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Bajaj Allianz Life Insurance S.R.M salaries in India (Updated 2025)

Annual salary range
0 - 7 years exp.
₹2.6 Lakhs - ₹3.8 Lakhs
Salary of majority employees
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23% less than the average S.R.M Salary in Insurance Companies for 0 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading
S.R.M Salary
1 - 6 years exp. (10 salaries)
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₹2.7 L/yr - ₹3.4 L/yr

Sales & Business Development
S.R.M Salary
0 - 4 years exp. (AmbitionBox Estimate)
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₹2.6 L/yr - ₹3.1 L/yr

Consulting
S.R.M Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹3.4 L/yr - ₹3.6 L/yr

Last Updated: 15 Jan 2025

Companies similar to Bajaj Allianz Life Insurance for S.R.M

Company name Avg Annual Salary Open Jobs
Logo
Max Life Insurance S.R.M Salary

7 years exp. (3 salaries)

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₹4.5 L/yr - ₹5.5 L/yr

arrow icon 61% more
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Reliance Nippon Life Insurance S.R.M Salary

1 - 6 years exp. (9 salaries)

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₹2.6 L/yr - ₹3 L/yr

arrow icon 11% less
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Tata AIA Life Insurance S.R.M Salary

0 - 6 years exp. (3 salaries)

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₹4.1 L/yr - ₹5.2 L/yr

arrow icon 38% more
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PNB MetLife S.R.M Salary

3 - 12 years exp. (29 salaries)

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₹3.5 L/yr - ₹5.5 L/yr

arrow icon 47% more
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Star Health & Allied Insurance S.R.M Salary

1 - 5 years exp. (5 salaries)

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₹2.8 L/yr - ₹3.8 L/yr

arrow icon 1% more
Logo
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₹4.4 L/yr - ₹6.5 L/yr

arrow icon 74% more
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₹5.9 L/yr - ₹6.5 L/yr

arrow icon 103% more
Logo
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₹3.4 L/yr - ₹4.3 L/yr

arrow icon 21% more

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S.R.M salary at Bajaj Allianz Life Insurance ranges between ₹2.6 Lakhs to ₹3.8 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 21 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Latest annual salaries shared by Bajaj Allianz Life Insurance S.R.M

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Experience wise Bajaj Allianz Life Insurance S.R.M salaries

Last Updated: 15 Jan 2025

Experience Avg Annual Salary
Fresher  (3 salaries)

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₹2.5 L/yr - ₹5.5 L/yr
1 year  (3 salaries)

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₹1.2 L/yr - ₹3.6 L/yr
2 years  (4 salaries)

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

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₹1.2 L/yr - ₹3.8 L/yr
4 years  (3 salaries)

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₹2.7 L/yr - ₹5.6 L/yr
View all

Salary related reviews for Bajaj Allianz Life Insurance

3.7

Rated by 8 employees for salary & benefits

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.

read more
  • Salary - Excellent
  • +6 more

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.

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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.

read more
  • Salary - Excellent
  • +3 more

Dislikes

Nothing as of now.

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 27 Dec 2024

4.0
 for  Salary and Benefits

Likes

...ect channel there is no work life balance, no job security. Worst work culture. Only salary good

read more
  • Salary - Good

Dislikes

Specially Direct channel worst job culture. All seniors are rude, Cluster manager, RH all are too much bad. I suggest not to join is direct Channel in BALIC.

read more
  • Skill development - Bad
  • +5 more

Full Time

 · 

IT & Information Security Department

1.0
  •  posted on 05 Oct 2024

1.0
 for  Salary and Benefits

Likes

No any reason 👎

Dislikes

...gnity and respect, and it's our responsibility to speak out against such abuses." My working period is normal, Bu my year promotion is stuck, after revoke not increase my salary, after 3 months he was suggested per month salary increas next coming mong. by include people, mis-ber. ve with engineer, if you selected b, Hari. Naveen,, denied from job on immediately I think my 3 year lost in precision tech serve. Thank app for taking feedback on worker end, Thank to all, best wishes you for luck.

read more
  • Salary - Bad
  • +6 more
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Bajaj Allianz Life Insurance S.R.M Salary FAQs

What is the salary of S.R.M at Bajaj Allianz Life Insurance?
S.R.M salary at Bajaj Allianz Life Insurance in India ranges between ₹2.6 Lakhs to ₹3.8 Lakhs for less than 1 year of experience to 7 years. According to our estimates it is 23% less than the average S.R.M Salary in India. Salary estimates are based on 21 latest salaries received from various employees of Bajaj Allianz Life Insurance India.
How does the salary of a S.R.M at Bajaj Allianz Life Insurance India compare with the average salary range for this job?
The average salary of a S.R.M at Bajaj Allianz Life Insurance is 23% less than the average salary of a S.R.M in India. To know exact salary insights, login to view.
Which similar companies are paying more than Bajaj Allianz Life Insurance to a S.R.M in India?
  • ICICI Lombard General Insurance Company S.R.M Salary - ₹5.9 Lakhs to ₹6.5 Lakhs per year
  • Niva Bupa Health Insurance Company S.R.M Salary - ₹4.4 Lakhs to ₹6.5 Lakhs per year
  • Max Life Insurance S.R.M Salary - ₹4.5 Lakhs to ₹5.5 Lakhs per year
  • PNB MetLife S.R.M Salary - ₹3.5 Lakhs to ₹5.5 Lakhs per year
  • Tata AIA Life Insurance S.R.M Salary - ₹4.1 Lakhs to ₹5.2 Lakhs per year
What is the salary of a S.R.M in companies similar to Bajaj Allianz Life Insurance in India?
  • Aditya Birla Health Insurance Co S.R.M Salary - ₹3.4 Lakhs to ₹4.3 Lakhs per year
  • Star Health & Allied Insurance S.R.M Salary - ₹2.8 Lakhs to ₹3.8 Lakhs per year
  • Reliance Nippon Life Insurance S.R.M Salary - ₹2.6 Lakhs to ₹3.0 Lakhs per year
What is the estimated take home salary of a S.R.M at Bajaj Allianz Life Insurance in India?
The estimated take-home salary of a S.R.M at Bajaj Allianz Life Insurance ranges between ₹22,351 per month to ₹23,829 per month in India. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance S.R.M salary in India which ranges between ₹2.6 Lakhs to ₹3.8 Lakhs per year for employees with less than 1 year of experience to 7 years. Check how did we calculate take home salary?
What is the notice period for S.R.M at Bajaj Allianz Life Insurance?
According to AmbitionBox, 83% of the Bajaj Allianz Life Insurance S.R.Ms reported a notice period of 1 Month, 17% reported a notice period of 15 days or less.This is based on 23 responses on AmbitionBox in last 2 years.

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Bajaj Allianz Life Insurance S.R.M salary in India ranges between ₹2.6 Lakhs to ₹3.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 21 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.