Arka Insurance Broking Business Development Manager Salaries by 3 Employees

2 - 6 years exp.

₹3 Lakhs - ₹6.9 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

18% less than the average Business Development Manager Salary in Financial Services Companies for 2 - 6 years of experience

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Last Updated: 16 Sep 2024

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Nobel Hygiene Business Development Manager Salary 10 - 16 years exp. (5 salaries)	₹7.1 L/yr - ₹11.5 L/yr 42% more
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Lynk Business Development Manager Salary 1 - 5 years exp. (3 salaries)	₹3.3 L/yr - ₹4.2 L/yr 39% less

Business Development Manager salary at Arka Insurance Broking ranges between ₹3 Lakhs to ₹6.9 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 3 latest salaries received from various employees of Arka Insurance Broking.

Experience wise Arka Insurance Broking Business Development Manager salaries

Last Updated: 16 Sep 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹8 L/yr
3 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
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4 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
5 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr

Similar Designation salaries in Arka Insurance Broking

Senior Business Development Manager Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Business Development Executive Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹25.2 L/yr - ₹32.2 L/yr

Senior Business Development Executive Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹4.4 L/yr - ₹5.6 L/yr

Area Manager Salary

(AmbitionBox Estimate)

₹12.4 L/yr - ₹15.9 L/yr

Top skills at Arka Insurance Broking for Business Development Manager

Business Development Management Sales Management Sales

Salary related reviews for Arka Insurance Broking

1.0

Rated by 2 employees for salary & benefits

Business Development Manager (working remotely)

Full Time

Marketing & Communication Department

1.0

• posted on 04 Mar 2025

1.0

for Salary and Benefits

Likes

commission not recived properly agent more and more issue agents for all emplyees issue fraud company company management not give properly informetion at time i issue problem more 3.5 laks agent commission not recived then ask to manager properly not give to any answer that why chiting compally

Dislikes

commission middle person using at home my be branch manager and any other company person third party

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

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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Arka Insurance Broking Business Development Manager Salary FAQs

How the salary growth look like for a Business Development Manager at Arka Insurance Broking in India?

The salary growth for a Business Development Manager at Arka Insurance Broking depends on factors such as experience, performance, and promotions. On average, a Business Development Manager can expect the following growth trajectory at Arka Insurance Broking:

Experience	Average Salary Range
2 years	₹6.2 Lakhs to ₹8.0 Lakhs per year
3 years	₹5.8 Lakhs to ₹7.4 Lakhs per year
4 years	₹5.4 Lakhs to ₹6.9 Lakhs per year
5 years	₹5.0 Lakhs to ₹6.4 Lakhs per year

and so on.

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Arka Insurance Broking Business Development Manager Salaries

Arka Insurance Broking Business Development Manager salary in India ranges between ₹3 Lakhs to ₹6.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Arka Insurance Broking latest salaries received from various employees of Arka Insurance Broking.