Bajaj Allianz General Insurance Territory Manager Salaries by 100+ Employees (Updated 2025)

2 - 14 years exp.

₹2.6 Lakhs - ₹7 Lakhs

Avg. annual salary

Monthly In-hand Salary

32% less than the average Territory Manager Salary in Insurance Companies for 2 - 14 years of experience

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Last Updated: 20 Jan 2025

Companies similar to Bajaj Allianz General Insurance for Territory Manager

Company name	Avg Annual Salary	Open Jobs
PNB MetLife Territory Manager Salary 4 - 17 years exp. (268 salaries)	₹4.3 L/yr - ₹10.3 L/yr 49% more	1 job opening
Star Union Dai-ichi Life Insurance Territory Manager Salary 5 - 15 years exp. (185 salaries)	₹4.4 L/yr - ₹10.9 L/yr 36% more
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Bajaj Allianz Life Insurance Territory Manager Salary 4 - 20 years exp. (222 salaries)	₹3.7 L/yr - ₹8.5 L/yr 28% more	3 job openings
HDFC Life Territory Manager Salary 9 - 20 years exp. (150 salaries)	₹11.3 L/yr - ₹21 L/yr 189% more
Reliance Nippon Life Insurance Territory Manager Salary 5 - 17 years exp. (100 salaries)	₹4 L/yr - ₹12 L/yr 45% more
SBI Life Insurance Company Territory Manager Salary 4 - 16 years exp. (108 salaries)	₹4 L/yr - ₹7 L/yr 9% more
Tata AIA Life Insurance Territory Manager Salary 5 - 10 years exp. (57 salaries)	₹5.2 L/yr - ₹10.5 L/yr 55% more
Niva Bupa Health Insurance Company Territory Manager Salary 9 - 17 years exp. (43 salaries)	₹5 L/yr - ₹12.2 L/yr 70% more
ICICI Lombard General Insurance Company Territory Manager Salary 1 - 15 years exp. (42 salaries)	₹5.6 L/yr - ₹14 L/yr 79% more
Axis Max Life Insurance Territory Manager Salary 10 - 18 years exp. (39 salaries)	₹7.5 L/yr - ₹19 L/yr 162% more
Canara HSBC Life Insurance Territory Manager Salary 5 - 14 years exp. (31 salaries)	₹4.5 L/yr - ₹8.1 L/yr 32% more
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Star Health & Allied Insurance Territory Manager Salary 10 - 20 years exp. (42 salaries)	₹7.2 L/yr - ₹17 L/yr 162% more
Reliance General Insurance Territory Manager Salary 8 - 20 years exp. (40 salaries)	₹6.5 L/yr - ₹13 L/yr 97% more
HDFC Ergo General Insurance Territory Manager Salary 5 - 18 years exp. (18 salaries)	₹4 L/yr - ₹10 L/yr 37% more
Shriram Life Insurance Territory Manager Salary 3 - 10 years exp. (9 salaries)	₹3 L/yr - ₹7.2 L/yr 12% less

Territory Manager salary at Bajaj Allianz General Insurance ranges between ₹2.6 Lakhs to ₹7 Lakhs per year for employees with experience between 2 years to 14 years. Salary estimates are based on 165 latest salaries received from various employees of Bajaj Allianz General Insurance.

Latest annual salaries shared by Bajaj Allianz General Insurance Territory Manager

2mo ago

₹5.8 Lakhs

8 years exp.

3mo ago

₹4.4 Lakhs

10 years exp.

3mo ago

₹5.1 Lakhs

11 years exp.

4mo ago

₹6.8 Lakhs

12 years exp.

5mo ago

₹7 Lakhs

12 years exp.

5mo ago

6 years exp.

6mo ago

12 years exp.

6mo ago

3 years exp.

7mo ago

11 years exp.

7mo ago

6 years exp.

Experience wise Bajaj Allianz General Insurance Territory Manager salaries

Last Updated: 20 Jan 2025

Experience	Avg Annual Salary
2 years (9 salaries)	₹2.8 L/yr - ₹4.6 L/yr
3 years (20 salaries)	₹2.6 L/yr - ₹5.2 L/yr
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4 years (19 salaries)	₹3 L/yr - ₹6.3 L/yr
5 years (25 salaries)	₹2.8 L/yr - ₹6.7 L/yr
6 years (9 salaries)	₹3.1 L/yr - ₹5.3 L/yr
7 years (14 salaries)	₹3 L/yr - ₹6 L/yr
8 years (20 salaries)	₹3.2 L/yr - ₹6 L/yr
9 years (7 salaries)	₹3.3 L/yr - ₹6 L/yr
10 years (14 salaries)	₹3.1 L/yr - ₹6 L/yr
11 years (11 salaries)	₹3.4 L/yr - ₹7 L/yr
12 years (12 salaries)	₹3.5 L/yr - ₹7 L/yr
13 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
14 years (3 salaries)	₹5.2 L/yr - ₹6 L/yr

View all

Similar Designation salaries in Bajaj Allianz General Insurance

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Deputy Manager Salary

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Senior Territory Manager Salary

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₹4.8 L/yr - ₹7.2 L/yr

Area Manager Salary

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Sales Manager Salary

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Senior Sales Manager Salary

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₹3 L/yr - ₹8.2 L/yr

Relationship Manager Salary

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₹1.65 L/yr - ₹7.5 L/yr

Territory Sales Executive Salary

(4 salaries)

₹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

Salary related reviews for Bajaj Allianz General Insurance

4.2

Rated by 34 employees for salary & benefits

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

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

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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 Territory Manager Salaries by Location

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Bajaj Allianz General Insurance Territory Manager Salaries

Bajaj Allianz General Insurance Territory Manager salary in India ranges between ₹2.6 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 165 Bajaj Allianz General Insurance latest salaries received from various employees of Bajaj Allianz General Insurance.

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

Companies similar to Bajaj Allianz General Insurance for Territory Manager

Latest annual salaries shared by Bajaj Allianz General Insurance Territory Manager

Experience wise Bajaj Allianz General Insurance Territory Manager salaries

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 Kolkata

Territory Manager in Etah

Territory Manager in Guwahati

Territory Manager

Territory Manager in Madurai

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Bajaj Allianz General Insurance Territory Manager Salaries by Location