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

Annual salary range
1 - 6 years exp.
₹1.8 Lakh - ₹5.3 Lakhs
Salary of majority employees
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24% less than the average Executive Salary in Insurance Companies for 1 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Executive Salary
2 - 6 years exp. (10 salaries)
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₹2.3 L/yr - ₹4.2 L/yr

Customer Success, Service & Operations
Executive Salary
1 - 5 years exp. (7 salaries)
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₹3.2 L/yr - ₹4.7 L/yr

Finance & Accounting
Executive Salary
1 - 4 years exp. (7 salaries)
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₹2 L/yr - ₹5 L/yr

Sales & Business Development
Executive Salary
1 - 6 years exp. (5 salaries)
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₹2.5 L/yr - ₹4.1 L/yr

Human Resources
Executive Salary
2 - 4 years exp. (3 salaries)
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₹2.5 L/yr - ₹5.3 L/yr

View all

Last Updated: 22 Mar 2025

Companies similar to Bajaj Allianz Life Insurance for Executive

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0 - 7 years exp. (227 salaries)

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₹1.6 L/yr - ₹4.8 L/yr

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₹2.2 L/yr - ₹5.7 L/yr

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4 job openings
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Axis Max Life Insurance Executive Salary

0 - 6 years exp. (206 salaries)

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₹1.2 L/yr - ₹5.5 L/yr

arrow icon 7% less
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HDFC Ergo General Insurance Executive Salary

2 - 6 years exp. (165 salaries)

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₹1.7 L/yr - ₹6.5 L/yr

arrow icon 4% less
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Tata AIA Life Insurance Executive Salary

1 - 9 years exp. (104 salaries)

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₹2 L/yr - ₹6.5 L/yr

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Tata AIG Executive Salary

0 - 8 years exp. (89 salaries)

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₹1.7 L/yr - ₹5 L/yr

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HDFC Life Executive Salary

0 - 5 years exp. (80 salaries)

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₹2.2 L/yr - ₹5 L/yr

arrow icon 15% more
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₹2.4 L/yr - ₹4 L/yr

arrow icon 10% less
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₹1.8 L/yr - ₹3.5 L/yr

arrow icon 24% less
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Shriram Life Insurance Executive Salary

0 - 5 years exp. (45 salaries)

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₹1.8 L/yr - ₹3.5 L/yr

arrow icon 28% less
View all
Executive salary at Bajaj Allianz Life Insurance ranges between ₹1.8 Lakh to ₹5.3 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 53 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Latest annual salaries shared by Bajaj Allianz Life Insurance Executive

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Experience wise Bajaj Allianz Life Insurance Executive salaries

Last Updated: 22 Mar 2025

Experience Avg Annual Salary
1 year  (6 salaries)

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₹2 L/yr - ₹4.7 L/yr
2 years  (10 salaries)

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₹1.8 L/yr - ₹4.3 L/yr
3 years  (15 salaries)

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₹1.9 L/yr - ₹5.1 L/yr
4 years  (10 salaries)

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₹2.5 L/yr - ₹5.3 L/yr
5 years  (6 salaries)

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₹2.3 L/yr - ₹4 L/yr
View all
Bajaj Allianz Life Insurance Executive Salary and Career Growth

From

To

Executive

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1 - 6 years exp.

Associate Vice President

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10 - 23 years exp.

Executive

1 - 6 years exp.
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Senior Executive

1 - 11 years exp.
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arrow icon 34% hike

Assistant Manager

2 - 14 years exp.
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arrow icon 72% hike
Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Bajaj Allianz Life Insurance

Chemist Salary
(AmbitionBox Estimate)
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₹1.9 L/yr - ₹2.4 L/yr
Officer Salary
(5 salaries)
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₹1.2 L/yr - ₹2.8 L/yr
Supervisor Salary
(3 salaries)
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₹1.1 L/yr - ₹3.4 L/yr
QA Engineer Salary
(17 salaries)
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₹2.05 L/yr - ₹4.5 L/yr
Deputy Manager Salary
(338 salaries)
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₹4.5 L/yr - ₹16.5 L/yr
Senior Officer Salary
(7 salaries)
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₹1.9 L/yr - ₹5.2 L/yr
Senior Engineer Salary
(AmbitionBox Estimate)
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₹6.3 L/yr - ₹8 L/yr
Quality Engineer Salary
(AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.7 L/yr
Quality Manager Salary
(AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.7 L/yr
Junior Engineer Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹3 L/yr

Top skills at Bajaj Allianz Life Insurance for Executive

Recruitment Relationship Management Finance General Insurance Insurance

Salary related reviews for Bajaj Allianz Life Insurance

3.8

Rated by 13 employees for salary & benefits

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....

read more
  • Salary - Bad
  • +6 more

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.

read more
  • Salary - Excellent
  • +6 more

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.

read more

Full Time

 · 

Product Management Department

1.0
  •  posted on 24 Jan 2025

1.0
 for  Salary and Benefits

Likes

Nothing.

Dislikes

...w manager are treated the worst. Designation will not help you find another job. No increment or promotion unless you are from tier 1 college or your salary is above 30 lpa. Skill development is only provided for the person belonging to their community. Senior positions are occupied by Malyalam speaking community and hence increment and promotions are only for them. No outdoor trips as it's only applicable for senior positions. Junior employees don't stay more than 3 months in the company. Company culture is the worst across Bajaj companies. They treat employees in such a way that they should jump off their building and end their lives as they encourage their family members and friends in other companies to not hire their team members. Hence an employee is stuck for rest of their lives in the same place with the lowest salary.

read more
  • Salary - Bad
  • +6 more

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.

read more
  • Salary - Excellent
  • +3 more

Dislikes

Nothing as of now.

see more salary related reviews

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Bajaj Allianz Life Insurance Executive Salary FAQs

What is the salary of Executive at Bajaj Allianz Life Insurance ?
The average salary of a Executive at Bajaj Allianz Life Insurance in India typically ranges from ₹1.8 Lakhs to ₹5.3 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Executive at Bajaj Allianz Life Insurance earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹5.3 Lakhs per year. Executive 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 50+ Bajaj Allianz Life Insurance employees in India.
What is the estimated take home salary of a Executive at Bajaj Allianz Life Insurance in India?
The estimated take-home salary of a Executive at Bajaj Allianz Life Insurance in India typically ranges from ₹25,897 to ₹27,322 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹5.3 Lakhs per year for employees with experience ranging from 1 year to 6 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 50+ salaries received from various employees of Bajaj Allianz Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Executive at Bajaj Allianz Life Insurance ?
To be a Executive at Bajaj Allianz Life Insurance in india, the key skills required include:

  • - Recruitment
  • - Relationship Management
  • - Finance
  • - General Insurance
  • - Insurance

These skills are highly valued at Bajaj Allianz Life Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Bajaj Allianz Life Insurance for Executive in India?
Tata AIA Life Insurance ₹2.0 Lakhs to ₹6.5 Lakhs per year
Allianz ₹2.1 Lakhs to ₹8.5 Lakhs per year
Bajaj Allianz General Insurance ₹2.2 Lakhs to ₹5.7 Lakhs per year
HDFC Life ₹2.2 Lakhs to ₹5.0 Lakhs per year
AON Global Insurance Brokers ₹3.0 Lakhs to ₹4.7 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 Executive in companies similar to Bajaj Allianz Life Insurance in India?
The salary of a Executive 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:

SBI Life Insurance Company ₹1.4 Lakhs to ₹6.0 Lakhs per year
HDFC Ergo General Insurance ₹1.7 Lakhs to ₹6.5 Lakhs per year
Axis Max Life Insurance ₹1.2 Lakhs to ₹5.5 Lakhs per year
Niva Bupa Health Insurance Company ₹2.4 Lakhs to ₹4.0 Lakhs per year
Gallagher ₹2.3 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 Executive at Bajaj Allianz Life Insurance in India?
The salary growth for a Executive at Bajaj Allianz Life Insurance depends on factors such as experience, performance, and promotions. On average, a Executive can expect the following growth trajectory at Bajaj Allianz Life Insurance:

Experience Average Salary Range
1 year ₹2.0 Lakhs to ₹4.7 Lakhs per year
2 years ₹1.8 Lakhs to ₹4.3 Lakhs per year
3 years ₹1.9 Lakhs to ₹5.1 Lakhs per year
4 years ₹2.5 Lakhs to ₹5.3 Lakhs per year
and so on.

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Bajaj Allianz Life Insurance Executive salary in India ranges between ₹1.8 Lakh to ₹5.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 53 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.