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Aditya Birla Sun Life Insurance

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4.0

based on 2.8k Reviews

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Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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Aditya Birla Sun Life Insurance Business Development Manager salaries in Kolkata

Annual salary range
0 - 12 years exp.
₹3.7 Lakhs - ₹5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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39% less than the average Business Development Manager Salary in Insurance Companies for 0 - 12 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Business Development Manager Salary
12 years exp. (AmbitionBox Estimate)
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₹4.1 L/yr - ₹4.5 L/yr

Sales & Business Development
Business Development Manager Salary
12 years exp. (AmbitionBox Estimate)
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₹4.1 L/yr - ₹4.2 L/yr

Last Updated: 11 Aug 2023

Companies similar to Aditya Birla Sun Life Insurance for Business Development Manager in Kolkata

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Aditya Birla Sun Life Insurance Business Development Manager Salary

0 - 12 years exp. (4 salaries)
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₹3.7 L/yr - ₹5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Life Business Development Manager Salary

0 - 11 years exp. (151 salaries)
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₹2 L/yr - ₹4.8 L/yr

arrow icon 7% less
 11 job openings
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SBI Life Insurance Company Business Development Manager Salary

0 - 14 years exp. (68 salaries)
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₹1.9 L/yr - ₹6.4 L/yr

arrow icon 6% more
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SBI General Insurance Business Development Manager Salary

0 - 9 years exp. (44 salaries)
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₹1.6 L/yr - ₹4.9 L/yr

arrow icon 7% less
 13 job openings
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Bajaj Allianz Life Insurance Business Development Manager Salary

2 - 10 years exp. (16 salaries)
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₹3.2 L/yr - ₹5.5 L/yr

arrow icon 7% more
 3 job openings
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Kotak Mahindara Life Insurance Business Development Manager Salary

4 - 12 years exp. (7 salaries)
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₹3 L/yr - ₹7 L/yr

arrow icon 36% more
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Axis Max Life Insurance Business Development Manager Salary

5 - 8 years exp. (6 salaries)
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₹3.5 L/yr - ₹6.7 L/yr

arrow icon 28% more
 2 job openings
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Tata AIA Life Insurance Business Development Manager Salary

1 - 10 years exp. (5 salaries)
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₹2.5 L/yr - ₹6.1 L/yr

arrow icon 13% less
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HDFC Ergo General Insurance Business Development Manager Salary

2 - 9 years exp. (5 salaries)
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₹4.5 L/yr - ₹5.4 L/yr

arrow icon 23% more
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Reliance Nippon Life Insurance Business Development Manager Salary

5 - 12 years exp. (3 salaries)
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₹3 L/yr - ₹5 L/yr

At par
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Aditya Birla Health Insurance Co Business Development Manager Salary

5 - 8 years exp. (3 salaries)
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₹4.5 L/yr - ₹5.5 L/yr

arrow icon 18% more
Business Development Manager salary at Aditya Birla Sun Life Insurance ranges between ₹3.7 Lakhs to ₹5 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Aditya Birla Sun Life Insurance.

Latest annual salaries shared by Aditya Birla Sun Life Insurance Business Development Manager in Kolkata

1y ago
₹5 Lakhs
7 years exp.

Experience wise Aditya Birla Sun Life Insurance Business Development Manager salaries in Kolkata

Last Updated: 11 Aug 2023

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹3.7 L/yr - ₹4.8 L/yr
1 year (AmbitionBox Estimate)

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₹3.7 L/yr - ₹4.8 L/yr
2 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹4.8 L/yr
3 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹4.8 L/yr
4 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.8 L/yr
View all

Similar Designation salaries in Aditya Birla Sun Life Insurance

Area Sales Manager Salary
(7 salaries)
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₹7.25 L/yr - ₹14.3 L/yr
Assistant Sales Manager Salary
(3 salaries)
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₹2.5 L/yr - ₹5 L/yr

Salary related reviews for Aditya Birla Sun Life Insurance

Assistant Sales Manager in Kolkata

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 01 May 2024
1.0
 for  Salary and Benefits

Likes

Great work-life balance, working culture is decent, good place to learn about insurance and how to work in general. Job security is very high.

read more
  • Job security - Excellent
    • +2 more

Dislikes

Salary is easily the worst in the entire industry. Feels more like pocket money. Management isn’t rock-solid all the way. Promotions are best left forgotten. No yearly appraisals. Overall, a very good organisation to work for as long as you don’t care about earning a decent amount.

read more
  • Salary - Bad
    • +2 more

Sales Executive in Kolkata

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 09 Oct 2023
1.0
 for  Salary and Benefits

Likes

Only good thing for beginners is they got a good time to plan their alternative things and plan to grow themselves as the pressure is low. And no such very hard for a beginner to work with.

read more
  • Job security - Excellent

Dislikes

... No work methods and systems. 4. culture is not good and system is very slow. 5. They do not pay you TA but will say to visit your branches every single day. 6. Disclaimer to everyone who are opting to join Aditya Birla group life at Kolkata or east zone. Do not go under Puspita Ghosh. Be aware of her. No 1 worst lady still exists in the world.

read more
  • Salary - Bad
    • +4 more

Sales Executive in Kanpur Nagar

Other Department

5.0
  •  posted on 17 Jun 2021
5.0
 for  Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policy are good appraisal are fair and they give good salary hike and bonus every year.

read more
  • Salary - Excellent
    • +6 more

Dislikes

Salary is decent but career growth is slow.

Regional Training Manager in Varanasi

Full Time

 · 

Teaching & Training Department

4.0
  •  posted on 26 Jun 2024
3.0
 for  Salary and Benefits

Likes

It's a good company to work with the overall core values of the organisation is excellent.

Dislikes

...if it illogical they will still do it cause the management has decided to do so. Salary is not that competitive and we work for 14-15 hours to close everything. Sometimes you are required to work on weekends and theblast day of the month for which u are not compensated. They do not give any compoffs of you are required to work on holidays.

read more
  • Skill development - Bad
    • +4 more

Deputy Cluster Manager in Kolkata

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 30 Oct 2023
3.0
 for  Salary and Benefits

Likes

Company has good working culture, which will help you to maintain work life balance.

  • Job security - Good
    • +2 more

Dislikes

...pany doesn't have go getter attitude and not aggresive for the business at all. Salary and incentives structure is very poor. Even they don't provide exact salary what they mention at appoinment letter.

read more
  • Skill development - Poor
    • +2 more
see more salary related reviews

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New offer. Confused.
My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?
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Aditya Birla Sun Life Insurance Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Aditya Birla Sun Life Insurance in Kolkata?
The average salary of a Business Development Manager at Aditya Birla Sun Life Insurance in Kolkata typically ranges from ₹3.7 Lakhs to ₹5.0 Lakhs per year, depending on experience (from Fresher to 12 years).

The top 10% of Business Development Manager in Kolkata at Aditya Birla Sun Life Insurance earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Business Development Manager Salaries at Aditya Birla Sun Life 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 4 Aditya Birla Sun Life Insurance employees in India.
What is the estimated take home salary of a Business Development Manager at Aditya Birla Sun Life Insurance in Kolkata?
The estimated take-home salary of a Business Development Manager at Aditya Birla Sun Life Insurance in Kolkata typically ranges from ₹31,037 to ₹32,336 per month. This is based on the average salary range of ₹3.7 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from Fresher to 12 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 4 salaries received from various employees of Aditya Birla Sun Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Aditya Birla Sun Life Insurance for Business Development Manager in India?
Kotak Mahindara Life Insurance ₹3.0 Lakhs to ₹7.0 Lakhs per year
Axis Max Life Insurance ₹3.5 Lakhs to ₹6.7 Lakhs per year
HDFC Ergo General Insurance ₹4.5 Lakhs to ₹5.4 Lakhs per year
Aditya Birla Health Insurance Co ₹4.5 Lakhs to ₹5.5 Lakhs per year
Bajaj Allianz Life Insurance ₹3.2 Lakhs to ₹5.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Aditya Birla Sun Life Insurance, depending on the role and experience level.
What is the salary of a Business Development Manager in companies similar to Aditya Birla Sun Life Insurance in Kolkata?
The salary of a Business Development Manager at companies similar to Aditya Birla Sun Life Insurance in Kolkata varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SBI Life Insurance Company ₹1.9 Lakhs to ₹6.4 Lakhs per year
Reliance Nippon Life Insurance ₹3.0 Lakhs to ₹5.0 Lakhs per year
HDFC Life ₹2.0 Lakhs to ₹4.8 Lakhs per year
SBI General Insurance ₹1.6 Lakhs to ₹4.9 Lakhs per year
Tata AIA Life Insurance ₹2.5 Lakhs to ₹6.1 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 Business Development Manager at Aditya Birla Sun Life Insurance in Kolkata?
The salary growth for a Business Development Manager at Aditya Birla Sun Life Insurance in Kolkata depends on factors such as experience, performance, and promotions. On average, a Business Development Manager in Kolkata can expect the following growth trajectory at Aditya Birla Sun Life Insurance:

Experience Average Salary Range
Fresher ₹3.7 Lakhs to ₹4.8 Lakhs per year
1 year ₹3.7 Lakhs to ₹4.8 Lakhs per year
2 years ₹3.7 Lakhs to ₹4.8 Lakhs per year
3 years ₹3.7 Lakhs to ₹4.8 Lakhs per year
and so on.

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Aditya Birla Sun Life Insurance Business Development Manager salary in Kolkata ranges between ₹3.7 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Aditya Birla Sun Life Insurance latest salaries received from various employees of Aditya Birla Sun Life Insurance.