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4.0

based on 4.6k Reviews

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Bangalore / Bengaluru
Sales & Business Development

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Bajaj Allianz Life Insurance Sales & Business Development Department Salaries in Bangalore / Bengaluru

based on 131 latest salaries
Designation Avg Annual Salary Open Jobs

Senior Head Circle

16 years exp. · Bangalore / Bengaluru (AmbitionBox Estimate)
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₹21.3 L/yr - ₹22 L/yr

Senior Regional Head

15 years exp. · Bangalore / Bengaluru (AmbitionBox Estimate)
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₹23.4 L/yr - ₹26 L/yr

Sfsm

1 year exp. · Bangalore / Bengaluru (AmbitionBox Estimate)
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₹3 L/yr - ₹3 L/yr

Insurance Manager

3 years exp. · Bangalore / Bengaluru (AmbitionBox Estimate)
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₹3.5 L/yr - ₹3.9 L/yr

Senior Executive

4 years exp. · Bangalore / Bengaluru (AmbitionBox Estimate)
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₹3.9 L/yr - ₹5.1 L/yr

Senior Manager

15 years exp. · Bangalore / Bengaluru (AmbitionBox Estimate)
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₹10 L/yr - ₹15.6 L/yr

2 job openings

Manager

6 years exp. · Bangalore / Bengaluru (AmbitionBox Estimate)
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₹6 L/yr - ₹11.2 L/yr

1 job opening

Business Partner

15 years exp. · Bangalore / Bengaluru (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr

Last Updated: 2 Jan, 2025

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a social media specialist
Salary Expectations
I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?
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Salary related reviews for Bajaj Allianz Life Insurance

4.0

Rated by 17 employees for salary & benefits

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

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

read more

Insurance Adviser in Kolkata

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 01 Apr 2024
1.0
 for  Salary and Benefits

Likes

"It has all types of working modes, including Remote and Hybrid."

Dislikes

After Joining the company They don't give proper salary to the employees till they can't sell any insurance to the customer after selling max 6-8 insurance policies then they will give the salary

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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.

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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

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Senior Business Development Manager in Soro

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 13 Sep 2022
4.0
 for  Salary and Benefits

Likes

Best product Friendly atmosphere Career growth Highest solvency retio Best claim settlement Best Hr service Etc....

Dislikes

One thing is internal career and salary growth is little bit slow.. If we have potential to prove ourselves in changing our label in our own company. Then stay with us.... Otherwise Employees are trying for other companies only for career and financial growth.

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Relationship Manager in Jaipur

Sales & Business Development Department

5.0
  •  posted on 11 Apr 2022
4.0
 for  Salary and Benefits

Likes

Overall work culture of the organisation is good and the management of the organisation is employee friendly

Dislikes

The only lacking point is that the organisation did not provide year on year salary hike until or unless someone did not achieve their yearly Targets.

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see more salary related reviews

Bajaj Allianz Life Insurance interview questions by designations

Senior Relationship Manager (26)Relationship Manager (16)Executive Relationship Manager (15)Business Sales Manager (15)
View all 288 interview experiences

Know more about Bajaj Allianz Life Insurance Bangalore / Bengaluru

More about working at Bajaj Allianz Life Insurance

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 131 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 4.0/5 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 ₹14.03 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 Sales Manager the minimum salary is ₹2.2 Lakhs to ₹4.5 Lakhs per year, and for Senior Relationship Manager the minimum salary is ₹2 Lakhs to ₹4.1 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 in Sales & Business Development Department in Bangalore / Bengaluru?
According to AmbitionBox, 43% of the Bajaj Allianz Life Insurance employees in Sales & Business Development Department in Bangalore / Bengaluru reported a notice period of 1 Month, 21% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 157 responses on AmbitionBox in last 2 years.

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Average annual salary in Sales & Business Development department at Bajaj Allianz Life Insurance , Bangalore / Bengaluru is INRunlock blur . Salary estimates are based on 131 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.

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