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

Annual salary range
3 - 18 years exp.
₹7.6 Lakhs - ₹22 Lakhs
Salary of majority employees
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Fixed (84%)
₹12.5 Lakhs
Variable (16%)
₹2.4 Lakhs
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12% less than the average Manager Salary in Insurance Companies for 3 - 18 years of experience

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Salaries in different departments

Finance & Accounting
Manager Salary
3 - 18 years exp. (18 salaries)
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₹11.5 L/yr - ₹19 L/yr

BFSI, Investments & Trading
Manager Salary
7 - 18 years exp. (16 salaries)
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₹9 L/yr - ₹17.3 L/yr

Project & Program Management
Manager Salary
3 - 16 years exp. (14 salaries)
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₹11 L/yr - ₹20.5 L/yr

Customer Success, Service & Operations
Manager Salary
4 - 16 years exp. (13 salaries)
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₹10.5 L/yr - ₹18 L/yr

Data Science & Analytics
Manager Salary
3 - 17 years exp. (7 salaries)
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₹7 L/yr - ₹22 L/yr

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Last Updated: 5 Mar 2025

Companies similar to Bajaj Allianz Life Insurance for Manager in Pune

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Bajaj Allianz Life Insurance Manager Salary

3 - 18 years exp. (95 salaries)

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₹7.6 L/yr - ₹22 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Life Manager Salary

4 - 12 years exp. (25 salaries)

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₹4.5 L/yr - ₹15.1 L/yr

arrow icon 42% less
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ICICI Prudential Life Insurance Manager Salary

1 - 12 years exp. (23 salaries)

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₹4.2 L/yr - ₹13 L/yr

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Axis Max Life Insurance Manager Salary

5 - 12 years exp. (6 salaries)

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₹6 L/yr - ₹12 L/yr

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Kotak Mahindara Life Insurance Manager Salary

0 - 9 years exp. (26 salaries)

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₹3 L/yr - ₹6 L/yr

arrow icon 65% less
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Bajaj Allianz General Insurance Manager Salary

6 - 19 years exp. (55 salaries)

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₹8.1 L/yr - ₹30 L/yr

arrow icon 19% more
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HDFC Ergo General Insurance Manager Salary

4 - 15 years exp. (28 salaries)

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₹5 L/yr - ₹14 L/yr

arrow icon 32% less
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Tata AIG Manager Salary

1 - 10 years exp. (13 salaries)

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₹5 L/yr - ₹11.5 L/yr

arrow icon 55% less
7 job openings
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₹6 L/yr - ₹13.5 L/yr

arrow icon 41% less
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₹8 L/yr - ₹12 L/yr

arrow icon 34% less
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Allstate Manager Salary

14 - 22 years exp. (4 salaries)

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₹21 L/yr - ₹40 L/yr

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Principal Global Services Manager Salary

8 - 20 years exp. (4 salaries)

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₹21.5 L/yr - ₹40 L/yr

arrow icon 97% more
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Allianz Partners Manager Salary

11 - 16 years exp. (3 salaries)

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₹9 L/yr - ₹13.3 L/yr

arrow icon 19% less
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Shriram Life Insurance Manager Salary

3 - 6 years exp. (3 salaries)

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₹3.6 L/yr - ₹7.9 L/yr

arrow icon 59% less
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₹6.9 L/yr - ₹10.9 L/yr

arrow icon 47% less

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Manager salary at Bajaj Allianz Life Insurance ranges between ₹7.6 Lakhs to ₹22 Lakhs per year for employees with experience between 3 years to 18 years. Salary estimates are based on 95 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Latest annual salaries shared by Bajaj Allianz Life Insurance Manager in Pune

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Experience wise Bajaj Allianz Life Insurance Manager salaries in Pune

Last Updated: 5 Mar 2025

Experience Avg Annual Salary
3 years  (4 salaries)

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₹12 L/yr - ₹20 L/yr
4 years  (5 salaries)

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₹12.4 L/yr - ₹19 L/yr
5 years  (8 salaries)

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₹11.4 L/yr - ₹21 L/yr
6 years  (8 salaries)

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₹14 L/yr - ₹21.7 L/yr
7 years  (5 salaries)

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₹13.1 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 - 23 years exp.

Manager 3 - 18 years exp.
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Senior Manager 1 - 10 years exp.
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arrow icon -25% hike
Chief Manager 7 - 21 years exp.
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arrow icon 157% hike

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Similar Designation salaries in Bajaj Allianz Life Insurance

Deputy Manager Salary
(131 salaries)
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₹5.4 L/yr - ₹16.5 L/yr
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₹3 L/yr - ₹5.5 L/yr
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₹13.5 L/yr - ₹18 L/yr
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₹3.5 L/yr - ₹8 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

3.5

Rated by 16 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

 · 

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....

read more
  • Salary - Bad
  • +6 more

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

 · 

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
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 Pune?
Manager salary at Bajaj Allianz Life Insurance in Pune ranges between ₹7.6 Lakhs to ₹22.0 Lakhs for experience between 3 years to 18 years. According to our estimates it is 12% less than the average Manager Salary in India. Salary estimates are based on 95 latest salaries received from various employees of Bajaj Allianz Life Insurance Pune.
How does the salary of a Manager at Bajaj Allianz Life Insurance Pune compare with the average salary range for this job?
The average salary of a Manager at Bajaj Allianz Life Insurance is 12% less than the average salary of a Manager in Pune. 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 Pune.
Which similar companies are paying more than Bajaj Allianz Life Insurance to a Manager in Pune?
  • Allstate Manager Salary - ₹21.0 Lakhs to ₹40.0 Lakhs per year
  • Principal Global Services Manager Salary - ₹21.5 Lakhs to ₹40.0 Lakhs per year
  • Bajaj Allianz General Insurance Manager Salary - ₹8.1 Lakhs to ₹30.0 Lakhs per year
What is the salary of a Manager in companies similar to Bajaj Allianz Life Insurance in Pune?
  • Allianz Partners Manager Salary - ₹9.0 Lakhs to ₹13.3 Lakhs per year
  • HDFC Ergo General Insurance Manager Salary - ₹5.0 Lakhs to ₹14.0 Lakhs per year
  • Aditya Birla Health Insurance Co Manager Salary - ₹8.0 Lakhs to ₹12.0 Lakhs per year
  • Aditya Birla Sun Life Insurance Manager Salary - ₹6.0 Lakhs to ₹13.5 Lakhs per year
  • HDFC Life Manager Salary - ₹4.5 Lakhs to ₹15.1 Lakhs per year
What is the estimated take home salary of a Manager at Bajaj Allianz Life Insurance in Pune?
The estimated take-home salary of a Manager at Bajaj Allianz Life Insurance ranges between ₹1,02,994 per month to ₹1,05,812 per month in Pune. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance Manager salary in India which ranges between ₹7.6 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 in Pune?
According to AmbitionBox, 78% of the Bajaj Allianz Life Insurance Managers in Pune reported a notice period of 3 Months, 9% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 63 responses on AmbitionBox in last 2 years.

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Bajaj Allianz Life Insurance Manager salary in Pune ranges between ₹7.6 Lakhs to ₹22 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 95 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.