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Bajaj Allianz Life Insurance Senior Area Manager salaries in India (Updated 2025)

Annual salary range
6 - 17 years exp.
₹6.3 Lakhs - ₹14 Lakhs
Salary of majority employees
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24% less than the average Senior Area Manager Salary in Insurance Companies for 6 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Senior Area Manager Salary
6 - 17 years exp. (165 salaries)
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₹6.4 L/yr - ₹14 L/yr

Sales & Business Development
Senior Area Manager Salary
6 - 17 years exp. (97 salaries)
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₹6.3 L/yr - ₹14 L/yr

Marketing & Communication
Senior Area Manager Salary
6 - 16 years exp. (11 salaries)
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₹7 L/yr - ₹13.6 L/yr

Last Updated: 1 Mar 2025

Companies similar to Bajaj Allianz Life Insurance for Senior Area Manager

Company name Avg Annual Salary Open Jobs
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HDFC Life Senior Area Manager Salary

9 - 12 years exp. (4 salaries)

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₹3.5 L/yr - ₹8.5 L/yr

arrow icon 37% less
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₹6.5 L/yr - ₹16 L/yr

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₹9 L/yr - ₹21 L/yr

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₹8 L/yr - ₹20 L/yr

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₹10 L/yr - ₹21 L/yr

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₹17.5 L/yr - ₹24 L/yr

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₹3 L/yr - ₹8.2 L/yr

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PNB MetLife Senior Area Manager Salary

13 - 17 years exp. (5 salaries)

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₹7.5 L/yr - ₹9 L/yr

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₹7.1 L/yr - ₹8.6 L/yr

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₹7.3 L/yr - ₹12 L/yr

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₹4.7 L/yr - ₹6 L/yr

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₹7.1 L/yr - ₹9.7 L/yr

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Senior Area Manager salary at Bajaj Allianz Life Insurance ranges between ₹6.3 Lakhs to ₹14 Lakhs per year for employees with experience between 6 years to 17 years. Salary estimates are based on 314 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Latest annual salaries shared by Bajaj Allianz Life Insurance Senior Area Manager

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7 years exp.
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13 years exp.
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15 years exp.
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11 years exp.
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13 years exp.
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14 years exp.
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14 years exp.

Experience wise Bajaj Allianz Life Insurance Senior Area Manager salaries

Last Updated: 1 Mar 2025

Experience Avg Annual Salary
6 years  (8 salaries)

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₹6.5 L/yr - ₹12 L/yr
7 years  (3 salaries)

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₹9 L/yr - ₹12 L/yr
8 years  (23 salaries)

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₹7.4 L/yr - ₹11.8 L/yr
9 years  (15 salaries)

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₹6.4 L/yr - ₹11 L/yr
10 years  (31 salaries)

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₹6.4 L/yr - ₹12.3 L/yr
View all
Bajaj Allianz Life Insurance Senior Area Manager Salary and Career Growth

From

To

Senior Area Manager

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6 - 17 years exp.

State Manager

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9 - 25 years exp.

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

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₹2.4 L/yr - ₹4.5 L/yr
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₹6.5 L/yr - ₹13 L/yr
Area Manager Salary
(227 salaries)
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₹5 L/yr - ₹16.5 L/yr
Regional Manager Salary
(121 salaries)
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₹7 L/yr - ₹23 L/yr
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₹4.9 L/yr - ₹9.1 L/yr
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₹2.66 L/yr - ₹4 L/yr
Territory Manager Salary
(227 salaries)
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₹3.65 L/yr - ₹9.17 L/yr
Sales Manager Salary
(205 salaries)
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₹1.55 L/yr - ₹7 L/yr
Branch Manager Salary
(142 salaries)
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₹4.5 L/yr - ₹13.5 L/yr
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₹3.45 L/yr - ₹13.56 L/yr
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Salary related reviews for Bajaj Allianz Life Insurance

4.2

Rated by 54 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 04 Mar 2025

1.0
 for  Salary and Benefits

Likes

Nothing is there to like to this company...

Dislikes

Here there is no system for credit the salary and it's based on Manager's wish . If Manager wants to hold the salary, he can without any reason also... So Bajaj is not better choice for who works harldy with honesty....

read more
  • Salary - Bad
  • +6 more

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.

read more
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Bajaj Allianz Life Insurance Senior Area Manager Salary FAQs

What is the salary of Senior Area Manager at Bajaj Allianz Life Insurance?
Senior Area Manager salary at Bajaj Allianz Life Insurance in India ranges between ₹6.3 Lakhs to ₹14.0 Lakhs for experience between 6 years to 17 years. According to our estimates it is 24% less than the average Senior Area Manager Salary in India. Salary estimates are based on 314 latest salaries received from various employees of Bajaj Allianz Life Insurance India.
How does the salary of a Senior Area Manager at Bajaj Allianz Life Insurance India compare with the average salary range for this job?
The average salary of a Senior Area Manager at Bajaj Allianz Life Insurance is 24% less than the average salary of a Senior Area Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Bajaj Allianz Life Insurance to a Senior Area Manager in India?
  • Star Health & Allied Insurance Senior Area Manager Salary - ₹17.5 Lakhs to ₹24.0 Lakhs per year
  • Tata AIA Life Insurance Senior Area Manager Salary - ₹10.0 Lakhs to ₹21.0 Lakhs per year
  • Axis Max Life Insurance Senior Area Manager Salary - ₹8.0 Lakhs to ₹20.0 Lakhs per year
  • SBI Life Insurance Company Senior Area Manager Salary - ₹9.0 Lakhs to ₹21.0 Lakhs per year
  • ICICI Prudential Life Insurance Senior Area Manager Salary - ₹6.5 Lakhs to ₹16.0 Lakhs per year
What is the salary of a Senior Area Manager in companies similar to Bajaj Allianz Life Insurance in India?
  • Bajaj Allianz General Insurance Senior Area Manager Salary - ₹7.3 Lakhs to ₹12.0 Lakhs per year
  • PNB MetLife Senior Area Manager Salary - ₹7.5 Lakhs to ₹9.0 Lakhs per year
  • HDFC Ergo General Insurance Senior Area Manager Salary - ₹7.1 Lakhs to ₹9.7 Lakhs per year
  • Aditya Birla Sun Life Insurance Senior Area Manager Salary - ₹7.1 Lakhs to ₹8.6 Lakhs per year
  • HDFC Life Senior Area Manager Salary - ₹3.5 Lakhs to ₹8.5 Lakhs per year
What is the estimated take home salary of a Senior Area Manager at Bajaj Allianz Life Insurance in India?
The estimated take-home salary of a Senior Area Manager at Bajaj Allianz Life Insurance ranges between ₹73,311 per month to ₹75,204 per month in India. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance Senior Area Manager salary in India which ranges between ₹6.3 Lakhs to ₹14.0 Lakhs per year for employees with experience between 6 years to 17 years. Check how did we calculate take home salary?
What is the notice period for Senior Area Manager at Bajaj Allianz Life Insurance?
According to AmbitionBox, 76% of the Bajaj Allianz Life Insurance Senior Area Managers reported a notice period of 3 Months, 10% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 308 responses on AmbitionBox in last 2 years.

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Bajaj Allianz Life Insurance Senior Area Manager salary in India ranges between ₹6.3 Lakhs to ₹14 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 314 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.

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