Bajaj Allianz Life Insurance Field Executive Salaries by 4 Employees

2 - 10 years exp.

₹1.1 Lakh - ₹4 Lakhs

Low Confidence

Salary of majority employees

38% less than the average Field Executive Salary in Insurance Companies for 2 - 10 years of experience

Interested in this particular role?

Last Updated: 30 Sep 2024

Companies similar to Bajaj Allianz Life Insurance for Field Executive

Company name	Avg Annual Salary	Open Jobs
Tata AIG Field Executive Salary 0 - 5 years exp. (6 salaries)	₹1.5 L/yr - ₹2.2 L/yr 17% less
ICICI Prudential Life Insurance Field Executive Salary 0 - 4 years exp. (5 salaries)	₹0.8 L/yr - ₹2.5 L/yr 20% less
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Reliance Nippon Life Insurance Field Executive Salary 6 - 10 years exp. (5 salaries)	₹1.8 L/yr - ₹2.1 L/yr 15% less
HDFC Life Field Executive Salary 2 - 4 years exp. (5 salaries)	₹1.5 L/yr - ₹2.8 L/yr At par
ICICI Lombard General Insurance Company Field Executive Salary 3 - 17 years exp. (4 salaries)	₹2.3 L/yr - ₹3 L/yr 17% more
Bajaj Allianz General Insurance Field Executive Salary 1 - 9 years exp. (4 salaries)	₹1.1 L/yr - ₹3.8 L/yr 9% more
HDFC Ergo General Insurance Field Executive Salary 1 - 3 years exp. (4 salaries)	₹1.8 L/yr - ₹2.9 L/yr 7% more
SBI Life Insurance Company Field Executive Salary 6 - 15 years exp. (4 salaries)	₹1.2 L/yr - ₹2.5 L/yr 13% less
Star Health & Allied Insurance Field Executive Salary 1 - 5 years exp. (4 salaries)	₹1.7 L/yr - ₹1.8 L/yr 20% less

Field Executive salary at Bajaj Allianz Life Insurance ranges between ₹1.1 Lakh to ₹4 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Experience wise Bajaj Allianz Life Insurance Field Executive salaries

Last Updated: 30 Sep 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹4 L/yr
3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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4 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹4.7 L/yr
5 years (AmbitionBox Estimate)	₹1 L/yr - ₹2.5 L/yr
6 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
7 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
8 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
9 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.9 L/yr
10 years (AmbitionBox Estimate)	₹0.6 L/yr - ₹1.8 L/yr

View all

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Salary related reviews for Bajaj Allianz Life Insurance

3.0

Rated by 1 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.

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.

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.

Salary - Excellent

+1 more

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.

Skill development - Bad

+4 more

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.

Salary - Excellent

+6 more

Dislikes

There is no dislike for me about this company

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Bajaj Allianz Life Insurance Field Executive Salary FAQs

What is the salary of Field Executive at Bajaj Allianz Life Insurance ?

The average salary of a Field Executive at Bajaj Allianz Life Insurance in India typically ranges from ₹1.1 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 2 years to 10 years).

The top 10% of Field Executive at Bajaj Allianz Life Insurance earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Field 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 4 Bajaj Allianz Life Insurance employees in India.

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

The estimated take-home salary of a Field Executive at Bajaj Allianz Life Insurance in India typically ranges from ₹15,285 to ₹16,877 per month. This is based on the average salary range of ₹1.1 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 2 years to 10 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 4 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 Field Executive in India?

ICICI Lombard General Insurance Company	₹2.3 Lakhs to ₹3.0 Lakhs per year
Bajaj Allianz General Insurance	₹1.1 Lakhs to ₹3.8 Lakhs per year
HDFC Ergo General Insurance	₹1.8 Lakhs to ₹2.9 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 Field Executive in companies similar to Bajaj Allianz Life Insurance in India?

The salary of a Field 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:

HDFC Life	₹1.5 Lakhs to ₹2.8 Lakhs per year
SBI Life Insurance Company	₹1.2 Lakhs to ₹2.5 Lakhs per year
Reliance Nippon Life Insurance	₹1.8 Lakhs to ₹2.1 Lakhs per year
Tata AIG	₹1.5 Lakhs to ₹2.2 Lakhs per year
Star Health & Allied Insurance	₹1.7 Lakhs to ₹1.8 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 Field Executive at Bajaj Allianz Life Insurance in India?

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

Experience	Average Salary Range
2 years	₹1.2 Lakhs to ₹4.0 Lakhs per year
3 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
4 years	₹1.1 Lakhs to ₹4.7 Lakhs per year
5 years	₹1.0 Lakhs to ₹2.5 Lakhs per year

and so on.

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Bajaj Allianz Life Insurance Field Executive Salaries

Bajaj Allianz Life Insurance Field Executive salary in India ranges between ₹1.1 Lakh to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.