Bajaj Allianz General Insurance Product Development Manager Salaries by 5 Employees (Updated 2025)

2 - 11 years exp.

₹16 Lakhs - ₹35 Lakhs

Salary of majority employees

At par with the average Product Development Manager Salary in Insurance Companies for 2 - 11 years of experience

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Salaries in different departments

Data Science & Analytics Product Development Manager Salary 5 - 8 years exp. (AmbitionBox Estimate)	₹16 L/yr - ₹23 L/yr
Project & Program Management Product Development Manager Salary 9 - 11 years exp. (AmbitionBox Estimate)	₹26 L/yr - ₹35 L/yr
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Product Management Product Development Manager Salary 2 years exp. (AmbitionBox Estimate)	₹17.1 L/yr - ₹20.9 L/yr

Last Updated: 29 Dec 2023

Companies similar to Bajaj Allianz General Insurance for Product Development Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Ergo General Insurance Product Development Manager Salary 2 - 5 years exp. (5 salaries)	₹10.5 L/yr - ₹12 L/yr 49% less
Future Generali India Life Insurance Product Development Manager Salary 11 - 16 years exp. (3 salaries)	₹12 L/yr - ₹23 L/yr 15% less
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Care Health Insurance Product Development Manager Salary 0 - 6 years exp. (6 salaries)	₹3.3 L/yr - ₹11.1 L/yr 69% less
SBI Life Insurance Company Product Development Manager Salary 3 - 5 years exp. (4 salaries)	₹2.5 L/yr - ₹4.5 L/yr 86% less
Max Life Insurance Product Development Manager Salary 5 - 6 years exp. (3 salaries)	₹3.5 L/yr - ₹14 L/yr 53% less
Bajaj Allianz Life Insurance Product Development Manager Salary 3 - 16 years exp. (3 salaries)	₹9 L/yr - ₹11.6 L/yr 55% less
PNB MetLife Product Development Manager Salary 6 - 9 years exp. (3 salaries)	₹11 L/yr - ₹14.8 L/yr 42% less

Product Development Manager salary at Bajaj Allianz General Insurance ranges between ₹16 Lakhs to ₹35 Lakhs per year for employees with experience between 2 years to 11 years. Salary estimates are based on 5 latest salaries received from various employees of Bajaj Allianz General Insurance.

Experience wise Bajaj Allianz General Insurance Product Development Manager salaries

Last Updated: 29 Dec 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹19 L/yr
3 years (AmbitionBox Estimate)	₹14.4 L/yr - ₹18.4 L/yr
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4 years (AmbitionBox Estimate)	₹15.7 L/yr - ₹20 L/yr
5 years (AmbitionBox Estimate)	₹16 L/yr - ₹34.8 L/yr
6 years (AmbitionBox Estimate)	₹19.1 L/yr - ₹24.5 L/yr
7 years (AmbitionBox Estimate)	₹20.9 L/yr - ₹26.7 L/yr
8 years (AmbitionBox Estimate)	₹23 L/yr - ₹45.2 L/yr
9 years (AmbitionBox Estimate)	₹26 L/yr - ₹48.7 L/yr
10 years (AmbitionBox Estimate)	₹26.1 L/yr - ₹33.3 L/yr
11 years (AmbitionBox Estimate)	₹12.3 L/yr - ₹35 L/yr

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Salary related reviews for Bajaj Allianz General Insurance

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.

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.

Executive Trainee in New Delhi

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 17 Aug 2023

3.0

for Salary and Benefits

Likes

That salary is credited timely.

Dislikes

There's no clarity of the job profile during the briefing of job and doesn't give fair briefing about job, in my case I was given briefing on B2B and after joining I am assigned to B2C they mentioned their won't be field job and now I just don't know my daily schedule also where I need to head

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

Junior Executive in Moti Nagar, Delhi

Full Time

Emerging (Sales) Department

3.0

• posted on 22 Nov 2022

4.0

for Salary and Benefits

Likes

Good Salary.

Dislikes

Very Bad Environment in Moti Nagar Branch and HR also not take any action. Too much pressure.. Not time limited and always face problem if you want leave. No Saturday and even Sunday also you do work.

Junior Executive in Pune

Other Department

5.0

• posted on 12 Jun 2021

4.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transparent. There is a huge cafeteria and gaming arcade for chilling .Company policies are good, appraisal are fair

Dislikes

There are salary is decent but career growth is slow.

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Bajaj Allianz General Insurance Product Development Manager Salary FAQs

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

Product Development Manager salary at Bajaj Allianz General Insurance in India ranges between ₹16.0 Lakhs to ₹35.0 Lakhs for experience between 2 years to 11 years. According to our estimates it is 4% more than the average Product Development Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Bajaj Allianz General Insurance India.

How does the salary of a Product Development Manager at Bajaj Allianz General Insurance India compare with the average salary range for this job?

The average salary of a Product Development Manager at Bajaj Allianz General Insurance is 4% more than the average salary of a Product Development Manager in India. To know exact salary insights, login to view.

What is the salary of a Product Development Manager in companies similar to Bajaj Allianz General Insurance in India?

Future Generali India Life Insurance Product Development Manager Salary - ₹12.0 Lakhs to ₹23.0 Lakhs per year
PNB MetLife Product Development Manager Salary - ₹11.0 Lakhs to ₹14.8 Lakhs per year
HDFC Ergo General Insurance Product Development Manager Salary - ₹10.5 Lakhs to ₹12.0 Lakhs per year
Max Life Insurance Product Development Manager Salary - ₹3.5 Lakhs to ₹14.0 Lakhs per year
Bajaj Allianz Life Insurance Product Development Manager Salary - ₹9.0 Lakhs to ₹11.6 Lakhs per year

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

The estimated take-home salary of a Product Development Manager at Bajaj Allianz General Insurance ranges between ₹1,45,186 per month to ₹1,50,615 per month in India. The take-home salary calculation is based on the average Bajaj Allianz General Insurance Product Development Manager salary in India which ranges between ₹16.0 Lakhs to ₹35.0 Lakhs per year for employees with experience between 2 years to 11 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Bajaj Allianz General Insurance Product Development Managers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Bajaj Allianz General Insurance Product Development Manager Salaries

Bajaj Allianz General Insurance Product Development Manager salary in India ranges between ₹16 Lakhs to ₹35 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Bajaj Allianz General Insurance latest salaries received from various employees of Bajaj Allianz General Insurance.

Bajaj Allianz General Insurance Product Development Manager salaries in India

Companies similar to Bajaj Allianz General Insurance for Product Development Manager

Latest annual salaries shared by Bajaj Allianz General Insurance Product Development Manager

Experience wise Bajaj Allianz General Insurance Product Development Manager salaries

Similar Designation salaries in Bajaj Allianz General Insurance

Salary related reviews for Bajaj Allianz General Insurance

Back Office Executive in Kolkata

Executive Trainee in New Delhi

Deputy Manager in Mumbai

Junior Executive in Moti Nagar, Delhi

Junior Executive in Pune

Bajaj Allianz General Insurance Product Development Manager Salary FAQs

Tell us how to improve this page.