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

Annual salary range
0 - 13 years exp.
₹5.1 Lakhs - ₹10 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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Fixed (100%)
₹7.9 Lakhs
Variable (0%)
₹0.0
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49% less than the average Associate Manager Salary in Insurance Companies for 0 - 13 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting
Associate Manager Salary
8 - 12 years exp. (4 salaries)
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₹6.5 L/yr - ₹9.9 L/yr

Customer Success, Service & Operations
Associate Manager Salary
0 - 13 years exp. (3 salaries)
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₹5.1 L/yr - ₹10 L/yr

Data Science & Analytics
Associate Manager Salary
8 - 9 years exp. (AmbitionBox Estimate)
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₹8 L/yr - ₹9.4 L/yr

BFSI, Investments & Trading
Associate Manager Salary
7 years exp. (AmbitionBox Estimate)
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₹6.6 L/yr - ₹9.5 L/yr

Last Updated: 18 Mar 2025

Companies similar to Bajaj Allianz Life Insurance for Associate Manager

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

0 - 12 years exp. (826 salaries)

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₹2.5 L/yr - ₹7 L/yr

arrow icon 39% less
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₹2.3 L/yr - ₹6 L/yr

arrow icon 51% less
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Allstate Associate Manager Salary

11 - 20 years exp. (123 salaries)

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₹17.3 L/yr - ₹51.3 L/yr

arrow icon 342% more
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₹2 L/yr - ₹6 L/yr

arrow icon 53% less
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₹2.6 L/yr - ₹8.5 L/yr

arrow icon 38% less
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₹4 L/yr - ₹12.1 L/yr

arrow icon 3% more
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₹12.3 L/yr - ₹23.5 L/yr

arrow icon 152% more
2 job openings
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₹1.9 L/yr - ₹4.8 L/yr

arrow icon 54% less
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₹3 L/yr - ₹5.8 L/yr

arrow icon 46% less
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₹2.5 L/yr - ₹6.3 L/yr

arrow icon 53% less
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₹24 L/yr - ₹40 L/yr

arrow icon 280% more
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₹3.6 L/yr - ₹7.3 L/yr

arrow icon 29% less
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₹2.7 L/yr - ₹7.3 L/yr

arrow icon 33% less
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Gallagher Associate Manager Salary

11 - 12 years exp. (4 salaries)

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₹16 L/yr - ₹22 L/yr

arrow icon 130% more
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Tata AIG Associate Manager Salary

0 - 13 years exp. (4 salaries)

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₹2.8 L/yr - ₹7 L/yr

arrow icon 42% less
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₹2.7 L/yr - ₹5.8 L/yr

arrow icon 45% less
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₹4.3 L/yr - ₹6 L/yr

arrow icon 33% less
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AXA Associate Manager Salary

8 - 10 years exp. (3 salaries)

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₹8.4 L/yr - ₹13.5 L/yr

arrow icon 47% more
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₹2.4 L/yr - ₹7.8 L/yr

arrow icon 27% less
Associate Manager salary at Bajaj Allianz Life Insurance ranges between ₹5.1 Lakhs to ₹10 Lakhs per year for employees with less than 1 year of experience to 13 years. Salary estimates are based on 10 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Latest annual salaries shared by Bajaj Allianz Life Insurance Associate Manager

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7 years exp.
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9 years exp.

Experience wise Bajaj Allianz Life Insurance Associate Manager salaries

Last Updated: 18 Mar 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹3.7 L/yr - ₹10 L/yr
1 year (AmbitionBox Estimate)

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₹8.1 L/yr - ₹10.3 L/yr
2 years (AmbitionBox Estimate)

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₹7.9 L/yr - ₹10.1 L/yr
3 years (AmbitionBox Estimate)

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₹7.7 L/yr - ₹9.9 L/yr
4 years (AmbitionBox Estimate)

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₹7.5 L/yr - ₹9.6 L/yr
View all

Similar Designation salaries in Bajaj Allianz Life Insurance

Project Manager Salary
(64 salaries)
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₹6.6 L/yr - ₹18.5 L/yr
Technical Manager Salary
(AmbitionBox Estimate)
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₹15.3 L/yr - ₹19.5 L/yr
Associate Consultant Salary
(AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr
Project Lead Salary
(AmbitionBox Estimate)
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₹20.7 L/yr - ₹26.5 L/yr
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₹3.12 L/yr - ₹7.5 L/yr
Test Lead Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr
Technical Lead Salary
(3 salaries)
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₹11.1 L/yr - ₹13.1 L/yr
Senior Engineer Salary
(AmbitionBox Estimate)
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₹6.3 L/yr - ₹8 L/yr
Team Lead Salary
(46 salaries)
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₹1.8 L/yr - ₹7.25 L/yr
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₹3 L/yr - ₹5.5 L/yr

Salary related reviews for Bajaj Allianz Life Insurance

5.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 18 Mar 2025

5.0
 for  Salary and Benefits

Likes

In bajaj salary credit on time always.

  • Salary - Excellent

Dislikes

In Bajaj there is no upgrade in ur role and responsibilities and no one want to upgrade your. No extra skill learning activities done. As relevant work of ur role.

read more
  • Job security - Poor

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 17 Mar 2025

1.0
 for  Salary and Benefits

Likes

No comments

Dislikes

Not getting salary on time, bad Area manger, bad HR, Always getting negative reviews no matter how much efforts we are giving . No support from highers ups. Getting too much calls and VC even on holidays. Still didn't got experience letter.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 04 Mar 2025

1.0
 for  Salary and Benefits

Likes

Nothing is there to like to this company...

Dislikes

Here there is no system for credit the salary and it's based on Manager's wish . If Manager wants to hold the salary, he can without any reason also... So Bajaj is not better choice for who works harldy with honesty....

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 31 Jan 2025

5.0
 for  Salary and Benefits

Likes

The salary and perks offered to employees are excellent, and the work ethics are truly commendable . You won't regret your decision to work here. There is no favoritism and the management is outstanding.

read more
  • Salary - Excellent
  • +6 more

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 29 Jan 2025

5.0
 for  Salary and Benefits

Likes

Balic is a good company to work .. balic has given my carrier high..

  • Salary - Excellent
  • +6 more

Dislikes

...e centricity balic does not look even after Work hard and good work for balic .. company does not increase no salary as per expectations.

read more
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Bajaj Allianz Life Insurance Associate Manager Salary FAQs

What is the salary of Associate Manager at Bajaj Allianz Life Insurance ?
The average salary of a Associate Manager at Bajaj Allianz Life Insurance in India typically ranges from ₹5.1 Lakhs to ₹10.0 Lakhs per year, depending on experience (from Fresher to 13 years).

The top 10% of Associate Manager at Bajaj Allianz Life Insurance earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. Associate 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 10 Bajaj Allianz Life Insurance employees in India.
What is the estimated take home salary of a Associate Manager at Bajaj Allianz Life Insurance in India?
The estimated take-home salary of a Associate Manager at Bajaj Allianz Life Insurance in India typically ranges from ₹58,097 to ₹59,560 per month. This is based on the average salary range of ₹5.1 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from Fresher to 13 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 10 salaries received from various employees of Bajaj Allianz Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Bajaj Allianz Life Insurance for Associate Manager in India?
Allstate ₹17.3 Lakhs to ₹51.3 Lakhs per year
First American Corporation ₹24.0 Lakhs to ₹40.0 Lakhs per year
Principal Global Services ₹12.3 Lakhs to ₹23.5 Lakhs per year
Gallagher ₹16.0 Lakhs to ₹22.0 Lakhs per year
AXA ₹8.4 Lakhs to ₹13.5 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 Associate Manager in companies similar to Bajaj Allianz Life Insurance in India?
The salary of a Associate 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:

ICICI Lombard General Insurance Company ₹4.0 Lakhs to ₹12.1 Lakhs per year
Star Health & Allied Insurance ₹2.4 Lakhs to ₹7.8 Lakhs per year
Bajaj Allianz General Insurance ₹3.6 Lakhs to ₹7.3 Lakhs per year
Reliance Nippon Life Insurance ₹4.3 Lakhs to ₹6.0 Lakhs per year
Tata AIA Life Insurance ₹2.7 Lakhs to ₹7.3 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 Associate Manager at Bajaj Allianz Life Insurance in India?
The salary growth for a Associate Manager at Bajaj Allianz Life Insurance depends on factors such as experience, performance, and promotions. On average, a Associate Manager can expect the following growth trajectory at Bajaj Allianz Life Insurance:

Experience Average Salary Range
Fresher ₹3.7 Lakhs to ₹10.0 Lakhs per year
1 year ₹8.1 Lakhs to ₹10.3 Lakhs per year
2 years ₹7.9 Lakhs to ₹10.1 Lakhs per year
3 years ₹7.7 Lakhs to ₹9.9 Lakhs per year
and so on.

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Bajaj Allianz Life Insurance Associate Manager salary in India ranges between ₹5.1 Lakhs to ₹10 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 10 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.