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Edelweiss Life Insurance Development Manager salaries in India (Updated 2025)

Annual salary range
0 - 13 years exp.
₹2.2 Lakhs - ₹5.3 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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77% less than the average Development Manager Salary in Insurance Companies for 0 - 13 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

Sales & Business Development
Development Manager Salary
0 - 13 years exp. (66 salaries)
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₹2.5 L/yr - ₹5.3 L/yr

BFSI, Investments & Trading
Development Manager Salary
0 - 13 years exp. (56 salaries)
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₹2.2 L/yr - ₹4 L/yr

Marketing & Communication
Development Manager Salary
2 - 10 years exp. (13 salaries)
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₹2.6 L/yr - ₹5 L/yr

Finance & Accounting
Development Manager Salary
3 - 8 years exp. (4 salaries)
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₹2.5 L/yr - ₹3.3 L/yr

Human Resources
Development Manager Salary
2 - 6 years exp. (4 salaries)
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₹2.5 L/yr - ₹3.3 L/yr

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Last Updated: 16 Mar 2025

Companies similar to Edelweiss Life Insurance for Development Manager

Company name Avg Annual Salary Open Jobs
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₹1 L/yr - ₹3.5 L/yr

arrow icon 15% less
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₹3 L/yr - ₹3.6 L/yr

arrow icon 8% more
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₹1.8 L/yr - ₹4.8 L/yr

arrow icon 5% more
2 job openings
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₹2.2 L/yr - ₹5 L/yr

arrow icon 25% more
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Standard Chartered Development Manager Salary

9 - 17 years exp. (107 salaries)

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₹12.6 L/yr - ₹40 L/yr

arrow icon 811% more
Development Manager salary at Edelweiss Life Insurance ranges between ₹2.2 Lakhs to ₹5.3 Lakhs per year for employees with less than 1 year of experience to 13 years. Salary estimates are based on 208 latest salaries received from various employees of Edelweiss Life Insurance.

Latest annual salaries shared by Edelweiss Life Insurance Development Manager

1w ago
₹2.6 Lakhs
4 years exp.
1mo ago
₹3.1 Lakhs
4 years exp.
1mo ago
₹3 Lakhs
8 years exp.
2mo ago
₹3 Lakhs
3 years exp.
2mo ago
₹2.7 Lakhs
6 years exp.
2mo ago
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1 year exp.
4mo ago
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6 years exp.
5mo ago
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3 months exp.
5mo ago
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1 year exp.
7mo ago
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13 years exp.

Experience wise Edelweiss Life Insurance Development Manager salaries

Last Updated: 16 Mar 2025

Experience Avg Annual Salary
Fresher  (15 salaries)

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₹2.4 L/yr - ₹4.5 L/yr
1 year  (16 salaries)

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₹2.5 L/yr - ₹4 L/yr
2 years  (23 salaries)

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₹2.2 L/yr - ₹3.5 L/yr
3 years  (19 salaries)

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₹2.5 L/yr - ₹3.5 L/yr
4 years  (19 salaries)

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₹2.5 L/yr - ₹3.5 L/yr
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Similar Designation salaries in Edelweiss Life Insurance

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₹6 L/yr - ₹18 L/yr
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₹11 L/yr - ₹21 L/yr
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₹13 L/yr - ₹17 L/yr
Engineering Manager Salary
(AmbitionBox Estimate)
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₹54.2 L/yr - ₹59.9 L/yr
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₹15 L/yr - ₹17.1 L/yr
Scrum Master Salary
(AmbitionBox Estimate)
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₹9.9 L/yr - ₹12.6 L/yr
Software Engineer Salary
(AmbitionBox Estimate)
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₹5.9 L/yr - ₹7.5 L/yr
Technical Lead Salary
(AmbitionBox Estimate)
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₹15.1 L/yr - ₹19.3 L/yr
Senior Consultant Salary
(AmbitionBox Estimate)
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₹6.4 L/yr - ₹8.2 L/yr
Associate Director Salary
(AmbitionBox Estimate)
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₹34.2 L/yr - ₹43.7 L/yr

Top skills at Edelweiss Life Insurance for Development Manager

SAS SQL Marking ICF Life Insurance Agent Recruitment

Salary related reviews for Edelweiss Life Insurance

3.7

Rated by 100 employees for salary & benefits

Teaching & Training Department

1.0
  •  posted on 20 May 2021

1.0
 for  Salary and Benefits

Likes

Company has very good products and is very good for its customers.

Dislikes

...company only knows to put pressure for work but support is just a spelling here. Moreover if they don't pay or keep the reimbursement amount and incentives, there is no one to clear the same. First of all there package is too low and low is the increament amount after achieving the targets and then also if they are not paying the incentives then what is the use of working for them. They don't even give the advisor's contests at time.

read more
  • Salary - Bad
  • +5 more

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....

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  • Job security - Bad
  • +2 more

Full Time

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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

 · 

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

 · 

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.

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  • 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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Edelweiss Life Insurance Development Manager Salary FAQs

What is the salary of Development Manager at Edelweiss Life Insurance ?
The average salary of a Development Manager at Edelweiss Life Insurance in India typically ranges from ₹2.2 Lakhs to ₹5.3 Lakhs per year, depending on experience (from Fresher to 13 years).

The top 10% of Development Manager at Edelweiss Life Insurance earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. 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 200+ Edelweiss Life Insurance employees in India.
What is the estimated take home salary of a Development Manager at Edelweiss Life Insurance in India?
The estimated take-home salary of a Development Manager at Edelweiss Life Insurance in India typically ranges from ₹22,503 to ₹23,979 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹5.3 Lakhs per year for employees with experience ranging from Fresher to 13 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 200+ 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 Development Manager at Edelweiss Life Insurance ?
To be a Development Manager at Edelweiss Life Insurance in india, the key skills required include:

  • - SAS SQL
  • - Marking
  • - ICF
  • - Life Insurance
  • - Agent Recruitment

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 Development Manager in India?
Standard Chartered ₹12.6 Lakhs to ₹40.0 Lakhs per year
ICICI Prudential Life Insurance ₹2.2 Lakhs to ₹5.0 Lakhs per year
Future Generali India Life Insurance ₹3.0 Lakhs to ₹3.6 Lakhs per year
SBI Life Insurance Company ₹1.8 Lakhs to ₹4.8 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 Development Manager in companies similar to Edelweiss Life Insurance in India?
The salary of a Development 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:

Bharti AXA Life Insurance ₹1.0 Lakhs to ₹3.5 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 Development Manager at Edelweiss Life Insurance in India?
The salary growth for a Development Manager at Edelweiss Life Insurance depends on factors such as experience, performance, and promotions. On average, a Development Manager can expect the following growth trajectory at Edelweiss Life Insurance:

Experience Average Salary Range
Fresher ₹2.4 Lakhs to ₹4.5 Lakhs per year
1 year ₹2.5 Lakhs to ₹4.0 Lakhs per year
2 years ₹2.2 Lakhs to ₹3.5 Lakhs per year
3 years ₹2.5 Lakhs to ₹3.5 Lakhs per year
and so on.

Tell us how to improve this page.

Edelweiss Life Insurance Development Manager salary in India ranges between ₹2.2 Lakhs to ₹5.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 208 Edelweiss Life Insurance latest salaries received from various employees of Edelweiss Life Insurance.