Bajaj Allianz Life Insurance Mumbai Premier Relationship Manager Salaries by 10 Employees (Updated 2025)

4 - 8 years exp.

₹4.9 Lakhs - ₹5.9 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Premier Relationship Manager Salary in Insurance Companies for 4 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Premier Relationship Manager Salary 4 - 8 years exp. (4 salaries)	₹4.9 L/yr - ₹5.3 L/yr
Sales & Business Development Premier Relationship Manager Salary 5 - 6 years exp. (4 salaries)	₹5.1 L/yr - ₹5.9 L/yr
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Customer Success, Service & Operations Premier Relationship Manager Salary 6 years exp. (AmbitionBox Estimate)	₹5.1 L/yr - ₹5.3 L/yr

Last Updated: 22 Mar 2025

Companies similar to Bajaj Allianz Life Insurance for Premier Relationship Manager in Mumbai

Bajaj Allianz Life Insurance Premier Relationship Manager Salary

4 - 8 years exp. (10 salaries)

₹4.9 L/yr - ₹5.9 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Max Life Insurance Premier Relationship Manager Salary 3 - 9 years exp. (9 salaries)	₹3.5 L/yr - ₹5.2 L/yr 11% less
ICICI Prudential Life Insurance Premier Relationship Manager Salary 5 - 7 years exp. (5 salaries)	₹6 L/yr - ₹7.5 L/yr 22% more
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Kotak Mahindara Life Insurance Premier Relationship Manager Salary 2 - 7 years exp. (5 salaries)	₹3.5 L/yr - ₹4.1 L/yr 28% less	4 job openings
Aviva Life Insurance India Premier Relationship Manager Salary 4 - 8 years exp. (12 salaries)	₹4.4 L/yr - ₹5.9 L/yr 4% less
Jio Premier Relationship Manager Salary 2 - 7 years exp. (10 salaries)	₹2.9 L/yr - ₹5.5 L/yr 31% less

Premier Relationship Manager salary at Bajaj Allianz Life Insurance ranges between ₹4.9 Lakhs to ₹5.9 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 10 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Experience wise Bajaj Allianz Life Insurance Premier Relationship Manager salaries in Mumbai

Last Updated: 22 Mar 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6.1 L/yr
5 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6.1 L/yr
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6 years (4 salaries)	₹5 L/yr - ₹5.5 L/yr
7 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
8 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr

Similar Designation salaries in Bajaj Allianz Life Insurance

Relationship Manager Salary

(54 salaries)

₹1.8 L/yr - ₹4.5 L/yr

Senior Relationship Manager Salary

(51 salaries)

₹2.05 L/yr - ₹4 L/yr

Executive Relationship Manager Salary

(42 salaries)

₹2.75 L/yr - ₹4.1 L/yr

Key Relationship Manager Salary

(12 salaries)

₹3.9 L/yr - ₹4.3 L/yr

Top skills at Bajaj Allianz Life Insurance for Premier Relationship Manager

Interpersonal Skills HNI Sales Sales Negotiation CRM Software

Salary related reviews for Bajaj Allianz Life Insurance

3.0

Rated by 1 employees for salary & benefits

Executive Relationship Manager in Kohima

Full Time

Sales & Business Development Department

1.0

• posted on 17 Mar 2025

1.0

for Salary and Benefits

Likes

No comments

Dislikes

Not getting salary on time, bad Area manger, bad HR, Always getting negative reviews no matter how much efforts we are giving . No support from highers ups. Getting too much calls and VC even on holidays. Still didn't got experience letter.

Salary - Bad

+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.

Executive Relationship Manager in Srinagar

Full Time

Sales & Business Development Department

1.0

• posted on 07 Sep 2024

4.0

for Salary and Benefits

Likes

Salary credited on time every month

Salary - Good

+1 more

Dislikes

In December i got gallbladder remove surgery and I got post surgery health issues i am not able to travel 50 kms/ day from branch to my residence and vice versa i had faced a lot of problems But my reporting manager namely ARSHAD WANI AND ASM Mr. ASHIQ don't coperate with me and send me abasccond mail and termination letter from hr total injustice Ganderbal Jammu and Kashmir Destroyed my career

Skill development - Bad

+4 more

Relationship Manager in Bangalore / Bengaluru

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.

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.

Salary - Bad

+6 more

Executive Relationship Manager in Patiala

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 03 Nov 2023

4.0

for Salary and Benefits

Likes

I liked about incentives, recognition, accommodations also about some investment traditional plans which good as compared to market. Also like term plan of bajaj Allianz life Which cheaper in the market and they give handsome discounts to their employees for self purchase.

Salary - Good

+1 more

Dislikes

...d office. No matter how far away form your place and no matter what is the time. Too much traveling, half of your salary was gone in traveling. If we talk about support from colleagues and manager or administration everyone just showing they doing but actually no one doing anything.

Skill development - Poor

+2 more

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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Bajaj Allianz Life Insurance Premier Relationship Manager Salary FAQs

What is the salary of Premier Relationship Manager at Bajaj Allianz Life Insurance in Mumbai?

The average salary of a Premier Relationship Manager at Bajaj Allianz Life Insurance in Mumbai typically ranges from ₹4.9 Lakhs to ₹5.9 Lakhs per year, depending on experience (from 4 years to 8 years).

The top 10% of Premier Relationship Manager in Mumbai at Bajaj Allianz Life Insurance earn more than ₹5.7 Lakhs per year, and the top 1% earn over ₹5.9 Lakhs per year. Premier Relationship 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 Premier Relationship Manager at Bajaj Allianz Life Insurance in Mumbai?

The estimated take-home salary of a Premier Relationship Manager at Bajaj Allianz Life Insurance in Mumbai typically ranges from ₹39,540 to ₹40,712 per month. This is based on the average salary range of ₹4.9 Lakhs to ₹5.9 Lakhs per year for employees with experience ranging from 4 years to 8 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 Premier Relationship Manager at Bajaj Allianz Life Insurance in Mumbai?

To be a Premier Relationship Manager at Bajaj Allianz Life Insurance in Mumbai, the key skills required include:

- Interpersonal Skills
- HNI Sales
- Sales
- Negotiation
- CRM Software

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 Premier Relationship Manager in India?

ICICI Prudential Life Insurance

₹6.0 Lakhs to ₹7.5 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 Premier Relationship Manager in companies similar to Bajaj Allianz Life Insurance in Mumbai?

The salary of a Premier Relationship Manager at companies similar to Bajaj Allianz Life Insurance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aviva Life Insurance India	₹4.4 Lakhs to ₹5.9 Lakhs per year
Axis Max Life Insurance	₹3.5 Lakhs to ₹5.2 Lakhs per year
Kotak Mahindara Life Insurance	₹3.5 Lakhs to ₹4.1 Lakhs per year
Jio	₹2.9 Lakhs to ₹5.5 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 Premier Relationship Manager at Bajaj Allianz Life Insurance in Mumbai?

The salary growth for a Premier Relationship Manager at Bajaj Allianz Life Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Premier Relationship Manager in Mumbai can expect the following growth trajectory at Bajaj Allianz Life Insurance:

Experience	Average Salary Range
4 years	₹4.7 Lakhs to ₹6.1 Lakhs per year
5 years	₹4.7 Lakhs to ₹6.1 Lakhs per year
6 years	₹5.0 Lakhs to ₹5.5 Lakhs per year
7 years	₹4.7 Lakhs to ₹6.0 Lakhs per year

and so on.

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Bajaj Allianz Life Insurance Premier Relationship Manager Salaries in Mumbai

Bajaj Allianz Life Insurance Premier Relationship Manager salary in Mumbai ranges between ₹4.9 Lakhs to ₹5.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.

Bajaj Allianz Life Insurance Premier Relationship Manager salaries in Mumbai (Updated 2025)

Companies similar to Bajaj Allianz Life Insurance for Premier Relationship Manager in Mumbai

Latest annual salaries shared by Bajaj Allianz Life Insurance Premier Relationship Manager in Mumbai

Experience wise Bajaj Allianz Life Insurance Premier Relationship Manager salaries in Mumbai

Similar Designation salaries in Bajaj Allianz Life Insurance

Top skills at Bajaj Allianz Life Insurance for Premier Relationship Manager

Salary related reviews for Bajaj Allianz Life Insurance

Executive Relationship Manager in Kohima

Executive Relationship Manager in Bankura

Executive Relationship Manager in Srinagar

Relationship Manager in Bangalore / Bengaluru

Executive Relationship Manager in Patiala

Bajaj Allianz Life Insurance Premier Relationship Manager Salary FAQs

Tell us how to improve this page.