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

Annual salary range
1 - 16 years exp.
₹4.5 Lakhs - ₹16.7 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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9% more than the average Deputy Manager Salary in Insurance Companies for 1 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Deputy Manager Salary
1 - 16 years exp. (53 salaries)
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₹5.4 L/yr - ₹14 L/yr

Customer Success, Service & Operations
Deputy Manager Salary
1 - 14 years exp. (40 salaries)
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₹5 L/yr - ₹15 L/yr

Finance & Accounting
Deputy Manager Salary
1 - 16 years exp. (30 salaries)
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₹4.7 L/yr - ₹16.5 L/yr

Project & Program Management
Deputy Manager Salary
1 - 13 years exp. (27 salaries)
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₹6.7 L/yr - ₹16.5 L/yr

Data Science & Analytics
Deputy Manager Salary
1 - 14 years exp. (23 salaries)
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₹7.5 L/yr - ₹15.5 L/yr

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Last Updated: 3 Apr 2025

Companies similar to Bajaj Allianz Life Insurance for Deputy Manager

Company name Avg Annual Salary Open Jobs
Logo
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₹3 L/yr - ₹10.3 L/yr

arrow icon 44% less
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Axis Max Life Insurance Deputy Manager Salary

0 - 14 years exp. (820 salaries)

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₹2.4 L/yr - ₹8.5 L/yr

arrow icon 50% less
17 job openings
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₹2 L/yr - ₹5.7 L/yr

arrow icon 62% less
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HDFC Life Deputy Manager Salary

2 - 15 years exp. (751 salaries)

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₹3.5 L/yr - ₹12.1 L/yr

arrow icon 24% less
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Tata AIG Deputy Manager Salary

2 - 9 years exp. (418 salaries)

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₹2.3 L/yr - ₹8.8 L/yr

arrow icon 59% less
2 job openings
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₹4 L/yr - ₹12.6 L/yr

arrow icon 26% less
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₹2.7 L/yr - ₹9.5 L/yr

arrow icon 42% less
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₹2.9 L/yr - ₹10 L/yr

arrow icon 44% less
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₹7.3 L/yr - ₹16 L/yr

arrow icon 16% more
3 job openings
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₹3.7 L/yr - ₹12.4 L/yr

arrow icon 33% less
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Deputy Manager salary at Bajaj Allianz Life Insurance ranges between ₹4.5 Lakhs to ₹16.7 Lakhs per year for employees with experience between 1 year to 16 years. Salary estimates are based on 328 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Latest annual salaries shared by Bajaj Allianz Life Insurance Deputy Manager

2d ago
₹12.7 Lakhs
14 years exp.
3d ago
₹9.5 Lakhs
8 years exp.
5d ago
₹14.4 Lakhs
14 years exp.
2w ago
₹15 Lakhs
7 years exp.
2w ago
₹10 Lakhs
8 years exp.
2w ago
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6 years exp.
2w ago
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10 years exp.
2w ago
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4 years exp.
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5 years exp.
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2 years exp.

Experience wise Bajaj Allianz Life Insurance Deputy Manager salaries

Last Updated: 3 Apr 2025

Experience Avg Annual Salary
1 year  (10 salaries)

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₹8 L/yr - ₹14.6 L/yr
2 years  (24 salaries)

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₹6.8 L/yr - ₹15 L/yr
3 years  (39 salaries)

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₹5 L/yr - ₹15 L/yr
4 years  (38 salaries)

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₹5 L/yr - ₹16.5 L/yr
5 years  (31 salaries)

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₹5.4 L/yr - ₹16.7 L/yr
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Bajaj Allianz Life Insurance Deputy Manager Salary and Career Growth

From

To

Deputy Manager

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1 - 16 years exp.

Associate Vice President

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10 - 23 years exp.

Deputy Manager

1 - 16 years exp.
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Manager

3 - 18 years exp.
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arrow icon 22% hike

Senior Manager

3 - 18 years exp.
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arrow icon 8% 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

Team Manager Salary
(15 salaries)
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₹2.16 L/yr - ₹11.11 L/yr
Delivery Manager Salary
(AmbitionBox Estimate)
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₹13.5 L/yr - ₹17.3 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹12.2 L/yr - ₹15.5 L/yr
Branch Manager Salary
(126 salaries)
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₹4.5 L/yr - ₹12.85 L/yr
Area Manager Salary
(211 salaries)
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₹5 L/yr - ₹16.5 L/yr
Cluster Manager Salary
(99 salaries)
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₹4.2 L/yr - ₹14.3 L/yr
Service Manager Salary
(AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.6 L/yr
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₹5 L/yr - ₹8.5 L/yr
Program Manager Salary
(20 salaries)
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₹6.6 L/yr - ₹24 L/yr
Project Manager Salary
(65 salaries)
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₹6.6 L/yr - ₹18.5 L/yr

Top skills at Bajaj Allianz Life Insurance for Deputy Manager

Statistical Modeling PMO Innovation Business Strategy Content Management Social Media Performance Management System Creative Writing Strategic Planning Life Insurance E - learning Business Process Re - engineering Corporate Strategy Process Re - engineering Insurance

Salary related reviews for Bajaj Allianz Life Insurance

3.6

Rated by 47 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.

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
  • 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.

read more

Full Time

 · 

Customer Success, Service & Operations Department

5.0
  •  posted on 08 Dec 2023

3.0
 for  Salary and Benefits

Likes

Every Thing is good culture seniors all things is good but in off roll employe salary not increase in 5 years that's the biggest concern for my side

read more
  • Skill development - Good
  • +3 more

Dislikes

Off Roll Employe salary not increase in 5 years that's the biggest concern for my side

read more

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.

  • Salary - Excellent
  • +1 more

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
  • Skill development - Bad
  • +4 more
see more salary related reviews

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Bajaj Allianz Life Insurance Deputy Manager Salary FAQs

What is the salary of Deputy Manager at Bajaj Allianz Life Insurance ?
The average salary of a Deputy Manager at Bajaj Allianz Life Insurance in India typically ranges from ₹4.5 Lakhs to ₹16.7 Lakhs per year, depending on experience (from 1 year to 16 years).

The top 10% of Deputy Manager at Bajaj Allianz Life Insurance earn more than ₹14.0 Lakhs per year, and the top 1% earn over ₹16.5 Lakhs per year. Deputy Manager Salaries at Bajaj Allianz Life Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 300+ Bajaj Allianz Life Insurance employees in India.
What is the estimated take home salary of a Deputy Manager at Bajaj Allianz Life Insurance in India?
The estimated take-home salary of a Deputy Manager at Bajaj Allianz Life Insurance in India typically ranges from ₹76,036 to ₹78,006 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹16.7 Lakhs per year for employees with experience ranging from 1 year to 16 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 300+ salaries received from various employees of Bajaj Allianz Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Deputy Manager at Bajaj Allianz Life Insurance ?
To be a Deputy Manager at Bajaj Allianz Life Insurance in india, the key skills required include:

  • - Statistical Modeling
  • - PMO
  • - Innovation
  • - Business Strategy
  • - Content Management

These skills are highly valued at Bajaj Allianz Life Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Bajaj Allianz Life Insurance for Deputy Manager in India?
The New India Assurance Co. ₹17.0 Lakhs to ₹26.0 Lakhs per year
United India Insurance Company ₹11.0 Lakhs to ₹24.0 Lakhs per year
The Oriental Insurance Co. ₹15.0 Lakhs to ₹21.0 Lakhs per year
Allstate ₹6.3 Lakhs to ₹17.8 Lakhs per year
Bajaj Allianz General Insurance ₹7.3 Lakhs to ₹16.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bajaj Allianz Life Insurance, depending on the role and experience level.
What is the salary of a Deputy Manager in companies similar to Bajaj Allianz Life Insurance in India?
The salary of a Deputy Manager at companies similar to Bajaj Allianz Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

First American Corporation ₹9.5 Lakhs to ₹16.5 Lakhs per year
Allianz Partners ₹7.5 Lakhs to ₹14.0 Lakhs per year
Allianz ₹6.6 Lakhs to ₹12.2 Lakhs per year
Niva Bupa Health Insurance Company ₹5.0 Lakhs to ₹12.0 Lakhs per year
HDFC Life ₹3.5 Lakhs to ₹12.1 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Deputy Manager at Bajaj Allianz Life Insurance in India?
The salary growth for a Deputy Manager at Bajaj Allianz Life Insurance depends on factors such as experience, performance, and promotions. On average, a Deputy Manager can expect the following growth trajectory at Bajaj Allianz Life Insurance:

Experience Average Salary Range
1 year ₹8.0 Lakhs to ₹14.6 Lakhs per year
2 years ₹6.8 Lakhs to ₹15.0 Lakhs per year
3 years ₹5.0 Lakhs to ₹15.0 Lakhs per year
4 years ₹5.0 Lakhs to ₹16.5 Lakhs per year
and so on.

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Bajaj Allianz Life Insurance Deputy Manager salary in India ranges between ₹4.5 Lakhs to ₹16.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 328 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.