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Bajaj Allianz General Insurance Branch Manager salaries in Mumbai

Annual salary range
7 - 12 years exp.
₹5.5 Lakhs - ₹7.3 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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39% less than the average Branch Manager Salary in Insurance Companies for 7 - 12 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading
Branch Manager Salary
12 years exp. (AmbitionBox Estimate)
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₹5.5 L/yr - ₹6.6 L/yr

Customer Success, Service & Operations
Branch Manager Salary
7 years exp. (AmbitionBox Estimate)
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₹6 L/yr - ₹6.6 L/yr

Last Updated: 3 Jul 2023

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

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Bajaj Allianz General Insurance Branch Manager Salary

7 - 12 years exp. (3 salaries)

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₹5.5 L/yr - ₹7.3 L/yr

vs
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HDFC Life Branch Manager Salary

6 - 16 years exp. (31 salaries)

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₹5.5 L/yr - ₹12.5 L/yr

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₹6 L/yr - ₹11 L/yr

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Tata AIA Life Insurance Branch Manager Salary

7 - 19 years exp. (16 salaries)

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₹8 L/yr - ₹15.5 L/yr

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Axis Max Life Insurance Branch Manager Salary

9 - 18 years exp. (12 salaries)

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₹7.3 L/yr - ₹12.5 L/yr

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1 job opening
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₹6.5 L/yr - ₹10.2 L/yr

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₹5.1 L/yr - ₹11 L/yr

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₹6 L/yr - ₹10.5 L/yr

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₹6 L/yr - ₹12 L/yr

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₹8 L/yr - ₹12.3 L/yr

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₹7.5 L/yr - ₹10 L/yr

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₹8.5 L/yr - ₹11 L/yr

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PNB MetLife Branch Manager Salary

12 - 18 years exp. (3 salaries)

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₹10 L/yr - ₹12.5 L/yr

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Branch Manager salary at Bajaj Allianz General Insurance ranges between ₹5.5 Lakhs to ₹7.3 Lakhs per year for employees with experience between 7 years to 12 years. Salary estimates are based on 3 latest salaries received from various employees of Bajaj Allianz General Insurance.

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

1y ago
₹6 Lakhs
7 years exp.

Experience wise Bajaj Allianz General Insurance Branch Manager salaries in Mumbai

Last Updated: 3 Jul 2023

Experience Avg Annual Salary
7 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹7.5 L/yr
8 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹7.5 L/yr
9 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹7.5 L/yr
10 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹7.5 L/yr
11 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹7.5 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
Deputy Manager Salary
(9 salaries)
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₹9.5 L/yr - ₹15 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

2.0

Rated by 1 employees for salary & benefits

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.

read more
  • 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

read more
  • Job security - Bad
  • +3 more

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

read more
  • Salary - Poor
  • +6 more

Full Time

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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

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Dislikes

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

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  • 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 .

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  • 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 ...

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  • Promotions - Poor

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.

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  • Work satisfaction - Poor
  • +1 more
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Bajaj Allianz General Insurance Branch Manager Salary FAQs

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

Experience Average Salary Range
7 years ₹5.9 Lakhs to ₹7.5 Lakhs per year
8 years ₹5.9 Lakhs to ₹7.5 Lakhs per year
9 years ₹5.9 Lakhs to ₹7.5 Lakhs per year
10 years ₹5.9 Lakhs to ₹7.5 Lakhs per year
and so on.

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Bajaj Allianz General Insurance Branch Manager salary in Mumbai ranges between ₹5.5 Lakhs to ₹7.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Bajaj Allianz General Insurance latest salaries received from various employees of Bajaj Allianz General Insurance.