Aditya Birla Sun Life Insurance Business Development Manager Salaries by 60+ Employees (Updated 2025)

0 - 12 years exp.

₹3.4 Lakhs - ₹5.3 Lakhs

Avg. annual salary

Monthly In-hand Salary

46% less than the average Business Development Manager Salary in Insurance Companies for 0 - 12 years of experience

Interested in this particular role?

Last Updated: 9 Apr 2025

Companies similar to Aditya Birla Sun Life Insurance for Business Development Manager in Sales & Business Development department

Company name	Avg Annual Salary	Open Jobs
HDFC Life Business Development Manager Salary 0 - 10 years exp. (371 salaries)	₹1.8 L/yr - ₹5 L/yr 5% less	12 job openings
SBI Life Insurance Company Business Development Manager Salary 0 - 15 years exp. (220 salaries)	₹2.4 L/yr - ₹7 L/yr 19% more
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SBI General Insurance Business Development Manager Salary 0 - 11 years exp. (211 salaries)	₹1.8 L/yr - ₹5.3 L/yr 4% less	13 job openings
Axis Max Life Insurance Business Development Manager Salary 2 - 10 years exp. (59 salaries)	₹2.2 L/yr - ₹7.3 L/yr 25% more	3 job openings
Bajaj Allianz Life Insurance Business Development Manager Salary 1 - 12 years exp. (53 salaries)	₹3.2 L/yr - ₹6 L/yr 10% more	1 job opening
Aditya Birla Health Insurance Co Business Development Manager Salary 3 - 10 years exp. (40 salaries)	₹3.6 L/yr - ₹5.5 L/yr 12% more
ICICI Prudential Life Insurance Business Development Manager Salary 0 - 11 years exp. (38 salaries)	₹2.3 L/yr - ₹4.8 L/yr 1% less
Bajaj Allianz General Insurance Business Development Manager Salary 3 - 12 years exp. (35 salaries)	₹3.6 L/yr - ₹6.5 L/yr 18% more	9 job openings
Kotak Mahindara Life Insurance Business Development Manager Salary 2 - 13 years exp. (34 salaries)	₹2.6 L/yr - ₹10.3 L/yr 40% more	1 job opening
Shriram Life Insurance Business Development Manager Salary 0 - 9 years exp. (26 salaries)	₹2.2 L/yr - ₹5 L/yr 20% less
ICICI Lombard General Insurance Company Business Development Manager Salary 0 - 8 years exp. (21 salaries)	₹2.5 L/yr - ₹7.3 L/yr 4% less
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Reliance Nippon Life Insurance Business Development Manager Salary 3 - 13 years exp. (17 salaries)	₹1.8 L/yr - ₹6 L/yr 19% more
Tata AIA Life Insurance Business Development Manager Salary 3 - 12 years exp. (4 salaries)	₹3.5 L/yr - ₹6.3 L/yr 1% more
PNB MetLife Business Development Manager Salary 5 - 8 years exp. (4 salaries)	₹3.5 L/yr - ₹4 L/yr 4% less
HDFC Ergo General Insurance Business Development Manager Salary 3 - 6 years exp. (3 salaries)	₹3.5 L/yr - ₹4.7 L/yr 1% more

Business Development Manager salary at Aditya Birla Sun Life Insurance ranges between ₹3.4 Lakhs to ₹5.3 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 64 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 Sales & Business Development department

3d ago

₹3.7 Lakhs

8 years exp.

5d ago

₹3.4 Lakhs

3 years exp.

6d ago

₹4 Lakhs

6 years exp.

1w ago

₹4 Lakhs

11 years exp.

2w ago

₹4.9 Lakhs

8 years exp.

3w ago

4 years exp.

3w ago

2 years exp.

3w ago

5 years exp.

3w ago

4 years exp.

3w ago

7 years exp.

Experience wise Aditya Birla Sun Life Insurance Business Development Manager salaries in Sales & Business Development department

Last Updated: 9 Apr 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.7 L/yr
1 year (4 salaries)	₹4 L/yr - ₹5 L/yr
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2 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
3 years (6 salaries)	₹3.4 L/yr - ₹4.8 L/yr
4 years (7 salaries)	₹3.7 L/yr - ₹5.3 L/yr
5 years (9 salaries)	₹3.7 L/yr - ₹5 L/yr
6 years (9 salaries)	₹3.7 L/yr - ₹4.5 L/yr
7 years (11 salaries)	₹3.7 L/yr - ₹5.3 L/yr
8 years (5 salaries)	₹3.7 L/yr - ₹4.5 L/yr
9 years (4 salaries)	₹3.5 L/yr - ₹4.5 L/yr
10 years (3 salaries)	₹4 L/yr - ₹5 L/yr
11 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr
12 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr

View all

Similar Designation salaries in Aditya Birla Sun Life Insurance

Senior Business Development Manager Salary

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₹10.5 L/yr - ₹13 L/yr

Business Development Associate Salary

(AmbitionBox Estimate)

₹6.1 L/yr - ₹7.8 L/yr

Business Development Executive Salary

(4 salaries)

₹2 L/yr - ₹3.14 L/yr

Business Manager Salary

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Zonal Sales Manager Salary

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Senior Business Development Executive Salary

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₹2.9 L/yr - ₹3.7 L/yr

Senior Sales Manager Salary

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₹2 L/yr - ₹10.7 L/yr

Area Sales Manager Salary

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Territory Sales Manager Salary

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₹7 L/yr - ₹10 L/yr

Salary related reviews for Aditya Birla Sun Life Insurance

3.8

Rated by 14 employees for salary & benefits

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.

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.

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.

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.

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.

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.

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.

Skill development - Poor

+2 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Aditya Birla Sun Life Insurance Business Development Manager Salaries by Location

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Aditya Birla Sun Life Insurance Business Development Manager Salaries

Aditya Birla Sun Life Insurance Business Development Manager salary in Sales & Business Development department in India ranges between ₹3.4 Lakhs to ₹5.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 64 Aditya Birla Sun Life Insurance latest salaries received from various employees of Aditya Birla Sun Life Insurance.

Aditya Birla Sun Life Insurance Business Development Manager salaries in Sales & Business Development in India (Updated 2025)

Companies similar to Aditya Birla Sun Life Insurance for Business Development Manager in Sales & Business Development department

Latest annual salaries shared by Aditya Birla Sun Life Insurance Business Development Manager in Sales & Business Development department

Experience wise Aditya Birla Sun Life Insurance Business Development Manager salaries in Sales & Business Development department

Similar Designation salaries in Aditya Birla Sun Life Insurance

Salary related reviews for Aditya Birla Sun Life Insurance

Assistant Sales Manager in Kolkata

Sales Executive in Kolkata

Sales Executive in Kanpur Nagar

Regional Training Manager in Varanasi

Deputy Cluster Manager in Kolkata

Tell us how to improve this page.

Aditya Birla Sun Life Insurance Business Development Manager Salaries by Location