Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary32% less than the average Business Development Officer Salary in Insurance Companies for 0 - 4 years of experience
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Salaries in different departments
BFSI, Investments & Trading
Business Development Officer Salary
0 - 4
years
exp.
(AmbitionBox Estimate)
|  ₹2.9 L/yr - ₹3.5 L/yr |
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| |
Sales & Business Development
Business Development Officer Salary
1 - 4
years
exp.
(AmbitionBox Estimate)
| ₹1.2 L/yr - ₹2.5 L/yr |
Companies similar to Axis Max Life Insurance for Business Development Officer
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Life Insurance Corporation of India Business Development Officer Salary
1 - 9 years exp. (13 salaries) | ₹2.3 L/yr - ₹10 L/yr 
145%
more | |
 ICICI Prudential Life Insurance Business Development Officer Salary
0 - 6 years exp. (7 salaries) | ₹2.8 L/yr - ₹4 L/yr
33%
more | |
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| ||
 Star Union Dai-ichi Life Insurance Business Development Officer Salary
0 - 5 years exp. (6 salaries) | ₹1.6 L/yr - ₹6.8 L/yr
11%
more | |
 Bajaj Allianz Life Insurance Business Development Officer Salary
0 - 7 years exp. (5 salaries) | ₹1.4 L/yr - ₹3 L/yr 
4%
less | |
 Aditya Birla Sun Life Insurance Business Development Officer Salary
1 - 4 years exp. (4 salaries) | ₹2.8 L/yr - ₹4 L/yr
27%
more | |
 Cholamandalam MS General Insurance Business Development Officer Salary
1 - 2 years exp. (4 salaries) | ₹3.6 L/yr - ₹4.6 L/yr
58%
more | |
 HDFC Life Business Development Officer Salary
2 - 4 years exp. (4 salaries) | ₹2.1 L/yr - ₹3.5 L/yr
15%
more | |
 Reliance Nippon Life Insurance Business Development Officer Salary
2 - 5 years exp. (3 salaries) | ₹2.8 L/yr - ₹5 L/yr
43%
more | |
 Shriram Life Insurance Business Development Officer Salary
0 - 8 years exp. (3 salaries) | ₹2 L/yr - ₹2.4 L/yr
14%
less | |
 SBI General Insurance Business Development Officer Salary
0 - 8 years exp. (3 salaries) | ₹2.8 L/yr - ₹8 L/yr
92%
more | |
 Bajaj Allianz General Insurance Business Development Officer Salary
3 - 5 years exp. (3 salaries) | ₹2.1 L/yr - ₹4 L/yr
17%
more | |
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| ||
Latest annual salaries shared by Axis Max Life Insurance Business Development Officer
Experience wise Axis Max Life Insurance Business Development Officer salaries
Last Updated: 16 Mar 2023
| Experience | Avg Annual Salary |
|---|---|
| Fresher (AmbitionBox Estimate) |
₹3.2
L/yr
- ₹4
L/yr
|
| 1 year (AmbitionBox Estimate) |
₹2.3
L/yr
- ₹2.9
L/yr
|
Login to view exact salary
| |
| 4 years (AmbitionBox Estimate) |
₹1.8
L/yr
- ₹2.4
L/yr
|
Similar Designation salaries in Axis Max Life Insurance
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Axis Max Life Insurance Business Development Officer Salary FAQs
The top 10% of Business Development Officer at Axis Max Life Insurance earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Business Development Officer Salaries at Axis Max 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 Axis Max Life Insurance employees in India.
| Life Insurance Corporation of India | ₹2.3 Lakhs to ₹10.0 Lakhs per year |
| SBI General Insurance | ₹2.8 Lakhs to ₹8.0 Lakhs per year |
| Cholamandalam MS General Insurance | ₹3.6 Lakhs to ₹4.6 Lakhs per year |
| Reliance Nippon Life Insurance | ₹2.8 Lakhs to ₹5.0 Lakhs per year |
| ICICI Prudential Life Insurance | ₹2.8 Lakhs to ₹4.0 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by Axis Max Life Insurance, depending on the role and experience level.
| Aditya Birla Sun Life Insurance | ₹2.8 Lakhs to ₹4.0 Lakhs per year |
| Bajaj Allianz General Insurance | ₹2.1 Lakhs to ₹4.0 Lakhs per year |
| HDFC Life | ₹2.1 Lakhs to ₹3.5 Lakhs per year |
| Star Union Dai-ichi Life Insurance | ₹1.6 Lakhs to ₹6.8 Lakhs per year |
| Bajaj Allianz Life Insurance | ₹1.4 Lakhs to ₹3.0 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.
| Experience | Average Salary Range |
|---|---|
| Fresher | ₹3.2 Lakhs to ₹4.0 Lakhs per year |
| 1 year | ₹2.3 Lakhs to ₹2.9 Lakhs per year |
| 4 years | ₹1.8 Lakhs to ₹2.4 Lakhs per year |
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Axis Max Life Insurance Business Development Officer salary
in
India
ranges between ₹1.2
Lakh to ₹3.5
Lakhs with an average annual salary of
₹. Salary estimates are based on
4
Axis Max Life Insurance latest salaries received from various employees of
Axis Max Life Insurance.