Bajaj Allianz Life Insurance Bancassurance Salaries by 3 Employees

5 - 8 years exp.

₹3.1 Lakhs - ₹3.3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

5% less than the average Bancassurance Salary in Insurance Companies for 5 - 8 years of experience

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Last Updated: 6 Apr 2023

Companies similar to Bajaj Allianz Life Insurance for Bancassurance

Company name	Avg Annual Salary	Open Jobs
HDFC Life Bancassurance Salary 0 - 6 years exp. (11 salaries)	₹1.8 L/yr - ₹5 L/yr 26% more	1 job opening
SBI Life Insurance Company Bancassurance Salary 3 - 8 years exp. (5 salaries)	₹2.8 L/yr - ₹4.2 L/yr 5% more
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ICICI Prudential Life Insurance Bancassurance Salary 0 - 2 years exp. (4 salaries)	₹2.5 L/yr - ₹3.1 L/yr 6% less
Axis Max Life Insurance Bancassurance Salary 2 - 8 years exp. (3 salaries)	₹3.2 L/yr - ₹3.4 L/yr 4% more	1 job opening
Tata AIA Life Insurance Bancassurance Salary 0 - 4 years exp. (3 salaries)	₹2.5 L/yr - ₹5 L/yr 10% more
Star Health & Allied Insurance Bancassurance Salary 2 - 6 years exp. (3 salaries)	₹2.8 L/yr - ₹3.8 L/yr 3% more
Niva Bupa Health Insurance Company Bancassurance Salary 0 - 2 years exp. (3 salaries)	₹3 L/yr - ₹4.6 L/yr 12% more

Bancassurance salary at Bajaj Allianz Life Insurance ranges between ₹3.1 Lakhs to ₹3.3 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 3 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Experience wise Bajaj Allianz Life Insurance Bancassurance salaries

Last Updated: 6 Apr 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹5.7 L/yr
6 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹5.7 L/yr
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7 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
8 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.1 L/yr

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Salary related reviews for Bajaj Allianz Life Insurance

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

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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.

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Salary credited on time every month

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Dislikes

In December i got gallbladder remove surgery and I got post surgery health issues i am not able to travel 50 kms/ day from branch to my residence and vice versa i had faced a lot of problems But my reporting manager namely ARSHAD WANI AND ASM Mr. ASHIQ don't coperate with me and send me abasccond mail and termination letter from hr total injustice Ganderbal Jammu and Kashmir Destroyed my career

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Relationship Manager in Bangalore / Bengaluru

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• posted on 29 Feb 2024

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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.

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.

Salary - Bad

+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 Life Insurance Bancassurance Salary FAQs

How the salary growth look like for a Bancassurance at Bajaj Allianz Life Insurance in India?

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

Experience	Average Salary Range
5 years	₹3.1 Lakhs to ₹5.7 Lakhs per year
6 years	₹3.1 Lakhs to ₹5.7 Lakhs per year
7 years	₹2.8 Lakhs to ₹3.6 Lakhs per year
8 years	₹1.2 Lakhs to ₹3.1 Lakhs per year

and so on.

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Bajaj Allianz Life Insurance Bancassurance Salaries

Bajaj Allianz Life Insurance Bancassurance salary in India ranges between ₹3.1 Lakhs to ₹3.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.