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Bajaj Allianz Life Insurance Branch Sales Manager salaries in Hyderabad / Secunderabad (Updated 2025)

Annual salary range
2 - 7 years exp.
₹3.6 Lakhs - ₹5.2 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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34% less than the average Branch Sales Manager Salary in Insurance Companies for 2 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Branch Sales Manager Salary
6 - 7 years exp. (3 salaries)
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₹3.6 L/yr - ₹5.2 L/yr

Customer Success, Service & Operations
Branch Sales Manager Salary
2 years exp. (AmbitionBox Estimate)
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₹3.5 L/yr - ₹4.5 L/yr

Sales & Business Development
Branch Sales Manager Salary
4 years exp. (AmbitionBox Estimate)
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₹4.1 L/yr - ₹4.5 L/yr

Last Updated: 1 Mar 2025

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

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Bajaj Allianz Life Insurance Branch Sales Manager Salary

2 - 7 years exp. (5 salaries)

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₹3.6 L/yr - ₹5.2 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Life Branch Sales Manager Salary

6 - 11 years exp. (5 salaries)

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₹7.2 L/yr - ₹9 L/yr

arrow icon 76% more
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ICICI Bank Branch Sales Manager Salary

1 - 14 years exp. (88 salaries)

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₹3.3 L/yr - ₹11.5 L/yr

arrow icon 62% more
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HDFC Bank Branch Sales Manager Salary

4 - 15 years exp. (64 salaries)

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₹3.5 L/yr - ₹11.5 L/yr

arrow icon 74% more
8 job openings
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₹3.6 L/yr - ₹9 L/yr

arrow icon 57% more
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Axis Bank Branch Sales Manager Salary

3 - 13 years exp. (42 salaries)

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₹3 L/yr - ₹10.5 L/yr

arrow icon 61% more
3 job openings
Branch Sales Manager salary at Bajaj Allianz Life Insurance ranges between ₹3.6 Lakhs to ₹5.2 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 5 latest salaries received from various employees of Bajaj Allianz Life Insurance.

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

1mo ago
₹4.1 Lakhs
4 years exp.
2mo ago
₹4.5 Lakhs
2 years exp.

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

Last Updated: 1 Mar 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹4.8 L/yr
3 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.8 L/yr
4 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.9 L/yr
5 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹5 L/yr
6 years (AmbitionBox Estimate)

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₹4 L/yr - ₹5.1 L/yr
View all

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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₹2.5 L/yr - ₹3.5 L/yr
Area Manager Salary
(6 salaries)
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₹8.8 L/yr - ₹13.5 L/yr
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₹6.95 L/yr - ₹13 L/yr
Branch Head Salary
(3 salaries)
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₹6 L/yr - ₹11.9 L/yr
Branch Manager Salary
(3 salaries)
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₹7 L/yr - ₹10 L/yr

Top skills at Bajaj Allianz Life Insurance for Branch Sales Manager

Branch Management Insurance Sales Data Analysis LMS Sales Management MIS

Salary related reviews for Bajaj Allianz Life Insurance

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 25 Apr 2022

5.0
 for  Salary and Benefits

Likes

...mmates is transparent. There is a huge cafeteria and gaming arcade fir chilling. Cimpany policies are good apprasals are fair and they give good salary hike and bonus every year.

read more
  • Salary - Excellent
  • +6 more

Dislikes

There is a lot of politics and the management doesn't address our issue.salary is decent but career growth is slow.there is a bond of 2 years before which you cannot resign.on the job training is not given to new joinees.

read more

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.

read more

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.

read more
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Bajaj Allianz Life Insurance Branch Sales Manager Salary FAQs

What is the salary of Branch Sales Manager at Bajaj Allianz Life Insurance in Hyderabad / Secunderabad?
The average salary of a Branch Sales Manager at Bajaj Allianz Life Insurance in Hyderabad / Secunderabad typically ranges from ₹3.6 Lakhs to ₹5.2 Lakhs per year, depending on experience (from 2 years to 7 years).

The top 10% of Branch Sales Manager in Hyderabad / Secunderabad at Bajaj Allianz Life Insurance earn more than ₹5.2 Lakhs per year, and the top 1% earn over ₹5.2 Lakhs per year. Branch Sales Manager 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 5 Bajaj Allianz Life Insurance employees in India.
What is the estimated take home salary of a Branch Sales Manager at Bajaj Allianz Life Insurance in Hyderabad / Secunderabad?
The estimated take-home salary of a Branch Sales Manager at Bajaj Allianz Life Insurance in Hyderabad / Secunderabad typically ranges from ₹32,458 to ₹33,736 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹5.2 Lakhs per year for employees with experience ranging from 2 years to 7 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 5 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 Sales Manager at Bajaj Allianz Life Insurance in Hyderabad / Secunderabad?
To be a Branch Sales Manager at Bajaj Allianz Life Insurance in Hyderabad / Secunderabad, the key skills required include:

  • - Branch Management
  • - Insurance Sales
  • - Data Analysis
  • - LMS
  • - Sales Management

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 Sales Manager in India?
HDFC Life ₹7.2 Lakhs to ₹9.0 Lakhs per year
HDFC Bank ₹3.5 Lakhs to ₹11.5 Lakhs per year
ICICI Bank ₹3.3 Lakhs to ₹11.5 Lakhs per year
Axis Bank ₹3.0 Lakhs to ₹10.5 Lakhs per year
Piramal Capital Housing Finance ₹3.6 Lakhs to ₹9.0 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.
How the salary growth look like for a Branch Sales Manager at Bajaj Allianz Life Insurance in Hyderabad / Secunderabad?
The salary growth for a Branch Sales Manager at Bajaj Allianz Life Insurance in Hyderabad / Secunderabad depends on factors such as experience, performance, and promotions. On average, a Branch Sales Manager in Hyderabad / Secunderabad can expect the following growth trajectory at Bajaj Allianz Life Insurance:

Experience Average Salary Range
2 years ₹3.7 Lakhs to ₹4.8 Lakhs per year
3 years ₹3.8 Lakhs to ₹4.8 Lakhs per year
4 years ₹3.8 Lakhs to ₹4.9 Lakhs per year
5 years ₹3.9 Lakhs to ₹5.0 Lakhs per year
and so on.

Tell us how to improve this page.

Bajaj Allianz Life Insurance Branch Sales Manager salary in Hyderabad / Secunderabad ranges between ₹3.6 Lakhs to ₹5.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.