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Bajaj Allianz Life Insurance Regional Manager salaries in Bangalore / Bengaluru (Updated 2025)

Annual salary range
12 - 19 years exp.
₹9.8 Lakhs - ₹22.1 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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6% less than the average Regional Manager Salary in Insurance Companies for 12 - 19 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Regional Manager Salary
12 - 13 years exp. (AmbitionBox Estimate)
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₹14.9 L/yr - ₹18.8 L/yr

Sales & Business Development
Regional Manager Salary
12 years exp. (AmbitionBox Estimate)
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₹13 L/yr - ₹16.7 L/yr

Administration & Facilities
Regional Manager Salary
12 years exp. (AmbitionBox Estimate)
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₹9.8 L/yr - ₹14 L/yr

Last Updated: 2 Feb 2025

Companies similar to Bajaj Allianz Life Insurance for Regional Manager in Bangalore / Bengaluru

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Bajaj Allianz Life Insurance Regional Manager Salary

12 - 19 years exp. (5 salaries)

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₹9.8 L/yr - ₹22.1 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Tata AIA Life Insurance Regional Manager Salary

10 - 15 years exp. (4 salaries)

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₹13.9 L/yr - ₹14.9 L/yr

arrow icon 8% less
2 job openings
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₹13.4 L/yr - ₹30 L/yr

arrow icon 54% more
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₹15 L/yr - ₹22.2 L/yr

arrow icon 44% more
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Axis Max Life Insurance Regional Manager Salary

12 - 15 years exp. (3 salaries)

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₹12.5 L/yr - ₹19.8 L/yr

arrow icon 21% more
1 job opening
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₹12.6 L/yr - ₹22 L/yr

arrow icon 8% more
Regional Manager salary at Bajaj Allianz Life Insurance ranges between ₹9.8 Lakhs to ₹22.1 Lakhs per year for employees with experience between 12 years to 19 years. Salary estimates are based on 5 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Latest annual salaries shared by Bajaj Allianz Life Insurance Regional Manager in Bangalore / Bengaluru

2mo ago
₹13 Lakhs
12 years exp.

Experience wise Bajaj Allianz Life Insurance Regional Manager salaries in Bangalore / Bengaluru

Last Updated: 2 Feb 2025

Experience Avg Annual Salary
12 years  (3 salaries)

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₹9.8 L/yr - ₹14.9 L/yr
13 years (AmbitionBox Estimate)

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₹12.6 L/yr - ₹16.1 L/yr
14 years (AmbitionBox Estimate)

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₹12.9 L/yr - ₹16.4 L/yr
15+ years (AmbitionBox Estimate)

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₹14.1 L/yr - ₹18 L/yr
Bajaj Allianz Life Insurance Regional Manager Salary and Career Growth

From

To

Regional Manager

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11 - 23 years exp.

Head National Sales

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22 - 25 years exp.

Regional Manager 11 - 23 years exp.
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Zonal Head 15 - 20 years exp.
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arrow icon 134% hike
    Head National Sales 22 - 25 years exp.
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    arrow icon 4% hike

    From

    To

    Regional Manager

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    11 - 23 years exp.

    Zonal Head Marketing

    Salary unavailable
    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

    unlock blur
    ₹2.2 L/yr - ₹4.5 L/yr
    Deputy Manager Salary
    (14 salaries)
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    ₹6 L/yr - ₹15.5 L/yr
    Area Manager Salary
    (11 salaries)
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    ₹6 L/yr - ₹10.5 L/yr
    Regional Head Salary
    (6 salaries)
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    ₹14 L/yr - ₹28.6 L/yr

    Top skills at Bajaj Allianz Life Insurance for Regional Manager

    Life Insurance Insurance Sales Direct Sales

    Salary related reviews for Bajaj Allianz Life Insurance

    3.3

    Rated by 2 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

     · 

    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.

    read more

    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.

    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 Regional Manager Salary FAQs

    What is the salary of Regional Manager at Bajaj Allianz Life Insurance in Bangalore / Bengaluru?
    The average salary of a Regional Manager at Bajaj Allianz Life Insurance in Bangalore / Bengaluru typically ranges from ₹9.8 Lakhs to ₹22.1 Lakhs per year, depending on experience (from 12 years to 19 years).

    The top 10% of Regional Manager in Bangalore / Bengaluru at Bajaj Allianz Life Insurance earn more than ₹22.1 Lakhs per year, and the top 1% earn over ₹22.1 Lakhs per year. Regional 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 5 Bajaj Allianz Life Insurance employees in India.
    What is the estimated take home salary of a Regional Manager at Bajaj Allianz Life Insurance in Bangalore / Bengaluru?
    The estimated take-home salary of a Regional Manager at Bajaj Allianz Life Insurance in Bangalore / Bengaluru typically ranges from ₹1,04,122 to ₹1,06,977 per month. This is based on the average salary range of ₹9.8 Lakhs to ₹22.1 Lakhs per year for employees with experience ranging from 12 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 5 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 Manager at Bajaj Allianz Life Insurance in Bangalore / Bengaluru?
    To be a Regional Manager at Bajaj Allianz Life Insurance in Bangalore / Bengaluru, the key skills required include:

    • - Life Insurance
    • - Insurance Sales
    • - Direct Sales

    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 Manager in India?
    ICICI Prudential Life Insurance ₹13.4 Lakhs to ₹30.0 Lakhs per year
    Reliance Nippon Life Insurance ₹15.0 Lakhs to ₹22.2 Lakhs per year
    Axis Max Life Insurance ₹12.5 Lakhs to ₹19.8 Lakhs per year
    Kotak Mahindara Life Insurance ₹12.6 Lakhs to ₹22.0 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 Regional Manager in companies similar to Bajaj Allianz Life Insurance in Bangalore / Bengaluru?
    The salary of a Regional Manager at companies similar to Bajaj Allianz Life Insurance in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

    Tata AIA Life Insurance ₹13.9 Lakhs to ₹14.9 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 Regional Manager at Bajaj Allianz Life Insurance in Bangalore / Bengaluru?
    The salary growth for a Regional Manager at Bajaj Allianz Life Insurance in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Regional Manager in Bangalore / Bengaluru can expect the following growth trajectory at Bajaj Allianz Life Insurance:

    Experience Average Salary Range
    12 years ₹9.8 Lakhs to ₹14.9 Lakhs per year
    13 years ₹12.6 Lakhs to ₹16.1 Lakhs per year
    14 years ₹12.9 Lakhs to ₹16.4 Lakhs per year
    15 years ₹14.1 Lakhs to ₹18.0 Lakhs per year
    and so on.

    Tell us how to improve this page.

    Bajaj Allianz Life Insurance Regional Manager salary in Bangalore / Bengaluru ranges between ₹9.8 Lakhs to ₹22.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.