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Bajaj Allianz General Insurance Regional Manager salaries in India

Annual salary range
0 - 11 years exp.
₹6.9 Lakhs - ₹17.9 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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34% less than the average Regional Manager Salary in Insurance Companies for 0 - 11 years of experience

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Salaries in different departments

Risk Management & Compliance
Regional Manager Salary
9 - 10 years exp. (AmbitionBox Estimate)
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₹8.6 L/yr - ₹17 L/yr

BFSI, Investments & Trading
Regional Manager Salary
11 years exp. (AmbitionBox Estimate)
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₹7.6 L/yr - ₹16 L/yr

Sales & Business Development
Regional Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹4.2 L/yr - ₹11.8 L/yr

Last Updated: 6 Apr 2024

Companies similar to Bajaj Allianz General Insurance for Regional Manager

Company name Avg Annual Salary Open Jobs
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₹7 L/yr - ₹23 L/yr

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₹12.3 L/yr - ₹36 L/yr

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Tata AIA Life Insurance Regional Manager Salary

9 - 19 years exp. (78 salaries)

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₹5.3 L/yr - ₹16 L/yr

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Axis Max Life Insurance Regional Manager Salary

11 - 21 years exp. (77 salaries)

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₹7.6 L/yr - ₹27.6 L/yr

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PNB MetLife Regional Manager Salary

15 - 20 years exp. (55 salaries)

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₹14 L/yr - ₹26 L/yr

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₹13 L/yr - ₹27 L/yr

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₹7.3 L/yr - ₹19.9 L/yr

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₹8 L/yr - ₹23.9 L/yr

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HDFC Life Regional Manager Salary

11 - 23 years exp. (16 salaries)

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₹11.5 L/yr - ₹37.4 L/yr

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₹14.1 L/yr - ₹38 L/yr

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Shriram Life Insurance Regional Manager Salary

12 - 22 years exp. (12 salaries)

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₹8 L/yr - ₹22 L/yr

arrow icon 54% more
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₹10.3 L/yr - ₹22 L/yr

arrow icon 58% more
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₹17.5 L/yr - ₹29.5 L/yr

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Tata AIG Regional Manager Salary

5 - 19 years exp. (10 salaries)

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₹8 L/yr - ₹13 L/yr

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₹15.8 L/yr - ₹25.7 L/yr

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₹30 L/yr - ₹39.1 L/yr

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₹8.5 L/yr - ₹16.5 L/yr

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₹12 L/yr - ₹22.5 L/yr

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₹9 L/yr - ₹34.4 L/yr

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SBI General Insurance Regional Manager Salary

10 - 15 years exp. (5 salaries)

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₹14.2 L/yr - ₹25 L/yr

arrow icon 75% more
View all
Regional Manager salary at Bajaj Allianz General Insurance ranges between ₹6.9 Lakhs to ₹17.9 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 7 latest salaries received from various employees of Bajaj Allianz General Insurance.

Latest annual salaries shared by Bajaj Allianz General Insurance Regional Manager

11mo ago
₹18.9 Lakhs
10 years exp.
1y ago
₹17 Lakhs
10 years exp.
1y ago
₹4.2 Lakhs
5 years exp.
1y ago
₹14.3 Lakhs
9 years exp.
2y ago
₹16 Lakhs
11 years exp.

Experience wise Bajaj Allianz General Insurance Regional Manager salaries

Last Updated: 6 Apr 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.4 L/yr - ₹12.4 L/yr
1 year (AmbitionBox Estimate)

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₹6.5 L/yr - ₹8.4 L/yr
2 years (AmbitionBox Estimate)

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₹6.9 L/yr - ₹8.8 L/yr
3 years (AmbitionBox Estimate)

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₹7.2 L/yr - ₹9.3 L/yr
4 years (AmbitionBox Estimate)

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₹4.2 L/yr - ₹15.2 L/yr
View all

Similar Designation salaries in Bajaj Allianz General Insurance

Zonal Manager Salary
(4 salaries)
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₹16 L/yr - ₹23 L/yr
General Manager Salary
(AmbitionBox Estimate)
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₹18 L/yr - ₹23 L/yr
Regional Head Salary
(22 salaries)
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₹13 L/yr - ₹38 L/yr
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₹3 L/yr - ₹8.2 L/yr
Branch Manager Salary
(14 salaries)
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₹3.8 L/yr - ₹12.05 L/yr
Area Manager Salary
(23 salaries)
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₹5.15 L/yr - ₹18 L/yr
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₹13.4 L/yr - ₹16 L/yr
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₹1.65 L/yr - ₹7.5 L/yr
Deputy Manager Salary
(168 salaries)
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₹7.25 L/yr - ₹16 L/yr
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₹3.9 L/yr - ₹6.25 L/yr

Top skills at Bajaj Allianz General Insurance for Regional Manager

Claims Adjudication Medical Underwriting Excel PowerPoint Good Typing Speed

Salary related reviews for Bajaj Allianz General Insurance

3.7

Rated by 6 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 05 Jul 2024

2.0
 for  Salary and Benefits

Likes

Salary is the only thing I like here

Dislikes

...y it's 6days a week and month end 7days a week now working hours sales timing 9.30am to 7/8pm then policy issuance it's goes upto 1am, then again next day area manager always talking about work on Sunday, if anyone take a leave manager will tell do existing work, then what is the meaning of leave I don't know, now come to the travel part 1/3 salary will goes on the travel, personal life will be destroyed after joining here work pressure like pressure cooker every day conference call after work and tempting your performance not up to the mark in short your family will leave you bcz of not giving family time

read more
  • Salary - Poor
  • +6 more

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

read more

Dislikes

Hell work life balance With limited manpower resource they work No incentive opportunities No Saturday off No work timings

read more
  • Salary - Poor
  • +5 more

Sales & Business Development Department

5.0
  •  posted on 27 May 2022

5.0
 for  Salary and Benefits

Likes

My first job started at Bagic only first I joined DM team on 18th Feb 2016 and I have passed On roll exam and moved to Pvt Banca team 20th august -2018 over all very experience in bagic its wonderful company .

read more
  • Salary - Excellent
  • +4 more

Dislikes

I am 6.5years old in the company and I have achieved all parameters but every year I got bad rating and my package also less ....so I am not happy with this ...

read more
  • Promotions - Poor

BFSI, Investments & Trading Department

4.0
  •  posted on 04 Jun 2022

1.0
 for  Salary and Benefits

Likes

Company policy are very sharp and easy to maintain.

  • Skill development - Excellent
  • +4 more

Dislikes

...then the security of future life is more happiness than compare to present life.salary growth is very slow .There is a contract for 6 months .

read more
  • Salary - Bad
  • +1 more

BFSI, Investments & Trading Department

5.0
  •  posted on 08 Dec 2020

5.0
 for  Salary and Benefits

Likes

...orted alot from my superiors, HR and entire management of Bajaj Allianz GIC LTD. There is no deduction in form of Salary, Incentives etc.

read more
  • Salary - Excellent
  • +6 more

Dislikes

There will be some dislike, but for me its minor..

see more salary related reviews

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Bajaj Allianz General Insurance Regional Manager Salary FAQs

What is the salary of Regional Manager at Bajaj Allianz General Insurance ?
The average salary of a Regional Manager at Bajaj Allianz General Insurance in India typically ranges from ₹6.9 Lakhs to ₹17.9 Lakhs per year, depending on experience (from Fresher to 11 years).

The top 10% of Regional Manager at Bajaj Allianz General Insurance earn more than ₹18.5 Lakhs per year, and the top 1% earn over ₹18.9 Lakhs per year. Regional 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 7 Bajaj Allianz General Insurance employees in India.
What is the estimated take home salary of a Regional Manager at Bajaj Allianz General Insurance in India?
The estimated take-home salary of a Regional Manager at Bajaj Allianz General Insurance in India typically ranges from ₹72,256 to ₹74,119 per month. This is based on the average salary range of ₹6.9 Lakhs to ₹17.9 Lakhs per year for employees with experience ranging from Fresher to 11 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 7 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 Regional Manager at Bajaj Allianz General Insurance ?
To be a Regional Manager at Bajaj Allianz General Insurance in india, the key skills required include:

  • - Claims Adjudication
  • - Medical Underwriting
  • - Excel
  • - PowerPoint
  • - Good Typing Speed

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 Regional Manager in India?
SBI Life Insurance Company ₹30.0 Lakhs to ₹39.1 Lakhs per year
The New India Assurance Co. ₹24.0 Lakhs to ₹25.3 Lakhs per year
Aditya Birla Sun Life Insurance ₹14.1 Lakhs to ₹38.0 Lakhs per year
ICICI Prudential Life Insurance ₹12.3 Lakhs to ₹36.0 Lakhs per year
Reliance Nippon Life Insurance ₹13.0 Lakhs to ₹27.0 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 Regional Manager in companies similar to Bajaj Allianz General Insurance in India?
The salary of a Regional 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:

Star Union Dai-ichi Life Insurance ₹17.5 Lakhs to ₹29.5 Lakhs per year
HDFC Life ₹11.5 Lakhs to ₹37.4 Lakhs per year
PNB MetLife ₹14.0 Lakhs to ₹26.0 Lakhs per year
United India Insurance Company ₹9.0 Lakhs to ₹34.4 Lakhs per year
Star Health & Allied Insurance ₹15.8 Lakhs to ₹25.7 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 Regional Manager at Bajaj Allianz General Insurance in India?
The salary growth for a Regional Manager at Bajaj Allianz General Insurance depends on factors such as experience, performance, and promotions. On average, a Regional Manager can expect the following growth trajectory at Bajaj Allianz General Insurance:

Experience Average Salary Range
Fresher ₹2.4 Lakhs to ₹12.4 Lakhs per year
1 year ₹6.5 Lakhs to ₹8.4 Lakhs per year
2 years ₹6.9 Lakhs to ₹8.8 Lakhs per year
3 years ₹7.2 Lakhs to ₹9.3 Lakhs per year
and so on.

Tell us how to improve this page.

Bajaj Allianz General Insurance Regional Manager salary in India ranges between ₹6.9 Lakhs to ₹17.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Bajaj Allianz General Insurance latest salaries received from various employees of Bajaj Allianz General Insurance.