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Bajaj Allianz Life Insurance Area Manager salaries in India (Updated 2025)

Annual salary range
5 - 17 years exp.
₹5 Lakhs - ₹16.5 Lakhs
Salary of majority employees
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At par with the average Area Manager Salary in Insurance Companies for 5 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Area Manager Salary
5 - 17 years exp. (124 salaries)
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₹5 L/yr - ₹14 L/yr

Sales & Business Development
Area Manager Salary
5 - 17 years exp. (66 salaries)
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₹5 L/yr - ₹16.5 L/yr

Marketing & Communication
Area Manager Salary
5 - 15 years exp. (11 salaries)
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₹5 L/yr - ₹13.5 L/yr

Customer Success, Service & Operations
Area Manager Salary
8 - 15 years exp. (9 salaries)
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₹5.3 L/yr - ₹9.5 L/yr

Last Updated: 15 Feb 2025

Companies similar to Bajaj Allianz Life Insurance for Area Manager

Company name Avg Annual Salary Open Jobs
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HDFC Life Area Manager Salary

4 - 14 years exp. (26 salaries)

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₹3.2 L/yr - ₹12.6 L/yr

arrow icon 25% less
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₹5.8 L/yr - ₹12.8 L/yr

At par
22 job openings
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SBI Life Insurance Company Area Manager Salary

6 - 19 years exp. (222 salaries)

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₹4.6 L/yr - ₹14.2 L/yr

arrow icon 5% less
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Axis Max Life Insurance Area Manager Salary

6 - 17 years exp. (278 salaries)

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₹4.2 L/yr - ₹16 L/yr

arrow icon 7% less
1 job opening
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₹5.7 L/yr - ₹17.9 L/yr

arrow icon 18% more
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Tata AIA Life Insurance Area Manager Salary

6 - 17 years exp. (176 salaries)

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₹5.5 L/yr - ₹17.7 L/yr

arrow icon 17% more
7 job openings
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₹4.5 L/yr - ₹9 L/yr

arrow icon 29% less
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₹6.8 L/yr - ₹18.5 L/yr

arrow icon 30% more
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₹4 L/yr - ₹16 L/yr

arrow icon 2% more
Logo
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₹9.5 L/yr - ₹21.4 L/yr

arrow icon 46% more
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₹5.7 L/yr - ₹23.2 L/yr

arrow icon 36% more
1 job opening
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HDFC Ergo General Insurance Area Manager Salary

5 - 20 years exp. (40 salaries)

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₹6 L/yr - ₹12.5 L/yr

arrow icon 8% less
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Shriram Life Insurance Area Manager Salary

8 - 16 years exp. (35 salaries)

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₹3.7 L/yr - ₹11 L/yr

arrow icon 33% less
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₹4.5 L/yr - ₹16.5 L/yr

arrow icon 6% more
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Tata AIG Area Manager Salary

6 - 19 years exp. (25 salaries)

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₹6.3 L/yr - ₹15.5 L/yr

arrow icon 1% more
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PNB MetLife Area Manager Salary

6 - 15 years exp. (20 salaries)

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₹5.9 L/yr - ₹11.1 L/yr

arrow icon 5% less
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₹5.2 L/yr - ₹18 L/yr

arrow icon 7% more
1 job opening
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₹4.5 L/yr - ₹6.3 L/yr

arrow icon 45% less
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₹7.5 L/yr - ₹10 L/yr

arrow icon 11% less
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Allianz Partners Area Manager Salary

8 - 11 years exp. (3 salaries)

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₹5.3 L/yr - ₹8 L/yr

arrow icon 30% less

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Area Manager salary at Bajaj Allianz Life Insurance ranges between ₹5 Lakhs to ₹16.5 Lakhs per year for employees with experience between 5 years to 17 years. Salary estimates are based on 227 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Latest annual salaries shared by Bajaj Allianz Life Insurance Area Manager

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14 years exp.
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9 years exp.
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15 years exp.
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9 years exp.
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17 years exp.
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17 years exp.
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10 years exp.
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7 years exp.
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15 years exp.
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11 years exp.

Experience wise Bajaj Allianz Life Insurance Area Manager salaries

Last Updated: 15 Feb 2025

Experience Avg Annual Salary
5 years  (7 salaries)

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₹5 L/yr - ₹11 L/yr
6 years  (13 salaries)

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₹5 L/yr - ₹9.5 L/yr
7 years  (7 salaries)

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₹5 L/yr - ₹16 L/yr
8 years  (26 salaries)

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₹5 L/yr - ₹11.1 L/yr
9 years  (20 salaries)

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₹5.3 L/yr - ₹12.9 L/yr
View all
Bajaj Allianz Life Insurance Area Manager Salary and Career Growth

From

To

Area Manager

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5 - 17 years exp.

State Manager

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9 - 25 years exp.

Area Manager 5 - 17 years exp.
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Senior Area Manager 6 - 17 years exp.
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arrow icon 6% hike
    State Manager 9 - 25 years exp.
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    arrow icon 59% hike

    From

    To

    Area Manager

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    5 - 17 years exp.

    Senior Divisional Manager

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    8 - 10 years exp.

    Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

    Similar Designation salaries in Bajaj Allianz Life Insurance

    Sales Manager Salary
    (205 salaries)
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    ₹1.55 L/yr - ₹7 L/yr
    Branch Manager Salary
    (142 salaries)
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    ₹4.5 L/yr - ₹13.5 L/yr
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    ₹3.45 L/yr - ₹13.56 L/yr
    Cluster Manager Salary
    (96 salaries)
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    ₹4.2 L/yr - ₹14.3 L/yr
    Deputy Manager Salary
    (298 salaries)
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    ₹4.5 L/yr - ₹16.5 L/yr
    Regional Manager Salary
    (121 salaries)
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    ₹7 L/yr - ₹23 L/yr
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    ₹3.5 L/yr - ₹7.32 L/yr
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    ₹4.5 L/yr - ₹6 L/yr
    Territory Manager Salary
    (227 salaries)
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    ₹3.65 L/yr - ₹9.17 L/yr
    Team Lead Salary
    (55 salaries)
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    ₹1.8 L/yr - ₹8.6 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
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    Salary related reviews for Bajaj Allianz Life Insurance

    4.4

    Rated by 36 employees for salary & benefits

    Full Time

     · 

    BFSI, Investments & Trading Department

    5.0
      •  posted on 08 Jan 2025

    5.0
     for  Salary and Benefits

    Likes

    The environment is good, as well as the pay package; which is very good. There's a lot of scope of learning here in the industry. Management is a bit clueless and less emotionally oriented but overall it's a good place or organisation to work for or work in. Good amount of promotions are there, trips national or international they have all to keep their people happy and motivated.

    read more
    • Salary - Excellent
    • +3 more

    Dislikes

    Nothing as of now.

    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.

    read more

    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.

    read more
    • Salary - Bad
    • +6 more

    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.

    read more

    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

    read more
    • Salary - Bad
    • +6 more

    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

    • Salary - Excellent
    • +4 more

    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.

    read more

    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.

    • Salary - Excellent
    • +1 more

    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.

    read more
    • Skill development - Bad
    • +4 more
    see more salary related reviews

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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 ₹16.5 Lakhs for experience between 5 years to 17 years. According to our estimates it is 1% more than the average Area Manager Salary in India. Salary estimates are based on 227 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 1% more 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?
    • Reliance Nippon Life Insurance Area Manager Salary - ₹9.5 Lakhs to ₹21.4 Lakhs per year
    • Star Health & Allied Insurance Area Manager Salary - ₹5.7 Lakhs to ₹23.2 Lakhs per year
    • ICICI Lombard General Insurance Company Area Manager Salary - ₹6.8 Lakhs to ₹18.5 Lakhs per year
    • Kotak Mahindara Life Insurance Area Manager Salary - ₹5.7 Lakhs to ₹17.9 Lakhs per year
    • Tata AIA Life Insurance Area Manager Salary - ₹5.5 Lakhs to ₹17.7 Lakhs per year
    What is the salary of a Area Manager in companies similar to Bajaj Allianz Life Insurance in India?
    • Bajaj Allianz General Insurance Area Manager Salary - ₹5.2 Lakhs to ₹18.0 Lakhs per year
    • Aditya Birla Health Insurance Co Area Manager Salary - ₹4.5 Lakhs to ₹16.5 Lakhs per year
    • Niva Bupa Health Insurance Company Area Manager Salary - ₹4.0 Lakhs to ₹16.0 Lakhs per year
    • Tata AIG Area Manager Salary - ₹6.3 Lakhs to ₹15.5 Lakhs per year
    • ICICI Prudential Life Insurance Area Manager Salary - ₹5.8 Lakhs to ₹12.8 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 ₹69,818 per month to ₹71,612 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 ₹16.5 Lakhs per year for employees with experience between 5 years to 17 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, 64% of the Bajaj Allianz Life Insurance Area Managers reported a notice period of 3 Months, 15% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 137 responses on AmbitionBox in last 2 years.

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    Bajaj Allianz Life Insurance Area Manager salary in India ranges between ₹5 Lakhs to ₹16.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 227 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.

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