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Bajaj Allianz Life Insurance Sbdm salaries in India

Annual salary range
5 - 16 years exp.
₹4.2 Lakhs - ₹5 Lakhs
Salary of majority employees
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23% less than the average Sbdm Salary in Insurance Companies for 5 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Sbdm Salary
7 - 9 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹4.7 L/yr

Customer Success, Service & Operations
Sbdm Salary
10 - 13 years exp. (AmbitionBox Estimate)
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₹4.2 L/yr - ₹4.5 L/yr

Sales & Business Development
Sbdm Salary
7 - 16 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹4.9 L/yr

Marketing & Communication
Sbdm Salary
15 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹4.5 L/yr

Last Updated: 10 Oct 2024

Companies similar to Bajaj Allianz Life Insurance for Sbdm

Company name Avg Annual Salary Open Jobs
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SBI Life Insurance Company Sbdm Salary

1 - 9 years exp. (11 salaries)

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₹3 L/yr - ₹4.4 L/yr

arrow icon 11% less
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IndusInd Bank Sbdm Salary

2 - 6 years exp. (7 salaries)

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₹3.6 L/yr - ₹4.5 L/yr

arrow icon 5% less
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SBI General Insurance Sbdm Salary

4 - 15 years exp. (7 salaries)

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₹4 L/yr - ₹6 L/yr

arrow icon 9% more
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IndiaFirst Life Insurance Sbdm Salary

9 - 14 years exp. (6 salaries)

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₹5 L/yr - ₹6.5 L/yr

arrow icon 28% more
Sbdm salary at Bajaj Allianz Life Insurance ranges between ₹4.2 Lakhs to ₹5 Lakhs per year for employees with experience between 5 years to 16 years. Salary estimates are based on 11 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Latest annual salaries shared by Bajaj Allianz Life Insurance Sbdm

2mo ago
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15 years exp.
4mo ago
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7 years exp.
1y ago
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7 years exp.
1y ago
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9 years exp.
1y ago
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7 years exp.
1y ago
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16 years exp.
1y ago
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9 years exp.
1y ago
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13 years exp.

Experience wise Bajaj Allianz Life Insurance Sbdm salaries

Last Updated: 10 Oct 2024

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹8.2 L/yr
6 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.2 L/yr
7 years  (3 salaries)

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₹4.5 L/yr - ₹5 L/yr
8 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹4.7 L/yr
9 years (AmbitionBox Estimate)

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₹4.4 L/yr - ₹8.2 L/yr
View all

Salary related reviews for Bajaj Allianz Life Insurance

5.0

Rated by 7 employees for salary & benefits

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.

read more
  • Salary - Excellent
  • +3 more

Dislikes

Nothing as of now.

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 27 Dec 2024

4.0
 for  Salary and Benefits

Likes

...ect channel there is no work life balance, no job security. Worst work culture. Only salary good

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  • Salary - Good

Dislikes

Specially Direct channel worst job culture. All seniors are rude, Cluster manager, RH all are too much bad. I suggest not to join is direct Channel in BALIC.

read more
  • Skill development - Bad
  • +5 more

Full Time

 · 

IT & Information Security Department

1.0
  •  posted on 05 Oct 2024

1.0
 for  Salary and Benefits

Likes

No any reason 👎

Dislikes

...gnity and respect, and it's our responsibility to speak out against such abuses." My working period is normal, Bu my year promotion is stuck, after revoke not increase my salary, after 3 months he was suggested per month salary increas next coming mong. by include people, mis-ber. ve with engineer, if you selected b, Hari. Naveen,, denied from job on immediately I think my 3 year lost in precision tech serve. Thank app for taking feedback on worker end, Thank to all, best wishes you for luck.

read more
  • Salary - Bad
  • +6 more

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

read more
  • Skill development - Bad
  • +4 more

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 13 Jul 2024

4.0
 for  Salary and Benefits

Likes

Salary is at par within Insurance Industry

  • Salary - Good

Dislikes

Job is a very good gift from God it cannot be bad. It serves you and your family. No dislikes. It can be possible that you get a bad manager who doesn't understand it's team members but it's okay, you get paid for your job noone else opinion matters. I agree that at some point of time tragactries of growth will get affected if your manager don't understand you but at the same time if you are not satisfied you can look for change.

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Bajaj Allianz Life Insurance Sbdm Salary FAQs

What is the salary of Sbdm at Bajaj Allianz Life Insurance ?
The average salary of a Sbdm at Bajaj Allianz Life Insurance in India typically ranges from ₹4.2 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 5 years to 16 years).

The top 10% of Sbdm at Bajaj Allianz Life Insurance earn more than ₹4.9 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Sbdm 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 10+ Bajaj Allianz Life Insurance employees in India.
What is the estimated take home salary of a Sbdm at Bajaj Allianz Life Insurance in India?
The estimated take-home salary of a Sbdm at Bajaj Allianz Life Insurance in India typically ranges from ₹33,922 to ₹35,178 per month. This is based on the average salary range of ₹4.2 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 5 years to 16 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 10+ 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 Sbdm in India?
IndiaFirst Life Insurance ₹5.0 Lakhs to ₹6.5 Lakhs per year
SBI General Insurance ₹4.0 Lakhs to ₹6.0 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 Sbdm in companies similar to Bajaj Allianz Life Insurance in India?
The salary of a Sbdm 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:

IndusInd Bank ₹3.6 Lakhs to ₹4.5 Lakhs per year
SBI Life Insurance Company ₹3.0 Lakhs to ₹4.4 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 Sbdm at Bajaj Allianz Life Insurance in India?
The salary growth for a Sbdm at Bajaj Allianz Life Insurance depends on factors such as experience, performance, and promotions. On average, a Sbdm can expect the following growth trajectory at Bajaj Allianz Life Insurance:

Experience Average Salary Range
5 years ₹4.5 Lakhs to ₹8.2 Lakhs per year
6 years ₹4.1 Lakhs to ₹5.2 Lakhs per year
7 years ₹4.5 Lakhs to ₹5.0 Lakhs per year
8 years ₹1.8 Lakhs to ₹4.7 Lakhs per year
and so on.

Tell us how to improve this page.

Bajaj Allianz Life Insurance Sbdm salary in India ranges between ₹4.2 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.