ICICI Prudential Life Insurance Bangalore / Bengaluru Business Development Manager Salaries by 10+ Employees (Updated 2025)

2 - 6 years exp.

₹3.2 Lakhs - ₹4.5 Lakhs

Salary of majority employees

49% less than the average Business Development Manager Salary in Insurance Companies for 2 - 6 years of experience

Interested in this particular role?

Salaries in different departments

Sales & Business Development Business Development Manager Salary 2 - 6 years exp. (4 salaries)	₹3.2 L/yr - ₹4.2 L/yr
Customer Success, Service & Operations Business Development Manager Salary 4 - 6 years exp. (3 salaries)	₹3.2 L/yr - ₹4.2 L/yr
Login to view exact salary
Marketing & Communication Business Development Manager Salary 5 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.2 L/yr

Last Updated: 2 Oct 2024

Companies similar to ICICI Prudential Life Insurance for Business Development Manager in Bangalore / Bengaluru

ICICI Prudential Life Insurance Business Development Manager Salary

2 - 6 years exp. (11 salaries)

₹3.2 L/yr - ₹4.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Business Development Manager Salary 0 - 9 years exp. (90 salaries)	₹1.8 L/yr - ₹5 L/yr 2% less	18 job openings
SBI Life Insurance Company Business Development Manager Salary 0 - 13 years exp. (100 salaries)	₹2.7 L/yr - ₹6.5 L/yr 26% more
Login to view exact salary
Max Life Insurance Business Development Manager Salary 2 - 8 years exp. (5 salaries)	₹4 L/yr - ₹6.9 L/yr 33% more	2 job openings
Bajaj Allianz Life Insurance Business Development Manager Salary 0 - 7 years exp. (9 salaries)	₹3.5 L/yr - ₹4.4 L/yr 10% more
Tata AIA Life Insurance Business Development Manager Salary 3 - 5 years exp. (3 salaries)	₹3 L/yr - ₹3.4 L/yr 18% less
SBI General Insurance Business Development Manager Salary 0 - 9 years exp. (27 salaries)	₹2 L/yr - ₹5 L/yr At par	12 job openings
ICICI Lombard General Insurance Company Business Development Manager Salary 0 - 12 years exp. (7 salaries)	₹1.1 L/yr - ₹8.8 L/yr 23% more
Aditya Birla Sun Life Insurance Business Development Manager Salary 4 - 8 years exp. (7 salaries)	₹4.1 L/yr - ₹5 L/yr 12% more
Kotak Mahindara Life Insurance Business Development Manager Salary 2 - 12 years exp. (6 salaries)	₹2.2 L/yr - ₹8.9 L/yr 38% more	3 job openings

Business Development Manager salary at ICICI Prudential Life Insurance ranges between ₹3.2 Lakhs to ₹4.5 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 11 latest salaries received from various employees of ICICI Prudential Life Insurance.

Latest annual salaries shared by ICICI Prudential Life Insurance Business Development Manager in Bangalore / Bengaluru

3mo ago

6 years exp.

5mo ago

3 years exp.

8mo ago

5 years exp.

8mo ago

5 years exp.

11mo ago

4 years exp.

1y ago

2 years exp.

1y ago

6 years exp.

1y ago

4 years exp.

1y ago

6 years exp.

1y ago

2 years exp.

Experience wise ICICI Prudential Life Insurance Business Development Manager salaries in Bangalore / Bengaluru

Last Updated: 2 Oct 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.5 L/yr
Login to view exact salary
4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.2 L/yr
6 years (3 salaries)	₹3.6 L/yr - ₹4.2 L/yr

Similar Designation salaries in ICICI Prudential Life Insurance

Area Sales Manager Salary

(11 salaries)

₹4.6 L/yr - ₹15.42 L/yr

Assistant Sales Manager Salary

(4 salaries)

₹4.2 L/yr - ₹5 L/yr

Top skills at ICICI Prudential Life Insurance for Business Development Manager

Insurance Sales Business Development Agency Sales Business Development Management Problem Solving Sales Life Insurance Agency Leadership Skills Agency Management Insurance

Salary related reviews for ICICI Prudential Life Insurance

3.9

Rated by 3 employees for salary & benefits

Business Development Manager in Sambalpur

Agency Sales Department

3.0

• posted on 08 Aug 2020

4.0

for Salary and Benefits

Likes

Salary is ok, training is provided on the regular basis. Bonus and increaments are good.

Salary - Good

+1 more

Dislikes

Internal politics in management and higher posts, superior treats like a dog. Very bad and abusive language is used on the bad days. Little to no patience is there in the upper management.

Promotions - Poor

+1 more

Business Development Manager in Kolkata

Customer Success, Service & Operations Department

4.0

• posted on 20 Mar 2018

3.0

for Salary and Benefits

Likes

I have learned a lot about insurance. Good platform to learn as a fresher, staffs are very much helpful, good and safe work environment.

Skill development - Excellent

+2 more

Dislikes

...tructure is very tough. Good rating in continuous 2 years is not that much easy. Starting salary structure is very bad, even some times lower than house keeping boys

Regional Manager in Kolkata

Full Time

Sales & Business Development Department

5.0

• posted on 28 Jul 2023

4.0

for Salary and Benefits

Likes

Job security is good , company culture is also good but it depends on senior, overall company is good can work for long time , HR policy are good , high job security, multiple option and departments for work , IJP ALLOWED

Salary - Good

+6 more

Dislikes

Salary are poor, rating culture kills many many years for performer ..every year you have to get top rating and last top 2 rating are considered for promotion some time people are struggling for 4 to 5 year for promotion in mid management segment.

Area Sales Manager in Indore

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 13 Jul 2023

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...relieving & fnf settlement was comunicted verbaly for whch I had ask in writing. But it was asured dt recovery amt ll nt vary & latr thy givn recovery of gross salary which is high. When I not worked then also they added hra, supplementary allowance, statutory bonus in my recovery amt. Firstly If i have not taken any benfits with organization then recovery is not calculated and If the recovery calculated then it is always calculated on monthly basic salary.Rest all are additional benefits given to the employee. But then also ipru charged me recovery of 2month gross salary. As I have to get my reliveing letter so i had paid the recovery. But now I am writing the complaint as I was charged too. Pls help me out for it.

Salary - Bad

+6 more

Sales Manager in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 17 Jan 2023

3.0

for Salary and Benefits

Likes

Skill development Salary and benefits

Skill development - Good

+1 more

Dislikes

No dislikes but everything depends on the manager you report and the channel you get in this company. If your in partner handling channel . Your manager will give so much respect and importance to the partner but not you . He will not understand your problem .

Promotions - Poor

+1 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

Got a question about ICICI Prudential Life Insurance?

Ask anonymously on communities.

ICICI Prudential Life Insurance Business Development Manager Salary FAQs

What is the salary of Business Development Manager at ICICI Prudential Life Insurance Bangalore / Bengaluru?

Business Development Manager salary at ICICI Prudential Life Insurance in Bangalore / Bengaluru ranges between ₹3.2 Lakhs to ₹4.5 Lakhs for experience between 2 years to 6 years. According to our estimates it is 49% less than the average Business Development Manager Salary in India. Salary estimates are based on 11 latest salaries received from various employees of ICICI Prudential Life Insurance Bangalore / Bengaluru.

How does the salary of a Business Development Manager at ICICI Prudential Life Insurance Bangalore / Bengaluru compare with the average salary range for this job?

The average salary of a Business Development Manager at ICICI Prudential Life Insurance is 49% less than the average salary of a Business Development Manager in Bangalore / Bengaluru. To know exact salary insights, login to view.

What are the top skills required to work as a Business Development Manager at ICICI Prudential Life Insurance?

Insurance Sales, Business Development, Agency Sales, Business Development Management and Problem Solving are some of the popular skills required to work as a Business Development Manager at ICICI Prudential Life Insurance Bangalore / Bengaluru.

Which similar companies are paying more than ICICI Prudential Life Insurance to a Business Development Manager in Bangalore / Bengaluru?

Kotak Mahindara Life Insurance Business Development Manager Salary - ₹2.2 Lakhs to ₹8.9 Lakhs per year
Max Life Insurance Business Development Manager Salary - ₹4.0 Lakhs to ₹6.9 Lakhs per year
SBI Life Insurance Company Business Development Manager Salary - ₹2.7 Lakhs to ₹6.5 Lakhs per year
ICICI Lombard General Insurance Company Business Development Manager Salary - ₹1.1 Lakhs to ₹8.8 Lakhs per year
Aditya Birla Sun Life Insurance Business Development Manager Salary - ₹4.1 Lakhs to ₹5.0 Lakhs per year

What is the salary of a Business Development Manager in companies similar to ICICI Prudential Life Insurance in Bangalore / Bengaluru?

Bajaj Allianz Life Insurance Business Development Manager Salary - ₹3.5 Lakhs to ₹4.4 Lakhs per year
SBI General Insurance Business Development Manager Salary - ₹2.0 Lakhs to ₹5.0 Lakhs per year
HDFC Life Business Development Manager Salary - ₹1.8 Lakhs to ₹5.0 Lakhs per year
Tata AIA Life Insurance Business Development Manager Salary - ₹3.0 Lakhs to ₹3.4 Lakhs per year

What is the estimated take home salary of a Business Development Manager at ICICI Prudential Life Insurance in Bangalore / Bengaluru?

The estimated take-home salary of a Business Development Manager at ICICI Prudential Life Insurance ranges between ₹28,374 per month to ₹29,762 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average ICICI Prudential Life Insurance Business Development Manager salary in India which ranges between ₹3.2 Lakhs to ₹4.5 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Business Development Manager at ICICI Prudential Life Insurance in Bangalore / Bengaluru?

According to AmbitionBox, 75% of the ICICI Prudential Life Insurance Business Development Managers in Bangalore / Bengaluru reported a notice period of 1 Month, 25% reported a notice period of 15 days or less.This is based on 8 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
ICICI Prudential Life Insurance Salaries >
ICICI Prudential Life Insurance Business Development Manager Salaries >
ICICI Prudential Life Insurance Business Development Manager Salaries in Bangalore / Bengaluru

ICICI Prudential Life Insurance Business Development Manager salary in Bangalore / Bengaluru ranges between ₹3.2 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.