Tata AIA Life Insurance Area Business Manager Salaries by 4 Employees (Updated 2024)

6 - 10 years exp.

₹4 Lakhs - ₹8 Lakhs

Low Confidence

Salary of majority employees

34% less than the average Area Business Manager Salary in Insurance Companies for 6 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Business Manager Salary 10 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr
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Sales & Business Development Area Business Manager Salary 10 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.6 L/yr

Last Updated: 17 Sep 2024

Companies similar to Tata AIA Life Insurance for Area Business Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Area Business Manager Salary 1 - 12 years exp. (5 salaries)	₹2.3 L/yr - ₹9.5 L/yr 5% less
HDFC Life Area Business Manager Salary 0 - 15 years exp. (242 salaries)	₹2.4 L/yr - ₹8.5 L/yr 11% less	2 job openings
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SBI Life Insurance Company Area Business Manager Salary 1 - 6 years exp. (3 salaries)	₹5 L/yr - ₹9.2 L/yr 11% more
Bajaj Allianz Life Insurance Area Business Manager Salary 0 - 8 years exp. (7 salaries)	₹3 L/yr - ₹8 L/yr 13% less
Reliance Nippon Life Insurance Area Business Manager Salary 5 - 10 years exp. (4 salaries)	₹4 L/yr - ₹7 L/yr 1% less
Kotak Mahindara Life Insurance Area Business Manager Salary 3 - 15 years exp. (5 salaries)	₹5.4 L/yr - ₹14 L/yr 44% more
Aditya Birla Sun Life Insurance Area Business Manager Salary 4 - 11 years exp. (4 salaries)	₹5.1 L/yr - ₹10 L/yr 34% more
PNB MetLife Area Business Manager Salary 4 - 15 years exp. (3 salaries)	₹5.1 L/yr - ₹11 L/yr 39% more
Shriram Life Insurance Area Business Manager Salary 1 - 13 years exp. (7 salaries)	₹2.4 L/yr - ₹7.3 L/yr 19% less
ICICI Lombard General Insurance Company Area Business Manager Salary 7 - 14 years exp. (6 salaries)	₹2.1 L/yr - ₹12.7 L/yr 20% more
Care Health Insurance Area Business Manager Salary 3 - 12 years exp. (6 salaries)	₹4 L/yr - ₹6 L/yr 22% less
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SBI General Insurance Area Business Manager Salary 0 - 5 years exp. (4 salaries)	₹8.3 L/yr - ₹15 L/yr 77% more
HDFC Ergo General Insurance Area Business Manager Salary 6 - 12 years exp. (3 salaries)	₹4 L/yr - ₹9 L/yr 24% more

Area Business Manager salary at Tata AIA Life Insurance ranges between ₹4 Lakhs to ₹8 Lakhs per year for employees with experience between 6 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Tata AIA Life Insurance.

Experience wise Tata AIA Life Insurance Area Business Manager salaries

Last Updated: 17 Sep 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹5.8 L/yr
7 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.7 L/yr
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8 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
9 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.8 L/yr
10 years (3 salaries)	₹4 L/yr - ₹8 L/yr

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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

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..

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

Dislikes

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

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.

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.

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.

Dislikes

There is 2 months notice period criteria for confirmed employees.

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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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?

Area Business Manager salary at Tata AIA Life Insurance in India ranges between ₹4.0 Lakhs to ₹8.0 Lakhs for experience between 6 years to 10 years. According to our estimates it is 34% less than the average Area Business Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Tata AIA Life Insurance India.

How does the salary of a Area Business Manager at Tata AIA Life Insurance India compare with the average salary range for this job?

The average salary of a Area Business Manager at Tata AIA Life Insurance is 34% less than the average salary of a Area Business Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Tata AIA Life Insurance to a Area Business Manager in India?

SBI General Insurance Area Business Manager Salary - ₹8.3 Lakhs to ₹15.0 Lakhs per year
Kotak Mahindara Life Insurance Area Business Manager Salary - ₹5.4 Lakhs to ₹14.0 Lakhs per year
PNB MetLife Area Business Manager Salary - ₹5.1 Lakhs to ₹11.0 Lakhs per year
Aditya Birla Sun Life Insurance Area Business Manager Salary - ₹5.1 Lakhs to ₹10.0 Lakhs per year
HDFC Ergo General Insurance Area Business Manager Salary - ₹4.0 Lakhs to ₹9.0 Lakhs per year

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

ICICI Lombard General Insurance Company Area Business Manager Salary - ₹2.1 Lakhs to ₹12.7 Lakhs per year
SBI Life Insurance Company Area Business Manager Salary - ₹5.0 Lakhs to ₹9.2 Lakhs per year
Reliance Nippon Life Insurance Area Business Manager Salary - ₹4.0 Lakhs to ₹7.0 Lakhs per year
ICICI Prudential Life Insurance Area Business Manager Salary - ₹2.3 Lakhs to ₹9.5 Lakhs per year
HDFC Life Area Business Manager Salary - ₹2.4 Lakhs to ₹8.5 Lakhs per year

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 ranges between ₹44,793 per month to ₹45,887 per month in India. The take-home salary calculation is based on the average Tata AIA Life Insurance Area Business Manager salary in India which ranges between ₹4.0 Lakhs to ₹8.0 Lakhs per year for employees with experience between 6 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Area Business Manager at Tata AIA Life Insurance?

According to AmbitionBox, 50% of the Tata AIA Life Insurance Area Business Manager s reported a notice period of 2 Months, 25% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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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 ₹8 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.