Aviva Life Insurance India Mumbai Territory Manager Salaries by 7 Employees (Updated 2025)

5 - 14 years exp.

₹5.8 Lakhs - ₹8 Lakhs

Avg. annual salary

Monthly In-hand Salary

15% less than the average Territory Manager Salary in Insurance Companies for 5 - 14 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading Territory Manager Salary 8 - 14 years exp. (3 salaries)	₹6 L/yr - ₹8 L/yr
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Sales & Business Development Territory Manager Salary 8 years exp. (AmbitionBox Estimate)	₹7.8 L/yr - ₹8.4 L/yr

Last Updated: 6 Jan 2025

Companies similar to Aviva Life Insurance India for Territory Manager in Mumbai

Aviva Life Insurance India Territory Manager Salary

5 - 14 years exp. (7 salaries)

₹5.8 L/yr - ₹8 L/yr

Company name	Avg Annual Salary	Open Jobs
Edelweiss Life Insurance Territory Manager Salary 8 - 17 years exp. (6 salaries)	₹6 L/yr - ₹7.5 L/yr 2% less
Liberty General Insurance Territory Manager Salary 10 - 18 years exp. (6 salaries)	₹7 L/yr - ₹12.5 L/yr 65% more
Login to view exact salary
Ageas Federal Life Insurance Territory Manager Salary 9 - 18 years exp. (5 salaries)	₹11.3 L/yr - ₹15.3 L/yr 93% more	1 job opening
Cholamandalam MS General Insurance Territory Manager Salary 10 - 13 years exp. (3 salaries)	₹7 L/yr - ₹11 L/yr 15% more
IDFC FIRST Bank Territory Manager Salary 1 - 12 years exp. (70 salaries)	₹4.1 L/yr - ₹14 L/yr 19% more	13 job openings

Territory Manager salary at Aviva Life Insurance India ranges between ₹5.8 Lakhs to ₹8 Lakhs per year for employees with experience between 5 years to 14 years. Salary estimates are based on 7 latest salaries received from various employees of Aviva Life Insurance India.

Experience wise Aviva Life Insurance India Territory Manager salaries in Mumbai

Last Updated: 6 Jan 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
6 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
Login to view exact salary
7 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
8 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
9 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹8 L/yr
10 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
11 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.2 L/yr
12 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr
13 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.5 L/yr
14 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr

View all

From

Territory Manager

5 - 14 years exp.

Area Manager

7 - 20 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Aviva Life Insurance India

Relationship Manager Salary

(9 salaries)

₹2.75 L/yr - ₹3.86 L/yr

Area Manager Salary

(6 salaries)

₹9 L/yr - ₹12 L/yr

Senior Sales Manager Salary

(5 salaries)

₹3.75 L/yr - ₹5.13 L/yr

Sales Manager Salary

(3 salaries)

₹3 L/yr - ₹4.5 L/yr

Top skills at Aviva Life Insurance India for Territory Manager

Team Handling Life Insurance Bancassurance Insurance Sales Banking Sales banca Team Handling Insurance Banking Direct Sales Beverage Advance Licence banca sales Relationship Management Business Development

Salary related reviews for Aviva Life Insurance India

5.0

Rated by 1 employees for salary & benefits

Sales Executive in New Delhi

Full Time

Marketing & Communication Department

2.0

• posted on 03 Feb 2024

1.0

for Salary and Benefits

Likes

GOOD WORKING CULTURE SALARY ON TIME .

Company culture - Excellent

+1 more

Dislikes

AVIVA OFFICE IS GOOD GOOD Ambience but Leads are shit . plus Assistant manager is super shit I DONT KNOW WHO MADE HER ASSISTANT MANAGER HE IS THE BIGGEST FOOL THEN . RINU UPADHYAY . She deserve to be a junior telecaller . I REQUEST AVIVA INDIA TO PLS PROMOTE HER AS JUNIOR TELECALLER . SHE DESERVES THAT ONLY . Shit leads . Everything is good in aviva india except her She is a gavar person . BEAUTY WITH BRAIN ❌ NO BEAUTY NO BRAIN . Only garbage in her mind . Smart player with dumb mind

Salary - Bad

+3 more

Sales Manager in New Delhi

Agency Department

3.0

• posted on 17 Jan 2019

2.0

for Salary and Benefits

Likes

Actually company is good only for timely salary providing .

Dislikes

Actually company is good but organisations few member is very bad . I am many time face in problem my company HR and RM side . I am not quite my job in Aviva but forcefully resigned my higher authority

Salary - Poor

+5 more

Relationship Manager in Kolkata

Dsf sales Department

4.0

• posted on 24 Oct 2018

4.0

for Salary and Benefits

Likes

Good corporate culture colleagues are very cooperative growth is there balance in personal life

Salary - Good

+5 more

Dislikes

I had never received appreciation from clients in spite of being honest compensation is good but learning should be improved by giving various types of training

Manager in Gurgaon / Gurugram

Full Time

Marketing & Communication Department

4.0

• posted on 04 Feb 2024

2.0

for Salary and Benefits

Likes

The mentors I’ve had and the opportunities I’ve gotten. There’s an open door policy and I’ve never been judged on the basis of my designation but the intent I show and the knowledge that I’ve gathered. Most of the senior most leadership (including the CEO- Mr. Rath) are approachable and open to ideas, as long as you display the confidence for an idea, and the willingness to see it through, no matter what department you’re from.

Skill development - Good

+4 more

Dislikes

The salary and appraisals could be better and the competition is cut-throat.

Salary - Poor

IT Analyst in Bangalore / Bengaluru

Full Time

IT & Information Security Department

2.0

• posted on 08 Jul 2023

1.0

for Salary and Benefits

Likes

AVIVA Is a nice company to work for .Nice work atmosphere

Dislikes

... an IT Analyst but we are getting low payment. Poor management.Heavy workload . No Incentives no proper salary.Everyone are leaving AVIVA please help us if you see this review We are service desk Analysts from Bangalore

Salary - Bad

+6 more

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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

Nagarro offer: Kindly Help me to decide

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Aviva Life Insurance India Territory Manager Salary FAQs

What is the salary of Territory Manager at Aviva Life Insurance India in Mumbai?

The average salary of a Territory Manager at Aviva Life Insurance India in Mumbai typically ranges from ₹5.8 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 5 years to 14 years).

The top 10% of Territory Manager in Mumbai at Aviva Life Insurance India earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Territory Manager Salaries at Aviva Life Insurance India 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 7 Aviva Life Insurance India employees in India.

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

The estimated take-home salary of a Territory Manager at Aviva Life Insurance India in Mumbai typically ranges from ₹52,295 to ₹53,594 per month. This is based on the average salary range of ₹5.8 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 5 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 7 salaries received from various employees of Aviva Life Insurance India. 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 Aviva Life Insurance India in Mumbai?

To be a Territory Manager at Aviva Life Insurance India in Mumbai, the key skills required include:

- Team Handling
- Life Insurance
- Bancassurance
- Insurance Sales
- Banking Sales

These skills are highly valued at Aviva Life Insurance India and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Aviva Life Insurance India for Territory Manager in India?

Ageas Federal Life Insurance	₹11.3 Lakhs to ₹15.3 Lakhs per year
Liberty General Insurance	₹7.0 Lakhs to ₹12.5 Lakhs per year
IDFC FIRST Bank	₹4.1 Lakhs to ₹14.0 Lakhs per year
Cholamandalam MS General Insurance	₹7.0 Lakhs to ₹11.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Aviva Life Insurance India, depending on the role and experience level.

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

The salary of a Territory Manager at companies similar to Aviva Life Insurance India in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Edelweiss Life Insurance

₹6.0 Lakhs to ₹7.5 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 Aviva Life Insurance India in Mumbai?

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

Experience	Average Salary Range
5 years	₹5.8 Lakhs to ₹7.4 Lakhs per year
6 years	₹5.9 Lakhs to ₹7.5 Lakhs per year
7 years	₹6.0 Lakhs to ₹7.7 Lakhs per year
8 years	₹6.1 Lakhs to ₹7.8 Lakhs per year

and so on.

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Aviva Life Insurance India Territory Manager Salaries in Mumbai

Aviva Life Insurance India Territory Manager salary in Mumbai ranges between ₹5.8 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Aviva Life Insurance India latest salaries received from various employees of Aviva Life Insurance India.