Bajaj Allianz Life Insurance ESM Salaries by 9 Employees (Updated 2025)

0 - 9 years exp.

₹3 Lakhs - ₹4 Lakhs

Low Confidence

Salary of majority employees

15% less than the average ESM Salary in Insurance Companies for 0 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading ESM Salary 3 - 9 years exp. (4 salaries)	₹3.1 L/yr - ₹3.6 L/yr
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Sales & Business Development ESM Salary Fresher (AmbitionBox Estimate)	₹3.5 L/yr - ₹3.6 L/yr

Last Updated: 22 Jan 2025

Companies similar to Bajaj Allianz Life Insurance for ESM

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Sun Life Insurance ESM Salary 1 - 8 years exp. (17 salaries)	₹3.3 L/yr - ₹3.5 L/yr 7% less
Reliance Nippon Life Insurance ESM Salary 5 - 10 years exp. (5 salaries)	₹3.3 L/yr - ₹4.5 L/yr 3% more
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HDFC Life ESM Salary 2 - 14 years exp. (5 salaries)	₹4.2 L/yr - ₹8.6 L/yr 93% more
Bajaj Allianz General Insurance ESM Salary 4 - 8 years exp. (4 salaries)	₹3.5 L/yr - ₹4.2 L/yr 6% more
Pramerica Life Insurance ESM Salary 3 - 11 years exp. (7 salaries)	₹4 L/yr - ₹5 L/yr 32% more

ESM salary at Bajaj Allianz Life Insurance ranges between ₹3 Lakhs to ₹4 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 9 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Experience wise Bajaj Allianz Life Insurance ESM salaries

Last Updated: 22 Jan 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.4 L/yr
1 year (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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2 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
3 years (3 salaries)	₹3.5 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
5 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹6.3 L/yr
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.3 L/yr
7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.3 L/yr
8 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
9 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.3 L/yr

View all

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Salary related reviews for Bajaj Allianz Life Insurance

3.7

Rated by 8 employees for salary & benefits

Seles Executive in Pune

Full Time

Sales & Business Development Department

5.0

• posted on 31 Jan 2025

5.0

for Salary and Benefits

Likes

The salary and perks offered to employees are excellent, and the work ethics are truly commendable . You won't regret your decision to work here. There is no favoritism and the management is outstanding.

Salary - Excellent

+6 more

AM Human Resource in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 18 Mar 2025

5.0

for Salary and Benefits

Likes

In bajaj salary credit on time always.

Salary - Excellent

Dislikes

In Bajaj there is no upgrade in ur role and responsibilities and no one want to upgrade your. No extra skill learning activities done. As relevant work of ur role.

Job security - Poor

Executive Relationship Manager in Kohima

Full Time

Sales & Business Development Department

1.0

• posted on 17 Mar 2025

1.0

for Salary and Benefits

Likes

No comments

Dislikes

Not getting salary on time, bad Area manger, bad HR, Always getting negative reviews no matter how much efforts we are giving . No support from highers ups. Getting too much calls and VC even on holidays. Still didn't got experience letter.

Salary - Bad

+6 more

Senior Area Manager in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 04 Mar 2025

1.0

for Salary and Benefits

Likes

Nothing is there to like to this company...

Dislikes

Here there is no system for credit the salary and it's based on Manager's wish . If Manager wants to hold the salary, he can without any reason also... So Bajaj is not better choice for who works harldy with honesty....

Salary - Bad

+6 more

Executive Relationship Manager in Bankura

Full Time

Sales & Business Development Department

5.0

• posted on 29 Jan 2025

5.0

for Salary and Benefits

Likes

Balic is a good company to work .. balic has given my carrier high..

Salary - Excellent

+6 more

Dislikes

...e centricity balic does not look even after Work hard and good work for balic .. company does not increase no salary as per expectations.

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Bajaj Allianz Life Insurance ESM Salary FAQs

What is the salary of ESM at Bajaj Allianz Life Insurance ?

The average salary of a ESM at Bajaj Allianz Life Insurance in India typically ranges from ₹3.0 Lakhs to ₹4.0 Lakhs per year, depending on experience (from Fresher to 9 years).

The top 10% of ESM at Bajaj Allianz Life Insurance earn more than ₹3.8 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. ESM Salaries at Bajaj Allianz Life Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 9 Bajaj Allianz Life Insurance employees in India.

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

The estimated take-home salary of a ESM at Bajaj Allianz Life Insurance in India typically ranges from ₹25,716 to ₹27,144 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from Fresher to 9 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 9 salaries received from various employees of Bajaj Allianz Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Bajaj Allianz Life Insurance for ESM in India?

HDFC Life	₹4.2 Lakhs to ₹8.6 Lakhs per year
Pramerica Life Insurance	₹4.0 Lakhs to ₹5.0 Lakhs per year
Bajaj Allianz General Insurance	₹3.5 Lakhs to ₹4.2 Lakhs per year
Reliance Nippon Life Insurance	₹3.3 Lakhs to ₹4.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bajaj Allianz Life Insurance, depending on the role and experience level.

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

The salary of a ESM at companies similar to Bajaj Allianz Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aditya Birla Sun Life Insurance

₹3.3 Lakhs to ₹3.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

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

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

Experience	Average Salary Range
Fresher	₹3.5 Lakhs to ₹6.4 Lakhs per year
1 year	₹3.2 Lakhs to ₹4.1 Lakhs per year
2 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
3 years	₹3.5 Lakhs to ₹4.0 Lakhs per year

and so on.

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Bajaj Allianz Life Insurance ESM Salaries

Bajaj Allianz Life Insurance ESM salary in India ranges between ₹3 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.

Bajaj Allianz Life Insurance ESM salaries in India (Updated 2025)

Companies similar to Bajaj Allianz Life Insurance for ESM

Latest annual salaries shared by Bajaj Allianz Life Insurance ESM

Experience wise Bajaj Allianz Life Insurance ESM salaries

Similar Designation salaries in Bajaj Allianz Life Insurance

Salary related reviews for Bajaj Allianz Life Insurance

Seles Executive in Pune

AM Human Resource in Mumbai

Executive Relationship Manager in Kohima

Senior Area Manager in Hyderabad / Secunderabad

Executive Relationship Manager in Bankura

Bajaj Allianz Life Insurance ESM Salary FAQs

Tell us how to improve this page.