Bajaj Allianz Life Insurance Distribution Manager Salaries by 3 Employees (Updated 2024)

0 - 12 years exp.

₹3.7 Lakhs - ₹4.5 Lakhs

Low Confidence

Salary of majority employees

59% less than the average Distribution Manager Salary in Insurance Companies for 0 - 12 years of experience

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Salaries in different departments

Customer Success, Service & Operations Distribution Manager Salary 0 - 9 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.1 L/yr
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BFSI, Investments & Trading Distribution Manager Salary 12 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr

Last Updated: 17 Aug 2023

Companies similar to Bajaj Allianz Life Insurance for Distribution Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Distribution Manager Salary 3 - 6 years exp. (4 salaries)	₹2.4 L/yr - ₹5.5 L/yr 13% more
HDFC Life Distribution Manager Salary 1 year exp. (3 salaries)	₹1.8 L/yr - ₹2 L/yr 51% less
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PNB MetLife Distribution Manager Salary 0 - 5 years exp. (16 salaries)	₹2 L/yr - ₹5.6 L/yr 10% less
Lava International Distribution Manager Salary 0 - 16 years exp. (148 salaries)	₹3 L/yr - ₹12.4 L/yr 98% more
Vodafone Idea Distribution Manager Salary 4 - 17 years exp. (32 salaries)	₹6 L/yr - ₹16.4 L/yr 135% more

Distribution Manager salary at Bajaj Allianz Life Insurance ranges between ₹3.7 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 3 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Experience wise Bajaj Allianz Life Insurance Distribution Manager salaries

Last Updated: 17 Aug 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr
9 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr
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12 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr

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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.

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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a technical project manager

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Bajaj Allianz Life Insurance Distribution Manager Salary FAQs

What is the notice period for Distribution Manager at Bajaj Allianz Life Insurance?

According to AmbitionBox, 100% of the Bajaj Allianz Life Insurance Distribution Managers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Bajaj Allianz Life Insurance Distribution Manager Salaries

Bajaj Allianz Life Insurance Distribution Manager salary in India ranges between ₹3.7 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.