Ageas Federal Life Insurance Territory Sales Manager Salaries by 5 Employees

10 - 14 years exp.

₹11 Lakhs - ₹16.6 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

68% more than the average Territory Sales Manager Salary in Insurance Companies for 10 - 14 years of experience

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Last Updated: 8 Aug 2024

Companies similar to Ageas Federal Life Insurance for Territory Sales Manager

Company name	Avg Annual Salary	Open Jobs
Royal Sundaram General Insurance Territory Sales Manager Salary 4 - 12 years exp. (333 salaries)	₹2.7 L/yr - ₹7.3 L/yr 60% less	7 job openings
Aviva Life Insurance India Territory Sales Manager Salary 7 - 18 years exp. (6 salaries)	₹6.5 L/yr - ₹7.9 L/yr 42% less
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Magma HDI General Insurance Territory Sales Manager Salary 10 - 15 years exp. (5 salaries)	₹6.7 L/yr - ₹14.5 L/yr 17% less
Aditya Birla Health Insurance Co Territory Sales Manager Salary 9 - 13 years exp. (5 salaries)	₹9.3 L/yr - ₹12.5 L/yr 10% less
Liberty General Insurance Territory Sales Manager Salary 11 - 14 years exp. (5 salaries)	₹9.6 L/yr - ₹12 L/yr 13% less
Bharti AXA Life Insurance Territory Sales Manager Salary 2 - 11 years exp. (4 salaries)	₹4.2 L/yr - ₹6 L/yr 62% less
Edelweiss Life Insurance Territory Sales Manager Salary 10 - 11 years exp. (3 salaries)	₹6 L/yr - ₹7 L/yr 51% less	3 job openings

Territory Sales Manager salary at Ageas Federal Life Insurance ranges between ₹11 Lakhs to ₹16.6 Lakhs per year for employees with experience between 10 years to 14 years. Salary estimates are based on 5 latest salaries received from various employees of Ageas Federal Life Insurance.

Experience wise Ageas Federal Life Insurance Territory Sales Manager salaries

Last Updated: 8 Aug 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹11 L/yr - ₹21.2 L/yr
11 years (AmbitionBox Estimate)	₹11 L/yr - ₹21.9 L/yr
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12 years (AmbitionBox Estimate)	₹5 L/yr - ₹13 L/yr
13 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹13.5 L/yr
14 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹16.6 L/yr

Similar Designation salaries in Ageas Federal Life Insurance

Senior Sales Manager Salary

(9 salaries)

₹4.5 L/yr - ₹5 L/yr

Territory Business Manager Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Territory Manager Salary

(22 salaries)

₹8.4 L/yr - ₹17.1 L/yr

Assistant Sales Manager Salary

(4 salaries)

₹2.6 L/yr - ₹4.1 L/yr

Area Sales Manager Salary

(5 salaries)

₹6.8 L/yr - ₹17.4 L/yr

Sales Manager Salary

(25 salaries)

₹2.9 L/yr - ₹7.6 L/yr

Deputy Manager Salary

(7 salaries)

₹3.1 L/yr - ₹5.75 L/yr

Area Manager Salary

(5 salaries)

₹16.25 L/yr - ₹21 L/yr

Cluster Manager Salary

(6 salaries)

₹7.5 L/yr - ₹8.97 L/yr

Relationship Manager Salary

(203 salaries)

₹2.4 L/yr - ₹5.4 L/yr

Salary related reviews for Ageas Federal Life Insurance

4.0

Rated by 1 employees for salary & benefits

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

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

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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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

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Ageas Federal Life Insurance Territory Sales Manager Salary FAQs

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

The average salary of a Territory Sales Manager at Ageas Federal Life Insurance in India typically ranges from ₹11.0 Lakhs to ₹16.6 Lakhs per year, depending on experience (from 10 years to 14 years).

The top 10% of Territory Sales Manager at Ageas Federal Life Insurance earn more than ₹16.6 Lakhs per year, and the top 1% earn over ₹16.6 Lakhs per year. Territory Sales 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 5 Ageas Federal Life Insurance employees in India.

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

The estimated take-home salary of a Territory Sales Manager at Ageas Federal Life Insurance in India typically ranges from ₹90,524 to ₹92,905 per month. This is based on the average salary range of ₹11.0 Lakhs to ₹16.6 Lakhs per year for employees with experience ranging from 10 years to 14 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 5 salaries received from various employees of Ageas Federal Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

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

The salary of a Territory Sales 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:

Aditya Birla Health Insurance Co	₹9.3 Lakhs to ₹12.5 Lakhs per year
Liberty General Insurance	₹9.6 Lakhs to ₹12.0 Lakhs per year
Magma HDI General Insurance	₹6.7 Lakhs to ₹14.5 Lakhs per year
Aviva Life Insurance India	₹6.5 Lakhs to ₹7.9 Lakhs per year
Edelweiss Life Insurance	₹6.0 Lakhs to ₹7.0 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 Sales Manager at Ageas Federal Life Insurance in India?

The salary growth for a Territory Sales Manager at Ageas Federal Life Insurance depends on factors such as experience, performance, and promotions. On average, a Territory Sales Manager can expect the following growth trajectory at Ageas Federal Life Insurance:

Experience	Average Salary Range
10 years	₹11.0 Lakhs to ₹21.2 Lakhs per year
11 years	₹11.0 Lakhs to ₹21.9 Lakhs per year
12 years	₹5.0 Lakhs to ₹13.0 Lakhs per year
13 years	₹5.2 Lakhs to ₹13.5 Lakhs per year

and so on.

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Ageas Federal Life Insurance Territory Sales Manager Salaries

Ageas Federal Life Insurance Territory Sales Manager salary in India ranges between ₹11 Lakhs to ₹16.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Ageas Federal Life Insurance latest salaries received from various employees of Ageas Federal Life Insurance.