Bajaj Allianz General Insurance Mumbai Business Development Executive Salaries by 2 Employees

1 - 5 years exp.

₹2.1 Lakhs - ₹2.7 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

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Last Updated: 10 Jun 2023

Companies similar to Bajaj Allianz General Insurance for Business Development Executive in Mumbai

Bajaj Allianz General Insurance Business Development Executive Salary

1 - 5 years exp. (AmbitionBox Estimate)

₹2.1 L/yr - ₹2.7 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Business Development Executive Salary 0 - 6 years exp. (13 salaries)	₹3.3 L/yr - ₹6.3 L/yr 133% more
HDFC Life Business Development Executive Salary 2 - 4 years exp. (3 salaries)	₹1.2 L/yr - ₹3.2 L/yr 3% more	2 job openings
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BYJU'S Business Development Executive Salary 0 - 7 years exp. (187 salaries)	₹2.4 L/yr - ₹8.2 L/yr 85% more
Motilal Oswal Financial Services Business Development Executive Salary 0 - 3 years exp. (137 salaries)	₹1.5 L/yr - ₹4.3 L/yr 40% more
Jaro Education Business Development Executive Salary 0 - 4 years exp. (123 salaries)	₹3 L/yr - ₹9 L/yr 162% more

Business Development Executive salary at Bajaj Allianz General Insurance ranges between ₹2.1 Lakhs to ₹2.7 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 2 latest salaries received from various employees of Bajaj Allianz General Insurance.

Similar Designation salaries in Bajaj Allianz General Insurance

Sales Executive Salary

(12 salaries)

₹1.25 L/yr - ₹3.7 L/yr

Senior Sales Executive Salary

(5 salaries)

₹5.05 L/yr - ₹5.65 L/yr

Salary related reviews for Bajaj Allianz General Insurance

5.0

Rated by 1 employees for salary & benefits

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

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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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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How the salary growth look like for a Business Development Executive at Bajaj Allianz General Insurance in Mumbai?

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

Experience	Average Salary Range
1 year	₹1.7 Lakhs to ₹2.2 Lakhs per year
2 years	₹1.8 Lakhs to ₹2.3 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.

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Bajaj Allianz General Insurance Business Development Executive Salaries in Mumbai

Bajaj Allianz General Insurance Business Development Executive salary in Mumbai ranges between ₹2.1 Lakhs to ₹2.7 Lakhs. This is an estimate based on latest salaries received from employees of Bajaj Allianz General Insurance.