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Bajaj Allianz Life Insurance Branch Head salaries in India (Updated 2025)

Annual salary range
8 - 17 years exp.
₹6 Lakhs - ₹13 Lakhs
Salary of majority employees
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17% less than the average Branch Head Salary in Insurance Companies for 8 - 17 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading
Branch Head Salary
8 - 17 years exp. (16 salaries)
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₹6.6 L/yr - ₹13 L/yr

Sales & Business Development
Branch Head Salary
12 - 15 years exp. (6 salaries)
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₹6.3 L/yr - ₹11 L/yr

Marketing & Communication
Branch Head Salary
12 - 17 years exp. (4 salaries)
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₹8.5 L/yr - ₹11.9 L/yr

Finance & Accounting
Branch Head Salary
14 - 15 years exp. (AmbitionBox Estimate)
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₹10 L/yr - ₹13 L/yr

Last Updated: 7 Mar 2025

Companies similar to Bajaj Allianz Life Insurance for Branch Head

Company name Avg Annual Salary Open Jobs
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HDFC Life Branch Head Salary

5 - 18 years exp. (166 salaries)

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₹5.5 L/yr - ₹12 L/yr

arrow icon 4% more
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₹8 L/yr - ₹17 L/yr

arrow icon 44% more
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₹5.6 L/yr - ₹15.5 L/yr

arrow icon 25% more
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Tata AIA Life Insurance Branch Head Salary

9 - 23 years exp. (32 salaries)

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₹8.3 L/yr - ₹15.5 L/yr

arrow icon 36% more
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₹6 L/yr - ₹12 L/yr

arrow icon 4% less
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SBI Life Insurance Company Branch Head Salary

10 - 20 years exp. (26 salaries)

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₹6 L/yr - ₹15 L/yr

arrow icon 15% more
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₹6.7 L/yr - ₹13 L/yr

At par
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Axis Max Life Insurance Branch Head Salary

11 - 20 years exp. (21 salaries)

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₹9 L/yr - ₹17 L/yr

arrow icon 41% more
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Shriram Life Insurance Branch Head Salary

7 - 13 years exp. (17 salaries)

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₹4.5 L/yr - ₹7.7 L/yr

arrow icon 33% less
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₹8.3 L/yr - ₹13.5 L/yr

arrow icon 17% more
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₹6.5 L/yr - ₹11.2 L/yr

arrow icon 15% less
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₹8 L/yr - ₹9 L/yr

arrow icon 6% less
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₹8.5 L/yr - ₹14 L/yr

arrow icon 17% more
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HDFC Ergo General Insurance Branch Head Salary

10 - 16 years exp. (8 salaries)

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₹6.3 L/yr - ₹11.8 L/yr

arrow icon 9% more
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Tata AIG Branch Head Salary

9 - 20 years exp. (6 salaries)

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₹7.5 L/yr - ₹12 L/yr

arrow icon 5% more
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₹7.1 L/yr - ₹10.4 L/yr

arrow icon 7% more
Branch Head salary at Bajaj Allianz Life Insurance ranges between ₹6 Lakhs to ₹13 Lakhs per year for employees with experience between 8 years to 17 years. Salary estimates are based on 32 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Latest annual salaries shared by Bajaj Allianz Life Insurance Branch Head

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14 years exp.
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13 years exp.
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12 years exp.
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13 years exp.
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15 years exp.
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17 years exp.
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14 years exp.
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14 years exp.
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17 years exp.
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12 years exp.

Experience wise Bajaj Allianz Life Insurance Branch Head salaries

Last Updated: 7 Mar 2025

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

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₹7.1 L/yr - ₹10 L/yr
9 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹10 L/yr
10 years (AmbitionBox Estimate)

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₹7.8 L/yr - ₹9.9 L/yr
11 years (AmbitionBox Estimate)

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₹7.9 L/yr - ₹10.1 L/yr
12 years  (5 salaries)

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₹7 L/yr - ₹13 L/yr
View all

Similar Designation salaries in Bajaj Allianz Life Insurance

Area Head Salary
(20 salaries)
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₹5 L/yr - ₹16 L/yr
Branch Manager Salary
(127 salaries)
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₹4.5 L/yr - ₹12.13 L/yr
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₹4 L/yr - ₹7 L/yr
Cluster Head Salary
(24 salaries)
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₹7 L/yr - ₹13 L/yr
Accountant Salary
(AmbitionBox Estimate)
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₹4.9 L/yr - ₹6.2 L/yr
Area Manager Salary
(212 salaries)
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₹5 L/yr - ₹16.5 L/yr
Credit Manager Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
Sales Manager Salary
(209 salaries)
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₹1.9 L/yr - ₹7 L/yr
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₹2.95 L/yr - ₹6.2 L/yr
Sales Officer Salary
(23 salaries)
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₹2 L/yr - ₹5.5 L/yr

Top skills at Bajaj Allianz Life Insurance for Branch Head

Team Handling Life Insurance Agency Sales Branch Sales

Salary related reviews for Bajaj Allianz Life Insurance

3.2

Rated by 17 employees for salary & benefits

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.

read more
  • Salary - Excellent
  • +3 more

Dislikes

Nothing as of now.

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.

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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.

read more
  • Salary - Bad
  • +6 more

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

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 16 Nov 2023

5.0
 for  Salary and Benefits

Likes

Good salary, nice incentive structure and promotion structure

  • Salary - Excellent
  • +4 more

Dislikes

No proper training , no support in business hence we lack in aquaring business as compared to Max life insurance aur competitors in axis bank channel.

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Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 25 Jun 2023

5.0
 for  Salary and Benefits

Likes

One of the best company to work and earn money , we can earn more incentives than salary, overall this is the best company in all insurance sectors.

read more
  • Salary - Excellent
  • +6 more

Dislikes

In banca channel, the company heads and co-heads has to interact with the bankers for freshers encouragement

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Bajaj Allianz Life Insurance Branch Head Salary FAQs

What is the salary of Branch Head at Bajaj Allianz Life Insurance ?
The average salary of a Branch Head at Bajaj Allianz Life Insurance in India typically ranges from ₹6.0 Lakhs to ₹13.0 Lakhs per year, depending on experience (from 8 years to 17 years).

The top 10% of Branch Head at Bajaj Allianz Life Insurance earn more than ₹12.8 Lakhs per year, and the top 1% earn over ₹13.0 Lakhs per year. Branch Head Salaries at Bajaj Allianz Life Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 30+ Bajaj Allianz Life Insurance employees in India.
What is the estimated take home salary of a Branch Head at Bajaj Allianz Life Insurance in India?
The estimated take-home salary of a Branch Head at Bajaj Allianz Life Insurance in India typically ranges from ₹65,399 to ₹67,068 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹13.0 Lakhs per year for employees with experience ranging from 8 years to 17 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 30+ salaries received from various employees of Bajaj Allianz Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Branch Head at Bajaj Allianz Life Insurance ?
To be a Branch Head at Bajaj Allianz Life Insurance in india, the key skills required include:

  • - Team Handling
  • - Life Insurance
  • - Agency Sales
  • - Branch Sales

These skills are highly valued at Bajaj Allianz Life Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Bajaj Allianz Life Insurance for Branch Head in India?
Aditya Birla Sun Life Insurance ₹8.0 Lakhs to ₹17.0 Lakhs per year
Axis Max Life Insurance ₹9.0 Lakhs to ₹17.0 Lakhs per year
Tata AIA Life Insurance ₹8.3 Lakhs to ₹15.5 Lakhs per year
ICICI Prudential Life Insurance ₹5.6 Lakhs to ₹15.5 Lakhs per year
Kotak Mahindara Life Insurance ₹8.5 Lakhs to ₹14.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bajaj Allianz Life Insurance, depending on the role and experience level.
What is the salary of a Branch Head in companies similar to Bajaj Allianz Life Insurance in India?
The salary of a Branch Head at companies similar to Bajaj Allianz Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Niva Bupa Health Insurance Company ₹8.3 Lakhs to ₹13.5 Lakhs per year
SBI Life Insurance Company ₹6.0 Lakhs to ₹15.0 Lakhs per year
HDFC Ergo General Insurance ₹6.3 Lakhs to ₹11.8 Lakhs per year
Bajaj Allianz General Insurance ₹7.1 Lakhs to ₹10.4 Lakhs per year
Tata AIG ₹7.5 Lakhs to ₹12.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Branch Head at Bajaj Allianz Life Insurance in India?
The salary growth for a Branch Head at Bajaj Allianz Life Insurance depends on factors such as experience, performance, and promotions. On average, a Branch Head can expect the following growth trajectory at Bajaj Allianz Life Insurance:

Experience Average Salary Range
8 years ₹7.1 Lakhs to ₹10.0 Lakhs per year
9 years ₹3.4 Lakhs to ₹10.0 Lakhs per year
10 years ₹7.8 Lakhs to ₹9.9 Lakhs per year
11 years ₹7.9 Lakhs to ₹10.1 Lakhs per year
and so on.

Tell us how to improve this page.

Bajaj Allianz Life Insurance Branch Head salary in India ranges between ₹6 Lakhs to ₹13 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 32 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.