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Annual salary range
0 - 7 years exp.
₹2
Lakhs - ₹3.4
Lakhs
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary29% less than the average Business Development Executive Salary in Insurance Companies for 0 - 7 years of experience
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Salaries in different departments
Sales & Business Development
Business Development Executive Salary
0 - 6
years
exp.
(17
salaries)
|  ₹2 L/yr - ₹3.4 L/yr |
BFSI, Investments & Trading
Business Development Executive Salary
1 - 7
years
exp.
(10
salaries)
| ₹2 L/yr - ₹3.2 L/yr |
Login to view exact salary
| |
Marketing & Communication
Business Development Executive Salary
0 - 4
years
exp.
(3
salaries)
| ₹2.2 L/yr - ₹2.9 L/yr |
Customer Success, Service & Operations
Business Development Executive Salary
1 - 5
years
exp.
(AmbitionBox Estimate)
| ₹2 L/yr - ₹2.9 L/yr |
Data Science & Analytics
Business Development Executive Salary
3 - 5
years
exp.
(AmbitionBox Estimate)
| ₹2.2 L/yr - ₹2.9 L/yr |
View all
Companies similar to Mahindra Insurance Brokers for Business Development Executive
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 ICICI Lombard General Insurance Company Business Development Executive Salary
0 - 8 years exp. (123 salaries) | ₹2 L/yr - ₹6.9 L/yr 
79%
more | |
 Bajaj Allianz General Insurance Business Development Executive Salary
1 - 7 years exp. (6 salaries) | ₹1.8 L/yr - ₹3 L/yr 
15%
less | |
Login to view exact salary
| ||
 HDFC Ergo General Insurance Business Development Executive Salary
1 - 6 years exp. (8 salaries) | ₹1.8 L/yr - ₹4.8 L/yr
14%
more | |
 Reliance General Insurance Business Development Executive Salary
3 - 5 years exp. (3 salaries) | ₹2.8 L/yr - ₹5.5 L/yr
56%
more | |
 The New India Assurance Co. Business Development Executive Salary
1 - 34 years exp. (7 salaries) | ₹2.9 L/yr - ₹12.5 L/yr
184%
more | |
 National Insurance Company Business Development Executive Salary
2 - 5 years exp. (3 salaries) | ₹4.5 L/yr - ₹4.8 L/yr
71%
more | |
 Star Health & Allied Insurance Business Development Executive Salary
0 - 4 years exp. (9 salaries) | ₹1.8 L/yr - ₹4.5 L/yr
9%
more | |
 Niva Bupa Health Insurance Company Business Development Executive Salary
1 - 3 years exp. (4 salaries) | ₹2.5 L/yr - ₹2.9 L/yr
1%
less | |
 Bharti AXA Life Insurance Business Development Executive Salary
0 - 8 years exp. (70 salaries) | ₹3 L/yr - ₹6.2 L/yr
59%
more | |
 IndiaFirst Life Insurance Business Development Executive Salary
0 - 4 years exp. (5 salaries) | ₹2.4 L/yr - ₹4.2 L/yr
19%
more | |
 Future Generali India Life Insurance Business Development Executive Salary
0 - 5 years exp. (7 salaries) | ₹2.4 L/yr - ₹3.5 L/yr
15%
more | |
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| ||
 MetLife Business Development Executive Salary
4 - 9 years exp. (4 salaries) | ₹2 L/yr - ₹6.2 L/yr
48%
more | |
 Paramount Health Services Tpa Business Development Executive Salary
0 - 4 years exp. (4 salaries) | ₹3.5 L/yr - ₹5.6 L/yr
59%
more | |
 Edelweiss Life Insurance Business Development Executive Salary
0 - 5 years exp. (4 salaries) | ₹2.2 L/yr - ₹3.3 L/yr
5%
less | |
 Shriram General Insurance Business Development Executive Salary
1 - 5 years exp. (4 salaries) | ₹2.8 L/yr - ₹4 L/yr
26%
more | |
Business Development Executive salary at Mahindra Insurance Brokers ranges between ₹2
Lakhs
to ₹3.4
Lakhs
per year for employees with less than 1 year of experience to 7 years. Salary
estimates are based on
45 latest salaries received
from various employees of Mahindra Insurance Brokers.
Latest annual salaries shared by Mahindra Insurance Brokers Business Development Executive
3d ago
4
years
exp.
10mo ago
6
years
exp.
11mo ago
3
years
exp.
1y ago
3
months
exp.
1y ago
5
years
exp.
1y ago
5
years
exp.
1y ago
6
years
exp.
1y ago
5
years
exp.
1y ago
6
years
exp.
1y ago
5
years
exp.
Experience wise Mahindra Insurance Brokers Business Development Executive salaries
Last Updated: 17 Jan 2025
| Experience | Avg Annual Salary |
|---|---|
| Fresher (3 salaries) |
₹2
L/yr
- ₹4.6
L/yr
|
| 1 year (3 salaries) |
₹2
L/yr
- ₹2.8
L/yr
|
Login to view exact salary
| |
| 2 years (7 salaries) |
₹2
L/yr
- ₹3
L/yr
|
| 3 years (11 salaries) |
₹2.2
L/yr
- ₹3.4
L/yr
|
| 4 years (9 salaries) |
₹2.2
L/yr
- ₹3.4
L/yr
|
View all
Similar Designation salaries in Mahindra Insurance Brokers
Top skills at Mahindra Insurance Brokers for Business Development Executive
Sales
Direct Sales
Life Insurance
Business Development
Field Sales
Relationship Management
General Insurance
Salary related reviews for Mahindra Insurance Brokers
Discover interview dos and don'ts from real experiences
Top trending discussions
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Salary Discussions, Hike & Promotions
1w (edited)
a senior quality lead
Offer letter - Accepted
Hi,
I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40)
I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?
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Mahindra Insurance Brokers Business Development Executive Salary FAQs
What is the salary of Business Development Executive at Mahindra Insurance Brokers?
Business Development Executive salary at Mahindra Insurance Brokers in India ranges between ₹2.0 Lakhs to ₹3.4 Lakhs for less than 1 year of experience to 7 years. According to our estimates it is 29% less than the average Business Development Executive Salary in India. Salary estimates are based on 45 latest salaries received from various employees of Mahindra Insurance Brokers India.
How does the salary of a Business Development Executive at Mahindra Insurance Brokers India compare with the average salary range for this job?
The average salary of a Business Development Executive at Mahindra Insurance Brokers is 29% less than the average salary of a Business Development Executive in India. To know exact salary insights, login to view.
What are the top skills required to work as a Business Development Executive at Mahindra Insurance Brokers?
Sales, Direct Sales, Life Insurance, Business Development and Field Sales are some of the popular skills required to work as a Business Development Executive at Mahindra Insurance Brokers India.
Which similar companies are paying more than Mahindra Insurance Brokers to a Business Development Executive in India?
- The New India Assurance Co. Business Development Executive Salary - ₹2.9 Lakhs to ₹12.5 Lakhs per year
- ICICI Lombard General Insurance Company Business Development Executive Salary - ₹2.0 Lakhs to ₹6.9 Lakhs per year
- National Insurance Company Business Development Executive Salary - ₹4.5 Lakhs to ₹4.8 Lakhs per year
- Paramount Health Services Tpa Business Development Executive Salary - ₹3.5 Lakhs to ₹5.6 Lakhs per year
- Bharti AXA Life Insurance Business Development Executive Salary - ₹3.0 Lakhs to ₹6.2 Lakhs per year
What is the salary of a Business Development Executive in companies similar to Mahindra Insurance Brokers in India?
- Reliance General Insurance Business Development Executive Salary - ₹2.8 Lakhs to ₹5.5 Lakhs per year
- MetLife Business Development Executive Salary - ₹2.0 Lakhs to ₹6.2 Lakhs per year
- Shriram General Insurance Business Development Executive Salary - ₹2.8 Lakhs to ₹4.0 Lakhs per year
- IndiaFirst Life Insurance Business Development Executive Salary - ₹2.4 Lakhs to ₹4.2 Lakhs per year
- Future Generali India Life Insurance Business Development Executive Salary - ₹2.4 Lakhs to ₹3.5 Lakhs per year
What is the estimated take home salary of a Business Development Executive at Mahindra Insurance Brokers in India?
The estimated take-home salary of a Business Development Executive at Mahindra Insurance Brokers ranges between ₹19,479 per month to ₹21,150 per month in India. The take-home salary calculation is based on the average Mahindra Insurance Brokers Business Development Executive salary in India which ranges between ₹2.0 Lakhs to ₹3.4 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 Executive at Mahindra Insurance Brokers?
According to AmbitionBox, 50% of the Mahindra Insurance Brokers Business Development Executives reported a notice period of 1 Month, 46% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 24 responses on AmbitionBox in last 2 years.
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Mahindra Insurance Brokers Business Development Executive Salaries by Location
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Mahindra Insurance Brokers Business Development Executive salary
in
India
ranges between ₹2
Lakhs to ₹3.4
Lakhs with an average annual salary of
₹. Salary estimates are based on
45
Mahindra Insurance Brokers latest salaries received from various employees of
Mahindra Insurance Brokers.