Bajaj Allianz General Insurance Sr BDM Salaries by 5 Employees (Updated 2025)

6 - 8 years exp.

₹4 Lakhs - ₹6 Lakhs

Avg. annual salary

Monthly In-hand Salary

39% less than the average Sr BDM Salary in Insurance Companies for 6 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Sr BDM Salary 6 years exp. (AmbitionBox Estimate)	₹5.3 L/yr - ₹6 L/yr
Marketing & Communication Sr BDM Salary 7 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹4.8 L/yr
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Sales & Business Development Sr BDM Salary 8 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr

Last Updated: 26 Jan 2025

Companies similar to Bajaj Allianz General Insurance for Sr BDM

Company name	Avg Annual Salary	Open Jobs
SBI Life Insurance Company Sr BDM Salary 5 - 13 years exp. (164 salaries)	₹3.5 L/yr - ₹8.2 L/yr 14% more
SBI General Insurance Sr BDM Salary 5 - 13 years exp. (33 salaries)	₹3.8 L/yr - ₹7 L/yr 4% more
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Bajaj Allianz Life Insurance Sr BDM Salary 3 - 19 years exp. (20 salaries)	₹4.3 L/yr - ₹4.8 L/yr 9% less
Niva Bupa Health Insurance Company Sr BDM Salary 5 - 10 years exp. (11 salaries)	₹3 L/yr - ₹10.4 L/yr 16% more
Axis Max Life Insurance Sr BDM Salary 3 - 17 years exp. (6 salaries)	₹5 L/yr - ₹14 L/yr 70% more
ICICI Lombard General Insurance Company Sr BDM Salary 3 - 16 years exp. (6 salaries)	₹3.4 L/yr - ₹9 L/yr 9% more
Star Union Dai-ichi Life Insurance Sr BDM Salary 7 - 15 years exp. (5 salaries)	₹2.5 L/yr - ₹8 L/yr 3% less
Reliance Nippon Life Insurance Sr BDM Salary 3 - 11 years exp. (4 salaries)	₹4.3 L/yr - ₹6.6 L/yr At par
Shriram Life Insurance Sr BDM Salary 4 - 13 years exp. (4 salaries)	₹2.8 L/yr - ₹4 L/yr 37% less
Aditya Birla Sun Life Insurance Sr BDM Salary 9 - 15 years exp. (4 salaries)	₹10.3 L/yr - ₹12 L/yr 126% more
HDFC Life Sr BDM Salary 2 - 13 years exp. (4 salaries)	₹3.2 L/yr - ₹4 L/yr 34% less
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ICICI Prudential Life Insurance Sr BDM Salary 0 - 13 years exp. (3 salaries)	₹4 L/yr - ₹4.5 L/yr 16% less

Sr BDM salary at Bajaj Allianz General Insurance ranges between ₹4 Lakhs to ₹6 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Bajaj Allianz General Insurance.

Experience wise Bajaj Allianz General Insurance Sr BDM salaries

Last Updated: 26 Jan 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
7 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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8 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr

Salary related reviews for Bajaj Allianz General Insurance

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

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.

Back Office Executive in Kolkata

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 06 Jan 2025

4.0

for Salary and Benefits

Likes

Several opportunities and with in time salary for each and everyone.

Salary - Good

+3 more

Dislikes

Worst work life balance that I ever seen and experienced in bajaj motor claim department. And for me that's the main thing for a human being.

Work-life balance - Bad

Senior Sales Manager in Agartala

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 05 Jul 2024

2.0

for Salary and Benefits

Likes

Salary is the only thing I like here

Dislikes

...y it's 6days a week and month end 7days a week now working hours sales timing 9.30am to 7/8pm then policy issuance it's goes upto 1am, then again next day area manager always talking about work on Sunday, if anyone take a leave manager will tell do existing work, then what is the meaning of leave I don't know, now come to the travel part 1/3 salary will goes on the travel, personal life will be destroyed after joining here work pressure like pressure cooker every day conference call after work and tempting your performance not up to the mark in short your family will leave you bcz of not giving family time

Salary - Poor

+6 more

Data Analyst in Pune

Full Time

Data Science & Analytics Department

2.0

• posted on 09 Sep 2024

2.0

for Salary and Benefits

Likes

Only brand name nothing else

Dislikes

...upport you No growth in terms of skills and career , no recognition of hardwork. No extra pay for weekends and after working hrs.

Salary - Poor

+6 more

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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 Sr BDM Salary FAQs

What is the salary of Sr BDM at Bajaj Allianz General Insurance ?

The average salary of a Sr BDM at Bajaj Allianz General Insurance in India typically ranges from ₹4.0 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 6 years to 8 years).

The top 10% of Sr BDM at Bajaj Allianz General Insurance earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Sr BDM 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 5 Bajaj Allianz General Insurance employees in India.

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

The estimated take-home salary of a Sr BDM at Bajaj Allianz General Insurance in India typically ranges from ₹37,575 to ₹38,776 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 6 years to 8 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 5 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 Sr BDM in India?

Aditya Birla Sun Life Insurance	₹10.3 Lakhs to ₹12.0 Lakhs per year
Axis Max Life Insurance	₹5.0 Lakhs to ₹14.0 Lakhs per year
Niva Bupa Health Insurance Company	₹3.0 Lakhs to ₹10.4 Lakhs per year
SBI Life Insurance Company	₹3.5 Lakhs to ₹8.2 Lakhs per year
ICICI Lombard General Insurance Company	₹3.4 Lakhs to ₹9.0 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 Sr BDM in companies similar to Bajaj Allianz General Insurance in India?

The salary of a Sr BDM 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:

SBI General Insurance	₹3.8 Lakhs to ₹7.0 Lakhs per year
Reliance Nippon Life Insurance	₹4.3 Lakhs to ₹6.6 Lakhs per year
Star Union Dai-ichi Life Insurance	₹2.5 Lakhs to ₹8.0 Lakhs per year
Bajaj Allianz Life Insurance	₹4.3 Lakhs to ₹4.8 Lakhs per year
ICICI Prudential Life Insurance	₹4.0 Lakhs to ₹4.5 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 Sr BDM at Bajaj Allianz General Insurance in India?

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

Experience	Average Salary Range
6 years	₹5.4 Lakhs to ₹6.9 Lakhs per year
7 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
8 years	₹3.6 Lakhs to ₹4.6 Lakhs per year

and so on.

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Bajaj Allianz General Insurance Sr BDM Salaries

Bajaj Allianz General Insurance Sr BDM salary in India ranges between ₹4 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Bajaj Allianz General Insurance latest salaries received from various employees of Bajaj Allianz General Insurance.