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

1 - 9 years exp.

₹2.5 Lakhs - ₹4 Lakhs

Low Confidence

Salary of majority employees

28% less than the average Sales Development Manager Salary in Insurance Companies for 1 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Sales Development Manager Salary 1 year exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.8 L/yr
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Sales & Business Development Sales Development Manager Salary 9 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr

Last Updated: 23 Dec 2023

Companies similar to Edelweiss Life Insurance for Sales Development Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Sales Development Manager Salary 1 - 8 years exp. (4 salaries)	₹2.5 L/yr - ₹5.2 L/yr 20% more
HDFC Life Sales Development Manager Salary 0 - 8 years exp. (921 salaries)	₹1.5 L/yr - ₹4.5 L/yr 2% less	7 job openings
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SBI Life Insurance Company Sales Development Manager Salary 0 - 8 years exp. (15 salaries)	₹2.5 L/yr - ₹4 L/yr 8% less
Max Life Insurance Sales Development Manager Salary 3 - 5 years exp. (4 salaries)	₹1.8 L/yr - ₹3 L/yr 20% less
Bajaj Allianz Life Insurance Sales Development Manager Salary 3 - 9 years exp. (4 salaries)	₹1.8 L/yr - ₹8.5 L/yr 48% more
Reliance Nippon Life Insurance Sales Development Manager Salary 0 - 3 years exp. (3 salaries)	₹2.6 L/yr - ₹3 L/yr 13% less
Kotak Mahindara Life Insurance Sales Development Manager Salary 0 - 4 years exp. (3 salaries)	₹3.6 L/yr - ₹6.5 L/yr 38% more
Tata AIA Life Insurance Sales Development Manager Salary 2 - 5 years exp. (5 salaries)	₹2.5 L/yr - ₹4.8 L/yr 10% more
IndiaFirst Life Insurance Sales Development Manager Salary 2 - 11 years exp. (4 salaries)	₹2.4 L/yr - ₹6.3 L/yr 25% more
Bharti AXA Life Insurance Sales Development Manager Salary 2 - 8 years exp. (4 salaries)	₹2.8 L/yr - ₹4.6 L/yr 17% more

Sales Development Manager salary at Edelweiss Life Insurance ranges between ₹2.5 Lakhs to ₹4 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 5 latest salaries received from various employees of Edelweiss Life Insurance.

Experience wise Edelweiss Life Insurance Sales Development Manager salaries

Last Updated: 23 Dec 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹2.6 L/yr
2 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
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3 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.8 L/yr
6 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
7 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
8 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
9 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4 L/yr

View all

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Salary related reviews for Edelweiss Life Insurance

4.1

Rated by 3 employees for salary & benefits

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.

Agency Development Manager in Hajratganj Lucknow

BFSI, Investments & Trading Department

3.0

• posted on 29 Apr 2021

2.0

for Salary and Benefits

Likes

This is an organic agency, good and healthy atmosphere for working.products are too good comparison of other companies.

Skill development - Good

Dislikes

...channel finencial growth of employees are not well being comperision with other.and apart from the salary there are no other benefits Ike transportation and other benefits.

Salary - Poor

+2 more

Senior Branch Operation Executive

BFSI, Investments & Trading Department

4.0

• posted on 24 Aug 2018

4.0

for Salary and Benefits

Likes

This company is open to innovation and readily adopts latest technology. I love the fact that i am a part of a team that markets reliable, high quality products and high quality business. Another plus point is that my colleagues come form various cultural backgrounds and we work happily in collaboration. I also like the employee re hire policy here.

Salary - Good

+6 more

Dislikes

Compensation is decent but growth is slow. I have to work 14-18 hours straight 15 to 20 days in a month.

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

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Edelweiss Life Insurance Sales Development Manager Salary FAQs

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

Sales Development Manager salary at Edelweiss Life Insurance in India ranges between ₹2.5 Lakhs to ₹4.0 Lakhs for experience between 1 years to 9 years. According to our estimates it is 28% less than the average Sales Development Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Edelweiss Life Insurance India.

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

The average salary of a Sales Development Manager at Edelweiss Life Insurance is 28% less than the average salary of a Sales Development Manager in India. To know exact salary insights, login to view.

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

Bajaj Allianz Life Insurance Sales Development Manager Salary - ₹1.8 Lakhs to ₹8.5 Lakhs per year
Kotak Mahindara Life Insurance Sales Development Manager Salary - ₹3.6 Lakhs to ₹6.5 Lakhs per year
IndiaFirst Life Insurance Sales Development Manager Salary - ₹2.4 Lakhs to ₹6.3 Lakhs per year
ICICI Prudential Life Insurance Sales Development Manager Salary - ₹2.5 Lakhs to ₹5.2 Lakhs per year
Bharti AXA Life Insurance Sales Development Manager Salary - ₹2.8 Lakhs to ₹4.6 Lakhs per year

What is the salary of a Sales Development Manager in companies similar to Edelweiss Life Insurance in India?

Tata AIA Life Insurance Sales Development Manager Salary - ₹2.5 Lakhs to ₹4.8 Lakhs per year
HDFC Life Sales Development Manager Salary - ₹1.5 Lakhs to ₹4.5 Lakhs per year
SBI Life Insurance Company Sales Development Manager Salary - ₹2.5 Lakhs to ₹4.0 Lakhs per year
Reliance Nippon Life Insurance Sales Development Manager Salary - ₹2.6 Lakhs to ₹3.0 Lakhs per year
Max Life Insurance Sales Development Manager Salary - ₹1.8 Lakhs to ₹3.0 Lakhs per year

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

The estimated take-home salary of a Sales Development Manager at Edelweiss Life Insurance ranges between ₹23,656 per month to ₹25,114 per month in India. The take-home salary calculation is based on the average Edelweiss Life Insurance Sales Development Manager salary in India which ranges between ₹2.5 Lakhs to ₹4.0 Lakhs per year for employees with experience between 1 years to 9 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the Edelweiss Life Insurance Sales Development Manager s reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Edelweiss Life Insurance Sales Development Manager Salaries

Edelweiss Life Insurance Sales Development Manager salary in India ranges between ₹2.5 Lakhs to ₹4 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.