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 - 4 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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SBI Life Insurance Company Product Development Manager Salary 3 - 5 years exp. (4 salaries)	₹2.5 L/yr - ₹4.5 L/yr 86% less
Axis 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

Junior Executive in Pune

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 10 Feb 2025

5.0

for Salary and Benefits

Likes

Company environment, salary, also other department very supportive, friendly environment also all festival are celebrated there.

Salary - Excellent

+6 more

Dislikes

Hr not taking action against loyal or hardworking peoples when they was complaining against the exact issue.. they just ignore employees complaint because of management.

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.

Salary - Good

+3 more

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.

Work-life balance - Bad

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

Skill development - Poor

+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

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.

Salary - Good

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.

Job security - Bad

+3 more

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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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
Axis 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

Junior Executive in Pune

Back Office Executive in Kolkata

Executive Trainee in New Delhi

Deputy Manager in Mumbai

Junior Executive in Moti Nagar, Delhi

Bajaj Allianz General Insurance Product Development Manager Salary FAQs

Tell us how to improve this page.