Bajaj Allianz Life Insurance Deputy Vice President Salaries by 10 Employees (Updated 2025)

9 - 20 years exp.

₹28 Lakhs - ₹69.5 Lakhs

Low Confidence

Salary of majority employees

Fixed (84%)

₹37.1 Lakhs

Variable (16%)

₹7.1 Lakhs

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33% more than the average Deputy Vice President Salary in Insurance Companies for 9 - 20 years of experience

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Salaries in different departments

Product Management Deputy Vice President Salary 13 - 15 years exp. (3 salaries)	Unlock ₹35 L/yr - ₹63 L/yr
Customer Success, Service & Operations Deputy Vice President Salary 16 - 17 years exp. (AmbitionBox Estimate)	Unlock ₹45 L/yr - ₹55 L/yr
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Risk Management & Compliance Deputy Vice President Salary 17 - 18 years exp. (AmbitionBox Estimate)	Unlock ₹28 L/yr - ₹40.9 L/yr

Last Updated: 11 Mar 2025

Companies similar to Bajaj Allianz Life Insurance for Deputy Vice President

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindara Life Insurance Deputy Vice President Salary 13 - 20 years exp. (115 salaries)	Unlock ₹11 L/yr - ₹44 L/yr 39% less
Aditya Birla Sun Life Insurance Deputy Vice President Salary 14 - 21 years exp. (6 salaries)	Unlock ₹27.7 L/yr - ₹55 L/yr 8% less
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HDFC Ergo General Insurance Deputy Vice President Salary 14 - 22 years exp. (151 salaries)	Unlock ₹18 L/yr - ₹48.4 L/yr 30% less
ICICI Lombard General Insurance Company Deputy Vice President Salary 14 - 25 years exp. (132 salaries)	Unlock ₹20 L/yr - ₹56 L/yr 18% less
Tata AIG Deputy Vice President Salary 10 - 22 years exp. (61 salaries)	Unlock ₹19.2 L/yr - ₹45.1 L/yr 35% less
Niva Bupa Health Insurance Company Deputy Vice President Salary 14 - 21 years exp. (8 salaries)	Unlock ₹30 L/yr - ₹55 L/yr 7% less
Gallagher Deputy Vice President Salary 8 - 12 years exp. (5 salaries)	Unlock ₹33 L/yr - ₹46 L/yr 13% less
Aditya Birla Health Insurance Co Deputy Vice President Salary 17 - 22 years exp. (5 salaries)	Unlock ₹35.5 L/yr - ₹53 L/yr 5% less
Bajaj Allianz General Insurance Deputy Vice President Salary 15 - 17 years exp. (3 salaries)	Unlock ₹30 L/yr - ₹70 L/yr 5% more

Deputy Vice President salary at Bajaj Allianz Life Insurance ranges between ₹28 Lakhs to ₹69.5 Lakhs per year for employees with experience between 9 years to 20 years. Salary estimates are based on 10 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Latest annual salaries shared by Bajaj Allianz Life Insurance Deputy Vice President

2d ago

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15 years exp.

1w ago

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18 years exp.

1w ago

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18 years exp.

1mo ago

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17 years exp.

5mo ago

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17 years exp.

7mo ago

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9 years exp.

7mo ago

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14 years exp.

11mo ago

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16 years exp.

1y ago

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13 years exp.

1y ago

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20 years exp.

Experience wise Bajaj Allianz Life Insurance Deputy Vice President salaries

Last Updated: 11 Mar 2025

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	Unlock ₹30 L/yr - ₹77.1 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹38.7 L/yr - ₹49.4 L/yr
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11 years (AmbitionBox Estimate)	Unlock ₹38.9 L/yr - ₹49.7 L/yr
12 years (AmbitionBox Estimate)	Unlock ₹39 L/yr - ₹49.9 L/yr
13 years (AmbitionBox Estimate)	Unlock ₹35 L/yr - ₹78.4 L/yr
14 years (AmbitionBox Estimate)	Unlock ₹35 L/yr - ₹78.7 L/yr
15+ years (7 salaries)	Unlock ₹28 L/yr - ₹69.5 L/yr

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Salary related reviews for Bajaj Allianz Life Insurance

4.0

Rated by 1 employees for salary & benefits

Cluster Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 08 Jan 2025

5.0

for Salary and Benefits

Likes

The environment is good, as well as the pay package; which is very good. There's a lot of scope of learning here in the industry. Management is a bit clueless and less emotionally oriented but overall it's a good place or organisation to work for or work in. Good amount of promotions are there, trips national or international they have all to keep their people happy and motivated.

Salary - Excellent

+3 more

Dislikes

Nothing as of now.

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.

Senior Relationship Manager in Hyderabad / Secunderabad

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.

Salary - Excellent

+6 more

Dislikes

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

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Bajaj Allianz Life Insurance Deputy Vice President Salary FAQs

What is the salary of Deputy Vice President at Bajaj Allianz Life Insurance?

Deputy Vice President salary at Bajaj Allianz Life Insurance in India ranges between ₹28.0 Lakhs to ₹69.5 Lakhs for experience between 9 years to 20 years. According to our estimates it is 33% more than the average Deputy Vice President Salary in India. Salary estimates are based on 10 latest salaries received from various employees of Bajaj Allianz Life Insurance India.

How does the salary of a Deputy Vice President at Bajaj Allianz Life Insurance India compare with the average salary range for this job?

The average salary of a Deputy Vice President at Bajaj Allianz Life Insurance is 33% more than the average salary of a Deputy Vice President in India. To know exact salary insights, login to view.

Which similar companies are paying more than Bajaj Allianz Life Insurance to a Deputy Vice President in India?

Bajaj Allianz General Insurance Deputy Vice President Salary - ₹30.0 Lakhs to ₹70.0 Lakhs per year

What is the salary of a Deputy Vice President in companies similar to Bajaj Allianz Life Insurance in India?

Aditya Birla Health Insurance Co Deputy Vice President Salary - ₹35.5 Lakhs to ₹53.0 Lakhs per year
Niva Bupa Health Insurance Company Deputy Vice President Salary - ₹30.0 Lakhs to ₹55.0 Lakhs per year
Aditya Birla Sun Life Insurance Deputy Vice President Salary - ₹27.7 Lakhs to ₹55.0 Lakhs per year
Gallagher Deputy Vice President Salary - ₹33.0 Lakhs to ₹46.0 Lakhs per year
ICICI Lombard General Insurance Company Deputy Vice President Salary - ₹20.0 Lakhs to ₹56.0 Lakhs per year

What is the estimated take home salary of a Deputy Vice President at Bajaj Allianz Life Insurance in India?

The estimated take-home salary of a Deputy Vice President at Bajaj Allianz Life Insurance ranges between ₹2,60,512 per month to ₹2,71,154 per month in India. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance Deputy Vice President salary in India which ranges between ₹28.0 Lakhs to ₹69.5 Lakhs per year for employees with experience between 9 years to 20 years. Check how did we calculate take home salary?

What is the notice period for Deputy Vice President at Bajaj Allianz Life Insurance?

According to AmbitionBox, 100% of the Bajaj Allianz Life Insurance Deputy Vice Presidents reported a notice period of 3 Months.This is based on 12 responses on AmbitionBox in last 2 years.

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Bajaj Allianz Life Insurance Deputy Vice President Salaries

Bajaj Allianz Life Insurance Deputy Vice President salary in India ranges between ₹28 Lakhs to ₹69.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.