Bajaj Allianz Life Insurance Bangalore / Bengaluru Assistant Manager Salaries by 9 Employees (Updated 2025)

2 - 11 years exp.

₹4.2 Lakhs - ₹9 Lakhs

Salary of majority employees

11% less than the average Assistant Manager Salary in Insurance Companies for 2 - 11 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Data Science & Analytics Assistant Manager Salary 5 - 10 years exp. (4 salaries)	₹6 L/yr - ₹8 L/yr
BFSI, Investments & Trading Assistant Manager Salary 5 - 11 years exp. (3 salaries)	₹4.2 L/yr - ₹8.3 L/yr
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Finance & Accounting Assistant Manager Salary 2 years exp. (AmbitionBox Estimate)	₹8 L/yr - ₹8.6 L/yr
Administration & Facilities Assistant Manager Salary 9 years exp. (AmbitionBox Estimate)	₹7.1 L/yr - ₹9 L/yr

Last Updated: 9 Apr 2024

Companies similar to Bajaj Allianz Life Insurance for Assistant Manager in Bangalore / Bengaluru

Bajaj Allianz Life Insurance Assistant Manager Salary

2 - 11 years exp. (9 salaries)

₹4.2 L/yr - ₹9 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Assistant Manager Salary 1 - 9 years exp. (56 salaries)	₹3.2 L/yr - ₹6.8 L/yr 32% less
ICICI Prudential Life Insurance Assistant Manager Salary 1 - 10 years exp. (37 salaries)	₹4.2 L/yr - ₹6.8 L/yr 30% less
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SBI Life Insurance Company Assistant Manager Salary 0 - 11 years exp. (26 salaries)	₹5.2 L/yr - ₹10.5 L/yr 1% more
Max Life Insurance Assistant Manager Salary 0 - 11 years exp. (62 salaries)	₹2.5 L/yr - ₹6 L/yr 43% less	9 job openings
Kotak Mahindara Life Insurance Assistant Manager Salary 0 - 7 years exp. (63 salaries)	₹2.1 L/yr - ₹4.6 L/yr 52% less	3 job openings
AIG Assistant Manager Salary 8 - 14 years exp. (49 salaries)	₹6.6 L/yr - ₹15.6 L/yr 52% more
Aditya Birla Sun Life Insurance Assistant Manager Salary 1 - 10 years exp. (30 salaries)	₹3 L/yr - ₹6 L/yr 43% less
First American Corporation Assistant Manager Salary 10 - 19 years exp. (28 salaries)	₹9.4 L/yr - ₹17 L/yr 69% more
Aditya Birla Health Insurance Co Assistant Manager Salary 1 - 9 years exp. (24 salaries)	₹3.2 L/yr - ₹8 L/yr 26% less
Tata AIA Life Insurance Assistant Manager Salary 2 - 13 years exp. (21 salaries)	₹4.5 L/yr - ₹9 L/yr 6% more	55 job openings
Bajaj Allianz General Insurance Assistant Manager Salary 1 - 13 years exp. (14 salaries)	₹4 L/yr - ₹10 L/yr 4% more	4 job openings
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United India Insurance Company Assistant Manager Salary 7 - 11 years exp. (9 salaries)	₹10 L/yr - ₹26 L/yr 153% more
The New India Assurance Co. Assistant Manager Salary 7 - 9 years exp. (6 salaries)	₹10.5 L/yr - ₹19 L/yr 104% more
AXA Assistant Manager Salary 2 - 6 years exp. (6 salaries)	₹14 L/yr - ₹25 L/yr 124% more
Gallagher Assistant Manager Salary 6 - 11 years exp. (5 salaries)	₹7.5 L/yr - ₹13 L/yr 51% more
PNB MetLife Assistant Manager Salary 6 - 9 years exp. (5 salaries)	₹4.3 L/yr - ₹6.1 L/yr 41% less	3 job openings
Reliance Nippon Life Insurance Assistant Manager Salary 3 - 9 years exp. (4 salaries)	₹2.5 L/yr - ₹5 L/yr 46% less
ICICI Lombard General Insurance Company Assistant Manager Salary 3 - 11 years exp. (4 salaries)	₹5 L/yr - ₹9.5 L/yr 9% less
Aditya Birla Insurance Brokers Assistant Manager Salary 4 - 10 years exp. (4 salaries)	₹5.2 L/yr - ₹7 L/yr 22% less
Allianz Assistant Manager Salary 8 - 11 years exp. (3 salaries)	₹7.4 L/yr - ₹8 L/yr 1% less

Assistant Manager salary at Bajaj Allianz Life Insurance ranges between ₹4.2 Lakhs to ₹9 Lakhs per year for employees with experience between 2 years to 11 years. Salary estimates are based on 9 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Experience wise Bajaj Allianz Life Insurance Assistant Manager salaries in Bangalore / Bengaluru

Last Updated: 9 Apr 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹8 L/yr
3 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr
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4 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9 L/yr
5 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹14 L/yr
6 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹13.9 L/yr
7 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr
8 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
9 years (AmbitionBox Estimate)	₹6 L/yr - ₹9 L/yr
10 years (AmbitionBox Estimate)	₹6 L/yr - ₹13.4 L/yr
11 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹8.3 L/yr

View all

From

Assistant Manager

₹

Lakhs/yr

2 - 14 years exp.

Associate Vice President

₹

Lakhs/yr

10 - 20 years exp.

Assistant Manager 2 - 14 years exp.

Deputy Manager 1 - 16 years exp.

36% hike

Manager 3 - 18 years exp.

22% hike

Similar Designation salaries in Bajaj Allianz Life Insurance

Relationship Manager Salary

(52 salaries)

₹2.2 L/yr - ₹4 L/yr

Deputy Manager Salary

(12 salaries)

₹6 L/yr - ₹15.5 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

5.0

Rated by 1 employees for salary & benefits

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

Operations Executive in Jamui

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

Skill development - Good

+3 more

Dislikes

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

Team Manager in Pune

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

Salary - Good

+2 more

Dislikes

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

Work satisfaction - Poor

+2 more

Relationship Manager in Jaipur

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.

see more salary related reviews

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Bajaj Allianz Life Insurance Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Bajaj Allianz Life Insurance Bangalore / Bengaluru?

Assistant Manager salary at Bajaj Allianz Life Insurance in Bangalore / Bengaluru ranges between ₹4.2 Lakhs to ₹9.0 Lakhs for experience between 2 years to 11 years. According to our estimates it is 11% less than the average Assistant Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Bajaj Allianz Life Insurance Bangalore / Bengaluru.

How does the salary of a Assistant Manager at Bajaj Allianz Life Insurance Bangalore / Bengaluru compare with the average salary range for this job?

The average salary of a Assistant Manager at Bajaj Allianz Life Insurance is 11% less than the average salary of a Assistant Manager in Bangalore / Bengaluru. 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 Bangalore / Bengaluru.

Which similar companies are paying more than Bajaj Allianz Life Insurance to a Assistant Manager in Bangalore / Bengaluru?

United India Insurance Company Assistant Manager Salary - ₹10.0 Lakhs to ₹26.0 Lakhs per year
AXA Assistant Manager Salary - ₹14.0 Lakhs to ₹25.0 Lakhs per year
The New India Assurance Co. Assistant Manager Salary - ₹10.5 Lakhs to ₹19.0 Lakhs per year
First American Corporation Assistant Manager Salary - ₹9.4 Lakhs to ₹17.0 Lakhs per year
AIG Assistant Manager Salary - ₹6.6 Lakhs to ₹15.6 Lakhs per year

What is the salary of a Assistant Manager in companies similar to Bajaj Allianz Life Insurance in Bangalore / Bengaluru?

Gallagher Assistant Manager Salary - ₹7.5 Lakhs to ₹13.0 Lakhs per year
Tata AIA Life Insurance Assistant Manager Salary - ₹4.5 Lakhs to ₹9.0 Lakhs per year
Bajaj Allianz General Insurance Assistant Manager Salary - ₹4.0 Lakhs to ₹10.0 Lakhs per year
SBI Life Insurance Company Assistant Manager Salary - ₹5.2 Lakhs to ₹10.5 Lakhs per year
Allianz Assistant Manager Salary - ₹7.4 Lakhs to ₹8.0 Lakhs per year

What is the estimated take home salary of a Assistant Manager at Bajaj Allianz Life Insurance in Bangalore / Bengaluru?

The estimated take-home salary of a Assistant Manager at Bajaj Allianz Life Insurance ranges between ₹56,181 per month to ₹57,590 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance Assistant Manager salary in India which ranges between ₹4.2 Lakhs to ₹9.0 Lakhs per year for employees with experience between 2 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager at Bajaj Allianz Life Insurance in Bangalore / Bengaluru?

According to AmbitionBox, 40% of the Bajaj Allianz Life Insurance Assistant Managers in Bangalore / Bengaluru reported a notice period of 3 Months, 20% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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Bajaj Allianz Life Insurance Assistant Manager Salaries in Bangalore / Bengaluru

Bajaj Allianz Life Insurance Assistant Manager salary in Bangalore / Bengaluru ranges between ₹4.2 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.

Bajaj Allianz Life Insurance Assistant Manager salaries in Bangalore / Bengaluru

Companies similar to Bajaj Allianz Life Insurance for Assistant Manager in Bangalore / Bengaluru

Latest annual salaries shared by Bajaj Allianz Life Insurance Assistant Manager in Bangalore / Bengaluru

Experience wise Bajaj Allianz Life Insurance Assistant Manager salaries in Bangalore / Bengaluru

Similar Designation salaries in Bajaj Allianz Life Insurance

Top skills at Bajaj Allianz Life Insurance for Assistant Manager

Salary related reviews for Bajaj Allianz Life Insurance

Relationship Manager in Bangalore / Bengaluru

Sales Manager in New Delhi

Operations Executive in Jamui

Team Manager in Pune

Relationship Manager in Jaipur

Bajaj Allianz Life Insurance Assistant Manager Salary FAQs

Tell us how to improve this page.