Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by Bajaj Allianz Life Insurance Team. If you also belong to the team, you can get access from here

Bajaj Allianz Life Insurance Verified Tick

Compare button icon Compare button icon Compare
filter salariesFilter salaries by

Bajaj Allianz Life Insurance Business Development Associate salaries in India (Updated 2025)

Annual salary range
Select experience
₹1 Lakh - ₹4 Lakhs
Low Confidence
info icon
Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
unlock blur

Monthly In-hand Salary

unlock blur

48% less than the average Business Development Associate Salary in Insurance Companies for Fresher

Interested in this particular role?

Last Updated: 14 Feb 2025

Companies similar to Bajaj Allianz Life Insurance for Business Development Associate

Company name Avg Annual Salary Open Jobs
unlock blur

₹3.5 L/yr - ₹4.9 L/yr

arrow icon 50% more
unlock blur

₹2.5 L/yr - ₹4.7 L/yr

arrow icon 32% more
unlock blur

₹3 L/yr - ₹4.7 L/yr

arrow icon 36% more
unlock blur

₹2.3 L/yr - ₹8 L/yr

arrow icon 63% more
unlock blur

₹2.5 L/yr - ₹5 L/yr

arrow icon 31% more
unlock blur

₹4 L/yr - ₹4.6 L/yr

arrow icon 52% more
unlock blur

₹2.3 L/yr - ₹4.5 L/yr

arrow icon 21% more
unlock blur

₹4 L/yr - ₹11 L/yr

arrow icon 100% more
unlock blur

₹2.1 L/yr - ₹3 L/yr

arrow icon 15% less
unlock blur

₹2.8 L/yr - ₹3.3 L/yr

arrow icon 2% more
Business Development Associate salary at Bajaj Allianz Life Insurance ranges between ₹1 Lakh to ₹4 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Experience wise Bajaj Allianz Life Insurance Business Development Associate salaries

Last Updated: 14 Feb 2025

Experience Avg Annual Salary
Fresher  (4 salaries)

unlock blur

₹1 L/yr - ₹4 L/yr

Similar Designation salaries in Bajaj Allianz Life Insurance

unlock blur
₹4 L/yr - ₹5.1 L/yr
unlock blur
₹1.4 L/yr - ₹3 L/yr
unlock blur
₹3 L/yr - ₹6 L/yr
unlock blur
₹2.4 L/yr - ₹4.1 L/yr
unlock blur
₹4.25 L/yr - ₹4.5 L/yr
Business Executive Salary
(AmbitionBox Estimate)
unlock blur
₹2.9 L/yr - ₹3.7 L/yr
unlock blur
₹4.12 L/yr - ₹16.5 L/yr
unlock blur
₹1 L/yr - ₹3.48 L/yr
Inside Sales Executive Salary
(AmbitionBox Estimate)
unlock blur
₹4.5 L/yr - ₹5.8 L/yr
Medical Representative Salary
(AmbitionBox Estimate)
unlock blur
₹3.6 L/yr - ₹4.6 L/yr

Top skills at Bajaj Allianz Life Insurance for Business Development Associate

Sales Executive Activities bfsi Life Insurance Corporate Sales Business Development Relationship Marketing Sales Field Sales Marketing agency development Lead Generation Agency Channel

Salary related reviews for Bajaj Allianz Life Insurance

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.

read more

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

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 09 May 2023

5.0
 for  Salary and Benefits

Likes

You get salary on time.

  • Salary - Excellent
  • +1 more

Dislikes

No one( Sr. Management) cares about you,they just need business that too what they ask from you " no need based selling". Rather then that there are meetings meetings and meetings for the sales team.

read more
  • Skill development - Bad
  • +4 more

Other Department

5.0
  •  posted on 05 May 2022

5.0
 for  Salary and Benefits

Likes

... period. Seniors are very supportive and give proper guidance at any situations. Salary on time.

read more
  • Salary - Excellent
  • +6 more

Dislikes

There is no dislike for me about this company

see more salary related reviews

Discover interview dos and don'ts from real experiences

Bajaj Allianz Life Insurance Business Development Associate Salary FAQs

What is the salary of Business Development Associate at Bajaj Allianz Life Insurance ?
The average salary of a Business Development Associate at Bajaj Allianz Life Insurance in India typically ranges from ₹1.0 Lakhs to ₹4.0 Lakhs per year, depending on experience (from Fresher to 0 year).

The top 10% of Business Development Associate at Bajaj Allianz Life Insurance earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Business Development Associate 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 4 Bajaj Allianz Life Insurance employees in India.
What is the estimated take home salary of a Business Development Associate at Bajaj Allianz Life Insurance in India?
The estimated take-home salary of a Business Development Associate at Bajaj Allianz Life Insurance in India typically ranges from ₹20,992 to ₹22,640 per month. This is based on the average salary range of ₹1.0 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from Fresher to 0 year.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 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 Business Development Associate at Bajaj Allianz Life Insurance ?
To be a Business Development Associate at Bajaj Allianz Life Insurance in india, the key skills required include:

  • - Sales Executive Activities
  • - bfsi
  • - Life Insurance
  • - Corporate Sales
  • - Business Development

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 Business Development Associate in India?
Kotak Mahindara Life Insurance ₹4.0 Lakhs to ₹11.0 Lakhs per year
HDFC Life ₹2.3 Lakhs to ₹8.0 Lakhs per year
Allianz Partners ₹4.0 Lakhs to ₹4.6 Lakhs per year
Axis Max Life Insurance ₹3.5 Lakhs to ₹4.9 Lakhs per year
ICICI Prudential Life Insurance ₹3.0 Lakhs to ₹4.7 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 Business Development Associate in companies similar to Bajaj Allianz Life Insurance in India?
The salary of a Business Development Associate 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:

ICICI Lombard General Insurance Company ₹2.5 Lakhs to ₹4.7 Lakhs per year
Tata AIA Life Insurance ₹2.5 Lakhs to ₹5.0 Lakhs per year
SBI Life Insurance Company ₹2.3 Lakhs to ₹4.5 Lakhs per year
Niva Bupa Health Insurance Company ₹2.8 Lakhs to ₹3.3 Lakhs per year
Star Health & Allied Insurance ₹2.1 Lakhs to ₹3.0 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 Business Development Associate at Bajaj Allianz Life Insurance in India?
The salary growth for a Business Development Associate at Bajaj Allianz Life Insurance depends on factors such as experience, performance, and promotions. On average, a Business Development Associate can expect the following growth trajectory at Bajaj Allianz Life Insurance:

Experience Average Salary Range
Fresher ₹1.0 Lakhs to ₹4.0 Lakhs per year
and so on.

Tell us how to improve this page.

Bajaj Allianz Life Insurance Business Development Associate salary in India ranges between ₹1 Lakh to ₹4 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.