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Bajaj Allianz Life Insurance Insurance Agent salaries in India

Annual salary range
0 - 1 year exp.
₹1.2 Lakh - ₹3 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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9% less than the average Insurance Agent Salary in Insurance Companies for 0 - 1 year of experience

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Salaries in different departments

Data Science & Analytics
Insurance Agent Salary
0 - 1 year exp. (AmbitionBox Estimate)
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₹1.2 L/yr - ₹2 L/yr

Finance & Accounting
Insurance Agent Salary
1 year exp. (AmbitionBox Estimate)
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₹2.3 L/yr - ₹3 L/yr

BFSI, Investments & Trading
Insurance Agent Salary
1 year exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹2.2 L/yr

Last Updated: 2 Aug 2023

Companies similar to Bajaj Allianz Life Insurance for Insurance Agent

Company name Avg Annual Salary Open Jobs
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HDFC Life Insurance Agent Salary

0 - 2 years exp. (5 salaries)

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₹1.3 L/yr - ₹3 L/yr

arrow icon 1% less
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₹0.6 L/yr - ₹5 L/yr

arrow icon 36% more
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₹1.2 L/yr - ₹6.5 L/yr

arrow icon 32% more
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₹2.4 L/yr - ₹4.5 L/yr

arrow icon 79% more
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₹0.6 L/yr - ₹5 L/yr

arrow icon 13% more
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PNB MetLife Insurance Agent Salary

0 - 1 year exp. (4 salaries)

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₹1 L/yr - ₹3.6 L/yr

arrow icon 6% more
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₹1.1 L/yr - ₹3 L/yr

arrow icon 1% less
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₹2 L/yr - ₹3 L/yr

arrow icon 2% more
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Tata AIG Insurance Agent Salary

0 - 6 years exp. (7 salaries)

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₹1 L/yr - ₹3 L/yr

arrow icon 4% less
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₹2.4 L/yr - ₹3.5 L/yr

arrow icon 32% more
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₹1 L/yr - ₹1.8 L/yr

arrow icon 32% less
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₹1.2 L/yr - ₹3.5 L/yr

arrow icon 36% more
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₹1.1 L/yr - ₹2.5 L/yr

arrow icon 4% less
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Shriram Life Insurance Insurance Agent Salary

2 - 12 years exp. (3 salaries)

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₹1 L/yr - ₹2.8 L/yr

arrow icon 8% less

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Insurance Agent salary at Bajaj Allianz Life Insurance ranges between ₹1.2 Lakh to ₹3 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 9 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Latest annual salaries shared by Bajaj Allianz Life Insurance Insurance Agent

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Experience wise Bajaj Allianz Life Insurance Insurance Agent salaries

Last Updated: 2 Aug 2023

Experience Avg Annual Salary
Fresher  (5 salaries)

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₹1.2 L/yr - ₹3 L/yr
1 year  (4 salaries)

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₹1.2 L/yr - ₹3 L/yr
Bajaj Allianz Life Insurance Insurance Agent Salary and Career Growth

From

To

Insurance Agent

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0 - 1 year exp.

Chief Branch Manager

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10 - 21 years exp.

Insurance Agent 0 - 1 year exp.
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Sales Manager 0 - 8 years exp.
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arrow icon 58% hike
Branch Manager 7 - 20 years exp.
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arrow icon 161% hike

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From

To

Insurance Agent

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0 - 1 year exp.

Sales Analyst

Salary unavailable

Similar Designation salaries in Bajaj Allianz Life Insurance

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₹2.4 L/yr - ₹3 L/yr
LIC Agent Salary
(3 salaries)
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₹2 L/yr - ₹4.8 L/yr
Agent Salary
(7 salaries)
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₹1.2 L/yr - ₹4.2 L/yr
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₹2.3 L/yr - ₹4 L/yr
Deputy Manager Salary
(326 salaries)
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₹4.5 L/yr - ₹16 L/yr
Sales Manager Salary
(205 salaries)
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₹1.55 L/yr - ₹7 L/yr
Supervisor Salary
(3 salaries)
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₹1.1 L/yr - ₹3.4 L/yr
Sales Executive Salary
(51 salaries)
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₹1.1 L/yr - ₹4.5 L/yr
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₹3 L/yr - ₹5.5 L/yr
Financial Advisor Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr

Salary related reviews for Bajaj Allianz Life Insurance

4.1

Rated by 8 employees for salary & benefits

Insurance sales Department

1.0
  •  posted on 26 Sep 2022

1.0
 for  Salary and Benefits

Likes

I don't like anything.

Dislikes

...u you to give irdai exam fee for IC.don't waste your time and money in this job.don't pay anything to them.

read more
  • Salary - Bad
  • +6 more

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.

read more

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.

read more
  • Salary - Bad
  • +6 more

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.

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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

read more
  • Salary - Bad
  • +6 more

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.

read more

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

see more salary related reviews

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Bajaj Allianz Life Insurance Insurance Agent Salary FAQs

What is the salary of Insurance Agent at Bajaj Allianz Life Insurance?
Insurance Agent salary at Bajaj Allianz Life Insurance in India ranges between ₹1.2 Lakhs to ₹3.0 Lakhs for less than 1 year of experience. According to our estimates it is 9% less than the average Insurance Agent Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Bajaj Allianz Life Insurance India.
How does the salary of a Insurance Agent at Bajaj Allianz Life Insurance India compare with the average salary range for this job?
The average salary of a Insurance Agent at Bajaj Allianz Life Insurance is 9% less than the average salary of a Insurance Agent in India. To know exact salary insights, login to view.
Which similar companies are paying more than Bajaj Allianz Life Insurance to a Insurance Agent in India?
  • Tata AIA Life Insurance Insurance Agent Salary - ₹2.4 Lakhs to ₹4.5 Lakhs per year
  • United India Insurance Company Insurance Agent Salary - ₹1.2 Lakhs to ₹3.5 Lakhs per year
  • Kotak Mahindara Life Insurance Insurance Agent Salary - ₹0.6 Lakhs to ₹5.0 Lakhs per year
  • The Oriental Insurance Co. Insurance Agent Salary - ₹2.4 Lakhs to ₹3.5 Lakhs per year
  • Reliance Nippon Life Insurance Insurance Agent Salary - ₹1.2 Lakhs to ₹6.5 Lakhs per year
What is the salary of a Insurance Agent in companies similar to Bajaj Allianz Life Insurance in India?
  • Life Insurance Corporation of India Insurance Agent Salary - ₹0.6 Lakhs to ₹5.0 Lakhs per year
  • PNB MetLife Insurance Agent Salary - ₹1.0 Lakhs to ₹3.6 Lakhs per year
  • The New India Assurance Co. Insurance Agent Salary - ₹2.0 Lakhs to ₹3.0 Lakhs per year
  • HDFC Life Insurance Agent Salary - ₹1.3 Lakhs to ₹3.0 Lakhs per year
  • Bajaj Allianz General Insurance Insurance Agent Salary - ₹1.1 Lakhs to ₹3.0 Lakhs per year
What is the estimated take home salary of a Insurance Agent at Bajaj Allianz Life Insurance in India?
The estimated take-home salary of a Insurance Agent at Bajaj Allianz Life Insurance ranges between ₹14,550 per month to ₹16,078 per month in India. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance Insurance Agent salary in India which ranges between ₹1.2 Lakhs to ₹3.0 Lakhs per year for employees with less than 1 year of experience. Check how did we calculate take home salary?
What is the notice period for Insurance Agent at Bajaj Allianz Life Insurance?
According to AmbitionBox, 56% of the Bajaj Allianz Life Insurance Insurance Agents reported a notice period of 15 days or less, 33% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 9 responses on AmbitionBox in last 2 years.

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Bajaj Allianz Life Insurance Insurance Agent salary in India ranges between ₹1.2 Lakh to ₹3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.