Bajaj Allianz Life Insurance Zonal Manager Salaries by 10+ Employees

14 - 22 years exp.

₹17.4 Lakhs - ₹37 Lakhs

Salary of majority employees

Fixed (100%)

₹27.1 Lakhs

Variable (0%)

₹0.0

76% more than the average Zonal Manager Salary in Insurance Companies for 14 - 22 years of experience

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Salaries in different departments

BFSI, Investments & Trading Zonal Manager Salary 17 - 22 years exp. (8 salaries)	₹17.4 L/yr - ₹35 L/yr
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Sales & Business Development Zonal Manager Salary 14 - 21 years exp. (8 salaries)	₹18.5 L/yr - ₹37 L/yr

Last Updated: 14 Dec 2024

Companies similar to Bajaj Allianz Life Insurance for Zonal Manager

Company name	Avg Annual Salary	Open Jobs
Axis Max Life Insurance Zonal Manager Salary 17 - 23 years exp. (11 salaries)	₹16.1 L/yr - ₹29.2 L/yr 13% less
Shriram Life Insurance Zonal Manager Salary 15 - 26 years exp. (10 salaries)	₹11.1 L/yr - ₹20 L/yr 41% less
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SBI Life Insurance Company Zonal Manager Salary 15 - 23 years exp. (10 salaries)	₹17 L/yr - ₹23 L/yr 29% less
HDFC Life Zonal Manager Salary 10 - 12 years exp. (9 salaries)	₹10 L/yr - ₹22 L/yr 40% less
ICICI Prudential Life Insurance Zonal Manager Salary 4 - 17 years exp. (7 salaries)	₹7 L/yr - ₹22 L/yr 43% less
Aditya Birla Health Insurance Co Zonal Manager Salary 10 - 20 years exp. (7 salaries)	₹13 L/yr - ₹31 L/yr 18% less
Reliance Nippon Life Insurance Zonal Manager Salary 14 - 23 years exp. (5 salaries)	₹18.4 L/yr - ₹37 L/yr 14% more
Tata AIG Zonal Manager Salary 13 - 16 years exp. (5 salaries)	₹13 L/yr - ₹15.4 L/yr 46% less
ICICI Lombard General Insurance Company Zonal Manager Salary 15 - 20 years exp. (4 salaries)	₹21.9 L/yr - ₹24 L/yr 18% less
Aditya Birla Sun Life Insurance Zonal Manager Salary 11 - 18 years exp. (4 salaries)	₹35 L/yr - ₹50 L/yr 51% more
Bajaj Allianz General Insurance Zonal Manager Salary 12 - 19 years exp. (4 salaries)	₹16 L/yr - ₹23 L/yr 37% less
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Star Health & Allied Insurance Zonal Manager Salary 19 - 23 years exp. (4 salaries)	₹24.1 L/yr - ₹39 L/yr 14% more
Niva Bupa Health Insurance Company Zonal Manager Salary 13 - 24 years exp. (4 salaries)	₹5.2 L/yr - ₹31 L/yr 30% less
Tata AIA Life Insurance Zonal Manager Salary 16 - 26 years exp. (3 salaries)	₹29 L/yr - ₹33 L/yr 13% more
Allianz Partners Zonal Manager Salary 11 - 18 years exp. (3 salaries)	₹8.4 L/yr - ₹27.5 L/yr 27% less

Zonal Manager salary at Bajaj Allianz Life Insurance ranges between ₹17.4 Lakhs to ₹37 Lakhs per year for employees with experience between 14 years to 22 years. Salary estimates are based on 16 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Experience wise Bajaj Allianz Life Insurance Zonal Manager salaries

Last Updated: 14 Dec 2024

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹18.5 L/yr - ₹43.3 L/yr
Login to view exact salary
15+ years (15 salaries)	₹17.4 L/yr - ₹37 L/yr

From

Zonal Manager

₹

Lakhs/yr

14 - 22 years exp.

Head Strategic Initiatives

Salary unavailable

Zonal Manager 14 - 22 years exp.

Business Head 10 - 14 years exp.

92% hike

Head Strategic Initiatives

Salary

unavailable

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.

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Salary related reviews for Bajaj Allianz Life Insurance

3.5

Rated by 3 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.

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

Senior Business Development Manager in Soro

Full Time

Sales & Business Development Department

5.0

• posted on 13 Sep 2022

4.0

for Salary and Benefits

Likes

Best product Friendly atmosphere Career growth Highest solvency retio Best claim settlement Best Hr service Etc....

Salary - Good

+6 more

Dislikes

One thing is internal career and salary growth is little bit slow.. If we have potential to prove ourselves in changing our label in our own company. Then stay with us.... Otherwise Employees are trying for other companies only for career and financial growth.

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Bajaj Allianz Life Insurance Zonal Manager Salary FAQs

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

The average salary of a Zonal Manager at Bajaj Allianz Life Insurance in India typically ranges from ₹17.4 Lakhs to ₹37.0 Lakhs per year, depending on experience (from 14 years to 22 years).

The top 10% of Zonal Manager at Bajaj Allianz Life Insurance earn more than ₹35.0 Lakhs per year, and the top 1% earn over ₹37.0 Lakhs per year. Zonal 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 10+ Bajaj Allianz Life Insurance employees in India.

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

The estimated take-home salary of a Zonal Manager at Bajaj Allianz Life Insurance in India typically ranges from ₹1,69,510 to ₹1,76,037 per month. This is based on the average salary range of ₹17.4 Lakhs to ₹37.0 Lakhs per year for employees with experience ranging from 14 years to 22 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 10+ salaries received from various employees of Bajaj Allianz Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

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

Aditya Birla Sun Life Insurance	₹35.0 Lakhs to ₹50.0 Lakhs per year
Reliance Nippon Life Insurance	₹18.4 Lakhs to ₹37.0 Lakhs per year
Star Health & Allied Insurance	₹24.1 Lakhs to ₹39.0 Lakhs per year
Tata AIA Life Insurance	₹29.0 Lakhs to ₹33.0 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 Zonal Manager in companies similar to Bajaj Allianz Life Insurance in India?

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

Axis Max Life Insurance	₹16.1 Lakhs to ₹29.2 Lakhs per year
ICICI Lombard General Insurance Company	₹21.9 Lakhs to ₹24.0 Lakhs per year
Aditya Birla Health Insurance Co	₹13.0 Lakhs to ₹31.0 Lakhs per year
Allianz Partners	₹8.4 Lakhs to ₹27.5 Lakhs per year
SBI Life Insurance Company	₹17.0 Lakhs to ₹23.0 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 Zonal Manager at Bajaj Allianz Life Insurance in India?

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

Experience	Average Salary Range
14 years	₹18.5 Lakhs to ₹43.3 Lakhs per year
15 years	₹17.4 Lakhs to ₹37.0 Lakhs per year

and so on.

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Bajaj Allianz Life Insurance Zonal Manager Salaries by Location

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Bajaj Allianz Life Insurance Zonal Manager Salaries

Bajaj Allianz Life Insurance Zonal Manager salary in India ranges between ₹17.4 Lakhs to ₹37 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.

Bajaj Allianz Life Insurance Zonal Manager salaries in India

Companies similar to Bajaj Allianz Life Insurance for Zonal Manager

Latest annual salaries shared by Bajaj Allianz Life Insurance Zonal Manager

Experience wise Bajaj Allianz Life Insurance Zonal Manager salaries

Similar Designation salaries in Bajaj Allianz Life Insurance

Salary related reviews for Bajaj Allianz Life Insurance

Cluster Manager in Kolkata

Sales Manager in New Delhi

Business Development Manager in Bokaro

Business Development Manager in Narnaul

Senior Business Development Manager in Soro

Bajaj Allianz Life Insurance Zonal Manager Salary FAQs

Tell us how to improve this page.

Bajaj Allianz Life Insurance Zonal Manager Salaries by Location