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4.0

based on 4.5k Reviews

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Bajaj Allianz Life Insurance Senior Branch Sales Manager salaries in India

Annual salary range
5 - 9 years exp.
₹3.8 Lakhs - ₹4.7 Lakhs
Salary of majority employees
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55% less than the average Senior Branch Sales Manager Salary in Insurance Companies for 5 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Senior Branch Sales Manager Salary
5 - 9 years exp. (10 salaries)
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₹3.8 L/yr - ₹4.5 L/yr

Sales & Business Development
Senior Branch Sales Manager Salary
5 - 8 years exp. (4 salaries)
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₹4 L/yr - ₹4.7 L/yr

Customer Success, Service & Operations
Senior Branch Sales Manager Salary
5 - 6 years exp. (AmbitionBox Estimate)
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₹4.6 L/yr - ₹4.8 L/yr

Marketing & Communication
Senior Branch Sales Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹4 L/yr - ₹4.1 L/yr

Last Updated: 5 Oct 2024

Companies similar to Bajaj Allianz Life Insurance for Senior Branch Sales Manager

Company name Avg Annual Salary Open Jobs
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HDFC Life Senior Branch Sales Manager Salary

1 - 3 years exp. (4 salaries)

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₹2.9 L/yr - ₹3.6 L/yr

arrow icon 34% less
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₹11 L/yr - ₹15 L/yr

arrow icon 202% more
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₹3.3 L/yr - ₹4 L/yr

arrow icon 14% less
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HDFC Bank Senior Branch Sales Manager Salary

5 - 15 years exp. (141 salaries)

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₹4.7 L/yr - ₹15 L/yr

arrow icon 112% more
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ICICI Bank Senior Branch Sales Manager Salary

11 - 18 years exp. (34 salaries)

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₹5.2 L/yr - ₹16.5 L/yr

arrow icon 152% more
Senior Branch Sales Manager salary at Bajaj Allianz Life Insurance ranges between ₹3.8 Lakhs to ₹4.7 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 24 latest salaries received from various employees of Bajaj Allianz Life Insurance.

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

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7 years exp.
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6 years exp.
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7 years exp.
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Experience wise Bajaj Allianz Life Insurance Senior Branch Sales Manager salaries

Last Updated: 5 Oct 2024

Experience Avg Annual Salary
5 years  (5 salaries)

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₹4 L/yr - ₹4.7 L/yr
6 years  (9 salaries)

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₹4 L/yr - ₹4.7 L/yr
7 years  (5 salaries)

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₹3.8 L/yr - ₹4.5 L/yr
8 years  (4 salaries)

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₹3.8 L/yr - ₹4.5 L/yr
9 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹4.5 L/yr

Similar Designation salaries in Bajaj Allianz Life Insurance

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₹6 L/yr - ₹14.5 L/yr
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₹2.2 L/yr - ₹5.1 L/yr
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₹2.55 L/yr - ₹5.5 L/yr
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₹1.8 L/yr - ₹3.5 L/yr
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₹3.3 L/yr - ₹12.86 L/yr
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₹2 L/yr - ₹4.1 L/yr
Branch Manager Salary
(129 salaries)
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₹4.5 L/yr - ₹12 L/yr
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₹5 L/yr - ₹8.5 L/yr
Sales Manager Salary
(207 salaries)
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₹1.55 L/yr - ₹7 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹12.2 L/yr - ₹15.5 L/yr

Salary related reviews for Bajaj Allianz Life Insurance

3.8

Rated by 10 employees for salary & benefits

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 Sales Manager Salary FAQs

What is the salary of Senior Branch Sales Manager at Bajaj Allianz Life Insurance?
Senior Branch Sales Manager salary at Bajaj Allianz Life Insurance in India ranges between ₹3.8 Lakhs to ₹4.7 Lakhs for experience between 5 years to 9 years. According to our estimates it is 55% less than the average Senior Branch Sales Manager Salary in India. Salary estimates are based on 24 latest salaries received from various employees of Bajaj Allianz Life Insurance India.
How does the salary of a Senior Branch Sales Manager at Bajaj Allianz Life Insurance India compare with the average salary range for this job?
The average salary of a Senior Branch Sales Manager at Bajaj Allianz Life Insurance is 55% less than the average salary of a Senior Branch Sales Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Bajaj Allianz Life Insurance to a Senior Branch Sales Manager in India?
  • SBI Life Insurance Company Senior Branch Sales Manager Salary - ₹11.0 Lakhs to ₹15.0 Lakhs per year
  • ICICI Bank Senior Branch Sales Manager Salary - ₹5.2 Lakhs to ₹16.5 Lakhs per year
  • HDFC Bank Senior Branch Sales Manager Salary - ₹4.7 Lakhs to ₹15.0 Lakhs per year
What is the salary of a Senior Branch Sales Manager in companies similar to Bajaj Allianz Life Insurance in India?
  • Aditya Birla Sun Life Insurance Senior Branch Sales Manager Salary - ₹3.3 Lakhs to ₹4.0 Lakhs per year
  • HDFC Life Senior Branch Sales Manager Salary - ₹2.9 Lakhs to ₹3.6 Lakhs per year
What is the estimated take home salary of a Senior Branch Sales Manager at Bajaj Allianz Life Insurance in India?
The estimated take-home salary of a Senior Branch Sales Manager at Bajaj Allianz Life Insurance ranges between ₹32,907 per month to ₹34,178 per month in India. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance Senior Branch Sales Manager salary in India which ranges between ₹3.8 Lakhs to ₹4.7 Lakhs per year for employees with experience between 5 years to 9 years. Check how did we calculate take home salary?
What is the notice period for Senior Branch Sales Manager at Bajaj Allianz Life Insurance?
According to AmbitionBox, 80% of the Bajaj Allianz Life Insurance Senior Branch Sales Managers reported a notice period of 1 Month, 16% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 25 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Bajaj Allianz Life Insurance Senior Branch Sales Manager salary in India ranges between ₹3.8 Lakhs to ₹4.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 24 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.