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Edelweiss Life Insurance

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3.7

based on 938 Reviews

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Edelweiss Life Insurance Business Development Manager salaries in Hyderabad / Secunderabad

Annual salary range
1 - 10 years exp.
₹3 Lakhs - ₹4 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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48% less than the average Business Development Manager Salary in Insurance Companies for 1 - 10 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Business Development Manager Salary
1 - 9 years exp. (4 salaries)
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₹3 L/yr - ₹4 L/yr

Sales & Business Development
Business Development Manager Salary
2 - 7 years exp. (4 salaries)
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₹3.4 L/yr - ₹4 L/yr

Customer Success, Service & Operations
Business Development Manager Salary
8 years exp. (AmbitionBox Estimate)
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₹3.7 L/yr - ₹4 L/yr

Last Updated: 9 Nov 2024

Companies similar to Edelweiss Life Insurance for Business Development Manager in Hyderabad / Secunderabad

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Edelweiss Life Insurance Business Development Manager Salary

1 - 10 years exp. (13 salaries)
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₹3 L/yr - ₹4 L/yr

vs
Company name Avg Annual Salary Open Jobs
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IndiaFirst Life Insurance Business Development Manager Salary

0 - 10 years exp. (53 salaries)
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₹2.4 L/yr - ₹5.5 L/yr

arrow icon 3% more
 10 job openings
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Bharti AXA Life Insurance Business Development Manager Salary

0 - 10 years exp. (7 salaries)
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₹3.6 L/yr - ₹8.2 L/yr

arrow icon 12% more
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Aegon Life Insurance Business Development Manager Salary

5 - 7 years exp. (3 salaries)
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₹4.5 L/yr - ₹6 L/yr

arrow icon 27% more
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Aditya Birla Health Insurance Co Business Development Manager Salary

5 - 6 years exp. (3 salaries)
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₹4.7 L/yr - ₹5.5 L/yr

arrow icon 28% more
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BYJU'S Business Development Manager Salary

1 - 9 years exp. (286 salaries)
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₹6 L/yr - ₹18 L/yr

arrow icon 162% more
Business Development Manager salary at Edelweiss Life Insurance ranges between ₹3 Lakhs to ₹4 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 13 latest salaries received from various employees of Edelweiss Life Insurance.

Latest annual salaries shared by Edelweiss Life Insurance Business Development Manager in Hyderabad / Secunderabad

5mo ago
₹4 Lakhs
8 years exp.
11mo ago
₹3.4 Lakhs
2 years exp.
1y ago
₹4 Lakhs
7 years exp.
1y ago
₹3.3 Lakhs
6 years exp.

Experience wise Edelweiss Life Insurance Business Development Manager salaries in Hyderabad / Secunderabad

Last Updated: 9 Nov 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.2 L/yr
2 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.2 L/yr
3 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.3 L/yr
4 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.3 L/yr
5 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.4 L/yr
View all

Similar Designation salaries in Edelweiss Life Insurance

Senior Business Development Manager Salary
(4 salaries)
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₹4.4 L/yr - ₹6.2 L/yr
Business Manager Salary
(3 salaries)
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₹5 L/yr - ₹5.3 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

5.0

Rated by 3 employees for salary & benefits

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.

read more
  • 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....

read more
  • 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.

read more
  • 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.

read more
  • 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.

read more
  • 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.

read more

Trainer in Gorakhpur

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 28 Apr 2022
3.0
 for  Salary and Benefits

Likes

Good work environment and culture. Company policies are good, appraisala are fair and they give good .

  • Skill development - Excellent
    • +2 more

Dislikes

Salary is decent but career growth is slow There is a bond of 2years before which you cannot resign.

read more
  • Promotions - Poor
see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

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Salary Discussions, Hike & Promotions
1w (edited)
an inside sales executive
Unexpected job policies: stay or switch?
I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?
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Edelweiss Life Insurance Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Edelweiss Life Insurance in Hyderabad / Secunderabad?
The average salary of a Business Development Manager at Edelweiss Life Insurance in Hyderabad / Secunderabad typically ranges from ₹3.0 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of Business Development Manager in Hyderabad / Secunderabad at Edelweiss Life Insurance earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Business Development Manager Salaries at Edelweiss Life Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 10+ Edelweiss Life Insurance employees in India.
What is the estimated take home salary of a Business Development Manager at Edelweiss Life Insurance in Hyderabad / Secunderabad?
The estimated take-home salary of a Business Development Manager at Edelweiss Life Insurance in Hyderabad / Secunderabad typically ranges from ₹28,082 to ₹29,475 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 1 year to 10 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10+ salaries received from various employees of Edelweiss Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Business Development Manager at Edelweiss Life Insurance in Hyderabad / Secunderabad?
To be a Business Development Manager at Edelweiss Life Insurance in Hyderabad / Secunderabad, the key skills required include:

  • - Business Development Management
  • - Agent Recruitment
  • - Life Insurance
  • - Insurance Sales
  • - Business Development

These skills are highly valued at Edelweiss Life Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Edelweiss Life Insurance for Business Development Manager in India?
BYJU'S ₹6.0 Lakhs to ₹18.0 Lakhs per year
Aditya Birla Health Insurance Co ₹4.7 Lakhs to ₹5.5 Lakhs per year
Aegon Life Insurance ₹4.5 Lakhs to ₹6.0 Lakhs per year
Bharti AXA Life Insurance ₹3.6 Lakhs to ₹8.2 Lakhs per year
IndiaFirst Life Insurance ₹2.4 Lakhs to ₹5.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Edelweiss Life Insurance, depending on the role and experience level.
How the salary growth look like for a Business Development Manager at Edelweiss Life Insurance in Hyderabad / Secunderabad?
The salary growth for a Business Development Manager at Edelweiss Life Insurance in Hyderabad / Secunderabad depends on factors such as experience, performance, and promotions. On average, a Business Development Manager in Hyderabad / Secunderabad can expect the following growth trajectory at Edelweiss Life Insurance:

Experience Average Salary Range
1 year ₹3.3 Lakhs to ₹4.2 Lakhs per year
2 years ₹3.3 Lakhs to ₹4.2 Lakhs per year
3 years ₹3.3 Lakhs to ₹4.3 Lakhs per year
4 years ₹3.4 Lakhs to ₹4.3 Lakhs per year
and so on.

Tell us how to improve this page.

Edelweiss Life Insurance Business Development Manager salary in Hyderabad / Secunderabad ranges between ₹3 Lakhs to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 13 Edelweiss Life Insurance latest salaries received from various employees of Edelweiss Life Insurance.