Bajaj Allianz Life Insurance Relationship Manager Salaries by 700+ Employees (Updated 2024)

0 - 10 years exp.

₹1.6 Lakh - ₹4.8 Lakhs

Salary of majority employees

35% less than the average Relationship Manager Salary in Insurance Companies for 0 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Relationship Manager Salary 0 - 10 years exp. (240 salaries)	₹1.8 L/yr - ₹4.5 L/yr
Sales & Business Development Relationship Manager Salary 0 - 10 years exp. (159 salaries)	₹1.6 L/yr - ₹4.5 L/yr
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Customer Success, Service & Operations Relationship Manager Salary 0 - 7 years exp. (76 salaries)	₹1.8 L/yr - ₹4.6 L/yr
Finance & Accounting Relationship Manager Salary 0 - 10 years exp. (43 salaries)	₹1.8 L/yr - ₹4.8 L/yr
Marketing & Communication Relationship Manager Salary 0 - 10 years exp. (39 salaries)	₹2 L/yr - ₹4.5 L/yr

Last Updated: 16 Dec 2024

Companies similar to Bajaj Allianz Life Insurance for Relationship Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Relationship Manager Salary 0 - 10 years exp. (761 salaries)	₹1.7 L/yr - ₹5 L/yr 6% more	1 job opening
ICICI Prudential Life Insurance Relationship Manager Salary 0 - 7 years exp. (354 salaries)	₹1.9 L/yr - ₹8 L/yr 35% more
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SBI Life Insurance Company Relationship Manager Salary 2 - 10 years exp. (60 salaries)	₹2.5 L/yr - ₹6 L/yr 30% more
Max Life Insurance Relationship Manager Salary 0 - 10 years exp. (466 salaries)	₹1.1 L/yr - ₹7 L/yr 42% more	15 job openings
Kotak Mahindara Life Insurance Relationship Manager Salary 0 - 7 years exp. (182 salaries)	₹1.8 L/yr - ₹6 L/yr 12% more	6 job openings
Tata AIA Life Insurance Relationship Manager Salary 0 - 9 years exp. (1.4k salaries)	₹2 L/yr - ₹5.3 L/yr 22% more	191 job openings
PNB MetLife Relationship Manager Salary 0 - 12 years exp. (1.3k salaries)	₹2.3 L/yr - ₹4.7 L/yr 12% more	3 job openings
Care Health Insurance Relationship Manager Salary 0 - 7 years exp. (470 salaries)	₹1.5 L/yr - ₹5.4 L/yr 10% less	4 job openings
ICICI Lombard General Insurance Company Relationship Manager Salary 0 - 14 years exp. (335 salaries)	₹2 L/yr - ₹8.6 L/yr 45% more
Star Health & Allied Insurance Relationship Manager Salary 0 - 10 years exp. (293 salaries)	₹1.1 L/yr - ₹4.1 L/yr At par	1 job opening
Aditya Birla Sun Life Insurance Relationship Manager Salary 0 - 6 years exp. (245 salaries)	₹2 L/yr - ₹6 L/yr 11% more
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Reliance Nippon Life Insurance Relationship Manager Salary 0 - 8 years exp. (208 salaries)	₹1.7 L/yr - ₹6 L/yr 6% more
SBI General Insurance Relationship Manager Salary 1 - 9 years exp. (182 salaries)	₹1.8 L/yr - ₹5.7 L/yr 9% more
Aditya Birla Health Insurance Co Relationship Manager Salary 0 - 7 years exp. (175 salaries)	₹2.5 L/yr - ₹8.6 L/yr 49% more
HDFC Ergo General Insurance Relationship Manager Salary 2 - 10 years exp. (81 salaries)	₹1.9 L/yr - ₹6 L/yr 15% more
Shriram Life Insurance Relationship Manager Salary 0 - 6 years exp. (99 salaries)	₹1.8 L/yr - ₹6.3 L/yr 25% more
MetLife Relationship Manager Salary 1 - 7 years exp. (13 salaries)	₹3 L/yr - ₹3.9 L/yr 6% more
Marsh Relationship Manager Salary 2 - 6 years exp. (7 salaries)	₹8 L/yr - ₹17 L/yr 313% more
Life Insurance Corporation of India Relationship Manager Salary 0 - 5 years exp. (6 salaries)	₹2.2 L/yr - ₹5 L/yr 22% more
The Oriental Insurance Co. Relationship Manager Salary 7 - 8 years exp. (3 salaries)	₹30 L/yr - ₹36 L/yr 946% more

Relationship Manager salary at Bajaj Allianz Life Insurance ranges between ₹1.6 Lakh to ₹4.8 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 792 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Experience wise Bajaj Allianz Life Insurance Relationship Manager salaries

Last Updated: 16 Dec 2024

Experience	Avg Annual Salary
Fresher (122 salaries)	₹1.8 L/yr - ₹4 L/yr
1 year (150 salaries)	₹1.8 L/yr - ₹4.5 L/yr
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2 years (141 salaries)	₹1.6 L/yr - ₹4.3 L/yr
3 years (136 salaries)	₹1.9 L/yr - ₹4.5 L/yr
4 years (104 salaries)	₹1.8 L/yr - ₹4.5 L/yr
5 years (66 salaries)	₹1.8 L/yr - ₹4.5 L/yr
6 years (38 salaries)	₹2.3 L/yr - ₹4.6 L/yr
7 years (20 salaries)	₹2.2 L/yr - ₹4.3 L/yr
8 years (7 salaries)	₹2.5 L/yr - ₹4.5 L/yr
9 years (3 salaries)	₹2.5 L/yr - ₹3.7 L/yr
10 years (5 salaries)	₹2.5 L/yr - ₹4.8 L/yr

View all

Similar Designation salaries in Bajaj Allianz Life Insurance

Regional Manager Salary

(106 salaries)

₹9.2 L/yr - ₹23 L/yr

Branch Manager Salary

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₹4.5 L/yr - ₹12.85 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹12.2 L/yr - ₹15.5 L/yr

Marketing Manager Salary

(10 salaries)

₹5 L/yr - ₹15 L/yr

Deputy Manager Salary

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₹4.5 L/yr - ₹16.5 L/yr

Business Manager Salary

(4 salaries)

₹4.5 L/yr - ₹5.15 L/yr

Territory Manager Salary

(230 salaries)

₹3.65 L/yr - ₹9.18 L/yr

Sales Manager Salary

(228 salaries)

₹1.55 L/yr - ₹7 L/yr

Zonal Sales Manager Salary

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₹12 L/yr - ₹38 L/yr

Senior Sales Manager Salary

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₹2.2 L/yr - ₹5.1 L/yr

Top skills at Bajaj Allianz Life Insurance for Relationship Manager

Life Insurance Relationship Management Sales Bancassurance Insurance Sales Insurance Direct Sales Life Insurance Sales banca banca sales General Insurance Business Development direct marketing Health Insurance

Salary related reviews for Bajaj Allianz Life Insurance

4.0

Rated by 335 employees for salary & 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.

Relationship Manager in Jaipur

Sales & Business Development Department

5.0

• posted on 11 Apr 2022

4.0

for Salary and Benefits

Likes

Overall work culture of the organisation is good and the management of the organisation is employee friendly

Dislikes

The only lacking point is that the organisation did not provide year on year salary hike until or unless someone did not achieve their yearly Targets.

Relationship Manager in Lucknow

Other Department

1.0

• posted on 05 Apr 2021

1.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Relationship Manager in Bharuch

Axis Department

3.0

• posted on 18 Sep 2020

4.0

for Salary and Benefits

Likes

...ic i would like there system and there basic support all systems is online So it is good salary also completely provide during lockdown

Dislikes

Internal support is poor senior are using avusive langue only senior candidate support if you new not a single support company environment not good specially girl candidate

Relationship Manager in Ratnagiri

Sales manager Department

4.0

• posted on 28 Jun 2020

4.0

for Salary and Benefits

Likes

I left the company before lockdown But the company provides good package for the freshers also Will get many things to learn Once can stay in the company if he/she has the ability to work under the exposure of pressure

Dislikes

All the insurance company has pressure Selling insurance is as difficult as selling a comb to a bald

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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 Relationship Manager Salary FAQs

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

Relationship Manager salary at Bajaj Allianz Life Insurance in India ranges between ₹1.6 Lakhs to ₹4.8 Lakhs for less than 1 year of experience to 10 years. According to our estimates it is 35% less than the average Relationship Manager Salary in India. Salary estimates are based on 792 latest salaries received from various employees of Bajaj Allianz Life Insurance India.

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

The average salary of a Relationship Manager at Bajaj Allianz Life Insurance is 35% less than the average salary of a Relationship Manager in India. To know exact salary insights, login to view.

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

Life Insurance, Relationship Management, Sales, Bancassurance and Insurance Sales are some of the popular skills required to work as a Relationship Manager at Bajaj Allianz Life Insurance India.

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

The Oriental Insurance Co. Relationship Manager Salary - ₹30.0 Lakhs to ₹36.0 Lakhs per year
Marsh Relationship Manager Salary - ₹8.0 Lakhs to ₹17.0 Lakhs per year
Aditya Birla Health Insurance Co Relationship Manager Salary - ₹2.5 Lakhs to ₹8.6 Lakhs per year
ICICI Lombard General Insurance Company Relationship Manager Salary - ₹2.0 Lakhs to ₹8.6 Lakhs per year
Max Life Insurance Relationship Manager Salary - ₹1.1 Lakhs to ₹7.0 Lakhs per year

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

ICICI Prudential Life Insurance Relationship Manager Salary - ₹1.9 Lakhs to ₹8.0 Lakhs per year
SBI Life Insurance Company Relationship Manager Salary - ₹2.5 Lakhs to ₹6.0 Lakhs per year
Shriram Life Insurance Relationship Manager Salary - ₹1.8 Lakhs to ₹6.3 Lakhs per year
Tata AIA Life Insurance Relationship Manager Salary - ₹2.0 Lakhs to ₹5.3 Lakhs per year
Life Insurance Corporation of India Relationship Manager Salary - ₹2.2 Lakhs to ₹5.0 Lakhs per year

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

The estimated take-home salary of a Relationship Manager at Bajaj Allianz Life Insurance ranges between ₹23,512 per month to ₹24,973 per month in India. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance Relationship Manager salary in India which ranges between ₹1.6 Lakhs to ₹4.8 Lakhs per year for employees with less than 1 year of experience to 10 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 75% of the Bajaj Allianz Life Insurance Relationship Managers reported a notice period of 1 Month, 16% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 1.1k responses on AmbitionBox in last 2 years.

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Bajaj Allianz Life Insurance Relationship Manager Salaries

Bajaj Allianz Life Insurance Relationship Manager salary in India ranges between ₹1.6 Lakh to ₹4.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 792 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.

Bajaj Allianz Life Insurance Relationship Manager salaries in India

Companies similar to Bajaj Allianz Life Insurance for Relationship Manager

Latest annual salaries shared by Bajaj Allianz Life Insurance Relationship Manager

Experience wise Bajaj Allianz Life Insurance Relationship Manager salaries

Similar Designation salaries in Bajaj Allianz Life Insurance

Top skills at Bajaj Allianz Life Insurance for Relationship Manager

Salary related reviews for Bajaj Allianz Life Insurance

Relationship Manager in Bangalore / Bengaluru

Relationship Manager in Jaipur

Relationship Manager in Lucknow

Relationship Manager in Bharuch

Relationship Manager in Ratnagiri

Bajaj Allianz Life Insurance Relationship Manager Salary FAQs

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Bajaj Allianz Life Insurance Relationship Manager Salaries by Location