Bajaj Allianz Insurance Manager Salaries by 4 Employees (Updated 2025)

1 - 10 years exp.

₹2.4 Lakhs - ₹6 Lakhs

Salary of majority employees

At par with the average Insurance Manager Salary for 1 - 10 years of experience

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Salaries in different departments

Customer Success, Service & Operations Insurance Manager Salary 7 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr
Human Resources Insurance Manager Salary 1 year exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr
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Sales & Business Development Insurance Manager Salary 10 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.6 L/yr

Last Updated: 6 Feb 2025

Companies similar to Bajaj Allianz for Insurance Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Insurance Manager Salary 3 - 13 years exp. (14 salaries)	₹2.4 L/yr - ₹8 L/yr 5% more
HDFC Ergo General Insurance Insurance Manager Salary 5 - 11 years exp. (8 salaries)	₹4 L/yr - ₹9.4 L/yr 45% more
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Reliance General Insurance Insurance Manager Salary 0 - 17 years exp. (6 salaries)	₹3 L/yr - ₹5.1 L/yr 4% more
Tata AIG Insurance Manager Salary 3 - 14 years exp. (8 salaries)	₹2.7 L/yr - ₹6.1 L/yr 9% more
SBI General Insurance Insurance Manager Salary 0 - 16 years exp. (7 salaries)	₹2.4 L/yr - ₹7.5 L/yr 13% more
The New India Assurance Co. Insurance Manager Salary 3 - 7 years exp. (3 salaries)	₹1.2 L/yr - ₹15 L/yr 59% more
HDFC Life Insurance Manager Salary 1 - 6 years exp. (53 salaries)	₹2.5 L/yr - ₹6 L/yr 8% less
ICICI Prudential Life Insurance Insurance Manager Salary 2 - 11 years exp. (21 salaries)	₹2.8 L/yr - ₹5.3 L/yr 11% less
HDFC Bank Insurance Manager Salary 0 - 4 years exp. (5 salaries)	₹1.5 L/yr - ₹7.2 L/yr 58% more
ICICI Bank Insurance Manager Salary 1 - 6 years exp. (4 salaries)	₹3 L/yr - ₹8.8 L/yr 38% more
Genpact Insurance Manager Salary 8 - 12 years exp. (4 salaries)	₹12 L/yr - ₹23 L/yr 260% more
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TCS Insurance Manager Salary 2 - 10 years exp. (3 salaries)	₹4 L/yr - ₹5 L/yr 6% more

Insurance Manager salary at Bajaj Allianz ranges between ₹2.4 Lakhs to ₹6 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Allianz.

Experience wise Bajaj Allianz Insurance Manager salaries

Last Updated: 6 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
7 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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10 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr

Similar Designation salaries in Bajaj Allianz

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₹7.15 L/yr - ₹13 L/yr

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₹4 L/yr - ₹8.7 L/yr

Branch Sales Manager Salary

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₹3.5 L/yr - ₹6.5 L/yr

Assistant Sales Manager Salary

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₹4.4 L/yr - ₹6 L/yr

Relationship Manager Salary

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Salary related reviews for Bajaj Allianz

2.1

Rated by 2 employees for salary & benefits

Sales Manager

Marketing & Communication Department

1.0

• posted on 10 Apr 2019

3.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high- quality products and has a global client base.

Dislikes

compensation is decent, but growth is slow. the work pressure is very high. sometimes, i have to work 14-16 hours straight in a day as i have to attend client calls in the evening and sometimes late into the night. managers do not value an individual's unique strengths.

Job security - Bad

+1 more

Software Developer in Pune

Full Time

Engineering - Software & QA Department

3.0

• posted on 13 Oct 2023

4.0

for Salary and Benefits

Likes

Good salary benefits and good place to improve your working skilss

Salary - Good

+1 more

Dislikes

Worst work management and no work life balance. Over stressed work environment.. It is not just Limited to junior or assistant Manager.. it is applicable to everyone. Work stress is really heigh

Skill development - Poor

+1 more

CSR In Bajaj Allianz Life Insurence Company. Depertment-Operation in Kolkata

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 28 Jul 2024

1.0

for Salary and Benefits

Likes

Work culture is very bad and doesn't match the salary criteria what assured at the time of interview

Dislikes

I was here but their work culture is very bad and not honest..salary does not match what assure ar the time of interview.

Salary - Bad

+6 more

Sbsm in Lucknow

Sales & Business Development Department

4.0

• posted on 04 Aug 2022

3.0

for Salary and Benefits

Likes

Job security as bond of understanding from both side company and employees.

Skill development - Good

+4 more

Dislikes

Don't give the wintage for 3-5years old employees who is working there like in hike salary and other facilities and reverse if employee did not meet 3month MTD target continuous than he came in act . Than employee feel unsecure job.

Sales Manager 1 in Davanagere

Finance & Accounting Department

5.0

• posted on 29 Jun 2022

5.0

for Salary and Benefits

Likes

Bajaj Allianz is very good culture and job security is very good than This company is given very high compensation and give lots of opportunities.. very helps to Bajaj Employees.. Thankyou Bajaj Allianz for learning,Skills, and Everything

Salary - Excellent

+6 more

Dislikes

No dislikes

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Salary Negotiation in an interview

Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.

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Bajaj Allianz Insurance Manager Salary FAQs

What is the salary of Insurance Manager at Bajaj Allianz?

Insurance Manager salary at Bajaj Allianz in India ranges between ₹2.4 Lakhs to ₹6.0 Lakhs for experience between 1 years to 10 years. According to our estimates it is 2% more than the average Insurance Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Allianz India.

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

The average salary of a Insurance Manager at Bajaj Allianz is 2% more than the average salary of a Insurance Manager in India. To know exact salary insights, login to view.

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

Genpact Insurance Manager Salary - ₹12.0 Lakhs to ₹23.0 Lakhs per year
The New India Assurance Co. Insurance Manager Salary - ₹1.2 Lakhs to ₹15.0 Lakhs per year
HDFC Bank Insurance Manager Salary - ₹1.5 Lakhs to ₹7.2 Lakhs per year
HDFC Ergo General Insurance Insurance Manager Salary - ₹4.0 Lakhs to ₹9.4 Lakhs per year
ICICI Bank Insurance Manager Salary - ₹3.0 Lakhs to ₹8.8 Lakhs per year

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

SBI General Insurance Insurance Manager Salary - ₹2.4 Lakhs to ₹7.5 Lakhs per year
Tata AIG Insurance Manager Salary - ₹2.7 Lakhs to ₹6.1 Lakhs per year
TCS Insurance Manager Salary - ₹4.0 Lakhs to ₹5.0 Lakhs per year
ICICI Lombard General Insurance Company Insurance Manager Salary - ₹2.4 Lakhs to ₹8.0 Lakhs per year
Reliance General Insurance Insurance Manager Salary - ₹3.0 Lakhs to ₹5.1 Lakhs per year

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

The estimated take-home salary of a Insurance Manager at Bajaj Allianz ranges between ₹30,334 per month to ₹31,643 per month in India. The take-home salary calculation is based on the average Bajaj Allianz Insurance Manager salary in India which ranges between ₹2.4 Lakhs to ₹6.0 Lakhs per year for employees with experience between 1 years to 10 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Bajaj Allianz Insurance Managers reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Bajaj Allianz Insurance Manager Salaries

Bajaj Allianz Insurance Manager salary in India ranges between ₹2.4 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bajaj Allianz latest salaries received from various employees of Bajaj Allianz.