Bajaj Allianz Life Insurance Executive Manager Salaries by 10+ Employees (Updated 2025)

1 - 6 years exp.

₹3 Lakhs - ₹4 Lakhs

Salary of majority employees

79% less than the average Executive Manager Salary in Insurance Companies for 1 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Executive Manager Salary 1 - 3 years exp. (4 salaries)	₹3 L/yr - ₹3.5 L/yr
Sales & Business Development Executive Manager Salary 2 - 6 years exp. (3 salaries)	₹3 L/yr - ₹3.6 L/yr
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Merchandising, Retail & eCommerce Executive Manager Salary 2 - 4 years exp. (3 salaries)	₹3.6 L/yr - ₹3.7 L/yr
Marketing & Communication Executive Manager Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹3.7 L/yr
Administration & Facilities Executive Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹3.6 L/yr

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Last Updated: 17 Feb 2025

Companies similar to Bajaj Allianz Life Insurance for Executive Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Executive Manager Salary 3 - 4 years exp. (3 salaries)	₹5.2 L/yr - ₹6.7 L/yr 67% more
Max Life Insurance Executive Manager Salary 0 - 3 years exp. (3 salaries)	₹2.2 L/yr - ₹5.2 L/yr 11% more
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Kotak Mahindara Life Insurance Executive Manager Salary 1 - 6 years exp. (5 salaries)	₹2 L/yr - ₹3.8 L/yr 15% less
Reliance Nippon Life Insurance Executive Manager Salary 0 - 5 years exp. (9 salaries)	₹2.9 L/yr - ₹3.3 L/yr 12% less
Tata AIA Life Insurance Executive Manager Salary 2 - 8 years exp. (4 salaries)	₹3.3 L/yr - ₹4 L/yr 1% more
Aditya Birla Sun Life Insurance Executive Manager Salary 1 - 6 years exp. (9 salaries)	₹2.9 L/yr - ₹3.5 L/yr 10% less
PNB MetLife Executive Manager Salary 2 - 10 years exp. (3 salaries)	₹3.5 L/yr - ₹6 L/yr 24% more
Bajaj Allianz General Insurance Executive Manager Salary 5 - 10 years exp. (7 salaries)	₹4 L/yr - ₹5.5 L/yr 29% more
ICICI Lombard General Insurance Company Executive Manager Salary 6 - 7 years exp. (4 salaries)	₹4.5 L/yr - ₹7 L/yr 45% more
Tata AIG Executive Manager Salary 1 - 10 years exp. (4 salaries)	₹2.5 L/yr - ₹6 L/yr 19% more
Star Health & Allied Insurance Executive Manager Salary 3 - 12 years exp. (4 salaries)	₹2 L/yr - ₹4 L/yr 24% less
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HDFC Ergo General Insurance Executive Manager Salary 1 - 5 years exp. (3 salaries)	₹2.7 L/yr - ₹3 L/yr 22% less
Niva Bupa Health Insurance Company Executive Manager Salary 0 - 5 years exp. (3 salaries)	₹3 L/yr - ₹3.3 L/yr 13% less

Executive Manager salary at Bajaj Allianz Life Insurance ranges between ₹3 Lakhs to ₹4 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 19 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Experience wise Bajaj Allianz Life Insurance Executive Manager salaries

Last Updated: 17 Feb 2025

Experience	Avg Annual Salary
1 year (4 salaries)	₹3.5 L/yr - ₹3.6 L/yr
2 years (4 salaries)	₹3 L/yr - ₹4 L/yr
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3 years (4 salaries)	₹3 L/yr - ₹6.5 L/yr
4 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.5 L/yr
5 years (3 salaries)	₹3.5 L/yr - ₹4 L/yr
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.6 L/yr

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Similar Designation salaries in Bajaj Allianz Life Insurance

Deputy Manager Salary

(320 salaries)

₹4.5 L/yr - ₹16.5 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Accountant Salary

(AmbitionBox Estimate)

₹4.9 L/yr - ₹6.2 L/yr

Financial Analyst Salary

(3 salaries)

₹2.5 L/yr - ₹12.03 L/yr

Senior Associate Salary

(9 salaries)

₹3 L/yr - ₹5.5 L/yr

Account Assistant Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Process Associate Salary

(4 salaries)

₹1.15 L/yr - ₹5.77 L/yr

Finance Executive Salary

(5 salaries)

₹1.4 L/yr - ₹3 L/yr

Analyst Salary

(5 salaries)

₹3 L/yr - ₹7.5 L/yr

Management Trainee Salary

(34 salaries)

₹3 L/yr - ₹9.5 L/yr

Salary related reviews for Bajaj Allianz Life Insurance

5.0

Rated by 5 employees for salary & benefits

Financial Analyst in Delhi

Finance & Accounting Department

5.0

• posted on 19 Mar 2021

1.0

for Salary and Benefits

Likes

...d different processes. Managers are helping and can add value to your knowledge. Pay is good compare to the industry.

Skill development - Good

+3 more

Dislikes

Sometime higher authority/Senior post employee speak louder and that time employee are going to dimotivate.

Salary - Bad

Seles Executive in Pune

Full Time

Sales & Business Development Department

5.0

• posted on 31 Jan 2025

5.0

for Salary and Benefits

Likes

The salary and perks offered to employees are excellent, and the work ethics are truly commendable . You won't regret your decision to work here. There is no favoritism and the management is outstanding.

Salary - Excellent

+6 more

Executive Relationship Manager in Bankura

Full Time

Sales & Business Development Department

5.0

• posted on 29 Jan 2025

5.0

for Salary and Benefits

Likes

Balic is a good company to work .. balic has given my carrier high..

Salary - Excellent

+6 more

Dislikes

...e centricity balic does not look even after Work hard and good work for balic .. company does not increase no salary as per expectations.

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.

Premium Relationship Manager in Kharagpur

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 27 Dec 2024

4.0

for Salary and Benefits

Likes

...ect channel there is no work life balance, no job security. Worst work culture. Only salary good

Salary - Good

Dislikes

Specially Direct channel worst job culture. All seniors are rude, Cluster manager, RH all are too much bad. I suggest not to join is direct Channel in BALIC.

Skill development - Bad

+5 more

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Bajaj Allianz Life Insurance Executive Manager Salary FAQs

What is the salary of Executive Manager at Bajaj Allianz Life Insurance?

Executive Manager salary at Bajaj Allianz Life Insurance in India ranges between ₹3.0 Lakhs to ₹4.0 Lakhs for experience between 1 years to 6 years. According to our estimates it is 79% less than the average Executive Manager Salary in India. Salary estimates are based on 19 latest salaries received from various employees of Bajaj Allianz Life Insurance India.

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

The average salary of a Executive Manager at Bajaj Allianz Life Insurance is 79% less than the average salary of a Executive Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Bajaj Allianz Life Insurance to a Executive Manager in India?

ICICI Prudential Life Insurance Executive Manager Salary - ₹5.2 Lakhs to ₹6.7 Lakhs per year
ICICI Lombard General Insurance Company Executive Manager Salary - ₹4.5 Lakhs to ₹7.0 Lakhs per year
Bajaj Allianz General Insurance Executive Manager Salary - ₹4.0 Lakhs to ₹5.5 Lakhs per year
PNB MetLife Executive Manager Salary - ₹3.5 Lakhs to ₹6.0 Lakhs per year
Tata AIG Executive Manager Salary - ₹2.5 Lakhs to ₹6.0 Lakhs per year

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

Max Life Insurance Executive Manager Salary - ₹2.2 Lakhs to ₹5.2 Lakhs per year
Tata AIA Life Insurance Executive Manager Salary - ₹3.3 Lakhs to ₹4.0 Lakhs per year
Aditya Birla Sun Life Insurance Executive Manager Salary - ₹2.9 Lakhs to ₹3.5 Lakhs per year
Reliance Nippon Life Insurance Executive Manager Salary - ₹2.9 Lakhs to ₹3.3 Lakhs per year
Niva Bupa Health Insurance Company Executive Manager Salary - ₹3.0 Lakhs to ₹3.3 Lakhs per year

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

The estimated take-home salary of a Executive Manager at Bajaj Allianz Life Insurance ranges between ₹26,520 per month to ₹27,936 per month in India. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance Executive Manager salary in India which ranges between ₹3.0 Lakhs to ₹4.0 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Executive Manager at Bajaj Allianz Life Insurance?

According to AmbitionBox, 66% of the Bajaj Allianz Life Insurance Executive Managers reported a notice period of 1 Month, 31% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 32 responses on AmbitionBox in last 2 years.

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Bajaj Allianz Life Insurance Executive Manager Salaries

Bajaj Allianz Life Insurance Executive Manager salary in India ranges between ₹3 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 19 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.