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

Annual salary range
10 - 14 years exp.
₹10.1 Lakhs - ₹12.5 Lakhs
Salary of majority employees
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11% less than the average Senior Area Manager Salary in Insurance Companies for 10 - 14 years of experience

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Salaries in different departments

Sales & Business Development
Senior Area Manager Salary
11 - 14 years exp. (3 salaries)
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₹10.1 L/yr - ₹12.5 L/yr

BFSI, Investments & Trading
Senior Area Manager Salary
10 years exp. (AmbitionBox Estimate)
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₹8.6 L/yr - ₹11 L/yr

Last Updated: 22 Jan 2025

Companies similar to Bajaj Allianz Life Insurance for Senior Area Manager in Bhopal

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Bajaj Allianz Life Insurance Senior Area Manager Salary

10 - 14 years exp. (4 salaries)

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₹10.1 L/yr - ₹12.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹9 L/yr - ₹15 L/yr

arrow icon 24% more
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₹5.4 L/yr - ₹5.8 L/yr

arrow icon 44% less
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₹15.5 L/yr - ₹17.5 L/yr

arrow icon 69% more
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₹5.3 L/yr - ₹5.8 L/yr

arrow icon 45% less
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Kajaria Ceramics Senior Area Manager Salary

10 - 16 years exp. (3 salaries)

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₹8 L/yr - ₹12.9 L/yr

arrow icon 23% more
Senior Area Manager salary at Bajaj Allianz Life Insurance ranges between ₹10.1 Lakhs to ₹12.5 Lakhs per year for employees with experience between 10 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Allianz Life Insurance.

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

2mo ago
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11 years exp.
2mo ago
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13 years exp.
3mo ago
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14 years exp.
1y ago
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10 years exp.

Experience wise Bajaj Allianz Life Insurance Senior Area Manager salaries in Bhopal

Last Updated: 22 Jan 2025

Experience Avg Annual Salary
10 years (AmbitionBox Estimate)

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₹8.9 L/yr - ₹11.3 L/yr
11 years (AmbitionBox Estimate)

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₹9.1 L/yr - ₹11.6 L/yr
12 years (AmbitionBox Estimate)

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₹9.3 L/yr - ₹11.9 L/yr
13 years (AmbitionBox Estimate)

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₹9.5 L/yr - ₹12.1 L/yr
14 years (AmbitionBox Estimate)

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₹9.7 L/yr - ₹12.4 L/yr
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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₹6 L/yr - ₹8.5 L/yr
Area Manager Salary
(4 salaries)
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₹6.2 L/yr - ₹11 L/yr
Branch Manager Salary
(3 salaries)
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₹6 L/yr - ₹8.91 L/yr
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₹7.5 L/yr - ₹15 L/yr

Salary related reviews for Bajaj Allianz Life Insurance

5.0

Rated by 1 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.

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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 in Bhopal?
The average salary of a Senior Area Manager at Bajaj Allianz Life Insurance in Bhopal typically ranges from ₹10.1 Lakhs to ₹12.5 Lakhs per year, depending on experience (from 10 years to 14 years).

The top 10% of Senior Area Manager in Bhopal at Bajaj Allianz Life Insurance earn more than ₹12.5 Lakhs per year, and the top 1% earn over ₹12.5 Lakhs per year. Senior Area 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 4 Bajaj Allianz Life Insurance employees in India.
What is the estimated take home salary of a Senior Area Manager at Bajaj Allianz Life Insurance in Bhopal?
The estimated take-home salary of a Senior Area Manager at Bajaj Allianz Life Insurance in Bhopal typically ranges from ₹73,468 to ₹75,365 per month. This is based on the average salary range of ₹10.1 Lakhs to ₹12.5 Lakhs per year for employees with experience ranging from 10 years to 14 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 4 salaries received from various employees of Bajaj Allianz Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Bajaj Allianz Life Insurance for Senior Area Manager in India?
Tractors and Farm Equipment ₹15.5 Lakhs to ₹17.5 Lakhs per year
Next Education India ₹9.0 Lakhs to ₹15.0 Lakhs per year
Kajaria Ceramics ₹8.0 Lakhs to ₹12.9 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 Senior Area Manager in companies similar to Bajaj Allianz Life Insurance in Bhopal?
The salary of a Senior Area Manager at companies similar to Bajaj Allianz Life Insurance in Bhopal varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Fusion Microfinance ₹5.4 Lakhs to ₹5.8 Lakhs per year
Mascat Chemengers and Consultants ₹5.3 Lakhs to ₹5.8 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 Senior Area Manager at Bajaj Allianz Life Insurance in Bhopal?
The salary growth for a Senior Area Manager at Bajaj Allianz Life Insurance in Bhopal depends on factors such as experience, performance, and promotions. On average, a Senior Area Manager in Bhopal can expect the following growth trajectory at Bajaj Allianz Life Insurance:

Experience Average Salary Range
10 years ₹8.9 Lakhs to ₹11.3 Lakhs per year
11 years ₹9.1 Lakhs to ₹11.6 Lakhs per year
12 years ₹9.3 Lakhs to ₹11.9 Lakhs per year
13 years ₹9.5 Lakhs to ₹12.1 Lakhs per year
and so on.

Tell us how to improve this page.

Bajaj Allianz Life Insurance Senior Area Manager salary in Bhopal ranges between ₹10.1 Lakhs to ₹12.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.