Bajaj Allianz General Insurance Agency Executive Salaries by 4 Employees

0 - 4 years exp.

₹1.4 Lakh - ₹4.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

23% more than the average Agency Executive Salary in Insurance Companies for 0 - 4 years of experience

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Salaries in different departments

Sales & Business Development Agency Executive Salary 0 - 4 years exp. (AmbitionBox Estimate)	₹1.3 L/yr - ₹1.5 L/yr
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Marketing & Communication Agency Executive Salary 1 year exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr

Last Updated: 30 May 2024

Companies similar to Bajaj Allianz General Insurance for Agency Executive

Company name	Avg Annual Salary	Open Jobs
HDFC Ergo General Insurance Agency Executive Salary 0 - 5 years exp. (4 salaries)	₹3 L/yr - ₹3.4 L/yr 29% more
Synergy Maritime Agency Executive Salary 0 - 2 years exp. (5 salaries)	₹3 L/yr - ₹3.2 L/yr 24% more
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Teleperformance Agency Executive Salary 0 - 1 year exp. (3 salaries)	₹1 L/yr - ₹3 L/yr 15% less
Life Insurance Corporation of India Agency Executive Salary 5 years exp. (3 salaries)	₹1.8 L/yr - ₹2.9 L/yr 7% less
Cholamandalam MS General Insurance Agency Executive Salary 3 - 6 years exp. (3 salaries)	₹2.7 L/yr - ₹4.5 L/yr 54% more

Agency Executive salary at Bajaj Allianz General Insurance ranges between ₹1.4 Lakh to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Allianz General Insurance.

Experience wise Bajaj Allianz General Insurance Agency Executive salaries

Last Updated: 30 May 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.3 L/yr - ₹1.7 L/yr
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
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2 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr

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Salary related reviews for Bajaj Allianz General Insurance

4.0

Rated by 1 employees for salary & benefits

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

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

Sales Manager in Siiguri

BFSI, Investments & Trading Department

4.0

• posted on 04 Jun 2022

1.0

for Salary and Benefits

Likes

Company policy are very sharp and easy to maintain.

Skill development - Excellent

+4 more

Dislikes

...then the security of future life is more happiness than compare to present life.salary growth is very slow .There is a contract for 6 months .

Salary - Bad

+1 more

Team Lead in Navi Mumbai

BFSI, Investments & Trading Department

5.0

• posted on 13 Dec 2020

5.0

for Salary and Benefits

Likes

Worked in Bajaj Allianz since last 5 years and defenitely I have excellent learning experience in this company. Job security is good even in COVID we were getting our full paymet in every month . Good bonus , leaves and most important is best team mates I have ever work with. Working with such team mates was never boring. Best experience

Salary - Excellent

+5 more

Dislikes

Less salary and increment for offroll people. Best benefits for onroll people's. If we want growth in this company then we should be on onroll position rest all is good

Promotions - Poor

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

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Bajaj Allianz General Insurance Agency Executive Salary FAQs

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

The average salary of a Agency Executive at Bajaj Allianz General Insurance in India typically ranges from ₹1.4 Lakhs to ₹4.5 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Agency Executive at Bajaj Allianz General Insurance earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Agency Executive Salaries at Bajaj Allianz General 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 General Insurance employees in India.

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

The estimated take-home salary of a Agency Executive at Bajaj Allianz General Insurance in India typically ranges from ₹17,600 to ₹19,299 per month. This is based on the average salary range of ₹1.4 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from Fresher to 4 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 General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Bajaj Allianz General Insurance for Agency Executive in India?

Cholamandalam MS General Insurance	₹2.7 Lakhs to ₹4.5 Lakhs per year
HDFC Ergo General Insurance	₹3.0 Lakhs to ₹3.4 Lakhs per year
Synergy Maritime	₹3.0 Lakhs to ₹3.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bajaj Allianz General Insurance, depending on the role and experience level.

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

The salary of a Agency Executive at companies similar to Bajaj Allianz General Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Life Insurance Corporation of India	₹1.8 Lakhs to ₹2.9 Lakhs per year
Teleperformance	₹1.0 Lakhs to ₹3.0 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 Agency Executive at Bajaj Allianz General Insurance in India?

The salary growth for a Agency Executive at Bajaj Allianz General Insurance depends on factors such as experience, performance, and promotions. On average, a Agency Executive can expect the following growth trajectory at Bajaj Allianz General Insurance:

Experience	Average Salary Range
Fresher	₹1.3 Lakhs to ₹1.7 Lakhs per year
1 year	₹2.0 Lakhs to ₹2.5 Lakhs per year
2 years	₹2.6 Lakhs to ₹3.3 Lakhs per year
3 years	₹3.2 Lakhs to ₹4.1 Lakhs per year

and so on.

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Bajaj Allianz General Insurance Agency Executive Salaries

Bajaj Allianz General Insurance Agency Executive salary in India ranges between ₹1.4 Lakh to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bajaj Allianz General Insurance latest salaries received from various employees of Bajaj Allianz General Insurance.