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Bajaj Allianz General Insurance Territory Manager salaries in India (Updated 2025)

Annual salary range
2 - 14 years exp.
₹2.6 Lakhs - ₹8 Lakhs
Salary of majority employees
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30% less than the average Territory Manager Salary in Insurance Companies for 2 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Territory Manager Salary
2 - 14 years exp. (112 salaries)
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₹2.6 L/yr - ₹8 L/yr

Sales & Business Development
Territory Manager Salary
2 - 14 years exp. (95 salaries)
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₹2.8 L/yr - ₹7 L/yr

Marketing & Communication
Territory Manager Salary
2 - 12 years exp. (28 salaries)
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₹3 L/yr - ₹6.5 L/yr

Customer Success, Service & Operations
Territory Manager Salary
4 - 14 years exp. (10 salaries)
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₹4.2 L/yr - ₹5.5 L/yr

Last Updated: 28 Feb 2025

Companies similar to Bajaj Allianz General Insurance for Territory Manager

Company name Avg Annual Salary Open Jobs
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₹5.6 L/yr - ₹14 L/yr

arrow icon 73% more
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₹4 L/yr - ₹10 L/yr

arrow icon 32% more
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₹6.5 L/yr - ₹13 L/yr

arrow icon 90% more
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Tata AIG Territory Manager Salary

3 - 8 years exp. (4 salaries)

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₹4.5 L/yr - ₹5.3 L/yr

arrow icon 5% less
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₹5.8 L/yr - ₹7.5 L/yr

arrow icon 29% more
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PNB MetLife Territory Manager Salary

3 - 17 years exp. (271 salaries)

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₹4.5 L/yr - ₹10.3 L/yr

arrow icon 41% more
5 job openings
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HDFC Life Territory Manager Salary

9 - 20 years exp. (229 salaries)

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₹10.9 L/yr - ₹21 L/yr

arrow icon 171% more
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₹3.7 L/yr - ₹8.5 L/yr

arrow icon 21% more
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₹4.9 L/yr - ₹11.1 L/yr

arrow icon 32% more
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₹4 L/yr - ₹12 L/yr

arrow icon 36% more
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₹4 L/yr - ₹7 L/yr

arrow icon 2% more
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₹5.5 L/yr - ₹10.5 L/yr

arrow icon 49% more
2 job openings
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₹5 L/yr - ₹12.2 L/yr

arrow icon 65% more
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₹7.2 L/yr - ₹17 L/yr

arrow icon 153% more
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Axis Max Life Insurance Territory Manager Salary

10 - 18 years exp. (39 salaries)

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₹7.5 L/yr - ₹19 L/yr

arrow icon 155% more
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₹4.5 L/yr - ₹8.1 L/yr

arrow icon 27% more
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₹6 L/yr - ₹9 L/yr

arrow icon 32% more
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₹3 L/yr - ₹7.2 L/yr

arrow icon 15% less
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₹5.5 L/yr - ₹6.2 L/yr

arrow icon 10% more
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SBI General Insurance Territory Manager Salary

16 - 20 years exp. (4 salaries)

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₹5.2 L/yr - ₹9.3 L/yr

arrow icon 18% more
Territory Manager salary at Bajaj Allianz General Insurance ranges between ₹2.6 Lakhs to ₹8 Lakhs per year for employees with experience between 2 years to 14 years. Salary estimates are based on 285 latest salaries received from various employees of Bajaj Allianz General Insurance.

Latest annual salaries shared by Bajaj Allianz General Insurance Territory Manager

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7 years exp.
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Experience wise Bajaj Allianz General Insurance Territory Manager salaries

Last Updated: 28 Feb 2025

Experience Avg Annual Salary
2 years  (14 salaries)

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₹2.8 L/yr - ₹5 L/yr
3 years  (33 salaries)

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₹2.6 L/yr - ₹5.4 L/yr
4 years  (32 salaries)

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₹2.6 L/yr - ₹6.3 L/yr
5 years  (33 salaries)

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₹2.8 L/yr - ₹6.6 L/yr
6 years  (25 salaries)

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₹3.1 L/yr - ₹6.6 L/yr
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Similar Designation salaries in Bajaj Allianz General Insurance

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₹2.6 L/yr - ₹6.5 L/yr
Deputy Manager Salary
(165 salaries)
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₹7.5 L/yr - ₹16 L/yr
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₹4.8 L/yr - ₹7.2 L/yr
Area Manager Salary
(16 salaries)
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₹5.15 L/yr - ₹18 L/yr
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₹4.2 L/yr - ₹5.8 L/yr
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₹2.85 L/yr - ₹12 L/yr
Sales Manager Salary
(469 salaries)
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₹1.8 L/yr - ₹6.75 L/yr
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₹3 L/yr - ₹9 L/yr
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₹1.65 L/yr - ₹6.3 L/yr
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₹1.8 L/yr - ₹6 L/yr

Top skills at Bajaj Allianz General Insurance for Territory Manager

Product Portfolio Relationship Insurance Specifications Retail Sales Strategy Customer Relationship Profitability Territory Management Customer Centric Dealing Sales territory Marketing channel
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Salary related reviews for Bajaj Allianz General Insurance

3.9

Rated by 113 employees for salary & benefits

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.

read more
  • 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

Sales & Business Development Department

2.0
  •  posted on 29 Dec 2019

2.0
 for  Salary and Benefits

Likes

...team membears. 3. job security I am not satisfied always cap letter is neck. 4.salary is good... 5.most of harm work-life balance is too bad you can not give your time Your family....

read more
  • Skill development - Good

Dislikes

HR Formelities is too bad. HR is very weak. joing to exit you have to fill all the things without any help. If you joined then Your frist salary come after 3 months. Work life balance , politics is too much between staff members.....

read more
  • Salary - Poor
  • +4 more

Sales & Business Development Department

5.0
  •  posted on 02 May 2019

5.0
 for  Salary and Benefits

Likes

...and everyone is aware of. Work culture is good. Teammates and boss are fabulous. Career growth is high salary and appraisal are also good. I have learnt many thing here in Bajaj Allianz. Work-life is perfectly balanced here

read more
  • Salary - Excellent
  • +6 more

Dislikes

There are no dislike till now

Sales & Business Development Department

4.0
  •  posted on 27 Oct 2018

5.0
 for  Salary and Benefits

Likes

Work life balance is very good, easy leaves, good salary, very transparent process.

read more
  • Salary - Excellent
  • +3 more

Dislikes

Very strict underwriting guidelines which makes it difficult to generate business, high incentive but so many criterias otherwise no incentive, targets keep on mounting every three months, reimbursement of expenses is difficult.

read more
  • Job security - Poor

Virtual Office Department

3.0
  •  posted on 09 Mar 2018

3.0
 for  Salary and Benefits

Likes

BAGIC Provides lot of quality products to customers. Salary for employee is gud but they dont give allowence & reimburse all things.

read more

Dislikes

Virtual Office department is very too worst there was no support for employee to do business ,dont expect business without company support. I was affected by this reason and ends this Job as Insecurity .

read more
  • Skill development - Poor
  • +3 more
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Bajaj Allianz General Insurance Territory Manager Salary FAQs

What is the salary of Territory Manager at Bajaj Allianz General Insurance?
Territory Manager salary at Bajaj Allianz General Insurance in India ranges between ₹2.6 Lakhs to ₹8.0 Lakhs for experience between 2 years to 14 years. According to our estimates it is 30% less than the average Territory Manager Salary in India. Salary estimates are based on 285 latest salaries received from various employees of Bajaj Allianz General Insurance India.
How does the salary of a Territory Manager at Bajaj Allianz General Insurance India compare with the average salary range for this job?
The average salary of a Territory Manager at Bajaj Allianz General Insurance is 30% less than the average salary of a Territory Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Territory Manager at Bajaj Allianz General Insurance?
Product Portfolio, Relationship, Insurance, Specifications and Retail are some of the popular skills required to work as a Territory Manager at Bajaj Allianz General Insurance India.
Which similar companies are paying more than Bajaj Allianz General Insurance to a Territory Manager in India?
  • HDFC Life Territory Manager Salary - ₹10.9 Lakhs to ₹21.0 Lakhs per year
  • Axis Max Life Insurance Territory Manager Salary - ₹7.5 Lakhs to ₹19.0 Lakhs per year
  • Star Health & Allied Insurance Territory Manager Salary - ₹7.2 Lakhs to ₹17.0 Lakhs per year
  • Reliance General Insurance Territory Manager Salary - ₹6.5 Lakhs to ₹13.0 Lakhs per year
  • ICICI Lombard General Insurance Company Territory Manager Salary - ₹5.6 Lakhs to ₹14.0 Lakhs per year
What is the salary of a Territory Manager in companies similar to Bajaj Allianz General Insurance in India?
  • Niva Bupa Health Insurance Company Territory Manager Salary - ₹5.0 Lakhs to ₹12.2 Lakhs per year
  • Tata AIA Life Insurance Territory Manager Salary - ₹5.5 Lakhs to ₹10.5 Lakhs per year
  • PNB MetLife Territory Manager Salary - ₹4.5 Lakhs to ₹10.3 Lakhs per year
  • Reliance Nippon Life Insurance Territory Manager Salary - ₹4.0 Lakhs to ₹12.0 Lakhs per year
  • HDFC Ergo General Insurance Territory Manager Salary - ₹4.0 Lakhs to ₹10.0 Lakhs per year
What is the estimated take home salary of a Territory Manager at Bajaj Allianz General Insurance in India?
The estimated take-home salary of a Territory Manager at Bajaj Allianz General Insurance ranges between ₹39,699 per month to ₹40,869 per month in India. The take-home salary calculation is based on the average Bajaj Allianz General Insurance Territory Manager salary in India which ranges between ₹2.6 Lakhs to ₹8.0 Lakhs per year for employees with experience between 2 years to 14 years. Check how did we calculate take home salary?
What is the notice period for Territory Manager at Bajaj Allianz General Insurance?
According to AmbitionBox, 48% of the Bajaj Allianz General Insurance Territory Managers reported a notice period of 3 Months, 28% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 175 responses on AmbitionBox in last 2 years.

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Bajaj Allianz General Insurance Territory Manager salary in India ranges between ₹2.6 Lakhs to ₹8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 285 Bajaj Allianz General Insurance latest salaries received from various employees of Bajaj Allianz General Insurance.

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