Bajaj Allianz General Insurance Insurance Sales Manager Salaries by 4 Employees

2 - 7 years exp.

₹3 Lakhs - ₹4 Lakhs

Avg. annual salary

Monthly In-hand Salary

5% less than the average Insurance Sales Manager Salary in Insurance Companies for 2 - 7 years of experience

Interested in this particular role?

Last Updated: 15 Mar 2023

Companies similar to Bajaj Allianz General Insurance for Insurance Sales Manager

Company name	Avg Annual Salary	Open Jobs
Tata AIA Life Insurance Insurance Sales Manager Salary 1 - 8 years exp. (27 salaries)	₹3.5 L/yr - ₹6.4 L/yr 54% more
HDFC Life Insurance Sales Manager Salary 1 - 12 years exp. (26 salaries)	₹1.5 L/yr - ₹5.8 L/yr 6% less
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ICICI Prudential Life Insurance Insurance Sales Manager Salary 1 - 5 years exp. (12 salaries)	₹2.5 L/yr - ₹3.5 L/yr 13% less
Axis Max Life Insurance Insurance Sales Manager Salary 2 - 6 years exp. (10 salaries)	₹2.6 L/yr - ₹4 L/yr 8% less
Bajaj Allianz Life Insurance Insurance Sales Manager Salary 3 - 10 years exp. (9 salaries)	₹1.8 L/yr - ₹5.1 L/yr 10% more
Reliance Nippon Life Insurance Insurance Sales Manager Salary 1 - 7 years exp. (7 salaries)	₹2.2 L/yr - ₹3 L/yr 27% less
Canara HSBC Life Insurance Insurance Sales Manager Salary 0 - 8 years exp. (7 salaries)	₹3 L/yr - ₹7 L/yr 63% more
Kotak Mahindara Life Insurance Insurance Sales Manager Salary 0 - 7 years exp. (7 salaries)	₹2.2 L/yr - ₹5 L/yr 12% more
Aditya Birla Sun Life Insurance Insurance Sales Manager Salary 1 - 4 years exp. (6 salaries)	₹2.1 L/yr - ₹3.5 L/yr 19% less
Tata AIG Insurance Sales Manager Salary 2 - 10 years exp. (5 salaries)	₹1.8 L/yr - ₹4.8 L/yr 6% less
Star Union Dai-ichi Life Insurance Insurance Sales Manager Salary 0 - 6 years exp. (5 salaries)	₹1.9 L/yr - ₹2.8 L/yr 20% less
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SBI Life Insurance Company Insurance Sales Manager Salary 3 - 5 years exp. (5 salaries)	₹2.3 L/yr - ₹3.5 L/yr 8% less
Star Health & Allied Insurance Insurance Sales Manager Salary 2 - 8 years exp. (5 salaries)	₹1.7 L/yr - ₹3 L/yr 30% less
ICICI Lombard General Insurance Company Insurance Sales Manager Salary 6 - 8 years exp. (4 salaries)	₹3.1 L/yr - ₹7.4 L/yr 36% more
HDFC Ergo General Insurance Insurance Sales Manager Salary 4 - 6 years exp. (4 salaries)	₹2.7 L/yr - ₹4.6 L/yr 4% more
PNB MetLife Insurance Sales Manager Salary 1 - 4 years exp. (4 salaries)	₹1.5 L/yr - ₹4 L/yr 24% less
Reliance General Insurance Insurance Sales Manager Salary 2 - 8 years exp. (4 salaries)	₹3.2 L/yr - ₹5.3 L/yr 29% more
Shriram Life Insurance Insurance Sales Manager Salary 3 - 10 years exp. (3 salaries)	₹2.2 L/yr - ₹2.8 L/yr 30% less
The Oriental Insurance Co. Insurance Sales Manager Salary 2 - 10 years exp. (3 salaries)	₹3 L/yr - ₹4.4 L/yr 2% more
Niva Bupa Health Insurance Company Insurance Sales Manager Salary 5 - 10 years exp. (3 salaries)	₹3.5 L/yr - ₹5 L/yr 22% more

Insurance Sales Manager salary at Bajaj Allianz General Insurance ranges between ₹3 Lakhs to ₹4 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Allianz General Insurance.

Experience wise Bajaj Allianz General Insurance Insurance Sales Manager salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
Login to view exact salary
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
5 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
6 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
7 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr

View all

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Salary related reviews for Bajaj Allianz General Insurance

5.0

Rated by 1 employees for salary & benefits

Relationship Manager Bancassurance in Kanpur

Bancassurance Channel Department

5.0

• posted on 16 Jun 2019

4.0

for Salary and Benefits

Likes

... different banks . We got the Best environment to work a mental stress free job. And specially the company never stops anybody's salary , remunerations etc. We get many good opportunity to learn new things and implement the same on the required places.

Salary - Good

+5 more

Dislikes

Compensation is decent but the growth is slow. Managers do not value the individual's unique strengths at the time of increments.

Relationship Manager in Hyderabad / Secunderabad

BFSI, Investments & Trading Department

4.0

• posted on 13 Aug 2019

3.0

for Salary and Benefits

Likes

Excellent work atmosphere, One of the good brand, Employees benefits are paid on time, excellent service to customers , Excellent career growth.

Skill development - Good

+4 more

Dislikes

There is no any negative thing in Bajaj Allianz General Insurance Co Ltd.

Job security - Poor

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

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 Insurance Sales Manager Salary FAQs

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

The average salary of a Insurance Sales Manager at Bajaj Allianz General Insurance in India typically ranges from ₹3.0 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 2 years to 7 years).

The top 10% of Insurance Sales Manager at Bajaj Allianz General Insurance earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Insurance Sales 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 4 Bajaj Allianz General Insurance employees in India.

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

The estimated take-home salary of a Insurance Sales Manager at Bajaj Allianz General Insurance in India typically ranges from ₹24,779 to ₹26,222 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 2 years to 7 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 4 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 Insurance Sales Manager in India?

Canara HSBC Life Insurance	₹3.0 Lakhs to ₹7.0 Lakhs per year
Tata AIA Life Insurance	₹3.5 Lakhs to ₹6.4 Lakhs per year
ICICI Lombard General Insurance Company	₹3.1 Lakhs to ₹7.4 Lakhs per year
Reliance General Insurance	₹3.2 Lakhs to ₹5.3 Lakhs per year
Niva Bupa Health Insurance Company	₹3.5 Lakhs to ₹5.0 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 Insurance Sales Manager in companies similar to Bajaj Allianz General Insurance in India?

The salary of a Insurance Sales 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:

Kotak Mahindara Life Insurance	₹2.2 Lakhs to ₹5.0 Lakhs per year
Bajaj Allianz Life Insurance	₹1.8 Lakhs to ₹5.1 Lakhs per year
HDFC Ergo General Insurance	₹2.7 Lakhs to ₹4.6 Lakhs per year
The Oriental Insurance Co.	₹3.0 Lakhs to ₹4.4 Lakhs per year
Tata AIG	₹1.8 Lakhs to ₹4.8 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 Insurance Sales Manager at Bajaj Allianz General Insurance in India?

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

Experience	Average Salary Range
2 years	₹2.9 Lakhs to ₹3.7 Lakhs per year
3 years	₹3.0 Lakhs to ₹3.8 Lakhs per year
4 years	₹3.0 Lakhs to ₹3.9 Lakhs per year
5 years	₹3.1 Lakhs to ₹4.0 Lakhs per year

and so on.

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Bajaj Allianz General Insurance Insurance Sales Manager Salaries by Location

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Bajaj Allianz General Insurance Insurance Sales Manager Salaries

Bajaj Allianz General Insurance Insurance Sales Manager salary in India ranges between ₹3 Lakhs to ₹4 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 Insurance Sales Manager salaries in India

Companies similar to Bajaj Allianz General Insurance for Insurance Sales Manager

Latest annual salaries shared by Bajaj Allianz General Insurance Insurance Sales Manager

Experience wise Bajaj Allianz General Insurance Insurance Sales Manager salaries

Similar Designation salaries in Bajaj Allianz General Insurance

Salary related reviews for Bajaj Allianz General Insurance

Relationship Manager Bancassurance in Kanpur

Relationship Manager in Hyderabad / Secunderabad

Territory Manager in Kolkata

Junior Executive in Pune

Back Office Executive in Kolkata

Bajaj Allianz General Insurance Insurance Sales Manager Salary FAQs

Tell us how to improve this page.

Bajaj Allianz General Insurance Insurance Sales Manager Salaries by Location