Bajaj Allianz General Insurance Agency Development Manager Salaries by 6 Employees (Updated 2025)

5 - 8 years exp.

₹3.7 Lakhs - ₹4.6 Lakhs

Salary of majority employees

At par with the average Agency Development Manager Salary in Insurance Companies for 5 - 8 years of experience

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Salaries in different departments

Sales & Business Development Agency Development Manager Salary 7 - 8 years exp. (3 salaries)	₹4.5 L/yr - ₹4.6 L/yr
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BFSI, Investments & Trading Agency Development Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.7 L/yr

Last Updated: 30 Sep 2024

Companies similar to Bajaj Allianz General Insurance for Agency Development Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Agency Development Manager Salary 0 - 8 years exp. (7 salaries)	₹2.2 L/yr - ₹4.5 L/yr 7% less
HDFC Ergo General Insurance Agency Development Manager Salary 0 - 8 years exp. (57 salaries)	₹2.2 L/yr - ₹4.5 L/yr 22% less
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Reliance General Insurance Agency Development Manager Salary 3 - 12 years exp. (7 salaries)	₹2.2 L/yr - ₹6 L/yr 11% less
Tata AIG Agency Development Manager Salary 1 - 8 years exp. (7 salaries)	₹4 L/yr - ₹5.2 L/yr 1% less
Star Health & Allied Insurance Agency Development Manager Salary 1 - 10 years exp. (165 salaries)	₹2.1 L/yr - ₹5.6 L/yr 22% less
Future Generali India Life Insurance Agency Development Manager Salary 1 - 8 years exp. (6 salaries)	₹2.8 L/yr - ₹5.2 L/yr 6% less
SBI General Insurance Agency Development Manager Salary 1 - 4 years exp. (4 salaries)	₹2.8 L/yr - ₹4.5 L/yr 13% less
Max Life Insurance Agency Development Manager Salary 0 - 13 years exp. (561 salaries)	₹2 L/yr - ₹6.7 L/yr 10% more	33 job openings
HDFC Life Agency Development Manager Salary 2 - 14 years exp. (244 salaries)	₹2.5 L/yr - ₹6.5 L/yr 6% more
Reliance Nippon Life Insurance Agency Development Manager Salary 0 - 8 years exp. (141 salaries)	₹1.2 L/yr - ₹5 L/yr 34% less
ICICI Prudential Life Insurance Agency Development Manager Salary 0 - 9 years exp. (38 salaries)	₹2 L/yr - ₹6.5 L/yr 14% less
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Kotak Mahindara Life Insurance Agency Development Manager Salary 2 - 9 years exp. (19 salaries)	₹1 L/yr - ₹5.5 L/yr 15% less
SBI Life Insurance Company Agency Development Manager Salary 0 - 9 years exp. (17 salaries)	₹2.5 L/yr - ₹4.2 L/yr 17% less
Niva Bupa Health Insurance Company Agency Development Manager Salary 0 - 6 years exp. (15 salaries)	₹2.6 L/yr - ₹5 L/yr 14% less
Bajaj Allianz Life Insurance Agency Development Manager Salary 1 - 9 years exp. (7 salaries)	₹3.1 L/yr - ₹4.5 L/yr 4% less
Tata AIA Life Insurance Agency Development Manager Salary 2 - 9 years exp. (5 salaries)	₹2.8 L/yr - ₹6.3 L/yr 3% less
PNB MetLife Agency Development Manager Salary 6 - 11 years exp. (5 salaries)	₹4.1 L/yr - ₹7.8 L/yr 35% more
Shriram Life Insurance Agency Development Manager Salary 1 - 6 years exp. (4 salaries)	₹2.5 L/yr - ₹3 L/yr 37% less
Aditya Birla Sun Life Insurance Agency Development Manager Salary 1 - 10 years exp. (4 salaries)	₹2.6 L/yr - ₹3.8 L/yr 25% less
Star Union Dai-ichi Life Insurance Agency Development Manager Salary 1 - 16 years exp. (3 salaries)	₹2.5 L/yr - ₹4.5 L/yr 19% less

Agency Development Manager salary at Bajaj Allianz General Insurance ranges between ₹3.7 Lakhs to ₹4.6 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 6 latest salaries received from various employees of Bajaj Allianz General Insurance.

Experience wise Bajaj Allianz General Insurance Agency Development Manager salaries

Last Updated: 30 Sep 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.3 L/yr
6 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.3 L/yr
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7 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.6 L/yr
8 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹4.6 L/yr

Similar Designation salaries in Bajaj Allianz General Insurance

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Business Development Associate Salary

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₹2.3 L/yr - ₹3 L/yr

Deputy Manager Salary

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₹7.25 L/yr - ₹16 L/yr

Regional Manager Salary

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Assistant Sales Manager Salary

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₹5.8 L/yr - ₹9.1 L/yr

Salary related reviews for Bajaj Allianz General Insurance

1.8

Rated by 3 employees for salary & benefits

Senior Sales Manager in Agartala

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 05 Jul 2024

2.0

for Salary and Benefits

Likes

Salary is the only thing I like here

Dislikes

...y it's 6days a week and month end 7days a week now working hours sales timing 9.30am to 7/8pm then policy issuance it's goes upto 1am, then again next day area manager always talking about work on Sunday, if anyone take a leave manager will tell do existing work, then what is the meaning of leave I don't know, now come to the travel part 1/3 salary will goes on the travel, personal life will be destroyed after joining here work pressure like pressure cooker every day conference call after work and tempting your performance not up to the mark in short your family will leave you bcz of not giving family time

Salary - Poor

+6 more

Deputy Manager in Mumbai

Full Time

Sales & Business Development Department

3.0

• posted on 21 Jan 2023

2.0

for Salary and Benefits

Likes

Technology, system driven, best for customers and intermediaries to work with Timely salary Best claim payable insurer

Dislikes

Hell work life balance With limited manpower resource they work No incentive opportunities No Saturday off No work timings

Salary - Poor

+5 more

Senior Business Development Executive (working remotely)

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 14 Oct 2024

4.0

for Salary and Benefits

Likes

Except salary, nothing is in your favour. Work life balance is pathetic. There is no personal life. No holiday. VC and conference call to be attended at night.

Salary - Good

Dislikes

Except salary, nothing in your favour. Work life balance is pathetic. There is no personal life. No holiday. VC and conference call to be attended at night.

Job security - Bad

+4 more

Sales Manager in Bangalore / Bengaluru

Sales & Business Development Department

5.0

• posted on 27 May 2022

5.0

for Salary and Benefits

Likes

My first job started at Bagic only first I joined DM team on 18th Feb 2016 and I have passed On roll exam and moved to Pvt Banca team 20th august -2018 over all very experience in bagic its wonderful company .

Salary - Excellent

+4 more

Dislikes

I am 6.5years old in the company and I have achieved all parameters but every year I got bad rating and my package also less ....so I am not happy with this ...

Promotions - Poor

Sales Officer in Kolkata

Other Department

2.0

• posted on 30 Apr 2022

3.0

for Salary and Benefits

Likes

Official job is good

Dislikes

Salary structure is so poor,not secure job.This is commission/insentives/pay out based job.I am sorry to say now a days all insurance companies became a broker based job.You can give payout to brokers for each & every policies.

Work satisfaction - Poor

+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 Allianz General Insurance Agency Development Manager Salary FAQs

What is the salary of Agency Development Manager at Bajaj Allianz General Insurance?

Agency Development Manager salary at Bajaj Allianz General Insurance in India ranges between ₹3.7 Lakhs to ₹4.6 Lakhs for experience between 5 years to 8 years. According to our estimates it is 2% less than the average Agency Development Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Bajaj Allianz General Insurance India.

How does the salary of a Agency Development Manager at Bajaj Allianz General Insurance India compare with the average salary range for this job?

The average salary of a Agency Development Manager at Bajaj Allianz General Insurance is 2% less than the average salary of a Agency Development Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Bajaj Allianz General Insurance to a Agency Development Manager in India?

PNB MetLife Agency Development Manager Salary - ₹4.1 Lakhs to ₹7.8 Lakhs per year
Max Life Insurance Agency Development Manager Salary - ₹2.0 Lakhs to ₹6.7 Lakhs per year
HDFC Life Agency Development Manager Salary - ₹2.5 Lakhs to ₹6.5 Lakhs per year

What is the salary of a Agency Development Manager in companies similar to Bajaj Allianz General Insurance in India?

Tata AIG Agency Development Manager Salary - ₹4.0 Lakhs to ₹5.2 Lakhs per year
Tata AIA Life Insurance Agency Development Manager Salary - ₹2.8 Lakhs to ₹6.3 Lakhs per year
Bajaj Allianz Life Insurance Agency Development Manager Salary - ₹3.1 Lakhs to ₹4.5 Lakhs per year
Future Generali India Life Insurance Agency Development Manager Salary - ₹2.8 Lakhs to ₹5.2 Lakhs per year
ICICI Lombard General Insurance Company Agency Development Manager Salary - ₹2.2 Lakhs to ₹4.5 Lakhs per year

What is the estimated take home salary of a Agency Development Manager at Bajaj Allianz General Insurance in India?

The estimated take-home salary of a Agency Development Manager at Bajaj Allianz General Insurance ranges between ₹31,968 per month to ₹33,253 per month in India. The take-home salary calculation is based on the average Bajaj Allianz General Insurance Agency Development Manager salary in India which ranges between ₹3.7 Lakhs to ₹4.6 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 Agency Development Manager at Bajaj Allianz General Insurance?

According to AmbitionBox, 60% of the Bajaj Allianz General Insurance Agency Development Managers reported a notice period of 1 Month, 40% reported a notice period of 15 days or less.This is based on 5 responses on AmbitionBox in last 2 years.

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Bajaj Allianz General Insurance Agency Development Manager Salaries

Bajaj Allianz General Insurance Agency Development Manager salary in India ranges between ₹3.7 Lakhs to ₹4.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Bajaj Allianz General Insurance latest salaries received from various employees of Bajaj Allianz General Insurance.