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

5 - 8 years exp.

₹2.5 Lakhs - ₹4.5 Lakhs

Low Confidence

Salary of majority employees

17% less than the average Insurance Manager Salary in Insurance Companies for 5 - 8 years of experience

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Last Updated: 16 Jan 2025

Companies similar to Bajaj Capital Insurance for Insurance Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Insurance Manager Salary 2 - 11 years exp. (21 salaries)	₹2.8 L/yr - ₹5.3 L/yr 8% more
HDFC Life Insurance Manager Salary 1 - 6 years exp. (51 salaries)	₹2.5 L/yr - ₹6 L/yr 10% more
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SBI Life Insurance Company Insurance Manager Salary 3 - 12 years exp. (14 salaries)	₹2.5 L/yr - ₹5 L/yr 12% more
Reliance Nippon Life Insurance Insurance Manager Salary 1 - 11 years exp. (26 salaries)	₹1.8 L/yr - ₹5 L/yr 5% more
Max Life Insurance Insurance Manager Salary 1 - 8 years exp. (23 salaries)	₹2.3 L/yr - ₹4.7 L/yr 13% more
Kotak Mahindara Life Insurance Insurance Manager Salary 1 - 8 years exp. (21 salaries)	₹2.5 L/yr - ₹5.9 L/yr 15% more
Aditya Birla Sun Life Insurance Insurance Manager Salary 2 - 8 years exp. (6 salaries)	₹3 L/yr - ₹5 L/yr 7% more
Tata AIA Life Insurance Insurance Manager Salary 3 - 9 years exp. (26 salaries)	₹2.6 L/yr - ₹7.7 L/yr 35% more
PNB MetLife Insurance Manager Salary 1 - 8 years exp. (63 salaries)	₹0.6 L/yr - ₹5.3 L/yr 11% more
Life Insurance Corporation of India Insurance Manager Salary 2 - 14 years exp. (4 salaries)	₹3.3 L/yr - ₹6 L/yr 39% more
Future Generali India Life Insurance Insurance Manager Salary 1 - 10 years exp. (54 salaries)	₹1 L/yr - ₹6 L/yr 8% more
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Cholamandalam MS General Insurance Insurance Manager Salary 3 - 9 years exp. (9 salaries)	₹3 L/yr - ₹5.9 L/yr 27% more
Bharti AXA Life Insurance Insurance Manager Salary 2 - 8 years exp. (6 salaries)	₹2.8 L/yr - ₹5.4 L/yr 20% more
Aviva Life Insurance India Insurance Manager Salary 4 - 10 years exp. (5 salaries)	₹3.3 L/yr - ₹5.5 L/yr 20% more
Aditya Birla Health Insurance Co Insurance Manager Salary 1 - 7 years exp. (5 salaries)	₹3.8 L/yr - ₹4.7 L/yr 25% more
Ageas Federal Life Insurance Insurance Manager Salary 5 - 12 years exp. (4 salaries)	₹4 L/yr - ₹8.5 L/yr 82% more
ManipalCigna Health Insurance Insurance Manager Salary 6 - 14 years exp. (4 salaries)	₹3.5 L/yr - ₹6.5 L/yr 36% more

Insurance Manager salary at Bajaj Capital Insurance ranges between ₹2.5 Lakhs to ₹4.5 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Capital Insurance.

Experience wise Bajaj Capital Insurance Insurance Manager salaries

Last Updated: 16 Jan 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹4.1 L/yr
6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹5.8 L/yr
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7 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
8 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4.5 L/yr

Similar Designation salaries in Bajaj Capital Insurance

Branch Manager Salary

(16 salaries)

₹2.9 L/yr - ₹4.5 L/yr

Area Manager Salary

(5 salaries)

₹4 L/yr - ₹7.55 L/yr

Deputy Manager Salary

(25 salaries)

₹2.1 L/yr - ₹3.6 L/yr

Sales Manager Salary

(14 salaries)

₹0.3 L/yr - ₹4.2 L/yr

Area Sales Manager Salary

(5 salaries)

₹4.45 L/yr - ₹5 L/yr

Branch Sales Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Assistant Sales Manager Salary

(5 salaries)

₹2.05 L/yr - ₹3.05 L/yr

Relationship Manager Salary

(15 salaries)

₹1.2 L/yr - ₹5.4 L/yr

Sales Officer Salary

(5 salaries)

₹1.5 L/yr - ₹2.1 L/yr

Team Lead Salary

(5 salaries)

₹2 L/yr - ₹3.06 L/yr

Salary related reviews for Bajaj Capital Insurance

Relationship Manager in Agra

Part Time

Sales & Business Development Department

2.0

• posted on 26 Oct 2023

3.0

for Salary and Benefits

Likes

... and hr only follow order to Senior Manager, big mistake to join this company. Daily said, not approved your attendance and not provide salary

Dislikes

Before joining recruiter said, direct channel leads will be provided but after joining branch manager said go to market and collect data and 3 time give for monthly ctc salary justify after give travel allowance. Branch manager and old rm follow only one rule hire and fire, high pressure to new rm

Skill development - Poor

+5 more

Deputy Manager in New Delhi

Insurance Department

4.0

• posted on 22 Feb 2022

3.0

for Salary and Benefits

Likes

Timing issue no time for family to much busy schedule slow process in growth companies policy are very irritated.

Job security - Good

+1 more

Dislikes

There is a lot of politics and the management doesn't address our issue. Salary is not good enough career and growth is to slow.

Skill development - Poor

+2 more

Sales Executive in Gwalior

Customer Success, Service & Operations Department

5.0

• posted on 21 Jun 2020

5.0

for Salary and Benefits

Likes

Good work environment and culture.teammates are supportive

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issues.salary is decent but career growth is slow.there is a bond of 1year before which you cannot resign.on the job training is not giving to new joiners.

Senior Executive Operations in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 07 May 2023

3.0

for Salary and Benefits

Likes

Non toxic environment, friendly culture, a certified "Great place to work" company. Managers are amazing and supportive in nature. Loads of work is limited. Bole to bindaas. 👍🏻👍🏻👍🏻👍🏻

Skill development - Good

+4 more

Dislikes

Salary package, bonus, appraisal etc should be improve.

Promotions - Poor

Manager HRD in Lucknow

Full Time

Human Resources Department

3.0

• posted on 22 May 2022

3.0

for Salary and Benefits

Likes

Overall it's a good organization to work but having huge requirement to improve to become better. Good ethical values.

Job security - Good

Dislikes

Although company having good ethical values but they ignored it at covid lockdown, 50% salary cut even for support team). Since support team were not being incentivised when business was at boom so there should not be salary cut when business is at low.

Skill development - Poor

+2 more

see more salary related reviews

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Bajaj Capital Insurance Insurance Manager Salary FAQs

What is the salary of Insurance Manager at Bajaj Capital Insurance?

Insurance Manager salary at Bajaj Capital Insurance in India ranges between ₹2.5 Lakhs to ₹4.5 Lakhs for experience between 5 years to 8 years. According to our estimates it is 17% less than the average Insurance Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Capital Insurance India.

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

The average salary of a Insurance Manager at Bajaj Capital Insurance is 17% less 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 Capital Insurance to a Insurance Manager in India?

Ageas Federal Life Insurance Insurance Manager Salary - ₹4.0 Lakhs to ₹8.5 Lakhs per year
Life Insurance Corporation of India Insurance Manager Salary - ₹3.3 Lakhs to ₹6.0 Lakhs per year
ManipalCigna Health Insurance Insurance Manager Salary - ₹3.5 Lakhs to ₹6.5 Lakhs per year
Tata AIA Life Insurance Insurance Manager Salary - ₹2.6 Lakhs to ₹7.7 Lakhs per year
Cholamandalam MS General Insurance Insurance Manager Salary - ₹3.0 Lakhs to ₹5.9 Lakhs per year

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

Aditya Birla Health Insurance Co Insurance Manager Salary - ₹3.8 Lakhs to ₹4.7 Lakhs per year
Aviva Life Insurance India Insurance Manager Salary - ₹3.3 Lakhs to ₹5.5 Lakhs per year
Bharti AXA Life Insurance Insurance Manager Salary - ₹2.8 Lakhs to ₹5.4 Lakhs per year
Kotak Mahindara Life Insurance Insurance Manager Salary - ₹2.5 Lakhs to ₹5.9 Lakhs per year
Max Life Insurance Insurance Manager Salary - ₹2.3 Lakhs to ₹4.7 Lakhs per year

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

The estimated take-home salary of a Insurance Manager at Bajaj Capital Insurance ranges between ₹24,507 per month to ₹25,953 per month in India. The take-home salary calculation is based on the average Bajaj Capital Insurance Insurance Manager salary in India which ranges between ₹2.5 Lakhs to ₹4.5 Lakhs per year for employees with experience between 5 years to 8 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the Bajaj Capital Insurance Insurance Managers reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Bajaj Capital Insurance Insurance Manager Salaries

Bajaj Capital Insurance Insurance Manager salary in India ranges between ₹2.5 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bajaj Capital Insurance latest salaries received from various employees of Bajaj Capital Insurance.