Bajaj Allianz General Insurance Branch Manager Salaries by 10+ Employees (Updated 2025)

2 - 17 years exp.

₹4.3 Lakhs - ₹12.1 Lakhs

Avg. annual salary

Monthly In-hand Salary

17% less than the average Branch Manager Salary in Insurance Companies for 2 - 17 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

Sales & Business Development Branch Manager Salary 9 - 17 years exp. (4 salaries)	₹6.5 L/yr - ₹12.1 L/yr
BFSI, Investments & Trading Branch Manager Salary 2 - 12 years exp. (3 salaries)	₹5.5 L/yr - ₹5.7 L/yr
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Customer Success, Service & Operations Branch Manager Salary 5 - 7 years exp. (3 salaries)	₹6 L/yr - ₹9 L/yr
Marketing & Communication Branch Manager Salary 5 - 11 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹7.6 L/yr

Last Updated: 3 Feb 2025

Companies similar to Bajaj Allianz General Insurance for Branch Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Branch Manager Salary 3 - 18 years exp. (368 salaries)	₹6.5 L/yr - ₹18.8 L/yr 60% more
HDFC Life Branch Manager Salary 6 - 18 years exp. (259 salaries)	₹5.3 L/yr - ₹12.5 L/yr 22% more
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Star Health & Allied Insurance Branch Manager Salary 7 - 18 years exp. (112 salaries)	₹4 L/yr - ₹11.7 L/yr 5% more
ICICI Lombard General Insurance Company Branch Manager Salary 5 - 17 years exp. (189 salaries)	₹5 L/yr - ₹13 L/yr 19% more	4 job openings
Reliance Nippon Life Insurance Branch Manager Salary 7 - 19 years exp. (200 salaries)	₹3.8 L/yr - ₹10 L/yr 2% less
Kotak Mahindara Life Insurance Branch Manager Salary 3 - 18 years exp. (207 salaries)	₹5.3 L/yr - ₹13.5 L/yr 22% more
HDFC Ergo General Insurance Branch Manager Salary 9 - 18 years exp. (195 salaries)	₹4.7 L/yr - ₹14.5 L/yr 20% more
SBI Life Insurance Company Branch Manager Salary 7 - 24 years exp. (174 salaries)	₹6.5 L/yr - ₹15.7 L/yr 38% more
Tata AIA Life Insurance Branch Manager Salary 9 - 20 years exp. (162 salaries)	₹5 L/yr - ₹17.7 L/yr 63% more	13 job openings
Axis Max Life Insurance Branch Manager Salary 8 - 19 years exp. (139 salaries)	₹7 L/yr - ₹14 L/yr 35% more	1 job opening
Niva Bupa Health Insurance Company Branch Manager Salary 8 - 23 years exp. (135 salaries)	₹6 L/yr - ₹12.5 L/yr 26% more	1 job opening
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Bajaj Allianz Life Insurance Branch Manager Salary 7 - 18 years exp. (126 salaries)	₹4.5 L/yr - ₹12.9 L/yr 9% more	8 job openings
Aditya Birla Sun Life Insurance Branch Manager Salary 5 - 17 years exp. (145 salaries)	₹4.5 L/yr - ₹13 L/yr 20% more
Shriram Life Insurance Branch Manager Salary 6 - 16 years exp. (83 salaries)	₹2.2 L/yr - ₹9.5 L/yr 21% less	2 job openings
Reliance General Insurance Branch Manager Salary 8 - 19 years exp. (63 salaries)	₹5.2 L/yr - ₹16 L/yr 31% more
Tata AIG Branch Manager Salary 7 - 14 years exp. (51 salaries)	₹5.9 L/yr - ₹11 L/yr 14% more
PNB MetLife Branch Manager Salary 8 - 20 years exp. (49 salaries)	₹6.6 L/yr - ₹13.2 L/yr 28% more
Star Union Dai-ichi Life Insurance Branch Manager Salary 7 - 18 years exp. (42 salaries)	₹5.5 L/yr - ₹11.5 L/yr 18% more	4 job openings
The New India Assurance Co. Branch Manager Salary 5 - 10 years exp. (10 salaries)	₹10 L/yr - ₹18.5 L/yr 108% more
SBI General Insurance Branch Manager Salary 7 - 12 years exp. (7 salaries)	₹6.5 L/yr - ₹10.5 L/yr 4% more

View all

Branch Manager salary at Bajaj Allianz General Insurance ranges between ₹4.3 Lakhs to ₹12.1 Lakhs per year for employees with experience between 2 years to 17 years. Salary estimates are based on 14 latest salaries received from various employees of Bajaj Allianz General Insurance.

Experience wise Bajaj Allianz General Insurance Branch Manager salaries

Last Updated: 3 Feb 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹13.6 L/yr
3 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
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4 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
5 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹9 L/yr
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹9 L/yr
7 years (AmbitionBox Estimate)	₹6 L/yr - ₹13.6 L/yr
8 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
9 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹13.6 L/yr
10 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹9 L/yr
11 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹13.7 L/yr
12 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹12.1 L/yr
13 years (AmbitionBox Estimate)	₹3 L/yr - ₹12.1 L/yr
14 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr
15+ years (AmbitionBox Estimate)	₹3.1 L/yr - ₹8.7 L/yr

View all

Similar Designation salaries in Bajaj Allianz General Insurance

Area Manager Salary

(18 salaries)

₹4.31 L/yr - ₹18 L/yr

Sales Manager Salary

(558 salaries)

₹1.8 L/yr - ₹7 L/yr

Branch Incharge Salary

(4 salaries)

₹2 L/yr - ₹8 L/yr

Branch Head Salary

(5 salaries)

₹7.1 L/yr - ₹10.4 L/yr

Deputy Manager Salary

(168 salaries)

₹7.25 L/yr - ₹16 L/yr

Chief Manager Salary

(AmbitionBox Estimate)

₹24.3 L/yr - ₹31.1 L/yr

Branch Sales Manager Salary

(3 salaries)

₹4 L/yr - ₹6 L/yr

Senior Branch Manager Salary

(4 salaries)

₹5.5 L/yr - ₹10 L/yr

Cluster Manager Salary

(37 salaries)

₹4.24 L/yr - ₹16.5 L/yr

Operations Manager Salary

(13 salaries)

₹1.5 L/yr - ₹6.32 L/yr

Top skills at Bajaj Allianz General Insurance for Branch Manager

Sales Claims Relationship Management Sales Management Stakeholder Management Business Planning Recruitment Team Handling Branch Management Operations Business Development Team Management Marketing Sales Planning channel management

Salary related reviews for Bajaj Allianz General Insurance

3.7

Rated by 8 employees for salary & benefits

Territory Manager in Kolkata

Full Time

Other Department

1.0

• posted on 27 Feb 2025

5.0

for Salary and Benefits

Likes

1. Process and Applications 2. Salary on time 3.You Can Apply Advance Salary(if Required) 4. Zonal Hr(Ipshita Ma'am) so Helpful, Other Hr just following management order just like puppet. 5.Banca Channels are good.

Salary - Excellent

Dislikes

1. Retail Team has worst Culture Specially in Kolkata Zone. 2. No Work life balance. 3. Don't in Susanta Bose and Prakash Gupta's Team(if you don't want to Destroy your career) 4.terrible micro management culture. 5.Leave Managements are poor. 6.Zero Work life Balance. 7. Zero Job Security,they even issue PIP after Regisn. Bekar Management Policies, Retail Channel meh jana maat,Specially Channel like Growth Markets

Job security - Bad

+3 more

Senior Sales Manager in Agartala

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 05 Jul 2024

2.0

for Salary and Benefits

Likes

Salary is the only thing I like here

Dislikes

...y it's 6days a week and month end 7days a week now working hours sales timing 9.30am to 7/8pm then policy issuance it's goes upto 1am, then again next day area manager always talking about work on Sunday, if anyone take a leave manager will tell do existing work, then what is the meaning of leave I don't know, now come to the travel part 1/3 salary will goes on the travel, personal life will be destroyed after joining here work pressure like pressure cooker every day conference call after work and tempting your performance not up to the mark in short your family will leave you bcz of not giving family time

Salary - Poor

+6 more

Deputy Manager in Mumbai

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

Dislikes

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

Salary - Poor

+5 more

Sales Manager in Bangalore / Bengaluru

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 .

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 ...

Promotions - Poor

Sales Officer in Kolkata

Other Department

2.0

• posted on 30 Apr 2022

3.0

for Salary and Benefits

Likes

Official job is good

Dislikes

Salary structure is so poor,not secure job.This is commission/insentives/pay out based job.I am sorry to say now a days all insurance companies became a broker based job.You can give payout to brokers for each & every policies.

Work satisfaction - Poor

+1 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

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Bajaj Allianz General Insurance Branch Manager Salary FAQs

What is the salary of Branch Manager at Bajaj Allianz General Insurance ?

The average salary of a Branch Manager at Bajaj Allianz General Insurance in India typically ranges from ₹4.3 Lakhs to ₹12.1 Lakhs per year, depending on experience (from 2 years to 17 years).

The top 10% of Branch Manager at Bajaj Allianz General Insurance earn more than ₹12.1 Lakhs per year, and the top 1% earn over ₹12.1 Lakhs per year. Branch 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 10+ Bajaj Allianz General Insurance employees in India.

What is the estimated take home salary of a Branch Manager at Bajaj Allianz General Insurance in India?

The estimated take-home salary of a Branch Manager at Bajaj Allianz General Insurance in India typically ranges from ₹56,288 to ₹57,700 per month. This is based on the average salary range of ₹4.3 Lakhs to ₹12.1 Lakhs per year for employees with experience ranging from 2 years to 17 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 10+ 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 Branch Manager at Bajaj Allianz General Insurance ?

To be a Branch Manager at Bajaj Allianz General Insurance in india, the key skills required include:

- Sales
- Claims
- Relationship Management
- Sales Management
- Stakeholder Management

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 Branch Manager in India?

The New India Assurance Co.	₹10.0 Lakhs to ₹18.5 Lakhs per year
United India Insurance Company	₹9.0 Lakhs to ₹20.0 Lakhs per year
The Oriental Insurance Co.	₹11.2 Lakhs to ₹12.9 Lakhs per year
Tata AIA Life Insurance	₹5.0 Lakhs to ₹17.7 Lakhs per year
ICICI Prudential Life Insurance	₹6.5 Lakhs to ₹18.8 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 Branch Manager in companies similar to Bajaj Allianz General Insurance in India?

The salary of a Branch Manager at companies similar to Bajaj Allianz General Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Canara HSBC Life Insurance	₹7.0 Lakhs to ₹12.5 Lakhs per year
SBI Life Insurance Company	₹6.5 Lakhs to ₹15.7 Lakhs per year
Axis Max Life Insurance	₹7.0 Lakhs to ₹14.0 Lakhs per year
Reliance General Insurance	₹5.2 Lakhs to ₹16.0 Lakhs per year
PNB MetLife	₹6.6 Lakhs to ₹13.2 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 Branch Manager at Bajaj Allianz General Insurance in India?

The salary growth for a Branch Manager at Bajaj Allianz General Insurance depends on factors such as experience, performance, and promotions. On average, a Branch Manager can expect the following growth trajectory at Bajaj Allianz General Insurance:

Experience	Average Salary Range
2 years	₹5.5 Lakhs to ₹13.6 Lakhs per year
3 years	₹6.8 Lakhs to ₹8.7 Lakhs per year
4 years	₹6.8 Lakhs to ₹8.7 Lakhs per year
5 years	₹4.3 Lakhs to ₹9.0 Lakhs per year

and so on.

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Bajaj Allianz General Insurance Branch Manager Salaries

Bajaj Allianz General Insurance Branch Manager salary in India ranges between ₹4.3 Lakhs to ₹12.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 Bajaj Allianz General Insurance latest salaries received from various employees of Bajaj Allianz General Insurance.