Bajaj Allianz General Insurance Mumbai Branch Manager Salaries by 3 Employees

7 - 12 years exp.

₹5.5 Lakhs - ₹7.3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

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)	₹5.5 L/yr - ₹7.1 L/yr
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Customer Success, Service & Operations Branch Manager Salary 7 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹7.1 L/yr

Last Updated: 3 Jul 2023

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

Bajaj Allianz General Insurance Branch Manager Salary

7 - 12 years exp. (3 salaries)

₹5.5 L/yr - ₹7.3 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Branch Manager Salary 3 - 18 years exp. (46 salaries)	₹9.8 L/yr - ₹17.5 L/yr 102% more
HDFC Life Branch Manager Salary 6 - 16 years exp. (31 salaries)	₹5.5 L/yr - ₹12.5 L/yr 39% more
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Kotak Mahindara Life Insurance Branch Manager Salary 3 - 17 years exp. (18 salaries)	₹6 L/yr - ₹11 L/yr 39% more
Tata AIA Life Insurance Branch Manager Salary 7 - 19 years exp. (17 salaries)	₹8 L/yr - ₹17.3 L/yr 90% more	13 job openings
Axis Max Life Insurance Branch Manager Salary 9 - 18 years exp. (12 salaries)	₹7.3 L/yr - ₹12.5 L/yr 57% more	1 job opening
Bajaj Allianz Life Insurance Branch Manager Salary 7 - 15 years exp. (11 salaries)	₹5.1 L/yr - ₹11 L/yr 18% more	25 job openings
Star Health & Allied Insurance Branch Manager Salary 8 - 18 years exp. (11 salaries)	₹7.5 L/yr - ₹10.2 L/yr 21% more
HDFC Ergo General Insurance Branch Manager Salary 9 - 16 years exp. (9 salaries)	₹6 L/yr - ₹10.5 L/yr 40% more
ICICI Lombard General Insurance Company Branch Manager Salary 6 - 14 years exp. (8 salaries)	₹6 L/yr - ₹12 L/yr 37% more	7 job openings
SBI Life Insurance Company Branch Manager Salary 9 - 14 years exp. (6 salaries)	₹8 L/yr - ₹11.2 L/yr 68% more
Niva Bupa Health Insurance Company Branch Manager Salary 9 - 15 years exp. (5 salaries)	₹7.5 L/yr - ₹10 L/yr 45% more
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Aditya Birla Sun Life Insurance Branch Manager Salary 5 - 10 years exp. (4 salaries)	₹8.5 L/yr - ₹11 L/yr 53% more
PNB MetLife Branch Manager Salary 12 - 18 years exp. (3 salaries)	₹10 L/yr - ₹12.5 L/yr 57% more

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.

Experience wise Bajaj Allianz General Insurance Branch Manager salaries in Mumbai

Last Updated: 3 Jul 2023

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
8 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
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9 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr
10 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
11 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
12 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr

View all

Similar Designation salaries in Bajaj Allianz General Insurance

Sales Manager Salary

(68 salaries)

₹2.4 L/yr - ₹6.64 L/yr

Deputy Manager Salary

(9 salaries)

₹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

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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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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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	₹5.8 Lakhs to ₹7.4 Lakhs per year
8 years	₹5.9 Lakhs to ₹7.5 Lakhs per year
9 years	₹5.9 Lakhs to ₹7.6 Lakhs per year
10 years	₹6.0 Lakhs to ₹7.7 Lakhs per year

and so on.

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Bajaj Allianz General Insurance Branch Manager Salaries in Mumbai

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

Bajaj Allianz General Insurance Branch Manager salaries in Mumbai

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

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

Experience wise Bajaj Allianz General Insurance Branch Manager salaries in Mumbai

Similar Designation salaries in Bajaj Allianz General Insurance

Top skills at Bajaj Allianz General Insurance for Branch Manager

Salary related reviews for Bajaj Allianz General Insurance

Territory Manager in Kolkata

Senior Sales Manager in Agartala

Deputy Manager in Mumbai

Sales Manager in Bangalore / Bengaluru

Sales Officer in Kolkata

Bajaj Allianz General Insurance Branch Manager Salary FAQs

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