Edelweiss Life Insurance New Delhi Business Development Manager Salaries by 10+ Employees

1 - 10 years exp.

₹2.6 Lakhs - ₹4 Lakhs

Avg. annual salary

Monthly In-hand Salary

51% 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

Sales & Business Development Business Development Manager Salary 3 - 10 years exp. (5 salaries)	₹3 L/yr - ₹4 L/yr
BFSI, Investments & Trading Business Development Manager Salary 3 - 9 years exp. (3 salaries)	₹3 L/yr - ₹3.8 L/yr
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Customer Success, Service & Operations Business Development Manager Salary 2 - 10 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr

Last Updated: 8 Aug 2024

Companies similar to Edelweiss Life Insurance for Business Development Manager in New Delhi

Edelweiss Life Insurance Business Development Manager Salary

1 - 10 years exp. (13 salaries)

₹2.6 L/yr - ₹4 L/yr

Company name	Avg Annual Salary	Open Jobs
IndiaFirst Life Insurance Business Development Manager Salary 0 - 9 years exp. (70 salaries)	₹2.4 L/yr - ₹5.5 L/yr 14% more	10 job openings
Aditya Birla Health Insurance Co Business Development Manager Salary 3 - 8 years exp. (6 salaries)	₹3.8 L/yr - ₹6 L/yr 34% more
Login to view exact salary
Cholamandalam MS General Insurance Business Development Manager Salary 1 - 13 years exp. (5 salaries)	₹3.9 L/yr - ₹13.5 L/yr 129% more
Bharti AXA Life Insurance Business Development Manager Salary 3 - 9 years exp. (5 salaries)	₹3.4 L/yr - ₹8.8 L/yr 19% more
Magma HDI General Insurance Business Development Manager Salary 5 - 8 years exp. (4 salaries)	₹9 L/yr - ₹13.6 L/yr 206% more
Future Generali India Life Insurance Business Development Manager Salary 8 - 12 years exp. (4 salaries)	₹4.7 L/yr - ₹6.1 L/yr 45% more	1 job opening
Birla Sun Life Mutual Fund Business Development Manager Salary 17 - 19 years exp. (3 salaries)	₹22.5 L/yr - ₹28.8 L/yr 598% more

Business Development Manager salary at Edelweiss Life Insurance ranges between ₹2.6 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.

Experience wise Edelweiss Life Insurance Business Development Manager salaries in New Delhi

Last Updated: 8 Aug 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
2 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
Login to view exact salary
3 years (4 salaries)	₹3 L/yr - ₹4 L/yr
4 years (3 salaries)	₹2.6 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
6 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
7 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
8 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
9 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr
10 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr

View all

Similar Designation salaries in Edelweiss Life Insurance

Business Manager Salary

(8 salaries)

₹3.15 L/yr - ₹7.15 L/yr

Senior Business Development Manager Salary

(4 salaries)

₹4.4 L/yr - ₹4.5 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

1.2

Rated by 2 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.

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

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.

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.

Promotions - Poor

see more salary related reviews

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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 New Delhi?

The average salary of a Business Development Manager at Edelweiss Life Insurance in New Delhi typically ranges from ₹2.6 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of Business Development Manager in New Delhi 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 New Delhi?

The estimated take-home salary of a Business Development Manager at Edelweiss Life Insurance in New Delhi typically ranges from ₹26,185 to ₹27,606 per month. This is based on the average salary range of ₹2.6 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 New Delhi?

To be a Business Development Manager at Edelweiss Life Insurance in New Delhi, 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?

Birla Sun Life Mutual Fund	₹22.5 Lakhs to ₹28.8 Lakhs per year
Magma HDI General Insurance	₹9.0 Lakhs to ₹13.6 Lakhs per year
Cholamandalam MS General Insurance	₹3.9 Lakhs to ₹13.5 Lakhs per year
Future Generali India Life Insurance	₹4.7 Lakhs to ₹6.1 Lakhs per year
Aditya Birla Health Insurance Co	₹3.8 Lakhs to ₹6.0 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.

What is the salary of a Business Development Manager in companies similar to Edelweiss Life Insurance in New Delhi?

The salary of a Business Development Manager at companies similar to Edelweiss Life Insurance in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bharti AXA Life Insurance	₹3.4 Lakhs to ₹8.8 Lakhs per year
IndiaFirst Life Insurance	₹2.4 Lakhs to ₹5.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Business Development Manager at Edelweiss Life Insurance in New Delhi?

The salary growth for a Business Development Manager at Edelweiss Life Insurance in New Delhi depends on factors such as experience, performance, and promotions. On average, a Business Development Manager in New Delhi can expect the following growth trajectory at Edelweiss Life Insurance:

Experience	Average Salary Range
1 year	₹3.1 Lakhs to ₹3.9 Lakhs per year
2 years	₹3.1 Lakhs to ₹4.0 Lakhs per year
3 years	₹3.0 Lakhs to ₹4.0 Lakhs per year
4 years	₹2.6 Lakhs to ₹4.0 Lakhs per year

and so on.

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Edelweiss Life Insurance Business Development Manager Salaries in New Delhi

Edelweiss Life Insurance Business Development Manager salary in New Delhi ranges between ₹2.6 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 Edelweiss Life Insurance latest salaries received from various employees of Edelweiss Life Insurance.