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4.0

based on 4.5k Reviews

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Bajaj Allianz Life Insurance Retail Manager salaries in India

Annual salary range
0 - 3 years exp.
₹2.4 Lakhs - ₹4 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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44% less than the average Retail Manager Salary in Insurance Companies for 0 - 3 years of experience

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Last Updated: 5 Oct 2024

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Retail Manager salary at Bajaj Allianz Life Insurance ranges between ₹2.4 Lakhs to ₹4 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 6 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Latest annual salaries shared by Bajaj Allianz Life Insurance Retail Manager

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3 years exp.
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1 year exp.

Experience wise Bajaj Allianz Life Insurance Retail Manager salaries

Last Updated: 5 Oct 2024

Experience Avg Annual Salary
Fresher  (3 salaries)

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₹2.4 L/yr - ₹3.5 L/yr
1 year (AmbitionBox Estimate)

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₹1.3 L/yr - ₹4 L/yr
2 years (AmbitionBox Estimate)

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₹1.3 L/yr - ₹4 L/yr
3 years (AmbitionBox Estimate)

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₹1.2 L/yr - ₹4 L/yr

Similar Designation salaries in Bajaj Allianz Life Insurance

Store Manager Salary
(AmbitionBox Estimate)
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₹12.2 L/yr - ₹15.5 L/yr
Area Manager Salary
(213 salaries)
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₹5 L/yr - ₹14 L/yr
Deputy Manager Salary
(321 salaries)
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₹4.5 L/yr - ₹19 L/yr
Branch Manager Salary
(129 salaries)
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₹4.5 L/yr - ₹12 L/yr
Sales Manager Salary
(207 salaries)
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₹1.55 L/yr - ₹7 L/yr
Floor Manager Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
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₹3.5 L/yr - ₹11.89 L/yr
Cluster Manager Salary
(85 salaries)
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₹5 L/yr - ₹14.3 L/yr
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₹3.3 L/yr - ₹12.86 L/yr
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₹4.5 L/yr - ₹5.15 L/yr

Top skills at Bajaj Allianz Life Insurance for Retail Manager

General Insurance Health Insurance Motor Insurance

Salary related reviews for Bajaj Allianz Life Insurance

2.7

Rated by 6 employees for salary & benefits

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

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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

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.

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.

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Other Department

5.0
  •  posted on 05 May 2022

5.0
 for  Salary and Benefits

Likes

... period. Seniors are very supportive and give proper guidance at any situations. Salary on time.

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Dislikes

There is no dislike for me about this company

BFSI, Investments & Trading Department

1.0
  •  posted on 13 Apr 2021

5.0
 for  Salary and Benefits

Likes

DARPAN SIR WAS VERY HELPFUL DURING MY JOB. I LOVE THE WAY HE PROVIDES TRAINING. ON-TIME SALARY AND WEEKLY OFF IS THE MOST SATISFYING THINGS IN BAJAJ.

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Dislikes

IT IS SO SAD FOR ME TO KNOW THAT THE CULTURE IN BAJAJ ALLIANZ LIFE INSURANCE COMPANY IS WORST. EMPLOYEE IS BEING JUDGED ON BASIS OF THEIR CASTE AND COMMUNITY. I HAD BEEN TREATED THE SAME WAY BUT WHEN I COMPLAINT ABOUT THE SAME MY VOICE HAD BEEN PUSHED DOWN. NO SUCH ACTION IS BEING TAKEN AGAINST THE SENIOR. I BEGGED TO HR BUT NOTHING HAPPENED. I HAD BEEN SO HARSSSAD DURING MY JOB. NO ONE HELPED ME. I CANNOT DESCRIBE THE WAY I HAD BEEN TREATED. IF COMPANY WANTS TO KNOW THE ACTUAL TRUTH. PLEASE CHECK THE CCTV CAMERA BETWEEN 09:30 AM - 10:30 AM FOR DATED: 10/09/2020. EVERYTHING WOULD BE CLEAR THAT HOW I HAD BEEN TREATED BY VP, BINNENDRA KUMAR BINIT. THAT WAS SO RUDE AND SHAMEFUL. AFTER THAT I HAD BEEN THREATENED THAT I WOULD BE THROW OUT FROM THE COMPANY AND THE SAME HAD BEEN DONE BY THE BUNCH OF PEOPLE. BUT I WILL NOT LET THE THINGS GO AS EASY AS THE PEOPLE THINKS. I WILL RAISE THIS CONCERN INTO COURT AND SOCIAL MEDIA SO THAT ATLEAST WORK CULTURE WOULD BECOME HEALTHIFY IN BAJAJ FOR OTHER.

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Bajaj Allianz Life Insurance Retail Manager Salary FAQs

What is the salary of Retail Manager at Bajaj Allianz Life Insurance?
Retail Manager salary at Bajaj Allianz Life Insurance in India ranges between ₹2.4 Lakhs to ₹4.0 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 44% less than the average Retail Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Bajaj Allianz Life Insurance India.
How does the salary of a Retail Manager at Bajaj Allianz Life Insurance India compare with the average salary range for this job?
The average salary of a Retail Manager at Bajaj Allianz Life Insurance is 44% less than the average salary of a Retail Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Retail Manager at Bajaj Allianz Life Insurance?
General Insurance, Health Insurance and Motor Insurance are some of the popular skills required to work as a Retail Manager at Bajaj Allianz Life Insurance India.
Which similar companies are paying more than Bajaj Allianz Life Insurance to a Retail Manager in India?
  • Bata Retail Manager Salary - ₹13.0 Lakhs to ₹28.0 Lakhs per year
  • Vodafone Idea Retail Manager Salary - ₹5.0 Lakhs to ₹12.0 Lakhs per year
  • CarDekho Retail Manager Salary - ₹4.0 Lakhs to ₹8.5 Lakhs per year
  • CARS24 Retail Manager Salary - ₹2.4 Lakhs to ₹7.2 Lakhs per year
  • Reliance Retail Retail Manager Salary - ₹1.7 Lakhs to ₹7.0 Lakhs per year
What is the estimated take home salary of a Retail Manager at Bajaj Allianz Life Insurance in India?
The estimated take-home salary of a Retail Manager at Bajaj Allianz Life Insurance ranges between ₹23,002 per month to ₹24,471 per month in India. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance Retail Manager salary in India which ranges between ₹2.4 Lakhs to ₹4.0 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?
What is the notice period for Retail Manager at Bajaj Allianz Life Insurance?
According to AmbitionBox, 92% of the Bajaj Allianz Life Insurance Retail Managers reported a notice period of 15 days or less, 8% reported a notice period of 1 Month.This is based on 12 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Bajaj Allianz Life Insurance Retail Manager salary in India ranges between ₹2.4 Lakhs to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.