Insurance Company Business Development Manager Salaries by 10+ Employees

0 - 7 years exp.

₹2.3 Lakhs - ₹4.5 Lakhs

Salary of majority employees

60% less than the average Business Development Manager Salary in Real Estate Companies for 0 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Business Development Manager Salary 0 - 7 years exp. (12 salaries)	₹2.4 L/yr - ₹4.5 L/yr
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Human Resources Business Development Manager Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.3 L/yr

Last Updated: 11 Oct 2024

Companies similar to Insurance Company for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
NoBroker Business Development Manager Salary 2 - 8 years exp. (45 salaries)	₹4 L/yr - ₹11 L/yr 131% more
ASSA ABLOY Business Development Manager Salary 8 - 16 years exp. (18 salaries)	₹9.1 L/yr - ₹21 L/yr 421% more
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Real Estate Group Business Development Manager Salary 0 - 6 years exp. (17 salaries)	₹2.5 L/yr - ₹5 L/yr 15% more
JLL Business Development Manager Salary 4 - 12 years exp. (14 salaries)	₹6 L/yr - ₹17 L/yr 277% more
CBRE Business Development Manager Salary 5 - 11 years exp. (11 salaries)	₹8 L/yr - ₹12 L/yr 235% more
Knight Frank Business Development Manager Salary 4 - 10 years exp. (5 salaries)	₹6 L/yr - ₹10 L/yr 164% more
Earth Infrastructure Business Development Manager Salary 2 - 10 years exp. (5 salaries)	₹1.5 L/yr - ₹4.3 L/yr 10% more
Adani Transmission Business Development Manager Salary 10 - 14 years exp. (5 salaries)	₹19 L/yr - ₹27.5 L/yr 719% more
Lodha Group Business Development Manager Salary 0 - 8 years exp. (5 salaries)	₹7 L/yr - ₹17 L/yr 246% more	1 job opening
Colliers India Business Development Manager Salary 2 - 9 years exp. (5 salaries)	₹4 L/yr - ₹13 L/yr 200% more
Cushman & Wakefield Business Development Manager Salary 4 - 9 years exp. (4 salaries)	₹4 L/yr - ₹11 L/yr 164% more
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JP Infra Business Development Manager Salary 1 - 7 years exp. (3 salaries)	₹2.4 L/yr - ₹10 L/yr 145% more
DS-MAX Properties Business Development Manager Salary 5 - 25 years exp. (3 salaries)	₹6 L/yr - ₹13 L/yr 189% more

Business Development Manager salary at Insurance Company ranges between ₹2.3 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 19 latest salaries received from various employees of Insurance Company.

Experience wise Insurance Company Business Development Manager salaries

Last Updated: 11 Oct 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.4 L/yr - ₹5.6 L/yr
1 year (AmbitionBox Estimate)	₹2.3 L/yr - ₹5.6 L/yr
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2 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹4 L/yr
3 years (5 salaries)	₹2.3 L/yr - ₹4.3 L/yr
4 years (4 salaries)	₹2.8 L/yr - ₹4.3 L/yr
5 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹4 L/yr
6 years (3 salaries)	₹2.4 L/yr - ₹4.5 L/yr
7 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹4 L/yr

View all

Similar Designation salaries in Insurance Company

Senior Business Development Manager Salary

(4 salaries)

₹2 L/yr - ₹6 L/yr

Business Development Executive Salary

(3 salaries)

₹2.5 L/yr - ₹4.1 L/yr

Business Manager Salary

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₹2.2 L/yr - ₹3 L/yr

Zonal Sales Manager Salary

(3 salaries)

₹17.5 L/yr - ₹22 L/yr

Assistant Sales Manager Salary

(4 salaries)

₹2.2 L/yr - ₹6.9 L/yr

Senior Business Development Executive Salary

(5 salaries)

₹2.7 L/yr - ₹4.5 L/yr

Senior Sales Manager Salary

(6 salaries)

₹2.8 L/yr - ₹4 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹6.1 L/yr - ₹7.8 L/yr

Territory Sales Manager Salary

(3 salaries)

₹3 L/yr - ₹8.5 L/yr

Deputy Manager Salary

(6 salaries)

₹4 L/yr - ₹4.5 L/yr

Salary related reviews for Insurance Company

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Financial Planner in Lagos

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3.0

• posted on 06 Jun 2018

3.0

for Salary and Benefits

Likes

...under a well secured environment and safe work environment while doing our work. Concerning salary and appraisal Unic went extra mile in making sure that we have our salary worth and also do appraisal monthly for promotion chances. The job involves quite lot of traveling and we are being provided with transportation as the case may be. Conflicts challenges were being handled with utmost care and importance and resolutions were made and reconciliation and ensure the signing of codes of ethics by every worker. The work environment in Unic is peaceful and encourages great thinking outside box in problems tackling and every other thing and life in accordance with the job were well planned and our roles took proper care and attendance to our customers.

Skill development - Excellent

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I do not dislike anything in Unic insurance while working for them and am boastful of our relationship till date as okay, fine and pleasing.

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BFSI, Investments & Trading Department

1.0

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for Salary and Benefits

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Only fraudulent investigation officer take benefits with this, only customer faces issue at all the stages after taking policy of companies

Salary - Excellent

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Only fraudulent investigation officer take benefits with this, only customer faces issue at all the stages after taking policy of companies

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Time Keeper (working remotely)

Full Time

Human Resources Department

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• posted on 21 Jul 2023

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Insurance company offers several benefits. Learning all the benefits of working for an insurance company can help you decide if working in the insurance field is the right choice.

Salary - Excellent

+6 more

Dislikes

Iam not convinced with this organization is the best place to continue developing ky career.

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Insurance Company Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Insurance Company ?

The average salary of a Business Development Manager at Insurance Company in India typically ranges from ₹2.3 Lakhs to ₹4.5 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Business Development Manager at Insurance Company earn more than ₹4.3 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Business Development Manager Salaries at Insurance Company 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+ Insurance Company employees in India.

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

The estimated take-home salary of a Business Development Manager at Insurance Company in India typically ranges from ₹21,912 to ₹23,397 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from Fresher to 7 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 Insurance Company. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Insurance Company for Business Development Manager in India?

Adani Transmission	₹19.0 Lakhs to ₹27.5 Lakhs per year
ASSA ABLOY	₹9.1 Lakhs to ₹21.0 Lakhs per year
JLL	₹6.0 Lakhs to ₹17.0 Lakhs per year
Lodha Group	₹7.0 Lakhs to ₹17.0 Lakhs per year
CBRE	₹8.0 Lakhs to ₹12.0 Lakhs per year

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

What is the salary of a Business Development Manager in companies similar to Insurance Company in India?

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

Colliers India	₹4.0 Lakhs to ₹13.0 Lakhs per year
DS-MAX Properties	₹6.0 Lakhs to ₹13.0 Lakhs per year
Cushman & Wakefield	₹4.0 Lakhs to ₹11.0 Lakhs per year
Knight Frank	₹6.0 Lakhs to ₹10.0 Lakhs per year
JP Infra	₹2.4 Lakhs to ₹10.0 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 Business Development Manager at Insurance Company in India?

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

Experience	Average Salary Range
Fresher	₹2.4 Lakhs to ₹5.6 Lakhs per year
1 year	₹2.3 Lakhs to ₹5.6 Lakhs per year
2 years	₹2.8 Lakhs to ₹4.0 Lakhs per year
3 years	₹2.3 Lakhs to ₹4.3 Lakhs per year

and so on.

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Insurance Company Business Development Manager Salaries

Insurance Company Business Development Manager salary in India ranges between ₹2.3 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 19 Insurance Company latest salaries received from various employees of Insurance Company.

Insurance Company Business Development Manager salaries in India

Companies similar to Insurance Company for Business Development Manager

Latest annual salaries shared by Insurance Company Business Development Manager

Experience wise Insurance Company Business Development Manager salaries

Similar Designation salaries in Insurance Company

Salary related reviews for Insurance Company

Field Executive in Noida Sector 16

Bancassurance

Financial Planner in Lagos

Customer Care Executive in Only Fraudulent Investigation Officer Take Benefits With This, Only Customer Faces Issue At All The

Time Keeper (working remotely)

Insurance Company Business Development Manager Salary FAQs

Tell us how to improve this page.

Insurance Company Business Development Manager Salaries by Location