Bajaj Allianz Life Insurance Product Manager Salaries by 10+ Employees (Updated 2024)

0 - 14 years exp.

₹8 Lakhs - ₹18.9 Lakhs

Salary of majority employees

20% less than the average Product Manager Salary in Insurance Companies for 0 - 14 years of experience

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Salaries in different departments

Product Management Product Manager Salary 0 - 6 years exp. (4 salaries)	₹13 L/yr - ₹18.9 L/yr
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BFSI, Investments & Trading Product Manager Salary 13 - 14 years exp. (AmbitionBox Estimate)	₹12 L/yr - ₹15.1 L/yr

Last Updated: 11 Dec 2024

Companies similar to Bajaj Allianz Life Insurance for Product Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Product Manager Salary 2 - 8 years exp. (76 salaries)	₹7.5 L/yr - ₹20 L/yr 28% less
ICICI Prudential Life Insurance Product Manager Salary 0 - 7 years exp. (37 salaries)	₹6.7 L/yr - ₹21 L/yr 10% less
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SBI Life Insurance Company Product Manager Salary 2 - 7 years exp. (18 salaries)	₹7.8 L/yr - ₹14.5 L/yr 39% less
Max Life Insurance Product Manager Salary 2 - 10 years exp. (30 salaries)	₹7.2 L/yr - ₹30 L/yr 1% less	1 job opening
Tata AIA Life Insurance Product Manager Salary 5 - 10 years exp. (7 salaries)	₹9 L/yr - ₹19.4 L/yr 4% less
ICICI Lombard General Insurance Company Product Manager Salary 0 - 6 years exp. (276 salaries)	₹6 L/yr - ₹23 L/yr 18% less
Care Health Insurance Product Manager Salary 0 - 6 years exp. (37 salaries)	₹6 L/yr - ₹15 L/yr 40% less
Kotak Mahindara Life Insurance Product Manager Salary 1 - 7 years exp. (24 salaries)	₹11.7 L/yr - ₹26.9 L/yr 7% less
HDFC Ergo General Insurance Product Manager Salary 0 - 3 years exp. (19 salaries)	₹11 L/yr - ₹19 L/yr 10% less
Principal Global Services Product Manager Salary 9 - 14 years exp. (11 salaries)	₹26 L/yr - ₹44 L/yr 86% more
Star Health & Allied Insurance Product Manager Salary 4 - 8 years exp. (11 salaries)	₹13 L/yr - ₹30.5 L/yr 5% more
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Aditya Birla Health Insurance Co Product Manager Salary 2 - 9 years exp. (8 salaries)	₹9 L/yr - ₹25.5 L/yr 6% less
Aditya Birla Sun Life Insurance Product Manager Salary 1 - 6 years exp. (6 salaries)	₹10 L/yr - ₹16 L/yr 29% less
Reliance Nippon Life Insurance Product Manager Salary 5 - 7 years exp. (5 salaries)	₹6 L/yr - ₹15 L/yr 29% less
MetLife Product Manager Salary 5 - 24 years exp. (4 salaries)	₹20 L/yr - ₹28.5 L/yr 38% more
PNB MetLife Product Manager Salary 2 - 8 years exp. (4 salaries)	₹14.5 L/yr - ₹25 L/yr 13% more
SBI General Insurance Product Manager Salary 1 - 13 years exp. (3 salaries)	₹8.2 L/yr - ₹15.5 L/yr 35% less

Product Manager salary at Bajaj Allianz Life Insurance ranges between ₹8 Lakhs to ₹18.9 Lakhs per year for employees with less than 1 year of experience to 14 years. Salary estimates are based on 11 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Experience wise Bajaj Allianz Life Insurance Product Manager salaries

Last Updated: 11 Dec 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹13 L/yr - ₹30.4 L/yr
1 year (AmbitionBox Estimate)	₹15.3 L/yr - ₹19.5 L/yr
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2 years (AmbitionBox Estimate)	₹14 L/yr - ₹30.6 L/yr
3 years (3 salaries)	₹8 L/yr - ₹30.7 L/yr
4 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹18.9 L/yr
5 years (AmbitionBox Estimate)	₹10 L/yr - ₹30.9 L/yr
6 years (AmbitionBox Estimate)	₹17 L/yr - ₹31 L/yr
7 years (AmbitionBox Estimate)	₹15.6 L/yr - ₹19.9 L/yr
8 years (AmbitionBox Estimate)	₹15.6 L/yr - ₹20 L/yr
9 years (AmbitionBox Estimate)	₹15.7 L/yr - ₹20 L/yr
10 years (AmbitionBox Estimate)	₹15.7 L/yr - ₹20.1 L/yr
11 years (AmbitionBox Estimate)	₹15.8 L/yr - ₹20.2 L/yr
12 years (AmbitionBox Estimate)	₹15.8 L/yr - ₹20.2 L/yr
13 years (AmbitionBox Estimate)	₹12 L/yr - ₹31.7 L/yr
14 years (AmbitionBox Estimate)	₹12 L/yr - ₹31.8 L/yr

View all

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Top skills at Bajaj Allianz Life Insurance for Product Manager

Business Analytics Product Management Product Life Cycle Management Product Strategy Go-to-market Strategy Business Analysis Product Conceptualization

Salary related reviews for Bajaj Allianz Life Insurance

4.4

Rated by 4 employees for salary & benefits

System Engineer in Gurgaon / Gurugram

Full Time

IT & Information Security Department

1.0

• posted on 05 Oct 2024

1.0

for Salary and Benefits

Likes

No any reason 👎

Dislikes

...gnity and respect, and it's our responsibility to speak out against such abuses." My working period is normal, Bu my year promotion is stuck, after revoke not increase my salary, after 3 months he was suggested per month salary increas next coming mong. by include people, mis-ber. ve with engineer, if you selected b, Hari. Naveen,, denied from job on immediately I think my 3 year lost in precision tech serve. Thank app for taking feedback on worker end, Thank to all, best wishes you for luck.

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

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

Assistant Manager Operations in Pune

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 13 Jul 2024

4.0

for Salary and Benefits

Likes

Salary is at par within Insurance Industry

Dislikes

Job is a very good gift from God it cannot be bad. It serves you and your family. No dislikes. It can be possible that you get a bad manager who doesn't understand it's team members but it's okay, you get paid for your job noone else opinion matters. I agree that at some point of time tragactries of growth will get affected if your manager don't understand you but at the same time if you are not satisfied you can look for change.

Senior Specialist in Mumbai

Full Time

Finance & Accounting Department

5.0

• posted on 28 Jun 2024

5.0

for Salary and Benefits

Likes

...eel that there's no any perfect working environment as compared to this company. This company offers the opportunity to work independently and creatively to get tasks done along with good pay and benefits.

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.

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Bajaj Allianz Life Insurance Product Manager Salary FAQs

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

Product Manager salary at Bajaj Allianz Life Insurance in India ranges between ₹8.0 Lakhs to ₹18.9 Lakhs for less than 1 year of experience to 14 years. According to our estimates it is 20% less than the average Product Manager Salary in India. Salary estimates are based on 11 latest salaries received from various employees of Bajaj Allianz Life Insurance India.

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

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

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

Business Analytics, Product Management, Product Life Cycle Management, Product Strategy and Go-to-market Strategy are some of the popular skills required to work as a Product Manager at Bajaj Allianz Life Insurance India.

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

Principal Global Services Product Manager Salary - ₹26.0 Lakhs to ₹44.0 Lakhs per year
MetLife Product Manager Salary - ₹20.0 Lakhs to ₹28.5 Lakhs per year
PNB MetLife Product Manager Salary - ₹14.5 Lakhs to ₹25.0 Lakhs per year
Star Health & Allied Insurance Product Manager Salary - ₹13.0 Lakhs to ₹30.5 Lakhs per year

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

Max Life Insurance Product Manager Salary - ₹7.2 Lakhs to ₹30.0 Lakhs per year
Tata AIA Life Insurance Product Manager Salary - ₹9.0 Lakhs to ₹19.4 Lakhs per year
Aditya Birla Health Insurance Co Product Manager Salary - ₹9.0 Lakhs to ₹25.5 Lakhs per year
Kotak Mahindara Life Insurance Product Manager Salary - ₹11.7 Lakhs to ₹26.9 Lakhs per year
HDFC Ergo General Insurance Product Manager Salary - ₹11.0 Lakhs to ₹19.0 Lakhs per year

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

The estimated take-home salary of a Product Manager at Bajaj Allianz Life Insurance ranges between ₹1,17,004 per month to ₹1,20,275 per month in India. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance Product Manager salary in India which ranges between ₹8.0 Lakhs to ₹18.9 Lakhs per year for employees with less than 1 year of experience to 14 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the Bajaj Allianz Life Insurance Product Managers reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 8 responses on AmbitionBox in last 2 years.

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Bajaj Allianz Life Insurance Product Manager Salaries

Bajaj Allianz Life Insurance Product Manager salary in India ranges between ₹8 Lakhs to ₹18.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.