Ageas Federal Life Insurance Territory Manager Salaries by 10+ Employees (Updated 2025)

9 - 18 years exp.

₹11 Lakhs - ₹15.9 Lakhs

Salary of majority employees

62% more than the average Territory Manager Salary in Insurance Companies for 9 - 18 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading Territory Manager Salary 12 - 18 years exp. (7 salaries)	₹11 L/yr - ₹15.9 L/yr
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Sales & Business Development Territory Manager Salary 9 - 18 years exp. (7 salaries)	₹11.3 L/yr - ₹15.3 L/yr

Last Updated: 5 Feb 2025

Companies similar to Ageas Federal Life Insurance for Territory Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Territory Manager Salary 7 - 9 years exp. (4 salaries)	₹5.5 L/yr - ₹6.2 L/yr 52% less
HDFC Life Territory Manager Salary 8 - 20 years exp. (250 salaries)	₹10 L/yr - ₹21 L/yr 13% more
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SBI Life Insurance Company Territory Manager Salary 4 - 15 years exp. (100 salaries)	₹4 L/yr - ₹7 L/yr 56% less
Max Life Insurance Territory Manager Salary 10 - 18 years exp. (39 salaries)	₹7.5 L/yr - ₹19 L/yr 13% more
Bajaj Allianz Life Insurance Territory Manager Salary 4 - 23 years exp. (230 salaries)	₹3.7 L/yr - ₹8.5 L/yr 47% less
Reliance Nippon Life Insurance Territory Manager Salary 5 - 17 years exp. (100 salaries)	₹4 L/yr - ₹12 L/yr 41% less
Tata AIA Life Insurance Territory Manager Salary 5 - 14 years exp. (79 salaries)	₹5.5 L/yr - ₹10.5 L/yr 34% less	4 job openings
PNB MetLife Territory Manager Salary 4 - 17 years exp. (266 salaries)	₹4.5 L/yr - ₹10.3 L/yr 37% less
Aditya Birla Sun Life Insurance Territory Manager Salary 2 - 13 years exp. (11 salaries)	₹6 L/yr - ₹9 L/yr 43% less
Edelweiss Life Insurance Territory Manager Salary 0 - 20 years exp. (62 salaries)	₹5 L/yr - ₹8.5 L/yr 43% less	2 job openings
Aviva Life Insurance India Territory Manager Salary 5 - 14 years exp. (56 salaries)	₹5.4 L/yr - ₹10.1 L/yr 41% less	1 job opening
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Royal Sundaram General Insurance Territory Manager Salary 3 - 16 years exp. (37 salaries)	₹3 L/yr - ₹7.2 L/yr 57% less
Cholamandalam MS General Insurance Territory Manager Salary 11 - 15 years exp. (35 salaries)	₹5 L/yr - ₹11 L/yr 35% less
Digit Insurance Territory Manager Salary 15 - 23 years exp. (6 salaries)	₹5.3 L/yr - ₹9.2 L/yr 41% less	2 job openings
MetLife Territory Manager Salary 7 - 14 years exp. (4 salaries)	₹6 L/yr - ₹8.7 L/yr 39% less
Allianz Partners Territory Manager Salary 4 - 6 years exp. (3 salaries)	₹4 L/yr - ₹4.1 L/yr 67% less
Bharti AXA Life Insurance Territory Manager Salary 5 - 10 years exp. (3 salaries)	₹5.8 L/yr - ₹7.5 L/yr 44% less
Shriram General Insurance Territory Manager Salary 11 - 17 years exp. (3 salaries)	₹3.1 L/yr - ₹9.5 L/yr 50% less
Universal Sompo General Insurance Territory Manager Salary 3 - 14 years exp. (3 salaries)	₹4 L/yr - ₹13.5 L/yr 40% less

Territory Manager salary at Ageas Federal Life Insurance ranges between ₹11 Lakhs to ₹15.9 Lakhs per year for employees with experience between 9 years to 18 years. Salary estimates are based on 19 latest salaries received from various employees of Ageas Federal Life Insurance.

Experience wise Ageas Federal Life Insurance Territory Manager salaries

Last Updated: 5 Feb 2025

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹11.3 L/yr - ₹20.6 L/yr
10 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹12.3 L/yr
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11 years (AmbitionBox Estimate)	₹10.6 L/yr - ₹13.5 L/yr
12 years (3 salaries)	₹11.6 L/yr - ₹14.2 L/yr
13 years (AmbitionBox Estimate)	₹11 L/yr - ₹13.5 L/yr
14 years (4 salaries)	₹12.1 L/yr - ₹15.9 L/yr
15+ years (8 salaries)	₹11 L/yr - ₹15.9 L/yr

View all

Similar Designation salaries in Ageas Federal Life Insurance

Territory Sales Manager Salary

(5 salaries)

₹11 L/yr - ₹16.6 L/yr

Deputy Manager Salary

(7 salaries)

₹3.1 L/yr - ₹5.75 L/yr

Area Manager Salary

(5 salaries)

₹10 L/yr - ₹17 L/yr

Territory Business Manager Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Area Sales Manager Salary

(5 salaries)

₹6.8 L/yr - ₹17.4 L/yr

Sales Manager Salary

(34 salaries)

₹2 L/yr - ₹9.32 L/yr

Senior Sales Manager Salary

(9 salaries)

₹4.5 L/yr - ₹5 L/yr

Relationship Manager Salary

(198 salaries)

₹2.2 L/yr - ₹5.4 L/yr

Team Lead Salary

(22 salaries)

₹1.8 L/yr - ₹3.5 L/yr

Assistant Sales Manager Salary

(4 salaries)

₹2.6 L/yr - ₹4.1 L/yr

Top skills at Ageas Federal Life Insurance for Territory Manager

Sales Relationship Management Territory Management Monitoring Sales Management Sales Process Banking Team Handling agency Area Management banca banca sales Relationship Product Management Relationship Management

Salary related reviews for Ageas Federal Life Insurance

3.1

Rated by 5 employees for salary & benefits

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

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

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

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 .

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.

Salary - Good

+5 more

Dislikes

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

Promotions - Poor

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Ageas Federal Life Insurance Territory Manager Salary FAQs

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

Territory Manager salary at Ageas Federal Life Insurance in India ranges between ₹11.0 Lakhs to ₹15.9 Lakhs for experience between 9 years to 18 years. According to our estimates it is 62% more than the average Territory Manager Salary in India. Salary estimates are based on 19 latest salaries received from various employees of Ageas Federal Life Insurance India.

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

The average salary of a Territory Manager at Ageas Federal Life Insurance is 62% more than the average salary of a Territory Manager in India. To know exact salary insights, login to view.

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

Sales, Relationship Management, Territory Management, Monitoring and Sales Management are some of the popular skills required to work as a Territory Manager at Ageas Federal Life Insurance India.

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

Max Life Insurance Territory Manager Salary - ₹7.5 Lakhs to ₹19.0 Lakhs per year
HDFC Life Territory Manager Salary - ₹10.0 Lakhs to ₹21.0 Lakhs per year

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

Tata AIA Life Insurance Territory Manager Salary - ₹5.5 Lakhs to ₹10.5 Lakhs per year
Cholamandalam MS General Insurance Territory Manager Salary - ₹5.0 Lakhs to ₹11.0 Lakhs per year
PNB MetLife Territory Manager Salary - ₹4.5 Lakhs to ₹10.3 Lakhs per year
MetLife Territory Manager Salary - ₹6.0 Lakhs to ₹8.7 Lakhs per year
Universal Sompo General Insurance Territory Manager Salary - ₹4.0 Lakhs to ₹13.5 Lakhs per year

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

The estimated take-home salary of a Territory Manager at Ageas Federal Life Insurance ranges between ₹86,494 per month to ₹88,761 per month in India. The take-home salary calculation is based on the average Ageas Federal Life Insurance Territory Manager salary in India which ranges between ₹11.0 Lakhs to ₹15.9 Lakhs per year for employees with experience between 9 years to 18 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 69% of the Ageas Federal Life Insurance Territory Managers reported a notice period of 3 Months, 31% reported a notice period of 1 Month.This is based on 16 responses on AmbitionBox in last 2 years.

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Ageas Federal Life Insurance Territory Manager Salaries

Ageas Federal Life Insurance Territory Manager salary in India ranges between ₹11 Lakhs to ₹15.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 19 Ageas Federal Life Insurance latest salaries received from various employees of Ageas Federal Life Insurance.