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4.0

based on 4.6k Reviews

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Bajaj Allianz Life Insurance Cluster Manager salaries in Bangalore / Bengaluru

Annual salary range
5 - 12 years exp.
₹4.2 Lakhs - ₹12 Lakhs
Salary of majority employees
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10% less than the average Cluster Manager Salary in Insurance Companies for 5 - 12 years of experience

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Salaries in different departments

Sales & Business Development
Cluster Manager Salary
5 - 7 years exp. (AmbitionBox Estimate)
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₹8.5 L/yr - ₹10.6 L/yr

BFSI, Investments & Trading
Cluster Manager Salary
12 years exp. (AmbitionBox Estimate)
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₹7.3 L/yr - ₹12 L/yr

Marketing & Communication
Cluster Manager Salary
10 years exp. (AmbitionBox Estimate)
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₹4.2 L/yr - ₹9.8 L/yr

Last Updated: 2 Mar 2024

Companies similar to Bajaj Allianz Life Insurance for Cluster Manager in Bangalore / Bengaluru

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Bajaj Allianz Life Insurance Cluster Manager Salary

5 - 12 years exp. (4 salaries)

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₹4.2 L/yr - ₹12 L/yr

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

5 - 15 years exp. (19 salaries)

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₹7 L/yr - ₹10.6 L/yr

arrow icon 7% more
1 job opening
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Max Life Insurance Cluster Manager Salary

7 - 14 years exp. (13 salaries)

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₹6.6 L/yr - ₹12.5 L/yr

arrow icon 16% more
1 job opening
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₹6 L/yr - ₹11 L/yr

arrow icon 7% more
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₹5 L/yr - ₹9.6 L/yr

arrow icon 12% less
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₹7 L/yr - ₹8 L/yr

arrow icon 10% less
Cluster Manager salary at Bajaj Allianz Life Insurance ranges between ₹4.2 Lakhs to ₹12 Lakhs per year for employees with experience between 5 years to 12 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 Cluster Manager in Bangalore / Bengaluru

10mo ago
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7 years exp.
1y ago
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5 years exp.
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12 years exp.
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10 years exp.

Experience wise Bajaj Allianz Life Insurance Cluster Manager salaries in Bangalore / Bengaluru

Last Updated: 2 Mar 2024

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹8.5 L/yr
6 years (AmbitionBox Estimate)

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₹6.7 L/yr - ₹8.5 L/yr
7 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹8.5 L/yr
8 years (AmbitionBox Estimate)

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₹7.1 L/yr - ₹9.1 L/yr
9 years (AmbitionBox Estimate)

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₹7.3 L/yr - ₹9.4 L/yr
View all

Similar Designation salaries in Bajaj Allianz Life Insurance

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₹2.2 L/yr - ₹4 L/yr
Deputy Manager Salary
(12 salaries)
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₹6 L/yr - ₹15.5 L/yr
Area Manager Salary
(11 salaries)
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₹6 L/yr - ₹10.5 L/yr
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₹5 L/yr - ₹8 L/yr

Top skills at Bajaj Allianz Life Insurance for Cluster Manager

Team Handling Monitoring Recruitment Forecasting Cost Control Business Planning Team Leading

Salary related reviews for Bajaj Allianz Life Insurance

5.0

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.

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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.

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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.

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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.

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Bajaj Allianz Life Insurance Cluster Manager Salary FAQs

What is the salary of Cluster Manager at Bajaj Allianz Life Insurance Bangalore / Bengaluru?
Cluster Manager salary at Bajaj Allianz Life Insurance in Bangalore / Bengaluru ranges between ₹4.2 Lakhs to ₹12.0 Lakhs for experience between 5 years to 12 years. According to our estimates it is 10% less than the average Cluster Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Allianz Life Insurance Bangalore / Bengaluru.
How does the salary of a Cluster Manager at Bajaj Allianz Life Insurance Bangalore / Bengaluru compare with the average salary range for this job?
The average salary of a Cluster Manager at Bajaj Allianz Life Insurance is 10% less than the average salary of a Cluster Manager in Bangalore / Bengaluru. To know exact salary insights, login to view.
What are the top skills required to work as a Cluster Manager at Bajaj Allianz Life Insurance?
Team Handling, Monitoring, Recruitment, Forecasting and Cost Control are some of the popular skills required to work as a Cluster Manager at Bajaj Allianz Life Insurance Bangalore / Bengaluru.
Which similar companies are paying more than Bajaj Allianz Life Insurance to a Cluster Manager in Bangalore / Bengaluru?
  • Max Life Insurance Cluster Manager Salary - ₹6.6 Lakhs to ₹12.5 Lakhs per year
  • HDFC Life Cluster Manager Salary - ₹7.0 Lakhs to ₹10.6 Lakhs per year
  • Aditya Birla Sun Life Insurance Cluster Manager Salary - ₹6.0 Lakhs to ₹11.0 Lakhs per year
What is the salary of a Cluster Manager in companies similar to Bajaj Allianz Life Insurance in Bangalore / Bengaluru?
  • Kotak Mahindara Life Insurance Cluster Manager Salary - ₹7.0 Lakhs to ₹8.0 Lakhs per year
  • Aditya Birla Health Insurance Co Cluster Manager Salary - ₹5.0 Lakhs to ₹9.6 Lakhs per year
What is the estimated take home salary of a Cluster Manager at Bajaj Allianz Life Insurance in Bangalore / Bengaluru?
The estimated take-home salary of a Cluster Manager at Bajaj Allianz Life Insurance ranges between ₹63,091 per month to ₹64,695 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance Cluster Manager salary in India which ranges between ₹4.2 Lakhs to ₹12.0 Lakhs per year for employees with experience between 5 years to 12 years. Check how did we calculate take home salary?
What is the notice period for Cluster Manager at Bajaj Allianz Life Insurance in Bangalore / Bengaluru?
According to AmbitionBox, 67% of the Bajaj Allianz Life Insurance Cluster Managers in Bangalore / Bengaluru reported a notice period of 3 Months, 33% reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Bajaj Allianz Life Insurance Cluster Manager salary in Bangalore / Bengaluru ranges between ₹4.2 Lakhs to ₹12 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.