Bajaj Allianz Life Insurance Key Relationship Manager Salaries by 100+ Employees (Updated 2025)

1 - 9 years exp.

₹3.2 Lakhs - ₹5 Lakhs

Salary of majority employees

16% less than the average Key Relationship Manager Salary in Insurance Companies for 1 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Key Relationship Manager Salary 1 - 9 years exp. (59 salaries)	₹3.5 L/yr - ₹4.5 L/yr
Sales & Business Development Key Relationship Manager Salary 1 - 9 years exp. (58 salaries)	₹3.5 L/yr - ₹4.8 L/yr
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Customer Success, Service & Operations Key Relationship Manager Salary 1 - 8 years exp. (18 salaries)	₹3.5 L/yr - ₹4.2 L/yr
Marketing & Communication Key Relationship Manager Salary 3 - 9 years exp. (14 salaries)	₹3.9 L/yr - ₹4.1 L/yr
Finance & Accounting Key Relationship Manager Salary 1 - 8 years exp. (4 salaries)	₹4 L/yr - ₹4.3 L/yr

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Last Updated: 25 Jan 2025

Companies similar to Bajaj Allianz Life Insurance for Key Relationship Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Key Relationship Manager Salary 3 - 11 years exp. (50 salaries)	₹3.6 L/yr - ₹7 L/yr 34% more	1 job opening
ICICI Prudential Life Insurance Key Relationship Manager Salary 0 - 9 years exp. (448 salaries)	₹4 L/yr - ₹6.3 L/yr 30% more
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Max Life Insurance Key Relationship Manager Salary 2 - 3 years exp. (4 salaries)	₹2.5 L/yr - ₹4 L/yr 11% less
Kotak Mahindara Life Insurance Key Relationship Manager Salary 0 - 5 years exp. (31 salaries)	₹2.5 L/yr - ₹3.8 L/yr 26% less
Reliance Nippon Life Insurance Key Relationship Manager Salary 0 - 6 years exp. (154 salaries)	₹1.6 L/yr - ₹3.8 L/yr 39% less
Aditya Birla Health Insurance Co Key Relationship Manager Salary 3 - 10 years exp. (107 salaries)	₹4.3 L/yr - ₹6.5 L/yr 37% more
Care Health Insurance Key Relationship Manager Salary 2 - 7 years exp. (47 salaries)	₹2.3 L/yr - ₹5 L/yr 10% less
Tata AIA Life Insurance Key Relationship Manager Salary 2 - 8 years exp. (37 salaries)	₹3.5 L/yr - ₹6.8 L/yr 28% more	1 job opening
ICICI Lombard General Insurance Company Key Relationship Manager Salary 1 - 8 years exp. (11 salaries)	₹4.2 L/yr - ₹5.9 L/yr 17% more
Tata AIG Key Relationship Manager Salary 3 - 8 years exp. (10 salaries)	₹4.5 L/yr - ₹5.8 L/yr 26% more
Bajaj Allianz General Insurance Key Relationship Manager Salary 0 - 5 years exp. (6 salaries)	₹2.7 L/yr - ₹6 L/yr 18% more
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Key Relationship Manager salary at Bajaj Allianz Life Insurance ranges between ₹3.2 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 185 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Experience wise Bajaj Allianz Life Insurance Key Relationship Manager salaries

Last Updated: 25 Jan 2025

Experience	Avg Annual Salary
1 year (7 salaries)	₹3.8 L/yr - ₹4.3 L/yr
2 years (14 salaries)	₹3.5 L/yr - ₹4.4 L/yr
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3 years (31 salaries)	₹3.2 L/yr - ₹4.5 L/yr
4 years (47 salaries)	₹3.5 L/yr - ₹5 L/yr
5 years (36 salaries)	₹3.5 L/yr - ₹5 L/yr
6 years (23 salaries)	₹3.5 L/yr - ₹4.5 L/yr
7 years (12 salaries)	₹3.9 L/yr - ₹4.2 L/yr
8 years (10 salaries)	₹3.5 L/yr - ₹4.8 L/yr
9 years (5 salaries)	₹3.8 L/yr - ₹4.2 L/yr

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From

Key Relationship Manager

1 - 9 years exp.

Senior Key Relationship Manager

0 - 10 years exp.

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.

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Area Manager Salary

(203 salaries)

₹5 L/yr - ₹16.5 L/yr

Top skills at Bajaj Allianz Life Insurance for Key Relationship Manager

Life Insurance banca sales Team Handling bfsi Bancassurance Direct Sales Sales Alternate Channel Agency Channel

Salary related reviews for Bajaj Allianz Life Insurance

3.8

Rated by 32 employees for salary & benefits

Relationship Manager in Bangalore / Bengaluru

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.

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.

Salary - Bad

+6 more

Sales Manager in New Delhi

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.

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

Salary - Bad

+6 more

Business Development Manager in Bokaro

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 16 Nov 2023

5.0

for Salary and Benefits

Likes

Good salary, nice incentive structure and promotion structure

Salary - Excellent

+4 more

Dislikes

No proper training , no support in business hence we lack in aquaring business as compared to Max life insurance aur competitors in axis bank channel.

Business Development Manager in Narnaul

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 09 May 2023

5.0

for Salary and Benefits

Likes

You get salary on time.

Salary - Excellent

+1 more

Dislikes

No one( Sr. Management) cares about you,they just need business that too what they ask from you " no need based selling". Rather then that there are meetings meetings and meetings for the sales team.

Skill development - Bad

+4 more

Senior Business Development Manager in Soro

Full Time

Sales & Business Development Department

5.0

• posted on 13 Sep 2022

4.0

for Salary and Benefits

Likes

Best product Friendly atmosphere Career growth Highest solvency retio Best claim settlement Best Hr service Etc....

Salary - Good

+6 more

Dislikes

One thing is internal career and salary growth is little bit slow.. If we have potential to prove ourselves in changing our label in our own company. Then stay with us.... Otherwise Employees are trying for other companies only for career and financial growth.

see more salary related reviews

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Bajaj Allianz Life Insurance Key Relationship Manager Salary FAQs

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

Key Relationship Manager salary at Bajaj Allianz Life Insurance in India ranges between ₹3.2 Lakhs to ₹5.0 Lakhs for experience between 1 years to 9 years. According to our estimates it is 16% less than the average Key Relationship Manager Salary in India. Salary estimates are based on 185 latest salaries received from various employees of Bajaj Allianz Life Insurance India.

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

The average salary of a Key Relationship Manager at Bajaj Allianz Life Insurance is 16% less than the average salary of a Key Relationship Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Key Relationship Manager at Bajaj Allianz Life Insurance?

Life Insurance, banca sales, Team Handling, bfsi and Bancassurance are some of the popular skills required to work as a Key Relationship Manager at Bajaj Allianz Life Insurance India.

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

Aditya Birla Health Insurance Co Key Relationship Manager Salary - ₹4.3 Lakhs to ₹6.5 Lakhs per year
HDFC Life Key Relationship Manager Salary - ₹3.6 Lakhs to ₹7.0 Lakhs per year
ICICI Prudential Life Insurance Key Relationship Manager Salary - ₹4.0 Lakhs to ₹6.3 Lakhs per year
Tata AIA Life Insurance Key Relationship Manager Salary - ₹3.5 Lakhs to ₹6.8 Lakhs per year
Tata AIG Key Relationship Manager Salary - ₹4.5 Lakhs to ₹5.8 Lakhs per year

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

Bajaj Allianz General Insurance Key Relationship Manager Salary - ₹2.7 Lakhs to ₹6.0 Lakhs per year
ICICI Lombard General Insurance Company Key Relationship Manager Salary - ₹4.2 Lakhs to ₹5.9 Lakhs per year
Care Health Insurance Key Relationship Manager Salary - ₹2.3 Lakhs to ₹5.0 Lakhs per year
Max Life Insurance Key Relationship Manager Salary - ₹2.5 Lakhs to ₹4.0 Lakhs per year
Kotak Mahindara Life Insurance Key Relationship Manager Salary - ₹2.5 Lakhs to ₹3.8 Lakhs per year

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

The estimated take-home salary of a Key Relationship Manager at Bajaj Allianz Life Insurance ranges between ₹29,541 per month to ₹30,862 per month in India. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance Key Relationship Manager salary in India which ranges between ₹3.2 Lakhs to ₹5.0 Lakhs per year for employees with experience between 1 years to 9 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 91% of the Bajaj Allianz Life Insurance Key Relationship Managers reported a notice period of 1 Month, 8% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 146 responses on AmbitionBox in last 2 years.

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Bajaj Allianz Life Insurance Key Relationship Manager Salaries by Location

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Bajaj Allianz Life Insurance Key Relationship Manager Salaries

Bajaj Allianz Life Insurance Key Relationship Manager salary in India ranges between ₹3.2 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 185 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.

Bajaj Allianz Life Insurance Key Relationship Manager salaries in India

Companies similar to Bajaj Allianz Life Insurance for Key Relationship Manager

Latest annual salaries shared by Bajaj Allianz Life Insurance Key Relationship Manager

Experience wise Bajaj Allianz Life Insurance Key Relationship Manager salaries

Similar Designation salaries in Bajaj Allianz Life Insurance

Top skills at Bajaj Allianz Life Insurance for Key Relationship Manager

Salary related reviews for Bajaj Allianz Life Insurance

Relationship Manager in Bangalore / Bengaluru

Sales Manager in New Delhi

Business Development Manager in Bokaro

Business Development Manager in Narnaul

Senior Business Development Manager in Soro

Bajaj Allianz Life Insurance Key Relationship Manager Salary FAQs

Tell us how to improve this page.

Bajaj Allianz Life Insurance Key Relationship Manager Salaries by Location