Bajaj Allianz General Insurance Renewal Retention Executive Salaries by 4 Employees (Updated 2025)

5 - 9 years exp.

₹3.4 Lakhs - ₹5 Lakhs

Avg. annual salary

Monthly In-hand Salary

25% more than the average Renewal Retention Executive Salary in Insurance Companies for 5 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Renewal Retention Executive Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.7 L/yr
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Sales & Business Development Renewal Retention Executive Salary 7 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.6 L/yr

Last Updated: 18 Jan 2025

Companies similar to Bajaj Allianz General Insurance for Renewal Retention Executive

Company name	Avg Annual Salary	Open Jobs
Star Health & Allied Insurance Renewal Retention Executive Salary 3 - 10 years exp. (6 salaries)	₹3.2 L/yr - ₹4 L/yr 17% less
Niva Bupa Health Insurance Company Renewal Retention Executive Salary 3 - 5 years exp. (3 salaries)	₹3 L/yr - ₹3.2 L/yr 23% less
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Aditya Birla Health Insurance Co Renewal Retention Executive Salary 5 - 7 years exp. (4 salaries)	₹2.5 L/yr - ₹3.5 L/yr 32% less
Petpooja Renewal Retention Executive Salary 0 - 5 years exp. (4 salaries)	₹2.8 L/yr - ₹3.5 L/yr 22% less

Renewal Retention Executive salary at Bajaj Allianz General Insurance ranges between ₹3.4 Lakhs to ₹5 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Allianz General Insurance.

Experience wise Bajaj Allianz General Insurance Renewal Retention Executive salaries

Last Updated: 18 Jan 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
6 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
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7 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
9 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr

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Salary related reviews for Bajaj Allianz General Insurance

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

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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Bajaj Allianz General Insurance Renewal Retention Executive Salary FAQs

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

The average salary of a Renewal Retention Executive at Bajaj Allianz General Insurance in India typically ranges from ₹3.4 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 5 years to 9 years).

The top 10% of Renewal Retention Executive at Bajaj Allianz General Insurance earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Renewal Retention 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 4 Bajaj Allianz General Insurance employees in India.

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

The estimated take-home salary of a Renewal Retention Executive at Bajaj Allianz General Insurance in India typically ranges from ₹29,570 to ₹30,891 per month. This is based on the average salary range of ₹3.4 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 5 years to 9 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 4 salaries received from various employees of Bajaj Allianz General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Renewal Retention Executive in companies similar to Bajaj Allianz General Insurance in India?

The salary of a Renewal Retention 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 Health & Allied Insurance	₹3.2 Lakhs to ₹4.0 Lakhs per year
Petpooja	₹2.8 Lakhs to ₹3.5 Lakhs per year
Niva Bupa Health Insurance Company	₹3.0 Lakhs to ₹3.2 Lakhs per year
Aditya Birla Health Insurance Co	₹2.5 Lakhs to ₹3.5 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 Renewal Retention Executive at Bajaj Allianz General Insurance in India?

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

Experience	Average Salary Range
5 years	₹3.1 Lakhs to ₹3.9 Lakhs per year
6 years	₹3.1 Lakhs to ₹3.9 Lakhs per year
7 years	₹3.8 Lakhs to ₹4.8 Lakhs per year
9 years	₹4.5 Lakhs to ₹5.8 Lakhs per year

and so on.

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Bajaj Allianz General Insurance Renewal Retention Executive Salaries

Bajaj Allianz General Insurance Renewal Retention Executive salary in India ranges between ₹3.4 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bajaj Allianz General Insurance latest salaries received from various employees of Bajaj Allianz General Insurance.

Bajaj Allianz General Insurance Renewal Retention Executive salaries in India (Updated 2025)

Companies similar to Bajaj Allianz General Insurance for Renewal Retention Executive

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

Experience wise Bajaj Allianz General Insurance Renewal Retention Executive salaries

Similar Designation salaries in Bajaj Allianz General Insurance

Salary related reviews for Bajaj Allianz General Insurance

Deputy Manager in Mumbai

Sales Manager in Bangalore / Bengaluru

Sales Officer in Kolkata

Sales Manager in Siiguri

Team Lead in Navi Mumbai

Bajaj Allianz General Insurance Renewal Retention Executive Salary FAQs

Tell us how to improve this page.