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4.0

based on 4.5k Reviews

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Bajaj Allianz Life Insurance Chief Manager salaries in Mumbai

Annual salary range
7 - 18 years exp.
₹20.6 Lakhs - ₹37.8 Lakhs
Salary of majority employees
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19% more than the average Chief Manager Salary in Insurance Companies for 7 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Chief Manager Salary
8 - 17 years exp. (6 salaries)
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₹20.6 L/yr - ₹28.3 L/yr

Project & Program Management
Chief Manager Salary
7 - 18 years exp. (AmbitionBox Estimate)
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₹26 L/yr - ₹31.7 L/yr

Marketing & Communication
Chief Manager Salary
13 years exp. (AmbitionBox Estimate)
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₹22 L/yr - ₹27.1 L/yr

Product Management
Chief Manager Salary
7 years exp. (AmbitionBox Estimate)
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₹20.7 L/yr - ₹25.9 L/yr

Strategic & Top Management
Chief Manager Salary
11 years exp. (AmbitionBox Estimate)
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₹26.6 L/yr - ₹37.8 L/yr

Last Updated: 30 Sep 2024

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

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Bajaj Allianz Life Insurance Chief Manager Salary

7 - 18 years exp. (11 salaries)

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₹20.6 L/yr - ₹37.8 L/yr

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

5 - 20 years exp. (154 salaries)

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₹14 L/yr - ₹31.8 L/yr

arrow icon 8% less
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₹14.5 L/yr - ₹40 L/yr

arrow icon 6% more
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Max Life Insurance Chief Manager Salary

8 - 20 years exp. (16 salaries)

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₹12.6 L/yr - ₹30 L/yr

arrow icon 4% less
3 job openings
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₹5.5 L/yr - ₹19 L/yr

arrow icon 56% less
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₹10 L/yr - ₹23 L/yr

arrow icon 37% less
1 job opening
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₹7.9 L/yr - ₹24 L/yr

arrow icon 45% less
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₹12 L/yr - ₹35 L/yr

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₹13.3 L/yr - ₹36.6 L/yr

arrow icon 2% less
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PNB MetLife Chief Manager Salary

6 - 16 years exp. (30 salaries)

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₹18.2 L/yr - ₹30 L/yr

arrow icon 7% less
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SBI General Insurance Chief Manager Salary

4 - 20 years exp. (25 salaries)

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₹12 L/yr - ₹27 L/yr

arrow icon 31% less
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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

arrow icon 36% less
Chief Manager salary at Bajaj Allianz Life Insurance ranges between ₹20.6 Lakhs to ₹37.8 Lakhs per year for employees with experience between 7 years to 18 years. Salary estimates are based on 11 latest salaries received from various employees of Bajaj Allianz Life Insurance.

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

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10 years exp.
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17 years exp.
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16 years exp.
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13 years exp.
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9 years exp.
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11 years exp.
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7 years exp.
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18 years exp.
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8 years exp.

Experience wise Bajaj Allianz Life Insurance Chief Manager salaries in Mumbai

Last Updated: 30 Sep 2024

Experience Avg Annual Salary
7 years (AmbitionBox Estimate)

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₹20.7 L/yr - ₹31.7 L/yr
8 years (AmbitionBox Estimate)

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₹25 L/yr - ₹49 L/yr
9 years (AmbitionBox Estimate)

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₹10.8 L/yr - ₹28.3 L/yr
10 years (AmbitionBox Estimate)

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₹10.6 L/yr - ₹28.3 L/yr
11 years (AmbitionBox Estimate)

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₹10.5 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 - 18 years exp.

Associate Vice President

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10 - 20 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

Deputy Manager Salary
(67 salaries)
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₹5 L/yr - ₹16 L/yr
Sales Manager Salary
(19 salaries)
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₹2.4 L/yr - ₹5 L/yr
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₹4.45 L/yr - ₹10 L/yr
Branch Manager Salary
(14 salaries)
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₹5.1 L/yr - ₹12 L/yr
Area Manager Salary
(13 salaries)
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₹5 L/yr - ₹13 L/yr
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₹5 L/yr - ₹14.3 L/yr
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₹5 L/yr - ₹12 L/yr
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₹5 L/yr - ₹13.5 L/yr

Salary related reviews for Bajaj Allianz Life Insurance

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

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

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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

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

Dislikes

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

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 09 May 2023

5.0
 for  Salary and Benefits

Likes

You get salary on time.

Dislikes

No one( Sr. Management) cares about you,they just need business that too what they ask from you " no need based selling". Rather then that there are meetings meetings and meetings for the sales team.

read more
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Bajaj Allianz Life Insurance Chief Manager Salary FAQs

What is the salary of Chief Manager at Bajaj Allianz Life Insurance Mumbai?
Chief Manager salary at Bajaj Allianz Life Insurance in Mumbai ranges between ₹20.6 Lakhs to ₹37.8 Lakhs for experience between 7 years to 18 years. According to our estimates it is 19% more than the average Chief Manager Salary in India. Salary estimates are based on 11 latest salaries received from various employees of Bajaj Allianz Life Insurance Mumbai.
How does the salary of a Chief Manager at Bajaj Allianz Life Insurance Mumbai compare with the average salary range for this job?
The average salary of a Chief Manager at Bajaj Allianz Life Insurance is 19% more than the average salary of a Chief Manager in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than Bajaj Allianz Life Insurance to a Chief Manager in Mumbai?
  • 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 Mumbai?
  • Aditya Birla Health Insurance Co Chief Manager Salary - ₹13.3 Lakhs to ₹36.6 Lakhs per year
  • Max Life Insurance Chief Manager Salary - ₹12.6 Lakhs to ₹30.0 Lakhs per year
  • PNB MetLife Chief Manager Salary - ₹18.2 Lakhs to ₹30.0 Lakhs per year
  • HDFC Life Chief Manager Salary - ₹14.0 Lakhs to ₹31.8 Lakhs per year
  • Aditya Birla Sun Life Insurance Chief Manager Salary - ₹12.0 Lakhs to ₹35.0 Lakhs per year
What is the estimated take home salary of a Chief Manager at Bajaj Allianz Life Insurance in Mumbai?
The estimated take-home salary of a Chief Manager at Bajaj Allianz Life Insurance ranges between ₹1,63,228 per month to ₹1,69,472 per month in Mumbai. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance Chief Manager salary in India which ranges between ₹20.6 Lakhs to ₹37.8 Lakhs per year for employees with experience between 7 years to 18 years. Check how did we calculate take home salary?
What is the notice period for Chief Manager at Bajaj Allianz Life Insurance in Mumbai?
According to AmbitionBox, 75% of the Bajaj Allianz Life Insurance Chief Managers in Mumbai reported a notice period of 3 Months, 17% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 12 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Bajaj Allianz Life Insurance Chief Manager salary in Mumbai ranges between ₹20.6 Lakhs to ₹37.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.