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Bajaj Allianz General Insurance Business Development Manager salaries in India

Annual salary range
3 - 12 years exp.
₹3.5 Lakhs - ₹7 Lakhs
Salary of majority employees
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33% less than the average Business Development Manager Salary in Insurance Companies for 3 - 12 years of experience

Interested in this particular role? 18 job openings

Salaries in different departments

Sales & Business Development
Business Development Manager Salary
3 - 12 years exp. (37 salaries)
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₹3.6 L/yr - ₹6.5 L/yr

BFSI, Investments & Trading
Business Development Manager Salary
3 - 12 years exp. (34 salaries)
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₹3.5 L/yr - ₹7 L/yr

Marketing & Communication
Business Development Manager Salary
3 - 9 years exp. (5 salaries)
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₹4.1 L/yr - ₹5.6 L/yr

Customer Success, Service & Operations
Business Development Manager Salary
4 - 6 years exp. (3 salaries)
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₹5.1 L/yr - ₹5.5 L/yr

Finance & Accounting
Business Development Manager Salary
5 - 9 years exp. (3 salaries)
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₹4 L/yr - ₹5.5 L/yr

Last Updated: 27 Jan 2025

Companies similar to Bajaj Allianz General Insurance for Business Development Manager

Company name Avg Annual Salary Open Jobs
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₹1.1 L/yr - ₹9.1 L/yr

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₹2.7 L/yr - ₹5.4 L/yr

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₹4.4 L/yr - ₹7.8 L/yr

arrow icon 52% more
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Tata AIG Business Development Manager Salary

2 - 10 years exp. (18 salaries)

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₹3.1 L/yr - ₹6 L/yr

arrow icon 17% less
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₹2.4 L/yr - ₹8.8 L/yr

arrow icon 15% less
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HDFC Life Business Development Manager Salary

0 - 11 years exp. (1.4k salaries)

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₹1.5 L/yr - ₹5 L/yr

arrow icon 28% less
14 job openings
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₹1.9 L/yr - ₹7 L/yr

arrow icon 4% less
1 job opening
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₹1.6 L/yr - ₹5.1 L/yr

arrow icon 26% less
10 job openings
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₹3 L/yr - ₹6 L/yr

arrow icon 15% less
2 job openings
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₹2.2 L/yr - ₹7.5 L/yr

arrow icon 5% more
5 job openings
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₹2.6 L/yr - ₹6.2 L/yr

arrow icon 16% less
1 job opening
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₹3 L/yr - ₹5.5 L/yr

arrow icon 16% less
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₹1.9 L/yr - ₹5.6 L/yr

arrow icon 24% less
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₹2.2 L/yr - ₹10.3 L/yr

arrow icon 15% more
2 job openings
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₹2 L/yr - ₹7.2 L/yr

arrow icon 36% less
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₹2.8 L/yr - ₹9 L/yr

At par
9 job openings
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₹1.8 L/yr - ₹6 L/yr

arrow icon 16% less
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₹3.5 L/yr - ₹7 L/yr

arrow icon 2% more
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₹2 L/yr - ₹6.5 L/yr

arrow icon 30% less
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₹2 L/yr - ₹5.8 L/yr

arrow icon 23% less
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Business Development Manager salary at Bajaj Allianz General Insurance ranges between ₹3.5 Lakhs to ₹7 Lakhs per year for employees with experience between 3 years to 12 years. Salary estimates are based on 97 latest salaries received from various employees of Bajaj Allianz General Insurance.

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

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Experience wise Bajaj Allianz General Insurance Business Development Manager salaries

Last Updated: 27 Jan 2025

Experience Avg Annual Salary
3 years  (7 salaries)

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₹4 L/yr - ₹5.6 L/yr
4 years  (6 salaries)

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₹4 L/yr - ₹5.6 L/yr
5 years  (16 salaries)

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₹4 L/yr - ₹7 L/yr
6 years  (10 salaries)

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₹3.6 L/yr - ₹6.5 L/yr
7 years  (10 salaries)

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₹3.5 L/yr - ₹5.9 L/yr
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Similar Designation salaries in Bajaj Allianz General Insurance

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₹4.45 L/yr - ₹5.8 L/yr
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₹2.3 L/yr - ₹3 L/yr
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₹1.8 L/yr - ₹3 L/yr
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₹3.9 L/yr - ₹6.25 L/yr
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₹9 L/yr - ₹27.3 L/yr
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₹5.8 L/yr - ₹9.1 L/yr
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₹4.85 L/yr - ₹6.8 L/yr
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₹3 L/yr - ₹9 L/yr
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₹3 L/yr - ₹12 L/yr
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₹2.6 L/yr - ₹6.5 L/yr

Top skills at Bajaj Allianz General Insurance for Business Development Manager

Team Development Health Insurance Operations Business Strategy Recruitment Salesforce Software Configuration Management Private Banking Health Insurance Sales Business Strategy Business Development Management Management Operations Banking

Salary related reviews for Bajaj Allianz General Insurance

3.5

Rated by 23 employees for salary & benefits

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

read more
  • Salary - Poor
  • +6 more

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

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Dislikes

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

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  • Salary - Poor
  • +5 more

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 ...

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  • 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.

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  • Work satisfaction - Poor
  • +1 more
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Bajaj Allianz General Insurance Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Bajaj Allianz General Insurance?
Business Development Manager salary at Bajaj Allianz General Insurance in India ranges between ₹3.5 Lakhs to ₹7.0 Lakhs for experience between 3 years to 12 years. According to our estimates it is 33% less than the average Business Development Manager Salary in India. Salary estimates are based on 97 latest salaries received from various employees of Bajaj Allianz General Insurance India.
How does the salary of a Business Development Manager at Bajaj Allianz General Insurance India compare with the average salary range for this job?
The average salary of a Business Development Manager at Bajaj Allianz General Insurance is 33% less than the average salary of a Business Development Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Business Development Manager at Bajaj Allianz General Insurance?
Team Development, Health Insurance, Operations, Business Strategy and Recruitment are some of the popular skills required to work as a Business Development Manager at Bajaj Allianz General Insurance India.
Which similar companies are paying more than Bajaj Allianz General Insurance to a Business Development Manager in India?
  • The Oriental Insurance Co. Business Development Manager Salary - ₹11.4 Lakhs to ₹24.6 Lakhs per year
  • Gallagher Business Development Manager Salary - ₹10.0 Lakhs to ₹10.8 Lakhs per year
  • Reliance General Insurance Business Development Manager Salary - ₹4.4 Lakhs to ₹7.8 Lakhs per year
  • Kotak Mahindara Life Insurance Business Development Manager Salary - ₹2.2 Lakhs to ₹10.3 Lakhs per year
  • Max Life Insurance Business Development Manager Salary - ₹2.2 Lakhs to ₹7.5 Lakhs per year
What is the salary of a Business Development Manager in companies similar to Bajaj Allianz General Insurance in India?
  • Future Generali India Life Insurance Business Development Manager Salary - ₹3.5 Lakhs to ₹7.0 Lakhs per year
  • Star Union Dai-ichi Life Insurance Business Development Manager Salary - ₹2.8 Lakhs to ₹9.0 Lakhs per year
  • SBI Life Insurance Company Business Development Manager Salary - ₹1.9 Lakhs to ₹7.0 Lakhs per year
  • Canara HSBC Life Insurance Business Development Manager Salary - ₹2.5 Lakhs to ₹6.2 Lakhs per year
  • HDFC Ergo General Insurance Business Development Manager Salary - ₹2.7 Lakhs to ₹5.4 Lakhs per year
What is the estimated take home salary of a Business Development Manager at Bajaj Allianz General Insurance in India?
The estimated take-home salary of a Business Development Manager at Bajaj Allianz General Insurance ranges between ₹37,929 per month to ₹39,125 per month in India. The take-home salary calculation is based on the average Bajaj Allianz General Insurance Business Development Manager salary in India which ranges between ₹3.5 Lakhs to ₹7.0 Lakhs per year for employees with experience between 3 years to 12 years. Check how did we calculate take home salary?
What is the notice period for Business Development Manager at Bajaj Allianz General Insurance?
According to AmbitionBox, 36% of the Bajaj Allianz General Insurance Business Development Managers reported a notice period of 3 Months, 33% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 73 responses on AmbitionBox in last 2 years.

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Bajaj Allianz General Insurance Business Development Manager salary in India ranges between ₹3.5 Lakhs to ₹7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 97 Bajaj Allianz General Insurance latest salaries received from various employees of Bajaj Allianz General Insurance.