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

Annual salary range
1 - 4 years exp.
₹3 Lakhs - ₹3.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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62% less than the average Service Manager Salary in Insurance Companies for 1 - 4 years of experience

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Last Updated: 20 Feb 2025

Companies similar to Bajaj Allianz Life Insurance for Service Manager

Company name Avg Annual Salary Open Jobs
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₹2.2 L/yr - ₹4 L/yr

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HDFC Life Service Manager Salary

0 - 6 years exp. (7 salaries)

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₹2.4 L/yr - ₹3.2 L/yr

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Max Life Insurance Service Manager Salary

0 - 2 years exp. (6 salaries)

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₹1.7 L/yr - ₹3.5 L/yr

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₹2.7 L/yr - ₹3.5 L/yr

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PNB MetLife Service Manager Salary

0 - 6 years exp. (3 salaries)

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₹3.3 L/yr - ₹7 L/yr

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₹4 L/yr - ₹5.5 L/yr

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Tata AIG Service Manager Salary

2 - 10 years exp. (5 salaries)

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₹2 L/yr - ₹5.9 L/yr

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Allianz Service Manager Salary

8 - 9 years exp. (3 salaries)

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₹6 L/yr - ₹13.3 L/yr

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Service Manager salary at Bajaj Allianz Life Insurance ranges between ₹3 Lakhs to ₹3.5 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Latest annual salaries shared by Bajaj Allianz Life Insurance Service Manager

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4 years exp.
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1 year exp.

Experience wise Bajaj Allianz Life Insurance Service Manager salaries

Last Updated: 20 Feb 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹3 L/yr - ₹3.5 L/yr
2 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr
3 years (AmbitionBox Estimate)

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₹3 L/yr - ₹5.4 L/yr
4 years (AmbitionBox Estimate)

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₹1.2 L/yr - ₹3.5 L/yr

Similar Designation salaries in Bajaj Allianz Life Insurance

Area Service Manager Salary
(AmbitionBox Estimate)
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₹13.5 L/yr - ₹17.3 L/yr
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₹3.25 L/yr - ₹3.74 L/yr
Service Advisor Salary
(AmbitionBox Estimate)
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₹0.2 L/yr - ₹0.2 L/yr
Area Manager Salary
(227 salaries)
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₹5 L/yr - ₹16.5 L/yr
Center Manager Salary
(6 salaries)
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₹3.2 L/yr - ₹6.3 L/yr
Deputy Manager Salary
(298 salaries)
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₹4.5 L/yr - ₹16.5 L/yr
Territory Manager Salary
(227 salaries)
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₹3.65 L/yr - ₹9.17 L/yr
Sales Manager Salary
(205 salaries)
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₹1.55 L/yr - ₹7 L/yr
Service Supervisor Salary
(AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr
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₹1.8 L/yr - ₹3 L/yr

Top skills at Bajaj Allianz Life Insurance for Service Manager

General Insurance Licensing Policy Servicing Branch Operations

Salary related reviews for Bajaj Allianz Life Insurance

4.0

Rated by 2 employees for salary & benefits

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.

read more

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

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 31 Jan 2025

5.0
 for  Salary and Benefits

Likes

The salary and perks offered to employees are excellent, and the work ethics are truly commendable . You won't regret your decision to work here. There is no favoritism and the management is outstanding.

read more
  • Salary - Excellent
  • +6 more

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 29 Jan 2025

5.0
 for  Salary and Benefits

Likes

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

  • Salary - Excellent
  • +6 more

Dislikes

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

read more

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.

read more
  • Salary - Excellent
  • +3 more

Dislikes

Nothing as of now.

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 27 Dec 2024

4.0
 for  Salary and Benefits

Likes

...ect channel there is no work life balance, no job security. Worst work culture. Only salary good

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  • Salary - Good

Dislikes

Specially Direct channel worst job culture. All seniors are rude, Cluster manager, RH all are too much bad. I suggest not to join is direct Channel in BALIC.

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  • Skill development - Bad
  • +5 more
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Bajaj Allianz Life Insurance Service Manager Salary FAQs

What is the salary of Service Manager at Bajaj Allianz Life Insurance?
Service Manager salary at Bajaj Allianz Life Insurance in India ranges between ₹3.0 Lakhs to ₹3.5 Lakhs for experience between 1 years to 4 years. According to our estimates it is 62% less than the average Service Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Allianz Life Insurance India.
How does the salary of a Service Manager at Bajaj Allianz Life Insurance India compare with the average salary range for this job?
The average salary of a Service Manager at Bajaj Allianz Life Insurance is 62% less than the average salary of a Service Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Service Manager at Bajaj Allianz Life Insurance?
General Insurance, Licensing, Policy Servicing and Branch Operations are some of the popular skills required to work as a Service Manager at Bajaj Allianz Life Insurance India.
Which similar companies are paying more than Bajaj Allianz Life Insurance to a Service Manager in India?
  • Allianz Service Manager Salary - ₹6.0 Lakhs to ₹13.3 Lakhs per year
  • PNB MetLife Service Manager Salary - ₹3.3 Lakhs to ₹7.0 Lakhs per year
  • ICICI Lombard General Insurance Company Service Manager Salary - ₹4.0 Lakhs to ₹5.5 Lakhs per year
  • Tata AIG Service Manager Salary - ₹2.0 Lakhs to ₹5.9 Lakhs per year
  • Max Life Insurance Service Manager Salary - ₹1.7 Lakhs to ₹3.5 Lakhs per year
What is the salary of a Service Manager in companies similar to Bajaj Allianz Life Insurance in India?
  • Tata AIA Life Insurance Service Manager Salary - ₹2.7 Lakhs to ₹3.5 Lakhs per year
  • ICICI Prudential Life Insurance Service Manager Salary - ₹2.2 Lakhs to ₹4.0 Lakhs per year
  • HDFC Life Service Manager Salary - ₹2.4 Lakhs to ₹3.2 Lakhs per year
What is the estimated take home salary of a Service Manager at Bajaj Allianz Life Insurance in India?
The estimated take-home salary of a Service Manager at Bajaj Allianz Life Insurance ranges between ₹21,654 per month to ₹23,143 per month in India. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance Service Manager salary in India which ranges between ₹3.0 Lakhs to ₹3.5 Lakhs per year for employees with experience between 1 years to 4 years. Check how did we calculate take home salary?
What is the notice period for Service Manager at Bajaj Allianz Life Insurance?
According to AmbitionBox, 100% of the Bajaj Allianz Life Insurance Service Managers reported a notice period of 1 Month.This is based on 6 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Bajaj Allianz Life Insurance Service Manager salary in India ranges between ₹3 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.