Edelweiss Life Insurance Mumbai Development Manager Salaries by 5 Employees (Updated 2025)

3 - 8 years exp.

₹3 Lakhs - ₹3.5 Lakhs

Salary of majority employees

23% less than the average Development Manager Salary in Insurance Companies for 3 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Development Manager Salary 3 - 8 years exp. (3 salaries)	₹3 L/yr - ₹3.1 L/yr
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Sales & Business Development Development Manager Salary 4 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.5 L/yr

Last Updated: 12 Sep 2024

Companies similar to Edelweiss Life Insurance for Development Manager in Mumbai

Edelweiss Life Insurance Development Manager Salary

3 - 8 years exp. (5 salaries)

₹3 L/yr - ₹3.5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Development Manager Salary 1 - 7 years exp. (12 salaries)	₹3.3 L/yr - ₹4.5 L/yr 28% more
Max Life Insurance Development Manager Salary 2 - 7 years exp. (3 salaries)	₹3.7 L/yr - ₹4.5 L/yr 20% more
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Kotak Mahindara Life Insurance Development Manager Salary 3 - 6 years exp. (4 salaries)	₹3.5 L/yr - ₹5 L/yr 31% more
Gilbarco Veeder Root Development Manager Salary 13 - 15 years exp. (5 salaries)	₹23 L/yr - ₹32 L/yr 823% more
Diebold Nixdorf Development Manager Salary 15 - 18 years exp. (4 salaries)	₹20 L/yr - ₹39 L/yr 952% more

Development Manager salary at Edelweiss Life Insurance ranges between ₹3 Lakhs to ₹3.5 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Edelweiss Life Insurance.

Experience wise Edelweiss Life Insurance Development Manager salaries in Mumbai

Last Updated: 12 Sep 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹5.6 L/yr
4 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.5 L/yr
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5 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
6 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
7 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.7 L/yr
8 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.7 L/yr

View all

Similar Designation salaries in Edelweiss Life Insurance

Product Manager Salary

(6 salaries)

₹11 L/yr - ₹21 L/yr

Senior Project Manager Salary

(3 salaries)

₹15 L/yr - ₹17.1 L/yr

Project Manager Salary

(3 salaries)

₹8.4 L/yr - ₹18 L/yr

Program Manager Salary

(3 salaries)

₹13 L/yr - ₹17 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

4.9

Rated by 5 employees for salary & benefits

Development Manager in Zirakpur

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.

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

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....

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.

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.

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.

Dislikes

No training and development on career point of views and work related training Updation

Process Analyst (working remotely)

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

Dislikes

Manager is strict No playing area Canteen is congested Loss Making company Growth is slow Limited Budget for innovations

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a social media specialist

Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Edelweiss Life Insurance Development Manager Salary FAQs

What is the salary of Development Manager at Edelweiss Life Insurance Mumbai?

Development Manager salary at Edelweiss Life Insurance in Mumbai ranges between ₹3.0 Lakhs to ₹3.5 Lakhs for experience between 3 years to 8 years. According to our estimates it is 23% less than the average Development Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Edelweiss Life Insurance Mumbai.

How does the salary of a Development Manager at Edelweiss Life Insurance Mumbai compare with the average salary range for this job?

The average salary of a Development Manager at Edelweiss Life Insurance is 23% less than the average salary of a Development Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Development Manager at Edelweiss Life Insurance?

SAS SQL, Marking, ICF, Life Insurance and Agent Recruitment are some of the popular skills required to work as a Development Manager at Edelweiss Life Insurance Mumbai.

Which similar companies are paying more than Edelweiss Life Insurance to a Development Manager in Mumbai?

Diebold Nixdorf Development Manager Salary - ₹20.0 Lakhs to ₹39.0 Lakhs per year
Gilbarco Veeder Root Development Manager Salary - ₹23.0 Lakhs to ₹32.0 Lakhs per year
Kotak Mahindara Life Insurance Development Manager Salary - ₹3.5 Lakhs to ₹5.0 Lakhs per year
ICICI Prudential Life Insurance Development Manager Salary - ₹3.3 Lakhs to ₹4.5 Lakhs per year
Max Life Insurance Development Manager Salary - ₹3.7 Lakhs to ₹4.5 Lakhs per year

What is the estimated take home salary of a Development Manager at Edelweiss Life Insurance in Mumbai?

The estimated take-home salary of a Development Manager at Edelweiss Life Insurance ranges between ₹22,587 per month to ₹24,062 per month in Mumbai. The take-home salary calculation is based on the average Edelweiss Life Insurance Development Manager salary in India which ranges between ₹3.0 Lakhs to ₹3.5 Lakhs per year for employees with experience between 3 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Development Manager at Edelweiss Life Insurance in Mumbai?

According to AmbitionBox, 57% of the Edelweiss Life Insurance Development Managers in Mumbai reported a notice period of 15 days or less, 43% reported a notice period of 1 Month.This is based on 7 responses on AmbitionBox in last 2 years.

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Edelweiss Life Insurance Development Manager Salaries in Mumbai

Edelweiss Life Insurance Development Manager salary in Mumbai ranges between ₹3 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Edelweiss Life Insurance latest salaries received from various employees of Edelweiss Life Insurance.