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

Annual salary range
7 - 19 years exp.
₹7 Lakhs - ₹14.2 Lakhs
Salary of majority employees
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23% less than the average Senior Cluster Manager Salary in Insurance Companies for 7 - 19 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Senior Cluster Manager Salary
7 - 19 years exp. (104 salaries)
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₹7 L/yr - ₹14 L/yr

Sales & Business Development
Senior Cluster Manager Salary
7 - 19 years exp. (76 salaries)
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₹7.5 L/yr - ₹14.2 L/yr

Marketing & Communication
Senior Cluster Manager Salary
7 - 15 years exp. (9 salaries)
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₹7.2 L/yr - ₹13 L/yr

Customer Success, Service & Operations
Senior Cluster Manager Salary
8 - 16 years exp. (5 salaries)
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₹8 L/yr - ₹13.5 L/yr

Finance & Accounting
Senior Cluster Manager Salary
10 - 11 years exp. (AmbitionBox Estimate)
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₹8.3 L/yr - ₹11.6 L/yr

Last Updated: 3 Mar 2025

Companies similar to Bajaj Allianz Life Insurance for Senior Cluster Manager

Company name Avg Annual Salary Open Jobs
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₹10 L/yr - ₹14 L/yr

arrow icon 8% more
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HDFC Life Senior Cluster Manager Salary

6 - 20 years exp. (75 salaries)

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₹7.3 L/yr - ₹14 L/yr

arrow icon 8% less
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₹12.5 L/yr - ₹14.3 L/yr

arrow icon 21% more
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₹9.3 L/yr - ₹14.1 L/yr

arrow icon 10% more
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₹4.8 L/yr - ₹18 L/yr

arrow icon 22% less
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₹9.1 L/yr - ₹16.8 L/yr

arrow icon 16% more
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PNB MetLife Senior Cluster Manager Salary

11 - 16 years exp. (5 salaries)

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₹10.9 L/yr - ₹13.5 L/yr

arrow icon 7% more
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₹7 L/yr - ₹8.5 L/yr

arrow icon 31% less
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₹11.9 L/yr - ₹12 L/yr

arrow icon 8% more

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Senior Cluster Manager salary at Bajaj Allianz Life Insurance ranges between ₹7 Lakhs to ₹14.2 Lakhs per year for employees with experience between 7 years to 19 years. Salary estimates are based on 228 latest salaries received from various employees of Bajaj Allianz Life Insurance.

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

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12 years exp.
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7 years exp.
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8 years exp.
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9 years exp.
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15 years exp.
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15 years exp.
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11 years exp.
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9 years exp.
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18 years exp.

Experience wise Bajaj Allianz Life Insurance Senior Cluster Manager salaries

Last Updated: 3 Mar 2025

Experience Avg Annual Salary
7 years  (6 salaries)

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₹7.2 L/yr - ₹12 L/yr
8 years  (15 salaries)

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₹7 L/yr - ₹12 L/yr
9 years  (19 salaries)

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₹7 L/yr - ₹13.4 L/yr
10 years  (28 salaries)

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₹7.6 L/yr - ₹13.3 L/yr
11 years  (19 salaries)

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₹8 L/yr - ₹14 L/yr
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Similar Designation salaries in Bajaj Allianz Life Insurance

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₹2.4 L/yr - ₹4.5 L/yr
Cluster Manager Salary
(96 salaries)
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₹4.2 L/yr - ₹14.3 L/yr
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₹6.5 L/yr - ₹13 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹12.2 L/yr - ₹15.5 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
Deputy Manager Salary
(298 salaries)
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₹4.5 L/yr - ₹16.5 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
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₹3.45 L/yr - ₹13.56 L/yr
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Salary related reviews for Bajaj Allianz Life Insurance

3.6

Rated by 42 employees for salary & benefits

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

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.

  • Salary - Excellent
  • +1 more

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.

read more
  • Skill development - Bad
  • +4 more
see more salary related reviews

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Bajaj Allianz Life Insurance Senior Cluster Manager Salary FAQs

What is the salary of Senior Cluster Manager at Bajaj Allianz Life Insurance?
Senior Cluster Manager salary at Bajaj Allianz Life Insurance in India ranges between ₹7.0 Lakhs to ₹14.2 Lakhs for experience between 7 years to 19 years. According to our estimates it is 23% less than the average Senior Cluster Manager Salary in India. Salary estimates are based on 228 latest salaries received from various employees of Bajaj Allianz Life Insurance India.
How does the salary of a Senior Cluster Manager at Bajaj Allianz Life Insurance India compare with the average salary range for this job?
The average salary of a Senior Cluster Manager at Bajaj Allianz Life Insurance is 23% less than the average salary of a Senior Cluster 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 Cluster Manager in India?
  • Axis Max Life Insurance Senior Cluster Manager Salary - ₹12.5 Lakhs to ₹14.3 Lakhs per year
  • Aditya Birla Sun Life Insurance Senior Cluster Manager Salary - ₹9.1 Lakhs to ₹16.8 Lakhs per year
  • Kotak Mahindara Life Insurance Senior Cluster Manager Salary - ₹9.3 Lakhs to ₹14.1 Lakhs per year
  • ICICI Prudential Life Insurance Senior Cluster Manager Salary - ₹10.0 Lakhs to ₹14.0 Lakhs per year
  • Aditya Birla Health Insurance Co Senior Cluster Manager Salary - ₹11.9 Lakhs to ₹12.0 Lakhs per year
What is the salary of a Senior Cluster Manager in companies similar to Bajaj Allianz Life Insurance in India?
  • PNB MetLife Senior Cluster Manager Salary - ₹10.9 Lakhs to ₹13.5 Lakhs per year
  • HDFC Life Senior Cluster Manager Salary - ₹7.3 Lakhs to ₹14.0 Lakhs per year
  • Reliance Nippon Life Insurance Senior Cluster Manager Salary - ₹4.8 Lakhs to ₹18.0 Lakhs per year
  • Star Health & Allied Insurance Senior Cluster Manager Salary - ₹7.0 Lakhs to ₹8.5 Lakhs per year
What is the estimated take home salary of a Senior Cluster Manager at Bajaj Allianz Life Insurance in India?
The estimated take-home salary of a Senior Cluster Manager at Bajaj Allianz Life Insurance ranges between ₹79,447 per month to ₹81,514 per month in India. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance Senior Cluster Manager salary in India which ranges between ₹7.0 Lakhs to ₹14.2 Lakhs per year for employees with experience between 7 years to 19 years. Check how did we calculate take home salary?
What is the notice period for Senior Cluster Manager at Bajaj Allianz Life Insurance?
According to AmbitionBox, 83% of the Bajaj Allianz Life Insurance Senior Cluster Managers reported a notice period of 3 Months, 8% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 261 responses on AmbitionBox in last 2 years.

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Bajaj Allianz Life Insurance Senior Cluster Manager salary in India ranges between ₹7 Lakhs to ₹14.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 228 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.

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