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Bajaj Allianz Life Insurance Executive Relationship Manager salaries in Mumbai (Updated 2025)

Annual salary range
0 - 10 years exp.
₹2.8 Lakhs - ₹4.1 Lakhs
Salary of majority employees
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At par with the average Executive Relationship Manager Salary in Insurance Companies for 0 - 10 years of experience

Interested in this particular role? 10 job openings

Salaries in different departments

BFSI, Investments & Trading
Executive Relationship Manager Salary
1 - 10 years exp. (18 salaries)
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₹2.8 L/yr - ₹4 L/yr

Customer Success, Service & Operations
Executive Relationship Manager Salary
0 - 9 years exp. (5 salaries)
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₹3 L/yr - ₹4 L/yr

Sales & Business Development
Executive Relationship Manager Salary
2 - 9 years exp. (5 salaries)
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₹3.5 L/yr - ₹4.1 L/yr

Finance & Accounting
Executive Relationship Manager Salary
3 - 5 years exp. (4 salaries)
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₹3.3 L/yr - ₹3.9 L/yr

Marketing & Communication
Executive Relationship Manager Salary
3 - 5 years exp. (4 salaries)
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₹3.5 L/yr - ₹4 L/yr

Last Updated: 30 Jan 2025

Companies similar to Bajaj Allianz Life Insurance for Executive Relationship Manager in Mumbai

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Bajaj Allianz Life Insurance Executive Relationship Manager Salary

0 - 10 years exp. (39 salaries)

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₹2.8 L/yr - ₹4.1 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹4 L/yr - ₹5.5 L/yr

arrow icon 35% more
5 job openings
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₹2.9 L/yr - ₹4 L/yr

arrow icon 7% less
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₹3 L/yr - ₹4 L/yr

arrow icon 14% less
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₹4.6 L/yr - ₹5.7 L/yr

arrow icon 26% more
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₹2 L/yr - ₹3 L/yr

arrow icon 31% less
Executive Relationship Manager salary at Bajaj Allianz Life Insurance ranges between ₹2.8 Lakhs to ₹4.1 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 39 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Latest annual salaries shared by Bajaj Allianz Life Insurance Executive Relationship Manager in Mumbai

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Experience wise Bajaj Allianz Life Insurance Executive Relationship Manager salaries in Mumbai

Last Updated: 30 Jan 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹3.6 L/yr - ₹6.7 L/yr
1 year (AmbitionBox Estimate)

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₹2.8 L/yr - ₹6.7 L/yr
2 years  (5 salaries)

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₹3 L/yr - ₹4.1 L/yr
3 years  (12 salaries)

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₹2.9 L/yr - ₹4 L/yr
4 years  (9 salaries)

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₹3.2 L/yr - ₹4 L/yr
View all
Bajaj Allianz Life Insurance Executive Relationship Manager Salary and Career Growth

From

To

Executive Relationship Manager

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0 - 10 years exp.

Associate Sales Partner

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7 - 12 years exp.

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Business Sales Manager 1 - 11 years exp.
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arrow icon 20% hike
    Associate Sales Partner 7 - 12 years exp.
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    arrow icon 41% 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

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    ₹3.25 L/yr - ₹5.5 L/yr
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    ₹1.8 L/yr - ₹4.5 L/yr
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    ₹2.05 L/yr - ₹4 L/yr
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    ₹3.7 L/yr - ₹5.45 L/yr
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    ₹3.5 L/yr - ₹3.81 L/yr

    Top skills at Bajaj Allianz Life Insurance for Executive Relationship Manager

    Insurance Sales Life Insurance Life Insurance Banking Sales Bancassurance Bancassurance Relationship Management Communication Skills banca sales Relationship Management Salesforce Communication Skills Insurance Sales Sales Banca
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    Salary related reviews for Bajaj Allianz Life Insurance

    1.0

    Rated by 2 employees for salary & benefits

    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.

    read more

    Full Time

     · 

    Sales & Business Development Department

    1.0
      •  posted on 07 Sep 2024

    4.0
     for  Salary and Benefits

    Likes

    Salary credited on time every month

    • Salary - Good
    • +1 more

    Dislikes

    In December i got gallbladder remove surgery and I got post surgery health issues i am not able to travel 50 kms/ day from branch to my residence and vice versa i had faced a lot of problems But my reporting manager namely ARSHAD WANI AND ASM Mr. ASHIQ don't coperate with me and send me abasccond mail and termination letter from hr total injustice Ganderbal Jammu and Kashmir Destroyed my career

    read more
    • Skill development - Bad
    • +4 more

    Full Time

     · 

    BFSI, Investments & Trading Department

    3.0
      •  posted on 03 Nov 2023

    4.0
     for  Salary and Benefits

    Likes

    I liked about incentives, recognition, accommodations also about some investment traditional plans which good as compared to market. Also like term plan of bajaj Allianz life Which cheaper in the market and they give handsome discounts to their employees for self purchase.

    read more
    • Salary - Good
    • +1 more

    Dislikes

    ...d office. No matter how far away form your place and no matter what is the time. Too much traveling, half of your salary was gone in traveling. If we talk about support from colleagues and manager or administration everyone just showing they doing but actually no one doing anything.

    read more
    • Skill development - Poor
    • +2 more

    Full Time

     · 

    BFSI, Investments & Trading Department

    1.0
      •  posted on 10 Aug 2023

    1.0
     for  Salary and Benefits

    Likes

    There is nothing to like

    Dislikes

    They will set rs 3000000 insurance target in a year. If you don't achieve the target they will force you to leave the job and they will stop your salary till you don't resign from job. The company has a provision to pay the travel allowance if one travels 75 km or more one side, but the area manager won't approve your travel allowance unless you achieve your target in that month, still he will ask you to do 6-7 such trips in a month. On the other days they will ask you to travel 80-90 km in total for which there is no allowance. You have to bear the petrol from your salary. On Sundays also the manager will ask to promote the products.

    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.

    see more salary related reviews

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    Bajaj Allianz Life Insurance Executive Relationship Manager Salary FAQs

    What is the salary of Executive Relationship Manager at Bajaj Allianz Life Insurance Mumbai?
    Executive Relationship Manager salary at Bajaj Allianz Life Insurance in Mumbai ranges between ₹2.8 Lakhs to ₹4.1 Lakhs for less than 1 year of experience to 10 years. Salary estimates are based on 39 latest salaries received from various employees of Bajaj Allianz Life Insurance Mumbai.
    What are the top skills required to work as a Executive Relationship Manager at Bajaj Allianz Life Insurance?
    Insurance Sales, Life Insurance, Life Insurance, Banking Sales and Bancassurance are some of the popular skills required to work as a Executive Relationship Manager at Bajaj Allianz Life Insurance Mumbai.
    Which similar companies are paying more than Bajaj Allianz Life Insurance to a Executive Relationship Manager in Mumbai?
    • Tata AIA Life Insurance Executive Relationship Manager Salary - ₹4.0 Lakhs to ₹5.5 Lakhs per year
    • Kotak Mahindara Life Insurance Executive Relationship Manager Salary - ₹4.6 Lakhs to ₹5.7 Lakhs per year
    What is the salary of a Executive Relationship Manager in companies similar to Bajaj Allianz Life Insurance in Mumbai?
    • Reliance Nippon Life Insurance Executive Relationship Manager Salary - ₹2.9 Lakhs to ₹4.0 Lakhs per year
    • Aditya Birla Sun Life Insurance Executive Relationship Manager Salary - ₹3.0 Lakhs to ₹4.0 Lakhs per year
    • Motilal Oswal Financial Services Executive Relationship Manager Salary - ₹2.0 Lakhs to ₹3.0 Lakhs per year
    What is the estimated take home salary of a Executive Relationship Manager at Bajaj Allianz Life Insurance in Mumbai?
    The estimated take-home salary of a Executive Relationship Manager at Bajaj Allianz Life Insurance ranges between ₹27,359 per month to ₹28,763 per month in Mumbai. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance Executive Relationship Manager salary in India which ranges between ₹2.8 Lakhs to ₹4.1 Lakhs per year for employees with less than 1 year of experience to 10 years. Check how did we calculate take home salary?
    What is the notice period for Executive Relationship Manager at Bajaj Allianz Life Insurance in Mumbai?
    According to AmbitionBox, 79% of the Bajaj Allianz Life Insurance Executive Relationship Managers in Mumbai reported a notice period of 1 Month, 13% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 24 responses on AmbitionBox in last 2 years.

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    Bajaj Allianz Life Insurance Executive Relationship Manager salary in Mumbai ranges between ₹2.8 Lakhs to ₹4.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 39 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.