Bajaj Allianz Life Insurance New Delhi Cluster Head Salaries by 6 Employees (Updated 2025)

10 - 14 years exp.

₹9.2 Lakhs - ₹15 Lakhs

Salary of majority employees

31% less than the average Cluster Head Salary in Insurance Companies for 10 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Head Salary 10 - 14 years exp. (5 salaries)	₹9.2 L/yr - ₹14.1 L/yr
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Sales & Business Development Cluster Head Salary 13 years exp. (AmbitionBox Estimate)	₹11.5 L/yr - ₹15 L/yr

Last Updated: 10 Dec 2024

Companies similar to Bajaj Allianz Life Insurance for Cluster Head in New Delhi

Bajaj Allianz Life Insurance Cluster Head Salary

10 - 14 years exp. (6 salaries)

₹9.2 L/yr - ₹15 L/yr

Company name	Avg Annual Salary	Open Jobs
Max Life Insurance Cluster Head Salary 7 - 15 years exp. (4 salaries)	₹7.5 L/yr - ₹11.9 L/yr 5% more
Bajaj Allianz General Insurance Cluster Head Salary 5 - 12 years exp. (4 salaries)	₹8.9 L/yr - ₹10.8 L/yr 15% less	18 job openings
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HDFC Bank Cluster Head Salary 11 - 21 years exp. (24 salaries)	₹11.5 L/yr - ₹41.4 L/yr 124% more
Yes Bank Cluster Head Salary 13 - 21 years exp. (21 salaries)	₹15 L/yr - ₹38.5 L/yr 137% more
IDFC FIRST Bank Cluster Head Salary 10 - 20 years exp. (19 salaries)	₹11.3 L/yr - ₹37 L/yr 133% more

Cluster Head salary at Bajaj Allianz Life Insurance ranges between ₹9.2 Lakhs to ₹15 Lakhs per year for employees with experience between 10 years to 14 years. Salary estimates are based on 6 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Experience wise Bajaj Allianz Life Insurance Cluster Head salaries in New Delhi

Last Updated: 10 Dec 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹19.5 L/yr
11 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹19.6 L/yr
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12 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.6 L/yr
13 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹15 L/yr
14 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹14.1 L/yr

Similar Designation salaries in Bajaj Allianz Life Insurance

Sales Manager Salary

(26 salaries)

₹2.25 L/yr - ₹5 L/yr

Deputy Manager Salary

(17 salaries)

₹6.3 L/yr - ₹15 L/yr

Territory Manager Salary

(12 salaries)

₹6 L/yr - ₹8 L/yr

Cluster Manager Salary

(12 salaries)

₹5.2 L/yr - ₹11.7 L/yr

Area Manager Salary

(10 salaries)

₹5.75 L/yr - ₹16.5 L/yr

Sales Executive Salary

(5 salaries)

₹2.5 L/yr - ₹3.5 L/yr

Team Lead Salary

(4 salaries)

₹1.8 L/yr - ₹5.15 L/yr

Branch Manager Salary

(4 salaries)

₹7.5 L/yr - ₹10.6 L/yr

Sales Officer Salary

(4 salaries)

₹3 L/yr - ₹5.5 L/yr

Top skills at Bajaj Allianz Life Insurance for Cluster Head

Sales Strategy Operations Campaigns Selection branding LI Policy Issuance Zonal

Salary related reviews for Bajaj Allianz Life Insurance

4.2

Rated by 2 employees for salary & benefits

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.

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

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

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.

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.

Sales Officer in New Delhi

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.

Dislikes

There is no dislike for me about this company

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Bajaj Allianz Life Insurance Cluster Head Salary FAQs

What is the salary of Cluster Head at Bajaj Allianz Life Insurance New Delhi?

Cluster Head salary at Bajaj Allianz Life Insurance in New Delhi ranges between ₹9.2 Lakhs to ₹15.0 Lakhs for experience between 10 years to 14 years. According to our estimates it is 31% less than the average Cluster Head Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Bajaj Allianz Life Insurance New Delhi.

How does the salary of a Cluster Head at Bajaj Allianz Life Insurance New Delhi compare with the average salary range for this job?

The average salary of a Cluster Head at Bajaj Allianz Life Insurance is 31% less than the average salary of a Cluster Head in New Delhi. To know exact salary insights, login to view.

What are the top skills required to work as a Cluster Head at Bajaj Allianz Life Insurance?

Sales Strategy, Operations, Campaigns, Selection and branding are some of the popular skills required to work as a Cluster Head at Bajaj Allianz Life Insurance New Delhi.

Which similar companies are paying more than Bajaj Allianz Life Insurance to a Cluster Head in New Delhi?

Yes Bank Cluster Head Salary - ₹15.0 Lakhs to ₹38.5 Lakhs per year
IDFC FIRST Bank Cluster Head Salary - ₹11.3 Lakhs to ₹37.0 Lakhs per year
HDFC Bank Cluster Head Salary - ₹11.5 Lakhs to ₹41.4 Lakhs per year
Max Life Insurance Cluster Head Salary - ₹7.5 Lakhs to ₹11.9 Lakhs per year

What is the salary of a Cluster Head in companies similar to Bajaj Allianz Life Insurance in New Delhi?

Bajaj Allianz General Insurance Cluster Head Salary - ₹8.9 Lakhs to ₹10.8 Lakhs per year

What is the estimated take home salary of a Cluster Head at Bajaj Allianz Life Insurance in New Delhi?

The estimated take-home salary of a Cluster Head at Bajaj Allianz Life Insurance ranges between ₹78,568 per month to ₹80,611 per month in New Delhi. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance Cluster Head salary in India which ranges between ₹9.2 Lakhs to ₹15.0 Lakhs per year for employees with experience between 10 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Cluster Head at Bajaj Allianz Life Insurance in New Delhi?

According to AmbitionBox, 60% of the Bajaj Allianz Life Insurance Cluster Heads in New Delhi reported a notice period of 3 Months, 40% reported a notice period of 2 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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Bajaj Allianz Life Insurance Cluster Head Salaries in New Delhi

Bajaj Allianz Life Insurance Cluster Head salary in New Delhi ranges between ₹9.2 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.