Tata AIA Life Insurance Team Manager Salaries by 9 Employees

4 - 15 years exp.

₹4 Lakhs - ₹16.7 Lakhs

Low Confidence

Salary of majority employees

40% less than the average Team Manager Salary in Insurance Companies for 4 - 15 years of experience

Interested in this particular role?

Last Updated: 21 Aug 2023

Companies similar to Tata AIA Life Insurance for Team Manager

Company name	Avg Annual Salary	Open Jobs
Gallagher Team Manager Salary 7 - 14 years exp. (210 salaries)	₹4.3 L/yr - ₹14 L/yr 12% less
HDFC Life Team Manager Salary 1 - 10 years exp. (28 salaries)	₹3.5 L/yr - ₹7.3 L/yr 31% less
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ICICI Lombard General Insurance Company Team Manager Salary 2 - 16 years exp. (20 salaries)	₹2.5 L/yr - ₹11 L/yr 27% less
Star Health & Allied Insurance Team Manager Salary 1 - 8 years exp. (17 salaries)	₹3 L/yr - ₹7.8 L/yr 54% less
Bajaj Allianz Life Insurance Team Manager Salary 0 - 10 years exp. (15 salaries)	₹2.2 L/yr - ₹11.1 L/yr 30% less
ICICI Prudential Life Insurance Team Manager Salary 1 - 8 years exp. (12 salaries)	₹3.8 L/yr - ₹9.6 L/yr 15% less
MetLife Team Manager Salary 5 - 17 years exp. (12 salaries)	₹13.7 L/yr - ₹34.4 L/yr 133% more
HDFC Ergo General Insurance Team Manager Salary 2 - 10 years exp. (12 salaries)	₹5.8 L/yr - ₹12.4 L/yr 24% less
Kotak Mahindara Life Insurance Team Manager Salary 0 - 7 years exp. (12 salaries)	₹1.2 L/yr - ₹7.5 L/yr 48% less
SBI Life Insurance Company Team Manager Salary 3 - 19 years exp. (11 salaries)	₹7.5 L/yr - ₹15 L/yr 26% more
Bajaj Allianz General Insurance Team Manager Salary 2 - 13 years exp. (10 salaries)	₹2.8 L/yr - ₹12 L/yr 32% less
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Axis Max Life Insurance Team Manager Salary 6 - 13 years exp. (9 salaries)	₹5.7 L/yr - ₹11.3 L/yr 14% more
Marsh Team Manager Salary 4 - 15 years exp. (8 salaries)	₹7.8 L/yr - ₹24.8 L/yr 76% more
SBI General Insurance Team Manager Salary 0 - 7 years exp. (7 salaries)	₹3.2 L/yr - ₹11.6 L/yr 32% less
PNB MetLife Team Manager Salary 2 - 11 years exp. (7 salaries)	₹4 L/yr - ₹15 L/yr 14% less	1 job opening
Aditya Birla Sun Life Insurance Team Manager Salary 3 - 11 years exp. (5 salaries)	₹5.5 L/yr - ₹12.3 L/yr 18% less
AXA Team Manager Salary 8 - 15 years exp. (5 salaries)	₹25 L/yr - ₹48 L/yr 228% more
AIG Team Manager Salary 5 - 14 years exp. (5 salaries)	₹11.5 L/yr - ₹30 L/yr 82% more
Reliance Nippon Life Insurance Team Manager Salary 1 - 10 years exp. (4 salaries)	₹6.9 L/yr - ₹11.5 L/yr 22% less
Shriram Life Insurance Team Manager Salary 4 - 16 years exp. (4 salaries)	₹2.5 L/yr - ₹14 L/yr 19% less

View all

Team Manager salary at Tata AIA Life Insurance ranges between ₹4 Lakhs to ₹16.7 Lakhs per year for employees with experience between 4 years to 15 years. Salary estimates are based on 9 latest salaries received from various employees of Tata AIA Life Insurance.

Experience wise Tata AIA Life Insurance Team Manager salaries

Last Updated: 21 Aug 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹15 L/yr
5 years (3 salaries)	₹4 L/yr - ₹15 L/yr
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6 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.1 L/yr
7 years (AmbitionBox Estimate)	₹4 L/yr - ₹17.5 L/yr
8 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.3 L/yr
9 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.4 L/yr
10 years (AmbitionBox Estimate)	₹4 L/yr - ₹18.1 L/yr
11 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.7 L/yr
12 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.8 L/yr
13 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
14 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹15 L/yr
15+ years (AmbitionBox Estimate)	₹4.2 L/yr - ₹15 L/yr

View all

Similar Designation salaries in Tata AIA Life Insurance

Area Manager Salary

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₹6 L/yr - ₹17.65 L/yr

Program Manager Salary

(14 salaries)

₹10 L/yr - ₹24.6 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Branch Manager Salary

(169 salaries)

₹5 L/yr - ₹17.65 L/yr

Deputy Manager Salary

(16 salaries)

₹3.2 L/yr - ₹10.5 L/yr

Team Lead Salary

(33 salaries)

₹1.95 L/yr - ₹8.41 L/yr

Project Manager Salary

(15 salaries)

₹14.2 L/yr - ₹25.02 L/yr

Department Manager Salary

(AmbitionBox Estimate)

₹15.6 L/yr - ₹19.9 L/yr

Cluster Manager Salary

(49 salaries)

₹4.51 L/yr - ₹18.62 L/yr

Operations Manager Salary

(21 salaries)

₹6.5 L/yr - ₹15.6 L/yr

Salary related reviews for Tata AIA Life Insurance

2.1

Rated by 4 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

+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

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.

Relationship Manager in Kolkata

Sales & Business Development Department

5.0

• posted on 22 Apr 2018

5.0

for Salary and Benefits

Likes

...raphy is there in every week for the Employee. Opportunities for career growth. Salary credited in second last day of the month, appraisal is there. TA is there. Incentive is more than their annual package. Team mates are very helpful. There is no space for politics. Tata Aia gives so much space, so much time to learn and grow with this company. Work-life equally balanced. Huge reward recognition, and benefits are there. If I talk about job security, the feeling is like working in a Central Govt. Company. They think about 'Security first' for their women employee and different type of activities are their for women employee. And last but not the least The Brand TATA, Tata Group Of Company, it is in our blood ( Tata salt ). It is truely our second home.

Salary - Excellent

+6 more

Dislikes

Not a single reason to dislike.

see more salary related reviews

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Salary Discussions, Hike & Promotions

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 Team Manager Salary FAQs

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

The average salary of a Team Manager at Tata AIA Life Insurance in India typically ranges from ₹4.0 Lakhs to ₹16.7 Lakhs per year, depending on experience (from 4 years to 15 years).

The top 10% of Team Manager at Tata AIA Life Insurance earn more than ₹21.8 Lakhs per year, and the top 1% earn over ₹26.3 Lakhs per year. Team 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 9 Tata AIA Life Insurance employees in India.

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

The estimated take-home salary of a Team Manager at Tata AIA Life Insurance in India typically ranges from ₹71,362 to ₹73,201 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹16.7 Lakhs per year for employees with experience ranging from 4 years to 15 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 9 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 Team Manager in India?

AXA	₹25.0 Lakhs to ₹48.0 Lakhs per year
MetLife	₹13.7 Lakhs to ₹34.4 Lakhs per year
Allianz	₹5.8 Lakhs to ₹29.6 Lakhs per year
Principal Global Services	₹11.0 Lakhs to ₹29.3 Lakhs per year
AIG	₹11.5 Lakhs to ₹30.0 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 Team Manager in companies similar to Tata AIA Life Insurance in India?

The salary of a Team 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:

Marsh	₹7.8 Lakhs to ₹24.8 Lakhs per year
SBI Life Insurance Company	₹7.5 Lakhs to ₹15.0 Lakhs per year
Axis Max Life Insurance	₹5.7 Lakhs to ₹11.3 Lakhs per year
Aditya Birla Health Insurance Co	₹6.5 Lakhs to ₹16.2 Lakhs per year
Gallagher	₹4.3 Lakhs to ₹14.0 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 Team Manager at Tata AIA Life Insurance in India?

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

Experience	Average Salary Range
4 years	₹3.8 Lakhs to ₹15.0 Lakhs per year
5 years	₹4.0 Lakhs to ₹15.0 Lakhs per year
6 years	₹8.7 Lakhs to ₹11.1 Lakhs per year
7 years	₹4.0 Lakhs to ₹17.5 Lakhs per year

and so on.

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Tata AIA Life Insurance Team Manager Salaries

Tata AIA Life Insurance Team Manager salary in India ranges between ₹4 Lakhs to ₹16.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Tata AIA Life Insurance latest salaries received from various employees of Tata AIA Life Insurance.