Likes
On time salary. Friendly environment. Good office set up. Excellent customer service. Good ethics on all parameters.
read more
Annual salary range
2 - 10 years exp.
₹1.5
Lakh - ₹4.5
Lakhs
Login to view
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 salary48% less than the average Business Development Manager Salary in Insurance Companies for 2 - 10 years of experience
Interested in this particular role?
Salaries in different departments
BFSI, Investments & Trading
Business Development Manager Salary
2 - 9
years
exp.
(8
salaries)
|  ₹2.9 L/yr - ₹4.5 L/yr |
Login to view exact salary
| |
Sales & Business Development
Business Development Manager Salary
9 - 10
years
exp.
(AmbitionBox Estimate)
| ₹3.5 L/yr - ₹4 L/yr |
Companies similar to Edelweiss Tokio Life Insurance for Business Development Manager in Mumbai
Edelweiss Tokio Life Insurance
Business Development Manager Salary
2 - 10 years exp. (16 salaries) |  ₹1.5 L/yr - ₹4.5 L/yr |
vs
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 HDFC Life Business Development Manager Salary
0 - 10 years exp. (185 salaries) | ₹1.9 L/yr - ₹4.5 L/yr 
6%
less | 12 job openings |
 SBI Life Insurance Company Business Development Manager Salary
3 - 12 years exp. (60 salaries) | ₹3 L/yr - ₹7 L/yr 
26%
more | 1 job opening |
Login to view exact salary
| ||
 Max Life Insurance Business Development Manager Salary
2 - 10 years exp. (15 salaries) | ₹4 L/yr - ₹7 L/yr
34%
more | 1 job opening |
 Bajaj Allianz Life Insurance Business Development Manager Salary
0 - 12 years exp. (22 salaries) | ₹3.7 L/yr - ₹5.5 L/yr
18%
more | |
 Reliance Nippon Life Insurance Business Development Manager Salary
3 - 10 years exp. (4 salaries) | ₹4 L/yr - ₹6 L/yr
5%
more | |
 Kotak Mahindara Life Insurance Business Development Manager Salary
4 - 13 years exp. (10 salaries) | ₹3.7 L/yr - ₹8.8 L/yr
60%
more | 5 job openings |
 Aditya Birla Sun Life Insurance Business Development Manager Salary
0 - 12 years exp. (24 salaries) | ₹4.1 L/yr - ₹6.5 L/yr
15%
more | |
 IndiaFirst Life Insurance Business Development Manager Salary
0 - 11 years exp. (55 salaries) | ₹2.2 L/yr - ₹5 L/yr
5%
more | |
 Cholamandalam MS General Insurance Business Development Manager Salary
5 - 13 years exp. (7 salaries) | ₹4.5 L/yr - ₹13 L/yr
108%
more | |
 Future Generali India Life Insurance Business Development Manager Salary
3 - 12 years exp. (6 salaries) | ₹5 L/yr - ₹7 L/yr
39%
more | |
 Allianz Partners Business Development Manager Salary
4 - 6 years exp. (3 salaries) | ₹7.8 L/yr - ₹10 L/yr
138%
more | |
Login to view exact salary
| ||
 Bharti AXA Life Insurance Business Development Manager Salary
3 - 7 years exp. (3 salaries) | ₹3 L/yr - ₹6.4 L/yr
9%
more | |
 Paramount Health Services Tpa Business Development Manager Salary
10 - 16 years exp. (3 salaries) | ₹4.9 L/yr - ₹7 L/yr
35%
more | |
Business Development Manager salary at Edelweiss Tokio Life Insurance ranges between ₹1.5
Lakh
to ₹4.5
Lakhs
per year for employees with experience between 2 years to 10 years. Salary
estimates are based on
16 latest salaries received
from various employees of Edelweiss Tokio Life Insurance.
Latest annual salaries shared by Edelweiss Tokio Life Insurance Business Development Manager in Mumbai
2mo ago
5
years
exp.
1y ago
4
years
exp.
1y ago
3
years
exp.
1y ago
4
years
exp.
1y ago
10
years
exp.
1y ago
2
years
exp.
1y ago
9
years
exp.
1y ago
4
years
exp.
1y ago
9
years
exp.
1y ago
2
years
exp.
Experience wise Edelweiss Tokio Life Insurance Business Development Manager salaries in Mumbai
Last Updated: 21 Sep 2024
| Experience | Avg Annual Salary |
|---|---|
| 2 years (3 salaries) |
₹1.5
L/yr
- ₹6.6
L/yr
|
| 3 years (AmbitionBox Estimate) |
₹3.5
L/yr
- ₹6.7
L/yr
|
Login to view exact salary
| |
| 4 years (4 salaries) |
₹3
L/yr
- ₹4.1
L/yr
|
| 5 years (AmbitionBox Estimate) |
₹1.5
L/yr
- ₹4.5
L/yr
|
| 6 years (AmbitionBox Estimate) |
₹1.5
L/yr
- ₹4.4
L/yr
|
View all
Similar Designation salaries in Edelweiss Tokio Life Insurance
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
Discover interview dos and don'ts from real experiences
Top trending discussions
View All
Salary Discussions, Hike & Promotions
1w
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?
Got a question about Edelweiss Tokio Life Insurance?
Ask anonymously on communities.
Edelweiss Tokio Life Insurance Business Development Manager Salary FAQs
What is the salary of Business Development Manager at Edelweiss Tokio Life Insurance Mumbai?
Business Development Manager salary at Edelweiss Tokio Life Insurance in Mumbai ranges between ₹1.5 Lakhs to ₹4.5 Lakhs for experience between 2 years to 10 years. According to our estimates it is 48% less than the average Business Development Manager Salary in India. Salary estimates are based on 16 latest salaries received from various employees of Edelweiss Tokio Life Insurance Mumbai.
How does the salary of a Business Development Manager at Edelweiss Tokio Life Insurance Mumbai 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 Mumbai. 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 Mumbai.
Which similar companies are paying more than Edelweiss Tokio Life Insurance to a Business Development Manager in Mumbai?
- Allianz Partners Business Development Manager Salary - ₹7.8 Lakhs to ₹10.0 Lakhs per year
- Cholamandalam MS General Insurance Business Development Manager Salary - ₹4.5 Lakhs to ₹13.0 Lakhs per year
- Kotak Mahindara Life Insurance Business Development Manager Salary - ₹3.7 Lakhs to ₹8.8 Lakhs per year
- Future Generali India Life Insurance Business Development Manager Salary - ₹5.0 Lakhs to ₹7.0 Lakhs per year
- Paramount Health Services Tpa Business Development Manager Salary - ₹4.9 Lakhs to ₹7.0 Lakhs per year
What is the salary of a Business Development Manager in companies similar to Edelweiss Tokio Life Insurance in Mumbai?
- Max Life Insurance Business Development Manager Salary - ₹4.0 Lakhs to ₹7.0 Lakhs per year
- SBI Life Insurance Company Business Development Manager Salary - ₹3.0 Lakhs to ₹7.0 Lakhs per year
- Bajaj Allianz Life Insurance Business Development Manager Salary - ₹3.7 Lakhs to ₹5.5 Lakhs per year
- Aditya Birla Sun Life Insurance Business Development Manager Salary - ₹4.1 Lakhs to ₹6.5 Lakhs per year
- Bharti AXA Life Insurance Business Development Manager Salary - ₹3.0 Lakhs to ₹6.4 Lakhs per year
What is the estimated take home salary of a Business Development Manager at Edelweiss Tokio Life Insurance in Mumbai?
The estimated take-home salary of a Business Development Manager at Edelweiss Tokio Life Insurance ranges between ₹28,124 per month to ₹29,516 per month in Mumbai. The take-home salary calculation is based on the average Edelweiss Tokio Life Insurance Business Development Manager salary in India which ranges between ₹1.5 Lakhs to ₹4.5 Lakhs per year for employees with experience between 2 years to 10 years. Check how did we calculate take home salary?
What is the notice period for Business Development Manager at Edelweiss Tokio Life Insurance in Mumbai?
According to AmbitionBox, 67% of the Edelweiss Tokio Life Insurance Business Development Managers in Mumbai 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.
Tell us how to improve this page.
- Home >
- Salaries >
- Edelweiss Tokio Life Insurance Salaries >
- Edelweiss Tokio Life Insurance Business Development Manager Salaries >
- Edelweiss Tokio Life Insurance Business Development Manager Salaries in Mumbai
Edelweiss Tokio Life Insurance Business Development Manager salary
in
Mumbai
ranges between ₹1.5
Lakh to ₹4.5
Lakhs with an average annual salary of
₹. Salary estimates are based on
16
Edelweiss Tokio Life Insurance latest salaries received from various employees of
Edelweiss Tokio Life Insurance.