Bajaj Allianz Life Insurance Area Manager Salaries by 200+ Employees (Updated 2024)

5 - 16 years exp.

₹5 Lakhs - ₹14 Lakhs

Salary of majority employees

At par with the average Area Manager Salary in Insurance Companies for 5 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Manager Salary 5 - 16 years exp. (108 salaries)	₹5 L/yr - ₹14 L/yr
Sales & Business Development Area Manager Salary 5 - 16 years exp. (56 salaries)	₹5 L/yr - ₹13.6 L/yr
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Marketing & Communication Area Manager Salary 5 - 14 years exp. (10 salaries)	₹5 L/yr - ₹13.5 L/yr
Customer Success, Service & Operations Area Manager Salary 8 - 15 years exp. (9 salaries)	₹5.3 L/yr - ₹9.5 L/yr

Last Updated: 16 Dec 2024

Companies similar to Bajaj Allianz Life Insurance for Area Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Area Manager Salary 5 - 18 years exp. (33 salaries)	₹5.4 L/yr - ₹16 L/yr At par
ICICI Prudential Life Insurance Area Manager Salary 1 - 17 years exp. (368 salaries)	₹5.8 L/yr - ₹13.1 L/yr 4% more
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SBI Life Insurance Company Area Manager Salary 6 - 18 years exp. (260 salaries)	₹5 L/yr - ₹13.5 L/yr 5% less
Max Life Insurance Area Manager Salary 5 - 17 years exp. (292 salaries)	₹4.2 L/yr - ₹14.1 L/yr 12% less	13 job openings
Kotak Mahindara Life Insurance Area Manager Salary 7 - 18 years exp. (22 salaries)	₹5.2 L/yr - ₹19.2 L/yr 17% more
Tata AIA Life Insurance Area Manager Salary 6 - 20 years exp. (183 salaries)	₹5.5 L/yr - ₹17.5 L/yr 30% more	3 job openings
Aditya Birla Sun Life Insurance Area Manager Salary 4 - 11 years exp. (118 salaries)	₹4.5 L/yr - ₹10 L/yr 27% less
Reliance Nippon Life Insurance Area Manager Salary 12 - 20 years exp. (85 salaries)	₹9 L/yr - ₹21.4 L/yr 51% more
ICICI Lombard General Insurance Company Area Manager Salary 5 - 17 years exp. (67 salaries)	₹6.8 L/yr - ₹18.8 L/yr 33% more
Shriram Life Insurance Area Manager Salary 6 - 17 years exp. (43 salaries)	₹3.7 L/yr - ₹11 L/yr 30% less
HDFC Ergo General Insurance Area Manager Salary 7 - 20 years exp. (41 salaries)	₹6.6 L/yr - ₹12.5 L/yr At par
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Care Health Insurance Area Manager Salary 6 - 16 years exp. (33 salaries)	₹3.3 L/yr - ₹9.1 L/yr 39% less
Star Health & Allied Insurance Area Manager Salary 8 - 22 years exp. (36 salaries)	₹6.7 L/yr - ₹22 L/yr 63% more	1 job opening
Aditya Birla Health Insurance Co Area Manager Salary 7 - 18 years exp. (30 salaries)	₹5 L/yr - ₹16.5 L/yr 22% more
PNB MetLife Area Manager Salary 6 - 15 years exp. (22 salaries)	₹5.9 L/yr - ₹11.1 L/yr 6% less
SBI General Insurance Area Manager Salary 3 - 21 years exp. (6 salaries)	₹9 L/yr - ₹15.2 L/yr 25% more
Life Insurance Corporation of India Area Manager Salary 10 - 15 years exp. (4 salaries)	₹7.5 L/yr - ₹10 L/yr 7% less

Area Manager salary at Bajaj Allianz Life Insurance ranges between ₹5 Lakhs to ₹14 Lakhs per year for employees with experience between 5 years to 16 years. Salary estimates are based on 200 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Experience wise Bajaj Allianz Life Insurance Area Manager salaries

Last Updated: 16 Dec 2024

Experience	Avg Annual Salary
5 years (10 salaries)	₹5 L/yr - ₹11 L/yr
6 years (14 salaries)	₹5.7 L/yr - ₹10 L/yr
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7 years (6 salaries)	₹5.6 L/yr - ₹15.6 L/yr
8 years (20 salaries)	₹5.3 L/yr - ₹11.1 L/yr
9 years (18 salaries)	₹5 L/yr - ₹12.6 L/yr
10 years (24 salaries)	₹5 L/yr - ₹13.5 L/yr
11 years (24 salaries)	₹5 L/yr - ₹12.3 L/yr
12 years (26 salaries)	₹5.8 L/yr - ₹13 L/yr
13 years (13 salaries)	₹8 L/yr - ₹11.8 L/yr
14 years (23 salaries)	₹6.6 L/yr - ₹13.5 L/yr
15+ years (22 salaries)	₹6.9 L/yr - ₹14 L/yr

View all

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Marketing Manager Salary

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Business Manager Salary

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₹4.5 L/yr - ₹5.15 L/yr

Territory Manager Salary

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Team Lead Salary

(54 salaries)

₹1.7 L/yr - ₹7.37 L/yr

Top skills at Bajaj Allianz Life Insurance for Area Manager

Area Management Life Insurance Bancassurance Team Handling Area Sales Management Team Management Team Learning Channel Sales Insurance Branch Management Insurance Sales Business Development Product Sales Territory Management Training

Salary related reviews for Bajaj Allianz Life Insurance

4.3

Rated by 34 employees for salary & benefits

Relationship Manager in Bangalore / Bengaluru

Full Time

Other Department

1.0

• posted on 29 Feb 2024

1.0

for Salary and Benefits

Likes

I respect the Bajaj Allianz Life insurance because company was selected to grow my career I love the Bajaj Allianz Life insurance products where we give best return to customers.

Dislikes

... Bajaj Allianz Life insurance company is best fastest growing company in india. But the managers working culture is dengerous because the managers are Black mail with employees salary, one of my manager was directly telling that if I do business then only I get salary, And this is the company policy he was telling is it my dear company CEO, In business sales the tarcher is common but who will blame with employees salary. And check the trainers quality.

Sales Manager in New Delhi

Full Time

Sales & Business Development Department

1.0

• posted on 22 Sep 2023

1.0

for Salary and Benefits

Likes

If you are doing at least one policy per month of min 5k then no one is going to fire you. Products of Bajaj Allianz Life Insurance is good.

Dislikes

...manager on Sat and Sun. So there is no work no life no balance. Growth is none. No salary increments. Very very very low salary. Incentives earning is very much difficult. By any chance if you entered into the life insurance industry and especially into Agency channel then life worst. Extensive traveling across the city on your own expenses. Very hectic job

Business Development Manager in Bokaro

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 16 Nov 2023

5.0

for Salary and Benefits

Likes

Good salary, nice incentive structure and promotion structure

Dislikes

No proper training , no support in business hence we lack in aquaring business as compared to Max life insurance aur competitors in axis bank channel.

Business Development Manager in Narnaul

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 09 May 2023

5.0

for Salary and Benefits

Likes

You get salary on time.

Dislikes

No one( Sr. Management) cares about you,they just need business that too what they ask from you " no need based selling". Rather then that there are meetings meetings and meetings for the sales team.

Sales Officer in New Delhi

Other Department

5.0

• posted on 05 May 2022

5.0

for Salary and Benefits

Likes

... period. Seniors are very supportive and give proper guidance at any situations. Salary on time.

Dislikes

There is no dislike for me about this company

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Bajaj Allianz Life Insurance Area Manager Salary FAQs

What is the salary of Area Manager at Bajaj Allianz Life Insurance?

Area Manager salary at Bajaj Allianz Life Insurance in India ranges between ₹5.0 Lakhs to ₹14.0 Lakhs for experience between 5 years to 16 years. According to our estimates it is 3% less than the average Area Manager Salary in India. Salary estimates are based on 200 latest salaries received from various employees of Bajaj Allianz Life Insurance India.

How does the salary of a Area Manager at Bajaj Allianz Life Insurance India compare with the average salary range for this job?

The average salary of a Area Manager at Bajaj Allianz Life Insurance is 3% less than the average salary of a Area Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Area Manager at Bajaj Allianz Life Insurance?

Area Management, Life Insurance, Bancassurance, Team Handling and Area Sales Management are some of the popular skills required to work as a Area Manager at Bajaj Allianz Life Insurance India.

Which similar companies are paying more than Bajaj Allianz Life Insurance to a Area Manager in India?

Star Health & Allied Insurance Area Manager Salary - ₹6.7 Lakhs to ₹22.0 Lakhs per year
Reliance Nippon Life Insurance Area Manager Salary - ₹9.0 Lakhs to ₹21.4 Lakhs per year
ICICI Lombard General Insurance Company Area Manager Salary - ₹6.8 Lakhs to ₹18.8 Lakhs per year
Tata AIA Life Insurance Area Manager Salary - ₹5.5 Lakhs to ₹17.5 Lakhs per year
SBI General Insurance Area Manager Salary - ₹9.0 Lakhs to ₹15.2 Lakhs per year

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

Aditya Birla Health Insurance Co Area Manager Salary - ₹5.0 Lakhs to ₹16.5 Lakhs per year
Kotak Mahindara Life Insurance Area Manager Salary - ₹5.2 Lakhs to ₹19.2 Lakhs per year
ICICI Prudential Life Insurance Area Manager Salary - ₹5.8 Lakhs to ₹13.1 Lakhs per year
HDFC Life Area Manager Salary - ₹5.4 Lakhs to ₹16.0 Lakhs per year
HDFC Ergo General Insurance Area Manager Salary - ₹6.6 Lakhs to ₹12.5 Lakhs per year

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

The estimated take-home salary of a Area Manager at Bajaj Allianz Life Insurance ranges between ₹67,368 per month to ₹69,094 per month in India. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance Area Manager salary in India which ranges between ₹5.0 Lakhs to ₹14.0 Lakhs per year for employees with experience between 5 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Area Manager at Bajaj Allianz Life Insurance?

According to AmbitionBox, 66% of the Bajaj Allianz Life Insurance Area Managers reported a notice period of 3 Months, 14% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 131 responses on AmbitionBox in last 2 years.

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Bajaj Allianz Life Insurance Area Manager Salaries

Bajaj Allianz Life Insurance Area Manager salary in India ranges between ₹5 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 200 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.

Bajaj Allianz Life Insurance Area Manager salaries in India

Companies similar to Bajaj Allianz Life Insurance for Area Manager

Latest annual salaries shared by Bajaj Allianz Life Insurance Area Manager

Experience wise Bajaj Allianz Life Insurance Area Manager salaries

Similar Designation salaries in Bajaj Allianz Life Insurance

Top skills at Bajaj Allianz Life Insurance for Area Manager

Salary related reviews for Bajaj Allianz Life Insurance

Relationship Manager in Bangalore / Bengaluru

Sales Manager in New Delhi

Business Development Manager in Bokaro

Business Development Manager in Narnaul

Sales Officer in New Delhi

Bajaj Allianz Life Insurance Area Manager Salary FAQs

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Bajaj Allianz Life Insurance Area Manager Salaries by Location