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4.0

based on 4.7k Reviews

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Bajaj Allianz Life Insurance SRM Manager salaries in India

Annual salary range
0 - 8 years exp.
₹2.5 Lakhs - ₹3.5 Lakhs
Salary of majority employees
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34% less than the average SRM Manager Salary in Insurance Companies for 0 - 8 years of experience

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Salaries in different departments

Marketing & Communication
SRM Manager Salary
1 - 5 years exp. (6 salaries)
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₹2.8 L/yr - ₹3.3 L/yr

Finance & Accounting
SRM Manager Salary
2 - 4 years exp. (5 salaries)
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₹3 L/yr - ₹3.5 L/yr

Sales & Business Development
SRM Manager Salary
3 - 6 years exp. (5 salaries)
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₹2.5 L/yr - ₹3 L/yr

BFSI, Investments & Trading
SRM Manager Salary
0 - 3 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹3.5 L/yr

Customer Success, Service & Operations
SRM Manager Salary
2 years exp. (AmbitionBox Estimate)
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₹3.4 L/yr - ₹3.5 L/yr

Last Updated: 20 Jan 2025

Companies similar to Bajaj Allianz Life Insurance for SRM Manager

Company name Avg Annual Salary Open Jobs
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₹3.9 L/yr - ₹4 L/yr

arrow icon 28% more
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HDFC Life SRM Manager Salary

0 - 6 years exp. (12 salaries)

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₹3.5 L/yr - ₹3.9 L/yr

arrow icon 19% more
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Max Life Insurance SRM Manager Salary

2 - 8 years exp. (9 salaries)

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₹3 L/yr - ₹6 L/yr

arrow icon 47% more
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₹3.6 L/yr - ₹4 L/yr

arrow icon 26% more
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₹2.4 L/yr - ₹2.6 L/yr

arrow icon 16% less
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Tata AIA Life Insurance SRM Manager Salary

5 - 8 years exp. (5 salaries)

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₹3.7 L/yr - ₹6 L/yr

arrow icon 51% more
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PNB MetLife SRM Manager Salary

3 - 10 years exp. (39 salaries)

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₹3 L/yr - ₹5.5 L/yr

arrow icon 48% more
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₹5.6 L/yr - ₹6.3 L/yr

arrow icon 93% more
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Care Health Insurance SRM Manager Salary

0 - 6 years exp. (7 salaries)

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₹2.3 L/yr - ₹3.3 L/yr

arrow icon 10% less
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₹3 L/yr - ₹4.5 L/yr

arrow icon 28% more
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₹2.9 L/yr - ₹4 L/yr

arrow icon 18% more
SRM Manager salary at Bajaj Allianz Life Insurance ranges between ₹2.5 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 28 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Latest annual salaries shared by Bajaj Allianz Life Insurance SRM Manager

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Experience wise Bajaj Allianz Life Insurance SRM Manager salaries

Last Updated: 20 Jan 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.2 L/yr - ₹3.5 L/yr
1 year  (3 salaries)

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₹2.5 L/yr - ₹3.3 L/yr
2 years  (6 salaries)

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₹2.8 L/yr - ₹3.5 L/yr
3 years  (6 salaries)

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₹3 L/yr - ₹3.5 L/yr
4 years  (5 salaries)

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₹3 L/yr - ₹3.3 L/yr
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Similar Designation salaries in Bajaj Allianz Life Insurance

Store Manager Salary
(AmbitionBox Estimate)
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₹12.2 L/yr - ₹15.5 L/yr
Area Manager Salary
(205 salaries)
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₹5 L/yr - ₹16.5 L/yr
Sales Manager Salary
(206 salaries)
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₹1.55 L/yr - ₹7 L/yr
Branch Manager Salary
(129 salaries)
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₹4.5 L/yr - ₹13.5 L/yr
Deputy Manager Salary
(328 salaries)
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₹4.5 L/yr - ₹16.68 L/yr
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₹3.45 L/yr - ₹12 L/yr
Sales Officer Salary
(23 salaries)
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₹2 L/yr - ₹5.5 L/yr
Territory Manager Salary
(238 salaries)
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₹4.1 L/yr - ₹9 L/yr
Team Lead Salary
(52 salaries)
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₹0.8 L/yr - ₹7.25 L/yr
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₹2.55 L/yr - ₹6.2 L/yr

Salary related reviews for Bajaj Allianz Life Insurance

4.6

Rated by 7 employees for salary & benefits

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.

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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.

read more
  • Salary - Bad
    +6 more

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.

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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

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  • Salary - Bad
    +6 more

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.

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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.

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  • Skill development - Bad
    +4 more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 25 Apr 2022

5.0
 for  Salary and Benefits

Likes

...mmates is transparent. There is a huge cafeteria and gaming arcade fir chilling. Cimpany policies are good apprasals are fair and they give good salary hike and bonus every year.

read more
  • Salary - Excellent
    +6 more

Dislikes

There is a lot of politics and the management doesn't address our issue.salary is decent but career growth is slow.there is a bond of 2 years before which you cannot resign.on the job training is not given to new joinees.

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Bajaj Allianz Life Insurance SRM Manager Salary FAQs

What is the salary of SRM Manager at Bajaj Allianz Life Insurance?
SRM Manager salary at Bajaj Allianz Life Insurance in India ranges between ₹2.5 Lakhs to ₹3.5 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 34% less than the average SRM Manager Salary in India. Salary estimates are based on 28 latest salaries received from various employees of Bajaj Allianz Life Insurance India.
How does the salary of a SRM Manager at Bajaj Allianz Life Insurance India compare with the average salary range for this job?
The average salary of a SRM Manager at Bajaj Allianz Life Insurance is 34% less than the average salary of a SRM Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Bajaj Allianz Life Insurance to a SRM Manager in India?
  • ICICI Lombard General Insurance Company SRM Manager Salary - ₹5.6 Lakhs to ₹6.3 Lakhs per year
  • Tata AIA Life Insurance SRM Manager Salary - ₹3.7 Lakhs to ₹6.0 Lakhs per year
  • PNB MetLife SRM Manager Salary - ₹3.0 Lakhs to ₹5.5 Lakhs per year
  • Max Life Insurance SRM Manager Salary - ₹3.0 Lakhs to ₹6.0 Lakhs per year
  • Star Health & Allied Insurance SRM Manager Salary - ₹3.0 Lakhs to ₹4.5 Lakhs per year
What is the salary of a SRM Manager in companies similar to Bajaj Allianz Life Insurance in India?
  • ICICI Prudential Life Insurance SRM Manager Salary - ₹3.9 Lakhs to ₹4.0 Lakhs per year
  • Kotak Mahindara Life Insurance SRM Manager Salary - ₹3.6 Lakhs to ₹4.0 Lakhs per year
  • HDFC Life SRM Manager Salary - ₹3.5 Lakhs to ₹3.9 Lakhs per year
  • Bajaj Allianz General Insurance SRM Manager Salary - ₹2.9 Lakhs to ₹4.0 Lakhs per year
  • Care Health Insurance SRM Manager Salary - ₹2.3 Lakhs to ₹3.3 Lakhs per year
What is the estimated take home salary of a SRM Manager at Bajaj Allianz Life Insurance in India?
The estimated take-home salary of a SRM Manager at Bajaj Allianz Life Insurance ranges between ₹22,096 per month to ₹23,578 per month in India. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance SRM Manager salary in India which ranges between ₹2.5 Lakhs to ₹3.5 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 SRM Manager at Bajaj Allianz Life Insurance?
According to AmbitionBox, 76% of the Bajaj Allianz Life Insurance SRM Managers reported a notice period of 1 Month, 20% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 54 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Bajaj Allianz Life Insurance SRM Manager salary in India ranges between ₹2.5 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 28 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.