Bajaj Allianz Life Insurance IT Manager Salaries by 5 Employees

6 - 17 years exp.

₹17.7 Lakhs - ₹18.4 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

28% more than the average IT Manager Salary in Insurance Companies for 6 - 17 years of experience

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Salaries in different departments

Engineering - Software & QA IT Manager Salary 12 - 15 years exp. (AmbitionBox Estimate)	₹15.9 L/yr - ₹19.4 L/yr
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Product Management IT Manager Salary 17 years exp. (AmbitionBox Estimate)	₹16.2 L/yr - ₹19.8 L/yr

Last Updated: 1 Aug 2024

Companies similar to Bajaj Allianz Life Insurance for IT Manager

Company name	Avg Annual Salary	Open Jobs
Tata AIG IT Manager Salary 1 - 10 years exp. (25 salaries)	₹4.9 L/yr - ₹14 L/yr 53% less
ICICI Prudential Life Insurance IT Manager Salary 0 - 14 years exp. (16 salaries)	₹4.7 L/yr - ₹14 L/yr 47% less
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HDFC Ergo General Insurance IT Manager Salary 5 - 15 years exp. (14 salaries)	₹8.7 L/yr - ₹16 L/yr 27% less
Aditya Birla Sun Life Insurance IT Manager Salary 0 - 8 years exp. (8 salaries)	₹8.9 L/yr - ₹14.7 L/yr 29% less
SBI Life Insurance Company IT Manager Salary 8 - 21 years exp. (7 salaries)	₹11.9 L/yr - ₹20 L/yr 9% less
Niva Bupa Health Insurance Company IT Manager Salary 3 - 12 years exp. (7 salaries)	₹11 L/yr - ₹16.6 L/yr 18% less
Tata AIA Life Insurance IT Manager Salary 7 - 16 years exp. (6 salaries)	₹16.5 L/yr - ₹24.8 L/yr 11% more
ICICI Lombard General Insurance Company IT Manager Salary 8 - 11 years exp. (6 salaries)	₹10.1 L/yr - ₹18.3 L/yr 18% less
Star Health & Allied Insurance IT Manager Salary 3 - 10 years exp. (6 salaries)	₹15 L/yr - ₹16.5 L/yr 14% less
HDFC Life IT Manager Salary 7 - 13 years exp. (5 salaries)	₹12.5 L/yr - ₹15 L/yr 21% less
Axis Max Life Insurance IT Manager Salary 1 - 10 years exp. (4 salaries)	₹2.7 L/yr - ₹9.6 L/yr 68% less
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Bajaj Allianz General Insurance IT Manager Salary 14 - 20 years exp. (4 salaries)	₹18 L/yr - ₹26 L/yr 24% more
Allianz IT Manager Salary 10 - 15 years exp. (4 salaries)	₹5.9 L/yr - ₹20 L/yr 20% less
Reliance Nippon Life Insurance IT Manager Salary 8 - 10 years exp. (3 salaries)	₹9.9 L/yr - ₹12.7 L/yr 39% less
First American Corporation IT Manager Salary 17 - 18 years exp. (3 salaries)	₹28 L/yr - ₹30 L/yr 60% more
Aditya Birla Health Insurance Co IT Manager Salary 7 - 14 years exp. (3 salaries)	₹15 L/yr - ₹18.3 L/yr 10% less
Aditya Birla Insurance Brokers IT Manager Salary 6 - 10 years exp. (3 salaries)	₹6.9 L/yr - ₹9 L/yr 58% less

IT Manager salary at Bajaj Allianz Life Insurance ranges between ₹17.7 Lakhs to ₹18.4 Lakhs per year for employees with experience between 6 years to 17 years. Salary estimates are based on 5 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Experience wise Bajaj Allianz Life Insurance IT Manager salaries

Last Updated: 1 Aug 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹18 L/yr - ₹32.5 L/yr
7 years (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.7 L/yr
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8 years (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.7 L/yr
9 years (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.7 L/yr
10 years (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.7 L/yr
11 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹18.4 L/yr
12 years (AmbitionBox Estimate)	₹17.6 L/yr - ₹32.3 L/yr
13 years (AmbitionBox Estimate)	₹16.1 L/yr - ₹20.6 L/yr
14 years (AmbitionBox Estimate)	₹16.1 L/yr - ₹20.6 L/yr
15+ years (AmbitionBox Estimate)	₹17.6 L/yr - ₹18 L/yr

View all

Similar Designation salaries in Bajaj Allianz Life Insurance

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₹1.8 L/yr - ₹7.25 L/yr

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₹3 L/yr - ₹7.5 L/yr

IT Executive Salary

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₹2.3 L/yr - ₹15.5 L/yr

Operations Manager Salary

(17 salaries)

₹3.5 L/yr - ₹14.99 L/yr

Technical Lead Salary

(3 salaries)

₹11.1 L/yr - ₹13.1 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

System Engineer Salary

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₹1.8 L/yr - ₹3.6 L/yr

Salary related reviews for Bajaj Allianz Life Insurance

3.2

Rated by 2 employees for salary & benefits

System Engineer in Gurgaon / Gurugram

Full Time

IT & Information Security Department

1.0

• posted on 05 Oct 2024

1.0

for Salary and Benefits

Likes

No any reason 👎

Dislikes

...gnity and respect, and it's our responsibility to speak out against such abuses." My working period is normal, Bu my year promotion is stuck, after revoke not increase my salary, after 3 months he was suggested per month salary increas next coming mong. by include people, mis-ber. ve with engineer, if you selected b, Hari. Naveen,, denied from job on immediately I think my 3 year lost in precision tech serve. Thank app for taking feedback on worker end, Thank to all, best wishes you for luck.

Salary - Bad

+6 more

Software Developer

Engineering - Software & QA Department

1.0

• posted on 24 May 2019

1.0

for Salary and Benefits

Likes

Few senior managers working since long are famous due to their notorious activities they eats the bonus and increments and portrait them as bad performer and humiliate them openly. everyone knows this but can't do anything because their contacts with upper management guys.

Dislikes

Senior managers use slang and abused language for juniors openly.

Salary - Bad

+6 more

AM Human Resource in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 18 Mar 2025

5.0

for Salary and Benefits

Likes

In bajaj salary credit on time always.

Salary - Excellent

Dislikes

In Bajaj there is no upgrade in ur role and responsibilities and no one want to upgrade your. No extra skill learning activities done. As relevant work of ur role.

Job security - Poor

Executive Relationship Manager in Kohima

Full Time

Sales & Business Development Department

1.0

• posted on 17 Mar 2025

1.0

for Salary and Benefits

Likes

No comments

Dislikes

Not getting salary on time, bad Area manger, bad HR, Always getting negative reviews no matter how much efforts we are giving . No support from highers ups. Getting too much calls and VC even on holidays. Still didn't got experience letter.

Salary - Bad

+6 more

Senior Area Manager in Hyderabad / Secunderabad

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....

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Bajaj Allianz Life Insurance IT Manager Salary FAQs

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

The average salary of a IT Manager at Bajaj Allianz Life Insurance in India typically ranges from ₹17.7 Lakhs to ₹18.4 Lakhs per year, depending on experience (from 6 years to 17 years).

The top 10% of IT Manager at Bajaj Allianz Life Insurance earn more than ₹18.4 Lakhs per year, and the top 1% earn over ₹18.4 Lakhs per year. IT 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 IT Manager at Bajaj Allianz Life Insurance in India?

The estimated take-home salary of a IT Manager at Bajaj Allianz Life Insurance in India typically ranges from ₹1,20,757 to ₹1,24,149 per month. This is based on the average salary range of ₹17.7 Lakhs to ₹18.4 Lakhs per year for employees with experience ranging from 6 years to 17 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.

Which companies offer higher salaries than Bajaj Allianz Life Insurance for IT Manager in India?

First American Corporation	₹28.0 Lakhs to ₹30.0 Lakhs per year
Bajaj Allianz General Insurance	₹18.0 Lakhs to ₹26.0 Lakhs per year
Tata AIA Life Insurance	₹16.5 Lakhs to ₹24.8 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 IT Manager in companies similar to Bajaj Allianz Life Insurance in India?

The salary of a IT 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:

SBI Life Insurance Company	₹11.9 Lakhs to ₹20.0 Lakhs per year
Aditya Birla Health Insurance Co	₹15.0 Lakhs to ₹18.3 Lakhs per year
Star Health & Allied Insurance	₹15.0 Lakhs to ₹16.5 Lakhs per year
Niva Bupa Health Insurance Company	₹11.0 Lakhs to ₹16.6 Lakhs per year
ICICI Lombard General Insurance Company	₹10.1 Lakhs to ₹18.3 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 IT Manager at Bajaj Allianz Life Insurance in India?

The salary growth for a IT Manager at Bajaj Allianz Life Insurance depends on factors such as experience, performance, and promotions. On average, a IT Manager can expect the following growth trajectory at Bajaj Allianz Life Insurance:

Experience	Average Salary Range
6 years	₹18.0 Lakhs to ₹32.5 Lakhs per year
7 years	₹16.2 Lakhs to ₹20.7 Lakhs per year
8 years	₹16.2 Lakhs to ₹20.7 Lakhs per year
9 years	₹16.2 Lakhs to ₹20.7 Lakhs per year

and so on.

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Bajaj Allianz Life Insurance IT Manager Salaries

Bajaj Allianz Life Insurance IT Manager salary in India ranges between ₹17.7 Lakhs to ₹18.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.