Companies similar to Bajaj Allianz General Insurance for Senior Business Development Manager
Senior Business Development Manager salary at Bajaj Allianz General Insurance ranges between ₹4.5
Lakhs
to ₹5.8
Lakhs
per year for employees with experience between 1 year to 11 years. Salary
estimates are based on
12 latest salaries received
from various employees of Bajaj Allianz General Insurance.
Experience wise Bajaj Allianz General Insurance Senior Business Development Manager salaries
Last Updated: 21 Mar 2025
Experience | Avg Annual Salary |
---|---|
1 year (AmbitionBox Estimate) |
₹4.5
L/yr
- ₹8.3
L/yr
|
2 years (AmbitionBox Estimate) |
₹4.2
L/yr
- ₹5.4
L/yr
|
Login to view exact salary
| |
3 years (AmbitionBox Estimate) |
₹4.5
L/yr
- ₹8.6
L/yr
|
4 years (AmbitionBox Estimate) |
₹4.5
L/yr
- ₹8.7
L/yr
|
5 years (AmbitionBox Estimate) |
₹4.4
L/yr
- ₹5.6
L/yr
|
View all
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2w (edited)
peacemaker

·
works at
Georgia-Pacific

New offer. Confused.
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 Senior Business Development Manager Salary FAQs
What is the salary of Senior Business Development Manager at Bajaj Allianz General Insurance ?
The average salary of a Senior Business Development Manager at Bajaj Allianz General Insurance in India typically ranges from ₹4.5 Lakhs to ₹5.8 Lakhs per year, depending on experience (from 1 year to 11 years).
The top 10% of Senior Business Development Manager at Bajaj Allianz General Insurance earn more than ₹5.7 Lakhs per year, and the top 1% earn over ₹5.8 Lakhs per year. Senior Business Development Manager 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.
The top 10% of Senior Business Development Manager at Bajaj Allianz General Insurance earn more than ₹5.7 Lakhs per year, and the top 1% earn over ₹5.8 Lakhs per year. Senior Business Development Manager 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 Senior Business Development Manager at Bajaj Allianz General Insurance in India?
The estimated take-home salary of a Senior Business Development Manager at Bajaj Allianz General Insurance in India typically ranges from ₹37,282 to ₹38,487 per month. This is based on the average salary range of
₹4.5 Lakhs to ₹5.8 Lakhs
per year for employees with experience ranging from 1 year to 11 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 Senior Business Development Manager in India?
Aditya Birla Sun Life Insurance | ₹10.5 Lakhs to ₹13.0 Lakhs per year |
ICICI Lombard General Insurance Company | ₹3.8 Lakhs to ₹14.0 Lakhs per year |
Tata AIG | ₹5.0 Lakhs to ₹12.0 Lakhs per year |
Axis Max Life Insurance | ₹5.3 Lakhs to ₹8.2 Lakhs per year |
PNB MetLife | ₹5.0 Lakhs to ₹7.8 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 Senior Business Development Manager in companies similar to Bajaj Allianz General Insurance in India?
The salary of a Senior Business Development Manager 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:
These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
SBI Life Insurance Company | ₹3.4 Lakhs to ₹8.5 Lakhs per year |
Reliance General Insurance | ₹3.6 Lakhs to ₹6.5 Lakhs per year |
SBI General Insurance | ₹3.5 Lakhs to ₹8.0 Lakhs per year |
Kotak Mahindara Life Insurance | ₹3.6 Lakhs to ₹6.5 Lakhs per year |
Reliance Nippon Life Insurance | ₹4.4 Lakhs to ₹6.5 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 Senior Business Development Manager at Bajaj Allianz General Insurance in India?
The salary growth for a Senior Business Development Manager at Bajaj Allianz General Insurance depends on factors such as experience, performance, and promotions. On average, a Senior Business Development Manager can expect the following growth trajectory at Bajaj Allianz General Insurance:
and so on.
Experience | Average Salary Range |
---|---|
1 year | ₹4.5 Lakhs to ₹8.3 Lakhs per year |
2 years | ₹4.2 Lakhs to ₹5.4 Lakhs per year |
3 years | ₹4.5 Lakhs to ₹8.6 Lakhs per year |
4 years | ₹4.5 Lakhs to ₹8.7 Lakhs per year |
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Bajaj Allianz General Insurance Senior Business Development Manager salary
in
India
ranges between ₹4.5
Lakhs to ₹5.8
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.