)	₹3.5 L/yr - ₹3.9 L/yr 12% less
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Max Life Insurance SRM Manager Salary 2 - 8 years exp. (9 salaries)	₹3 L/yr - ₹6 L/yr 9% more
Kotak Mahindara Life Insurance SRM Manager Salary 1 - 8 years exp. (3 salaries)	₹3.6 L/yr - ₹4 L/yr 7% less
Bajaj Allianz Life Insurance SRM Manager Salary 0 - 8 years exp. (24 salaries)	₹2.5 L/yr - ₹3.5 L/yr 26% less
Reliance Nippon Life Insurance SRM Manager Salary 1 - 2 years exp. (6 salaries)	₹2.4 L/yr - ₹2.7 L/yr 36% less
Tata AIA Life Insurance SRM Manager Salary 5 - 8 years exp. (4 salaries)	₹3.7 L/yr - ₹6 L/yr 15% more
PNB MetLife SRM Manager Salary 2 - 9 years exp. (34 salaries)	₹3.4 L/yr - ₹5.5 L/yr 5% more
Aviva Life Insurance India SRM Manager Salary 1 - 8 years exp. (4 salaries)	₹3.8 L/yr - ₹4.5 L/yr 1% less
Bharti AXA Life Insurance SRM Manager Salary 8 - 14 years exp. (4 salaries)	₹5.3 L/yr - ₹6.4 L/yr 32% more
IndiaFirst Life Insurance SRM Manager Salary 8 - 10 years exp. (3 salaries)	₹4.5 L/yr - ₹5.1 L/yr 15% more
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SRM Manager salary at Ageas Federal Life Insurance ranges between ₹4 Lakhs to ₹4.4 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Ageas Federal Life Insurance.

Experience wise Ageas Federal Life Insurance SRM Manager salaries

Last Updated: 7 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
6 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
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7 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
8 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr

Similar Designation salaries in Ageas Federal Life Insurance

Area Manager Salary

(5 salaries)

₹10 L/yr - ₹17 L/yr

Sales Manager Salary

(34 salaries)

₹2.9 L/yr - ₹9.32 L/yr

Branch Manager Salary

(9 salaries)

₹8.5 L/yr - ₹12 L/yr

Deputy Manager Salary

(5 salaries)

₹3.1 L/yr - ₹5.75 L/yr

Regional Manager Salary

(AmbitionBox Estimate)

₹16.9 L/yr - ₹21.6 L/yr

Area Sales Manager Salary

(3 salaries)

₹6.8 L/yr - ₹17.4 L/yr

Sales Officer Salary

(3 salaries)

₹2.8 L/yr - ₹4.7 L/yr

Marketing Manager Salary

(4 salaries)

₹10.95 L/yr - ₹15 L/yr

Territory Manager Salary

(21 salaries)

₹8.4 L/yr - ₹17.1 L/yr

Relationship Manager Salary

(223 salaries)

₹2.4 L/yr - ₹5.5 L/yr

Salary related reviews for Ageas Federal Life Insurance

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.

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 .

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.

Dislikes

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

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a technical project manager

Deadend

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 SRM Manager Salary FAQs

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

SRM Manager salary at Ageas Federal Life Insurance in India ranges between ₹4.0 Lakhs to ₹4.4 Lakhs for experience between 1 years to 8 years. According to our estimates it is 10% less than the average SRM 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 SRM Manager at Ageas Federal Life Insurance India compare with the average salary range for this job?

The average salary of a SRM Manager at Ageas Federal Life Insurance is 10% less than the average salary of a SRM Manager in India. To know exact salary insights, login to view.

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

Bharti AXA Life Insurance SRM Manager Salary - ₹5.3 Lakhs to ₹6.4 Lakhs per year
Tata AIA Life Insurance SRM Manager Salary - ₹3.7 Lakhs to ₹6.0 Lakhs per year
IndiaFirst Life Insurance SRM Manager Salary - ₹4.5 Lakhs to ₹5.1 Lakhs per year
Max Life Insurance SRM Manager Salary - ₹3.0 Lakhs to ₹6.0 Lakhs per year
PNB MetLife SRM Manager Salary - ₹3.4 Lakhs to ₹5.5 Lakhs per year

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

Aviva Life Insurance India SRM Manager Salary - ₹3.8 Lakhs to ₹4.5 Lakhs per year
ICICI Prudential Life Insurance SRM Manager Salary - ₹3.9 Lakhs to ₹4.0 Lakhs per year
Kotak Mahindara Life Insurance SRM Manager Salary - ₹3.6 Lakhs to ₹4.0 Lakhs per year
HDFC Life SRM Manager Salary - ₹3.5 Lakhs to ₹3.9 Lakhs per year
Bajaj Allianz Life Insurance SRM Manager Salary - ₹2.5 Lakhs to ₹3.5 Lakhs per year

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

The estimated take-home salary of a SRM Manager at Ageas Federal Life Insurance ranges between ₹30,836 per month to ₹32,138 per month in India. The take-home salary calculation is based on the average Ageas Federal Life Insurance SRM Manager salary in India which ranges between ₹4.0 Lakhs to ₹4.4 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Ageas Federal Life Insurance SRM Managers reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Ageas Federal Life Insurance SRM Manager Salaries

Ageas Federal Life Insurance SRM Manager salary in India ranges between ₹4 Lakhs to ₹4.4 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.