Bajaj Allianz Life Insurance Senior Manager Salaries by 100+ Employees (Updated 2025)

1 - 10 years exp.

₹6.2 Lakhs - ₹13.7 Lakhs

Salary of majority employees

54% less than the average Senior Manager Salary in Insurance Companies for 1 - 10 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

BFSI, Investments & Trading Senior Manager Salary 1 - 10 years exp. (33 salaries)	₹5 L/yr - ₹14.7 L/yr
Sales & Business Development Senior Manager Salary 1 - 10 years exp. (16 salaries)	₹2.7 L/yr - ₹9.7 L/yr
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Finance & Accounting Senior Manager Salary 2 - 10 years exp. (13 salaries)	₹3 L/yr - ₹10.3 L/yr
Customer Success, Service & Operations Senior Manager Salary 4 - 10 years exp. (6 salaries)	₹6.4 L/yr - ₹17 L/yr
Marketing & Communication Senior Manager Salary 2 - 10 years exp. (4 salaries)	₹4.5 L/yr - ₹13.6 L/yr

View all

Last Updated: 9 Feb 2025

Companies similar to Bajaj Allianz Life Insurance for Senior Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Senior Manager Salary 2 - 18 years exp. (577 salaries)	₹9 L/yr - ₹25 L/yr 40% more
ICICI Prudential Life Insurance Senior Manager Salary 0 - 9 years exp. (475 salaries)	₹11 L/yr - ₹27 L/yr 79% more
Login to view exact salary
SBI Life Insurance Company Senior Manager Salary 5 - 14 years exp. (56 salaries)	₹4 L/yr - ₹17.4 L/yr At par
Axis Max Life Insurance Senior Manager Salary 5 - 17 years exp. (310 salaries)	₹7.8 L/yr - ₹29 L/yr 72% more	1 job opening
Tata AIA Life Insurance Senior Manager Salary 7 - 19 years exp. (232 salaries)	₹10.8 L/yr - ₹40 L/yr 150% more	11 job openings
ICICI Lombard General Insurance Company Senior Manager Salary 0 - 20 years exp. (1.6k salaries)	₹4.9 L/yr - ₹13.8 L/yr 3% less	3 job openings
Kotak Mahindara Life Insurance Senior Manager Salary 1 - 14 years exp. (677 salaries)	₹3.3 L/yr - ₹12.1 L/yr 32% less	2 job openings
Tata AIG Senior Manager Salary 1 - 13 years exp. (472 salaries)	₹4.8 L/yr - ₹20 L/yr 14% more	5 job openings
HDFC Ergo General Insurance Senior Manager Salary 5 - 19 years exp. (321 salaries)	₹7 L/yr - ₹24 L/yr 50% more
Reliance Nippon Life Insurance Senior Manager Salary 1 - 17 years exp. (140 salaries)	₹4.5 L/yr - ₹15.3 L/yr 10% less

View all

Senior Manager salary at Bajaj Allianz Life Insurance ranges between ₹6.2 Lakhs to ₹13.7 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 120 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Experience wise Bajaj Allianz Life Insurance Senior Manager salaries

Last Updated: 9 Feb 2025

Experience	Avg Annual Salary
1 year (11 salaries)	₹3 L/yr - ₹11.1 L/yr
2 years (8 salaries)	₹2.3 L/yr - ₹12.6 L/yr
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3 years (10 salaries)	₹3 L/yr - ₹14.1 L/yr
4 years (11 salaries)	₹3.6 L/yr - ₹13.7 L/yr
5 years (22 salaries)	₹3.9 L/yr - ₹12 L/yr
6 years (9 salaries)	₹4.2 L/yr - ₹18.4 L/yr
7 years (15 salaries)	₹4.5 L/yr - ₹20.2 L/yr
8 years (11 salaries)	₹4.8 L/yr - ₹21.7 L/yr
9 years (9 salaries)	₹5.2 L/yr - ₹23.2 L/yr
10 years (14 salaries)	₹6.4 L/yr - ₹24.7 L/yr

View all

From

Senior Manager

₹

Lakhs/yr

1 - 10 years exp.

Associate Vice President

₹

Lakhs/yr

10 - 23 years exp.

Senior Manager 1 - 10 years exp.

Chief Manager 7 - 21 years exp.

157% hike

Associate Vice President 10 - 23 years exp.

32% hike

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.

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Business Manager Salary

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₹4.5 L/yr - ₹6 L/yr

Top skills at Bajaj Allianz Life Insurance for Senior Manager

PLSQL Net Promoter Score Events Troubleshooting Big Data

Salary related reviews for Bajaj Allianz Life Insurance

4.5

Rated by 29 employees for salary & benefits

Relationship Manager in Bangalore / Bengaluru

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.

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.

Salary - Bad

+6 more

Sales Manager in New Delhi

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.

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

Salary - Bad

+6 more

Business Development Manager in Bokaro

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.

Business Development Manager in Narnaul

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.

Skill development - Bad

+4 more

Senior Business Development Manager in Soro

Full Time

Sales & Business Development Department

5.0

• posted on 13 Sep 2022

4.0

for Salary and Benefits

Likes

Best product Friendly atmosphere Career growth Highest solvency retio Best claim settlement Best Hr service Etc....

Salary - Good

+6 more

Dislikes

One thing is internal career and salary growth is little bit slow.. If we have potential to prove ourselves in changing our label in our own company. Then stay with us.... Otherwise Employees are trying for other companies only for career and financial growth.

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Bajaj Allianz Life Insurance Senior Manager Salary FAQs

What is the salary of Senior Manager at Bajaj Allianz Life Insurance?

Senior Manager salary at Bajaj Allianz Life Insurance in India ranges between ₹6.2 Lakhs to ₹13.7 Lakhs for experience between 1 years to 10 years. According to our estimates it is 54% less than the average Senior Manager Salary in India. Salary estimates are based on 120 latest salaries received from various employees of Bajaj Allianz Life Insurance India.

How does the salary of a Senior Manager at Bajaj Allianz Life Insurance India compare with the average salary range for this job?

The average salary of a Senior Manager at Bajaj Allianz Life Insurance is 54% less than the average salary of a Senior Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Senior Manager at Bajaj Allianz Life Insurance?

PLSQL, Net Promoter Score, Events, Troubleshooting and Big Data are some of the popular skills required to work as a Senior Manager at Bajaj Allianz Life Insurance India.

Which similar companies are paying more than Bajaj Allianz Life Insurance to a Senior Manager in India?

Allstate Senior Manager Salary - ₹25.0 Lakhs to ₹93.0 Lakhs per year
Principal Global Services Senior Manager Salary - ₹32.0 Lakhs to ₹50.0 Lakhs per year
AIG Senior Manager Salary - ₹18.5 Lakhs to ₹35.1 Lakhs per year
Allianz Senior Manager Salary - ₹24.0 Lakhs to ₹30.0 Lakhs per year
Tata AIA Life Insurance Senior Manager Salary - ₹10.8 Lakhs to ₹40.0 Lakhs per year

What is the salary of a Senior Manager in companies similar to Bajaj Allianz Life Insurance in India?

AXA Senior Manager Salary - ₹20.0 Lakhs to ₹26.5 Lakhs per year
First American Corporation Senior Manager Salary - ₹15.7 Lakhs to ₹29.5 Lakhs per year
Allianz Partners Senior Manager Salary - ₹10.8 Lakhs to ₹27.0 Lakhs per year
ICICI Prudential Life Insurance Senior Manager Salary - ₹11.0 Lakhs to ₹27.0 Lakhs per year
Axis Max Life Insurance Senior Manager Salary - ₹7.8 Lakhs to ₹29.0 Lakhs per year

What is the estimated take home salary of a Senior Manager at Bajaj Allianz Life Insurance in India?

The estimated take-home salary of a Senior Manager at Bajaj Allianz Life Insurance ranges between ₹71,899 per month to ₹73,753 per month in India. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance Senior Manager salary in India which ranges between ₹6.2 Lakhs to ₹13.7 Lakhs per year for employees with experience between 1 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Senior Manager at Bajaj Allianz Life Insurance?

According to AmbitionBox, 39% of the Bajaj Allianz Life Insurance Senior Managers reported a notice period of 3 Months, 38% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 132 responses on AmbitionBox in last 2 years.

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Bajaj Allianz Life Insurance Senior Manager Salaries by Location

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Bajaj Allianz Life Insurance Senior Manager Salaries

Bajaj Allianz Life Insurance Senior Manager salary in India ranges between ₹6.2 Lakhs to ₹13.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 120 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.

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

Companies similar to Bajaj Allianz Life Insurance for Senior Manager

Latest annual salaries shared by Bajaj Allianz Life Insurance Senior Manager

Experience wise Bajaj Allianz Life Insurance Senior Manager salaries

Similar Designation salaries in Bajaj Allianz Life Insurance

Top skills at Bajaj Allianz Life Insurance for Senior Manager

Salary related reviews for Bajaj Allianz Life Insurance

Relationship Manager in Bangalore / Bengaluru

Sales Manager in New Delhi

Business Development Manager in Bokaro

Business Development Manager in Narnaul

Senior Business Development Manager in Soro

Bajaj Allianz Life Insurance Senior Manager Salary FAQs

Tell us how to improve this page.

Bajaj Allianz Life Insurance Senior Manager Salaries by Location