Bajaj Allianz Life Insurance Insurance Sales Manager Salaries by 9 Employees

3 - 10 years exp.

₹1.8 Lakh - ₹5.1 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

5% more than the average Insurance Sales Manager Salary in Insurance Companies for 3 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Insurance Sales Manager Salary 5 - 7 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹5.1 L/yr
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Sales & Business Development Insurance Sales Manager Salary 10 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹4.2 L/yr

Last Updated: 12 Sep 2023

Companies similar to Bajaj Allianz Life Insurance for Insurance Sales Manager

Company name	Avg Annual Salary	Open Jobs
Tata AIA Life Insurance Insurance Sales Manager Salary 1 - 8 years exp. (27 salaries)	₹3.5 L/yr - ₹6.4 L/yr 40% more
HDFC Life Insurance Sales Manager Salary 1 - 12 years exp. (26 salaries)	₹1.5 L/yr - ₹5.8 L/yr 15% less
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ICICI Prudential Life Insurance Insurance Sales Manager Salary 1 - 5 years exp. (12 salaries)	₹2.5 L/yr - ₹3.5 L/yr 21% less
Axis Max Life Insurance Insurance Sales Manager Salary 2 - 6 years exp. (10 salaries)	₹2.6 L/yr - ₹4 L/yr 17% less
Reliance Nippon Life Insurance Insurance Sales Manager Salary 1 - 7 years exp. (7 salaries)	₹2.2 L/yr - ₹3 L/yr 33% less
Kotak Mahindara Life Insurance Insurance Sales Manager Salary 0 - 7 years exp. (7 salaries)	₹2.2 L/yr - ₹5 L/yr 2% more
Aditya Birla Sun Life Insurance Insurance Sales Manager Salary 1 - 5 years exp. (6 salaries)	₹2.1 L/yr - ₹3.5 L/yr 27% less
Tata AIG Insurance Sales Manager Salary 2 - 10 years exp. (5 salaries)	₹1.8 L/yr - ₹4.8 L/yr 14% less
Aditya Birla Health Insurance Co Insurance Sales Manager Salary 1 - 6 years exp. (5 salaries)	₹2 L/yr - ₹4.3 L/yr 15% less
SBI Life Insurance Company Insurance Sales Manager Salary 3 - 5 years exp. (5 salaries)	₹2.3 L/yr - ₹3.5 L/yr 16% less
Star Health & Allied Insurance Insurance Sales Manager Salary 2 - 8 years exp. (5 salaries)	₹1.7 L/yr - ₹3 L/yr 37% less
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ICICI Lombard General Insurance Company Insurance Sales Manager Salary 6 - 8 years exp. (4 salaries)	₹3.1 L/yr - ₹7.4 L/yr 24% more
Bajaj Allianz General Insurance Insurance Sales Manager Salary 2 - 7 years exp. (4 salaries)	₹3 L/yr - ₹4 L/yr 9% less
HDFC Ergo General Insurance Insurance Sales Manager Salary 4 - 6 years exp. (4 salaries)	₹2.7 L/yr - ₹4.6 L/yr 5% less
Shriram Life Insurance Insurance Sales Manager Salary 3 - 10 years exp. (3 salaries)	₹2.2 L/yr - ₹2.8 L/yr 36% less
The Oriental Insurance Co. Insurance Sales Manager Salary 2 - 10 years exp. (3 salaries)	₹3 L/yr - ₹4.4 L/yr 8% less
Niva Bupa Health Insurance Company Insurance Sales Manager Salary 5 - 10 years exp. (3 salaries)	₹3.5 L/yr - ₹5 L/yr 11% more

Insurance Sales Manager salary at Bajaj Allianz Life Insurance ranges between ₹1.8 Lakh to ₹5.1 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 9 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Experience wise Bajaj Allianz Life Insurance Insurance Sales Manager salaries

Last Updated: 12 Sep 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
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5 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
6 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
8 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
9 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
10 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr

View all

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Top skills at Bajaj Allianz Life Insurance for Insurance Sales Manager

Insurance Sales Sales Executive Activities B2B Sales Life Insurance bdm Direct Sales Sales Agency Sales Field Marketing Marketing agency development direct marketing Agency Channel Selling

Salary related reviews for Bajaj Allianz Life Insurance

3.8

Rated by 4 employees for salary & benefits

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

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.

Cluster Manager in Kolkata

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.

Salary - Excellent

+3 more

Dislikes

Nothing as of now.

Executive Relationship Manager in Srinagar

Full Time

Sales & Business Development Department

1.0

• posted on 07 Sep 2024

4.0

for Salary and Benefits

Likes

Salary credited on time every month

Salary - Good

+1 more

Dislikes

In December i got gallbladder remove surgery and I got post surgery health issues i am not able to travel 50 kms/ day from branch to my residence and vice versa i had faced a lot of problems But my reporting manager namely ARSHAD WANI AND ASM Mr. ASHIQ don't coperate with me and send me abasccond mail and termination letter from hr total injustice Ganderbal Jammu and Kashmir Destroyed my career

Skill development - Bad

+4 more

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

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Salary Discussions, Hike & Promotions

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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Bajaj Allianz Life Insurance Insurance Sales Manager Salary FAQs

What is the salary of Insurance Sales Manager at Bajaj Allianz Life Insurance ?

The average salary of a Insurance Sales Manager at Bajaj Allianz Life Insurance in India typically ranges from ₹1.8 Lakhs to ₹5.1 Lakhs per year, depending on experience (from 3 years to 10 years).

The top 10% of Insurance Sales Manager at Bajaj Allianz Life Insurance earn more than ₹5.1 Lakhs per year, and the top 1% earn over ₹5.1 Lakhs per year. Insurance Sales Manager 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 Insurance Sales Manager at Bajaj Allianz Life Insurance in India?

The estimated take-home salary of a Insurance Sales Manager at Bajaj Allianz Life Insurance in India typically ranges from ₹27,514 to ₹28,915 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹5.1 Lakhs per year for employees with experience ranging from 3 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 9 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 Insurance Sales Manager at Bajaj Allianz Life Insurance ?

To be a Insurance Sales Manager at Bajaj Allianz Life Insurance in india, the key skills required include:

- Insurance Sales
- Sales Executive Activities
- B2B Sales
- Life Insurance
- bdm

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 Insurance Sales Manager in India?

Tata AIA Life Insurance	₹3.5 Lakhs to ₹6.4 Lakhs per year
ICICI Lombard General Insurance Company	₹3.1 Lakhs to ₹7.4 Lakhs per year
Niva Bupa Health Insurance Company	₹3.5 Lakhs to ₹5.0 Lakhs per year
Kotak Mahindara Life Insurance	₹2.2 Lakhs to ₹5.0 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 Insurance Sales Manager in companies similar to Bajaj Allianz Life Insurance in India?

The salary of a Insurance Sales Manager 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 Ergo General Insurance	₹2.7 Lakhs to ₹4.6 Lakhs per year
The Oriental Insurance Co.	₹3.0 Lakhs to ₹4.4 Lakhs per year
Bajaj Allianz General Insurance	₹3.0 Lakhs to ₹4.0 Lakhs per year
Tata AIG	₹1.8 Lakhs to ₹4.8 Lakhs per year
HDFC Life	₹1.5 Lakhs to ₹5.8 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 Insurance Sales Manager at Bajaj Allianz Life Insurance in India?

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

Experience	Average Salary Range
3 years	₹2.8 Lakhs to ₹3.6 Lakhs per year
4 years	₹3.0 Lakhs to ₹3.8 Lakhs per year
5 years	₹3.1 Lakhs to ₹4.0 Lakhs per year
6 years	₹3.3 Lakhs to ₹4.2 Lakhs per year

and so on.

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Bajaj Allianz Life Insurance Insurance Sales Manager salary in India ranges between ₹1.8 Lakh to ₹5.1 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.