Bajaj Allianz Life Insurance Mumbai Senior Relationship Manager Salaries by 50+ Employees (Updated 2025)

0 - 10 years exp.

₹2.1 Lakhs - ₹4 Lakhs

Salary of majority employees

41% less than the average Senior Relationship Manager Salary in Insurance Companies for 0 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Relationship Manager Salary 0 - 8 years exp. (23 salaries)	₹2.7 L/yr - ₹4 L/yr
Sales & Business Development Senior Relationship Manager Salary 0 - 10 years exp. (14 salaries)	₹2.1 L/yr - ₹4 L/yr
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Marketing & Communication Senior Relationship Manager Salary 0 - 7 years exp. (3 salaries)	₹3.3 L/yr - ₹3.6 L/yr
Customer Success, Service & Operations Senior Relationship Manager Salary 5 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.5 L/yr
Finance & Accounting Senior Relationship Manager Salary 0 - 4 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr

Last Updated: 26 Jan 2025

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

Bajaj Allianz Life Insurance Senior Relationship Manager Salary

0 - 10 years exp. (56 salaries)

₹2.1 L/yr - ₹4 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Senior Relationship Manager Salary 2 - 7 years exp. (27 salaries)	₹2.2 L/yr - ₹4.2 L/yr 16% more
ICICI Prudential Life Insurance Senior Relationship Manager Salary 3 - 5 years exp. (5 salaries)	₹3 L/yr - ₹5 L/yr 38% more
Login to view exact salary
Max Life Insurance Senior Relationship Manager Salary 4 - 10 years exp. (18 salaries)	₹4 L/yr - ₹9 L/yr 87% more
Kotak Mahindara Life Insurance Senior Relationship Manager Salary 3 - 6 years exp. (9 salaries)	₹3.9 L/yr - ₹6 L/yr 46% more
ICICI Lombard General Insurance Company Senior Relationship Manager Salary 3 - 11 years exp. (29 salaries)	₹5.2 L/yr - ₹7.4 L/yr 84% more
PNB MetLife Senior Relationship Manager Salary 2 - 11 years exp. (30 salaries)	₹3.5 L/yr - ₹5.2 L/yr 44% more	8 job openings
Tata AIA Life Insurance Senior Relationship Manager Salary 2 - 7 years exp. (22 salaries)	₹3 L/yr - ₹5.9 L/yr 36% more	9 job openings
Aditya Birla Sun Life Insurance Senior Relationship Manager Salary 0 - 7 years exp. (16 salaries)	₹3 L/yr - ₹5 L/yr 10% more
Reliance Nippon Life Insurance Senior Relationship Manager Salary 0 - 9 years exp. (9 salaries)	₹2.6 L/yr - ₹4.5 L/yr 11% less
Tata AIG Senior Relationship Manager Salary 4 - 9 years exp. (7 salaries)	₹3.8 L/yr - ₹6.8 L/yr 85% more
Aditya Birla Health Insurance Co Senior Relationship Manager Salary 7 - 9 years exp. (4 salaries)	₹6.7 L/yr - ₹7 L/yr 111% more
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Star Health & Allied Insurance Senior Relationship Manager Salary 7 - 10 years exp. (3 salaries)	₹3.4 L/yr - ₹4.6 L/yr 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 10 years. Salary estimates are based on 56 latest salaries received from various employees of Bajaj Allianz Life Insurance.

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

Last Updated: 26 Jan 2025

Experience	Avg Annual Salary
Fresher (11 salaries)	₹2.5 L/yr - ₹4 L/yr
1 year (10 salaries)	₹2.7 L/yr - ₹3.8 L/yr
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2 years (9 salaries)	₹2.8 L/yr - ₹3.5 L/yr
3 years (9 salaries)	₹2 L/yr - ₹4 L/yr
4 years (7 salaries)	₹2.5 L/yr - ₹3.4 L/yr
5 years (5 salaries)	₹3.1 L/yr - ₹3.6 L/yr
6 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.6 L/yr
7 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.6 L/yr
8 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.5 L/yr
9 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
10 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.5 L/yr

View all

Similar Designation salaries in Bajaj Allianz Life Insurance

Relationship Manager Salary

(55 salaries)

₹1.8 L/yr - ₹4.5 L/yr

Territory Manager Salary

(15 salaries)

₹4.45 L/yr - ₹10 L/yr

Senior Sales Manager Salary

(15 salaries)

₹3 L/yr - ₹4.5 L/yr

Branch Manager Salary

(13 salaries)

₹5.1 L/yr - ₹12 L/yr

Area Manager Salary

(12 salaries)

₹5 L/yr - ₹13 L/yr

Regional Manager Salary

(7 salaries)

₹15 L/yr - ₹23 L/yr

Area Sales Manager Salary

(4 salaries)

₹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 Relationship Management Communication Skills agency Insurance Broking Business Development Communication Skills Customer Service Insurance Client Relationship Management

Salary related reviews for Bajaj Allianz Life Insurance

3.4

Rated by 12 employees for salary & benefits

Senior Relationship Manager in Mumbai

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.

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.

Salary - Poor

+5 more

Senior Relationship Manager in Hyderabad / Secunderabad

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.

Salary - Excellent

+6 more

Dislikes

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

Senior Relationship Manager in Bhubaneswar

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.

Salary - Excellent

+6 more

Dislikes

Nothing

Senior Relationship Manager in All Mumbai

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

Salary - Excellent

+5 more

Dislikes

There is a lot of politics for branch

Senior Relationship Manager

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

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

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fathersahaab

works at

AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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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 10 years. According to our estimates it is 41% less than the average Senior Relationship Manager Salary in India. Salary estimates are based on 56 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 - ₹6.7 Lakhs to ₹7.0 Lakhs per year
Max Life Insurance Senior Relationship Manager Salary - ₹4.0 Lakhs to ₹9.0 Lakhs per year
Tata AIG Senior Relationship Manager Salary - ₹3.8 Lakhs to ₹6.8 Lakhs per year
ICICI Lombard General Insurance Company Senior Relationship Manager Salary - ₹5.2 Lakhs to ₹7.4 Lakhs per year
Kotak Mahindara Life Insurance Senior Relationship Manager Salary - ₹3.9 Lakhs to ₹6.0 Lakhs per year

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

PNB MetLife Senior Relationship Manager Salary - ₹3.5 Lakhs to ₹5.2 Lakhs per year
ICICI Prudential Life Insurance Senior Relationship Manager Salary - ₹3.0 Lakhs to ₹5.0 Lakhs per year
Tata AIA Life Insurance Senior Relationship Manager Salary - ₹3.0 Lakhs to ₹5.9 Lakhs per year
HDFC Life Senior Relationship Manager Salary - ₹2.2 Lakhs to ₹4.2 Lakhs per year
Aditya Birla Sun Life Insurance Senior Relationship Manager Salary - ₹3.0 Lakhs to ₹5.0 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 ₹23,501 per month to ₹24,962 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 10 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, 90% of the Bajaj Allianz Life Insurance Senior Relationship Managers in Mumbai reported a notice period of 1 Month, 7% reported a notice period of More than 3 months and the remaining reported other notice period durations. This is based on 29 responses on AmbitionBox in last 2 years.

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Bajaj Allianz Life Insurance Senior Relationship Manager Salaries in Mumbai

Bajaj Allianz Life Insurance Senior Relationship Manager salary in Mumbai ranges between ₹2.1 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 56 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.

Bajaj Allianz Life Insurance Senior Relationship Manager salaries in Mumbai

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

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

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

Similar Designation salaries in Bajaj Allianz Life Insurance

Top skills at Bajaj Allianz Life Insurance for Senior Relationship Manager

Salary related reviews for Bajaj Allianz Life Insurance

Senior Relationship Manager in Mumbai

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Bajaj Allianz Life Insurance Senior Relationship Manager Salary FAQs

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