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Bajaj Allianz Life Insurance Territory Manager salaries in Hubli

Annual salary range
4 - 8 years exp.
₹4.5 Lakhs - ₹7 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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Territory Manager Salary at Bajaj Allianz Life Insurance ranges between ₹4.5 Lakhs to ₹7 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 4 latest salaries... Read more

25% less than the average Territory Manager Salary in Insurance Companies for 4 - 8 years of experience

Interested in this particular role? 1 job opening

What are the roles & responsibilities of a Territory Manager at Bajaj Allianz Life Insurance?

Sales Management

  • Manage sales team performance and recruit new talent
  • Achieve revenue targets through strategic planning
  • Monitor market trends and competitor activity
  • Drive sales and achieve targets within assigned territory

Team Development

  • Lead and motivate the sales team
  • Provide training on products and sales techniques

Read full roles & responsibilities

Last Updated: 15 Mar 2023

Companies similar to Bajaj Allianz Life Insurance for Territory Manager in Hubli

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Bajaj Allianz Life Insurance Territory Manager Salary

4 - 8 years exp. (4 salaries)

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₹4.5 L/yr - ₹7 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹5 L/yr - ₹9.1 L/yr

arrow icon 7% more
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₹3.8 L/yr - ₹5.7 L/yr

arrow icon 21% less
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₹5.4 L/yr - ₹9.4 L/yr

arrow icon 28% more
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TVS Motor Territory Manager Salary

3 - 12 years exp. (6 salaries)

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₹6.7 L/yr - ₹17 L/yr

arrow icon 128% more
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Greenlam Industries Territory Manager Salary

1 - 7 years exp. (4 salaries)

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₹5 L/yr - ₹6.3 L/yr

arrow icon 6% less
Bajaj Allianz Life Insurance Territory Manager Salary and Career Growth

From

To

Territory Manager

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4 - 20 years exp.

Associate Vice President

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8 - 23 years exp.

Territory Manager

4 - 20 years exp.
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Manager

3 - 19 years exp.
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arrow icon 101% hike

Senior Manager

1 - 18 years exp.
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arrow icon -21% 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.

Bajaj Allianz Life Insurance Territory Manager salaries by

Years of experience Avg. annual salary
4 years (AmbitionBox Estimate)

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₹5.5 L/yr - ₹7 L/yr
5 years (AmbitionBox Estimate)

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₹5.5 L/yr - ₹7.1 L/yr
6 years (AmbitionBox Estimate)

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₹5.6 L/yr - ₹7.1 L/yr
7 years (AmbitionBox Estimate)

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₹5.6 L/yr - ₹7.2 L/yr
8 years (AmbitionBox Estimate)

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₹5.7 L/yr - ₹7.2 L/yr

Top trending discussions

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Salary Discussions, Hike & Promotions
5d
a senior executive
GF salary Vs. My salary
Me and my gf have been dating for 5 years. Back in 2020, I started my career with a package of ₹5 LPA. Over the years, I’ve reached ₹22 LPA in 2025. She started her journey with ₹3 LPA(2020) and is now earning ₹8 LPA(2025). We’ve been in a live-in relationship for around 2 years, and the idea was to share expenses equally. But, equal sharing never really happened. If we go to a café she likes, especially with friends, I will pay the entire bill. We only split the house rent and grocery bills. I told her lots of time to cut down these costly cafe expenses or earn more money, increase your package, study and work hard, but.....she is now in her comfort zone. Being from a tech background, I have seen people upgrade their skills and package for a good life in metro cities. I am ready to support her in her studies, but she is like I am earning enough for myself.... No, you are not. I love her, but I don't know how to overcome this issue between us. Please suggest!
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Salary related reviews for Bajaj Allianz Life Insurance

Full Time

 · 

Other Department

1.0
  •  updated on 29 Feb 2024

1.0
 for  Salary and Benefits

Likes

I respect the Bajaj Allianz Life insurance because company was selected to grow my career I love the Bajaj Allianz Life insurance products where we give best return to customers.

read more

Dislikes

... Bajaj Allianz Life insurance company is best fastest growing company in india. But the managers working culture is dengerous because the managers are Black mail with employees salary, one of my manager was directly telling that if I do business then only I get salary, And this is the company policy he was telling is it my dear company CEO, In business sales the tarcher is common but who will blame with employees salary. And check the trainers quality.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  updated on 22 Sep 2023

1.0
 for  Salary and Benefits

Likes

If you are doing at least one policy per month of min 5k then no one is going to fire you. Products of Bajaj Allianz Life Insurance is good.

read more

Dislikes

...manager on Sat and Sun. So there is no work no life no balance. Growth is none. No salary increments. Very very very low salary. Incentives earning is very much difficult. By any chance if you entered into the life insurance industry and especially into Agency channel then life worst. Extensive traveling across the city on your own expenses. Very hectic job

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  updated on 16 Nov 2023

5.0
 for  Salary and Benefits

Likes

Good salary, nice incentive structure and promotion structure

  • Salary - Excellent
  • +4 more

Dislikes

No proper training , no support in business hence we lack in aquaring business as compared to Max life insurance aur competitors in axis bank channel.

read more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  updated on 09 May 2023

5.0
 for  Salary and Benefits

Likes

You get salary on time.

  • Salary - Excellent
  • +1 more

Dislikes

No one( Sr. Management) cares about you,they just need business that too what they ask from you " no need based selling". Rather then that there are meetings meetings and meetings for the sales team.

read more
  • Skill development - Bad
  • +4 more

Other Department

5.0
  •  updated on 05 May 2022

5.0
 for  Salary and Benefits

Likes

... period. Seniors are very supportive and give proper guidance at any situations. Salary on time.

read more
  • Salary - Excellent
  • +6 more

Dislikes

There is no dislike for me about this company

see more salary related reviews

Bajaj Allianz Life Insurance Territory Manager Salary FAQs

What is the salary of Territory Manager at Bajaj Allianz Life Insurance in Hubli?
The average salary of a Territory Manager at Bajaj Allianz Life Insurance in Hubli typically ranges from ₹4.5 Lakhs to ₹7.0 Lakhs per year, depending on experience (from 4 years to 8 years).

The top 10% of Territory Manager in Hubli at Bajaj Allianz Life Insurance earn more than ₹7.0 Lakhs per year, and the top 1% earn over ₹7.0 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 4 Bajaj Allianz Life Insurance employees in India.
What is the estimated take home salary of a Territory Manager at Bajaj Allianz Life Insurance in Hubli?
The estimated take-home salary of a Territory Manager at Bajaj Allianz Life Insurance in Hubli typically ranges from ₹49,096 to ₹50,256 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from 4 years to 8 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 4 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 in Hubli?
To be a Territory Manager at Bajaj Allianz Life Insurance in Hubli, the key skills required include:

  • - 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?
TVS Motor ₹6.7 Lakhs to ₹17.0 Lakhs per year
Tractors and Farm Equipment ₹5.4 Lakhs to ₹9.4 Lakhs per year
Reliance Nippon Life Insurance ₹5.0 Lakhs to ₹9.1 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 Hubli?
The salary of a Territory Manager at companies similar to Bajaj Allianz Life Insurance in Hubli varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Greenlam Industries ₹5.0 Lakhs to ₹6.3 Lakhs per year
Bajaj Allianz General Insurance ₹3.8 Lakhs to ₹5.7 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 Hubli?
The salary growth for a Territory Manager at Bajaj Allianz Life Insurance in Hubli depends on factors such as experience, performance, and promotions. On average, a Territory Manager in Hubli can expect the following growth trajectory at Bajaj Allianz Life Insurance:

Experience Average Salary Range
4 years ₹5.5 Lakhs to ₹7.0 Lakhs per year
5 years ₹5.5 Lakhs to ₹7.1 Lakhs per year
6 years ₹5.6 Lakhs to ₹7.1 Lakhs per year
7 years ₹5.6 Lakhs to ₹7.2 Lakhs per year
and so on.

Top skills at Bajaj Allianz Life Insurance for Territory Manager

Sales Leadership Analytical

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Bajaj Allianz Life Insurance Territory Manager salary in Hubli ranges between ₹4.5 Lakhs to ₹7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.