Monthly In-hand Salary
At par with the average Business Development Manager Salary in Insurance Companies for 1 - 15 years of experience
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Salaries in different departments
Sales & Business Development
Business Development Manager Salary
2 - 15
years
exp.
(33
salaries)
|  ₹3.1 L/yr - ₹13.5 L/yr |
BFSI, Investments & Trading
Business Development Manager Salary
3 - 15
years
exp.
(16
salaries)
| ₹3.2 L/yr - ₹12 L/yr |
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| |
Marketing & Communication
Business Development Manager Salary
1 - 13
years
exp.
(3
salaries)
| ₹4 L/yr - ₹12 L/yr |
Customer Success, Service & Operations
Business Development Manager Salary
6 - 15
years
exp.
(AmbitionBox Estimate)
| ₹7 L/yr - ₹8.6 L/yr |
Companies similar to Cholamandalam MS General Insurance for Business Development Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 IndiaFirst Life Insurance Business Development Manager Salary
0 - 10 years exp. (403 salaries) | ₹1.5 L/yr - ₹6 L/yr 
49%
less | 10 job openings |
 SBI General Insurance Business Development Manager Salary
0 - 10 years exp. (607 salaries) | ₹1.6 L/yr - ₹5.3 L/yr
51%
less | 13 job openings |
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| ||
 Bajaj Allianz Life Insurance Business Development Manager Salary
1 - 12 years exp. (192 salaries) | ₹3 L/yr - ₹6 L/yr
43%
less | 2 job openings |
 Axis Max Life Insurance Business Development Manager Salary
2 - 9 years exp. (170 salaries) | ₹2 L/yr - ₹7.3 L/yr
33%
less | 3 job openings |
 Edelweiss Life Insurance Business Development Manager Salary
1 - 10 years exp. (108 salaries) | ₹1.5 L/yr - ₹5.5 L/yr
54%
less | |
 Aditya Birla Health Insurance Co Business Development Manager Salary
3 - 10 years exp. (78 salaries) | ₹3.4 L/yr - ₹6 L/yr
40%
less | |
 Star Union Dai-ichi Life Insurance Business Development Manager Salary
3 - 12 years exp. (71 salaries) | ₹2.3 L/yr - ₹9 L/yr
38%
less | 17 job openings |
 Bharti AXA Life Insurance Business Development Manager Salary
0 - 10 years exp. (63 salaries) | ₹2.4 L/yr - ₹8.8 L/yr
48%
less | |
 Future Generali India Life Insurance Business Development Manager Salary
0 - 13 years exp. (30 salaries) | ₹3.5 L/yr - ₹7 L/yr
32%
less | 1 job opening |
 Life Insurance Corporation of India Business Development Manager Salary
1 - 10 years exp. (15 salaries) | ₹1.8 L/yr - ₹7 L/yr
48%
less | |
 Magma HDI General Insurance Business Development Manager Salary
5 - 10 years exp. (8 salaries) | ₹6.2 L/yr - ₹13.6 L/yr 
23%
more | |
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| ||
 Paramount Health Services Tpa Business Development Manager Salary
3 - 20 years exp. (7 salaries) | ₹3.7 L/yr - ₹7 L/yr
33%
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
46%
less | |
 Ageas Federal Life Insurance Business Development Manager Salary
2 - 9 years exp. (5 salaries) | ₹3.5 L/yr - ₹5 L/yr
47%
less | |
 Pramerica Life Insurance Business Development Manager Salary
3 - 14 years exp. (4 salaries) | ₹3 L/yr - ₹4.5 L/yr
49%
less | |
 Medi Assist India Business Development Manager Salary
6 - 13 years exp. (4 salaries) | ₹4.5 L/yr - ₹11.2 L/yr
2%
less | 2 job openings |
 ManipalCigna Health Insurance Business Development Manager Salary
5 - 10 years exp. (4 salaries) | ₹2.9 L/yr - ₹4 L/yr
55%
less | |
 Shriram General Insurance Business Development Manager Salary
1 - 8 years exp. (4 salaries) | ₹2.4 L/yr - ₹5.5 L/yr
53%
less | |
 Allianz Partners Business Development Manager Salary
4 - 6 years exp. (3 salaries) | ₹7.8 L/yr - ₹10 L/yr
18%
more | |
 Gallagher Business Development Manager Salary
4 - 14 years exp. (3 salaries) | ₹10 L/yr - ₹10.8 L/yr
33%
more | |
Latest annual salaries shared by Cholamandalam MS General Insurance Business Development Manager
Experience wise Cholamandalam MS General Insurance Business Development Manager salaries
Last Updated: 9 Apr 2025
| Experience | Avg Annual Salary |
|---|---|
| 1 year (5 salaries) |
₹4
L/yr
- ₹8
L/yr
|
| 2 years (AmbitionBox Estimate) |
₹6.1
L/yr
- ₹7.8
L/yr
|
Login to view exact salary
| |
| 3 years (3 salaries) |
₹2.6
L/yr
- ₹10
L/yr
|
| 4 years (AmbitionBox Estimate) |
₹6.4
L/yr
- ₹8.2
L/yr
|
| 5 years (7 salaries) |
₹2.9
L/yr
- ₹9.4
L/yr
|
Similar Designation salaries in Cholamandalam MS General Insurance
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Cholamandalam MS General Insurance Business Development Manager Salary FAQs
The top 10% of Business Development Manager at Cholamandalam MS General Insurance earn more than ₹12.0 Lakhs per year, and the top 1% earn over ₹13.4 Lakhs per year. Business Development Manager Salaries at Cholamandalam MS 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 60+ Cholamandalam MS General Insurance employees in India.
| Gallagher | ₹10.0 Lakhs to ₹10.8 Lakhs per year |
| Magma HDI General Insurance | ₹6.2 Lakhs to ₹13.6 Lakhs per year |
| Allianz Partners | ₹7.8 Lakhs to ₹10.0 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by Cholamandalam MS General Insurance, depending on the role and experience level.
| Medi Assist India | ₹4.5 Lakhs to ₹11.2 Lakhs per year |
| Future Generali India Life Insurance | ₹3.5 Lakhs to ₹7.0 Lakhs per year |
| Paramount Health Services Tpa | ₹3.7 Lakhs to ₹7.0 Lakhs per year |
| Axis Max Life Insurance | ₹2.0 Lakhs to ₹7.3 Lakhs per year |
| Star Union Dai-ichi Life Insurance | ₹2.3 Lakhs to ₹9.0 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 |
|---|---|
| 1 year | ₹4.0 Lakhs to ₹8.0 Lakhs per year |
| 2 years | ₹6.1 Lakhs to ₹7.8 Lakhs per year |
| 3 years | ₹2.6 Lakhs to ₹10.0 Lakhs per year |
| 4 years | ₹6.4 Lakhs to ₹8.2 Lakhs per year |
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Cholamandalam MS General Insurance Business Development Manager Salaries by Location
- Cholamandalam MS General Insurance Business Development Manager salaries in Mumbai
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- Cholamandalam MS General Insurance Business Development Manager salaries in New Delhi
- Cholamandalam MS General Insurance Business Development Manager salaries in Kolkata
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- Cholamandalam MS General Insurance Business Development Manager Salaries
Cholamandalam MS General Insurance Business Development Manager salary
in
India
ranges between ₹2.8
Lakhs to ₹13.5
Lakhs with an average annual salary of
₹. Salary estimates are based on
63
Cholamandalam MS General Insurance latest salaries received from various employees of
Cholamandalam MS General Insurance.