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This company page is being actively managed by HDFC Ergo General Insurance Team. If you also belong to the team, you can get access from here

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3.9

based on 3.3k Reviews

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HDFC Ergo General Insurance Business Development Manager salaries in Kolkata

Annual salary range
2 - 9 years exp.
₹4.5 Lakhs - ₹5.4 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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27% less than the average Business Development Manager Salary in Insurance Companies for 2 - 9 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Business Development Manager Salary
2 - 9 years exp. (4 salaries)
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₹4.5 L/yr - ₹5.4 L/yr

Sales & Business Development
Business Development Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹4.7 L/yr - ₹5.4 L/yr

Last Updated: 25 Sep 2024

Companies similar to HDFC Ergo General Insurance for Business Development Manager in Kolkata

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HDFC Ergo General Insurance Business Development Manager Salary

2 - 9 years exp. (5 salaries)
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₹4.5 L/yr - ₹5.4 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Life Business Development Manager Salary

0 - 10 years exp. (150 salaries)
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₹2 L/yr - ₹4.8 L/yr

arrow icon 28% less
 12 job openings
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SBI Life Insurance Company Business Development Manager Salary

0 - 14 years exp. (68 salaries)
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₹1.9 L/yr - ₹6.4 L/yr

arrow icon 13% less
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Bajaj Allianz Life Insurance Business Development Manager Salary

1 - 12 years exp. (20 salaries)
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₹3 L/yr - ₹5.5 L/yr

arrow icon 15% less
 1 job opening
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Kotak Mahindara Life Insurance Business Development Manager Salary

4 - 12 years exp. (7 salaries)
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₹3 L/yr - ₹7 L/yr

arrow icon 11% more
 1 job opening
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Axis Max Life Insurance Business Development Manager Salary

5 - 8 years exp. (6 salaries)
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₹3.5 L/yr - ₹6.7 L/yr

arrow icon 4% more
 3 job openings
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Tata AIA Life Insurance Business Development Manager Salary

1 - 10 years exp. (5 salaries)
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₹2.5 L/yr - ₹6.1 L/yr

arrow icon 29% less
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Aditya Birla Sun Life Insurance Business Development Manager Salary

0 - 12 years exp. (4 salaries)
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₹3.7 L/yr - ₹5 L/yr

arrow icon 18% less
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Reliance Nippon Life Insurance Business Development Manager Salary

5 - 12 years exp. (3 salaries)
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₹3 L/yr - ₹5 L/yr

arrow icon 19% less
Business Development Manager salary at HDFC Ergo General Insurance ranges between ₹4.5 Lakhs to ₹5.4 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 5 latest salaries received from various employees of HDFC Ergo General Insurance.

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

6mo ago
₹5.4 Lakhs
9 years exp.
9mo ago
₹5.4 Lakhs
8 years exp.

Experience wise HDFC Ergo General Insurance Business Development Manager salaries in Kolkata

Last Updated: 25 Sep 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹4.4 L/yr - ₹5.7 L/yr
3 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.8 L/yr
4 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹5.8 L/yr
5 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹5.9 L/yr
6 years (AmbitionBox Estimate)

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₹4.7 L/yr - ₹6 L/yr
View all

Similar Designation salaries in HDFC Ergo General Insurance

Area Sales Manager Salary
(8 salaries)
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₹6 L/yr - ₹11.4 L/yr

Salary related reviews for HDFC Ergo General Insurance

-

Rated by 1 employees for salary & benefits

Business Development Manager

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.

Deputy Manager in Surat

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

Branch Manager in Mumbai

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

Sales Executive in Noida

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

Sales Officer in Noida

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
see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

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Salary Discussions, Hike & Promotions
1w (edited)
an inside sales executive
Unexpected job policies: stay or switch?
I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?
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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 in Kolkata?
The average salary of a Business Development Manager at HDFC Ergo General Insurance in Kolkata typically ranges from ₹4.5 Lakhs to ₹5.4 Lakhs per year, depending on experience (from 2 years to 9 years).

The top 10% of Business Development Manager in Kolkata 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 5 HDFC Ergo General Insurance employees in India.
What is the estimated take home salary of a Business Development Manager at HDFC Ergo General Insurance in Kolkata?
The estimated take-home salary of a Business Development Manager at HDFC Ergo General Insurance in Kolkata typically ranges from ₹38,685 to ₹39,870 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹5.4 Lakhs per year for employees with experience ranging from 2 years to 9 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 5 salaries received from various employees of HDFC Ergo General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than HDFC Ergo General Insurance for Business Development Manager in India?
Kotak Mahindara Life Insurance ₹3.0 Lakhs to ₹7.0 Lakhs per year
Axis Max Life Insurance ₹3.5 Lakhs to ₹6.7 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.
What is the salary of a Business Development Manager in companies similar to HDFC Ergo General Insurance in Kolkata?
The salary of a Business Development Manager at companies similar to HDFC Ergo General Insurance in Kolkata varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SBI Life Insurance Company ₹1.9 Lakhs to ₹6.4 Lakhs per year
Bajaj Allianz Life Insurance ₹3.0 Lakhs to ₹5.5 Lakhs per year
Aditya Birla Sun Life Insurance ₹3.7 Lakhs to ₹5.0 Lakhs per year
Reliance Nippon Life Insurance ₹3.0 Lakhs to ₹5.0 Lakhs per year
HDFC Life ₹2.0 Lakhs to ₹4.8 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 Business Development Manager at HDFC Ergo General Insurance in Kolkata?
The salary growth for a Business Development Manager at HDFC Ergo General Insurance in Kolkata depends on factors such as experience, performance, and promotions. On average, a Business Development Manager in Kolkata can expect the following growth trajectory at HDFC Ergo General Insurance:

Experience Average Salary Range
2 years ₹4.4 Lakhs to ₹5.7 Lakhs per year
3 years ₹4.5 Lakhs to ₹5.8 Lakhs per year
4 years ₹4.6 Lakhs to ₹5.8 Lakhs per year
5 years ₹4.6 Lakhs to ₹5.9 Lakhs per year
and so on.

Tell us how to improve this page.

HDFC Ergo General Insurance Business Development Manager salary in Kolkata ranges between ₹4.5 Lakhs to ₹5.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.