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Bajaj Allianz General Insurance Senior Executive salaries in Mumbai (Updated 2025)

Annual salary range
1 - 11 years exp.
₹3.8 Lakhs - ₹6.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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At par with the average Senior Executive Salary in Insurance Companies for 1 - 11 years of experience

Interested in this particular role? 4 job openings

Salaries in different departments

Sales & Business Development
Senior Executive Salary
1 - 7 years exp. (10 salaries)
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₹3.8 L/yr - ₹6 L/yr

BFSI, Investments & Trading
Senior Executive Salary
2 - 6 years exp. (7 salaries)
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₹4 L/yr - ₹6.4 L/yr

Marketing & Communication
Senior Executive Salary
1 - 4 years exp. (AmbitionBox Estimate)
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₹4.2 L/yr - ₹5.5 L/yr

Data Science & Analytics
Senior Executive Salary
1 year exp. (AmbitionBox Estimate)
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₹5.4 L/yr - ₹6 L/yr

Finance & Accounting
Senior Executive Salary
5 years exp. (AmbitionBox Estimate)
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₹5.3 L/yr - ₹5.7 L/yr

Last Updated: 23 Mar 2025

Companies similar to Bajaj Allianz General Insurance for Senior Executive in Mumbai

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Bajaj Allianz General Insurance Senior Executive Salary

1 - 11 years exp. (30 salaries)

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₹3.8 L/yr - ₹6.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹2.2 L/yr - ₹5.6 L/yr

arrow icon 24% less
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Tata AIA Life Insurance Senior Executive Salary

3 - 11 years exp. (82 salaries)

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₹4 L/yr - ₹12 L/yr

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2 job openings
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PNB MetLife Senior Executive Salary

2 - 9 years exp. (43 salaries)

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₹2.6 L/yr - ₹6.3 L/yr

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HDFC Life Senior Executive Salary

0 - 10 years exp. (40 salaries)

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₹2.1 L/yr - ₹4.9 L/yr

arrow icon 35% less
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SBI General Insurance Senior Executive Salary

4 - 11 years exp. (28 salaries)

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₹3.1 L/yr - ₹6 L/yr

arrow icon 10% less
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₹2.7 L/yr - ₹6.6 L/yr

arrow icon 17% less
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₹3.5 L/yr - ₹5.7 L/yr

arrow icon 13% less
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₹2 L/yr - ₹4.1 L/yr

arrow icon 37% less
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₹2 L/yr - ₹4.2 L/yr

arrow icon 42% less
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₹3 L/yr - ₹5.3 L/yr

arrow icon 25% less
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₹3.1 L/yr - ₹4.6 L/yr

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Tata AIG Senior Executive Salary

4 - 8 years exp. (8 salaries)

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₹2.9 L/yr - ₹7 L/yr

arrow icon 22% less
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₹3 L/yr - ₹3.9 L/yr

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₹3.5 L/yr - ₹5.5 L/yr

arrow icon 12% less
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₹3.6 L/yr - ₹5.4 L/yr

arrow icon 29% less
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₹3 L/yr - ₹3.5 L/yr

arrow icon 41% less
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₹4 L/yr - ₹5.5 L/yr

arrow icon 5% less
Senior Executive salary at Bajaj Allianz General Insurance ranges between ₹3.8 Lakhs to ₹6.5 Lakhs per year for employees with experience between 1 year to 11 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 Senior Executive in Mumbai

2w ago
₹6 Lakhs
1 year exp.
2w ago
₹6 Lakhs
2 years exp.
3w ago
₹5.4 Lakhs
5 years exp.
5mo ago
₹5.1 Lakhs
7 years exp.
5mo ago
₹6.4 Lakhs
6 years exp.
5mo ago
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11 years exp.
9mo ago
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5 years exp.
1y ago
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6 years exp.
1y ago
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7 years exp.
1y ago
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5 years exp.

Experience wise Bajaj Allianz General Insurance Senior Executive salaries in Mumbai

Last Updated: 23 Mar 2025

Experience Avg Annual Salary
1 year  (4 salaries)

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₹5.3 L/yr - ₹6 L/yr
2 years (AmbitionBox Estimate)

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₹4.9 L/yr - ₹6.2 L/yr
3 years (AmbitionBox Estimate)

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₹4.9 L/yr - ₹6.3 L/yr
4 years (AmbitionBox Estimate)

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₹4.9 L/yr - ₹6.3 L/yr
5 years  (9 salaries)

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₹3.8 L/yr - ₹6.4 L/yr
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Similar Designation salaries in Bajaj Allianz General Insurance

Deputy Manager Salary
(9 salaries)
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₹9.5 L/yr - ₹15 L/yr
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₹6 L/yr - ₹8.6 L/yr

Top skills at Bajaj Allianz General Insurance for Senior Executive

Claims Adjudication Claims Executive Management CCTV Monitoring Claims Processing

Salary related reviews for Bajaj Allianz General Insurance

3.6

Rated by 6 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 16 Mar 2023

2.0
 for  Salary and Benefits

Likes

Nothing i like about this company

  • Job security - Good

Dislikes

...ance, the mangers call you at any time and also ask you to work during weekends. No good salary and promotion is also not good. My manager is in Bajaj Allianz for 10 years and he earns only 9-11 lakhs per month. Same is the case with my colleague. He worked for 6 years and is still the assistant manager.

read more
  • Salary - Poor
  • +4 more

Finance & Accounting Department

5.0
  •  posted on 14 Jun 2022

5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year. and It's rewards scheme is excellent.

read more
  • Salary - Excellent
  • +4 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is not adequate and career growth is slow.

read more
  • Promotions - Bad

Sales & Business Development Department

2.0
  •  posted on 28 Apr 2022

2.0
 for  Salary and Benefits

Likes

I joined bagic back in 2018 as a executive trainee and thereafter got promoted as a senior executive.. belive me life was hectic at bagic.. there is no job security at all ..as you get daily job fire dhamaki from seniors and Galiya as well.. Upper management is worst.. if anyone joining.. then pls change plan and don't waste time..no growth is there. Your work start at 8.30 and finishes at 9 pm sometimes 11 pm. No holiday No extra benifit. Worst company to work

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  • Skill development - Excellent

Dislikes

Politics at high level.. Salary as you get 1000 rs. Increment per year even if you sell tea you can earn 50k per month..waste of time and energy

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  • Salary - Poor
  • +4 more

Full Time

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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

Full Time

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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.

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  • 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
see more salary related reviews

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Bajaj Allianz General Insurance Senior Executive Salary FAQs

What is the salary of Senior Executive at Bajaj Allianz General Insurance in Mumbai?
The average salary of a Senior Executive at Bajaj Allianz General Insurance in Mumbai typically ranges from ₹3.8 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 1 year to 11 years).

The top 10% of Senior Executive in Mumbai at Bajaj Allianz General Insurance earn more than ₹6.2 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Senior Executive 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 30+ Bajaj Allianz General Insurance employees in India.
What is the estimated take home salary of a Senior Executive at Bajaj Allianz General Insurance in Mumbai?
The estimated take-home salary of a Senior Executive at Bajaj Allianz General Insurance in Mumbai typically ranges from ₹41,823 to ₹42,961 per month. This is based on the average salary range of ₹3.8 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from 1 year 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 30+ 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 Senior Executive at Bajaj Allianz General Insurance in Mumbai?
To be a Senior Executive at Bajaj Allianz General Insurance in Mumbai, the key skills required include:

  • - Claims Adjudication
  • - Claims
  • - Executive Management
  • - CCTV Monitoring
  • - Claims Processing

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 Senior Executive in India?
Tata AIA Life Insurance ₹4.0 Lakhs to ₹12.0 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 Executive in companies similar to Bajaj Allianz General Insurance in Mumbai?
The salary of a Senior Executive 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:

Canara HSBC Life Insurance ₹4.0 Lakhs to ₹5.5 Lakhs per year
SBI General Insurance ₹3.1 Lakhs to ₹6.0 Lakhs per year
Bajaj Allianz Life Insurance ₹3.5 Lakhs to ₹5.5 Lakhs per year
SBI Life Insurance Company ₹3.5 Lakhs to ₹5.7 Lakhs per year
ICICI Lombard General Insurance Company ₹2.7 Lakhs to ₹6.6 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 Senior Executive at Bajaj Allianz General Insurance in Mumbai?
The salary growth for a Senior Executive at Bajaj Allianz General Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Senior Executive in Mumbai can expect the following growth trajectory at Bajaj Allianz General Insurance:

Experience Average Salary Range
1 year ₹5.3 Lakhs to ₹6.0 Lakhs per year
2 years ₹4.9 Lakhs to ₹6.2 Lakhs per year
3 years ₹4.9 Lakhs to ₹6.3 Lakhs per year
4 years ₹4.9 Lakhs to ₹6.3 Lakhs per year
and so on.

Tell us how to improve this page.

Bajaj Allianz General Insurance Senior Executive salary in Mumbai ranges between ₹3.8 Lakhs to ₹6.5 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.