Bajaj Allianz General Insurance Mumbai Team Manager Salaries by 4 Employees

5 - 13 years exp.

₹3.3 Lakhs - ₹8.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

56% less than the average Team Manager Salary in Insurance Companies for 5 - 13 years of experience

Interested in this particular role?

Salaries in different departments

Customer Success, Service & Operations Team Manager Salary 7 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹5.5 L/yr
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Sales & Business Development Team Manager Salary 5 - 13 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹5 L/yr

Last Updated: 17 Jan 2024

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

Bajaj Allianz General Insurance Team Manager Salary

5 - 13 years exp. (4 salaries)

₹3.3 L/yr - ₹8.8 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Team Manager Salary 3 - 15 years exp. (11 salaries)	₹2.5 L/yr - ₹12.5 L/yr 2% more
HDFC Life Team Manager Salary 2 - 7 years exp. (9 salaries)	₹7.7 L/yr - ₹13.8 L/yr 14% more
Login to view exact salary
Gallagher Team Manager Salary 7 - 12 years exp. (6 salaries)	₹7 L/yr - ₹16 L/yr 26% more
SBI Life Insurance Company Team Manager Salary 4 - 16 years exp. (6 salaries)	₹7.5 L/yr - ₹15 L/yr 71% more
ICICI Prudential Life Insurance Team Manager Salary 2 - 8 years exp. (4 salaries)	₹5 L/yr - ₹15.6 L/yr 32% more

Team Manager salary at Bajaj Allianz General Insurance ranges between ₹3.3 Lakhs to ₹8.8 Lakhs per year for employees with experience between 5 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Allianz General Insurance.

Experience wise Bajaj Allianz General Insurance Team Manager salaries in Mumbai

Last Updated: 17 Jan 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr
6 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
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7 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
8 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
9 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.6 L/yr
10 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.9 L/yr
11 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr
12 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.4 L/yr
13 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.6 L/yr

View all

Similar Designation salaries in Bajaj Allianz General Insurance

Deputy Manager Salary

(9 salaries)

₹9.5 L/yr - ₹15 L/yr

Team Lead Salary

(8 salaries)

₹2.05 L/yr - ₹8.5 L/yr

Branch Manager Salary

(3 salaries)

₹5.5 L/yr - ₹7.25 L/yr

Top skills at Bajaj Allianz General Insurance for Team Manager

Web intelligence Supervision Mac Os Reliability Front Office Management Store Management IR Manpower Planning TSS Nozzle Orientation

Salary related reviews for Bajaj Allianz General Insurance

3.0

Rated by 1 employees for salary & benefits

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

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

Relationship Manager in Hyderabad / Secunderabad

BFSI, Investments & Trading Department

4.0

• posted on 13 Aug 2019

3.0

for Salary and Benefits

Likes

Excellent work atmosphere, One of the good brand, Employees benefits are paid on time, excellent service to customers , Excellent career growth.

Skill development - Good

+4 more

Dislikes

There is no any negative thing in Bajaj Allianz General Insurance Co Ltd.

Job security - Poor

Operations Manager in Patna

Finance Department

4.0

• posted on 03 Sep 2018

3.0

for Salary and Benefits

Likes

It was a wonderful experience working for this organization as I got the opportunity to learn new set of skills and a remarkable team to work with.I would like to thank my director for his continous support.Miss u all

Skill development - Good

+3 more

Dislikes

Expect the pay scale and limited growth opportunities ,there is nothing u can complain about.

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Bajaj Allianz General Insurance Team Manager Salary FAQs

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

The average salary of a Team Manager at Bajaj Allianz General Insurance in Mumbai typically ranges from ₹3.3 Lakhs to ₹8.8 Lakhs per year, depending on experience (from 5 years to 13 years).

The top 10% of Team Manager in Mumbai at Bajaj Allianz General Insurance earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Team 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 4 Bajaj Allianz General Insurance employees in India.

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

The estimated take-home salary of a Team Manager at Bajaj Allianz General Insurance in Mumbai typically ranges from ₹54,111 to ₹55,462 per month. This is based on the average salary range of ₹3.3 Lakhs to ₹8.8 Lakhs per year for employees with experience ranging from 5 years to 13 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 4 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 Team Manager at Bajaj Allianz General Insurance in Mumbai?

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

- Web intelligence
- Supervision
- Mac Os
- Reliability
- Front Office Management

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 Team Manager in India?

SBI Life Insurance Company	₹7.5 Lakhs to ₹15.0 Lakhs per year
ICICI Prudential Life Insurance	₹5.0 Lakhs to ₹15.6 Lakhs per year
Gallagher	₹7.0 Lakhs to ₹16.0 Lakhs per year
HDFC Life	₹7.7 Lakhs to ₹13.8 Lakhs per year
ICICI Lombard General Insurance Company	₹2.5 Lakhs to ₹12.5 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.

How the salary growth look like for a Team Manager at Bajaj Allianz General Insurance in Mumbai?

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

Experience	Average Salary Range
5 years	₹5.9 Lakhs to ₹7.6 Lakhs per year
6 years	₹6.1 Lakhs to ₹7.8 Lakhs per year
7 years	₹6.3 Lakhs to ₹8.1 Lakhs per year
8 years	₹6.5 Lakhs to ₹8.3 Lakhs per year

and so on.

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Bajaj Allianz General Insurance Team Manager Salaries in Mumbai

Bajaj Allianz General Insurance Team Manager salary in Mumbai ranges between ₹3.3 Lakhs to ₹8.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bajaj Allianz General Insurance latest salaries received from various employees of Bajaj Allianz General Insurance.