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ICICI Prudential Life Insurance Business Development Manager salaries in Visakhapatnam

Annual salary range
1 - 7 years exp.
₹2 Lakhs - ₹4.1 Lakhs
Salary of majority employees
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40% less than the average Business Development Manager Salary in Insurance Companies for 1 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Business Development Manager Salary
2 - 7 years exp. (3 salaries)
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₹2 L/yr - ₹4.2 L/yr

Customer Success, Service & Operations
Business Development Manager Salary
1 year exp. (AmbitionBox Estimate)
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₹3.5 L/yr - ₹4.1 L/yr

Last Updated: 8 May 2023

Companies similar to ICICI Prudential Life Insurance for Business Development Manager in Visakhapatnam

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ICICI Prudential Life Insurance Business Development Manager Salary

1 - 7 years exp. (4 salaries)

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₹2 L/yr - ₹4.1 L/yr

vs
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₹3.5 L/yr - ₹6 L/yr

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Oyo Rooms Business Development Manager Salary

2 - 12 years exp. (28 salaries)

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₹4.5 L/yr - ₹11.1 L/yr

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9 job openings
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₹4.3 L/yr - ₹6 L/yr

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Udaan Business Development Manager Salary

5 - 8 years exp. (5 salaries)

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₹3 L/yr - ₹5.5 L/yr

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₹3.4 L/yr - ₹6 L/yr

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Business Development Manager salary at ICICI Prudential Life Insurance ranges between ₹2 Lakhs to ₹4.1 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 4 latest salaries received from various employees of ICICI Prudential Life Insurance.

Latest annual salaries shared by ICICI Prudential Life Insurance Business Development Manager in Visakhapatnam

1y ago
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7 years exp.
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1 year exp.
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6 years exp.
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2 years exp.

Experience wise ICICI Prudential Life Insurance Business Development Manager salaries in Visakhapatnam

Last Updated: 8 May 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹3.5 L/yr - ₹6.3 L/yr
2 years (AmbitionBox Estimate)

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₹2 L/yr - ₹6.5 L/yr
3 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.2 L/yr
4 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.3 L/yr
5 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.4 L/yr
View all

Similar Designation salaries in ICICI Prudential Life Insurance

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₹4 L/yr - ₹5.5 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

5.0

Rated by 1 employees for salary & benefits

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.

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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.

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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.

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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

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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

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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.

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Full Time

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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.

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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

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 .

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ICICI Prudential Life Insurance Business Development Manager Salary FAQs

What is the salary of Business Development Manager at ICICI Prudential Life Insurance Visakhapatnam?
Business Development Manager salary at ICICI Prudential Life Insurance in Visakhapatnam ranges between ₹2.0 Lakhs to ₹4.1 Lakhs for experience between 1 years to 7 years. According to our estimates it is 40% less than the average Business Development Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of ICICI Prudential Life Insurance Visakhapatnam.
How does the salary of a Business Development Manager at ICICI Prudential Life Insurance Visakhapatnam compare with the average salary range for this job?
The average salary of a Business Development Manager at ICICI Prudential Life Insurance is 40% less than the average salary of a Business Development Manager in Visakhapatnam. 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 Visakhapatnam.
Which similar companies are paying more than ICICI Prudential Life Insurance to a Business Development Manager in Visakhapatnam?
  • Oyo Rooms Business Development Manager Salary - ₹4.5 Lakhs to ₹11.1 Lakhs per year
  • Pristyn Care Business Development Manager Salary - ₹4.3 Lakhs to ₹6.0 Lakhs per year
  • Max Life Insurance Business Development Manager Salary - ₹3.5 Lakhs to ₹6.0 Lakhs per year
  • Udaan Business Development Manager Salary - ₹3.0 Lakhs to ₹5.5 Lakhs per year
  • Hatsun Agro Product Business Development Manager Salary - ₹3.4 Lakhs to ₹6.0 Lakhs per year
What is the estimated take home salary of a Business Development Manager at ICICI Prudential Life Insurance in Visakhapatnam?
The estimated take-home salary of a Business Development Manager at ICICI Prudential Life Insurance ranges between ₹27,785 per month to ₹29,182 per month in Visakhapatnam. The take-home salary calculation is based on the average ICICI Prudential Life Insurance Business Development Manager salary in India which ranges between ₹2.0 Lakhs to ₹4.1 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?
What is the notice period for Business Development Manager at ICICI Prudential Life Insurance in Visakhapatnam?
According to AmbitionBox, 100% of the ICICI Prudential Life Insurance Business Development Managers in Visakhapatnam reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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ICICI Prudential Life Insurance Business Development Manager salary in Visakhapatnam ranges between ₹2 Lakhs to ₹4.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 ICICI Prudential Life Insurance latest salaries received from various employees of ICICI Prudential Life Insurance.