Edelweiss Tokio Life Insurance Bangalore / Bengaluru Business Development Manager Salaries by 4 Employees (Updated 2024)

2 - 6 years exp.

₹3.2 Lakhs - ₹5.5 Lakhs

Salary of majority employees

48% less than the average Business Development Manager Salary in Insurance Companies for 2 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Business Development Manager Salary 6 years exp. (AmbitionBox Estimate)	₹3.7 L/yr - ₹5.5 L/yr
Customer Success, Service & Operations Business Development Manager Salary 6 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.5 L/yr
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Finance & Accounting Business Development Manager Salary 4 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.4 L/yr

Last Updated: 24 Apr 2023

Companies similar to Edelweiss Tokio Life Insurance for Business Development Manager in Bangalore / Bengaluru

Edelweiss Tokio Life Insurance Business Development Manager Salary

2 - 6 years exp. (4 salaries)

₹3.2 L/yr - ₹5.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Business Development Manager Salary 0 - 9 years exp. (87 salaries)	₹1.8 L/yr - ₹4.5 L/yr 9% less	12 job openings
SBI Life Insurance Company Business Development Manager Salary 0 - 13 years exp. (99 salaries)	₹2.7 L/yr - ₹6.5 L/yr 22% more	1 job opening
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Max Life Insurance Business Development Manager Salary 2 - 10 years exp. (7 salaries)	₹4 L/yr - ₹6.9 L/yr 30% more	4 job openings
Bajaj Allianz Life Insurance Business Development Manager Salary 0 - 6 years exp. (8 salaries)	₹3.5 L/yr - ₹4.4 L/yr 8% more	1 job opening
Kotak Mahindara Life Insurance Business Development Manager Salary 8 - 13 years exp. (4 salaries)	₹4.1 L/yr - ₹7.9 L/yr 75% more	5 job openings
Tata AIA Life Insurance Business Development Manager Salary 3 - 5 years exp. (3 salaries)	₹3 L/yr - ₹3.4 L/yr 20% less
Aditya Birla Sun Life Insurance Business Development Manager Salary 4 - 8 years exp. (6 salaries)	₹4.1 L/yr - ₹5 L/yr 10% more
Bharti AXA Life Insurance Business Development Manager Salary 4 - 9 years exp. (3 salaries)	₹4.5 L/yr - ₹8 L/yr 32% more

Business Development Manager salary at Edelweiss Tokio Life Insurance ranges between ₹3.2 Lakhs to ₹5.5 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Edelweiss Tokio Life Insurance.

Experience wise Edelweiss Tokio Life Insurance Business Development Manager salaries in Bangalore / Bengaluru

Last Updated: 24 Apr 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹5 L/yr
3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
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4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹7 L/yr
5 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
6 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹5.5 L/yr

Similar Designation salaries in Edelweiss Tokio Life Insurance

Relationship Manager Salary

(16 salaries)

₹2.3 L/yr - ₹5.85 L/yr

Deputy Relationship Manager Salary

(5 salaries)

₹4.8 L/yr - ₹5.5 L/yr

Sales Manager Salary

(4 salaries)

₹3.6 L/yr - ₹4.6 L/yr

Area Sales Head Salary

(4 salaries)

₹10 L/yr - ₹13 L/yr

Branch Manager Salary

(4 salaries)

₹6 L/yr - ₹7 L/yr

Cluster Manager Salary

(3 salaries)

₹8.08 L/yr - ₹13.06 L/yr

Top skills at Edelweiss Tokio Life Insurance for Business Development Manager

Business Development Management Agent Recruitment Life Insurance Insurance Sales Business Development Health Insurance Sales Field Sales Management Tied Channel General Insurance agency Team Management Agency Sales Sales Achievement Primary Sales

Salary related reviews for Edelweiss Tokio Life Insurance

Territory Manager in Tiruchirappalli

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 30 Dec 2022

5.0

for Salary and Benefits

Likes

On time salary. Friendly environment. Good office set up. Excellent customer service. Good ethics on all parameters.

Dislikes

No training and development on career point of views and work related training Updation

Housekeeping Supervisor in Chennai

Full Time

Food, Beverage & Hospitality Department

2.0

• posted on 11 Sep 2023

3.0

for Salary and Benefits

Likes

function time there provide foods for all staff's

Dislikes

salary is very low. there didn't increase. 4 years am working but my salary 8000 only. thats why i resign my job. qm waiting more than 4 month for my pension .still there didn't provide my pension amount and experience amount....

Branch Operation Executive in New Delhi

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 24 Aug 2023

2.0

for Salary and Benefits

Likes

...abt com. 1st Three hears was good, but after covid company behaving like weird. No hike No proposion No increment Branch counter guy sent for premium collection like recovery officer.

Dislikes

No balance in professional n personal. No time limit. Hr's are just show piese for other than sales recruitment. Only sales oriented company, which is good for company but not for employees.

Process Analyst (working remotely)

Full Time

Risk Management & Compliance Department

3.0

• posted on 05 Aug 2024

2.0

for Salary and Benefits

Likes

Job Security Learning Work Life Balance Super Boss is Friendly Decent Infrastructure Timely Payment of Salary Awards and Recognition People Friendly HR Fun activities Manager allows to take leave Saturday and Sunday off

Dislikes

Manager is strict No playing area Canteen is congested Loss Making company Growth is slow Limited Budget for innovations

Branch Operation Executive in Varanasi

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 25 Jun 2020

3.0

for Salary and Benefits

Likes

There are supportive senior boss. In covid19 salary not break it's release every last day of month. All work perform work from home.

Dislikes

There are job role branch operations executive but still add some extra profile like calling to customer, collect renuwal like target based.

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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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Edelweiss Tokio Life Insurance Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Edelweiss Tokio Life Insurance Bangalore / Bengaluru?

Business Development Manager salary at Edelweiss Tokio Life Insurance in Bangalore / Bengaluru ranges between ₹3.2 Lakhs to ₹5.5 Lakhs for experience between 2 years to 6 years. According to our estimates it is 48% less than the average Business Development Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Edelweiss Tokio Life Insurance Bangalore / Bengaluru.

How does the salary of a Business Development Manager at Edelweiss Tokio Life Insurance Bangalore / Bengaluru compare with the average salary range for this job?

The average salary of a Business Development Manager at Edelweiss Tokio Life Insurance is 48% less than the average salary of a Business Development Manager in Bangalore / Bengaluru. To know exact salary insights, login to view.

What are the top skills required to work as a Business Development Manager at Edelweiss Tokio Life Insurance?

Business Development Management, Agent Recruitment, Life Insurance, Insurance Sales and Business Development are some of the popular skills required to work as a Business Development Manager at Edelweiss Tokio Life Insurance Bangalore / Bengaluru.

Which similar companies are paying more than Edelweiss Tokio Life Insurance to a Business Development Manager in Bangalore / Bengaluru?

Kotak Mahindara Life Insurance Business Development Manager Salary - ₹4.1 Lakhs to ₹7.9 Lakhs per year
Bharti AXA Life Insurance Business Development Manager Salary - ₹4.5 Lakhs to ₹8.0 Lakhs per year
Max Life Insurance Business Development Manager Salary - ₹4.0 Lakhs to ₹6.9 Lakhs per year
SBI Life Insurance Company Business Development Manager Salary - ₹2.7 Lakhs to ₹6.5 Lakhs per year
Aditya Birla Sun Life Insurance Business Development Manager Salary - ₹4.1 Lakhs to ₹5.0 Lakhs per year

What is the salary of a Business Development Manager in companies similar to Edelweiss Tokio Life Insurance in Bangalore / Bengaluru?

Bajaj Allianz Life Insurance Business Development Manager Salary - ₹3.5 Lakhs to ₹4.4 Lakhs per year
HDFC Life Business Development Manager Salary - ₹1.8 Lakhs to ₹4.5 Lakhs per year
Tata AIA Life Insurance Business Development Manager Salary - ₹3.0 Lakhs to ₹3.4 Lakhs per year

What is the estimated take home salary of a Business Development Manager at Edelweiss Tokio Life Insurance in Bangalore / Bengaluru?

The estimated take-home salary of a Business Development Manager at Edelweiss Tokio Life Insurance ranges between ₹29,221 per month to ₹30,597 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average Edelweiss Tokio Life Insurance Business Development Manager salary in India which ranges between ₹3.2 Lakhs to ₹5.5 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Business Development Manager at Edelweiss Tokio Life Insurance in Bangalore / Bengaluru?

According to AmbitionBox, 50% of the Edelweiss Tokio Life Insurance Business Development Managers in Bangalore / Bengaluru reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

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Edelweiss Tokio Life Insurance Business Development Manager Salaries in Bangalore / Bengaluru

Edelweiss Tokio Life Insurance Business Development Manager salary in Bangalore / Bengaluru ranges between ₹3.2 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Edelweiss Tokio Life Insurance latest salaries received from various employees of Edelweiss Tokio Life Insurance.

Edelweiss Tokio Life Insurance Business Development Manager salaries in Bangalore / Bengaluru

Companies similar to Edelweiss Tokio Life Insurance for Business Development Manager in Bangalore / Bengaluru

Latest annual salaries shared by Edelweiss Tokio Life Insurance Business Development Manager in Bangalore / Bengaluru

Experience wise Edelweiss Tokio Life Insurance Business Development Manager salaries in Bangalore / Bengaluru

Similar Designation salaries in Edelweiss Tokio Life Insurance

Top skills at Edelweiss Tokio Life Insurance for Business Development Manager

Salary related reviews for Edelweiss Tokio Life Insurance

Territory Manager in Tiruchirappalli

Housekeeping Supervisor in Chennai

Branch Operation Executive in New Delhi

Process Analyst (working remotely)

Branch Operation Executive in Varanasi

Edelweiss Tokio Life Insurance Business Development Manager Salary FAQs

Tell us how to improve this page.