Bajaj Allianz General Insurance Cluster Business Head Salaries by 3 Employees (Updated 2024)

11 - 16 years exp.

₹7.2 Lakhs - ₹16.5 Lakhs

Low Confidence

Salary of majority employees

22% less than the average Cluster Business Head Salary in Insurance Companies for 11 - 16 years of experience

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Last Updated: 23 May 2024

Companies similar to Bajaj Allianz General Insurance for Cluster Business Head

Company name	Avg Annual Salary	Open Jobs
Reliance General Insurance Cluster Business Head Salary 15 - 16 years exp. (3 salaries)	₹13 L/yr - ₹15.5 L/yr 42% more
Canara HSBC Life Insurance Cluster Business Head Salary 6 - 18 years exp. (187 salaries)	₹5 L/yr - ₹13 L/yr 16% less
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Tata AIA Life Insurance Cluster Business Head Salary 14 - 16 years exp. (3 salaries)	₹14.5 L/yr - ₹18.5 L/yr 54% more
Hinduja Housing Finance Cluster Business Head Salary 5 - 13 years exp. (156 salaries)	₹4.1 L/yr - ₹12 L/yr 26% less
IIFL Home Finance Cluster Business Head Salary 9 - 15 years exp. (36 salaries)	₹8 L/yr - ₹15 L/yr 10% more

Cluster Business Head salary at Bajaj Allianz General Insurance ranges between ₹7.2 Lakhs to ₹16.5 Lakhs per year for employees with experience between 11 years to 16 years. Salary estimates are based on 3 latest salaries received from various employees of Bajaj Allianz General Insurance.

Experience wise Bajaj Allianz General Insurance Cluster Business Head salaries

Last Updated: 23 May 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹14.9 L/yr - ₹19 L/yr
14 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
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15+ years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr

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Salary related reviews for Bajaj Allianz General Insurance

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

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

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 .

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 ...

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.

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.

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 .

see more salary related reviews

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a technical project manager

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Bajaj Allianz General Insurance Cluster Business Head Salary FAQs

What is the notice period for Cluster Business Head at Bajaj Allianz General Insurance?

According to AmbitionBox, 67% of the Bajaj Allianz General Insurance Cluster Business Heads reported a notice period of 3 Months, 33% reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Bajaj Allianz General Insurance Cluster Business Head Salaries

Bajaj Allianz General Insurance Cluster Business Head salary in India ranges between ₹7.2 Lakhs to ₹16.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Bajaj Allianz General Insurance latest salaries received from various employees of Bajaj Allianz General Insurance.