Insurance Company Business Development Manager Salaries by 10+ Employees

0 - 7 years exp.

₹2.3 Lakhs - ₹4.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

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

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Last Updated: 11 Oct 2024

Companies similar to Insurance Company for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
SBI Life Insurance Company Business Development Manager Salary 0 - 14 years exp. (941 salaries)	₹1.9 L/yr - ₹7 L/yr 59% more
IndusInd Bank Business Development Manager Salary 0 - 8 years exp. (1.4k salaries)	₹1.8 L/yr - ₹5.5 L/yr 25% more	209 job openings
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HDFC Life Business Development Manager Salary 0 - 10 years exp. (1.4k salaries)	₹1.8 L/yr - ₹5 L/yr 21% more	12 job openings
IndiaFirst Life Insurance Business Development Manager Salary 0 - 10 years exp. (403 salaries)	₹1.5 L/yr - ₹6 L/yr 28% more	10 job openings
Standard Chartered Business Development Manager Salary 4 - 13 years exp. (495 salaries)	₹3.5 L/yr - ₹11.9 L/yr 171% 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.

Latest annual salaries shared by Insurance Company Business Development Manager

2mo ago

₹2.8 Lakhs

4 years exp.

6mo ago

₹3.2 Lakhs

6 years exp.

1y ago

₹4 Lakhs

2 years exp.

1y ago

₹2.8 Lakhs

3 years exp.

1y ago

₹3.3 Lakhs

5 years exp.

1y ago

7 years exp.

1y ago

4 years exp.

1y ago

2 years exp.

1y ago

4 years exp.

1y ago

3 years exp.

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

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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

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

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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.

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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?

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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.