Insurance Plaaning Specialist

Company Description

Bajaj Life Insurance is one of India's fastest-growing life insurance companies, offering a diverse range of plans such as ULIPs, term insurance, retirement, and child policies to help individuals secure their financial future. With over 3.85 crore policyholders, a 99.29% claim settlement ratio, and a 343% solvency margin, Bajaj Life is recognized for its strong commitment to financial protection and wealth creation. The company operates with a robust distribution network of 597 branches, over 1.62 lakh insurance consultants, and partnerships with leading banks, ensuring accessible customer service. Bajaj Life has been honored with numerous awards, including the World's Digital Insurance Award and Best Employer India by Kincentric, reflecting a work culture of innovation and excellence. The company is dedicated to providing customer-first, accessible services through platforms like WhatsApp and its website.

Role Description

This part-time hybrid role as an Insurance Planning Specialist is based in Bhubaneshwar, with flexibility for some remote work. Responsibilities include offering tailored insurance planning solutions to clients, assisting them in selecting appropriate insurance and financial products, and managing customer portfolios with a focus on financial needs and goals. Candidates will also collaborate with insurance consultants and brokers, provide expert customer service, and ensure a high-quality experience for all clients.

Qualification:

• Bachelor’s degree in any Discipline is preferred
  

Income/Commission Structure:
Bajaj-specific, industry benchmarks suggest first-year commissions for Planing Specialist are often 10–25% of the premium, and renewal commissions are 5–10%, depending on the insurer and product. Job Posting Insight: A job listing for “Insurance Planing Specialist ” at Bajaj Allianz Life shows a fixed pay component of ₹20,000–₹50,000/month plus incentives. Entry-level / new Insurance Plaaning Specialist: ₹ 2-3 lakh/year (₹ 17,000–25,000/month)Future MDRT-level (some experience, decent sales): ₹ 23 lakh/yearHigh-performing / experienced MDRT advisor: Could reach ₹ 46 lakh/year or more, especially with strong commission incomeThese are averages or reported ranges — actual income can swing widely based on performance.A significant part of income likely comes from commissions, not just base pay.Renewal business (clients renewing their policies) is a key driver of more stable and recurring income.Expenses like travel, client acquisition, and marketing can eat into take-home earnings if the advisor is independent or working on a “business” model.Every Month Chance to win Foregin Tour/Travel in between India's Best Trouist Place.--- Bajaj Life Insurance Plaaning Specialist earnings based on current trends.