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4.0

based on 4.6k Reviews

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Bajaj Allianz Life Insurance Area Manager salaries in Chennai

Annual salary range
9 - 16 years exp.
₹6 Lakhs - ₹12.5 Lakhs
Salary of majority employees
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At par with the average Area Manager Salary in Insurance Companies for 9 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Area Manager Salary
10 - 16 years exp. (6 salaries)
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₹6 L/yr - ₹11.2 L/yr

Sales & Business Development
Area Manager Salary
9 years exp. (AmbitionBox Estimate)
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₹9.3 L/yr - ₹12.5 L/yr

Last Updated: 24 Aug 2024

Companies similar to Bajaj Allianz Life Insurance for Area Manager in Chennai

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Bajaj Allianz Life Insurance Area Manager Salary

9 - 16 years exp. (7 salaries)

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₹6 L/yr - ₹12.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹5.8 L/yr - ₹11.2 L/yr

At par
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SBI Life Insurance Company Area Manager Salary

6 - 18 years exp. (13 salaries)

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₹6.7 L/yr - ₹13 L/yr

arrow icon 11% less
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Max Life Insurance Area Manager Salary

5 - 15 years exp. (7 salaries)

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₹4.2 L/yr - ₹10.8 L/yr

arrow icon 19% less
7 job openings
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Tata AIA Life Insurance Area Manager Salary

6 - 14 years exp. (8 salaries)

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₹7.3 L/yr - ₹12.4 L/yr

arrow icon 10% more
7 job openings
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Tata AIG Area Manager Salary

7 - 15 years exp. (6 salaries)

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₹6.3 L/yr - ₹14 L/yr

arrow icon 3% less
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₹5 L/yr - ₹7.5 L/yr

arrow icon 30% less
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₹6.5 L/yr - ₹12.5 L/yr

arrow icon 22% more
3 job openings
Area Manager salary at Bajaj Allianz Life Insurance ranges between ₹6 Lakhs to ₹12.5 Lakhs per year for employees with experience between 9 years to 16 years. Salary estimates are based on 7 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Latest annual salaries shared by Bajaj Allianz Life Insurance Area Manager in Chennai

4mo ago
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16 years exp.
1y ago
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15 years exp.
1y ago
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9 years exp.
1y ago
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14 years exp.
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10 years exp.
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12 years exp.
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13 years exp.

Experience wise Bajaj Allianz Life Insurance Area Manager salaries in Chennai

Last Updated: 24 Aug 2024

Experience Avg Annual Salary
9 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹12.5 L/yr
10 years (AmbitionBox Estimate)

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₹6 L/yr - ₹17 L/yr
11 years (AmbitionBox Estimate)

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₹8.7 L/yr - ₹11.1 L/yr
12 years (AmbitionBox Estimate)

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₹8.2 L/yr - ₹17.7 L/yr
13 years (AmbitionBox Estimate)

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₹4 L/yr - ₹11.2 L/yr
View all

Similar Designation salaries in Bajaj Allianz Life Insurance

Branch Manager Salary
(6 salaries)
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₹7.2 L/yr - ₹12.13 L/yr
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₹6 L/yr - ₹7.4 L/yr
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₹12.75 L/yr - ₹17 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

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.

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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.

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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

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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.

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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.

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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.

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Dislikes

There is no dislike for me about this company

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Bajaj Allianz Life Insurance Area Manager Salary FAQs

What is the salary of Area Manager at Bajaj Allianz Life Insurance Chennai?
Area Manager salary at Bajaj Allianz Life Insurance in Chennai ranges between ₹6.0 Lakhs to ₹12.5 Lakhs for experience between 9 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 7 latest salaries received from various employees of Bajaj Allianz Life Insurance Chennai.
How does the salary of a Area Manager at Bajaj Allianz Life Insurance Chennai 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 Chennai. 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 Chennai.
Which similar companies are paying more than Bajaj Allianz Life Insurance to a Area Manager in Chennai?
  • Star Health & Allied Insurance Area Manager Salary - ₹6.5 Lakhs to ₹12.5 Lakhs per year
  • Tata AIA Life Insurance Area Manager Salary - ₹7.3 Lakhs to ₹12.4 Lakhs per year
  • ICICI Prudential Life Insurance Area Manager Salary - ₹5.8 Lakhs to ₹11.2 Lakhs per year
What is the salary of a Area Manager in companies similar to Bajaj Allianz Life Insurance in Chennai?
  • Tata AIG Area Manager Salary - ₹6.3 Lakhs to ₹14.0 Lakhs per year
  • SBI Life Insurance Company Area Manager Salary - ₹6.7 Lakhs to ₹13.0 Lakhs per year
  • Max Life Insurance Area Manager Salary - ₹4.2 Lakhs to ₹10.8 Lakhs per year
  • Aditya Birla Sun Life Insurance Area Manager Salary - ₹5.0 Lakhs to ₹7.5 Lakhs per year
What is the estimated take home salary of a Area Manager at Bajaj Allianz Life Insurance in Chennai?
The estimated take-home salary of a Area Manager at Bajaj Allianz Life Insurance ranges between ₹69,739 per month to ₹71,532 per month in Chennai. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance Area Manager salary in India which ranges between ₹6.0 Lakhs to ₹12.5 Lakhs per year for employees with experience between 9 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 in Chennai?
According to AmbitionBox, 100% of the Bajaj Allianz Life Insurance Area Managers in Chennai reported a notice period of 3 Months.This is based on 6 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Bajaj Allianz Life Insurance Area Manager salary in Chennai ranges between ₹6 Lakhs to ₹12.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.