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3.7

based on 663 Reviews

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Ageas Federal Life Insurance Territory Manager Bancassurance salaries in India

Annual salary range
14 - 17 years exp.
₹10.3 Lakhs - ₹10.7 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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6% more than the average Territory Manager Bancassurance Salary in Insurance Companies for 14 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Territory Manager Bancassurance Salary
14 - 17 years exp. (AmbitionBox Estimate)
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₹10.3 L/yr - ₹10.5 L/yr

Marketing & Communication
Territory Manager Bancassurance Salary
15 years exp. (AmbitionBox Estimate)
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₹9.6 L/yr - ₹11.8 L/yr

Sales & Business Development
Territory Manager Bancassurance Salary
16 years exp. (AmbitionBox Estimate)
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₹9.6 L/yr - ₹11.8 L/yr

Last Updated: 10 Mar 2023

Companies similar to Ageas Federal Life Insurance for Territory Manager Bancassurance

Company name Avg Annual Salary Open Jobs
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₹2.6 L/yr - ₹6 L/yr

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₹5.4 L/yr - ₹20 L/yr

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₹13.5 L/yr - ₹17 L/yr

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₹5.5 L/yr - ₹7 L/yr

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1 job opening
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₹6.5 L/yr - ₹9.8 L/yr

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2 job openings
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₹7.8 L/yr - ₹12 L/yr

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Territory Manager Bancassurance salary at Ageas Federal Life Insurance ranges between ₹10.3 Lakhs to ₹10.7 Lakhs per year for employees with experience between 14 years to 17 years. Salary estimates are based on 4 latest salaries received from various employees of Ageas Federal Life Insurance.

Latest annual salaries shared by Ageas Federal Life Insurance Territory Manager Bancassurance

1y ago
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17 years exp.
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14 years exp.
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15 years exp.
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16 years exp.

Experience wise Ageas Federal Life Insurance Territory Manager Bancassurance salaries

Last Updated: 10 Mar 2023

Experience Avg Annual Salary
14 years (AmbitionBox Estimate)

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₹10.3 L/yr - ₹18.8 L/yr
15+ years  (3 salaries)

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₹10.5 L/yr - ₹10.7 L/yr

Similar Designation salaries in Ageas Federal Life Insurance

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₹3.05 L/yr - ₹5 L/yr
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₹2.2 L/yr - ₹5.5 L/yr
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₹4.2 L/yr - ₹5.1 L/yr
Branch Head Salary
(40 salaries)
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₹7 L/yr - ₹13.71 L/yr
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₹2.5 L/yr - ₹4.35 L/yr
Agency Manager Salary
(16 salaries)
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₹1.9 L/yr - ₹5 L/yr
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₹3.15 L/yr - ₹3.3 L/yr
Branch Manager Salary
(11 salaries)
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₹7 L/yr - ₹12 L/yr
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₹4 L/yr - ₹4.75 L/yr
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₹5.75 L/yr - ₹6.6 L/yr

Salary related reviews for Ageas Federal Life Insurance

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

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.

read more

Dislikes

No

  • Skill development - Bad
  • +5 more

Customer Success, Service & Operations Department

1.0
  •  posted on 11 Nov 2021

1.0
 for  Salary and Benefits

Likes

Not good place to work only trainer things they are running company and no one is doing work except him. Work culture is not good in Branch office..

read more

Dislikes

...ess through banca channel and pressure is high in Agency even for banca is same. Even salary is not decent, training are given but in expectations of 1 cr business from every one. Otherwise trainer will not do his Lal front of HOD. So not good company to work in sales

read more
  • Salary - Bad
  • +6 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
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Ageas Federal Life Insurance Territory Manager Bancassurance Salary FAQs

What is the salary of Territory Manager Bancassurance at Ageas Federal Life Insurance?
Territory Manager Bancassurance salary at Ageas Federal Life Insurance in India ranges between ₹10.3 Lakhs to ₹10.7 Lakhs for experience between 14 years to 17 years. According to our estimates it is 6% more than the average Territory Manager Bancassurance 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 Territory Manager Bancassurance at Ageas Federal Life Insurance India compare with the average salary range for this job?
The average salary of a Territory Manager Bancassurance at Ageas Federal Life Insurance is 6% more than the average salary of a Territory Manager Bancassurance in India. To know exact salary insights, login to view.
Which similar companies are paying more than Ageas Federal Life Insurance to a Territory Manager Bancassurance in India?
  • Bajaj Allianz Life Insurance Territory Manager Bancassurance Salary - ₹13.5 Lakhs to ₹17.0 Lakhs per year
  • HDFC Life Territory Manager Bancassurance Salary - ₹5.4 Lakhs to ₹20.0 Lakhs per year
What is the salary of a Territory Manager Bancassurance in companies similar to Ageas Federal Life Insurance in India?
  • Aviva Life Insurance India Territory Manager Bancassurance Salary - ₹7.8 Lakhs to ₹12.0 Lakhs per year
  • PNB MetLife Territory Manager Bancassurance Salary - ₹6.5 Lakhs to ₹9.8 Lakhs per year
  • Tata AIA Life Insurance Territory Manager Bancassurance Salary - ₹5.5 Lakhs to ₹7.0 Lakhs per year
  • ICICI Prudential Life Insurance Territory Manager Bancassurance Salary - ₹2.6 Lakhs to ₹6.0 Lakhs per year
What is the estimated take home salary of a Territory Manager Bancassurance at Ageas Federal Life Insurance in India?
The estimated take-home salary of a Territory Manager Bancassurance at Ageas Federal Life Insurance ranges between ₹75,795 per month to ₹77,759 per month in India. The take-home salary calculation is based on the average Ageas Federal Life Insurance Territory Manager Bancassurance salary in India which ranges between ₹10.3 Lakhs to ₹10.7 Lakhs per year for employees with experience between 14 years to 17 years. Check how did we calculate take home salary?

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Ageas Federal Life Insurance Territory Manager Bancassurance salary in India ranges between ₹10.3 Lakhs to ₹10.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Ageas Federal Life Insurance latest salaries received from various employees of Ageas Federal Life Insurance.