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Bajaj Allianz Life Insurance Business Development Executive salaries in India

Annual salary range
1 - 8 years exp.
₹2.4 Lakhs - ₹4.1 Lakhs
Salary of majority employees
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8% less than the average Business Development Executive Salary in Insurance Companies for 1 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Business Development Executive Salary
1 - 7 years exp. (4 salaries)
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₹3.2 L/yr - ₹4.1 L/yr

Customer Success, Service & Operations
Business Development Executive Salary
1 - 3 years exp. (3 salaries)
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₹3 L/yr - ₹4 L/yr

Last Updated: 24 Jan 2025

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₹2 L/yr - ₹3.8 L/yr

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₹2.5 L/yr - ₹6.9 L/yr

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₹1.4 L/yr - ₹4 L/yr

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₹1.8 L/yr - ₹4.5 L/yr

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₹8.1 L/yr - ₹12.5 L/yr

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₹1.8 L/yr - ₹3 L/yr

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₹2 L/yr - ₹6 L/yr

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₹2 L/yr - ₹3.1 L/yr

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₹2.5 L/yr - ₹2.9 L/yr

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₹1.2 L/yr - ₹13.8 L/yr

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Business Development Executive salary at Bajaj Allianz Life Insurance ranges between ₹2.4 Lakhs to ₹4.1 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 13 latest salaries received from various employees of Bajaj Allianz Life Insurance.

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

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Experience wise Bajaj Allianz Life Insurance Business Development Executive salaries

Last Updated: 24 Jan 2025

Experience Avg Annual Salary
1 year  (5 salaries)

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₹2.4 L/yr - ₹4 L/yr
2 years (AmbitionBox Estimate)

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₹1.3 L/yr - ₹4 L/yr
3 years (AmbitionBox Estimate)

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₹1.4 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)

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₹1.4 L/yr - ₹4.1 L/yr
5 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.2 L/yr
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Similar Designation salaries in Bajaj Allianz Life Insurance

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₹4.25 L/yr - ₹4.5 L/yr
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₹1.4 L/yr - ₹3 L/yr
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₹3 L/yr - ₹6 L/yr
Business Executive Salary
(AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr
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(AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr
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₹4 L/yr - ₹5.1 L/yr
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₹2 L/yr - ₹5.12 L/yr
Sales Executive Salary
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₹1.1 L/yr - ₹4.5 L/yr

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

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

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

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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 ₹4.1 Lakhs for experience between 1 years to 8 years. According to our estimates it is 8% less than the average Business Development Executive Salary in India. Salary estimates are based on 13 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 8% 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 - ₹8.1 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 - ₹2.5 Lakhs to ₹6.9 Lakhs per year
  • ICICI Prudential Life Insurance Business Development Executive Salary - ₹2.4 Lakhs to ₹6.0 Lakhs per year
What is the salary of a Business Development Executive in companies similar to Bajaj Allianz Life Insurance in India?
  • SBI Life Insurance Company Business Development Executive Salary - ₹2.0 Lakhs to ₹4.5 Lakhs per year
  • Kotak Mahindara Life Insurance Business Development Executive Salary - ₹1.2 Lakhs to ₹4.7 Lakhs per year
  • Max Life Insurance Business Development Executive Salary - ₹2.7 Lakhs to ₹5.0 Lakhs per year
  • Life Insurance Corporation of India Business Development Executive Salary - ₹2.0 Lakhs to ₹6.0 Lakhs per year
  • HDFC Ergo General Insurance Business Development Executive Salary - ₹1.8 Lakhs to ₹4.8 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 ₹26,150 per month to ₹27,572 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 ₹4.1 Lakhs per year for employees with experience between 1 years to 8 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, 53% of the Bajaj Allianz Life Insurance Business Development Executives reported a notice period of 15 days or less, 47% reported a notice period of 1 Month.This is based on 19 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Bajaj Allianz Life Insurance Business Development Executive salary in India ranges between ₹2.4 Lakhs to ₹4.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 13 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.