Monthly In-hand Salary
17% less than the average Business Development Executive Salary in Insurance Companies for 1 - 3 years of experience
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Salaries in different departments
Engineering - Hardware & Networks
Business Development Executive Salary
2 - 3
years
exp.
(AmbitionBox Estimate)
|  ₹2 L/yr - ₹2.1 L/yr |
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| |
Production, Manufacturing & Engineering
Business Development Executive Salary
1 - 2
years
exp.
(AmbitionBox Estimate)
| ₹4.8 L/yr - ₹6 L/yr |
Companies similar to Life Insurance Corporation of India for Business Development Executive
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 SBI Life Insurance Company Business Development Executive Salary
0 - 7 years exp. (170 salaries) | ₹2 L/yr - ₹4.5 L/yr 
1%
more | |
 ICICI Lombard General Insurance Company Business Development Executive Salary
0 - 8 years exp. (128 salaries) | ₹2.5 L/yr - ₹6.9 L/yr
61%
more | |
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| ||
 Shriram Life Insurance Business Development Executive Salary
0 - 5 years exp. (30 salaries) | ₹1.4 L/yr - ₹4 L/yr 
25%
less | |
 HDFC Life Business Development Executive Salary
1 - 5 years exp. (20 salaries) | ₹1.2 L/yr - ₹4.4 L/yr
12%
less | 2 job openings |
 ICICI Prudential Life Insurance Business Development Executive Salary
0 - 5 years exp. (16 salaries) | ₹2.4 L/yr - ₹6 L/yr
28%
more | |
 Bajaj Allianz Life Insurance Business Development Executive Salary
1 - 8 years exp. (13 salaries) | ₹2.4 L/yr - ₹4.1 L/yr
11%
more | |
 Kotak Mahindara Life Insurance Business Development Executive Salary
1 - 5 years exp. (9 salaries) | ₹1.2 L/yr - ₹4.7 L/yr
2%
more | |
 Star Health & Allied Insurance Business Development Executive Salary
0 - 4 years exp. (9 salaries) | ₹1.8 L/yr - ₹4.5 L/yr
11%
less | |
 HDFC Ergo General Insurance Business Development Executive Salary
1 - 6 years exp. (8 salaries) | ₹1.8 L/yr - ₹4.8 L/yr
3%
less | |
 Axis Max Life Insurance Business Development Executive Salary
0 - 7 years exp. (7 salaries) | ₹2.7 L/yr - ₹5 L/yr
1%
more | |
 Bajaj Allianz General Insurance Business Development Executive Salary
1 - 7 years exp. (6 salaries) | ₹1.8 L/yr - ₹3 L/yr
28%
less | |
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| ||
 Aditya Birla Sun Life Insurance Business Development Executive Salary
0 - 6 years exp. (4 salaries) | ₹2 L/yr - ₹3.1 L/yr
4%
less | |
 The New India Assurance Co. Business Development Executive Salary
31 - 34 years exp. (4 salaries) | ₹8.1 L/yr - ₹12.5 L/yr
172%
more | |
 Cholamandalam MS General Insurance Business Development Executive Salary
0 - 3 years exp. (3 salaries) | ₹2 L/yr - ₹3.5 L/yr
1%
more | |
 The Oriental Insurance Co. Business Development Executive Salary
2 - 9 years exp. (3 salaries) | ₹1.2 L/yr - ₹13.8 L/yr
85%
more | |
 National Insurance Company Business Development Executive Salary
2 - 6 years exp. (3 salaries) | ₹4.5 L/yr - ₹4.8 L/yr
45%
more | |
Experience wise Life Insurance Corporation of India Business Development Executive salaries
Last Updated: 8 Jan 2025
| Experience | Avg Annual Salary |
|---|---|
| 1 year (AmbitionBox Estimate) |
₹1.3
L/yr
- ₹6
L/yr
|
| 2 years (AmbitionBox Estimate) |
₹2
L/yr
- ₹6
L/yr
|
Login to view exact salary
| |
| 3 years (AmbitionBox Estimate) |
₹2
L/yr
- ₹5.8
L/yr
|
Similar Designation salaries in Life Insurance Corporation of India
Top skills at Life Insurance Corporation of India for Business Development Executive
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Top trending discussions
Life Insurance Corporation of India Business Development Executive Salary FAQs
The top 10% of Business Development Executive at Life Insurance Corporation of India earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Business Development Executive Salaries at Life Insurance Corporation of India 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 Life Insurance Corporation of India employees in India.
- - Business Development
- - Brand Management
- - Client Relationship Management
- - Marketing Communication
These skills are highly valued at Life Insurance Corporation of India and are crucial for successful performance in a Software Engineering role.
| The New India Assurance Co. | ₹8.1 Lakhs to ₹12.5 Lakhs per year |
| The Oriental Insurance Co. | ₹1.2 Lakhs to ₹13.8 Lakhs per year |
| ICICI Lombard General Insurance Company | ₹2.5 Lakhs to ₹6.9 Lakhs per year |
| National Insurance Company | ₹4.5 Lakhs to ₹4.8 Lakhs per year |
| ICICI Prudential Life Insurance | ₹2.4 Lakhs to ₹6.0 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by Life Insurance Corporation of India, depending on the role and experience level.
| Bajaj Allianz Life Insurance | ₹2.4 Lakhs to ₹4.1 Lakhs per year |
| Kotak Mahindara Life Insurance | ₹1.2 Lakhs to ₹4.7 Lakhs per year |
| Cholamandalam MS General Insurance | ₹2.0 Lakhs to ₹3.5 Lakhs per year |
| Axis Max Life Insurance | ₹2.7 Lakhs to ₹5.0 Lakhs per year |
| SBI Life Insurance Company | ₹2.0 Lakhs to ₹4.5 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.
| Experience | Average Salary Range |
|---|---|
| 1 year | ₹1.3 Lakhs to ₹6.0 Lakhs per year |
| 2 years | ₹2.0 Lakhs to ₹6.0 Lakhs per year |
| 3 years | ₹2.0 Lakhs to ₹5.8 Lakhs per year |
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- Life Insurance Corporation of India Business Development Executive Salaries
Life Insurance Corporation of India Business Development Executive salary
in
India
ranges between ₹2
Lakhs to ₹6
Lakhs with an average annual salary of
₹
. Salary estimates are based on
4
Life Insurance Corporation of India latest salaries received from various employees of
Life Insurance Corporation of India.