Bajaj Allianz General Insurance Junior Manager Salaries by 4 Employees

2 - 11 years exp.

₹1.4 Lakh - ₹3.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

64% less than the average Junior Manager Salary in Insurance Companies for 2 - 11 years of experience

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Last Updated: 17 Mar 2023

Companies similar to Bajaj Allianz General Insurance for Junior Manager

Company name	Avg Annual Salary	Open Jobs
AIG Junior Manager Salary 1 - 10 years exp. (176 salaries)	₹4.2 L/yr - ₹9.7 L/yr 179% more
HDFC Ergo General Insurance Junior Manager Salary 1 - 6 years exp. (28 salaries)	₹2.5 L/yr - ₹4.5 L/yr 17% more
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Shriram Life Insurance Junior Manager Salary 4 - 13 years exp. (6 salaries)	₹2.3 L/yr - ₹4 L/yr 18% more
Kotak Mahindara Life Insurance Junior Manager Salary 0 - 4 years exp. (4 salaries)	₹1.2 L/yr - ₹10 L/yr 121% more
VE Commercial Vehicles Junior Manager Salary 1 - 11 years exp. (1.5k salaries)	₹2.2 L/yr - ₹8.4 L/yr 102% more

Junior Manager salary at Bajaj Allianz General Insurance ranges between ₹1.4 Lakh to ₹3.5 Lakhs per year for employees with experience between 2 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Allianz General Insurance.

Experience wise Bajaj Allianz General Insurance Junior Manager salaries

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹1.6 L/yr
4 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
11 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 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

Service Engineer in Srinag

Motor claims Department

5.0

• posted on 09 May 2021

3.0

for Salary and Benefits

Likes

Best about BajajAllianz is employee care and skil development and learning. Hike and bonus a bit debatable .but overall its good when it comes to disbursement of monthly sallery.

Skill development - Excellent

+2 more

Dislikes

Nothing to dislike about.

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

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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 Junior Manager Salary FAQs

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

The average salary of a Junior Manager at Bajaj Allianz General Insurance in India typically ranges from ₹1.4 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 2 years to 11 years).

The top 10% of Junior Manager at Bajaj Allianz General Insurance earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Junior 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 Junior Manager at Bajaj Allianz General Insurance in India?

The estimated take-home salary of a Junior Manager at Bajaj Allianz General Insurance in India typically ranges from ₹17,984 to ₹19,677 per month. This is based on the average salary range of ₹1.4 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from 2 years to 11 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 Junior Manager in India?

AIG	₹4.2 Lakhs to ₹9.7 Lakhs per year
Kotak Mahindara Life Insurance	₹1.2 Lakhs to ₹10.0 Lakhs per year
VE Commercial Vehicles	₹2.2 Lakhs to ₹8.4 Lakhs per year
Shriram Life Insurance	₹2.3 Lakhs to ₹4.0 Lakhs per year
HDFC Ergo General Insurance	₹2.5 Lakhs to ₹4.5 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.

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

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

Experience	Average Salary Range
2 years	₹1.2 Lakhs to ₹1.6 Lakhs per year
4 years	₹2.2 Lakhs to ₹2.8 Lakhs per year
6 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
11 years	₹3.2 Lakhs to ₹4.0 Lakhs per year

and so on.

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Bajaj Allianz General Insurance Junior Manager Salaries

Bajaj Allianz General Insurance Junior Manager salary in India ranges between ₹1.4 Lakh to ₹3.5 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 Junior Manager salaries in India

Companies similar to Bajaj Allianz General Insurance for Junior Manager

Latest annual salaries shared by Bajaj Allianz General Insurance Junior Manager

Experience wise Bajaj Allianz General Insurance Junior Manager salaries

Similar Designation salaries in Bajaj Allianz General Insurance

Salary related reviews for Bajaj Allianz General Insurance

Deputy Manager in Mumbai

Service Engineer in Srinag

Territory Manager in Kolkata

Junior Executive in Pune

Back Office Executive in Kolkata

Bajaj Allianz General Insurance Junior Manager Salary FAQs

Tell us how to improve this page.