Birla Sun Life Mutual Fund Business Development Manager Salaries by 3 Employees

17 - 19 years exp.

₹22.5 Lakhs - ₹28.8 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

230% more than the average Business Development Manager Salary in Insurance Companies for 17 - 19 years of experience

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Last Updated: 23 Aug 2024

Companies similar to Birla Sun Life Mutual Fund for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
IndiaFirst Life Insurance Business Development Manager Salary 0 - 10 years exp. (845 salaries)	₹1.5 L/yr - ₹6 L/yr 84% less	7 job openings
Edelweiss Life Insurance Business Development Manager Salary 1 - 10 years exp. (108 salaries)	₹1.5 L/yr - ₹5.5 L/yr 86% less
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Aditya Birla Health Insurance Co Business Development Manager Salary 3 - 10 years exp. (78 salaries)	₹3.4 L/yr - ₹6 L/yr 82% less
Bharti AXA Life Insurance Business Development Manager Salary 0 - 10 years exp. (63 salaries)	₹2.4 L/yr - ₹8.8 L/yr 84% less
Cholamandalam MS General Insurance Business Development Manager Salary 1 - 15 years exp. (59 salaries)	₹2.6 L/yr - ₹13 L/yr 71% less
Future Generali India Life Insurance Business Development Manager Salary 0 - 13 years exp. (30 salaries)	₹3.5 L/yr - ₹7 L/yr 79% less	1 job opening
Aegon Life Insurance Business Development Manager Salary 3 - 11 years exp. (18 salaries)	₹4 L/yr - ₹8 L/yr 79% less
Magma HDI General Insurance Business Development Manager Salary 5 - 10 years exp. (8 salaries)	₹6.2 L/yr - ₹13.6 L/yr 62% less
Paramount Health Services Tpa Business Development Manager Salary 3 - 20 years exp. (7 salaries)	₹3.7 L/yr - ₹7 L/yr 79% less	1 job opening
Aviva Life Insurance India Business Development Manager Salary 1 - 6 years exp. (5 salaries)	₹3.6 L/yr - ₹4.8 L/yr 83% less
Ageas Federal Life Insurance Business Development Manager Salary 2 - 9 years exp. (5 salaries)	₹3.5 L/yr - ₹5 L/yr 84% less
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Aegon Religare Life Insurance Business Development Manager Salary 4 - 15 years exp. (5 salaries)	₹3.3 L/yr - ₹6.5 L/yr 78% less
CignaTTk Health Insurance Business Development Manager Salary 9 - 12 years exp. (4 salaries)	₹3.3 L/yr - ₹6.5 L/yr 85% less
Medi Assist India Business Development Manager Salary 6 - 13 years exp. (4 salaries)	₹4.5 L/yr - ₹11.2 L/yr 70% less	2 job openings
ManipalCigna Health Insurance Business Development Manager Salary 5 - 10 years exp. (4 salaries)	₹2.9 L/yr - ₹4 L/yr 86% less
Shriram General Insurance Business Development Manager Salary 1 - 8 years exp. (4 salaries)	₹2.4 L/yr - ₹5.5 L/yr 85% less
Allianz Partners Business Development Manager Salary 4 - 6 years exp. (3 salaries)	₹7.8 L/yr - ₹10 L/yr 64% less
Liberty General Insurance Business Development Manager Salary 1 - 13 years exp. (3 salaries)	₹6 L/yr - ₹26 L/yr 45% less

Business Development Manager salary at Birla Sun Life Mutual Fund ranges between ₹22.5 Lakhs to ₹28.8 Lakhs per year for employees with experience between 17 years to 19 years. Salary estimates are based on 3 latest salaries received from various employees of Birla Sun Life Mutual Fund.

Experience wise Birla Sun Life Mutual Fund Business Development Manager salaries

Last Updated: 23 Aug 2024

Experience	Avg Annual Salary
15+ years (3 salaries)	₹22.5 L/yr - ₹28.8 L/yr
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Similar Designation salaries in Birla Sun Life Mutual Fund

Business Development Associate Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Deputy Manager Salary

(8 salaries)

₹4 L/yr - ₹7.5 L/yr

Branch Manager Salary

(4 salaries)

₹6.2 L/yr - ₹6.44 L/yr

Relationship Manager Salary

(63 salaries)

₹2.3 L/yr - ₹8.05 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹2.6 L/yr - ₹3.3 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Salary related reviews for Birla Sun Life Mutual Fund

Service Relationship Manager in Navi Mumbai

4.0

• posted on 17 Aug 2018

2.0

for Salary and Benefits

Likes

Wt my current work, no much stress or restrictions, we have freedom in modifying script, & handling call as per same. Can infrm all details or share all details with investor without tim AHT limits.

Job security - Excellent

+2 more

Dislikes

Growth & Salary improvement is very less comparitively. ( im working or in payroll under cams).

Salary - Poor

Relationship Wealth Manager in Jaipur

Full Time

Sales & Distribution Department

1.0

• posted on 07 Nov 2022

3.0

for Salary and Benefits

Likes

Organisation is good but some people spoiling this organisation.

Dislikes

So much politics. There is not good culture for employees. Employee cannot do lunch on time. Regional head always do their finger for lunch for overtime and extra pressure. Branch manager himself is poor in knowledge part. He cannot manage their team.

Skill development - Poor

+5 more

Mutual Fund Back Officer in Charchgate, Mumbai

Back Office Department

4.0

• posted on 04 Jul 2022

2.0

for Salary and Benefits

Likes

It was my first job experience so I like there atmosphere. All my co-workers are very helpful.

Skill development - Good

+2 more

Dislikes

I was working on 1year &9month but there was no increment. So for the better opportunity I was leaving the job.

Salary - Poor

+2 more

Intern in New Delhi

Intern

Sales Department

5.0

• posted on 09 Feb 2018

5.0

for Salary and Benefits

Likes

Things which I liked and admired the most while working in BSLAMC was the keen interest and dedication of the RM for his work under whom I did my internship, his behavior towards all the officemates, his helping and guiding nature. BSLAMC gave me a wonderful learning environment and business work experience throughout my internship tenure.

Salary - Excellent

+6 more

Dislikes

Nothing.

Assistant Manager in Gurgaon / Gurugram

Retail Sales Department

5.0

• posted on 19 Jun 2018

4.0

for Salary and Benefits

Likes

The Company has a very good culture/ ecosystem. You can actually evolve as an entrepreneur, and also grow to take greater responsibilities. You get enough freedom to explore your capabilities. Learning opportunities are immense. You feel close knit with the colleagues & privileged to be a part of the ABG. Great work life balance.

Salary - Good

+5 more

Dislikes

Maybe because it is a part of huge Conglomerate i would call it " Top Heavy Organisation". Most decisions are on the discretion of people seated on leadership positions which leaves a entry level employee less rewarded of his hardwork. Slow Carrier Growth.

Promotions - Poor

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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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Birla Sun Life Mutual Fund Business Development Manager Salary FAQs

How the salary growth look like for a Business Development Manager at Birla Sun Life Mutual Fund in India?

The salary growth for a Business Development Manager at Birla Sun Life Mutual Fund depends on factors such as experience, performance, and promotions. On average, a Business Development Manager can expect the following growth trajectory at Birla Sun Life Mutual Fund:

Experience	Average Salary Range
15 years	₹22.5 Lakhs to ₹28.8 Lakhs per year

and so on.

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Birla Sun Life Mutual Fund Business Development Manager Salaries

Birla Sun Life Mutual Fund Business Development Manager salary in India ranges between ₹22.5 Lakhs to ₹28.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Birla Sun Life Mutual Fund latest salaries received from various employees of Birla Sun Life Mutual Fund.

Birla Sun Life Mutual Fund Business Development Manager salaries in India

Companies similar to Birla Sun Life Mutual Fund for Business Development Manager

Latest annual salaries shared by Birla Sun Life Mutual Fund Business Development Manager

Experience wise Birla Sun Life Mutual Fund Business Development Manager salaries

Similar Designation salaries in Birla Sun Life Mutual Fund

Salary related reviews for Birla Sun Life Mutual Fund

Service Relationship Manager in Navi Mumbai

Relationship Wealth Manager in Jaipur

Mutual Fund Back Officer in Charchgate, Mumbai

Intern in New Delhi

Assistant Manager in Gurgaon / Gurugram

Birla Sun Life Mutual Fund Business Development Manager Salary FAQs

Tell us how to improve this page.