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

1 - 8 years exp.

₹2.8 Lakhs - ₹6 Lakhs

Avg. annual salary

Monthly In-hand Salary

64% less than the average Senior Business Development Manager Salary in Insurance Companies for 1 - 8 years of experience

Interested in this particular role?

Salaries in different departments

Sales & Business Development Senior Business Development Manager Salary 2 - 8 years exp. (5 salaries)	₹3 L/yr - ₹6 L/yr
Login to view exact salary
BFSI, Investments & Trading Senior Business Development Manager Salary 1 - 5 years exp. (3 salaries)	₹3 L/yr - ₹4.6 L/yr

Last Updated: 28 Feb 2025

Companies similar to ICICI Prudential Life Insurance for Senior Business Development Manager

Company name	Avg Annual Salary	Open Jobs
SBI General Insurance Senior Business Development Manager Salary 3 - 12 years exp. (292 salaries)	₹3.5 L/yr - ₹7.8 L/yr 34% more
SBI Life Insurance Company Senior Business Development Manager Salary 5 - 13 years exp. (208 salaries)	₹3.4 L/yr - ₹8.5 L/yr 45% more
Login to view exact salary
Bajaj Allianz Life Insurance Senior Business Development Manager Salary 1 - 10 years exp. (169 salaries)	₹4 L/yr - ₹6.8 L/yr 16% more
ICICI Lombard General Insurance Company Senior Business Development Manager Salary 3 - 15 years exp. (39 salaries)	₹3.8 L/yr - ₹14 L/yr 128% more
Axis Max Life Insurance Senior Business Development Manager Salary 4 - 18 years exp. (17 salaries)	₹5.3 L/yr - ₹8.2 L/yr 65% more
PNB MetLife Senior Business Development Manager Salary 4 - 16 years exp. (10 salaries)	₹4.1 L/yr - ₹7.8 L/yr 48% more
Shriram Life Insurance Senior Business Development Manager Salary 1 - 7 years exp. (8 salaries)	₹2.7 L/yr - ₹4.8 L/yr 2% more
Kotak Mahindara Life Insurance Senior Business Development Manager Salary 4 - 9 years exp. (8 salaries)	₹3.6 L/yr - ₹6.5 L/yr 37% more
Reliance Nippon Life Insurance Senior Business Development Manager Salary 3 - 8 years exp. (7 salaries)	₹4.4 L/yr - ₹6.5 L/yr 24% more
Aditya Birla Sun Life Insurance Senior Business Development Manager Salary 4 - 15 years exp. (5 salaries)	₹10.5 L/yr - ₹13 L/yr 190% more
HDFC Life Senior Business Development Manager Salary 1 - 10 years exp. (4 salaries)	₹3 L/yr - ₹5 L/yr At par	1 job opening
Login to view exact salary

Senior Business Development Manager salary at ICICI Prudential Life Insurance ranges between ₹2.8 Lakhs to ₹6 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 11 latest salaries received from various employees of ICICI Prudential Life Insurance.

Experience wise ICICI Prudential Life Insurance Senior Business Development Manager salaries

Last Updated: 28 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
2 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
Login to view exact salary
3 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.7 L/yr
5 years (3 salaries)	₹2.8 L/yr - ₹5 L/yr
6 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
7 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
8 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr

View all

Similar Designation salaries in ICICI Prudential Life Insurance

Business Development Manager Salary

(136 salaries)

₹2.25 L/yr - ₹4.77 L/yr

Senior Business Development Executive Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Business Development Associate Salary

(6 salaries)

₹3.2 L/yr - ₹4.7 L/yr

Business Development Executive Salary

(16 salaries)

₹2.4 L/yr - ₹6 L/yr

Senior Sales Manager Salary

(33 salaries)

₹3.25 L/yr - ₹8.1 L/yr

Area Business Manager Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Business Manager Salary

(8 salaries)

₹3.1 L/yr - ₹4 L/yr

Territory Sales Manager Salary

(4 salaries)

₹5 L/yr - ₹10.9 L/yr

Regional Manager Salary

(93 salaries)

₹12.3 L/yr - ₹36 L/yr

Zonal Sales Manager Salary

(4 salaries)

₹21 L/yr - ₹28 L/yr

Salary related reviews for ICICI Prudential Life Insurance

4.0

Rated by 1 employees for salary & benefits

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

Business Development Executive in Bangalore / Bengaluru

Marketing & Communication Department

1.0

• posted on 26 Apr 2022

1.0

for Salary and Benefits

Likes

...sive word. Never Suggest anyone to work here, specially for sales job profile. Pros: salary on time and job security

Job security - Good

Dislikes

Salary - Bad
Skill development - Bad

+4 more

Relationship Manager in Saharsa

Customer Success, Service & Operations Department

5.0

• posted on 12 Aug 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling.company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

Got a question about ICICI Prudential Life Insurance?

Ask anonymously on communities.

ICICI Prudential Life Insurance Senior Business Development Manager Salary FAQs

What is the salary of Senior Business Development Manager at ICICI Prudential Life Insurance ?

The average salary of a Senior Business Development Manager at ICICI Prudential Life Insurance in India typically ranges from ₹2.8 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Senior Business Development Manager at ICICI Prudential Life Insurance earn more than ₹5.4 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Senior Business Development Manager Salaries at ICICI Prudential Life Insurance 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 10+ ICICI Prudential Life Insurance employees in India.

What is the estimated take home salary of a Senior Business Development Manager at ICICI Prudential Life Insurance in India?

The estimated take-home salary of a Senior Business Development Manager at ICICI Prudential Life Insurance in India typically ranges from ₹29,812 to ₹31,129 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 1 year to 8 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10+ salaries received from various employees of ICICI Prudential Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than ICICI Prudential Life Insurance for Senior Business Development Manager in India?

Aditya Birla Sun Life Insurance	₹10.5 Lakhs to ₹13.0 Lakhs per year
ICICI Lombard General Insurance Company	₹3.8 Lakhs to ₹14.0 Lakhs per year
Axis Max Life Insurance	₹5.3 Lakhs to ₹8.2 Lakhs per year
PNB MetLife	₹4.1 Lakhs to ₹7.8 Lakhs per year
SBI Life Insurance Company	₹3.4 Lakhs to ₹8.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by ICICI Prudential Life Insurance, depending on the role and experience level.

What is the salary of a Senior Business Development Manager in companies similar to ICICI Prudential Life Insurance in India?

The salary of a Senior Business Development Manager at companies similar to ICICI Prudential Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kotak Mahindara Life Insurance	₹3.6 Lakhs to ₹6.5 Lakhs per year
SBI General Insurance	₹3.5 Lakhs to ₹7.8 Lakhs per year
Reliance Nippon Life Insurance	₹4.4 Lakhs to ₹6.5 Lakhs per year
Bajaj Allianz Life Insurance	₹4.0 Lakhs to ₹6.8 Lakhs per year
Shriram Life Insurance	₹2.7 Lakhs to ₹4.8 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.

How the salary growth look like for a Senior Business Development Manager at ICICI Prudential Life Insurance in India?

The salary growth for a Senior Business Development Manager at ICICI Prudential Life Insurance depends on factors such as experience, performance, and promotions. On average, a Senior Business Development Manager can expect the following growth trajectory at ICICI Prudential Life Insurance:

Experience	Average Salary Range
1 year	₹3.7 Lakhs to ₹4.7 Lakhs per year
2 years	₹3.7 Lakhs to ₹4.7 Lakhs per year
3 years	₹3.7 Lakhs to ₹4.7 Lakhs per year
4 years	₹3.6 Lakhs to ₹4.7 Lakhs per year

and so on.

Tell us how to improve this page.

ICICI Prudential Life Insurance Senior Business Development Manager Salaries by Location

Home >
Salaries >
ICICI Prudential Life Insurance Salaries >
ICICI Prudential Life Insurance Senior Business Development Manager Salaries

ICICI Prudential Life Insurance Senior Business Development Manager salary in India ranges between ₹2.8 Lakhs to ₹6 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.

ICICI Prudential Life Insurance Senior Business Development Manager salaries in India (Updated 2025)

Companies similar to ICICI Prudential Life Insurance for Senior Business Development Manager

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

Experience wise ICICI Prudential Life Insurance Senior Business Development Manager salaries

Similar Designation salaries in ICICI Prudential Life Insurance

Salary related reviews for ICICI Prudential Life Insurance

Regional Manager in Kolkata

Area Sales Manager in Indore

Sales Manager in Hyderabad / Secunderabad

Business Development Executive in Bangalore / Bengaluru

Relationship Manager in Saharsa

ICICI Prudential Life Insurance Senior Business Development Manager Salary FAQs

Tell us how to improve this page.

ICICI Prudential Life Insurance Senior Business Development Manager Salaries by Location