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Bajaj Allianz Life Insurance Senior Area Manager salaries in Pune

Annual salary range
8 - 15 years exp.
₹8 Lakhs - ₹12.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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19% less than the average Senior Area Manager Salary in Insurance Companies for 8 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Senior Area Manager Salary
8 - 12 years exp. (6 salaries)
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₹8 L/yr - ₹12 L/yr

Sales & Business Development
Senior Area Manager Salary
8 - 15 years exp. (4 salaries)
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₹9 L/yr - ₹12.5 L/yr

Last Updated: 8 Nov 2024

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

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Bajaj Allianz Life Insurance Senior Area Manager Salary

8 - 15 years exp. (10 salaries)

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₹8 L/yr - ₹12.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹17.5 L/yr - ₹24 L/yr

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Bajaj Finance Senior Area Manager Salary

6 - 11 years exp. (21 salaries)

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₹9.8 L/yr - ₹18 L/yr

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6 job openings
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Bajaj Finserv Senior Area Manager Salary

6 - 13 years exp. (13 salaries)

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₹8.4 L/yr - ₹17 L/yr

arrow icon 34% more
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₹7 L/yr - ₹12 L/yr

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Nestaway Senior Area Manager Salary

2 - 5 years exp. (8 salaries)

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₹3.5 L/yr - ₹6 L/yr

arrow icon 55% less
Senior Area Manager salary at Bajaj Allianz Life Insurance ranges between ₹8 Lakhs to ₹12.5 Lakhs per year for employees with experience between 8 years to 15 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 Pune

4mo ago
₹8 Lakhs
8 years exp.
6mo ago
₹9 Lakhs
11 years exp.
11mo ago
₹9 Lakhs
8 years exp.
11mo ago
₹12.5 Lakhs
15 years exp.

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

Last Updated: 8 Nov 2024

Experience Avg Annual Salary
8 years  (3 salaries)

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₹8 L/yr - ₹11 L/yr
9 years (AmbitionBox Estimate)

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₹8.8 L/yr - ₹11.3 L/yr
10 years (AmbitionBox Estimate)

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₹9 L/yr - ₹11.5 L/yr
11 years (AmbitionBox Estimate)

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₹9.2 L/yr - ₹11.7 L/yr
12 years (AmbitionBox Estimate)

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₹9.3 L/yr - ₹11.9 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

Sales Manager Salary
(21 salaries)
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₹2 L/yr - ₹7 L/yr
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₹3 L/yr - ₹4.5 L/yr
Area Manager Salary
(8 salaries)
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₹6.75 L/yr - ₹9.5 L/yr
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₹6 L/yr - ₹7.5 L/yr
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₹7.85 L/yr - ₹9.55 L/yr
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₹11 L/yr - ₹16.05 L/yr

Salary related reviews for Bajaj Allianz Life Insurance

4.0

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.

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 in Pune?
The average salary of a Senior Area Manager at Bajaj Allianz Life Insurance in Pune typically ranges from ₹8.0 Lakhs to ₹12.5 Lakhs per year, depending on experience (from 8 years to 15 years).

The top 10% of Senior Area Manager in Pune at Bajaj Allianz Life Insurance earn more than ₹12.3 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 10 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 Pune?
The estimated take-home salary of a Senior Area Manager at Bajaj Allianz Life Insurance in Pune typically ranges from ₹73,901 to ₹75,811 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹12.5 Lakhs per year for employees with experience ranging from 8 years to 15 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 10 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?
Star Health & Allied Insurance ₹17.5 Lakhs to ₹24.0 Lakhs per year
Bajaj Finance ₹9.8 Lakhs to ₹18.0 Lakhs per year
Bajaj Finserv ₹8.4 Lakhs to ₹17.0 Lakhs per year
Shaktiman Tirth Agro Technology ₹7.0 Lakhs to ₹12.0 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 Pune?
The salary of a Senior Area Manager at companies similar to Bajaj Allianz Life Insurance in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Nestaway ₹3.5 Lakhs to ₹6.0 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 Pune?
The salary growth for a Senior Area Manager at Bajaj Allianz Life Insurance in Pune depends on factors such as experience, performance, and promotions. On average, a Senior Area Manager in Pune can expect the following growth trajectory at Bajaj Allianz Life Insurance:

Experience Average Salary Range
8 years ₹8.0 Lakhs to ₹11.0 Lakhs per year
9 years ₹8.8 Lakhs to ₹11.3 Lakhs per year
10 years ₹9.0 Lakhs to ₹11.5 Lakhs per year
11 years ₹9.2 Lakhs to ₹11.7 Lakhs per year
and so on.

Tell us how to improve this page.

Bajaj Allianz Life Insurance Senior Area Manager salary in Pune ranges between ₹8 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.