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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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At par with 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. (51 salaries)
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₹3 L/yr - ₹12.3 L/yr

Customer Success, Service & Operations
Assistant Manager Salary
2 - 14 years exp. (51 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 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: 22 Mar 2025

Companies similar to Bajaj Allianz Life Insurance for Assistant Manager

Company name Avg Annual Salary Open Jobs
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₹2 L/yr - ₹4.8 L/yr

arrow icon 55% less
1 job opening
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Axis Max Life Insurance Assistant Manager Salary

0 - 10 years exp. (638 salaries)

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₹2 L/yr - ₹7.5 L/yr

arrow icon 48% less
16 job openings
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Tata AIA Life Insurance Assistant Manager Salary

2 - 17 years exp. (580 salaries)

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₹3.8 L/yr - ₹14 L/yr

arrow icon 9% more
31 job openings
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₹2.6 L/yr - ₹8.7 L/yr

arrow icon 39% less
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₹3 L/yr - ₹7.1 L/yr

arrow icon 35% less
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₹4 L/yr - ₹12 L/yr

arrow icon 10% less
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₹5.1 L/yr - ₹10.7 L/yr

arrow icon 3% less
2 job openings
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₹2 L/yr - ₹8.4 L/yr

arrow icon 47% less
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₹2.6 L/yr - ₹9.5 L/yr

arrow icon 30% less
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₹2.2 L/yr - ₹9.8 L/yr

arrow icon 30% 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 309 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: 22 Mar 2025

Experience Avg Annual Salary
2 years  (33 salaries)

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₹5 L/yr - ₹13.8 L/yr
3 years  (31 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 - ₹13 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 26% hike

Manager

3 - 18 years exp.
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arrow icon 25% 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
(15 salaries)
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₹2.16 L/yr - ₹11.11 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹12.2 L/yr - ₹15.5 L/yr
Branch Manager Salary
(126 salaries)
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₹4.5 L/yr - ₹12.85 L/yr
Deputy Manager Salary
(331 salaries)
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₹5 L/yr - ₹16.48 L/yr
Sales Manager Salary
(209 salaries)
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₹1.9 L/yr - ₹7 L/yr
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₹1.55 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
(46 salaries)
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₹1.8 L/yr - ₹7.25 L/yr

Top skills at Bajaj Allianz Life Insurance for Assistant Manager

Strategic Business Planning Beverage Telemarketing Hiring Management

Salary related reviews for Bajaj Allianz Life Insurance

3.8

Rated by 54 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

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  • Skill development - Good
  • +3 more

Dislikes

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

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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

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  • 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.

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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 ?
The average salary of a Assistant Manager at Bajaj Allianz Life Insurance in India typically ranges from ₹4.0 Lakhs to ₹13.6 Lakhs per year, depending on experience (from 2 years to 14 years).

The top 10% of Assistant Manager at Bajaj Allianz Life Insurance earn more than ₹10.3 Lakhs per year, and the top 1% earn over ₹14.3 Lakhs per year. Assistant 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 300+ Bajaj Allianz Life Insurance employees in India.
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 in India typically ranges from ₹59,996 to ₹61,512 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹13.6 Lakhs per year for employees with experience ranging from 2 years to 14 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 300+ salaries received from various employees of Bajaj Allianz Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Assistant Manager at Bajaj Allianz Life Insurance ?
To be a Assistant Manager at Bajaj Allianz Life Insurance in india, the key skills required include:

  • - Strategic Business Planning
  • - Beverage
  • - Telemarketing
  • - Hiring
  • - Management

These skills are highly valued at Bajaj Allianz Life Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Bajaj Allianz Life Insurance for Assistant Manager in India?
Allstate ₹7.4 Lakhs to ₹42.0 Lakhs per year
Principal Global Services ₹13.0 Lakhs to ₹21.0 Lakhs per year
AXA ₹10.0 Lakhs to ₹25.0 Lakhs per year
United India Insurance Company ₹7.0 Lakhs to ₹22.0 Lakhs per year
The New India Assurance Co. ₹10.0 Lakhs to ₹19.0 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 Assistant Manager in companies similar to Bajaj Allianz Life Insurance in India?
The salary of a Assistant 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:

The Oriental Insurance Co. ₹6.1 Lakhs to ₹18.0 Lakhs per year
First American Corporation ₹7.0 Lakhs to ₹17.0 Lakhs per year
Gallagher ₹6.5 Lakhs to ₹18.6 Lakhs per year
AIG ₹5.0 Lakhs to ₹16.0 Lakhs per year
Tata AIA Life Insurance ₹3.8 Lakhs to ₹14.0 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 Assistant Manager at Bajaj Allianz Life Insurance in India?
The salary growth for a Assistant Manager at Bajaj Allianz Life Insurance depends on factors such as experience, performance, and promotions. On average, a Assistant Manager can expect the following growth trajectory at Bajaj Allianz Life Insurance:

Experience Average Salary Range
2 years ₹5.0 Lakhs to ₹13.8 Lakhs per year
3 years ₹4.3 Lakhs to ₹14.8 Lakhs per year
4 years ₹3.6 Lakhs to ₹12.0 Lakhs per year
5 years ₹4.8 Lakhs to ₹14.0 Lakhs per year
and so on.

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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 309 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.