Bajaj Allianz General Insurance Operations Associate Salaries by 6 Employees

0 - 3 years exp.

₹1.7 Lakh - ₹3.1 Lakhs

Avg. annual salary

Monthly In-hand Salary

33% less than the average Operations Associate Salary in Insurance Companies for 0 - 3 years of experience

Interested in this particular role?

Last Updated: 2 Oct 2024

Companies similar to Bajaj Allianz General Insurance for Operations Associate

Company name	Avg Annual Salary	Open Jobs
Allstate Operations Associate Salary 0 - 3 years exp. (317 salaries)	₹1.8 L/yr - ₹6.2 L/yr 49% more	3 job openings
SBI Life Insurance Company Operations Associate Salary 0 - 6 years exp. (103 salaries)	₹1.5 L/yr - ₹4.5 L/yr 27% more
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ICICI Prudential Life Insurance Operations Associate Salary 1 - 4 years exp. (36 salaries)	₹2.1 L/yr - ₹4 L/yr 37% more
HDFC Life Operations Associate Salary 1 - 5 years exp. (14 salaries)	₹1.8 L/yr - ₹4.5 L/yr 31% more
Tata AIG Operations Associate Salary 0 - 2 years exp. (10 salaries)	₹1.8 L/yr - ₹2.6 L/yr 7% less
Axis Max Life Insurance Operations Associate Salary 2 - 3 years exp. (6 salaries)	₹2.3 L/yr - ₹4.1 L/yr 34% more
Reliance General Insurance Operations Associate Salary 0 - 6 years exp. (6 salaries)	₹2.4 L/yr - ₹3 L/yr 10% more
Canara HSBC Life Insurance Operations Associate Salary 1 - 4 years exp. (5 salaries)	₹2 L/yr - ₹3.8 L/yr 20% more
SBI General Insurance Operations Associate Salary 0 - 5 years exp. (4 salaries)	₹3 L/yr - ₹4 L/yr 39% more
ICICI Lombard General Insurance Company Operations Associate Salary 1 - 3 years exp. (4 salaries)	₹1.2 L/yr - ₹3.5 L/yr 4% more
Aditya Birla Sun Life Insurance Operations Associate Salary 0 - 5 years exp. (4 salaries)	₹1.8 L/yr - ₹3.5 L/yr 22% more
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Bajaj Allianz Life Insurance Operations Associate Salary 2 - 16 years exp. (4 salaries)	₹3.5 L/yr - ₹23 L/yr 299% more
HDFC Ergo General Insurance Operations Associate Salary 0 - 10 years exp. (4 salaries)	₹3.6 L/yr - ₹5 L/yr 76% more
PNB MetLife Operations Associate Salary 0 - 19 years exp. (4 salaries)	₹2 L/yr - ₹19 L/yr 185% more
Kotak Mahindara Life Insurance Operations Associate Salary 1 - 4 years exp. (4 salaries)	₹1.8 L/yr - ₹3.8 L/yr 13% more
Reliance Nippon Life Insurance Operations Associate Salary 1 - 3 years exp. (3 salaries)	₹1.3 L/yr - ₹2.8 L/yr 5% less

Operations Associate salary at Bajaj Allianz General Insurance ranges between ₹1.7 Lakh to ₹3.1 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 6 latest salaries received from various employees of Bajaj Allianz General Insurance.

Experience wise Bajaj Allianz General Insurance Operations Associate salaries

Last Updated: 2 Oct 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹4.7 L/yr
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2 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.4 L/yr
3 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹3.3 L/yr

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Salary related reviews for Bajaj Allianz General Insurance

3.2

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

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

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

Operations Manager in Patna

Finance Department

4.0

• posted on 03 Sep 2018

3.0

for Salary and Benefits

Likes

It was a wonderful experience working for this organization as I got the opportunity to learn new set of skills and a remarkable team to work with.I would like to thank my director for his continous support.Miss u all

Skill development - Good

+3 more

Dislikes

Expect the pay scale and limited growth opportunities ,there is nothing u can complain 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

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 Operations Associate Salary FAQs

What is the salary of Operations Associate at Bajaj Allianz General Insurance ?

The average salary of a Operations Associate at Bajaj Allianz General Insurance in India typically ranges from ₹1.7 Lakhs to ₹3.1 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Operations Associate at Bajaj Allianz General Insurance earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.1 Lakhs per year. Operations Associate 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 6 Bajaj Allianz General Insurance employees in India.

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

The estimated take-home salary of a Operations Associate at Bajaj Allianz General Insurance in India typically ranges from ₹16,789 to ₹18,500 per month. This is based on the average salary range of ₹1.7 Lakhs to ₹3.1 Lakhs per year for employees with experience ranging from Fresher to 3 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 6 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 Operations Associate in India?

Bajaj Allianz Life Insurance	₹3.5 Lakhs to ₹23.0 Lakhs per year
PNB MetLife	₹2.0 Lakhs to ₹19.0 Lakhs per year
HDFC Ergo General Insurance	₹3.6 Lakhs to ₹5.0 Lakhs per year
Allstate	₹1.8 Lakhs to ₹6.2 Lakhs per year
SBI General Insurance	₹3.0 Lakhs to ₹4.0 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 Operations Associate in companies similar to Bajaj Allianz General Insurance in India?

The salary of a Operations Associate 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:

ICICI Prudential Life Insurance	₹2.1 Lakhs to ₹4.0 Lakhs per year
Axis Max Life Insurance	₹2.3 Lakhs to ₹4.1 Lakhs per year
HDFC Life	₹1.8 Lakhs to ₹4.5 Lakhs per year
SBI Life Insurance Company	₹1.5 Lakhs to ₹4.5 Lakhs per year
Aditya Birla Sun Life Insurance	₹1.8 Lakhs to ₹3.5 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 Operations Associate at Bajaj Allianz General Insurance in India?

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

Experience	Average Salary Range
Fresher	₹2.5 Lakhs to ₹3.1 Lakhs per year
1 year	₹2.5 Lakhs to ₹4.7 Lakhs per year
2 years	₹0.9 Lakhs to ₹2.4 Lakhs per year
3 years	₹1.7 Lakhs to ₹3.3 Lakhs per year

and so on.

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Bajaj Allianz General Insurance Operations Associate Salaries

Bajaj Allianz General Insurance Operations Associate salary in India ranges between ₹1.7 Lakh to ₹3.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Bajaj Allianz General Insurance latest salaries received from various employees of Bajaj Allianz General Insurance.