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This company page is being actively managed by Bajaj Allianz Life Insurance Team. If you also belong to the team, you can get access from here

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3.9

based on 5k Reviews

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Bajaj Allianz Life Insurance Area / Territory Manager salaries in India

Annual salary range
5 - 15 years exp.
₹6 Lakhs - ₹13 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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53% more than the average Area / Territory Manager Salary in Insurance Companies for 5 - 15 years of experience

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Last Updated: 8 Jun 2024

Companies similar to Bajaj Allianz Life Insurance for Area / Territory Manager

Company name Avg Annual Salary Open Jobs
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Star Health & Allied Insurance Area / Territory Manager Salary

15 years exp. (3 salaries)
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₹10 L/yr - ₹13.5 L/yr

arrow icon 35% more
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Vakrangee Area / Territory Manager Salary

2 - 9 years exp. (6 salaries)
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₹2 L/yr - ₹3.8 L/yr

arrow icon 63% less
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Gs Caltex Area / Territory Manager Salary

6 - 16 years exp. (5 salaries)
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₹7 L/yr - ₹16.7 L/yr

arrow icon 40% more
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Confidence Petroleum India Area / Territory Manager Salary

4 - 7 years exp. (5 salaries)
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₹3.5 L/yr - ₹3.6 L/yr

arrow icon 57% less
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Mahindra & Mahindra Area / Territory Manager Salary

∞ - -∞ years exp. (5 salaries)
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₹4.3 L/yr - ₹14.5 L/yr

arrow icon 30% more
Area / Territory Manager salary at Bajaj Allianz Life Insurance ranges between ₹6 Lakhs to ₹13 Lakhs per year for employees with experience between 5 years to 15 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 / Territory Manager

8mo ago
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10 years exp.

Experience wise Bajaj Allianz Life Insurance Area / Territory Manager salaries

Last Updated: 8 Jun 2024

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹6.8 L/yr - ₹8.6 L/yr
6 years (AmbitionBox Estimate)

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₹6.9 L/yr - ₹8.8 L/yr
7 years (AmbitionBox Estimate)

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₹7 L/yr - ₹9 L/yr
8 years (AmbitionBox Estimate)

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₹7.2 L/yr - ₹9.2 L/yr
9 years (AmbitionBox Estimate)

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₹7.3 L/yr - ₹9.4 L/yr
View all

Salary related reviews for Bajaj Allianz Life Insurance

2.0

Rated by 1 employees for salary & benefits

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.

read more
  • 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.

read more
  • 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....

read more
  • 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.

read more

Senior Executive in Mumbai

Full Time

 · 

Product Management Department

1.0
  •  posted on 24 Jan 2025
1.0
 for  Salary and Benefits

Likes

Nothing.

Dislikes

...w manager are treated the worst. Designation will not help you find another job. No increment or promotion unless you are from tier 1 college or your salary is above 30 lpa. Skill development is only provided for the person belonging to their community. Senior positions are occupied by Malyalam speaking community and hence increment and promotions are only for them. No outdoor trips as it's only applicable for senior positions. Junior employees don't stay more than 3 months in the company. Company culture is the worst across Bajaj companies. They treat employees in such a way that they should jump off their building and end their lives as they encourage their family members and friends in other companies to not hire their team members. Hence an employee is stuck for rest of their lives in the same place with the lowest salary.

read more
  • Salary - Bad
    • +6 more
see more salary related reviews

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Shifting from Bangalore to Hyderabad
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Bajaj Allianz Life Insurance Area / Territory Manager Salary FAQs

What is the salary of Area / Territory Manager at Bajaj Allianz Life Insurance ?
The average salary of a Area / Territory Manager at Bajaj Allianz Life Insurance in India typically ranges from ₹6.0 Lakhs to ₹13.0 Lakhs per year, depending on experience (from 5 years to 15 years).

The top 10% of Area / Territory Manager at Bajaj Allianz Life Insurance earn more than ₹12.6 Lakhs per year, and the top 1% earn over ₹13.0 Lakhs per year. Area / Territory 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 7 Bajaj Allianz Life Insurance employees in India.
What is the estimated take home salary of a Area / Territory Manager at Bajaj Allianz Life Insurance in India?
The estimated take-home salary of a Area / Territory Manager at Bajaj Allianz Life Insurance in India typically ranges from ₹60,932 to ₹62,476 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹13.0 Lakhs per year for employees with experience ranging from 5 years to 15 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 7 salaries received from various employees of Bajaj Allianz Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Bajaj Allianz Life Insurance for Area / Territory Manager in India?
Gs Caltex ₹7.0 Lakhs to ₹16.7 Lakhs per year
Star Health & Allied Insurance ₹10.0 Lakhs to ₹13.5 Lakhs per year
Mahindra & Mahindra ₹4.3 Lakhs to ₹14.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bajaj Allianz Life Insurance, depending on the role and experience level.
What is the salary of a Area / Territory Manager in companies similar to Bajaj Allianz Life Insurance in India?
The salary of a Area / Territory Manager at companies similar to Bajaj Allianz Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Confidence Petroleum India ₹3.5 Lakhs to ₹3.6 Lakhs per year
Vakrangee ₹2.0 Lakhs to ₹3.8 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 Area / Territory Manager at Bajaj Allianz Life Insurance in India?
The salary growth for a Area / Territory Manager at Bajaj Allianz Life Insurance depends on factors such as experience, performance, and promotions. On average, a Area / Territory Manager can expect the following growth trajectory at Bajaj Allianz Life Insurance:

Experience Average Salary Range
5 years ₹6.8 Lakhs to ₹8.6 Lakhs per year
6 years ₹6.9 Lakhs to ₹8.8 Lakhs per year
7 years ₹7.0 Lakhs to ₹9.0 Lakhs per year
8 years ₹7.2 Lakhs to ₹9.2 Lakhs per year
and so on.

Tell us how to improve this page.

Bajaj Allianz Life Insurance Area / Territory Manager salary in India ranges between ₹6 Lakhs to ₹13 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.