Bajaj Allianz Life Insurance Sales & Business Development Manager Salaries by 5 Employees

3 - 10 years exp.

₹3.9 Lakhs - ₹5.1 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

63% less than the average Sales & Business Development Manager Salary in Insurance Companies for 3 - 10 years of experience

Interested in this particular role?

Last Updated: 14 Mar 2023

Companies similar to Bajaj Allianz Life Insurance for Sales & Business Development Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Sales & Business Development Manager Salary 1 - 15 years exp. (4 salaries)	₹4.3 L/yr - ₹20 L/yr 154% more
ICICI Prudential Life Insurance Sales & Business Development Manager Salary 0 - 6 years exp. (3 salaries)	₹3.1 L/yr - ₹5.8 L/yr 4% less
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SBI Life Insurance Company Sales & Business Development Manager Salary 1 - 6 years exp. (3 salaries)	₹2.3 L/yr - ₹5 L/yr 28% less
HDFC Life Sales & Business Development Manager Salary 4 - 5 years exp. (3 salaries)	₹2.4 L/yr - ₹3.8 L/yr 39% less
Kotak Mahindara Life Insurance Sales & Business Development Manager Salary 3 - 5 years exp. (3 salaries)	₹3.2 L/yr - ₹3.8 L/yr 27% less

Sales & Business Development Manager salary at Bajaj Allianz Life Insurance ranges between ₹3.9 Lakhs to ₹5.1 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Experience wise Bajaj Allianz Life Insurance Sales & Business Development Manager salaries

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹7.1 L/yr
4 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.2 L/yr
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5 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
6 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹7.9 L/yr
7 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
8 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.4 L/yr
9 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
10 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.1 L/yr

View all

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Top skills at Bajaj Allianz Life Insurance for Sales & Business Development Manager

Sales Management Team Handling Life Insurance Presentation Skills Team Development Business Development Business Development Management Relationship Management Sales BDM Portfolio Management Insurance Broking Communication Skills Agency Sales

Salary related reviews for Bajaj Allianz Life Insurance

5.0

Rated by 1 employees for salary & benefits

Executive Relationship Manager in Kohima

Full Time

Sales & Business Development Department

1.0

• posted on 17 Mar 2025

1.0

for Salary and Benefits

Likes

No comments

Dislikes

Not getting salary on time, bad Area manger, bad HR, Always getting negative reviews no matter how much efforts we are giving . No support from highers ups. Getting too much calls and VC even on holidays. Still didn't got experience letter.

Salary - Bad

+6 more

Senior Area Manager in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 04 Mar 2025

1.0

for Salary and Benefits

Likes

Nothing is there to like to this company...

Dislikes

Here there is no system for credit the salary and it's based on Manager's wish . If Manager wants to hold the salary, he can without any reason also... So Bajaj is not better choice for who works harldy with honesty....

Salary - Bad

+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.

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.

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

Skill development - Bad

+4 more

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Bajaj Allianz Life Insurance Sales & Business Development Manager Salary FAQs

What is the salary of Sales & Business Development Manager at Bajaj Allianz Life Insurance ?

The average salary of a Sales & Business Development Manager at Bajaj Allianz Life Insurance in India typically ranges from ₹3.9 Lakhs to ₹5.1 Lakhs per year, depending on experience (from 3 years to 10 years).

The top 10% of Sales & Business Development Manager at Bajaj Allianz Life Insurance earn more than ₹5.1 Lakhs per year, and the top 1% earn over ₹5.1 Lakhs per year. Sales & Business Development Manager 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 5 Bajaj Allianz Life Insurance employees in India.

What is the estimated take home salary of a Sales & Business Development Manager at Bajaj Allianz Life Insurance in India?

The estimated take-home salary of a Sales & Business Development Manager at Bajaj Allianz Life Insurance in India typically ranges from ₹33,478 to ₹34,740 per month. This is based on the average salary range of ₹3.9 Lakhs to ₹5.1 Lakhs per year for employees with experience ranging from 3 years to 10 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 5 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 Sales & Business Development Manager at Bajaj Allianz Life Insurance ?

To be a Sales & Business Development Manager at Bajaj Allianz Life Insurance in india, the key skills required include:

- Sales Management
- Team Handling
- Life Insurance
- Presentation Skills
- Team Development

These skills are highly valued at Bajaj Allianz Life Insurance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Bajaj Allianz Life Insurance for Sales & Business Development Manager in India?

ICICI Lombard General Insurance Company

₹4.3 Lakhs to ₹20.0 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 Sales & Business Development Manager in companies similar to Bajaj Allianz Life Insurance in India?

The salary of a Sales & Business Development Manager 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:

ICICI Prudential Life Insurance	₹3.1 Lakhs to ₹5.8 Lakhs per year
Kotak Mahindara Life Insurance	₹3.2 Lakhs to ₹3.8 Lakhs per year
SBI Life Insurance Company	₹2.3 Lakhs to ₹5.0 Lakhs per year
HDFC Life	₹2.4 Lakhs to ₹3.8 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 Sales & Business Development Manager at Bajaj Allianz Life Insurance in India?

The salary growth for a Sales & Business Development Manager at Bajaj Allianz Life Insurance depends on factors such as experience, performance, and promotions. On average, a Sales & Business Development Manager can expect the following growth trajectory at Bajaj Allianz Life Insurance:

Experience	Average Salary Range
3 years	₹3.9 Lakhs to ₹7.1 Lakhs per year
4 years	₹1.6 Lakhs to ₹4.2 Lakhs per year
5 years	₹3.8 Lakhs to ₹4.9 Lakhs per year
6 years	₹4.2 Lakhs to ₹7.9 Lakhs per year

and so on.

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Bajaj Allianz Life Insurance Sales & Business Development Manager Salaries

Bajaj Allianz Life Insurance Sales & Business Development Manager salary in India ranges between ₹3.9 Lakhs to ₹5.1 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.

Bajaj Allianz Life Insurance Sales & Business Development Manager salaries in India

Companies similar to Bajaj Allianz Life Insurance for Sales & Business Development Manager

Latest annual salaries shared by Bajaj Allianz Life Insurance Sales & Business Development Manager

Experience wise Bajaj Allianz Life Insurance Sales & Business Development Manager salaries

Similar Designation salaries in Bajaj Allianz Life Insurance

Top skills at Bajaj Allianz Life Insurance for Sales & Business Development Manager

Salary related reviews for Bajaj Allianz Life Insurance

Executive Relationship Manager in Kohima

Senior Area Manager in Hyderabad / Secunderabad

Executive Relationship Manager in Bankura

Cluster Manager in Kolkata

Executive Relationship Manager in Srinagar

Bajaj Allianz Life Insurance Sales & Business Development Manager Salary FAQs

Tell us how to improve this page.