IndiaFirst Life Insurance Business Manager Salaries by 20+ Employees (Updated 2025)

3 - 13 years exp.

₹2.9 Lakhs - ₹6.3 Lakhs

Salary of majority employees

58% less than the average Business Manager Salary in Insurance Companies for 3 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Business Manager Salary 3 - 10 years exp. (11 salaries)	₹2.9 L/yr - ₹5.5 L/yr
Sales & Business Development Business Manager Salary 6 - 13 years exp. (10 salaries)	₹3.2 L/yr - ₹6.3 L/yr
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Customer Success, Service & Operations Business Manager Salary 6 years exp. (AmbitionBox Estimate)	₹4.2 L/yr - ₹4.9 L/yr

Last Updated: 19 Jan 2025

Companies similar to IndiaFirst Life Insurance for Business Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Business Manager Salary 0 - 6 years exp. (8 salaries)	₹3.1 L/yr - ₹4 L/yr 18% less
HDFC Life Business Manager Salary 3 - 13 years exp. (10 salaries)	₹2.4 L/yr - ₹8.1 L/yr 2% less
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SBI Life Insurance Company Business Manager Salary 5 - 16 years exp. (29 salaries)	₹4.4 L/yr - ₹8.5 L/yr 44% more
Max Life Insurance Business Manager Salary 4 - 10 years exp. (4 salaries)	₹3.1 L/yr - ₹6.4 L/yr 5% less
Bajaj Allianz Life Insurance Business Manager Salary 7 - 13 years exp. (6 salaries)	₹4.5 L/yr - ₹6 L/yr 2% less
Kotak Mahindara Life Insurance Business Manager Salary 0 - 10 years exp. (4 salaries)	₹3.4 L/yr - ₹6.2 L/yr 7% more
Tata AIA Life Insurance Business Manager Salary 4 - 17 years exp. (18 salaries)	₹6.5 L/yr - ₹10.6 L/yr 88% more
PNB MetLife Business Manager Salary 3 - 14 years exp. (7 salaries)	₹3.5 L/yr - ₹7.5 L/yr 24% more
Aditya Birla Sun Life Insurance Business Manager Salary 11 - 18 years exp. (5 salaries)	₹7.9 L/yr - ₹8.3 L/yr 71% more
Bharti AXA Life Insurance Business Manager Salary 1 - 12 years exp. (204 salaries)	₹2.2 L/yr - ₹4 L/yr 35% less	1 job opening
Edelweiss Life Insurance Business Manager Salary 0 - 16 years exp. (34 salaries)	₹3 L/yr - ₹8.5 L/yr 13% more
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Cholamandalam MS General Insurance Business Manager Salary 3 - 14 years exp. (15 salaries)	₹4 L/yr - ₹6.5 L/yr 21% more
Future Generali India Life Insurance Business Manager Salary 1 - 16 years exp. (7 salaries)	₹3.8 L/yr - ₹6.5 L/yr 15% more
ManipalCigna Health Insurance Business Manager Salary 4 - 7 years exp. (5 salaries)	₹3 L/yr - ₹3.9 L/yr 29% less
Shriram General Insurance Business Manager Salary 6 - 18 years exp. (4 salaries)	₹3.5 L/yr - ₹9.4 L/yr 8% more

Business Manager salary at IndiaFirst Life Insurance ranges between ₹2.9 Lakhs to ₹6.3 Lakhs per year for employees with experience between 3 years to 13 years. Salary estimates are based on 24 latest salaries received from various employees of IndiaFirst Life Insurance.

Experience wise IndiaFirst Life Insurance Business Manager salaries

Last Updated: 19 Jan 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹7.5 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹7.7 L/yr
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5 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹7.9 L/yr
6 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹8 L/yr
7 years (6 salaries)	₹3.2 L/yr - ₹5.5 L/yr
8 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹5.5 L/yr
9 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹5 L/yr
10 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5.5 L/yr
11 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.8 L/yr
12 years (AmbitionBox Estimate)	₹2 L/yr - ₹6.3 L/yr
13 years (3 salaries)	₹2.1 L/yr - ₹6.3 L/yr

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Similar Designation salaries in IndiaFirst Life Insurance

Area Business Manager Salary

(14 salaries)

₹5.75 L/yr - ₹18 L/yr

Branch Manager Salary

(6 salaries)

₹4.2 L/yr - ₹7.5 L/yr

Sales Manager Salary

(21 salaries)

₹2.4 L/yr - ₹6.05 L/yr

Regional Manager Salary

(3 salaries)

₹9.9 L/yr - ₹28 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹11.3 L/yr - ₹14.4 L/yr

Area Manager Salary

(8 salaries)

₹9 L/yr - ₹16 L/yr

Deputy Manager Salary

(109 salaries)

₹3.1 L/yr - ₹10.7 L/yr

Territory Manager Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Area Sales Manager Salary

(3 salaries)

₹6 L/yr - ₹9.49 L/yr

Marketing Manager Salary

(4 salaries)

₹3 L/yr - ₹14 L/yr

Salary related reviews for IndiaFirst Life Insurance

4.4

Rated by 18 employees for salary & benefits

Sales Manager in Chennai

BFSI, Investments & Trading Department

1.0

• posted on 29 Jun 2022

1.0

for Salary and Benefits

Likes

Company is good ,but hr is not helpful and Abh Mr.jegan jeevanadham is working on South tamilnadu hr is very cheap behaviour ,he suck your salary and buy medqls and gift for the branch manager ,he not even listen your words at any situation pls don't join , company is good but ABH are very bad

Dislikes

I like this company very much but Mr.Jegan jeevanadham is very bad while speaking and not given leave for any situation it including death also very worst I ever seen in my career

Salary - Bad

+6 more

Business Development Manager in Hajipur

Life Insurance Department

4.0

• posted on 14 Nov 2021

3.0

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.

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but doesn't address our issues. There is a bound of 1 years before which you cannot resign. On the job training is not given to new joiners.

Business Development Manager in Ahmedabad

BFSI, Investments & Trading Department

5.0

• posted on 17 Jan 2022

2.0

for Salary and Benefits

Likes

Great company but on salary front they will try every other dirty trick so that they don't have to give you incentive. On business month they will add too many conditions so that they can save and don't have to give our hard earn incentive.

Skill development - Excellent

+4 more

Dislikes

Poor Incentive structure. Too many conditions for rewards. Doesn't feel like family. No team outings.

Salary - Poor

Business Development Manager in Bangalore / Bengaluru

Other Department

5.0

• posted on 23 Feb 2021

5.0

for Salary and Benefits

Likes

In covid time we are getting salary ,,, after 4th month voluntarily Rbh and HR push for Resigned ... here no job security no humanity's bcz higher position people want to safer side ...

Salary - Excellent

+1 more

Dislikes

Because RBH and HR only good here ,,, basically HR work here for RBH and ZBH ...

Job security - Bad

+3 more

Senior Business Development Management Executive in Kanpur

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 23 Jun 2023

4.0

for Salary and Benefits

Likes

Such a lier leaders please request do not joing this campany salary high par mat jana kam chahe mam package meh kahi or join karlena. Lucknow meh inka office hai please if you want stay happy zara bhi please not join

Salary - Good

Dislikes

Working seven days hr still not say yo how mucj waste leader in this company pressure like lala ki dukkan 10am to 11 pm

Skill development - Bad

+5 more

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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IndiaFirst Life Insurance Business Manager Salary FAQs

What is the salary of Business Manager at IndiaFirst Life Insurance?

Business Manager salary at IndiaFirst Life Insurance in India ranges between ₹2.9 Lakhs to ₹6.3 Lakhs for experience between 3 years to 13 years. According to our estimates it is 58% less than the average Business Manager Salary in India. Salary estimates are based on 24 latest salaries received from various employees of IndiaFirst Life Insurance India.

How does the salary of a Business Manager at IndiaFirst Life Insurance India compare with the average salary range for this job?

The average salary of a Business Manager at IndiaFirst Life Insurance is 58% less than the average salary of a Business Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than IndiaFirst Life Insurance to a Business Manager in India?

Tata AIA Life Insurance Business Manager Salary - ₹6.5 Lakhs to ₹10.6 Lakhs per year
Aditya Birla Sun Life Insurance Business Manager Salary - ₹7.9 Lakhs to ₹8.3 Lakhs per year
SBI Life Insurance Company Business Manager Salary - ₹4.4 Lakhs to ₹8.5 Lakhs per year
PNB MetLife Business Manager Salary - ₹3.5 Lakhs to ₹7.5 Lakhs per year
Cholamandalam MS General Insurance Business Manager Salary - ₹4.0 Lakhs to ₹6.5 Lakhs per year

What is the salary of a Business Manager in companies similar to IndiaFirst Life Insurance in India?

Future Generali India Life Insurance Business Manager Salary - ₹3.8 Lakhs to ₹6.5 Lakhs per year
Edelweiss Life Insurance Business Manager Salary - ₹3.0 Lakhs to ₹8.5 Lakhs per year
Shriram General Insurance Business Manager Salary - ₹3.5 Lakhs to ₹9.4 Lakhs per year
Kotak Mahindara Life Insurance Business Manager Salary - ₹3.4 Lakhs to ₹6.2 Lakhs per year
Bajaj Allianz Life Insurance Business Manager Salary - ₹4.5 Lakhs to ₹6.0 Lakhs per year

What is the estimated take home salary of a Business Manager at IndiaFirst Life Insurance in India?

The estimated take-home salary of a Business Manager at IndiaFirst Life Insurance ranges between ₹34,476 per month to ₹35,724 per month in India. The take-home salary calculation is based on the average IndiaFirst Life Insurance Business Manager salary in India which ranges between ₹2.9 Lakhs to ₹6.3 Lakhs per year for employees with experience between 3 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Business Manager at IndiaFirst Life Insurance?

According to AmbitionBox, 67% of the IndiaFirst Life Insurance Business Managers reported a notice period of 1 Month, 22% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 9 responses on AmbitionBox in last 2 years.

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IndiaFirst Life Insurance Business Manager Salaries

IndiaFirst Life Insurance Business Manager salary in India ranges between ₹2.9 Lakhs to ₹6.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 24 IndiaFirst Life Insurance latest salaries received from various employees of IndiaFirst Life Insurance.