Bajaj Allianz Life Insurance IT Project Manager Salaries by 6 Employees

1 - 8 years exp.

₹4.8 Lakhs - ₹11.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

55% less than the average IT Project Manager Salary in Insurance Companies for 1 - 8 years of experience

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Salaries in different departments

Project & Program Management IT Project Manager Salary 4 - 8 years exp. (4 salaries)	₹9 L/yr - ₹11.5 L/yr
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Data Science & Analytics IT Project Manager Salary 1 year exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.3 L/yr

Last Updated: 7 Mar 2024

Companies similar to Bajaj Allianz Life Insurance for IT Project Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance IT Project Manager Salary 1 - 3 years exp. (13 salaries)	₹6 L/yr - ₹12 L/yr 12% less
Kotak Mahindara Life Insurance IT Project Manager Salary 5 - 17 years exp. (8 salaries)	₹11 L/yr - ₹24 L/yr 107% more	1 job opening
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ICICI Lombard General Insurance Company IT Project Manager Salary 8 - 13 years exp. (5 salaries)	₹10.5 L/yr - ₹20 L/yr 88% more
Tata AIG IT Project Manager Salary 4 - 6 years exp. (5 salaries)	₹5.8 L/yr - ₹10.4 L/yr 2% more
Axis Max Life Insurance IT Project Manager Salary 4 - 7 years exp. (4 salaries)	₹6 L/yr - ₹15 L/yr 6% more
HDFC Ergo General Insurance IT Project Manager Salary 8 - 14 years exp. (4 salaries)	₹11 L/yr - ₹14 L/yr 50% more
Tata AIA Life Insurance IT Project Manager Salary 7 - 14 years exp. (3 salaries)	₹13.5 L/yr - ₹14.7 L/yr 72% more
SBI Life Insurance Company IT Project Manager Salary 5 - 11 years exp. (3 salaries)	₹7.2 L/yr - ₹10 L/yr 2% more
Aditya Birla Insurance Brokers IT Project Manager Salary 6 - 8 years exp. (3 salaries)	₹5.5 L/yr - ₹11.5 L/yr 13% more

IT Project Manager salary at Bajaj Allianz Life Insurance ranges between ₹4.8 Lakhs to ₹11.5 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 6 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Experience wise Bajaj Allianz Life Insurance IT Project Manager salaries

Last Updated: 7 Mar 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.8 L/yr - ₹9.2 L/yr
2 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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3 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹9 L/yr
5 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹9.5 L/yr
6 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹17.7 L/yr
7 years (AmbitionBox Estimate)	₹9.7 L/yr - ₹12.4 L/yr
8 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹11.5 L/yr

View all

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Salary related reviews for Bajaj Allianz Life Insurance

4.0

Rated by 1 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

Web Developer in Pune

Engineering - Software & QA Department

5.0

• posted on 29 Dec 2020

5.0

for Salary and Benefits

Likes

... period. Seniors are very supportive and give proper guidance at any situations. Salary on time

Salary - Excellent

+6 more

Dislikes

There is no dislikes for me about this compamany

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 Project Manager Salary FAQs

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

The average salary of a IT Project Manager at Bajaj Allianz Life Insurance in India typically ranges from ₹4.8 Lakhs to ₹11.5 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of IT Project Manager at Bajaj Allianz Life Insurance earn more than ₹11.3 Lakhs per year, and the top 1% earn over ₹11.5 Lakhs per year. IT Project 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 6 Bajaj Allianz Life Insurance employees in India.

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

The estimated take-home salary of a IT Project Manager at Bajaj Allianz Life Insurance in India typically ranges from ₹61,612 to ₹63,174 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹11.5 Lakhs per year for employees with experience ranging from 1 year to 8 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 6 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 Project Manager in India?

Kotak Mahindara Life Insurance	₹11.0 Lakhs to ₹24.0 Lakhs per year
ICICI Lombard General Insurance Company	₹10.5 Lakhs to ₹20.0 Lakhs per year
Tata AIA Life Insurance	₹13.5 Lakhs to ₹14.7 Lakhs per year
HDFC Ergo General Insurance	₹11.0 Lakhs to ₹14.0 Lakhs per year
Aditya Birla Insurance Brokers	₹5.5 Lakhs to ₹11.5 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 IT Project Manager in companies similar to Bajaj Allianz Life Insurance in India?

The salary of a IT Project 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:

Axis Max Life Insurance	₹6.0 Lakhs to ₹15.0 Lakhs per year
SBI Life Insurance Company	₹7.2 Lakhs to ₹10.0 Lakhs per year
Tata AIG	₹5.8 Lakhs to ₹10.4 Lakhs per year
ICICI Prudential Life Insurance	₹6.0 Lakhs to ₹12.0 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 Project Manager at Bajaj Allianz Life Insurance in India?

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

Experience	Average Salary Range
1 year	₹4.8 Lakhs to ₹9.2 Lakhs per year
2 years	₹5.4 Lakhs to ₹6.9 Lakhs per year
3 years	₹6.3 Lakhs to ₹8.0 Lakhs per year
4 years	₹3.2 Lakhs to ₹9.0 Lakhs per year

and so on.

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Bajaj Allianz Life Insurance IT Project Manager Salaries

Bajaj Allianz Life Insurance IT Project Manager salary in India ranges between ₹4.8 Lakhs to ₹11.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.