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4.0

based on 4.5k Reviews

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Bajaj Allianz Life Insurance Territory Manager salaries in Nagpur

Annual salary range
5 - 13 years exp.
₹4.2 Lakhs - ₹8.1 Lakhs
Salary of majority employees
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21% less than the average Territory Manager Salary in Insurance Companies for 5 - 13 years of experience

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Salaries in different departments

Sales & Business Development
Territory Manager Salary
5 - 11 years exp. (5 salaries)
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₹5 L/yr - ₹8.1 L/yr

BFSI, Investments & Trading
Territory Manager Salary
6 - 13 years exp. (4 salaries)
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₹4.2 L/yr - ₹8 L/yr

Last Updated: 25 Oct 2024

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

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Bajaj Allianz Life Insurance Territory Manager Salary

5 - 13 years exp. (9 salaries)

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₹4.2 L/yr - ₹8.1 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹7.5 L/yr - ₹9.3 L/yr

arrow icon 36% more
3 job openings
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₹6 L/yr - ₹7.3 L/yr

arrow icon 12% more
3 job openings
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IDFC FIRST Bank Territory Manager Salary

1 - 12 years exp. (26 salaries)

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₹4.1 L/yr - ₹10.9 L/yr

arrow icon 34% more
4 job openings
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₹2.7 L/yr - ₹7.7 L/yr

arrow icon 15% less
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Hero MotoCorp Territory Manager Salary

1 - 8 years exp. (13 salaries)

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₹7.6 L/yr - ₹17.5 L/yr

arrow icon 108% more
Territory Manager salary at Bajaj Allianz Life Insurance ranges between ₹4.2 Lakhs to ₹8.1 Lakhs per year for employees with experience between 5 years to 13 years. Salary estimates are based on 9 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Latest annual salaries shared by Bajaj Allianz Life Insurance Territory Manager in Nagpur

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11 years exp.
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11 years exp.
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5 years exp.
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13 years exp.
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10 years exp.
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10 years exp.
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6 years exp.

Experience wise Bajaj Allianz Life Insurance Territory Manager salaries in Nagpur

Last Updated: 25 Oct 2024

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹7 L/yr
6 years (AmbitionBox Estimate)

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₹4.2 L/yr - ₹11 L/yr
7 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹11 L/yr
8 years (AmbitionBox Estimate)

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₹5.5 L/yr - ₹7.1 L/yr
9 years (AmbitionBox Estimate)

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₹5.6 L/yr - ₹7.1 L/yr
View all

Similar Designation salaries in Bajaj Allianz Life Insurance

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₹7 L/yr - ₹8.5 L/yr

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

4.6

Rated by 3 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.

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Full Time

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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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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

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.

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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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.

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Dislikes

There is no dislike for me about this company

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Bajaj Allianz Life Insurance Territory Manager Salary FAQs

What is the salary of Territory Manager at Bajaj Allianz Life Insurance Nagpur?
Territory Manager salary at Bajaj Allianz Life Insurance in Nagpur ranges between ₹4.2 Lakhs to ₹8.1 Lakhs for experience between 5 years to 13 years. According to our estimates it is 21% less than the average Territory Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Bajaj Allianz Life Insurance Nagpur.
How does the salary of a Territory Manager at Bajaj Allianz Life Insurance Nagpur compare with the average salary range for this job?
The average salary of a Territory Manager at Bajaj Allianz Life Insurance is 21% less than the average salary of a Territory Manager in Nagpur. 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 Nagpur.
Which similar companies are paying more than Bajaj Allianz Life Insurance to a Territory Manager in Nagpur?
  • Hero MotoCorp Territory Manager Salary - ₹7.6 Lakhs to ₹17.5 Lakhs per year
  • Tata AIA Life Insurance Territory Manager Salary - ₹7.5 Lakhs to ₹9.3 Lakhs per year
  • IDFC FIRST Bank Territory Manager Salary - ₹4.1 Lakhs to ₹10.9 Lakhs per year
  • Aviva Life Insurance India Territory Manager Salary - ₹6.0 Lakhs to ₹7.3 Lakhs per year
What is the salary of a Territory Manager in companies similar to Bajaj Allianz Life Insurance in Nagpur?
  • Bajaj Allianz General Insurance Territory Manager Salary - ₹2.7 Lakhs to ₹7.7 Lakhs per year
What is the estimated take home salary of a Territory Manager at Bajaj Allianz Life Insurance in Nagpur?
The estimated take-home salary of a Territory Manager at Bajaj Allianz Life Insurance ranges between ₹47,117 per month to ₹48,232 per month in Nagpur. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance Territory Manager salary in India which ranges between ₹4.2 Lakhs to ₹8.1 Lakhs per year for employees with experience between 5 years to 13 years. Check how did we calculate take home salary?
What is the notice period for Territory Manager at Bajaj Allianz Life Insurance in Nagpur?
According to AmbitionBox, 67% of the Bajaj Allianz Life Insurance Territory Managers in Nagpur reported a notice period of 2 Months, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Bajaj Allianz Life Insurance Territory Manager salary in Nagpur ranges between ₹4.2 Lakhs to ₹8.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.