Bajaj Allianz General Insurance Department Manager Salaries by 4 Employees (Updated 2025)

5 - 16 years exp.

₹1.5 Lakh - ₹11 Lakhs

Salary of majority employees

29% more than the average Department Manager Salary in Insurance Companies for 5 - 16 years of experience

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Last Updated: 6 Apr 2024

Companies similar to Bajaj Allianz General Insurance for Department Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Department Manager Salary 1 - 5 years exp. (4 salaries)	₹6 L/yr - ₹15 L/yr 30% more
HDFC Ergo General Insurance Department Manager Salary 1 - 7 years exp. (4 salaries)	₹7 L/yr - ₹14.8 L/yr 72% more
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Tata AIG Department Manager Salary 2 - 5 years exp. (4 salaries)	₹3.1 L/yr - ₹9 L/yr 15% less
Future Generali India Life Insurance Department Manager Salary 8 - 12 years exp. (3 salaries)	₹4.1 L/yr - ₹7.1 L/yr 9% less
SBI General Insurance Department Manager Salary 3 - 30 years exp. (3 salaries)	₹8 L/yr - ₹13 L/yr 55% more
ICICI Prudential Life Insurance Department Manager Salary 0 - 12 years exp. (4 salaries)	₹4.5 L/yr - ₹8.7 L/yr 10% less
SBI Life Insurance Company Department Manager Salary 6 - 10 years exp. (4 salaries)	₹3.2 L/yr - ₹4.3 L/yr 49% less
HDFC Life Department Manager Salary 1 - 3 years exp. (3 salaries)	₹4.5 L/yr - ₹17 L/yr 46% more
Axis Max Life Insurance Department Manager Salary 5 years exp. (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr 33% less
Canara HSBC Life Insurance Department Manager Salary 10 years exp. (3 salaries)	₹8.1 L/yr - ₹10 L/yr 31% more

Department Manager salary at Bajaj Allianz General Insurance ranges between ₹1.5 Lakh to ₹11 Lakhs per year for employees with experience between 5 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Allianz General Insurance.

Experience wise Bajaj Allianz General Insurance Department Manager salaries

Last Updated: 6 Apr 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
7 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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15+ years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr

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Salary related reviews for Bajaj Allianz General Insurance

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

Sales Manager in Siiguri

BFSI, Investments & Trading Department

4.0

• posted on 04 Jun 2022

1.0

for Salary and Benefits

Likes

Company policy are very sharp and easy to maintain.

Skill development - Excellent

+4 more

Dislikes

...then the security of future life is more happiness than compare to present life.salary growth is very slow .There is a contract for 6 months .

Salary - Bad

+1 more

Team Lead in Navi Mumbai

BFSI, Investments & Trading Department

5.0

• posted on 13 Dec 2020

5.0

for Salary and Benefits

Likes

Worked in Bajaj Allianz since last 5 years and defenitely I have excellent learning experience in this company. Job security is good even in COVID we were getting our full paymet in every month . Good bonus , leaves and most important is best team mates I have ever work with. Working with such team mates was never boring. Best experience

Salary - Excellent

+5 more

Dislikes

Less salary and increment for offroll people. Best benefits for onroll people's. If we want growth in this company then we should be on onroll position rest all is good

Promotions - Poor

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1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Bajaj Allianz General Insurance Department Manager Salary FAQs

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

Department Manager salary at Bajaj Allianz General Insurance in India ranges between ₹1.5 Lakhs to ₹11.0 Lakhs for experience between 5 years to 16 years. According to our estimates it is 29% more than the average Department Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Allianz General Insurance India.

How does the salary of a Department Manager at Bajaj Allianz General Insurance India compare with the average salary range for this job?

The average salary of a Department Manager at Bajaj Allianz General Insurance is 29% more than the average salary of a Department Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Bajaj Allianz General Insurance to a Department Manager in India?

HDFC Ergo General Insurance Department Manager Salary - ₹7.0 Lakhs to ₹14.8 Lakhs per year
SBI General Insurance Department Manager Salary - ₹8.0 Lakhs to ₹13.0 Lakhs per year
HDFC Life Department Manager Salary - ₹4.5 Lakhs to ₹17.0 Lakhs per year
Canara HSBC Life Insurance Department Manager Salary - ₹8.1 Lakhs to ₹10.0 Lakhs per year
ICICI Lombard General Insurance Company Department Manager Salary - ₹6.0 Lakhs to ₹15.0 Lakhs per year

What is the salary of a Department Manager in companies similar to Bajaj Allianz General Insurance in India?

Future Generali India Life Insurance Department Manager Salary - ₹4.1 Lakhs to ₹7.1 Lakhs per year
ICICI Prudential Life Insurance Department Manager Salary - ₹4.5 Lakhs to ₹8.7 Lakhs per year
Tata AIG Department Manager Salary - ₹3.1 Lakhs to ₹9.0 Lakhs per year
Axis Max Life Insurance Department Manager Salary - ₹3.9 Lakhs to ₹4.9 Lakhs per year
SBI Life Insurance Company Department Manager Salary - ₹3.2 Lakhs to ₹4.3 Lakhs per year

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

The estimated take-home salary of a Department Manager at Bajaj Allianz General Insurance ranges between ₹50,617 per month to ₹51,812 per month in India. The take-home salary calculation is based on the average Bajaj Allianz General Insurance Department Manager salary in India which ranges between ₹1.5 Lakhs to ₹11.0 Lakhs per year for employees with experience between 5 years to 16 years. Check how did we calculate take home salary?

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Bajaj Allianz General Insurance Department Manager Salaries

Bajaj Allianz General Insurance Department Manager salary in India ranges between ₹1.5 Lakh to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bajaj Allianz General Insurance latest salaries received from various employees of Bajaj Allianz General Insurance.

Bajaj Allianz General Insurance Department Manager salaries in India

Companies similar to Bajaj Allianz General Insurance for Department Manager

Latest annual salaries shared by Bajaj Allianz General Insurance Department Manager

Experience wise Bajaj Allianz General Insurance Department Manager salaries

Similar Designation salaries in Bajaj Allianz General Insurance

Salary related reviews for Bajaj Allianz General Insurance

Deputy Manager in Mumbai

Sales Manager in Bangalore / Bengaluru

Sales Officer in Kolkata

Sales Manager in Siiguri

Team Lead in Navi Mumbai

Bajaj Allianz General Insurance Department Manager Salary FAQs

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