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3.9

based on 5.1k Reviews

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Hyderabad / Secunderabad
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Bajaj Allianz Life Insurance Salaries in Hyderabad / Secunderabad (Updated 2025)

based on 484 latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Sales & Business Development Customer Success, Service & Operations Marketing & Communication + 6 more
Designation Avg Annual Salary Open Jobs

Relationship Manager

0 - 10 years exp. · Hyderabad / Secunderabad (47 salaries)
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₹1.8 L/yr - ₹4.5 L/yr

22 job openings

Business Sales Manager

1 - 11 years exp. · Hyderabad / Secunderabad (46 salaries)
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₹3 L/yr - ₹5.6 L/yr

Executive Relationship Manager

0 - 6 years exp. · Hyderabad / Secunderabad (43 salaries)
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₹3 L/yr - ₹4 L/yr

13 job openings

Senior Business Sales Manager

2 - 8 years exp. · Hyderabad / Secunderabad (27 salaries)
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₹3.4 L/yr - ₹5.5 L/yr

Starting your career? Discover Bajaj Allianz Life Insurance fresher salaries in India

Sales Manager

0 - 8 years exp. · Hyderabad / Secunderabad (19 salaries)
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₹2.5 L/yr - ₹7 L/yr

18 job openings

Senior Sales Manager

0 - 7 years exp. · Hyderabad / Secunderabad (13 salaries)
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₹2.5 L/yr - ₹3.5 L/yr

6 job openings

Premier Relationship Manager

1 - 10 years exp. · Hyderabad / Secunderabad (13 salaries)
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₹5 L/yr - ₹5.5 L/yr

Business Development Manager

2 - 9 years exp. · Hyderabad / Secunderabad (12 salaries)
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₹3.5 L/yr - ₹6 L/yr

3 job openings

Territory Manager

6 - 13 years exp. · Hyderabad / Secunderabad (10 salaries)
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₹5 L/yr - ₹9.2 L/yr

2 job openings

Senior Business Development Manager

3 - 11 years exp. · Hyderabad / Secunderabad (8 salaries)
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₹4.3 L/yr - ₹5 L/yr

Senior Area Manager

10 - 17 years exp. · Hyderabad / Secunderabad (7 salaries)
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₹10 L/yr - ₹13.5 L/yr

Regional Head

16 - 21 years exp. · Hyderabad / Secunderabad (6 salaries)
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₹13.5 L/yr - ₹22 L/yr

Key Relationship Manager

1 - 8 years exp. · Hyderabad / Secunderabad (6 salaries)
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₹3.8 L/yr - ₹4.1 L/yr

Regional Manager

11 - 23 years exp. · Hyderabad / Secunderabad (6 salaries)
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₹7.5 L/yr - ₹22 L/yr

Chief Branch Manager

11 - 17 years exp. · Hyderabad / Secunderabad (6 salaries)
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₹11 L/yr - ₹15 L/yr

Area Manager

14 - 16 years exp. · Hyderabad / Secunderabad (6 salaries)
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₹8.8 L/yr - ₹13.5 L/yr

Branch Sales Manager

2 - 7 years exp. · Hyderabad / Secunderabad (5 salaries)
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₹3.6 L/yr - ₹5.2 L/yr

Software Developer

3 - 4 years exp. · Hyderabad / Secunderabad (5 salaries)
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₹4 L/yr - ₹7 L/yr

Senior Executive Operations

3 - 9 years exp. · Hyderabad / Secunderabad (4 salaries)
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₹3 L/yr - ₹5 L/yr

Senior Branch Manager

12 - 21 years exp. · Hyderabad / Secunderabad (4 salaries)
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₹7 L/yr - ₹13 L/yr

1 job opening

Last Updated: 4 Apr, 2025

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peacemaker
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New offer. Confused.
My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?
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Salary related reviews for Bajaj Allianz Life Insurance

3.9

Rated by 107 employees for salary & benefits

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....

read more
  • Salary - Bad
    • +6 more

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.

read more
  • Salary - Excellent
    • +6 more

Dislikes

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

Executive Relationship Manager in Hyderabad / Secunderabad

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 10 Aug 2023
1.0
 for  Salary and Benefits

Likes

There is nothing to like

Dislikes

They will set rs 3000000 insurance target in a year. If you don't achieve the target they will force you to leave the job and they will stop your salary till you don't resign from job. The company has a provision to pay the travel allowance if one travels 75 km or more one side, but the area manager won't approve your travel allowance unless you achieve your target in that month, still he will ask you to do 6-7 such trips in a month. On the other days they will ask you to travel 80-90 km in total for which there is no allowance. You have to bear the petrol from your salary. On Sundays also the manager will ask to promote the products.

read more
  • Salary - Bad
    • +6 more

Business Sales Manager in Hyderabad / Secunderabad

Full Time

 · 

Other Department

4.0
  •  posted on 06 Aug 2023
3.0
 for  Salary and Benefits

Likes

Good company

  • Company culture - Excellent
    • +1 more

Dislikes

Immediate boss are not good.... Always threading to hold salary , not regulise attandance. Even when I resigned I didn't get full salar...branch manager and.regional manager didn't approve my attandance.

read more
  • Skill development - Poor
    • +1 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.

read more
  • Job security - Poor
see more salary related reviews

Bajaj Allianz Life Insurance interview questions by designations

Senior Relationship Manager (27)Relationship Manager (21)Business Sales Manager (15)Executive Relationship Manager (15)
View all 312 interview experiences

Know more about Bajaj Allianz Life Insurance Hyderabad / Secunderabad

More about working at Bajaj Allianz Life Insurance

Bajaj Allianz Life Insurance Salary FAQs

How much does Bajaj Allianz Life Insurance pay to its employees?
The average annual salary at Bajaj Allianz Life Insurance varies depending on the role, experience, and location. The salary ranges for some popular designations at Bajaj Allianz Life Insurance, are as follows:

Relationship Manager ₹1.8 Lakhs to ₹4.5 Lakhs per year
Business Sales Manager ₹3 Lakhs to ₹5.6 Lakhs per year
Executive Relationship Manager ₹3 Lakhs to ₹4 Lakhs per year
Senior Business Sales Manager ₹3.4 Lakhs to ₹5.5 Lakhs per year

The highest-paying role, Senior Vice President, earns between ₹45 Lakhs to ₹1 Crore per year. The top 10% of employees earn more than ₹14.4 Lakhs per year, and the top 1% earn over ₹37.6 Lakhs per year. 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 salary estimates are based on data from 484 salaries submitted by Bajaj Allianz Life Insurance employees. Bajaj Allianz Life Insurance is rated 3.9 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at Bajaj Allianz Life Insurance in Hyderabad / Secunderabad?
The salary of a fresher at Bajaj Allianz Life Insurance in Hyderabad / Secunderabad typically ranges from ₹1.2 Lakh to ₹14 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Senior Relationship Manager Salary ₹2.3 Lakhs to ₹4 Lakhs per year
Fresher as a Relationship Manager Salary ₹1.8 Lakhs to ₹4 Lakhs per year
Fresher as a Retail Partner Salary ₹1 Lakhs to ₹5 Lakhs per year
Fresher as a Executive Relationship Manager Salary ₹3 Lakhs to ₹3.8 Lakhs per year

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Average annual salary in Bajaj Allianz Life Insurance , Hyderabad / Secunderabad is INRunlock blur . Salary estimates are based on 400+ Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.

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