Bajaj Allianz Life Insurance Team Manager Salaries by 10+ Employees (Updated 2025)

0 - 10 years exp.

₹3.3 Lakhs - ₹12.8 Lakhs

Salary of majority employees

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49% less than the average Team Manager Salary in Insurance Companies for 0 - 10 years of experience

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Last Updated: 4 Jan 2025

Companies similar to Bajaj Allianz Life Insurance for Team Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Team Manager Salary 1 - 8 years exp. (12 salaries)	Unlock ₹3.8 L/yr - ₹9.6 L/yr 5% more
HDFC Life Team Manager Salary 1 - 10 years exp. (28 salaries)	Unlock ₹3.5 L/yr - ₹7.3 L/yr 15% less
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SBI Life Insurance Company Team Manager Salary 3 - 19 years exp. (9 salaries)	Unlock ₹7.5 L/yr - ₹20.7 L/yr 51% more
Axis Max Life Insurance Team Manager Salary 6 - 13 years exp. (9 salaries)	Unlock ₹5.7 L/yr - ₹11.3 L/yr 40% more
Kotak Mahindara Life Insurance Team Manager Salary 0 - 7 years exp. (12 salaries)	Unlock ₹1.2 L/yr - ₹7.5 L/yr 36% less
Reliance Nippon Life Insurance Team Manager Salary 1 - 10 years exp. (4 salaries)	Unlock ₹6.9 L/yr - ₹11.5 L/yr 4% less
Tata AIA Life Insurance Team Manager Salary 4 - 15 years exp. (9 salaries)	Unlock ₹4 L/yr - ₹16.7 L/yr 23% more
Aditya Birla Sun Life Insurance Team Manager Salary 5 - 11 years exp. (4 salaries)	Unlock ₹5.5 L/yr - ₹8 L/yr 14% less
PNB MetLife Team Manager Salary 0 - 11 years exp. (7 salaries)	Unlock ₹4 L/yr - ₹12 L/yr 13% less	1 job opening
Gallagher Team Manager Salary 7 - 14 years exp. (211 salaries)	Unlock ₹4.3 L/yr - ₹14 L/yr 8% more
First American Corporation Team Manager Salary 9 - 18 years exp. (30 salaries)	Unlock ₹5.4 L/yr - ₹12.3 L/yr 14% more
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Niva Bupa Health Insurance Company Team Manager Salary 4 - 10 years exp. (28 salaries)	Unlock ₹3.5 L/yr - ₹7.5 L/yr 27% less
ICICI Lombard General Insurance Company Team Manager Salary 2 - 16 years exp. (20 salaries)	Unlock ₹2.5 L/yr - ₹11 L/yr 10% less
Tata AIG Team Manager Salary 0 - 8 years exp. (8 salaries)	Unlock ₹4 L/yr - ₹8.1 L/yr 26% less
Star Health & Allied Insurance Team Manager Salary 1 - 8 years exp. (17 salaries)	Unlock ₹3 L/yr - ₹7.8 L/yr 43% less
Allstate Team Manager Salary 9 - 17 years exp. (13 salaries)	Unlock ₹6.1 L/yr - ₹22.6 L/yr 64% more
HDFC Ergo General Insurance Team Manager Salary 2 - 10 years exp. (12 salaries)	Unlock ₹5.8 L/yr - ₹12.4 L/yr 7% less
Bajaj Allianz General Insurance Team Manager Salary 2 - 13 years exp. (10 salaries)	Unlock ₹2.8 L/yr - ₹12 L/yr 16% less
AIG Team Manager Salary 5 - 13 years exp. (5 salaries)	Unlock ₹11.5 L/yr - ₹30 L/yr 124% more
Shriram Life Insurance Team Manager Salary 4 - 16 years exp. (4 salaries)	Unlock ₹2.5 L/yr - ₹14 L/yr 1% less

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Team Manager salary at Bajaj Allianz Life Insurance ranges between ₹3.3 Lakhs to ₹12.8 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 13 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Experience wise Bajaj Allianz Life Insurance Team Manager salaries

Last Updated: 4 Jan 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	Unlock ₹2.2 L/yr - ₹5.9 L/yr
1 year (6 salaries)	Unlock ₹2.8 L/yr - ₹8 L/yr
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2 years (AmbitionBox Estimate)	Unlock ₹4.7 L/yr - ₹6 L/yr
3 years (AmbitionBox Estimate)	Unlock ₹3.2 L/yr - ₹11.1 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹2.8 L/yr - ₹12.8 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹7.2 L/yr - ₹9.2 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹3.6 L/yr - ₹13.8 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹8.9 L/yr - ₹11.4 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹9.8 L/yr - ₹12.5 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹10.6 L/yr - ₹13.6 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹5.1 L/yr - ₹18 L/yr

View all

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Cluster Manager Salary

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Operations Manager Salary

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₹3.5 L/yr - ₹14.99 L/yr

Relationship Manager Salary

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Salary related reviews for Bajaj Allianz Life Insurance

4.4

Rated by 17 employees for salary & benefits

Team Manager in Pune

Information Technology Department

3.0

• posted on 04 Jul 2022

4.0

for Salary and Benefits

Likes

1.) Good Bonus/ Quarterly Incentives 2.) Quarterly Awards 3.) Good Team 4.) Good place to start the carrier 4.) will get chance to work across multiple partners/ Dept's

Salary - Good

+2 more

Dislikes

1.) No work Life Balance 2.) No fixed timing 3.) Single digit / Low Increment

Work satisfaction - Poor

+2 more

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

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

Relationship Manager in Jaipur

Sales & Business Development Department

5.0

• posted on 11 Apr 2022

4.0

for Salary and Benefits

Likes

Overall work culture of the organisation is good and the management of the organisation is employee friendly

Salary - Good

+6 more

Dislikes

The only lacking point is that the organisation did not provide year on year salary hike until or unless someone did not achieve their yearly Targets.

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Bajaj Allianz Life Insurance Team Manager Salary FAQs

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

Team Manager salary at Bajaj Allianz Life Insurance in India ranges between ₹3.3 Lakhs to ₹12.8 Lakhs for less than 1 year of experience to 10 years. According to our estimates it is 49% less than the average Team Manager Salary in India. Salary estimates are based on 13 latest salaries received from various employees of Bajaj Allianz Life Insurance India.

How does the salary of a Team Manager at Bajaj Allianz Life Insurance India compare with the average salary range for this job?

The average salary of a Team Manager at Bajaj Allianz Life Insurance is 49% less than the average salary of a Team Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Bajaj Allianz Life Insurance to a Team Manager in India?

AXA Team Manager Salary - ₹25.0 Lakhs to ₹30.0 Lakhs per year
Allianz Partners Team Manager Salary - ₹8.0 Lakhs to ₹32.0 Lakhs per year
Allianz Team Manager Salary - ₹5.8 Lakhs to ₹29.6 Lakhs per year
Principal Global Services Team Manager Salary - ₹11.0 Lakhs to ₹29.3 Lakhs per year
AIG Team Manager Salary - ₹11.5 Lakhs to ₹30.0 Lakhs per year

What is the salary of a Team Manager in companies similar to Bajaj Allianz Life Insurance in India?

Allstate Team Manager Salary - ₹6.1 Lakhs to ₹22.6 Lakhs per year
SBI Life Insurance Company Team Manager Salary - ₹7.5 Lakhs to ₹20.7 Lakhs per year
Axis Max Life Insurance Team Manager Salary - ₹5.7 Lakhs to ₹11.3 Lakhs per year
Aditya Birla Health Insurance Co Team Manager Salary - ₹6.5 Lakhs to ₹16.2 Lakhs per year
Tata AIA Life Insurance Team Manager Salary - ₹4.0 Lakhs to ₹16.7 Lakhs per year

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

The estimated take-home salary of a Team Manager at Bajaj Allianz Life Insurance ranges between ₹59,263 per month to ₹60,759 per month in India. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance Team Manager salary in India which ranges between ₹3.3 Lakhs to ₹12.8 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 Team Manager at Bajaj Allianz Life Insurance?

According to AmbitionBox, 70% of the Bajaj Allianz Life Insurance Team Managers reported a notice period of 15 days or less, 30% reported a notice period of 1 Month.This is based on 10 responses on AmbitionBox in last 2 years.

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Bajaj Allianz Life Insurance Team Manager Salaries

Bajaj Allianz Life Insurance Team Manager salary in India ranges between ₹3.3 Lakhs to ₹12.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.