Monthly In-hand Salary
48% less than the average Business Development Manager Salary in Insurance Companies for 0 - 8 years of experience
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Salaries in different departments
Sales & Business Development
Business Development Manager Salary
0 - 8
years
exp.
(21
salaries)
|  ₹2.5 L/yr - ₹7.3 L/yr |
BFSI, Investments & Trading
Business Development Manager Salary
2 - 8
years
exp.
(19
salaries)
| ₹3.5 L/yr - ₹8.2 L/yr |
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| |
Customer Success, Service & Operations
Business Development Manager Salary
3 - 7
years
exp.
(4
salaries)
| ₹3 L/yr - ₹4 L/yr |
Companies similar to ICICI Lombard General Insurance Company for Business Development Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 HDFC Life Business Development Manager Salary
0 - 10 years exp. (1.4k salaries) | ₹1.8 L/yr - ₹5 L/yr 
6%
less | 12 job openings |
 SBI Life Insurance Company Business Development Manager Salary
0 - 14 years exp. (941 salaries) | ₹1.9 L/yr - ₹7 L/yr 
24%
more | |
Login to view exact salary
| ||
 SBI General Insurance Business Development Manager Salary
0 - 10 years exp. (607 salaries) | ₹1.6 L/yr - ₹5.3 L/yr
3%
less | 13 job openings |
 Bajaj Allianz Life Insurance Business Development Manager Salary
1 - 12 years exp. (192 salaries) | ₹3 L/yr - ₹6 L/yr
12%
more | 2 job openings |
 Axis Max Life Insurance Business Development Manager Salary
2 - 9 years exp. (170 salaries) | ₹2 L/yr - ₹7.3 L/yr
31%
more | 3 job openings |
 Aditya Birla Sun Life Insurance Business Development Manager Salary
0 - 12 years exp. (152 salaries) | ₹3 L/yr - ₹5.5 L/yr
6%
more | |
 ICICI Prudential Life Insurance Business Development Manager Salary
0 - 10 years exp. (136 salaries) | ₹2.3 L/yr - ₹4.8 L/yr
4%
less | |
 Kotak Mahindara Life Insurance Business Development Manager Salary
2 - 12 years exp. (106 salaries) | ₹2.2 L/yr - ₹10.3 L/yr
48%
more | 1 job opening |
 Shriram Life Insurance Business Development Manager Salary
0 - 9 years exp. (95 salaries) | ₹2 L/yr - ₹6 L/yr
19%
less | |
 Reliance Nippon Life Insurance Business Development Manager Salary
1 - 13 years exp. (53 salaries) | ₹1.5 L/yr - ₹6 L/yr
7%
more | |
 Tata AIA Life Insurance Business Development Manager Salary
1 - 12 years exp. (30 salaries) | ₹2 L/yr - ₹7 L/yr At par | |
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| ||
 Tata AIG Business Development Manager Salary
2 - 10 years exp. (18 salaries) | ₹3.1 L/yr - ₹6 L/yr
11%
more | |
 Life Insurance Corporation of India Business Development Manager Salary
1 - 10 years exp. (15 salaries) | ₹1.8 L/yr - ₹7 L/yr
3%
more | |
 PNB MetLife Business Development Manager Salary
0 - 8 years exp. (10 salaries) | ₹2 L/yr - ₹5.8 L/yr
1%
less | |
 Canara HSBC Life Insurance Business Development Manager Salary
1 - 14 years exp. (7 salaries) | ₹2.5 L/yr - ₹6.2 L/yr
16%
more | |
 Iffco Tokio General Insurance Co. Business Development Manager Salary
1 - 13 years exp. (7 salaries) | ₹3.4 L/yr - ₹10.7 L/yr
89%
more | |
 The Oriental Insurance Co. Business Development Manager Salary
2 - 18 years exp. (4 salaries) | ₹11.4 L/yr - ₹24.6 L/yr
485%
more | |
 MDIndia Health Insurance TPA Business Development Manager Salary
3 - 17 years exp. (4 salaries) | ₹4 L/yr - ₹7 L/yr
41%
more | |
 Reliance General Insurance Business Development Manager Salary
3 - 10 years exp. (4 salaries) | ₹4.4 L/yr - ₹7.8 L/yr
96%
more | |
 Gallagher Business Development Manager Salary
4 - 14 years exp. (3 salaries) | ₹10 L/yr - ₹10.8 L/yr
163%
more | |
Latest annual salaries shared by ICICI Lombard General Insurance Company Business Development Manager
Experience wise ICICI Lombard General Insurance Company Business Development Manager salaries
Last Updated: 16 Mar 2025
| Experience | Avg Annual Salary |
|---|---|
| Fresher (4 salaries) |
₹1.1
L/yr
- ₹3.5
L/yr
|
| 1 year (3 salaries) |
₹2.5
L/yr
- ₹5.6
L/yr
|
Login to view exact salary
| |
| 2 years (4 salaries) |
₹2.5
L/yr
- ₹5.7
L/yr
|
| 3 years (9 salaries) |
₹3
L/yr
- ₹7.1
L/yr
|
| 4 years (10 salaries) |
₹3.6
L/yr
- ₹8.2
L/yr
|
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ICICI Lombard General Insurance Company Business Development Manager Salary FAQs
The top 10% of Business Development Manager at ICICI Lombard General Insurance Company earn more than ₹7.3 Lakhs per year, and the top 1% earn over ₹8.2 Lakhs per year. Business Development Manager Salaries at ICICI Lombard General Insurance Company 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 50+ ICICI Lombard General Insurance Company 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 |
| Reliance General Insurance | ₹4.4 Lakhs to ₹7.8 Lakhs per year |
| Iffco Tokio General Insurance Co. | ₹3.4 Lakhs to ₹10.7 Lakhs per year |
| Kotak Mahindara Life Insurance | ₹2.2 Lakhs to ₹10.3 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by ICICI Lombard General Insurance Company, depending on the role and experience level.
| MDIndia Health Insurance TPA | ₹4.0 Lakhs to ₹7.0 Lakhs per year |
| Axis Max Life Insurance | ₹2.0 Lakhs to ₹7.3 Lakhs per year |
| SBI Life Insurance Company | ₹1.9 Lakhs to ₹7.0 Lakhs per year |
| Canara HSBC Life Insurance | ₹2.5 Lakhs to ₹6.2 Lakhs per year |
| Bajaj Allianz Life Insurance | ₹3.0 Lakhs to ₹6.0 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 |
|---|---|
| Fresher | ₹1.1 Lakhs to ₹3.5 Lakhs per year |
| 1 year | ₹2.5 Lakhs to ₹5.6 Lakhs per year |
| 2 years | ₹2.5 Lakhs to ₹5.7 Lakhs per year |
| 3 years | ₹3.0 Lakhs to ₹7.1 Lakhs per year |
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ICICI Lombard General Insurance Company Business Development Manager Salaries by Location
- ICICI Lombard General Insurance Company Business Development Manager salaries in New Delhi
- ICICI Lombard General Insurance Company Business Development Manager salaries in Mumbai
- ICICI Lombard General Insurance Company Business Development Manager salaries in Nagpur
- ICICI Lombard General Insurance Company Business Development Manager salaries in Veraval
- ICICI Lombard General Insurance Company Business Development Manager salaries in Kochi
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- ICICI Lombard General Insurance Company Business Development Manager Salaries
ICICI Lombard General Insurance Company Business Development Manager salary
in
India
ranges between ₹1.1
Lakh to ₹8.2
Lakhs with an average annual salary of
₹. Salary estimates are based on
54
ICICI Lombard General Insurance Company latest salaries received from various employees of
ICICI Lombard General Insurance Company.