Tata AIA Life Insurance ASM Salaries by 4 Employees

4 - 11 years exp.

₹4 Lakhs - ₹4.3 Lakhs

Low Confidence

Salary of majority employees

45% less than the average ASM Salary in Insurance Companies for 4 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading ASM Salary 4 - 11 years exp. (3 salaries)	₹3.6 L/yr - ₹4.4 L/yr
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Sales & Business Development ASM Salary 8 years exp. (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.7 L/yr

Last Updated: 23 Oct 2023

Companies similar to Tata AIA Life Insurance for ASM

Company name	Avg Annual Salary	Open Jobs
Axis Max Life Insurance ASM Salary 1 - 9 years exp. (115 salaries)	₹2.5 L/yr - ₹4.8 L/yr 9% less
HDFC Life ASM Salary 0 - 8 years exp. (62 salaries)	₹2.7 L/yr - ₹5 L/yr 2% less
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Aditya Birla Health Insurance Co ASM Salary 1 - 6 years exp. (18 salaries)	₹2.2 L/yr - ₹4.5 L/yr 21% less
Reliance Nippon Life Insurance ASM Salary 1 - 13 years exp. (10 salaries)	₹2 L/yr - ₹3.6 L/yr 37% less
Aditya Birla Sun Life Insurance ASM Salary 0 - 5 years exp. (10 salaries)	₹2.3 L/yr - ₹3.5 L/yr 31% less
HDFC Ergo General Insurance ASM Salary 0 - 9 years exp. (4 salaries)	₹3.2 L/yr - ₹10.5 L/yr 25% more
ICICI Prudential Life Insurance ASM Salary 1 - 3 years exp. (3 salaries)	₹4.5 L/yr - ₹4.9 L/yr 18% more
Life Insurance Corporation of India ASM Salary 7 - 8 years exp. (3 salaries)	₹3 L/yr - ₹5 L/yr 6% more
ICICI Lombard General Insurance Company ASM Salary 5 - 10 years exp. (3 salaries)	₹7.6 L/yr - ₹30 L/yr 356% more
Bajaj Allianz General Insurance ASM Salary 4 - 15 years exp. (3 salaries)	₹5.7 L/yr - ₹9 L/yr 82% more
Bajaj Allianz Life Insurance ASM Salary 1 - 5 years exp. (3 salaries)	₹1.9 L/yr - ₹2.3 L/yr 45% less
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ASM salary at Tata AIA Life Insurance ranges between ₹4 Lakhs to ₹4.3 Lakhs per year for employees with experience between 4 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Tata AIA Life Insurance.

Experience wise Tata AIA Life Insurance ASM salaries

Last Updated: 23 Oct 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
5 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
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6 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
7 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
8 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
9 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
10 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
11 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr

View all

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Salary related reviews for Tata AIA Life Insurance

3.8

Rated by 2 employees for salary & benefits

Key Account Manager in New Delhi (working remotely)

Full Time

Sales & Business Development Department

1.0

• posted on 04 Feb 2025

4.0

for Salary and Benefits

Likes

Only they will give you salary .. package . Rest will be in rest in piece

Salary - Good

Dislikes

No work life balance , no timing of work life culture . You will receive call from your seniors at any time till 10:30 pm Don't join the company

Job security - Bad

+3 more

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

Corporate Accounts Manager in Agra

BFSI, Investments & Trading Department

1.0

• posted on 10 Apr 2022

1.0

for Salary and Benefits

Likes

... over there. manager get your business in there code. worst working environment. even your salary half of the part has been spent by bank staff by the name of the lisening. you can't able to give time to your family and get frustrated. even on holidays they called you for the sourcing of the business and waste your time on the name of pathshala training. if you are single and don't have worth in another company than you may join. but on serious note your life will gone a hell. your TSM has its self sourcing code but due to employment pressure you also have to give business to him for the activation. not a penny of incentive you get in this company and not a single MIS shared regarding your incentive slab. they only want you to work like a salavery. in each and every morning meeting they realise and feel you shame and demotivate you regarding that you are getting this salary and not doing enough business. even they had medical tieup with star health and if you or your family gwt admit in the hospital there is no support from anyone in the company and at last you have to pay it from your pocket.

Dislikes

Salary - Bad
Skill development - Bad

+5 more

see more salary related reviews

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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

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Tata AIA Life Insurance ASM Salary FAQs

What is the salary of ASM at Tata AIA Life Insurance ?

The average salary of a ASM at Tata AIA Life Insurance in India typically ranges from ₹4.0 Lakhs to ₹4.3 Lakhs per year, depending on experience (from 4 years to 11 years).

The top 10% of ASM at Tata AIA Life Insurance earn more than ₹4.3 Lakhs per year, and the top 1% earn over ₹4.3 Lakhs per year. ASM 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 ASM at Tata AIA Life Insurance in India?

The estimated take-home salary of a ASM at Tata AIA Life Insurance in India typically ranges from ₹30,149 to ₹31,461 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹4.3 Lakhs per year for employees with experience ranging from 4 years to 11 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.

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

ICICI Lombard General Insurance Company	₹7.6 Lakhs to ₹30.0 Lakhs per year
Bajaj Allianz General Insurance	₹5.7 Lakhs to ₹9.0 Lakhs per year
HDFC Ergo General Insurance	₹3.2 Lakhs to ₹10.5 Lakhs per year
ICICI Prudential Life Insurance	₹4.5 Lakhs to ₹4.9 Lakhs per year
Life Insurance Corporation of India	₹3.0 Lakhs to ₹5.0 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 ASM in companies similar to Tata AIA Life Insurance in India?

The salary of a ASM 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:

HDFC Life	₹2.7 Lakhs to ₹5.0 Lakhs per year
Axis Max Life Insurance	₹2.5 Lakhs to ₹4.8 Lakhs per year
Aditya Birla Health Insurance Co	₹2.2 Lakhs to ₹4.5 Lakhs per year
Aditya Birla Sun Life Insurance	₹2.3 Lakhs to ₹3.5 Lakhs per year
Reliance Nippon Life Insurance	₹2.0 Lakhs to ₹3.6 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 ASM at Tata AIA Life Insurance in India?

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

Experience	Average Salary Range
4 years	₹3.7 Lakhs to ₹4.7 Lakhs per year
5 years	₹3.7 Lakhs to ₹4.7 Lakhs per year
6 years	₹3.7 Lakhs to ₹4.7 Lakhs per year
7 years	₹3.7 Lakhs to ₹4.7 Lakhs per year

and so on.

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Tata AIA Life Insurance ASM Salaries

Tata AIA Life Insurance ASM salary in India ranges between ₹4 Lakhs to ₹4.3 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.