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Bajaj Allianz Life Insurance Management Associate salaries in India (Updated 2025)

Annual salary range
0 - 1 year exp.
₹11.7 Lakhs - ₹15 Lakhs
Salary of majority employees
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Fixed (80%)
₹10.4 Lakhs
Variable (20%)
₹2.6 Lakhs
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40% more than the average Management Associate Salary in Insurance Companies for 0 - 1 year of experience

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Salaries in different departments

Customer Success, Service & Operations
Management Associate Salary
0 - 1 year exp. (3 salaries)
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₹11.7 L/yr - ₹14.3 L/yr

Project & Program Management
Management Associate Salary
Fresher (3 salaries)
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₹11.7 L/yr - ₹14.3 L/yr

Sales & Business Development
Management Associate Salary
Fresher (AmbitionBox Estimate)
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₹11.7 L/yr - ₹14.3 L/yr

Consulting
Management Associate Salary
Fresher (AmbitionBox Estimate)
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₹11.7 L/yr - ₹14.3 L/yr

Strategic & Top Management
Management Associate Salary
1 year exp. (AmbitionBox Estimate)
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₹11.7 L/yr - ₹14.3 L/yr

Last Updated: 4 Mar 2025

Companies similar to Bajaj Allianz Life Insurance for Management Associate

Company name Avg Annual Salary Open Jobs
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₹7.2 L/yr - ₹13 L/yr

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20 job openings
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₹4.8 L/yr - ₹6.1 L/yr

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₹1.4 L/yr - ₹6.7 L/yr

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₹1.5 L/yr - ₹3.9 L/yr

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HDFC Bank Management Associate Salary

0 - 3 years exp. (66 salaries)

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₹13 L/yr - ₹26 L/yr

arrow icon 59% more

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Management Associate salary at Bajaj Allianz Life Insurance ranges between ₹11.7 Lakhs to ₹15 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 17 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Latest annual salaries shared by Bajaj Allianz Life Insurance Management Associate

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Experience wise Bajaj Allianz Life Insurance Management Associate salaries

Last Updated: 4 Mar 2025

Experience Avg Annual Salary
Fresher  (13 salaries)

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₹13 L/yr - ₹13 L/yr
1 year  (4 salaries)

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₹13 L/yr - ₹13 L/yr

Similar Designation salaries in Bajaj Allianz Life Insurance

Maintenance Manager Salary
(AmbitionBox Estimate)
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₹29.7 L/yr - ₹37.9 L/yr
Technician Salary
(AmbitionBox Estimate)
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₹18 L/yr - ₹23 L/yr
Senior Engineer Salary
(AmbitionBox Estimate)
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₹6.3 L/yr - ₹8 L/yr
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₹3.25 L/yr - ₹3.74 L/yr
Supervisor Salary
(3 salaries)
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₹1.1 L/yr - ₹3.4 L/yr
Mechanical Engineer Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
Site Engineer Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
Deputy Manager Salary
(298 salaries)
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₹4.5 L/yr - ₹16.5 L/yr
Junior Engineer Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹3 L/yr
Electrical Engineer Salary
(AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr
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Salary related reviews for Bajaj Allianz Life Insurance

4.0

Rated by 2 employees for salary & benefits

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.

read more
  • Salary - Excellent
  • +6 more

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

 · 

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.

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

read more
  • 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.

read more
  • Skill development - Bad
  • +5 more

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.

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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Bajaj Allianz Life Insurance Management Associate Salary FAQs

What is the salary of Management Associate at Bajaj Allianz Life Insurance?
Management Associate salary at Bajaj Allianz Life Insurance in India ranges between ₹11.7 Lakhs to ₹15.0 Lakhs for less than 1 year of experience. According to our estimates it is 40% more than the average Management Associate Salary in India. Salary estimates are based on 17 latest salaries received from various employees of Bajaj Allianz Life Insurance India.
How does the salary of a Management Associate at Bajaj Allianz Life Insurance India compare with the average salary range for this job?
The average salary of a Management Associate at Bajaj Allianz Life Insurance is 40% more than the average salary of a Management Associate in India. To know exact salary insights, login to view.
Which similar companies are paying more than Bajaj Allianz Life Insurance to a Management Associate in India?
  • HDFC Bank Management Associate Salary - ₹13.0 Lakhs to ₹26.0 Lakhs per year
What is the salary of a Management Associate in companies similar to Bajaj Allianz Life Insurance in India?
  • ICICI Prudential Life Insurance Management Associate Salary - ₹7.2 Lakhs to ₹13.0 Lakhs per year
  • Tata AIG Management Associate Salary - ₹4.8 Lakhs to ₹6.1 Lakhs per year
  • Sun Pharmaceutical Industries Management Associate Salary - ₹1.4 Lakhs to ₹6.7 Lakhs per year
  • Dainik Bhaskar Group Management Associate Salary - ₹1.5 Lakhs to ₹3.9 Lakhs per year
What is the estimated take home salary of a Management Associate at Bajaj Allianz Life Insurance in India?
The estimated take-home salary of a Management Associate at Bajaj Allianz Life Insurance ranges between ₹91,831 per month to ₹94,289 per month in India. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance Management Associate salary in India which ranges between ₹11.7 Lakhs to ₹15.0 Lakhs per year for employees with less than 1 year of experience. Check how did we calculate take home salary?
What is the notice period for Management Associate at Bajaj Allianz Life Insurance?
According to AmbitionBox, 80% of the Bajaj Allianz Life Insurance Management Associates reported a notice period of 3 Months, 7% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 15 responses on AmbitionBox in last 2 years.

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Bajaj Allianz Life Insurance Management Associate salary in India ranges between ₹11.7 Lakhs to ₹15 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 17 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.

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