Bajaj Allianz General Insurance Renewal Executive Salaries by 9 Employees

1 - 5 years exp.

₹1.5 Lakh - ₹3.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

28% less than the average Renewal Executive Salary in Insurance Companies for 1 - 5 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Renewal Executive Salary 3 - 5 years exp. (4 salaries)	₹1.7 L/yr - ₹3.6 L/yr
Login to view exact salary
Customer Success, Service & Operations Renewal Executive Salary 1 - 5 years exp. (4 salaries)	₹1.5 L/yr - ₹3 L/yr

Last Updated: 16 Jan 2024

Companies similar to Bajaj Allianz General Insurance for Renewal Executive

Company name	Avg Annual Salary	Open Jobs
HDFC Ergo General Insurance Renewal Executive Salary 1 - 6 years exp. (32 salaries)	₹1.2 L/yr - ₹5 L/yr 29% more
Star Health & Allied Insurance Renewal Executive Salary 0 - 6 years exp. (25 salaries)	₹1.8 L/yr - ₹4.3 L/yr 31% more
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Niva Bupa Health Insurance Company Renewal Executive Salary 0 - 5 years exp. (26 salaries)	₹2.5 L/yr - ₹4.3 L/yr 52% more
SBI General Insurance Renewal Executive Salary 2 - 6 years exp. (8 salaries)	₹2.9 L/yr - ₹4.2 L/yr 67% more
Star Union Dai-ichi Life Insurance Renewal Executive Salary 1 - 4 years exp. (7 salaries)	₹1.9 L/yr - ₹3.2 L/yr 18% more
Shriram Life Insurance Renewal Executive Salary 0 - 3 years exp. (5 salaries)	₹1.9 L/yr - ₹2.4 L/yr 3% more
Bajaj Allianz Life Insurance Renewal Executive Salary 1 - 4 years exp. (5 salaries)	₹1 L/yr - ₹2 L/yr 28% less
HDFC Life Renewal Executive Salary 1 - 3 years exp. (5 salaries)	₹0.6 L/yr - ₹4.2 L/yr 23% more
ICICI Lombard General Insurance Company Renewal Executive Salary 1 - 4 years exp. (4 salaries)	₹1.4 L/yr - ₹2 L/yr 16% less

Renewal Executive salary at Bajaj Allianz General Insurance ranges between ₹1.5 Lakh to ₹3.6 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 9 latest salaries received from various employees of Bajaj Allianz General Insurance.

Latest annual salaries shared by Bajaj Allianz General Insurance Renewal Executive

1y ago

₹1.8 Lakh

1 year exp.

1y ago

₹3.6 Lakhs

4 years exp.

1y ago

₹1.7 Lakh

4 years exp.

1y ago

₹2 Lakhs

4 years exp.

1y ago

₹3 Lakhs

5 years exp.

1y ago

5 years exp.

1y ago

4 years exp.

1y ago

3 years exp.

1y ago

5 years exp.

Experience wise Bajaj Allianz General Insurance Renewal Executive salaries

Last Updated: 16 Jan 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹3.5 L/yr
2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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3 years (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.3 L/yr
4 years (4 salaries)	₹1.7 L/yr - ₹3.6 L/yr
5 years (3 salaries)	₹1.5 L/yr - ₹3 L/yr

Similar Designation salaries in Bajaj Allianz General Insurance

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(238 salaries)

₹1.05 L/yr - ₹6 L/yr

MIS Executive Salary

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₹1.6 L/yr - ₹5 L/yr

Operations Executive Salary

(89 salaries)

₹1 L/yr - ₹5.5 L/yr

Back Office Executive Salary

(62 salaries)

₹1.2 L/yr - ₹4 L/yr

Customer Care Executive Salary

(10 salaries)

₹2.05 L/yr - ₹3.2 L/yr

Team Lead Salary

(79 salaries)

₹1.9 L/yr - ₹9 L/yr

Analyst Salary

(5 salaries)

₹6.75 L/yr - ₹12 L/yr

Senior Associate Salary

(5 salaries)

₹2.35 L/yr - ₹6 L/yr

Senior Officer Salary

(18 salaries)

₹2 L/yr - ₹3.6 L/yr

Customer Service Executive Salary

(33 salaries)

₹1 L/yr - ₹4.95 L/yr

Salary related reviews for Bajaj Allianz General Insurance

2.0

Rated by 1 employees for salary & benefits

Back Office Executive in Kolkata

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 06 Jan 2025

4.0

for Salary and Benefits

Likes

Several opportunities and with in time salary for each and everyone.

Salary - Good

+3 more

Dislikes

Worst work life balance that I ever seen and experienced in bajaj motor claim department. And for me that's the main thing for a human being.

Work-life balance - Bad

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

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

Sales Executive in Chennai

Banca assurance Department

4.0

• posted on 04 Apr 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+2 more

Dislikes

Promotions - Poor

Sales Executive in Kolkata

Marketing & Communication Department

4.0

• posted on 02 Jul 2018

4.0

for Salary and Benefits

Likes

The work culture is good and the pay scale is good

Salary - Good

+5 more

Dislikes

Basically I like the company but I didn't like the insurance industry. I am not comfortable working in the insurance industry and I want to change the insurance industry.

Work satisfaction - Poor

see more salary related reviews

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Bajaj Allianz General Insurance Renewal Executive Salary FAQs

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

The average salary of a Renewal Executive at Bajaj Allianz General Insurance in India typically ranges from ₹1.5 Lakhs to ₹3.6 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Renewal Executive at Bajaj Allianz General Insurance earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Renewal 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 9 Bajaj Allianz General Insurance employees in India.

What is the estimated take home salary of a Renewal Executive at Bajaj Allianz General Insurance in India?

The estimated take-home salary of a Renewal Executive at Bajaj Allianz General Insurance in India typically ranges from ₹14,576 to ₹16,106 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from 1 year to 5 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 9 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 Renewal Executive in India?

SBI General Insurance	₹2.9 Lakhs to ₹4.2 Lakhs per year
Niva Bupa Health Insurance Company	₹2.5 Lakhs to ₹4.3 Lakhs per year
Star Health & Allied Insurance	₹1.8 Lakhs to ₹4.3 Lakhs per year
HDFC Ergo General Insurance	₹1.2 Lakhs to ₹5.0 Lakhs per year
HDFC Life	₹0.6 Lakhs to ₹4.2 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 Renewal Executive in companies similar to Bajaj Allianz General Insurance in India?

The salary of a Renewal 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:

Star Union Dai-ichi Life Insurance	₹1.9 Lakhs to ₹3.2 Lakhs per year
Shriram Life Insurance	₹1.9 Lakhs to ₹2.4 Lakhs per year
ICICI Lombard General Insurance Company	₹1.4 Lakhs to ₹2.0 Lakhs per year
Bajaj Allianz Life Insurance	₹1.0 Lakhs to ₹2.0 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 Renewal Executive at Bajaj Allianz General Insurance in India?

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

Experience	Average Salary Range
1 year	₹1.8 Lakhs to ₹3.5 Lakhs per year
2 years	₹1.8 Lakhs to ₹2.3 Lakhs per year
3 years	₹0.8 Lakhs to ₹2.3 Lakhs per year
4 years	₹1.7 Lakhs to ₹3.6 Lakhs per year

and so on.

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Bajaj Allianz General Insurance Renewal Executive Salaries

Bajaj Allianz General Insurance Renewal Executive salary in India ranges between ₹1.5 Lakh to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Bajaj Allianz General Insurance latest salaries received from various employees of Bajaj Allianz General Insurance.