Likes
Working environment is okay. Company policies are good, salaries are always paid on time. HR is supportive.
Annual salary range
5 - 7 years exp.
₹4
Lakhs - ₹7.2
Lakhs
Low Confidence 
Low confidence means that this average salary is based on data that was reported by very few people.
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary11% less than the average Business Development Associate Salary in Insurance Companies for 5 - 7 years of experience
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Salaries in different departments
BFSI, Investments & Trading
Business Development Associate Salary
5
years
exp.
(AmbitionBox Estimate)
|  ₹3.6 L/yr - ₹4.4 L/yr |
Login to view exact salary
| |
Marketing & Communication
Business Development Associate Salary
7
years
exp.
(AmbitionBox Estimate)
| ₹6.5 L/yr - ₹7.9 L/yr |
Companies similar to Cholamandalam MS General Insurance for Business Development Associate
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 ICICI Lombard General Insurance Company Business Development Associate Salary
0 - 3 years exp. (6 salaries) | ₹2.5 L/yr - ₹4.7 L/yr 
26%
less | |
 SBI General Insurance Business Development Associate Salary
0 - 6 years exp. (37 salaries) | ₹2 L/yr - ₹3.5 L/yr
50%
less | 1 job opening |
Login to view exact salary
| ||
 Star Union Dai-ichi Life Insurance Business Development Associate Salary
2 - 8 years exp. (67 salaries) | ₹2.4 L/yr - ₹4.4 L/yr
31%
less | |
 Max Life Insurance Business Development Associate Salary
4 - 7 years exp. (6 salaries) | ₹3.5 L/yr - ₹4.9 L/yr
16%
less | |
 Allianz Partners Business Development Associate Salary
2 - 5 years exp. (4 salaries) | ₹4 L/yr - ₹4.6 L/yr
15%
less | |
 Life Insurance Corporation of India Business Development Associate Salary
2 - 15 years exp. (3 salaries) | ₹3 L/yr - ₹12 L/yr 
59%
more | |
Business Development Associate salary at Cholamandalam MS General Insurance ranges between ₹4
Lakhs
to ₹7.2
Lakhs
per year for employees with experience between 5 years to 7 years. Salary
estimates are based on
3 latest salaries received
from various employees of Cholamandalam MS General Insurance.
Latest annual salaries shared by Cholamandalam MS General Insurance Business Development Associate
1y ago
7
years
exp.
Experience wise Cholamandalam MS General Insurance Business Development Associate salaries
Last Updated: 12 Dec 2023
| Experience | Avg Annual Salary |
|---|---|
| 5 years (AmbitionBox Estimate) |
₹3.6
L/yr
- ₹4.6
L/yr
|
| 6 years (AmbitionBox Estimate) |
₹4.1
L/yr
- ₹5.2
L/yr
|
Login to view exact salary
| |
| 7 years (AmbitionBox Estimate) |
₹6.5
L/yr
- ₹8.3
L/yr
|
Similar Designation salaries in Cholamandalam MS General Insurance
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2w
a technical project manager
Deadend
Hi,
I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA.
I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation.
I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component.
I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this.
What should be my next move?
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Cholamandalam MS General Insurance Business Development Associate Salary FAQs
What is the notice period for Business Development Associate at Cholamandalam MS General Insurance?
According to AmbitionBox, 100% of the Cholamandalam MS General Insurance Business Development Associates reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.
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Cholamandalam MS General Insurance Business Development Associate salary
in
India
ranges between ₹4
Lakhs to ₹7.2
Lakhs with an average annual salary of
₹. Salary estimates are based on
3
Cholamandalam MS General Insurance latest salaries received from various employees of
Cholamandalam MS General Insurance.