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HDFC Ergo General Insurance Business Development Manager salaries in India

Annual salary range
1 - 9 years exp.
₹2.7 Lakhs - ₹5.4 Lakhs
Salary of majority employees
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42% 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. (10 salaries)
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₹2.7 L/yr - ₹5.4 L/yr

Sales & Business Development
Business Development Manager Salary
3 - 5 years exp. (3 salaries)
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₹3.5 L/yr - ₹4.7 L/yr

Last Updated: 28 Jan 2025

Companies similar to HDFC Ergo General Insurance for Business Development Manager

Company name Avg Annual Salary Open Jobs
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₹1.1 L/yr - ₹9.1 L/yr

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₹3.5 L/yr - ₹7 L/yr

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18 job openings
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₹4.4 L/yr - ₹7.8 L/yr

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Tata AIG Business Development Manager Salary

2 - 10 years exp. (18 salaries)

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₹3.1 L/yr - ₹6 L/yr

arrow icon 4% less
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₹11.4 L/yr - ₹24.6 L/yr

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₹1.6 L/yr - ₹5.1 L/yr

arrow icon 14% less
10 job openings
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₹3.5 L/yr - ₹7 L/yr

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HDFC Life Business Development Manager Salary

0 - 11 years exp. (1.4k salaries)

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₹1.5 L/yr - ₹5 L/yr

arrow icon 16% less
14 job openings
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₹1.9 L/yr - ₹7 L/yr

arrow icon 12% more
1 job opening
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₹3 L/yr - ₹6 L/yr

arrow icon 1% less
2 job openings
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₹2.2 L/yr - ₹7.5 L/yr

arrow icon 22% more
5 job openings
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₹2.6 L/yr - ₹6.2 L/yr

arrow icon 3% less
1 job opening
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₹3 L/yr - ₹5.5 L/yr

arrow icon 2% less
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₹1.9 L/yr - ₹5.6 L/yr

arrow icon 12% less
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₹2.2 L/yr - ₹10.3 L/yr

arrow icon 34% more
2 job openings
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₹2 L/yr - ₹7.2 L/yr

arrow icon 26% less
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₹1.8 L/yr - ₹6 L/yr

arrow icon 2% less
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₹2 L/yr - ₹6.5 L/yr

arrow icon 19% less
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₹2 L/yr - ₹5.8 L/yr

arrow icon 11% less
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₹2.5 L/yr - ₹6.2 L/yr

arrow icon 4% more
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Business Development Manager salary at HDFC Ergo General Insurance ranges between ₹2.7 Lakhs to ₹5.4 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 15 latest salaries received from various employees of HDFC Ergo General Insurance.

Latest annual salaries shared by HDFC Ergo General Insurance Business Development Manager

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5 years exp.
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Experience wise HDFC Ergo General Insurance Business Development Manager salaries

Last Updated: 28 Jan 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.8 L/yr - ₹7.5 L/yr
2 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.5 L/yr
3 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹7.7 L/yr
4 years  (4 salaries)

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₹2.7 L/yr - ₹5.4 L/yr
5 years (AmbitionBox Estimate)

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₹1.7 L/yr - ₹5.1 L/yr
View all

Similar Designation salaries in HDFC Ergo General Insurance

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₹3.7 L/yr - ₹4.7 L/yr
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₹4.8 L/yr - ₹6.1 L/yr
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₹1.8 L/yr - ₹4.75 L/yr
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₹3.9 L/yr - ₹15 L/yr
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₹21 L/yr - ₹29 L/yr
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₹2.6 L/yr - ₹5.25 L/yr
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₹2.8 L/yr - ₹3.6 L/yr
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₹3.6 L/yr - ₹9.5 L/yr
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₹4.72 L/yr - ₹17 L/yr
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₹4 L/yr - ₹7.2 L/yr

Salary related reviews for HDFC Ergo General Insurance

4.4

Rated by 8 employees for salary & benefits

BFSI, Investments & Trading Department

5.0
  •  posted on 24 Mar 2018

5.0
 for  Salary and Benefits

Likes

...stry.traning r going time to time .career growth is so good but u have to work .hand some salary package,I live working with Apollo Munich. If I get 1 more chance to work I will work in the same industry.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Careless people can't work not in Apollo not any were lese.

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 26 Nov 2024

3.0
 for  Salary and Benefits

Likes

Employee can manage his/her work life balance at this organization.

  • Job security - Excellent
  • +2 more

Dislikes

...the cost cutting which effects Employee's conveyance, variable, appraisals etc.. This means Ergo has to improve the adequate pay scale as per Employee's skills and performance.

read more
  • Skill development - Poor
  • +1 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 27 Nov 2022

1.0
 for  Salary and Benefits

Likes

Claims

Dislikes

...what to do and how.. just business without planning. Lack of vision n mission. Comparatively Very low salary and incentives . Software n system upto 1980s. Focus on employee tracking instead of supporting.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Other Department

5.0
  •  posted on 14 Jul 2020

5.0
 for  Salary and Benefits

Likes

Manager are more cooperative , i am happy with management and also they will give salary on time in this pandemic situation.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Everything is fine but i am not happy with my salary. Salary is too low as compared my work. I am too dedicated to my work .

read more

Customer Success, Service & Operations Department

5.0
  •  posted on 10 Jun 2020

5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every

read more
  • Salary - Excellent
  • +6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

read more
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HDFC Ergo General Insurance Business Development Manager Salary FAQs

What is the salary of Business Development Manager at HDFC Ergo General Insurance?
Business Development Manager salary at HDFC Ergo General Insurance in India ranges between ₹2.7 Lakhs to ₹5.4 Lakhs for experience between 1 years to 9 years. According to our estimates it is 42% less than the average Business Development Manager Salary in India. Salary estimates are based on 15 latest salaries received from various employees of HDFC Ergo General Insurance India.
How does the salary of a Business Development Manager at HDFC Ergo General Insurance India compare with the average salary range for this job?
The average salary of a Business Development Manager at HDFC Ergo General Insurance is 42% less than the average salary of a Business Development Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than HDFC Ergo General Insurance to a Business Development Manager in India?
  • The Oriental Insurance Co. Business Development Manager Salary - ₹11.4 Lakhs to ₹24.6 Lakhs per year
  • Gallagher Business Development Manager Salary - ₹10.0 Lakhs to ₹10.8 Lakhs per year
  • Reliance General Insurance Business Development Manager Salary - ₹4.4 Lakhs to ₹7.8 Lakhs per year
  • Kotak Mahindara Life Insurance Business Development Manager Salary - ₹2.2 Lakhs to ₹10.3 Lakhs per year
  • Max Life Insurance Business Development Manager Salary - ₹2.2 Lakhs to ₹7.5 Lakhs per year
What is the salary of a Business Development Manager in companies similar to HDFC Ergo General Insurance in India?
  • Future Generali India Life Insurance Business Development Manager Salary - ₹3.5 Lakhs to ₹7.0 Lakhs per year
  • Bajaj Allianz General Insurance Business Development Manager Salary - ₹3.5 Lakhs to ₹7.0 Lakhs per year
  • SBI Life Insurance Company Business Development Manager Salary - ₹1.9 Lakhs to ₹7.0 Lakhs per year
  • Canara HSBC Life Insurance Business Development Manager Salary - ₹2.5 Lakhs to ₹6.2 Lakhs per year
  • Bajaj Allianz Life Insurance Business Development Manager Salary - ₹3.0 Lakhs to ₹6.0 Lakhs per year
What is the estimated take home salary of a Business Development Manager at HDFC Ergo General Insurance in India?
The estimated take-home salary of a Business Development Manager at HDFC Ergo General Insurance ranges between ₹32,323 per month to ₹33,602 per month in India. The take-home salary calculation is based on the average HDFC Ergo General Insurance Business Development Manager salary in India which ranges between ₹2.7 Lakhs to ₹5.4 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 Business Development Manager at HDFC Ergo General Insurance?
According to AmbitionBox, 42% of the HDFC Ergo General Insurance Business Development Managers reported a notice period of 15 days or less, 25% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 12 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

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 ₹unlock blur. Salary estimates are based on 15 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.