Bajaj Allianz General Insurance State Manager Salaries by 6 Employees (Updated 2025)

4 - 10 years exp.

₹4.9 Lakhs - ₹6 Lakhs

Salary of majority employees

56% less than the average State Manager Salary in Insurance Companies for 4 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading State Manager Salary 4 - 7 years exp. (4 salaries)	₹5 L/yr - ₹6 L/yr
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Legal & Regulatory State Manager Salary 10 years exp. (AmbitionBox Estimate)	₹4.9 L/yr - ₹5.9 L/yr

Last Updated: 16 Mar 2023

Companies similar to Bajaj Allianz General Insurance for State Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company State Manager Salary 4 - 12 years exp. (4 salaries)	₹3.5 L/yr - ₹9 L/yr 31% more
SBI General Insurance State Manager Salary 0 - 19 years exp. (4 salaries)	₹9.7 L/yr - ₹15.5 L/yr 122% more
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ICICI Prudential Life Insurance State Manager Salary 2 - 24 years exp. (4 salaries)	₹8.3 L/yr - ₹34 L/yr 257% more
Aditya Birla Sun Life Insurance State Manager Salary 5 - 7 years exp. (4 salaries)	₹6 L/yr - ₹8 L/yr 42% more
Smith & Nephew Healthcare State Manager Salary 11 - 19 years exp. (24 salaries)	₹12.5 L/yr - ₹19 L/yr 229% more

State Manager salary at Bajaj Allianz General Insurance ranges between ₹4.9 Lakhs to ₹6 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 6 latest salaries received from various employees of Bajaj Allianz General Insurance.

Experience wise Bajaj Allianz General Insurance State Manager salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6 L/yr
5 years (AmbitionBox Estimate)	₹5 L/yr - ₹9.7 L/yr
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6 years (AmbitionBox Estimate)	₹5 L/yr - ₹9.6 L/yr
7 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹9.4 L/yr
8 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹5.9 L/yr
9 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹9.2 L/yr
10 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.4 L/yr

View all

Similar Designation salaries in Bajaj Allianz General Insurance

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Area Sales Manager Salary

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Sales Officer Salary

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Territory Manager Salary

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Salary related reviews for Bajaj Allianz General Insurance

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

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

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 .

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 ...

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.

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.

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 .

see more salary related reviews

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Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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Bajaj Allianz General Insurance State Manager Salary FAQs

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

State Manager salary at Bajaj Allianz General Insurance in India ranges between ₹4.9 Lakhs to ₹6.0 Lakhs for experience between 4 years to 10 years. According to our estimates it is 56% less than the average State Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Bajaj Allianz General Insurance India.

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

The average salary of a State Manager at Bajaj Allianz General Insurance is 56% less than the average salary of a State Manager in India. To know exact salary insights, login to view.

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

ICICI Prudential Life Insurance State Manager Salary - ₹8.3 Lakhs to ₹34.0 Lakhs per year
Smith & Nephew Healthcare State Manager Salary - ₹12.5 Lakhs to ₹19.0 Lakhs per year
SBI General Insurance State Manager Salary - ₹9.7 Lakhs to ₹15.5 Lakhs per year
Aditya Birla Sun Life Insurance State Manager Salary - ₹6.0 Lakhs to ₹8.0 Lakhs per year
ICICI Lombard General Insurance Company State Manager Salary - ₹3.5 Lakhs to ₹9.0 Lakhs per year

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

The estimated take-home salary of a State Manager at Bajaj Allianz General Insurance ranges between ₹39,531 per month to ₹40,703 per month in India. The take-home salary calculation is based on the average Bajaj Allianz General Insurance State Manager salary in India which ranges between ₹4.9 Lakhs to ₹6.0 Lakhs per year for employees with experience between 4 years to 10 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Bajaj Allianz General Insurance State Managers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Bajaj Allianz General Insurance State Manager Salaries

Bajaj Allianz General Insurance State Manager salary in India ranges between ₹4.9 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Bajaj Allianz General Insurance latest salaries received from various employees of Bajaj Allianz General Insurance.