Bajaj Allianz General Insurance Chennai Territory Manager Salaries by 8 Employees (Updated 2025)

3 - 13 years exp.

₹2.7 Lakhs - ₹6.2 Lakhs

Salary of majority employees

34% less than the average Territory Manager Salary in Insurance Companies for 3 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Territory Manager Salary 3 - 13 years exp. (4 salaries)	₹2.7 L/yr - ₹5.6 L/yr
Marketing & Communication Territory Manager Salary 12 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹6 L/yr
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Sales & Business Development Territory Manager Salary 12 years exp. (AmbitionBox Estimate)	₹5.5 L/yr - ₹6.3 L/yr

Last Updated: 28 Jun 2024

Companies similar to Bajaj Allianz General Insurance for Territory Manager in Chennai

Bajaj Allianz General Insurance Territory Manager Salary

3 - 13 years exp. (8 salaries)

₹2.7 L/yr - ₹6.2 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Territory Manager Salary 9 - 18 years exp. (14 salaries)	₹10.9 L/yr - ₹17 L/yr 173% more
Star Union Dai-ichi Life Insurance Territory Manager Salary 9 - 13 years exp. (7 salaries)	₹6.6 L/yr - ₹10 L/yr 37% more
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Bajaj Allianz Life Insurance Territory Manager Salary 5 - 18 years exp. (7 salaries)	₹6 L/yr - ₹10.6 L/yr 20% more
Reliance Nippon Life Insurance Territory Manager Salary 6 - 16 years exp. (6 salaries)	₹4.5 L/yr - ₹9 L/yr 22% more
Tata AIA Life Insurance Territory Manager Salary 7 - 11 years exp. (5 salaries)	₹6 L/yr - ₹7.9 L/yr 45% more	2 job openings

Territory Manager salary at Bajaj Allianz General Insurance ranges between ₹2.7 Lakhs to ₹6.2 Lakhs per year for employees with experience between 3 years to 13 years. Salary estimates are based on 8 latest salaries received from various employees of Bajaj Allianz General Insurance.

Experience wise Bajaj Allianz General Insurance Territory Manager salaries in Chennai

Last Updated: 28 Jun 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹8.5 L/yr
4 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
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5 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
6 years (AmbitionBox Estimate)	₹2 L/yr - ₹6.2 L/yr
7 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹9.3 L/yr
8 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
9 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹9.6 L/yr
10 years (AmbitionBox Estimate)	₹4 L/yr - ₹9.8 L/yr
11 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
12 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹6 L/yr
13 years (AmbitionBox Estimate)	₹5 L/yr - ₹10.4 L/yr

View all

Similar Designation salaries in Bajaj Allianz General Insurance

Sales Manager Salary

(36 salaries)

₹2.8 L/yr - ₹6.72 L/yr

Relationship Manager Salary

(13 salaries)

₹2.5 L/yr - ₹6 L/yr

Senior Sales Manager Salary

(3 salaries)

₹4.1 L/yr - ₹6.5 L/yr

Area Sales Manager Salary

(3 salaries)

₹6.99 L/yr - ₹11 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

Salary related reviews for Bajaj Allianz General Insurance

4.0

Rated by 3 employees for salary & benefits

Territory Manager in Etah

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....

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.....

Salary - Poor

+4 more

Territory Manager in Guwahati

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

Salary - Excellent

+6 more

Dislikes

There are no dislike till now

Territory Manager

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.

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.

Job security - Poor

Territory Manager in Madurai

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.

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 .

Skill development - Poor

+3 more

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

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2w (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 Territory Manager Salary FAQs

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

Territory Manager salary at Bajaj Allianz General Insurance in Chennai ranges between ₹2.7 Lakhs to ₹6.2 Lakhs for experience between 3 years to 13 years. According to our estimates it is 34% less than the average Territory Manager Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Bajaj Allianz General Insurance Chennai.

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

The average salary of a Territory Manager at Bajaj Allianz General Insurance is 34% less than the average salary of a Territory Manager in Chennai. 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 Chennai.

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

HDFC Life Territory Manager Salary - ₹10.9 Lakhs to ₹17.0 Lakhs per year
Tata AIA Life Insurance Territory Manager Salary - ₹6.0 Lakhs to ₹7.9 Lakhs per year
Star Union Dai-ichi Life Insurance Territory Manager Salary - ₹6.6 Lakhs to ₹10.0 Lakhs per year
Reliance Nippon Life Insurance Territory Manager Salary - ₹4.5 Lakhs to ₹9.0 Lakhs per year
Bajaj Allianz Life Insurance Territory Manager Salary - ₹6.0 Lakhs to ₹10.6 Lakhs per year

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

The estimated take-home salary of a Territory Manager at Bajaj Allianz General Insurance ranges between ₹39,606 per month to ₹40,777 per month in Chennai. The take-home salary calculation is based on the average Bajaj Allianz General Insurance Territory Manager salary in India which ranges between ₹2.7 Lakhs to ₹6.2 Lakhs per year for employees with experience between 3 years to 13 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the Bajaj Allianz General Insurance Territory Managers in Chennai reported a notice period of 3 Months, 25% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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Bajaj Allianz General Insurance Territory Manager Salaries in Chennai

Bajaj Allianz General Insurance Territory Manager salary in Chennai ranges between ₹2.7 Lakhs to ₹6.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Bajaj Allianz General Insurance latest salaries received from various employees of Bajaj Allianz General Insurance.

Bajaj Allianz General Insurance Territory Manager salaries in Chennai

Companies similar to Bajaj Allianz General Insurance for Territory Manager in Chennai

Latest annual salaries shared by Bajaj Allianz General Insurance Territory Manager in Chennai

Experience wise Bajaj Allianz General Insurance Territory Manager salaries in Chennai

Similar Designation salaries in Bajaj Allianz General Insurance

Top skills at Bajaj Allianz General Insurance for Territory Manager

Salary related reviews for Bajaj Allianz General Insurance

Territory Manager in Etah

Territory Manager in Guwahati

Territory Manager

Territory Manager in Madurai

Senior Sales Manager in Agartala

Bajaj Allianz General Insurance Territory Manager Salary FAQs

Tell us how to improve this page.