Bajaj Allianz General Insurance Retention Officer Salaries by 8 Employees (Updated 2025)

0 - 4 years exp.

₹1.5 Lakh - ₹2.8 Lakhs

Salary of majority employees

29% less than the average Retention Officer Salary in Insurance Companies for 0 - 4 years of experience

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Salaries in different departments

Customer Success, Service & Operations Retention Officer Salary 2 - 4 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2 L/yr
Finance & Accounting Retention Officer Salary Fresher (AmbitionBox Estimate)	₹1.5 L/yr - ₹2 L/yr
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Sales & Business Development Retention Officer Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹2.8 L/yr

Last Updated: 26 Oct 2023

Companies similar to Bajaj Allianz General Insurance for Retention Officer

Company name	Avg Annual Salary	Open Jobs
Reliance General Insurance Retention Officer Salary 4 - 7 years exp. (3 salaries)	₹2 L/yr - ₹2.9 L/yr 16% more
Tata AIG Retention Officer Salary 2 - 7 years exp. (4 salaries)	₹2 L/yr - ₹3 L/yr 1% less
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Star Health & Allied Insurance Retention Officer Salary 0 - 9 years exp. (7 salaries)	₹2 L/yr - ₹3.5 L/yr 20% more
Reliance Nippon Life Insurance Retention Officer Salary 3 - 9 years exp. (4 salaries)	₹1.1 L/yr - ₹4 L/yr 6% less
Axis Max Life Insurance Retention Officer Salary 1 - 3 years exp. (4 salaries)	₹2.9 L/yr - ₹4 L/yr 44% more
Bajaj Allianz Life Insurance Retention Officer Salary 1 - 7 years exp. (3 salaries)	₹1 L/yr - ₹3 L/yr 4% more

Retention Officer salary at Bajaj Allianz General Insurance ranges between ₹1.5 Lakh to ₹2.8 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 8 latest salaries received from various employees of Bajaj Allianz General Insurance.

Experience wise Bajaj Allianz General Insurance Retention Officer salaries

Last Updated: 26 Oct 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.5 L/yr - ₹4.1 L/yr
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
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2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.8 L/yr
3 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.8 L/yr
4 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4 L/yr

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Salary related reviews for Bajaj Allianz General Insurance

5.0

Rated by 1 employees for salary & benefits

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

Relationship Manager in Hyderabad / Secunderabad

BFSI, Investments & Trading Department

4.0

• posted on 13 Aug 2019

3.0

for Salary and Benefits

Likes

Excellent work atmosphere, One of the good brand, Employees benefits are paid on time, excellent service to customers , Excellent career growth.

Skill development - Good

+4 more

Dislikes

There is no any negative thing in Bajaj Allianz General Insurance Co Ltd.

Job security - Poor

Junior Executive in Pune

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 10 Feb 2025

5.0

for Salary and Benefits

Likes

Company environment, salary, also other department very supportive, friendly environment also all festival are celebrated there.

Salary - Excellent

+6 more

Dislikes

Hr not taking action against loyal or hardworking peoples when they was complaining against the exact issue.. they just ignore employees complaint because of management.

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Bajaj Allianz General Insurance Retention Officer Salary FAQs

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

Retention Officer salary at Bajaj Allianz General Insurance in India ranges between ₹1.5 Lakhs to ₹2.8 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 29% less than the average Retention Officer Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Bajaj Allianz General Insurance India.

How does the salary of a Retention Officer at Bajaj Allianz General Insurance India compare with the average salary range for this job?

The average salary of a Retention Officer at Bajaj Allianz General Insurance is 29% less than the average salary of a Retention Officer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Bajaj Allianz General Insurance to a Retention Officer in India?

Axis Max Life Insurance Retention Officer Salary - ₹2.9 Lakhs to ₹4.0 Lakhs per year
Star Health & Allied Insurance Retention Officer Salary - ₹2.0 Lakhs to ₹3.5 Lakhs per year
Reliance General Insurance Retention Officer Salary - ₹2.0 Lakhs to ₹2.9 Lakhs per year
Bajaj Allianz Life Insurance Retention Officer Salary - ₹1.0 Lakhs to ₹3.0 Lakhs per year

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

Tata AIG Retention Officer Salary - ₹2.0 Lakhs to ₹3.0 Lakhs per year
Reliance Nippon Life Insurance Retention Officer Salary - ₹1.1 Lakhs to ₹4.0 Lakhs per year

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

The estimated take-home salary of a Retention Officer at Bajaj Allianz General Insurance ranges between ₹15,465 per month to ₹17,073 per month in India. The take-home salary calculation is based on the average Bajaj Allianz General Insurance Retention Officer salary in India which ranges between ₹1.5 Lakhs to ₹2.8 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?

What is the notice period for Retention Officer at Bajaj Allianz General Insurance?

According to AmbitionBox, 100% of the Bajaj Allianz General Insurance Retention Officers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Bajaj Allianz General Insurance Retention Officer Salaries

Bajaj Allianz General Insurance Retention Officer salary in India ranges between ₹1.5 Lakh to ₹2.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Bajaj Allianz General Insurance latest salaries received from various employees of Bajaj Allianz General Insurance.