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

Annual salary range
7 - 21 years exp.
₹12.5 Lakhs - ₹37.8 Lakhs
Salary of majority employees
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16% more than the average Chief Manager Salary in Insurance Companies for 7 - 21 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Chief Manager Salary
7 - 21 years exp. (16 salaries)
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₹19.7 L/yr - ₹37 L/yr

Project & Program Management
Chief Manager Salary
7 - 19 years exp. (7 salaries)
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₹26 L/yr - ₹33 L/yr

Product Management
Chief Manager Salary
7 - 18 years exp. (5 salaries)
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₹20.7 L/yr - ₹26 L/yr

Customer Success, Service & Operations
Chief Manager Salary
13 - 21 years exp. (4 salaries)
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₹18 L/yr - ₹25.4 L/yr

Strategic & Top Management
Chief Manager Salary
9 - 11 years exp. (4 salaries)
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₹21.3 L/yr - ₹37.8 L/yr

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Last Updated: 24 Feb 2025

Companies similar to Bajaj Allianz Life Insurance for Chief Manager

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

5 - 20 years exp. (203 salaries)

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₹11.1 L/yr - ₹33.1 L/yr

arrow icon 13% less
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₹14.5 L/yr - ₹40 L/yr

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₹17 L/yr - ₹40 L/yr

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Axis Max Life Insurance Chief Manager Salary

13 - 20 years exp. (134 salaries)

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₹11.9 L/yr - ₹31.8 L/yr

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2 job openings
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₹5 L/yr - ₹18.5 L/yr

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₹9.5 L/yr - ₹22 L/yr

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Tata AIG Chief Manager Salary

1 - 14 years exp. (274 salaries)

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₹8.8 L/yr - ₹24 L/yr

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₹7 L/yr - ₹24 L/yr

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₹13.3 L/yr - ₹36.6 L/yr

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₹12 L/yr - ₹38 L/yr

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PNB MetLife Chief Manager Salary

6 - 16 years exp. (55 salaries)

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₹14 L/yr - ₹30.6 L/yr

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1 job opening
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₹5.3 L/yr - ₹23 L/yr

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₹10.3 L/yr - ₹30.6 L/yr

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₹8 L/yr - ₹25 L/yr

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₹20.8 L/yr - ₹26 L/yr

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Gallagher Chief Manager Salary

7 - 13 years exp. (3 salaries)

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₹15 L/yr - ₹17.5 L/yr

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Chief Manager salary at Bajaj Allianz Life Insurance ranges between ₹12.5 Lakhs to ₹37.8 Lakhs per year for employees with experience between 7 years to 21 years. Salary estimates are based on 59 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Latest annual salaries shared by Bajaj Allianz Life Insurance Chief Manager

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Experience wise Bajaj Allianz Life Insurance Chief Manager salaries

Last Updated: 24 Feb 2025

Experience Avg Annual Salary
7 years  (4 salaries)

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₹20.7 L/yr - ₹32 L/yr
8 years  (3 salaries)

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₹24.5 L/yr - ₹48.8 L/yr
9 years  (5 salaries)

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₹24 L/yr - ₹32 L/yr
10 years  (6 salaries)

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₹19.7 L/yr - ₹37 L/yr
11 years  (5 salaries)

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₹21.3 L/yr - ₹37.8 L/yr
View all
Bajaj Allianz Life Insurance Chief Manager Salary and Career Growth

From

To

Chief Manager

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7 - 21 years exp.

Associate Vice President

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10 - 23 years exp.

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

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₹5 L/yr - ₹16.5 L/yr
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₹2 L/yr - ₹5.5 L/yr

Salary related reviews for Bajaj Allianz Life Insurance

4.0

Rated by 7 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.

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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.

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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.

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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

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Bajaj Allianz Life Insurance Chief Manager Salary FAQs

What is the salary of Chief Manager at Bajaj Allianz Life Insurance?
Chief Manager salary at Bajaj Allianz Life Insurance in India ranges between ₹12.5 Lakhs to ₹37.8 Lakhs for experience between 7 years to 21 years. According to our estimates it is 16% more than the average Chief Manager Salary in India. Salary estimates are based on 59 latest salaries received from various employees of Bajaj Allianz Life Insurance India.
How does the salary of a Chief Manager at Bajaj Allianz Life Insurance India compare with the average salary range for this job?
The average salary of a Chief Manager at Bajaj Allianz Life Insurance is 16% more than the average salary of a Chief Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Bajaj Allianz Life Insurance to a Chief Manager in India?
  • SBI Life Insurance Company Chief Manager Salary - ₹17.0 Lakhs to ₹40.0 Lakhs per year
  • ICICI Prudential Life Insurance Chief Manager Salary - ₹14.5 Lakhs to ₹40.0 Lakhs per year
What is the salary of a Chief Manager in companies similar to Bajaj Allianz Life Insurance in India?
  • Aditya Birla Health Insurance Co Chief Manager Salary - ₹13.3 Lakhs to ₹36.6 Lakhs per year
  • PNB MetLife Chief Manager Salary - ₹14.0 Lakhs to ₹30.6 Lakhs per year
  • HDFC Life Chief Manager Salary - ₹11.1 Lakhs to ₹33.1 Lakhs per year
  • Axis Max Life Insurance Chief Manager Salary - ₹11.9 Lakhs to ₹31.8 Lakhs per year
  • Niva Bupa Health Insurance Company Chief Manager Salary - ₹10.3 Lakhs to ₹30.6 Lakhs per year
What is the estimated take home salary of a Chief Manager at Bajaj Allianz Life Insurance in India?
The estimated take-home salary of a Chief Manager at Bajaj Allianz Life Insurance ranges between ₹1,61,822 per month to ₹1,68,003 per month in India. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance Chief Manager salary in India which ranges between ₹12.5 Lakhs to ₹37.8 Lakhs per year for employees with experience between 7 years to 21 years. Check how did we calculate take home salary?
What is the notice period for Chief Manager at Bajaj Allianz Life Insurance?
According to AmbitionBox, 75% of the Bajaj Allianz Life Insurance Chief Managers reported a notice period of 3 Months, 10% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 48 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Bajaj Allianz Life Insurance Chief Manager salary in India ranges between ₹12.5 Lakhs to ₹37.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 59 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.