Bajaj Allianz General Insurance Mumbai Sales Executive Salaries by 10+ Employees

0 - 6 years exp.

₹1.3 Lakh - ₹3.7 Lakhs

Avg. annual salary

Monthly In-hand Salary

17% less than the average Sales Executive Salary in Insurance Companies for 0 - 6 years of experience

Interested in this particular role?

Salaries in different departments

Customer Success, Service & Operations Sales Executive Salary 2 years exp. (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.9 L/yr
Sales & Business Development Sales Executive Salary 3 years exp. (AmbitionBox Estimate)	₹1.5 L/yr - ₹3.7 L/yr
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Marketing & Communication Sales Executive Salary Fresher (AmbitionBox Estimate)	₹1.3 L/yr - ₹3 L/yr

Last Updated: 9 Aug 2023

Companies similar to Bajaj Allianz General Insurance for Sales Executive in Mumbai

Bajaj Allianz General Insurance Sales Executive Salary

0 - 6 years exp. (12 salaries)

₹1.3 L/yr - ₹3.7 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Sales Executive Salary 0 - 7 years exp. (66 salaries)	₹1.2 L/yr - ₹5 L/yr 3% less
HDFC Ergo General Insurance Sales Executive Salary 0 - 6 years exp. (55 salaries)	₹1.5 L/yr - ₹4.4 L/yr 13% more
Login to view exact salary
HDFC Life Sales Executive Salary 0 - 7 years exp. (24 salaries)	₹1.1 L/yr - ₹5 L/yr 32% more	1 job opening
ICICI Prudential Life Insurance Sales Executive Salary 0 - 4 years exp. (15 salaries)	₹2 L/yr - ₹3.8 L/yr 23% more	3 job openings
Reliance Nippon Life Insurance Sales Executive Salary 1 - 4 years exp. (11 salaries)	₹1 L/yr - ₹3 L/yr 17% less
Aditya Birla Sun Life Insurance Sales Executive Salary 0 - 5 years exp. (11 salaries)	₹1.8 L/yr - ₹4 L/yr 26% more	1 job opening
Tata AIG Sales Executive Salary 1 - 5 years exp. (10 salaries)	₹1.4 L/yr - ₹3.8 L/yr 11% less
Axis Max Life Insurance Sales Executive Salary 1 - 5 years exp. (7 salaries)	₹2 L/yr - ₹4.6 L/yr 34% more
Tata AIA Life Insurance Sales Executive Salary 0 - 6 years exp. (7 salaries)	₹0.7 L/yr - ₹4.5 L/yr 8% more
SBI Life Insurance Company Sales Executive Salary 0 - 6 years exp. (7 salaries)	₹2 L/yr - ₹3.5 L/yr 4% more
Kotak Mahindara Life Insurance Sales Executive Salary 1 - 7 years exp. (7 salaries)	₹1.5 L/yr - ₹3.5 L/yr 14% more
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Reliance General Insurance Sales Executive Salary 1 - 7 years exp. (6 salaries)	₹1.7 L/yr - ₹3.3 L/yr 3% less
Star Health & Allied Insurance Sales Executive Salary 1 - 10 years exp. (6 salaries)	₹2.8 L/yr - ₹4 L/yr 14% more
SBI General Insurance Sales Executive Salary 1 - 5 years exp. (5 salaries)	₹2 L/yr - ₹3.5 L/yr 6% more
Shriram Life Insurance Sales Executive Salary 0 - 3 years exp. (3 salaries)	₹2 L/yr - ₹3 L/yr 17% less
PNB MetLife Sales Executive Salary 3 - 5 years exp. (3 salaries)	₹2.9 L/yr - ₹4 L/yr 34% more

Sales Executive salary at Bajaj Allianz General Insurance ranges between ₹1.3 Lakh to ₹3.7 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 12 latest salaries received from various employees of Bajaj Allianz General Insurance.

Experience wise Bajaj Allianz General Insurance Sales Executive salaries in Mumbai

Last Updated: 9 Aug 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
1 year (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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2 years (3 salaries)	₹1.7 L/yr - ₹4.6 L/yr
3 years (5 salaries)	₹1.5 L/yr - ₹3.7 L/yr
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
5 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr

View all

Similar Designation salaries in Bajaj Allianz General Insurance

Sales Manager Salary

(68 salaries)

₹2.4 L/yr - ₹6.64 L/yr

Sales Officer Salary

(18 salaries)

₹1.2 L/yr - ₹3.25 L/yr

Senior Sales Executive Salary

(5 salaries)

₹5.05 L/yr - ₹5.65 L/yr

Salary related reviews for Bajaj Allianz General Insurance

3.0

Rated by 4 employees for salary & benefits

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

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

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 Sales Executive Salary FAQs

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

The average salary of a Sales Executive at Bajaj Allianz General Insurance in Mumbai typically ranges from ₹1.3 Lakhs to ₹3.7 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Sales Executive in Mumbai at Bajaj Allianz General Insurance earn more than ₹2.9 Lakhs per year, and the top 1% earn over ₹3.7 Lakhs per year. Sales 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 10+ Bajaj Allianz General Insurance employees in India.

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

The estimated take-home salary of a Sales Executive at Bajaj Allianz General Insurance in Mumbai typically ranges from ₹18,820 to ₹20,501 per month. This is based on the average salary range of ₹1.3 Lakhs to ₹3.7 Lakhs per year for employees with experience ranging from Fresher to 6 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.

Which companies offer higher salaries than Bajaj Allianz General Insurance for Sales Executive in India?

PNB MetLife	₹2.9 Lakhs to ₹4.0 Lakhs per year
Axis Max Life Insurance	₹2.0 Lakhs to ₹4.6 Lakhs per year
HDFC Life	₹1.1 Lakhs to ₹5.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹1.8 Lakhs to ₹4.0 Lakhs per year
ICICI Prudential Life Insurance	₹2.0 Lakhs to ₹3.8 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 Sales Executive in companies similar to Bajaj Allianz General Insurance in Mumbai?

The salary of a Sales Executive at companies similar to Bajaj Allianz General Insurance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Star Health & Allied Insurance	₹2.8 Lakhs to ₹4.0 Lakhs per year
Kotak Mahindara Life Insurance	₹1.5 Lakhs to ₹3.5 Lakhs per year
HDFC Ergo General Insurance	₹1.5 Lakhs to ₹4.4 Lakhs per year
Tata AIA Life Insurance	₹0.7 Lakhs to ₹4.5 Lakhs per year
SBI General Insurance	₹2.0 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 Sales Executive at Bajaj Allianz General Insurance in Mumbai?

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

Experience	Average Salary Range
Fresher	₹2.1 Lakhs to ₹2.7 Lakhs per year
1 year	₹2.2 Lakhs to ₹2.8 Lakhs per year
2 years	₹1.7 Lakhs to ₹4.6 Lakhs per year
3 years	₹1.5 Lakhs to ₹3.7 Lakhs per year

and so on.

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Bajaj Allianz General Insurance Sales Executive Salaries in Mumbai

Bajaj Allianz General Insurance Sales Executive salary in Mumbai ranges between ₹1.3 Lakh to ₹3.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Bajaj Allianz General Insurance latest salaries received from various employees of Bajaj Allianz General Insurance.