Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by Bajaj Allianz Life Insurance Team. If you also belong to the team, you can get access from here

Bajaj Allianz Life Insurance Verified Tick

Compare button icon Compare button icon Compare
4.0

based on 4.7k Reviews

filter salariesFilter salaries by

Bajaj Allianz Life Insurance BM salaries in India

Annual salary range
3 - 15 years exp.
₹5.4 Lakhs - ₹8 Lakhs
Low Confidence
info icon
Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
unlock blur
unlock blur

17% more than the average BM Salary in Insurance Companies for 3 - 15 years of experience

Interested in this particular role?

Salaries in different departments

Sales & Business Development
BM Salary
5 - 6 years exp. (AmbitionBox Estimate)
unlock-blur

₹5.4 L/yr - ₹6.6 L/yr

BFSI, Investments & Trading
BM Salary
3 years exp. (AmbitionBox Estimate)
unlock-blur

₹4.8 L/yr - ₹5.9 L/yr

Last Updated: 8 Dec 2023

Companies similar to Bajaj Allianz Life Insurance for BM

Company name Avg Annual Salary Open Jobs
Logo
ICICI Prudential Life Insurance BM Salary

5 - 10 years exp. (3 salaries)

unlock blur

₹5 L/yr - ₹6.8 L/yr

arrow icon 13% less
Logo
HDFC Life BM Salary

9 - 15 years exp. (6 salaries)

unlock blur

₹6 L/yr - ₹11.5 L/yr

arrow icon 39% more
Logo
SBI Life Insurance Company BM Salary

12 - 16 years exp. (4 salaries)

unlock blur

₹6.3 L/yr - ₹10.8 L/yr

arrow icon 29% more
Logo
Reliance Nippon Life Insurance BM Salary

10 - 17 years exp. (5 salaries)

unlock blur

₹8 L/yr - ₹8.3 L/yr

arrow icon 22% more
Logo
Aditya Birla Sun Life Insurance BM Salary

11 - 19 years exp. (4 salaries)

unlock blur

₹8 L/yr - ₹12.8 L/yr

arrow icon 65% more
Logo
Shriram Life Insurance BM Salary

5 - 27 years exp. (4 salaries)

unlock blur

₹2.8 L/yr - ₹6 L/yr

arrow icon 28% less
Logo
Care Health Insurance BM Salary

10 - 13 years exp. (4 salaries)

unlock blur

₹4.5 L/yr - ₹6.5 L/yr

arrow icon 13% less
BM salary at Bajaj Allianz Life Insurance ranges between ₹5.4 Lakhs to ₹8 Lakhs per year for employees with experience between 3 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Latest annual salaries shared by Bajaj Allianz Life Insurance BM

1y ago
avg blur mobile
6 years exp.
1y ago
avg blur mobile
5 years exp.
1y ago
avg blur mobile
3 years exp.

Experience wise Bajaj Allianz Life Insurance BM salaries

Last Updated: 8 Dec 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

unlock blur

₹5.4 L/yr - ₹9.7 L/yr
4 years (AmbitionBox Estimate)

unlock blur

₹5 L/yr - ₹6.4 L/yr
5 years (AmbitionBox Estimate)

unlock blur

₹2.3 L/yr - ₹6 L/yr
6 years (AmbitionBox Estimate)

unlock blur

₹6 L/yr - ₹10.8 L/yr
7 years (AmbitionBox Estimate)

unlock blur

₹5.6 L/yr - ₹7.2 L/yr
View all

Similar Designation salaries in Bajaj Allianz Life Insurance

Deputy Manager Salary
(334 salaries)
unlock blur
₹4.5 L/yr - ₹16.68 L/yr
Area Manager Salary
(204 salaries)
unlock blur
₹5 L/yr - ₹16.5 L/yr
unlock blur
₹4.75 L/yr - ₹6.25 L/yr
unlock blur
₹1 L/yr - ₹6.5 L/yr
unlock blur
₹1 L/yr - ₹4.5 L/yr
unlock blur
₹1.1 L/yr - ₹7 L/yr
unlock blur
₹6 L/yr - ₹14.5 L/yr
Chief Manager Salary
(56 salaries)
unlock blur
₹12.5 L/yr - ₹37 L/yr
Project Manager Salary
(55 salaries)
unlock blur
₹6.6 L/yr - ₹18.26 L/yr
Team Lead Salary
(52 salaries)
unlock blur
₹0.8 L/yr - ₹7.25 L/yr

Salary related reviews for Bajaj Allianz Life Insurance

3.0

Rated by 2 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 13 Jul 2024

4.0
 for  Salary and Benefits

Likes

Salary is at par within Insurance Industry

  • Salary - Good

Dislikes

Job is a very good gift from God it cannot be bad. It serves you and your family. No dislikes. It can be possible that you get a bad manager who doesn't understand it's team members but it's okay, you get paid for your job noone else opinion matters. I agree that at some point of time tragactries of growth will get affected if your manager don't understand you but at the same time if you are not satisfied you can look for change.

read more

Full Time

 · 

Customer Success, Service & Operations Department

5.0
  •  posted on 08 Dec 2023

3.0
 for  Salary and Benefits

Likes

Every Thing is good culture seniors all things is good but in off roll employe salary not increase in 5 years that's the biggest concern for my side

read more
  • Skill development - Good
  • +3 more

Dislikes

Off Roll Employe salary not increase in 5 years that's the biggest concern for my side

read more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 11 Oct 2023

1.0
 for  Salary and Benefits

Likes

Nothing!!!!!!!

Dislikes

They're all fraud. At first they tell you that they'll give you fixed salary of 19k. For that you've to crack IRDAI exam , give them a business of 3L and four candidates. But after a completing it you'll eventually find out that there's nothing like fixed salary , they'll give you 7k if you give business of 50k minimum in a month and additional 12k if you give a business of 1L. FRAUDSTERS Mr. Parthajit Das (CRP) is one of the biggest liars anyone could face. Pls don't believe a single word what he says.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 30 Aug 2022

3.0
 for  Salary and Benefits

Likes

Job security is only good thing. Not much expect in terms of leaves and salary hike.

read more
  • Job security - Good

Dislikes

No work life balance. You have to work even on weekends as well as on leaves. I had joined about year ago and not a single day passed that I didn't had to open my laptop. Bosses tells like 'A soldier is never off duty'. I was at funeral and boss didn't even hesitated to say "baithe baithe kya hee karega.. laptop kholke cases maarde'

read more
  • Promotions - Poor
  • +3 more

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 07 Oct 2019

2.0
 for  Salary and Benefits

Likes

The experiance was good as fresher i learnt many things the work enviroment was also good.my manager was very supportive

read more
  • Skill development - Good
  • +1 more

Dislikes

Job security is poor becouse i was off role,and benefit or compensation was very low accoding to work

read more
  • Salary - Poor
  • +1 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Bajaj Allianz Life Insurance BM Salary FAQs

What is the salary of BM at Bajaj Allianz Life Insurance?
BM salary at Bajaj Allianz Life Insurance in India ranges between ₹5.4 Lakhs to ₹8.0 Lakhs for experience between 3 years to 15 years. According to our estimates it is 17% more than the average BM Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Allianz Life Insurance India.
How does the salary of a BM at Bajaj Allianz Life Insurance India compare with the average salary range for this job?
The average salary of a BM at Bajaj Allianz Life Insurance is 17% more than the average salary of a BM in India. To know exact salary insights, login to view.
Which similar companies are paying more than Bajaj Allianz Life Insurance to a BM in India?
  • Aditya Birla Sun Life Insurance BM Salary - ₹8.0 Lakhs to ₹12.8 Lakhs per year
  • HDFC Life BM Salary - ₹6.0 Lakhs to ₹11.5 Lakhs per year
  • SBI Life Insurance Company BM Salary - ₹6.3 Lakhs to ₹10.8 Lakhs per year
  • Reliance Nippon Life Insurance BM Salary - ₹8.0 Lakhs to ₹8.3 Lakhs per year
What is the salary of a BM in companies similar to Bajaj Allianz Life Insurance in India?
  • Care Health Insurance BM Salary - ₹4.5 Lakhs to ₹6.5 Lakhs per year
  • ICICI Prudential Life Insurance BM Salary - ₹5.0 Lakhs to ₹6.8 Lakhs per year
  • Shriram Life Insurance BM Salary - ₹2.8 Lakhs to ₹6.0 Lakhs per year
What is the estimated take home salary of a BM at Bajaj Allianz Life Insurance in India?
The estimated take-home salary of a BM at Bajaj Allianz Life Insurance ranges between ₹51,107 per month to ₹52,312 per month in India. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance BM salary in India which ranges between ₹5.4 Lakhs to ₹8.0 Lakhs per year for employees with experience between 3 years to 15 years. Check how did we calculate take home salary?
What is the notice period for BM at Bajaj Allianz Life Insurance?
According to AmbitionBox, 100% of the Bajaj Allianz Life Insurance BMs reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Bajaj Allianz Life Insurance BM salary in India ranges between ₹5.4 Lakhs to ₹8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.