Bajaj Allianz Life Insurance Mumbai Administration Manager Salaries by 6 Employees

10 - 14 years exp.

₹17 Lakhs - ₹17.1 Lakhs

Avg. annual salary

Monthly In-hand Salary

79% more than the average Administration Manager Salary in Insurance Companies for 10 - 14 years of experience

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Last Updated: 20 Jan 2024

Companies similar to Bajaj Allianz Life Insurance for Administration Manager in Mumbai

Bajaj Allianz Life Insurance Administration Manager Salary

10 - 14 years exp. (6 salaries)

₹17 L/yr - ₹17.1 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Administration Manager Salary 4 - 15 years exp. (16 salaries)	₹4 L/yr - ₹9.4 L/yr 60% less	1 job opening
Tata AIG Administration Manager Salary 11 - 15 years exp. (3 salaries)	₹7.7 L/yr - ₹7.9 L/yr 55% less
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HDFC Bank Administration Manager Salary 10 - 15 years exp. (13 salaries)	₹7.8 L/yr - ₹12 L/yr 47% less
Mahindra & Mahindra Administration Manager Salary 10 - 27 years exp. (11 salaries)	₹7.2 L/yr - ₹25 L/yr 14% less
JLL Administration Manager Salary 10 - 17 years exp. (10 salaries)	₹5 L/yr - ₹9.4 L/yr 48% less

Administration Manager salary at Bajaj Allianz Life Insurance ranges between ₹17 Lakhs to ₹17.1 Lakhs per year for employees with experience between 10 years to 14 years. Salary estimates are based on 6 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Experience wise Bajaj Allianz Life Insurance Administration Manager salaries in Mumbai

Last Updated: 20 Jan 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹15.3 L/yr - ₹19.6 L/yr
12 years (AmbitionBox Estimate)	₹15.3 L/yr - ₹19.6 L/yr
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13 years (AmbitionBox Estimate)	₹15.3 L/yr - ₹19.6 L/yr
14 years (AmbitionBox Estimate)	₹15.3 L/yr - ₹19.6 L/yr

Similar Designation salaries in Bajaj Allianz Life Insurance

Deputy Manager Salary

(72 salaries)

₹5 L/yr - ₹16.5 L/yr

Operations Manager Salary

(3 salaries)

₹5 L/yr - ₹13.5 L/yr

Salary related reviews for Bajaj Allianz Life Insurance

Back Office Executive in Sitapur

Customer Success, Service & Operations Department

5.0

• posted on 15 Apr 2018

4.0

for Salary and Benefits

Likes

...to deal with work pressure. Good opportunity as well as growth you can get here. Fair salary package with good appraisal and a good cooperation from Teammates.

Salary - Good

+6 more

Dislikes

Even though the company has fair salary package, the growth is slow and tough incentives for back office executives.

AM Human Resource in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 18 Mar 2025

5.0

for Salary and Benefits

Likes

In bajaj salary credit on time always.

Salary - Excellent

Dislikes

In Bajaj there is no upgrade in ur role and responsibilities and no one want to upgrade your. No extra skill learning activities done. As relevant work of ur role.

Job security - Poor

Executive Relationship Manager in Kohima

Full Time

Sales & Business Development Department

1.0

• posted on 17 Mar 2025

1.0

for Salary and Benefits

Likes

No comments

Dislikes

Not getting salary on time, bad Area manger, bad HR, Always getting negative reviews no matter how much efforts we are giving . No support from highers ups. Getting too much calls and VC even on holidays. Still didn't got experience letter.

Salary - Bad

+6 more

Senior Area Manager in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 04 Mar 2025

1.0

for Salary and Benefits

Likes

Nothing is there to like to this company...

Dislikes

Here there is no system for credit the salary and it's based on Manager's wish . If Manager wants to hold the salary, he can without any reason also... So Bajaj is not better choice for who works harldy with honesty....

Salary - Bad

+6 more

Executive Relationship Manager in Bankura

Full Time

Sales & Business Development Department

5.0

• posted on 29 Jan 2025

5.0

for Salary and Benefits

Likes

Balic is a good company to work .. balic has given my carrier high..

Salary - Excellent

+6 more

Dislikes

...e centricity balic does not look even after Work hard and good work for balic .. company does not increase no salary as per expectations.

see more salary related reviews

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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 Life Insurance Administration Manager Salary FAQs

What is the salary of Administration Manager at Bajaj Allianz Life Insurance in Mumbai?

The average salary of a Administration Manager at Bajaj Allianz Life Insurance in Mumbai typically ranges from ₹17.0 Lakhs to ₹17.1 Lakhs per year, depending on experience (from 10 years to 14 years).

The top 10% of Administration Manager in Mumbai at Bajaj Allianz Life Insurance earn more than ₹17.1 Lakhs per year, and the top 1% earn over ₹17.1 Lakhs per year. Administration Manager Salaries at Bajaj Allianz Life 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 6 Bajaj Allianz Life Insurance employees in India.

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

The estimated take-home salary of a Administration Manager at Bajaj Allianz Life Insurance in Mumbai typically ranges from ₹1,15,433 to ₹1,18,653 per month. This is based on the average salary range of ₹17.0 Lakhs to ₹17.1 Lakhs per year for employees with experience ranging from 10 years to 14 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 6 salaries received from various employees of Bajaj Allianz Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Administration Manager in companies similar to Bajaj Allianz Life Insurance in Mumbai?

The salary of a Administration Manager at companies similar to Bajaj Allianz Life Insurance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Mahindra & Mahindra	₹7.2 Lakhs to ₹25.0 Lakhs per year
HDFC Bank	₹7.8 Lakhs to ₹12.0 Lakhs per year
JLL	₹5.0 Lakhs to ₹9.4 Lakhs per year
Tata AIG	₹7.7 Lakhs to ₹7.9 Lakhs per year
ICICI Lombard General Insurance Company	₹4.0 Lakhs to ₹9.4 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

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

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

Experience	Average Salary Range
10 years	₹15.3 Lakhs to ₹19.6 Lakhs per year
12 years	₹15.3 Lakhs to ₹19.6 Lakhs per year
13 years	₹15.3 Lakhs to ₹19.6 Lakhs per year
14 years	₹15.3 Lakhs to ₹19.6 Lakhs per year

and so on.

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Bajaj Allianz Life Insurance Administration Manager Salaries in Mumbai

Bajaj Allianz Life Insurance Administration Manager salary in Mumbai ranges between ₹17 Lakhs to ₹17.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.

Bajaj Allianz Life Insurance Administration Manager salaries in Mumbai

Companies similar to Bajaj Allianz Life Insurance for Administration Manager in Mumbai

Latest annual salaries shared by Bajaj Allianz Life Insurance Administration Manager in Mumbai

Experience wise Bajaj Allianz Life Insurance Administration Manager salaries in Mumbai

Similar Designation salaries in Bajaj Allianz Life Insurance

Salary related reviews for Bajaj Allianz Life Insurance

Back Office Executive in Sitapur

AM Human Resource in Mumbai

Executive Relationship Manager in Kohima

Senior Area Manager in Hyderabad / Secunderabad

Executive Relationship Manager in Bankura

Bajaj Allianz Life Insurance Administration Manager Salary FAQs

Tell us how to improve this page.