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Ageas Federal Life Insurance Territory Manager salaries in India (Updated 2025)

Annual salary range
8 - 18 years exp.
₹8.4 Lakhs - ₹17.1 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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70% more than the average Territory Manager Salary in Insurance Companies for 8 - 18 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Sales & Business Development
Territory Manager Salary
9 - 18 years exp. (8 salaries)
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₹11.3 L/yr - ₹15.3 L/yr

BFSI, Investments & Trading
Territory Manager Salary
12 - 18 years exp. (7 salaries)
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₹11.4 L/yr - ₹17.1 L/yr

Data Science & Analytics
Territory Manager Salary
8 - 10 years exp. (AmbitionBox Estimate)
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₹8.4 L/yr - ₹13.7 L/yr

Last Updated: 7 Mar 2025

Companies similar to Ageas Federal Life Insurance for Territory Manager

Company name Avg Annual Salary Open Jobs
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₹4.8 L/yr - ₹8.5 L/yr

arrow icon 46% less
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₹5.4 L/yr - ₹10.1 L/yr

arrow icon 44% less
2 job openings
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₹4.6 L/yr - ₹11 L/yr

arrow icon 38% less
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₹7 L/yr - ₹15 L/yr

arrow icon 9% less
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₹3.7 L/yr - ₹7.2 L/yr

arrow icon 60% less
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₹5.5 L/yr - ₹18 L/yr

arrow icon 10% less
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MetLife Territory Manager Salary

7 - 14 years exp. (4 salaries)

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₹6 L/yr - ₹8.7 L/yr

arrow icon 42% less
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Aegon Life Insurance Territory Manager Salary

6 - 15 years exp. (4 salaries)

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₹8.3 L/yr - ₹9.8 L/yr

arrow icon 28% less
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Allianz Partners Territory Manager Salary

4 - 6 years exp. (3 salaries)

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₹4 L/yr - ₹4.1 L/yr

arrow icon 69% less
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₹5.8 L/yr - ₹7.5 L/yr

arrow icon 47% less
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₹3.6 L/yr - ₹6 L/yr

arrow icon 64% less
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₹3.1 L/yr - ₹9.5 L/yr

arrow icon 53% less
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₹4 L/yr - ₹13.5 L/yr

arrow icon 43% less
Territory Manager salary at Ageas Federal Life Insurance ranges between ₹8.4 Lakhs to ₹17.1 Lakhs per year for employees with experience between 8 years to 18 years. Salary estimates are based on 22 latest salaries received from various employees of Ageas Federal Life Insurance.

Latest annual salaries shared by Ageas Federal Life Insurance Territory Manager

1mo ago
₹13 Lakhs
17 years exp.
3mo ago
₹15.3 Lakhs
18 years exp.
7mo ago
₹13.5 Lakhs
14 years exp.
10mo ago
₹12.3 Lakhs
10 years exp.
11mo ago
₹11.3 Lakhs
9 years exp.
1y ago
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16 years exp.
1y ago
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13 years exp.
1y ago
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18 years exp.
1y ago
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12 years exp.
1y ago
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15 years exp.

Experience wise Ageas Federal Life Insurance Territory Manager salaries

Last Updated: 7 Mar 2025

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

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₹10.3 L/yr - ₹13.2 L/yr
9 years (AmbitionBox Estimate)

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₹10.5 L/yr - ₹13.5 L/yr
10 years (AmbitionBox Estimate)

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₹10.8 L/yr - ₹13.8 L/yr
11 years (AmbitionBox Estimate)

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₹11 L/yr - ₹14.1 L/yr
12 years  (3 salaries)

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₹11.6 L/yr - ₹14.2 L/yr
View all

Similar Designation salaries in Ageas Federal Life Insurance

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₹11 L/yr - ₹16.6 L/yr
Deputy Manager Salary
(7 salaries)
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₹3.1 L/yr - ₹5.75 L/yr
Area Manager Salary
(5 salaries)
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₹16.25 L/yr - ₹21 L/yr
Territory Business Manager Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
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₹6.8 L/yr - ₹17.4 L/yr
Sales Manager Salary
(25 salaries)
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₹2.9 L/yr - ₹7.6 L/yr
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₹4.5 L/yr - ₹5 L/yr
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₹2.4 L/yr - ₹5.4 L/yr
Team Lead Salary
(22 salaries)
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₹1.8 L/yr - ₹3.5 L/yr
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₹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

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.

read more
  • Job security - Poor

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

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..

read more
  • Skill development - Good
  • +3 more

Dislikes

more working pressure

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 .

read more
  • Salary - Excellent
  • +6 more

Dislikes

Salary .

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
see more salary related reviews

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Ageas Federal Life Insurance Territory Manager Salary FAQs

What is the salary of Territory Manager at Ageas Federal Life Insurance ?
The average salary of a Territory Manager at Ageas Federal Life Insurance in India typically ranges from ₹8.4 Lakhs to ₹17.1 Lakhs per year, depending on experience (from 8 years to 18 years).

The top 10% of Territory Manager at Ageas Federal Life Insurance earn more than ₹15.9 Lakhs per year, and the top 1% earn over ₹17.1 Lakhs per year. Territory Manager 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 20+ Ageas Federal Life Insurance employees in India.
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 in India typically ranges from ₹90,384 to ₹92,761 per month. This is based on the average salary range of ₹8.4 Lakhs to ₹17.1 Lakhs per year for employees with experience ranging from 8 years to 18 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 20+ 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 Territory Manager at Ageas Federal Life Insurance ?
To be a Territory Manager at Ageas Federal Life Insurance in india, the key skills required include:

  • - Sales
  • - Relationship Management
  • - Territory Management
  • - Monitoring
  • - Sales Management

These skills are highly valued at Ageas Federal Life Insurance and are crucial for successful performance in a Software Engineering role.
What is the salary of a Territory Manager in companies similar to Ageas Federal Life Insurance in India?
The salary of a Territory Manager at companies similar to Ageas Federal Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Liberty General Insurance ₹7.0 Lakhs to ₹15.0 Lakhs per year
Magma HDI General Insurance ₹5.5 Lakhs to ₹18.0 Lakhs per year
Aegon Life Insurance ₹8.3 Lakhs to ₹9.8 Lakhs per year
Cholamandalam MS General Insurance ₹4.6 Lakhs to ₹11.0 Lakhs per year
MetLife ₹6.0 Lakhs to ₹8.7 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 Territory Manager at Ageas Federal Life Insurance in India?
The salary growth for a Territory Manager at Ageas Federal Life Insurance depends on factors such as experience, performance, and promotions. On average, a Territory Manager can expect the following growth trajectory at Ageas Federal Life Insurance:

Experience Average Salary Range
8 years ₹10.3 Lakhs to ₹13.2 Lakhs per year
9 years ₹10.5 Lakhs to ₹13.5 Lakhs per year
10 years ₹10.8 Lakhs to ₹13.8 Lakhs per year
11 years ₹11.0 Lakhs to ₹14.1 Lakhs per year
and so on.

Tell us how to improve this page.

Ageas Federal Life Insurance Territory Manager salary in India ranges between ₹8.4 Lakhs to ₹17.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 22 Ageas Federal Life Insurance latest salaries received from various employees of Ageas Federal Life Insurance.