Life Insurance Corporation of India Kolkata Business Development Manager Salaries by Employees (Updated 2025)

Companies similar to Life Insurance Corporation of India for Business Development Manager in Kolkata

Life Insurance Corporation of India Business Development Manager Salary

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Company name	Avg Annual Salary	Open Jobs
HDFC Life Business Development Manager Salary 0 - 10 years exp. (145 salaries)	₹1.5 L/yr - ₹4.8 L/yr 52% more	14 job openings
SBI Life Insurance Company Business Development Manager Salary 0 - 14 years exp. (70 salaries)	₹1.9 L/yr - ₹6.4 L/yr 101% more
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Max Life Insurance Business Development Manager Salary 5 - 8 years exp. (6 salaries)	₹3.5 L/yr - ₹6.7 L/yr 110% more	4 job openings
Bajaj Allianz Life Insurance Business Development Manager Salary 0 - 15 years exp. (24 salaries)	₹3 L/yr - ₹5.5 L/yr 79% more	2 job openings
Kotak Mahindara Life Insurance Business Development Manager Salary 4 - 12 years exp. (7 salaries)	₹3 L/yr - ₹7 L/yr 141% more	2 job openings
Tata AIA Life Insurance Business Development Manager Salary 1 - 10 years exp. (5 salaries)	₹2.5 L/yr - ₹6.1 L/yr 41% more
Reliance Nippon Life Insurance Business Development Manager Salary 5 - 12 years exp. (3 salaries)	₹3 L/yr - ₹5 L/yr 71% more
Bharti AXA Life Insurance Business Development Manager Salary 3 - 7 years exp. (3 salaries)	₹3.3 L/yr - ₹6.7 L/yr 91% more
Aditya Birla Sun Life Insurance Business Development Manager Salary 0 - 12 years exp. (5 salaries)	₹3.7 L/yr - ₹5 L/yr 74% more
HDFC Ergo General Insurance Business Development Manager Salary 2 - 9 years exp. (5 salaries)	₹4.2 L/yr - ₹5.4 L/yr 83% more
Cholamandalam MS General Insurance Business Development Manager Salary 9 - 12 years exp. (4 salaries)	₹10 L/yr - ₹12.8 L/yr 325% more
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Aditya Birla Health Insurance Co Business Development Manager Salary 1 - 8 years exp. (4 salaries)	₹4.5 L/yr - ₹5.5 L/yr 102% more
Shriram Life Insurance Business Development Manager Salary 5 - 11 years exp. (3 salaries)	₹2.4 L/yr - ₹3.3 L/yr 25% more
Bajaj Allianz General Insurance Business Development Manager Salary 9 - 11 years exp. (3 salaries)	₹3.6 L/yr - ₹5.4 L/yr 108% more	12 job openings

Similar Designation salaries in Life Insurance Corporation of India

Branch Manager Salary

(4 salaries)

₹13 L/yr - ₹26 L/yr

Top skills at Life Insurance Corporation of India for Business Development Manager

Target Achievement Revenue Generation Communication Skills Insurance Sales Network Expansion Business Generation New Client Acquisition Sales Management Convincing Power Lead Generation

Salary related reviews for Life Insurance Corporation of India

Senior Business Development Manager

5.0

• posted on 25 Jul 2018

3.0

for Salary and Benefits

Likes

Very Hard subject with Smart work (it’s not for all......!) It’s an open market but not for all who knows the pulse of market and customer portfolio they can sustain under this umbrella, other wise it’s an ocian for them they cont reach there’s destination part It’s an easy subject but but very toughf ! Who don’t know basic things

Skill development - Excellent

+5 more

Dislikes

Salary is the main part of every one career but in this domain very low salaries and long working hours

Advisor in Kulgam

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 19 Jul 2024

5.0

for Salary and Benefits

Likes

Good bonus Good incentives Respect given by whole team of LIC Good guidance and counselling and training sessions at LIC office

Salary - Excellent

+3 more

Dislikes

There is a heavy workload of getting policies and sales which is very tough to get popicies on dailg basis to achieve target.

Skill development - Poor

+2 more

Development Officer in Hyderabad / Secunderabad

Full Time

Sales & Business Development Department

5.0

• posted on 21 Sep 2023

3.0

for Salary and Benefits

Likes

Job Performing Flexibility.

Job security - Excellent

+3 more

Dislikes

...e Teams. 2. Other benefits, which are not upto the standards or satisfaction. 3. No Festival bonuses/ annual bonuses. 4. No Family bonus 5. No clarity about Pension

Promotions - Poor

Development Officer in Mumbai

Full Time

Sales & Business Development Department

1.0

• posted on 20 Feb 2023

3.0

for Salary and Benefits

Likes

Good company in terms of the pay and benefits, but at a heavy price.

Dislikes

All the rules and restrictions/punishment are imposed only on class 2 officers of the organisation. Targets are imposed only on development officers.

Skill development - Poor

+5 more

Insurance Adviser in Suryapet

Full Time

Construction & Site Engineering Department

5.0

• posted on 24 Apr 2022

5.0

for Salary and Benefits

Likes

...us, we need to complete basic target - can be achieved easily to retain licence. We as agents, upon reaching membership target's, we receive bonus, advances & other benefits.

Salary - Excellent

+6 more

Dislikes

In this competitive industry, we need to implement new combination policies like pvt companies, which gives multiple benefit options to choose for customer & we need to upgrade in digital marketing/Easy ways to receive customer feedback, requests, their suggestions etc. We need to cut off those lengthy process in different sections.

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