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Bajaj Allianz General Insurance Sales Manager Bancassurance salaries in India (Updated 2025)

Annual salary range
1 - 13 years exp.
₹2.5 Lakhs - ₹6 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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Sales Manager Bancassurance Salary at Bajaj Allianz General Insurance ranges between ₹2.5 Lakhs to ₹6 Lakhs per year for employees with experience between 1 year to 13 years. Salary estimates are based on 18 latest... Read more

At par with the average Sales Manager Bancassurance Salary in Insurance Companies for 1 - 13 years of experience

Interested in this particular role? 58 job openings

What are the roles & responsibilities of a Sales Manager Bancassurance at Bajaj Allianz General Insurance?

Execution

  • Analyze customer segmentation and sales trends to assess business potential
  • Conduct training for banking partners on regulatory guidelines and products
  • Plan branch activation activities to enhance penetration and potential
  • Collaborate with cross-functional teams for seamless execution

Read full roles & responsibilities

Last Updated: 25 Feb 2025

Companies similar to Bajaj Allianz General Insurance for Sales Manager Bancassurance

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Tata AIG Sales Manager Bancassurance Salary

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₹5.5 L/yr - ₹11 L/yr

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₹2.3 L/yr - ₹4.2 L/yr

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Bajaj Allianz General Insurance Sales Manager Bancassurance salaries by

Years of experience Avg. annual salary
1 year (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.4 L/yr
2 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.5 L/yr
3 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.6 L/yr
4 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹4.7 L/yr
5 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.8 L/yr
View all salaries by experience

Similar Designation Salaries at Bajaj Allianz General Insurance

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₹1.8 L/yr - ₹6.5 L/yr

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₹6.3 L/yr - ₹18 L/yr

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₹2.6 L/yr - ₹7 L/yr

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₹4.2 L/yr - ₹18.3 L/yr

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₹2 L/yr - ₹4.4 L/yr

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₹3.1 L/yr - ₹4.1 L/yr

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₹11.5 L/yr - ₹38 L/yr

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₹4.8 L/yr - ₹6.4 L/yr

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₹3.5 L/yr - ₹6.4 L/yr

Area Head Salary
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₹6.8 L/yr - ₹14.7 L/yr

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Top trending discussions

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Career Growth
2w (edited)
pleasantfox
·
works at
Insurance Sector
Stability vs Growth
I worked in a company for 20 years and suddenly put off role. Searching jobs I realised I am over age for various roles that I could do and less experienced for Leadership Roles as my exposure was limited. I always thought I am earning decent money and can work another 7 years and retire at 50. Though the younger generation is much smarter I still want to advise them (BFSI specific) * Work in a role for max 2-3 years and switch when you feel you are done. * By age of 30, if you are still earning less than 10 lakh you are not growing * By age of 35 you must become AVP as no company will hire AVP if you are more than 36. *Be loyal to your self, not your organization. * Most importantly save atleast 30% or more of whatever your CTC. Donot spend much with every raise. * Buy a property, and pay loans before 35. In tough times it's only Savings that give you cushion and peace nothing else
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Salary related reviews for Bajaj Allianz General Insurance

4.9

Rated by 8 employees for salary & benefits

Bancassurance Channel Department

5.0
  •  updated on 16 Jun 2019

4.0
 for  Salary and Benefits

Likes

... different banks . We got the Best environment to work a mental stress free job. And specially the company never stops anybody's salary , remunerations etc. We get many good opportunity to learn new things and implement the same on the required places.

read more
  • Salary - Good
  • +5 more

Dislikes

Compensation is decent but the growth is slow. Managers do not value the individual's unique strengths at the time of increments.

read more

BFSI, Investments & Trading Department

4.0
  •  updated on 13 Aug 2019

3.0
 for  Salary and Benefits

Likes

Excellent work atmosphere, One of the good brand, Employees benefits are paid on time, excellent service to customers , Excellent career growth.

read more
  • Skill development - Good
  • +4 more

Dislikes

There is no any negative thing in Bajaj Allianz General Insurance Co Ltd.

  • Job security - Poor

Full Time

 · 

Other Department

1.0
  •  updated on 27 Feb 2025

5.0
 for  Salary and Benefits

Likes

1. Process and Applications 2. Salary on time 3.You Can Apply Advance Salary(if Required) 4. Zonal Hr(Ipshita Ma'am) so Helpful, Other Hr just following management order just like puppet. 5.Banca Channels are good.

read more
  • Salary - Excellent

Dislikes

1. Retail Team has worst Culture Specially in Kolkata Zone. 2. No Work life balance. 3. Don't in Susanta Bose and Prakash Gupta's Team(if you don't want to Destroy your career) 4.terrible micro management culture. 5.Leave Managements are poor. 6.Zero Work life Balance. 7. Zero Job Security,they even issue PIP after Regisn. Bekar Management Policies, Retail Channel meh jana maat,Specially Channel like Growth Markets

read more
  • Job security - Bad
  • +3 more

Full Time

 · 

Customer Success, Service & Operations Department

5.0
  •  updated on 10 Feb 2025

5.0
 for  Salary and Benefits

Likes

Company environment, salary, also other department very supportive, friendly environment also all festival are celebrated there.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Hr not taking action against loyal or hardworking peoples when they was complaining against the exact issue.. they just ignore employees complaint because of management.

read more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  updated on 06 Jan 2025

4.0
 for  Salary and Benefits

Likes

Several opportunities and with in time salary for each and everyone.

  • Salary - Good
  • +3 more

Dislikes

Worst work life balance that I ever seen and experienced in bajaj motor claim department. And for me that's the main thing for a human being.

read more
  • Work-life balance - Bad
see more salary related reviews

Bajaj Allianz General Insurance Sales Manager Bancassurance Salary FAQs

What is the salary of Sales Manager Bancassurance at Bajaj Allianz General Insurance ?
The average salary of a Sales Manager Bancassurance at Bajaj Allianz General Insurance in India typically ranges from ₹2.5 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 1 year to 13 years).

The top 10% of Sales Manager Bancassurance at Bajaj Allianz General Insurance earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Sales Manager Bancassurance Salaries at Bajaj Allianz General 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 10+ Bajaj Allianz General Insurance employees in India.
What is the estimated take home salary of a Sales Manager Bancassurance at Bajaj Allianz General Insurance in India?
The estimated take-home salary of a Sales Manager Bancassurance at Bajaj Allianz General Insurance in India typically ranges from ₹32,553 to ₹33,829 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 1 year to 13 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 10+ salaries received from various employees of Bajaj Allianz General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Sales Manager Bancassurance at Bajaj Allianz General Insurance ?
To be a Sales Manager Bancassurance at Bajaj Allianz General Insurance in india, the key skills required include:

  • - Operations
  • - Relationship Management
  • - Private Banking
  • - Customer Segmentation
  • - Servicing

These skills are highly valued at Bajaj Allianz General Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Bajaj Allianz General Insurance for Sales Manager Bancassurance in India?
Tata AIG ₹5.5 Lakhs to ₹11.0 Lakhs per year
ICICI Prudential Life Insurance ₹5.5 Lakhs to ₹11.1 Lakhs per year
ICICI Lombard General Insurance Company ₹4.3 Lakhs to ₹9.4 Lakhs per year
Reliance General Insurance ₹3.3 Lakhs to ₹7.8 Lakhs per year
Kotak Mahindara Life Insurance ₹3.5 Lakhs to ₹5.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bajaj Allianz General Insurance, depending on the role and experience level.
What is the salary of a Sales Manager Bancassurance in companies similar to Bajaj Allianz General Insurance in India?
The salary of a Sales Manager Bancassurance at companies similar to Bajaj Allianz General Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Ergo General Insurance ₹3.1 Lakhs to ₹5.3 Lakhs per year
Aditya Birla Sun Life Insurance ₹1.9 Lakhs to ₹6.5 Lakhs per year
Axis Max Life Insurance ₹1.8 Lakhs to ₹4.7 Lakhs per year
Tata AIA Life Insurance ₹2.3 Lakhs to ₹4.0 Lakhs per year
Bajaj Allianz Life Insurance ₹2.3 Lakhs to ₹4.2 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 Sales Manager Bancassurance at Bajaj Allianz General Insurance in India?
The salary growth for a Sales Manager Bancassurance at Bajaj Allianz General Insurance depends on factors such as experience, performance, and promotions. On average, a Sales Manager Bancassurance can expect the following growth trajectory at Bajaj Allianz General Insurance:

Experience Average Salary Range
1 year ₹3.4 Lakhs to ₹4.4 Lakhs per year
2 years ₹3.5 Lakhs to ₹4.5 Lakhs per year
3 years ₹3.6 Lakhs to ₹4.6 Lakhs per year
4 years ₹3.7 Lakhs to ₹4.7 Lakhs per year
and so on.

Top skills at Bajaj Allianz General Insurance for Sales Manager Bancassurance

Customer Service Time Management Sales Analytics

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Bajaj Allianz General Insurance Sales Manager Bancassurance salary in India ranges between ₹2.5 Lakhs to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 18 Bajaj Allianz General Insurance latest salaries received from various employees of Bajaj Allianz General Insurance.