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    This company page is being actively managed by Bajaj Allianz Life Insurance Team. If you also belong to the team, you can get access from here
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    Bajaj Allianz Life Insurance Verified Tick

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    4.1

    based on 3.7k Reviews

    HQ - Pune, India Insurance 10k-50k Employees (India) Financial Services
    filter salariesFilter salaries by
    Designation
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    Bajaj Allianz Life Insurance Salaries in India

    based on 14.3k latest salaries

    4.0

    Rated by 3.7k Employees for salary and benefits

    Top Departments at Bajaj Allianz Life Insurance
    BFSI, Investments & Trading Sales & Business Development Customer Success, Service & Operations Finance & Accounting Marketing & Communication Human Resources + 4 more
    Designation Average Salary
    Yearly arrow-down

    Relationship Manager

    Experience: 0 - 8 yrs (704 Salaries)
    ₹ 3,06,828/year

    (₹1.5L/yr - ₹4.5L/yr)

    Senior Relationship Manager

    Experience: 0 - 8 yrs (630 Salaries)
    ₹ 3,15,197/year

    (₹2.0L/yr - ₹4.1L/yr)

    Business Sales Manager

    Experience: 0 - 11 yrs (563 Salaries)
    ₹ 4,22,861/year

    (₹2.6L/yr - ₹6.5L/yr)

    Executive Relationship Manager

    Experience: 0 - 12 yrs (525 Salaries)
    ₹ 3,54,762/year

    (₹2.3L/yr - ₹4.3L/yr)

    Senior Business Sales Manager

    Experience: 3 - 11 yrs (332 Salaries)
    ₹ 4,44,795/year

    (₹3.1L/yr - ₹5.7L/yr)

    Business Development Manager

    Experience: 0 - 12 yrs (315 Salaries)
    ₹ 4,23,757/year

    (₹3.0L/yr - ₹6.0L/yr)

    Executive Sales Manager

    Experience: 0 - 17 yrs (277 Salaries)
    ₹ 3,56,889/year

    (₹3.0L/yr - ₹5.0L/yr)

    Senior Sales Manager

    Experience: 0 - 8 yrs (272 Salaries)
    ₹ 3,13,825/year

    (₹2.2L/yr - ₹4.0L/yr)

    Deputy Manager

    Experience: 2 - 15 yrs (241 Salaries)
    ₹ 10,19,251/year

    (₹5.0L/yr - ₹16.5L/yr)

    Senior Area Manager

    Experience: 8 - 18 yrs (236 Salaries)
    ₹ 10,44,457/year

    (₹6.4L/yr - ₹14.0L/yr)

    Last Updated: 30 Nov, 2023

    Bajaj Allianz Life Insurance Salary FAQs

    How much does Bajaj Allianz Life Insurance pay per year?
    The average Bajaj Allianz Life Insurance salary ranges from approximately ₹0.8 Lakhs per year for a Actuarial Intern to ₹72.6 Lakhs per year for a Senior Vice President. Salary estimates are based on 14.3k Bajaj Allianz Life Insurance salaries received from various employees of Bajaj Allianz Life Insurance. Bajaj Allianz Life Insurance employees rate the overall salary and benefits package 4.0/5 stars.
    What is the highest salary in Bajaj Allianz Life Insurance?
    The highest-paying job at Bajaj Allianz Life Insurance is a Senior Vice President with a salary of ₹72.6 Lakhs per year. The top 10% of employees earn more than ₹13 lakhs per year. The top 1% earn more than a whopping ₹35.41 lakhs per year.
    What is the minimum salary in Bajaj Allianz Life Insurance?
    Minimum salary at Bajaj Allianz Life Insurance depends on the role you are applying for. For Relationship Manager the minimum salary is ₹3.1 Lakhs per year, for Senior Sales Manager the minimum salary is ₹3.1 Lakhs per year and so on.
    What is the salary package for freshers in Bajaj Allianz Life Insurance?
    The average salary at Bajaj Allianz Life Insurance for freshers varies from ₹1.9 Lakhs per year for Trainee to ₹13.3 Lakhs per year for Management Associate. View Fresher Salaries at Bajaj Allianz Life Insurance
    What is the notice period at Bajaj Allianz Life Insurance?
    According to AmbitionBox, 53% of the Bajaj Allianz Life Insurance employees reported a notice period of 1 Month, 23% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 12.9k responses on AmbitionBox in last 2 years.

    Reviews which talk about salary at Bajaj Allianz Life Insurance

    Insurance Consultant (working remotely)

    Full Time

     · 

    Life Insurance Department

    1.0
    posted on 23 Nov 2023
    1.0 for Salary and Benefits

    Likes

    Nothing

    Dislikes

    They just fooling around. It's a terget based job. You'll not get salary if can't fulfill their terget. Their minimum terget is 1.5Lakh/month. For IC they have to put 3lakhs in selfcode. Normally they will not clear anything to any candidate.

    Work Details

    Work timings: Flexible Timings

    Executive Relationship Manager in Patiala, Punjab

    Full Time

     · 

    Life Insurance Department

    3.0
    posted on 03 Nov 2023
    4.0 for Salary and Benefits

    Likes

    I liked about incentives, recognition, accommodations also about some investment traditional plans which good as compared to market. Also like term plan of bajaj Allianz life Which cheaper in the market and they give handsome discounts to their employees for self purchase.

    Dislikes

    ... Too much traveling, half of your salary was gone in traveling. If we talk about support from colleagues and manager or administration everyone just showing they doing but actually no one doing anything.

    Work Details

    Work days: Monday to Saturday (Strict Timings)

    Senior Executive in Pune

    Full Time

     · 

    HR Operations Department

    1.0
    posted on 18 Oct 2023
    4.0 for Salary and Benefits

    Likes

    Salary is the only good part.

    Dislikes

    It’s more like a government company where politics is valued more than efforts. Employees are not up to the mark with their knowledge. Not a very friendly environment for women to work at. Vehicles safety is a major concern as vehicles get keyed by random bystanders,etc.

    Work Details

    Work days: Monday to Saturday (Strict Timings)

    Insurance Consultant in Kolkata, West Bengal

    Full Time

     · 

    Life Insurance Department

    1.0
    posted on 11 Oct 2023
    1.0 for Salary and Benefits

    Likes

    Nothing!!!!!!!

    Dislikes

    They're all fraud. At first they tell you that they'll give you fixed salary of 19k. For that you've to crack IRDAI exam , give them a business of 3L and four candidates. But after a completing it you'll eventually find out that there's nothing like fixed salary , they'll give you 7k if you give business of 50k minimum in a month and additional 12k if you give a business of 1L. FRAUDSTERS Mr. Parthajit Das (CRP) is one of the biggest liars anyone could face. Pls don't believe a single word what he says.

    Work Details

    Work days: Monday to Friday (Flexible Timings)

    Assistant Manager Risk Management in Pune

    Full Time

     · 

    Assessment / Advisory Department

    4.0
    posted on 02 Oct 2023
    3.0 for Salary and Benefits

    Likes

    Lot of opportunity in my profile to collaborate with cross functional people and learn end to end processes

    Dislikes

    Obviously compensation, asides inappropriate performance evaluation, lack of transparency about career growth path, zero opportunities for continued education or knowledge enhancement

    Work Details

    Work days: Monday to Friday (Strict Timings)

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    Average annual salary in Bajaj Allianz Life Insurance is INR 6.7 lakhs . Salary estimates are based on 14.3k Bajaj Allianz Life Insurance latest salaries received from various employees of Bajaj Allianz Life Insurance.