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4.0

based on 4.5k Reviews

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Bajaj Allianz Life Insurance Senior Branch Manager salaries in Bhubaneswar

Annual salary range
10 - 17 years exp.
₹7 Lakhs - ₹10.5 Lakhs
Salary of majority employees
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6% less than the average Senior Branch Manager Salary in Insurance Companies for 10 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Senior Branch Manager Salary
10 - 12 years exp. (AmbitionBox Estimate)
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₹7 L/yr - ₹9.6 L/yr

Sales & Business Development
Senior Branch Manager Salary
17 years exp. (AmbitionBox Estimate)
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₹8.7 L/yr - ₹10.5 L/yr

Last Updated: 28 Apr 2024

Companies similar to Bajaj Allianz Life Insurance for Senior Branch Manager in Bhubaneswar

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Bajaj Allianz Life Insurance Senior Branch Manager Salary

10 - 17 years exp. (4 salaries)

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₹7 L/yr - ₹10.5 L/yr

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HDFC Life Senior Branch Manager Salary

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₹11.3 L/yr - ₹14.7 L/yr

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₹11.4 L/yr - ₹14 L/yr

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₹11 L/yr - ₹14.3 L/yr

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ECE Industries Senior Branch Manager Salary

12 - 16 years exp. (4 salaries)

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₹14 L/yr - ₹19.5 L/yr

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NU Vista Senior Branch Manager Salary

22 - 24 years exp. (3 salaries)

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₹19.5 L/yr - ₹21.8 L/yr

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Senior Branch Manager salary at Bajaj Allianz Life Insurance ranges between ₹7 Lakhs to ₹10.5 Lakhs per year for employees with experience between 10 years to 17 years. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Latest annual salaries shared by Bajaj Allianz Life Insurance Senior Branch Manager in Bhubaneswar

7mo ago
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17 years exp.
1y ago
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12 years exp.
1y ago
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12 years exp.
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10 years exp.

Experience wise Bajaj Allianz Life Insurance Senior Branch Manager salaries in Bhubaneswar

Last Updated: 28 Apr 2024

Experience Avg Annual Salary
10 years (AmbitionBox Estimate)

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₹7.6 L/yr - ₹15.5 L/yr
11 years (AmbitionBox Estimate)

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₹7.9 L/yr - ₹10.1 L/yr
12 years (AmbitionBox Estimate)

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₹7 L/yr - ₹16 L/yr
13 years (AmbitionBox Estimate)

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₹8.1 L/yr - ₹10.4 L/yr
14 years (AmbitionBox Estimate)

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₹8.2 L/yr - ₹10.5 L/yr
View all

Similar Designation salaries in Bajaj Allianz Life Insurance

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₹2.4 L/yr - ₹3.7 L/yr
Area Manager Salary
(5 salaries)
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₹7.35 L/yr - ₹10.75 L/yr
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₹5 L/yr - ₹6 L/yr
Branch Manager Salary
(3 salaries)
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₹6 L/yr - ₹7.23 L/yr

Salary related reviews for Bajaj Allianz Life Insurance

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.

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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.

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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

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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

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

4.0
  •  posted on 25 Jun 2023

5.0
 for  Salary and Benefits

Likes

One of the best company to work and earn money , we can earn more incentives than salary, overall this is the best company in all insurance sectors.

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Dislikes

In banca channel, the company heads and co-heads has to interact with the bankers for freshers encouragement

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.

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.

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Bajaj Allianz Life Insurance Senior Branch Manager Salary FAQs

What is the salary of Senior Branch Manager at Bajaj Allianz Life Insurance Bhubaneswar?
Senior Branch Manager salary at Bajaj Allianz Life Insurance in Bhubaneswar ranges between ₹7.0 Lakhs to ₹10.5 Lakhs for experience between 10 years to 17 years. According to our estimates it is 6% less than the average Senior Branch Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Allianz Life Insurance Bhubaneswar.
How does the salary of a Senior Branch Manager at Bajaj Allianz Life Insurance Bhubaneswar compare with the average salary range for this job?
The average salary of a Senior Branch Manager at Bajaj Allianz Life Insurance is 6% less than the average salary of a Senior Branch Manager in Bhubaneswar. To know exact salary insights, login to view.
Which similar companies are paying more than Bajaj Allianz Life Insurance to a Senior Branch Manager in Bhubaneswar?
  • NU Vista Senior Branch Manager Salary - ₹19.5 Lakhs to ₹21.8 Lakhs per year
  • ECE Industries Senior Branch Manager Salary - ₹14.0 Lakhs to ₹19.5 Lakhs per year
  • ICICI Prudential Life Insurance Senior Branch Manager Salary - ₹11.4 Lakhs to ₹14.0 Lakhs per year
  • SBI Life Insurance Company Senior Branch Manager Salary - ₹11.0 Lakhs to ₹14.3 Lakhs per year
  • HDFC Life Senior Branch Manager Salary - ₹11.3 Lakhs to ₹14.7 Lakhs per year
What is the estimated take home salary of a Senior Branch Manager at Bajaj Allianz Life Insurance in Bhubaneswar?
The estimated take-home salary of a Senior Branch Manager at Bajaj Allianz Life Insurance ranges between ₹66,443 per month to ₹68,142 per month in Bhubaneswar. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance Senior Branch Manager salary in India which ranges between ₹7.0 Lakhs to ₹10.5 Lakhs per year for employees with experience between 10 years to 17 years. Check how did we calculate take home salary?
What is the notice period for Senior Branch Manager at Bajaj Allianz Life Insurance in Bhubaneswar?
According to AmbitionBox, 80% of the Bajaj Allianz Life Insurance Senior Branch Managers in Bhubaneswar reported a notice period of 3 Months, 20% reported a notice period of 2 Months.This is based on 5 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Bajaj Allianz Life Insurance Senior Branch Manager salary in Bhubaneswar ranges between ₹7 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.