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4.0

based on 4.5k Reviews

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BFSI, Investments & Trading

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Bajaj Allianz Life Insurance BFSI, Investments & Trading Department Salaries in Chennai

based on 133 latest salaries
Designation Avg Annual Salary Open Jobs
2 - 10 years exp. · Chennai (20 salaries)
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₹3.1 L/yr - ₹4.8 L/yr

2 - 9 years exp. · Chennai (14 salaries)
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₹3.9 L/yr - ₹5.5 L/yr

1 - 6 years exp. · Chennai (13 salaries)
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₹3.2 L/yr - ₹4 L/yr

8 - 17 years exp. · Chennai (7 salaries)
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₹9.1 L/yr - ₹12.8 L/yr

Starting your career? Discover Bajaj Allianz Life Insurance fresher salaries in India
8 - 15 years exp. · Chennai (7 salaries)
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₹9.8 L/yr - ₹13.3 L/yr

6 - 11 years exp. · Chennai (6 salaries)
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₹5 L/yr - ₹5.5 L/yr

3 - 12 years exp. · Chennai (6 salaries)
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₹3.5 L/yr - ₹5 L/yr

10 - 16 years exp. · Chennai (6 salaries)
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₹6 L/yr - ₹11.2 L/yr

2 - 6 years exp. · Chennai (5 salaries)
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₹3 L/yr - ₹4.1 L/yr

5 - 9 years exp. · Chennai (5 salaries)
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₹4.5 L/yr - ₹4.6 L/yr

5 - 7 years exp. · Chennai (4 salaries)
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₹5.4 L/yr - ₹5.8 L/yr

4 - 8 years exp. · Chennai (4 salaries)
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₹3.9 L/yr - ₹4.5 L/yr

7 - 17 years exp. · Chennai (4 salaries)
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₹6.8 L/yr - ₹11.5 L/yr

22 - 25 years exp. · Chennai (3 salaries)
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₹35.3 L/yr - ₹41 L/yr

3 - 6 years exp. · Chennai (AmbitionBox Estimate)
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₹2.5 L/yr - ₹4.5 L/yr

8 - 10 years exp. · Chennai (AmbitionBox Estimate)
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₹9.5 L/yr - ₹9.8 L/yr

16 years exp. · Chennai (AmbitionBox Estimate)
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₹13 L/yr - ₹14.2 L/yr

8 - 10 years exp. · Chennai (AmbitionBox Estimate)
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₹8 L/yr - ₹12 L/yr

4 - 5 years exp. · Chennai (AmbitionBox Estimate)
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₹4 L/yr - ₹4.1 L/yr

15 - 16 years exp. · Chennai (AmbitionBox Estimate)
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₹10.4 L/yr - ₹13.2 L/yr

Last Updated: 8 Dec, 2024

Salary related reviews for Bajaj Allianz Life Insurance

3.9

Rated by 35 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 03 Nov 2023

4.0
 for  Salary and Benefits

Likes

I liked about incentives, recognition, accommodations also about some investment traditional plans which good as compared to market. Also like term plan of bajaj Allianz life Which cheaper in the market and they give handsome discounts to their employees for self purchase.

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Dislikes

...d office. No matter how far away form your place and no matter what is the time. Too much traveling, half of your salary was gone in traveling. If we talk about support from colleagues and manager or administration everyone just showing they doing but actually no one doing anything.

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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.

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Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 11 Oct 2023

1.0
 for  Salary and Benefits

Likes

Nothing!!!!!!!

Dislikes

They're all fraud. At first they tell you that they'll give you fixed salary of 19k. For that you've to crack IRDAI exam , give them a business of 3L and four candidates. But after a completing it you'll eventually find out that there's nothing like fixed salary , they'll give you 7k if you give business of 50k minimum in a month and additional 12k if you give a business of 1L. FRAUDSTERS Mr. Parthajit Das (CRP) is one of the biggest liars anyone could face. Pls don't believe a single word what he says.

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Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 25 Jun 2023

5.0
 for  Salary and Benefits

Likes

One of the best company to work and earn money , we can earn more incentives than salary, overall this is the best company in all insurance sectors.

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Dislikes

In banca channel, the company heads and co-heads has to interact with the bankers for freshers encouragement

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 10 Aug 2023

1.0
 for  Salary and Benefits

Likes

There is nothing to like

Dislikes

They will set rs 3000000 insurance target in a year. If you don't achieve the target they will force you to leave the job and they will stop your salary till you don't resign from job. The company has a provision to pay the travel allowance if one travels 75 km or more one side, but the area manager won't approve your travel allowance unless you achieve your target in that month, still he will ask you to do 6-7 such trips in a month. On the other days they will ask you to travel 80-90 km in total for which there is no allowance. You have to bear the petrol from your salary. On Sundays also the manager will ask to promote the products.

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Bajaj Allianz Life Insurance Salary FAQs

How much does Bajaj Allianz Life Insurance pay per year?
The average Bajaj Allianz Life Insurance salary ranges from approximately ₹1 Lakh to ₹1.5 Lakh per year for a I S O and ₹70 Lakhs to ₹1 Crore per year for a Senior Vice President. Salary estimates are based on 133 Bajaj Allianz Life Insurance salaries received from various employees of Bajaj Allianz Life Insurance. Bajaj Allianz Life Insurance employees rate the overall salary and benefits package 3.9/5 stars.
What is the highest salary in Bajaj Allianz Life Insurance?
The highest-paying job at Bajaj Allianz Life Insurance is a Senior Vice President with a salary of ₹70 Lakhs to ₹1 Crore per year. The top 10% of employees earn more than ₹14 lakhs per year. The top 1% earn more than a whopping ₹36 lakhs per year.
What is the minimum salary in Bajaj Allianz Life Insurance?
Minimum salary at Bajaj Allianz Life Insurance depends on the role you are applying for. For Senior Sales Manager the minimum salary is ₹2.2 Lakhs to ₹5.1 Lakhs per year, and for Senior Relationship Manager the minimum salary is ₹2 Lakhs to ₹4 Lakhs per year and so on.
What is the salary package for freshers in Bajaj Allianz Life Insurance?
The average salary at Bajaj Allianz Life Insurance for freshers varies from ₹1.2 Lakh to ₹3 Lakhs per year for Insurance Agent and ₹13 Lakhs to ₹14 Lakhs per year for Management Associate.
What is the notice period at Bajaj Allianz Life Insurance in BFSI, Investments & Trading Department in Chennai?
According to AmbitionBox, 54% of the Bajaj Allianz Life Insurance employees in BFSI, Investments & Trading Department in Chennai reported a notice period of 1 Month, 26% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 127 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Average annual salary in BFSI, Investments & Trading department at Bajaj Allianz Life Insurance , Chennai is INRunlock blur . Salary estimates are based on 133 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.

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