Bajaj Allianz Life Insurance Lucknow Branch Manager Salaries by 3 Employees (Updated 2025)

7 - 15 years exp.

₹8.3 Lakhs - ₹11.5 Lakhs

Low Confidence

Salary of majority employees

14% less than the average Branch Manager Salary in Insurance Companies for 7 - 15 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 13 years exp. (AmbitionBox Estimate)	₹8.4 L/yr - ₹11.5 L/yr
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Customer Success, Service & Operations Branch Manager Salary 7 years exp. (AmbitionBox Estimate)	₹8.3 L/yr - ₹9.8 L/yr

Last Updated: 21 Nov 2024

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

Bajaj Allianz Life Insurance Branch Manager Salary

7 - 15 years exp. (3 salaries)

₹8.3 L/yr - ₹11.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Branch Manager Salary 8 - 15 years exp. (11 salaries)	₹6 L/yr - ₹10.7 L/yr 3% more
ICICI Prudential Life Insurance Branch Manager Salary 5 - 16 years exp. (18 salaries)	₹7.3 L/yr - ₹16 L/yr 34% more
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Max Life Insurance Branch Manager Salary 8 - 18 years exp. (10 salaries)	₹7.5 L/yr - ₹12 L/yr 18% more	2 job openings
Tata AIA Life Insurance Branch Manager Salary 9 - 19 years exp. (8 salaries)	₹9.5 L/yr - ₹15.5 L/yr 32% more	30 job openings
Reliance Nippon Life Insurance Branch Manager Salary 8 - 19 years exp. (22 salaries)	₹4 L/yr - ₹9.5 L/yr 17% less	1 job opening
Aditya Birla Sun Life Insurance Branch Manager Salary 7 - 10 years exp. (4 salaries)	₹7 L/yr - ₹9.5 L/yr 4% less
Aditya Birla Health Insurance Co Branch Manager Salary 8 - 16 years exp. (4 salaries)	₹9 L/yr - ₹11 L/yr 1% less
Shriram Life Insurance Branch Manager Salary 10 - 15 years exp. (3 salaries)	₹4.5 L/yr - ₹7.5 L/yr 36% less	3 job openings
Tata AIG Branch Manager Salary 10 - 16 years exp. (3 salaries)	₹6.4 L/yr - ₹9.2 L/yr 5% less	1 job opening

Branch Manager salary at Bajaj Allianz Life Insurance ranges between ₹8.3 Lakhs to ₹11.5 Lakhs per year for employees with experience between 7 years to 15 years. Salary estimates are based on 3 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Experience wise Bajaj Allianz Life Insurance Branch Manager salaries in Lucknow

Last Updated: 21 Nov 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹15.1 L/yr
8 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.8 L/yr
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9 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹9.9 L/yr
10 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.1 L/yr
11 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.2 L/yr
12 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.4 L/yr
13 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹11.5 L/yr
14 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.7 L/yr
15+ years (AmbitionBox Estimate)	₹3.8 L/yr - ₹11.5 L/yr

View all

From

Branch Manager

₹

Lakhs/yr

7 - 18 years exp.

Chief Branch Manager

₹

Lakhs/yr

10 - 21 years exp.

Branch Manager 7 - 18 years exp.

Senior Branch Manager 9 - 21 years exp.

18% hike

Chief Branch Manager 10 - 21 years exp.

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

Senior Branch Manager Salary

(6 salaries)

₹8.5 L/yr - ₹11.25 L/yr

Area Manager Salary

(6 salaries)

₹7.1 L/yr - ₹13.5 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

3.0

Rated by 1 employees for salary & benefits

Cluster Manager in Kolkata

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.

Salary - Excellent

+3 more

Dislikes

Nothing as of now.

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

Business Development Manager in Bokaro

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.

Senior Relationship Manager in Hyderabad / Secunderabad

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.

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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Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Bajaj Allianz Life Insurance Branch Manager Salary FAQs

What is the notice period for Branch Manager at Bajaj Allianz Life Insurance in Lucknow?

According to AmbitionBox, 100% of the Bajaj Allianz Life Insurance Branch Managers in Lucknow reported a notice period of 2 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Bajaj Allianz Life Insurance Branch Manager Salaries in Lucknow

Bajaj Allianz Life Insurance Branch Manager salary in Lucknow ranges between ₹8.3 Lakhs to ₹11.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.