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Edelweiss Life Insurance Business Manager salaries in India

Annual salary range
0 - 16 years exp.
₹3 Lakhs - ₹8.5 Lakhs
Salary of majority employees
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54% less than the average Business Manager Salary in Insurance Companies for 0 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Business Manager Salary
0 - 15 years exp. (17 salaries)
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₹3 L/yr - ₹8.5 L/yr

Sales & Business Development
Business Manager Salary
4 - 16 years exp. (8 salaries)
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₹4.5 L/yr - ₹8 L/yr

Marketing & Communication
Business Manager Salary
6 - 8 years exp. (AmbitionBox Estimate)
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₹3.3 L/yr - ₹4.5 L/yr

Last Updated: 26 Oct 2024

Companies similar to Edelweiss Life Insurance for Business Manager

Company name Avg Annual Salary Open Jobs
Logo
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₹2.2 L/yr - ₹5 L/yr

arrow icon 43% less
1 job opening
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₹3 L/yr - ₹6.3 L/yr

arrow icon 10% less
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₹4 L/yr - ₹6.5 L/yr

arrow icon 7% more
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₹3.8 L/yr - ₹6.5 L/yr

arrow icon 2% more
Logo
Aegon Life Insurance Business Manager Salary

5 - 9 years exp. (6 salaries)

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₹2.1 L/yr - ₹3.5 L/yr

arrow icon 46% less
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₹2 L/yr - ₹4.3 L/yr

arrow icon 36% less
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₹3 L/yr - ₹3.9 L/yr

arrow icon 37% less
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₹3.5 L/yr - ₹9.4 L/yr

arrow icon 4% less
Business Manager salary at Edelweiss Life Insurance ranges between ₹3 Lakhs to ₹8.5 Lakhs per year for employees with less than 1 year of experience to 16 years. Salary estimates are based on 34 latest salaries received from various employees of Edelweiss Life Insurance.

Latest annual salaries shared by Edelweiss Life Insurance Business Manager

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6 years exp.
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16 years exp.
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Experience wise Edelweiss Life Insurance Business Manager salaries

Last Updated: 26 Oct 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹3.2 L/yr - ₹7.7 L/yr
1 year (AmbitionBox Estimate)

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₹3.9 L/yr - ₹5 L/yr
2 years (AmbitionBox Estimate)

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₹4 L/yr - ₹5.2 L/yr
3 years (AmbitionBox Estimate)

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₹3 L/yr - ₹8.3 L/yr
4 years  (3 salaries)

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₹3 L/yr - ₹8.5 L/yr
View all

Similar Designation salaries in Edelweiss Life Insurance

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₹5.7 L/yr - ₹8.5 L/yr
Branch Manager Salary
(50 salaries)
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₹5.7 L/yr - ₹8.5 L/yr
Sales Manager Salary
(41 salaries)
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₹2.5 L/yr - ₹6 L/yr
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₹8 L/yr - ₹29 L/yr
Area Manager Salary
(16 salaries)
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₹10 L/yr - ₹16.7 L/yr
Deputy Manager Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.1 L/yr
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₹4.8 L/yr - ₹8.5 L/yr
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₹9 L/yr - ₹13.5 L/yr
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₹14 L/yr - ₹20 L/yr
Zonal Sales Manager Salary
(AmbitionBox Estimate)
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₹40.5 L/yr - ₹51.7 L/yr

Salary related reviews for Edelweiss Life Insurance

4.2

Rated by 8 employees for salary & benefits

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

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

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

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

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  • 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

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  • Salary - Poor
  • +3 more

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
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Edelweiss Life Insurance Business Manager Salary FAQs

What is the salary of Business Manager at Edelweiss Life Insurance ?
The average salary of a Business Manager at Edelweiss Life Insurance in India typically ranges from ₹3.0 Lakhs to ₹8.5 Lakhs per year, depending on experience (from Fresher to 16 years).

The top 10% of Business Manager at Edelweiss Life Insurance earn more than ₹7.7 Lakhs per year, and the top 1% earn over ₹8.5 Lakhs per year. Business 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 30+ Edelweiss Life Insurance employees in India.
What is the estimated take home salary of a Business Manager at Edelweiss Life Insurance in India?
The estimated take-home salary of a Business Manager at Edelweiss Life Insurance in India typically ranges from ₹39,188 to ₹40,366 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹8.5 Lakhs per year for employees with experience ranging from Fresher to 16 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 30+ salaries received from various employees of Edelweiss Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Edelweiss Life Insurance for Business Manager in India?
Cholamandalam MS General Insurance ₹4.0 Lakhs to ₹6.5 Lakhs per year
Future Generali India Life Insurance ₹3.8 Lakhs to ₹6.5 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.
What is the salary of a Business Manager in companies similar to Edelweiss Life Insurance in India?
The salary of a Business Manager at companies similar to Edelweiss Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Shriram General Insurance ₹3.5 Lakhs to ₹9.4 Lakhs per year
IndiaFirst Life Insurance ₹3.0 Lakhs to ₹6.3 Lakhs per year
Aegon Religare Life Insurance ₹2.0 Lakhs to ₹4.3 Lakhs per year
ManipalCigna Health Insurance ₹3.0 Lakhs to ₹3.9 Lakhs per year
Bharti AXA Life Insurance ₹2.2 Lakhs to ₹5.0 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 Manager at Edelweiss Life Insurance in India?
The salary growth for a Business Manager at Edelweiss Life Insurance depends on factors such as experience, performance, and promotions. On average, a Business Manager can expect the following growth trajectory at Edelweiss Life Insurance:

Experience Average Salary Range
Fresher ₹3.2 Lakhs to ₹7.7 Lakhs per year
1 year ₹3.9 Lakhs to ₹5.0 Lakhs per year
2 years ₹4.0 Lakhs to ₹5.2 Lakhs per year
3 years ₹3.0 Lakhs to ₹8.3 Lakhs per year
and so on.

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Edelweiss Life Insurance Business Manager salary in India ranges between ₹3 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 34 Edelweiss Life Insurance latest salaries received from various employees of Edelweiss Life Insurance.