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3.9

based on 5.4k Reviews

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  • About
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Bajaj Allianz Life Insurance Senior Relationship Manager salaries in India (Updated 2025)

Annual salary range
0 - 10 years exp.
₹2 Lakhs - ₹4.3 Lakhs
Salary of majority employees info icon
Avg. annual salary
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Monthly In-hand Salary

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Senior Relationship Manager Salary at Bajaj Allianz Life Insurance ranges between ₹2 Lakhs to ₹4.3 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on... Read more

41% less than the average Senior Relationship Manager Salary in Insurance Companies for 0 - 10 years of experience

Interested in this particular role?

Last Updated: 11 Jun 2025

Companies similar to Bajaj Allianz Life Insurance for Senior Relationship Manager

Company name Avg Annual Salary Open Jobs
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HDFC Life Senior Relationship Manager Salary

2 - 9 years exp. (306 salaries)

unlock blur

₹2.2 L/yr - ₹5 L/yr

arrow icon 19% more
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Reliance Nippon Life Insurance Senior Relationship Manager Salary

1 - 10 years exp. (277 salaries)

unlock blur

₹1.9 L/yr - ₹5.2 L/yr

arrow icon 8% less
Login to view exact salary info icon
Logo
Niva Bupa Health Insurance Company Senior Relationship Manager Salary

0 - 10 years exp. (287 salaries)

unlock blur

₹2.5 L/yr - ₹5.6 L/yr

arrow icon 32% more
3 job openings
Logo
Tata AIA Life Insurance Senior Relationship Manager Salary

1 - 8 years exp. (231 salaries)

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₹2.8 L/yr - ₹7 L/yr

arrow icon 46% more
Logo
ICICI Lombard General Insurance Company Senior Relationship Manager Salary

2 - 15 years exp. (196 salaries)

unlock blur

₹1.7 L/yr - ₹7.7 L/yr

arrow icon 84% more
Logo
Axis Max Life Insurance Senior Relationship Manager Salary

3 - 10 years exp. (210 salaries)

unlock blur

₹3 L/yr - ₹9.3 L/yr

arrow icon 67% more
Logo
Aditya Birla Sun Life Insurance Senior Relationship Manager Salary

0 - 9 years exp. (91 salaries)

unlock blur

₹2.1 L/yr - ₹5.5 L/yr

arrow icon 21% more
Login to view exact salary info icon
Logo
ICICI Prudential Life Insurance Senior Relationship Manager Salary

2 - 6 years exp. (43 salaries)

unlock blur

₹2.9 L/yr - ₹6.5 L/yr

arrow icon 29% more
Logo
Bajaj Allianz General Insurance Senior Relationship Manager Salary

2 - 12 years exp. (40 salaries)

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₹2.6 L/yr - ₹7.5 L/yr

arrow icon 61% more
2 job openings
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Star Health & Allied Insurance Senior Relationship Manager Salary

2 - 10 years exp. (45 salaries)

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₹2.7 L/yr - ₹5.5 L/yr

arrow icon 10% more
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Tata AIG Senior Relationship Manager Salary

2 - 8 years exp. (29 salaries)

unlock blur

₹3.8 L/yr - ₹8 L/yr

arrow icon 88% more
Login to view exact salary info icon
Logo
Kotak Mahindara Life Insurance Senior Relationship Manager Salary

3 - 8 years exp. (20 salaries)

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₹3.5 L/yr - ₹6.5 L/yr

arrow icon 38% more
Logo
Shriram Life Insurance Senior Relationship Manager Salary

0 - 8 years exp. (27 salaries)

unlock blur

₹2.1 L/yr - ₹8.6 L/yr

arrow icon 30% more
Logo
Aditya Birla Health Insurance Co Senior Relationship Manager Salary

2 - 8 years exp. (14 salaries)

unlock blur

₹3.8 L/yr - ₹7.7 L/yr

arrow icon 105% more
Logo
SBI Life Insurance Company Senior Relationship Manager Salary

3 - 8 years exp. (14 salaries)

unlock blur

₹3.3 L/yr - ₹5.5 L/yr

arrow icon 30% more
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HDFC Ergo General Insurance Senior Relationship Manager Salary

2 - 6 years exp. (7 salaries)

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₹2.8 L/yr - ₹4.2 L/yr

arrow icon 3% more
Bajaj Allianz Life Insurance Senior Relationship Manager Salary and Career Growth

From

To

Senior Relationship Manager

₹unlock blur Lakhs/yr

0 - 10 years exp.

Associate Sales Partner

₹unlock blur Lakhs/yr

7 - 17 years exp.

Senior Relationship Manager

0 - 10 years exp.
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Executive Relationship Manager

0 - 10 years exp.
unlock blur
arrow icon 13% hike

Business Sales Manager

1 - 10 years exp.
unlock blur
arrow icon 20% hike
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.
Career and salary growth
cross

From

To

Senior Relationship Manager

₹ 3.2 Lakhs/yr

0 - 10 years exp.

Associate Sales Partner

₹ 6.2 Lakhs/yr

7 - 17 years exp.

Senior Relationship Manager 0 - 10 years exp.
₹ 3.2 L/yr
Executive Relationship Manager 0 - 10 years exp.
₹ 3.7 L/yr
arrow icon 13% hike
Business Sales Manager 1 - 10 years exp.
₹ 4.4 L/yr
arrow icon 20% hike
    Associate Sales Partner 7 - 17 years exp.
    ₹ 6.2 L/yr
    arrow icon 42% hike
    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.
    Did you find above career path helpful?

    Latest annual salaries shared by Bajaj Allianz Life Insurance Senior Relationship Manager

    1d ago
    ₹3.5 Lakhs
    5 years exp.
    1d ago
    ₹3.1 Lakhs
    6 months exp.
    1d ago
    ₹3 Lakhs
    2 years exp.
    2d ago
    ₹3.5 Lakhs
    1 year exp.
    6d ago
    ₹3.5 Lakhs
    1 year exp.
    6d ago
    avg blur mobile
    3 years exp.
    1w ago
    avg blur mobile
    3 months exp.
    1w ago
    avg blur mobile
    2 years exp.
    1w ago
    avg blur mobile
    3 years exp.
    1w ago
    avg blur mobile
    3 years exp.

    Bajaj Allianz Life Insurance Senior Relationship Manager salaries by

    Years of experience Avg. annual salary
    Fresher  (123 salaries)

    unlock blur

    ₹2.3 L/yr - ₹4 L/yr
    1 year  (123 salaries)

    unlock blur

    ₹2 L/yr - ₹4 L/yr
    Login to view exact salary info icon
    2 years  (114 salaries)

    unlock blur

    ₹2 L/yr - ₹4.1 L/yr
    3 years  (124 salaries)

    unlock blur

    ₹2 L/yr - ₹4 L/yr
    4 years  (81 salaries)

    unlock blur

    ₹2 L/yr - ₹4 L/yr
    5 years  (67 salaries)

    unlock blur

    ₹2.4 L/yr - ₹4.3 L/yr
    6 years  (44 salaries)

    unlock blur

    ₹2.5 L/yr - ₹3.9 L/yr
    7 years  (28 salaries)

    unlock blur

    ₹2.7 L/yr - ₹3.7 L/yr
    8 years  (9 salaries)

    unlock blur

    ₹2.7 L/yr - ₹4 L/yr
    9 years  (3 salaries)

    unlock blur

    ₹1.3 L/yr - ₹3.6 L/yr
    10 years (AmbitionBox Estimate)

    unlock blur

    ₹2.9 L/yr - ₹3.7 L/yr
    View all salaries by experience

    Similar Designation Salaries at Bajaj Allianz Life Insurance

    Similar Designation Avg. annual salary
    Relationship Manager Salary
    (777 salaries)
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    ₹1.6 L/yr - ₹4.6 L/yr

    Senior Sales Manager Salary
    (246 salaries)
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    ₹2.4 L/yr - ₹4.5 L/yr

    Login to view exact salary info icon
    Regional Manager Salary
    (113 salaries)
    unlock-blur

    ₹7 L/yr - ₹28.5 L/yr

    Marketing Manager Salary
    (9 salaries)
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    ₹5 L/yr - ₹6.7 L/yr

    Zonal Sales Manager Salary
    (4 salaries)
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    ₹12 L/yr - ₹38 L/yr

    Territory Sales Manager Salary
    (14 salaries)
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    ₹4.9 L/yr - ₹9.1 L/yr

    Branch Manager Salary
    (172 salaries)
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    ₹4.5 L/yr - ₹12.9 L/yr

    Territory Manager Salary
    (236 salaries)
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    ₹4.3 L/yr - ₹8.4 L/yr

    Area Sales Manager Salary
    (28 salaries)
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    ₹2 L/yr - ₹11.1 L/yr

    Area Manager Salary
    (221 salaries)
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    ₹5 L/yr - ₹16.9 L/yr

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    Salary related reviews for Bajaj Allianz Life Insurance

    3.8

    Rated by 363 employees for salary & benefits

    Senior Relationship Manager in Hyderabad / Secunderabad

    Full Time

     · 

    BFSI, Investments & Trading Department

    4.0
      •  posted on 25 Jun 2023

    5.0
     for  Salary and Benefits

    Likes

    One of the best company to work and earn money , we can earn more incentives than salary, overall this is the best company in all insurance sectors.

    read more
    • Salary - Excellent
    • +6 more

    Dislikes

    In banca channel, the company heads and co-heads has to interact with the bankers for freshers encouragement

    Senior Relationship Manager in Bhubaneswar

    Full Time

     · 

    Customer Success, Service & Operations Department

    5.0
      •  posted on 05 Feb 2021

    5.0
     for  Salary and Benefits

    Likes

    ...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

    read more
    • Salary - Excellent
    • +6 more

    Dislikes

    Nothing

    Senior Relationship Manager in All Mumbai

    BFSI, Investments & Trading Department

    5.0
      •  posted on 15 Dec 2020

    5.0
     for  Salary and Benefits

    Likes

    ...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike every year

    read more
    • Salary - Excellent
    • +5 more

    Dislikes

    There is a lot of politics for branch

    Senior Relationship Manager in Mumbai

    International Business Department

    3.0
      •  posted on 03 Dec 2020

    2.0
     for  Salary and Benefits

    Likes

    Nothing..In bajaj you only see "top management gives you words and big big promises but nothing will happend" ,managers not support their juniors. They only expect more from u and if u doing gud u will be appreciated only for that day.on next day u have to start with zero. In covid situation se faced more problems mentally we faced so much pressure and we worked from 9 to 11pm some time.. thr is no proper timing.. according to managers if u are doing work from home u not need to take break ... * Work culture is also not gud. * Company policies is just a policies for name.. if company want u terminate today they will find the way .but honestly for branding .. company policies is gud.

    read more

    Dislikes

    ...gap , most of managers are just useless and they are just leech in Organization. Who only take salary from Organization and doing nothing and one day they just left when they full with thr stomach. But nothing will change just do your job and if u don't like than just leave for better opportunity.

    read more
    • Salary - Poor
    • +5 more

    Senior Relationship Manager

    Marketing & Communication Department

    4.0
      •  posted on 29 Mar 2020

    5.0
     for  Salary and Benefits

    Likes

    ...ho has contributed 100 crore rupees in this crucial situation of the country.. Already released salary in 26'th March for the month of March Giving option to work from home WFH through its updated online process you can manage everything from your home.. This is very appriciable.. I love BALIC SO MUCH

    read more
    • Salary - Excellent
    • +5 more

    Dislikes

    In (Bancassurance channel) Few employees are working with good and big net worth bank branches and they are getting promotion and wealth also While mostly are facing difficulties with urban and semi urban categories branches.. Management should take needful action towards

    read more
    see more salary related reviews
    More about working at Bajaj Allianz Life Insurance
    • Insurance
    • 10k-50k Employees (India)
    • Financial Services

    Bajaj Allianz Life Insurance Senior Relationship Manager Salary FAQs

    What is the salary of Senior Relationship Manager at Bajaj Allianz Life Insurance ?
    The average salary of a Senior Relationship Manager at Bajaj Allianz Life Insurance in India typically ranges from ₹2.0 Lakhs to ₹4.3 Lakhs per year, depending on experience (from Fresher to 10 years).

    The top 10% of Senior Relationship Manager at Bajaj Allianz Life Insurance earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Senior Relationship 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 700+ Bajaj Allianz Life Insurance employees in India.
    What is the estimated take home salary of a Senior Relationship Manager at Bajaj Allianz Life Insurance in India?
    The estimated take-home salary of a Senior Relationship Manager at Bajaj Allianz Life Insurance in India typically ranges from ₹23,443 to ₹24,905 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹4.3 Lakhs per year for employees with experience ranging from Fresher to 10 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 700+ salaries received from various employees of Bajaj Allianz Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
    What are the key skills required to be a Senior Relationship Manager at Bajaj Allianz Life Insurance ?
    To be a Senior Relationship Manager at Bajaj Allianz Life Insurance in india, the key skills required include:

    • - Sales
    • - Insurance Sales
    • - Bancassurance
    • - Life Insurance
    • - Bancassurance

    These skills are highly valued at Bajaj Allianz Life Insurance and are crucial for successful performance in a Software Engineering role.
    Which companies offer higher salaries than Bajaj Allianz Life Insurance for Senior Relationship Manager in India?
    Aditya Birla Health Insurance Co ₹3.8 Lakhs to ₹7.7 Lakhs per year
    Tata AIG ₹3.8 Lakhs to ₹8.0 Lakhs per year
    ICICI Lombard General Insurance Company ₹1.7 Lakhs to ₹7.7 Lakhs per year
    Axis Max Life Insurance ₹3.0 Lakhs to ₹9.3 Lakhs per year
    Bajaj Allianz General Insurance ₹2.6 Lakhs to ₹7.5 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 Senior Relationship Manager in companies similar to Bajaj Allianz Life Insurance in India?
    The salary of a Senior Relationship 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:

    Tata AIA Life Insurance ₹2.8 Lakhs to ₹7.0 Lakhs per year
    Kotak Mahindara Life Insurance ₹3.5 Lakhs to ₹6.5 Lakhs per year
    Niva Bupa Health Insurance Company ₹2.5 Lakhs to ₹5.6 Lakhs per year
    SBI Life Insurance Company ₹3.3 Lakhs to ₹5.5 Lakhs per year
    Shriram Life Insurance ₹2.1 Lakhs to ₹8.6 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 Senior Relationship Manager at Bajaj Allianz Life Insurance in India?
    The salary growth for a Senior Relationship Manager at Bajaj Allianz Life Insurance depends on factors such as experience, performance, and promotions. On average, a Senior Relationship Manager can expect the following growth trajectory at Bajaj Allianz Life Insurance:

    Experience Average Salary Range
    Fresher ₹2.3 Lakhs to ₹4.0 Lakhs per year
    1 year ₹2.0 Lakhs to ₹4.0 Lakhs per year
    2 years ₹2.0 Lakhs to ₹4.1 Lakhs per year
    3 years ₹2.0 Lakhs to ₹4.0 Lakhs per year
    and so on.

    Tell us how to improve this page.

    Bajaj Allianz Life Insurance Senior Relationship Manager Salaries by Location

    • Bajaj Allianz Life Insurance Senior Relationship Manager salaries in Kolkata
    • Bajaj Allianz Life Insurance Senior Relationship Manager salaries in New Delhi
    • Bajaj Allianz Life Insurance Senior Relationship Manager salaries in Pune
    • Bajaj Allianz Life Insurance Senior Relationship Manager salaries in Bangalore / Bengaluru
    • Bajaj Allianz Life Insurance Senior Relationship Manager salaries in Mumbai
    • Show more
    • Bajaj Allianz Life Insurance Senior Relationship Manager salaries in Chennai
    • Home >
    • Salaries >
    • Bajaj Allianz Life Insurance Salaries >
    • Bajaj Allianz Life Insurance Senior Relationship Manager Salaries

    Bajaj Allianz Life Insurance Senior Relationship Manager salary in India ranges between ₹2 Lakhs to ₹4.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 718 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.

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    Bajaj Allianz Life Insurance Senior Relationship Manager Interview Questions

    A Senior Relationship Manager was asked
    5mo ago
    Q. How do you approach your work?
    Read all Senior Relationship Manager questions
    A Senior Relationship Manager was asked
    Q. Do you have a two-wheeler?
    Read all Senior Relationship Manager questions
    A Senior Relationship Manager was asked
    Q. How much incentive can be earned in one month?
    Read all Senior Relationship Manager questions
    View all
    Senior Relationship Manager Salary in India
    based on 16.1k salaries
    ₹2.6 L/yr - ₹11 L/yr
    41% less than the average Senior Relationship Manager Salary in India
    View more details

    Bajaj Allianz Life Insurance Senior Relationship Manager Reviews and Ratings

    based on 363 reviews

    4.0/5

    Rating in categories

    3.8

    Skill development

    3.8

    Work-life balance

    3.8

    Salary

    3.9

    Job security

    3.8

    Company culture

    3.6

    Promotions

    3.7

    Work satisfaction

    Explore 363 Reviews and Ratings

    Gender Based Ratings at Bajaj Allianz Life Insurance

    based on 348 Senior Relationship Manager salaries
    3.7
    Rated by 73 Women

    for Salary and Benefits at Bajaj Allianz Life Insurance

    women
    4.1
    Rated by 275 Men

    for Salary and Benefits at Bajaj Allianz Life Insurance

    men
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    Bajaj Allianz Life Insurance Employee Benefits
    cab
    Office cab/shuttle
    4 total responses
    onsite
    International/On-site exposure
    2 total responses
    freemeal
    Free meal
    1 total response
    joining
    Joining bonus
    1 total response
    +10 more benefits

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    Notice Period for Senior Relationship Manager at Bajaj Allianz Life Insurance

    based on 1k responses

    1 Month
    80%
    15 days or less
    15%
    3 Months
    2%
    2 Months
    2%
    More than 3 months
    1%
    View all
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