Insurance Company Business Development Manager Salaries by 10+ Employees (Updated 2025)

0 - 7 years exp.

₹2.3 Lakhs - ₹4.5 Lakhs

Salary of majority employees

59% 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. (46 salaries)	₹4 L/yr - ₹11 L/yr 125% more
ASSA ABLOY Business Development Manager Salary 8 - 16 years exp. (18 salaries)	₹9.1 L/yr - ₹21 L/yr 423% more	1 job opening
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JLL Business Development Manager Salary 4 - 12 years exp. (14 salaries)	₹6 L/yr - ₹17 L/yr 272% more
Real Estate Group Business Development Manager Salary 0 - 5 years exp. (15 salaries)	₹2.5 L/yr - ₹5 L/yr 17% 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

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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

(3 salaries)

₹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

(5 salaries)

₹3.75 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

Field Executive in Noida Sector 16

Other Department

4.0

• posted on 29 Jun 2022

4.0

for Salary and Benefits

Likes

...agement 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 - Good

+6 more

Bancassurance

Sales Department

5.0

• posted on 28 Jun 2019

5.0

for Salary and Benefits

Likes

Excellent organization one of the great insurance company in Pakistan. It's multinational company.this company provide me a great working environment. Very highly qualified staff.

Salary - Excellent

+6 more

Dislikes

Compensation is decent but growth is low.the work pressure is very high.

Financial Planner in Lagos

Finance Department

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

+2 more

Dislikes

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.

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

Contractual

BFSI, Investments & Trading Department

1.0

• posted on 17 Sep 2023

5.0

for Salary and Benefits

Likes

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

Salary - Excellent

+4 more

Dislikes

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

Skill development - Bad

+1 more

Time Keeper (working remotely)

Full Time

Human Resources Department

5.0

• posted on 21 Jul 2023

5.0

for Salary and Benefits

Likes

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.

see more salary related reviews

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Insurance Company Business Development Manager Salary FAQs

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

Business Development Manager salary at Insurance Company in India ranges between ₹2.3 Lakhs to ₹4.5 Lakhs for less than 1 year of experience to 7 years. According to our estimates it is 59% less than the average Business Development Manager Salary in India. Salary estimates are based on 19 latest salaries received from various employees of Insurance Company India.

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

The average salary of a Business Development Manager at Insurance Company is 59% less than the average salary of a Business Development Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Insurance Company to a Business Development Manager in India?

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

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

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

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 ranges between ₹21,912 per month to ₹23,397 per month in India. The take-home salary calculation is based on the average Insurance Company Business Development Manager salary in India which ranges between ₹2.3 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 7 years. Check how did we calculate take home salary?

What is the notice period for Business Development Manager at Insurance Company?

According to AmbitionBox, 38% of the Insurance Company Business Development Managers reported a notice period of 15 days or less, 37% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 8 responses on AmbitionBox in last 2 years.

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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