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

Annual salary range
1 - 11 years exp.
₹2.1 Lakhs - ₹6.8 Lakhs
Salary of majority employees
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15% less than the average Senior Executive Salary in Insurance Companies for 1 - 11 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Senior Executive Salary
1 - 11 years exp. (53 salaries)
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₹2.5 L/yr - ₹6.8 L/yr

BFSI, Investments & Trading
Senior Executive Salary
1 - 11 years exp. (35 salaries)
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₹2.2 L/yr - ₹6.5 L/yr

Finance & Accounting
Senior Executive Salary
1 - 11 years exp. (22 salaries)
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₹3 L/yr - ₹6.8 L/yr

Data Science & Analytics
Senior Executive Salary
3 - 11 years exp. (8 salaries)
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₹4.4 L/yr - ₹5.8 L/yr

Sales & Business Development
Senior Executive Salary
1 - 11 years exp. (8 salaries)
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₹3.5 L/yr - ₹5 L/yr

View all

Last Updated: 21 Mar 2025

Companies similar to Bajaj Allianz Life Insurance for Senior Executive

Company name Avg Annual Salary Open Jobs
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₹1.7 L/yr - ₹5.8 L/yr

arrow icon 12% less
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₹3.5 L/yr - ₹7.2 L/yr

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6 job openings
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₹1.8 L/yr - ₹6 L/yr

arrow icon 20% less
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Shriram Life Insurance Senior Executive Salary

2 - 7 years exp. (175 salaries)

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₹2 L/yr - ₹5 L/yr

arrow icon 29% less
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HDFC Life Senior Executive Salary

0 - 9 years exp. (164 salaries)

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₹2.1 L/yr - ₹5 L/yr

arrow icon 20% less
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₹2 L/yr - ₹4.5 L/yr

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₹2.4 L/yr - ₹5.4 L/yr

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Tata AIA Life Insurance Senior Executive Salary

3 - 11 years exp. (120 salaries)

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₹3.1 L/yr - ₹10.3 L/yr

arrow icon 37% more
2 job openings
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₹2.2 L/yr - ₹6 L/yr

arrow icon 15% less
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₹2.2 L/yr - ₹7.5 L/yr

arrow icon 7% less
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Senior Executive salary at Bajaj Allianz Life Insurance ranges between ₹2.1 Lakhs to ₹6.8 Lakhs per year for employees with experience between 1 year to 11 years. Salary estimates are based on 215 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Latest annual salaries shared by Bajaj Allianz Life Insurance Senior Executive

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Experience wise Bajaj Allianz Life Insurance Senior Executive salaries

Last Updated: 21 Mar 2025

Experience Avg Annual Salary
1 year  (13 salaries)

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₹3 L/yr - ₹5.5 L/yr
2 years  (21 salaries)

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₹2.5 L/yr - ₹6.5 L/yr
3 years  (25 salaries)

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₹2.1 L/yr - ₹6 L/yr
4 years  (31 salaries)

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₹2.2 L/yr - ₹6.5 L/yr
5 years  (32 salaries)

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₹2.4 L/yr - ₹6.5 L/yr
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Bajaj Allianz Life Insurance Senior Executive Salary and Career Growth

From

To

Senior Executive

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1 - 11 years exp.

Associate Vice President

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10 - 23 years exp.

Senior Executive

1 - 11 years exp.
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Assistant Manager

2 - 14 years exp.
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arrow icon 72% hike

Deputy Manager

1 - 16 years exp.
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arrow icon 26% hike
Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Bajaj Allianz Life Insurance

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₹1.4 L/yr - ₹3 L/yr
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₹3 L/yr - ₹5.5 L/yr
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₹4.65 L/yr - ₹4.65 L/yr
Senior Analyst Salary
(AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr
Senior Accounts Officer Salary
(AmbitionBox Estimate)
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₹9 L/yr - ₹11.5 L/yr
Accountant Salary
(AmbitionBox Estimate)
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₹4.9 L/yr - ₹6.2 L/yr
Analyst Salary
(5 salaries)
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₹3 L/yr - ₹7.5 L/yr
Senior Process Associate Salary
(AmbitionBox Estimate)
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₹4.8 L/yr - ₹6.1 L/yr
Deputy Manager Salary
(331 salaries)
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₹5 L/yr - ₹16.48 L/yr
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₹3 L/yr - ₹9.1 L/yr

Top skills at Bajaj Allianz Life Insurance for Senior Executive

Training Sales Relationship Management Claims Management Grievance Handling

Salary related reviews for Bajaj Allianz Life Insurance

3.2

Rated by 32 employees for salary & benefits

Full Time

 · 

Product Management Department

1.0
  •  posted on 24 Jan 2025

1.0
 for  Salary and Benefits

Likes

Nothing.

Dislikes

...w manager are treated the worst. Designation will not help you find another job. No increment or promotion unless you are from tier 1 college or your salary is above 30 lpa. Skill development is only provided for the person belonging to their community. Senior positions are occupied by Malyalam speaking community and hence increment and promotions are only for them. No outdoor trips as it's only applicable for senior positions. Junior employees don't stay more than 3 months in the company. Company culture is the worst across Bajaj companies. They treat employees in such a way that they should jump off their building and end their lives as they encourage their family members and friends in other companies to not hire their team members. Hence an employee is stuck for rest of their lives in the same place with the lowest salary.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Human Resources Department

1.0
  •  posted on 18 Oct 2023

4.0
 for  Salary and Benefits

Likes

Salary is the only good part.

  • Salary - Good

Dislikes

It’s more like a government company where politics is valued more than efforts. Employees are not up to the mark with their knowledge. Not a very friendly environment for women to work at. Vehicles safety is a major concern as vehicles get keyed by random bystanders,etc.

read more
  • Job security - Bad
  • +4 more

Finance & Accounting Department

5.0
  •  posted on 19 Mar 2021

1.0
 for  Salary and Benefits

Likes

...d different processes. Managers are helping and can add value to your knowledge. Pay is good compare to the industry.

read more
  • Skill development - Good
  • +3 more

Dislikes

Sometime higher authority/Senior post employee speak louder and that time employee are going to dimotivate.

  • Salary - Bad

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 18 Mar 2025

5.0
 for  Salary and Benefits

Likes

In bajaj salary credit on time always.

  • Salary - Excellent

Dislikes

In Bajaj there is no upgrade in ur role and responsibilities and no one want to upgrade your. No extra skill learning activities done. As relevant work of ur role.

read more
  • Job security - Poor

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 17 Mar 2025

1.0
 for  Salary and Benefits

Likes

No comments

Dislikes

Not getting salary on time, bad Area manger, bad HR, Always getting negative reviews no matter how much efforts we are giving . No support from highers ups. Getting too much calls and VC even on holidays. Still didn't got experience letter.

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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Bajaj Allianz Life Insurance Senior Executive Salary FAQs

What is the salary of Senior Executive at Bajaj Allianz Life Insurance ?
The average salary of a Senior Executive at Bajaj Allianz Life Insurance in India typically ranges from ₹2.1 Lakhs to ₹6.8 Lakhs per year, depending on experience (from 1 year to 11 years).

The top 10% of Senior Executive at Bajaj Allianz Life Insurance earn more than ₹5.8 Lakhs per year, and the top 1% earn over ₹6.6 Lakhs per year. Senior Executive 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 200+ Bajaj Allianz Life Insurance employees in India.
What is the estimated take home salary of a Senior Executive at Bajaj Allianz Life Insurance in India?
The estimated take-home salary of a Senior Executive at Bajaj Allianz Life Insurance in India typically ranges from ₹35,471 to ₹36,704 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹6.8 Lakhs per year for employees with experience ranging from 1 year to 11 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 200+ 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 Executive at Bajaj Allianz Life Insurance ?
To be a Senior Executive at Bajaj Allianz Life Insurance in india, the key skills required include:

  • - Training
  • - Sales
  • - Relationship Management
  • - Claims Management
  • - Grievance Handling

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 Executive in India?
Tata AIA Life Insurance ₹3.1 Lakhs to ₹10.3 Lakhs per year
AXA ₹3.9 Lakhs to ₹8.5 Lakhs per year
Allianz ₹4.0 Lakhs to ₹8.7 Lakhs per year
Bajaj Allianz General Insurance ₹3.5 Lakhs to ₹7.2 Lakhs per year
Allstate ₹2.5 Lakhs to ₹6.5 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 Executive in companies similar to Bajaj Allianz Life Insurance in India?
The salary of a Senior Executive 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:

AON Global Insurance Brokers ₹4.3 Lakhs to ₹5.3 Lakhs per year
Allianz Partners ₹3.0 Lakhs to ₹7.0 Lakhs per year
ICICI Lombard General Insurance Company ₹2.2 Lakhs to ₹7.5 Lakhs per year
Gallagher ₹1.8 Lakhs to ₹9.0 Lakhs per year
HDFC Ergo General Insurance ₹1.7 Lakhs to ₹5.8 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 Executive at Bajaj Allianz Life Insurance in India?
The salary growth for a Senior Executive at Bajaj Allianz Life Insurance depends on factors such as experience, performance, and promotions. On average, a Senior Executive can expect the following growth trajectory at Bajaj Allianz Life Insurance:

Experience Average Salary Range
1 year ₹3.0 Lakhs to ₹5.5 Lakhs per year
2 years ₹2.5 Lakhs to ₹6.5 Lakhs per year
3 years ₹2.1 Lakhs to ₹6.0 Lakhs per year
4 years ₹2.2 Lakhs to ₹6.5 Lakhs per year
and so on.

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Bajaj Allianz Life Insurance Senior Executive salary in India ranges between ₹2.1 Lakhs to ₹6.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 215 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.