Bajaj Allianz General Insurance Relationship Manager Salaries by 300+ Employees (Updated 2025)

0 - 9 years exp.

₹1.7 Lakh - ₹6.5 Lakhs

Salary of majority employees

Fixed (100%)

₹3.9 Lakhs

Variable (0%)

₹0.0

22% less than the average Relationship Manager Salary in Insurance Companies for 0 - 9 years of experience

Interested in this particular role? 69 job openings

Salaries in different departments

BFSI, Investments & Trading Relationship Manager Salary 0 - 9 years exp. (108 salaries)	₹1.8 L/yr - ₹6.5 L/yr
Sales & Business Development Relationship Manager Salary 0 - 9 years exp. (81 salaries)	₹2 L/yr - ₹6 L/yr
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Marketing & Communication Relationship Manager Salary 0 - 8 years exp. (29 salaries)	₹2.1 L/yr - ₹6 L/yr
Customer Success, Service & Operations Relationship Manager Salary 0 - 9 years exp. (27 salaries)	₹2 L/yr - ₹5.6 L/yr
Finance & Accounting Relationship Manager Salary 1 - 8 years exp. (14 salaries)	₹2.5 L/yr - ₹6 L/yr

Last Updated: 28 Feb 2025

Companies similar to Bajaj Allianz General Insurance for Relationship Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Relationship Manager Salary 0 - 12 years exp. (328 salaries)	₹2.5 L/yr - ₹8.6 L/yr 17% more	2 job openings
HDFC Ergo General Insurance Relationship Manager Salary 2 - 9 years exp. (88 salaries)	₹1.9 L/yr - ₹5.6 L/yr 2% less
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Reliance General Insurance Relationship Manager Salary 4 - 12 years exp. (36 salaries)	₹3 L/yr - ₹8.3 L/yr 22% more
Tata AIG Relationship Manager Salary 0 - 12 years exp. (878 salaries)	₹2.2 L/yr - ₹7.5 L/yr 19% more	14 job openings
Bharti AXA Life Insurance Relationship Manager Salary 1 - 9 years exp. (206 salaries)	₹2.3 L/yr - ₹5.4 L/yr 1% more
PNB MetLife Relationship Manager Salary 0 - 11 years exp. (1.2k salaries)	₹2.2 L/yr - ₹4.7 L/yr 8% less	165 job openings
Tata AIA Life Insurance Relationship Manager Salary 0 - 10 years exp. (1.1k salaries)	₹1.8 L/yr - ₹5.5 L/yr 1% more	212 job openings
Bajaj Allianz Life Insurance Relationship Manager Salary 0 - 10 years exp. (764 salaries)	₹1.6 L/yr - ₹5 L/yr 15% less	17 job openings
HDFC Life Relationship Manager Salary 0 - 9 years exp. (742 salaries)	₹1.7 L/yr - ₹5 L/yr 12% less	2 job openings
Niva Bupa Health Insurance Company Relationship Manager Salary 0 - 10 years exp. (558 salaries)	₹1.9 L/yr - ₹4.5 L/yr 8% less	1 job opening
Max Life Insurance Relationship Manager Salary 0 - 10 years exp. (497 salaries)	₹1.1 L/yr - ₹7 L/yr 18% more	6 job openings
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Star Union Dai-ichi Life Insurance Relationship Manager Salary 0 - 11 years exp. (545 salaries)	₹2.2 L/yr - ₹5.3 L/yr At par	8 job openings
ICICI Prudential Life Insurance Relationship Manager Salary 0 - 7 years exp. (342 salaries)	₹1.9 L/yr - ₹8 L/yr 15% more
Star Health & Allied Insurance Relationship Manager Salary 0 - 7 years exp. (275 salaries)	₹1.5 L/yr - ₹4.2 L/yr 19% less
Aditya Birla Sun Life Insurance Relationship Manager Salary 0 - 7 years exp. (247 salaries)	₹2 L/yr - ₹6 L/yr 4% less
Reliance Nippon Life Insurance Relationship Manager Salary 0 - 11 years exp. (220 salaries)	₹1.7 L/yr - ₹5.1 L/yr 12% less
Future Generali India Life Insurance Relationship Manager Salary 0 - 6 years exp. (291 salaries)	₹1.8 L/yr - ₹4.5 L/yr 20% less	49 job openings
Canara HSBC Life Insurance Relationship Manager Salary 1 - 9 years exp. (200 salaries)	₹2.5 L/yr - ₹6 L/yr 6% less
Kotak Mahindara Life Insurance Relationship Manager Salary 0 - 7 years exp. (210 salaries)	₹1.8 L/yr - ₹7 L/yr 9% less	5 job openings
SBI General Insurance Relationship Manager Salary 1 - 9 years exp. (209 salaries)	₹1.8 L/yr - ₹6.6 L/yr 12% less

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Relationship Manager salary at Bajaj Allianz General Insurance ranges between ₹1.7 Lakh to ₹6.5 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 320 latest salaries received from various employees of Bajaj Allianz General Insurance.

Experience wise Bajaj Allianz General Insurance Relationship Manager salaries

Last Updated: 28 Feb 2025

Experience	Avg Annual Salary
Fresher (22 salaries)	₹1.7 L/yr - ₹4.6 L/yr
1 year (48 salaries)	₹2 L/yr - ₹6 L/yr
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2 years (39 salaries)	₹2.2 L/yr - ₹5 L/yr
3 years (36 salaries)	₹2 L/yr - ₹5.8 L/yr
4 years (52 salaries)	₹1.8 L/yr - ₹6 L/yr
5 years (40 salaries)	₹2 L/yr - ₹5.8 L/yr
6 years (35 salaries)	₹2 L/yr - ₹6 L/yr
7 years (19 salaries)	₹2 L/yr - ₹6.3 L/yr
8 years (23 salaries)	₹2.4 L/yr - ₹6 L/yr
9 years (6 salaries)	₹3.3 L/yr - ₹6.5 L/yr

View all

Similar Designation salaries in Bajaj Allianz General Insurance

Relationship Officer Salary

(6 salaries)

₹3 L/yr - ₹4.5 L/yr

Branch Manager Salary

(14 salaries)

₹4.25 L/yr - ₹12.5 L/yr

Department Manager Salary

(4 salaries)

₹1.5 L/yr - ₹11 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹4.4 L/yr - ₹5.6 L/yr

Deputy Manager Salary

(165 salaries)

₹7.25 L/yr - ₹16 L/yr

Territory Manager Salary

(286 salaries)

₹2.6 L/yr - ₹7 L/yr

Sales Manager Salary

(472 salaries)

₹1.8 L/yr - ₹6.75 L/yr

Area Sales Manager Salary

(64 salaries)

₹3 L/yr - ₹12 L/yr

Area Manager Salary

(16 salaries)

₹5.15 L/yr - ₹18 L/yr

Branch Sales Manager Salary

(3 salaries)

₹4 L/yr - ₹6 L/yr

Top skills at Bajaj Allianz General Insurance for Relationship Manager

Operations Recruitment Salesforce Relationship Management Private Banking Team Development Software Configuration Management Business Strategy Stakeholder Management Sales Planning Market Intelligence Interpersonal Skills Market Study Networking Training

Salary related reviews for Bajaj Allianz General Insurance

3.9

Rated by 86 employees for salary & benefits

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

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

Sales Manager in Bangalore / Bengaluru

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 .

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 ...

Promotions - Poor

Sales Officer in Kolkata

Other Department

2.0

• posted on 30 Apr 2022

3.0

for Salary and Benefits

Likes

Official job is good

Dislikes

Salary structure is so poor,not secure job.This is commission/insentives/pay out based job.I am sorry to say now a days all insurance companies became a broker based job.You can give payout to brokers for each & every policies.

Work satisfaction - Poor

+1 more

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Bajaj Allianz General Insurance Relationship Manager Salary FAQs

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

Relationship Manager salary at Bajaj Allianz General Insurance in India ranges between ₹1.7 Lakhs to ₹6.5 Lakhs for less than 1 year of experience to 9 years. According to our estimates it is 22% less than the average Relationship Manager Salary in India. Salary estimates are based on 320 latest salaries received from various employees of Bajaj Allianz General Insurance India.

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

The average salary of a Relationship Manager at Bajaj Allianz General Insurance is 22% less than the average salary of a Relationship Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Relationship Manager at Bajaj Allianz General Insurance?

Operations, Recruitment, Salesforce, Relationship Management and Private Banking are some of the popular skills required to work as a Relationship Manager at Bajaj Allianz General Insurance India.

Which similar companies are paying more than Bajaj Allianz General Insurance to a Relationship Manager in India?

The Oriental Insurance Co. Relationship Manager Salary - ₹30.0 Lakhs to ₹36.0 Lakhs per year
Reliance General Insurance Relationship Manager Salary - ₹3.0 Lakhs to ₹8.3 Lakhs per year
Tata AIG Relationship Manager Salary - ₹2.2 Lakhs to ₹7.5 Lakhs per year
Max Life Insurance Relationship Manager Salary - ₹1.1 Lakhs to ₹7.0 Lakhs per year
ICICI Lombard General Insurance Company Relationship Manager Salary - ₹2.5 Lakhs to ₹8.6 Lakhs per year

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

ICICI Prudential Life Insurance Relationship Manager Salary - ₹1.9 Lakhs to ₹8.0 Lakhs per year
SBI Life Insurance Company Relationship Manager Salary - ₹2.5 Lakhs to ₹6.5 Lakhs per year
Shriram Life Insurance Relationship Manager Salary - ₹1.8 Lakhs to ₹6.3 Lakhs per year
Tata AIA Life Insurance Relationship Manager Salary - ₹1.8 Lakhs to ₹5.5 Lakhs per year
Bharti AXA Life Insurance Relationship Manager Salary - ₹2.3 Lakhs to ₹5.4 Lakhs per year

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

The estimated take-home salary of a Relationship Manager at Bajaj Allianz General Insurance ranges between ₹29,118 per month to ₹30,495 per month in India. The take-home salary calculation is based on the average Bajaj Allianz General Insurance Relationship Manager salary in India which ranges between ₹1.7 Lakhs to ₹6.5 Lakhs per year for employees with less than 1 year of experience to 9 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 47% of the Bajaj Allianz General Insurance Relationship Managers reported a notice period of 3 Months, 28% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 296 responses on AmbitionBox in last 2 years.

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Bajaj Allianz General Insurance Relationship Manager Salaries by Location

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Bajaj Allianz General Insurance Relationship Manager Salaries

Bajaj Allianz General Insurance Relationship Manager salary in India ranges between ₹1.7 Lakh to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 320 Bajaj Allianz General Insurance latest salaries received from various employees of Bajaj Allianz General Insurance.

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

Companies similar to Bajaj Allianz General Insurance for Relationship Manager

Latest annual salaries shared by Bajaj Allianz General Insurance Relationship Manager

Experience wise Bajaj Allianz General Insurance Relationship Manager salaries

Similar Designation salaries in Bajaj Allianz General Insurance

Top skills at Bajaj Allianz General Insurance for Relationship Manager

Salary related reviews for Bajaj Allianz General Insurance

Relationship Manager in Hyderabad / Secunderabad

Territory Manager in Kolkata

Deputy Manager in Mumbai

Sales Manager in Bangalore / Bengaluru

Sales Officer in Kolkata

Bajaj Allianz General Insurance Relationship Manager Salary FAQs

Tell us how to improve this page.

Bajaj Allianz General Insurance Relationship Manager Salaries by Location