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

Annual salary range
4 - 19 years exp.
₹3.5 Lakhs - ₹15 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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23% less than the average Operations Manager Salary in Insurance Companies for 4 - 19 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Operations Manager Salary
4 - 12 years exp. (5 salaries)
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₹3.5 L/yr - ₹12.2 L/yr

Customer Success, Service & Operations
Operations Manager Salary
4 - 18 years exp. (4 salaries)
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₹5 L/yr - ₹14.3 L/yr

Sales & Business Development
Operations Manager Salary
11 years exp. (AmbitionBox Estimate)
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₹4.4 L/yr - ₹9.8 L/yr

Last Updated: 4 Jan 2025

Companies similar to Bajaj Allianz Life Insurance for Operations Manager

Company name Avg Annual Salary Open Jobs
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₹1.8 L/yr - ₹9 L/yr

arrow icon 45% less
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₹2.2 L/yr - ₹11 L/yr

arrow icon 28% less
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₹1.5 L/yr - ₹7.5 L/yr

arrow icon 49% less
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₹3.6 L/yr - ₹13 L/yr

arrow icon 4% less
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HDFC Life Operations Manager Salary

1 - 17 years exp. (38 salaries)

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₹1.5 L/yr - ₹10.4 L/yr

arrow icon 32% less
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₹2.7 L/yr - ₹9 L/yr

arrow icon 41% less
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Tata AIG Operations Manager Salary

5 - 12 years exp. (25 salaries)

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₹3.3 L/yr - ₹10 L/yr

arrow icon 33% less
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₹6.5 L/yr - ₹15.6 L/yr

arrow icon 39% more
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₹2.3 L/yr - ₹9.6 L/yr

arrow icon 33% less
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₹1.5 L/yr - ₹6.9 L/yr

arrow icon 36% less
View all
Operations Manager salary at Bajaj Allianz Life Insurance ranges between ₹3.5 Lakhs to ₹15 Lakhs per year for employees with experience between 4 years to 19 years. 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 Operations Manager

3d ago
₹14.3 Lakhs
18 years exp.
3mo ago
₹3.5 Lakhs
7 years exp.
7mo ago
₹13.5 Lakhs
17 years exp.
1y ago
₹10.9 Lakhs
15 years exp.
1y ago
₹5 Lakhs
4 years exp.
1y ago
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19 years exp.
1y ago
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10 years exp.
1y ago
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11 years exp.
1y ago
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16 years exp.
1y ago
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11 years exp.

Experience wise Bajaj Allianz Life Insurance Operations Manager salaries

Last Updated: 4 Jan 2025

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹10.6 L/yr
5 years (AmbitionBox Estimate)

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₹5.7 L/yr - ₹7.3 L/yr
6 years (AmbitionBox Estimate)

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₹4 L/yr - ₹12.2 L/yr
7 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹12.9 L/yr
8 years (AmbitionBox Estimate)

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₹4 L/yr - ₹13.7 L/yr
View all
Bajaj Allianz Life Insurance Operations Manager Salary and Career Growth

From

To

Operations Manager

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4 - 19 years exp.

Associate Vice President

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10 - 23 years exp.

Operations Manager

4 - 19 years exp.
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Manager

3 - 18 years exp.
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arrow icon 53% hike

Senior Manager

3 - 18 years exp.
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arrow icon 8% 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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₹1.55 L/yr - ₹5 L/yr
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₹16.1 L/yr - ₹23 L/yr
Service Manager Salary
(AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.6 L/yr
Team Manager Salary
(15 salaries)
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₹2.16 L/yr - ₹11.11 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹12.2 L/yr - ₹15.5 L/yr
Branch Manager Salary
(126 salaries)
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₹4.5 L/yr - ₹12.85 L/yr
Area Manager Salary
(211 salaries)
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₹5 L/yr - ₹16.5 L/yr
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(328 salaries)
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₹4.5 L/yr - ₹16.68 L/yr
Program Manager Salary
(20 salaries)
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₹6.6 L/yr - ₹24 L/yr
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(65 salaries)
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₹6.6 L/yr - ₹18.5 L/yr

Top skills at Bajaj Allianz Life Insurance for Operations Manager

Branch Operations Operations Management Life Insurance Backend Operations Insurance Operations Policy Servicing Policy Issuance

Salary related reviews for Bajaj Allianz Life Insurance

3.7

Rated by 6 employees for salary & benefits

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

 · 

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

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 16 Nov 2023

5.0
 for  Salary and Benefits

Likes

Good salary, nice incentive structure and promotion structure

  • Salary - Excellent
  • +4 more

Dislikes

No proper training , no support in business hence we lack in aquaring business as compared to Max life insurance aur competitors in axis bank channel.

read more

Full Time

 · 

Customer Success, Service & Operations Department

5.0
  •  posted on 08 Dec 2023

3.0
 for  Salary and Benefits

Likes

Every Thing is good culture seniors all things is good but in off roll employe salary not increase in 5 years that's the biggest concern for my side

read more
  • Skill development - Good
  • +3 more

Dislikes

Off Roll Employe salary not increase in 5 years that's the biggest concern for my side

read more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 09 May 2023

5.0
 for  Salary and Benefits

Likes

You get salary on time.

  • Salary - Excellent
  • +1 more

Dislikes

No one( Sr. Management) cares about you,they just need business that too what they ask from you " no need based selling". Rather then that there are meetings meetings and meetings for the sales team.

read more
  • Skill development - Bad
  • +4 more
see more salary related reviews

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Bajaj Allianz Life Insurance Operations Manager Salary FAQs

What is the salary of Operations Manager at Bajaj Allianz Life Insurance ?
The average salary of a Operations Manager at Bajaj Allianz Life Insurance in India typically ranges from ₹3.5 Lakhs to ₹15.0 Lakhs per year, depending on experience (from 4 years to 19 years).

The top 10% of Operations Manager at Bajaj Allianz Life Insurance earn more than ₹15.0 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. Operations Manager 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 10+ Bajaj Allianz Life Insurance employees in India.
What is the estimated take home salary of a Operations Manager at Bajaj Allianz Life Insurance in India?
The estimated take-home salary of a Operations Manager at Bajaj Allianz Life Insurance in India typically ranges from ₹61,810 to ₹63,378 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹15.0 Lakhs per year for employees with experience ranging from 4 years to 19 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 10+ salaries received from various employees of Bajaj Allianz Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Operations Manager at Bajaj Allianz Life Insurance ?
To be a Operations Manager at Bajaj Allianz Life Insurance in india, the key skills required include:

  • - Branch Operations
  • - Operations Management
  • - Life Insurance
  • - Backend Operations
  • - Insurance Operations

These skills are highly valued at Bajaj Allianz Life Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Bajaj Allianz Life Insurance for Operations Manager in India?
Allstate ₹17.5 Lakhs to ₹50.0 Lakhs per year
Principal Global Services ₹15.0 Lakhs to ₹27.0 Lakhs per year
Gallagher ₹15.9 Lakhs to ₹21.3 Lakhs per year
First American Corporation ₹15.0 Lakhs to ₹23.0 Lakhs per year
AIG ₹15.0 Lakhs to ₹16.0 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 Operations Manager in companies similar to Bajaj Allianz Life Insurance in India?
The salary of a Operations Manager 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:

Allianz ₹8.0 Lakhs to ₹23.0 Lakhs per year
Tata AIA Life Insurance ₹6.5 Lakhs to ₹15.6 Lakhs per year
SBI Life Insurance Company ₹3.6 Lakhs to ₹13.0 Lakhs per year
Niva Bupa Health Insurance Company ₹5.8 Lakhs to ₹8.1 Lakhs per year
Aditya Birla Health Insurance Co ₹3.4 Lakhs to ₹10.6 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 Operations Manager at Bajaj Allianz Life Insurance in India?
The salary growth for a Operations Manager at Bajaj Allianz Life Insurance depends on factors such as experience, performance, and promotions. On average, a Operations Manager can expect the following growth trajectory at Bajaj Allianz Life Insurance:

Experience Average Salary Range
4 years ₹3.5 Lakhs to ₹10.6 Lakhs per year
5 years ₹5.7 Lakhs to ₹7.3 Lakhs per year
6 years ₹4.0 Lakhs to ₹12.2 Lakhs per year
7 years ₹3.5 Lakhs to ₹12.9 Lakhs per year
and so on.

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Bajaj Allianz Life Insurance Operations Manager salary in India ranges between ₹3.5 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.