Bajaj Allianz General Insurance Senior Territory Manager Salaries by 10+ Employees (Updated 2025)

4 - 14 years exp.

₹4.8 Lakhs - ₹7.2 Lakhs

Salary of majority employees

28% less than the average Senior Territory Manager Salary in Insurance Companies for 4 - 14 years of experience

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Salaries in different departments

Marketing & Communication Senior Territory Manager Salary 6 - 13 years exp. (3 salaries)	₹5 L/yr - ₹7.2 L/yr
BFSI, Investments & Trading Senior Territory Manager Salary 4 - 14 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.3 L/yr
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Customer Success, Service & Operations Senior Territory Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹6.2 L/yr - ₹6.8 L/yr
Sales & Business Development Senior Territory Manager Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹7 L/yr

Last Updated: 24 May 2024

Companies similar to Bajaj Allianz General Insurance for Senior Territory Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Senior Territory Manager Salary 8 - 12 years exp. (4 salaries)	₹4.7 L/yr - ₹10.5 L/yr 9% more
Star Health & Allied Insurance Senior Territory Manager Salary 13 - 21 years exp. (8 salaries)	₹15.5 L/yr - ₹22 L/yr 170% more
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Bajaj Allianz Life Insurance Senior Territory Manager Salary 7 - 18 years exp. (121 salaries)	₹6.1 L/yr - ₹12.1 L/yr 30% more
Reliance Nippon Life Insurance Senior Territory Manager Salary 15 - 23 years exp. (91 salaries)	₹6.5 L/yr - ₹14 L/yr 76% more
PNB MetLife Senior Territory Manager Salary 8 - 18 years exp. (78 salaries)	₹7 L/yr - ₹13 L/yr 67% more
HDFC Life Senior Territory Manager Salary 6 - 15 years exp. (35 salaries)	₹4.2 L/yr - ₹16 L/yr 46% more
SBI Life Insurance Company Senior Territory Manager Salary 7 - 13 years exp. (20 salaries)	₹5.3 L/yr - ₹7 L/yr 3% more
Star Union Dai-ichi Life Insurance Senior Territory Manager Salary 5 - 16 years exp. (11 salaries)	₹6 L/yr - ₹11 L/yr 33% more
Canara HSBC Life Insurance Senior Territory Manager Salary 7 - 14 years exp. (6 salaries)	₹6 L/yr - ₹8.2 L/yr 16% more
Tata AIA Life Insurance Senior Territory Manager Salary 7 - 18 years exp. (5 salaries)	₹6.4 L/yr - ₹8 L/yr 19% more
Axis Max Life Insurance Senior Territory Manager Salary 5 - 17 years exp. (4 salaries)	₹3.7 L/yr - ₹16 L/yr 58% more
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Senior Territory Manager salary at Bajaj Allianz General Insurance ranges between ₹4.8 Lakhs to ₹7.2 Lakhs per year for employees with experience between 4 years to 14 years. Salary estimates are based on 12 latest salaries received from various employees of Bajaj Allianz General Insurance.

Experience wise Bajaj Allianz General Insurance Senior Territory Manager salaries

Last Updated: 24 May 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹11.1 L/yr
5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.8 L/yr
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6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹7.2 L/yr
7 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.5 L/yr
8 years (AmbitionBox Estimate)	₹6 L/yr - ₹11.1 L/yr
9 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹7 L/yr
10 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹11.1 L/yr
11 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹11.1 L/yr
12 years (AmbitionBox Estimate)	₹5 L/yr - ₹11.1 L/yr
13 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹11.1 L/yr
14 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.3 L/yr

View all

Similar Designation salaries in Bajaj Allianz General Insurance

Territory Manager Salary

(286 salaries)

₹2.6 L/yr - ₹7 L/yr

Senior Sales Manager Salary

(233 salaries)

₹3 L/yr - ₹9 L/yr

Senior Area Sales Manager Salary

(AmbitionBox Estimate)

₹8.6 L/yr - ₹11 L/yr

Regional Manager Salary

(8 salaries)

₹2.38 L/yr - ₹12.01 L/yr

Territory Sales Manager Salary

(34 salaries)

₹2.6 L/yr - ₹6.5 L/yr

Deputy Manager Salary

(165 salaries)

₹7.25 L/yr - ₹16 L/yr

Senior Sales Officer Salary

(7 salaries)

₹2.5 L/yr - ₹4.3 L/yr

Area Sales Manager Salary

(64 salaries)

₹3 L/yr - ₹12 L/yr

Area Manager Salary

(16 salaries)

₹5.15 L/yr - ₹18 L/yr

Cluster Manager Salary

(37 salaries)

₹4.21 L/yr - ₹16.5 L/yr

Salary related reviews for Bajaj Allianz General Insurance

4.3

Rated by 6 employees for salary & benefits

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

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 Officer in Kolkata

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.

Work satisfaction - Poor

+1 more

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

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1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Bajaj Allianz General Insurance Senior Territory Manager Salary FAQs

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

Senior Territory Manager salary at Bajaj Allianz General Insurance in India ranges between ₹4.8 Lakhs to ₹7.2 Lakhs for experience between 4 years to 14 years. According to our estimates it is 28% less than the average Senior Territory Manager Salary in India. Salary estimates are based on 12 latest salaries received from various employees of Bajaj Allianz General Insurance India.

How does the salary of a Senior Territory Manager at Bajaj Allianz General Insurance India compare with the average salary range for this job?

The average salary of a Senior Territory Manager at Bajaj Allianz General Insurance is 28% less than the average salary of a Senior Territory Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Bajaj Allianz General Insurance to a Senior Territory Manager in India?

Star Health & Allied Insurance Senior Territory Manager Salary - ₹15.5 Lakhs to ₹22.0 Lakhs per year
Reliance Nippon Life Insurance Senior Territory Manager Salary - ₹6.5 Lakhs to ₹14.0 Lakhs per year
PNB MetLife Senior Territory Manager Salary - ₹7.0 Lakhs to ₹13.0 Lakhs per year
Axis Max Life Insurance Senior Territory Manager Salary - ₹3.7 Lakhs to ₹16.0 Lakhs per year
HDFC Life Senior Territory Manager Salary - ₹4.2 Lakhs to ₹16.0 Lakhs per year

What is the salary of a Senior Territory Manager in companies similar to Bajaj Allianz General Insurance in India?

Star Union Dai-ichi Life Insurance Senior Territory Manager Salary - ₹6.0 Lakhs to ₹11.0 Lakhs per year
Bajaj Allianz Life Insurance Senior Territory Manager Salary - ₹6.1 Lakhs to ₹12.1 Lakhs per year
Tata AIA Life Insurance Senior Territory Manager Salary - ₹6.4 Lakhs to ₹8.0 Lakhs per year
Canara HSBC Life Insurance Senior Territory Manager Salary - ₹6.0 Lakhs to ₹8.2 Lakhs per year
ICICI Lombard General Insurance Company Senior Territory Manager Salary - ₹4.7 Lakhs to ₹10.5 Lakhs per year

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

The estimated take-home salary of a Senior Territory Manager at Bajaj Allianz General Insurance ranges between ₹46,943 per month to ₹48,055 per month in India. The take-home salary calculation is based on the average Bajaj Allianz General Insurance Senior Territory Manager salary in India which ranges between ₹4.8 Lakhs to ₹7.2 Lakhs per year for employees with experience between 4 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Senior Territory Manager at Bajaj Allianz General Insurance?

According to AmbitionBox, 43% of the Bajaj Allianz General Insurance Senior Territory Managers reported a notice period of 1 Month, 28% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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Bajaj Allianz General Insurance Senior Territory Manager Salaries by Location

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Bajaj Allianz General Insurance Senior Territory Manager Salaries

Bajaj Allianz General Insurance Senior Territory Manager salary in India ranges between ₹4.8 Lakhs to ₹7.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Bajaj Allianz General Insurance latest salaries received from various employees of Bajaj Allianz General Insurance.

Bajaj Allianz General Insurance Senior Territory Manager salaries in India

Companies similar to Bajaj Allianz General Insurance for Senior Territory Manager

Latest annual salaries shared by Bajaj Allianz General Insurance Senior Territory Manager

Experience wise Bajaj Allianz General Insurance Senior Territory Manager salaries

Similar Designation salaries in Bajaj Allianz General Insurance

Salary related reviews for Bajaj Allianz General Insurance

Senior Sales Manager in Agartala

Deputy Manager in Mumbai

Sales Manager in Bangalore / Bengaluru

Sales Officer in Kolkata

Sales Manager in Siiguri

Bajaj Allianz General Insurance Senior Territory Manager Salary FAQs

Tell us how to improve this page.

Bajaj Allianz General Insurance Senior Territory Manager Salaries by Location