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Aegon Life Insurance

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3.8

based on 221 Reviews

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  • About
  • Reviews
    221
  • Salaries
    940
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Aegon Life Insurance Sales Manager salaries in India

Annual salary range
4 - 9 years exp.
₹3.5 Lakhs - ₹5 Lakhs
Salary of majority employees info icon
Avg. annual salary
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Monthly In-hand Salary

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Sales Manager Salary at Aegon Life Insurance ranges between ₹3.5 Lakhs to ₹5 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 9 latest salaries received... Read more

40% less than the average Sales Manager Salary in Insurance Companies for 4 - 9 years of experience

Interested in this particular role?

Last Updated: 17 Sep 2024

Companies similar to Aegon Life Insurance for Sales Manager

Company name Avg Annual Salary Open Jobs
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Aditya Birla Health Insurance Co Sales Manager Salary

0 - 8 years exp. (497 salaries)

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₹2.6 L/yr - ₹5.1 L/yr

arrow icon 6% less
Logo
Future Generali India Life Insurance Sales Manager Salary

0 - 10 years exp. (432 salaries)

unlock blur

₹2 L/yr - ₹6 L/yr

arrow icon 12% less
82 job openings
Login to view exact salary info icon
Logo
Bharti AXA Life Insurance Sales Manager Salary

1 - 12 years exp. (110 salaries)

unlock blur

₹2.1 L/yr - ₹7.4 L/yr

arrow icon 1% less
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Aviva Life Insurance India Sales Manager Salary

1 - 13 years exp. (105 salaries)

unlock blur

₹1.9 L/yr - ₹5.3 L/yr

arrow icon 10% less
2 job openings
Logo
Cholamandalam MS General Insurance Sales Manager Salary

0 - 10 years exp. (81 salaries)

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₹2.8 L/yr - ₹5.6 L/yr

arrow icon 5% less
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Edelweiss Life Insurance Sales Manager Salary

3 - 9 years exp. (41 salaries)

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₹2.5 L/yr - ₹6 L/yr

arrow icon 8% less
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Ageas Federal Life Insurance Sales Manager Salary

1 - 10 years exp. (25 salaries)

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₹2.9 L/yr - ₹7.6 L/yr

arrow icon 7% more
Logo
Magma General Insurance Limited Sales Manager Salary

0 - 13 years exp. (21 salaries)

unlock blur

₹3.3 L/yr - ₹7.3 L/yr

arrow icon 10% more
Logo
MetLife Sales Manager Salary

1 - 7 years exp. (20 salaries)

unlock blur

₹1.8 L/yr - ₹4 L/yr

arrow icon 25% less
Logo
Liberty General Insurance Sales Manager Salary

4 - 10 years exp. (19 salaries)

unlock blur

₹2.8 L/yr - ₹8.2 L/yr

arrow icon 26% more
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Royal Sundaram General Insurance Sales Manager Salary

1 - 6 years exp. (16 salaries)

unlock blur

₹1.8 L/yr - ₹9.2 L/yr

arrow icon 1% less
Login to view exact salary info icon
Logo
IndiaFirst Life Insurance Sales Manager Salary

4 - 8 years exp. (15 salaries)

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₹3.7 L/yr - ₹6.1 L/yr

arrow icon 4% less
1 job opening
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ManipalCigna Health Insurance Sales Manager Salary

1 - 15 years exp. (15 salaries)

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₹3 L/yr - ₹6 L/yr

arrow icon 12% less
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Universal Sompo General Insurance Sales Manager Salary

2 - 15 years exp. (13 salaries)

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₹2.8 L/yr - ₹6.5 L/yr

arrow icon 27% more
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Shriram General Insurance Sales Manager Salary

2 - 13 years exp. (7 salaries)

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₹2.1 L/yr - ₹3.5 L/yr

arrow icon 31% less
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CignaTTk Health Insurance Sales Manager Salary

3 - 10 years exp. (6 salaries)

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₹2.9 L/yr - ₹3.8 L/yr

arrow icon 25% less
Logo
Medi Assist India Sales Manager Salary

1 - 5 years exp. (4 salaries)

unlock blur

₹1.9 L/yr - ₹14.2 L/yr

arrow icon 73% more
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Allianz Partners Sales Manager Salary

15 - 17 years exp. (3 salaries)

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₹15 L/yr - ₹18.5 L/yr

arrow icon 303% more
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Aegon Religare Life Insurance Sales Manager Salary

6 - 9 years exp. (3 salaries)

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₹3.3 L/yr - ₹5.3 L/yr

arrow icon 17% more

Aegon Life Insurance Sales Manager salaries by

Years of experience Avg. annual salary
4 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.8 L/yr
5 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.9 L/yr
Login to view exact salary info icon
6 years  (3 salaries)

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₹3.9 L/yr - ₹5 L/yr
7 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹4.9 L/yr
8 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹5 L/yr
9 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹5 L/yr
View all salaries by experience

Similar Designation Salaries at Aegon Life Insurance

Similar Designation Avg. annual salary
Area Manager Salary
(5 salaries)
unlock-blur

₹12 L/yr - ₹14 L/yr

Branch Manager Salary
(4 salaries)
unlock-blur

₹5.1 L/yr - ₹13.5 L/yr

Login to view exact salary info icon
Area Sales Manager Salary
(3 salaries)
unlock-blur

₹13 L/yr - ₹14 L/yr

Deputy Manager Salary
(AmbitionBox Estimate)
unlock-blur

₹6.3 L/yr - ₹8 L/yr

Business Manager Salary
(4 salaries)
unlock-blur

₹2.5 L/yr - ₹3.7 L/yr

Senior Sales Manager Salary
(6 salaries)
unlock-blur

₹3.1 L/yr - ₹5.2 L/yr

Regional Manager Salary
(5 salaries)
unlock-blur

₹15 L/yr - ₹25.4 L/yr

Sales Executive Salary
(AmbitionBox Estimate)
unlock-blur

₹2.3 L/yr - ₹2.9 L/yr

Territory Manager Salary
(3 salaries)
unlock-blur

₹8.3 L/yr - ₹9.8 L/yr

Relationship Manager Salary
(133 salaries)
unlock-blur

₹2.5 L/yr - ₹4 L/yr

View more similar designations

Top trending discussions

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Salary Discussions, Hike & Promotions
6d
a senior executive
GF salary Vs. My salary
Me and my gf have been dating for 5 years. Back in 2020, I started my career with a package of ₹5 LPA. Over the years, I’ve reached ₹22 LPA in 2025. She started her journey with ₹3 LPA(2020) and is now earning ₹8 LPA(2025). We’ve been in a live-in relationship for around 2 years, and the idea was to share expenses equally. But, equal sharing never really happened. If we go to a café she likes, especially with friends, I will pay the entire bill. We only split the house rent and grocery bills. I told her lots of time to cut down these costly cafe expenses or earn more money, increase your package, study and work hard, but.....she is now in her comfort zone. Being from a tech background, I have seen people upgrade their skills and package for a good life in metro cities. I am ready to support her in her studies, but she is like I am earning enough for myself.... No, you are not. I love her, but I don't know how to overcome this issue between us. Please suggest!
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Salary related reviews for Aegon Life Insurance

-

Rated by 1 employees for salary & benefits

Regional Manager in Kolkata

BFSI, Investments & Trading Department

1.0
  •  updated on 25 Oct 2021

4.0
 for  Salary and Benefits

Likes

Nothing good.

  • Salary - Good

Dislikes

To be short and precise, DON'T JOIN even if they offer you 2 times salary. Just check their past record. It's already twice that they have closed channels at their whims and put hundreds of people's career into jeopardy. Very weak management both in India and Abroad. They have a knee jerk reaction to problems. Stay away. They don't have any Branch also

read more
  • Skill development - Bad
  • +4 more

Relationship Manager in Pune

Sales & Business Development Department

2.0
  •  updated on 01 Nov 2018

2.0
 for  Salary and Benefits

Likes

Teammates are supportive. But managers are not so supportive and cooperative.

  • Job security - Good

Dislikes

They didn't pay me incentives earned during Jan 18 till date. BH/ABH will assure that you don't get paid on time. No quality data to work on and just too much useless pressure created

read more
  • Salary - Poor
  • +4 more

Assistant Manager (working remotely)

Full Time

 · 

Marketing & Communication Department

2.0
  •  updated on 23 Apr 2023

2.0
 for  Salary and Benefits

Likes

Remote work and some home office setup cost is only main benefit but they come at very high other costs.

Dislikes

HR department gives you false claims to lurk you towards closing job at their end. They will show how much you will gain and additional variable pay above your CTC which is not given at end of year claiming company is in loss and No yearly appraisals are given after HR run behinds you every month to fill data on their HR portals. Use less portals and they only working towards their image correction in market as they are in very bad condition right now. Do not buy this fruit of Aegon Job as its shiny outside and rotten inside.

read more
  • Salary - Poor
  • +5 more

DVP in HO Mumbai

Strategic & Top Management Department

5.0
  •  updated on 26 May 2022

4.0
 for  Salary and Benefits

Likes

... you are heard. Access to top leadership which is sensitive and not opinionated. Aegon has a flat structure and pay is the best in the sector.

read more
  • Salary - Good
  • +6 more

Dislikes

Nothing to dislike in the company or its culture.

Assistant Manager in Mumbai

BFSI, Investments & Trading Department

3.0
  •  updated on 20 May 2019

5.0
 for  Salary and Benefits

Likes

Every individual plays superb role as a Team. Salary is very high.

  • Salary - Excellent

Dislikes

But the Individuals are not helpful as internal customer. The Salary package is very high for each designation as compare to Market. So once you decide to leave Aegon, the other company will not recruit you because of your high salary.

read more
  • Skill development - Poor
  • +4 more
see more salary related reviews
More about working at Aegon Life Insurance
  • HQ - Mumbai, India
  • Insurance
  • 1k-5k Employees (India)
  • Financial Services

Aegon Life Insurance Sales Manager Salary FAQs

What is the salary of Sales Manager at Aegon Life Insurance ?
The average salary of a Sales Manager at Aegon Life Insurance in India typically ranges from ₹3.5 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 4 years to 9 years).

The top 10% of Sales Manager at Aegon Life Insurance earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Sales Manager Salaries at Aegon 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 Aegon Life Insurance employees in India.
What is the estimated take home salary of a Sales Manager at Aegon Life Insurance in India?
The estimated take-home salary of a Sales Manager at Aegon Life Insurance in India typically ranges from ₹31,959 to ₹33,244 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 4 years to 9 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 Aegon Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Aegon Life Insurance for Sales Manager in India?
Allianz Partners ₹15.0 Lakhs to ₹18.5 Lakhs per year
Medi Assist India ₹1.9 Lakhs to ₹14.2 Lakhs per year
Universal Sompo General Insurance ₹2.8 Lakhs to ₹6.5 Lakhs per year
Liberty General Insurance ₹2.8 Lakhs to ₹8.2 Lakhs per year
Aegon Religare Life Insurance ₹3.3 Lakhs to ₹5.3 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Aegon Life Insurance, depending on the role and experience level.
What is the salary of a Sales Manager in companies similar to Aegon Life Insurance in India?
The salary of a Sales Manager at companies similar to Aegon Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Magma General Insurance Limited ₹3.3 Lakhs to ₹7.3 Lakhs per year
Ageas Federal Life Insurance ₹2.9 Lakhs to ₹7.6 Lakhs per year
Bharti AXA Life Insurance ₹2.1 Lakhs to ₹7.4 Lakhs per year
Royal Sundaram General Insurance ₹1.8 Lakhs to ₹9.2 Lakhs per year
IndiaFirst Life Insurance ₹3.7 Lakhs to ₹6.1 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 at Aegon Life Insurance in India?
The salary growth for a Sales Manager at Aegon Life Insurance depends on factors such as experience, performance, and promotions. On average, a Sales Manager can expect the following growth trajectory at Aegon Life Insurance:

Experience Average Salary Range
4 years ₹3.8 Lakhs to ₹4.8 Lakhs per year
5 years ₹3.8 Lakhs to ₹4.9 Lakhs per year
6 years ₹3.9 Lakhs to ₹5.0 Lakhs per year
7 years ₹3.9 Lakhs to ₹4.9 Lakhs per year
and so on.

Tell us how to improve this page.

Aegon Life Insurance Sales Manager Salaries by Location

  • Aegon Life Insurance Sales Manager salaries in New Delhi
  • Aegon Life Insurance Sales Manager salaries in Mumbai
  • Aegon Life Insurance Sales Manager salaries in Ahmedabad
  • Aegon Life Insurance Sales Manager salaries in Ludhiana
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  • Aegon Life Insurance Sales Manager Salaries

Aegon Life Insurance Sales Manager salary in India ranges between ₹3.5 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 Aegon Life Insurance latest salaries received from various employees of Aegon Life Insurance.

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Sales Manager Salary in India
based on 1.2L salaries
₹2.4 L/yr - ₹16.1 L/yr
40% less than the average Sales Manager Salary in India
View more details

Aegon Life Insurance Sales Manager Reviews and Ratings

based on 1 review

4.0/5

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Compare Aegon Life Insurance with
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Future Generali India Life Insurance

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Notice Period for Sales Manager at Aegon Life Insurance

based on 4 responses

1 Month
50%
15 days or less
25%
2 Months
25%
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