Bajaj Allianz General Insurance Nagpur Business Development Manager Salaries by 5 Employees

7 - 10 years exp.

₹4.1 Lakhs - ₹5.7 Lakhs

Avg. annual salary

Monthly In-hand Salary

23% less than the average Business Development Manager Salary in Insurance Companies for 7 - 10 years of experience

Interested in this particular role? 10 job openings

Salaries in different departments

BFSI, Investments & Trading Business Development Manager Salary 7 - 10 years exp. (3 salaries)	₹4.4 L/yr - ₹5.7 L/yr
Marketing & Communication Business Development Manager Salary 9 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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Sales & Business Development Business Development Manager Salary 8 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹5.1 L/yr

Last Updated: 15 Mar 2023

Companies similar to Bajaj Allianz General Insurance for Business Development Manager in Nagpur

Bajaj Allianz General Insurance Business Development Manager Salary

7 - 10 years exp. (5 salaries)

₹4.1 L/yr - ₹5.7 L/yr

Company name	Avg Annual Salary	Open Jobs
Niva Bupa Health Insurance Company Business Development Manager Salary 0 - 6 years exp. (7 salaries)	₹2.8 L/yr - ₹3.8 L/yr 28% less	1 job opening
Star Union Dai-ichi Life Insurance Business Development Manager Salary 4 - 11 years exp. (5 salaries)	₹3.4 L/yr - ₹6 L/yr 7% less	17 job openings
Login to view exact salary
Axis Max Life Insurance Business Development Manager Salary 4 - 8 years exp. (3 salaries)	₹4.2 L/yr - ₹5.5 L/yr 2% less	3 job openings
ICICI Lombard General Insurance Company Business Development Manager Salary 1 - 8 years exp. (3 salaries)	₹3.2 L/yr - ₹5.6 L/yr 22% less
Oyo Rooms Business Development Manager Salary 2 - 12 years exp. (32 salaries)	₹4 L/yr - ₹12 L/yr 59% more	4 job openings

Business Development Manager salary at Bajaj Allianz General Insurance ranges between ₹4.1 Lakhs to ₹5.7 Lakhs per year for employees with experience between 7 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of Bajaj Allianz General Insurance.

Experience wise Bajaj Allianz General Insurance Business Development Manager salaries in Nagpur

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
8 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
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9 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
10 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr

Similar Designation salaries in Bajaj Allianz General Insurance

Territory Manager Salary

(11 salaries)

₹2.65 L/yr - ₹7 L/yr

Relationship Manager Salary

(8 salaries)

₹2.95 L/yr - ₹4.5 L/yr

Sales Officer Salary

(6 salaries)

₹2 L/yr - ₹3.5 L/yr

City Head Salary

(3 salaries)

₹4 L/yr - ₹6.35 L/yr

Top skills at Bajaj Allianz General Insurance for Business Development Manager

Team Development Health Insurance Operations Business Strategy Recruitment Salesforce Software Configuration Management Private Banking Health Insurance Sales Business Strategy Business Development Management Management Operations Banking

Salary related reviews for Bajaj Allianz General Insurance

5.0

Rated by 1 employees for salary & benefits

Territory Manager in Kolkata

Full Time

Other Department

1.0

• posted on 27 Feb 2025

5.0

for Salary and Benefits

Likes

1. Process and Applications 2. Salary on time 3.You Can Apply Advance Salary(if Required) 4. Zonal Hr(Ipshita Ma'am) so Helpful, Other Hr just following management order just like puppet. 5.Banca Channels are good.

Salary - Excellent

Dislikes

1. Retail Team has worst Culture Specially in Kolkata Zone. 2. No Work life balance. 3. Don't in Susanta Bose and Prakash Gupta's Team(if you don't want to Destroy your career) 4.terrible micro management culture. 5.Leave Managements are poor. 6.Zero Work life Balance. 7. Zero Job Security,they even issue PIP after Regisn. Bekar Management Policies, Retail Channel meh jana maat,Specially Channel like Growth Markets

Job security - Bad

+3 more

Senior Sales Manager in Agartala

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 05 Jul 2024

2.0

for Salary and Benefits

Likes

Salary is the only thing I like here

Dislikes

...y it's 6days a week and month end 7days a week now working hours sales timing 9.30am to 7/8pm then policy issuance it's goes upto 1am, then again next day area manager always talking about work on Sunday, if anyone take a leave manager will tell do existing work, then what is the meaning of leave I don't know, now come to the travel part 1/3 salary will goes on the travel, personal life will be destroyed after joining here work pressure like pressure cooker every day conference call after work and tempting your performance not up to the mark in short your family will leave you bcz of not giving family time

Salary - Poor

+6 more

Deputy Manager in Mumbai

Full Time

Sales & Business Development Department

3.0

• posted on 21 Jan 2023

2.0

for Salary and Benefits

Likes

Technology, system driven, best for customers and intermediaries to work with Timely salary Best claim payable insurer

Dislikes

Hell work life balance With limited manpower resource they work No incentive opportunities No Saturday off No work timings

Salary - Poor

+5 more

Senior Business Development Executive (working remotely)

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 14 Oct 2024

4.0

for Salary and Benefits

Likes

Except salary, nothing is in your favour. Work life balance is pathetic. There is no personal life. No holiday. VC and conference call to be attended at night.

Salary - Good

Dislikes

Except salary, nothing in your favour. Work life balance is pathetic. There is no personal life. No holiday. VC and conference call to be attended at night.

Job security - Bad

+4 more

Sales Manager in Bangalore / Bengaluru

Sales & Business Development Department

5.0

• posted on 27 May 2022

5.0

for Salary and Benefits

Likes

My first job started at Bagic only first I joined DM team on 18th Feb 2016 and I have passed On roll exam and moved to Pvt Banca team 20th august -2018 over all very experience in bagic its wonderful company .

Salary - Excellent

+4 more

Dislikes

I am 6.5years old in the company and I have achieved all parameters but every year I got bad rating and my package also less ....so I am not happy with this ...

Promotions - Poor

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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Bajaj Allianz General Insurance Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Bajaj Allianz General Insurance in Nagpur?

The average salary of a Business Development Manager at Bajaj Allianz General Insurance in Nagpur typically ranges from ₹4.1 Lakhs to ₹5.7 Lakhs per year, depending on experience (from 7 years to 10 years).

The top 10% of Business Development Manager in Nagpur at Bajaj Allianz General Insurance earn more than ₹5.7 Lakhs per year, and the top 1% earn over ₹5.7 Lakhs per year. Business Development Manager Salaries at Bajaj Allianz General 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 5 Bajaj Allianz General Insurance employees in India.

What is the estimated take home salary of a Business Development Manager at Bajaj Allianz General Insurance in Nagpur?

The estimated take-home salary of a Business Development Manager at Bajaj Allianz General Insurance in Nagpur typically ranges from ₹38,403 to ₹39,592 per month. This is based on the average salary range of ₹4.1 Lakhs to ₹5.7 Lakhs per year for employees with experience ranging from 7 years to 10 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 5 salaries received from various employees of Bajaj Allianz General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Business Development Manager at Bajaj Allianz General Insurance in Nagpur?

To be a Business Development Manager at Bajaj Allianz General Insurance in Nagpur, the key skills required include:

- Team Development
- Health Insurance
- Operations
- Business Strategy
- Recruitment

These skills are highly valued at Bajaj Allianz General Insurance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Bajaj Allianz General Insurance for Business Development Manager in India?

Oyo Rooms

₹4.0 Lakhs to ₹12.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bajaj Allianz General Insurance, depending on the role and experience level.

What is the salary of a Business Development Manager in companies similar to Bajaj Allianz General Insurance in Nagpur?

The salary of a Business Development Manager at companies similar to Bajaj Allianz General Insurance in Nagpur varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Max Life Insurance	₹4.2 Lakhs to ₹5.5 Lakhs per year
Star Union Dai-ichi Life Insurance	₹3.4 Lakhs to ₹6.0 Lakhs per year
ICICI Lombard General Insurance Company	₹3.2 Lakhs to ₹5.6 Lakhs per year
Niva Bupa Health Insurance Company	₹2.8 Lakhs to ₹3.8 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 Bajaj Allianz General Insurance in Nagpur?

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

Experience	Average Salary Range
7 years	₹4.6 Lakhs to ₹5.9 Lakhs per year
8 years	₹4.6 Lakhs to ₹5.9 Lakhs per year
9 years	₹4.6 Lakhs to ₹5.9 Lakhs per year
10 years	₹4.6 Lakhs to ₹5.9 Lakhs per year

and so on.

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Bajaj Allianz General Insurance Business Development Manager Salaries in Nagpur

Bajaj Allianz General Insurance Business Development Manager salary in Nagpur ranges between ₹4.1 Lakhs to ₹5.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Bajaj Allianz General Insurance latest salaries received from various employees of Bajaj Allianz General Insurance.