Bajaj Allianz General Insurance Branch Relationship Manager Salaries by Employees

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₹4.1 Lakhs - ₹5.3 Lakhs

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Avg. annual salary (AmbitionBox Estimate)

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Last Updated: 1 Nov 2024

Companies similar to Bajaj Allianz General Insurance for Branch Relationship Manager

Company name	Avg Annual Salary	Open Jobs
Axis Max Life Insurance Branch Relationship Manager Salary 7 - 15 years exp. (51 salaries)	₹6 L/yr - ₹12.5 L/yr 107% more	4 job openings
ICICI Prudential Life Insurance Branch Relationship Manager Salary 0 - 6 years exp. (37 salaries)	₹2.3 L/yr - ₹6 L/yr 27% less
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Reliance Nippon Life Insurance Branch Relationship Manager Salary 4 - 9 years exp. (21 salaries)	₹3.9 L/yr - ₹5 L/yr 10% less
Aditya Birla Sun Life Insurance Branch Relationship Manager Salary 0 - 5 years exp. (10 salaries)	₹2.5 L/yr - ₹3.5 L/yr 33% less
SBI General Insurance Branch Relationship Manager Salary 3 - 6 years exp. (5 salaries)	₹2 L/yr - ₹3.5 L/yr 39% less
Canara HSBC Life Insurance Branch Relationship Manager Salary 3 - 12 years exp. (4 salaries)	₹3.8 L/yr - ₹5 L/yr 1% less
Star Union Dai-ichi Life Insurance Branch Relationship Manager Salary 1 - 10 years exp. (4 salaries)	₹1.2 L/yr - ₹3.8 L/yr 40% less
SBI Life Insurance Company Branch Relationship Manager Salary 3 - 9 years exp. (4 salaries)	₹3.5 L/yr - ₹5 L/yr 8% less
Kotak Mahindara Life Insurance Branch Relationship Manager Salary 1 - 4 years exp. (4 salaries)	₹2.2 L/yr - ₹3.8 L/yr 39% less
Tata AIA Life Insurance Branch Relationship Manager Salary 3 - 14 years exp. (3 salaries)	₹5.2 L/yr - ₹10.3 L/yr 48% more
ICICI Lombard General Insurance Company Branch Relationship Manager Salary 1 - 18 years exp. (3 salaries)	₹5 L/yr - ₹6 L/yr 13% more
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Tata AIG Branch Relationship Manager Salary 3 - 11 years exp. (3 salaries)	₹4.1 L/yr - ₹4.5 L/yr 11% less
HDFC Ergo General Insurance Branch Relationship Manager Salary 5 - 10 years exp. (3 salaries)	₹2.5 L/yr - ₹4.6 L/yr 32% less

Branch Relationship Manager salary at Bajaj Allianz General Insurance ranges between ₹4.1 Lakhs to ₹5.3 Lakhs per year for employees with 5 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Bajaj Allianz General Insurance.

Similar Designation salaries in Bajaj Allianz General Insurance

Senior Relationship Manager Salary

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₹2.6 L/yr - ₹7 L/yr

Relationship Manager Salary

(363 salaries)

₹1.65 L/yr - ₹7.5 L/yr

Branch Sales Manager Salary

(3 salaries)

₹4 L/yr - ₹6 L/yr

Relationship Officer Salary

(6 salaries)

₹1.5 L/yr - ₹4.5 L/yr

Branch Manager Salary

(14 salaries)

₹3.8 L/yr - ₹12.05 L/yr

Senior Branch Manager Salary

(4 salaries)

₹5.5 L/yr - ₹10 L/yr

Area Sales Manager Salary

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₹3 L/yr - ₹12 L/yr

Senior Sales Manager Salary

(226 salaries)

₹3 L/yr - ₹8.2 L/yr

Area Manager Salary

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Business Development Manager Salary

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₹3.5 L/yr - ₹7 L/yr

Salary related reviews for Bajaj Allianz General Insurance

5.0

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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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 Relationship Manager Salary FAQs

How the salary growth look like for a Branch Relationship Manager at Bajaj Allianz General Insurance in India?

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

Experience	Average Salary Range
5 years	₹4.1 Lakhs to ₹5.3 Lakhs per year

and so on.

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Bajaj Allianz General Insurance Branch Relationship Manager Salaries

Bajaj Allianz General Insurance Branch Relationship Manager salary in India ranges between ₹4.1 Lakhs to ₹5.3 Lakhs. This is an estimate based on latest salaries received from employees of Bajaj Allianz General Insurance.