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4.0

based on 4.5k Reviews

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Bhagalpur
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Bajaj Allianz Life Insurance Sales & Business Development Department Salaries in Bhagalpur

based on 4 latest salaries
Designation Avg Annual Salary Open Jobs

Executive Sales Manager

6 - 7 years exp. · Bhagalpur (AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.5 L/yr

Senior Branch Manager

14 years exp. · Bhagalpur (AmbitionBox Estimate)
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₹10 L/yr - ₹12.2 L/yr

Senior Business Development Manager

5 years exp. · Bhagalpur (AmbitionBox Estimate)
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₹4.5 L/yr - ₹4.7 L/yr

Last Updated: 8 Oct, 2024

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2w
a technical project manager
Deadend
Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?
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Salary related reviews for Bajaj Allianz Life Insurance

4.7

Rated by 2 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

read 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.

read more

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

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 (25)Relationship Manager (16)Business Sales Manager (15)Executive Relationship Manager (15)
View all 287 interview experiences

Know more about Bajaj Allianz Life Insurance Bhagalpur

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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 4 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 4.7/5 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 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 Relationship Manager the minimum salary is ₹2 Lakhs to ₹4.1 Lakhs per year, and for Relationship Manager the minimum salary is ₹1.4 Lakh to ₹4.8 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 Bhagalpur?
According to AmbitionBox, 50% of the Bajaj Allianz Life Insurance employees in Sales & Business Development Department in Bhagalpur reported a notice period of 1 Month, 33% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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Average annual salary in Sales & Business Development department at Bajaj Allianz Life Insurance , Bhagalpur is INRunlock blur . Salary estimates are based on 4 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.

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