Bajaj Allianz Life Insurance Sales Manager Salaries by 200+ Employees (Updated 2025)

0 - 8 years exp.

₹1.6 Lakh - ₹7 Lakhs

Salary of majority employees

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53% less than the average Sales Manager Salary in Insurance Companies for 0 - 8 years of experience

Interested in this particular role? 11 job openings

Salaries in different departments

BFSI, Investments & Trading Sales Manager Salary 0 - 8 years exp. (55 salaries)	Unlock ₹1.9 L/yr - ₹4.5 L/yr
Sales & Business Development Sales Manager Salary 0 - 8 years exp. (48 salaries)	Unlock ₹2.3 L/yr - ₹7 L/yr
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Customer Success, Service & Operations Sales Manager Salary 0 - 7 years exp. (15 salaries)	Unlock ₹2.1 L/yr - ₹4.2 L/yr
Marketing & Communication Sales Manager Salary 0 - 5 years exp. (9 salaries)	Unlock ₹2 L/yr - ₹5 L/yr
Finance & Accounting Sales Manager Salary 1 - 8 years exp. (5 salaries)	Unlock ₹2 L/yr - ₹4.5 L/yr

Last Updated: 22 Feb 2025

Companies similar to Bajaj Allianz Life Insurance for Sales Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Sales Manager Salary 0 - 11 years exp. (709 salaries)	Unlock ₹1.6 L/yr - ₹7.5 L/yr 43% more	3 job openings
ICICI Prudential Life Insurance Sales Manager Salary 1 - 12 years exp. (942 salaries)	Unlock ₹2.5 L/yr - ₹10.6 L/yr 104% more	14 job openings
Login to view exact salary
SBI Life Insurance Company Sales Manager Salary 0 - 10 years exp. (84 salaries)	Unlock ₹1.2 L/yr - ₹5.6 L/yr 4% more
Axis Max Life Insurance Sales Manager Salary 0 - 10 years exp. (615 salaries)	Unlock ₹2.3 L/yr - ₹6.2 L/yr 37% more	5 job openings
Tata AIA Life Insurance Sales Manager Salary 3 - 11 years exp. (194 salaries)	Unlock ₹2.4 L/yr - ₹9.5 L/yr 62% more	11 job openings
ICICI Lombard General Insurance Company Sales Manager Salary 1 - 14 years exp. (585 salaries)	Unlock ₹2 L/yr - ₹11.4 L/yr 102% more	1 job opening
Bajaj Allianz General Insurance Sales Manager Salary 0 - 13 years exp. (473 salaries)	Unlock ₹1.8 L/yr - ₹6.8 L/yr 40% more	68 job openings
Kotak Mahindara Life Insurance Sales Manager Salary 0 - 10 years exp. (543 salaries)	Unlock ₹2 L/yr - ₹5.8 L/yr 33% more	5 job openings
Aditya Birla Health Insurance Co Sales Manager Salary 0 - 8 years exp. (460 salaries)	Unlock ₹2.6 L/yr - ₹5.1 L/yr 21% more
HDFC Ergo General Insurance Sales Manager Salary 0 - 10 years exp. (282 salaries)	Unlock ₹2.2 L/yr - ₹7.5 L/yr 30% more

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Sales Manager salary at Bajaj Allianz Life Insurance ranges between ₹1.6 Lakh to ₹7 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 205 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Latest annual salaries shared by Bajaj Allianz Life Insurance Sales Manager

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4 years exp.

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7 years exp.

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7 years exp.

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5 years exp.

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2 years exp.

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7 years exp.

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1 year exp.

Experience wise Bajaj Allianz Life Insurance Sales Manager salaries

Last Updated: 22 Feb 2025

Experience	Avg Annual Salary
Fresher (22 salaries)	Unlock ₹2 L/yr - ₹4 L/yr
1 year (22 salaries)	Unlock ₹2 L/yr - ₹4 L/yr
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2 years (28 salaries)	Unlock ₹2 L/yr - ₹5 L/yr
3 years (33 salaries)	Unlock ₹1.6 L/yr - ₹5.1 L/yr
4 years (26 salaries)	Unlock ₹2.1 L/yr - ₹5 L/yr
5 years (33 salaries)	Unlock ₹1.9 L/yr - ₹6.2 L/yr
6 years (19 salaries)	Unlock ₹2.5 L/yr - ₹5 L/yr
7 years (16 salaries)	Unlock ₹2.3 L/yr - ₹7 L/yr
8 years (6 salaries)	Unlock ₹2.5 L/yr - ₹5.1 L/yr

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From

Sales Manager

₹

Lakhs/yr

0 - 8 years exp.

Chief Branch Manager

₹

Lakhs/yr

10 - 21 years exp.

Sales Manager 0 - 8 years exp.

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Branch Manager 7 - 20 years exp.

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161% hike

Senior Branch Manager 9 - 21 years exp.

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16% hike

Similar Designation salaries in Bajaj Allianz Life Insurance

Store Manager Salary

(AmbitionBox Estimate)

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₹12.2 L/yr - ₹15.5 L/yr

Area Manager Salary

(227 salaries)

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₹5 L/yr - ₹16.5 L/yr

Branch Manager Salary

(142 salaries)

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₹4.5 L/yr - ₹13.5 L/yr

Area Sales Manager Salary

(25 salaries)

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₹3.45 L/yr - ₹13.56 L/yr

Sales Officer Salary

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₹2 L/yr - ₹5.5 L/yr

Zonal Sales Manager Salary

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₹12 L/yr - ₹38 L/yr

Deputy Manager Salary

(298 salaries)

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₹4.5 L/yr - ₹16.5 L/yr

Business Manager Salary

(6 salaries)

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₹4.5 L/yr - ₹6 L/yr

Senior Sales Manager Salary

(157 salaries)

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₹2.4 L/yr - ₹4.5 L/yr

Marketing Manager Salary

(11 salaries)

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₹3.5 L/yr - ₹7.32 L/yr

Top skills at Bajaj Allianz Life Insurance for Sales Manager

Sales Management Life Insurance Sales Insurance Sales Agency Sales General Insurance Agent Recruitment Agency Channel Insurance Direct Sales Relationship Management Motor Insurance Bancassurance Business Development Channel Sales

Salary related reviews for Bajaj Allianz Life Insurance

3.7

Rated by 141 employees for salary & benefits

Sales Manager in New Delhi

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.

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

Salary - Bad

+6 more

Relationship Manager in Bangalore / Bengaluru

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.

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.

Salary - Bad

+6 more

Business Development Manager in Bokaro

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.

Business Development Manager in Narnaul

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.

Skill development - Bad

+4 more

Senior Business Development Manager in Soro

Full Time

Sales & Business Development Department

5.0

• posted on 13 Sep 2022

4.0

for Salary and Benefits

Likes

Best product Friendly atmosphere Career growth Highest solvency retio Best claim settlement Best Hr service Etc....

Salary - Good

+6 more

Dislikes

One thing is internal career and salary growth is little bit slow.. If we have potential to prove ourselves in changing our label in our own company. Then stay with us.... Otherwise Employees are trying for other companies only for career and financial growth.

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an associate vice president

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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... read more

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Bajaj Allianz Life Insurance Sales Manager Salary FAQs

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

Sales Manager salary at Bajaj Allianz Life Insurance in India ranges between ₹1.6 Lakhs to ₹7.0 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 53% less than the average Sales Manager Salary in India. Salary estimates are based on 205 latest salaries received from various employees of Bajaj Allianz Life Insurance India.

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

The average salary of a Sales Manager at Bajaj Allianz Life Insurance is 53% less than the average salary of a Sales Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Sales Manager at Bajaj Allianz Life Insurance?

Sales Management, Life Insurance, Sales, Insurance Sales and Agency Sales are some of the popular skills required to work as a Sales Manager at Bajaj Allianz Life Insurance India.

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

Allianz Partners Sales Manager Salary - ₹15.0 Lakhs to ₹18.5 Lakhs per year
ICICI Prudential Life Insurance Sales Manager Salary - ₹2.5 Lakhs to ₹10.6 Lakhs per year
ICICI Lombard General Insurance Company Sales Manager Salary - ₹2.0 Lakhs to ₹11.4 Lakhs per year
Tata AIG Sales Manager Salary - ₹2.5 Lakhs to ₹10.5 Lakhs per year
Aditya Birla Sun Life Insurance Sales Manager Salary - ₹2.2 Lakhs to ₹10.0 Lakhs per year

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

AIG Sales Manager Salary - ₹5.6 Lakhs to ₹6.3 Lakhs per year
Tata AIA Life Insurance Sales Manager Salary - ₹2.4 Lakhs to ₹9.5 Lakhs per year
HDFC Life Sales Manager Salary - ₹1.6 Lakhs to ₹7.5 Lakhs per year
Bajaj Allianz General Insurance Sales Manager Salary - ₹1.8 Lakhs to ₹6.8 Lakhs per year
Axis Max Life Insurance Sales Manager Salary - ₹2.3 Lakhs to ₹6.2 Lakhs per year

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

The estimated take-home salary of a Sales Manager at Bajaj Allianz Life Insurance ranges between ₹24,153 per month to ₹25,604 per month in India. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance Sales Manager salary in India which ranges between ₹1.6 Lakhs to ₹7.0 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?

What is the notice period for Sales Manager at Bajaj Allianz Life Insurance?

According to AmbitionBox, 65% of the Bajaj Allianz Life Insurance Sales Managers reported a notice period of 1 Month, 23% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 278 responses on AmbitionBox in last 2 years.

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Bajaj Allianz Life Insurance Sales Manager Salaries by Location

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Bajaj Allianz Life Insurance Sales Manager Salaries

Bajaj Allianz Life Insurance Sales Manager salary in India ranges between ₹1.6 Lakh to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 205 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.

Bajaj Allianz Life Insurance Sales Manager salaries in India (Updated 2025)

Companies similar to Bajaj Allianz Life Insurance for Sales Manager

Latest annual salaries shared by Bajaj Allianz Life Insurance Sales Manager

Experience wise Bajaj Allianz Life Insurance Sales Manager salaries

Similar Designation salaries in Bajaj Allianz Life Insurance

Top skills at Bajaj Allianz Life Insurance for Sales Manager

Salary related reviews for Bajaj Allianz Life Insurance

Sales Manager in New Delhi

Relationship Manager in Bangalore / Bengaluru

Business Development Manager in Bokaro

Business Development Manager in Narnaul

Senior Business Development Manager in Soro

Bajaj Allianz Life Insurance Sales Manager Salary FAQs

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