Tata AIA Life Insurance Mumbai Territory Manager Salaries by 6 Employees (Updated 2025)

5 - 12 years exp.

₹6.5 Lakhs - ₹8.5 Lakhs

Salary of majority employees

At par with the average Territory Manager Salary in Insurance Companies for 5 - 12 years of experience

Interested in this particular role? 3 job openings

Last Updated: 5 Feb 2025

Companies similar to Tata AIA Life Insurance for Territory Manager in Mumbai

Tata AIA Life Insurance Territory Manager Salary

5 - 12 years exp. (6 salaries)

₹6.5 L/yr - ₹8.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Territory Manager Salary 8 - 20 years exp. (23 salaries)	₹5.5 L/yr - ₹17.2 L/yr 73% more
Max Life Insurance Territory Manager Salary 13 - 16 years exp. (3 salaries)	₹10.4 L/yr - ₹16 L/yr 75% more
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Bajaj Allianz Life Insurance Territory Manager Salary 5 - 15 years exp. (14 salaries)	₹4.5 L/yr - ₹8 L/yr 13% less
PNB MetLife Territory Manager Salary 4 - 13 years exp. (12 salaries)	₹5 L/yr - ₹10.2 L/yr 2% more
ICICI Lombard General Insurance Company Territory Manager Salary 1 - 10 years exp. (14 salaries)	₹6.6 L/yr - ₹11.1 L/yr 10% more
Bajaj Allianz General Insurance Territory Manager Salary 3 - 12 years exp. (8 salaries)	₹4.6 L/yr - ₹7 L/yr 28% less

Territory Manager salary at Tata AIA Life Insurance ranges between ₹6.5 Lakhs to ₹8.5 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 6 latest salaries received from various employees of Tata AIA Life Insurance.

Experience wise Tata AIA Life Insurance Territory Manager salaries in Mumbai

Last Updated: 5 Feb 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹13.5 L/yr
6 years (AmbitionBox Estimate)	₹7 L/yr - ₹13.6 L/yr
Login to view exact salary
7 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr
8 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr
9 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹8.1 L/yr
10 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹8.5 L/yr
11 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr
12 years (AmbitionBox Estimate)	₹7 L/yr - ₹14.3 L/yr

View all

Similar Designation salaries in Tata AIA Life Insurance

Relationship Manager Salary

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₹2 L/yr - ₹5 L/yr

Territory Sales Manager Salary

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₹6 L/yr - ₹11 L/yr

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Area Manager Salary

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Area Sales Manager Salary

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Senior Sales Manager Salary

(6 salaries)

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Deputy Manager Salary

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₹3.2 L/yr - ₹10.5 L/yr

Senior Territory Sales Manager Salary

(4 salaries)

₹5.5 L/yr - ₹6.6 L/yr

Top skills at Tata AIA Life Insurance for Territory Manager

MS Office Retail Sales Team Management Relationship Building Resource Allocation Risk Management Medical Underwriting Private Banking Recruitment Interpersonal Skills BW Business Development Bancassurance Salesforce Switching

Salary related reviews for Tata AIA Life Insurance

5.0

Rated by 1 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

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

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.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Tata AIA Life Insurance Territory Manager Salary FAQs

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

Territory Manager salary at Tata AIA Life Insurance in Mumbai ranges between ₹6.5 Lakhs to ₹8.5 Lakhs for experience between 5 years to 12 years. According to our estimates it is 2% less than the average Territory Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Tata AIA Life Insurance Mumbai.

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

The average salary of a Territory Manager at Tata AIA Life Insurance is 2% less than the average salary of a Territory Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Territory Manager at Tata AIA Life Insurance?

MS Office, Retail Sales, Team Management, Relationship Building and Resource Allocation are some of the popular skills required to work as a Territory Manager at Tata AIA Life Insurance Mumbai.

Which similar companies are paying more than Tata AIA Life Insurance to a Territory Manager in Mumbai?

Max Life Insurance Territory Manager Salary - ₹10.4 Lakhs to ₹16.0 Lakhs per year
HDFC Life Territory Manager Salary - ₹5.5 Lakhs to ₹17.2 Lakhs per year
ICICI Lombard General Insurance Company Territory Manager Salary - ₹6.6 Lakhs to ₹11.1 Lakhs per year
PNB MetLife Territory Manager Salary - ₹5.0 Lakhs to ₹10.2 Lakhs per year

What is the salary of a Territory Manager in companies similar to Tata AIA Life Insurance in Mumbai?

Bajaj Allianz Life Insurance Territory Manager Salary - ₹4.5 Lakhs to ₹8.0 Lakhs per year
Bajaj Allianz General Insurance Territory Manager Salary - ₹4.6 Lakhs to ₹7.0 Lakhs per year

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

The estimated take-home salary of a Territory Manager at Tata AIA Life Insurance ranges between ₹57,585 per month to ₹59,034 per month in Mumbai. The take-home salary calculation is based on the average Tata AIA Life Insurance Territory Manager salary in India which ranges between ₹6.5 Lakhs to ₹8.5 Lakhs per year for employees with experience between 5 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Territory Manager at Tata AIA Life Insurance in Mumbai?

According to AmbitionBox, 100% of the Tata AIA Life Insurance Territory Managers in Mumbai reported a notice period of 2 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Tata AIA Life Insurance Territory Manager Salaries in Mumbai

Tata AIA Life Insurance Territory Manager salary in Mumbai ranges between ₹6.5 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Tata AIA Life Insurance latest salaries received from various employees of Tata AIA Life Insurance.