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Bajaj Allianz Life Insurance SSM salaries in India (Updated 2025)

Annual salary range
2 - 6 years exp.
₹3 Lakhs - ₹3.1 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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5% less than the average SSM Salary in Insurance Companies for 2 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading
SSM Salary
4 - 5 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹3.1 L/yr

Finance & Accounting
SSM Salary
5 - 6 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹3.1 L/yr

Sales & Business Development
SSM Salary
2 - 4 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹3.1 L/yr

Last Updated: 10 Mar 2025

Companies similar to Bajaj Allianz Life Insurance for SSM

Company name Avg Annual Salary Open Jobs
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HDFC Life SSM Salary

3 - 9 years exp. (6 salaries)

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₹2.8 L/yr - ₹5.5 L/yr

arrow icon 42% more
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Reliance Nippon Life Insurance SSM Salary

2 - 7 years exp. (3 salaries)

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₹2.6 L/yr - ₹3.2 L/yr

arrow icon 7% less
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PNB MetLife SSM Salary

7 - 8 years exp. (3 salaries)

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₹4 L/yr - ₹5.2 L/yr

arrow icon 49% more
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Bajaj Allianz General Insurance SSM Salary

1 - 7 years exp. (5 salaries)

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₹3 L/yr - ₹4 L/yr

arrow icon 8% more
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Dabur SSM Salary

1 - 8 years exp. (22 salaries)

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₹1.6 L/yr - ₹4.5 L/yr

arrow icon 11% less
SSM salary at Bajaj Allianz Life Insurance ranges between ₹3 Lakhs to ₹3.1 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 8 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Latest annual salaries shared by Bajaj Allianz Life Insurance SSM

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Experience wise Bajaj Allianz Life Insurance SSM salaries

Last Updated: 10 Mar 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹3 L/yr - ₹5.5 L/yr
3 years (AmbitionBox Estimate)

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₹3 L/yr - ₹5.5 L/yr
4 years (AmbitionBox Estimate)

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₹3 L/yr - ₹5.5 L/yr
5 years (AmbitionBox Estimate)

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₹3 L/yr - ₹5.5 L/yr
6 years (AmbitionBox Estimate)

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₹3 L/yr - ₹5.5 L/yr

Salary related reviews for Bajaj Allianz Life Insurance

3.7

Rated by 8 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 31 Jan 2025

5.0
 for  Salary and Benefits

Likes

The salary and perks offered to employees are excellent, and the work ethics are truly commendable . You won't regret your decision to work here. There is no favoritism and the management is outstanding.

read more
  • Salary - Excellent
  • +6 more

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 29 Jan 2025

5.0
 for  Salary and Benefits

Likes

Balic is a good company to work .. balic has given my carrier high..

  • Salary - Excellent
  • +6 more

Dislikes

...e centricity balic does not look even after Work hard and good work for balic .. company does not increase no salary as per expectations.

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Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 08 Jan 2025

5.0
 for  Salary and Benefits

Likes

The environment is good, as well as the pay package; which is very good. There's a lot of scope of learning here in the industry. Management is a bit clueless and less emotionally oriented but overall it's a good place or organisation to work for or work in. Good amount of promotions are there, trips national or international they have all to keep their people happy and motivated.

read more
  • Salary - Excellent
  • +3 more

Dislikes

Nothing as of now.

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 27 Dec 2024

4.0
 for  Salary and Benefits

Likes

...ect channel there is no work life balance, no job security. Worst work culture. Only salary good

read more
  • Salary - Good

Dislikes

Specially Direct channel worst job culture. All seniors are rude, Cluster manager, RH all are too much bad. I suggest not to join is direct Channel in BALIC.

read more
  • Skill development - Bad
  • +5 more

Full Time

 · 

IT & Information Security Department

1.0
  •  posted on 05 Oct 2024

1.0
 for  Salary and Benefits

Likes

No any reason 👎

Dislikes

...gnity and respect, and it's our responsibility to speak out against such abuses." My working period is normal, Bu my year promotion is stuck, after revoke not increase my salary, after 3 months he was suggested per month salary increas next coming mong. by include people, mis-ber. ve with engineer, if you selected b, Hari. Naveen,, denied from job on immediately I think my 3 year lost in precision tech serve. Thank app for taking feedback on worker end, Thank to all, best wishes you for luck.

read more
  • Salary - Bad
  • +6 more
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Bajaj Allianz Life Insurance SSM Salary FAQs

What is the salary of SSM at Bajaj Allianz Life Insurance ?
The average salary of a SSM at Bajaj Allianz Life Insurance in India typically ranges from ₹3.0 Lakhs to ₹3.1 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of SSM at Bajaj Allianz Life Insurance earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. SSM 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 8 Bajaj Allianz Life Insurance employees in India.
What is the estimated take home salary of a SSM at Bajaj Allianz Life Insurance in India?
The estimated take-home salary of a SSM at Bajaj Allianz Life Insurance in India typically ranges from ₹22,054 to ₹23,537 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹3.1 Lakhs per year for employees with experience ranging from 2 years to 6 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 8 salaries received from various employees of Bajaj Allianz Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Bajaj Allianz Life Insurance for SSM in India?
PNB MetLife ₹4.0 Lakhs to ₹5.2 Lakhs per year
HDFC Life ₹2.8 Lakhs to ₹5.5 Lakhs per year
Bajaj Allianz General Insurance ₹3.0 Lakhs to ₹4.0 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 SSM in companies similar to Bajaj Allianz Life Insurance in India?
The salary of a SSM 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:

Reliance Nippon Life Insurance ₹2.6 Lakhs to ₹3.2 Lakhs per year
Dabur ₹1.6 Lakhs to ₹4.5 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 SSM at Bajaj Allianz Life Insurance in India?
The salary growth for a SSM at Bajaj Allianz Life Insurance depends on factors such as experience, performance, and promotions. On average, a SSM can expect the following growth trajectory at Bajaj Allianz Life Insurance:

Experience Average Salary Range
2 years ₹3.0 Lakhs to ₹5.5 Lakhs per year
3 years ₹3.0 Lakhs to ₹5.5 Lakhs per year
4 years ₹3.0 Lakhs to ₹5.5 Lakhs per year
5 years ₹3.0 Lakhs to ₹5.5 Lakhs per year
and so on.

Tell us how to improve this page.

Bajaj Allianz Life Insurance SSM salary in India ranges between ₹3 Lakhs to ₹3.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.