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

Annual salary range
4 - 16 years exp.
₹5 Lakhs - ₹6 Lakhs
Salary of majority employees
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5% more than the average Deputy Territory Manager Salary in Insurance Companies for 4 - 16 years of experience

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Salaries in different departments

Sales & Business Development
Deputy Territory Manager Salary
4 - 13 years exp. (13 salaries)
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₹5 L/yr - ₹6 L/yr

BFSI, Investments & Trading
Deputy Territory Manager Salary
4 - 16 years exp. (8 salaries)
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₹5 L/yr - ₹6 L/yr

Marketing & Communication
Deputy Territory Manager Salary
4 - 9 years exp. (5 salaries)
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₹5 L/yr - ₹5.1 L/yr

Last Updated: 20 Mar 2025

Companies similar to Bajaj Allianz Life Insurance for Deputy Territory Manager

Company name Avg Annual Salary Open Jobs
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₹5.2 L/yr - ₹7.1 L/yr

arrow icon 21% more
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₹5.8 L/yr - ₹6.5 L/yr

arrow icon 12% more
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₹2.5 L/yr - ₹3.9 L/yr

arrow icon 38% less
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NACL Industries Deputy Territory Manager Salary

2 - 10 years exp. (10 salaries)

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₹4.5 L/yr - ₹7.1 L/yr

arrow icon 8% less
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₹2.9 L/yr - ₹4.1 L/yr

arrow icon 31% less
Deputy Territory Manager salary at Bajaj Allianz Life Insurance ranges between ₹5 Lakhs to ₹6 Lakhs per year for employees with experience between 4 years to 16 years. Salary estimates are based on 35 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Latest annual salaries shared by Bajaj Allianz Life Insurance Deputy Territory Manager

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13 years exp.
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Experience wise Bajaj Allianz Life Insurance Deputy Territory Manager salaries

Last Updated: 20 Mar 2025

Experience Avg Annual Salary
4 years  (4 salaries)

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₹5 L/yr - ₹9.3 L/yr
5 years  (10 salaries)

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₹5 L/yr - ₹6 L/yr
6 years  (4 salaries)

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₹5 L/yr - ₹6 L/yr
7 years (AmbitionBox Estimate)

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₹5.1 L/yr - ₹9.5 L/yr
8 years  (3 salaries)

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₹5 L/yr - ₹6 L/yr
View all

Similar Designation salaries in Bajaj Allianz Life Insurance

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₹6 L/yr - ₹11.9 L/yr
Territory Manager Salary
(222 salaries)
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₹3.65 L/yr - ₹8.5 L/yr
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₹4.5 L/yr - ₹6.5 L/yr
Deputy Manager Salary
(331 salaries)
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₹5 L/yr - ₹16.48 L/yr
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₹7 L/yr - ₹15 L/yr
Center Manager Salary
(6 salaries)
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₹3.2 L/yr - ₹6.3 L/yr
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₹6.26 L/yr - ₹14 L/yr
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₹4.9 L/yr - ₹9.1 L/yr
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₹8.5 L/yr - ₹11.5 L/yr
Cluster Manager Salary
(98 salaries)
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₹4.2 L/yr - ₹14.3 L/yr

Top skills at Bajaj Allianz Life Insurance for Deputy Territory Manager

Field Insurance Sales agency Sales RPD

Salary related reviews for Bajaj Allianz Life Insurance

4.2

Rated by 12 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 04 Mar 2025

1.0
 for  Salary and Benefits

Likes

Nothing is there to like to this company...

Dislikes

Here there is no system for credit the salary and it's based on Manager's wish . If Manager wants to hold the salary, he can without any reason also... So Bajaj is not better choice for who works harldy with honesty....

read more
  • Salary - Bad
  • +6 more

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

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  • Salary - Bad
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 25 Apr 2022

5.0
 for  Salary and Benefits

Likes

...mmates is transparent. There is a huge cafeteria and gaming arcade fir chilling. Cimpany policies are good apprasals are fair and they give good salary hike and bonus every year.

read more
  • Salary - Excellent
  • +6 more

Dislikes

There is a lot of politics and the management doesn't address our issue.salary is decent but career growth is slow.there is a bond of 2 years before which you cannot resign.on the job training is not given to new joinees.

read more
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Bajaj Allianz Life Insurance Deputy Territory Manager Salary FAQs

What is the salary of Deputy Territory Manager at Bajaj Allianz Life Insurance ?
The average salary of a Deputy Territory Manager at Bajaj Allianz Life Insurance in India typically ranges from ₹5.0 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 4 years to 16 years).

The top 10% of Deputy Territory Manager at Bajaj Allianz Life Insurance earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Deputy Territory 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 30+ Bajaj Allianz Life Insurance employees in India.
What is the estimated take home salary of a Deputy Territory Manager at Bajaj Allianz Life Insurance in India?
The estimated take-home salary of a Deputy Territory Manager at Bajaj Allianz Life Insurance in India typically ranges from ₹40,395 to ₹41,554 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 4 years 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 30+ 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 Territory Manager at Bajaj Allianz Life Insurance ?
To be a Deputy Territory Manager at Bajaj Allianz Life Insurance in india, the key skills required include:

  • - Field
  • - Insurance Sales
  • - agency
  • - Sales
  • - RPD

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 Territory Manager in India?
Tata AIA Life Insurance ₹5.2 Lakhs to ₹7.1 Lakhs per year
Aditya Birla Sun Life Insurance ₹5.8 Lakhs to ₹6.5 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 Territory Manager in companies similar to Bajaj Allianz Life Insurance in India?
The salary of a Deputy Territory 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:

NACL Industries ₹4.5 Lakhs to ₹7.1 Lakhs per year
Hindware Limited ₹2.9 Lakhs to ₹4.1 Lakhs per year
Mahindra Insurance Brokers ₹2.5 Lakhs to ₹3.9 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 Territory Manager at Bajaj Allianz Life Insurance in India?
The salary growth for a Deputy Territory Manager at Bajaj Allianz Life Insurance depends on factors such as experience, performance, and promotions. On average, a Deputy Territory Manager can expect the following growth trajectory at Bajaj Allianz Life Insurance:

Experience Average Salary Range
4 years ₹5.0 Lakhs to ₹9.3 Lakhs per year
5 years ₹5.0 Lakhs to ₹6.0 Lakhs per year
6 years ₹5.0 Lakhs to ₹6.0 Lakhs per year
7 years ₹5.1 Lakhs to ₹9.5 Lakhs per year
and so on.

Tell us how to improve this page.

Bajaj Allianz Life Insurance Deputy Territory Manager salary in India ranges between ₹5 Lakhs to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 35 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.