Bajaj Allianz Life Insurance Process Associate Salaries by 5 Employees (Updated 2025)

4 - 9 years exp.

₹1.2 Lakh - ₹3.2 Lakhs

Low Confidence

Salary of majority employees

35% less than the average Process Associate Salary in Insurance Companies for 4 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Process Associate Salary 5 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
Customer Success, Service & Operations Process Associate Salary 4 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr
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Administration & Facilities Process Associate Salary 7 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 13 Dec 2024

Companies similar to Bajaj Allianz Life Insurance for Process Associate

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Process Associate Salary 0 - 6 years exp. (10 salaries)	₹2.5 L/yr - ₹6 L/yr 81% more
HDFC Life Process Associate Salary 0 - 4 years exp. (26 salaries)	₹1.5 L/yr - ₹3.1 L/yr 7% more
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SBI Life Insurance Company Process Associate Salary 1 - 5 years exp. (12 salaries)	₹1.2 L/yr - ₹3.5 L/yr 22% more
Max Life Insurance Process Associate Salary 1 - 6 years exp. (13 salaries)	₹2 L/yr - ₹3.3 L/yr 29% more
Kotak Mahindara Life Insurance Process Associate Salary 2 - 5 years exp. (4 salaries)	₹1.8 L/yr - ₹4 L/yr 12% more
Aditya Birla Sun Life Insurance Process Associate Salary 1 - 4 years exp. (5 salaries)	₹2.6 L/yr - ₹4.7 L/yr 75% more
First American Corporation Process Associate Salary 0 - 5 years exp. (1.7k salaries)	₹1 L/yr - ₹5 L/yr 29% more	4 job openings
Gallagher Process Associate Salary 0 - 4 years exp. (1.3k salaries)	₹1.1 L/yr - ₹6 L/yr 45% more	1 job opening
Allianz Partners Process Associate Salary 0 - 6 years exp. (59 salaries)	₹3.2 L/yr - ₹6.4 L/yr 136% more
Allstate Process Associate Salary 0 - 4 years exp. (51 salaries)	₹2.4 L/yr - ₹4.6 L/yr 60% more
Principal Global Services Process Associate Salary 1 - 8 years exp. (23 salaries)	₹2.5 L/yr - ₹6 L/yr 115% more
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Shriram Life Insurance Process Associate Salary 0 - 5 years exp. (10 salaries)	₹1.5 L/yr - ₹2.5 L/yr 1% less
Tata AIG Process Associate Salary 0 - 3 years exp. (10 salaries)	₹1.4 L/yr - ₹3 L/yr 3% more
ICICI Lombard General Insurance Company Process Associate Salary 0 - 6 years exp. (9 salaries)	₹2.2 L/yr - ₹3 L/yr 22% more
HDFC Ergo General Insurance Process Associate Salary 1 - 6 years exp. (7 salaries)	₹2.6 L/yr - ₹5 L/yr 55% more
Allianz Process Associate Salary 2 - 8 years exp. (6 salaries)	₹3.5 L/yr - ₹4.2 L/yr 88% more
AIG Process Associate Salary 1 - 4 years exp. (6 salaries)	₹3 L/yr - ₹4.5 L/yr 78% more
Bajaj Allianz General Insurance Process Associate Salary 1 - 5 years exp. (4 salaries)	₹2.3 L/yr - ₹4.2 L/yr 43% more
AXA Process Associate Salary 0 - 4 years exp. (4 salaries)	₹3 L/yr - ₹4.5 L/yr 74% more
Star Health & Allied Insurance Process Associate Salary 0 - 5 years exp. (3 salaries)	₹2.1 L/yr - ₹3.2 L/yr 33% more

Process Associate salary at Bajaj Allianz Life Insurance ranges between ₹1.2 Lakh to ₹3.2 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 5 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Experience wise Bajaj Allianz Life Insurance Process Associate salaries

Last Updated: 13 Dec 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹4.1 L/yr
5 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹3.2 L/yr
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6 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
7 years (AmbitionBox Estimate)	₹0.8 L/yr - ₹3 L/yr
8 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr
9 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.3 L/yr

View all

Similar Designation salaries in Bajaj Allianz Life Insurance

Senior Associate Salary

(9 salaries)

₹3 L/yr - ₹5.5 L/yr

Senior Process Associate Salary

(AmbitionBox Estimate)

₹4.8 L/yr - ₹6.1 L/yr

Account Assistant Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

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₹4.9 L/yr - ₹6.2 L/yr

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Analyst Salary

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Financial Analyst Salary

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Salary related reviews for Bajaj Allianz Life Insurance

5.0

Rated by 1 employees for salary & benefits

Financial Analyst in Delhi

Finance & Accounting Department

5.0

• posted on 19 Mar 2021

1.0

for Salary and Benefits

Likes

...d different processes. Managers are helping and can add value to your knowledge. Pay is good compare to the industry.

Skill development - Good

+3 more

Dislikes

Sometime higher authority/Senior post employee speak louder and that time employee are going to dimotivate.

Salary - Bad

Seles Executive in Pune

Full Time

Sales & Business Development Department

5.0

• posted on 31 Jan 2025

5.0

for Salary and Benefits

Likes

The salary and perks offered to employees are excellent, and the work ethics are truly commendable . You won't regret your decision to work here. There is no favoritism and the management is outstanding.

Salary - Excellent

+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.

Senior Executive in Mumbai

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.

Salary - Bad

+6 more

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.

see more salary related reviews

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Bajaj Allianz Life Insurance Process Associate Salary FAQs

What is the salary of Process Associate at Bajaj Allianz Life Insurance?

Process Associate salary at Bajaj Allianz Life Insurance in India ranges between ₹1.2 Lakhs to ₹3.2 Lakhs for experience between 4 years to 9 years. According to our estimates it is 35% less than the average Process Associate Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Bajaj Allianz Life Insurance India.

How does the salary of a Process Associate at Bajaj Allianz Life Insurance India compare with the average salary range for this job?

The average salary of a Process Associate at Bajaj Allianz Life Insurance is 35% less than the average salary of a Process Associate in India. To know exact salary insights, login to view.

Which similar companies are paying more than Bajaj Allianz Life Insurance to a Process Associate in India?

Allianz Partners Process Associate Salary - ₹3.2 Lakhs to ₹6.4 Lakhs per year
Principal Global Services Process Associate Salary - ₹2.5 Lakhs to ₹6.0 Lakhs per year
Allianz Process Associate Salary - ₹3.5 Lakhs to ₹4.2 Lakhs per year
ICICI Prudential Life Insurance Process Associate Salary - ₹2.5 Lakhs to ₹6.0 Lakhs per year
AIG Process Associate Salary - ₹3.0 Lakhs to ₹4.5 Lakhs per year

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

Aditya Birla Sun Life Insurance Process Associate Salary - ₹2.6 Lakhs to ₹4.7 Lakhs per year
AXA Process Associate Salary - ₹3.0 Lakhs to ₹4.5 Lakhs per year
Allstate Process Associate Salary - ₹2.4 Lakhs to ₹4.6 Lakhs per year
HDFC Ergo General Insurance Process Associate Salary - ₹2.6 Lakhs to ₹5.0 Lakhs per year
Gallagher Process Associate Salary - ₹1.1 Lakhs to ₹6.0 Lakhs per year

What is the estimated take home salary of a Process Associate at Bajaj Allianz Life Insurance in India?

The estimated take-home salary of a Process Associate at Bajaj Allianz Life Insurance ranges between ₹14,207 per month to ₹15,706 per month in India. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance Process Associate salary in India which ranges between ₹1.2 Lakhs to ₹3.2 Lakhs per year for employees with experience between 4 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Process Associate at Bajaj Allianz Life Insurance?

According to AmbitionBox, 60% of the Bajaj Allianz Life Insurance Process Associates reported a notice period of 1 Month, 40% reported a notice period of 15 days or less.This is based on 5 responses on AmbitionBox in last 2 years.

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Bajaj Allianz Life Insurance Process Associate Salaries

Bajaj Allianz Life Insurance Process Associate salary in India ranges between ₹1.2 Lakh to ₹3.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.