Bajaj Allianz Life Insurance Mumbai Assistant Manager Salaries by 50+ Employees (Updated 2024)

2 - 14 years exp.

₹4 Lakhs - ₹11.8 Lakhs

Salary of majority employees

11% less than the average Assistant Manager Salary in Insurance Companies for 2 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager Salary 2 - 10 years exp. (17 salaries)	₹4 L/yr - ₹10 L/yr
Customer Success, Service & Operations Assistant Manager Salary 5 - 14 years exp. (9 salaries)	₹5.3 L/yr - ₹11.3 L/yr
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Finance & Accounting Assistant Manager Salary 2 - 6 years exp. (5 salaries)	₹7.5 L/yr - ₹11.8 L/yr
Human Resources Assistant Manager Salary 3 - 5 years exp. (5 salaries)	₹5.7 L/yr - ₹7.5 L/yr
Sales & Business Development Assistant Manager Salary 3 - 9 years exp. (4 salaries)	₹6.5 L/yr - ₹7.8 L/yr

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Last Updated: 17 Dec 2024

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

Bajaj Allianz Life Insurance Assistant Manager Salary

2 - 14 years exp. (57 salaries)

₹4 L/yr - ₹11.8 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Assistant Manager Salary 1 - 9 years exp. (78 salaries)	₹2.9 L/yr - ₹7.5 L/yr 35% less
ICICI Prudential Life Insurance Assistant Manager Salary 1 - 13 years exp. (244 salaries)	₹3 L/yr - ₹7 L/yr 27% less
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SBI Life Insurance Company Assistant Manager Salary 0 - 15 years exp. (204 salaries)	₹4 L/yr - ₹11 L/yr 1% more
Max Life Insurance Assistant Manager Salary 0 - 10 years exp. (71 salaries)	₹2.2 L/yr - ₹7.5 L/yr 41% less	18 job openings
Kotak Mahindara Life Insurance Assistant Manager Salary 0 - 7 years exp. (381 salaries)	₹2 L/yr - ₹4.8 L/yr 50% less	1 job opening
Tata AIA Life Insurance Assistant Manager Salary 2 - 17 years exp. (309 salaries)	₹5 L/yr - ₹18 L/yr 41% more	59 job openings
Aditya Birla Health Insurance Co Assistant Manager Salary 0 - 9 years exp. (213 salaries)	₹2.4 L/yr - ₹10 L/yr 22% less
Aditya Birla Sun Life Insurance Assistant Manager Salary 0 - 10 years exp. (143 salaries)	₹1.9 L/yr - ₹6.2 L/yr 39% less
HDFC Ergo General Insurance Assistant Manager Salary 1 - 11 years exp. (110 salaries)	₹2.9 L/yr - ₹7.3 L/yr 33% less
SBI General Insurance Assistant Manager Salary 0 - 10 years exp. (75 salaries)	₹3.2 L/yr - ₹9 L/yr 38% less
Reliance Nippon Life Insurance Assistant Manager Salary 2 - 13 years exp. (67 salaries)	₹2.5 L/yr - ₹7 L/yr 44% less
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PNB MetLife Assistant Manager Salary 2 - 12 years exp. (60 salaries)	₹2.5 L/yr - ₹8 L/yr 28% less
ICICI Lombard General Insurance Company Assistant Manager Salary 2 - 10 years exp. (24 salaries)	₹3 L/yr - ₹9.3 L/yr 19% less
Star Health & Allied Insurance Assistant Manager Salary 3 - 11 years exp. (24 salaries)	₹3 L/yr - ₹8 L/yr 31% less
Marsh Assistant Manager Salary 0 - 6 years exp. (23 salaries)	₹6 L/yr - ₹20 L/yr 71% more
AON Global Insurance Brokers Assistant Manager Salary 1 - 10 years exp. (7 salaries)	₹5 L/yr - ₹8.5 L/yr 13% less
The New India Assurance Co. Assistant Manager Salary 5 - 9 years exp. (7 salaries)	₹7 L/yr - ₹18 L/yr 115% more
Life Insurance Corporation of India Assistant Manager Salary 5 - 10 years exp. (5 salaries)	₹3.4 L/yr - ₹8 L/yr 10% less
United India Insurance Company Assistant Manager Salary 6 - 12 years exp. (5 salaries)	₹11 L/yr - ₹19 L/yr 126% more
The Oriental Insurance Co. Assistant Manager Salary 3 - 9 years exp. (4 salaries)	₹9 L/yr - ₹15.5 L/yr 76% more

Assistant Manager salary at Bajaj Allianz Life Insurance ranges between ₹4 Lakhs to ₹11.8 Lakhs per year for employees with experience between 2 years to 14 years. Salary estimates are based on 57 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Experience wise Bajaj Allianz Life Insurance Assistant Manager salaries in Mumbai

Last Updated: 17 Dec 2024

Experience	Avg Annual Salary
2 years (5 salaries)	₹6 L/yr - ₹8.9 L/yr
3 years (8 salaries)	₹5 L/yr - ₹8.9 L/yr
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4 years (12 salaries)	₹4.2 L/yr - ₹11.8 L/yr
5 years (9 salaries)	₹6 L/yr - ₹11.5 L/yr
6 years (6 salaries)	₹5.7 L/yr - ₹8 L/yr
7 years (5 salaries)	₹5.4 L/yr - ₹7.5 L/yr
8 years (5 salaries)	₹5.3 L/yr - ₹10 L/yr
9 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹11.3 L/yr
10 years (3 salaries)	₹4 L/yr - ₹12.8 L/yr
11 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
12 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
13 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹7.5 L/yr
14 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹8.3 L/yr

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Similar Designation salaries in Bajaj Allianz Life Insurance

Deputy Manager Salary

(70 salaries)

₹5 L/yr - ₹16 L/yr

Relationship Manager Salary

(51 salaries)

₹1.8 L/yr - ₹4.5 L/yr

Sales Manager Salary

(19 salaries)

₹2.4 L/yr - ₹5 L/yr

Branch Manager Salary

(15 salaries)

₹5.1 L/yr - ₹12 L/yr

Operations Manager Salary

(3 salaries)

₹5 L/yr - ₹13.5 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

4.3

Rated by 4 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.

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

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

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

Dislikes

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

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

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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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Bajaj Allianz Life Insurance Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Bajaj Allianz Life Insurance Mumbai?

Assistant Manager salary at Bajaj Allianz Life Insurance in Mumbai ranges between ₹4.0 Lakhs to ₹11.8 Lakhs for experience between 2 years to 14 years. According to our estimates it is 11% less than the average Assistant Manager Salary in India. Salary estimates are based on 57 latest salaries received from various employees of Bajaj Allianz Life Insurance Mumbai.

How does the salary of a Assistant Manager at Bajaj Allianz Life Insurance Mumbai 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 Mumbai. 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 Mumbai.

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

United India Insurance Company Assistant Manager Salary - ₹11.0 Lakhs to ₹19.0 Lakhs per year
The New India Assurance Co. Assistant Manager Salary - ₹7.0 Lakhs to ₹18.0 Lakhs per year
The Oriental Insurance Co. Assistant Manager Salary - ₹9.0 Lakhs to ₹15.5 Lakhs per year
Marsh Assistant Manager Salary - ₹6.0 Lakhs to ₹20.0 Lakhs per year
Tata AIA Life Insurance Assistant Manager Salary - ₹5.0 Lakhs to ₹18.0 Lakhs per year

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

SBI Life Insurance Company Assistant Manager Salary - ₹4.0 Lakhs to ₹11.0 Lakhs per year
Life Insurance Corporation of India Assistant Manager Salary - ₹3.4 Lakhs to ₹8.0 Lakhs per year
AON Global Insurance Brokers Assistant Manager Salary - ₹5.0 Lakhs to ₹8.5 Lakhs per year
ICICI Lombard General Insurance Company Assistant Manager Salary - ₹3.0 Lakhs to ₹9.3 Lakhs per year
Aditya Birla Health Insurance Co Assistant Manager Salary - ₹2.4 Lakhs to ₹10.0 Lakhs per year

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

The estimated take-home salary of a Assistant Manager at Bajaj Allianz Life Insurance ranges between ₹54,425 per month to ₹55,785 per month in Mumbai. 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 ₹11.8 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 in Mumbai?

According to AmbitionBox, 66% of the Bajaj Allianz Life Insurance Assistant Managers in Mumbai reported a notice period of 3 Months, 17% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 29 responses on AmbitionBox in last 2 years.

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Bajaj Allianz Life Insurance Assistant Manager Salaries in Mumbai

Bajaj Allianz Life Insurance Assistant Manager salary in Mumbai ranges between ₹4 Lakhs to ₹11.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 57 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.

Bajaj Allianz Life Insurance Assistant Manager salaries in Mumbai

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

Latest annual salaries shared by Bajaj Allianz Life Insurance Assistant Manager in Mumbai

Experience wise Bajaj Allianz Life Insurance Assistant Manager salaries in Mumbai

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

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