Bajaj Allianz Life Insurance Business Development Executive Salaries by 9 Employees (Updated 2024)

1 - 5 years exp.

₹2.4 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

7% less than the average Business Development Executive Salary in Insurance Companies for 1 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Business Development Executive Salary 1 - 4 years exp. (3 salaries)	₹3.2 L/yr - ₹4.1 L/yr
Customer Success, Service & Operations Business Development Executive Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹4 L/yr
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Sales & Business Development Business Development Executive Salary 5 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹5 L/yr

Last Updated: 29 Sep 2024

Companies similar to Bajaj Allianz Life Insurance for Business Development Executive

Company name	Avg Annual Salary	Open Jobs
HDFC Life Business Development Executive Salary 1 - 7 years exp. (24 salaries)	₹1.2 L/yr - ₹4.5 L/yr 21% less
ICICI Prudential Life Insurance Business Development Executive Salary 0 - 5 years exp. (16 salaries)	₹2.4 L/yr - ₹6 L/yr 18% more
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SBI Life Insurance Company Business Development Executive Salary 0 - 6 years exp. (160 salaries)	₹2 L/yr - ₹4.5 L/yr 11% less
Max Life Insurance Business Development Executive Salary 0 - 4 years exp. (6 salaries)	₹2.8 L/yr - ₹5 L/yr 9% less
Kotak Mahindara Life Insurance Business Development Executive Salary 0 - 4 years exp. (11 salaries)	₹1.2 L/yr - ₹4.7 L/yr 5% less
Tata AIA Life Insurance Business Development Executive Salary 1 - 5 years exp. (4 salaries)	₹2 L/yr - ₹4 L/yr 11% less
PNB MetLife Business Development Executive Salary 0 - 9 years exp. (5 salaries)	₹2 L/yr - ₹3.8 L/yr 25% less
ICICI Lombard General Insurance Company Business Development Executive Salary 1 - 10 years exp. (136 salaries)	₹3 L/yr - ₹6.5 L/yr 43% more
SBI General Insurance Business Development Executive Salary 0 - 4 years exp. (33 salaries)	₹2 L/yr - ₹3.8 L/yr 15% less
Shriram Life Insurance Business Development Executive Salary 0 - 3 years exp. (27 salaries)	₹1.4 L/yr - ₹4 L/yr 34% less
HDFC Ergo General Insurance Business Development Executive Salary 0 - 6 years exp. (8 salaries)	₹1.8 L/yr - ₹4 L/yr 16% less
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The New India Assurance Co. Business Development Executive Salary 1 - 34 years exp. (7 salaries)	₹2.9 L/yr - ₹12.5 L/yr 116% more
Care Health Insurance Business Development Executive Salary 0 - 7 years exp. (6 salaries)	₹1.2 L/yr - ₹5 L/yr 21% less
MetLife Business Development Executive Salary 4 - 9 years exp. (4 salaries)	₹2 L/yr - ₹6.2 L/yr 13% more
Aditya Birla Sun Life Insurance Business Development Executive Salary 0 - 6 years exp. (4 salaries)	₹2 L/yr - ₹3.1 L/yr 14% less
Star Health & Allied Insurance Business Development Executive Salary 0 - 2 years exp. (8 salaries)	₹1.8 L/yr - ₹4.5 L/yr 14% less
The Oriental Insurance Co. Business Development Executive Salary 2 - 9 years exp. (3 salaries)	₹1.2 L/yr - ₹13.8 L/yr 66% more

Business Development Executive salary at Bajaj Allianz Life Insurance ranges between ₹2.4 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 9 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Experience wise Bajaj Allianz Life Insurance Business Development Executive salaries

Last Updated: 29 Sep 2024

Experience	Avg Annual Salary
1 year (4 salaries)	₹2.4 L/yr - ₹4 L/yr
2 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹4 L/yr
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3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.4 L/yr
4 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4.1 L/yr
5 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹5 L/yr

Similar Designation salaries in Bajaj Allianz Life Insurance

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Business Development Officer Salary

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Business Development Associate Salary

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Business Development Manager Salary

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Business Executive Salary

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₹2.9 L/yr - ₹3.7 L/yr

Inside Sales Executive Salary

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₹4.5 L/yr - ₹5.8 L/yr

Area Sales Executive Salary

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Senior Sales Executive Salary

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Sales Executive Salary

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Marketing Executive Salary

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Top skills at Bajaj Allianz Life Insurance for Business Development Executive

GPRS

Salary related reviews for Bajaj Allianz Life Insurance

3.9

Rated by 3 employees for salary & benefits

Relationship Manager in Bangalore / Bengaluru

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.

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.

Sales Manager in New Delhi

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.

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

Business Development Manager in Bokaro

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.

Business Development Manager in Narnaul

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.

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.

Sales Officer in New Delhi

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.

Dislikes

There is no dislike for me about this company

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a technical project manager

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Bajaj Allianz Life Insurance Business Development Executive Salary FAQs

What is the salary of Business Development Executive at Bajaj Allianz Life Insurance?

Business Development Executive salary at Bajaj Allianz Life Insurance in India ranges between ₹2.4 Lakhs to ₹5.0 Lakhs for experience between 1 years to 5 years. According to our estimates it is 7% less than the average Business Development Executive Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Bajaj Allianz Life Insurance India.

How does the salary of a Business Development Executive at Bajaj Allianz Life Insurance India compare with the average salary range for this job?

The average salary of a Business Development Executive at Bajaj Allianz Life Insurance is 7% less than the average salary of a Business Development Executive in India. To know exact salary insights, login to view.

What are the top skills required to work as a Business Development Executive at Bajaj Allianz Life Insurance?

GPRS is a popular skill required to work as a Business Development Executive at Bajaj Allianz Life Insurance.

Which similar companies are paying more than Bajaj Allianz Life Insurance to a Business Development Executive in India?

The New India Assurance Co. Business Development Executive Salary - ₹2.9 Lakhs to ₹12.5 Lakhs per year
The Oriental Insurance Co. Business Development Executive Salary - ₹1.2 Lakhs to ₹13.8 Lakhs per year
ICICI Lombard General Insurance Company Business Development Executive Salary - ₹3.0 Lakhs to ₹6.5 Lakhs per year
ICICI Prudential Life Insurance Business Development Executive Salary - ₹2.4 Lakhs to ₹6.0 Lakhs per year
MetLife Business Development Executive Salary - ₹2.0 Lakhs to ₹6.2 Lakhs per year

What is the salary of a Business Development Executive in companies similar to Bajaj Allianz Life Insurance in India?

Kotak Mahindara Life Insurance Business Development Executive Salary - ₹1.2 Lakhs to ₹4.7 Lakhs per year
Max Life Insurance Business Development Executive Salary - ₹2.8 Lakhs to ₹5.0 Lakhs per year
SBI Life Insurance Company Business Development Executive Salary - ₹2.0 Lakhs to ₹4.5 Lakhs per year
Tata AIA Life Insurance Business Development Executive Salary - ₹2.0 Lakhs to ₹4.0 Lakhs per year
Star Health & Allied Insurance Business Development Executive Salary - ₹1.8 Lakhs to ₹4.5 Lakhs per year

What is the estimated take home salary of a Business Development Executive at Bajaj Allianz Life Insurance in India?

The estimated take-home salary of a Business Development Executive at Bajaj Allianz Life Insurance ranges between ₹26,470 per month to ₹27,887 per month in India. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance Business Development Executive salary in India which ranges between ₹2.4 Lakhs to ₹5.0 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Business Development Executive at Bajaj Allianz Life Insurance?

According to AmbitionBox, 56% of the Bajaj Allianz Life Insurance Business Development Executives reported a notice period of 15 days or less, 44% reported a notice period of 1 Month.This is based on 18 responses on AmbitionBox in last 2 years.

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Bajaj Allianz Life Insurance Business Development Executive Salaries

Bajaj Allianz Life Insurance Business Development Executive salary in India ranges between ₹2.4 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.

Bajaj Allianz Life Insurance Business Development Executive salaries in India

Companies similar to Bajaj Allianz Life Insurance for Business Development Executive

Latest annual salaries shared by Bajaj Allianz Life Insurance Business Development Executive

Experience wise Bajaj Allianz Life Insurance Business Development Executive salaries

Similar Designation salaries in Bajaj Allianz Life Insurance

Top skills at Bajaj Allianz Life Insurance for Business Development Executive

Salary related reviews for Bajaj Allianz Life Insurance

Relationship Manager in Bangalore / Bengaluru

Sales Manager in New Delhi

Business Development Manager in Bokaro

Business Development Manager in Narnaul

Sales Officer in New Delhi

Bajaj Allianz Life Insurance Business Development Executive Salary FAQs

Tell us how to improve this page.

Bajaj Allianz Life Insurance Business Development Executive Salaries by Location