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

Annual salary range
0 - 8 years exp.
₹1.9 Lakh - ₹7 Lakhs
Salary of majority employees
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49% less than the average Sales Manager Salary in Insurance Companies for 0 - 8 years of experience

Interested in this particular role? 17 job openings

Salaries in different departments

BFSI, Investments & Trading
Sales Manager Salary
0 - 8 years exp. (56 salaries)
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₹1.9 L/yr - ₹4.5 L/yr

Sales & Business Development
Sales Manager Salary
0 - 8 years exp. (50 salaries)
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₹2 L/yr - ₹7 L/yr

Customer Success, Service & Operations
Sales Manager Salary
0 - 7 years exp. (15 salaries)
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₹2.1 L/yr - ₹4.2 L/yr

Marketing & Communication
Sales Manager Salary
0 - 5 years exp. (9 salaries)
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₹2 L/yr - ₹5 L/yr

Finance & Accounting
Sales Manager Salary
1 - 8 years exp. (5 salaries)
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₹2 L/yr - ₹4.5 L/yr

Last Updated: 24 Mar 2025

Companies similar to Bajaj Allianz Life Insurance for Sales Manager

Company name Avg Annual Salary Open Jobs
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₹2.5 L/yr - ₹10.6 L/yr

arrow icon 92% more
21 job openings
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HDFC Life Sales Manager Salary

0 - 11 years exp. (697 salaries)

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₹1.1 L/yr - ₹7.5 L/yr

arrow icon 34% more
4 job openings
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Axis Max Life Insurance Sales Manager Salary

0 - 10 years exp. (614 salaries)

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₹2.7 L/yr - ₹6.2 L/yr

arrow icon 28% more
4 job openings
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₹2 L/yr - ₹11.4 L/yr

arrow icon 87% more
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₹2 L/yr - ₹6.2 L/yr

arrow icon 24% more
11 job openings
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₹1.8 L/yr - ₹7 L/yr

arrow icon 29% more
72 job openings
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₹2.6 L/yr - ₹5.1 L/yr

arrow icon 14% more
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HDFC Ergo General Insurance Sales Manager Salary

0 - 10 years exp. (283 salaries)

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₹2.4 L/yr - ₹7.7 L/yr

arrow icon 22% more
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Tata AIG Sales Manager Salary

2 - 14 years exp. (245 salaries)

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₹2.4 L/yr - ₹11.8 L/yr

arrow icon 83% more
2 job openings
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₹1.5 L/yr - ₹5 L/yr

arrow icon 15% less
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₹0.6 L/yr - ₹6 L/yr

arrow icon 13% less
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₹2.2 L/yr - ₹10.5 L/yr

arrow icon 74% more
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Tata AIA Life Insurance Sales Manager Salary

4 - 11 years exp. (189 salaries)

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₹2.4 L/yr - ₹8.9 L/yr

arrow icon 61% more
3 job openings
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Shriram Life Insurance Sales Manager Salary

0 - 7 years exp. (112 salaries)

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₹1.7 L/yr - ₹7 L/yr

arrow icon 13% less
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SBI Life Insurance Company Sales Manager Salary

0 - 10 years exp. (87 salaries)

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₹1.2 L/yr - ₹5.5 L/yr

arrow icon 3% less
1 job opening
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₹2.4 L/yr - ₹7.2 L/yr

arrow icon 16% more
1 job opening
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₹3.3 L/yr - ₹4.3 L/yr

arrow icon 2% more
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AIG Sales Manager Salary

1 - 4 years exp. (4 salaries)

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₹5.6 L/yr - ₹6.3 L/yr

arrow icon 65% more
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Allianz Partners Sales Manager Salary

15 - 17 years exp. (3 salaries)

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₹15 L/yr - ₹18.5 L/yr

arrow icon 385% more
Sales Manager salary at Bajaj Allianz Life Insurance ranges between ₹1.9 Lakh to ₹7 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 209 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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Experience wise Bajaj Allianz Life Insurance Sales Manager salaries

Last Updated: 24 Mar 2025

Experience Avg Annual Salary
Fresher  (23 salaries)

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₹2 L/yr - ₹6 L/yr
1 year  (22 salaries)

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₹2 L/yr - ₹4 L/yr
2 years  (27 salaries)

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₹2 L/yr - ₹5 L/yr
3 years  (32 salaries)

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₹2 L/yr - ₹5.1 L/yr
4 years  (26 salaries)

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₹2.1 L/yr - ₹5 L/yr
View all
Bajaj Allianz Life Insurance Sales Manager Salary and Career Growth

From

To

Sales Manager

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0 - 8 years exp.

Chief Branch Manager

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10 - 21 years exp.

Sales Manager

0 - 8 years exp.
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Branch Manager

7 - 18 years exp.
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arrow icon 131% hike

Senior Branch Manager

9 - 21 years exp.
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arrow icon 29% hike
Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

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
(212 salaries)
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₹5 L/yr - ₹16.5 L/yr
Branch Manager Salary
(126 salaries)
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₹4.5 L/yr - ₹12.85 L/yr
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₹3.45 L/yr - ₹13.56 L/yr
Sales Officer Salary
(23 salaries)
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₹2 L/yr - ₹5.5 L/yr
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₹12 L/yr - ₹38 L/yr
Deputy Manager Salary
(331 salaries)
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₹5 L/yr - ₹16.48 L/yr
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₹4.5 L/yr - ₹6 L/yr
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₹2.4 L/yr - ₹4.5 L/yr
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₹3.5 L/yr - ₹7.36 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

3.6

Rated by 143 employees for salary & benefits

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

 · 

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.

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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

 · 

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

 · 

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.

read more
see more salary related reviews

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Bajaj Allianz Life Insurance Sales Manager Salary FAQs

What is the salary of Sales Manager at Bajaj Allianz Life Insurance ?
The average salary of a Sales Manager at Bajaj Allianz Life Insurance in India typically ranges from ₹1.9 Lakhs to ₹7.0 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of Sales Manager at Bajaj Allianz Life Insurance earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Sales 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 200+ Bajaj Allianz Life Insurance employees in India.
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 in India typically ranges from ₹26,088 to ₹27,510 per month. This is based on the average salary range of ₹1.9 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from Fresher to 8 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 200+ 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 Manager at Bajaj Allianz Life Insurance ?
To be a Sales Manager at Bajaj Allianz Life Insurance in india, the key skills required include:

  • - Sales Management
  • - Life Insurance
  • - Sales
  • - Insurance Sales
  • - Agency Sales

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 Manager in India?
Allianz Partners ₹15.0 Lakhs to ₹18.5 Lakhs per year
ICICI Prudential Life Insurance ₹2.5 Lakhs to ₹10.6 Lakhs per year
ICICI Lombard General Insurance Company ₹2.0 Lakhs to ₹11.4 Lakhs per year
Tata AIG ₹2.4 Lakhs to ₹11.8 Lakhs per year
Aditya Birla Sun Life Insurance ₹2.2 Lakhs to ₹10.5 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 Manager in companies similar to Bajaj Allianz Life Insurance in India?
The salary of a Sales 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:

AIG ₹5.6 Lakhs to ₹6.3 Lakhs per year
Tata AIA Life Insurance ₹2.4 Lakhs to ₹8.9 Lakhs per year
HDFC Life ₹1.1 Lakhs to ₹7.5 Lakhs per year
Bajaj Allianz General Insurance ₹1.8 Lakhs to ₹7.0 Lakhs per year
Axis Max Life Insurance ₹2.7 Lakhs to ₹6.2 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 Manager at Bajaj Allianz Life Insurance in India?
The salary growth for a Sales Manager at Bajaj Allianz Life Insurance depends on factors such as experience, performance, and promotions. On average, a Sales Manager can expect the following growth trajectory at Bajaj Allianz Life Insurance:

Experience Average Salary Range
Fresher ₹2.0 Lakhs to ₹6.0 Lakhs per year
1 year ₹2.0 Lakhs to ₹4.0 Lakhs per year
2 years ₹2.0 Lakhs to ₹5.0 Lakhs per year
3 years ₹2.0 Lakhs to ₹5.1 Lakhs per year
and so on.

Tell us how to improve this page.

Bajaj Allianz Life Insurance Sales Manager salary in India ranges between ₹1.9 Lakh to ₹7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 209 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.