Bajaj Allianz Life Insurance Senior Operations Manager Salaries by 5 Employees

11 - 16 years exp.

₹16.1 Lakhs - ₹23 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

5% more than the average Senior Operations Manager Salary in Insurance Companies for 11 - 16 years of experience

Interested in this particular role?

Last Updated: 26 Mar 2023

Companies similar to Bajaj Allianz Life Insurance for Senior Operations Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Senior Operations Manager Salary 7 - 16 years exp. (39 salaries)	₹6.2 L/yr - ₹12 L/yr 54% less
Axis Max Life Insurance Senior Operations Manager Salary 12 - 17 years exp. (17 salaries)	₹8.2 L/yr - ₹17 L/yr 39% less
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Tata AIG Senior Operations Manager Salary 13 - 16 years exp. (9 salaries)	₹11 L/yr - ₹17 L/yr 31% less
HDFC Life Senior Operations Manager Salary 3 - 17 years exp. (11 salaries)	₹5.9 L/yr - ₹11.4 L/yr 53% less
Tata AIA Life Insurance Senior Operations Manager Salary 6 - 17 years exp. (9 salaries)	₹11.7 L/yr - ₹21.5 L/yr 15% less
ICICI Prudential Life Insurance Senior Operations Manager Salary 13 - 20 years exp. (8 salaries)	₹10 L/yr - ₹19.8 L/yr 40% less
Kotak Mahindara Life Insurance Senior Operations Manager Salary 7 - 17 years exp. (8 salaries)	₹6 L/yr - ₹14.5 L/yr 52% less
Allianz Partners Senior Operations Manager Salary 10 - 17 years exp. (7 salaries)	₹11.1 L/yr - ₹15.2 L/yr 23% less
HDFC Ergo General Insurance Senior Operations Manager Salary 10 - 20 years exp. (7 salaries)	₹8.5 L/yr - ₹18 L/yr 35% less
Niva Bupa Health Insurance Company Senior Operations Manager Salary 13 - 17 years exp. (7 salaries)	₹8 L/yr - ₹14.4 L/yr 41% less
Reliance Nippon Life Insurance Senior Operations Manager Salary 14 - 21 years exp. (6 salaries)	₹9.7 L/yr - ₹19.5 L/yr 26% less
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Shriram Life Insurance Senior Operations Manager Salary 9 - 19 years exp. (5 salaries)	₹9.5 L/yr - ₹12.3 L/yr 41% less
Gallagher Senior Operations Manager Salary 15 - 21 years exp. (5 salaries)	₹14 L/yr - ₹20 L/yr 6% less
Principal Global Services Senior Operations Manager Salary 17 - 19 years exp. (5 salaries)	₹30 L/yr - ₹40 L/yr 90% more
Allstate Senior Operations Manager Salary 1 - 18 years exp. (4 salaries)	₹3 L/yr - ₹25.1 L/yr 54% less
Aditya Birla Sun Life Insurance Senior Operations Manager Salary 12 - 15 years exp. (4 salaries)	₹7 L/yr - ₹16.5 L/yr 37% less
First American Corporation Senior Operations Manager Salary 15 - 19 years exp. (3 salaries)	₹20.3 L/yr - ₹25.9 L/yr 22% more
Aditya Birla Health Insurance Co Senior Operations Manager Salary 10 - 13 years exp. (3 salaries)	₹8.7 L/yr - ₹12 L/yr 45% less
SBI Life Insurance Company Senior Operations Manager Salary 14 - 18 years exp. (3 salaries)	₹14 L/yr - ₹18 L/yr 16% less

Senior Operations Manager salary at Bajaj Allianz Life Insurance ranges between ₹16.1 Lakhs to ₹23 Lakhs per year for employees with experience between 11 years to 16 years. Salary estimates are based on 5 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Experience wise Bajaj Allianz Life Insurance Senior Operations Manager salaries

Last Updated: 26 Mar 2023

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹19 L/yr - ₹24.3 L/yr
12 years (AmbitionBox Estimate)	₹18 L/yr - ₹23 L/yr
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13 years (AmbitionBox Estimate)	₹17.1 L/yr - ₹21.8 L/yr
14 years (AmbitionBox Estimate)	₹16.1 L/yr - ₹20.6 L/yr
15+ years (AmbitionBox Estimate)	₹14.8 L/yr - ₹18.9 L/yr

Similar Designation salaries in Bajaj Allianz Life Insurance

Operations Manager Salary

(17 salaries)

₹3.5 L/yr - ₹14.99 L/yr

Deputy Branch Manager Salary

(13 salaries)

₹5 L/yr - ₹8.5 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹12.2 L/yr - ₹15.5 L/yr

Delivery Manager Salary

(AmbitionBox Estimate)

₹13.5 L/yr - ₹17.3 L/yr

Service Delivery Manager Salary

(AmbitionBox Estimate)

₹23.4 L/yr - ₹29.9 L/yr

Relationship Manager Salary

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₹1.55 L/yr - ₹5 L/yr

Customer Service Manager Salary

(11 salaries)

₹1.8 L/yr - ₹3 L/yr

Service Manager Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Program Manager Salary

(20 salaries)

₹6.6 L/yr - ₹24 L/yr

Project Manager Salary

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₹6.6 L/yr - ₹18.5 L/yr

Salary related reviews for Bajaj Allianz Life Insurance

4.0

Rated by 1 employees for salary & benefits

Cluster Manager in Kolkata

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.

Salary - Excellent

+3 more

Dislikes

Nothing as of now.

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

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.

Operations Executive in Jamui

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 08 Dec 2023

3.0

for Salary and Benefits

Likes

Every Thing is good culture seniors all things is good but in off roll employe salary not increase in 5 years that's the biggest concern for my side

Skill development - Good

+3 more

Dislikes

Off Roll Employe salary not increase in 5 years that's the biggest concern for my side

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

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

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Bajaj Allianz Life Insurance Senior Operations Manager Salary FAQs

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

The average salary of a Senior Operations Manager at Bajaj Allianz Life Insurance in India typically ranges from ₹16.1 Lakhs to ₹23.0 Lakhs per year, depending on experience (from 11 years to 16 years).

The top 10% of Senior Operations Manager at Bajaj Allianz Life Insurance earn more than ₹23.0 Lakhs per year, and the top 1% earn over ₹23.0 Lakhs per year. Senior Operations 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 5 Bajaj Allianz Life Insurance employees in India.

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

The estimated take-home salary of a Senior Operations Manager at Bajaj Allianz Life Insurance in India typically ranges from ₹1,23,640 to ₹1,27,382 per month. This is based on the average salary range of ₹16.1 Lakhs to ₹23.0 Lakhs per year for employees with experience ranging from 11 years to 16 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 5 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 Operations Manager in India?

Principal Global Services	₹30.0 Lakhs to ₹40.0 Lakhs per year
First American Corporation	₹20.3 Lakhs to ₹25.9 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 Operations Manager in companies similar to Bajaj Allianz Life Insurance in India?

The salary of a Senior Operations Manager 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:

Gallagher	₹14.0 Lakhs to ₹20.0 Lakhs per year
Tata AIA Life Insurance	₹11.7 Lakhs to ₹21.5 Lakhs per year
SBI Life Insurance Company	₹14.0 Lakhs to ₹18.0 Lakhs per year
Allianz Partners	₹11.1 Lakhs to ₹15.2 Lakhs per year
Reliance Nippon Life Insurance	₹9.7 Lakhs to ₹19.5 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 Operations Manager at Bajaj Allianz Life Insurance in India?

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

Experience	Average Salary Range
11 years	₹19.0 Lakhs to ₹24.3 Lakhs per year
12 years	₹18.0 Lakhs to ₹23.0 Lakhs per year
13 years	₹17.1 Lakhs to ₹21.8 Lakhs per year
14 years	₹16.1 Lakhs to ₹20.6 Lakhs per year

and so on.

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Bajaj Allianz Life Insurance Senior Operations Manager Salaries

Bajaj Allianz Life Insurance Senior Operations Manager salary in India ranges between ₹16.1 Lakhs to ₹23 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.