Cholamandalam MS General Insurance Chennai Business Development Manager Salaries by 6 Employees (Updated 2025)

9 - 15 years exp.

₹6.5 Lakhs - ₹10.5 Lakhs

Salary of majority employees

At par with the average Business Development Manager Salary in Insurance Companies for 9 - 15 years of experience

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Salaries in different departments

Sales & Business Development Business Development Manager Salary 9 - 15 years exp. (4 salaries)	₹6.5 L/yr - ₹9.5 L/yr
BFSI, Investments & Trading Business Development Manager Salary 9 years exp. (AmbitionBox Estimate)	₹6.8 L/yr - ₹9 L/yr
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Marketing & Communication Business Development Manager Salary 9 years exp. (AmbitionBox Estimate)	₹6.6 L/yr - ₹10.5 L/yr

Last Updated: 15 Jan 2025

Companies similar to Cholamandalam MS General Insurance for Business Development Manager in Chennai

Cholamandalam MS General Insurance Business Development Manager Salary

9 - 15 years exp. (6 salaries)

₹6.5 L/yr - ₹10.5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Business Development Manager Salary 9 - 14 years exp. (3 salaries)	₹2.6 L/yr - ₹5.5 L/yr 48% less
Bajaj Allianz General Insurance Business Development Manager Salary 3 - 12 years exp. (7 salaries)	₹3.9 L/yr - ₹7 L/yr 34% less	18 job openings
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Bajaj Allianz Life Insurance Business Development Manager Salary 3 - 12 years exp. (14 salaries)	₹3.4 L/yr - ₹5 L/yr 44% less	2 job openings
Axis Max Life Insurance Business Development Manager Salary 3 - 12 years exp. (13 salaries)	₹2.5 L/yr - ₹7.2 L/yr 32% less	7 job openings
Bharti AXA Life Insurance Business Development Manager Salary 3 - 5 years exp. (3 salaries)	₹3.2 L/yr - ₹4.5 L/yr 52% less

Business Development Manager salary at Cholamandalam MS General Insurance ranges between ₹6.5 Lakhs to ₹10.5 Lakhs per year for employees with experience between 9 years to 15 years. Salary estimates are based on 6 latest salaries received from various employees of Cholamandalam MS General Insurance.

Experience wise Cholamandalam MS General Insurance Business Development Manager salaries in Chennai

Last Updated: 15 Jan 2025

Experience	Avg Annual Salary
9 years (3 salaries)	₹6.8 L/yr - ₹10.5 L/yr
10 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹8.3 L/yr
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11 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.6 L/yr
12 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹15.4 L/yr
13 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹10 L/yr
14 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.2 L/yr
15+ years (AmbitionBox Estimate)	₹9 L/yr - ₹16.3 L/yr

View all

Similar Designation salaries in Cholamandalam MS General Insurance

Area Sales Manager Salary

(4 salaries)

₹6.42 L/yr - ₹9.5 L/yr

Salary related reviews for Cholamandalam MS General Insurance

3.0

Rated by 1 employees for salary & benefits

Area Manager in Bikaner

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 20 Nov 2024

3.0

for Salary and Benefits

Likes

Good company. Having Employee friendly. Happy to work here...

Skill development - Excellent

+5 more

Dislikes

Only In company promotion you can't get salary hike as you deserved . Some of the points your salary is laser then your colleagues and team.

Sales Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 07 Aug 2023

3.0

for Salary and Benefits

Likes

Nothing

Dislikes

Appraisals are terrible here even if achieved 275% of ytd target they increase only 7% of salary..no personal life teams meeting every now and then infact after working hours also, continue warning of termination if you fail to achieve daily numbers

Promotions - Bad

+3 more

Deputy Manager in Chennai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 15 Feb 2022

3.0

for Salary and Benefits

Likes

The company provides a very high job security and you would never face any delays in salary. The leaves offered by the company are also good in comparison to other companies.

Job security - Excellent

Dislikes

The companies culture is not meant for youngsters or people who wants to work in a challenging and learning environment. A lot of People in this company are working since 10-15 years and have a very rigid mentality and approach towards work. The gowth trajectory is very slow and the learning curve is also flat.

Skill development - Bad

+4 more

Business Development Associate in Mumbai Suburban

BFSI, Investments & Trading Department

3.0

• posted on 03 May 2021

3.0

for Salary and Benefits

Likes

Working environment is okay. Company policies are good, salaries are always paid on time. HR is supportive.

Skill development - Good

+1 more

Dislikes

...ised for simple approval it takes whole day so chances of delay in work is high. IT people are just working for their salary issues are not resolved on time.

Promotions - Poor

Territory Manager in Khammam

Health Insurance Department

5.0

• posted on 15 Feb 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Cholamandalam MS General Insurance Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Cholamandalam MS General Insurance Chennai?

Business Development Manager salary at Cholamandalam MS General Insurance in Chennai ranges between ₹6.5 Lakhs to ₹10.5 Lakhs for experience between 9 years to 15 years. According to our estimates it is 3% more than the average Business Development Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Cholamandalam MS General Insurance Chennai.

How does the salary of a Business Development Manager at Cholamandalam MS General Insurance Chennai compare with the average salary range for this job?

The average salary of a Business Development Manager at Cholamandalam MS General Insurance is 3% more than the average salary of a Business Development Manager in Chennai. To know exact salary insights, login to view.

What is the salary of a Business Development Manager in companies similar to Cholamandalam MS General Insurance in Chennai?

Axis Max Life Insurance Business Development Manager Salary - ₹2.5 Lakhs to ₹7.2 Lakhs per year
Bajaj Allianz General Insurance Business Development Manager Salary - ₹3.9 Lakhs to ₹7.0 Lakhs per year
Bajaj Allianz Life Insurance Business Development Manager Salary - ₹3.4 Lakhs to ₹5.0 Lakhs per year
ICICI Lombard General Insurance Company Business Development Manager Salary - ₹2.6 Lakhs to ₹5.5 Lakhs per year
Bharti AXA Life Insurance Business Development Manager Salary - ₹3.2 Lakhs to ₹4.5 Lakhs per year

What is the estimated take home salary of a Business Development Manager at Cholamandalam MS General Insurance in Chennai?

The estimated take-home salary of a Business Development Manager at Cholamandalam MS General Insurance ranges between ₹57,850 per month to ₹59,306 per month in Chennai. The take-home salary calculation is based on the average Cholamandalam MS General Insurance Business Development Manager salary in India which ranges between ₹6.5 Lakhs to ₹10.5 Lakhs per year for employees with experience between 9 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Business Development Manager at Cholamandalam MS General Insurance in Chennai?

According to AmbitionBox, 67% of the Cholamandalam MS General Insurance Business Development Managers in Chennai reported a notice period of 1 Month, 33% reported a notice period of 3 Months.This is based on 6 responses on AmbitionBox in last 2 years.

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Cholamandalam MS General Insurance Business Development Manager Salaries in Chennai

Cholamandalam MS General Insurance Business Development Manager salary in Chennai ranges between ₹6.5 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.

Cholamandalam MS General Insurance Business Development Manager salaries in Chennai

Companies similar to Cholamandalam MS General Insurance for Business Development Manager in Chennai

Latest annual salaries shared by Cholamandalam MS General Insurance Business Development Manager in Chennai

Experience wise Cholamandalam MS General Insurance Business Development Manager salaries in Chennai

Similar Designation salaries in Cholamandalam MS General Insurance

Salary related reviews for Cholamandalam MS General Insurance

Area Manager in Bikaner

Sales Manager in New Delhi

Deputy Manager in Chennai

Business Development Associate in Mumbai Suburban

Territory Manager in Khammam

Cholamandalam MS General Insurance Business Development Manager Salary FAQs

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