Bajaj Allianz General Insurance Mumbai Sales Manager Salaries by 60+ Employees (Updated 2025)

0 - 11 years exp.

₹2.4 Lakhs - ₹6.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

33% less than the average Sales Manager Salary in Insurance Companies for 0 - 11 years of experience

Interested in this particular role? 72 job openings

Salaries in different departments

BFSI, Investments & Trading Sales Manager Salary 1 - 10 years exp. (28 salaries)	₹3.4 L/yr - ₹6.6 L/yr
Sales & Business Development Sales Manager Salary 1 - 11 years exp. (24 salaries)	₹2.6 L/yr - ₹6.6 L/yr
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Marketing & Communication Sales Manager Salary 3 years exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.5 L/yr

Last Updated: 10 Mar 2025

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

Bajaj Allianz General Insurance Sales Manager Salary

0 - 11 years exp. (67 salaries)

₹2.4 L/yr - ₹6.6 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Sales Manager Salary 0 - 9 years exp. (116 salaries)	₹3 L/yr - ₹10 L/yr 50% more	24 job openings
Reliance General Insurance Sales Manager Salary 0 - 14 years exp. (101 salaries)	₹2.5 L/yr - ₹7.8 L/yr 15% more	1 job opening
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ICICI Lombard General Insurance Company Sales Manager Salary 1 - 14 years exp. (93 salaries)	₹3.9 L/yr - ₹11.6 L/yr 45% more	1 job opening
HDFC Life Sales Manager Salary 0 - 10 years exp. (91 salaries)	₹2.2 L/yr - ₹7.5 L/yr 7% more	4 job openings
Kotak Mahindara Life Insurance Sales Manager Salary 0 - 10 years exp. (75 salaries)	₹2.6 L/yr - ₹5.8 L/yr 4% less	4 job openings
Axis Max Life Insurance Sales Manager Salary 0 - 9 years exp. (70 salaries)	₹2.8 L/yr - ₹6 L/yr 4% less	2 job openings
Aditya Birla Sun Life Insurance Sales Manager Salary 1 - 10 years exp. (42 salaries)	₹2.5 L/yr - ₹9.5 L/yr 48% more
Tata AIG Sales Manager Salary 2 - 15 years exp. (31 salaries)	₹2.5 L/yr - ₹10.5 L/yr 41% more
HDFC Ergo General Insurance Sales Manager Salary 1 - 8 years exp. (26 salaries)	₹3 L/yr - ₹6.5 L/yr 5% less
Reliance Nippon Life Insurance Sales Manager Salary 0 - 10 years exp. (20 salaries)	₹1.5 L/yr - ₹5 L/yr 30% less
Tata AIA Life Insurance Sales Manager Salary 5 - 10 years exp. (20 salaries)	₹3.5 L/yr - ₹7.9 L/yr 28% more	4 job openings
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Bajaj Allianz Life Insurance Sales Manager Salary 0 - 8 years exp. (19 salaries)	₹2.4 L/yr - ₹7 L/yr 23% less	18 job openings
Canara HSBC Life Insurance Sales Manager Salary 3 - 9 years exp. (10 salaries)	₹3 L/yr - ₹7.5 L/yr 12% more
PNB MetLife Sales Manager Salary 1 - 9 years exp. (4 salaries)	₹3 L/yr - ₹4 L/yr 17% less	1 job opening
Niva Bupa Health Insurance Company Sales Manager Salary 4 - 7 years exp. (4 salaries)	₹3.9 L/yr - ₹6.1 L/yr 3% less	2 job openings
Star Union Dai-ichi Life Insurance Sales Manager Salary 4 - 8 years exp. (3 salaries)	₹3.8 L/yr - ₹5.2 L/yr 8% less
SBI Life Insurance Company Sales Manager Salary 2 - 10 years exp. (3 salaries)	₹3.2 L/yr - ₹5.6 L/yr 18% less	1 job opening

Sales Manager salary at Bajaj Allianz General Insurance ranges between ₹2.4 Lakhs to ₹6.6 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 67 latest salaries received from various employees of Bajaj Allianz General Insurance.

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

4w ago

₹5 Lakhs

2 years exp.

1mo ago

₹4.6 Lakhs

4 years exp.

1mo ago

₹3.5 Lakhs

7 years exp.

2mo ago

₹4.8 Lakhs

4 years exp.

3mo ago

₹6 Lakhs

8 years exp.

3mo ago

11 years exp.

3mo ago

1 year exp.

4mo ago

8 years exp.

4mo ago

3 years exp.

5mo ago

5 years exp.

Experience wise Bajaj Allianz General Insurance Sales Manager salaries in Mumbai

Last Updated: 10 Mar 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
1 year (7 salaries)	₹2.5 L/yr - ₹5 L/yr
Login to view exact salary
2 years (9 salaries)	₹2.4 L/yr - ₹5 L/yr
3 years (5 salaries)	₹1.7 L/yr - ₹5.7 L/yr
4 years (9 salaries)	₹3.5 L/yr - ₹6 L/yr
5 years (8 salaries)	₹3.4 L/yr - ₹5.5 L/yr
6 years (3 salaries)	₹4 L/yr - ₹5.2 L/yr
7 years (8 salaries)	₹3.5 L/yr - ₹6 L/yr
8 years (6 salaries)	₹4.2 L/yr - ₹6.5 L/yr
9 years (7 salaries)	₹3.6 L/yr - ₹6 L/yr
10 years (3 salaries)	₹4.1 L/yr - ₹6.6 L/yr
11 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr

View all

Similar Designation salaries in Bajaj Allianz General Insurance

Senior Sales Manager Salary

(19 salaries)

₹3.8 L/yr - ₹8 L/yr

Sales Officer Salary

(18 salaries)

₹1.2 L/yr - ₹3.25 L/yr

Zonal Sales Manager Salary

(10 salaries)

₹9 L/yr - ₹16 L/yr

Deputy Manager Salary

(9 salaries)

₹9.5 L/yr - ₹15 L/yr

Branch Manager Salary

(3 salaries)

₹5.5 L/yr - ₹7.25 L/yr

Top skills at Bajaj Allianz General Insurance for Sales Manager

Sales Private Banking Relationship Management Relationship Management Salesforce Operations Servicing Bancassurance Customer Segmentation Penetration Testing Channel Sales Sales Management Retail Sales Claims Adjudication Sales Planning

Salary related reviews for Bajaj Allianz General Insurance

4.5

Rated by 7 employees for salary & benefits

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 Manager in Siiguri

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 .

Salary - Bad

+1 more

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

Senior Sales Manager in Agartala

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

Salary - Poor

+6 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

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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?

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Bajaj Allianz General Insurance Sales Manager Salary FAQs

What is the salary of Sales Manager at Bajaj Allianz General Insurance in Mumbai?

The average salary of a Sales Manager at Bajaj Allianz General Insurance in Mumbai typically ranges from ₹2.4 Lakhs to ₹6.6 Lakhs per year, depending on experience (from Fresher to 11 years).

The top 10% of Sales Manager in Mumbai at Bajaj Allianz General Insurance earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.6 Lakhs per year. Sales 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 60+ Bajaj Allianz General Insurance employees in India.

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

The estimated take-home salary of a Sales Manager at Bajaj Allianz General Insurance in Mumbai typically ranges from ₹34,555 to ₹35,801 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹6.6 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 60+ 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 Sales Manager at Bajaj Allianz General Insurance in Mumbai?

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

- Sales
- Private Banking
- Relationship Management
- Relationship Management
- Salesforce

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 Sales Manager in India?

ICICI Prudential Life Insurance	₹3.0 Lakhs to ₹10.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹2.5 Lakhs to ₹9.5 Lakhs per year
ICICI Lombard General Insurance Company	₹3.9 Lakhs to ₹11.6 Lakhs per year
Tata AIG	₹2.5 Lakhs to ₹10.5 Lakhs per year
Tata AIA Life Insurance	₹3.5 Lakhs to ₹7.9 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 Sales Manager in companies similar to Bajaj Allianz General Insurance in Mumbai?

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

Reliance General Insurance	₹2.5 Lakhs to ₹7.8 Lakhs per year
Canara HSBC Life Insurance	₹3.0 Lakhs to ₹7.5 Lakhs per year
HDFC Life	₹2.2 Lakhs to ₹7.5 Lakhs per year
Niva Bupa Health Insurance Company	₹3.9 Lakhs to ₹6.1 Lakhs per year
Kotak Mahindara Life Insurance	₹2.6 Lakhs to ₹5.8 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 Sales Manager at Bajaj Allianz General Insurance in Mumbai?

The salary growth for a Sales Manager at Bajaj Allianz General Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Sales Manager in Mumbai 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 ₹5.0 Lakhs per year
2 years	₹2.4 Lakhs to ₹5.0 Lakhs per year
3 years	₹1.7 Lakhs to ₹5.7 Lakhs per year

and so on.

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Bajaj Allianz General Insurance Sales Manager Salaries in Mumbai

Bajaj Allianz General Insurance Sales Manager salary in Mumbai ranges between ₹2.4 Lakhs to ₹6.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 67 Bajaj Allianz General Insurance latest salaries received from various employees of Bajaj Allianz General Insurance.

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

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

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

Experience wise Bajaj Allianz General Insurance Sales Manager salaries in Mumbai

Similar Designation salaries in Bajaj Allianz General Insurance

Top skills at Bajaj Allianz General Insurance for Sales Manager

Salary related reviews for Bajaj Allianz General Insurance

Sales Manager in Bangalore / Bengaluru

Sales Manager in Siiguri

Territory Manager in Kolkata

Senior Sales Manager in Agartala

Deputy Manager in Mumbai

Bajaj Allianz General Insurance Sales Manager Salary FAQs

Tell us how to improve this page.