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4.1

based on 4.1k Reviews

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Bajaj Allianz Life Insurance Senior Business Development Manager salaries in India with 1 - 13 years exp.

Average annual salary

4.6 Lakhs info icon
(₹4 L/yr - ₹6.6 L/yr)

Monthly in-hand salary

34,375 - ₹ 35,625 info icon

59% less than the average Senior Business Development Manager Salary in Insurance Companies for 1 - 13 years of experience

Salaries in different departments

Sales & Business Development
Senior Business Development Manager Salary
1 - 13 years exp. (85 salaries)
4.7 Lakhs

₹4 L/yr - ₹6 L/yr

BFSI, Investments & Trading
Senior Business Development Manager Salary
2 - 12 years exp. (64 salaries)
4.7 Lakhs

₹4 L/yr - ₹6.6 L/yr

Marketing & Communication
Senior Business Development Manager Salary
2 - 13 years exp. (18 salaries)
4.5 Lakhs

₹4 L/yr - ₹5 L/yr

Customer Success, Service & Operations
Senior Business Development Manager Salary
3 - 10 years exp. (8 salaries)
4.5 Lakhs

₹4.2 L/yr - ₹4.6 L/yr

Last Updated: 16 May 2024

Personalize below salary insights based on your work experience. Add your work exp.

Companies similar to Bajaj Allianz Life Insurance for Senior Business Development Manager

Company name Avg Annual Salary
4.4 Lakhs

₹2.8 L/yr - ₹5.6 L/yr

arrow icon 4% less
4.1 Lakhs

₹2.5 L/yr - ₹4.9 L/yr

arrow icon 11% less
5.9 Lakhs

₹3 L/yr - ₹8.5 L/yr

arrow icon 29% more
6.5 Lakhs

₹4.2 L/yr - ₹8.2 L/yr

arrow icon 42% more
5.5 Lakhs

₹3.6 L/yr - ₹6.5 L/yr

arrow icon 20% more
4.3 Lakhs

₹3 L/yr - ₹4.5 L/yr

arrow icon 7% less
4.2 Lakhs

₹4 L/yr - ₹4.5 L/yr

arrow icon 8% less
11.9 Lakhs

₹10.5 L/yr - ₹13 L/yr

arrow icon 158% more
6 Lakhs

₹4.1 L/yr - ₹7.8 L/yr

arrow icon 30% more
3.9 Lakhs

₹3 L/yr - ₹8.6 L/yr

arrow icon 16% less
4.5 Lakhs

₹4 L/yr - ₹5 L/yr

arrow icon 2% less
4.1 Lakhs

₹3.7 L/yr - ₹4.8 L/yr

arrow icon 12% less
6.4 Lakhs

₹6 L/yr - ₹7.4 L/yr

arrow icon 39% more
6.9 Lakhs

₹3.6 L/yr - ₹11 L/yr

arrow icon 49% more
8.7 Lakhs

₹4.2 L/yr - ₹12 L/yr

arrow icon 90% more
Average Bajaj Allianz Life Insurance Senior Business Development Manager salary in India is ₹4.6 Lakhs per year for employees with experience between 1 year to 13 years. Senior Business Development Manager salary at Bajaj Allianz Life Insurance ranges between ₹4 Lakhs to ₹6.6 Lakhs per year. Salary estimates are based on 221 latest salaries received from various employees of Bajaj Allianz Life Insurance.

Latest annual salaries shared by Bajaj Allianz Life Insurance Senior Business Development Manager

3d ago
4.5 Lakhs
10 years exp.
5d ago
4.5 Lakhs
9 years exp.
1w ago
4.5 Lakhs
12 years exp.
1w ago
4.5 Lakhs
13 years exp.
2w ago
4.5 Lakhs
13 years exp.
3w ago
4.5 Lakhs
8 years exp.
3w ago
4.5 Lakhs
3 years exp.
4w ago
4.5 Lakhs
8 years exp.
4w ago
4.5 Lakhs
4 years exp.
1mo ago
5 Lakhs
5 years exp.

Experience wise Bajaj Allianz Life Insurance Senior Business Development Manager salaries

Last Updated: 16 May 2024

Experience Avg Annual Salary
1 year (2 salaries)

4.6 Lakhs

(₹4.5 L/yr - ₹8.2 L/yr)
2 years (10 salaries)

4.6 Lakhs

(₹4.1 L/yr - ₹8.2 L/yr)
3 years (13 salaries)

4.6 Lakhs

(₹4 L/yr - ₹8.3 L/yr)
4 years (17 salaries)

4.6 Lakhs

(₹4 L/yr - ₹4.6 L/yr)
5 years (27 salaries)

4.6 Lakhs

(₹4 L/yr - ₹6.6 L/yr)
View all

Similar Designation salaries in Bajaj Allianz Life Insurance

4.2 Lakhs
₹3 L/yr - ₹6 L/yr
4.8 Lakhs
₹4.5 L/yr - ₹5.56 L/yr
2.6 Lakhs
₹2.28 L/yr - ₹3 L/yr
3.6 Lakhs
₹2.4 L/yr - ₹8 L/yr
3.2 Lakhs
₹2.2 L/yr - ₹4.5 L/yr
5.6 Lakhs
₹3 L/yr - ₹8 L/yr
4.4 Lakhs
₹4 L/yr - ₹5.15 L/yr
6.9 Lakhs
₹3 L/yr - ₹11.6 L/yr
15.7 Lakhs
₹9.2 L/yr - ₹23 L/yr
14.2 Lakhs
₹10.5 L/yr - ₹19 L/yr

Top skills at Bajaj Allianz Life Insurance for Senior Business Development Manager

Life Insurance Insurance Sales agency Sales Management Agency Sales Insurance Advisory agency development Agent Recruitment Agency Channel

Salary related reviews for Bajaj Allianz Life Insurance

Senior Business Development Manager in Soro

Full Time

 · 

Sales & Business Development Department

5.0
posted on 13 Sep 2022

5.0 for Salary and Benefits

Likes

Best product Friendly atmosphere Career growth Highest solvency retio Best claim settlement Best Hr service Etc....

Dislikes

One thing is internal career and salary growth is little bit slow.. If we have potential to prove ourselves in changing our label in our own company. Then stay with us.... Otherwise Employees are trying for other companies only for career and financial growth.

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

... 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.

Sales Manager in New Delhi

Full Time

 · 

Sales & Business Development Department

1.0
posted on 22 Sep 2023

2.0 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

... 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

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

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.

Business Development Manager in Narnaul

Full Time

 · 

BFSI, Investments & Trading Department

2.0
posted on 09 May 2023

1.0 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.

see more salary related reviews

Bajaj Allianz Life Insurance Senior Business Development Manager Salary FAQs

What is the salary of Senior Business Development Manager at Bajaj Allianz Life Insurance?
Average Bajaj Allianz Life Insurance Senior Business Development Manager salary in India is ₹4.6 Lakhs for experience between 1 years to 13 years. Senior Business Development Manager salary at Bajaj Allianz Life Insurance India ranges between ₹4.0 Lakhs to ₹6.6 Lakhs. According to our estimates it is 59% less than the average Senior Business Development Manager Salary in India. Salary estimates are based on 221 latest salaries received from various employees of Bajaj Allianz Life Insurance India.
How does the salary of a Senior Business Development Manager at Bajaj Allianz Life Insurance India compare with the average salary range for this job?
The average salary of a Senior Business Development Manager at Bajaj Allianz Life Insurance is ₹4.6 Lakhs per year which is 59% less than average salary of a Senior Business Development Manager in India which receives a salary of ₹11.1 Lakhs per year.
What are the top skills required to work as a Senior Business Development Manager at Bajaj Allianz Life Insurance?
Life Insurance, Insurance Sales, agency, Sales Management and Agency Sales are some of the popular skills required to work as a Senior Business Development Manager at Bajaj Allianz Life Insurance India.
Which similar companies are paying more than Bajaj Allianz Life Insurance to a Senior Business Development Manager in India?
  • Aditya Birla Sun Life Insurance Senior Business Development Manager Salary - 11.9 Lakhs per year
  • Aditya Birla Health Insurance Co Senior Business Development Manager Salary - 8.7 Lakhs per year
  • Reliance General Insurance Senior Business Development Manager Salary - 6.9 Lakhs per year
  • Max Life Insurance Senior Business Development Manager Salary - 6.5 Lakhs per year
  • Future Generali India Life Insurance Senior Business Development Manager Salary - 6.4 Lakhs per year
What is the salary of a Senior Business Development Manager in companies similar to Bajaj Allianz Life Insurance in India?
  • PNB MetLife Senior Business Development Manager Salary - 6.0 Lakhs per year
  • SBI Life Insurance Company Senior Business Development Manager Salary - 5.9 Lakhs per year
  • Kotak Mahindara Life Insurance Senior Business Development Manager Salary - 5.5 Lakhs per year
  • Niva Bupa Health Insurance Company Senior Business Development Manager Salary - 4.5 Lakhs per year
  • ICICI Prudential Life Insurance Senior Business Development Manager Salary - 4.4 Lakhs per year
What is the estimated take home salary of a Senior Business Development Manager at Bajaj Allianz Life Insurance in India?
The estimated take home salary of a Senior Business Development Manager at Bajaj Allianz Life Insurance ranges between ₹34,375 per month to ₹35,625 per month in India. The take home salary calculation is based on the average Bajaj Allianz Life Insurance Senior Business Development Manager salary in India which is ₹4.6 Lakhs per year for employees with experience between 1 years to 13 years Check how did we calculate take home salary?
What is the notice period for Senior Business Development Manager at Bajaj Allianz Life Insurance?
According to AmbitionBox, 77% of the Bajaj Allianz Life Insurance Senior Business Development Managers reported a notice period of 1 Month, 18% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 121 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Bajaj Allianz Life Insurance Senior Business Development Manager salary in India ranges between ₹₹4 Lakhs to ₹₹6.6 Lakhs with an average annual salary of ₹₹4.6 Lakhs. Salary estimates are based on 221 Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.