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Tata AIA Life Insurance

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4.0

based on 3.3k Reviews

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Tata AIA Life Insurance Sales Manager Bancassurance salaries in India

Annual salary range
3 - 5 years exp.
₹2.3 Lakhs - ₹4 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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22% less than the average Sales Manager Bancassurance Salary in Insurance Companies for 3 - 5 years of experience

Interested in this particular role?

Last Updated: 14 Mar 2023

Companies similar to Tata AIA Life Insurance for Sales Manager Bancassurance

Company name Avg Annual Salary Open Jobs
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Bajaj Allianz General Insurance Sales Manager Bancassurance Salary

0 - 13 years exp. (24 salaries)
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₹1.7 L/yr - ₹6 L/yr

arrow icon 24% more
 23 job openings
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HDFC Life Sales Manager Bancassurance Salary

0 - 9 years exp. (20 salaries)
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₹1.8 L/yr - ₹7 L/yr

arrow icon 9% less
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HDFC Ergo General Insurance Sales Manager Bancassurance Salary

2 - 12 years exp. (18 salaries)
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₹3.1 L/yr - ₹5.3 L/yr

arrow icon 16% more
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ICICI Prudential Life Insurance Sales Manager Bancassurance Salary

1 - 10 years exp. (16 salaries)
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₹5 L/yr - ₹10 L/yr

arrow icon 95% more
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ICICI Lombard General Insurance Company Sales Manager Bancassurance Salary

1 - 13 years exp. (14 salaries)
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₹3 L/yr - ₹10.6 L/yr

arrow icon 78% more
 1 job opening
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Bajaj Allianz Life Insurance Sales Manager Bancassurance Salary

3 - 7 years exp. (12 salaries)
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₹2.3 L/yr - ₹4.2 L/yr

arrow icon 1% more
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Kotak Mahindara Life Insurance Sales Manager Bancassurance Salary

2 - 10 years exp. (7 salaries)
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₹3.5 L/yr - ₹5.5 L/yr

arrow icon 29% more
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Aditya Birla Health Insurance Co Sales Manager Bancassurance Salary

4 - 7 years exp. (6 salaries)
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₹3.2 L/yr - ₹4.5 L/yr

arrow icon 18% more
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PNB MetLife Sales Manager Bancassurance Salary

0 - 4 years exp. (6 salaries)
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₹1.8 L/yr - ₹3.2 L/yr

arrow icon 33% less
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Reliance Nippon Life Insurance Sales Manager Bancassurance Salary

2 - 5 years exp. (4 salaries)
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₹2.3 L/yr - ₹3.9 L/yr

arrow icon 11% less
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Axis Max Life Insurance Sales Manager Bancassurance Salary

4 - 7 years exp. (4 salaries)
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₹3.1 L/yr - ₹4.7 L/yr

arrow icon 1% more
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Aditya Birla Sun Life Insurance Sales Manager Bancassurance Salary

0 - 11 years exp. (4 salaries)
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₹2.2 L/yr - ₹6.5 L/yr

arrow icon 10% more
Sales Manager Bancassurance salary at Tata AIA Life Insurance ranges between ₹2.3 Lakhs to ₹4 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Tata AIA Life Insurance.

Latest annual salaries shared by Tata AIA Life Insurance Sales Manager Bancassurance

1y ago
₹4 Lakhs
5 years exp.
1y ago
₹2.3 Lakhs
3 years exp.
1y ago
₹3.3 Lakhs
4 years exp.
1y ago
₹4 Lakhs
3 years exp.

Experience wise Tata AIA Life Insurance Sales Manager Bancassurance salaries

Last Updated: 14 Mar 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)

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₹1.5 L/yr - ₹4 L/yr

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₹2.4 L/yr - ₹5.5 L/yr

Top skills at Tata AIA Life Insurance for Sales Manager Bancassurance

Interpersonal Skills Risk Mitigation Relationship Building Resource Allocation MS Office Salesforce Risk Management Bancassurance CCTV Monitoring Beverage IT Support Team Handling Life Insurance Team Management Skills Communication Skills

Salary related reviews for Tata AIA Life Insurance

4.0

Rated by 1 employees for salary & benefits

Bancassurance Manager in Gurgaon / Gurugram

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 15 Jan 2025
5.0
 for  Salary and Benefits

Likes

Salary and incentive

  • Salary - Excellent
    • +2 more

Dislikes

My CM Karan Bagga was not good , due to him I'm terminated from the organisation in the case of compliance audit ,,all whole sole is responsible for that. All sign documents was check under the supervision of Senior manager. My 4 year career is zero. I'm in the condition to suicide but thanks to my previous TSM Karan Singh who support me in my tuff situation. I would appreciate if this type of suffocating thing will not happen and make sure like My CM should not be working.

read more
  • Skill development - Poor
    • +1 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..

read more
  • 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

read more
  • Salary - Bad
    • +3 more

Branch Training Manager in Kapurthala

Full Time

 · 

Teaching & Training Department

1.0
  •  posted on 20 Feb 2024
3.0
 for  Salary and Benefits

Likes

Salary and benefits sometimes

Dislikes

Join at your own risk Training department is not safe here Sales people have their monopoly They would buzz you in the group even at 4am They would call you to branches on Saturdays and Sundays….sometimes in public holidays too. Corporate level politics specifically at upper level….sales management decides which trainer they need…..rest all will be transferred to other far off locations and then harassed to travel to far off locations…. Be it male or be it female…..training department seniors have created lobbies with sales people to safeguard their jobs.

read more
  • Skill development - Bad
    • +5 more

Branch Training Manager in Jalandhar

Full Time

 · 

Teaching & Training Department

1.0
  •  posted on 03 Aug 2023
3.0
 for  Salary and Benefits

Likes

Salary Compensation Benefits

Dislikes

Toxic work culture No work life balance Seniors will mail the communication at late night hours. Company politics involved at all level effecting grass root level Lobbying created by seniors thus eliminating or neglecting the genuine talent. Company is made up of bootlickers People/senior pleaser culture will give you promotion

read more
  • Skill development - Bad
    • +4 more
see more salary related reviews

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New offer. Confused.
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 Sales Manager Bancassurance Salary FAQs

What is the salary of Sales Manager Bancassurance at Tata AIA Life Insurance ?
The average salary of a Sales Manager Bancassurance at Tata AIA Life Insurance in India typically ranges from ₹2.3 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 3 years to 5 years).

The top 10% of Sales Manager Bancassurance at Tata AIA Life Insurance earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Sales Manager Bancassurance 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 Sales Manager Bancassurance at Tata AIA Life Insurance in India?
The estimated take-home salary of a Sales Manager Bancassurance at Tata AIA Life Insurance in India typically ranges from ₹25,151 to ₹26,587 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 3 years to 5 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.
What are the key skills required to be a Sales Manager Bancassurance at Tata AIA Life Insurance ?
To be a Sales Manager Bancassurance at Tata AIA Life Insurance in india, the key skills required include:

  • - Interpersonal Skills
  • - Risk Mitigation
  • - Relationship Building
  • - Resource Allocation
  • - MS Office

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 Sales Manager Bancassurance in India?
ICICI Prudential Life Insurance ₹5.0 Lakhs to ₹10.0 Lakhs per year
ICICI Lombard General Insurance Company ₹3.0 Lakhs to ₹10.6 Lakhs per year
Kotak Mahindara Life Insurance ₹3.5 Lakhs to ₹5.5 Lakhs per year
Bajaj Allianz General Insurance ₹1.7 Lakhs to ₹6.0 Lakhs per year
Aditya Birla Health Insurance Co ₹3.2 Lakhs to ₹4.5 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 Sales Manager Bancassurance in companies similar to Tata AIA Life Insurance in India?
The salary of a Sales Manager Bancassurance 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 Ergo General Insurance ₹3.1 Lakhs to ₹5.3 Lakhs per year
Aditya Birla Sun Life Insurance ₹2.2 Lakhs to ₹6.5 Lakhs per year
Axis Max Life Insurance ₹3.1 Lakhs to ₹4.7 Lakhs per year
Bajaj Allianz Life Insurance ₹2.3 Lakhs to ₹4.2 Lakhs per year
HDFC Life ₹1.8 Lakhs to ₹7.0 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 Sales Manager Bancassurance at Tata AIA Life Insurance in India?
The salary growth for a Sales Manager Bancassurance at Tata AIA Life Insurance depends on factors such as experience, performance, and promotions. On average, a Sales Manager Bancassurance can expect the following growth trajectory at Tata AIA Life Insurance:

Experience Average Salary Range
3 years ₹2.3 Lakhs to ₹4.0 Lakhs per year
4 years ₹3.3 Lakhs to ₹4.0 Lakhs per year
5 years ₹1.5 Lakhs to ₹4.0 Lakhs per year
and so on.

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Tata AIA Life Insurance Sales Manager Bancassurance Salaries by Location

Tata AIA Life Insurance Sales Manager Bancassurance salary in India ranges between ₹2.3 Lakhs to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Tata AIA Life Insurance latest salaries received from various employees of Tata AIA Life Insurance.