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Annual salary range
4 - 23 years exp.
₹4
Lakhs - ₹10
Lakhs
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary13% less than the average Territory Manager Salary in Insurance Companies for 4 - 23 years of experience
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Salaries in different departments
Sales & Business Development
Territory Manager Salary
4 - 21
years
exp.
(85
salaries)
|  ₹4.1 L/yr - ₹9 L/yr |
BFSI, Investments & Trading
Territory Manager Salary
4 - 23
years
exp.
(75
salaries)
| ₹4.4 L/yr - ₹10 L/yr |
Login to view exact salary
| |
Marketing & Communication
Territory Manager Salary
5 - 23
years
exp.
(20
salaries)
| ₹4.6 L/yr - ₹8 L/yr |
Customer Success, Service & Operations
Territory Manager Salary
5 - 17
years
exp.
(6
salaries)
| ₹4.1 L/yr - ₹8.2 L/yr |
Companies similar to Bajaj Allianz Life Insurance for Territory Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 HDFC Life Territory Manager Salary
8 - 20 years exp. (244 salaries) | ₹10.3 L/yr - ₹21 L/yr 
111%
more | |
 ICICI Prudential Life Insurance Territory Manager Salary
7 - 9 years exp. (4 salaries) | ₹5.5 L/yr - ₹6.2 L/yr 
11%
less | |
Login to view exact salary
| ||
 SBI Life Insurance Company Territory Manager Salary
4 - 15 years exp. (101 salaries) | ₹4 L/yr - ₹7 L/yr
16%
less | |
 Max Life Insurance Territory Manager Salary
10 - 18 years exp. (40 salaries) | ₹7.5 L/yr - ₹19 L/yr
108%
more | |
 Tata AIA Life Insurance Territory Manager Salary
5 - 14 years exp. (82 salaries) | ₹5.2 L/yr - ₹10 L/yr
23%
more | 4 job openings |
 Kotak Mahindara Life Insurance Territory Manager Salary
15 - 20 years exp. (4 salaries) | ₹15.4 L/yr - ₹20 L/yr
151%
more | |
 Reliance Nippon Life Insurance Territory Manager Salary
5 - 17 years exp. (99 salaries) | ₹4 L/yr - ₹12 L/yr
5%
more | |
 Aviva Life Insurance India Territory Manager Salary
5 - 14 years exp. (54 salaries) | ₹5.4 L/yr - ₹10.1 L/yr
11%
more | 1 job opening |
 PNB MetLife Territory Manager Salary
3 - 17 years exp. (368 salaries) | ₹4.5 L/yr - ₹10.3 L/yr
13%
more | 2 job openings |
 Bajaj Allianz General Insurance Territory Manager Salary
2 - 14 years exp. (314 salaries) | ₹2.4 L/yr - ₹7.7 L/yr
22%
less | |
 Star Health & Allied Insurance Territory Manager Salary
10 - 20 years exp. (44 salaries) | ₹7.2 L/yr - ₹17 L/yr
107%
more | |
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| ||
 ICICI Lombard General Insurance Company Territory Manager Salary
1 - 15 years exp. (42 salaries) | ₹5.6 L/yr - ₹14 L/yr
40%
more | |
 Care Health Insurance Territory Manager Salary
5 - 15 years exp. (34 salaries) | ₹4.2 L/yr - ₹7.9 L/yr
6%
less | |
 HDFC Ergo General Insurance Territory Manager Salary
5 - 18 years exp. (18 salaries) | ₹4 L/yr - ₹8.8 L/yr
9%
more | |
 Shriram Life Insurance Territory Manager Salary
3 - 10 years exp. (9 salaries) | ₹3 L/yr - ₹7.2 L/yr
31%
less | |
 Aditya Birla Sun Life Insurance Territory Manager Salary
2 - 11 years exp. (9 salaries) | ₹6.3 L/yr - ₹9 L/yr
5%
more | |
 Life Insurance Corporation of India Territory Manager Salary
7 - 15 years exp. (6 salaries) | ₹4 L/yr - ₹11.5 L/yr
21%
more | |
 Tata AIG Territory Manager Salary
3 - 8 years exp. (4 salaries) | ₹4.5 L/yr - ₹5.3 L/yr
23%
less | |
 Aditya Birla Insurance Brokers Territory Manager Salary
6 - 14 years exp. (4 salaries) | ₹5 L/yr - ₹8 L/yr
2%
more | |
 Allianz Partners Territory Manager Salary
4 - 6 years exp. (3 salaries) | ₹4 L/yr - ₹4.1 L/yr
38%
less | |
Territory Manager salary at Bajaj Allianz Life Insurance ranges between ₹4
Lakhs
to ₹10
Lakhs
per year for employees with experience between 4 years to 23 years. Salary
estimates are based on
226 latest salaries received
from various employees of Bajaj Allianz Life Insurance.
Latest annual salaries shared by Bajaj Allianz Life Insurance Territory Manager
2d ago
20
years
exp.
3d ago
4
years
exp.
6d ago
10
years
exp.
1w ago
7
years
exp.
1w ago
11
years
exp.
2w ago
9
years
exp.
2w ago
8
years
exp.
2w ago
15
years
exp.
2w ago
7
years
exp.
3w ago
19
years
exp.
Experience wise Bajaj Allianz Life Insurance Territory Manager salaries
Last Updated: 6 Jan 2025
| Experience | Avg Annual Salary |
|---|---|
| 4 years (8 salaries) |
₹4.3
L/yr
- ₹8
L/yr
|
| 5 years (19 salaries) |
₹4.1
L/yr
- ₹7.5
L/yr
|
Login to view exact salary
| |
| 6 years (21 salaries) |
₹4
L/yr
- ₹10
L/yr
|
| 7 years (15 salaries) |
₹4.5
L/yr
- ₹7.5
L/yr
|
| 8 years (21 salaries) |
₹4.4
L/yr
- ₹8
L/yr
|
View all
Similar Designation salaries in Bajaj Allianz Life Insurance
Top skills at Bajaj Allianz Life Insurance for Territory Manager
Life Insurance
Agency Sales
Agency Channel
Insurance
Sales
Territory Management
Agent Recruitment
Health Insurance
Tied Channel
Motor Insurance
Agency Management
Retail Sales
General Insurance
Insurance Sales
Financial Services
Salary related reviews for Bajaj Allianz Life Insurance
Discover interview dos and don'ts from real experiences
Top trending discussions
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Salary Discussions, Hike & Promotions
2w (edited)
a social media specialist
Salary Expectations
I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards.
I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high.
What should be the ideal salary expectation for someone with my experience in the current market?
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Bajaj Allianz Life Insurance Territory Manager Salary FAQs
What is the salary of Territory Manager at Bajaj Allianz Life Insurance?
Territory Manager salary at Bajaj Allianz Life Insurance in India ranges between ₹4.0 Lakhs to ₹10.0 Lakhs for experience between 4 years to 23 years. According to our estimates it is 13% less than the average Territory Manager Salary in India. Salary estimates are based on 226 latest salaries received from various employees of Bajaj Allianz Life Insurance India.
How does the salary of a Territory Manager at Bajaj Allianz Life Insurance India compare with the average salary range for this job?
The average salary of a Territory Manager at Bajaj Allianz Life Insurance is 13% less than the average salary of a Territory Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Territory Manager at Bajaj Allianz Life Insurance?
Life Insurance, Agency Sales, Agency Channel, Insurance and Sales are some of the popular skills required to work as a Territory Manager at Bajaj Allianz Life Insurance India.
Which similar companies are paying more than Bajaj Allianz Life Insurance to a Territory Manager in India?
- Kotak Mahindara Life Insurance Territory Manager Salary - ₹15.4 Lakhs to ₹20.0 Lakhs per year
- HDFC Life Territory Manager Salary - ₹10.3 Lakhs to ₹21.0 Lakhs per year
- Max Life Insurance Territory Manager Salary - ₹7.5 Lakhs to ₹19.0 Lakhs per year
- Star Health & Allied Insurance Territory Manager Salary - ₹7.2 Lakhs to ₹17.0 Lakhs per year
- ICICI Lombard General Insurance Company Territory Manager Salary - ₹5.6 Lakhs to ₹14.0 Lakhs per year
What is the salary of a Territory Manager in companies similar to Bajaj Allianz Life Insurance in India?
- Tata AIA Life Insurance Territory Manager Salary - ₹5.2 Lakhs to ₹10.0 Lakhs per year
- Life Insurance Corporation of India Territory Manager Salary - ₹4.0 Lakhs to ₹11.5 Lakhs per year
- PNB MetLife Territory Manager Salary - ₹4.5 Lakhs to ₹10.3 Lakhs per year
- Aviva Life Insurance India Territory Manager Salary - ₹5.4 Lakhs to ₹10.1 Lakhs per year
- HDFC Ergo General Insurance Territory Manager Salary - ₹4.0 Lakhs to ₹8.8 Lakhs per year
What is the estimated take home salary of a Territory Manager at Bajaj Allianz Life Insurance in India?
The estimated take-home salary of a Territory Manager at Bajaj Allianz Life Insurance ranges between ₹49,612 per month to ₹50,784 per month in India. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance Territory Manager salary in India which ranges between ₹4.0 Lakhs to ₹10.0 Lakhs per year for employees with experience between 4 years to 23 years. Check how did we calculate take home salary?
What is the notice period for Territory Manager at Bajaj Allianz Life Insurance?
According to AmbitionBox, 44% of the Bajaj Allianz Life Insurance Territory Managers reported a notice period of 2 Months, 33% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 281 responses on AmbitionBox in last 2 years.
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Bajaj Allianz Life Insurance Territory Manager Salaries by Location
- Bajaj Allianz Life Insurance Territory Manager salaries in Kolkata
- Bajaj Allianz Life Insurance Territory Manager salaries in Mumbai
- Bajaj Allianz Life Insurance Territory Manager salaries in New Delhi
- Bajaj Allianz Life Insurance Territory Manager salaries in Patna
- Bajaj Allianz Life Insurance Territory Manager salaries in Hyderabad / Secunderabad
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Bajaj Allianz Life Insurance Territory Manager salary
in
India
ranges between ₹4
Lakhs to ₹10
Lakhs with an average annual salary of
₹. Salary estimates are based on
226
Bajaj Allianz Life Insurance latest salaries received from various employees of
Bajaj Allianz Life Insurance.