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

Annual salary range
3 - 18 years exp.
₹5.5 Lakhs - ₹20.4 Lakhs
Salary of majority employees
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24% 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
4 - 18 years exp. (51 salaries)
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₹4.3 L/yr - ₹17.3 L/yr

Customer Success, Service & Operations
Manager Salary
4 - 17 years exp. (24 salaries)
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₹7 L/yr - ₹18 L/yr

Finance & Accounting
Manager Salary
3 - 18 years exp. (21 salaries)
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₹8.4 L/yr - ₹19 L/yr

Project & Program Management
Manager Salary
3 - 16 years exp. (15 salaries)
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₹11 L/yr - ₹20.5 L/yr

Data Science & Analytics
Manager Salary
5 - 17 years exp. (8 salaries)
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₹7 L/yr - ₹19.4 L/yr

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Last Updated: 25 Feb 2025

Companies similar to Bajaj Allianz Life Insurance for Manager

Company name Avg Annual Salary Open Jobs
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HDFC Life Manager Salary

2 - 16 years exp. (467 salaries)

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₹4.5 L/yr - ₹15.6 L/yr

arrow icon 27% less
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ICICI Prudential Life Insurance Manager Salary

1 - 13 years exp. (295 salaries)

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₹3.5 L/yr - ₹14 L/yr

arrow icon 35% less
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SBI Life Insurance Company Manager Salary

3 - 20 years exp. (269 salaries)

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₹5.2 L/yr - ₹18 L/yr

arrow icon 9% less
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Max Life Insurance Manager Salary

5 - 15 years exp. (269 salaries)

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₹3.6 L/yr - ₹15.5 L/yr

arrow icon 29% less
5 job openings
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Reliance Nippon Life Insurance Manager Salary

2 - 18 years exp. (128 salaries)

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₹1.2 L/yr - ₹9.9 L/yr

arrow icon 57% less
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Kotak Mahindara Life Insurance Manager Salary

0 - 12 years exp. (566 salaries)

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₹2.8 L/yr - ₹8.5 L/yr

arrow icon 57% less
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Tata AIA Life Insurance Manager Salary

4 - 18 years exp. (242 salaries)

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₹6.5 L/yr - ₹25.6 L/yr

arrow icon 17% more
16 job openings
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Aviva Life Insurance India Manager Salary

3 - 14 years exp. (54 salaries)

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₹7 L/yr - ₹17.6 L/yr

arrow icon 8% less
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PNB MetLife Manager Salary

6 - 17 years exp. (76 salaries)

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₹4.8 L/yr - ₹15.5 L/yr

arrow icon 16% less
2 job openings
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Tata AIG Manager Salary

1 - 11 years exp. (460 salaries)

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₹3.7 L/yr - ₹10.9 L/yr

arrow icon 46% less
9 job openings
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Manager salary at Bajaj Allianz Life Insurance ranges between ₹5.5 Lakhs to ₹20.4 Lakhs per year for employees with experience between 3 years to 18 years. Salary estimates are based on 188 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Latest annual salaries shared by Bajaj Allianz Life Insurance Manager

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Experience wise Bajaj Allianz Life Insurance Manager salaries

Last Updated: 25 Feb 2025

Experience Avg Annual Salary
3 years  (6 salaries)

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₹5.3 L/yr - ₹17.3 L/yr
4 years  (5 salaries)

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₹5.5 L/yr - ₹19 L/yr
5 years  (17 salaries)

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₹6 L/yr - ₹19.5 L/yr
6 years  (14 salaries)

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₹5.8 L/yr - ₹18 L/yr
7 years  (16 salaries)

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₹6.2 L/yr - ₹20 L/yr
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Bajaj Allianz Life Insurance Manager Salary and Career Growth

From

To

Manager

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3 - 18 years exp.

Associate Vice President

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10 - 21 years exp.

Manager 3 - 18 years exp.
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Senior Manager 1 - 10 years exp.
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arrow icon -20% hike
Chief Manager 7 - 21 years exp.
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arrow icon 156% hike

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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
(300 salaries)
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₹4.5 L/yr - ₹16 L/yr
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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
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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
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₹3 L/yr - ₹5.5 L/yr
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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

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

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.

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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.

read more
  • Salary - Bad
  • +6 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.

see more salary related reviews

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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 ₹5.5 Lakhs to ₹20.4 Lakhs for experience between 3 years to 18 years. According to our estimates it is 24% less than the average Manager Salary in India. Salary estimates are based on 188 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 24% 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 - ₹7.0 Lakhs to ₹30.0 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 - ₹6.5 Lakhs to ₹25.6 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 ₹87,512 per month to ₹89,807 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 ₹5.5 Lakhs to ₹20.4 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 154 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Bajaj Allianz Life Insurance Manager salary in India ranges between ₹5.5 Lakhs to ₹20.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 188 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.