Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by Bajaj Allianz Life Insurance Team. If you also belong to the team, you can get access from here

Bajaj Allianz Life Insurance Verified Tick

Compare button icon Compare button icon Compare
filter salariesFilter salaries by
Designation
Experience
Mumbai
Department

Clear (1)

Bajaj Allianz Life Insurance Salaries in Mumbai (Updated 2025)

based on 1.4k latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Sales & Business Development Customer Success, Service & Operations Human Resources + 6 more
Designation Avg Annual Salary Open Jobs
1 - 15 years exp. · Mumbai (67 salaries)
unlock blur

₹5 L/yr - ₹16.5 L/yr

1 - 11 years exp. · Mumbai (64 salaries)
unlock blur

₹3.3 L/yr - ₹5.5 L/yr

0 - 7 years exp. · Mumbai (54 salaries)
unlock blur

₹1.8 L/yr - ₹4.5 L/yr

24 job openings
0 - 9 years exp. · Mumbai (52 salaries)
unlock blur

₹2.1 L/yr - ₹4 L/yr

8 job openings
Starting your career? Discover Bajaj Allianz Life Insurance fresher salaries in India
0 - 10 years exp. · Mumbai (40 salaries)
unlock blur

₹2.8 L/yr - ₹4.1 L/yr

16 job openings
2 - 10 years exp. · Mumbai (40 salaries)
unlock blur

₹3.7 L/yr - ₹5.5 L/yr

1 - 10 years exp. · Mumbai (29 salaries)
unlock blur

₹6.6 L/yr - ₹18.3 L/yr

8 - 17 years exp. · Mumbai (25 salaries)
unlock blur

₹7.6 L/yr - ₹13.5 L/yr

1 - 10 years exp. · Mumbai (19 salaries)
unlock blur

₹3.7 L/yr - ₹5.5 L/yr

2 job openings
0 - 8 years exp. · Mumbai (18 salaries)
unlock blur

₹2.4 L/yr - ₹5 L/yr

16 job openings
0 - 8 years exp. · Mumbai (18 salaries)
unlock blur

₹3 L/yr - ₹4.5 L/yr

7 job openings
7 - 21 years exp. · Mumbai (17 salaries)
unlock blur

₹18 L/yr - ₹37.8 L/yr

0 - 6 years exp. · Mumbai (16 salaries)
unlock blur

₹3.2 L/yr - ₹4 L/yr

12 - 19 years exp. · Mumbai (16 salaries)
unlock blur

₹10 L/yr - ₹16.8 L/yr

5 - 16 years exp. · Mumbai (15 salaries)
unlock blur

₹4.5 L/yr - ₹8 L/yr

2 job openings
10 - 21 years exp. · Mumbai (14 salaries)
unlock blur

₹22 L/yr - ₹44.6 L/yr

6 - 17 years exp. · Mumbai (13 salaries)
unlock blur

₹6.6 L/yr - ₹14 L/yr

15 - 21 years exp. · Mumbai (13 salaries)
unlock blur

₹17 L/yr - ₹26.5 L/yr

1 - 7 years exp. · Mumbai (13 salaries)
unlock blur

₹3.9 L/yr - ₹4.3 L/yr

2 - 7 years exp. · Mumbai (12 salaries)
unlock blur

₹2.4 L/yr - ₹5 L/yr

Last Updated: 22 Mar, 2025

Salary related reviews for Bajaj Allianz Life Insurance

3.8

Rated by 250 employees for salary & benefits

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

Full Time

 · 

Product Management Department

1.0
  •  posted on 24 Jan 2025

1.0
 for  Salary and Benefits

Likes

Nothing.

Dislikes

...w manager are treated the worst. Designation will not help you find another job. No increment or promotion unless you are from tier 1 college or your salary is above 30 lpa. Skill development is only provided for the person belonging to their community. Senior positions are occupied by Malyalam speaking community and hence increment and promotions are only for them. No outdoor trips as it's only applicable for senior positions. Junior employees don't stay more than 3 months in the company. Company culture is the worst across Bajaj companies. They treat employees in such a way that they should jump off their building and end their lives as they encourage their family members and friends in other companies to not hire their team members. Hence an employee is stuck for rest of their lives in the same place with the lowest salary.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Finance & Accounting Department

5.0
  •  posted on 28 Jun 2024

5.0
 for  Salary and Benefits

Likes

...eel that there's no any perfect working environment as compared to this company. This company offers the opportunity to work independently and creatively to get tasks done along with good pay and benefits.

read more
  • Salary - Excellent
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 30 Dec 2024

5.0
 for  Salary and Benefits

Likes

Salary and incentive and for only one guy is genuine Mr Tarun sir

  • Salary - Excellent

Dislikes

It is one of the most corrupt company for investors and policy holder.. don't work on on principal of almost good faith..One of worst hr barring few .

read more
  • Skill development - Bad
  • +5 more

International Business Department

3.0
  •  posted on 03 Dec 2020

2.0
 for  Salary and Benefits

Likes

Nothing..In bajaj you only see "top management gives you words and big big promises but nothing will happend" ,managers not support their juniors. They only expect more from u and if u doing gud u will be appreciated only for that day.on next day u have to start with zero. In covid situation se faced more problems mentally we faced so much pressure and we worked from 9 to 11pm some time.. thr is no proper timing.. according to managers if u are doing work from home u not need to take break ... * Work culture is also not gud. * Company policies is just a policies for name.. if company want u terminate today they will find the way .but honestly for branding .. company policies is gud.

read more

Dislikes

...gap , most of managers are just useless and they are just leech in Organization. Who only take salary from Organization and doing nothing and one day they just left when they full with thr stomach. But nothing will change just do your job and if u don't like than just leave for better opportunity.

read more
  • Salary - Poor
  • +5 more
see more salary related reviews

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:

Deputy Manager ₹5 Lakhs to ₹16.5 Lakhs per year
Business Sales Manager ₹3.3 Lakhs to ₹5.5 Lakhs per year
Relationship Manager ₹1.8 Lakhs to ₹4.5 Lakhs per year
Senior Relationship Manager ₹2.1 Lakhs to ₹4 Lakhs per year

The highest-paying role, Senior Vice President, earns between ₹70 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 ₹37.5 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 1.4k salaries submitted by Bajaj Allianz Life Insurance employees. Bajaj Allianz Life Insurance is rated 3.8 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 Mumbai?
The salary of a fresher at Bajaj Allianz Life Insurance in Mumbai 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 ₹2 Lakhs to ₹5 Lakhs per year
Fresher as a Executive Relationship Manager Salary ₹3 Lakhs to ₹3.8 Lakhs per year

Tell us how to improve this page.

Average annual salary in Bajaj Allianz Life Insurance , Mumbai is INRunlock blur . Salary estimates are based on 1300+ Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.

write
Rate your company