Bajaj Allianz Life Insurance Location Head Salaries by 4 Employees (Updated 2025)

6 - 23 years exp.

₹3.8 Lakhs - ₹17 Lakhs

Low Confidence

Salary of majority employees

22% more than the average Location Head Salary in Insurance Companies for 6 - 23 years of experience

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Salaries in different departments

Sales & Business Development Location Head Salary 18 - 23 years exp. (AmbitionBox Estimate)	₹16.2 L/yr - ₹17 L/yr
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Marketing & Communication Location Head Salary 6 years exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.1 L/yr

Last Updated: 25 Jan 2025

Companies similar to Bajaj Allianz Life Insurance for Location Head

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindara Life Insurance Location Head Salary 15 - 23 years exp. (7 salaries)	₹9.5 L/yr - ₹13.2 L/yr 7% less
Shriram Life Insurance Location Head Salary 6 - 15 years exp. (6 salaries)	₹5 L/yr - ₹6.7 L/yr 54% less
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ICICI Lombard General Insurance Company Location Head Salary 9 - 13 years exp. (5 salaries)	₹6 L/yr - ₹12 L/yr 24% less
HDFC Ergo General Insurance Location Head Salary 8 - 17 years exp. (5 salaries)	₹6 L/yr - ₹9 L/yr 40% less
Tata AIG Location Head Salary 11 - 17 years exp. (4 salaries)	₹8.5 L/yr - ₹12.3 L/yr 5% less
Bajaj Allianz General Insurance Location Head Salary 3 - 20 years exp. (4 salaries)	₹3.6 L/yr - ₹16 L/yr 25% less
HDFC Life Location Head Salary 10 - 14 years exp. (4 salaries)	₹8.3 L/yr - ₹10.5 L/yr 26% less

Location Head salary at Bajaj Allianz Life Insurance ranges between ₹3.8 Lakhs to ₹17 Lakhs per year for employees with experience between 6 years to 23 years. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Experience wise Bajaj Allianz Life Insurance Location Head salaries

Last Updated: 25 Jan 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
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15+ years (3 salaries)	₹13.7 L/yr - ₹17 L/yr

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Salary related reviews for Bajaj Allianz Life Insurance

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

Senior Business Development Manager in Soro

Full Time

Sales & Business Development Department

5.0

• posted on 13 Sep 2022

4.0

for Salary and Benefits

Likes

Best product Friendly atmosphere Career growth Highest solvency retio Best claim settlement Best Hr service Etc....

Salary - Good

+6 more

Dislikes

One thing is internal career and salary growth is little bit slow.. If we have potential to prove ourselves in changing our label in our own company. Then stay with us.... Otherwise Employees are trying for other companies only for career and financial growth.

see more salary related reviews

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Bajaj Allianz Life Insurance Location Head Salary FAQs

What is the salary of Location Head at Bajaj Allianz Life Insurance ?

The average salary of a Location Head at Bajaj Allianz Life Insurance in India typically ranges from ₹3.8 Lakhs to ₹17.0 Lakhs per year, depending on experience (from 6 years to 23 years).

The top 10% of Location Head at Bajaj Allianz Life Insurance earn more than ₹17.0 Lakhs per year, and the top 1% earn over ₹17.0 Lakhs per year. Location Head 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 Location Head at Bajaj Allianz Life Insurance in India?

The estimated take-home salary of a Location Head at Bajaj Allianz Life Insurance in India typically ranges from ₹89,644 to ₹91,999 per month. This is based on the average salary range of ₹3.8 Lakhs to ₹17.0 Lakhs per year for employees with experience ranging from 6 years to 23 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.

What is the salary of a Location Head in companies similar to Bajaj Allianz Life Insurance in India?

The salary of a Location Head 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:

Tata AIG	₹8.5 Lakhs to ₹12.3 Lakhs per year
Kotak Mahindara Life Insurance	₹9.5 Lakhs to ₹13.2 Lakhs per year
ICICI Lombard General Insurance Company	₹6.0 Lakhs to ₹12.0 Lakhs per year
Bajaj Allianz General Insurance	₹3.6 Lakhs to ₹16.0 Lakhs per year
HDFC Life	₹8.3 Lakhs to ₹10.5 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 Location Head at Bajaj Allianz Life Insurance in India?

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

Experience	Average Salary Range
6 years	₹3.4 Lakhs to ₹4.3 Lakhs per year
15 years	₹13.7 Lakhs to ₹17.0 Lakhs per year

and so on.

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Bajaj Allianz Life Insurance Location Head Salaries by Location

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Bajaj Allianz Life Insurance Location Head Salaries

Bajaj Allianz Life Insurance Location Head salary in India ranges between ₹3.8 Lakhs to ₹17 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.