Tata AIA Life Insurance Territory Manager Bancassurance Salaries by 5 Employees

4 - 18 years exp.

₹5.5 Lakhs - ₹7 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

37% less than the average Territory Manager Bancassurance Salary in Insurance Companies for 4 - 18 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Tata AIA Life Insurance for Territory Manager Bancassurance

Company name	Avg Annual Salary	Open Jobs
HDFC Life Territory Manager Bancassurance Salary 8 - 19 years exp. (18 salaries)	₹5.4 L/yr - ₹20 L/yr 108% more
PNB MetLife Territory Manager Bancassurance Salary 5 - 15 years exp. (16 salaries)	₹6.5 L/yr - ₹9.8 L/yr 28% more
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ICICI Prudential Life Insurance Territory Manager Bancassurance Salary 1 - 4 years exp. (4 salaries)	₹2.6 L/yr - ₹6 L/yr 17% less
Bajaj Allianz Life Insurance Territory Manager Bancassurance Salary 13 - 15 years exp. (4 salaries)	₹13.5 L/yr - ₹17 L/yr 145% more
HDFC Ergo General Insurance Territory Manager Bancassurance Salary 8 - 15 years exp. (4 salaries)	₹7 L/yr - ₹7.9 L/yr 18% more
Bajaj Allianz General Insurance Territory Manager Bancassurance Salary 5 - 16 years exp. (3 salaries)	₹4 L/yr - ₹6 L/yr 23% less

Territory Manager Bancassurance salary at Tata AIA Life Insurance ranges between ₹5.5 Lakhs to ₹7 Lakhs per year for employees with experience between 4 years to 18 years. Salary estimates are based on 5 latest salaries received from various employees of Tata AIA Life Insurance.

Experience wise Tata AIA Life Insurance Territory Manager Bancassurance salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹10.7 L/yr
5 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹10.8 L/yr
Login to view exact salary
6 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹10.8 L/yr
7 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
8 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
9 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
10 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
11 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.2 L/yr
12 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
13 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
14 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
15+ years (AmbitionBox Estimate)	₹6.5 L/yr - ₹7 L/yr

View all

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Top skills at Tata AIA Life Insurance for Territory Manager Bancassurance

Relationship Building Team Handling Finance Salesforce Life Insurance Sales Operations Biochemistry Subject Matter Expertise Product Management Performance Management Team Management

Salary related reviews for Tata AIA Life Insurance

1.6

Rated by 2 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.

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..

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

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.

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

Skill development - Bad

+4 more

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

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Tata AIA Life Insurance Territory Manager Bancassurance Salary FAQs

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

The average salary of a Territory Manager Bancassurance at Tata AIA Life Insurance in India typically ranges from ₹5.5 Lakhs to ₹7.0 Lakhs per year, depending on experience (from 4 years to 18 years).

The top 10% of Territory Manager Bancassurance at Tata AIA Life Insurance earn more than ₹7.0 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Territory 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 Territory Manager Bancassurance at Tata AIA Life Insurance in India?

The estimated take-home salary of a Territory Manager Bancassurance at Tata AIA Life Insurance in India typically ranges from ₹47,626 to ₹48,753 per month. This is based on the average salary range of ₹5.5 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from 4 years to 18 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 Territory Manager Bancassurance at Tata AIA Life Insurance ?

To be a Territory Manager Bancassurance at Tata AIA Life Insurance in india, the key skills required include:

- Relationship Building
- Team Handling
- Finance
- Salesforce
- Life Insurance

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 Territory Manager Bancassurance in India?

Bajaj Allianz Life Insurance	₹13.5 Lakhs to ₹17.0 Lakhs per year
HDFC Life	₹5.4 Lakhs to ₹20.0 Lakhs per year
PNB MetLife	₹6.5 Lakhs to ₹9.8 Lakhs per year
HDFC Ergo General Insurance	₹7.0 Lakhs to ₹7.9 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 Territory Manager Bancassurance in companies similar to Tata AIA Life Insurance in India?

The salary of a Territory 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:

ICICI Prudential Life Insurance	₹2.6 Lakhs to ₹6.0 Lakhs per year
Bajaj Allianz General Insurance	₹4.0 Lakhs to ₹6.0 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 Territory Manager Bancassurance at Tata AIA Life Insurance in India?

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

Experience	Average Salary Range
4 years	₹5.5 Lakhs to ₹10.7 Lakhs per year
5 years	₹5.5 Lakhs to ₹10.8 Lakhs per year
6 years	₹5.5 Lakhs to ₹10.8 Lakhs per year
7 years	₹5.5 Lakhs to ₹7.0 Lakhs per year

and so on.

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Tata AIA Life Insurance Territory Manager Bancassurance Salaries

Tata AIA Life Insurance Territory Manager Bancassurance salary in India ranges between ₹5.5 Lakhs to ₹7 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.

Tata AIA Life Insurance Territory Manager Bancassurance salaries in India

Companies similar to Tata AIA Life Insurance for Territory Manager Bancassurance

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

Experience wise Tata AIA Life Insurance Territory Manager Bancassurance salaries

Similar Designation salaries in Tata AIA Life Insurance

Top skills at Tata AIA Life Insurance for Territory Manager Bancassurance

Salary related reviews for Tata AIA Life Insurance

Bancassurance Manager in Gurgaon / Gurugram

Relationship Manager in Hyderabad / Secunderabad

Relationship Manager in Bangalore / Bengaluru

Branch Training Manager in Kapurthala

Branch Training Manager in Jalandhar

Tata AIA Life Insurance Territory Manager Bancassurance Salary FAQs

Tell us how to improve this page.