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4.0

based on 4.6k Reviews

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Mumbai
Sales & Business Development

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Bajaj Allianz Life Insurance Sales & Business Development Department Salaries in Mumbai

based on 219 latest salaries
Designation Avg Annual Salary Open Jobs

Business Sales Manager

1 - 11 years exp. · Mumbai (24 salaries)
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₹3.4 L/yr - ₹5.5 L/yr

Senior Relationship Manager

0 - 10 years exp. · Mumbai (13 salaries)
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₹2.1 L/yr - ₹3.5 L/yr

Senior Cluster Manager

7 - 16 years exp. · Mumbai (13 salaries)
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₹9.2 L/yr - ₹12 L/yr

Relationship Manager

0 - 5 years exp. · Mumbai (9 salaries)
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₹1.8 L/yr - ₹4 L/yr

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

Business Development Manager

0 - 12 years exp. · Mumbai (9 salaries)
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₹3.7 L/yr - ₹5.5 L/yr

1 job opening

Branch Manager

7 - 14 years exp. · Mumbai (6 salaries)
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₹6 L/yr - ₹10.8 L/yr

Senior Business Sales Manager

3 - 8 years exp. · Mumbai (6 salaries)
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₹4.3 L/yr - ₹4.8 L/yr

Regional Head

14 - 18 years exp. · Mumbai (5 salaries)
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₹20 L/yr - ₹28.6 L/yr

Executive Sales Manager

1 - 3 years exp. · Mumbai (5 salaries)
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₹3.5 L/yr - ₹3.6 L/yr

Territory Manager

5 - 15 years exp. · Mumbai (4 salaries)
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₹4.5 L/yr - ₹7.2 L/yr

Executive Relationship Manager

2 - 9 years exp. · Mumbai (4 salaries)
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₹3.5 L/yr - ₹4.1 L/yr

2 job openings

Deputy Manager

11 - 14 years exp. · Mumbai (4 salaries)
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₹5.6 L/yr - ₹14.4 L/yr

Senior Branch Manager

10 - 16 years exp. · Mumbai (4 salaries)
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₹9.9 L/yr - ₹14 L/yr

Branch Sales Manager

4 - 8 years exp. · Mumbai (4 salaries)
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₹3.7 L/yr - ₹4.4 L/yr

Senior Area Manager

11 - 17 years exp. · Mumbai (4 salaries)
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₹9 L/yr - ₹12.5 L/yr

Key Account Manager

4 - 6 years exp. · Mumbai (4 salaries)
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₹17 L/yr - ₹26.2 L/yr

Chief Branch Manager

15 - 19 years exp. · Mumbai (4 salaries)
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₹10 L/yr - ₹14.4 L/yr

Sales Manager

4 - 6 years exp. · Mumbai (3 salaries)
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₹3.3 L/yr - ₹4.1 L/yr

3 job openings

State Head

19 - 22 years exp. · Mumbai (3 salaries)
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₹15 L/yr - ₹21 L/yr

Senior Territory Manager

8 - 11 years exp. · Mumbai (3 salaries)
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₹8 L/yr - ₹8.1 L/yr

Last Updated: 17 Jan, 2025

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Salary Discussions, Hike & Promotions
1w (edited)
a senior quality lead
Offer letter - Accepted
Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?
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Salary related reviews for Bajaj Allianz Life Insurance

3.7

Rated by 35 employees for salary & benefits

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

read more
  • Skill development - Bad
    +4 more

Insurance Adviser in Kolkata

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 01 Apr 2024
1.0
 for  Salary and Benefits

Likes

"It has all types of working modes, including Remote and Hybrid."

  • Skill development - Good
    +3 more

Dislikes

After Joining the company They don't give proper salary to the employees till they can't sell any insurance to the customer after selling max 6-8 insurance policies then they will give the salary

read more
  • Salary - Bad
    +2 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.

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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

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.

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Relationship Manager in Jaipur

Sales & Business Development Department

5.0
  •  posted on 11 Apr 2022
4.0
 for  Salary and Benefits

Likes

Overall work culture of the organisation is good and the management of the organisation is employee friendly

  • Salary - Good
    +6 more

Dislikes

The only lacking point is that the organisation did not provide year on year salary hike until or unless someone did not achieve their yearly Targets.

read more
see more salary related reviews

Bajaj Allianz Life Insurance interview questions by designations

Senior Relationship Manager (26)Relationship Manager (17)Executive Relationship Manager (15)Business Sales Manager (15)
View all 296 interview experiences

Know more about Bajaj Allianz Life Insurance Mumbai

More about working at Bajaj Allianz Life Insurance

Bajaj Allianz Life Insurance Salary FAQs

How much does Bajaj Allianz Life Insurance pay per year?
The average Bajaj Allianz Life Insurance salary ranges from approximately ₹1 Lakh to ₹1.5 Lakh per year for a I S O and ₹70 Lakhs to ₹1 Crore per year for a Senior Vice President. Salary estimates are based on 219 Bajaj Allianz Life Insurance salaries received from various employees of Bajaj Allianz Life Insurance. Bajaj Allianz Life Insurance employees rate the overall salary and benefits package 3.7/5 stars.
What is the highest salary in Bajaj Allianz Life Insurance?
The highest-paying job at Bajaj Allianz Life Insurance is a Senior Vice President with a salary of ₹70 Lakhs to ₹1 Crore per year. The top 10% of employees earn more than ₹14 lakhs per year. The top 1% earn more than a whopping ₹36 lakhs per year.
What is the minimum salary in Bajaj Allianz Life Insurance?
Minimum salary at Bajaj Allianz Life Insurance depends on the role you are applying for. For Senior Relationship Manager the minimum salary is ₹2 Lakhs to ₹4 Lakhs per year, and for Relationship Manager the minimum salary is ₹1.6 Lakh to ₹5 Lakhs per year and so on.
What is the salary package for freshers in Bajaj Allianz Life Insurance?
The average salary at Bajaj Allianz Life Insurance for freshers varies from ₹1.2 Lakh to ₹3 Lakhs per year for Insurance Agent and ₹13 Lakhs to ₹14 Lakhs per year for Management Associate.
What is the notice period at Bajaj Allianz Life Insurance in Sales & Business Development Department in Mumbai?
According to AmbitionBox, 42% of the Bajaj Allianz Life Insurance employees in Sales & Business Development Department in Mumbai reported a notice period of 1 Month, 37% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 233 responses on AmbitionBox in last 2 years.

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Average annual salary in Sales & Business Development department at Bajaj Allianz Life Insurance , Mumbai is INRunlock blur . Salary estimates are based on 219 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.

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