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HDFC Life Business Development Manager salaries in Pune (Updated 2025)

Annual salary range
0 - 8 years exp.
₹2 Lakhs - ₹4.5 Lakhs
Salary of majority employees
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46% less than the average Business Development Manager Salary in Insurance Companies for 0 - 8 years of experience

Interested in this particular role? 12 job openings

Salaries in different departments

BFSI, Investments & Trading
Business Development Manager Salary
0 - 7 years exp. (28 salaries)
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₹2.2 L/yr - ₹4.5 L/yr

Sales & Business Development
Business Development Manager Salary
1 - 8 years exp. (28 salaries)
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₹2.6 L/yr - ₹4.5 L/yr

Marketing & Communication
Business Development Manager Salary
0 - 8 years exp. (12 salaries)
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₹2.4 L/yr - ₹3.8 L/yr

Finance & Accounting
Business Development Manager Salary
0 - 5 years exp. (9 salaries)
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₹2.8 L/yr - ₹4 L/yr

Customer Success, Service & Operations
Business Development Manager Salary
0 - 4 years exp. (8 salaries)
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₹2 L/yr - ₹4 L/yr

Last Updated: 25 Feb 2025

Companies similar to HDFC Life for Business Development Manager in Pune

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HDFC Life Business Development Manager Salary

0 - 8 years exp. (102 salaries)

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₹2 L/yr - ₹4.5 L/yr

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Company name Avg Annual Salary Open Jobs
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₹2.6 L/yr - ₹4.7 L/yr

arrow icon 11% more
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₹2 L/yr - ₹5.3 L/yr

arrow icon 2% more
6 job openings
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₹3.5 L/yr - ₹6 L/yr

arrow icon 19% more
2 job openings
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₹2 L/yr - ₹6 L/yr

arrow icon 27% more
7 job openings
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₹4 L/yr - ₹6.6 L/yr

arrow icon 45% more
1 job opening
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₹3 L/yr - ₹7 L/yr

arrow icon 15% more
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₹3.8 L/yr - ₹4.5 L/yr

arrow icon 14% more
Business Development Manager salary at HDFC Life ranges between ₹2 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 102 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life Business Development Manager in Pune

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Experience wise HDFC Life Business Development Manager salaries in Pune

Last Updated: 25 Feb 2025

Experience Avg Annual Salary
Fresher  (9 salaries)

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₹2 L/yr - ₹4 L/yr
1 year  (9 salaries)

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₹2.9 L/yr - ₹4.5 L/yr
2 years  (17 salaries)

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₹2 L/yr - ₹4 L/yr
3 years  (24 salaries)

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₹2.5 L/yr - ₹4.5 L/yr
4 years  (15 salaries)

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₹2.9 L/yr - ₹4.3 L/yr
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Similar Designation salaries in HDFC Life

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₹2.9 L/yr - ₹5 L/yr
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₹3.3 L/yr - ₹8 L/yr

Top skills at HDFC Life for Business Development Manager

Business Development Management Insurance Sales Agency Sales Agent Recruitment Agency Channel Life Insurance Sales Field Sales Distribution Network bfsi Claim Settlement Insurance Life Insurance Business Development Insurance Sales

Salary related reviews for HDFC Life

4.3

Rated by 14 employees for salary & benefits

Full Time

 · 

Marketing & Communication Department

5.0
  •  posted on 10 Feb 2025

1.0
 for  Salary and Benefits

Likes

Hello team m Rishabh Rastogi from HDFC LIFE Bijnor Branch, there is a lot of pressure here for work and HDFC Life is a very good brand but there are no facilities for the employees in the office.

read more
  • Work-life balance - Excellent

Dislikes

Here the calculation is less Here the salary is very high as compared to low and the facilities are also very less, the promotions target is very high and there are many parameters.

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 30 May 2024

3.0
 for  Salary and Benefits

Likes

You get salary on time.

Dislikes

Late night sitting unnecessarily, Rude and rough language usage by bosses inspite of men or women, Depreciation, Don't follow code of conduct,Don't respect staffs ,only business and results, lack of co-operation and team work, Insist for hard drinks ,Bad behaviour, don't get leave if you don't perform, bias nature.

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  • Work satisfaction - Bad
  • +2 more

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 26 Jan 2023

4.0
 for  Salary and Benefits

Likes

I like work atmosphere with relative co-employee and higher s mainly learning skills and developing of my work and working times .everything is going well here very good job for employees, growth levels also very nice..

read more
  • Salary - Good
  • +5 more

Dislikes

I'm unsatisfied with my salary and I got work pressure a lot .

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 28 Nov 2022

3.0
 for  Salary and Benefits

Likes

I just simply love the company, be it work culture, sales incentives, or training and they are always open to feedback and suggestion. I learned a lot in HDFC life.

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  • Skill development - Good
  • +5 more

Dislikes

I was not satisfied with my salary, I was asked for my salary at the time of the interview and I told them 25000 pm. I was hired and when I got my first salary it was 170000 which was really heartbreaking.

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Full Time

 · 

Customer Success, Service & Operations Department

5.0
  •  posted on 13 Dec 2022

5.0
 for  Salary and Benefits

Likes

People will say you there's lot of pressure... Well it is true but for those who wait till 31st or 30th just for the salary. Else just complete minimum Target and stay happy

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  • Salary - Excellent
  • +3 more

Dislikes

Sometime especially after COVID the virtual meeting last longer than 4-5 hrs . Unbearable sometimes. Some politics in cabins which is quite common everywhere.

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HDFC Life Business Development Manager Salary FAQs

What is the salary of Business Development Manager at HDFC Life in Pune?
The average salary of a Business Development Manager at HDFC Life in Pune typically ranges from ₹2.0 Lakhs to ₹4.5 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of Business Development Manager in Pune at HDFC Life earn more than ₹3.9 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Business Development Manager Salaries at HDFC Life 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 100+ HDFC Life employees in India.
What is the estimated take home salary of a Business Development Manager at HDFC Life in Pune?
The estimated take-home salary of a Business Development Manager at HDFC Life in Pune typically ranges from ₹27,162 to ₹28,569 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from Fresher to 8 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 100+ salaries received from various employees of HDFC Life. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Business Development Manager at HDFC Life in Pune?
To be a Business Development Manager at HDFC Life in Pune, the key skills required include:

  • - Business Development Management
  • - Insurance Sales
  • - Agency Sales
  • - Agent Recruitment
  • - Agency Channel

These skills are highly valued at HDFC Life and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than HDFC Life for Business Development Manager in India?
Kotak Mahindara Life Insurance ₹4.0 Lakhs to ₹6.6 Lakhs per year
Axis Max Life Insurance ₹2.0 Lakhs to ₹6.0 Lakhs per year
Bajaj Allianz Life Insurance ₹3.5 Lakhs to ₹6.0 Lakhs per year
Tata AIA Life Insurance ₹3.0 Lakhs to ₹7.0 Lakhs per year
Aditya Birla Sun Life Insurance ₹3.8 Lakhs to ₹4.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by HDFC Life, depending on the role and experience level.
What is the salary of a Business Development Manager in companies similar to HDFC Life in Pune?
The salary of a Business Development Manager at companies similar to HDFC Life in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Prudential Life Insurance ₹2.6 Lakhs to ₹4.7 Lakhs per year
SBI General Insurance ₹2.0 Lakhs to ₹5.3 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 Life in Pune?
The salary growth for a Business Development Manager at HDFC Life in Pune depends on factors such as experience, performance, and promotions. On average, a Business Development Manager in Pune can expect the following growth trajectory at HDFC Life:

Experience Average Salary Range
Fresher ₹2.0 Lakhs to ₹4.0 Lakhs per year
1 year ₹2.9 Lakhs to ₹4.5 Lakhs per year
2 years ₹2.0 Lakhs to ₹4.0 Lakhs per year
3 years ₹2.5 Lakhs to ₹4.5 Lakhs per year
and so on.

Tell us how to improve this page.

HDFC Life Business Development Manager salary in Pune ranges between ₹2 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 102 HDFC Life latest salaries received from various employees of HDFC Life.