Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by Bajaj Allianz Life Insurance Team. If you also belong to the team, you can get access from here

Bajaj Allianz Life Insurance Verified Tick

Compare button icon Compare button icon Compare
4.0

based on 4.6k Reviews

filter salariesFilter salaries by

Bajaj Allianz Life Insurance Senior Insurance Manager salaries in India

Annual salary range
0 - 4 years exp.
₹2 Lakhs - ₹4.8 Lakhs
Low Confidence
info icon
Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
unlock blur
unlock blur

75% less than the average Senior Insurance Manager Salary in Insurance Companies for 0 - 4 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Senior Insurance Manager Salary
2 - 3 years exp. (AmbitionBox Estimate)
unlock-blur

₹3.2 L/yr - ₹3.9 L/yr

Finance & Accounting
Senior Insurance Manager Salary
Fresher (AmbitionBox Estimate)
unlock-blur

₹4.3 L/yr - ₹5.3 L/yr

Last Updated: 12 Dec 2024

Companies similar to Bajaj Allianz Life Insurance for Senior Insurance Manager

Company name Avg Annual Salary Open Jobs
Logo
PNB MetLife Senior Insurance Manager Salary

1 - 23 years exp. (3 salaries)

unlock blur

₹1.4 L/yr - ₹5.5 L/yr

arrow icon 12% less
unlock blur

₹3.5 L/yr - ₹7.3 L/yr

arrow icon 70% more
unlock blur

₹3 L/yr - ₹3.3 L/yr

arrow icon 9% less
unlock blur

₹20 L/yr - ₹22.6 L/yr

arrow icon 539% more
unlock blur

₹12 L/yr - ₹16 L/yr

arrow icon 312% more
Senior Insurance Manager salary at Bajaj Allianz Life Insurance ranges between ₹2 Lakhs to ₹4.8 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 5 latest salaries received from various employees of Bajaj Allianz Life Insurance.

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

2w ago
avg blur mobile
2 months exp.
6mo ago
avg blur mobile
4 years exp.
9mo ago
avg blur mobile
3 years exp.
11mo ago
avg blur mobile
2 years exp.
1y ago
avg blur mobile
2 years exp.

Experience wise Bajaj Allianz Life Insurance Senior Insurance Manager salaries

Last Updated: 12 Dec 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

unlock blur

₹1.8 L/yr - ₹4.8 L/yr
1 year (AmbitionBox Estimate)

unlock blur

₹3.6 L/yr - ₹4.6 L/yr
2 years (AmbitionBox Estimate)

unlock blur

₹2 L/yr - ₹3.5 L/yr
3 years (AmbitionBox Estimate)

unlock blur

₹1.1 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)

unlock blur

₹2.2 L/yr - ₹4.1 L/yr

Similar Designation salaries in Bajaj Allianz Life Insurance

unlock blur
₹2 L/yr - ₹4.1 L/yr
Store Manager Salary
(AmbitionBox Estimate)
unlock blur
₹12.2 L/yr - ₹15.5 L/yr
Branch Manager Salary
(128 salaries)
unlock blur
₹4.5 L/yr - ₹12.85 L/yr
unlock blur
₹1.8 L/yr - ₹3.5 L/yr
unlock blur
₹1.55 L/yr - ₹5 L/yr
unlock blur
₹3.3 L/yr - ₹12.86 L/yr
unlock blur
₹3 L/yr - ₹8 L/yr
Deputy Manager Salary
(337 salaries)
unlock blur
₹4.5 L/yr - ₹19 L/yr
Sales Manager Salary
(209 salaries)
unlock blur
₹1.55 L/yr - ₹7 L/yr
unlock blur
₹2.55 L/yr - ₹6.2 L/yr

Salary related reviews for Bajaj Allianz Life Insurance

4.4

Rated by 2 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.

read 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.

read more

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

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.

read more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 25 Jun 2023

5.0
 for  Salary and Benefits

Likes

One of the best company to work and earn money , we can earn more incentives than salary, overall this is the best company in all insurance sectors.

read more

Dislikes

In banca channel, the company heads and co-heads has to interact with the bankers for freshers encouragement

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.

read more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Bajaj Allianz Life Insurance Senior Insurance Manager Salary FAQs

What is the salary of Senior Insurance Manager at Bajaj Allianz Life Insurance?
Senior Insurance Manager salary at Bajaj Allianz Life Insurance in India ranges between ₹2.0 Lakhs to ₹4.8 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 75% less than the average Senior Insurance Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Bajaj Allianz Life Insurance India.
How does the salary of a Senior Insurance Manager at Bajaj Allianz Life Insurance India compare with the average salary range for this job?
The average salary of a Senior Insurance Manager at Bajaj Allianz Life Insurance is 75% less than the average salary of a Senior Insurance 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 Insurance Manager in India?
  • Afcons Infrastructure Senior Insurance Manager Salary - ₹20.0 Lakhs to ₹22.6 Lakhs per year
  • Motilal Oswal Financial Services Senior Insurance Manager Salary - ₹12.0 Lakhs to ₹16.0 Lakhs per year
  • Bajaj Allianz General Insurance Senior Insurance Manager Salary - ₹3.5 Lakhs to ₹7.3 Lakhs per year
What is the salary of a Senior Insurance Manager in companies similar to Bajaj Allianz Life Insurance in India?
  • Star Union Dai-ichi Life Insurance Senior Insurance Manager Salary - ₹3.0 Lakhs to ₹3.3 Lakhs per year
  • PNB MetLife Senior Insurance Manager Salary - ₹1.4 Lakhs to ₹5.5 Lakhs per year
What is the estimated take home salary of a Senior Insurance Manager at Bajaj Allianz Life Insurance in India?
The estimated take-home salary of a Senior Insurance Manager at Bajaj Allianz Life Insurance ranges between ₹24,693 per month to ₹26,136 per month in India. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance Senior Insurance Manager salary in India which ranges between ₹2.0 Lakhs to ₹4.8 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?
What is the notice period for Senior Insurance Manager at Bajaj Allianz Life Insurance?
According to AmbitionBox, 83% of the Bajaj Allianz Life Insurance Senior Insurance Managers reported a notice period of 15 days or less, 17% reported a notice period of 1 Month.This is based on 6 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Bajaj Allianz Life Insurance Senior Insurance Manager salary in India ranges between ₹2 Lakhs to ₹4.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.