Bajaj Allianz Life Insurance Pune Chief Manager Salaries by 30+ Employees (Updated 2025)

7 - 21 years exp.

₹18.5 Lakhs - ₹38 Lakhs

Salary of majority employees

Fixed (85%)

₹23.3 Lakhs

Variable (15%)

₹4.1 Lakhs

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25% 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. (8 salaries)	Unlock ₹19.7 L/yr - ₹37 L/yr
Project & Program Management Chief Manager Salary 8 - 18 years exp. (5 salaries)	Unlock ₹26 L/yr - ₹38 L/yr
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Customer Success, Service & Operations Chief Manager Salary 13 - 15 years exp. (4 salaries)	Unlock ₹18.5 L/yr - ₹27 L/yr
Product Management Chief Manager Salary 8 - 18 years exp. (3 salaries)	Unlock ₹24.5 L/yr - ₹28.6 L/yr
Strategic & Top Management Chief Manager Salary 9 - 11 years exp. (3 salaries)	Unlock ₹21.3 L/yr - ₹32 L/yr

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Last Updated: 8 Mar 2025

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

Bajaj Allianz Life Insurance Chief Manager Salary

7 - 21 years exp. (32 salaries)

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₹18.5 L/yr - ₹38 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Chief Manager Salary 5 - 20 years exp. (8 salaries)	Unlock ₹19 L/yr - ₹27 L/yr 17% less
ICICI Lombard General Insurance Company Chief Manager Salary 4 - 18 years exp. (20 salaries)	Unlock ₹11.6 L/yr - ₹21 L/yr 40% less
Login to view exact salary
Tata AIG Chief Manager Salary 1 - 11 years exp. (9 salaries)	Unlock ₹8.8 L/yr - ₹23 L/yr 40% less	1 job opening
Reliance Nippon Life Insurance Chief Manager Salary 13 - 23 years exp. (3 salaries)	Unlock ₹11 L/yr - ₹20 L/yr 49% less
Škoda Auto Volkswagen Chief Manager Salary 12 - 25 years exp. (99 salaries)	Unlock ₹17.6 L/yr - ₹36 L/yr 7% less

Chief Manager salary at Bajaj Allianz Life Insurance ranges between ₹18.5 Lakhs to ₹38 Lakhs per year for employees with experience between 7 years to 21 years. Salary estimates are based on 32 latest salaries received from various employees of Bajaj Allianz Life Insurance.

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

5d ago

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7 years exp.

5d ago

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14 years exp.

2w ago

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8 years exp.

2w ago

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18 years exp.

1mo ago

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16 years exp.

1mo ago

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10 years exp.

4mo ago

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14 years exp.

4mo ago

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15 years exp.

5mo ago

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10 years exp.

6mo ago

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14 years exp.

Experience wise Bajaj Allianz Life Insurance Chief Manager salaries in Pune

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	Unlock ₹27.8 L/yr - ₹52.3 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹24.5 L/yr - ₹51.9 L/yr
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9 years (4 salaries)	Unlock ₹24 L/yr - ₹32 L/yr
10 years (5 salaries)	Unlock ₹19.7 L/yr - ₹37 L/yr
11 years (4 salaries)	Unlock ₹21.3 L/yr - ₹33 L/yr
12 years (AmbitionBox Estimate)	Unlock ₹25.1 L/yr - ₹32 L/yr
13 years (AmbitionBox Estimate)	Unlock ₹18.5 L/yr - ₹49.7 L/yr
14 years (4 salaries)	Unlock ₹18.5 L/yr - ₹38 L/yr
15+ years (11 salaries)	Unlock ₹19 L/yr - ₹32 L/yr

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From

Chief Manager

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7 - 21 years exp.

Associate Vice President

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₹

Lakhs/yr

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

Deputy Manager Salary

(130 salaries)

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₹5.4 L/yr - ₹16.5 L/yr

Sales Manager Salary

(20 salaries)

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₹2 L/yr - ₹5.11 L/yr

Area Manager Salary

(8 salaries)

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₹6.75 L/yr - ₹9.5 L/yr

Territory Manager Salary

(6 salaries)

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₹6 L/yr - ₹7.5 L/yr

Operations Manager Salary

(6 salaries)

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₹8.2 L/yr - ₹14.95 L/yr

Area Sales Manager Salary

(4 salaries)

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₹7.85 L/yr - ₹9.55 L/yr

Cluster Manager Salary

(3 salaries)

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₹10.5 L/yr - ₹13 L/yr

Salary related reviews for Bajaj Allianz Life Insurance

3.5

Rated by 4 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

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... 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 Pune?

Chief Manager salary at Bajaj Allianz Life Insurance in Pune ranges between ₹18.5 Lakhs to ₹38.0 Lakhs for experience between 7 years to 21 years. According to our estimates it is 25% more than the average Chief Manager Salary in India. Salary estimates are based on 32 latest salaries received from various employees of Bajaj Allianz Life Insurance Pune.

How does the salary of a Chief Manager at Bajaj Allianz Life Insurance Pune compare with the average salary range for this job?

The average salary of a Chief Manager at Bajaj Allianz Life Insurance is 25% more than the average salary of a Chief Manager in Pune. To know exact salary insights, login to view.

What is the salary of a Chief Manager in companies similar to Bajaj Allianz Life Insurance in Pune?

Škoda Auto Volkswagen Chief Manager Salary - ₹17.6 Lakhs to ₹36.0 Lakhs per year
HDFC Life Chief Manager Salary - ₹19.0 Lakhs to ₹27.0 Lakhs per year
ICICI Lombard General Insurance Company Chief Manager Salary - ₹11.6 Lakhs to ₹21.0 Lakhs per year
Tata AIG Chief Manager Salary - ₹8.8 Lakhs to ₹23.0 Lakhs per year
Reliance Nippon Life Insurance Chief Manager Salary - ₹11.0 Lakhs to ₹20.0 Lakhs per year

What is the estimated take home salary of a Chief Manager at Bajaj Allianz Life Insurance in Pune?

The estimated take-home salary of a Chief Manager at Bajaj Allianz Life Insurance ranges between ₹1,70,964 per month to ₹1,77,557 per month in Pune. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance Chief Manager salary in India which ranges between ₹18.5 Lakhs to ₹38.0 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 in Pune?

According to AmbitionBox, 74% of the Bajaj Allianz Life Insurance Chief Managers in Pune reported a notice period of 3 Months, 13% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 23 responses on AmbitionBox in last 2 years.

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Bajaj Allianz Life Insurance Chief Manager Salaries in Pune

Bajaj Allianz Life Insurance Chief Manager salary in Pune ranges between ₹18.5 Lakhs to ₹38 Lakhs with an average annual salary of ₹. Salary estimates are based on 32 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.

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

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

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

Experience wise Bajaj Allianz Life Insurance Chief Manager salaries in Pune

Similar Designation salaries in Bajaj Allianz Life Insurance

Salary related reviews for Bajaj Allianz Life Insurance

Cluster Manager in Kolkata

Relationship Manager in Bangalore / Bengaluru

Sales Manager in New Delhi

Business Development Manager in Bokaro

Senior Relationship Manager in Hyderabad / Secunderabad

Bajaj Allianz Life Insurance Chief Manager Salary FAQs

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