ICICI Lombard General Insurance Company Mumbai Business Development Executive Salaries by 10+ Employees (Updated 2024)

1 - 6 years exp.

₹3 Lakhs - ₹6.3 Lakhs

Salary of majority employees

30% more than the average Business Development Executive Salary in Insurance Companies for 1 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Business Development Executive Salary 1 - 5 years exp. (7 salaries)	₹3 L/yr - ₹6 L/yr
Sales & Business Development Business Development Executive Salary 1 - 5 years exp. (5 salaries)	₹4.3 L/yr - ₹6.3 L/yr
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Customer Success, Service & Operations Business Development Executive Salary 6 years exp. (AmbitionBox Estimate)	₹4.7 L/yr - ₹5.2 L/yr
Finance & Accounting Business Development Executive Salary 1 year exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹5.3 L/yr
Marketing & Communication Business Development Executive Salary 1 year exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.6 L/yr

Last Updated: 17 Jan 2024

Companies similar to ICICI Lombard General Insurance Company for Business Development Executive in Mumbai

ICICI Lombard General Insurance Company Business Development Executive Salary

1 - 6 years exp. (15 salaries)

₹3 L/yr - ₹6.3 L/yr

Company name	Avg Annual Salary	Open Jobs
BYJU'S Business Development Executive Salary 0 - 8 years exp. (191 salaries)	₹2.4 L/yr - ₹7.5 L/yr 21% less
Jaro Education Business Development Executive Salary 0 - 4 years exp. (135 salaries)	₹3 L/yr - ₹9 L/yr 16% more
Login to view exact salary
Motilal Oswal Financial Services Business Development Executive Salary 0 - 4 years exp. (129 salaries)	₹1.5 L/yr - ₹3.8 L/yr 39% less	1 job opening
Square Yards Business Development Executive Salary 0 - 5 years exp. (109 salaries)	₹1.8 L/yr - ₹7 L/yr 33% less
Udaan Business Development Executive Salary 1 - 10 years exp. (98 salaries)	₹2 L/yr - ₹5 L/yr 30% less

Business Development Executive salary at ICICI Lombard General Insurance Company ranges between ₹3 Lakhs to ₹6.3 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 15 latest salaries received from various employees of ICICI Lombard General Insurance Company.

Latest annual salaries shared by ICICI Lombard General Insurance Company Business Development Executive in Mumbai

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Experience wise ICICI Lombard General Insurance Company Business Development Executive salaries in Mumbai

Last Updated: 17 Jan 2024

Experience	Avg Annual Salary
1 year (4 salaries)	₹3.3 L/yr - ₹5.5 L/yr
2 years (4 salaries)	₹3.8 L/yr - ₹6.3 L/yr
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3 years (3 salaries)	₹3 L/yr - ₹6.3 L/yr
4 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹5.9 L/yr
5 years (3 salaries)	₹3.5 L/yr - ₹9.3 L/yr
6 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹9.3 L/yr

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Similar Designation salaries in ICICI Lombard General Insurance Company

Sales Executive Salary

(72 salaries)

₹1.2 L/yr - ₹5 L/yr

Senior Business Development Executive Salary

(7 salaries)

₹5.85 L/yr - ₹7.35 L/yr

Business Development Manager Salary

(6 salaries)

₹4.2 L/yr - ₹7.5 L/yr

Senior Sales Executive Salary

(3 salaries)

₹2.89 L/yr - ₹5.3 L/yr

Salary related reviews for ICICI Lombard General Insurance Company

4.0

Rated by 1 employees for salary & benefits

Business Development Executive in New Delhi

Procurement & Supply Chain Department

1.0

• posted on 21 Jun 2020

2.0

for Salary and Benefits

Likes

As I m a former employee of this company i found that only work is important not any thing else.. They gives mental pressure to the employees which results in nervous break down. I m lucky that my family support is with me and I leave the job just after 3 months of joining because of mental torture by the boss of our vertical.. Plz don't join this company if u dont want to take mental pressure

Dislikes

.... Pathetic working culture.. Pathetic boss... Pathetic company to work with. The person will get salary but also get mental pressure which can broke u up....

Sales Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 03 Jun 2024

1.0

for Salary and Benefits

Likes

Dislikes

Internal politics , No increment till 5 yrs, no receive bonus till 5 yrs, no salary hike till 5 yrs. Company HR's not given 1st preference to state employees. They hiring MBA students from other states like, UP, Kolkata, Odisa. And given high starting packages 8 L , 9L , 10L-12L, State employees only sufferring and working hard, Zero growth. And HR team is non trustable, They saying one thing while hiring, And you get someting else. # Career ki Dhajiya

Sales Manager in Chennai

Full Time

Sales & Business Development Department

5.0

• posted on 20 Jan 2022

5.0

for Salary and Benefits

Likes

...agers. And also I find the management is very much transparent to the employers. Company policies are good, appreciation and appraisals are fair and they give good salary hike and bouns every year.

Dislikes

I feel work culture towards timings they have to rework ... employee in that company I felt very stretch timings towards work not able to find the timing for my personal life.

Sales Executive in Navi Mumbai

Customer Success, Service & Operations Department

4.0

• posted on 23 Nov 2020

3.0

for Salary and Benefits

Likes

...vironmenta also good & huge cafeteria as well as gaming activities for chilling. Company policy are good, appraisal for fair and they give good salary hoke and bonus every year.

Sales Associate in Coimbatore

Consulting Department

4.0

• posted on 31 May 2022

4.0

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 year.

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. On the job training is not given to new joinees.

see more salary related reviews

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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ICICI Lombard General Insurance Company Business Development Executive Salary FAQs

What is the salary of Business Development Executive at ICICI Lombard General Insurance Company Mumbai?

Business Development Executive salary at ICICI Lombard General Insurance Company in Mumbai ranges between ₹3.0 Lakhs to ₹6.3 Lakhs for experience between 1 years to 6 years. According to our estimates it is 30% more than the average Business Development Executive Salary in India. Salary estimates are based on 15 latest salaries received from various employees of ICICI Lombard General Insurance Company Mumbai.

How does the salary of a Business Development Executive at ICICI Lombard General Insurance Company Mumbai compare with the average salary range for this job?

The average salary of a Business Development Executive at ICICI Lombard General Insurance Company is 30% more than the average salary of a Business Development Executive in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than ICICI Lombard General Insurance Company to a Business Development Executive in Mumbai?

Jaro Education Business Development Executive Salary - ₹3.0 Lakhs to ₹9.0 Lakhs per year

What is the salary of a Business Development Executive in companies similar to ICICI Lombard General Insurance Company in Mumbai?

BYJU'S Business Development Executive Salary - ₹2.4 Lakhs to ₹7.5 Lakhs per year
Udaan Business Development Executive Salary - ₹2.0 Lakhs to ₹5.0 Lakhs per year
Square Yards Business Development Executive Salary - ₹1.8 Lakhs to ₹7.0 Lakhs per year
Motilal Oswal Financial Services Business Development Executive Salary - ₹1.5 Lakhs to ₹3.8 Lakhs per year

What is the estimated take home salary of a Business Development Executive at ICICI Lombard General Insurance Company in Mumbai?

The estimated take-home salary of a Business Development Executive at ICICI Lombard General Insurance Company ranges between ₹38,991 per month to ₹40,171 per month in Mumbai. The take-home salary calculation is based on the average ICICI Lombard General Insurance Company Business Development Executive salary in India which ranges between ₹3.0 Lakhs to ₹6.3 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

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ICICI Lombard General Insurance Company Business Development Executive Salaries in Mumbai

ICICI Lombard General Insurance Company Business Development Executive salary in Mumbai ranges between ₹3 Lakhs to ₹6.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.