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3.9

based on 5.1k Reviews

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Bajaj Allianz Life Insurance Salaries in Aurangabad (Updated 2025)

based on 27 latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Sales & Business Development
Designation Avg Annual Salary Open Jobs

Area Manager

6 - 17 years exp. · Aurangabad (9 salaries)
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₹6.8 L/yr - ₹14 L/yr

Chief Branch Manager

12 - 17 years exp. · Aurangabad (4 salaries)
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₹12.5 L/yr - ₹15.3 L/yr

Senior Business Development Manager

6 - 8 years exp. · Aurangabad (3 salaries)
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₹4.5 L/yr - ₹4.7 L/yr

Insurance Adviser

5 - 6 years exp. · Aurangabad (AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.6 L/yr

Associate Head Regional

18 - 19 years exp. · Aurangabad (AmbitionBox Estimate)
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₹16 L/yr - ₹17.6 L/yr

Senior Cluster Head

9 - 10 years exp. · Aurangabad (AmbitionBox Estimate)
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₹10 L/yr - ₹12 L/yr

Medical Underwriter

4 - 5 years exp. · Aurangabad (AmbitionBox Estimate)
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₹5.5 L/yr - ₹7.2 L/yr

Branch Assistant

2 years exp. · Aurangabad (AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr

Finance Executive

2 years exp. · Aurangabad (AmbitionBox Estimate)
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₹2 L/yr - ₹2.7 L/yr

Junior Sales Manager

10 years exp. · Aurangabad (AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.7 L/yr

Last Updated: 11 Feb, 2025

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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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Salary related reviews for Bajaj Allianz Life Insurance

4.4

Rated by 20 employees for salary & benefits

AM Human Resource in Mumbai

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 18 Mar 2025
5.0
 for  Salary and Benefits

Likes

In bajaj salary credit on time always.

  • Salary - Excellent

Dislikes

In Bajaj there is no upgrade in ur role and responsibilities and no one want to upgrade your. No extra skill learning activities done. As relevant work of ur role.

read more
  • Job security - Poor

Executive Relationship Manager in Kohima

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 17 Mar 2025
1.0
 for  Salary and Benefits

Likes

No comments

Dislikes

Not getting salary on time, bad Area manger, bad HR, Always getting negative reviews no matter how much efforts we are giving . No support from highers ups. Getting too much calls and VC even on holidays. Still didn't got experience letter.

read more
  • Salary - Bad
    • +6 more

Senior Area Manager in Hyderabad / Secunderabad

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 04 Mar 2025
1.0
 for  Salary and Benefits

Likes

Nothing is there to like to this company...

Dislikes

Here there is no system for credit the salary and it's based on Manager's wish . If Manager wants to hold the salary, he can without any reason also... So Bajaj is not better choice for who works harldy with honesty....

read more
  • Salary - Bad
    • +6 more

Executive Relationship Manager in Bankura

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

Senior Executive in Mumbai

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
see more salary related reviews

Bajaj Allianz Life Insurance interview questions by designations

Senior Relationship Manager (27)Relationship Manager (21)Business Sales Manager (15)Executive Relationship Manager (15)
View all 312 interview experiences

Know more about Bajaj Allianz Life Insurance Aurangabad

More about working at Bajaj Allianz Life Insurance

Bajaj Allianz Life Insurance Salary FAQs

How much does Bajaj Allianz Life Insurance pay to its employees?
The average annual salary at Bajaj Allianz Life Insurance varies depending on the role, experience, and location. The salary ranges for some popular designations at Bajaj Allianz Life Insurance, are as follows:

Area Manager ₹6.8 Lakhs to ₹14 Lakhs per year
Chief Branch Manager ₹12.5 Lakhs to ₹15.3 Lakhs per year
Senior Business Development Manager ₹4.5 Lakhs to ₹4.7 Lakhs per year
Insurance Adviser ₹3.8 Lakhs to ₹4.6 Lakhs per year

The highest-paying role, Senior Vice President, earns between ₹45 Lakhs to ₹1 Crore per year. The top 10% of employees earn more than ₹14.4 Lakhs per year, and the top 1% earn over ₹37.6 Lakhs per year. 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 salary estimates are based on data from 27 salaries submitted by Bajaj Allianz Life Insurance employees. Bajaj Allianz Life Insurance is rated 4.4 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at Bajaj Allianz Life Insurance in Aurangabad?
The salary of a fresher at Bajaj Allianz Life Insurance in Aurangabad typically ranges from ₹1.2 Lakh to ₹14 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Senior Relationship Manager Salary ₹2.3 Lakhs to ₹4 Lakhs per year
Fresher as a Relationship Manager Salary ₹1.8 Lakhs to ₹4 Lakhs per year
Fresher as a Retail Partner Salary ₹1 Lakhs to ₹5 Lakhs per year
Fresher as a Executive Relationship Manager Salary ₹3 Lakhs to ₹3.8 Lakhs per year

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Average annual salary in Bajaj Allianz Life Insurance , Aurangabad is INRunlock blur . Salary estimates are based on 20+ Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.

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