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Bajaj Allianz Life Insurance Deputy Territory Manager salaries in Mumbai

Annual salary range
0 - 16 years exp.
₹5 Lakhs - ₹6 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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At par with the average Deputy Territory Manager Salary in Insurance Companies for 0 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Deputy Territory Manager Salary
15 - 16 years exp. (AmbitionBox Estimate)
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₹5.3 L/yr - ₹6 L/yr

Sales & Business Development
Deputy Territory Manager Salary
0 - 8 years exp. (AmbitionBox Estimate)
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₹5 L/yr - ₹6 L/yr

Human Resources
Deputy Territory Manager Salary
4 years exp. (AmbitionBox Estimate)
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₹5 L/yr - ₹5.7 L/yr

Last Updated: 29 Aug 2024

Deputy Territory Manager salary at Bajaj Allianz Life Insurance ranges between ₹5 Lakhs to ₹6 Lakhs per year for employees with less than 1 year of experience to 16 years. Salary estimates are based on 5 latest salaries received from various employees of Bajaj Allianz Life Insurance.

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

7mo ago
₹6 Lakhs
16 years exp.
7mo ago
₹6 Lakhs
8 years exp.
9mo ago
₹5 Lakhs
9 months exp.
1y ago
₹6 Lakhs
15 years exp.
1y ago
₹5 Lakhs
4 years exp.

Experience wise Bajaj Allianz Life Insurance Deputy Territory Manager salaries in Mumbai

Last Updated: 29 Aug 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹4.7 L/yr - ₹6.1 L/yr
1 year (AmbitionBox Estimate)

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₹4.8 L/yr - ₹6.1 L/yr
2 years (AmbitionBox Estimate)

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₹4.8 L/yr - ₹6.1 L/yr
3 years (AmbitionBox Estimate)

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₹4.8 L/yr - ₹6.2 L/yr
4 years (AmbitionBox Estimate)

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₹4.9 L/yr - ₹6.2 L/yr
View all

Similar Designation salaries in Bajaj Allianz Life Insurance

Deputy Manager Salary
(72 salaries)
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₹5 L/yr - ₹16.5 L/yr
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₹7.6 L/yr - ₹13.5 L/yr
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₹4.45 L/yr - ₹8 L/yr
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₹6.6 L/yr - ₹14 L/yr
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₹7.93 L/yr - ₹8.05 L/yr
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₹5 L/yr - ₹14.3 L/yr
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₹5 L/yr - ₹6 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

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.

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

 · 

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

read more
  • 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 in Mumbai?
The average salary of a Deputy Territory Manager at Bajaj Allianz Life Insurance in Mumbai typically ranges from ₹5.0 Lakhs to ₹6.0 Lakhs per year, depending on experience (from Fresher to 16 years).

The top 10% of Deputy Territory Manager in Mumbai 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 5 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 Mumbai?
The estimated take-home salary of a Deputy Territory Manager at Bajaj Allianz Life Insurance in Mumbai typically ranges from ₹41,976 to ₹43,112 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 Fresher 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 5 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 in Mumbai?
To be a Deputy Territory Manager at Bajaj Allianz Life Insurance in Mumbai, 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.
How the salary growth look like for a Deputy Territory Manager at Bajaj Allianz Life Insurance in Mumbai?
The salary growth for a Deputy Territory Manager at Bajaj Allianz Life Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Deputy Territory Manager in Mumbai can expect the following growth trajectory at Bajaj Allianz Life Insurance:

Experience Average Salary Range
Fresher ₹4.7 Lakhs to ₹6.1 Lakhs per year
1 year ₹4.8 Lakhs to ₹6.1 Lakhs per year
2 years ₹4.8 Lakhs to ₹6.1 Lakhs per year
3 years ₹4.8 Lakhs to ₹6.2 Lakhs per year
and so on.

Tell us how to improve this page.

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