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3.8

based on 660 Reviews

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Ageas Federal Life Insurance Territory Manager salaries in Mumbai

Annual salary range
9 - 18 years exp.
₹11.3 Lakhs - ₹15.3 Lakhs
Salary of majority employees
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71% 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

Sales & Business Development
Territory Manager Salary
9 - 14 years exp. (3 salaries)
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₹11.3 L/yr - ₹15 L/yr

BFSI, Investments & Trading
Territory Manager Salary
18 years exp. (AmbitionBox Estimate)
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₹12.7 L/yr - ₹15.3 L/yr

Last Updated: 8 Jan 2025

Companies similar to Ageas Federal Life Insurance for Territory Manager in Mumbai

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Ageas Federal Life Insurance Territory Manager Salary

9 - 18 years exp. (5 salaries)

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₹11.3 L/yr - ₹15.3 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Life Territory Manager Salary

9 - 20 years exp. (20 salaries)

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₹10.1 L/yr - ₹17.2 L/yr

arrow icon 1% more
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Max Life Insurance Territory Manager Salary

13 - 16 years exp. (3 salaries)

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₹10.4 L/yr - ₹16 L/yr

arrow icon 2% less
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₹4.5 L/yr - ₹10 L/yr

arrow icon 50% less
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₹6.5 L/yr - ₹8.5 L/yr

arrow icon 42% less
5 job openings
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PNB MetLife Territory Manager Salary

4 - 13 years exp. (12 salaries)

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₹5 L/yr - ₹10.2 L/yr

arrow icon 43% less
3 job openings
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₹5.8 L/yr - ₹8 L/yr

arrow icon 49% less
1 job opening
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₹6 L/yr - ₹7.5 L/yr

arrow icon 50% less
Territory Manager salary at Ageas Federal Life Insurance ranges between ₹11.3 Lakhs to ₹15.3 Lakhs per year for employees with experience between 9 years to 18 years. Salary estimates are based on 5 latest salaries received from various employees of Ageas Federal Life Insurance.

Latest annual salaries shared by Ageas Federal Life Insurance Territory Manager in Mumbai

2w ago
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18 years exp.
4mo ago
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14 years exp.
9mo ago
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9 years exp.
11mo ago
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13 years exp.
1y ago
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15 years exp.

Experience wise Ageas Federal Life Insurance Territory Manager salaries in Mumbai

Last Updated: 8 Jan 2025

Experience Avg Annual Salary
9 years (AmbitionBox Estimate)

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₹11.3 L/yr - ₹22.5 L/yr
10 years (AmbitionBox Estimate)

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₹11.5 L/yr - ₹14.7 L/yr
11 years (AmbitionBox Estimate)

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₹11.7 L/yr - ₹15 L/yr
12 years (AmbitionBox Estimate)

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₹11.9 L/yr - ₹15.2 L/yr
13 years (AmbitionBox Estimate)

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₹13.5 L/yr - ₹24.3 L/yr
View all

Similar Designation salaries in Ageas Federal Life Insurance

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₹3.1 L/yr - ₹4 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

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 Mumbai?
Territory Manager salary at Ageas Federal Life Insurance in Mumbai ranges between ₹11.3 Lakhs to ₹15.3 Lakhs for experience between 9 years to 18 years. According to our estimates it is 71% more than the average Territory Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Ageas Federal Life Insurance Mumbai.
How does the salary of a Territory Manager at Ageas Federal Life Insurance Mumbai compare with the average salary range for this job?
The average salary of a Territory Manager at Ageas Federal Life Insurance is 71% more than the average salary of a Territory Manager in Mumbai. 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 Mumbai.
Which similar companies are paying more than Ageas Federal Life Insurance to a Territory Manager in Mumbai?
  • HDFC Life Territory Manager Salary - ₹10.1 Lakhs to ₹17.2 Lakhs per year
What is the salary of a Territory Manager in companies similar to Ageas Federal Life Insurance in Mumbai?
  • Max Life Insurance Territory Manager Salary - ₹10.4 Lakhs to ₹16.0 Lakhs per year
  • Tata AIA Life Insurance Territory Manager Salary - ₹6.5 Lakhs to ₹8.5 Lakhs per year
  • PNB MetLife Territory Manager Salary - ₹5.0 Lakhs to ₹10.2 Lakhs per year
  • Aviva Life Insurance India Territory Manager Salary - ₹5.8 Lakhs to ₹8.0 Lakhs per year
  • Edelweiss Life Insurance Territory Manager Salary - ₹6.0 Lakhs to ₹7.5 Lakhs per year
What is the estimated take home salary of a Territory Manager at Ageas Federal Life Insurance in Mumbai?
The estimated take-home salary of a Territory Manager at Ageas Federal Life Insurance ranges between ₹94,774 per month to ₹97,326 per month in Mumbai. The take-home salary calculation is based on the average Ageas Federal Life Insurance Territory Manager salary in India which ranges between ₹11.3 Lakhs to ₹15.3 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 in Mumbai?
According to AmbitionBox, 50% of the Ageas Federal Life Insurance Territory Managers in Mumbai reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 6 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Ageas Federal Life Insurance Territory Manager salary in Mumbai ranges between ₹11.3 Lakhs to ₹15.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Ageas Federal Life Insurance latest salaries received from various employees of Ageas Federal Life Insurance.