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Bajaj Allianz Life Insurance Sales Manager salaries in Mumbai

Annual salary range
0 - 8 years exp.
₹2.4 Lakhs - ₹5 Lakhs
Salary of majority employees
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50% less than the average Sales Manager Salary in Insurance Companies for 0 - 8 years of experience

Interested in this particular role? 15 job openings

Salaries in different departments

BFSI, Investments & Trading
Sales Manager Salary
0 - 8 years exp. (8 salaries)
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₹2.4 L/yr - ₹4.2 L/yr

Sales & Business Development
Sales Manager Salary
4 - 6 years exp. (3 salaries)
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₹3.6 L/yr - ₹4.1 L/yr

Marketing & Communication
Sales Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.7 L/yr

Last Updated: 31 Jul 2024

Companies similar to Bajaj Allianz Life Insurance for Sales Manager in Mumbai

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Bajaj Allianz Life Insurance Sales Manager Salary

0 - 8 years exp. (18 salaries)

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₹2.4 L/yr - ₹5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Life Sales Manager Salary

0 - 10 years exp. (91 salaries)

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₹2.2 L/yr - ₹7.5 L/yr

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3 job openings
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₹3 L/yr - ₹10 L/yr

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15 job openings
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₹3.3 L/yr - ₹5.6 L/yr

arrow icon 10% more
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Axis Max Life Insurance Sales Manager Salary

0 - 9 years exp. (73 salaries)

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₹2.3 L/yr - ₹6 L/yr

arrow icon 33% more
4 job openings
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Tata AIA Life Insurance Sales Manager Salary

3 - 10 years exp. (21 salaries)

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₹3.5 L/yr - ₹7.9 L/yr

arrow icon 68% more
11 job openings
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₹3.5 L/yr - ₹11.6 L/yr

arrow icon 101% more
1 job opening
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₹2.6 L/yr - ₹6.2 L/yr

arrow icon 33% more
3 job openings
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₹2.4 L/yr - ₹6.6 L/yr

arrow icon 46% more
67 job openings
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₹2.7 L/yr - ₹5.1 L/yr

arrow icon 23% more
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₹2.5 L/yr - ₹9.5 L/yr

arrow icon 108% more
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Tata AIG Sales Manager Salary

2 - 13 years exp. (31 salaries)

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₹3.2 L/yr - ₹9.4 L/yr

arrow icon 94% more
2 job openings
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₹3 L/yr - ₹6.5 L/yr

arrow icon 28% more
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₹1.5 L/yr - ₹6 L/yr

arrow icon 2% less
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PNB MetLife Sales Manager Salary

1 - 9 years exp. (4 salaries)

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₹3 L/yr - ₹4 L/yr

arrow icon 5% more
104 job openings
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₹3.9 L/yr - ₹6.1 L/yr

arrow icon 30% more
1 job opening
Sales Manager salary at Bajaj Allianz Life Insurance ranges between ₹2.4 Lakhs to ₹5 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 18 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Latest annual salaries shared by Bajaj Allianz Life Insurance Sales Manager in Mumbai

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Experience wise Bajaj Allianz Life Insurance Sales Manager salaries in Mumbai

Last Updated: 31 Jul 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.4 L/yr - ₹5.6 L/yr
1 year  (3 salaries)

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₹2.5 L/yr - ₹3.5 L/yr
2 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹5.9 L/yr
3 years  (5 salaries)

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₹2.4 L/yr - ₹4.1 L/yr
4 years (AmbitionBox Estimate)

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₹1.4 L/yr - ₹3.6 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 - 20 years exp.
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arrow icon 150% hike

Senior Branch Manager

9 - 21 years exp.
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arrow icon 27% 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

Deputy Manager Salary
(69 salaries)
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₹5 L/yr - ₹16.5 L/yr
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₹3 L/yr - ₹4.5 L/yr
Branch Manager Salary
(12 salaries)
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₹5.1 L/yr - ₹11.75 L/yr
Area Manager Salary
(11 salaries)
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₹5 L/yr - ₹13 L/yr
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₹5 L/yr - ₹12 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
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Salary related reviews for Bajaj Allianz Life Insurance

2.1

Rated by 5 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.

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

 · 

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.

read more

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
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Bajaj Allianz Life Insurance Sales Manager Salary FAQs

What is the salary of Sales Manager at Bajaj Allianz Life Insurance Mumbai?
Sales Manager salary at Bajaj Allianz Life Insurance in Mumbai ranges between ₹2.4 Lakhs to ₹5.0 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 50% less than the average Sales Manager Salary in India. Salary estimates are based on 18 latest salaries received from various employees of Bajaj Allianz Life Insurance Mumbai.
How does the salary of a Sales Manager at Bajaj Allianz Life Insurance Mumbai compare with the average salary range for this job?
The average salary of a Sales Manager at Bajaj Allianz Life Insurance is 50% less than the average salary of a Sales Manager in Mumbai. 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 Mumbai.
Which similar companies are paying more than Bajaj Allianz Life Insurance to a Sales Manager in Mumbai?
  • Aditya Birla Sun Life Insurance Sales Manager Salary - ₹2.5 Lakhs to ₹9.5 Lakhs per year
  • ICICI Prudential Life Insurance Sales Manager Salary - ₹3.0 Lakhs to ₹10.0 Lakhs per year
  • ICICI Lombard General Insurance Company Sales Manager Salary - ₹3.5 Lakhs to ₹11.6 Lakhs per year
  • Tata AIG Sales Manager Salary - ₹3.2 Lakhs to ₹9.4 Lakhs per year
  • Tata AIA Life Insurance Sales Manager Salary - ₹3.5 Lakhs to ₹7.9 Lakhs per year
What is the salary of a Sales Manager in companies similar to Bajaj Allianz Life Insurance in Mumbai?
  • Bajaj Allianz General Insurance Sales Manager Salary - ₹2.4 Lakhs to ₹6.6 Lakhs per year
  • HDFC Life Sales Manager Salary - ₹2.2 Lakhs to ₹7.5 Lakhs per year
  • Axis Max Life Insurance Sales Manager Salary - ₹2.3 Lakhs to ₹6.0 Lakhs per year
  • Kotak Mahindara Life Insurance Sales Manager Salary - ₹2.6 Lakhs to ₹6.2 Lakhs per year
  • Niva Bupa Health Insurance Company Sales Manager Salary - ₹3.9 Lakhs to ₹6.1 Lakhs per year
What is the estimated take home salary of a Sales Manager at Bajaj Allianz Life Insurance in Mumbai?
The estimated take-home salary of a Sales Manager at Bajaj Allianz Life Insurance ranges between ₹24,635 per month to ₹26,079 per month in Mumbai. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance Sales Manager salary in India which ranges between ₹2.4 Lakhs to ₹5.0 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 in Mumbai?
According to AmbitionBox, 86% of the Bajaj Allianz Life Insurance Sales Managers in Mumbai reported a notice period of 1 Month, 14% reported a notice period of 15 days or less.This is based on 7 responses on AmbitionBox in last 2 years.

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Bajaj Allianz Life Insurance Sales Manager salary in Mumbai ranges between ₹2.4 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 18 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.