Bajaj Allianz Life Insurance Chief Business Manager Salaries by 2 Employees

12 - 13 years exp.

₹5.6 Lakhs - ₹7.2 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

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Last Updated: 17 Aug 2024

Companies similar to Bajaj Allianz Life Insurance for Chief Business Manager

Company name	Avg Annual Salary	Open Jobs
SBI Life Insurance Company Chief Business Manager Salary 10 - 15 years exp. (3 salaries)	₹8 L/yr - ₹9.3 L/yr 37% more
PNB MetLife Chief Business Manager Salary 3 - 15 years exp. (72 salaries)	₹4.6 L/yr - ₹7.3 L/yr 11% less
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Turtlemint Chief Business Manager Salary 5 - 13 years exp. (53 salaries)	₹4.5 L/yr - ₹6.3 L/yr 20% less
Bharti AXA Life Insurance Chief Business Manager Salary 6 - 16 years exp. (8 salaries)	₹5.1 L/yr - ₹6 L/yr 16% less
Shriram Finance Chief Business Manager Salary 12 - 19 years exp. (8 salaries)	₹8.5 L/yr - ₹12 L/yr 35% more

Chief Business Manager salary at Bajaj Allianz Life Insurance ranges between ₹5.6 Lakhs to ₹7.2 Lakhs per year for employees with experience between 12 years to 13 years. Salary estimates are based on 2 latest salaries received from various employees of Bajaj Allianz Life Insurance.

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Salary related reviews for Bajaj Allianz Life Insurance

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.

Salary - Bad

+6 more

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

Salary - Bad

+6 more

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

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.

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.

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.

Skill development - Bad

+4 more

Senior Business Development Manager in Soro

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.

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Bajaj Allianz Life Insurance Chief Business Manager Salary FAQs

How the salary growth look like for a Chief Business Manager at Bajaj Allianz Life Insurance in India?

The salary growth for a Chief Business Manager at Bajaj Allianz Life Insurance depends on factors such as experience, performance, and promotions. On average, a Chief Business Manager can expect the following growth trajectory at Bajaj Allianz Life Insurance:

Experience	Average Salary Range
12 years	₹6.0 Lakhs to ₹11.3 Lakhs per year
13 years	₹6.0 Lakhs to ₹11.3 Lakhs per year

and so on.

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Bajaj Allianz Life Insurance Chief Business Manager Salaries

Bajaj Allianz Life Insurance Chief Business Manager salary in India ranges between ₹5.6 Lakhs to ₹7.2 Lakhs. This is an estimate based on latest salaries received from employees of Bajaj Allianz Life Insurance.