Bajaj Allianz General Insurance Retail Partner Salaries by 10 Employees

0 - 3 years exp.

₹1.2 Lakh - ₹6 Lakhs

Avg. annual salary

Monthly In-hand Salary

36% more than the average Retail Partner Salary in Insurance Companies for 0 - 3 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading Retail Partner Salary 0 - 3 years exp. (3 salaries)	₹2.3 L/yr - ₹5 L/yr
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Sales & Business Development Retail Partner Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹3.3 L/yr

Last Updated: 10 Apr 2024

Companies similar to Bajaj Allianz General Insurance for Retail Partner

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance Retail Partner Salary 0 - 6 years exp. (188 salaries)	₹1 L/yr - ₹5.7 L/yr 12% less
Bajaj Allianz Retail Partner Salary 0 - 4 years exp. (17 salaries)	₹1 L/yr - ₹6 L/yr 6% less
Login to view exact salary
Bajaj Finance Retail Partner Salary 0 - 4 years exp. (4 salaries)	₹2 L/yr - ₹3 L/yr 19% less

Retail Partner salary at Bajaj Allianz General Insurance ranges between ₹1.2 Lakh to ₹6 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 10 latest salaries received from various employees of Bajaj Allianz General Insurance.

Experience wise Bajaj Allianz General Insurance Retail Partner salaries

Last Updated: 10 Apr 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.3 L/yr - ₹5.7 L/yr
1 year (4 salaries)	₹1.2 L/yr - ₹6 L/yr
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2 years (3 salaries)	₹2.3 L/yr - ₹5 L/yr
3 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹5 L/yr

Similar Designation salaries in Bajaj Allianz General Insurance

Store Manager Salary

(AmbitionBox Estimate)

₹4.4 L/yr - ₹5.6 L/yr

Area Manager Salary

(23 salaries)

₹5.15 L/yr - ₹18 L/yr

Deputy Manager Salary

(168 salaries)

₹7.25 L/yr - ₹16 L/yr

Branch Manager Salary

(14 salaries)

₹4.25 L/yr - ₹12.05 L/yr

Sales Manager Salary

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₹1.8 L/yr - ₹7 L/yr

Team Lead Salary

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₹1.9 L/yr - ₹9 L/yr

Sales Officer Salary

(133 salaries)

₹1.2 L/yr - ₹4.5 L/yr

Territory Manager Salary

(165 salaries)

₹2.6 L/yr - ₹7 L/yr

Area Sales Manager Salary

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₹3 L/yr - ₹12 L/yr

Relationship Manager Salary

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₹1.65 L/yr - ₹6.5 L/yr

Salary related reviews for Bajaj Allianz General Insurance

2.9

Rated by 3 employees for salary & benefits

Retail Partner (working remotely)

Part Time

BFSI, Investments & Trading Department

2.0

• posted on 09 Sep 2023

2.0

for Salary and Benefits

Likes

Don't link any thing about this company

Work-life balance - Excellent

Dislikes

There is no fixed salary, it depends on business comission only . Always lie about salary that it fixed When you leave the company then they did not given you the experience certificate They also lie about the PF

Salary - Poor

+5 more

Territory Manager in Kolkata

Full Time

Other Department

1.0

• posted on 27 Feb 2025

5.0

for Salary and Benefits

Likes

1. Process and Applications 2. Salary on time 3.You Can Apply Advance Salary(if Required) 4. Zonal Hr(Ipshita Ma'am) so Helpful, Other Hr just following management order just like puppet. 5.Banca Channels are good.

Salary - Excellent

Dislikes

1. Retail Team has worst Culture Specially in Kolkata Zone. 2. No Work life balance. 3. Don't in Susanta Bose and Prakash Gupta's Team(if you don't want to Destroy your career) 4.terrible micro management culture. 5.Leave Managements are poor. 6.Zero Work life Balance. 7. Zero Job Security,they even issue PIP after Regisn. Bekar Management Policies, Retail Channel meh jana maat,Specially Channel like Growth Markets

Job security - Bad

+3 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

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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 Retail Partner Salary FAQs

What is the salary of Retail Partner at Bajaj Allianz General Insurance ?

The average salary of a Retail Partner at Bajaj Allianz General Insurance in India typically ranges from ₹1.2 Lakhs to ₹6.0 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Retail Partner at Bajaj Allianz General Insurance earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Retail Partner 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 10 Bajaj Allianz General Insurance employees in India.

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

The estimated take-home salary of a Retail Partner at Bajaj Allianz General Insurance in India typically ranges from ₹24,722 to ₹26,165 per month. This is based on the average salary range of ₹1.2 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from Fresher to 3 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 10 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 Retail Partner in companies similar to Bajaj Allianz General Insurance in India?

The salary of a Retail Partner 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	₹1.0 Lakhs to ₹6.0 Lakhs per year
Bajaj Allianz Life Insurance	₹1.0 Lakhs to ₹5.7 Lakhs per year
Bajaj Finance	₹2.0 Lakhs to ₹3.0 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 Retail Partner at Bajaj Allianz General Insurance in India?

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

Experience	Average Salary Range
Fresher	₹2.3 Lakhs to ₹5.7 Lakhs per year
1 year	₹1.2 Lakhs to ₹6.0 Lakhs per year
2 years	₹2.3 Lakhs to ₹5.0 Lakhs per year
3 years	₹1.5 Lakhs to ₹5.0 Lakhs per year

and so on.

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Bajaj Allianz General Insurance Retail Partner Salaries by Location

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Bajaj Allianz General Insurance Retail Partner Salaries

Bajaj Allianz General Insurance Retail Partner salary in India ranges between ₹1.2 Lakh to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Bajaj Allianz General Insurance latest salaries received from various employees of Bajaj Allianz General Insurance.

Bajaj Allianz General Insurance Retail Partner salaries in India

Companies similar to Bajaj Allianz General Insurance for Retail Partner

Latest annual salaries shared by Bajaj Allianz General Insurance Retail Partner

Experience wise Bajaj Allianz General Insurance Retail Partner salaries

Similar Designation salaries in Bajaj Allianz General Insurance

Salary related reviews for Bajaj Allianz General Insurance

Retail Partner (working remotely)

Territory Manager in Kolkata

Deputy Manager in Mumbai

Sales Manager in Bangalore / Bengaluru

Sales Officer in Kolkata

Bajaj Allianz General Insurance Retail Partner Salary FAQs

Tell us how to improve this page.

Bajaj Allianz General Insurance Retail Partner Salaries by Location