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4.0

based on 4.5k Reviews

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Bajaj Allianz Life Insurance State Head salaries in Mumbai

Annual salary range
17 - 22 years exp.
₹15 Lakhs - ₹23.2 Lakhs
Salary of majority employees
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6% more than the average State Head Salary in Insurance Companies for 17 - 22 years of experience

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Salaries in different departments

BFSI, Investments & Trading
State Head Salary
17 - 21 years exp. (4 salaries)
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₹16.3 L/yr - ₹23.2 L/yr

Sales & Business Development
State Head Salary
19 - 22 years exp. (3 salaries)
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₹15 L/yr - ₹21 L/yr

Last Updated: 6 Dec 2024

Companies similar to Bajaj Allianz Life Insurance for State Head in Mumbai

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Bajaj Allianz Life Insurance State Head Salary

17 - 22 years exp. (7 salaries)

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₹15 L/yr - ₹23.2 L/yr

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State Head salary at Bajaj Allianz Life Insurance ranges between ₹15 Lakhs to ₹23.2 Lakhs per year for employees with experience between 17 years to 22 years. Salary estimates are based on 7 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Latest annual salaries shared by Bajaj Allianz Life Insurance State Head in Mumbai

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18 years exp.
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22 years exp.
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20 years exp.
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21 years exp.
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17 years exp.
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19 years exp.
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17 years exp.

Experience wise Bajaj Allianz Life Insurance State Head salaries in Mumbai

Last Updated: 6 Dec 2024

Experience Avg Annual Salary
15+ years  (7 salaries)

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₹15 L/yr - ₹23.2 L/yr

Similar Designation salaries in Bajaj Allianz Life Insurance

Deputy Manager Salary
(70 salaries)
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₹5 L/yr - ₹16 L/yr
Sales Manager Salary
(19 salaries)
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₹2.4 L/yr - ₹5 L/yr
Branch Manager Salary
(15 salaries)
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₹5.1 L/yr - ₹12 L/yr
Area Manager Salary
(13 salaries)
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₹5 L/yr - ₹13 L/yr
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₹15 L/yr - ₹23 L/yr
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₹5 L/yr - ₹14.3 L/yr
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₹1.2 L/yr - ₹2.8 L/yr

Salary related reviews for Bajaj Allianz Life Insurance

5.0

Rated by 2 employees for salary & benefits

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.

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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.

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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.

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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

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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

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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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.

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.

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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.

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Dislikes

There is no dislike for me about this company

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Bajaj Allianz Life Insurance State Head Salary FAQs

What is the salary of State Head at Bajaj Allianz Life Insurance Mumbai?
State Head salary at Bajaj Allianz Life Insurance in Mumbai ranges between ₹15.0 Lakhs to ₹23.2 Lakhs for experience between 17 years to 22 years. According to our estimates it is 6% more than the average State Head Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Bajaj Allianz Life Insurance Mumbai.
How does the salary of a State Head at Bajaj Allianz Life Insurance Mumbai compare with the average salary range for this job?
The average salary of a State Head at Bajaj Allianz Life Insurance is 6% more than the average salary of a State Head in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than Bajaj Allianz Life Insurance to a State Head in Mumbai?
  • Paytm State Head Salary - ₹16.0 Lakhs to ₹33.0 Lakhs per year
  • Capital Foods State Head Salary - ₹19.5 Lakhs to ₹34.0 Lakhs per year
What is the salary of a State Head in companies similar to Bajaj Allianz Life Insurance in Mumbai?
  • Asian Paints State Head Salary - ₹12.0 Lakhs to ₹17.3 Lakhs per year
  • IDFC FIRST Bank State Head Salary - ₹7.9 Lakhs to ₹25.0 Lakhs per year
  • ICICI Prudential Life Insurance State Head Salary - ₹5.4 Lakhs to ₹17.7 Lakhs per year
What is the estimated take home salary of a State Head at Bajaj Allianz Life Insurance in Mumbai?
The estimated take-home salary of a State Head at Bajaj Allianz Life Insurance ranges between ₹1,23,952 per month to ₹1,27,736 per month in Mumbai. The take-home salary calculation is based on the average Bajaj Allianz Life Insurance State Head salary in India which ranges between ₹15.0 Lakhs to ₹23.2 Lakhs per year for employees with experience between 17 years to 22 years. Check how did we calculate take home salary?
What is the notice period for State Head at Bajaj Allianz Life Insurance in Mumbai?
According to AmbitionBox, 56% of the Bajaj Allianz Life Insurance State Heads in Mumbai reported a notice period of 3 Months, 44% reported a notice period of 2 Months.This is based on 9 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Bajaj Allianz Life Insurance State Head salary in Mumbai ranges between ₹15 Lakhs to ₹23.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.