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

0 - 8 years exp.

₹2.5 Lakhs - ₹6 Lakhs

Avg. annual salary

Monthly In-hand Salary

28% less than the average Relationship Manager Salary in Insurance Companies for 0 - 8 years of experience

Interested in this particular role? 23 job openings

Salaries in different departments

BFSI, Investments & Trading Relationship Manager Salary 0 - 8 years exp. (6 salaries)	₹2.5 L/yr - ₹4.6 L/yr
Customer Success, Service & Operations Relationship Manager Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
Login to view exact salary
Sales & Business Development Relationship Manager Salary 6 - 8 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹6 L/yr

Last Updated: 19 Mar 2025

Companies similar to Bajaj Allianz General Insurance for Relationship Manager in Chennai

Bajaj Allianz General Insurance Relationship Manager Salary

0 - 8 years exp. (14 salaries)

₹2.5 L/yr - ₹6 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata AIA Life Insurance Relationship Manager Salary 0 - 10 years exp. (136 salaries)	₹2.5 L/yr - ₹5.5 L/yr At par	38 job openings
ICICI Lombard General Insurance Company Relationship Manager Salary 0 - 9 years exp. (43 salaries)	₹3 L/yr - ₹8.6 L/yr 12% more
Login to view exact salary
Tata AIG Relationship Manager Salary 0 - 11 years exp. (42 salaries)	₹3 L/yr - ₹6.9 L/yr 20% more	8 job openings
HDFC Life Relationship Manager Salary 0 - 7 years exp. (30 salaries)	₹1.8 L/yr - ₹5 L/yr 11% less	6 job openings
Star Health & Allied Insurance Relationship Manager Salary 0 - 8 years exp. (29 salaries)	₹2.2 L/yr - ₹4 L/yr 18% less
Axis Max Life Insurance Relationship Manager Salary 2 - 9 years exp. (25 salaries)	₹2.2 L/yr - ₹6 L/yr 15% more	3 job openings
ICICI Prudential Life Insurance Relationship Manager Salary 0 - 5 years exp. (14 salaries)	₹2.5 L/yr - ₹7.5 L/yr 12% more
Canara HSBC Life Insurance Relationship Manager Salary 2 - 6 years exp. (13 salaries)	₹2.6 L/yr - ₹4.2 L/yr 4% less
Reliance Nippon Life Insurance Relationship Manager Salary 1 - 8 years exp. (10 salaries)	₹2.1 L/yr - ₹6 L/yr 6% less
Shriram Life Insurance Relationship Manager Salary 1 - 6 years exp. (10 salaries)	₹2.5 L/yr - ₹5 L/yr 15% less
Kotak Mahindara Life Insurance Relationship Manager Salary 0 - 6 years exp. (10 salaries)	₹3.2 L/yr - ₹4.6 L/yr 8% less	17 job openings
Login to view exact salary
Aditya Birla Sun Life Insurance Relationship Manager Salary 1 - 6 years exp. (7 salaries)	₹3 L/yr - ₹4.4 L/yr 5% less
HDFC Ergo General Insurance Relationship Manager Salary 4 - 5 years exp. (3 salaries)	₹2.5 L/yr - ₹4 L/yr 10% less
Reliance General Insurance Relationship Manager Salary 5 - 11 years exp. (3 salaries)	₹4.4 L/yr - ₹5.5 L/yr 14% more

Relationship Manager salary at Bajaj Allianz General Insurance ranges between ₹2.5 Lakhs to ₹6 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 14 latest salaries received from various employees of Bajaj Allianz General Insurance.

Latest annual salaries shared by Bajaj Allianz General Insurance Relationship Manager in Chennai

3w ago

₹4.8 Lakhs

3 years exp.

1mo ago

₹4.8 Lakhs

3 years exp.

2mo ago

₹6 Lakhs

8 years exp.

8mo ago

₹6 Lakhs

4 years exp.

9mo ago

₹3.2 Lakhs

6 years exp.

1y ago

6 years exp.

1y ago

3 years exp.

1y ago

6 years exp.

2y ago

3 years exp.

Experience wise Bajaj Allianz General Insurance Relationship Manager salaries in Chennai

Last Updated: 19 Mar 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
1 year (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
Login to view exact salary
2 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
3 years (4 salaries)	₹1.5 L/yr - ₹4.8 L/yr
4 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
6 years (3 salaries)	₹2.5 L/yr - ₹7.5 L/yr
7 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
8 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr

View all

Similar Designation salaries in Bajaj Allianz General Insurance

Sales Manager Salary

(35 salaries)

₹2.8 L/yr - ₹6.72 L/yr

Area Sales Manager Salary

(4 salaries)

₹9.2 L/yr - ₹11 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

5.0

Rated by 1 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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

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?

Got a question about Bajaj Allianz General Insurance?

Ask anonymously on communities.

Bajaj Allianz General Insurance Relationship Manager Salary FAQs

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

The average salary of a Relationship Manager at Bajaj Allianz General Insurance in Chennai typically ranges from ₹2.5 Lakhs to ₹6.0 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of Relationship Manager in Chennai at Bajaj Allianz General Insurance earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Relationship 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 Relationship Manager at Bajaj Allianz General Insurance in Chennai?

The estimated take-home salary of a Relationship Manager at Bajaj Allianz General Insurance in Chennai typically ranges from ₹29,831 to ₹31,148 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from Fresher to 8 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.

What are the key skills required to be a Relationship Manager at Bajaj Allianz General Insurance in Chennai?

To be a Relationship Manager at Bajaj Allianz General Insurance in Chennai, the key skills required include:

- Operations
- Recruitment
- Salesforce
- Relationship Management
- Private Banking

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 Relationship Manager in India?

Tata AIG	₹3.0 Lakhs to ₹6.9 Lakhs per year
Axis Max Life Insurance	₹2.2 Lakhs to ₹6.0 Lakhs per year
Reliance General Insurance	₹4.4 Lakhs to ₹5.5 Lakhs per year
ICICI Prudential Life Insurance	₹2.5 Lakhs to ₹7.5 Lakhs per year
ICICI Lombard General Insurance Company	₹3.0 Lakhs to ₹8.6 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 Relationship Manager in companies similar to Bajaj Allianz General Insurance in Chennai?

The salary of a Relationship Manager at companies similar to Bajaj Allianz General Insurance in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata AIA Life Insurance	₹2.5 Lakhs to ₹5.5 Lakhs per year
Canara HSBC Life Insurance	₹2.6 Lakhs to ₹4.2 Lakhs per year
Aditya Birla Sun Life Insurance	₹3.0 Lakhs to ₹4.4 Lakhs per year
Reliance Nippon Life Insurance	₹2.1 Lakhs to ₹6.0 Lakhs per year
Kotak Mahindara Life Insurance	₹3.2 Lakhs to ₹4.6 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 Relationship Manager at Bajaj Allianz General Insurance in Chennai?

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

Experience	Average Salary Range
Fresher	₹3.2 Lakhs to ₹4.0 Lakhs per year
1 year	₹3.3 Lakhs to ₹4.2 Lakhs per year
2 years	₹3.4 Lakhs to ₹4.3 Lakhs per year
3 years	₹1.5 Lakhs to ₹4.8 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Bajaj Allianz General Insurance Salaries >
Bajaj Allianz General Insurance Relationship Manager Salaries >
Bajaj Allianz General Insurance Relationship Manager Salaries in Chennai

Bajaj Allianz General Insurance Relationship Manager salary in Chennai ranges between ₹2.5 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 Bajaj Allianz General Insurance latest salaries received from various employees of Bajaj Allianz General Insurance.

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

Companies similar to Bajaj Allianz General Insurance for Relationship Manager in Chennai

Latest annual salaries shared by Bajaj Allianz General Insurance Relationship Manager in Chennai

Experience wise Bajaj Allianz General Insurance Relationship Manager salaries in Chennai

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.