Bajaj Allianz General Insurance Executive Manager Salaries by 7 Employees (Updated 2025)

5 - 10 years exp.

₹4 Lakhs - ₹5.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

73% less than the average Executive Manager Salary in Insurance Companies for 5 - 10 years of experience

Interested in this particular role?

Last Updated: 19 Feb 2025

Companies similar to Bajaj Allianz General Insurance for Executive Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance Executive Manager Salary 1 - 6 years exp. (23 salaries)	₹3 L/yr - ₹4.5 L/yr 22% less
Reliance Nippon Life Insurance Executive Manager Salary 0 - 5 years exp. (9 salaries)	₹2.9 L/yr - ₹3.3 L/yr 32% less
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Aditya Birla Sun Life Insurance Executive Manager Salary 1 - 6 years exp. (9 salaries)	₹2.9 L/yr - ₹3.5 L/yr 30% less
Tata AIA Life Insurance Executive Manager Salary 4 - 8 years exp. (5 salaries)	₹3.3 L/yr - ₹5.5 L/yr 8% less
Kotak Mahindara Life Insurance Executive Manager Salary 1 - 6 years exp. (5 salaries)	₹2 L/yr - ₹3.8 L/yr 34% less
ICICI Lombard General Insurance Company Executive Manager Salary 6 - 7 years exp. (4 salaries)	₹4.5 L/yr - ₹7 L/yr 12% more
Canara HSBC Life Insurance Executive Manager Salary 9 - 15 years exp. (4 salaries)	₹4.3 L/yr - ₹10.5 L/yr 57% more
Tata AIG Executive Manager Salary 1 - 10 years exp. (4 salaries)	₹2.5 L/yr - ₹6 L/yr 8% less
Star Health & Allied Insurance Executive Manager Salary 3 - 12 years exp. (4 salaries)	₹2 L/yr - ₹4 L/yr 41% less
ICICI Prudential Life Insurance Executive Manager Salary 3 - 5 years exp. (3 salaries)	₹5.2 L/yr - ₹6.7 L/yr 29% more
Axis Max Life Insurance Executive Manager Salary 0 - 3 years exp. (3 salaries)	₹2.2 L/yr - ₹5.2 L/yr 14% less
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HDFC Ergo General Insurance Executive Manager Salary 1 - 5 years exp. (3 salaries)	₹2.7 L/yr - ₹3 L/yr 39% less
PNB MetLife Executive Manager Salary 2 - 10 years exp. (3 salaries)	₹3.5 L/yr - ₹6 L/yr 4% less
Niva Bupa Health Insurance Company Executive Manager Salary 0 - 5 years exp. (3 salaries)	₹3 L/yr - ₹3.3 L/yr 32% less

Executive Manager salary at Bajaj Allianz General Insurance ranges between ₹4 Lakhs to ₹5.5 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 7 latest salaries received from various employees of Bajaj Allianz General Insurance.

Experience wise Bajaj Allianz General Insurance Executive Manager salaries

Last Updated: 19 Feb 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹4 L/yr - ₹5 L/yr
6 years (AmbitionBox Estimate)	₹4 L/yr - ₹5 L/yr
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7 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
8 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.5 L/yr
9 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
10 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.5 L/yr

View all

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Senior Analyst Salary

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Finance Executive Salary

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Analyst Salary

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₹6.75 L/yr - ₹12 L/yr

Salary related reviews for Bajaj Allianz General Insurance

4.3

Rated by 2 employees for salary & benefits

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

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

Junior Executive in Pune

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 10 Feb 2025

5.0

for Salary and Benefits

Likes

Company environment, salary, also other department very supportive, friendly environment also all festival are celebrated there.

Salary - Excellent

+6 more

Dislikes

Hr not taking action against loyal or hardworking peoples when they was complaining against the exact issue.. they just ignore employees complaint because of management.

Back Office Executive in Kolkata

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 06 Jan 2025

4.0

for Salary and Benefits

Likes

Several opportunities and with in time salary for each and everyone.

Salary - Good

+3 more

Dislikes

Worst work life balance that I ever seen and experienced in bajaj motor claim department. And for me that's the main thing for a human being.

Work-life balance - Bad

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

see more salary related reviews

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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 Executive Manager Salary FAQs

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

The average salary of a Executive Manager at Bajaj Allianz General Insurance in India typically ranges from ₹4.0 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 5 years to 10 years).

The top 10% of Executive Manager at Bajaj Allianz General Insurance earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Executive Manager Salaries at Bajaj Allianz General Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 7 Bajaj Allianz General Insurance employees in India.

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

The estimated take-home salary of a Executive Manager at Bajaj Allianz General Insurance in India typically ranges from ₹35,035 to ₹36,274 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 5 years to 10 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 7 salaries received from various employees of Bajaj Allianz General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Bajaj Allianz General Insurance for Executive Manager in India?

Canara HSBC Life Insurance	₹4.3 Lakhs to ₹10.5 Lakhs per year
ICICI Prudential Life Insurance	₹5.2 Lakhs to ₹6.7 Lakhs per year
ICICI Lombard General Insurance Company	₹4.5 Lakhs to ₹7.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bajaj Allianz General Insurance, depending on the role and experience level.

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

The salary of a Executive Manager at companies similar to Bajaj Allianz General Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

PNB MetLife	₹3.5 Lakhs to ₹6.0 Lakhs per year
Tata AIA Life Insurance	₹3.3 Lakhs to ₹5.5 Lakhs per year
Tata AIG	₹2.5 Lakhs to ₹6.0 Lakhs per year
Axis Max Life Insurance	₹2.2 Lakhs to ₹5.2 Lakhs per year
Bajaj Allianz Life Insurance	₹3.0 Lakhs to ₹4.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

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

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

Experience	Average Salary Range
5 years	₹4.0 Lakhs to ₹5.0 Lakhs per year
6 years	₹4.0 Lakhs to ₹5.0 Lakhs per year
7 years	₹4.4 Lakhs to ₹5.6 Lakhs per year
8 years	₹2.0 Lakhs to ₹5.5 Lakhs per year

and so on.

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Bajaj Allianz General Insurance Executive Manager Salaries

Bajaj Allianz General Insurance Executive Manager salary in India ranges between ₹4 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Bajaj Allianz General Insurance latest salaries received from various employees of Bajaj Allianz General Insurance.

Bajaj Allianz General Insurance Executive Manager salaries in India (Updated 2025)

Companies similar to Bajaj Allianz General Insurance for Executive Manager

Latest annual salaries shared by Bajaj Allianz General Insurance Executive Manager

Experience wise Bajaj Allianz General Insurance Executive Manager salaries

Similar Designation salaries in Bajaj Allianz General Insurance

Salary related reviews for Bajaj Allianz General Insurance

Deputy Manager in Mumbai

Territory Manager in Kolkata

Junior Executive in Pune

Back Office Executive in Kolkata

Senior Sales Manager in Agartala

Bajaj Allianz General Insurance Executive Manager Salary FAQs

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