Bajaj Allianz Life Insurance New Delhi Relationship Manager Salaries by 50+ Employees (Updated 2025)

0 - 9 years exp.

₹2.3 Lakhs - ₹5 Lakhs

Salary of majority employees

29% less than the average Relationship Manager Salary in Insurance Companies for 0 - 9 years of experience

Interested in this particular role? 11 job openings

Salaries in different departments

Sales & Business Development Relationship Manager Salary 0 - 9 years exp. (16 salaries)	₹2.3 L/yr - ₹5 L/yr
BFSI, Investments & Trading Relationship Manager Salary 0 - 6 years exp. (15 salaries)	₹2.5 L/yr - ₹4.5 L/yr
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Customer Success, Service & Operations Relationship Manager Salary 2 - 6 years exp. (9 salaries)	₹3.5 L/yr - ₹4.6 L/yr
Finance & Accounting Relationship Manager Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹4.2 L/yr
Marketing & Communication Relationship Manager Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.3 L/yr

Last Updated: 4 Feb 2025

Companies similar to Bajaj Allianz Life Insurance for Relationship Manager in New Delhi

Bajaj Allianz Life Insurance Relationship Manager Salary

0 - 9 years exp. (52 salaries)

₹2.3 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Relationship Manager Salary 0 - 9 years exp. (49 salaries)	₹2 L/yr - ₹4.5 L/yr 3% less	2 job openings
ICICI Prudential Life Insurance Relationship Manager Salary 0 - 7 years exp. (38 salaries)	₹1.9 L/yr - ₹9 L/yr 25% more
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SBI Life Insurance Company Relationship Manager Salary 4 - 10 years exp. (7 salaries)	₹3 L/yr - ₹4.9 L/yr 17% more
Max Life Insurance Relationship Manager Salary 0 - 10 years exp. (83 salaries)	₹2.4 L/yr - ₹7 L/yr 30% more	8 job openings
Kotak Mahindara Life Insurance Relationship Manager Salary 0 - 7 years exp. (20 salaries)	₹2 L/yr - ₹5 L/yr 3% less	6 job openings
PNB MetLife Relationship Manager Salary 0 - 12 years exp. (253 salaries)	₹2.5 L/yr - ₹4.5 L/yr 1% less	164 job openings
Tata AIA Life Insurance Relationship Manager Salary 0 - 9 years exp. (186 salaries)	₹1.8 L/yr - ₹5.5 L/yr 7% more	214 job openings
Niva Bupa Health Insurance Company Relationship Manager Salary 0 - 10 years exp. (142 salaries)	₹2.5 L/yr - ₹4.5 L/yr 2% less	1 job opening
Tata AIG Relationship Manager Salary 0 - 12 years exp. (105 salaries)	₹2.8 L/yr - ₹7.5 L/yr 28% more	16 job openings
Star Health & Allied Insurance Relationship Manager Salary 0 - 7 years exp. (55 salaries)	₹2.2 L/yr - ₹4.2 L/yr 14% less
Aditya Birla Sun Life Insurance Relationship Manager Salary 0 - 7 years exp. (45 salaries)	₹2.5 L/yr - ₹5.5 L/yr 1% less
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ICICI Lombard General Insurance Company Relationship Manager Salary 1 - 10 years exp. (38 salaries)	₹2.7 L/yr - ₹7 L/yr 26% more	1 job opening
Bajaj Allianz General Insurance Relationship Manager Salary 1 - 10 years exp. (30 salaries)	₹2 L/yr - ₹5.8 L/yr 12% more	75 job openings
Aditya Birla Health Insurance Co Relationship Manager Salary 0 - 7 years exp. (17 salaries)	₹3 L/yr - ₹7 L/yr 27% more
Reliance Nippon Life Insurance Relationship Manager Salary 1 - 10 years exp. (16 salaries)	₹2.2 L/yr - ₹5 L/yr 5% more
Shriram Life Insurance Relationship Manager Salary 3 - 7 years exp. (6 salaries)	₹3.5 L/yr - ₹6 L/yr 26% more
HDFC Ergo General Insurance Relationship Manager Salary 2 - 6 years exp. (5 salaries)	₹2.5 L/yr - ₹5.2 L/yr 2% less

Relationship Manager salary at Bajaj Allianz Life Insurance ranges between ₹2.3 Lakhs to ₹5 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 52 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Experience wise Bajaj Allianz Life Insurance Relationship Manager salaries in New Delhi

Last Updated: 4 Feb 2025

Experience	Avg Annual Salary
Fresher (7 salaries)	₹2.5 L/yr - ₹3.6 L/yr
1 year (4 salaries)	₹2.3 L/yr - ₹3.5 L/yr
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2 years (8 salaries)	₹2.5 L/yr - ₹3.6 L/yr
3 years (8 salaries)	₹2.8 L/yr - ₹3.8 L/yr
4 years (14 salaries)	₹2.3 L/yr - ₹5 L/yr
5 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.7 L/yr
6 years (6 salaries)	₹2.8 L/yr - ₹4.6 L/yr
7 years (AmbitionBox Estimate)	₹3 L/yr - ₹7 L/yr
8 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
9 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹5 L/yr

View all

From

Relationship Manager

₹

Lakhs/yr

0 - 10 years exp.

Chief Branch Manager

₹

Lakhs/yr

10 - 21 years exp.

Relationship Manager 0 - 10 years exp.

Branch Manager 7 - 18 years exp.

143% hike

Senior Branch Manager 9 - 21 years exp.

25% hike

Similar Designation salaries in Bajaj Allianz Life Insurance

Sales Manager Salary

(26 salaries)

₹2.25 L/yr - ₹5 L/yr

Deputy Manager Salary

(20 salaries)

₹6.3 L/yr - ₹15 L/yr

Branch Sales Manager Salary

(14 salaries)

₹3.5 L/yr - ₹5.5 L/yr

Territory Manager Salary

(12 salaries)

₹6 L/yr - ₹8 L/yr

Area Manager Salary

(10 salaries)

₹5.75 L/yr - ₹16.5 L/yr

Branch Manager Salary

(4 salaries)

₹7.5 L/yr - ₹10.6 L/yr

Top skills at Bajaj Allianz Life Insurance for Relationship Manager

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

Salary related reviews for Bajaj Allianz Life Insurance

4.6

Rated by 7 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.

Salary - Bad

+6 more

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

Salary - Good

+6 more

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.

Salary - Bad

+6 more

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

Salary - Good

+2 more

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

Job security - Bad

+1 more

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

Salary - Good

+6 more

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

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Bajaj Allianz Life Insurance Relationship Manager Salary FAQs

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

Relationship Manager salary at Bajaj Allianz Life Insurance in New Delhi ranges between ₹2.3 Lakhs to ₹5.0 Lakhs for less than 1 year of experience to 9 years. According to our estimates it is 29% less than the average Relationship Manager Salary in India. Salary estimates are based on 52 latest salaries received from various employees of Bajaj Allianz Life Insurance New Delhi.

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

The average salary of a Relationship Manager at Bajaj Allianz Life Insurance is 29% less than the average salary of a Relationship Manager in New Delhi. 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 New Delhi.

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

Max Life Insurance Relationship Manager Salary - ₹2.4 Lakhs to ₹7.0 Lakhs per year
Tata AIG Relationship Manager Salary - ₹2.8 Lakhs to ₹7.5 Lakhs per year
Aditya Birla Health Insurance Co Relationship Manager Salary - ₹3.0 Lakhs to ₹7.0 Lakhs per year
Shriram Life Insurance Relationship Manager Salary - ₹3.5 Lakhs to ₹6.0 Lakhs per year
ICICI Lombard General Insurance Company Relationship Manager Salary - ₹2.7 Lakhs to ₹7.0 Lakhs per year

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

ICICI Prudential Life Insurance Relationship Manager Salary - ₹1.9 Lakhs to ₹9.0 Lakhs per year
SBI Life Insurance Company Relationship Manager Salary - ₹3.0 Lakhs to ₹4.9 Lakhs per year
Bajaj Allianz General Insurance Relationship Manager Salary - ₹2.0 Lakhs to ₹5.8 Lakhs per year
Tata AIA Life Insurance Relationship Manager Salary - ₹1.8 Lakhs to ₹5.5 Lakhs per year
Reliance Nippon Life Insurance 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 New Delhi?

The estimated take-home salary of a Relationship Manager at Bajaj Allianz Life Insurance ranges between ₹27,178 per month to ₹28,585 per month in New Delhi. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance Relationship Manager salary in India which ranges between ₹2.3 Lakhs to ₹5.0 Lakhs per year for employees with less than 1 year of experience to 9 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 73% of the Bajaj Allianz Life Insurance Relationship Managers in New Delhi reported a notice period of 1 Month, 15% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 40 responses on AmbitionBox in last 2 years.

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Bajaj Allianz Life Insurance Relationship Manager Salaries in New Delhi

Bajaj Allianz Life Insurance Relationship Manager salary in New Delhi ranges between ₹2.3 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 52 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.

Bajaj Allianz Life Insurance Relationship Manager salaries in New Delhi

Companies similar to Bajaj Allianz Life Insurance for Relationship Manager in New Delhi

Latest annual salaries shared by Bajaj Allianz Life Insurance Relationship Manager in New Delhi

Experience wise Bajaj Allianz Life Insurance Relationship Manager salaries in New Delhi

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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