Bajaj Allianz General Insurance Mumbai Cluster Head Salaries by 3 Employees

12 - 14 years exp.

₹9.5 Lakhs - ₹15.8 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

28% less than the average Cluster Head Salary in Insurance Companies for 12 - 14 years of experience

Interested in this particular role? 5 job openings

Salaries in different departments

Sales & Business Development Cluster Head Salary 12 - 14 years exp. (AmbitionBox Estimate)	₹11.2 L/yr - ₹15.8 L/yr
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BFSI, Investments & Trading Cluster Head Salary 14 years exp. (AmbitionBox Estimate)	₹9.5 L/yr - ₹11.6 L/yr

Last Updated: 10 Jun 2024

Companies similar to Bajaj Allianz General Insurance for Cluster Head in Mumbai

Bajaj Allianz General Insurance Cluster Head Salary

12 - 14 years exp. (3 salaries)

₹9.5 L/yr - ₹15.8 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Cluster Head Salary 11 - 16 years exp. (4 salaries)	₹11 L/yr - ₹14 L/yr At par
Kotak Mahindara Life Insurance Cluster Head Salary 13 - 16 years exp. (4 salaries)	₹10.5 L/yr - ₹16.9 L/yr 11% more
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Axis Max Life Insurance Cluster Head Salary 6 - 16 years exp. (3 salaries)	₹7 L/yr - ₹12.8 L/yr 13% less
Reliance General Insurance Cluster Head Salary 11 - 17 years exp. (3 salaries)	₹12.1 L/yr - ₹14.8 L/yr 19% more
Yes Bank Cluster Head Salary 13 - 23 years exp. (24 salaries)	₹16.8 L/yr - ₹47 L/yr 176% more	1 job opening

Cluster Head salary at Bajaj Allianz General Insurance ranges between ₹9.5 Lakhs to ₹15.8 Lakhs per year for employees with experience between 12 years to 14 years. Salary estimates are based on 3 latest salaries received from various employees of Bajaj Allianz General Insurance.

Experience wise Bajaj Allianz General Insurance Cluster Head salaries in Mumbai

Last Updated: 10 Jun 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹13 L/yr
13 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹13.1 L/yr
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14 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹13.1 L/yr

Similar Designation salaries in Bajaj Allianz General Insurance

Sales Manager Salary

(67 salaries)

₹2.4 L/yr - ₹6.64 L/yr

Sales Officer Salary

(18 salaries)

₹1.2 L/yr - ₹3.25 L/yr

Sales Executive Salary

(12 salaries)

₹1.25 L/yr - ₹3.7 L/yr

Deputy Manager Salary

(9 salaries)

₹9.5 L/yr - ₹15 L/yr

Team Lead Salary

(8 salaries)

₹2.05 L/yr - ₹8.5 L/yr

Branch Manager Salary

(3 salaries)

₹5.5 L/yr - ₹7.25 L/yr

Top skills at Bajaj Allianz General Insurance for Cluster Head

Salesforce Operations Private Banking Recruitment Relationship Management Software Configuration Management Team Development Business Strategy Medical Underwriting Penetration Testing Health Insurance Customer Complaints Performance Improvement Customer Segmentation Servicing

Salary related reviews for Bajaj Allianz General Insurance

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

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Bajaj Allianz General Insurance Cluster Head Salary FAQs

How the salary growth look like for a Cluster Head at Bajaj Allianz General Insurance in Mumbai?

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

Experience	Average Salary Range
12 years	₹10.2 Lakhs to ₹13.0 Lakhs per year
13 years	₹10.2 Lakhs to ₹13.1 Lakhs per year
14 years	₹10.3 Lakhs to ₹13.1 Lakhs per year

and so on.

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Bajaj Allianz General Insurance Cluster Head Salaries in Mumbai

Bajaj Allianz General Insurance Cluster Head salary in Mumbai ranges between ₹9.5 Lakhs to ₹15.8 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.