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Bajaj Allianz Life Insurance Relationship Associate salaries in India

Annual salary range
1 - 5 years exp.
₹2.3 Lakhs - ₹3.6 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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17% less than the average Relationship Associate Salary in Insurance Companies for 1 - 5 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Relationship Associate Salary
1 - 5 years exp. (5 salaries)
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₹2.3 L/yr - ₹3.6 L/yr

BFSI, Investments & Trading
Relationship Associate Salary
1 - 2 years exp. (3 salaries)
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₹2.7 L/yr - ₹3.5 L/yr

Sales & Business Development
Relationship Associate Salary
1 - 4 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.6 L/yr

Last Updated: 31 May 2024

Companies similar to Bajaj Allianz Life Insurance for Relationship Associate

Company name Avg Annual Salary Open Jobs
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₹1.6 L/yr - ₹4.7 L/yr

arrow icon 14% more
8 job openings
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₹2 L/yr - ₹3.3 L/yr

arrow icon 1% more
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Tata AIG Relationship Associate Salary

0 - 2 years exp. (4 salaries)

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₹1.6 L/yr - ₹2.4 L/yr

arrow icon 30% less
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HDFC Life Relationship Associate Salary

2 - 6 years exp. (4 salaries)

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₹2.2 L/yr - ₹5.5 L/yr

arrow icon 58% more
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₹2.5 L/yr - ₹4.5 L/yr

arrow icon 35% more
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₹3 L/yr - ₹4 L/yr

arrow icon 23% more
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₹3 L/yr - ₹4 L/yr

arrow icon 28% more
Relationship Associate salary at Bajaj Allianz Life Insurance ranges between ₹2.3 Lakhs to ₹3.6 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 12 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Latest annual salaries shared by Bajaj Allianz Life Insurance Relationship Associate

9mo ago
₹3.6 Lakhs
2 years exp.
1y ago
₹2.6 Lakhs
1 year exp.
1y ago
₹3 Lakhs
1 year exp.
1y ago
₹2.3 Lakhs
2 years exp.
1y ago
₹3.4 Lakhs
1 year exp.
1y ago
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2 years exp.
1y ago
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5 years exp.

Experience wise Bajaj Allianz Life Insurance Relationship Associate salaries

Last Updated: 31 May 2024

Experience Avg Annual Salary
1 year  (5 salaries)

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₹2.6 L/yr - ₹3.6 L/yr
2 years  (5 salaries)

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₹2.3 L/yr - ₹3.6 L/yr
3 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.2 L/yr
4 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹4.9 L/yr
5 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹4.8 L/yr

Similar Designation salaries in Bajaj Allianz Life Insurance

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₹2.6 L/yr - ₹4.5 L/yr
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₹1.55 L/yr - ₹5 L/yr
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₹1 L/yr - ₹3.48 L/yr
Branch Manager Salary
(126 salaries)
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₹4.5 L/yr - ₹12.85 L/yr
Sales Executive Salary
(51 salaries)
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₹1.1 L/yr - ₹4.5 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹12.2 L/yr - ₹15.5 L/yr
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₹4.9 L/yr - ₹9.1 L/yr
Team Lead Salary
(46 salaries)
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₹1.8 L/yr - ₹7.25 L/yr
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₹2.66 L/yr - ₹4 L/yr
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₹1 L/yr - ₹4 L/yr

Top skills at Bajaj Allianz Life Insurance for Relationship Associate

Insurance Sales

Salary related reviews for Bajaj Allianz Life Insurance

3.8

Rated by 4 employees for salary & benefits

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.

read more

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.

read more
  • Salary - Bad
  • +6 more

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.

read more

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

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.

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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.

read more
  • Skill development - Bad
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 25 Apr 2022

5.0
 for  Salary and Benefits

Likes

...mmates is transparent. There is a huge cafeteria and gaming arcade fir chilling. Cimpany policies are good apprasals are fair and they give good salary hike and bonus every year.

read more
  • Salary - Excellent
  • +6 more

Dislikes

There is a lot of politics and the management doesn't address our issue.salary is decent but career growth is slow.there is a bond of 2 years before which you cannot resign.on the job training is not given to new joinees.

read more
see more salary related reviews

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Bajaj Allianz Life Insurance Relationship Associate Salary FAQs

What is the salary of Relationship Associate at Bajaj Allianz Life Insurance ?
The average salary of a Relationship Associate at Bajaj Allianz Life Insurance in India typically ranges from ₹2.3 Lakhs to ₹3.6 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Relationship Associate at Bajaj Allianz Life Insurance earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Relationship Associate 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 10+ Bajaj Allianz Life Insurance employees in India.
What is the estimated take home salary of a Relationship Associate at Bajaj Allianz Life Insurance in India?
The estimated take-home salary of a Relationship Associate at Bajaj Allianz Life Insurance in India typically ranges from ₹19,611 to ₹21,280 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from 1 year to 5 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 10+ 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 Relationship Associate at Bajaj Allianz Life Insurance ?
Insurance Sales is a popular skill required to work as a Relationship Associate at Bajaj Allianz Life Insurance.
Which companies offer higher salaries than Bajaj Allianz Life Insurance for Relationship Associate in India?
HDFC Life ₹2.2 Lakhs to ₹5.5 Lakhs per year
ICICI Prudential Life Insurance ₹2.5 Lakhs to ₹4.5 Lakhs per year
HDFC Ergo General Insurance ₹3.0 Lakhs to ₹4.0 Lakhs per year
Aditya Birla Sun Life Insurance ₹3.0 Lakhs to ₹4.0 Lakhs per year
Axis Max Life Insurance ₹1.6 Lakhs to ₹4.7 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 Relationship Associate in companies similar to Bajaj Allianz Life Insurance in India?
The salary of a Relationship Associate 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:

Niva Bupa Health Insurance Company ₹2.0 Lakhs to ₹3.3 Lakhs per year
Tata AIG ₹1.6 Lakhs to ₹2.4 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 Relationship Associate at Bajaj Allianz Life Insurance in India?
The salary growth for a Relationship Associate at Bajaj Allianz Life Insurance depends on factors such as experience, performance, and promotions. On average, a Relationship Associate can expect the following growth trajectory at Bajaj Allianz Life Insurance:

Experience Average Salary Range
1 year ₹2.6 Lakhs to ₹3.6 Lakhs per year
2 years ₹2.3 Lakhs to ₹3.6 Lakhs per year
3 years ₹2.5 Lakhs to ₹3.2 Lakhs per year
4 years ₹2.7 Lakhs to ₹4.9 Lakhs per year
and so on.

Tell us how to improve this page.

Bajaj Allianz Life Insurance Relationship Associate salary in India ranges between ₹2.3 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 12 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.