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Mahindra Insurance Brokers Business Development Executive salaries in India

Annual salary range
0 - 7 years exp.
₹2 Lakhs - ₹3.4 Lakhs
Salary of majority employees
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28% 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)
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₹2 L/yr - ₹3.4 L/yr

BFSI, Investments & Trading
Business Development Executive Salary
1 - 7 years exp. (12 salaries)
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₹2 L/yr - ₹3.2 L/yr

Marketing & Communication
Business Development Executive Salary
0 - 4 years exp. (4 salaries)
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₹2 L/yr - ₹2.9 L/yr

Customer Success, Service & Operations
Business Development Executive Salary
1 - 5 years exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹2.9 L/yr

Data Science & Analytics
Business Development Executive Salary
3 - 5 years exp. (AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.9 L/yr

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Last Updated: 6 Dec 2024

Companies similar to Mahindra Insurance Brokers for Business Development Executive

Company name Avg Annual Salary Open Jobs
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₹3 L/yr - ₹6.5 L/yr

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₹1.8 L/yr - ₹3 L/yr

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₹1.8 L/yr - ₹4 L/yr

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₹2.8 L/yr - ₹5.5 L/yr

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₹2.9 L/yr - ₹12.5 L/yr

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₹4.5 L/yr - ₹4.8 L/yr

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₹1.8 L/yr - ₹4.5 L/yr

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₹2.5 L/yr - ₹2.9 L/yr

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₹3 L/yr - ₹6.2 L/yr

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₹2.3 L/yr - ₹5.7 L/yr

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₹2.4 L/yr - ₹3.5 L/yr

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Logo
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₹2 L/yr - ₹6.2 L/yr

arrow icon 46% more
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₹3.5 L/yr - ₹5.6 L/yr

arrow icon 57% more
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₹2.2 L/yr - ₹3.3 L/yr

arrow icon 6% less
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₹2.8 L/yr - ₹4 L/yr

arrow icon 25% 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 52 latest salaries received from various employees of Mahindra Insurance Brokers.

Latest annual salaries shared by Mahindra Insurance Brokers Business Development Executive

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Experience wise Mahindra Insurance Brokers Business Development Executive salaries

Last Updated: 6 Dec 2024

Experience Avg Annual Salary
Fresher  (3 salaries)

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₹2 L/yr - ₹4.7 L/yr
1 year  (3 salaries)

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₹2 L/yr - ₹2.8 L/yr
2 years  (9 salaries)

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₹2 L/yr - ₹3 L/yr
3 years  (14 salaries)

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₹2.2 L/yr - ₹3.4 L/yr
4 years  (11 salaries)

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₹2 L/yr - ₹3.4 L/yr
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Similar Designation salaries in Mahindra Insurance Brokers

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₹2.05 L/yr - ₹5.42 L/yr
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₹2.9 L/yr - ₹3.7 L/yr
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₹3.64 L/yr - ₹4 L/yr
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₹2.2 L/yr - ₹2.7 L/yr
Senior Sales Executive Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr
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₹1.35 L/yr - ₹4.2 L/yr
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₹5.95 L/yr - ₹10 L/yr
Sales Associate Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
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₹4.6 L/yr - ₹14.8 L/yr
Sales Manager Salary
(6 salaries)
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₹3.15 L/yr - ₹5 L/yr

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

3.9

Rated by 32 employees for salary & benefits

BFSI, Investments & Trading Department

4.0
  •  posted on 12 May 2018

3.0
 for  Salary and Benefits

Likes

There is a friendly atmosphere to work here,we have maintain a good work life balance here and the most important thing is we have more job security here.

read more

Dislikes

Here the salary and remuneration is not good as compared of other industry.

read more

Full Time

 · 

IT & Information Security Department

4.0
  •  posted on 28 Jul 2023

4.0
 for  Salary and Benefits

Likes

Activity going on weekend (every Friday) Supporting people and management. Good environment to work Birthday celebration all together with team.

read more

Dislikes

...mething new or promotion is not good in our field As per my personal experience. Salary hike appraisal delayed this year. Work load is not managed properly.

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Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 25 Jun 2022

5.0
 for  Salary and Benefits

Likes

...ve teammates are supportive. Management is transparent ,company policy are good.job security, appraisal are fair and they give good salary hike.

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Dislikes

Verticalisation ,politics salary is good but career growth is slow,

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 29 May 2021

1.0
 for  Salary and Benefits

Likes

... Assist, Wedding Bonus, New born baby gift, Medical assist, Birthday gift etc. Main Part - Salary slab was very worst and no increment, Executives stay 5 + year experience but salary at end they only out for 230000PA and starts with 180000 PA which is terrible and all work for salary that is not get what we work. Incentive was not given proper time as per time line eg: Quarterly plan, they provide incentive after 6months of that quarter and they not provide calculation for that incentive what we received

read more

Full Time

 · 

Customer Success, Service & Operations Department

5.0
  •  posted on 13 Jun 2024

5.0
 for  Salary and Benefits

Likes

All is good /salary -incentive/transport facilities/foods / no pressure about call and leads soft calling 6 months work process it’s hard be 6 months rest of process

read more

Dislikes

Process is closed /if be start process again I will be joining as soon as possible

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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 28% less than the average Business Development Executive Salary in India. Salary estimates are based on 52 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 28% 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 - ₹3.0 Lakhs to ₹6.5 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
  • IndiaFirst Life Insurance Business Development Executive Salary - ₹2.3 Lakhs to ₹5.7 Lakhs per year
  • Shriram General Insurance Business Development Executive Salary - ₹2.8 Lakhs to ₹4.0 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 ₹19,755 per month to ₹21,421 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, 52% of the Mahindra Insurance Brokers Business Development Executives reported a notice period of 1 Month, 44% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 25 responses on AmbitionBox in last 2 years.

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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 ₹unlock blur. Salary estimates are based on 52 Mahindra Insurance Brokers latest salaries received from various employees of Mahindra Insurance Brokers.