Bajaj Allianz General Insurance Mumbai Manager Salaries by 8 Employees

6 - 19 years exp.

₹11.8 Lakhs - ₹21 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Manager Salary in Insurance Companies for 6 - 19 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager Salary 8 - 14 years exp. (3 salaries)	₹11.8 L/yr - ₹21 L/yr
Sales & Business Development Manager Salary 12 - 13 years exp. (AmbitionBox Estimate)	₹15.4 L/yr - ₹17 L/yr
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Data Science & Analytics Manager Salary 10 years exp. (AmbitionBox Estimate)	₹16 L/yr - ₹19.3 L/yr

Last Updated: 7 Dec 2024

Companies similar to Bajaj Allianz General Insurance for Manager in Mumbai

Bajaj Allianz General Insurance Manager Salary

6 - 19 years exp. (8 salaries)

₹11.8 L/yr - ₹21 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Manager Salary 2 - 16 years exp. (281 salaries)	₹4 L/yr - ₹16 L/yr 43% less	2 job openings
Kotak Mahindara Life Insurance Manager Salary 0 - 12 years exp. (237 salaries)	₹3 L/yr - ₹8.5 L/yr 68% less
Login to view exact salary
Tata AIG Manager Salary 1 - 11 years exp. (217 salaries)	₹3.8 L/yr - ₹11 L/yr 60% less	6 job openings
ICICI Prudential Life Insurance Manager Salary 1 - 13 years exp. (179 salaries)	₹4 L/yr - ₹13.9 L/yr 52% less
SBI Life Insurance Company Manager Salary 3 - 20 years exp. (165 salaries)	₹5.5 L/yr - ₹17 L/yr 31% less
Tata AIA Life Insurance Manager Salary 3 - 18 years exp. (157 salaries)	₹7.5 L/yr - ₹29.1 L/yr At par	2 job openings
HDFC Ergo General Insurance Manager Salary 4 - 16 years exp. (141 salaries)	₹4.5 L/yr - ₹15 L/yr 41% less
ICICI Lombard General Insurance Company Manager Salary 2 - 14 years exp. (113 salaries)	₹3.5 L/yr - ₹12.1 L/yr 58% less
Aditya Birla Sun Life Insurance Manager Salary 0 - 12 years exp. (108 salaries)	₹5 L/yr - ₹18 L/yr 34% less
Reliance General Insurance Manager Salary 2 - 16 years exp. (75 salaries)	₹5 L/yr - ₹14.6 L/yr 51% less
Reliance Nippon Life Insurance Manager Salary 2 - 18 years exp. (66 salaries)	₹3.2 L/yr - ₹11.7 L/yr 61% less
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Bajaj Allianz Life Insurance Manager Salary 3 - 18 years exp. (40 salaries)	₹8.5 L/yr - ₹18.5 L/yr 22% less
Star Union Dai-ichi Life Insurance Manager Salary 3 - 14 years exp. (37 salaries)	₹6.3 L/yr - ₹18.7 L/yr 25% less	1 job opening
SBI General Insurance Manager Salary 1 - 11 years exp. (36 salaries)	₹6.5 L/yr - ₹15 L/yr 45% less
PNB MetLife Manager Salary 7 - 17 years exp. (36 salaries)	₹4.7 L/yr - ₹16.5 L/yr 32% less	1 job opening
Axis Max Life Insurance Manager Salary 3 - 16 years exp. (25 salaries)	₹4 L/yr - ₹15 L/yr 50% less	1 job opening
Canara HSBC Life Insurance Manager Salary 7 - 14 years exp. (9 salaries)	₹10 L/yr - ₹16.1 L/yr 18% less
Niva Bupa Health Insurance Company Manager Salary 7 - 13 years exp. (6 salaries)	₹7 L/yr - ₹10 L/yr 48% less
Star Health & Allied Insurance Manager Salary 1 - 12 years exp. (4 salaries)	₹3.2 L/yr - ₹10.8 L/yr 56% less
AON Global Insurance Brokers Manager Salary 2 - 11 years exp. (3 salaries)	₹8 L/yr - ₹10.1 L/yr 41% less

View all

Manager salary at Bajaj Allianz General Insurance ranges between ₹11.8 Lakhs to ₹21 Lakhs per year for employees with experience between 6 years to 19 years. Salary estimates are based on 8 latest salaries received from various employees of Bajaj Allianz General Insurance.

Experience wise Bajaj Allianz General Insurance Manager salaries in Mumbai

Last Updated: 7 Dec 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹14.4 L/yr - ₹18.4 L/yr
7 years (AmbitionBox Estimate)	₹14.5 L/yr - ₹18.6 L/yr
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8 years (AmbitionBox Estimate)	₹14.7 L/yr - ₹18.7 L/yr
9 years (AmbitionBox Estimate)	₹14.8 L/yr - ₹18.9 L/yr
10 years (AmbitionBox Estimate)	₹14.9 L/yr - ₹19.1 L/yr
11 years (AmbitionBox Estimate)	₹15.1 L/yr - ₹19.2 L/yr
12 years (AmbitionBox Estimate)	₹15.2 L/yr - ₹19.4 L/yr
13 years (AmbitionBox Estimate)	₹15.3 L/yr - ₹19.6 L/yr
14 years (AmbitionBox Estimate)	₹15.5 L/yr - ₹19.7 L/yr
15+ years (AmbitionBox Estimate)	₹15.8 L/yr - ₹20.3 L/yr

View all

Similar Designation salaries in Bajaj Allianz General Insurance

Deputy Manager Salary

(9 salaries)

₹9.5 L/yr - ₹15 L/yr

Management Trainee Salary

(7 salaries)

₹6 L/yr - ₹8.6 L/yr

Assistant Vice President Salary

(4 salaries)

₹32 L/yr - ₹43 L/yr

Top skills at Bajaj Allianz General Insurance for Manager

Claims Insurance Claims Product Launch Team Development Team development

Salary related reviews for Bajaj Allianz General Insurance

Manager in Pune

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 17 Sep 2024

5.0

for Salary and Benefits

Likes

Opportunity to get new challenge and learn things.

Salary - Excellent

+6 more

Dislikes

Very less salary is paid to high experience people and HR gives no value to old employees to motivate or reward old employees who have given their whole life to company.

Manager in Pune

Project & Program Management Department

1.0

• posted on 03 Apr 2022

4.0

for Salary and Benefits

Likes

A strong People driven environment. Culture is horrible. HR doesn't exists Good Pay master No work life balance - you will be forced to work on weekends and holidays Office working hours is minimal 12 hours. Only join if you need money with no life

Salary - Good

+1 more

Dislikes

Almost everything except salary

Skill development - Bad

+4 more

Manager in Pune

Legal & Regulatory Department

1.0

• posted on 11 Feb 2022

1.0

for Salary and Benefits

Likes

Jod security but that to if your working on same designation and with less salary and over time work.

Job security - Excellent

Dislikes

Reporting authority's/manager's biased and political decisions of not elevating next level even though sufficient experience abd qualification but elevating other employee just because he have influence of top management but he don't have experience in particular area.

Salary - Bad

+5 more

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

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 Manager Salary FAQs

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

The average salary of a Manager at Bajaj Allianz General Insurance in Mumbai typically ranges from ₹11.8 Lakhs to ₹21.0 Lakhs per year, depending on experience (from 6 years to 19 years).

The top 10% of Manager in Mumbai at Bajaj Allianz General Insurance earn more than ₹19.8 Lakhs per year, and the top 1% earn over ₹21.0 Lakhs per year. 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 8 Bajaj Allianz General Insurance employees in India.

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

The estimated take-home salary of a Manager at Bajaj Allianz General Insurance in Mumbai typically ranges from ₹1,14,920 to ₹1,18,124 per month. This is based on the average salary range of ₹11.8 Lakhs to ₹21.0 Lakhs per year for employees with experience ranging from 6 years to 19 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 8 salaries received from various employees of Bajaj Allianz General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Manager at Bajaj Allianz General Insurance in Mumbai?

To be a Manager at Bajaj Allianz General Insurance in Mumbai, the key skills required include:

- Claims
- Insurance Claims
- Product Launch
- Team Development
- Team development

These skills are highly valued at Bajaj Allianz General Insurance and are crucial for successful performance in a Software Engineering role.

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

Tata AIA Life Insurance

₹7.5 Lakhs to ₹29.1 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 Manager in companies similar to Bajaj Allianz General Insurance in Mumbai?

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

Canara HSBC Life Insurance	₹10.0 Lakhs to ₹16.1 Lakhs per year
Bajaj Allianz Life Insurance	₹8.5 Lakhs to ₹18.5 Lakhs per year
Gallagher	₹12.0 Lakhs to ₹14.0 Lakhs per year
Star Union Dai-ichi Life Insurance	₹6.3 Lakhs to ₹18.7 Lakhs per year
SBI Life Insurance Company	₹5.5 Lakhs to ₹17.0 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 Manager at Bajaj Allianz General Insurance in Mumbai?

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

Experience	Average Salary Range
6 years	₹14.4 Lakhs to ₹18.4 Lakhs per year
7 years	₹14.5 Lakhs to ₹18.6 Lakhs per year
8 years	₹14.7 Lakhs to ₹18.7 Lakhs per year
9 years	₹14.8 Lakhs to ₹18.9 Lakhs per year

and so on.

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Bajaj Allianz General Insurance Manager Salaries in Mumbai

Bajaj Allianz General Insurance Manager salary in Mumbai ranges between ₹11.8 Lakhs to ₹21 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Bajaj Allianz General Insurance latest salaries received from various employees of Bajaj Allianz General Insurance.