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 Manager salaries in Pune

Annual salary range
1 - 10 years exp.
₹3.5 Lakhs - ₹6 Lakhs
Avg. annual salary
unlock blur

Monthly In-hand Salary

unlock blur

36% less than the average Business Development Manager Salary in Insurance Companies for 1 - 10 years of experience

Interested in this particular role? 3 job openings

Salaries in different departments

Sales & Business Development
Business Development Manager Salary
1 - 10 years exp. (5 salaries)
unlock-blur

₹3.5 L/yr - ₹6 L/yr

Finance & Accounting
Business Development Manager Salary
1 - 3 years exp. (3 salaries)
unlock-blur

₹3.5 L/yr - ₹4.5 L/yr

BFSI, Investments & Trading
Business Development Manager Salary
3 years exp. (AmbitionBox Estimate)
unlock-blur

₹4.1 L/yr - ₹4.4 L/yr

Marketing & Communication
Business Development Manager Salary
8 years exp. (AmbitionBox Estimate)
unlock-blur

₹4.3 L/yr - ₹4.5 L/yr

Last Updated: 30 Oct 2024

Companies similar to Bajaj Allianz Life Insurance for Business Development Manager in Pune

Logo
Bajaj Allianz Life Insurance Business Development Manager Salary

1 - 10 years exp. (12 salaries)

unlock blur

₹3.5 L/yr - ₹6 L/yr

vs
Company name Avg Annual Salary Open Jobs
Logo
HDFC Life Business Development Manager Salary

0 - 8 years exp. (102 salaries)

unlock blur

₹2 L/yr - ₹4.5 L/yr

arrow icon 16% less
11 job openings
unlock blur

₹2.6 L/yr - ₹4.7 L/yr

arrow icon 8% less
unlock blur

₹2 L/yr - ₹5.2 L/yr

arrow icon 4% more
2 job openings
unlock blur

₹4 L/yr - ₹6.6 L/yr

arrow icon 20% more
unlock blur

₹3 L/yr - ₹7 L/yr

arrow icon 11% more
unlock blur

₹3.7 L/yr - ₹4 L/yr

arrow icon 14% less
1 job opening
unlock blur

₹3.8 L/yr - ₹4.5 L/yr

arrow icon 8% less
unlock blur

₹5.2 L/yr - ₹5.6 L/yr

arrow icon 21% more
4 job openings
Business Development Manager salary at Bajaj Allianz Life Insurance ranges between ₹3.5 Lakhs to ₹6 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 12 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Latest annual salaries shared by Bajaj Allianz Life Insurance Business Development Manager in Pune

5mo ago
₹4.5 Lakhs
8 years exp.
7mo ago
₹4 Lakhs
1 year exp.
9mo ago
₹6 Lakhs
3 years exp.
10mo ago
₹4.1 Lakhs
3 years exp.
1y ago
₹4 Lakhs
1 year exp.
1y ago
avg blur mobile
1 year exp.
1y ago
avg blur mobile
5 years exp.
1y ago
avg blur mobile
10 years exp.

Experience wise Bajaj Allianz Life Insurance Business Development Manager salaries in Pune

Last Updated: 30 Oct 2024

Experience Avg Annual Salary
1 year  (3 salaries)

unlock blur

₹4 L/yr - ₹7.8 L/yr
2 years (AmbitionBox Estimate)

unlock blur

₹3.9 L/yr - ₹5 L/yr
3 years  (3 salaries)

unlock blur

₹3.5 L/yr - ₹6 L/yr
4 years (AmbitionBox Estimate)

unlock blur

₹4 L/yr - ₹5 L/yr
5 years (AmbitionBox Estimate)

unlock blur

₹4 L/yr - ₹5.1 L/yr
View all

Similar Designation salaries in Bajaj Allianz Life Insurance

unlock blur
₹3 L/yr - ₹4.5 L/yr
unlock blur
₹4.5 L/yr - ₹5 L/yr
unlock blur
₹7.85 L/yr - ₹9.55 L/yr

Top skills at Bajaj Allianz Life Insurance for Business Development Manager

Business Development Management Agency Sales Life Insurance Insurance Agent Recruitment Sales Insurance Sales Finance Sales Management FLS Business Development Marketing Agency Channel Health Insurance Life Insurance

Salary related reviews for Bajaj Allianz Life Insurance

5.0

Rated by 1 employees for salary & benefits

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

BFSI, Investments & Trading Department

1.0
  •  posted on 13 Apr 2021

5.0
 for  Salary and Benefits

Likes

DARPAN SIR WAS VERY HELPFUL DURING MY JOB. I LOVE THE WAY HE PROVIDES TRAINING. ON-TIME SALARY AND WEEKLY OFF IS THE MOST SATISFYING THINGS IN BAJAJ.

read more
  • Salary - Excellent

Dislikes

IT IS SO SAD FOR ME TO KNOW THAT THE CULTURE IN BAJAJ ALLIANZ LIFE INSURANCE COMPANY IS WORST. EMPLOYEE IS BEING JUDGED ON BASIS OF THEIR CASTE AND COMMUNITY. I HAD BEEN TREATED THE SAME WAY BUT WHEN I COMPLAINT ABOUT THE SAME MY VOICE HAD BEEN PUSHED DOWN. NO SUCH ACTION IS BEING TAKEN AGAINST THE SENIOR. I BEGGED TO HR BUT NOTHING HAPPENED. I HAD BEEN SO HARSSSAD DURING MY JOB. NO ONE HELPED ME. I CANNOT DESCRIBE THE WAY I HAD BEEN TREATED. IF COMPANY WANTS TO KNOW THE ACTUAL TRUTH. PLEASE CHECK THE CCTV CAMERA BETWEEN 09:30 AM - 10:30 AM FOR DATED: 10/09/2020. EVERYTHING WOULD BE CLEAR THAT HOW I HAD BEEN TREATED BY VP, BINNENDRA KUMAR BINIT. THAT WAS SO RUDE AND SHAMEFUL. AFTER THAT I HAD BEEN THREATENED THAT I WOULD BE THROW OUT FROM THE COMPANY AND THE SAME HAD BEEN DONE BY THE BUNCH OF PEOPLE. BUT I WILL NOT LET THE THINGS GO AS EASY AS THE PEOPLE THINKS. I WILL RAISE THIS CONCERN INTO COURT AND SOCIAL MEDIA SO THAT ATLEAST WORK CULTURE WOULD BECOME HEALTHIFY IN BAJAJ FOR OTHER.

read more
  • Skill development - Bad
  • +4 more

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
see more salary related reviews

Discover interview dos and don'ts from real experiences

Bajaj Allianz Life Insurance Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Bajaj Allianz Life Insurance in Pune?
The average salary of a Business Development Manager at Bajaj Allianz Life Insurance in Pune typically ranges from ₹3.5 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of Business Development Manager in Pune at Bajaj Allianz Life Insurance earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Business Development Manager 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 10+ Bajaj Allianz Life Insurance employees in India.
What is the estimated take home salary of a Business Development Manager at Bajaj Allianz Life Insurance in Pune?
The estimated take-home salary of a Business Development Manager at Bajaj Allianz Life Insurance in Pune typically ranges from ₹32,851 to ₹34,122 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 1 year to 10 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10+ 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 Manager at Bajaj Allianz Life Insurance in Pune?
To be a Business Development Manager at Bajaj Allianz Life Insurance in Pune, the key skills required include:

  • - Business Development Management
  • - Agency Sales
  • - Life Insurance
  • - Insurance
  • - Agent Recruitment

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 Manager in India?
Bajaj Allianz General Insurance ₹5.2 Lakhs to ₹5.6 Lakhs per year
Kotak Mahindara Life Insurance ₹4.0 Lakhs to ₹6.6 Lakhs per year
Tata AIA Life Insurance ₹3.0 Lakhs to ₹7.0 Lakhs per year
Axis Max Life Insurance ₹2.0 Lakhs to ₹5.2 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 Manager in companies similar to Bajaj Allianz Life Insurance in Pune?
The salary of a Business Development Manager at companies similar to Bajaj Allianz Life Insurance in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aditya Birla Sun Life Insurance ₹3.8 Lakhs to ₹4.5 Lakhs per year
ICICI Prudential Life Insurance ₹2.6 Lakhs to ₹4.7 Lakhs per year
Niva Bupa Health Insurance Company ₹3.7 Lakhs to ₹4.0 Lakhs per year
HDFC Life ₹2.0 Lakhs to ₹4.5 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 Manager at Bajaj Allianz Life Insurance in Pune?
The salary growth for a Business Development Manager at Bajaj Allianz Life Insurance in Pune depends on factors such as experience, performance, and promotions. On average, a Business Development Manager in Pune can expect the following growth trajectory at Bajaj Allianz Life Insurance:

Experience Average Salary Range
1 year ₹4.0 Lakhs to ₹7.8 Lakhs per year
2 years ₹3.9 Lakhs to ₹5.0 Lakhs per year
3 years ₹3.5 Lakhs to ₹6.0 Lakhs per year
4 years ₹4.0 Lakhs to ₹5.0 Lakhs per year
and so on.

Tell us how to improve this page.

Bajaj Allianz Life Insurance Business Development Manager salary in Pune ranges between ₹3.5 Lakhs to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 12 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.