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3.9

based on 5.1k Reviews

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Bajaj Allianz Life Insurance Senior Business Development Manager salaries in Pune

Annual salary range
0 - 12 years exp.
₹4.5 Lakhs - ₹5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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51% less than the average Senior Business Development Manager Salary in Insurance Companies for 0 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Senior Business Development Manager Salary
0 - 8 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹4.7 L/yr

Sales & Business Development
Senior Business Development Manager Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹4.7 L/yr

Last Updated: 25 Dec 2024

Companies similar to Bajaj Allianz Life Insurance for Senior Business Development Manager in Pune

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Bajaj Allianz Life Insurance Senior Business Development Manager Salary

0 - 12 years exp. (6 salaries)
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₹4.5 L/yr - ₹5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Bajaj Allianz General Insurance Senior Business Development Manager Salary

6 - 11 years exp. (3 salaries)
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₹4.9 L/yr - ₹5.7 L/yr

arrow icon 13% more
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Square Yards Senior Business Development Manager Salary

1 - 10 years exp. (27 salaries)
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₹3 L/yr - ₹8.2 L/yr

arrow icon 31% more
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BYJU'S Senior Business Development Manager Salary

3 - 7 years exp. (13 salaries)
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₹8 L/yr - ₹22 L/yr

arrow icon 270% more
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IndusInd Bank Senior Business Development Manager Salary

0 - 8 years exp. (10 salaries)
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₹3.8 L/yr - ₹5 L/yr

arrow icon 6% less
 173 job openings
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myGate Senior Business Development Manager Salary

1 - 6 years exp. (10 salaries)
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₹4.2 L/yr - ₹6.7 L/yr

arrow icon 31% more
Senior Business Development Manager salary at Bajaj Allianz Life Insurance ranges between ₹4.5 Lakhs to ₹5 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 6 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Latest annual salaries shared by Bajaj Allianz Life Insurance Senior Business Development Manager in Pune

3mo ago
₹4.5 Lakhs
7 months exp.

Experience wise Bajaj Allianz Life Insurance Senior Business Development Manager salaries in Pune

Last Updated: 25 Dec 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹4.2 L/yr - ₹5.4 L/yr
1 year (AmbitionBox Estimate)

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₹4.2 L/yr - ₹5.4 L/yr
2 years (AmbitionBox Estimate)

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₹4.2 L/yr - ₹5.4 L/yr
3 years (AmbitionBox Estimate)

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₹4.2 L/yr - ₹5.4 L/yr
4 years (AmbitionBox Estimate)

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₹4.2 L/yr - ₹5.4 L/yr
View all

Similar Designation salaries in Bajaj Allianz Life Insurance

Senior Sales Manager Salary
(21 salaries)
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₹3 L/yr - ₹4.5 L/yr
Business Development Manager Salary
(12 salaries)
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₹3.45 L/yr - ₹6 L/yr
Regional Manager Salary
(4 salaries)
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₹11 L/yr - ₹16.05 L/yr

Top skills at Bajaj Allianz Life Insurance for Senior Business Development Manager

Bfsi Sales Business Development Management Sales Life Insurance Distribution Insurance Sales Life Insurance Insurance Sales agency Sales Management Agency Sales Insurance Advisory agency development Agent Recruitment Agency Channel

Salary related reviews for Bajaj Allianz Life Insurance

5.0

Rated by 1 employees for salary & benefits

Senior Business Development Manager in Soro

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

Relationship Manager in Bangalore / Bengaluru

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

Sales Manager in New Delhi

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

Business Development Manager in Bokaro

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

Business Development Manager in Narnaul

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
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New offer. Confused.
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 Senior Business Development Manager Salary FAQs

What is the salary of Senior Business Development Manager at Bajaj Allianz Life Insurance in Pune?
The average salary of a Senior Business Development Manager at Bajaj Allianz Life Insurance in Pune typically ranges from ₹4.5 Lakhs to ₹5.0 Lakhs per year, depending on experience (from Fresher to 12 years).

The top 10% of Senior Business Development Manager in Pune at Bajaj Allianz Life Insurance earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Senior Business Development Manager 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 6 Bajaj Allianz Life Insurance employees in India.
What is the estimated take home salary of a Senior Business Development Manager at Bajaj Allianz Life Insurance in Pune?
The estimated take-home salary of a Senior Business Development Manager at Bajaj Allianz Life Insurance in Pune typically ranges from ₹34,983 to ₹36,223 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from Fresher to 12 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 6 salaries received from various employees of Bajaj Allianz Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Senior Business Development Manager at Bajaj Allianz Life Insurance in Pune?
To be a Senior Business Development Manager at Bajaj Allianz Life Insurance in Pune, the key skills required include:

  • - Bfsi Sales
  • - Business Development Management
  • - Sales
  • - Life Insurance
  • - Distribution

These skills are highly valued at Bajaj Allianz Life Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Bajaj Allianz Life Insurance for Senior Business Development Manager in India?
BYJU'S ₹8.0 Lakhs to ₹22.0 Lakhs per year
myGate ₹4.2 Lakhs to ₹6.7 Lakhs per year
Square Yards ₹3.0 Lakhs to ₹8.2 Lakhs per year
Bajaj Allianz General Insurance ₹4.9 Lakhs to ₹5.7 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 Senior Business Development Manager in companies similar to Bajaj Allianz Life Insurance in Pune?
The salary of a Senior Business Development Manager at companies similar to Bajaj Allianz Life Insurance in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IndusInd Bank ₹3.8 Lakhs to ₹5.0 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 Senior Business Development Manager at Bajaj Allianz Life Insurance in Pune?
The salary growth for a Senior Business Development Manager at Bajaj Allianz Life Insurance in Pune depends on factors such as experience, performance, and promotions. On average, a Senior Business Development Manager in Pune can expect the following growth trajectory at Bajaj Allianz Life Insurance:

Experience Average Salary Range
Fresher ₹4.2 Lakhs to ₹5.4 Lakhs per year
1 year ₹4.2 Lakhs to ₹5.4 Lakhs per year
2 years ₹4.2 Lakhs to ₹5.4 Lakhs per year
3 years ₹4.2 Lakhs to ₹5.4 Lakhs per year
and so on.

Tell us how to improve this page.

Bajaj Allianz Life Insurance Senior Business Development Manager salary in Pune ranges between ₹4.5 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.