Likes
Get salary on time,
Annual salary range
4 - 12 years exp.
₹4.2
Lakhs - ₹7.5
Lakhs
Login to view
detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary38% less than the average Business Development Manager Salary in Insurance Companies for 4 - 12 years of experience
Interested in this particular role?
Salaries in different departments
BFSI, Investments & Trading
Business Development Manager Salary
4 - 10
years
exp.
(4
salaries)
|  ₹4.2 L/yr - ₹6.3 L/yr |
Login to view exact salary
| |
Sales & Business Development
Business Development Manager Salary
4 - 12
years
exp.
(AmbitionBox Estimate)
| ₹3.5 L/yr - ₹7.5 L/yr |
Companies similar to ICICI Lombard General Insurance Company for Business Development Manager in Mumbai
ICICI Lombard General Insurance Company
Business Development Manager Salary
4 - 12 years exp. (6 salaries) |  ₹4.2 L/yr - ₹7.5 L/yr |
vs
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Tata AIG Business Development Manager Salary
2 - 6 years exp. (5 salaries) | ₹3.1 L/yr - ₹5.7 L/yr 
2%
less | |
 Bharti AXA Life Insurance Business Development Manager Salary
3 - 7 years exp. (3 salaries) | ₹3 L/yr - ₹6.4 L/yr
13%
less | |
Login to view exact salary
| ||
 HDFC Life Business Development Manager Salary
0 - 10 years exp. (185 salaries) | ₹1.9 L/yr - ₹4.5 L/yr
19%
less | 12 job openings |
 SBI Life Insurance Company Business Development Manager Salary
3 - 12 years exp. (60 salaries) | ₹3 L/yr - ₹7 L/yr 
14%
more | 1 job opening |
 Aditya Birla Sun Life Insurance Business Development Manager Salary
0 - 12 years exp. (24 salaries) | ₹4.1 L/yr - ₹6.5 L/yr
5%
less | |
 Bajaj Allianz Life Insurance Business Development Manager Salary
0 - 12 years exp. (22 salaries) | ₹3.7 L/yr - ₹5.5 L/yr
2%
less | |
 SBI General Insurance Business Development Manager Salary
0 - 7 years exp. (16 salaries) | ₹2.8 L/yr - ₹4.5 L/yr
19%
less | 12 job openings |
 Max Life Insurance Business Development Manager Salary
2 - 10 years exp. (15 salaries) | ₹4 L/yr - ₹7 L/yr
16%
more | 2 job openings |
 Kotak Mahindara Life Insurance Business Development Manager Salary
4 - 13 years exp. (10 salaries) | ₹3.7 L/yr - ₹8.8 L/yr
48%
more | 5 job openings |
 Star Union Dai-ichi Life Insurance Business Development Manager Salary
4 - 7 years exp. (6 salaries) | ₹3.9 L/yr - ₹6.4 L/yr
2%
less | 9 job openings |
 Future Generali India Life Insurance Business Development Manager Salary
3 - 12 years exp. (6 salaries) | ₹5 L/yr - ₹7 L/yr
16%
more | |
Login to view exact salary
| ||
 Life Insurance Corporation of India Business Development Manager Salary
3 - 8 years exp. (5 salaries) | ₹2.8 L/yr - ₹6.5 L/yr
14%
less | |
 Reliance Nippon Life Insurance Business Development Manager Salary
3 - 10 years exp. (4 salaries) | ₹4 L/yr - ₹6 L/yr
13%
less | |
 Care Health Insurance Business Development Manager Salary
5 - 17 years exp. (4 salaries) | ₹3.8 L/yr - ₹7.5 L/yr
7%
more | |
 Gallagher Business Development Manager Salary
4 - 14 years exp. (3 salaries) | ₹10 L/yr - ₹10.8 L/yr
123%
more | |
Business Development Manager salary at ICICI Lombard General Insurance Company ranges between ₹4.2
Lakhs
to ₹7.5
Lakhs
per year for employees with experience between 4 years to 12 years. Salary
estimates are based on
6 latest salaries received
from various employees of ICICI Lombard General Insurance Company.
Latest annual salaries shared by ICICI Lombard General Insurance Company Business Development Manager in Mumbai
3mo ago
4
years
exp.
7mo ago
4
years
exp.
11mo ago
10
years
exp.
11mo ago
5
years
exp.
11mo ago
5
years
exp.
1y ago
12
years
exp.
Experience wise ICICI Lombard General Insurance Company Business Development Manager salaries in Mumbai
Last Updated: 5 Sep 2024
| Experience | Avg Annual Salary |
|---|---|
| 4 years (AmbitionBox Estimate) |
₹1.6
L/yr
- ₹5
L/yr
|
| 5 years (AmbitionBox Estimate) |
₹1.6
L/yr
- ₹6
L/yr
|
Login to view exact salary
| |
| 6 years (AmbitionBox Estimate) |
₹3.8
L/yr
- ₹4.9
L/yr
|
| 7 years (AmbitionBox Estimate) |
₹4
L/yr
- ₹5.1
L/yr
|
| 8 years (AmbitionBox Estimate) |
₹4.1
L/yr
- ₹5.3
L/yr
|
View all
ICICI Lombard General Insurance Company Business Development Manager
Salary and Career Growth
From
To
Business Development Manager
₹
Lakhs/yr
Lakhs/yr
2 - 14 years exp.
Chief Manager
₹
Lakhs/yr
Lakhs/yr
3 - 19 years exp.
Business Development Manager
2 -
14
years
exp.
Senior Manager
0 -
19
years
exp.
92% hike
Chief Manager
3 -
19
years
exp.
64% hike
Disclaimer: Our data limits
the visualization of this career path at this point. However, other roles and
opportunities might be available within the organization beyond what is shown
here.
Similar Designation salaries in ICICI Lombard General Insurance Company
Salary related reviews for ICICI Lombard General Insurance Company
Discover interview dos and don'ts from real experiences
Top trending discussions
View All
Salary Discussions, Hike & Promotions
2w
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?
Got a question about ICICI Lombard General Insurance Company?
Ask anonymously on communities.
ICICI Lombard General Insurance Company Business Development Manager Salary FAQs
What is the salary of Business Development Manager at ICICI Lombard General Insurance Company Mumbai?
Business Development Manager salary at ICICI Lombard General Insurance Company in Mumbai ranges between ₹4.2 Lakhs to ₹7.5 Lakhs for experience between 4 years to 12 years. According to our estimates it is 38% less than the average Business Development Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of ICICI Lombard General Insurance Company Mumbai.
How does the salary of a Business Development Manager at ICICI Lombard General Insurance Company Mumbai compare with the average salary range for this job?
The average salary of a Business Development Manager at ICICI Lombard General Insurance Company is 38% less than the average salary of a Business Development Manager 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 Manager in Mumbai?
- Gallagher Business Development Manager Salary - ₹10.0 Lakhs to ₹10.8 Lakhs per year
- Kotak Mahindara Life Insurance Business Development Manager Salary - ₹3.7 Lakhs to ₹8.8 Lakhs per year
- Max Life Insurance Business Development Manager Salary - ₹4.0 Lakhs to ₹7.0 Lakhs per year
- Future Generali India Life Insurance Business Development Manager Salary - ₹5.0 Lakhs to ₹7.0 Lakhs per year
- SBI Life Insurance Company Business Development Manager Salary - ₹3.0 Lakhs to ₹7.0 Lakhs per year
What is the salary of a Business Development Manager in companies similar to ICICI Lombard General Insurance Company in Mumbai?
- Care Health Insurance Business Development Manager Salary - ₹3.8 Lakhs to ₹7.5 Lakhs per year
- Tata AIG Business Development Manager Salary - ₹3.1 Lakhs to ₹5.7 Lakhs per year
- Star Union Dai-ichi Life Insurance Business Development Manager Salary - ₹3.9 Lakhs to ₹6.4 Lakhs per year
- Bajaj Allianz Life Insurance Business Development Manager Salary - ₹3.7 Lakhs to ₹5.5 Lakhs per year
- Aditya Birla Sun Life Insurance Business Development Manager Salary - ₹4.1 Lakhs to ₹6.5 Lakhs per year
What is the estimated take home salary of a Business Development Manager at ICICI Lombard General Insurance Company in Mumbai?
The estimated take-home salary of a Business Development Manager at ICICI Lombard General Insurance Company ranges between ₹34,425 per month to ₹35,673 per month in Mumbai. The take-home salary calculation is based on the average ICICI Lombard General Insurance Company Business Development Manager salary in India which ranges between ₹4.2 Lakhs to ₹7.5 Lakhs per year for employees with experience between 4 years to 12 years. Check how did we calculate take home salary?
What is the notice period for Business Development Manager at ICICI Lombard General Insurance Company in Mumbai?
According to AmbitionBox, 50% of the ICICI Lombard General Insurance Company Business Development Managers in Mumbai reported a notice period of 15 days or less, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.
Tell us how to improve this page.
- Home >
- Salaries >
- ICICI Lombard General Insurance Company Salaries >
- ICICI Lombard General Insurance Company Business Development Manager Salaries >
- ICICI Lombard General Insurance Company Business Development Manager Salaries in Mumbai
ICICI Lombard General Insurance Company Business Development Manager salary
in
Mumbai
ranges between ₹4.2
Lakhs to ₹7.5
Lakhs with an average annual salary of
₹. Salary estimates are based on
6
ICICI Lombard General Insurance Company latest salaries received from various employees of
ICICI Lombard General Insurance Company.