Bajaj Allianz Territory Manager Salaries by 10+ Employees (Updated 2025)

3 - 11 years exp.

₹4 Lakhs - ₹8.7 Lakhs

Salary of majority employees

25% less than the average Territory Manager Salary for 3 - 11 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading Territory Manager Salary 8 - 11 years exp. (6 salaries)	₹4.2 L/yr - ₹8.7 L/yr
Marketing & Communication Territory Manager Salary 8 years exp. (AmbitionBox Estimate)	₹5.1 L/yr - ₹5.2 L/yr
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Sales & Business Development Territory Manager Salary 10 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹4.9 L/yr

Last Updated: 2 Mar 2025

Companies similar to Bajaj Allianz for Territory Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Territory Manager Salary 1 - 15 years exp. (42 salaries)	₹5.6 L/yr - ₹14 L/yr 62% more
HDFC Ergo General Insurance Territory Manager Salary 5 - 18 years exp. (18 salaries)	₹4 L/yr - ₹10 L/yr 25% more
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Reliance General Insurance Territory Manager Salary 8 - 20 years exp. (40 salaries)	₹6.5 L/yr - ₹13 L/yr 79% more
Tata AIG Territory Manager Salary 3 - 8 years exp. (4 salaries)	₹4.5 L/yr - ₹5.3 L/yr 11% less
SBI General Insurance Territory Manager Salary 16 - 20 years exp. (4 salaries)	₹5.2 L/yr - ₹9.3 L/yr 11% more
LIC Housing Finance Territory Manager Salary 7 - 10 years exp. (6 salaries)	₹5.6 L/yr - ₹9.5 L/yr 48% more	1 job opening
HDFC Life Territory Manager Salary 9 - 20 years exp. (150 salaries)	₹11.3 L/yr - ₹21 L/yr 163% more
ICICI Prudential Life Insurance Territory Manager Salary 7 - 9 years exp. (4 salaries)	₹5.5 L/yr - ₹6.2 L/yr 4% more
HDFC Bank Territory Manager Salary 2 - 14 years exp. (18 salaries)	₹10.4 L/yr - ₹19.2 L/yr 106% more
Amazon Territory Manager Salary 5 - 20 years exp. (8 salaries)	₹23 L/yr - ₹40 L/yr 507% more
ICICI Bank Territory Manager Salary 4 - 15 years exp. (5 salaries)	₹4.1 L/yr - ₹9.5 L/yr 24% more
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IBM Territory Manager Salary 1 - 16 years exp. (4 salaries)	₹9.5 L/yr - ₹60 L/yr 342% more
HCLTech Territory Manager Salary 6 - 21 years exp. (4 salaries)	₹3.7 L/yr - ₹7.3 L/yr 6% less

Territory Manager salary at Bajaj Allianz ranges between ₹4 Lakhs to ₹8.7 Lakhs per year for employees with experience between 3 years to 11 years. Salary estimates are based on 13 latest salaries received from various employees of Bajaj Allianz.

Experience wise Bajaj Allianz Territory Manager salaries

Last Updated: 2 Mar 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4 L/yr - ₹10.2 L/yr
4 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
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5 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
6 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
7 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6 L/yr
8 years (3 salaries)	₹4.2 L/yr - ₹10.1 L/yr
9 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹10 L/yr
10 years (4 salaries)	₹4 L/yr - ₹7.1 L/yr
11 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹8.7 L/yr

View all

Similar Designation salaries in Bajaj Allianz

Territory Sales Manager Salary

(4 salaries)

₹4 L/yr - ₹5 L/yr

Deputy Manager Salary

(27 salaries)

₹7 L/yr - ₹17 L/yr

Senior Territory Manager Salary

(AmbitionBox Estimate)

₹7 L/yr - ₹9 L/yr

Area Manager Salary

(4 salaries)

₹5.1 L/yr - ₹13.5 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Sales Manager Salary

(47 salaries)

₹1.7 L/yr - ₹6.5 L/yr

Senior Sales Manager Salary

(23 salaries)

₹2 L/yr - ₹5.4 L/yr

Relationship Manager Salary

(105 salaries)

₹2 L/yr - ₹5 L/yr

Team Lead Salary

(7 salaries)

₹2 L/yr - ₹6.17 L/yr

Assistant Sales Manager Salary

(4 salaries)

₹4.4 L/yr - ₹6 L/yr

Top skills at Bajaj Allianz for Territory Manager

Life Insurance Tied Channel Agency Sales Agency Channel Communication Skills agency development Agent Recruitment channel partner development Partner Development

Salary related reviews for Bajaj Allianz

1.5

Rated by 3 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

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Bajaj Allianz Territory Manager Salary FAQs

What is the salary of Territory Manager at Bajaj Allianz ?

The average salary of a Territory Manager at Bajaj Allianz in India typically ranges from ₹4.0 Lakhs to ₹8.7 Lakhs per year, depending on experience (from 3 years to 11 years).

The top 10% of Territory Manager at Bajaj Allianz earn more than ₹8.1 Lakhs per year, and the top 1% earn over ₹8.7 Lakhs per year. Territory Manager Salaries at Bajaj Allianz 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 employees in India.

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

The estimated take-home salary of a Territory Manager at Bajaj Allianz in India typically ranges from ₹42,390 to ₹43,519 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹8.7 Lakhs per year for employees with experience ranging from 3 years to 11 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. 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 ?

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

- Life Insurance
- Tied Channel
- Agency Sales
- Agency Channel
- Communication Skills

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

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

Amazon	₹23.0 Lakhs to ₹40.0 Lakhs per year
IBM	₹9.5 Lakhs to ₹60.0 Lakhs per year
HDFC Life	₹11.3 Lakhs to ₹21.0 Lakhs per year
HDFC Bank	₹10.4 Lakhs to ₹19.2 Lakhs per year
Reliance General Insurance	₹6.5 Lakhs to ₹13.0 Lakhs per year

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

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

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

ICICI Lombard General Insurance Company	₹5.6 Lakhs to ₹14.0 Lakhs per year
LIC Housing Finance	₹5.6 Lakhs to ₹9.5 Lakhs per year
HDFC Ergo General Insurance	₹4.0 Lakhs to ₹10.0 Lakhs per year
ICICI Bank	₹4.1 Lakhs to ₹9.5 Lakhs per year
SBI General Insurance	₹5.2 Lakhs to ₹9.3 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 in India?

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

Experience	Average Salary Range
3 years	₹4.0 Lakhs to ₹10.2 Lakhs per year
4 years	₹5.1 Lakhs to ₹6.5 Lakhs per year
5 years	₹5.1 Lakhs to ₹6.5 Lakhs per year
6 years	₹5.1 Lakhs to ₹6.5 Lakhs per year

and so on.

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Bajaj Allianz Territory Manager Salaries

Bajaj Allianz Territory Manager salary in India ranges between ₹4 Lakhs to ₹8.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 Bajaj Allianz latest salaries received from various employees of Bajaj Allianz.