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4.0

based on 4.6k Reviews

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Bajaj Allianz Life Insurance Senior Area Manager salaries in Mumbai

Annual salary range
6 - 17 years exp.
₹6.6 Lakhs - ₹12.5 Lakhs
Salary of majority employees
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30% 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 - 12 years exp. (4 salaries)
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₹6.6 L/yr - ₹10.9 L/yr

Sales & Business Development
Senior Area Manager Salary
11 - 17 years exp. (4 salaries)
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₹9 L/yr - ₹12.5 L/yr

Last Updated: 2 Jan 2025

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

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Bajaj Allianz Life Insurance Senior Area Manager Salary

6 - 17 years exp. (10 salaries)

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₹6.6 L/yr - ₹12.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Max Life Insurance Senior Area Manager Salary

12 - 13 years exp. (4 salaries)

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₹8 L/yr - ₹17.2 L/yr

arrow icon 36% more
1 job opening
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Square Yards Senior Area Manager Salary

4 - 16 years exp. (11 salaries)

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₹11.3 L/yr - ₹15 L/yr

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Nestaway Senior Area Manager Salary

1 - 7 years exp. (11 salaries)

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₹4 L/yr - ₹5.2 L/yr

arrow icon 55% less
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Bajaj Finserv Senior Area Manager Salary

5 - 13 years exp. (9 salaries)

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₹8.5 L/yr - ₹16.3 L/yr

arrow icon 30% more
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Nestle Senior Area Manager Salary

15 - 19 years exp. (8 salaries)

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₹35 L/yr - ₹50 L/yr

arrow icon 254% more
Senior Area Manager salary at Bajaj Allianz Life Insurance ranges between ₹6.6 Lakhs to ₹12.5 Lakhs per year for employees with experience between 6 years to 17 years. Salary estimates are based on 10 latest salaries received from various employees of Bajaj Allianz Life Insurance.

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

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6 years exp.
2mo ago
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17 years exp.
3mo ago
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9 years exp.
4mo ago
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7 years exp.
1y ago
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11 years exp.
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17 years exp.
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16 years exp.
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12 years exp.
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8 years exp.

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

Last Updated: 2 Jan 2025

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹8 L/yr - ₹17 L/yr
7 years (AmbitionBox Estimate)

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₹9 L/yr - ₹17.2 L/yr
8 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹10 L/yr
9 years (AmbitionBox Estimate)

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₹8.5 L/yr - ₹17.6 L/yr
10 years (AmbitionBox Estimate)

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₹8.9 L/yr - ₹11.4 L/yr
View all

Similar Designation salaries in Bajaj Allianz Life Insurance

Sales Manager Salary
(19 salaries)
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₹2.4 L/yr - ₹5 L/yr
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₹4.45 L/yr - ₹8 L/yr
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₹3 L/yr - ₹4.2 L/yr
Branch Manager Salary
(14 salaries)
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₹5.1 L/yr - ₹12 L/yr
Area Manager Salary
(12 salaries)
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₹5 L/yr - ₹13 L/yr
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₹15 L/yr - ₹23 L/yr
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₹5 L/yr - ₹12 L/yr

Top skills at Bajaj Allianz Life Insurance for Senior Area Manager

Beverage IT Support Marking GPRS

Salary related reviews for Bajaj Allianz Life Insurance

4.0

Rated by 1 employees for salary & benefits

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.

read more

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.

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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

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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

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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 Mumbai?
Senior Area Manager salary at Bajaj Allianz Life Insurance in Mumbai ranges between ₹6.6 Lakhs to ₹12.5 Lakhs for experience between 6 years to 17 years. According to our estimates it is 30% less than the average Senior Area Manager Salary in India. Salary estimates are based on 10 latest salaries received from various employees of Bajaj Allianz Life Insurance Mumbai.
How does the salary of a Senior Area Manager at Bajaj Allianz Life Insurance Mumbai compare with the average salary range for this job?
The average salary of a Senior Area Manager at Bajaj Allianz Life Insurance is 30% less than the average salary of a Senior Area Manager in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Senior Area Manager at Bajaj Allianz Life Insurance?
Beverage, IT Support, Marking and GPRS are some of the popular skills required to work as a Senior Area Manager at Bajaj Allianz Life Insurance Mumbai.
Which similar companies are paying more than Bajaj Allianz Life Insurance to a Senior Area Manager in Mumbai?
  • Nestle Senior Area Manager Salary - ₹35.0 Lakhs to ₹50.0 Lakhs per year
  • Max Life Insurance Senior Area Manager Salary - ₹8.0 Lakhs to ₹17.2 Lakhs per year
  • Bajaj Finserv Senior Area Manager Salary - ₹8.5 Lakhs to ₹16.3 Lakhs per year
  • Square Yards Senior Area Manager Salary - ₹11.3 Lakhs to ₹15.0 Lakhs per year
What is the salary of a Senior Area Manager in companies similar to Bajaj Allianz Life Insurance in Mumbai?
  • Nestaway Senior Area Manager Salary - ₹4.0 Lakhs to ₹5.2 Lakhs per year
What is the estimated take home salary of a Senior Area Manager at Bajaj Allianz Life Insurance in Mumbai?
The estimated take-home salary of a Senior Area Manager at Bajaj Allianz Life Insurance ranges between ₹72,607 per month to ₹74,480 per month in Mumbai. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance Senior Area Manager salary in India which ranges between ₹6.6 Lakhs to ₹12.5 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 in Mumbai?
According to AmbitionBox, 77% of the Bajaj Allianz Life Insurance Senior Area Managers in Mumbai reported a notice period of 3 Months, 15% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 13 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Bajaj Allianz Life Insurance Senior Area Manager salary in Mumbai ranges between ₹6.6 Lakhs to ₹12.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 10 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.