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...ronment and culture. Teammates are supportive and the management is transparent. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.
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Annual salary range
0 - 4 years exp.
₹3
Lakhs - ₹3.5
Lakhs
Low Confidence 
Low confidence means that this average salary is based on data that was reported by very few people.
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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 salary16% less than the average Business Development Executive Salary in Insurance Companies for 0 - 4 years of experience
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Salaries in different departments
Sales & Business Development
Business Development Executive Salary
0 - 4
years
exp.
(AmbitionBox Estimate)
|  ₹3 L/yr - ₹3.6 L/yr |
Data Science & Analytics
Business Development Executive Salary Fresher
(AmbitionBox Estimate)
| ₹2.9 L/yr - ₹3.6 L/yr |
Login to view exact salary
| |
Marketing & Communication
Business Development Executive Salary
4
years
exp.
(AmbitionBox Estimate)
| ₹2.7 L/yr - ₹3.3 L/yr |
Companies similar to Iffco Tokio General Insurance Co. for Business Development Executive
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 ICICI Lombard General Insurance Company Business Development Executive Salary
1 - 10 years exp. (136 salaries) | ₹3 L/yr - ₹6.5 L/yr 
59%
more | |
 Bajaj Allianz General Insurance Business Development Executive Salary
1 - 7 years exp. (6 salaries) | ₹1.8 L/yr - ₹3 L/yr 
28%
less | |
Login to view exact salary
| ||
 HDFC Ergo General Insurance Business Development Executive Salary
1 - 6 years exp. (8 salaries) | ₹1.8 L/yr - ₹4.8 L/yr
4%
less | |
 Reliance General Insurance Business Development Executive Salary
3 - 5 years exp. (3 salaries) | ₹2.8 L/yr - ₹5.5 L/yr
31%
more | |
 National Insurance Company Business Development Executive Salary
2 - 5 years exp. (3 salaries) | ₹4.5 L/yr - ₹4.8 L/yr
44%
more | |
 The New India Assurance Co. Business Development Executive Salary
1 - 34 years exp. (7 salaries) | ₹2.9 L/yr - ₹12.5 L/yr
139%
more | |
 The Oriental Insurance Co. Business Development Executive Salary
2 - 9 years exp. (3 salaries) | ₹1.2 L/yr - ₹13.8 L/yr
84%
more | |
 SBI General Insurance Business Development Executive Salary
0 - 4 years exp. (33 salaries) | ₹2 L/yr - ₹3.8 L/yr
6%
less | |
 SBI Life Insurance Company Business Development Executive Salary
0 - 5 years exp. (172 salaries) | ₹2 L/yr - ₹4.5 L/yr At par | |
 Shriram Life Insurance Business Development Executive Salary
0 - 5 years exp. (31 salaries) | ₹1.4 L/yr - ₹4 L/yr
26%
less | |
 HDFC Life Business Development Executive Salary
1 - 5 years exp. (17 salaries) | ₹1.2 L/yr - ₹4.4 L/yr
14%
less | 1 job opening |
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| ||
 ICICI Prudential Life Insurance Business Development Executive Salary
0 - 5 years exp. (16 salaries) | ₹2.4 L/yr - ₹6 L/yr
30%
more | |
 Bajaj Allianz Life Insurance Business Development Executive Salary
1 - 7 years exp. (11 salaries) | ₹2.4 L/yr - ₹5 L/yr
12%
more | |
 Star Health & Allied Insurance Business Development Executive Salary
0 - 4 years exp. (9 salaries) | ₹1.8 L/yr - ₹4.5 L/yr
8%
less | |
 PNB MetLife Business Development Executive Salary
0 - 9 years exp. (5 salaries) | ₹2 L/yr - ₹3.8 L/yr
16%
less | |
 MetLife Business Development Executive Salary
4 - 9 years exp. (4 salaries) | ₹2 L/yr - ₹6.2 L/yr
25%
more | |
 Canara HSBC Life Insurance Business Development Executive Salary
0 - 2 years exp. (4 salaries) | ₹1.6 L/yr - ₹4.3 L/yr
11%
less | |
 Aditya Birla Sun Life Insurance Business Development Executive Salary
0 - 6 years exp. (4 salaries) | ₹2 L/yr - ₹3.1 L/yr
5%
less | |
Business Development Executive salary at Iffco Tokio General Insurance Co. ranges between ₹3
Lakhs
to ₹3.5
Lakhs
per year for employees with less than 1 year of experience to 4 years. Salary
estimates are based on
5 latest salaries received
from various employees of Iffco Tokio General Insurance Co..
Latest annual salaries shared by Iffco Tokio General Insurance Co. Business Development Executive
2mo ago
3
months
exp.
1y ago
4
years
exp.
1y ago
4
years
exp.
1y ago
5
months
exp.
Experience wise Iffco Tokio General Insurance Co. Business Development Executive salaries
Last Updated: 8 Nov 2024
| Experience | Avg Annual Salary |
|---|---|
| Fresher (3 salaries) |
₹3.3
L/yr
- ₹3.5
L/yr
|
| 1 year (AmbitionBox Estimate) |
₹3
L/yr
- ₹3.8
L/yr
|
Login to view exact salary
| |
| 2 years (AmbitionBox Estimate) |
₹2.9
L/yr
- ₹3.8
L/yr
|
| 3 years (AmbitionBox Estimate) |
₹2.9
L/yr
- ₹3.7
L/yr
|
| 4 years (AmbitionBox Estimate) |
₹3
L/yr
- ₹3.3
L/yr
|
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Salary Expectations
I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards.
I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high.
What should be the ideal salary expectation for someone with my experience in the current market?
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Iffco Tokio General Insurance Co. Business Development Executive Salary FAQs
What is the salary of Business Development Executive at Iffco Tokio General Insurance Co.?
Business Development Executive salary at Iffco Tokio General Insurance Co. in India ranges between ₹3.0 Lakhs to ₹3.5 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 16% less than the average Business Development Executive Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Iffco Tokio General Insurance Co. India.
How does the salary of a Business Development Executive at Iffco Tokio General Insurance Co. India compare with the average salary range for this job?
The average salary of a Business Development Executive at Iffco Tokio General Insurance Co. is 16% less than the average salary of a Business Development Executive in India. To know exact salary insights, login to view.
Which similar companies are paying more than Iffco Tokio General Insurance Co. to a Business Development Executive in India?
- The New India Assurance Co. Business Development Executive Salary - ₹2.9 Lakhs to ₹12.5 Lakhs per year
- The Oriental Insurance Co. Business Development Executive Salary - ₹1.2 Lakhs to ₹13.8 Lakhs per year
- ICICI Lombard General Insurance Company Business Development Executive Salary - ₹3.0 Lakhs to ₹6.5 Lakhs per year
- National Insurance Company Business Development Executive Salary - ₹4.5 Lakhs to ₹4.8 Lakhs per year
- Reliance General Insurance Business Development Executive Salary - ₹2.8 Lakhs to ₹5.5 Lakhs per year
What is the salary of a Business Development Executive in companies similar to Iffco Tokio General Insurance Co. in India?
- ICICI Prudential Life Insurance Business Development Executive Salary - ₹2.4 Lakhs to ₹6.0 Lakhs per year
- MetLife Business Development Executive Salary - ₹2.0 Lakhs to ₹6.2 Lakhs per year
- Bajaj Allianz Life Insurance Business Development Executive Salary - ₹2.4 Lakhs to ₹5.0 Lakhs per year
- SBI Life Insurance Company Business Development Executive Salary - ₹2.0 Lakhs to ₹4.5 Lakhs per year
- HDFC Ergo General Insurance Business Development Executive Salary - ₹1.8 Lakhs to ₹4.8 Lakhs per year
What is the estimated take home salary of a Business Development Executive at Iffco Tokio General Insurance Co. in India?
The estimated take-home salary of a Business Development Executive at Iffco Tokio General Insurance Co. ranges between ₹23,615 per month to ₹25,075 per month in India. The take-home salary calculation is based on the average Iffco Tokio General Insurance Co. Business Development Executive salary in India which ranges between ₹3.0 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?
What is the notice period for Business Development Executive at Iffco Tokio General Insurance Co.?
According to AmbitionBox, 100% of the Iffco Tokio General Insurance Co. Business Development Executives reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.
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Iffco Tokio General Insurance Co. Business Development Executive Salaries by Location
- Iffco Tokio General Insurance Co. Business Development Executive salaries in Kanpur
- Iffco Tokio General Insurance Co. Business Development Executive salaries in Nagpur
- Iffco Tokio General Insurance Co. Business Development Executive salaries in Chandrapur
- Iffco Tokio General Insurance Co. Business Development Executive salaries in Hyderabad / Secunderabad
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- Iffco Tokio General Insurance Co. Business Development Executive Salaries
Iffco Tokio General Insurance Co. Business Development Executive salary
in
India
ranges between ₹3
Lakhs to ₹3.5
Lakhs with an average annual salary of
₹. Salary estimates are based on
5
Iffco Tokio General Insurance Co. latest salaries received from various employees of
Iffco Tokio General Insurance Co..