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Annual salary range
9 - 15 years exp.
₹6.8
Lakhs - ₹10.5
Lakhs
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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 salary7% more than 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.
(3
salaries)
|  ₹8.3 L/yr - ₹11.4 L/yr |
BFSI, Investments & Trading
Business Development Manager Salary
9
years
exp.
(AmbitionBox Estimate)
| ₹6.8 L/yr - ₹9.1 L/yr |
Login to view exact salary
| |
Marketing & Communication
Business Development Manager Salary
9
years
exp.
(AmbitionBox Estimate)
| ₹6.7 L/yr - ₹10.5 L/yr |
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. (5 salaries) |  ₹6.8 L/yr - ₹10.5 L/yr |
vs
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Bajaj Allianz General Insurance Business Development Manager Salary
3 - 12 years exp. (6 salaries) | ₹3.9 L/yr - ₹7 L/yr 
36%
less | 16 job openings |
 SBI General Insurance Business Development Manager Salary
0 - 10 years exp. (18 salaries) | ₹2.4 L/yr - ₹4.6 L/yr
53%
less | 12 job openings |
Login to view exact salary
| ||
 Max Life Insurance Business Development Manager Salary
3 - 10 years exp. (13 salaries) | ₹2.5 L/yr - ₹7.2 L/yr
34%
less | 2 job openings |
 Bharti AXA Life Insurance Business Development Manager Salary
3 - 5 years exp. (3 salaries) | ₹3.2 L/yr - ₹4.4 L/yr
52%
less | |
 BYJU'S Business Development Manager Salary
1 - 8 years exp. (223 salaries) | ₹4.5 L/yr - ₹16.5 L/yr 
34%
more | 1 job opening |
Business Development Manager salary at Cholamandalam MS General Insurance ranges between ₹6.8
Lakhs
to ₹10.5
Lakhs
per year for employees with experience between 9 years to 15 years. Salary
estimates are based on
5 latest salaries received
from various employees of Cholamandalam MS General Insurance.
Latest annual salaries shared by Cholamandalam MS General Insurance Business Development Manager in Chennai
4w ago
10
years
exp.
8mo ago
15
years
exp.
1y ago
9
years
exp.
1y ago
9
years
exp.
1y ago
9
years
exp.
Experience wise Cholamandalam MS General Insurance Business Development Manager salaries in Chennai
Last Updated: 22 Nov 2024
| Experience | Avg Annual Salary |
|---|---|
| 9 years (3 salaries) |
₹6.8
L/yr
- ₹10.5
L/yr
|
| 10 years (AmbitionBox Estimate) |
₹8.3
L/yr
- ₹15.2
L/yr
|
Login to view exact salary
| |
| 11 years (AmbitionBox Estimate) |
₹7.8
L/yr
- ₹10
L/yr
|
| 12 years (AmbitionBox Estimate) |
₹8
L/yr
- ₹10.2
L/yr
|
| 13 years (AmbitionBox Estimate) |
₹8.2
L/yr
- ₹10.5
L/yr
|
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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 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 ₹6.8 Lakhs to ₹10.5 Lakhs for experience between 9 years to 15 years. According to our estimates it is 7% more than the average Business Development Manager Salary in India. Salary estimates are based on 5 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 7% more than the average salary of a Business Development Manager in Chennai. To know exact salary insights, login to view.
Which similar companies are paying more than Cholamandalam MS General Insurance to a Business Development Manager in Chennai?
- BYJU'S Business Development Manager Salary - ₹4.5 Lakhs to ₹16.5 Lakhs per year
What is the salary of a Business Development Manager in companies similar to Cholamandalam MS General Insurance in Chennai?
- 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
- Bharti AXA Life Insurance Business Development Manager Salary - ₹3.2 Lakhs to ₹4.4 Lakhs per year
- SBI General Insurance Business Development Manager Salary - ₹2.4 Lakhs to ₹4.6 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 ₹58,914 per month to ₹60,400 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 ₹6.8 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 ₹6.8
Lakhs to ₹10.5
Lakhs with an average annual salary of
₹. Salary estimates are based on
5
Cholamandalam MS General Insurance latest salaries received from various employees of
Cholamandalam MS General Insurance.