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Bajaj Allianz Life Insurance Regional Head salaries in Mumbai (Updated 2025)

Annual salary range
15 - 21 years exp.
₹17 Lakhs - ₹26.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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19% less than the average Regional Head Salary in Insurance Companies for 15 - 21 years of experience

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Salaries in different departments

Sales & Business Development
Regional Head Salary
15 - 21 years exp. (5 salaries)
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₹20 L/yr - ₹26.5 L/yr

BFSI, Investments & Trading
Regional Head Salary
15 - 21 years exp. (3 salaries)
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₹17 L/yr - ₹22.2 L/yr

Customer Success, Service & Operations
Regional Head Salary
20 - 21 years exp. (AmbitionBox Estimate)
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₹18 L/yr - ₹23 L/yr

Marketing & Communication
Regional Head Salary
18 - 19 years exp. (AmbitionBox Estimate)
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₹20 L/yr - ₹23.3 L/yr

Last Updated: 15 Mar 2025

Companies similar to Bajaj Allianz Life Insurance for Regional Head in Mumbai

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Bajaj Allianz Life Insurance Regional Head Salary

15 - 21 years exp. (13 salaries)

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₹17 L/yr - ₹26.5 L/yr

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₹21 L/yr - ₹24.4 L/yr

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Axis Max Life Insurance Regional Head Salary

14 - 22 years exp. (3 salaries)

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₹16 L/yr - ₹37 L/yr

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₹20.3 L/yr - ₹33.9 L/yr

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ICICI Bank Regional Head Salary

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₹18 L/yr - ₹64 L/yr

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IndusInd Bank Regional Head Salary

14 - 23 years exp. (33 salaries)

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₹12.3 L/yr - ₹46 L/yr

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16 job openings
Regional Head salary at Bajaj Allianz Life Insurance ranges between ₹17 Lakhs to ₹26.5 Lakhs per year for employees with experience between 15 years to 21 years. Salary estimates are based on 13 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Latest annual salaries shared by Bajaj Allianz Life Insurance Regional Head in Mumbai

2w ago
₹22 Lakhs
21 years exp.
3w ago
₹18 Lakhs
21 years exp.
1mo ago
₹22 Lakhs
21 years exp.
3mo ago
₹23 Lakhs
18 years exp.
4mo ago
₹17 Lakhs
16 years exp.
7mo ago
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19 years exp.
8mo ago
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15 years exp.
11mo ago
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20 years exp.
1y ago
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21 years exp.
1y ago
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19 years exp.

Experience wise Bajaj Allianz Life Insurance Regional Head salaries in Mumbai

Last Updated: 15 Mar 2025

Experience Avg Annual Salary
15+ years  (13 salaries)

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₹17 L/yr - ₹26.5 L/yr

Similar Designation salaries in Bajaj Allianz Life Insurance

Deputy Manager Salary
(68 salaries)
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₹5 L/yr - ₹16 L/yr
Area Manager Salary
(11 salaries)
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₹5 L/yr - ₹13 L/yr
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₹15 L/yr - ₹23 L/yr
State Head Salary
(7 salaries)
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₹15 L/yr - ₹23.15 L/yr

Top skills at Bajaj Allianz Life Insurance for Regional Head

IT Support Life Insurance Insurance Sales Marking Corporate Presentations UPLC Agency Sales Agency Channel

Salary related reviews for Bajaj Allianz Life Insurance

5.0

Rated by 1 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.

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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

 · 

Sales & Business Development Department

1.0
  •  posted on 22 Sep 2023

1.0
 for  Salary and Benefits

Likes

If you are doing at least one policy per month of min 5k then no one is going to fire you. Products of Bajaj Allianz Life Insurance is good.

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Dislikes

...manager on Sat and Sun. So there is no work no life no balance. Growth is none. No salary increments. Very very very low salary. Incentives earning is very much difficult. By any chance if you entered into the life insurance industry and especially into Agency channel then life worst. Extensive traveling across the city on your own expenses. Very hectic job

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.

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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 Regional Head Salary FAQs

What is the salary of Regional Head at Bajaj Allianz Life Insurance in Mumbai?
The average salary of a Regional Head at Bajaj Allianz Life Insurance in Mumbai typically ranges from ₹17.0 Lakhs to ₹26.5 Lakhs per year, depending on experience (from 15 years to 21 years).

The top 10% of Regional Head in Mumbai at Bajaj Allianz Life Insurance earn more than ₹23.7 Lakhs per year, and the top 1% earn over ₹26.5 Lakhs per year. Regional Head 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 Regional Head at Bajaj Allianz Life Insurance in Mumbai?
The estimated take-home salary of a Regional Head at Bajaj Allianz Life Insurance in Mumbai typically ranges from ₹1,40,094 to ₹1,45,292 per month. This is based on the average salary range of ₹17.0 Lakhs to ₹26.5 Lakhs per year for employees with experience ranging from 15 years to 21 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 Regional Head at Bajaj Allianz Life Insurance in Mumbai?
To be a Regional Head at Bajaj Allianz Life Insurance in Mumbai, the key skills required include:

  • - IT Support
  • - Life Insurance
  • - Insurance Sales
  • - Marking
  • - Corporate Presentations

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 Regional Head in India?
ICICI Bank ₹18.0 Lakhs to ₹64.0 Lakhs per year
IndusInd Bank ₹12.3 Lakhs to ₹46.0 Lakhs per year
Star Health & Allied Insurance ₹20.3 Lakhs to ₹33.9 Lakhs per year
ICICI Prudential Life Insurance ₹21.0 Lakhs to ₹24.4 Lakhs per year
Axis Max Life Insurance ₹16.0 Lakhs to ₹37.0 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.
How the salary growth look like for a Regional Head at Bajaj Allianz Life Insurance in Mumbai?
The salary growth for a Regional Head at Bajaj Allianz Life Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Regional Head in Mumbai can expect the following growth trajectory at Bajaj Allianz Life Insurance:

Experience Average Salary Range
15 years ₹17.0 Lakhs to ₹26.5 Lakhs per year
and so on.

Tell us how to improve this page.

Bajaj Allianz Life Insurance Regional Head salary in Mumbai ranges between ₹17 Lakhs to ₹26.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 13 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.