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

Annual salary range
2 - 14 years exp.
₹4 Lakhs - ₹13.6 Lakhs
Salary of majority employees
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5% less than the average Assistant Manager Salary in Insurance Companies for 2 - 14 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading
Assistant Manager Salary
2 - 14 years exp. (53 salaries)
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₹3 L/yr - ₹12.3 L/yr

Customer Success, Service & Operations
Assistant Manager Salary
2 - 14 years exp. (48 salaries)
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₹3.6 L/yr - ₹11.5 L/yr

Finance & Accounting
Assistant Manager Salary
2 - 14 years exp. (29 salaries)
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₹4.9 L/yr - ₹11.3 L/yr

Human Resources
Assistant Manager Salary
2 - 9 years exp. (20 salaries)
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₹4.3 L/yr - ₹10 L/yr

Data Science & Analytics
Assistant Manager Salary
2 - 10 years exp. (19 salaries)
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₹5 L/yr - ₹13.8 L/yr

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Last Updated: 10 Mar 2025

Companies similar to Bajaj Allianz Life Insurance for Assistant Manager

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

1 - 9 years exp. (264 salaries)

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₹1.7 L/yr - ₹7.5 L/yr

arrow icon 40% less
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₹3 L/yr - ₹7.5 L/yr

arrow icon 34% less
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₹4 L/yr - ₹12 L/yr

arrow icon 9% less
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Axis Max Life Insurance Assistant Manager Salary

0 - 10 years exp. (641 salaries)

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₹2 L/yr - ₹8 L/yr

arrow icon 47% less
12 job openings
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₹2 L/yr - ₹4.8 L/yr

arrow icon 54% less
1 job opening
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Tata AIA Life Insurance Assistant Manager Salary

2 - 17 years exp. (582 salaries)

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₹3.8 L/yr - ₹14 L/yr

arrow icon 11% more
35 job openings
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₹2.3 L/yr - ₹7.5 L/yr

arrow icon 40% less
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₹4.5 L/yr - ₹10.7 L/yr

arrow icon 1% less
2 job openings
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₹1.9 L/yr - ₹8.4 L/yr

arrow icon 46% less
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₹2.6 L/yr - ₹9.5 L/yr

arrow icon 29% less
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Assistant Manager salary at Bajaj Allianz Life Insurance ranges between ₹4 Lakhs to ₹13.6 Lakhs per year for employees with experience between 2 years to 14 years. Salary estimates are based on 304 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Latest annual salaries shared by Bajaj Allianz Life Insurance Assistant Manager

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Experience wise Bajaj Allianz Life Insurance Assistant Manager salaries

Last Updated: 10 Mar 2025

Experience Avg Annual Salary
2 years  (32 salaries)

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₹5 L/yr - ₹13.8 L/yr
3 years  (32 salaries)

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₹4.3 L/yr - ₹14.8 L/yr
4 years  (42 salaries)

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₹3.6 L/yr - ₹12 L/yr
5 years  (39 salaries)

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₹4.8 L/yr - ₹14 L/yr
6 years  (35 salaries)

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₹3.7 L/yr - ₹11.5 L/yr
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Bajaj Allianz Life Insurance Assistant Manager Salary and Career Growth

From

To

Assistant Manager

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2 - 14 years exp.

Associate Vice President

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10 - 23 years exp.

Assistant Manager

2 - 14 years exp.
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Deputy Manager

1 - 16 years exp.
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arrow icon 33% hike

Manager

3 - 18 years exp.
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arrow icon 22% 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

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₹5 L/yr - ₹8.5 L/yr
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₹3.5 L/yr - ₹14.99 L/yr
Team Manager Salary
(13 salaries)
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₹3.3 L/yr - ₹12.77 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹12.2 L/yr - ₹15.5 L/yr
Branch Manager Salary
(134 salaries)
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₹4.5 L/yr - ₹12.85 L/yr
Deputy Manager Salary
(297 salaries)
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₹4.5 L/yr - ₹16.5 L/yr
Sales Manager Salary
(207 salaries)
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₹1.55 L/yr - ₹7 L/yr
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₹1.4 L/yr - ₹5 L/yr
Senior Officer Salary
(7 salaries)
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₹1.9 L/yr - ₹5.2 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 Assistant Manager

Strategic Business Planning Beverage Telemarketing Hiring Management
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Salary related reviews for Bajaj Allianz Life Insurance

3.7

Rated by 53 employees for salary & benefits

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.

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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

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Customer Success, Service & Operations Department

5.0
  •  posted on 08 Dec 2023

3.0
 for  Salary and Benefits

Likes

Every Thing is good culture seniors all things is good but in off roll employe salary not increase in 5 years that's the biggest concern for my side

read more
  • Skill development - Good
  • +3 more

Dislikes

Off Roll Employe salary not increase in 5 years that's the biggest concern for my side

read more

Information Technology Department

3.0
  •  posted on 04 Jul 2022

4.0
 for  Salary and Benefits

Likes

1.) Good Bonus/ Quarterly Incentives 2.) Quarterly Awards 3.) Good Team 4.) Good place to start the carrier 4.) will get chance to work across multiple partners/ Dept's

read more
  • Salary - Good
  • +2 more

Dislikes

1.) No work Life Balance 2.) No fixed timing 3.) Single digit / Low Increment

  • Work satisfaction - Poor
  • +2 more

Sales & Business Development Department

5.0
  •  posted on 11 Apr 2022

4.0
 for  Salary and Benefits

Likes

Overall work culture of the organisation is good and the management of the organisation is employee friendly

  • Salary - Good
  • +6 more

Dislikes

The only lacking point is that the organisation did not provide year on year salary hike until or unless someone did not achieve their yearly Targets.

read more
see more salary related reviews

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Bajaj Allianz Life Insurance Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Bajaj Allianz Life Insurance?
Assistant Manager salary at Bajaj Allianz Life Insurance in India ranges between ₹4.0 Lakhs to ₹13.6 Lakhs for experience between 2 years to 14 years. According to our estimates it is 5% less than the average Assistant Manager Salary in India. Salary estimates are based on 304 latest salaries received from various employees of Bajaj Allianz Life Insurance India.
How does the salary of a Assistant Manager at Bajaj Allianz Life Insurance India compare with the average salary range for this job?
The average salary of a Assistant Manager at Bajaj Allianz Life Insurance is 5% less than the average salary of a Assistant Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Assistant Manager at Bajaj Allianz Life Insurance?
Strategic Business Planning, Beverage, Telemarketing, Hiring and Management are some of the popular skills required to work as a Assistant Manager at Bajaj Allianz Life Insurance India.
Which similar companies are paying more than Bajaj Allianz Life Insurance to a Assistant Manager in India?
  • Allstate Assistant Manager Salary - ₹7.4 Lakhs to ₹42.0 Lakhs per year
  • Principal Global Services Assistant Manager Salary - ₹13.0 Lakhs to ₹21.0 Lakhs per year
  • AXA Assistant Manager Salary - ₹10.0 Lakhs to ₹25.0 Lakhs per year
  • United India Insurance Company Assistant Manager Salary - ₹7.0 Lakhs to ₹22.0 Lakhs per year
  • The New India Assurance Co. Assistant Manager Salary - ₹10.0 Lakhs to ₹19.0 Lakhs per year
What is the salary of a Assistant Manager in companies similar to Bajaj Allianz Life Insurance in India?
  • The Oriental Insurance Co. Assistant Manager Salary - ₹6.1 Lakhs to ₹18.0 Lakhs per year
  • First American Corporation Assistant Manager Salary - ₹7.0 Lakhs to ₹17.0 Lakhs per year
  • Gallagher Assistant Manager Salary - ₹6.5 Lakhs to ₹18.6 Lakhs per year
  • AIG Assistant Manager Salary - ₹5.0 Lakhs to ₹16.0 Lakhs per year
  • Tata AIA Life Insurance Assistant Manager Salary - ₹3.8 Lakhs to ₹14.0 Lakhs per year
What is the estimated take home salary of a Assistant Manager at Bajaj Allianz Life Insurance in India?
The estimated take-home salary of a Assistant Manager at Bajaj Allianz Life Insurance ranges between ₹59,223 per month to ₹60,718 per month in India. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance Assistant Manager salary in India which ranges between ₹4.0 Lakhs to ₹13.6 Lakhs per year for employees with experience between 2 years to 14 years. Check how did we calculate take home salary?
What is the notice period for Assistant Manager at Bajaj Allianz Life Insurance?
According to AmbitionBox, 57% of the Bajaj Allianz Life Insurance Assistant Managers reported a notice period of 3 Months, 20% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 217 responses on AmbitionBox in last 2 years.

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Bajaj Allianz Life Insurance Assistant Manager salary in India ranges between ₹4 Lakhs to ₹13.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 304 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.