Bajaj Allianz Life Insurance Territory Sales Manager Salaries by 9 Employees (Updated 2025)

5 - 15 years exp.

₹4.9 Lakhs - ₹9.1 Lakhs

Low Confidence

Salary of majority employees

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12% less than the average Territory Sales Manager Salary in Insurance Companies for 5 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading Territory Sales Manager Salary 8 - 15 years exp. (4 salaries)	Unlock ₹6 L/yr - ₹9.1 L/yr
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Sales & Business Development Territory Sales Manager Salary 9 - 10 years exp. (AmbitionBox Estimate)	Unlock ₹4.9 L/yr - ₹7.2 L/yr

Last Updated: 22 Feb 2025

Companies similar to Bajaj Allianz Life Insurance for Territory Sales Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Territory Sales Manager Salary 3 - 10 years exp. (4 salaries)	Unlock ₹5 L/yr - ₹10.9 L/yr 5% less
HDFC Life Territory Sales Manager Salary 2 - 21 years exp. (16 salaries)	Unlock ₹3.9 L/yr - ₹16 L/yr 48% more
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SBI Life Insurance Company Territory Sales Manager Salary 5 - 16 years exp. (11 salaries)	Unlock ₹4.9 L/yr - ₹6 L/yr 19% less
Kotak Mahindara Life Insurance Territory Sales Manager Salary 6 - 20 years exp. (4 salaries)	Unlock ₹4.8 L/yr - ₹18 L/yr 25% more
Reliance Nippon Life Insurance Territory Sales Manager Salary 12 - 16 years exp. (4 salaries)	Unlock ₹6.5 L/yr - ₹7.3 L/yr 7% more
Tata AIA Life Insurance Territory Sales Manager Salary 5 - 12 years exp. (205 salaries)	Unlock ₹3.8 L/yr - ₹11 L/yr 19% more	27 job openings
Aditya Birla Sun Life Insurance Territory Sales Manager Salary 5 - 7 years exp. (4 salaries)	Unlock ₹7 L/yr - ₹10 L/yr 21% more
PNB MetLife Territory Sales Manager Salary 4 - 12 years exp. (213 salaries)	Unlock ₹3.7 L/yr - ₹7.5 L/yr 17% less
Bajaj Allianz General Insurance Territory Sales Manager Salary 2 - 13 years exp. (34 salaries)	Unlock ₹2.6 L/yr - ₹6.5 L/yr 29% less
HDFC Ergo General Insurance Territory Sales Manager Salary 1 - 16 years exp. (17 salaries)	Unlock ₹4 L/yr - ₹7.2 L/yr 19% less
ICICI Lombard General Insurance Company Territory Sales Manager Salary 0 - 10 years exp. (21 salaries)	Unlock ₹4.5 L/yr - ₹13 L/yr 12% more
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Tata AIG Territory Sales Manager Salary 4 - 10 years exp. (5 salaries)	Unlock ₹3.8 L/yr - ₹8.2 L/yr 2% more
Aditya Birla Health Insurance Co Territory Sales Manager Salary 9 - 13 years exp. (5 salaries)	Unlock ₹9.3 L/yr - ₹12.5 L/yr 73% more
Niva Bupa Health Insurance Company Territory Sales Manager Salary 0 - 10 years exp. (4 salaries)	Unlock ₹7.5 L/yr - ₹10 L/yr 29% more
Star Health & Allied Insurance Territory Sales Manager Salary 7 - 17 years exp. (3 salaries)	Unlock ₹9 L/yr - ₹13.8 L/yr 107% more

Territory Sales Manager salary at Bajaj Allianz Life Insurance ranges between ₹4.9 Lakhs to ₹9.1 Lakhs per year for employees with experience between 5 years to 15 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 Sales Manager

3d ago

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5 years exp.

1w ago

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10 years exp.

2w ago

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9 years exp.

2mo ago

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15 years exp.

4mo ago

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13 years exp.

5mo ago

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9 years exp.

5mo ago

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8 years exp.

6mo ago

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15 years exp.

1y ago

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10 years exp.

Experience wise Bajaj Allianz Life Insurance Territory Sales Manager salaries

Last Updated: 22 Feb 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	Unlock ₹2.5 L/yr - ₹7 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹5.6 L/yr - ₹7.2 L/yr
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7 years (AmbitionBox Estimate)	Unlock ₹5.7 L/yr - ₹7.3 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹2.6 L/yr - ₹9.1 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹4.9 L/yr - ₹9.1 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹5 L/yr - ₹11.9 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹6.1 L/yr - ₹7.7 L/yr
12 years (AmbitionBox Estimate)	Unlock ₹6.1 L/yr - ₹7.8 L/yr
13 years (AmbitionBox Estimate)	Unlock ₹6 L/yr - ₹12.4 L/yr
14 years (AmbitionBox Estimate)	Unlock ₹6.3 L/yr - ₹8 L/yr
15+ years (AmbitionBox Estimate)	Unlock ₹6 L/yr - ₹9 L/yr

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Similar Designation salaries in Bajaj Allianz Life Insurance

Senior Sales Manager Salary

(158 salaries)

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₹2.4 L/yr - ₹4.5 L/yr

Territory Business Manager Salary

(4 salaries)

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₹5 L/yr - ₹6 L/yr

Territory Manager Salary

(237 salaries)

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₹3.65 L/yr - ₹8.5 L/yr

Senior Territory Sales Manager Salary

(4 salaries)

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₹6.5 L/yr - ₹9 L/yr

Assistant Sales Manager Salary

(21 salaries)

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₹1.8 L/yr - ₹3.5 L/yr

Area Sales Manager Salary

(25 salaries)

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₹3.45 L/yr - ₹13.56 L/yr

Territory Sales Executive Salary

(AmbitionBox Estimate)

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₹3.1 L/yr - ₹3.9 L/yr

Channel Sales Manager Salary

(5 salaries)

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₹2.7 L/yr - ₹7 L/yr

Senior Sales Officer Salary

(6 salaries)

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₹2.66 L/yr - ₹4 L/yr

Sales Manager Salary

(207 salaries)

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₹1.55 L/yr - ₹7 L/yr

Top skills at Bajaj Allianz Life Insurance for Territory Sales Manager

B2B MR bfsi Life Insurance Field Work Salesforce Pharma Selling broking Telecom DSA Sales Development agency B2C Direct Sales direct

Salary related reviews for Bajaj Allianz Life Insurance

4.0

Rated by 5 employees for salary & benefits

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

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

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Bajaj Allianz Life Insurance Territory Sales Manager Salary FAQs

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

Territory Sales Manager salary at Bajaj Allianz Life Insurance in India ranges between ₹4.9 Lakhs to ₹9.1 Lakhs for experience between 5 years to 15 years. According to our estimates it is 12% less than the average Territory Sales Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Bajaj Allianz Life Insurance India.

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

The average salary of a Territory Sales Manager at Bajaj Allianz Life Insurance is 12% less than the average salary of a Territory Sales Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Territory Sales Manager at Bajaj Allianz Life Insurance?

B2B, MR, bfsi, Life Insurance and Field Work are some of the popular skills required to work as a Territory Sales Manager at Bajaj Allianz Life Insurance India.

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

Star Health & Allied Insurance Territory Sales Manager Salary - ₹9.0 Lakhs to ₹13.8 Lakhs per year
Aditya Birla Health Insurance Co Territory Sales Manager Salary - ₹9.3 Lakhs to ₹12.5 Lakhs per year
HDFC Life Territory Sales Manager Salary - ₹3.9 Lakhs to ₹16.0 Lakhs per year
Niva Bupa Health Insurance Company Territory Sales Manager Salary - ₹7.5 Lakhs to ₹10.0 Lakhs per year
Kotak Mahindara Life Insurance Territory Sales Manager Salary - ₹4.8 Lakhs to ₹18.0 Lakhs per year

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

Aditya Birla Sun Life Insurance Territory Sales Manager Salary - ₹7.0 Lakhs to ₹10.0 Lakhs per year
Tata AIA Life Insurance Territory Sales Manager Salary - ₹3.8 Lakhs to ₹11.0 Lakhs per year
ICICI Lombard General Insurance Company Territory Sales Manager Salary - ₹4.5 Lakhs to ₹13.0 Lakhs per year
Reliance Nippon Life Insurance Territory Sales Manager Salary - ₹6.5 Lakhs to ₹7.3 Lakhs per year
Tata AIG Territory Sales Manager Salary - ₹3.8 Lakhs to ₹8.2 Lakhs per year

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

The estimated take-home salary of a Territory Sales Manager at Bajaj Allianz Life Insurance ranges between ₹50,685 per month to ₹51,881 per month in India. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance Territory Sales Manager salary in India which ranges between ₹4.9 Lakhs to ₹9.1 Lakhs per year for employees with experience between 5 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Territory Sales Manager at Bajaj Allianz Life Insurance?

According to AmbitionBox, 36% of the Bajaj Allianz Life Insurance Territory Sales Managers reported a notice period of 1 Month, 28% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 22 responses on AmbitionBox in last 2 years.

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Bajaj Allianz Life Insurance Territory Sales Manager Salaries by Location

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Bajaj Allianz Life Insurance Territory Sales Manager Salaries

Bajaj Allianz Life Insurance Territory Sales Manager salary in India ranges between ₹4.9 Lakhs to ₹9.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.

Bajaj Allianz Life Insurance Territory Sales Manager salaries in India (Updated 2025)

Companies similar to Bajaj Allianz Life Insurance for Territory Sales Manager

Latest annual salaries shared by Bajaj Allianz Life Insurance Territory Sales Manager

Experience wise Bajaj Allianz Life Insurance Territory Sales Manager salaries

Similar Designation salaries in Bajaj Allianz Life Insurance

Top skills at Bajaj Allianz Life Insurance for Territory Sales Manager

Salary related reviews for Bajaj Allianz Life Insurance

Cluster Manager in Kolkata

Relationship Manager in Bangalore / Bengaluru

Sales Manager in New Delhi

Business Development Manager in Bokaro

Business Development Manager in Narnaul

Bajaj Allianz Life Insurance Territory Sales Manager Salary FAQs

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Bajaj Allianz Life Insurance Territory Sales Manager Salaries by Location