Bajaj Allianz Life Insurance Senior Cluster Head Salaries by 50+ Employees (Updated 2025)

8 - 16 years exp.

₹7.4 Lakhs - ₹15 Lakhs

Salary of majority employees

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8% less than the average Senior Cluster Head Salary in Insurance Companies for 8 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Cluster Head Salary 8 - 16 years exp. (21 salaries)	Unlock ₹7.4 L/yr - ₹14 L/yr
Sales & Business Development Senior Cluster Head Salary 8 - 15 years exp. (19 salaries)	Unlock ₹8 L/yr - ₹14 L/yr
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Customer Success, Service & Operations Senior Cluster Head Salary 10 - 12 years exp. (AmbitionBox Estimate)	Unlock ₹9 L/yr - ₹11.7 L/yr
Risk Management & Compliance Senior Cluster Head Salary 8 - 10 years exp. (AmbitionBox Estimate)	Unlock ₹9.6 L/yr - ₹11.7 L/yr

Last Updated: 1 Feb 2025

Companies similar to Bajaj Allianz Life Insurance for Senior Cluster Head

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Sun Life Insurance Senior Cluster Head Salary 5 - 13 years exp. (5 salaries)	Unlock ₹9.6 L/yr - ₹14 L/yr 14% more
Bajaj Allianz General Insurance Senior Cluster Head Salary 10 - 18 years exp. (8 salaries)	Unlock ₹9 L/yr - ₹11 L/yr 6% less
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Oyo Rooms Senior Cluster Head Salary 3 - 10 years exp. (20 salaries)	Unlock ₹10 L/yr - ₹15 L/yr 10% more
Jana Small Finance Bank Senior Cluster Head Salary 11 - 19 years exp. (9 salaries)	Unlock ₹8.8 L/yr - ₹11.8 L/yr 8% less
Bajaj Allianz Senior Cluster Head Salary 9 - 24 years exp. (7 salaries)	Unlock ₹12.5 L/yr - ₹14 L/yr 27% more

Senior Cluster Head salary at Bajaj Allianz Life Insurance ranges between ₹7.4 Lakhs to ₹15 Lakhs per year for employees with experience between 8 years to 16 years. Salary estimates are based on 50 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Latest annual salaries shared by Bajaj Allianz Life Insurance Senior Cluster Head

1w ago

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10 years exp.

2mo ago

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11 years exp.

2mo ago

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15 years exp.

2mo ago

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14 years exp.

3mo ago

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12 years exp.

3mo ago

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10 years exp.

3mo ago

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10 years exp.

3mo ago

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8 years exp.

4mo ago

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14 years exp.

4mo ago

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14 years exp.

Experience wise Bajaj Allianz Life Insurance Senior Cluster Head salaries

Last Updated: 1 Feb 2025

Experience	Avg Annual Salary
8 years (4 salaries)	Unlock ₹7.4 L/yr - ₹12.2 L/yr
9 years (5 salaries)	Unlock ₹7.4 L/yr - ₹12.5 L/yr
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10 years (8 salaries)	Unlock ₹8 L/yr - ₹13 L/yr
11 years (4 salaries)	Unlock ₹9.5 L/yr - ₹11.4 L/yr
12 years (6 salaries)	Unlock ₹9.1 L/yr - ₹13.5 L/yr
13 years (7 salaries)	Unlock ₹9 L/yr - ₹14 L/yr
14 years (9 salaries)	Unlock ₹9 L/yr - ₹15 L/yr
15+ years (7 salaries)	Unlock ₹11 L/yr - ₹11.7 L/yr

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Similar Designation salaries in Bajaj Allianz Life Insurance

Cluster Head Salary

(24 salaries)

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₹7 L/yr - ₹13 L/yr

Senior Sales Manager Salary

(158 salaries)

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₹2.4 L/yr - ₹4.5 L/yr

State Head Salary

(36 salaries)

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₹12 L/yr - ₹25.95 L/yr

Business Head Salary

(AmbitionBox Estimate)

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₹47.9 L/yr - ₹52.9 L/yr

Senior Sales Executive Salary

(11 salaries)

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₹2 L/yr - ₹5.12 L/yr

Branch Head Salary

(32 salaries)

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₹6 L/yr - ₹13 L/yr

Store Manager Salary

(AmbitionBox Estimate)

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₹12.2 L/yr - ₹15.5 L/yr

Team Lead Salary

(55 salaries)

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₹1.8 L/yr - ₹8.6 L/yr

General Manager Salary

(4 salaries)

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₹30 L/yr - ₹35 L/yr

General Manager Sales Salary

(AmbitionBox Estimate)

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₹16.7 L/yr - ₹21.4 L/yr

Salary related reviews for Bajaj Allianz Life Insurance

4.0

Rated by 8 employees for salary & benefits

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.

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.

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.

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

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.

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.

Skill development - Bad

+4 more

Sales Officer in New Delhi

Other Department

5.0

• posted on 05 May 2022

5.0

for Salary and Benefits

Likes

... period. Seniors are very supportive and give proper guidance at any situations. Salary on time.

Salary - Excellent

+6 more

Dislikes

There is no dislike for me about this company

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Bajaj Allianz Life Insurance Senior Cluster Head Salary FAQs

What is the salary of Senior Cluster Head at Bajaj Allianz Life Insurance?

Senior Cluster Head salary at Bajaj Allianz Life Insurance in India ranges between ₹7.4 Lakhs to ₹15.0 Lakhs for experience between 8 years to 16 years. According to our estimates it is 8% less than the average Senior Cluster Head Salary in India. Salary estimates are based on 50 latest salaries received from various employees of Bajaj Allianz Life Insurance India.

How does the salary of a Senior Cluster Head at Bajaj Allianz Life Insurance India compare with the average salary range for this job?

The average salary of a Senior Cluster Head at Bajaj Allianz Life Insurance is 8% less than the average salary of a Senior Cluster Head in India. To know exact salary insights, login to view.

Which similar companies are paying more than Bajaj Allianz Life Insurance to a Senior Cluster Head in India?

Bajaj Allianz Senior Cluster Head Salary - ₹12.5 Lakhs to ₹14.0 Lakhs per year
Aditya Birla Sun Life Insurance Senior Cluster Head Salary - ₹9.6 Lakhs to ₹14.0 Lakhs per year
Oyo Rooms Senior Cluster Head Salary - ₹10.0 Lakhs to ₹15.0 Lakhs per year

What is the salary of a Senior Cluster Head in companies similar to Bajaj Allianz Life Insurance in India?

Bajaj Allianz General Insurance Senior Cluster Head Salary - ₹9.0 Lakhs to ₹11.0 Lakhs per year
Jana Small Finance Bank Senior Cluster Head Salary - ₹8.8 Lakhs to ₹11.8 Lakhs per year

What is the estimated take home salary of a Senior Cluster Head at Bajaj Allianz Life Insurance in India?

The estimated take-home salary of a Senior Cluster Head at Bajaj Allianz Life Insurance ranges between ₹77,960 per month to ₹79,985 per month in India. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance Senior Cluster Head salary in India which ranges between ₹7.4 Lakhs to ₹15.0 Lakhs per year for employees with experience between 8 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Senior Cluster Head at Bajaj Allianz Life Insurance?

According to AmbitionBox, 77% of the Bajaj Allianz Life Insurance Senior Cluster Heads reported a notice period of 3 Months, 10% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 61 responses on AmbitionBox in last 2 years.

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Bajaj Allianz Life Insurance Senior Cluster Head Salaries by Location

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Bajaj Allianz Life Insurance Senior Cluster Head Salaries

Bajaj Allianz Life Insurance Senior Cluster Head salary in India ranges between ₹7.4 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 50 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.

Bajaj Allianz Life Insurance Senior Cluster Head salaries in India (Updated 2025)

Companies similar to Bajaj Allianz Life Insurance for Senior Cluster Head

Latest annual salaries shared by Bajaj Allianz Life Insurance Senior Cluster Head

Experience wise Bajaj Allianz Life Insurance Senior Cluster Head salaries

Similar Designation salaries in Bajaj Allianz Life Insurance

Salary related reviews for Bajaj Allianz Life Insurance

Relationship Manager in Bangalore / Bengaluru

Sales Manager in New Delhi

Business Development Manager in Bokaro

Business Development Manager in Narnaul

Sales Officer in New Delhi

Bajaj Allianz Life Insurance Senior Cluster Head Salary FAQs

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Bajaj Allianz Life Insurance Senior Cluster Head Salaries by Location