Tata AIA Life Insurance Area Business Manager Salaries by 5 Employees (Updated 2025)

3 - 16 years exp.

₹4 Lakhs - ₹6 Lakhs

Low Confidence

Salary of majority employees

43% less than the average Area Business Manager Salary in Insurance Companies for 3 - 16 years of experience

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Salaries in different departments

Sales & Business Development Area Business Manager Salary 10 - 16 years exp. (AmbitionBox Estimate)	₹5.7 L/yr - ₹6 L/yr
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BFSI, Investments & Trading Area Business Manager Salary 10 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr

Last Updated: 1 Mar 2025

Companies similar to Tata AIA Life Insurance for Area Business Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Area Business Manager Salary 0 - 15 years exp. (281 salaries)	₹2.4 L/yr - ₹8.5 L/yr 1% more	2 job openings
Shriram Life Insurance Area Business Manager Salary 1 - 13 years exp. (7 salaries)	₹2.4 L/yr - ₹7.3 L/yr 9% less
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ICICI Lombard General Insurance Company Area Business Manager Salary 7 - 14 years exp. (6 salaries)	₹2.1 L/yr - ₹12.7 L/yr 34% more
Reliance Nippon Life Insurance Area Business Manager Salary 1 - 12 years exp. (5 salaries)	₹2.4 L/yr - ₹6 L/yr 23% less
Kotak Mahindara Life Insurance Area Business Manager Salary 2 - 15 years exp. (5 salaries)	₹5.4 L/yr - ₹7.3 L/yr 16% more
SBI General Insurance Area Business Manager Salary 0 - 5 years exp. (4 salaries)	₹8.3 L/yr - ₹15 L/yr 98% more
Aditya Birla Sun Life Insurance Area Business Manager Salary 4 - 11 years exp. (4 salaries)	₹5.1 L/yr - ₹10 L/yr 50% more
Bajaj Allianz General Insurance Area Business Manager Salary 6 - 10 years exp. (4 salaries)	₹4.5 L/yr - ₹7 L/yr 6% more
Bajaj Allianz Life Insurance Area Business Manager Salary 6 - 12 years exp. (4 salaries)	₹3.2 L/yr - ₹10 L/yr 41% more
HDFC Ergo General Insurance Area Business Manager Salary 6 - 12 years exp. (3 salaries)	₹4 L/yr - ₹9 L/yr 39% more
PNB MetLife Area Business Manager Salary 4 - 15 years exp. (3 salaries)	₹5.1 L/yr - ₹11 L/yr 55% more
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Area Business Manager salary at Tata AIA Life Insurance ranges between ₹4 Lakhs to ₹6 Lakhs per year for employees with experience between 3 years to 16 years. Salary estimates are based on 5 latest salaries received from various employees of Tata AIA Life Insurance.

Experience wise Tata AIA Life Insurance Area Business Manager salaries

Last Updated: 1 Mar 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹9.2 L/yr
4 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
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5 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
6 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹5.8 L/yr
7 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
8 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
9 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6.1 L/yr
10 years (AmbitionBox Estimate)	₹4 L/yr - ₹6 L/yr
11 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
12 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
13 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
14 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
15+ years (AmbitionBox Estimate)	₹2.2 L/yr - ₹5.7 L/yr

View all

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Salary related reviews for Tata AIA Life Insurance

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

+3 more

Dislikes

...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

+1 more

Relationship Manager in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 30 Sep 2024

1.0

for Salary and Benefits

Likes

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

Skill development - Good

+2 more

Dislikes

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

Salary - Bad

+3 more

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.

see more salary related reviews

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Tata AIA Life Insurance Area Business Manager Salary FAQs

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

The average salary of a Area Business Manager at Tata AIA Life Insurance in India typically ranges from ₹4.0 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 3 years to 16 years).

The top 10% of Area Business Manager at Tata AIA Life Insurance earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Area Business 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 5 Tata AIA Life Insurance employees in India.

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

The estimated take-home salary of a Area Business Manager at Tata AIA Life Insurance in India typically ranges from ₹39,848 to ₹41,015 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 3 years to 16 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 Tata AIA Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

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

SBI General Insurance	₹8.3 Lakhs to ₹15.0 Lakhs per year
PNB MetLife	₹5.1 Lakhs to ₹11.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹5.1 Lakhs to ₹10.0 Lakhs per year
Bajaj Allianz Life Insurance	₹3.2 Lakhs to ₹10.0 Lakhs per year
HDFC Ergo General Insurance	₹4.0 Lakhs to ₹9.0 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 Area Business Manager in companies similar to Tata AIA Life Insurance in India?

The salary of a Area Business 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:

ICICI Lombard General Insurance Company	₹2.1 Lakhs to ₹12.7 Lakhs per year
Kotak Mahindara Life Insurance	₹5.4 Lakhs to ₹7.3 Lakhs per year
Bajaj Allianz General Insurance	₹4.5 Lakhs to ₹7.0 Lakhs per year
HDFC Life	₹2.4 Lakhs to ₹8.5 Lakhs per year
Shriram Life Insurance	₹2.4 Lakhs to ₹7.3 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 Area Business Manager at Tata AIA Life Insurance in India?

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

Experience	Average Salary Range
3 years	₹4.9 Lakhs to ₹9.2 Lakhs per year
4 years	₹4.6 Lakhs to ₹5.9 Lakhs per year
5 years	₹4.6 Lakhs to ₹5.9 Lakhs per year
6 years	₹2.1 Lakhs to ₹5.8 Lakhs per year

and so on.

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Tata AIA Life Insurance Area Business Manager Salaries

Tata AIA Life Insurance Area Business Manager salary in India ranges between ₹4 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Tata AIA Life Insurance latest salaries received from various employees of Tata AIA Life Insurance.