Bajaj Allianz General Insurance Senior Associate Salaries by 5 Employees (Updated 2025)

3 - 10 years exp.

₹2.4 Lakhs - ₹6 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

59% less than the average Senior Associate Salary in Insurance Companies for 3 - 10 years of experience

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Salaries in different departments

Customer Success, Service & Operations Senior Associate Salary 3 - 10 years exp. (3 salaries)	₹2.4 L/yr - ₹4 L/yr
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BFSI, Investments & Trading Senior Associate Salary 10 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.7 L/yr

Last Updated: 8 Mar 2025

Companies similar to Bajaj Allianz General Insurance for Senior Associate

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Allstate Senior Associate Salary 2 - 7 years exp. (915 salaries)	₹2.9 L/yr - ₹8.5 L/yr 25% more
HDFC Life Senior Associate Salary 0 - 9 years exp. (771 salaries)	₹1.1 L/yr - ₹4.6 L/yr 15% less	5 job openings
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SBI Life Insurance Company Senior Associate Salary 0 - 11 years exp. (539 salaries)	₹2.3 L/yr - ₹6.8 L/yr 6% more
ICICI Prudential Life Insurance Senior Associate Salary 1 - 9 years exp. (301 salaries)	₹2.4 L/yr - ₹5.5 L/yr 8% more
First American Corporation Senior Associate Salary 2 - 9 years exp. (221 salaries)	₹1.8 L/yr - ₹5.4 L/yr 9% less	1 job opening
HDFC Ergo General Insurance Senior Associate Salary 1 - 7 years exp. (91 salaries)	₹3 L/yr - ₹6 L/yr 1% less
Canara HSBC Life Insurance Senior Associate Salary 1 - 10 years exp. (82 salaries)	₹2.7 L/yr - ₹6 L/yr 10% more
Star Union Dai-ichi Life Insurance Senior Associate Salary 1 - 9 years exp. (71 salaries)	₹2.9 L/yr - ₹5.4 L/yr 9% more
Gallagher Senior Associate Salary 3 - 8 years exp. (60 salaries)	₹2.6 L/yr - ₹8.5 L/yr 31% more
Axis Max Life Insurance Senior Associate Salary 2 - 5 years exp. (21 salaries)	₹2.1 L/yr - ₹5 L/yr 8% less	1 job opening
Shriram Life Insurance Senior Associate Salary 1 - 7 years exp. (14 salaries)	₹2.4 L/yr - ₹3.2 L/yr 29% less
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ICICI Lombard General Insurance Company Senior Associate Salary 4 - 10 years exp. (13 salaries)	₹3 L/yr - ₹6.5 L/yr 19% more
Bajaj Allianz Life Insurance Senior Associate Salary 0 - 6 years exp. (9 salaries)	₹3 L/yr - ₹5.5 L/yr At par
Aditya Birla Sun Life Insurance Senior Associate Salary 1 - 5 years exp. (7 salaries)	₹2 L/yr - ₹6 L/yr 6% more
Reliance Nippon Life Insurance Senior Associate Salary 2 - 6 years exp. (6 salaries)	₹1.8 L/yr - ₹2.8 L/yr 39% less
PNB MetLife Senior Associate Salary 2 - 10 years exp. (6 salaries)	₹1.9 L/yr - ₹4.5 L/yr 16% less
AXA Senior Associate Salary 1 - 5 years exp. (6 salaries)	₹2.8 L/yr - ₹7.7 L/yr 12% more
SBI General Insurance Senior Associate Salary 0 - 7 years exp. (5 salaries)	₹2.7 L/yr - ₹7.5 L/yr 23% more
Tata AIG Senior Associate Salary 0 - 3 years exp. (5 salaries)	₹2.1 L/yr - ₹14.2 L/yr 97% more
Reliance General Insurance Senior Associate Salary 5 - 6 years exp. (5 salaries)	₹3.2 L/yr - ₹7 L/yr 18% more

View all

Senior Associate salary at Bajaj Allianz General Insurance ranges between ₹2.4 Lakhs to ₹6 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of Bajaj Allianz General Insurance.

Experience wise Bajaj Allianz General Insurance Senior Associate salaries

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr
4 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
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5 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
7 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
8 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
9 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr
10 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr

View all

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Salary related reviews for Bajaj Allianz General Insurance

1.5

Rated by 2 employees for salary & benefits

Team Lead in Navi Mumbai

BFSI, Investments & Trading Department

5.0

• posted on 13 Dec 2020

5.0

for Salary and Benefits

Likes

Worked in Bajaj Allianz since last 5 years and defenitely I have excellent learning experience in this company. Job security is good even in COVID we were getting our full paymet in every month . Good bonus , leaves and most important is best team mates I have ever work with. Working with such team mates was never boring. Best experience

Salary - Excellent

+5 more

Dislikes

Less salary and increment for offroll people. Best benefits for onroll people's. If we want growth in this company then we should be on onroll position rest all is good

Promotions - 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

Junior Executive in Pune

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 10 Feb 2025

5.0

for Salary and Benefits

Likes

Company environment, salary, also other department very supportive, friendly environment also all festival are celebrated there.

Salary - Excellent

+6 more

Dislikes

Hr not taking action against loyal or hardworking peoples when they was complaining against the exact issue.. they just ignore employees complaint because of management.

Back Office Executive in Kolkata

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 06 Jan 2025

4.0

for Salary and Benefits

Likes

Several opportunities and with in time salary for each and everyone.

Salary - Good

+3 more

Dislikes

Worst work life balance that I ever seen and experienced in bajaj motor claim department. And for me that's the main thing for a human being.

Work-life balance - Bad

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

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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 Senior Associate Salary FAQs

What is the salary of Senior Associate at Bajaj Allianz General Insurance ?

The average salary of a Senior Associate at Bajaj Allianz General Insurance in India typically ranges from ₹2.4 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 3 years to 10 years).

The top 10% of Senior Associate at Bajaj Allianz General Insurance earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Senior Associate 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 5 Bajaj Allianz General Insurance employees in India.

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

The estimated take-home salary of a Senior Associate at Bajaj Allianz General Insurance in India typically ranges from ₹29,154 to ₹30,531 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 3 years to 10 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 5 salaries received from various employees of Bajaj Allianz General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Bajaj Allianz General Insurance for Senior Associate in India?

The New India Assurance Co.	₹5.2 Lakhs to ₹12.0 Lakhs per year
Tata AIG	₹2.1 Lakhs to ₹14.2 Lakhs per year
Gallagher	₹2.6 Lakhs to ₹8.5 Lakhs per year
Tata AIA Life Insurance	₹3.5 Lakhs to ₹7.0 Lakhs per year
Allstate	₹2.9 Lakhs to ₹8.5 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 Senior Associate in companies similar to Bajaj Allianz General Insurance in India?

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

SBI General Insurance	₹2.7 Lakhs to ₹7.5 Lakhs per year
United India Insurance Company	₹4.0 Lakhs to ₹6.5 Lakhs per year
ICICI Lombard General Insurance Company	₹3.0 Lakhs to ₹6.5 Lakhs per year
Reliance General Insurance	₹3.2 Lakhs to ₹7.0 Lakhs per year
AXA	₹2.8 Lakhs to ₹7.7 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 Senior Associate at Bajaj Allianz General Insurance in India?

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

Experience	Average Salary Range
3 years	₹3.3 Lakhs to ₹4.3 Lakhs per year
4 years	₹3.4 Lakhs to ₹4.3 Lakhs per year
5 years	₹3.5 Lakhs to ₹4.4 Lakhs per year
6 years	₹3.5 Lakhs to ₹4.5 Lakhs per year

and so on.

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Bajaj Allianz General Insurance Senior Associate Salaries

Bajaj Allianz General Insurance Senior Associate salary in India ranges between ₹2.4 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Bajaj Allianz General Insurance latest salaries received from various employees of Bajaj Allianz General Insurance.