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4.0

based on 4.5k Reviews

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Bajaj Allianz Life Insurance Branch Sales Manager salaries in Mumbai

Annual salary range
2 - 10 years exp.
₹3.7 Lakhs - ₹5 Lakhs
Salary of majority employees
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38% less than the average Branch Sales Manager Salary in Insurance Companies for 2 - 10 years of experience

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Salaries in different departments

Sales & Business Development
Branch Sales Manager Salary
4 - 8 years exp. (4 salaries)
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₹3.7 L/yr - ₹4.1 L/yr

BFSI, Investments & Trading
Branch Sales Manager Salary
3 - 10 years exp. (AmbitionBox Estimate)
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₹3.8 L/yr - ₹5 L/yr

Last Updated: 2 Sep 2024

Companies similar to Bajaj Allianz Life Insurance for Branch Sales Manager in Mumbai

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Bajaj Allianz Life Insurance Branch Sales Manager Salary

2 - 10 years exp. (7 salaries)

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₹3.7 L/yr - ₹5 L/yr

vs
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HDFC Life Branch Sales Manager Salary

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₹5 L/yr - ₹8 L/yr

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₹6.6 L/yr - ₹7.2 L/yr

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ICICI Bank Branch Sales Manager Salary

1 - 15 years exp. (175 salaries)

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₹3.5 L/yr - ₹14 L/yr

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HDFC Bank Branch Sales Manager Salary

4 - 13 years exp. (105 salaries)

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₹3.1 L/yr - ₹12 L/yr

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2 job openings
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₹3.3 L/yr - ₹10 L/yr

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Branch Sales Manager salary at Bajaj Allianz Life Insurance ranges between ₹3.7 Lakhs to ₹5 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 7 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Latest annual salaries shared by Bajaj Allianz Life Insurance Branch Sales Manager in Mumbai

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7 years exp.
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Experience wise Bajaj Allianz Life Insurance Branch Sales Manager salaries in Mumbai

Last Updated: 2 Sep 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹7 L/yr
3 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹7.1 L/yr
4 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹7.2 L/yr
5 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹4.7 L/yr
6 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹7.5 L/yr
View all

Similar Designation salaries in Bajaj Allianz Life Insurance

Sales Manager Salary
(19 salaries)
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₹2.4 L/yr - ₹5 L/yr
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₹3 L/yr - ₹5 L/yr
Branch Manager Salary
(15 salaries)
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₹5.1 L/yr - ₹12 L/yr
Area Manager Salary
(13 salaries)
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₹5 L/yr - ₹13 L/yr
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₹8.4 L/yr - ₹14 L/yr
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₹5 L/yr - ₹12 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

3.0

Rated by 1 employees for salary & benefits

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.

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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.

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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.

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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

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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

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.

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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 Sales Manager Salary FAQs

What is the salary of Branch Sales Manager at Bajaj Allianz Life Insurance Mumbai?
Branch Sales Manager salary at Bajaj Allianz Life Insurance in Mumbai ranges between ₹3.7 Lakhs to ₹5.0 Lakhs for experience between 2 years to 10 years. According to our estimates it is 38% less than the average Branch Sales Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Bajaj Allianz Life Insurance Mumbai.
How does the salary of a Branch Sales Manager at Bajaj Allianz Life Insurance Mumbai compare with the average salary range for this job?
The average salary of a Branch Sales Manager at Bajaj Allianz Life Insurance is 38% less than the average salary of a Branch Sales Manager in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Branch Sales Manager at Bajaj Allianz Life Insurance?
Branch Management, Insurance Sales, Data Analysis, LMS and Sales Management are some of the popular skills required to work as a Branch Sales Manager at Bajaj Allianz Life Insurance Mumbai.
Which similar companies are paying more than Bajaj Allianz Life Insurance to a Branch Sales Manager in Mumbai?
  • ICICI Bank Branch Sales Manager Salary - ₹3.5 Lakhs to ₹14.0 Lakhs per year
  • HDFC Bank Branch Sales Manager Salary - ₹3.1 Lakhs to ₹12.0 Lakhs per year
  • HDFC Life Branch Sales Manager Salary - ₹5.0 Lakhs to ₹8.0 Lakhs per year
  • Tata AIA Life Insurance Branch Sales Manager Salary - ₹6.6 Lakhs to ₹7.2 Lakhs per year
  • Piramal Capital Housing Finance Branch Sales Manager Salary - ₹3.3 Lakhs to ₹10.0 Lakhs per year
What is the estimated take home salary of a Branch Sales Manager at Bajaj Allianz Life Insurance in Mumbai?
The estimated take-home salary of a Branch Sales Manager at Bajaj Allianz Life Insurance ranges between ₹31,620 per month to ₹32,910 per month in Mumbai. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance Branch Sales Manager salary in India which ranges between ₹3.7 Lakhs to ₹5.0 Lakhs per year for employees with experience between 2 years to 10 years. Check how did we calculate take home salary?
What is the notice period for Branch Sales Manager at Bajaj Allianz Life Insurance in Mumbai?
According to AmbitionBox, 86% of the Bajaj Allianz Life Insurance Branch Sales Managers in Mumbai reported a notice period of 1 Month, 14% reported a notice period of 15 days or less.This is based on 7 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Bajaj Allianz Life Insurance Branch Sales Manager salary in Mumbai ranges between ₹3.7 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.