Bajaj Allianz General Insurance General Insurance Executive Salaries by 6 Employees

0 - 8 years exp.

₹2.1 Lakhs - ₹3.7 Lakhs

Avg. annual salary

Monthly In-hand Salary

23% more than the average General Insurance Executive Salary in Insurance Companies for 0 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading General Insurance Executive Salary 1 - 3 years exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.4 L/yr
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Sales & Business Development General Insurance Executive Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹3.8 L/yr

Last Updated: 6 Jul 2024

Companies similar to Bajaj Allianz General Insurance for General Insurance Executive

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company General Insurance Executive Salary 1 - 5 years exp. (9 salaries)	₹2 L/yr - ₹5 L/yr 8% less
Tata AIG General Insurance Executive Salary 4 - 8 years exp. (6 salaries)	₹3 L/yr - ₹5.5 L/yr 10% less
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United India Insurance Company General Insurance Executive Salary 2 - 6 years exp. (4 salaries)	₹1.7 L/yr - ₹4.5 L/yr 21% less
Canara HSBC Life Insurance General Insurance Executive Salary 4 - 6 years exp. (3 salaries)	₹3.5 L/yr - ₹3.7 L/yr 7% more
The New India Assurance Co. General Insurance Executive Salary 2 - 10 years exp. (3 salaries)	₹1 L/yr - ₹2.3 L/yr 31% less
Bajaj Allianz Life Insurance General Insurance Executive Salary 1 - 8 years exp. (3 salaries)	₹2.6 L/yr - ₹3.4 L/yr 7% less
Reliance General Insurance General Insurance Executive Salary 0 - 4 years exp. (3 salaries)	₹2.4 L/yr - ₹3.1 L/yr 20% less

General Insurance Executive salary at Bajaj Allianz General Insurance ranges between ₹2.1 Lakhs to ₹3.7 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 6 latest salaries received from various employees of Bajaj Allianz General Insurance.

Experience wise Bajaj Allianz General Insurance General Insurance Executive salaries

Last Updated: 6 Jul 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.5 L/yr
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹3.5 L/yr
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2 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.8 L/yr
3 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.9 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.1 L/yr
7 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
8 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.7 L/yr

View all

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Salary related reviews for Bajaj Allianz General Insurance

4.2

Rated by 6 employees for salary & benefits

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

Salary - Poor

+6 more

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

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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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Bajaj Allianz General Insurance General Insurance Executive Salary FAQs

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

The average salary of a General Insurance Executive at Bajaj Allianz General Insurance in India typically ranges from ₹2.1 Lakhs to ₹3.7 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of General Insurance Executive at Bajaj Allianz General Insurance earn more than ₹3.7 Lakhs per year, and the top 1% earn over ₹3.7 Lakhs per year. General Insurance 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 General Insurance Executive at Bajaj Allianz General Insurance in India?

The estimated take-home salary of a General Insurance Executive at Bajaj Allianz General Insurance in India typically ranges from ₹24,270 to ₹25,719 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹3.7 Lakhs per year for employees with experience ranging from Fresher to 8 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 General Insurance Executive in India?

Canara HSBC Life Insurance

₹3.5 Lakhs to ₹3.7 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 General Insurance Executive in companies similar to Bajaj Allianz General Insurance in India?

The salary of a General Insurance 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	₹2.6 Lakhs to ₹3.4 Lakhs per year
ICICI Lombard General Insurance Company	₹2.0 Lakhs to ₹5.0 Lakhs per year
Tata AIG	₹3.0 Lakhs to ₹5.5 Lakhs per year
Reliance General Insurance	₹2.4 Lakhs to ₹3.1 Lakhs per year
United India Insurance Company	₹1.7 Lakhs to ₹4.5 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 General Insurance Executive at Bajaj Allianz General Insurance in India?

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

Experience	Average Salary Range
Fresher	₹1.3 Lakhs to ₹3.5 Lakhs per year
1 year	₹2.0 Lakhs to ₹3.5 Lakhs per year
2 years	₹2.9 Lakhs to ₹3.8 Lakhs per year
3 years	₹2.0 Lakhs to ₹5.9 Lakhs per year

and so on.

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Bajaj Allianz General Insurance General Insurance Executive Salaries by Location

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Bajaj Allianz General Insurance General Insurance Executive Salaries

Bajaj Allianz General Insurance General Insurance Executive salary in India ranges between ₹2.1 Lakhs to ₹3.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Bajaj Allianz General Insurance latest salaries received from various employees of Bajaj Allianz General Insurance.

Bajaj Allianz General Insurance General Insurance Executive salaries in India

Companies similar to Bajaj Allianz General Insurance for General Insurance Executive

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

Experience wise Bajaj Allianz General Insurance General Insurance Executive salaries

Similar Designation salaries in Bajaj Allianz General Insurance

Salary related reviews for Bajaj Allianz General Insurance

Senior Sales Manager in Agartala

Deputy Manager in Mumbai

Sales Manager in Bangalore / Bengaluru

Sales Officer in Kolkata

Sales Manager in Siiguri

Bajaj Allianz General Insurance General Insurance Executive Salary FAQs

Tell us how to improve this page.

Bajaj Allianz General Insurance General Insurance Executive Salaries by Location