Pramerica Life Insurance Business Development Manager Salaries by 4 Employees (Updated 2024)

3 - 14 years exp.

₹3 Lakhs - ₹4.5 Lakhs

Salary of majority employees

47% less than the average Business Development Manager Salary in Insurance Companies for 3 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Business Development Manager Salary 13 - 14 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹4.5 L/yr
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Marketing & Communication Business Development Manager Salary 4 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.7 L/yr

Last Updated: 18 Sep 2024

Companies similar to Pramerica Life Insurance for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Business Development Manager Salary 0 - 10 years exp. (361 salaries)	₹1.7 L/yr - ₹5.5 L/yr 4% less
HDFC Life Business Development Manager Salary 0 - 11 years exp. (1.4k salaries)	₹1.5 L/yr - ₹4.8 L/yr 9% less	12 job openings
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SBI Life Insurance Company Business Development Manager Salary 0 - 14 years exp. (944 salaries)	₹1.9 L/yr - ₹7 L/yr 22% more	1 job opening
Max Life Insurance Business Development Manager Salary 2 - 10 years exp. (195 salaries)	₹2.2 L/yr - ₹7.3 L/yr 29% more	1 job opening
Bajaj Allianz Life Insurance Business Development Manager Salary 0 - 15 years exp. (284 salaries)	₹3 L/yr - ₹6 L/yr 10% more
Reliance Nippon Life Insurance Business Development Manager Salary 1 - 13 years exp. (60 salaries)	₹1.5 L/yr - ₹6 L/yr 5% more
Tata AIA Life Insurance Business Development Manager Salary 2 - 12 years exp. (30 salaries)	₹2 L/yr - ₹7 L/yr 1% less
Kotak Mahindara Life Insurance Business Development Manager Salary 3 - 13 years exp. (97 salaries)	₹2 L/yr - ₹10.7 L/yr 50% more	5 job openings
Aditya Birla Sun Life Insurance Business Development Manager Salary 0 - 12 years exp. (133 salaries)	₹2.8 L/yr - ₹6.5 L/yr 7% more
PNB MetLife Business Development Manager Salary 4 - 8 years exp. (7 salaries)	₹2 L/yr - ₹5.5 L/yr 2% less
IndiaFirst Life Insurance Business Development Manager Salary 0 - 12 years exp. (430 salaries)	₹1.5 L/yr - ₹6 L/yr 1% more
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Edelweiss Tokio Life Insurance Business Development Manager Salary 2 - 10 years exp. (119 salaries)	₹1.5 L/yr - ₹5.5 L/yr 8% less
Aditya Birla Health Insurance Co Business Development Manager Salary 1 - 13 years exp. (89 salaries)	₹3.4 L/yr - ₹5.8 L/yr 17% more
Bharti AXA Life Insurance Business Development Manager Salary 0 - 10 years exp. (65 salaries)	₹2.4 L/yr - ₹8.6 L/yr 7% more
Cholamandalam MS General Insurance Business Development Manager Salary 1 - 15 years exp. (57 salaries)	₹3.2 L/yr - ₹13 L/yr 102% more
Future Generali India Life Insurance Business Development Manager Salary 0 - 16 years exp. (36 salaries)	₹3.5 L/yr - ₹7.3 L/yr 33% more
Paramount Health Services Tpa Business Development Manager Salary 3 - 20 years exp. (7 salaries)	₹3.7 L/yr - ₹7 L/yr 30% more
ACKO Business Development Manager Salary 2 - 6 years exp. (6 salaries)	₹3 L/yr - ₹9.5 L/yr 20% more
Ageas Federal Life Insurance Business Development Manager Salary 2 - 12 years exp. (5 salaries)	₹3.2 L/yr - ₹5 L/yr 2% less
Medi Assist India Business Development Manager Salary 6 - 13 years exp. (4 salaries)	₹4.5 L/yr - ₹11.2 L/yr 91% more	3 job openings

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Business Development Manager salary at Pramerica Life Insurance ranges between ₹3 Lakhs to ₹4.5 Lakhs per year for employees with experience between 3 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of Pramerica Life Insurance.

Experience wise Pramerica Life Insurance Business Development Manager salaries

Last Updated: 18 Sep 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.9 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.9 L/yr
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5 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
8 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.5 L/yr
9 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
10 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
11 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
12 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.7 L/yr
13 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.5 L/yr
14 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.5 L/yr

View all

Similar Designation salaries in Pramerica Life Insurance

Senior Business Development Manager Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Business Development Associate Salary

(AmbitionBox Estimate)

₹9.9 L/yr - ₹12.6 L/yr

Business Development Executive Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Assistant Sales Manager Salary

(7 salaries)

₹2.25 L/yr - ₹3.6 L/yr

Senior Business Development Executive Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Senior Sales Manager Salary

(115 salaries)

₹3 L/yr - ₹5.2 L/yr

Area Sales Manager Salary

(6 salaries)

₹2.5 L/yr - ₹4.2 L/yr

Territory Sales Manager Salary

(4 salaries)

₹4.2 L/yr - ₹13.5 L/yr

Area Business Manager Salary

(AmbitionBox Estimate)

₹17.1 L/yr - ₹21.8 L/yr

Salary related reviews for Pramerica Life Insurance

Senior Sales Manager in Bilaspur

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 16 Apr 2024

1.0

for Salary and Benefits

Likes

Dislike every parameter , seniors are uneducated also.

Dislikes

Very poor service to employee, no senior is responsible for salary ,incentive, and for local convenience, even training is also paid by employees, such an unorganized work

Senior Sales Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 09 Nov 2023

2.0

for Salary and Benefits

Likes

Nothing.

Dislikes

In my vertical it isn't a right place to work with. This is the fake institutional business channel, more over you had to source your own business and also don't rely on the support of the corporate agent(Broking Partner). Please think twice before joining in the IB Vertical.

Sales Manager

BFSI, Investments & Trading Department

3.0

• posted on 01 Jan 2019

5.0

for Salary and Benefits

Likes

Salary and other perks are disbursed as per schedule and on time. As far as work life balance is concerned , 4 out of 5 on a rating scale.

Dislikes

Learning and development is a concern area at Dhfl . On innovation front company is far behind in comparison to its peers . 2nd major concern is u cant consider ur job at dhfl secure. Even middle management is worried when u talk of job security at dhfl

Relationship Manager in Ambala

Education /school empanalment , team development ,And policy sale Department

2.0

• posted on 06 Sep 2017

5.0

for Salary and Benefits

Likes

I had a great experiance before joining when i worked as a commision agent only and just working for 24 percent commision even though i didn't have any license . Iwas just a commission agent .

Dislikes

...nise an activity there they denided to finance it .but i did on my own account . And there was 2 month and 17 day that i haven't recived my salary . So i regined . As i was left with no money to stay in ambala.

Associate Sales Manager in Visakhapatnam

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 31 May 2024

1.0

for Salary and Benefits

Likes

Work timings and on time salary

Dislikes

Worst company I have ever worked. No professional management. No response from the HR management. The branch manager of vizag branch very worst. If anythings doesnot goes according to him he simply keeps unpaid to the whole month employees attendance which will lead to loss of pay. If we complaint to HR level then also they won't take any action. The BM even asks money from the customers for settling death claims. He does not know how to talk with the employees. He does not have any BM qualities and qualifications.

see more salary related reviews

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a technical project manager

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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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Pramerica Life Insurance Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Pramerica Life Insurance?

Business Development Manager salary at Pramerica Life Insurance in India ranges between ₹3.0 Lakhs to ₹4.5 Lakhs for experience between 3 years to 14 years. According to our estimates it is 47% less than the average Business Development Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Pramerica Life Insurance India.

How does the salary of a Business Development Manager at Pramerica Life Insurance India compare with the average salary range for this job?

The average salary of a Business Development Manager at Pramerica Life Insurance is 47% less than the average salary of a Business Development Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Pramerica Life Insurance to a Business Development Manager in India?

Allianz Partners Business Development Manager Salary - ₹7.8 Lakhs to ₹10.0 Lakhs per year
Cholamandalam MS General Insurance Business Development Manager Salary - ₹3.2 Lakhs to ₹13.0 Lakhs per year
Medi Assist India Business Development Manager Salary - ₹4.5 Lakhs to ₹11.2 Lakhs per year
Digit Insurance Business Development Manager Salary - ₹4.2 Lakhs to ₹8.0 Lakhs per year
Kotak Mahindara Life Insurance Business Development Manager Salary - ₹2.0 Lakhs to ₹10.7 Lakhs per year

What is the salary of a Business Development Manager in companies similar to Pramerica Life Insurance in India?

Future Generali India Life Insurance Business Development Manager Salary - ₹3.5 Lakhs to ₹7.3 Lakhs per year
Paramount Health Services Tpa Business Development Manager Salary - ₹3.7 Lakhs to ₹7.0 Lakhs per year
Max Life Insurance Business Development Manager Salary - ₹2.2 Lakhs to ₹7.3 Lakhs per year
SBI Life Insurance Company Business Development Manager Salary - ₹1.9 Lakhs to ₹7.0 Lakhs per year
ACKO Business Development Manager Salary - ₹3.0 Lakhs to ₹9.5 Lakhs per year

What is the estimated take home salary of a Business Development Manager at Pramerica Life Insurance in India?

The estimated take-home salary of a Business Development Manager at Pramerica Life Insurance ranges between ₹29,190 per month to ₹30,567 per month in India. The take-home salary calculation is based on the average Pramerica Life Insurance Business Development Manager salary in India which ranges between ₹3.0 Lakhs to ₹4.5 Lakhs per year for employees with experience between 3 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Business Development Manager at Pramerica Life Insurance?

According to AmbitionBox, 60% of the Pramerica Life Insurance Business Development Managers reported a notice period of 15 days or less, 40% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

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Pramerica Life Insurance Business Development Manager Salaries

Pramerica Life Insurance Business Development Manager salary in India ranges between ₹3 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Pramerica Life Insurance latest salaries received from various employees of Pramerica Life Insurance.