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

Annual salary range
0 - 8 years exp.
₹2.1 Lakhs - ₹4 Lakhs
Salary of majority employees
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41% less than the average Senior Relationship Manager Salary in Insurance Companies for 0 - 8 years of experience

Interested in this particular role? 5 job openings

Salaries in different departments

BFSI, Investments & Trading
Senior Relationship Manager Salary
0 - 8 years exp. (22 salaries)
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₹2.1 L/yr - ₹4 L/yr

Sales & Business Development
Senior Relationship Manager Salary
0 - 5 years exp. (11 salaries)
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₹2.1 L/yr - ₹3.5 L/yr

Marketing & Communication
Senior Relationship Manager Salary
0 - 7 years exp. (3 salaries)
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₹3.3 L/yr - ₹3.6 L/yr

Customer Success, Service & Operations
Senior Relationship Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹3.1 L/yr - ₹3.5 L/yr

Finance & Accounting
Senior Relationship Manager Salary
0 - 4 years exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.3 L/yr

Last Updated: 5 Mar 2025

Companies similar to Bajaj Allianz Life Insurance for Senior Relationship Manager in Mumbai

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Bajaj Allianz Life Insurance Senior Relationship Manager Salary

0 - 8 years exp. (51 salaries)

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₹2.1 L/yr - ₹4 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Life Senior Relationship Manager Salary

2 - 7 years exp. (27 salaries)

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₹2.2 L/yr - ₹4.2 L/yr

arrow icon 15% more
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₹3 L/yr - ₹5 L/yr

arrow icon 46% more
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₹3.7 L/yr - ₹9 L/yr

arrow icon 82% more
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₹3.9 L/yr - ₹6.5 L/yr

arrow icon 40% more
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PNB MetLife Senior Relationship Manager Salary

2 - 11 years exp. (31 salaries)

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₹3 L/yr - ₹5.2 L/yr

arrow icon 40% more
10 job openings
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₹5.2 L/yr - ₹7.4 L/yr

arrow icon 87% more
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₹3 L/yr - ₹5.9 L/yr

arrow icon 37% more
8 job openings
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₹3 L/yr - ₹4.5 L/yr

arrow icon 10% more
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₹2.6 L/yr - ₹3.6 L/yr

arrow icon 15% less
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₹3.5 L/yr - ₹5.3 L/yr

arrow icon 28% more
1 job opening
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Tata AIG Senior Relationship Manager Salary

4 - 9 years exp. (7 salaries)

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₹3.8 L/yr - ₹6.8 L/yr

arrow icon 84% more
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₹9 L/yr - ₹15.6 L/yr

arrow icon 277% more
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₹3.5 L/yr - ₹6.5 L/yr

arrow icon 60% more
4 job openings
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₹3.4 L/yr - ₹4.6 L/yr

arrow icon 7% more
Senior Relationship Manager salary at Bajaj Allianz Life Insurance ranges between ₹2.1 Lakhs to ₹4 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 51 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Latest annual salaries shared by Bajaj Allianz Life Insurance Senior Relationship Manager in Mumbai

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Experience wise Bajaj Allianz Life Insurance Senior Relationship Manager salaries in Mumbai

Last Updated: 5 Mar 2025

Experience Avg Annual Salary
Fresher  (11 salaries)

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₹2.5 L/yr - ₹4 L/yr
1 year  (9 salaries)

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₹2.7 L/yr - ₹3.8 L/yr
2 years  (10 salaries)

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₹2 L/yr - ₹3.5 L/yr
3 years  (7 salaries)

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₹2 L/yr - ₹5.9 L/yr
4 years  (6 salaries)

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₹2.5 L/yr - ₹3.4 L/yr
View all
Bajaj Allianz Life Insurance Senior Relationship Manager Salary and Career Growth

From

To

Senior Relationship Manager

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0 - 10 years exp.

Associate Sales Partner

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7 - 12 years exp.

Senior Relationship Manager

0 - 10 years exp.
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Executive Relationship Manager

0 - 10 years exp.
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arrow icon 13% hike

Business Sales Manager

1 - 11 years exp.
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arrow icon 20% 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.

Similar Designation salaries in Bajaj Allianz Life Insurance

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₹1.8 L/yr - ₹4.5 L/yr
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₹3 L/yr - ₹4.5 L/yr
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₹4.45 L/yr - ₹10 L/yr
Branch Manager Salary
(12 salaries)
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₹5.1 L/yr - ₹11.75 L/yr
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₹11.5 L/yr - ₹23 L/yr
Area Manager Salary
(11 salaries)
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₹5 L/yr - ₹13 L/yr
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₹5 L/yr - ₹12 L/yr

Top skills at Bajaj Allianz Life Insurance for Senior Relationship Manager

Sales Insurance Sales Life Insurance Bancassurance banca banca sales Communication Skills Relationship Management Communication Skills agency Insurance Sales Insurance Broking Bancassurance Salesforce Business Development
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Salary related reviews for Bajaj Allianz Life Insurance

3.5

Rated by 13 employees for salary & benefits

International Business Department

3.0
  •  posted on 03 Dec 2020

2.0
 for  Salary and Benefits

Likes

Nothing..In bajaj you only see "top management gives you words and big big promises but nothing will happend" ,managers not support their juniors. They only expect more from u and if u doing gud u will be appreciated only for that day.on next day u have to start with zero. In covid situation se faced more problems mentally we faced so much pressure and we worked from 9 to 11pm some time.. thr is no proper timing.. according to managers if u are doing work from home u not need to take break ... * Work culture is also not gud. * Company policies is just a policies for name.. if company want u terminate today they will find the way .but honestly for branding .. company policies is gud.

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Dislikes

...gap , most of managers are just useless and they are just leech in Organization. Who only take salary from Organization and doing nothing and one day they just left when they full with thr stomach. But nothing will change just do your job and if u don't like than just leave for better opportunity.

read more
  • Salary - Poor
  • +5 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
  • Salary - Excellent
  • +6 more

Dislikes

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

Full Time

 · 

Customer Success, Service & Operations Department

5.0
  •  posted on 05 Feb 2021

5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Nothing

BFSI, Investments & Trading Department

5.0
  •  posted on 15 Dec 2020

5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike every year

read more
  • Salary - Excellent
  • +5 more

Dislikes

There is a lot of politics for branch

Marketing & Communication Department

4.0
  •  posted on 29 Mar 2020

5.0
 for  Salary and Benefits

Likes

...ho has contributed 100 crore rupees in this crucial situation of the country.. Already released salary in 26'th March for the month of March Giving option to work from home WFH through its updated online process you can manage everything from your home.. This is very appriciable.. I love BALIC SO MUCH

read more
  • Salary - Excellent
  • +5 more

Dislikes

In (Bancassurance channel) Few employees are working with good and big net worth bank branches and they are getting promotion and wealth also While mostly are facing difficulties with urban and semi urban categories branches.. Management should take needful action towards

read more
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Bajaj Allianz Life Insurance Senior Relationship Manager Salary FAQs

What is the salary of Senior Relationship Manager at Bajaj Allianz Life Insurance Mumbai?
Senior Relationship Manager salary at Bajaj Allianz Life Insurance in Mumbai ranges between ₹2.1 Lakhs to ₹4.0 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 41% less than the average Senior Relationship Manager Salary in India. Salary estimates are based on 51 latest salaries received from various employees of Bajaj Allianz Life Insurance Mumbai.
How does the salary of a Senior Relationship Manager at Bajaj Allianz Life Insurance Mumbai compare with the average salary range for this job?
The average salary of a Senior Relationship Manager at Bajaj Allianz Life Insurance is 41% less than the average salary of a Senior Relationship Manager in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Senior Relationship Manager at Bajaj Allianz Life Insurance?
Sales, Insurance Sales, Life Insurance, Bancassurance and banca are some of the popular skills required to work as a Senior Relationship Manager at Bajaj Allianz Life Insurance Mumbai.
Which similar companies are paying more than Bajaj Allianz Life Insurance to a Senior Relationship Manager in Mumbai?
  • Aditya Birla Health Insurance Co Senior Relationship Manager Salary - ₹9.0 Lakhs to ₹15.6 Lakhs per year
  • ICICI Lombard General Insurance Company Senior Relationship Manager Salary - ₹5.2 Lakhs to ₹7.4 Lakhs per year
  • Tata AIG Senior Relationship Manager Salary - ₹3.8 Lakhs to ₹6.8 Lakhs per year
  • Axis Max Life Insurance Senior Relationship Manager Salary - ₹3.7 Lakhs to ₹9.0 Lakhs per year
  • Bajaj Allianz General Insurance Senior Relationship Manager Salary - ₹3.5 Lakhs to ₹6.5 Lakhs per year
What is the salary of a Senior Relationship Manager in companies similar to Bajaj Allianz Life Insurance in Mumbai?
  • ICICI Prudential Life Insurance Senior Relationship Manager Salary - ₹3.0 Lakhs to ₹5.0 Lakhs per year
  • Kotak Mahindara Life Insurance Senior Relationship Manager Salary - ₹3.9 Lakhs to ₹6.5 Lakhs per year
  • PNB MetLife Senior Relationship Manager Salary - ₹3.0 Lakhs to ₹5.2 Lakhs per year
  • Tata AIA Life Insurance Senior Relationship Manager Salary - ₹3.0 Lakhs to ₹5.9 Lakhs per year
  • Niva Bupa Health Insurance Company Senior Relationship Manager Salary - ₹3.5 Lakhs to ₹5.3 Lakhs per year
What is the estimated take home salary of a Senior Relationship Manager at Bajaj Allianz Life Insurance in Mumbai?
The estimated take-home salary of a Senior Relationship Manager at Bajaj Allianz Life Insurance ranges between ₹23,640 per month to ₹25,099 per month in Mumbai. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance Senior Relationship Manager salary in India which ranges between ₹2.1 Lakhs to ₹4.0 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?
What is the notice period for Senior Relationship Manager at Bajaj Allianz Life Insurance in Mumbai?
According to AmbitionBox, 88% of the Bajaj Allianz Life Insurance Senior Relationship Managers in Mumbai reported a notice period of 1 Month, 8% reported a notice period of More than 3 months and the remaining reported other notice period durations. This is based on 26 responses on AmbitionBox in last 2 years.

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Bajaj Allianz Life Insurance Senior Relationship Manager salary in Mumbai ranges between ₹2.1 Lakhs to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 51 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.