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4.0

based on 4.6k Reviews

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Bajaj Allianz Life Insurance Channel Sales Manager salaries in India

Annual salary range
0 - 13 years exp.
₹2.7 Lakhs - ₹7 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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42% less than the average Channel Sales Manager Salary in Insurance Companies for 0 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Channel Sales Manager Salary
8 years exp. (AmbitionBox Estimate)
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₹2.4 L/yr - ₹3 L/yr

Sales & Business Development
Channel Sales Manager Salary
13 years exp. (AmbitionBox Estimate)
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₹6.3 L/yr - ₹7.7 L/yr

Last Updated: 11 Mar 2023

Companies similar to Bajaj Allianz Life Insurance for Channel Sales Manager

Company name Avg Annual Salary Open Jobs
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HDFC Life Channel Sales Manager Salary

9 - 14 years exp. (9 salaries)

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₹3.5 L/yr - ₹10.5 L/yr

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₹2.2 L/yr - ₹12.5 L/yr

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₹3.8 L/yr - ₹8.2 L/yr

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₹3.1 L/yr - ₹5 L/yr

arrow icon 13% less
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₹2.5 L/yr - ₹7 L/yr

arrow icon 3% more
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PNB MetLife Channel Sales Manager Salary

4 - 15 years exp. (3 salaries)

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₹2.8 L/yr - ₹7.8 L/yr

arrow icon 49% more
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Tata AIG Channel Sales Manager Salary

0 - 11 years exp. (982 salaries)

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₹2 L/yr - ₹8 L/yr

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65 job openings
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₹2.4 L/yr - ₹4.1 L/yr

arrow icon 23% less
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₹3.3 L/yr - ₹9.3 L/yr

arrow icon 35% more
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₹3 L/yr - ₹4.5 L/yr

arrow icon 8% less
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₹2.6 L/yr - ₹5.8 L/yr

arrow icon 17% more
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₹3 L/yr - ₹5.9 L/yr

arrow icon 9% more
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₹2.3 L/yr - ₹2.9 L/yr

arrow icon 39% less
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₹2.4 L/yr - ₹5 L/yr

arrow icon 16% less
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AIG Channel Sales Manager Salary

0 - 7 years exp. (3 salaries)

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₹3.8 L/yr - ₹4.4 L/yr

arrow icon 2% less
Channel Sales Manager salary at Bajaj Allianz Life Insurance ranges between ₹2.7 Lakhs to ₹7 Lakhs per year for employees with less than 1 year of experience to 13 years. Salary estimates are based on 5 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Latest annual salaries shared by Bajaj Allianz Life Insurance Channel Sales Manager

1y ago
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8 years exp.
1y ago
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13 years exp.

Experience wise Bajaj Allianz Life Insurance Channel Sales Manager salaries

Last Updated: 11 Mar 2023

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.1 L/yr - ₹3 L/yr
1 year (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.1 L/yr
2 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.4 L/yr
3 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.7 L/yr
4 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹4 L/yr
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Similar Designation salaries in Bajaj Allianz Life Insurance

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₹12 L/yr - ₹38 L/yr
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₹2.4 L/yr - ₹4.5 L/yr
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₹3.45 L/yr - ₹12 L/yr
Sales Manager Salary
(206 salaries)
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₹1.55 L/yr - ₹7 L/yr
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₹1.8 L/yr - ₹3.5 L/yr
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₹4.9 L/yr - ₹9 L/yr
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₹4.42 L/yr - ₹5.15 L/yr
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₹9.2 L/yr - ₹23 L/yr
Branch Manager Salary
(127 salaries)
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₹4.5 L/yr - ₹12.85 L/yr
Area Manager Salary
(227 salaries)
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₹5 L/yr - ₹16.5 L/yr

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

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 13 Sep 2022

4.0
 for  Salary and Benefits

Likes

Best product Friendly atmosphere Career growth Highest solvency retio Best claim settlement Best Hr service Etc....

  • Salary - Good
    +6 more

Dislikes

One thing is internal career and salary growth is little bit slow.. If we have potential to prove ourselves in changing our label in our own company. Then stay with us.... Otherwise Employees are trying for other companies only for career and financial growth.

read more
see more salary related reviews

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Bajaj Allianz Life Insurance Channel Sales Manager Salary FAQs

What is the salary of Channel Sales Manager at Bajaj Allianz Life Insurance?
Channel Sales Manager salary at Bajaj Allianz Life Insurance in India ranges between ₹2.7 Lakhs to ₹7.0 Lakhs for less than 1 year of experience to 13 years. According to our estimates it is 42% less than the average Channel Sales Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Bajaj Allianz Life Insurance India.
How does the salary of a Channel Sales Manager at Bajaj Allianz Life Insurance India compare with the average salary range for this job?
The average salary of a Channel Sales Manager at Bajaj Allianz Life Insurance is 42% less than the average salary of a Channel Sales Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Bajaj Allianz Life Insurance to a Channel Sales Manager in India?
  • HDFC Life Channel Sales Manager Salary - ₹3.5 Lakhs to ₹10.5 Lakhs per year
  • Max Life Insurance Channel Sales Manager Salary - ₹2.2 Lakhs to ₹12.5 Lakhs per year
  • PNB MetLife Channel Sales Manager Salary - ₹2.8 Lakhs to ₹7.8 Lakhs per year
  • ICICI Lombard General Insurance Company Channel Sales Manager Salary - ₹3.3 Lakhs to ₹9.3 Lakhs per year
  • Kotak Mahindara Life Insurance Channel Sales Manager Salary - ₹3.8 Lakhs to ₹8.2 Lakhs per year
What is the salary of a Channel Sales Manager in companies similar to Bajaj Allianz Life Insurance in India?
  • Bajaj Allianz General Insurance Channel Sales Manager Salary - ₹2.6 Lakhs to ₹5.8 Lakhs per year
  • Tata AIG Channel Sales Manager Salary - ₹2.0 Lakhs to ₹8.0 Lakhs per year
  • Care Health Insurance Channel Sales Manager Salary - ₹3.0 Lakhs to ₹5.9 Lakhs per year
  • Aditya Birla Sun Life Insurance Channel Sales Manager Salary - ₹2.5 Lakhs to ₹7.0 Lakhs per year
  • AIG Channel Sales Manager Salary - ₹3.8 Lakhs to ₹4.4 Lakhs per year
What is the estimated take home salary of a Channel Sales Manager at Bajaj Allianz Life Insurance in India?
The estimated take-home salary of a Channel Sales Manager at Bajaj Allianz Life Insurance ranges between ₹30,572 per month to ₹31,877 per month in India. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance Channel Sales Manager salary in India which ranges between ₹2.7 Lakhs to ₹7.0 Lakhs per year for employees with less than 1 year of experience to 13 years. Check how did we calculate take home salary?

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Bajaj Allianz Life Insurance Channel Sales Manager salary in India ranges between ₹2.7 Lakhs to ₹7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.