Bajaj Allianz Life Insurance Mumbai Assistant Branch Manager Salaries by 2 Employees

7 - 8 years exp.

₹7.3 Lakhs - ₹9.3 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

Interested in this particular role?

Last Updated: 28 Mar 2024

Companies similar to Bajaj Allianz Life Insurance for Assistant Branch Manager in Mumbai

Bajaj Allianz Life Insurance Assistant Branch Manager Salary

7 - 8 years exp. (AmbitionBox Estimate)

₹7.3 L/yr - ₹9.3 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindara Life Insurance Assistant Branch Manager Salary 6 - 15 years exp. (13 salaries)	₹5.8 L/yr - ₹7.1 L/yr 21% less
Tata AIA Life Insurance Assistant Branch Manager Salary 5 - 14 years exp. (4 salaries)	₹5.5 L/yr - ₹7.2 L/yr 22% less
Login to view exact salary
ICICI Bank Assistant Branch Manager Salary 0 - 10 years exp. (22 salaries)	₹3.3 L/yr - ₹7.2 L/yr 31% less
HDFC Bank Assistant Branch Manager Salary 4 - 13 years exp. (20 salaries)	₹3.5 L/yr - ₹11 L/yr 21% less
Suryoday Small Finance Bank Assistant Branch Manager Salary 3 - 11 years exp. (16 salaries)	₹3.6 L/yr - ₹6.6 L/yr 35% less

Assistant Branch Manager salary at Bajaj Allianz Life Insurance ranges between ₹7.3 Lakhs to ₹9.3 Lakhs per year for employees with experience between 7 years to 8 years. Salary estimates are based on 2 latest salaries received from various employees of Bajaj Allianz Life Insurance.

From

Assistant Branch Manager

₹

Lakhs/yr

1 - 10 years exp.

Chief Branch Manager

₹

Lakhs/yr

10 - 21 years exp.

Assistant Branch Manager

1 - 10 years exp.

Branch Manager

7 - 18 years exp.

37% hike

Senior Branch Manager

9 - 21 years exp.

29% hike

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

Senior Sales Manager Salary

(18 salaries)

₹3 L/yr - ₹4.5 L/yr

Branch Manager Salary

(11 salaries)

₹5.1 L/yr - ₹11 L/yr

Area Manager Salary

(11 salaries)

₹5 L/yr - ₹13 L/yr

Senior Branch Manager Salary

(6 salaries)

₹8.4 L/yr - ₹14 L/yr

Cluster Manager Salary

(6 salaries)

₹5 L/yr - ₹14.3 L/yr

Branch Sales Manager Salary

(5 salaries)

₹3.7 L/yr - ₹4.56 L/yr

Area Sales Manager Salary

(4 salaries)

₹5 L/yr - ₹12 L/yr

Salary related reviews for Bajaj Allianz Life Insurance

5.0

Rated by 1 employees for salary & benefits

Cluster Manager in Kolkata

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.

Salary - Excellent

+3 more

Dislikes

Nothing as of now.

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.

Salary - Bad

+6 more

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

Salary - Bad

+6 more

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

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.

Senior Relationship Manager in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 25 Jun 2023

5.0

for Salary and Benefits

Likes

One of the best company to work and earn money , we can earn more incentives than salary, overall this is the best company in all insurance sectors.

Salary - Excellent

+6 more

Dislikes

In banca channel, the company heads and co-heads has to interact with the bankers for freshers encouragement

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

Got a question about Bajaj Allianz Life Insurance?

Ask anonymously on communities.

Bajaj Allianz Life Insurance Assistant Branch Manager Salary FAQs

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

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

Experience	Average Salary Range
7 years	₹7.3 Lakhs to ₹9.3 Lakhs per year
8 years	₹7.3 Lakhs to ₹9.3 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Bajaj Allianz Life Insurance Salaries >
Bajaj Allianz Life Insurance Assistant Branch Manager Salaries >
Bajaj Allianz Life Insurance Assistant Branch Manager Salaries in Mumbai

Bajaj Allianz Life Insurance Assistant Branch Manager salary in Mumbai ranges between ₹7.3 Lakhs to ₹9.3 Lakhs. This is an estimate based on latest salaries received from employees of Bajaj Allianz Life Insurance.