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

Annual salary range
0 - 9 years exp.
₹2.1 Lakhs - ₹5.9 Lakhs
Salary of majority employees
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34% less than the average Relationship Manager Salary in Insurance Companies for 0 - 9 years of experience

Interested in this particular role? 62 job openings

Salaries in different departments

Sales & Business Development
Relationship Manager Salary
0 - 6 years exp. (11 salaries)
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₹2.5 L/yr - ₹4.5 L/yr

BFSI, Investments & Trading
Relationship Manager Salary
0 - 9 years exp. (6 salaries)
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₹2.1 L/yr - ₹5.9 L/yr

Marketing & Communication
Relationship Manager Salary
1 - 5 years exp. (6 salaries)
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₹2.5 L/yr - ₹5 L/yr

Customer Success, Service & Operations
Relationship Manager Salary
8 - 9 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

Finance & Accounting
Relationship Manager Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹4 L/yr

Last Updated: 18 Feb 2025

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

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Bajaj Allianz General Insurance Relationship Manager Salary

0 - 9 years exp. (30 salaries)

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₹2.1 L/yr - ₹5.9 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹2.5 L/yr - ₹8.3 L/yr

arrow icon 31% more
2 job openings
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₹2.4 L/yr - ₹4.8 L/yr

arrow icon 23% more
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₹4 L/yr - ₹6 L/yr

arrow icon 33% more
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Tata AIG Relationship Manager Salary

0 - 11 years exp. (97 salaries)

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₹2.3 L/yr - ₹7.1 L/yr

arrow icon 39% more
14 job openings
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₹2.3 L/yr - ₹4.9 L/yr

arrow icon 3% more
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₹2 L/yr - ₹5 L/yr

arrow icon 12% more
209 job openings
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PNB MetLife Relationship Manager Salary

0 - 9 years exp. (103 salaries)

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₹2.4 L/yr - ₹4.5 L/yr

arrow icon 3% more
165 job openings
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HDFC Life Relationship Manager Salary

0 - 9 years exp. (97 salaries)

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₹2 L/yr - ₹5 L/yr

arrow icon 1% less
2 job openings
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₹2.2 L/yr - ₹4.5 L/yr

arrow icon 8% more
1 job opening
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₹2.2 L/yr - ₹8 L/yr

arrow icon 35% more
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₹1.8 L/yr - ₹4.5 L/yr

arrow icon 2% less
17 job openings
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₹2.2 L/yr - ₹4 L/yr

arrow icon 4% less
49 job openings
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₹3 L/yr - ₹5.3 L/yr

arrow icon 16% more
8 job openings
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₹1.5 L/yr - ₹4.1 L/yr

arrow icon 3% less
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₹2 L/yr - ₹7 L/yr

arrow icon 34% more
6 job openings
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₹2.4 L/yr - ₹4.5 L/yr

arrow icon 3% more
5 job openings
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₹2.2 L/yr - ₹6 L/yr

arrow icon 8% more
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₹3 L/yr - ₹6.3 L/yr

arrow icon 15% more
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₹2 L/yr - ₹3.6 L/yr

arrow icon 2% less
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₹3 L/yr - ₹5.6 L/yr

arrow icon 7% more
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Relationship Manager salary at Bajaj Allianz General Insurance ranges between ₹2.1 Lakhs to ₹5.9 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 30 latest salaries received from various employees of Bajaj Allianz General Insurance.

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

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Experience wise Bajaj Allianz General Insurance Relationship Manager salaries in Mumbai

Last Updated: 18 Feb 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.3 L/yr
1 year  (10 salaries)

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₹2.5 L/yr - ₹5 L/yr
2 years  (4 salaries)

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₹2.5 L/yr - ₹3.5 L/yr
3 years (AmbitionBox Estimate)

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₹1.4 L/yr - ₹3.4 L/yr
4 years  (4 salaries)

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₹2.1 L/yr - ₹4.2 L/yr
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Similar Designation salaries in Bajaj Allianz General Insurance

Sales Manager Salary
(69 salaries)
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₹2.4 L/yr - ₹6.64 L/yr
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₹4.6 L/yr - ₹7 L/yr
Deputy Manager Salary
(8 salaries)
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₹9.5 L/yr - ₹14 L/yr
Branch Manager Salary
(3 salaries)
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₹5.5 L/yr - ₹7.25 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

3.3

Rated by 4 employees for salary & benefits

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.

read more
  • Skill development - Good
  • +4 more

Dislikes

There is no any negative thing in Bajaj Allianz General Insurance Co Ltd.

  • Job security - Poor

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

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Dislikes

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

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  • 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 .

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  • 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 ...

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  • Promotions - Poor

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.

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  • Work satisfaction - Poor
  • +1 more

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 .

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  • Salary - Bad
  • +1 more
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Bajaj Allianz General Insurance Relationship Manager Salary FAQs

What is the salary of Relationship Manager at Bajaj Allianz General Insurance Mumbai?
Relationship Manager salary at Bajaj Allianz General Insurance in Mumbai ranges between ₹2.1 Lakhs to ₹5.9 Lakhs for less than 1 year of experience to 9 years. According to our estimates it is 34% less than the average Relationship Manager Salary in India. Salary estimates are based on 30 latest salaries received from various employees of Bajaj Allianz General Insurance Mumbai.
How does the salary of a Relationship Manager at Bajaj Allianz General Insurance Mumbai compare with the average salary range for this job?
The average salary of a Relationship Manager at Bajaj Allianz General Insurance is 34% less than the average salary of a Relationship Manager in Mumbai. 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 Mumbai.
Which similar companies are paying more than Bajaj Allianz General Insurance to a Relationship Manager in Mumbai?
  • Tata AIG Relationship Manager Salary - ₹2.3 Lakhs to ₹7.1 Lakhs per year
  • Shriram Life Insurance Relationship Manager Salary - ₹4.5 Lakhs to ₹5.5 Lakhs per year
  • ICICI Prudential Life Insurance Relationship Manager Salary - ₹2.2 Lakhs to ₹8.0 Lakhs per year
  • Axis Max Life Insurance Relationship Manager Salary - ₹2.0 Lakhs to ₹7.0 Lakhs per year
  • Reliance General Insurance Relationship Manager Salary - ₹4.0 Lakhs to ₹6.0 Lakhs per year
What is the salary of a Relationship Manager in companies similar to Bajaj Allianz General Insurance in Mumbai?
  • ICICI Lombard General Insurance Company Relationship Manager Salary - ₹2.5 Lakhs to ₹8.3 Lakhs per year
  • SBI Life Insurance Company Relationship Manager Salary - ₹3.2 Lakhs to ₹5.0 Lakhs per year
  • HDFC Ergo General Insurance Relationship Manager Salary - ₹2.4 Lakhs to ₹4.8 Lakhs per year
  • Star Union Dai-ichi Life Insurance Relationship Manager Salary - ₹3.0 Lakhs to ₹5.3 Lakhs per year
  • SBI General Insurance Relationship Manager Salary - ₹3.0 Lakhs to ₹6.3 Lakhs per year
What is the estimated take home salary of a Relationship Manager at Bajaj Allianz General Insurance in Mumbai?
The estimated take-home salary of a Relationship Manager at Bajaj Allianz General Insurance ranges between ₹25,601 per month to ₹27,031 per month in Mumbai. The take-home salary calculation is based on the average Bajaj Allianz General Insurance Relationship Manager salary in India which ranges between ₹2.1 Lakhs to ₹5.9 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 in Mumbai?
According to AmbitionBox, 40% of the Bajaj Allianz General Insurance Relationship Managers in Mumbai reported a notice period of 1 Month, 35% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 20 responses on AmbitionBox in last 2 years.

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Bajaj Allianz General Insurance Relationship Manager salary in Mumbai ranges between ₹2.1 Lakhs to ₹5.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 30 Bajaj Allianz General Insurance latest salaries received from various employees of Bajaj Allianz General Insurance.