Bajaj Allianz Life Insurance Sales Team Leader Salaries by 9 Employees

0 - 3 years exp.

₹2 Lakhs - ₹5 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

32% less than the average Sales Team Leader Salary in Insurance Companies for 0 - 3 years of experience

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Last Updated: 15 Jun 2024

Companies similar to Bajaj Allianz Life Insurance for Sales Team Leader

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Sales Team Leader Salary 2 - 13 years exp. (14 salaries)	₹2 L/yr - ₹3 L/yr 27% less
Star Health & Allied Insurance Sales Team Leader Salary 3 - 10 years exp. (10 salaries)	₹3.4 L/yr - ₹8 L/yr 58% more
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Bajaj Allianz General Insurance Sales Team Leader Salary 1 - 9 years exp. (8 salaries)	₹3.8 L/yr - ₹5.5 L/yr 31% more
Shriram Life Insurance Sales Team Leader Salary 1 - 8 years exp. (6 salaries)	₹3.8 L/yr - ₹4 L/yr 17% more
Kotak Mahindara Life Insurance Sales Team Leader Salary 0 - 6 years exp. (5 salaries)	₹1.2 L/yr - ₹7.3 L/yr 7% more
ICICI Prudential Life Insurance Sales Team Leader Salary 4 - 6 years exp. (4 salaries)	₹2.2 L/yr - ₹4 L/yr 3% less
Axis Max Life Insurance Sales Team Leader Salary 3 - 5 years exp. (4 salaries)	₹2 L/yr - ₹4.6 L/yr 4% more	1 job opening
Tata AIA Life Insurance Sales Team Leader Salary 2 - 3 years exp. (4 salaries)	₹2.5 L/yr - ₹4 L/yr 7% less
Aditya Birla Health Insurance Co Sales Team Leader Salary 0 - 2 years exp. (4 salaries)	₹1.6 L/yr - ₹3 L/yr 21% less
HDFC Ergo General Insurance Sales Team Leader Salary 2 - 6 years exp. (4 salaries)	₹2.5 L/yr - ₹5.4 L/yr 13% more
SBI Life Insurance Company Sales Team Leader Salary 0 - 9 years exp. (4 salaries)	₹1.4 L/yr - ₹3.6 L/yr 21% less
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Niva Bupa Health Insurance Company Sales Team Leader Salary 2 - 7 years exp. (4 salaries)	₹2.5 L/yr - ₹5.5 L/yr 25% more
Reliance Nippon Life Insurance Sales Team Leader Salary 4 - 12 years exp. (3 salaries)	₹3.5 L/yr - ₹4 L/yr 11% more
Tata AIG Sales Team Leader Salary 1 - 15 years exp. (3 salaries)	₹1.2 L/yr - ₹5 L/yr 3% less

Sales Team Leader salary at Bajaj Allianz Life Insurance ranges between ₹2 Lakhs to ₹5 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 9 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Experience wise Bajaj Allianz Life Insurance Sales Team Leader salaries

Last Updated: 15 Jun 2024

Experience	Avg Annual Salary
Fresher (4 salaries)	₹2 L/yr - ₹3 L/yr
1 year (3 salaries)	₹3 L/yr - ₹5 L/yr
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2 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹5 L/yr
3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.6 L/yr

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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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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Bajaj Allianz Life Insurance Sales Team Leader Salary FAQs

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

The average salary of a Sales Team Leader at Bajaj Allianz Life Insurance in India typically ranges from ₹2.0 Lakhs to ₹5.0 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Sales Team Leader at Bajaj Allianz Life Insurance earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Sales Team Leader 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 9 Bajaj Allianz Life Insurance employees in India.

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

The estimated take-home salary of a Sales Team Leader at Bajaj Allianz Life Insurance in India typically ranges from ₹24,099 to ₹25,551 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from Fresher to 3 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 9 salaries received from various employees of Bajaj Allianz Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Bajaj Allianz Life Insurance for Sales Team Leader in India?

Star Health & Allied Insurance	₹3.4 Lakhs to ₹8.0 Lakhs per year
Bajaj Allianz General Insurance	₹3.8 Lakhs to ₹5.5 Lakhs per year
Niva Bupa Health Insurance Company	₹2.5 Lakhs to ₹5.5 Lakhs per year
Shriram Life Insurance	₹3.8 Lakhs to ₹4.0 Lakhs per year
HDFC Ergo General Insurance	₹2.5 Lakhs to ₹5.4 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 Team Leader in companies similar to Bajaj Allianz Life Insurance in India?

The salary of a Sales Team Leader 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:

Reliance Nippon Life Insurance	₹3.5 Lakhs to ₹4.0 Lakhs per year
Kotak Mahindara Life Insurance	₹1.2 Lakhs to ₹7.3 Lakhs per year
Axis Max Life Insurance	₹2.0 Lakhs to ₹4.6 Lakhs per year
Tata AIG	₹1.2 Lakhs to ₹5.0 Lakhs per year
ICICI Prudential Life Insurance	₹2.2 Lakhs to ₹4.0 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 Team Leader at Bajaj Allianz Life Insurance in India?

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

Experience	Average Salary Range
Fresher	₹2.0 Lakhs to ₹3.0 Lakhs per year
1 year	₹3.0 Lakhs to ₹5.0 Lakhs per year
2 years	₹1.4 Lakhs to ₹5.0 Lakhs per year
3 years	₹3.5 Lakhs to ₹6.6 Lakhs per year

and so on.

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Bajaj Allianz Life Insurance Sales Team Leader Salaries

Bajaj Allianz Life Insurance Sales Team Leader salary in India ranges between ₹2 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.