ICICI Lombard General Insurance Company New Delhi Business Development Manager Salaries by 10+ Employees (Updated 2024)

4 - 13 years exp.

₹3 Lakhs - ₹8.9 Lakhs

Salary of majority employees

44% less than the average Business Development Manager Salary in Insurance Companies for 4 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Business Development Manager Salary 4 - 13 years exp. (6 salaries)	₹3.7 L/yr - ₹9 L/yr
Sales & Business Development Business Development Manager Salary 5 - 12 years exp. (5 salaries)	₹2.5 L/yr - ₹8.7 L/yr
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Customer Success, Service & Operations Business Development Manager Salary 7 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹4.9 L/yr

Last Updated: 27 Nov 2024

Companies similar to ICICI Lombard General Insurance Company for Business Development Manager in New Delhi

ICICI Lombard General Insurance Company Business Development Manager Salary

4 - 13 years exp. (13 salaries)

₹3 L/yr - ₹8.9 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Ergo General Insurance Business Development Manager Salary 1 - 8 years exp. (6 salaries)	₹2.8 L/yr - ₹6.5 L/yr At par
Bajaj Allianz General Insurance Business Development Manager Salary 3 - 9 years exp. (7 salaries)	₹4.2 L/yr - ₹5.2 L/yr 25% more	17 job openings
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Bharti AXA Life Insurance Business Development Manager Salary 3 - 8 years exp. (4 salaries)	₹3.4 L/yr - ₹7 L/yr 18% more
HDFC Life Business Development Manager Salary 0 - 9 years exp. (167 salaries)	₹2.2 L/yr - ₹4.6 L/yr 11% less	12 job openings
SBI Life Insurance Company Business Development Manager Salary 1 - 14 years exp. (104 salaries)	₹3 L/yr - ₹6.5 L/yr 20% more	1 job opening
SBI General Insurance Business Development Manager Salary 0 - 8 years exp. (28 salaries)	₹3 L/yr - ₹5 L/yr 7% less	12 job openings
ICICI Prudential Life Insurance Business Development Manager Salary 1 - 7 years exp. (17 salaries)	₹2.3 L/yr - ₹5 L/yr 4% less
Bajaj Allianz Life Insurance Business Development Manager Salary 1 - 10 years exp. (16 salaries)	₹3.9 L/yr - ₹5.5 L/yr 9% more
Max Life Insurance Business Development Manager Salary 2 - 9 years exp. (13 salaries)	₹2.2 L/yr - ₹7 L/yr 18% more	4 job openings
Aditya Birla Sun Life Insurance Business Development Manager Salary 0 - 10 years exp. (12 salaries)	₹3 L/yr - ₹4.5 L/yr 4% more
Reliance Nippon Life Insurance Business Development Manager Salary 6 - 10 years exp. (8 salaries)	₹2.1 L/yr - ₹5.6 L/yr 1% more
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Kotak Mahindara Life Insurance Business Development Manager Salary 5 - 12 years exp. (7 salaries)	₹3.7 L/yr - ₹7.5 L/yr 38% more	5 job openings
Tata AIA Life Insurance Business Development Manager Salary 3 - 12 years exp. (5 salaries)	₹3.3 L/yr - ₹4 L/yr 4% less
Star Union Dai-ichi Life Insurance Business Development Manager Salary 6 - 11 years exp. (4 salaries)	₹2.8 L/yr - ₹7.5 L/yr 10% more	9 job openings
Future Generali India Life Insurance Business Development Manager Salary 7 - 12 years exp. (4 salaries)	₹5.3 L/yr - ₹5.6 L/yr 31% more
Life Insurance Corporation of India Business Development Manager Salary 0 - 6 years exp. (3 salaries)	₹1.8 L/yr - ₹4.2 L/yr 3% less

Business Development Manager salary at ICICI Lombard General Insurance Company ranges between ₹3 Lakhs to ₹8.9 Lakhs per year for employees with experience between 4 years to 13 years. Salary estimates are based on 13 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 New Delhi

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Experience wise ICICI Lombard General Insurance Company Business Development Manager salaries in New Delhi

Last Updated: 27 Nov 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹7.7 L/yr
5 years (3 salaries)	₹1.5 L/yr - ₹8 L/yr
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6 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹6 L/yr
7 years (AmbitionBox Estimate)	₹3 L/yr - ₹7.4 L/yr
8 years (3 salaries)	₹4 L/yr - ₹7.8 L/yr
9 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
10 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹8.6 L/yr
11 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
12 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹8.7 L/yr
13 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹9 L/yr

View all

From

Business Development Manager

₹

Lakhs/yr

0 - 13 years exp.

Chief Manager

₹

Lakhs/yr

3 - 19 years exp.

Business Development Manager 0 - 13 years exp.

Senior Manager 0 - 19 years exp.

136% 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

Area Sales Manager Salary

(36 salaries)

₹7.5 L/yr - ₹18.5 L/yr

Business Development Executive Salary

(24 salaries)

₹3.25 L/yr - ₹6.1 L/yr

Senior Sales Manager Salary

(23 salaries)

₹5.8 L/yr - ₹14.5 L/yr

Senior Business Development Manager Salary

(13 salaries)

₹5.4 L/yr - ₹14 L/yr

Senior Business Development Executive Salary

(9 salaries)

₹5.4 L/yr - ₹7.5 L/yr

Zonal Sales Manager Salary

(7 salaries)

₹16.95 L/yr - ₹32 L/yr

Territory Sales Manager Salary

(5 salaries)

₹5.8 L/yr - ₹10.72 L/yr

Salary related reviews for ICICI Lombard General Insurance Company

4.0

Rated by 1 employees for salary & benefits

Branch Manager in Haldwani

Full Time

Sales & Business Development Department

2.0

• posted on 08 Jun 2024

4.0

for Salary and Benefits

Likes

Get salary on time,

Dislikes

Toxic behaviour by top management, and HR will not supportive, On every day 4-5 con call , work under pressure , HR will transfer any time any where without prior notice, old employees are permanent दामाद of company, they will not accept new employees.

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

Area Manager in Coimbatore

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 07 Mar 2024

2.0

for Salary and Benefits

Likes

Good organization but motor claim department having lot of work load and there is very much biased in ratings and promotion

Dislikes

...year of my carrier I got only one promotion and one good ratings Started with 2.4 lakh and ended with 8 lakhs package per annum

Area Manager in Bangalore / Bengaluru

Full Time

KRG Department

1.0

• posted on 07 Feb 2022

1.0

for Salary and Benefits

Likes

Pros: Brand name Tech savy High Variable pay (not sure whether we'll get it or not) Cons: No one gives a f*ck about ur issues. No owing of responsibility. Completely tech driven, no human interaction as the system would assign everything. People won't attend calls. Your problem is your problem, none of our Problem. High Pressure to achieve target without top level and ground level support. Except sales no one will work on Saturday.

Branch Manager in Kolkata

Full Time

Sales Department

4.0

• posted on 01 Jan 2021

5.0

for Salary and Benefits

Likes

Thinking about the future and placing itself in front above other co.

Dislikes

Changes in designation, pressure of your package in your job responsibilities are huge, especially in East the culture is not as professional as in other zones.

see more salary related reviews

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Salary Discussions, Hike & Promotions

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 Manager Salary FAQs

What is the salary of Business Development Manager at ICICI Lombard General Insurance Company New Delhi?

Business Development Manager salary at ICICI Lombard General Insurance Company in New Delhi ranges between ₹3.0 Lakhs to ₹8.9 Lakhs for experience between 4 years to 13 years. According to our estimates it is 44% less than the average Business Development Manager Salary in India. Salary estimates are based on 13 latest salaries received from various employees of ICICI Lombard General Insurance Company New Delhi.

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

The average salary of a Business Development Manager at ICICI Lombard General Insurance Company is 44% less than the average salary of a Business Development Manager in New Delhi. 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 New Delhi?

Kotak Mahindara Life Insurance Business Development Manager Salary - ₹3.7 Lakhs to ₹7.5 Lakhs per year
Future Generali India Life Insurance Business Development Manager Salary - ₹5.3 Lakhs to ₹5.6 Lakhs per year
Bajaj Allianz General Insurance Business Development Manager Salary - ₹4.2 Lakhs to ₹5.2 Lakhs per year
SBI Life Insurance Company Business Development Manager Salary - ₹3.0 Lakhs to ₹6.5 Lakhs per year
Bharti AXA Life Insurance Business Development Manager Salary - ₹3.4 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 New Delhi?

Max Life Insurance Business Development Manager Salary - ₹2.2 Lakhs to ₹7.0 Lakhs per year
Star Union Dai-ichi Life Insurance Business Development Manager Salary - ₹2.8 Lakhs to ₹7.5 Lakhs per year
Bajaj Allianz Life Insurance Business Development Manager Salary - ₹3.9 Lakhs to ₹5.5 Lakhs per year
Aditya Birla Sun Life Insurance Business Development Manager Salary - ₹3.0 Lakhs to ₹4.5 Lakhs per year
Reliance Nippon Life Insurance Business Development Manager Salary - ₹2.1 Lakhs to ₹5.6 Lakhs per year

What is the estimated take home salary of a Business Development Manager at ICICI Lombard General Insurance Company in New Delhi?

The estimated take-home salary of a Business Development Manager at ICICI Lombard General Insurance Company ranges between ₹29,783 per month to ₹31,100 per month in New Delhi. The take-home salary calculation is based on the average ICICI Lombard General Insurance Company Business Development Manager salary in India which ranges between ₹3.0 Lakhs to ₹8.9 Lakhs per year for employees with experience between 4 years to 13 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 New Delhi?

According to AmbitionBox, 100% of the ICICI Lombard General Insurance Company Business Development Managers in New Delhi reported a notice period of 15 days or less.This is based on 2 responses on AmbitionBox in last 2 years.

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ICICI Lombard General Insurance Company Business Development Manager Salaries in New Delhi

ICICI Lombard General Insurance Company Business Development Manager salary in New Delhi ranges between ₹3 Lakhs to ₹8.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.