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Bajaj Allianz General Insurance Business Development Executive salaries in India

Annual salary range
1 - 7 years exp.
₹1.8 Lakh - ₹3 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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41% less than the average Business Development Executive Salary in Insurance Companies for 1 - 7 years of experience

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Salaries in different departments

Sales & Business Development
Business Development Executive Salary
2 - 7 years exp. (3 salaries)
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₹1.8 L/yr - ₹2.6 L/yr

Marketing & Communication
Business Development Executive Salary
1 - 7 years exp. (AmbitionBox Estimate)
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₹2.2 L/yr - ₹3 L/yr

Last Updated: 13 Jul 2023

Companies similar to Bajaj Allianz General Insurance for Business Development Executive

Company name Avg Annual Salary Open Jobs
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₹2 L/yr - ₹4.5 L/yr

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₹2.5 L/yr - ₹6.9 L/yr

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₹2 L/yr - ₹4.5 L/yr

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₹1.4 L/yr - ₹4 L/yr

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Logo
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₹1.2 L/yr - ₹4.4 L/yr

arrow icon 22% more
2 job openings
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₹2.4 L/yr - ₹6 L/yr

arrow icon 78% more
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₹2.4 L/yr - ₹4.1 L/yr

arrow icon 53% more
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₹1.2 L/yr - ₹4.7 L/yr

arrow icon 42% more
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₹1.8 L/yr - ₹4.5 L/yr

arrow icon 24% more
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₹1.8 L/yr - ₹4.8 L/yr

arrow icon 35% more
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₹2.7 L/yr - ₹5 L/yr

arrow icon 40% more
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₹2.4 L/yr - ₹3.6 L/yr

arrow icon 43% more
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₹2.4 L/yr - ₹5 L/yr

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₹1.6 L/yr - ₹4.3 L/yr

arrow icon 24% more
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₹2 L/yr - ₹3.1 L/yr

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₹8.1 L/yr - ₹12.5 L/yr

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₹2.5 L/yr - ₹2.9 L/yr

arrow icon 16% more
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₹1.2 L/yr - ₹13.8 L/yr

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₹2.8 L/yr - ₹5.5 L/yr

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Business Development Executive salary at Bajaj Allianz General Insurance ranges between ₹1.8 Lakh to ₹3 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 6 latest salaries received from various employees of Bajaj Allianz General Insurance.

Latest annual salaries shared by Bajaj Allianz General Insurance Business Development Executive

1y ago
₹3 Lakhs
7 years exp.
1y ago
₹2.2 Lakhs
1 year exp.
1y ago
₹2.6 Lakhs
5 years exp.
1y ago
₹1.8 Lakh
2 years exp.
1y ago
₹2.6 Lakhs
7 years exp.
1y ago
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5 years exp.

Experience wise Bajaj Allianz General Insurance Business Development Executive salaries

Last Updated: 13 Jul 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹0.8 L/yr - ₹2.2 L/yr
2 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹3.7 L/yr
3 years (AmbitionBox Estimate)

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₹2 L/yr - ₹2.5 L/yr
4 years (AmbitionBox Estimate)

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₹2.1 L/yr - ₹2.7 L/yr
5 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹2.6 L/yr
View all

Similar Designation salaries in Bajaj Allianz General Insurance

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₹4.85 L/yr - ₹6.8 L/yr
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₹2.1 L/yr - ₹4 L/yr
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₹2.3 L/yr - ₹3 L/yr
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₹3.5 L/yr - ₹7 L/yr
Business Executive Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr
Inside Sales Executive Salary
(AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.5 L/yr
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₹1.5 L/yr - ₹4.15 L/yr
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₹2.5 L/yr - ₹6.6 L/yr
Sales Executive Salary
(238 salaries)
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₹1.05 L/yr - ₹6 L/yr
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₹1.5 L/yr - ₹4.3 L/yr

Salary related reviews for Bajaj Allianz General Insurance

1.0

Rated by 2 employees for salary & benefits

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.

read more
  • 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.

read more
  • Job security - Bad
  • +4 more

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 .

read more
  • 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 ...

read more
  • Promotions - Poor

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.

read more
  • Work satisfaction - Poor
  • +1 more

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 .

read more
  • Salary - Bad
  • +1 more

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

read more
  • 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

read more
  • Promotions - Poor
see more salary related reviews

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Bajaj Allianz General Insurance Business Development Executive Salary FAQs

What is the salary of Business Development Executive at Bajaj Allianz General Insurance ?
The average salary of a Business Development Executive at Bajaj Allianz General Insurance in India typically ranges from ₹1.8 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Business Development Executive at Bajaj Allianz General Insurance earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Business Development 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 6 Bajaj Allianz General Insurance employees in India.
What is the estimated take home salary of a Business Development Executive at Bajaj Allianz General Insurance in India?
The estimated take-home salary of a Business Development Executive at Bajaj Allianz General Insurance in India typically ranges from ₹16,198 to ₹17,870 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 1 year to 7 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 6 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 Business Development Executive in India?
The New India Assurance Co. ₹8.1 Lakhs to ₹12.5 Lakhs per year
The Oriental Insurance Co. ₹1.2 Lakhs to ₹13.8 Lakhs per year
ICICI Lombard General Insurance Company ₹2.5 Lakhs to ₹6.9 Lakhs per year
Reliance General Insurance ₹2.8 Lakhs to ₹5.5 Lakhs per year
ICICI Prudential Life Insurance ₹2.4 Lakhs to ₹6.0 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 Business Development Executive in companies similar to Bajaj Allianz General Insurance in India?
The salary of a Business Development 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:

Bajaj Allianz Life Insurance ₹2.4 Lakhs to ₹4.1 Lakhs per year
PNB MetLife ₹2.4 Lakhs to ₹5.0 Lakhs per year
SBI Life Insurance Company ₹2.0 Lakhs to ₹4.5 Lakhs per year
Star Union Dai-ichi Life Insurance ₹2.4 Lakhs to ₹3.6 Lakhs per year
Kotak Mahindara Life Insurance ₹1.2 Lakhs to ₹4.7 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 Business Development Executive at Bajaj Allianz General Insurance in India?
The salary growth for a Business Development Executive at Bajaj Allianz General Insurance depends on factors such as experience, performance, and promotions. On average, a Business Development Executive can expect the following growth trajectory at Bajaj Allianz General Insurance:

Experience Average Salary Range
1 year ₹0.8 Lakhs to ₹2.2 Lakhs per year
2 years ₹1.8 Lakhs to ₹3.7 Lakhs per year
3 years ₹2.0 Lakhs to ₹2.5 Lakhs per year
4 years ₹2.1 Lakhs to ₹2.7 Lakhs per year
and so on.

Tell us how to improve this page.

Bajaj Allianz General Insurance Business Development Executive salary in India ranges between ₹1.8 Lakh to ₹3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Bajaj Allianz General Insurance latest salaries received from various employees of Bajaj Allianz General Insurance.