Monthly In-hand Salary
45% less than the average Business Development Manager Salary in Insurance Companies for 1 - 9 years of experience
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Salaries in different departments
BFSI, Investments & Trading
Business Development Manager Salary
1 - 9
years
exp.
(11
salaries)
|  ₹2.7 L/yr - ₹5.4 L/yr |
Login to view exact salary
| |
Sales & Business Development
Business Development Manager Salary
3 - 5
years
exp.
(3
salaries)
| ₹3.5 L/yr - ₹4.7 L/yr |
Companies similar to HDFC Ergo General Insurance for Business Development Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 HDFC Life Business Development Manager Salary
0 - 11 years exp. (1.4k salaries) | ₹1.8 L/yr - ₹5 L/yr 
12%
less | 12 job openings |
 SBI Life Insurance Company Business Development Manager Salary
0 - 13 years exp. (936 salaries) | ₹1.9 L/yr - ₹7 L/yr 
15%
more | |
Login to view exact salary
| ||
 Bajaj Allianz Life Insurance Business Development Manager Salary
1 - 10 years exp. (135 salaries) | ₹3 L/yr - ₹6 L/yr
6%
more | 3 job openings |
 Axis Max Life Insurance Business Development Manager Salary
2 - 9 years exp. (170 salaries) | ₹2 L/yr - ₹7.3 L/yr
23%
more | 3 job openings |
 Aditya Birla Sun Life Insurance Business Development Manager Salary
0 - 12 years exp. (147 salaries) | ₹3 L/yr - ₹5.5 L/yr
2%
less | |
 ICICI Prudential Life Insurance Business Development Manager Salary
0 - 10 years exp. (137 salaries) | ₹2.3 L/yr - ₹4.8 L/yr
9%
less | |
 Kotak Mahindara Life Insurance Business Development Manager Salary
2 - 12 years exp. (104 salaries) | ₹2.2 L/yr - ₹10.3 L/yr
35%
more | |
 Shriram Life Insurance Business Development Manager Salary
0 - 9 years exp. (95 salaries) | ₹2 L/yr - ₹6 L/yr
24%
less | |
 ICICI Lombard General Insurance Company Business Development Manager Salary
0 - 8 years exp. (54 salaries) | ₹1.1 L/yr - ₹8.2 L/yr
7%
less | |
 Reliance Nippon Life Insurance Business Development Manager Salary
1 - 13 years exp. (53 salaries) | ₹1.5 L/yr - ₹6 L/yr At par | |
 Tata AIA Life Insurance Business Development Manager Salary
1 - 12 years exp. (30 salaries) | ₹2 L/yr - ₹7 L/yr
6%
less | |
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| ||
 Docland Business Development Manager Salary
1 - 15 years exp. (13 salaries) | ₹1.8 L/yr - ₹3.6 L/yr
37%
less | |
 Aegon Religare Life Insurance Business Development Manager Salary
4 - 15 years exp. (5 salaries) | ₹3.3 L/yr - ₹6.5 L/yr
29%
more | |
 The Oriental Insurance Co. Business Development Manager Salary
2 - 18 years exp. (4 salaries) | ₹11.4 L/yr - ₹24.6 L/yr
447%
more | |
 Aditya Birla Insurance Brokers Business Development Manager Salary
5 - 18 years exp. (4 salaries) | ₹3.5 L/yr - ₹4.9 L/yr
2%
less | |
 Gallagher Business Development Manager Salary
4 - 14 years exp. (3 salaries) | ₹10 L/yr - ₹10.8 L/yr
145%
more | |
Latest annual salaries shared by HDFC Ergo General Insurance Business Development Manager
Experience wise HDFC Ergo General Insurance Business Development Manager salaries
Last Updated: 20 Feb 2025
| Experience | Avg Annual Salary |
|---|---|
| 1 year (AmbitionBox Estimate) |
₹2.8
L/yr
- ₹7
L/yr
|
| 2 years (AmbitionBox Estimate) |
₹3.3
L/yr
- ₹4.5
L/yr
|
Login to view exact salary
| |
| 3 years (AmbitionBox Estimate) |
₹2.7
L/yr
- ₹7.3
L/yr
|
| 4 years (4 salaries) |
₹2.7
L/yr
- ₹5.4
L/yr
|
| 5 years (AmbitionBox Estimate) |
₹1.7
L/yr
- ₹5.1
L/yr
|
Similar Designation salaries in HDFC Ergo General Insurance
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HDFC Ergo General Insurance Business Development Manager Salary FAQs
The top 10% of Business Development Manager at HDFC Ergo General Insurance earn more than ₹5.4 Lakhs per year, and the top 1% earn over ₹5.4 Lakhs per year. Business Development Manager Salaries at HDFC Ergo General 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+ HDFC Ergo General Insurance employees in India.
| The Oriental Insurance Co. | ₹11.4 Lakhs to ₹24.6 Lakhs per year |
| Gallagher | ₹10.0 Lakhs to ₹10.8 Lakhs per year |
| Kotak Mahindara Life Insurance | ₹2.2 Lakhs to ₹10.3 Lakhs per year |
| Aegon Religare Life Insurance | ₹3.3 Lakhs to ₹6.5 Lakhs per year |
| Axis Max Life Insurance | ₹2.0 Lakhs to ₹7.3 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by HDFC Ergo General Insurance, depending on the role and experience level.
| SBI Life Insurance Company | ₹1.9 Lakhs to ₹7.0 Lakhs per year |
| Bajaj Allianz Life Insurance | ₹3.0 Lakhs to ₹6.0 Lakhs per year |
| Reliance Nippon Life Insurance | ₹1.5 Lakhs to ₹6.0 Lakhs per year |
| Aditya Birla Sun Life Insurance | ₹3.0 Lakhs to ₹5.5 Lakhs per year |
| Aditya Birla Insurance Brokers | ₹3.5 Lakhs to ₹4.9 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.
| Experience | Average Salary Range |
|---|---|
| 1 year | ₹2.8 Lakhs to ₹7.0 Lakhs per year |
| 2 years | ₹3.3 Lakhs to ₹4.5 Lakhs per year |
| 3 years | ₹2.7 Lakhs to ₹7.3 Lakhs per year |
| 4 years | ₹2.7 Lakhs to ₹5.4 Lakhs per year |
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HDFC Ergo General Insurance Business Development Manager Salaries by Location
- HDFC Ergo General Insurance Business Development Manager salaries in New Delhi
- HDFC Ergo General Insurance Business Development Manager salaries in Kolkata
- HDFC Ergo General Insurance Business Development Manager salaries in Janjgir
- HDFC Ergo General Insurance Business Development Manager salaries in Patna
- HDFC Ergo General Insurance Business Development Manager salaries in Bhilai Nagar
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HDFC Ergo General Insurance Business Development Manager salary
in
India
ranges between ₹2.7
Lakhs to ₹5.4
Lakhs with an average annual salary of
₹. Salary estimates are based on
16
HDFC Ergo General Insurance latest salaries received from various employees of
HDFC Ergo General Insurance.