Bajaj Finserv Insurance Manager Salaries by 5 Employees (Updated 2025)

0 - 8 years exp.

₹5 Lakhs - ₹6.8 Lakhs

Low Confidence

Salary of majority employees

44% more than the average Insurance Manager Salary in Financial Services Companies for 0 - 8 years of experience

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Salaries in different departments

Sales & Business Development Insurance Manager Salary 5 - 8 years exp. (3 salaries)	₹5.5 L/yr - ₹6.8 L/yr
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Procurement & Supply Chain Insurance Manager Salary 0 - 5 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹6.1 L/yr

Last Updated: 15 Feb 2025

Companies similar to Bajaj Finserv for Insurance Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Insurance Manager Salary 0 - 4 years exp. (5 salaries)	₹1.5 L/yr - ₹7.2 L/yr 12% more
ICICI Bank Insurance Manager Salary 1 - 6 years exp. (4 salaries)	₹3 L/yr - ₹8.8 L/yr 3% less
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Kotak Mahindra Bank Insurance Manager Salary 1 - 9 years exp. (4 salaries)	₹2.8 L/yr - ₹4 L/yr 40% less
Aditya Birla Capital Insurance Manager Salary 1 - 17 years exp. (7 salaries)	₹2.2 L/yr - ₹5 L/yr 45% less
Edelweiss Insurance Manager Salary 5 - 9 years exp. (4 salaries)	₹2.8 L/yr - ₹6.9 L/yr 29% less
Bajaj Capital Insurance Manager Salary 4 - 8 years exp. (4 salaries)	₹2.5 L/yr - ₹4.5 L/yr 44% less

Insurance Manager salary at Bajaj Finserv ranges between ₹5 Lakhs to ₹6.8 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Bajaj Finserv.

Experience wise Bajaj Finserv Insurance Manager salaries

Last Updated: 15 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹5 L/yr - ₹10 L/yr
1 year (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
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2 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
3 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.6 L/yr
4 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
5 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.8 L/yr
6 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.3 L/yr
7 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
8 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.3 L/yr

View all

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Salary related reviews for Bajaj Finserv

5.0

Rated by 1 employees for salary & benefits

Sales Officer in Bagnan

Full Time

Finance & Accounting Department

3.0

• posted on 27 Nov 2024

2.0

for Salary and Benefits

Likes

Collegue .. work as a team... And i love bajaj finance as i saw my brother did job here ..

Skill development - Excellent

+1 more

Dislikes

In my location no appraisals, promotion happen .. salary is too low compare to other locations. . Lastly have to work in everything .. alltime con call..

Salary - Poor

+1 more

Area Manager in Guwahati

Full Time

Finance & Accounting Department

2.0

• posted on 03 Oct 2024

2.0

for Salary and Benefits

Likes

Compensation you gets you salary on time. That's it.

Dislikes

No work life balance, no Holiday, not even Sunday, even on National holiday such as Independent day we are asking to work from home, no timeing of work hour, it starts from morning 9:00 until your work for the day is done, it hardly end before 10:00 pm. HR team are toothless people they don't have any say on employees welfare.

Salary - Poor

+6 more

Sales Officer in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 03 Oct 2024

3.0

for Salary and Benefits

Likes

Here salary is paid on time

Dislikes

There is a lot of pressure in working and achieve the target, they even abuse their employees. The customer has to give wrong information and the card is sent through wrong communication

Skill development - Poor

+5 more

Sales Officer in Samastipur

Full Time

Marketing & Communication Department

5.0

• posted on 27 Aug 2024

5.0

for Salary and Benefits

Likes

Salary and challenges are good. All team supported each other All team works do in this job.seniors very supported their own boys.Attractive incentive much competition all company .Bajaj is multinational company which growth develop market

Salary - Excellent

+6 more

Dislikes

Working on every Sunday is worst part.Even we are working hard and honesty but no increase salary every year.in this job no holidays and no sunday special leave. There is no work life

Sales Officer in Hyderabad / Secunderabad

Full Time

Sales & Business Development Department

3.0

• posted on 19 Apr 2024

3.0

for Salary and Benefits

Likes

For the job security and skill development this is the best company and salary and benefits wise also good but in some retail sector incentives are variable

Dislikes

In this company work life balance is very low .In a day almost 12 hours we should available on there is no particular week offs or fixed week offs

Promotions - Bad

+1 more

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Bajaj Finserv Insurance Manager Salary FAQs

What is the salary of Insurance Manager at Bajaj Finserv?

Insurance Manager salary at Bajaj Finserv in India ranges between ₹5.0 Lakhs to ₹6.8 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 44% more than the average Insurance Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Bajaj Finserv India.

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

The average salary of a Insurance Manager at Bajaj Finserv is 44% 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 Finserv to a Insurance Manager in India?

HDFC Bank Insurance Manager Salary - ₹1.5 Lakhs to ₹7.2 Lakhs per year

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

ICICI Bank Insurance Manager Salary - ₹3.0 Lakhs to ₹8.8 Lakhs per year
Edelweiss Insurance Manager Salary - ₹2.8 Lakhs to ₹6.9 Lakhs per year
Kotak Mahindra Bank Insurance Manager Salary - ₹2.8 Lakhs to ₹4.0 Lakhs per year
Bajaj Capital Insurance Manager Salary - ₹2.5 Lakhs to ₹4.5 Lakhs per year
Aditya Birla Capital Insurance Manager Salary - ₹2.2 Lakhs to ₹5.0 Lakhs per year

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

The estimated take-home salary of a Insurance Manager at Bajaj Finserv ranges between ₹43,973 per month to ₹45,079 per month in India. The take-home salary calculation is based on the average Bajaj Finserv Insurance Manager salary in India which ranges between ₹5.0 Lakhs to ₹6.8 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the Bajaj Finserv Insurance Managers reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 6 responses on AmbitionBox in last 2 years.

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Bajaj Finserv Insurance Manager Salaries

Bajaj Finserv Insurance Manager salary in India ranges between ₹5 Lakhs to ₹6.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Bajaj Finserv latest salaries received from various employees of Bajaj Finserv.