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

Annual salary range
0 - 6 years exp.
₹3 Lakhs - ₹9.1 Lakhs
Salary of majority employees
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6% less than the average Management Trainee Salary in Insurance Companies for 0 - 6 years of experience

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Salaries in different departments

Marketing & Communication
Management Trainee Salary
0 - 3 years exp. (6 salaries)
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₹4 L/yr - ₹8 L/yr

Project & Program Management
Management Trainee Salary
0 - 3 years exp. (5 salaries)
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₹6.6 L/yr - ₹8 L/yr

Sales & Business Development
Management Trainee Salary
0 - 2 years exp. (5 salaries)
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₹3 L/yr - ₹8.3 L/yr

BFSI, Investments & Trading
Management Trainee Salary
0 - 4 years exp. (3 salaries)
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₹6.8 L/yr - ₹8.3 L/yr

Customer Success, Service & Operations
Management Trainee Salary
0 - 2 years exp. (3 salaries)
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₹3 L/yr - ₹8.5 L/yr

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Last Updated: 22 Mar 2025

Companies similar to Bajaj Allianz Life Insurance for Management Trainee

Company name Avg Annual Salary Open Jobs
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₹4 L/yr - ₹9 L/yr

arrow icon 1% less
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Tata AIG Management Trainee Salary

0 - 2 years exp. (220 salaries)

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₹3.8 L/yr - ₹12 L/yr

arrow icon 33% more
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₹2.7 L/yr - ₹6.3 L/yr

arrow icon 42% less
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₹4.4 L/yr - ₹12 L/yr

arrow icon 22% more
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HDFC Life Management Trainee Salary

0 - 3 years exp. (145 salaries)

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₹5 L/yr - ₹15 L/yr

arrow icon 49% more
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₹5.4 L/yr - ₹9.5 L/yr

arrow icon 18% more
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₹5 L/yr - ₹20 L/yr

arrow icon 69% more
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₹3.5 L/yr - ₹10.5 L/yr

arrow icon 17% more
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₹3.4 L/yr - ₹12 L/yr

arrow icon 20% more
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₹16 L/yr - ₹22 L/yr

arrow icon 204% more
View all
Management Trainee salary at Bajaj Allianz Life Insurance ranges between ₹3 Lakhs to ₹9.1 Lakhs per year for employees with less than 1 year of experience to 6 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 Management Trainee

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Experience wise Bajaj Allianz Life Insurance Management Trainee salaries

Last Updated: 22 Mar 2025

Experience Avg Annual Salary
Fresher  (18 salaries)

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₹3 L/yr - ₹8.5 L/yr
1 year  (12 salaries)

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₹3 L/yr - ₹11.6 L/yr
2 years  (3 salaries)

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₹3 L/yr - ₹8 L/yr
3 years  (4 salaries)

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₹4 L/yr - ₹12.4 L/yr
4 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹8 L/yr
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Bajaj Allianz Life Insurance Management Trainee Salary and Career Growth

From

To

Management Trainee

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0 - 6 years exp.

Associate Vice President

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10 - 23 years exp.

Management Trainee

0 - 6 years exp.
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Assistant Manager

2 - 14 years exp.
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arrow icon 18% hike

Deputy Manager

1 - 16 years exp.
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arrow icon 26% 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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₹1.4 L/yr - ₹3 L/yr
Accountant Salary
(AmbitionBox Estimate)
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₹4.9 L/yr - ₹6.2 L/yr
Team Lead Salary
(46 salaries)
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₹1.8 L/yr - ₹7.25 L/yr
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₹2.5 L/yr - ₹12.03 L/yr
Analyst Salary
(5 salaries)
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₹3 L/yr - ₹7.5 L/yr
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₹3 L/yr - ₹5.5 L/yr
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₹1.15 L/yr - ₹3.15 L/yr
Senior Analyst Salary
(AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr
Deputy Manager Salary
(331 salaries)
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₹5 L/yr - ₹16.48 L/yr
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₹2.2 L/yr - ₹4.5 L/yr

Salary related reviews for Bajaj Allianz Life Insurance

3.4

Rated by 7 employees for salary & benefits

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.

read more

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.

read more
  • Salary - Bad
  • +6 more

Sales & Business Development Department

5.0
  •  posted on 11 Apr 2022

4.0
 for  Salary and Benefits

Likes

Overall work culture of the organisation is good and the management of the organisation is employee friendly

  • Salary - Good
  • +6 more

Dislikes

The only lacking point is that the organisation did not provide year on year salary hike until or unless someone did not achieve their yearly Targets.

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Other Department

1.0
  •  posted on 05 Apr 2021

1.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

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Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

read more
  • Salary - Bad
  • +6 more

Finance & Accounting Department

5.0
  •  posted on 19 Mar 2021

1.0
 for  Salary and Benefits

Likes

...d different processes. Managers are helping and can add value to your knowledge. Pay is good compare to the industry.

read more
  • Skill development - Good
  • +3 more

Dislikes

Sometime higher authority/Senior post employee speak louder and that time employee are going to dimotivate.

  • Salary - Bad

Axis Department

3.0
  •  posted on 18 Sep 2020

4.0
 for  Salary and Benefits

Likes

...ic i would like there system and there basic support all systems is online So it is good salary also completely provide during lockdown

read more
  • Salary - Good
  • +2 more

Dislikes

Internal support is poor senior are using avusive langue only senior candidate support if you new not a single support company environment not good specially girl candidate

read more
  • Job security - Bad
  • +1 more
see more salary related reviews

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Bajaj Allianz Life Insurance Management Trainee Salary FAQs

What is the salary of Management Trainee at Bajaj Allianz Life Insurance ?
The average salary of a Management Trainee at Bajaj Allianz Life Insurance in India typically ranges from ₹3.0 Lakhs to ₹9.1 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Management Trainee at Bajaj Allianz Life Insurance earn more than ₹9.1 Lakhs per year, and the top 1% earn over ₹14.0 Lakhs per year. Management Trainee 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 30+ Bajaj Allianz Life Insurance employees in India.
What is the estimated take home salary of a Management Trainee at Bajaj Allianz Life Insurance in India?
The estimated take-home salary of a Management Trainee at Bajaj Allianz Life Insurance in India typically ranges from ₹52,646 to ₹53,886 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹9.1 Lakhs per year for employees with experience ranging from Fresher to 6 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 30+ 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 Management Trainee in India?
Axis Max Life Insurance ₹16.0 Lakhs to ₹22.0 Lakhs per year
HDFC Ergo General Insurance ₹6.0 Lakhs to ₹14.8 Lakhs per year
Tata AIA Life Insurance ₹5.0 Lakhs to ₹20.0 Lakhs per year
HDFC Life ₹5.0 Lakhs to ₹15.0 Lakhs per year
AXA ₹8.0 Lakhs to ₹12.0 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 Management Trainee in companies similar to Bajaj Allianz Life Insurance in India?
The salary of a Management Trainee 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:

Aditya Birla Sun Life Insurance ₹7.0 Lakhs to ₹15.0 Lakhs per year
Tata AIG ₹3.8 Lakhs to ₹12.0 Lakhs per year
ICICI Lombard General Insurance Company ₹4.4 Lakhs to ₹12.0 Lakhs per year
AON Global Insurance Brokers ₹6.0 Lakhs to ₹10.5 Lakhs per year
Niva Bupa Health Insurance Company ₹3.4 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 Management Trainee at Bajaj Allianz Life Insurance in India?
The salary growth for a Management Trainee at Bajaj Allianz Life Insurance depends on factors such as experience, performance, and promotions. On average, a Management Trainee can expect the following growth trajectory at Bajaj Allianz Life Insurance:

Experience Average Salary Range
Fresher ₹3.0 Lakhs to ₹8.5 Lakhs per year
1 year ₹3.0 Lakhs to ₹11.6 Lakhs per year
2 years ₹3.0 Lakhs to ₹8.0 Lakhs per year
3 years ₹4.0 Lakhs to ₹12.4 Lakhs per year
and so on.

Tell us how to improve this page.

Bajaj Allianz Life Insurance Management Trainee salary in India ranges between ₹3 Lakhs to ₹9.1 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.