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

3 - 18 years exp.

₹6 Lakhs - ₹22 Lakhs

Salary of majority employees

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20% less than the average Manager Salary in Insurance Companies for 3 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager Salary 5 - 18 years exp. (45 salaries)	Unlock ₹5 L/yr - ₹17.3 L/yr
Customer Success, Service & Operations Manager Salary 4 - 17 years exp. (24 salaries)	Unlock ₹10.5 L/yr - ₹18 L/yr
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Finance & Accounting Manager Salary 3 - 18 years exp. (22 salaries)	Unlock ₹8.7 L/yr - ₹19 L/yr
Project & Program Management Manager Salary 3 - 16 years exp. (15 salaries)	Unlock ₹11 L/yr - ₹20.5 L/yr
Data Science & Analytics Manager Salary 5 - 17 years exp. (7 salaries)	Unlock ₹7 L/yr - ₹19 L/yr

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Last Updated: 5 Mar 2025

Companies similar to Bajaj Allianz Life Insurance for Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Manager Salary 1 - 16 years exp. (495 salaries)	Unlock ₹4.7 L/yr - ₹15.9 L/yr 27% less
ICICI Prudential Life Insurance Manager Salary 1 - 13 years exp. (290 salaries)	Unlock ₹3.4 L/yr - ₹14 L/yr 39% less
Login to view exact salary
SBI Life Insurance Company Manager Salary 3 - 20 years exp. (272 salaries)	Unlock ₹5.5 L/yr - ₹18 L/yr 14% less
Axis Max Life Insurance Manager Salary 5 - 15 years exp. (271 salaries)	Unlock ₹3.8 L/yr - ₹15.4 L/yr 33% less	4 job openings
Reliance Nippon Life Insurance Manager Salary 2 - 18 years exp. (126 salaries)	Unlock ₹2.8 L/yr - ₹10.1 L/yr 55% less
Kotak Mahindara Life Insurance Manager Salary 0 - 12 years exp. (559 salaries)	Unlock ₹2.4 L/yr - ₹8.5 L/yr 59% less
Tata AIA Life Insurance Manager Salary 3 - 18 years exp. (288 salaries)	Unlock ₹5.8 L/yr - ₹22 L/yr 9% more	3 job openings
Aviva Life Insurance India Manager Salary 3 - 14 years exp. (54 salaries)	Unlock ₹7 L/yr - ₹17.6 L/yr 13% less
PNB MetLife Manager Salary 7 - 17 years exp. (72 salaries)	Unlock ₹4.8 L/yr - ₹15.5 L/yr 18% less	2 job openings
HDFC Ergo General Insurance Manager Salary 4 - 16 years exp. (401 salaries)	Unlock ₹4.5 L/yr - ₹16.4 L/yr 26% less

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Manager salary at Bajaj Allianz Life Insurance ranges between ₹6 Lakhs to ₹22 Lakhs per year for employees with experience between 3 years to 18 years. Salary estimates are based on 176 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Latest annual salaries shared by Bajaj Allianz Life Insurance Manager

6d ago

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12 years exp.

6d ago

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18 years exp.

2w ago

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10 years exp.

2w ago

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10 years exp.

2w ago

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15 years exp.

3w ago

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16 years exp.

3w ago

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11 years exp.

3w ago

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12 years exp.

3w ago

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3 years exp.

3w ago

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8 years exp.

Experience wise Bajaj Allianz Life Insurance Manager salaries

Last Updated: 5 Mar 2025

Experience	Avg Annual Salary
3 years (7 salaries)	Unlock ₹6 L/yr - ₹17.3 L/yr
4 years (5 salaries)	Unlock ₹12.4 L/yr - ₹19 L/yr
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5 years (14 salaries)	Unlock ₹5.4 L/yr - ₹19.5 L/yr
6 years (12 salaries)	Unlock ₹6 L/yr - ₹18 L/yr
7 years (12 salaries)	Unlock ₹8.1 L/yr - ₹20 L/yr
8 years (13 salaries)	Unlock ₹6 L/yr - ₹19 L/yr
9 years (10 salaries)	Unlock ₹6.4 L/yr - ₹20.5 L/yr
10 years (15 salaries)	Unlock ₹6 L/yr - ₹17.7 L/yr
11 years (7 salaries)	Unlock ₹7 L/yr - ₹19 L/yr
12 years (20 salaries)	Unlock ₹6 L/yr - ₹19 L/yr
13 years (11 salaries)	Unlock ₹11 L/yr - ₹18 L/yr
14 years (16 salaries)	Unlock ₹6 L/yr - ₹22 L/yr
15+ years (34 salaries)	Unlock ₹5.8 L/yr - ₹18.5 L/yr

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From

Manager

₹

Lakhs/yr

3 - 18 years exp.

Associate Vice President

₹

Lakhs/yr

10 - 23 years exp.

Manager

3 - 18 years exp.

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Senior Manager

1 - 10 years exp.

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-20% hike

Chief Manager

7 - 21 years exp.

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146% 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

Audit Manager Salary

(AmbitionBox Estimate)

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₹12.5 L/yr - ₹16 L/yr

Credit Manager Salary

(AmbitionBox Estimate)

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₹6.7 L/yr - ₹8.5 L/yr

Deputy Manager Salary

(297 salaries)

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₹4.5 L/yr - ₹16.5 L/yr

Finance Manager Salary

(5 salaries)

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₹13.5 L/yr - ₹18 L/yr

Proprietor Salary

(AmbitionBox Estimate)

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₹9.2 L/yr - ₹11.7 L/yr

Management Trainee Salary

(35 salaries)

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₹3 L/yr - ₹9.5 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.8 L/yr

Senior Associate Salary

(9 salaries)

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₹3 L/yr - ₹5.5 L/yr

Financial Analyst Salary

(3 salaries)

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₹2.5 L/yr - ₹12.03 L/yr

Audit Executive Salary

(AmbitionBox Estimate)

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₹0.2 L/yr - ₹0.2 L/yr

Top skills at Bajaj Allianz Life Insurance for Manager

Sales Market Intelligence Channel Partners LI Life Insurance

Salary related reviews for Bajaj Allianz Life Insurance

3.7

Rated by 37 employees for salary & benefits

Financial Analyst in Delhi

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.

Skill development - Good

+3 more

Dislikes

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

Salary - Bad

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

Seles Executive in Pune

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.

Salary - Excellent

+6 more

Executive Relationship Manager in Bankura

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.

Senior Executive in Mumbai

Full Time

Product Management Department

1.0

• posted on 24 Jan 2025

1.0

for Salary and Benefits

Likes

Nothing.

Dislikes

...w manager are treated the worst. Designation will not help you find another job. No increment or promotion unless you are from tier 1 college or your salary is above 30 lpa. Skill development is only provided for the person belonging to their community. Senior positions are occupied by Malyalam speaking community and hence increment and promotions are only for them. No outdoor trips as it's only applicable for senior positions. Junior employees don't stay more than 3 months in the company. Company culture is the worst across Bajaj companies. They treat employees in such a way that they should jump off their building and end their lives as they encourage their family members and friends in other companies to not hire their team members. Hence an employee is stuck for rest of their lives in the same place with the lowest salary.

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Bajaj Allianz Life Insurance Manager Salary FAQs

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

Manager salary at Bajaj Allianz Life Insurance in India ranges between ₹6.0 Lakhs to ₹22.0 Lakhs for experience between 3 years to 18 years. According to our estimates it is 20% less than the average Manager Salary in India. Salary estimates are based on 176 latest salaries received from various employees of Bajaj Allianz Life Insurance India.

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

The average salary of a Manager at Bajaj Allianz Life Insurance is 20% less than the average salary of a Manager in India. To know exact salary insights, login to view.

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

Sales, Market Intelligence, Channel Partners, LI and Life Insurance are some of the popular skills required to work as a Manager at Bajaj Allianz Life Insurance India.

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

Allstate Manager Salary - ₹21.0 Lakhs to ₹60.0 Lakhs per year
Principal Global Services Manager Salary - ₹19.5 Lakhs to ₹40.0 Lakhs per year
First American Corporation Manager Salary - ₹17.0 Lakhs to ₹30.0 Lakhs per year
AXA Manager Salary - ₹15.0 Lakhs to ₹34.5 Lakhs per year
United India Insurance Company Manager Salary - ₹10.0 Lakhs to ₹26.0 Lakhs per year

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

Bajaj Allianz General Insurance Manager Salary - ₹10.0 Lakhs to ₹28.0 Lakhs per year
The Oriental Insurance Co. Manager Salary - ₹7.0 Lakhs to ₹20.0 Lakhs per year
AIG Manager Salary - ₹9.0 Lakhs to ₹22.0 Lakhs per year
Allianz Partners Manager Salary - ₹9.0 Lakhs to ₹20.0 Lakhs per year
Tata AIA Life Insurance Manager Salary - ₹5.8 Lakhs to ₹22.0 Lakhs per year

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

The estimated take-home salary of a Manager at Bajaj Allianz Life Insurance ranges between ₹91,750 per month to ₹94,206 per month in India. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance Manager salary in India which ranges between ₹6.0 Lakhs to ₹22.0 Lakhs per year for employees with experience between 3 years to 18 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 60% of the Bajaj Allianz Life Insurance Managers reported a notice period of 3 Months, 21% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 151 responses on AmbitionBox in last 2 years.

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Bajaj Allianz Life Insurance Manager Salaries

Bajaj Allianz Life Insurance Manager salary in India ranges between ₹6 Lakhs to ₹22 Lakhs with an average annual salary of ₹. Salary estimates are based on 176 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.

Bajaj Allianz Life Insurance Manager salaries in India (Updated 2025)

Companies similar to Bajaj Allianz Life Insurance for Manager

Latest annual salaries shared by Bajaj Allianz Life Insurance Manager

Experience wise Bajaj Allianz Life Insurance Manager salaries

Similar Designation salaries in Bajaj Allianz Life Insurance

Top skills at Bajaj Allianz Life Insurance for Manager

Salary related reviews for Bajaj Allianz Life Insurance

Financial Analyst in Delhi

Senior Area Manager in Hyderabad / Secunderabad

Seles Executive in Pune

Executive Relationship Manager in Bankura

Senior Executive in Mumbai

Bajaj Allianz Life Insurance Manager Salary FAQs

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