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Bajaj Allianz Life Insurance Salaries in India

based on 15.7k latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Sales & Business Development Customer Success, Service & Operations Finance & Accounting + 6 more
Designation Avg Annual Salary Open Jobs
0 - 10 years exp. (765 salaries)
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₹1.6 L/yr - ₹5 L/yr

12 job openings
0 - 10 years exp. (665 salaries)
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₹2 L/yr - ₹4 L/yr

2 job openings
1 - 11 years exp. (654 salaries)
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₹2.7 L/yr - ₹5.9 L/yr

0 - 10 years exp. (621 salaries)
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₹2.5 L/yr - ₹4.3 L/yr

9 job openings
Starting your career? Discover Bajaj Allianz Life Insurance fresher salaries in India
2 - 11 years exp. (356 salaries)
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₹3.4 L/yr - ₹5.8 L/yr

2 - 16 years exp. (320 salaries)
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₹4.5 L/yr - ₹16.5 L/yr

0 - 15 years exp. (285 salaries)
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₹3 L/yr - ₹6 L/yr

3 job openings
0 - 9 years exp. (233 salaries)
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₹3 L/yr - ₹5.4 L/yr

4 - 23 years exp. (230 salaries)
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₹3.7 L/yr - ₹8.5 L/yr

7 - 19 years exp. (229 salaries)
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₹7 L/yr - ₹15.1 L/yr

5 - 17 years exp. (227 salaries)
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₹5 L/yr - ₹16.5 L/yr

10 - 21 years exp. (224 salaries)
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₹8.8 L/yr - ₹17.5 L/yr

0 - 8 years exp. (209 salaries)
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₹1.6 L/yr - ₹7 L/yr

8 job openings
0 - 12 years exp. (207 salaries)
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₹3.5 L/yr - ₹6.8 L/yr

1 - 9 years exp. (191 salaries)
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₹3.1 L/yr - ₹4.5 L/yr

2 - 11 years exp. (188 salaries)
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₹2.6 L/yr - ₹6.2 L/yr

0 - 6 years exp. (179 salaries)
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₹1.8 L/yr - ₹6 L/yr

1 job opening
6 - 17 years exp. (171 salaries)
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₹6.3 L/yr - ₹15.2 L/yr

9 - 21 years exp. (151 salaries)
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₹6 L/yr - ₹15.1 L/yr

0 - 6 years exp. (145 salaries)
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₹2.4 L/yr - ₹4.5 L/yr

Last Updated: 25 Feb, 2025

Salary related reviews for Bajaj Allianz Life Insurance

3.9

Rated by 4.8k employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 31 Jan 2025

5.0
 for  Salary and Benefits

Likes

The salary and perks offered to employees are excellent, and the work ethics are truly commendable . You won't regret your decision to work here. There is no favoritism and the management is outstanding.

read more
  • Salary - Excellent
  • +6 more

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 29 Jan 2025

5.0
 for  Salary and Benefits

Likes

Balic is a good company to work .. balic has given my carrier high..

  • Salary - Excellent
  • +6 more

Dislikes

...e centricity balic does not look even after Work hard and good work for balic .. company does not increase no salary as per expectations.

read more

Full Time

 · 

Product Management Department

1.0
  •  posted on 24 Jan 2025

1.0
 for  Salary and Benefits

Likes

Nothing.

Dislikes

...w manager are treated the worst. Designation will not help you find another job. No increment or promotion unless you are from tier 1 college or your salary is above 30 lpa. Skill development is only provided for the person belonging to their community. Senior positions are occupied by Malyalam speaking community and hence increment and promotions are only for them. No outdoor trips as it's only applicable for senior positions. Junior employees don't stay more than 3 months in the company. Company culture is the worst across Bajaj companies. They treat employees in such a way that they should jump off their building and end their lives as they encourage their family members and friends in other companies to not hire their team members. Hence an employee is stuck for rest of their lives in the same place with the lowest salary.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 08 Jan 2025

5.0
 for  Salary and Benefits

Likes

The environment is good, as well as the pay package; which is very good. There's a lot of scope of learning here in the industry. Management is a bit clueless and less emotionally oriented but overall it's a good place or organisation to work for or work in. Good amount of promotions are there, trips national or international they have all to keep their people happy and motivated.

read more
  • Salary - Excellent
  • +3 more

Dislikes

Nothing as of now.

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 27 Dec 2024

4.0
 for  Salary and Benefits

Likes

...ect channel there is no work life balance, no job security. Worst work culture. Only salary good

read more
  • Salary - Good

Dislikes

Specially Direct channel worst job culture. All seniors are rude, Cluster manager, RH all are too much bad. I suggest not to join is direct Channel in BALIC.

read more
  • Skill development - Bad
  • +5 more
see more salary related reviews

Bajaj Allianz Life Insurance Salary FAQs

How much does Bajaj Allianz Life Insurance pay per year?
The average Bajaj Allianz Life Insurance salary ranges from approximately ₹1 Lakh to ₹1.5 Lakh per year for a I S O and ₹70 Lakhs to ₹1 Crore per year for a Senior Vice President. Salary estimates are based on 15.7k Bajaj Allianz Life Insurance salaries received from various employees of Bajaj Allianz Life Insurance. Bajaj Allianz Life Insurance employees rate the overall salary and benefits package 3.9/5 stars.
What is the highest salary in Bajaj Allianz Life Insurance?
The highest-paying job at Bajaj Allianz Life Insurance is a Senior Vice President with a salary of ₹70 Lakhs to ₹1 Crore per year. The top 10% of employees earn more than ₹14.02 lakhs per year. The top 1% earn more than a whopping ₹36 lakhs per year.
What is the minimum salary in Bajaj Allianz Life Insurance?
Minimum salary at Bajaj Allianz Life Insurance depends on the role you are applying for. For Senior Relationship Manager the minimum salary is ₹2 Lakhs to ₹4 Lakhs per year, and for Relationship Manager the minimum salary is ₹1.6 Lakh to ₹5 Lakhs per year and so on.
What is the salary package for freshers in Bajaj Allianz Life Insurance?
The average salary at Bajaj Allianz Life Insurance for freshers varies from ₹1.2 Lakh to ₹3 Lakhs per year for Insurance Agent and ₹11.7 Lakhs to ₹15 Lakhs per year for Management Associate.
What is the notice period at Bajaj Allianz Life Insurance?
According to AmbitionBox, 52% of the Bajaj Allianz Life Insurance employees reported a notice period of 1 Month, 24% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 15.9k responses on AmbitionBox in last 2 years.

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Average annual salary in Bajaj Allianz Life Insurance is INRunlock blur . Salary estimates are based on 15.7k Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.

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