Bajaj Allianz General Insurance Life Insurance Manager Salaries by 2 Employees (Updated 2025)

5 - 6 years exp.

₹3.4 Lakhs - ₹4.4 Lakhs

Low Confidence

Salary of majority employees

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Last Updated: 4 Jun 2024

Companies similar to Bajaj Allianz General Insurance for Life Insurance Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Life Insurance Manager Salary 1 - 7 years exp. (25 salaries)	₹3 L/yr - ₹5.2 L/yr 7% less
Tata AIA Life Insurance Life Insurance Manager Salary 2 - 8 years exp. (13 salaries)	₹3 L/yr - ₹6.3 L/yr 14% more
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PNB MetLife Life Insurance Manager Salary 0 - 8 years exp. (12 salaries)	₹0.6 L/yr - ₹4.5 L/yr 15% less
ICICI Prudential Life Insurance Life Insurance Manager Salary 1 - 7 years exp. (11 salaries)	₹2.4 L/yr - ₹4.6 L/yr 12% less
Axis Max Life Insurance Life Insurance Manager Salary 0 - 10 years exp. (9 salaries)	₹2.8 L/yr - ₹5.5 L/yr 3% less
Bajaj Allianz Life Insurance Life Insurance Manager Salary 0 - 4 years exp. (8 salaries)	₹3.1 L/yr - ₹4.5 L/yr 11% less
Reliance Nippon Life Insurance Life Insurance Manager Salary 0 - 8 years exp. (7 salaries)	₹1.8 L/yr - ₹4 L/yr 34% less
Canara HSBC Life Insurance Life Insurance Manager Salary 2 - 8 years exp. (5 salaries)	₹4 L/yr - ₹4.5 L/yr 11% more
Aditya Birla Sun Life Insurance Life Insurance Manager Salary 1 - 5 years exp. (5 salaries)	₹3.8 L/yr - ₹4.5 L/yr 1% less
Star Union Dai-ichi Life Insurance Life Insurance Manager Salary 3 - 5 years exp. (4 salaries)	₹2.1 L/yr - ₹4.2 L/yr 14% less
SBI Life Insurance Company Life Insurance Manager Salary 3 - 6 years exp. (4 salaries)	₹3 L/yr - ₹5 L/yr 7% less
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Life Insurance Manager salary at Bajaj Allianz General Insurance ranges between ₹3.4 Lakhs to ₹4.4 Lakhs per year for employees with experience between 5 years to 6 years. Salary estimates are based on 2 latest salaries received from various employees of Bajaj Allianz General Insurance.

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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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2w (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 Life Insurance Manager Salary FAQs

What is the notice period for Life Insurance Manager at Bajaj Allianz General Insurance?

According to AmbitionBox, 50% of the Bajaj Allianz General Insurance Life Insurance Managers reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Bajaj Allianz General Insurance Life Insurance Manager Salaries

Bajaj Allianz General Insurance Life Insurance Manager salary in India ranges between ₹3.4 Lakhs to ₹4.4 Lakhs. This is an estimate based on latest salaries received from employees of Bajaj Allianz General Insurance.