Edelweiss Life Insurance Bangalore / Bengaluru Business Development Manager Salaries by 4 Employees (Updated 2025)

2 - 6 years exp.

₹3.2 Lakhs - ₹5.5 Lakhs

Salary of majority employees

46% 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)	₹3.9 L/yr - ₹5.5 L/yr
Customer Success, Service & Operations Business Development Manager Salary 6 years exp. (AmbitionBox Estimate)	₹4 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 Life Insurance for Business Development Manager in Bangalore / Bengaluru

Edelweiss 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 - ₹5 L/yr 9% less	14 job openings
SBI Life Insurance Company Business Development Manager Salary 0 - 13 years exp. (100 salaries)	₹2.7 L/yr - ₹6.5 L/yr 19% more
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Max Life Insurance Business Development Manager Salary 2 - 8 years exp. (6 salaries)	₹4 L/yr - ₹6.9 L/yr 24% more	3 job openings
Bajaj Allianz Life Insurance Business Development Manager Salary 0 - 7 years exp. (11 salaries)	₹3.5 L/yr - ₹5.1 L/yr 4% more	2 job openings
Kotak Mahindara Life Insurance Business Development Manager Salary 2 - 12 years exp. (6 salaries)	₹2.2 L/yr - ₹8.9 L/yr 26% more	2 job openings
Tata AIA Life Insurance Business Development Manager Salary 3 - 5 years exp. (3 salaries)	₹3 L/yr - ₹3.4 L/yr 23% less
Aditya Birla Sun Life Insurance Business Development Manager Salary 4 - 8 years exp. (7 salaries)	₹4.1 L/yr - ₹5 L/yr 3% more
IndiaFirst Life Insurance Business Development Manager Salary 0 - 12 years exp. (48 salaries)	₹2.1 L/yr - ₹5.5 L/yr 1% less	6 job openings
Bharti AXA Life Insurance Business Development Manager Salary 4 - 9 years exp. (3 salaries)	₹4.5 L/yr - ₹8 L/yr 30% more

Business Development Manager salary at Edelweiss 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 Life Insurance.

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

Last Updated: 24 Apr 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹5 L/yr
3 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹7.3 L/yr
5 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
6 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹5.5 L/yr

Similar Designation salaries in Edelweiss 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

Senior Relationship Manager Salary

(3 salaries)

₹3.5 L/yr - ₹5.75 L/yr

Top skills at Edelweiss 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 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.

Salary - Excellent

+5 more

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

Skill development - Good

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....

Job security - Bad

+2 more

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.

Skill development - Good

+1 more

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.

Salary - Poor

+3 more

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

Skill development - Excellent

+2 more

Dislikes

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

Salary - Poor

+3 more

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.

Promotions - Good

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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I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Edelweiss Life Insurance Business Development Manager Salary FAQs

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

Business Development Manager salary at Edelweiss 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 46% less than the average Business Development Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Edelweiss Life Insurance Bangalore / Bengaluru.

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

The average salary of a Business Development Manager at Edelweiss Life Insurance is 46% 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 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 Life Insurance Bangalore / Bengaluru.

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

Bharti AXA Life Insurance Business Development Manager Salary - ₹4.5 Lakhs to ₹8.0 Lakhs per year
Kotak Mahindara Life Insurance Business Development Manager Salary - ₹2.2 Lakhs to ₹8.9 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
Bajaj Allianz Life Insurance Business Development Manager Salary - ₹3.5 Lakhs to ₹5.1 Lakhs per year

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

Aditya Birla Sun Life Insurance Business Development Manager Salary - ₹4.1 Lakhs to ₹5.0 Lakhs per year
IndiaFirst Life Insurance Business Development Manager Salary - ₹2.1 Lakhs to ₹5.5 Lakhs per year
HDFC Life Business Development Manager Salary - ₹1.8 Lakhs to ₹5.0 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 Life Insurance in Bangalore / Bengaluru?

The estimated take-home salary of a Business Development Manager at Edelweiss Life Insurance ranges between ₹30,400 per month to ₹31,708 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average Edelweiss 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 Life Insurance in Bangalore / Bengaluru?

According to AmbitionBox, 67% of the Edelweiss Life Insurance Business Development Managers in Bangalore / Bengaluru reported a notice period of 1 Month, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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Edelweiss Life Insurance Business Development Manager Salaries in Bangalore / Bengaluru

Edelweiss 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 Life Insurance latest salaries received from various employees of Edelweiss Life Insurance.

Edelweiss Life Insurance Business Development Manager salaries in Bangalore / Bengaluru

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

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

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

Similar Designation salaries in Edelweiss Life Insurance

Top skills at Edelweiss Life Insurance for Business Development Manager

Salary related reviews for Edelweiss 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 Life Insurance Business Development Manager Salary FAQs

Tell us how to improve this page.