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Annual salary range
4 - 20 years exp.
₹4
Lakhs - ₹8.5
Lakhs
Salary of majority employees
Avg. annual salary
Monthly In-hand Salary
Territory Manager Salary at Bajaj Allianz Life Insurance ranges between ₹4 Lakhs to ₹8.5 Lakhs per year for employees with experience between 4 years to 20 years. Salary estimates are based on 252 latest salaries...
Read more
15% less than the average Territory Manager Salary in Insurance Companies for 4 - 20 years of experience
Interested in this particular role? 1 job opening
Companies similar to Bajaj Allianz Life Insurance for Territory Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Bajaj Allianz General Insurance Territory Manager Salary
3 - 14 years exp. (252 salaries) |  ₹3.1 L/yr - ₹7 L/yr 
21%
less | |
 HDFC Life Territory Manager Salary
3 - 20 years exp. (282 salaries) | ₹11 L/yr - ₹18.8 L/yr 
125%
more | |
Login to view exact salary
| ||
 SBI Life Insurance Company Territory Manager Salary
3 - 14 years exp. (96 salaries) | ₹4 L/yr - ₹7 L/yr
19%
less | |
 Reliance Nippon Life Insurance Territory Manager Salary
5 - 17 years exp. (101 salaries) | ₹4.7 L/yr - ₹10.2 L/yr
11%
more | |
 Tata AIA Life Insurance Territory Manager Salary
4 - 10 years exp. (61 salaries) | ₹5.2 L/yr - ₹10 L/yr
17%
more | |
 Star Health & Allied Insurance Territory Manager Salary
11 - 20 years exp. (43 salaries) | ₹10 L/yr - ₹18 L/yr
99%
more | |
 Axis Max Life Insurance Territory Manager Salary
10 - 18 years exp. (41 salaries) | ₹10.4 L/yr - ₹18.7 L/yr
105%
more | 1 job opening |
Login to view exact salary
| ||
 Aditya Birla Sun Life Insurance Territory Manager Salary
2 - 13 years exp. (21 salaries) | ₹6 L/yr - ₹9 L/yr
5%
more | |
 ICICI Lombard General Insurance Company Territory Manager Salary
1 - 12 years exp. (19 salaries) | ₹6.4 L/yr - ₹12.7 L/yr
39%
more | |
 HDFC Ergo General Insurance Territory Manager Salary
6 - 18 years exp. (15 salaries) | ₹5 L/yr - ₹8.8 L/yr
6%
more | |
 Shriram Life Insurance Territory Manager Salary
5 - 10 years exp. (12 salaries) | ₹3.5 L/yr - ₹8.4 L/yr
13%
less | |
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| ||
 Kotak Mahindara Life Insurance Territory Manager Salary
16 - 20 years exp. (6 salaries) | ₹16 L/yr - ₹20 L/yr
172%
more | |
 Tata AIG Territory Manager Salary
5 - 10 years exp. (5 salaries) | ₹3.5 L/yr - ₹8.3 L/yr
27%
less | |
 ICICI Prudential Life Insurance Territory Manager Salary
7 - 9 years exp. (4 salaries) | ₹5.5 L/yr - ₹6.2 L/yr
11%
less | |
 Aditya Birla Insurance Brokers Territory Manager Salary
6 - 14 years exp. (4 salaries) | ₹5 L/yr - ₹9.9 L/yr
1%
more | |
 Allianz Partners Territory Manager Salary
4 - 6 years exp. (3 salaries) | ₹4 L/yr - ₹4.1 L/yr
38%
less | |
Bajaj Allianz Life Insurance Territory Manager
Salary and Career Growth
From
To
Territory Manager
₹
Lakhs/yr
Lakhs/yr
4 - 20 years exp.
Associate Vice President
₹
Lakhs/yr
Lakhs/yr
8 - 21 years exp.
Territory Manager
4 - 20 years exp.
Manager
3 - 19 years exp.
96% hike
Senior Manager
1 - 18 years exp.
-2% 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.
Latest annual salaries shared by Bajaj Allianz Life Insurance Territory Manager
6d ago
₹6
Lakhs
7
years
exp.
1w ago
₹6
Lakhs
10
years
exp.
1w ago
₹8
Lakhs
10
years
exp.
1w ago
₹6
Lakhs
11
years
exp.
1w ago
₹7
Lakhs
9
years
exp.
2w ago
19
years
exp.
2w ago
8
years
exp.
3w ago
14
years
exp.
3w ago
8
years
exp.
3w ago
5
years
exp.
Bajaj Allianz Life Insurance Territory Manager salaries by
| Years of experience | Avg. annual salary |
|---|---|
| 4 years (8 salaries) |
₹4.3
L/yr
- ₹8
L/yr
|
| 5 years (19 salaries) |
₹4.1
L/yr
- ₹7
L/yr
|
Login to view exact salary
| |
| 6 years (18 salaries) |
₹4
L/yr
- ₹7.5
L/yr
|
| 7 years (18 salaries) |
₹4.5
L/yr
- ₹8
L/yr
|
| 8 years (24 salaries) |
₹4.4
L/yr
- ₹8
L/yr
|
View all salaries by experience
Similar Designation Salaries at Bajaj Allianz Life Insurance
| Similar Designation | Avg. annual salary |
|---|---|
Territory Sales Manager Salary
(22 salaries)
| ₹4 L/yr - ₹9.1 L/yr |
Deputy Manager Salary
(369 salaries)
| ₹4.5 L/yr - ₹17 L/yr |
Login to view exact salary
| |
Senior Territory Manager Salary
(137 salaries)
| ₹6 L/yr - ₹12 L/yr |
Area Manager Salary
(222 salaries)
| ₹5 L/yr - ₹14 L/yr |
Territory Business Manager Salary
(4 salaries)
| ₹5 L/yr - ₹6 L/yr |
View more similar designations
Top trending discussions
View All
Salary Discussions, Hike & Promotions
1w
a full stack developer
No Salary Discussion in My Appraisal — What’s Your Experience?
In my appraisal meeting, they didn’t ask or discuss my expectations about my salary or hike percentage. The entire discussion was only about feedback and performance review. After the meeting, I asked why they didn’t allow me to share my expectations or reveal my hike numbers. They told me that the hike numbers would be decided only by the owner and then they would inform me.
I feel an appraisal meeting should include open discussion about both performance and future expectations. What are your thoughts? Does this happen in your company too?
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Salary related reviews for Bajaj Allianz Life Insurance
Bajaj Allianz Life Insurance Territory Manager Salary FAQs
What is the salary of Territory Manager at Bajaj Allianz Life Insurance ?
The average salary of a Territory Manager at Bajaj Allianz Life Insurance in India typically ranges from ₹4.0 Lakhs to ₹8.5 Lakhs per year, depending on experience (from 4 years to 20 years).
The top 10% of Territory Manager at Bajaj Allianz Life Insurance earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹12.5 Lakhs per year. Territory 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 200+ Bajaj Allianz Life Insurance employees in India.
The top 10% of Territory Manager at Bajaj Allianz Life Insurance earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹12.5 Lakhs per year. Territory 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 200+ Bajaj Allianz Life Insurance employees in India.
What is the estimated take home salary of a Territory Manager at Bajaj Allianz Life Insurance in India?
The estimated take-home salary of a Territory Manager at Bajaj Allianz Life Insurance in India typically ranges from ₹49,732 to ₹50,907 per month. This is based on the average salary range of
₹4.0 Lakhs to ₹8.5 Lakhs
per year for employees with experience ranging from 4 years to 20 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 200+ 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 Territory Manager at Bajaj Allianz Life Insurance ?
To be a Territory Manager at Bajaj Allianz Life Insurance in india, the key skills required include:
These skills are highly valued at Bajaj Allianz Life Insurance and are crucial for successful performance in a Software Engineering role.
- - Life Insurance
- - Agency Sales
- - Agency Channel
- - Insurance
- - Sales
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 Territory Manager in India?
| Kotak Mahindara Life Insurance | ₹16.0 Lakhs to ₹20.0 Lakhs per year |
| HDFC Life | ₹11.0 Lakhs to ₹18.8 Lakhs per year |
| Axis Max Life Insurance | ₹10.4 Lakhs to ₹18.7 Lakhs per year |
| Star Health & Allied Insurance | ₹10.0 Lakhs to ₹18.0 Lakhs per year |
| ICICI Lombard General Insurance Company | ₹6.4 Lakhs to ₹12.7 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 Territory Manager in companies similar to Bajaj Allianz Life Insurance in India?
The salary of a Territory 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:
These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
| Tata AIA Life Insurance | ₹5.2 Lakhs to ₹10.0 Lakhs per year |
| Reliance Nippon Life Insurance | ₹4.7 Lakhs to ₹10.2 Lakhs per year |
| HDFC Ergo General Insurance | ₹5.0 Lakhs to ₹8.8 Lakhs per year |
| Aditya Birla Sun Life Insurance | ₹6.0 Lakhs to ₹9.0 Lakhs per year |
| Aditya Birla Insurance Brokers | ₹5.0 Lakhs to ₹9.9 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 Life Insurance in India?
The salary growth for a Territory Manager at Bajaj Allianz Life Insurance depends on factors such as experience, performance, and promotions. On average, a Territory Manager can expect the following growth trajectory at Bajaj Allianz Life Insurance:
and so on.
| Experience | Average Salary Range |
|---|---|
| 4 years | ₹4.3 Lakhs to ₹8.0 Lakhs per year |
| 5 years | ₹4.1 Lakhs to ₹7.0 Lakhs per year |
| 6 years | ₹4.0 Lakhs to ₹7.5 Lakhs per year |
| 7 years | ₹4.5 Lakhs to ₹8.0 Lakhs per year |
Top skills at Bajaj Allianz Life Insurance for Territory Manager
Sales
Leadership
Analytical
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Bajaj Allianz Life Insurance Territory Manager Salaries by Location
- Bajaj Allianz Life Insurance Territory Manager salaries in Kolkata
- Bajaj Allianz Life Insurance Territory Manager salaries in Mumbai
- Bajaj Allianz Life Insurance Territory Manager salaries in New Delhi
- Bajaj Allianz Life Insurance Territory Manager salaries in Chennai
- Bajaj Allianz Life Insurance Territory Manager salaries in Patna
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Bajaj Allianz Life Insurance Territory Manager salary
in
India
ranges between ₹4
Lakhs to ₹8.5
Lakhs with an average annual salary of
₹. Salary estimates are based on
252
Bajaj Allianz Life Insurance latest salaries received from various employees of
Bajaj Allianz Life Insurance.