Bajaj Allianz Life Insurance Hubli Territory Manager Salaries by 5 Employees

4 - 8 years exp.

₹4.5 Lakhs - ₹7 Lakhs

Avg. annual salary

Monthly In-hand Salary

22% less than the average Territory Manager Salary in Insurance Companies for 4 - 8 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

BFSI, Investments & Trading Territory Manager Salary 4 - 8 years exp. (4 salaries)	₹4.5 L/yr - ₹7 L/yr
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Sales & Business Development Territory Manager Salary 6 years exp. (AmbitionBox Estimate)	₹5.7 L/yr - ₹6.7 L/yr

Last Updated: 15 Mar 2023

Companies similar to Bajaj Allianz Life Insurance for Territory Manager in Hubli

Bajaj Allianz Life Insurance Territory Manager Salary

4 - 8 years exp. (5 salaries)

₹4.5 L/yr - ₹7 L/yr

Company name	Avg Annual Salary	Open Jobs
Reliance Nippon Life Insurance Territory Manager Salary 9 - 15 years exp. (3 salaries)	₹5 L/yr - ₹9.1 L/yr 8% more
Greenlam Industries Territory Manager Salary 1 - 7 years exp. (4 salaries)	₹5 L/yr - ₹6.3 L/yr 7% less
Login to view exact salary
Petronas Lubricants Territory Manager Salary 7 - 8 years exp. (4 salaries)	₹9 L/yr - ₹9.7 L/yr 47% more	1 job opening
Aegis Gas (LPG) Territory Manager Salary 6 - 13 years exp. (4 salaries)	₹5 L/yr - ₹6 L/yr 15% less
TVS Motor Territory Manager Salary 3 - 11 years exp. (4 salaries)	₹8.5 L/yr - ₹16.6 L/yr 125% more

Territory Manager salary at Bajaj Allianz Life Insurance ranges between ₹4.5 Lakhs to ₹7 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Experience wise Bajaj Allianz Life Insurance Territory Manager salaries in Hubli

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
5 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
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6 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
7 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
8 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr

From

Territory Manager

₹

Lakhs/yr

4 - 23 years exp.

Associate Vice President

₹

Lakhs/yr

10 - 23 years exp.

Territory Manager

4 - 23 years exp.

Manager

3 - 18 years exp.

98% hike

Senior Manager

3 - 18 years exp.

6% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

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

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

Sales Manager in New Delhi

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.

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

Salary - Bad

+6 more

Business Development Manager in Bokaro

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.

Business Development Manager in Narnaul

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.

Skill development - Bad

+4 more

Sales Officer in New Delhi

Other Department

5.0

• posted on 05 May 2022

5.0

for Salary and Benefits

Likes

... period. Seniors are very supportive and give proper guidance at any situations. Salary on time.

Salary - Excellent

+6 more

Dislikes

There is no dislike for me about this company

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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Bajaj Allianz Life Insurance Territory Manager Salary FAQs

What is the salary of Territory Manager at Bajaj Allianz Life Insurance in Hubli?

The average salary of a Territory Manager at Bajaj Allianz Life Insurance in Hubli typically ranges from ₹4.5 Lakhs to ₹7.0 Lakhs per year, depending on experience (from 4 years to 8 years).

The top 10% of Territory Manager in Hubli at Bajaj Allianz Life Insurance earn more than ₹7.0 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Territory Manager Salaries at Bajaj Allianz Life Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 Bajaj Allianz Life Insurance employees in India.

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

The estimated take-home salary of a Territory Manager at Bajaj Allianz Life Insurance in Hubli typically ranges from ₹49,233 to ₹50,396 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from 4 years to 8 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Bajaj Allianz Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Territory Manager at Bajaj Allianz Life Insurance in Hubli?

To be a Territory Manager at Bajaj Allianz Life Insurance in Hubli, the key skills required include:

- Life Insurance
- Agency Sales
- Agency Channel
- Insurance
- Sales

These skills are highly valued at Bajaj Allianz Life Insurance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Bajaj Allianz Life Insurance for Territory Manager in India?

TVS Motor	₹8.5 Lakhs to ₹16.6 Lakhs per year
Petronas Lubricants	₹9.0 Lakhs to ₹9.7 Lakhs per year
Reliance Nippon Life Insurance	₹5.0 Lakhs to ₹9.1 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bajaj Allianz Life Insurance, depending on the role and experience level.

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

The salary of a Territory Manager at companies similar to Bajaj Allianz Life Insurance in Hubli varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Greenlam Industries	₹5.0 Lakhs to ₹6.3 Lakhs per year
Aegis Gas (LPG)	₹5.0 Lakhs to ₹6.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Territory Manager at Bajaj Allianz Life Insurance in Hubli?

The salary growth for a Territory Manager at Bajaj Allianz Life Insurance in Hubli depends on factors such as experience, performance, and promotions. On average, a Territory Manager in Hubli can expect the following growth trajectory at Bajaj Allianz Life Insurance:

Experience	Average Salary Range
4 years	₹5.7 Lakhs to ₹7.3 Lakhs per year
5 years	₹5.7 Lakhs to ₹7.3 Lakhs per year
6 years	₹5.7 Lakhs to ₹7.3 Lakhs per year
7 years	₹5.7 Lakhs to ₹7.3 Lakhs per year

and so on.

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Bajaj Allianz Life Insurance Territory Manager Salaries in Hubli

Bajaj Allianz Life Insurance Territory Manager salary in Hubli ranges between ₹4.5 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.