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4.0

based on 4.6k Reviews

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Bajaj Allianz Life Insurance Branch Manager salaries in Hyderabad / Secunderabad

Annual salary range
11 - 12 years exp.
₹7 Lakhs - ₹10 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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18% less than the average Branch Manager Salary in Insurance Companies for 11 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Branch Manager Salary
12 years exp. (AmbitionBox Estimate)
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₹7.9 L/yr - ₹10 L/yr

Marketing & Communication
Branch Manager Salary
12 years exp. (AmbitionBox Estimate)
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₹6.7 L/yr - ₹10 L/yr

Sales & Business Development
Branch Manager Salary
11 years exp. (AmbitionBox Estimate)
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₹7 L/yr - ₹9.6 L/yr

Last Updated: 2 Jan 2025

Companies similar to Bajaj Allianz Life Insurance for Branch Manager in Hyderabad / Secunderabad

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Bajaj Allianz Life Insurance Branch Manager Salary

11 - 12 years exp. (3 salaries)

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₹7 L/yr - ₹10 L/yr

vs
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HDFC Life Branch Manager Salary

6 - 17 years exp. (21 salaries)

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₹6 L/yr - ₹11.3 L/yr

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₹6 L/yr - ₹17 L/yr

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₹4.5 L/yr - ₹10 L/yr

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₹7 L/yr - ₹13 L/yr

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₹6.5 L/yr - ₹10.5 L/yr

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₹8.3 L/yr - ₹13 L/yr

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Branch Manager salary at Bajaj Allianz Life Insurance ranges between ₹7 Lakhs to ₹10 Lakhs per year for employees with experience between 11 years to 12 years. Salary estimates are based on 3 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Latest annual salaries shared by Bajaj Allianz Life Insurance Branch Manager in Hyderabad / Secunderabad

2w ago
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12 years exp.
1mo ago
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12 years exp.

Experience wise Bajaj Allianz Life Insurance Branch Manager salaries in Hyderabad / Secunderabad

Last Updated: 2 Jan 2025

Experience Avg Annual Salary
11 years (AmbitionBox Estimate)

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₹7 L/yr - ₹14.6 L/yr
12 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹10 L/yr

Similar Designation salaries in Bajaj Allianz Life Insurance

Sales Manager Salary
(19 salaries)
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₹2.5 L/yr - ₹7 L/yr
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₹3.3 L/yr - ₹5.15 L/yr
Area Manager Salary
(5 salaries)
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₹8.8 L/yr - ₹13.5 L/yr
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₹6.95 L/yr - ₹13 L/yr

Top skills at Bajaj Allianz Life Insurance for Branch Manager

Life Insurance Team Handling Sales Team Management Agency Channel Insurance Branch Management Agency Management Recruitment Agency Sales Direct Sales Team Handling Life Insurance Marketing Agency Sales

Salary related reviews for Bajaj Allianz Life Insurance

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 Manager Salary FAQs

What is the notice period for Branch Manager at Bajaj Allianz Life Insurance in Hyderabad / Secunderabad?
According to AmbitionBox, 67% of the Bajaj Allianz Life Insurance Branch Managers in Hyderabad / Secunderabad reported a notice period of 1 Month, 33% reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Bajaj Allianz Life Insurance Branch Manager salary in Hyderabad / Secunderabad ranges between ₹7 Lakhs to ₹10 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.