Future Generali India Life Insurance Mumbai AVP Salaries by 8 Employees (Updated 2025)

9 - 19 years exp.

₹22.7 Lakhs - ₹37 Lakhs

Salary of majority employees

6% less than the average AVP Salary in Insurance Companies for 9 - 19 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading AVP Salary 9 - 18 years exp. (AmbitionBox Estimate)	₹22.7 L/yr - ₹35 L/yr
Human Resources AVP Salary 16 - 18 years exp. (AmbitionBox Estimate)	₹25 L/yr - ₹29 L/yr
Login to view exact salary
Project & Program Management AVP Salary 16 - 18 years exp. (AmbitionBox Estimate)	₹27 L/yr - ₹28.2 L/yr
Sales & Business Development AVP Salary 19 years exp. (AmbitionBox Estimate)	₹28.3 L/yr - ₹37 L/yr
Strategic & Top Management AVP Salary 19 years exp. (AmbitionBox Estimate)	₹28.2 L/yr - ₹31.1 L/yr

Last Updated: 22 Mar 2025

Companies similar to Future Generali India Life Insurance for AVP in Mumbai

Future Generali India Life Insurance AVP Salary

9 - 19 years exp. (8 salaries)

₹22.7 L/yr - ₹37 L/yr

Company name	Avg Annual Salary	Open Jobs
Ageas Federal Life Insurance AVP Salary 16 - 17 years exp. (3 salaries)	₹28 L/yr - ₹32 L/yr 4% more
Aegon Religare Life Insurance AVP Salary 9 - 17 years exp. (3 salaries)	₹6 L/yr - ₹27 L/yr 33% less
Login to view exact salary
Bharti AXA Life Insurance AVP Salary 10 - 18 years exp. (3 salaries)	₹18 L/yr - ₹35 L/yr 7% more
Aditya Birla Health Insurance Co AVP Salary 10 - 15 years exp. (3 salaries)	₹31 L/yr - ₹36 L/yr 18% more
Edelweiss Life Insurance AVP Salary 7 - 20 years exp. (3 salaries)	₹30 L/yr - ₹32 L/yr 9% more
ManipalCigna Health Insurance AVP Salary 13 - 18 years exp. (3 salaries)	₹29 L/yr - ₹35 L/yr 12% more

AVP salary at Future Generali India Life Insurance ranges between ₹22.7 Lakhs to ₹37 Lakhs per year for employees with experience between 9 years to 19 years. Salary estimates are based on 8 latest salaries received from various employees of Future Generali India Life Insurance.

Experience wise Future Generali India Life Insurance AVP salaries in Mumbai

Last Updated: 22 Mar 2025

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹11.3 L/yr - ₹35 L/yr
10 years (AmbitionBox Estimate)	₹25.4 L/yr - ₹32.5 L/yr
Login to view exact salary
11 years (AmbitionBox Estimate)	₹25.4 L/yr - ₹32.5 L/yr
12 years (AmbitionBox Estimate)	₹25.4 L/yr - ₹32.5 L/yr
13 years (AmbitionBox Estimate)	₹25.4 L/yr - ₹32.5 L/yr
14 years (AmbitionBox Estimate)	₹25.4 L/yr - ₹32.5 L/yr
15+ years (7 salaries)	₹22.7 L/yr - ₹37 L/yr

View all

Similar Designation salaries in Future Generali India Life Insurance

Deputy Manager Salary

(147 salaries)

₹4.29 L/yr - ₹14.9 L/yr

Assistant Vice President Salary

(23 salaries)

₹19 L/yr - ₹30 L/yr

Operations Associate Salary

(20 salaries)

₹1.62 L/yr - ₹3.1 L/yr

Operations Executive Salary

(18 salaries)

₹1.6 L/yr - ₹3.05 L/yr

Back Office Executive Salary

(17 salaries)

₹1.1 L/yr - ₹2.4 L/yr

Sales Executive Salary

(12 salaries)

₹1.7 L/yr - ₹3.55 L/yr

Area Manager Salary

(5 salaries)

₹15.5 L/yr - ₹16.8 L/yr

Financial Service Manager Salary

(3 salaries)

₹4.5 L/yr - ₹4.8 L/yr

Salary related reviews for Future Generali India Life Insurance

Financial Service Manager in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

4.0

• posted on 20 Mar 2022

4.0

for Salary and Benefits

Likes

... treated with respect and given equal opportunities for growth and making money. Salary is given on time for employees.

Salary - Good

+6 more

Dislikes

salary is decent but increment is less on promotion, internal competition is high. Only 2 office locations operating currently in bangalore, staff is crowded.

Back Office Executive in Indore

BFSI, Investments & Trading Department

5.0

• posted on 22 Apr 2022

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

State Coordinator in Kolkata

BFSI, Investments & Trading Department

5.0

• posted on 10 Feb 2022

3.0

for Salary and Benefits

Likes

This is not a company where hire and fire provision exist. Company give time to settle down and give your best. Work life balance is good.

Skill development - Good

+5 more

Dislikes

There should be a parity in pay structure for the same designated employee.

Deputy Manager in Thane

BFSI, Investments & Trading Department

5.0

• posted on 18 Apr 2022

3.0

for Salary and Benefits

Likes

It's excellent experience in future generali life insurance company. All team members and senior is supportive.company policies are good.

Skill development - Excellent

+4 more

Dislikes

...that why user not complete the process quickly. 2.not sort out issue quickly. 3. Salary growth is very slow.

Business Associate in Hyderabad / Secunderabad

Business Associates Department

4.0

• posted on 03 Oct 2020

4.0

for Salary and Benefits

Likes

We will have a friendly relationship with everyone in the company. They will support you to withstand in any kind of situation. No pressure but career growth is high.

Salary - Good

+6 more

Dislikes

Salary is based on performance, no monthly salary.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

Got a question about Future Generali India Life Insurance?

Ask anonymously on communities.

Future Generali India Life Insurance AVP Salary FAQs

What is the salary of AVP at Future Generali India Life Insurance in Mumbai?

The average salary of a AVP at Future Generali India Life Insurance in Mumbai typically ranges from ₹22.7 Lakhs to ₹37.0 Lakhs per year, depending on experience (from 9 years to 19 years).

The top 10% of AVP in Mumbai at Future Generali India Life Insurance earn more than ₹36.4 Lakhs per year, and the top 1% earn over ₹37.0 Lakhs per year. AVP Salaries at Future Generali India 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 8 Future Generali India Life Insurance employees in India.

What is the estimated take home salary of a AVP at Future Generali India Life Insurance in Mumbai?

The estimated take-home salary of a AVP at Future Generali India Life Insurance in Mumbai typically ranges from ₹1,75,611 to ₹1,82,414 per month. This is based on the average salary range of ₹22.7 Lakhs to ₹37.0 Lakhs per year for employees with experience ranging from 9 years to 19 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 8 salaries received from various employees of Future Generali India Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Future Generali India Life Insurance for AVP in India?

Aditya Birla Health Insurance Co	₹31.0 Lakhs to ₹36.0 Lakhs per year
ManipalCigna Health Insurance	₹29.0 Lakhs to ₹35.0 Lakhs per year
Edelweiss Life Insurance	₹30.0 Lakhs to ₹32.0 Lakhs per year
Bharti AXA Life Insurance	₹18.0 Lakhs to ₹35.0 Lakhs per year
Ageas Federal Life Insurance	₹28.0 Lakhs to ₹32.0 Lakhs per year

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

What is the salary of a AVP in companies similar to Future Generali India Life Insurance in Mumbai?

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

Aegon Religare Life Insurance

₹6.0 Lakhs to ₹27.0 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 AVP at Future Generali India Life Insurance in Mumbai?

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

Experience	Average Salary Range
9 years	₹11.3 Lakhs to ₹35.0 Lakhs per year
10 years	₹25.4 Lakhs to ₹32.5 Lakhs per year
11 years	₹25.4 Lakhs to ₹32.5 Lakhs per year
12 years	₹25.4 Lakhs to ₹32.5 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Future Generali India Life Insurance Salaries >
Future Generali India Life Insurance AVP Salaries >
Future Generali India Life Insurance AVP Salaries in Mumbai

Future Generali India Life Insurance AVP salary in Mumbai ranges between ₹22.7 Lakhs to ₹37 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Future Generali India Life Insurance latest salaries received from various employees of Future Generali India Life Insurance.