Bajaj Allianz Life Insurance Senior Sales Manager Salaries by 100+ Employees (Updated 2025)

0 - 8 years exp.

₹2.4 Lakhs - ₹4.5 Lakhs

Salary of majority employees

70% less than the average Senior Sales Manager Salary in Insurance Companies for 0 - 8 years of experience

Interested in this particular role? 7 job openings

Salaries in different departments

Sales & Business Development Senior Sales Manager Salary 0 - 8 years exp. (45 salaries)	₹2.4 L/yr - ₹4.5 L/yr
BFSI, Investments & Trading Senior Sales Manager Salary 0 - 7 years exp. (27 salaries)	₹2.5 L/yr - ₹4.5 L/yr
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Marketing & Communication Senior Sales Manager Salary 0 - 8 years exp. (12 salaries)	₹2.8 L/yr - ₹3.2 L/yr
Finance & Accounting Senior Sales Manager Salary 0 - 6 years exp. (7 salaries)	₹2.7 L/yr - ₹3.1 L/yr
Customer Success, Service & Operations Senior Sales Manager Salary 0 - 6 years exp. (5 salaries)	₹2.9 L/yr - ₹3.1 L/yr

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Last Updated: 8 Mar 2025

Companies similar to Bajaj Allianz Life Insurance for Senior Sales Manager

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Health Insurance Co Senior Sales Manager Salary 2 - 10 years exp. (294 salaries)	₹3 L/yr - ₹6.6 L/yr 55% more
Bajaj Allianz General Insurance Senior Sales Manager Salary 4 - 11 years exp. (225 salaries)	₹3 L/yr - ₹9 L/yr 69% more	21 job openings
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HDFC Life Senior Sales Manager Salary 4 - 14 years exp. (137 salaries)	₹2.3 L/yr - ₹8.5 L/yr 99% more	2 job openings
ICICI Lombard General Insurance Company Senior Sales Manager Salary 4 - 17 years exp. (144 salaries)	₹4.5 L/yr - ₹16 L/yr 183% more
Aditya Birla Sun Life Insurance Senior Sales Manager Salary 0 - 12 years exp. (75 salaries)	₹2 L/yr - ₹10.7 L/yr 87% more
Kotak Mahindara Life Insurance Senior Sales Manager Salary 1 - 11 years exp. (64 salaries)	₹3 L/yr - ₹6.8 L/yr 55% more
Star Health & Allied Insurance Senior Sales Manager Salary 3 - 15 years exp. (70 salaries)	₹2.9 L/yr - ₹10.2 L/yr 145% more
Reliance Nippon Life Insurance Senior Sales Manager Salary 1 - 9 years exp. (56 salaries)	₹2.3 L/yr - ₹5 L/yr 1% more
ICICI Prudential Life Insurance Senior Sales Manager Salary 0 - 10 years exp. (33 salaries)	₹3.3 L/yr - ₹8.1 L/yr 36% more
Tata AIA Life Insurance Senior Sales Manager Salary 4 - 11 years exp. (30 salaries)	₹3.5 L/yr - ₹9 L/yr 93% more
Tata AIG Senior Sales Manager Salary 4 - 11 years exp. (27 salaries)	₹4.5 L/yr - ₹10.6 L/yr 124% more
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Niva Bupa Health Insurance Company Senior Sales Manager Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr 59% more
Axis Max Life Insurance Senior Sales Manager Salary 5 - 13 years exp. (17 salaries)	₹4.4 L/yr - ₹7.5 L/yr 74% more
HDFC Ergo General Insurance Senior Sales Manager Salary 4 - 10 years exp. (15 salaries)	₹3.6 L/yr - ₹9.5 L/yr 47% more
Shriram Life Insurance Senior Sales Manager Salary 2 - 16 years exp. (7 salaries)	₹2.5 L/yr - ₹8 L/yr 54% more
SBI Life Insurance Company Senior Sales Manager Salary 9 - 16 years exp. (4 salaries)	₹3.4 L/yr - ₹4.5 L/yr 32% more

Senior Sales Manager salary at Bajaj Allianz Life Insurance ranges between ₹2.4 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 157 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Experience wise Bajaj Allianz Life Insurance Senior Sales Manager salaries

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
Fresher (28 salaries)	₹3 L/yr - ₹4.2 L/yr
1 year (21 salaries)	₹2.9 L/yr - ₹4.5 L/yr
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2 years (20 salaries)	₹2.9 L/yr - ₹4.5 L/yr
3 years (27 salaries)	₹2.4 L/yr - ₹4.5 L/yr
4 years (19 salaries)	₹2.5 L/yr - ₹3.5 L/yr
5 years (14 salaries)	₹2.9 L/yr - ₹4.2 L/yr
6 years (17 salaries)	₹2.7 L/yr - ₹3.6 L/yr
7 years (8 salaries)	₹2.4 L/yr - ₹3.8 L/yr
8 years (3 salaries)	₹2.8 L/yr - ₹4.2 L/yr

View all

From

Senior Sales Manager

₹

Lakhs/yr

0 - 8 years exp.

Chief Branch Manager

₹

Lakhs/yr

10 - 21 years exp.

Senior Sales Manager

0 - 8 years exp.

Branch Manager

7 - 18 years exp.

162% hike

Senior Branch Manager

9 - 21 years exp.

29% 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

Zonal Sales Manager Salary

(4 salaries)

₹12 L/yr - ₹38 L/yr

Territory Sales Manager Salary

(9 salaries)

₹4.9 L/yr - ₹9.1 L/yr

Area Sales Manager Salary

(25 salaries)

₹3.45 L/yr - ₹13.56 L/yr

Regional Manager Salary

(105 salaries)

₹7 L/yr - ₹23 L/yr

Sales Manager Salary

(209 salaries)

₹1.9 L/yr - ₹7 L/yr

Assistant Sales Manager Salary

(21 salaries)

₹1.8 L/yr - ₹3.5 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹12.2 L/yr - ₹15.5 L/yr

Senior Sales Executive Salary

(11 salaries)

₹2 L/yr - ₹5.12 L/yr

Branch Manager Salary

(126 salaries)

₹4.5 L/yr - ₹12.85 L/yr

Area Manager Salary

(212 salaries)

₹5 L/yr - ₹16.5 L/yr

Top skills at Bajaj Allianz Life Insurance for Senior Sales Manager

Sales Management Sales LI Customer Acquisition Policy Issuance Interpersonal Skills Life Insurance Market Intelligence Life Insurance Stakeholder Management Business Development Field Sales Region Presentation Skills Insurance Sales

Salary related reviews for Bajaj Allianz Life Insurance

3.9

Rated by 105 employees for salary & benefits

Senior Sales Manager

BFSI, Investments & Trading Department

5.0

• posted on 25 Feb 2020

3.0

for Salary and Benefits

Likes

In company products are very good compare to other companies $ ulips product are very attreactive

Skill development - Good

+2 more

Dislikes

Overall company is very Good organisation but salary structure not good I would like revise salary structure every level

Senior Sales Manager

Life insurance Department

3.0

• posted on 04 Jan 2019

2.0

for Salary and Benefits

Likes

Only like salary package

Dislikes

Many brances out of india BM are not cooperating with employee and also no sense to dealing with employee and their clients. I request my seniors must do inspection on BM and every branch after two three months. Also lack of knowledge how to behave with your employee ,seniors and juniors.overall company is very good.

Salary - Poor

+5 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.

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.

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Bajaj Allianz Life Insurance Senior Sales Manager Salary FAQs

What is the salary of Senior Sales Manager at Bajaj Allianz Life Insurance ?

The average salary of a Senior Sales Manager at Bajaj Allianz Life Insurance in India typically ranges from ₹2.4 Lakhs to ₹4.5 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of Senior Sales Manager at Bajaj Allianz Life Insurance earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Senior Sales 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 100+ Bajaj Allianz Life Insurance employees in India.

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

The estimated take-home salary of a Senior Sales Manager at Bajaj Allianz Life Insurance in India typically ranges from ₹22,668 to ₹24,141 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from Fresher to 8 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 100+ 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 Sales Manager at Bajaj Allianz Life Insurance ?

To be a Senior Sales Manager at Bajaj Allianz Life Insurance in india, the key skills required include:

- Sales Management
- Sales
- LI
- Customer Acquisition
- Policy Issuance

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 Sales Manager in India?

ICICI Lombard General Insurance Company	₹4.5 Lakhs to ₹16.0 Lakhs per year
Star Health & Allied Insurance	₹2.9 Lakhs to ₹10.2 Lakhs per year
Tata AIG	₹4.5 Lakhs to ₹10.6 Lakhs per year
HDFC Life	₹2.3 Lakhs to ₹8.5 Lakhs per year
Tata AIA Life Insurance	₹3.5 Lakhs to ₹9.0 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 Sales Manager in companies similar to Bajaj Allianz Life Insurance in India?

The salary of a Senior Sales Manager 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:

Aditya Birla Sun Life Insurance	₹2.0 Lakhs to ₹10.7 Lakhs per year
Axis Max Life Insurance	₹4.4 Lakhs to ₹7.5 Lakhs per year
Bajaj Allianz General Insurance	₹3.0 Lakhs to ₹9.0 Lakhs per year
Niva Bupa Health Insurance Company	₹4.4 Lakhs to ₹5.6 Lakhs per year
Aditya Birla Health Insurance Co	₹3.0 Lakhs to ₹6.6 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 Sales Manager at Bajaj Allianz Life Insurance in India?

The salary growth for a Senior Sales Manager at Bajaj Allianz Life Insurance depends on factors such as experience, performance, and promotions. On average, a Senior Sales Manager can expect the following growth trajectory at Bajaj Allianz Life Insurance:

Experience	Average Salary Range
Fresher	₹3.0 Lakhs to ₹4.2 Lakhs per year
1 year	₹2.9 Lakhs to ₹4.5 Lakhs per year
2 years	₹2.9 Lakhs to ₹4.5 Lakhs per year
3 years	₹2.4 Lakhs to ₹4.5 Lakhs per year

and so on.

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Bajaj Allianz Life Insurance Senior Sales Manager Salaries by Location

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Bajaj Allianz Life Insurance Senior Sales Manager Salaries

Bajaj Allianz Life Insurance Senior Sales Manager salary in India ranges between ₹2.4 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 157 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.

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

Companies similar to Bajaj Allianz Life Insurance for Senior Sales Manager

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

Experience wise Bajaj Allianz Life Insurance Senior Sales Manager salaries

Similar Designation salaries in Bajaj Allianz Life Insurance

Top skills at Bajaj Allianz Life Insurance for Senior Sales Manager

Salary related reviews for Bajaj Allianz Life Insurance

Senior Sales Manager

Senior Sales Manager

Relationship Manager in Bangalore / Bengaluru

Sales Manager in New Delhi

Business Development Manager in Bokaro

Bajaj Allianz Life Insurance Senior Sales Manager Salary FAQs

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Bajaj Allianz Life Insurance Senior Sales Manager Salaries by Location