IDBI Federal Life Insurance
3.8 out of 5 stars.
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IDBI Federal Life Insurance Agency Manager monthly salaries in India

Salary estimated from 8 employees, users, and past and present job advertisements on Indeed in the past 36 months.
Meets national average
Reviews about Pay & Benefits for Agency Manager in IDBI Federal Life Insurance
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Targeted job
Recruiting people's it's challenging one in insurance field and training them and move on with target. Company is well growing company in industry but challenging to sell insurance to customers because LIC company is most famous one in India. Company also not provided benefits to us to motivate sell insurance.
Pros
Manager
Cons
Heavy target
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productive and fun work place
office timing was 10 am to 6:30 pm. 2nd,4th saturdays and sundays were off.very supportive senior staff and co-workers. the hardest part of the job was to convince candidates to join the company as an advisors , since my job was to recruit advisors it was very difficult to recruit because as an advisor they were getting paid through incentives only and no basic pay.most of the candidates wanted a basic and a fixed salary. The most enjoyable part was , we used to celebrate each and every success moments together and the performers were rewarded with gifts. Company also used to present gifts for each and every staffs on regular intervals and occasions.
Pros
Gifts on occassions
Cons
Difficult to convince
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Life insurance
Management of recruiting new advisors to appear in irda exams and then source new business of various products i.e Child Plans,Pension,Term,Endowment and Health Insurance.
Pros
n/a
Cons
yes
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How much does an Agency Manager make at IDBI Federal Life Insurance in India?

Average IDBI Federal Life Insurance Agency Manager monthly pay in India is approximately ₹ 22,101, which meets the national average.
Salary information comes from 140 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months.
Please note that all salary figures are approximations based upon third party submissions to Indeed. These figures are given to the Indeed users for the purpose of generalised comparison only. Minimum wage may differ by jurisdiction and you should consult the employer for actual salary figures.