Tata AIA Life Insurance Agency Manager Salaries by 4 Employees

5 - 8 years exp.

₹4.8 Lakhs - ₹5.1 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

35% more than the average Agency Manager Salary in Insurance Companies for 5 - 8 years of experience

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Last Updated: 20 Jul 2023

Companies similar to Tata AIA Life Insurance for Agency Manager

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Health Insurance Co Agency Manager Salary 0 - 8 years exp. (129 salaries)	₹2.6 L/yr - ₹4 L/yr 33% less
SBI Life Insurance Company Agency Manager Salary 1 - 13 years exp. (219 salaries)	₹2.8 L/yr - ₹5 L/yr 20% less	1 job opening
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Aditya Birla Sun Life Insurance Agency Manager Salary 0 - 6 years exp. (177 salaries)	₹1.8 L/yr - ₹4 L/yr 47% less
HDFC Ergo General Insurance Agency Manager Salary 0 - 9 years exp. (186 salaries)	₹2 L/yr - ₹5.5 L/yr 21% less
Axis Max Life Insurance Agency Manager Salary 2 - 12 years exp. (160 salaries)	₹2.2 L/yr - ₹6.5 L/yr 13% less
ICICI Prudential Life Insurance Agency Manager Salary 0 - 8 years exp. (157 salaries)	₹2.5 L/yr - ₹5.3 L/yr 18% less
HDFC Life Agency Manager Salary 0 - 7 years exp. (84 salaries)	₹1.8 L/yr - ₹7 L/yr 23% less	1 job opening
Star Health & Allied Insurance Agency Manager Salary 0 - 10 years exp. (35 salaries)	₹2.4 L/yr - ₹4.8 L/yr 29% less
Reliance Nippon Life Insurance Agency Manager Salary 0 - 5 years exp. (33 salaries)	₹1.8 L/yr - ₹4 L/yr 41% less
Kotak Mahindara Life Insurance Agency Manager Salary 0 - 15 years exp. (26 salaries)	₹2 L/yr - ₹7.6 L/yr 37% less
Bajaj Allianz General Insurance Agency Manager Salary 3 - 13 years exp. (16 salaries)	₹3.5 L/yr - ₹6.5 L/yr 2% more
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ICICI Lombard General Insurance Company Agency Manager Salary 0 - 8 years exp. (13 salaries)	₹2.4 L/yr - ₹6 L/yr 17% less
Life Insurance Corporation of India Agency Manager Salary 0 - 8 years exp. (9 salaries)	₹1.8 L/yr - ₹4 L/yr 39% less
Bajaj Allianz Life Insurance Agency Manager Salary 0 - 11 years exp. (8 salaries)	₹2.5 L/yr - ₹7 L/yr 19% less
Shriram Life Insurance Agency Manager Salary 7 - 13 years exp. (5 salaries)	₹2.4 L/yr - ₹5 L/yr 22% less
SBI General Insurance Agency Manager Salary 2 - 8 years exp. (5 salaries)	₹2.4 L/yr - ₹4.5 L/yr 22% less
PNB MetLife Agency Manager Salary 0 - 11 years exp. (5 salaries)	₹2.8 L/yr - ₹7 L/yr 4% more
The Oriental Insurance Co. Agency Manager Salary 4 - 10 years exp. (4 salaries)	₹1.9 L/yr - ₹7.1 L/yr 39% more

Agency Manager salary at Tata AIA Life Insurance ranges between ₹4.8 Lakhs to ₹5.1 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Tata AIA Life Insurance.

Experience wise Tata AIA Life Insurance Agency Manager salaries

Last Updated: 20 Jul 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹5.1 L/yr
6 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
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7 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹8.7 L/yr
8 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5.1 L/yr

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Top skills at Tata AIA Life Insurance for Agency Manager

agency Agency Sales Agency Channel Tied Channel Business Development General Insurance Sales Life Insurance broking Health Insurance General Insurance Branch Management Health Insurance Agency Management Field Sales NBFC

Salary related reviews for Tata AIA Life Insurance

1.0

Rated by 1 employees for salary & benefits

Relationship Manager in Hyderabad / Secunderabad

Full Time

Sales & Business Development Department

5.0

• posted on 23 Oct 2024

1.0

for Salary and Benefits

Likes

Yes

Skill development - Excellent

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...en to parents here the employee need to be paid to cover her parents Employees getting minimum salaries and in that minimum salary there is no benefits..

Salary - Bad

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• posted on 30 Sep 2024

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Incentive sharing to the channel Partner Manager are never visit and interact with channel Partner

Skill development - Good

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Only bucket 🪣 people get promotion and timing change their salary correction. Than can fire 🔥 employee according to their wishes

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Territory Sales Manager in Chennai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 20 Dec 2023

1.0

for Salary and Benefits

Likes

They follow the message received from top end, not even understanding possibility,situation and reality

Dislikes

...ouritism and internal politics, even top performance with 250% achievement also not even get any promotion, increment,bonus from this TATA AIA, this kind of work culture will ruin brand name soon.

Salary - Bad

+3 more

Relationship Manager in Gurgaon Sector 14

Insurance Department

5.0

• posted on 21 Aug 2021

5.0

for Salary and Benefits

Likes

...ironment and culture.Teammates are supportive and the management is transparent. Company policies are good appraisal 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.

Relationship Manager in Mumbai

Customer Success, Service & Operations Department

5.0

• posted on 29 Jun 2021

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 2 months notice period criteria for confirmed employees.

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Tata AIA Life Insurance Agency Manager Salary FAQs

What is the salary of Agency Manager at Tata AIA Life Insurance ?

The average salary of a Agency Manager at Tata AIA Life Insurance in India typically ranges from ₹4.8 Lakhs to ₹5.1 Lakhs per year, depending on experience (from 5 years to 8 years).

The top 10% of Agency Manager at Tata AIA Life Insurance earn more than ₹5.1 Lakhs per year, and the top 1% earn over ₹5.1 Lakhs per year. Agency Manager Salaries at Tata AIA 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 4 Tata AIA Life Insurance employees in India.

What is the estimated take home salary of a Agency Manager at Tata AIA Life Insurance in India?

The estimated take-home salary of a Agency Manager at Tata AIA Life Insurance in India typically ranges from ₹36,719 to ₹37,933 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹5.1 Lakhs per year for employees with experience ranging from 5 years to 8 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 4 salaries received from various employees of Tata AIA Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Agency Manager at Tata AIA Life Insurance ?

To be a Agency Manager at Tata AIA Life Insurance in india, the key skills required include:

- agency
- Agency Sales
- Agency Channel
- Tied Channel
- Business Development

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

Which companies offer higher salaries than Tata AIA Life Insurance for Agency Manager in India?

The Oriental Insurance Co.	₹1.9 Lakhs to ₹7.1 Lakhs per year
PNB MetLife	₹2.8 Lakhs to ₹7.0 Lakhs per year
Bajaj Allianz General Insurance	₹3.5 Lakhs to ₹6.5 Lakhs per year

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

What is the salary of a Agency Manager in companies similar to Tata AIA Life Insurance in India?

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

Axis Max Life Insurance	₹2.2 Lakhs to ₹6.5 Lakhs per year
ICICI Lombard General Insurance Company	₹2.4 Lakhs to ₹6.0 Lakhs per year
ICICI Prudential Life Insurance	₹2.5 Lakhs to ₹5.3 Lakhs per year
Bajaj Allianz Life Insurance	₹2.5 Lakhs to ₹7.0 Lakhs per year
SBI Life Insurance Company	₹2.8 Lakhs to ₹5.0 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 Agency Manager at Tata AIA Life Insurance in India?

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

Experience	Average Salary Range
5 years	₹4.8 Lakhs to ₹5.1 Lakhs per year
6 years	₹4.4 Lakhs to ₹5.6 Lakhs per year
7 years	₹4.8 Lakhs to ₹8.7 Lakhs per year
8 years	₹1.9 Lakhs to ₹5.1 Lakhs per year

and so on.

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Tata AIA Life Insurance Agency Manager Salaries

Tata AIA Life Insurance Agency Manager salary in India ranges between ₹4.8 Lakhs to ₹5.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Tata AIA Life Insurance latest salaries received from various employees of Tata AIA Life Insurance.