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Bajaj Allianz General Insurance Assistant Manager salaries in Mumbai (Updated 2025)

Annual salary range
1 - 16 years exp.
₹5.2 Lakhs - ₹10 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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5% less than the average Assistant Manager Salary in Insurance Companies for 1 - 16 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Sales & Business Development
Assistant Manager Salary
1 - 13 years exp. (25 salaries)
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₹5.2 L/yr - ₹10 L/yr

BFSI, Investments & Trading
Assistant Manager Salary
1 - 16 years exp. (24 salaries)
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₹5.8 L/yr - ₹9.2 L/yr

Marketing & Communication
Assistant Manager Salary
1 - 11 years exp. (4 salaries)
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₹6.5 L/yr - ₹8.5 L/yr

Customer Success, Service & Operations
Assistant Manager Salary
2 - 9 years exp. (3 salaries)
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₹6.8 L/yr - ₹8.5 L/yr

Legal & Regulatory
Assistant Manager Salary
5 - 6 years exp. (3 salaries)
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₹6.7 L/yr - ₹8.3 L/yr

View all

Last Updated: 2 Apr 2025

Companies similar to Bajaj Allianz General Insurance for Assistant Manager in Mumbai

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Bajaj Allianz General Insurance Assistant Manager Salary

1 - 16 years exp. (67 salaries)

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₹5.2 L/yr - ₹10 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹2 L/yr - ₹4.6 L/yr

arrow icon 53% less
1 job opening
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Tata AIA Life Insurance Assistant Manager Salary

2 - 17 years exp. (315 salaries)

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₹4.2 L/yr - ₹18 L/yr

arrow icon 28% more
29 job openings
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₹3 L/yr - ₹7 L/yr

arrow icon 32% less
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₹4 L/yr - ₹11 L/yr

arrow icon 8% less
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₹1.9 L/yr - ₹6.2 L/yr

arrow icon 42% less
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₹2.9 L/yr - ₹8.2 L/yr

arrow icon 37% less
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HDFC Life Assistant Manager Salary

1 - 10 years exp. (88 salaries)

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₹1.7 L/yr - ₹7 L/yr

arrow icon 39% less
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₹2.5 L/yr - ₹8 L/yr

arrow icon 43% less
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₹2.2 L/yr - ₹7.5 L/yr

arrow icon 47% less
20 job openings
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SBI General Insurance Assistant Manager Salary

0 - 11 years exp. (70 salaries)

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₹3.2 L/yr - ₹9 L/yr

arrow icon 45% less
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₹3 L/yr - ₹12 L/yr

arrow icon 4% less
1 job opening
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PNB MetLife Assistant Manager Salary

2 - 11 years exp. (55 salaries)

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₹2.5 L/yr - ₹8 L/yr

arrow icon 34% less
2 job openings
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₹2.1 L/yr - ₹7.4 L/yr

arrow icon 43% less
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₹3 L/yr - ₹8 L/yr

arrow icon 35% less
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₹3.9 L/yr - ₹9.3 L/yr

arrow icon 25% less
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₹2.8 L/yr - ₹8.8 L/yr

arrow icon 30% less
1 job opening
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₹3 L/yr - ₹6 L/yr

arrow icon 38% less
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₹5 L/yr - ₹10 L/yr

arrow icon 6% more
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₹11 L/yr - ₹18 L/yr

arrow icon 90% more
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Tata AIG Assistant Manager Salary

7 - 15 years exp. (6 salaries)

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₹4.9 L/yr - ₹7.3 L/yr

arrow icon 26% less
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Assistant Manager salary at Bajaj Allianz General Insurance ranges between ₹5.2 Lakhs to ₹10 Lakhs per year for employees with experience between 1 year to 16 years. Salary estimates are based on 67 latest salaries received from various employees of Bajaj Allianz General Insurance.

Latest annual salaries shared by Bajaj Allianz General Insurance Assistant Manager in Mumbai

1w ago
₹8.2 Lakhs
13 years exp.
2w ago
₹9 Lakhs
2 years exp.
1mo ago
₹9.1 Lakhs
6 years exp.
1mo ago
₹7.5 Lakhs
2 years exp.
1mo ago
₹7 Lakhs
1 year exp.
2mo ago
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10 years exp.
3mo ago
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8 years exp.
3mo ago
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12 years exp.
4mo ago
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1 year exp.
4mo ago
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1 year exp.

Experience wise Bajaj Allianz General Insurance Assistant Manager salaries in Mumbai

Last Updated: 2 Apr 2025

Experience Avg Annual Salary
1 year  (15 salaries)

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₹5.8 L/yr - ₹9 L/yr
2 years  (10 salaries)

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₹6.7 L/yr - ₹9 L/yr
3 years  (5 salaries)

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₹6.8 L/yr - ₹9.2 L/yr
4 years  (3 salaries)

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₹6.5 L/yr - ₹8.5 L/yr
5 years  (7 salaries)

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₹6.7 L/yr - ₹9.5 L/yr
View all

Similar Designation salaries in Bajaj Allianz General Insurance

Sales Manager Salary
(67 salaries)
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₹2.4 L/yr - ₹6.64 L/yr
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₹2.1 L/yr - ₹5.9 L/yr
Deputy Manager Salary
(9 salaries)
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₹9.5 L/yr - ₹15 L/yr
Team Manager Salary
(4 salaries)
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₹3.25 L/yr - ₹8.81 L/yr
Branch Manager Salary
(3 salaries)
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₹5.5 L/yr - ₹7.25 L/yr

Top skills at Bajaj Allianz General Insurance for Assistant Manager

Claims Claims Adjudication CCTV Monitoring Health Insurance Underwriting

Salary related reviews for Bajaj Allianz General Insurance

3.7

Rated by 7 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 21 Jan 2023

2.0
 for  Salary and Benefits

Likes

Technology, system driven, best for customers and intermediaries to work with Timely salary Best claim payable insurer

read more

Dislikes

Hell work life balance With limited manpower resource they work No incentive opportunities No Saturday off No work timings

read more
  • Salary - Poor
  • +5 more

Sales & Business Development Department

5.0
  •  posted on 27 May 2022

5.0
 for  Salary and Benefits

Likes

My first job started at Bagic only first I joined DM team on 18th Feb 2016 and I have passed On roll exam and moved to Pvt Banca team 20th august -2018 over all very experience in bagic its wonderful company .

read more
  • Salary - Excellent
  • +4 more

Dislikes

I am 6.5years old in the company and I have achieved all parameters but every year I got bad rating and my package also less ....so I am not happy with this ...

read more
  • Promotions - Poor

BFSI, Investments & Trading Department

4.0
  •  posted on 04 Jun 2022

1.0
 for  Salary and Benefits

Likes

Company policy are very sharp and easy to maintain.

  • Skill development - Excellent
  • +4 more

Dislikes

...then the security of future life is more happiness than compare to present life.salary growth is very slow .There is a contract for 6 months .

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  • Salary - Bad
  • +1 more

BFSI, Investments & Trading Department

5.0
  •  posted on 13 Dec 2020

5.0
 for  Salary and Benefits

Likes

Worked in Bajaj Allianz since last 5 years and defenitely I have excellent learning experience in this company. Job security is good even in COVID we were getting our full paymet in every month . Good bonus , leaves and most important is best team mates I have ever work with. Working with such team mates was never boring. Best experience

read more
  • Salary - Excellent
  • +5 more

Dislikes

Less salary and increment for offroll people. Best benefits for onroll people's. If we want growth in this company then we should be on onroll position rest all is good

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  • Promotions - Poor

BFSI, Investments & Trading Department

4.0
  •  posted on 13 Aug 2019

3.0
 for  Salary and Benefits

Likes

Excellent work atmosphere, One of the good brand, Employees benefits are paid on time, excellent service to customers , Excellent career growth.

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  • Skill development - Good
  • +4 more

Dislikes

There is no any negative thing in Bajaj Allianz General Insurance Co Ltd.

  • Job security - Poor
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Bajaj Allianz General Insurance Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Bajaj Allianz General Insurance in Mumbai?
The average salary of a Assistant Manager at Bajaj Allianz General Insurance in Mumbai typically ranges from ₹5.2 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 1 year to 16 years).

The top 10% of Assistant Manager in Mumbai at Bajaj Allianz General Insurance earn more than ₹9.2 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. Assistant Manager Salaries at Bajaj Allianz General 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 60+ Bajaj Allianz General Insurance employees in India.
What is the estimated take home salary of a Assistant Manager at Bajaj Allianz General Insurance in Mumbai?
The estimated take-home salary of a Assistant Manager at Bajaj Allianz General Insurance in Mumbai typically ranges from ₹58,699 to ₹60,179 per month. This is based on the average salary range of ₹5.2 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 1 year to 16 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 60+ salaries received from various employees of Bajaj Allianz General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Assistant Manager at Bajaj Allianz General Insurance in Mumbai?
To be a Assistant Manager at Bajaj Allianz General Insurance in Mumbai, the key skills required include:

  • - Claims
  • - Claims Adjudication
  • - CCTV Monitoring
  • - Health Insurance
  • - Underwriting

These skills are highly valued at Bajaj Allianz General Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Bajaj Allianz General Insurance for Assistant Manager in India?
Gallagher ₹10.0 Lakhs to ₹26.5 Lakhs per year
United India Insurance Company ₹11.0 Lakhs to ₹19.0 Lakhs per year
The New India Assurance Co. ₹11.0 Lakhs to ₹18.0 Lakhs per year
The Oriental Insurance Co. ₹9.0 Lakhs to ₹15.5 Lakhs per year
Tata AIA Life Insurance ₹4.2 Lakhs to ₹18.0 Lakhs per year

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

AON Global Insurance Brokers ₹5.0 Lakhs to ₹10.0 Lakhs per year
Bajaj Allianz Life Insurance ₹3.0 Lakhs to ₹12.0 Lakhs per year
SBI Life Insurance Company ₹4.0 Lakhs to ₹11.0 Lakhs per year
ICICI Lombard General Insurance Company ₹3.9 Lakhs to ₹9.3 Lakhs per year
Tata AIG ₹4.9 Lakhs to ₹7.3 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 Assistant Manager at Bajaj Allianz General Insurance in Mumbai?
The salary growth for a Assistant Manager at Bajaj Allianz General Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Assistant Manager in Mumbai can expect the following growth trajectory at Bajaj Allianz General Insurance:

Experience Average Salary Range
1 year ₹5.8 Lakhs to ₹9.0 Lakhs per year
2 years ₹6.7 Lakhs to ₹9.0 Lakhs per year
3 years ₹6.8 Lakhs to ₹9.2 Lakhs per year
4 years ₹6.5 Lakhs to ₹8.5 Lakhs per year
and so on.

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Bajaj Allianz General Insurance Assistant Manager salary in Mumbai ranges between ₹5.2 Lakhs to ₹10 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 67 Bajaj Allianz General Insurance latest salaries received from various employees of Bajaj Allianz General Insurance.