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Bajaj Allianz Life Insurance Agency Sales Manager salaries in India

Annual salary range
2 - 15 years exp.
₹2.5 Lakhs - ₹5 Lakhs
Salary of majority employees
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At par with the average Agency Sales Manager Salary in Insurance Companies for 2 - 15 years of experience

Interested in this particular role? 5 job openings

Salaries in different departments

Sales & Business Development
Agency Sales Manager Salary
3 - 6 years exp. (5 salaries)
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₹2.5 L/yr - ₹5 L/yr

BFSI, Investments & Trading
Agency Sales Manager Salary
3 years exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.7 L/yr

Finance & Accounting
Agency Sales Manager Salary
3 years exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.8 L/yr

Marketing & Communication
Agency Sales Manager Salary
2 years exp. (AmbitionBox Estimate)
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₹2.8 L/yr - ₹4.2 L/yr

Last Updated: 23 Aug 2024

Companies similar to Bajaj Allianz Life Insurance for Agency Sales Manager

Company name Avg Annual Salary Open Jobs
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HDFC Life Agency Sales Manager Salary

1 - 6 years exp. (11 salaries)

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₹3.2 L/yr - ₹5 L/yr

arrow icon 9% more
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₹3 L/yr - ₹3.5 L/yr

arrow icon 17% less
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₹3.1 L/yr - ₹6.1 L/yr

arrow icon 11% more
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Tata AIG Agency Sales Manager Salary

5 - 11 years exp. (7 salaries)

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₹3.5 L/yr - ₹4.9 L/yr

arrow icon 5% more
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₹3 L/yr - ₹4 L/yr

arrow icon 1% less
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₹2.2 L/yr - ₹4.7 L/yr

arrow icon 14% less
4 job openings
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₹3.4 L/yr - ₹4.3 L/yr

At par
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₹2.9 L/yr - ₹6.3 L/yr

arrow icon 19% more
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₹1.5 L/yr - ₹3 L/yr

arrow icon 42% less
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₹5.1 L/yr - ₹8.1 L/yr

arrow icon 58% more
5 job openings
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₹3 L/yr - ₹3.2 L/yr

arrow icon 18% less
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₹3.3 L/yr - ₹3.9 L/yr

arrow icon 1% less
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₹2.6 L/yr - ₹4.5 L/yr

arrow icon 11% less
Agency Sales Manager salary at Bajaj Allianz Life Insurance ranges between ₹2.5 Lakhs to ₹5 Lakhs per year for employees with experience between 2 years to 15 years. Salary estimates are based on 14 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Latest annual salaries shared by Bajaj Allianz Life Insurance Agency Sales Manager

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Experience wise Bajaj Allianz Life Insurance Agency Sales Manager salaries

Last Updated: 23 Aug 2024

Experience Avg Annual Salary
2 years  (3 salaries)

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₹2.8 L/yr - ₹5 L/yr
3 years  (4 salaries)

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₹2.5 L/yr - ₹5 L/yr
4 years  (3 salaries)

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₹2.5 L/yr - ₹5 L/yr
5 years (AmbitionBox Estimate)

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₹1.5 L/yr - ₹5 L/yr
6 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹6.7 L/yr
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Similar Designation salaries in Bajaj Allianz Life Insurance

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₹3.45 L/yr - ₹13.56 L/yr
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₹2.4 L/yr - ₹4.5 L/yr
Sales Manager Salary
(209 salaries)
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₹1.9 L/yr - ₹7 L/yr
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₹1.8 L/yr - ₹3.5 L/yr
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₹4.9 L/yr - ₹9.1 L/yr
Regional Manager Salary
(105 salaries)
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₹7 L/yr - ₹23 L/yr
Area Manager Salary
(212 salaries)
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₹5 L/yr - ₹16.5 L/yr
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₹3.2 L/yr - ₹10 L/yr
Branch Manager Salary
(126 salaries)
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₹4.5 L/yr - ₹12.85 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹12.2 L/yr - ₹15.5 L/yr

Top skills at Bajaj Allianz Life Insurance for Agency Sales Manager

Agency Channel Agency Sales Agent Recruitment Sales Life Insurance agency development agency Sales Management Life Insurance Agency Sales General Insurance Insurance Sales Profitability Relationship Management Business Development

Salary related reviews for Bajaj Allianz Life Insurance

3.8

Rated by 5 employees for salary & benefits

Full Time

 · 

Agency Sales Department

4.0
  •  posted on 22 Oct 2022

3.0
 for  Salary and Benefits

Likes

Pros: Timing - Flexible Work Life Balance- Good Office/ Work Culture- Good Promotion- Good and timely Workday- Monday- Friday Seniors are helpful. Incentives- No doubts very good and high

read more
  • Skill development - Good
  • +3 more

Dislikes

Cons: Salary Low

Full Time

 · 

Other Department

1.0
  •  posted on 29 Feb 2024

1.0
 for  Salary and Benefits

Likes

I respect the Bajaj Allianz Life insurance because company was selected to grow my career I love the Bajaj Allianz Life insurance products where we give best return to customers.

read more

Dislikes

... Bajaj Allianz Life insurance company is best fastest growing company in india. But the managers working culture is dengerous because the managers are Black mail with employees salary, one of my manager was directly telling that if I do business then only I get salary, And this is the company policy he was telling is it my dear company CEO, In business sales the tarcher is common but who will blame with employees salary. And check the trainers quality.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 22 Sep 2023

1.0
 for  Salary and Benefits

Likes

If you are doing at least one policy per month of min 5k then no one is going to fire you. Products of Bajaj Allianz Life Insurance is good.

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Dislikes

...manager on Sat and Sun. So there is no work no life no balance. Growth is none. No salary increments. Very very very low salary. Incentives earning is very much difficult. By any chance if you entered into the life insurance industry and especially into Agency channel then life worst. Extensive traveling across the city on your own expenses. Very hectic job

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 16 Nov 2023

5.0
 for  Salary and Benefits

Likes

Good salary, nice incentive structure and promotion structure

  • Salary - Excellent
  • +4 more

Dislikes

No proper training , no support in business hence we lack in aquaring business as compared to Max life insurance aur competitors in axis bank channel.

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Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 09 May 2023

5.0
 for  Salary and Benefits

Likes

You get salary on time.

  • Salary - Excellent
  • +1 more

Dislikes

No one( Sr. Management) cares about you,they just need business that too what they ask from you " no need based selling". Rather then that there are meetings meetings and meetings for the sales team.

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  • Skill development - Bad
  • +4 more
see more salary related reviews

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Bajaj Allianz Life Insurance Agency Sales Manager Salary FAQs

What is the salary of Agency Sales Manager at Bajaj Allianz Life Insurance ?
The average salary of a Agency Sales Manager at Bajaj Allianz Life Insurance in India typically ranges from ₹2.5 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 2 years to 15 years).

The top 10% of Agency Sales Manager at Bajaj Allianz Life Insurance earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Agency Sales Manager Salaries at Bajaj Allianz Life 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 Life Insurance employees in India.
What is the estimated take home salary of a Agency Sales Manager at Bajaj Allianz Life Insurance in India?
The estimated take-home salary of a Agency Sales Manager at Bajaj Allianz Life Insurance in India typically ranges from ₹27,950 to ₹29,345 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 2 years to 15 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 Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Agency Sales Manager at Bajaj Allianz Life Insurance ?
To be a Agency Sales Manager at Bajaj Allianz Life Insurance in india, the key skills required include:

  • - Agency Channel
  • - Agency Sales
  • - Agent Recruitment
  • - Sales
  • - Life Insurance

These skills are highly valued at Bajaj Allianz Life Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Bajaj Allianz Life Insurance for Agency Sales Manager in India?
ICICI Lombard General Insurance Company ₹5.1 Lakhs to ₹8.1 Lakhs per year
ICICI Prudential Life Insurance ₹2.9 Lakhs to ₹6.3 Lakhs per year
HDFC Ergo General Insurance ₹3.1 Lakhs to ₹6.1 Lakhs per year
HDFC Life ₹3.2 Lakhs to ₹5.0 Lakhs per year
Tata AIG ₹3.5 Lakhs to ₹4.9 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bajaj Allianz Life Insurance, depending on the role and experience level.
What is the salary of a Agency Sales Manager in companies similar to Bajaj Allianz Life Insurance in India?
The salary of a Agency Sales Manager at companies similar to Bajaj Allianz Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Niva Bupa Health Insurance Company ₹3.4 Lakhs to ₹4.3 Lakhs per year
Axis Max Life Insurance ₹3.0 Lakhs to ₹4.0 Lakhs per year
SBI Life Insurance Company ₹3.3 Lakhs to ₹3.9 Lakhs per year
Star Health & Allied Insurance ₹2.6 Lakhs to ₹4.5 Lakhs per year
Kotak Mahindara Life Insurance ₹2.2 Lakhs to ₹4.7 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 Agency Sales Manager at Bajaj Allianz Life Insurance in India?
The salary growth for a Agency Sales Manager at Bajaj Allianz Life Insurance depends on factors such as experience, performance, and promotions. On average, a Agency Sales Manager can expect the following growth trajectory at Bajaj Allianz Life Insurance:

Experience Average Salary Range
2 years ₹2.8 Lakhs to ₹5.0 Lakhs per year
3 years ₹2.5 Lakhs to ₹5.0 Lakhs per year
4 years ₹2.5 Lakhs to ₹5.0 Lakhs per year
5 years ₹1.5 Lakhs to ₹5.0 Lakhs per year
and so on.

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Bajaj Allianz Life Insurance Agency Sales Manager salary in India ranges between ₹2.5 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 14 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.