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Bajaj Allianz Life Insurance Branch Manager salaries in Chandigarh

Annual salary range
8 - 19 years exp.
₹6 Lakhs - ₹13.5 Lakhs
Salary of majority employees
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22% less than the average Branch Manager Salary in Insurance Companies for 8 - 19 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Branch Manager Salary
8 - 18 years exp. (AmbitionBox Estimate)
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₹6 L/yr - ₹13.5 L/yr

Sales & Business Development
Branch Manager Salary
14 - 19 years exp. (AmbitionBox Estimate)
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₹8 L/yr - ₹11 L/yr

Last Updated: 2 May 2024

Companies similar to Bajaj Allianz Life Insurance for Branch Manager in Chandigarh

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Bajaj Allianz Life Insurance Branch Manager Salary

8 - 19 years exp. (4 salaries)

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₹6 L/yr - ₹13.5 L/yr

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₹7.5 L/yr - ₹12 L/yr

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₹8.1 L/yr - ₹9 L/yr

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Branch Manager salary at Bajaj Allianz Life Insurance ranges between ₹6 Lakhs to ₹13.5 Lakhs per year for employees with experience between 8 years to 19 years. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Latest annual salaries shared by Bajaj Allianz Life Insurance Branch Manager in Chandigarh

10mo ago
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8 years exp.
1y ago
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14 years exp.
1y ago
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18 years exp.
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19 years exp.

Experience wise Bajaj Allianz Life Insurance Branch Manager salaries in Chandigarh

Last Updated: 2 May 2024

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

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₹6 L/yr - ₹16.3 L/yr
9 years (AmbitionBox Estimate)

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₹8.2 L/yr - ₹10.5 L/yr
10 years (AmbitionBox Estimate)

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₹8.3 L/yr - ₹10.6 L/yr
11 years (AmbitionBox Estimate)

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₹8.4 L/yr - ₹10.8 L/yr
12 years (AmbitionBox Estimate)

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₹8.5 L/yr - ₹10.9 L/yr
View all
Bajaj Allianz Life Insurance Branch Manager Salary and Career Growth

From

To

Branch Manager

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7 - 20 years exp.

Chief Branch Manager

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10 - 21 years exp.

Branch Manager 7 - 20 years exp.
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Senior Branch Manager 9 - 21 years exp.
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arrow icon 16% hike
    Chief Branch Manager 10 - 21 years exp.
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    arrow icon 31% 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

    unlock blur
    ₹10.14 L/yr - ₹12.5 L/yr
    unlock blur
    ₹3.5 L/yr - ₹3.57 L/yr
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    ₹4 L/yr - ₹4.04 L/yr

    Top skills at Bajaj Allianz Life Insurance for Branch Manager

    Life Insurance Team Handling Sales Team Management Agency Channel Insurance Branch Management Agency Management Recruitment Agency Sales Team Handling Life Insurance Direct Sales Marketing Agency Sales

    Salary related reviews for Bajaj Allianz Life Insurance

    2.0

    Rated by 1 employees for salary & benefits

    Full Time

     · 

    BFSI, Investments & Trading Department

    5.0
      •  posted on 08 Jan 2025

    5.0
     for  Salary and Benefits

    Likes

    The environment is good, as well as the pay package; which is very good. There's a lot of scope of learning here in the industry. Management is a bit clueless and less emotionally oriented but overall it's a good place or organisation to work for or work in. Good amount of promotions are there, trips national or international they have all to keep their people happy and motivated.

    read more
    • Salary - Excellent
    • +3 more

    Dislikes

    Nothing as of now.

    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.

    read more

    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

     · 

    BFSI, Investments & Trading Department

    4.0
      •  posted on 16 Nov 2023

    5.0
     for  Salary and Benefits

    Likes

    Good salary, nice incentive structure and promotion structure

    • Salary - Excellent
    • +4 more

    Dislikes

    No proper training , no support in business hence we lack in aquaring business as compared to Max life insurance aur competitors in axis bank channel.

    read more

    Full Time

     · 

    BFSI, Investments & Trading Department

    4.0
      •  posted on 25 Jun 2023

    5.0
     for  Salary and Benefits

    Likes

    One of the best company to work and earn money , we can earn more incentives than salary, overall this is the best company in all insurance sectors.

    read more
    • Salary - Excellent
    • +6 more

    Dislikes

    In banca channel, the company heads and co-heads has to interact with the bankers for freshers encouragement

    see more salary related reviews

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    Bajaj Allianz Life Insurance Branch Manager Salary FAQs

    What is the salary of Branch Manager at Bajaj Allianz Life Insurance Chandigarh?
    Branch Manager salary at Bajaj Allianz Life Insurance in Chandigarh ranges between ₹6.0 Lakhs to ₹13.5 Lakhs for experience between 8 years to 19 years. According to our estimates it is 22% less than the average Branch Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Allianz Life Insurance Chandigarh.
    How does the salary of a Branch Manager at Bajaj Allianz Life Insurance Chandigarh compare with the average salary range for this job?
    The average salary of a Branch Manager at Bajaj Allianz Life Insurance is 22% less than the average salary of a Branch Manager in Chandigarh. To know exact salary insights, login to view.
    What are the top skills required to work as a Branch Manager at Bajaj Allianz Life Insurance?
    Life Insurance, Team Handling, Sales, Team Management and Agency Channel are some of the popular skills required to work as a Branch Manager at Bajaj Allianz Life Insurance Chandigarh.
    Which similar companies are paying more than Bajaj Allianz Life Insurance to a Branch Manager in Chandigarh?
    • ICICI Prudential Life Insurance Branch Manager Salary - ₹8.2 Lakhs to ₹14.8 Lakhs per year
    What is the salary of a Branch Manager in companies similar to Bajaj Allianz Life Insurance in Chandigarh?
    • Kotak Mahindara Life Insurance Branch Manager Salary - ₹8.3 Lakhs to ₹11.0 Lakhs per year
    • HDFC Ergo General Insurance Branch Manager Salary - ₹7.3 Lakhs to ₹11.6 Lakhs per year
    • Niva Bupa Health Insurance Company Branch Manager Salary - ₹8.0 Lakhs to ₹11.3 Lakhs per year
    • ICICI Lombard General Insurance Company Branch Manager Salary - ₹7.5 Lakhs to ₹12.0 Lakhs per year
    • Tata AIG Branch Manager Salary - ₹8.1 Lakhs to ₹9.0 Lakhs per year
    What is the estimated take home salary of a Branch Manager at Bajaj Allianz Life Insurance in Chandigarh?
    The estimated take-home salary of a Branch Manager at Bajaj Allianz Life Insurance ranges between ₹69,527 per month to ₹71,314 per month in Chandigarh. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance Branch Manager salary in India which ranges between ₹6.0 Lakhs to ₹13.5 Lakhs per year for employees with experience between 8 years to 19 years. Check how did we calculate take home salary?
    What is the notice period for Branch Manager at Bajaj Allianz Life Insurance in Chandigarh?
    According to AmbitionBox, 50% of the Bajaj Allianz Life Insurance Branch Managers in Chandigarh reported a notice period of 15 days or less, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

    Tell us how to improve this page.

    Bajaj Allianz Life Insurance Branch Manager salary in Chandigarh ranges between ₹6 Lakhs to ₹13.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.