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Bajaj Allianz Life Insurance Rm Executive salaries in India

Annual salary range
0 - 4 years exp.
₹2.5 Lakhs - ₹3.6 Lakhs
Salary of majority employees
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14% less than the average Rm Executive Salary in Insurance Companies for 0 - 4 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Rm Executive Salary
1 - 4 years exp. (4 salaries)
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₹2.8 L/yr - ₹3 L/yr

Finance & Accounting
Rm Executive Salary
4 years exp. (AmbitionBox Estimate)
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₹2.6 L/yr - ₹2.8 L/yr

Last Updated: 20 Dec 2024

Companies similar to Bajaj Allianz Life Insurance for Rm Executive

Company name Avg Annual Salary Open Jobs
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₹3.1 L/yr - ₹3.8 L/yr

arrow icon 17% more
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Axis Max Life Insurance Rm Executive Salary

1 - 4 years exp. (5 salaries)

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₹2.9 L/yr - ₹6.2 L/yr

arrow icon 72% more
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Tata AIA Life Insurance Rm Executive Salary

0 - 4 years exp. (5 salaries)

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₹3 L/yr - ₹4.2 L/yr

arrow icon 27% more
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₹4 L/yr - ₹5 L/yr

arrow icon 54% more
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₹2.1 L/yr - ₹5 L/yr

arrow icon 7% more
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₹3.2 L/yr - ₹3.5 L/yr

arrow icon 15% more
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HDFC Life Rm Executive Salary

1 - 5 years exp. (4 salaries)

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₹3.5 L/yr - ₹4 L/yr

arrow icon 28% more
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₹2.2 L/yr - ₹2.8 L/yr

arrow icon 16% less
Rm Executive salary at Bajaj Allianz Life Insurance ranges between ₹2.5 Lakhs to ₹3.6 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 14 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Latest annual salaries shared by Bajaj Allianz Life Insurance Rm Executive

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4 years exp.
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Experience wise Bajaj Allianz Life Insurance Rm Executive salaries

Last Updated: 20 Dec 2024

Experience Avg Annual Salary
Fresher  (3 salaries)

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₹2.5 L/yr - ₹4.9 L/yr
1 year  (4 salaries)

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₹2.6 L/yr - ₹3 L/yr
2 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3 L/yr
3 years (AmbitionBox Estimate)

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₹1.2 L/yr - ₹3.4 L/yr
4 years  (3 salaries)

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₹2.6 L/yr - ₹3.6 L/yr

Similar Designation salaries in Bajaj Allianz Life Insurance

Sales Executive Salary
(51 salaries)
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₹1.1 L/yr - ₹4.5 L/yr
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₹1.4 L/yr - ₹3 L/yr
Accountant Salary
(AmbitionBox Estimate)
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₹4.9 L/yr - ₹6.2 L/yr
Team Lead Salary
(46 salaries)
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₹1.8 L/yr - ₹7.25 L/yr
Analyst Salary
(5 salaries)
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₹3 L/yr - ₹7.5 L/yr
Sales Officer Salary
(23 salaries)
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₹2 L/yr - ₹5.5 L/yr
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₹2.3 L/yr - ₹3.75 L/yr
Sales Manager Salary
(209 salaries)
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₹1.9 L/yr - ₹7 L/yr
Branch Manager Salary
(127 salaries)
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₹4.5 L/yr - ₹12.13 L/yr
Deputy Manager Salary
(338 salaries)
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₹4.5 L/yr - ₹16.5 L/yr

Salary related reviews for Bajaj Allianz Life Insurance

4.6

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.

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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

Other Department

5.0
  •  posted on 05 May 2022

5.0
 for  Salary and Benefits

Likes

... period. Seniors are very supportive and give proper guidance at any situations. Salary on time.

read more
  • Salary - Excellent
  • +6 more

Dislikes

There is no dislike for me about this company

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.

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Other Department

1.0
  •  posted on 05 Apr 2021

1.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

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Dislikes

There is a lot of politics and the management doesn’t address our issues. 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
  • Salary - Bad
  • +6 more
see more salary related reviews

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Bajaj Allianz Life Insurance Rm Executive Salary FAQs

What is the salary of Rm Executive at Bajaj Allianz Life Insurance ?
The average salary of a Rm Executive at Bajaj Allianz Life Insurance in India typically ranges from ₹2.5 Lakhs to ₹3.6 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Rm Executive at Bajaj Allianz Life Insurance earn more than ₹3.4 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Rm Executive 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 Rm Executive at Bajaj Allianz Life Insurance in India?
The estimated take-home salary of a Rm Executive at Bajaj Allianz Life Insurance in India typically ranges from ₹20,429 to ₹22,086 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from Fresher to 4 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.
Which companies offer higher salaries than Bajaj Allianz Life Insurance for Rm Executive in India?
Axis Max Life Insurance ₹2.9 Lakhs to ₹6.2 Lakhs per year
ICICI Prudential Life Insurance ₹4.0 Lakhs to ₹5.0 Lakhs per year
HDFC Life ₹3.5 Lakhs to ₹4.0 Lakhs per year
Tata AIA Life Insurance ₹3.0 Lakhs to ₹4.2 Lakhs per year
Niva Bupa Health Insurance Company ₹3.1 Lakhs to ₹3.8 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 Rm Executive in companies similar to Bajaj Allianz Life Insurance in India?
The salary of a Rm Executive 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:

Bajaj Allianz General Insurance ₹3.2 Lakhs to ₹3.5 Lakhs per year
ICICI Lombard General Insurance Company ₹2.1 Lakhs to ₹5.0 Lakhs per year
Star Health & Allied Insurance ₹2.2 Lakhs to ₹2.8 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 Rm Executive at Bajaj Allianz Life Insurance in India?
The salary growth for a Rm Executive at Bajaj Allianz Life Insurance depends on factors such as experience, performance, and promotions. On average, a Rm Executive can expect the following growth trajectory at Bajaj Allianz Life Insurance:

Experience Average Salary Range
Fresher ₹2.5 Lakhs to ₹4.9 Lakhs per year
1 year ₹2.6 Lakhs to ₹3.0 Lakhs per year
2 years ₹2.5 Lakhs to ₹3.0 Lakhs per year
3 years ₹1.2 Lakhs to ₹3.4 Lakhs per year
and so on.

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Bajaj Allianz Life Insurance Rm Executive salary in India ranges between ₹2.5 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 14 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.