Bajaj Allianz General Insurance Operations Manager Salaries by 10+ Employees (Updated 2025)

2 - 16 years exp.

₹1.5 Lakh - ₹6.9 Lakhs

Avg. annual salary

Monthly In-hand Salary

51% less than the average Operations Manager Salary in Insurance Companies for 2 - 16 years of experience

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Salaries in different departments

Customer Success, Service & Operations Operations Manager Salary 2 - 16 years exp. (6 salaries)	₹1.5 L/yr - ₹10 L/yr
Data Science & Analytics Operations Manager Salary 2 - 4 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹6.4 L/yr
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BFSI, Investments & Trading Operations Manager Salary 14 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹7.4 L/yr

Last Updated: 30 Jan 2025

Companies similar to Bajaj Allianz General Insurance for Operations Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Operations Manager Salary 1 - 11 years exp. (286 salaries)	₹1.8 L/yr - ₹9 L/yr 18% less
Axis Max Life Insurance Operations Manager Salary 1 - 16 years exp. (49 salaries)	₹2.2 L/yr - ₹11 L/yr 12% more
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Reliance General Insurance Operations Manager Salary 3 - 16 years exp. (48 salaries)	₹2.4 L/yr - ₹9 L/yr 9% less
SBI Life Insurance Company Operations Manager Salary 6 - 18 years exp. (44 salaries)	₹3.6 L/yr - ₹13 L/yr 50% more
ICICI Prudential Life Insurance Operations Manager Salary 1 - 15 years exp. (43 salaries)	₹1.5 L/yr - ₹7.5 L/yr 20% less
Kotak Mahindara Life Insurance Operations Manager Salary 1 - 13 years exp. (42 salaries)	₹2.7 L/yr - ₹9 L/yr 8% less
HDFC Life Operations Manager Salary 1 - 17 years exp. (38 salaries)	₹1.5 L/yr - ₹10.4 L/yr 6% more
Tata AIG Operations Manager Salary 5 - 12 years exp. (25 salaries)	₹3.3 L/yr - ₹10 L/yr 5% more
Tata AIA Life Insurance Operations Manager Salary 0 - 18 years exp. (21 salaries)	₹6.5 L/yr - ₹15.6 L/yr 117% more
HDFC Ergo General Insurance Operations Manager Salary 6 - 14 years exp. (20 salaries)	₹2.3 L/yr - ₹9.6 L/yr 5% more
Bajaj Allianz Life Insurance Operations Manager Salary 4 - 19 years exp. (17 salaries)	₹3.5 L/yr - ₹15 L/yr 56% more
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Reliance Nippon Life Insurance Operations Manager Salary 5 - 16 years exp. (10 salaries)	₹2.9 L/yr - ₹3.9 L/yr 35% less
Niva Bupa Health Insurance Company Operations Manager Salary 11 - 17 years exp. (10 salaries)	₹5.8 L/yr - ₹8.1 L/yr 18% more
First American Corporation Operations Manager Salary 15 - 21 years exp. (9 salaries)	₹15 L/yr - ₹23 L/yr 217% more
PNB MetLife Operations Manager Salary 8 - 17 years exp. (9 salaries)	₹5.5 L/yr - ₹11.2 L/yr 22% more
Allstate Operations Manager Salary 15 - 19 years exp. (8 salaries)	₹17.5 L/yr - ₹50 L/yr 612% more	1 job opening
Canara HSBC Life Insurance Operations Manager Salary 0 - 15 years exp. (7 salaries)	₹3.3 L/yr - ₹12.4 L/yr 30% more
Shriram Life Insurance Operations Manager Salary 3 - 10 years exp. (6 salaries)	₹2.6 L/yr - ₹10.1 L/yr 3% more
SBI General Insurance Operations Manager Salary 2 - 16 years exp. (5 salaries)	₹3.8 L/yr - ₹6.3 L/yr 20% less
Aditya Birla Sun Life Insurance Operations Manager Salary 12 - 17 years exp. (5 salaries)	₹3.4 L/yr - ₹7.3 L/yr 12% less

View all

Operations Manager salary at Bajaj Allianz General Insurance ranges between ₹1.5 Lakh to ₹6.9 Lakhs per year for employees with experience between 2 years to 16 years. Salary estimates are based on 13 latest salaries received from various employees of Bajaj Allianz General Insurance.

Experience wise Bajaj Allianz General Insurance Operations Manager salaries

Last Updated: 30 Jan 2025

Experience	Avg Annual Salary
2 years (3 salaries)	₹2.3 L/yr - ₹7.4 L/yr
3 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
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4 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
5 years (3 salaries)	₹1.5 L/yr - ₹8.5 L/yr
6 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
7 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
8 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
9 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
10 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
11 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
12 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
13 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
14 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
15+ years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr

View all

Similar Designation salaries in Bajaj Allianz General Insurance

Relationship Manager Salary

(227 salaries)

₹1.65 L/yr - ₹6.5 L/yr

Department Manager Salary

(4 salaries)

₹1.5 L/yr - ₹11 L/yr

Service Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Team Manager Salary

(10 salaries)

₹2.8 L/yr - ₹13 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹4.4 L/yr - ₹5.6 L/yr

Branch Manager Salary

(14 salaries)

₹4.25 L/yr - ₹12.05 L/yr

Area Manager Salary

(18 salaries)

₹4.31 L/yr - ₹18 L/yr

Deputy Manager Salary

(168 salaries)

₹7.25 L/yr - ₹16 L/yr

Program Manager Salary

(AmbitionBox Estimate)

₹16.2 L/yr - ₹20.7 L/yr

Project Manager Salary

(11 salaries)

₹5.95 L/yr - ₹19.3 L/yr

Salary related reviews for Bajaj Allianz General Insurance

4.3

Rated by 5 employees for salary & benefits

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.

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

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

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Salary Discussions, Hike & Promotions

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 Operations Manager Salary FAQs

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

The average salary of a Operations Manager at Bajaj Allianz General Insurance in India typically ranges from ₹1.5 Lakhs to ₹6.9 Lakhs per year, depending on experience (from 2 years to 16 years).

The top 10% of Operations Manager at Bajaj Allianz General Insurance earn more than ₹13.2 Lakhs per year, and the top 1% earn over ₹16.2 Lakhs per year. Operations 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 10+ Bajaj Allianz General Insurance employees in India.

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

The estimated take-home salary of a Operations Manager at Bajaj Allianz General Insurance in India typically ranges from ₹40,702 to ₹41,857 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹6.9 Lakhs per year for employees with experience ranging from 2 years to 16 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 10+ 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 Manager in India?

Allstate	₹17.5 Lakhs to ₹50.0 Lakhs per year
Gallagher	₹15.9 Lakhs to ₹21.3 Lakhs per year
First American Corporation	₹15.0 Lakhs to ₹23.0 Lakhs per year
AIG	₹15.0 Lakhs to ₹16.0 Lakhs per year
Tata AIA Life Insurance	₹6.5 Lakhs to ₹15.6 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 Manager in companies similar to Bajaj Allianz General Insurance in India?

The salary of a Operations 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:

Bajaj Allianz Life Insurance	₹3.5 Lakhs to ₹15.0 Lakhs per year
SBI Life Insurance Company	₹3.6 Lakhs to ₹13.0 Lakhs per year
Canara HSBC Life Insurance	₹3.3 Lakhs to ₹12.4 Lakhs per year
PNB MetLife	₹5.5 Lakhs to ₹11.2 Lakhs per year
Niva Bupa Health Insurance Company	₹5.8 Lakhs to ₹8.1 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 Manager at Bajaj Allianz General Insurance in India?

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

Experience	Average Salary Range
2 years	₹2.3 Lakhs to ₹7.4 Lakhs per year
3 years	₹3.9 Lakhs to ₹5.0 Lakhs per year
4 years	₹4.1 Lakhs to ₹5.2 Lakhs per year
5 years	₹1.5 Lakhs to ₹8.5 Lakhs per year

and so on.

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Bajaj Allianz General Insurance Operations Manager Salaries by Location

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Bajaj Allianz General Insurance Operations Manager Salaries

Bajaj Allianz General Insurance Operations Manager salary in India ranges between ₹1.5 Lakh to ₹6.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 Bajaj Allianz General Insurance latest salaries received from various employees of Bajaj Allianz General Insurance.

Bajaj Allianz General Insurance Operations Manager salaries in India (Updated 2025)

Companies similar to Bajaj Allianz General Insurance for Operations Manager

Latest annual salaries shared by Bajaj Allianz General Insurance Operations Manager

Experience wise Bajaj Allianz General Insurance Operations Manager salaries

Similar Designation salaries in Bajaj Allianz General Insurance

Salary related reviews for Bajaj Allianz General Insurance

Operations Manager in Patna

Deputy Manager in Mumbai

Team Lead in Navi Mumbai

Relationship Manager in Hyderabad / Secunderabad

Territory Manager in Kolkata

Bajaj Allianz General Insurance Operations Manager Salary FAQs

Tell us how to improve this page.

Bajaj Allianz General Insurance Operations Manager Salaries by Location