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Insurance Regulatory and Development Authority

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4.1

based on 11 Reviews

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Insurance Regulatory and Development Authority Agency Development Manager salaries in India

Annual salary range
5 - 9 years exp.
₹1.2 Lakh - ₹2.1 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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63% less than the average Agency Development Manager Salary in Financial Services Companies for 5 - 9 years of experience

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Last Updated: 13 Mar 2023

Companies similar to Insurance Regulatory and Development Authority for Agency Development Manager

Company name Avg Annual Salary Open Jobs
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Axis Max Life Insurance Agency Development Manager Salary

0 - 13 years exp. (758 salaries)
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₹2 L/yr - ₹6.5 L/yr

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HDFC Life Agency Development Manager Salary

1 - 15 years exp. (275 salaries)
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₹2.3 L/yr - ₹6.5 L/yr

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Star Health & Allied Insurance Agency Development Manager Salary

1 - 10 years exp. (162 salaries)
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₹2.1 L/yr - ₹5 L/yr

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Reliance Nippon Life Insurance Agency Development Manager Salary

0 - 8 years exp. (143 salaries)
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₹1 L/yr - ₹5 L/yr

arrow icon 70% more
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Iffco Tokio General Insurance Co. Agency Development Manager Salary

0 - 10 years exp. (131 salaries)
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₹2 L/yr - ₹9.5 L/yr

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Agency Development Manager salary at Insurance Regulatory and Development Authority ranges between ₹1.2 Lakh to ₹2.1 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Insurance Regulatory and Development Authority.

Latest annual salaries shared by Insurance Regulatory and Development Authority Agency Development Manager

1y ago
₹1.2 Lakh
5 years exp.
1y ago
₹2.1 Lakhs
9 years exp.

Experience wise Insurance Regulatory and Development Authority Agency Development Manager salaries

Last Updated: 13 Mar 2023

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹1 L/yr - ₹1.3 L/yr
7 years (AmbitionBox Estimate)

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₹1 L/yr - ₹1.3 L/yr
8 years (AmbitionBox Estimate)

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₹1.9 L/yr - ₹2.4 L/yr
9 years (AmbitionBox Estimate)

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₹1.9 L/yr - ₹2.4 L/yr

Similar Designation salaries in Insurance Regulatory and Development Authority

Business Development Manager Salary
(AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr
Area Sales Manager Salary
(AmbitionBox Estimate)
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₹3.1 L/yr - ₹3.9 L/yr
Relationship Manager Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr
Sales Officer Salary
(AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr

Salary related reviews for Insurance Regulatory and Development Authority

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Overall in simple words innovative & work oriented

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Compensation is decent,but growth is slow.The work pleasure is very high.Also,there is no on- job training for freshers,hence senior folkslike me have to guide them step by step,which is good for me.

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Top trending discussions

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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 Regulatory and Development Authority Agency Development Manager Salary FAQs

What is the salary of Agency Development Manager at Insurance Regulatory and Development Authority ?
The average salary of a Agency Development Manager at Insurance Regulatory and Development Authority in India typically ranges from ₹1.2 Lakhs to ₹2.1 Lakhs per year, depending on experience (from 5 years to 9 years).

The top 10% of Agency Development Manager at Insurance Regulatory and Development Authority earn more than ₹2.1 Lakhs per year, and the top 1% earn over ₹2.1 Lakhs per year. Agency Development Manager Salaries at Insurance Regulatory and Development Authority 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 4 Insurance Regulatory and Development Authority employees in India.
What is the estimated take home salary of a Agency Development Manager at Insurance Regulatory and Development Authority in India?
The estimated take-home salary of a Agency Development Manager at Insurance Regulatory and Development Authority in India typically ranges from ₹11,034 to ₹12,258 per month. This is based on the average salary range of ₹1.2 Lakhs to ₹2.1 Lakhs per year for employees with experience ranging from 5 years to 9 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 4 salaries received from various employees of Insurance Regulatory and Development Authority. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Insurance Regulatory and Development Authority for Agency Development Manager in India?
Iffco Tokio General Insurance Co. ₹2.0 Lakhs to ₹9.5 Lakhs per year
Axis Max Life Insurance ₹2.0 Lakhs to ₹6.5 Lakhs per year
HDFC Life ₹2.3 Lakhs to ₹6.5 Lakhs per year
Star Health & Allied Insurance ₹2.1 Lakhs to ₹5.0 Lakhs per year
Reliance Nippon Life Insurance ₹1.0 Lakhs to ₹5.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Insurance Regulatory and Development Authority, depending on the role and experience level.
How the salary growth look like for a Agency Development Manager at Insurance Regulatory and Development Authority in India?
The salary growth for a Agency Development Manager at Insurance Regulatory and Development Authority depends on factors such as experience, performance, and promotions. On average, a Agency Development Manager can expect the following growth trajectory at Insurance Regulatory and Development Authority:

Experience Average Salary Range
5 years ₹1.0 Lakhs to ₹1.3 Lakhs per year
7 years ₹1.0 Lakhs to ₹1.3 Lakhs per year
8 years ₹1.9 Lakhs to ₹2.4 Lakhs per year
9 years ₹1.9 Lakhs to ₹2.4 Lakhs per year
and so on.

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Insurance Regulatory and Development Authority Agency Development Manager salary in India ranges between ₹1.2 Lakh to ₹2.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Insurance Regulatory and Development Authority latest salaries received from various employees of Insurance Regulatory and Development Authority.