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4.0

based on 4.5k Reviews

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Bajaj Allianz Life Insurance Business Development salaries in India

Annual salary range
Select experience
₹3.8 Lakhs - ₹5.3 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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30% less than the average Business Development Salary in Insurance Companies for 1 year of experience

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Last Updated: 1 Mar 2023

Companies similar to Bajaj Allianz Life Insurance for Business Development

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₹3.5 L/yr - ₹21 L/yr

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₹5.5 L/yr - ₹24 L/yr

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Business Development salary at Bajaj Allianz Life Insurance ranges between ₹3.8 Lakhs to ₹5.3 Lakhs per year for employees with 1 year of experience. 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 Business Development

1y ago
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1 year exp.

Experience wise Bajaj Allianz Life Insurance Business Development salaries

Last Updated: 1 Mar 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.8 L/yr

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Salary related reviews for Bajaj Allianz Life Insurance

4.5

Rated by 2 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 07 Sep 2024

4.0
 for  Salary and Benefits

Likes

Salary credited on time every month

Dislikes

In December i got gallbladder remove surgery and I got post surgery health issues i am not able to travel 50 kms/ day from branch to my residence and vice versa i had faced a lot of problems But my reporting manager namely ARSHAD WANI AND ASM Mr. ASHIQ don't coperate with me and send me abasccond mail and termination letter from hr total injustice Ganderbal Jammu and Kashmir Destroyed my career

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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

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 03 Nov 2023

4.0
 for  Salary and Benefits

Likes

I liked about incentives, recognition, accommodations also about some investment traditional plans which good as compared to market. Also like term plan of bajaj Allianz life Which cheaper in the market and they give handsome discounts to their employees for self purchase.

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Dislikes

...d office. No matter how far away form your place and no matter what is the time. Too much traveling, half of your salary was gone in traveling. If we talk about support from colleagues and manager or administration everyone just showing they doing but actually no one doing anything.

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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.

read more
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Bajaj Allianz Life Insurance Business Development Salary FAQs

What is the salary of Business Development at Bajaj Allianz Life Insurance?
Business Development salary at Bajaj Allianz Life Insurance in India ranges between ₹3.8 Lakhs to ₹5.3 Lakhs for 1 year of experience. According to our estimates it is 30% less than the average Business Development 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 Business Development at Bajaj Allianz Life Insurance India compare with the average salary range for this job?
The average salary of a Business Development at Bajaj Allianz Life Insurance is 30% less than the average salary of a Business Development in India. To know exact salary insights, login to view.
Which similar companies are paying more than Bajaj Allianz Life Insurance to a Business Development in India?
  • ICICI Lombard General Insurance Company Business Development Salary - ₹5.5 Lakhs to ₹24.0 Lakhs per year
  • Kotak Mahindara Life Insurance Business Development Salary - ₹3.5 Lakhs to ₹21.0 Lakhs per year
What is the salary of a Business Development in companies similar to Bajaj Allianz Life Insurance in India?
  • ICICI Prudential Life Insurance Business Development Salary - ₹3.4 Lakhs to ₹4.3 Lakhs per year
  • HDFC Life Business Development Salary - ₹2.8 Lakhs to ₹5.0 Lakhs per year
  • SBI Life Insurance Company Business Development Salary - ₹2.4 Lakhs to ₹4.6 Lakhs per year
  • Max Life Insurance Business Development Salary - ₹0.3 Lakhs to ₹6.0 Lakhs per year
What is the estimated take home salary of a Business Development at Bajaj Allianz Life Insurance in India?
The estimated take-home salary of a Business Development at Bajaj Allianz Life Insurance ranges between ₹35,777 per month to ₹37,005 per month in India. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance Business Development salary in India which ranges between ₹3.8 Lakhs to ₹5.3 Lakhs per year for employees with 1 year of experience. Check how did we calculate take home salary?

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Bajaj Allianz Life Insurance Business Development salary in India ranges between ₹3.8 Lakhs to ₹5.3 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.