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

Annual salary range
0 - 9 years exp.
₹2.4 Lakhs - ₹6.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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

Interested in this particular role? 23 job openings

Salaries in different departments

Sales & Business Development
Relationship Manager Salary
1 - 7 years exp. (8 salaries)
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₹2.5 L/yr - ₹6 L/yr

BFSI, Investments & Trading
Relationship Manager Salary
4 - 9 years exp. (6 salaries)
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₹3.5 L/yr - ₹6.5 L/yr

Customer Success, Service & Operations
Relationship Manager Salary
1 - 5 years exp. (3 salaries)
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₹3.6 L/yr - ₹5.6 L/yr

Marketing & Communication
Relationship Manager Salary
2 years exp. (AmbitionBox Estimate)
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₹2.4 L/yr - ₹5 L/yr

Last Updated: 20 Mar 2025

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

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Bajaj Allianz General Insurance Relationship Manager Salary

0 - 9 years exp. (25 salaries)

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₹2.4 L/yr - ₹6.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹1.8 L/yr - ₹4.9 L/yr

arrow icon 22% less
24 job openings
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₹2.4 L/yr - ₹5 L/yr

arrow icon 5% less
38 job openings
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HDFC Life Relationship Manager Salary

0 - 6 years exp. (65 salaries)

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₹1.8 L/yr - ₹4.7 L/yr

arrow icon 17% less
6 job openings
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Tata AIG Relationship Manager Salary

0 - 10 years exp. (64 salaries)

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₹2.5 L/yr - ₹7.5 L/yr

arrow icon 18% more
10 job openings
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₹3.6 L/yr - ₹7 L/yr

arrow icon 13% more
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₹2.8 L/yr - ₹6.4 L/yr

arrow icon 13% more
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₹2.6 L/yr - ₹4.5 L/yr

arrow icon 14% less
2 job openings
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₹1.1 L/yr - ₹6.8 L/yr

arrow icon 18% more
2 job openings
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₹2.2 L/yr - ₹4 L/yr

arrow icon 13% less
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₹2.5 L/yr - ₹6.5 L/yr

arrow icon 10% less
17 job openings
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₹2.2 L/yr - ₹4.5 L/yr

arrow icon 13% less
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₹3 L/yr - ₹5.1 L/yr

arrow icon 6% more
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₹3 L/yr - ₹4.4 L/yr

arrow icon 5% less
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₹4.2 L/yr - ₹6.6 L/yr

arrow icon 11% more
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₹3.1 L/yr - ₹5 L/yr

arrow icon 8% less
Relationship Manager salary at Bajaj Allianz General Insurance ranges between ₹2.4 Lakhs to ₹6.5 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 25 latest salaries received from various employees of Bajaj Allianz General Insurance.

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

2w ago
₹3.6 Lakhs
2 years exp.
3w ago
₹6.3 Lakhs
7 years exp.
2mo ago
₹5.6 Lakhs
5 years exp.
3mo ago
₹6 Lakhs
1 year exp.
3mo ago
₹4.4 Lakhs
3 years exp.
5mo ago
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1 year exp.
6mo ago
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5 years exp.
6mo ago
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7 years exp.
6mo ago
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9 years exp.
8mo ago
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1 year exp.

Experience wise Bajaj Allianz General Insurance Relationship Manager salaries in Pune

Last Updated: 20 Mar 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.3 L/yr
1 year  (6 salaries)

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₹2.5 L/yr - ₹6 L/yr
2 years  (3 salaries)

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₹2.4 L/yr - ₹5 L/yr
3 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.7 L/yr
4 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹4.8 L/yr
View all

Similar Designation salaries in Bajaj Allianz General Insurance

Deputy Manager Salary
(92 salaries)
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₹8.2 L/yr - ₹16 L/yr
Sales Manager Salary
(51 salaries)
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₹1.8 L/yr - ₹6.51 L/yr
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₹3.9 L/yr - ₹6.7 L/yr
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₹4.5 L/yr - ₹8 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

3.4

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

 · 

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.

read more
  • 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

read more
  • Job security - Bad
  • +3 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

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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.

read more
  • Work satisfaction - Poor
  • +1 more
see more salary related reviews

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Bajaj Allianz General Insurance Relationship Manager Salary FAQs

What is the salary of Relationship Manager at Bajaj Allianz General Insurance in Pune?
The average salary of a Relationship Manager at Bajaj Allianz General Insurance in Pune typically ranges from ₹2.4 Lakhs to ₹6.5 Lakhs per year, depending on experience (from Fresher to 9 years).

The top 10% of Relationship Manager in Pune at Bajaj Allianz General Insurance earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.5 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 20+ Bajaj Allianz General Insurance employees in India.
What is the estimated take home salary of a Relationship Manager at Bajaj Allianz General Insurance in Pune?
The estimated take-home salary of a Relationship Manager at Bajaj Allianz General Insurance in Pune typically ranges from ₹31,576 to ₹32,866 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from Fresher to 9 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 20+ 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 Pune?
To be a Relationship Manager at Bajaj Allianz General Insurance in Pune, 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?
Axis Max Life Insurance ₹1.1 Lakhs to ₹6.8 Lakhs per year
Tata AIG ₹2.5 Lakhs to ₹7.5 Lakhs per year
ICICI Lombard General Insurance Company ₹2.8 Lakhs to ₹6.4 Lakhs per year
ICICI Prudential Life Insurance ₹3.6 Lakhs to ₹7.0 Lakhs per year
Reliance General Insurance ₹4.2 Lakhs to ₹6.6 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 Pune?
The salary of a Relationship Manager at companies similar to Bajaj Allianz General Insurance in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Shriram Life Insurance ₹3.0 Lakhs to ₹5.1 Lakhs per year
Canara HSBC Life Insurance ₹3.0 Lakhs to ₹4.4 Lakhs per year
Tata AIA Life Insurance ₹2.4 Lakhs to ₹5.0 Lakhs per year
HDFC Ergo General Insurance ₹3.1 Lakhs to ₹5.0 Lakhs per year
Kotak Mahindara Life Insurance ₹2.5 Lakhs to ₹6.5 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 Pune?
The salary growth for a Relationship Manager at Bajaj Allianz General Insurance in Pune depends on factors such as experience, performance, and promotions. On average, a Relationship Manager in Pune can expect the following growth trajectory at Bajaj Allianz General Insurance:

Experience Average Salary Range
Fresher ₹3.4 Lakhs to ₹4.3 Lakhs per year
1 year ₹2.5 Lakhs to ₹6.0 Lakhs per year
2 years ₹2.4 Lakhs to ₹5.0 Lakhs per year
3 years ₹3.6 Lakhs to ₹4.7 Lakhs per year
and so on.

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Bajaj Allianz General Insurance Relationship Manager salary in Pune ranges between ₹2.4 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 25 Bajaj Allianz General Insurance latest salaries received from various employees of Bajaj Allianz General Insurance.