Bajaj Allianz Life Insurance Bancassurance Officer Salaries by 10 Employees (Updated 2025)

1 - 5 years exp.

₹2.3 Lakhs - ₹3.3 Lakhs

Low Confidence

Salary of majority employees

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At par with the average Bancassurance Officer Salary in Insurance Companies for 1 - 5 years of experience

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Last Updated: 1 Jun 2024

Companies similar to Bajaj Allianz Life Insurance for Bancassurance Officer

Company name	Avg Annual Salary	Open Jobs
HDFC Life Bancassurance Officer Salary 0 - 5 years exp. (65 salaries)	Unlock ₹1.5 L/yr - ₹4.5 L/yr 4% more
ICICI Prudential Life Insurance Bancassurance Officer Salary 1 - 5 years exp. (19 salaries)	Unlock ₹1.5 L/yr - ₹4.5 L/yr 2% more
Login to view exact salary
SBI Life Insurance Company Bancassurance Officer Salary 1 - 7 years exp. (5 salaries)	Unlock ₹2.6 L/yr - ₹4 L/yr 23% more
Axis Max Life Insurance Bancassurance Officer Salary 1 - 5 years exp. (21 salaries)	Unlock ₹2.1 L/yr - ₹4 L/yr 1% less
Kotak Mahindara Life Insurance Bancassurance Officer Salary 1 - 7 years exp. (4 salaries)	Unlock ₹2.7 L/yr - ₹4.5 L/yr 32% more
Tata AIA Life Insurance Bancassurance Officer Salary 0 - 5 years exp. (70 salaries)	Unlock ₹2.1 L/yr - ₹3.5 L/yr 2% more
PNB MetLife Bancassurance Officer Salary 0 - 5 years exp. (6 salaries)	Unlock ₹3 L/yr - ₹4.3 L/yr 15% more
Aditya Birla Sun Life Insurance Bancassurance Officer Salary 0 - 5 years exp. (13 salaries)	Unlock ₹2.3 L/yr - ₹4 L/yr 15% more
HDFC Ergo General Insurance Bancassurance Officer Salary 3 - 5 years exp. (11 salaries)	Unlock ₹2.6 L/yr - ₹4.3 L/yr 21% more
ICICI Lombard General Insurance Company Bancassurance Officer Salary 1 - 6 years exp. (6 salaries)	Unlock ₹3 L/yr - ₹3.6 L/yr 20% more
Life Insurance Corporation of India Bancassurance Officer Salary 2 - 11 years exp. (4 salaries)	Unlock ₹2.2 L/yr - ₹3 L/yr 9% less
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Tata AIG Bancassurance Officer Salary 1 - 9 years exp. (4 salaries)	Unlock ₹1.7 L/yr - ₹5.2 L/yr 52% more
Bajaj Allianz General Insurance Bancassurance Officer Salary 1 - 2 years exp. (4 salaries)	Unlock ₹1.2 L/yr - ₹3 L/yr 18% less
Shriram Life Insurance Bancassurance Officer Salary 3 - 5 years exp. (3 salaries)	Unlock ₹1.8 L/yr - ₹2.3 L/yr 27% less
Niva Bupa Health Insurance Company Bancassurance Officer Salary 2 - 4 years exp. (3 salaries)	Unlock ₹3.3 L/yr - ₹3.5 L/yr 22% more

Bancassurance Officer salary at Bajaj Allianz Life Insurance ranges between ₹2.3 Lakhs to ₹3.3 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 10 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Experience wise Bajaj Allianz Life Insurance Bancassurance Officer salaries

Last Updated: 1 Jun 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	Unlock ₹2.3 L/yr - ₹4.9 L/yr
2 years (4 salaries)	Unlock ₹2.3 L/yr - ₹3.1 L/yr
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3 years (AmbitionBox Estimate)	Unlock ₹2.3 L/yr - ₹2.8 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹1.1 L/yr - ₹3.3 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹1.1 L/yr - ₹3.3 L/yr

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Top skills at Bajaj Allianz Life Insurance for Bancassurance Officer

Life Insurance Bancassurance Maintenance LI Banking

Salary related reviews for Bajaj Allianz Life Insurance

3.4

Rated by 4 employees for salary & benefits

Cluster Manager in Kolkata

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.

Salary - Excellent

+3 more

Dislikes

Nothing as of now.

Executive Relationship Manager in Srinagar

Full Time

Sales & Business Development Department

1.0

• posted on 07 Sep 2024

4.0

for Salary and Benefits

Likes

Salary credited on time every month

Salary - Good

+1 more

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

Skill development - Bad

+4 more

Relationship Manager in Bangalore / Bengaluru

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.

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

Executive Relationship Manager in Patiala

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 03 Nov 2023

4.0

for Salary and Benefits

Likes

I liked about incentives, recognition, accommodations also about some investment traditional plans which good as compared to market. Also like term plan of bajaj Allianz life Which cheaper in the market and they give handsome discounts to their employees for self purchase.

Salary - Good

+1 more

Dislikes

...d office. No matter how far away form your place and no matter what is the time. Too much traveling, half of your salary was gone in traveling. If we talk about support from colleagues and manager or administration everyone just showing they doing but actually no one doing anything.

Skill development - Poor

+2 more

Sales Manager in New Delhi

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.

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

Salary - Bad

+6 more

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Bajaj Allianz Life Insurance Bancassurance Officer Salary FAQs

What is the salary of Bancassurance Officer at Bajaj Allianz Life Insurance?

Bancassurance Officer salary at Bajaj Allianz Life Insurance in India ranges between ₹2.3 Lakhs to ₹3.3 Lakhs for experience between 1 years to 5 years. According to our estimates it is 3% less than the average Bancassurance Officer Salary in India. Salary estimates are based on 10 latest salaries received from various employees of Bajaj Allianz Life Insurance India.

How does the salary of a Bancassurance Officer at Bajaj Allianz Life Insurance India compare with the average salary range for this job?

The average salary of a Bancassurance Officer at Bajaj Allianz Life Insurance is 3% less than the average salary of a Bancassurance Officer in India. To know exact salary insights, login to view.

What are the top skills required to work as a Bancassurance Officer at Bajaj Allianz Life Insurance?

Life Insurance, Bancassurance, Maintenance, LI and Banking are some of the popular skills required to work as a Bancassurance Officer at Bajaj Allianz Life Insurance India.

Which similar companies are paying more than Bajaj Allianz Life Insurance to a Bancassurance Officer in India?

Tata AIG Bancassurance Officer Salary - ₹1.7 Lakhs to ₹5.2 Lakhs per year
Kotak Mahindara Life Insurance Bancassurance Officer Salary - ₹2.7 Lakhs to ₹4.5 Lakhs per year
SBI Life Insurance Company Bancassurance Officer Salary - ₹2.6 Lakhs to ₹4.0 Lakhs per year
Niva Bupa Health Insurance Company Bancassurance Officer Salary - ₹3.3 Lakhs to ₹3.5 Lakhs per year
HDFC Ergo General Insurance Bancassurance Officer Salary - ₹2.6 Lakhs to ₹4.3 Lakhs per year

What is the salary of a Bancassurance Officer in companies similar to Bajaj Allianz Life Insurance in India?

ICICI Lombard General Insurance Company Bancassurance Officer Salary - ₹3.0 Lakhs to ₹3.6 Lakhs per year
Aditya Birla Sun Life Insurance Bancassurance Officer Salary - ₹2.3 Lakhs to ₹4.0 Lakhs per year
PNB MetLife Bancassurance Officer Salary - ₹3.0 Lakhs to ₹4.3 Lakhs per year
HDFC Life Bancassurance Officer Salary - ₹1.5 Lakhs to ₹4.5 Lakhs per year
ICICI Prudential Life Insurance Bancassurance Officer Salary - ₹1.5 Lakhs to ₹4.5 Lakhs per year

What is the estimated take home salary of a Bancassurance Officer at Bajaj Allianz Life Insurance in India?

The estimated take-home salary of a Bancassurance Officer at Bajaj Allianz Life Insurance ranges between ₹19,463 per month to ₹21,134 per month in India. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance Bancassurance Officer salary in India which ranges between ₹2.3 Lakhs to ₹3.3 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Bancassurance Officer at Bajaj Allianz Life Insurance?

According to AmbitionBox, 57% of the Bajaj Allianz Life Insurance Bancassurance Officers reported a notice period of 1 Month, 43% reported a notice period of 15 days or less.This is based on 7 responses on AmbitionBox in last 2 years.

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Bajaj Allianz Life Insurance Bancassurance Officer Salaries

Bajaj Allianz Life Insurance Bancassurance Officer salary in India ranges between ₹2.3 Lakhs to ₹3.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.