Bajaj Allianz Life Insurance Senior Manager Project Management Salaries by 4 Employees

5 - 17 years exp.

₹11 Lakhs - ₹22.5 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

39% less than the average Senior Manager Project Management Salary in Insurance Companies for 5 - 17 years of experience

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Salaries in different departments

Product Management Senior Manager Project Management Salary 13 years exp. (AmbitionBox Estimate)	₹11.5 L/yr - ₹14.1 L/yr
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Project & Program Management Senior Manager Project Management Salary 17 years exp. (AmbitionBox Estimate)	₹20.3 L/yr - ₹24.8 L/yr

Last Updated: 19 Sep 2024

Companies similar to Bajaj Allianz Life Insurance for Senior Manager Project Management

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Senior Manager Project Management Salary 4 - 16 years exp. (4 salaries)	₹6.3 L/yr - ₹20.3 L/yr 13% less
Axis Max Life Insurance Senior Manager Project Management Salary 7 - 10 years exp. (4 salaries)	₹27.8 L/yr - ₹28 L/yr 81% more
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ICICI Lombard General Insurance Company Senior Manager Project Management Salary 3 - 10 years exp. (4 salaries)	₹9.5 L/yr - ₹20 L/yr 4% more
HDFC Ergo General Insurance Senior Manager Project Management Salary 9 - 12 years exp. (4 salaries)	₹21 L/yr - ₹23.1 L/yr 43% more
HDFC Life Senior Manager Project Management Salary 5 - 18 years exp. (4 salaries)	₹9 L/yr - ₹25 L/yr 6% less
Tata AIA Life Insurance Senior Manager Project Management Salary 2 - 15 years exp. (3 salaries)	₹15.5 L/yr - ₹24 L/yr 35% more
Kotak Mahindara Life Insurance Senior Manager Project Management Salary 2 - 10 years exp. (3 salaries)	₹8.3 L/yr - ₹23.4 L/yr 13% less

Senior Manager Project Management salary at Bajaj Allianz Life Insurance ranges between ₹11 Lakhs to ₹22.5 Lakhs per year for employees with experience between 5 years to 17 years. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Experience wise Bajaj Allianz Life Insurance Senior Manager Project Management salaries

Last Updated: 19 Sep 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
6 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹13 L/yr
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7 years (AmbitionBox Estimate)	₹10.9 L/yr - ₹13.9 L/yr
8 years (AmbitionBox Estimate)	₹11.6 L/yr - ₹14.8 L/yr
9 years (AmbitionBox Estimate)	₹12.4 L/yr - ₹15.8 L/yr
10 years (AmbitionBox Estimate)	₹13.1 L/yr - ₹16.7 L/yr
11 years (AmbitionBox Estimate)	₹13.8 L/yr - ₹17.7 L/yr
12 years (AmbitionBox Estimate)	₹14.6 L/yr - ₹18.6 L/yr
13 years (AmbitionBox Estimate)	₹15.3 L/yr - ₹19.6 L/yr
14 years (AmbitionBox Estimate)	₹16 L/yr - ₹20.5 L/yr
15+ years (AmbitionBox Estimate)	₹17.5 L/yr - ₹22.4 L/yr

View all

Similar Designation salaries in Bajaj Allianz Life Insurance

Deputy Project Manager Salary

(18 salaries)

₹7.8 L/yr - ₹17 L/yr

Senior Project Manager Salary

(13 salaries)

₹16.5 L/yr - ₹26 L/yr

Assistant Project Manager Salary

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₹8 L/yr - ₹10.33 L/yr

Deputy Manager Project Management Salary

(4 salaries)

₹8 L/yr - ₹12.8 L/yr

Assistant Manager Project Management Salary

(4 salaries)

₹7.5 L/yr - ₹8.7 L/yr

Trainee Service Engineer Salary

(3 salaries)

₹2.2 L/yr - ₹2.5 L/yr

Chief Project Manager Salary

(3 salaries)

₹24.3 L/yr - ₹31.6 L/yr

JE Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Head - Projects Salary

(AmbitionBox Estimate)

₹51.7 L/yr - ₹57.1 L/yr

Project Site Incharge Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Salary related reviews for Bajaj Allianz Life Insurance

4.0

Rated by 1 employees for salary & benefits

Assistant Project Manager in Chattisgarh

Full Time

Operations Department

3.0

• posted on 02 Apr 2021

1.0

for Salary and Benefits

Likes

Always enrice with varity of job responsiblity. Gives good package to offer.

Skill development - Excellent

Dislikes

one can join company for short term, but not for career statbility. Company always state that their is lack of Budget to continue one profile.& then there is job merging & profile winding up. In each year.

Salary - Bad

+5 more

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3.0

• posted on 18 Mar 2025

5.0

for Salary and Benefits

Likes

In bajaj salary credit on time always.

Salary - Excellent

Dislikes

In Bajaj there is no upgrade in ur role and responsibilities and no one want to upgrade your. No extra skill learning activities done. As relevant work of ur role.

Job security - Poor

Executive Relationship Manager in Kohima

Full Time

Sales & Business Development Department

1.0

• posted on 17 Mar 2025

1.0

for Salary and Benefits

Likes

No comments

Dislikes

Not getting salary on time, bad Area manger, bad HR, Always getting negative reviews no matter how much efforts we are giving . No support from highers ups. Getting too much calls and VC even on holidays. Still didn't got experience letter.

Salary - Bad

+6 more

Senior Area Manager in Hyderabad / Secunderabad

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....

Salary - Bad

+6 more

Executive Relationship Manager in Bankura

Full Time

Sales & Business Development Department

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• posted on 29 Jan 2025

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for Salary and Benefits

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Balic is a good company to work .. balic has given my carrier high..

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+6 more

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...e centricity balic does not look even after Work hard and good work for balic .. company does not increase no salary as per expectations.

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Bajaj Allianz Life Insurance Senior Manager Project Management Salary FAQs

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

The average salary of a Senior Manager Project Management at Bajaj Allianz Life Insurance in India typically ranges from ₹11.0 Lakhs to ₹22.5 Lakhs per year, depending on experience (from 5 years to 17 years).

The top 10% of Senior Manager Project Management at Bajaj Allianz Life Insurance earn more than ₹22.5 Lakhs per year, and the top 1% earn over ₹22.5 Lakhs per year. Senior Manager Project Management 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 4 Bajaj Allianz Life Insurance employees in India.

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

The estimated take-home salary of a Senior Manager Project Management at Bajaj Allianz Life Insurance in India typically ranges from ₹1,05,949 to ₹1,08,862 per month. This is based on the average salary range of ₹11.0 Lakhs to ₹22.5 Lakhs per year for employees with experience ranging from 5 years to 17 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 4 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 Manager Project Management in India?

Axis Max Life Insurance	₹27.8 Lakhs to ₹28.0 Lakhs per year
HDFC Ergo General Insurance	₹21.0 Lakhs to ₹23.1 Lakhs per year
Tata AIA Life Insurance	₹15.5 Lakhs to ₹24.0 Lakhs per year
ICICI Lombard General Insurance Company	₹9.5 Lakhs to ₹20.0 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 Manager Project Management in companies similar to Bajaj Allianz Life Insurance in India?

The salary of a Senior Manager Project Management at companies similar to Bajaj Allianz Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Life	₹9.0 Lakhs to ₹25.0 Lakhs per year
Kotak Mahindara Life Insurance	₹8.3 Lakhs to ₹23.4 Lakhs per year
ICICI Prudential Life Insurance	₹6.3 Lakhs to ₹20.3 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 Manager Project Management at Bajaj Allianz Life Insurance in India?

The salary growth for a Senior Manager Project Management at Bajaj Allianz Life Insurance depends on factors such as experience, performance, and promotions. On average, a Senior Manager Project Management can expect the following growth trajectory at Bajaj Allianz Life Insurance:

Experience	Average Salary Range
5 years	₹9.9 Lakhs to ₹12.7 Lakhs per year
6 years	₹10.1 Lakhs to ₹13.0 Lakhs per year
7 years	₹10.9 Lakhs to ₹13.9 Lakhs per year
8 years	₹11.6 Lakhs to ₹14.8 Lakhs per year

and so on.

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Bajaj Allianz Life Insurance Senior Manager Project Management Salaries

Bajaj Allianz Life Insurance Senior Manager Project Management salary in India ranges between ₹11 Lakhs to ₹22.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.

Bajaj Allianz Life Insurance Senior Manager Project Management salaries in India

Companies similar to Bajaj Allianz Life Insurance for Senior Manager Project Management

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

Experience wise Bajaj Allianz Life Insurance Senior Manager Project Management salaries

Similar Designation salaries in Bajaj Allianz Life Insurance

Salary related reviews for Bajaj Allianz Life Insurance

Assistant Project Manager in Chattisgarh

AM Human Resource in Mumbai

Executive Relationship Manager in Kohima

Senior Area Manager in Hyderabad / Secunderabad

Executive Relationship Manager in Bankura

Bajaj Allianz Life Insurance Senior Manager Project Management Salary FAQs

Tell us how to improve this page.