Mahindra Insurance Brokers Senior Business Development Manager Salaries by 2 Employees

Select experience

₹2.6 Lakhs - ₹3.3 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

Interested in this particular role?

Last Updated: 10 Mar 2023

Companies similar to Mahindra Insurance Brokers for Senior Business Development Manager

Company name	Avg Annual Salary	Open Jobs
IndiaFirst Life Insurance Senior Business Development Manager Salary 3 - 11 years exp. (116 salaries)	₹3.5 L/yr - ₹6.7 L/yr 69% more
Edelweiss Life Insurance Senior Business Development Manager Salary 2 - 9 years exp. (26 salaries)	₹4.4 L/yr - ₹6.2 L/yr 53% more
Login to view exact salary
Bharti AXA Life Insurance Senior Business Development Manager Salary 1 - 27 years exp. (17 salaries)	₹3.2 L/yr - ₹8.4 L/yr 18% more
Future Generali India Life Insurance Senior Business Development Manager Salary 4 - 9 years exp. (7 salaries)	₹5 L/yr - ₹7.4 L/yr 106% more
Cholamandalam MS General Insurance Senior Business Development Manager Salary 4 - 12 years exp. (6 salaries)	₹7.5 L/yr - ₹12.4 L/yr 281% more
Aditya Birla Health Insurance Co Senior Business Development Manager Salary 1 - 13 years exp. (4 salaries)	₹4.2 L/yr - ₹12 L/yr 194% more
Ageas Federal Life Insurance Senior Business Development Manager Salary 2 years exp. (3 salaries)	₹6.1 L/yr - ₹17 L/yr 329% more
Allianz Partners Senior Business Development Manager Salary 9 - 11 years exp. (3 salaries)	₹15.4 L/yr - ₹18.2 L/yr 452% more
ManipalCigna Health Insurance Senior Business Development Manager Salary 9 - 10 years exp. (3 salaries)	₹4.5 L/yr - ₹6 L/yr 75% more

Senior Business Development Manager salary at Mahindra Insurance Brokers ranges between ₹2.6 Lakhs to ₹3.3 Lakhs per year for employees with 4 years of experience. Salary estimates are based on 2 latest salaries received from various employees of Mahindra Insurance Brokers.

Similar Designation salaries in Mahindra Insurance Brokers

Business Development Manager Salary

(4 salaries)

₹3.64 L/yr - ₹4 L/yr

Senior Business Development Executive Salary

(21 salaries)

₹2.05 L/yr - ₹5.42 L/yr

Business Development Associate Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Business Development Executive Salary

(45 salaries)

₹2 L/yr - ₹3.35 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹9.5 L/yr - ₹12.1 L/yr

Area Business Manager Salary

(AmbitionBox Estimate)

₹7.1 L/yr - ₹9.1 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹12.6 L/yr - ₹16.1 L/yr

Territory Sales Manager Salary

(3 salaries)

₹8 L/yr - ₹12.4 L/yr

Regional Manager Salary

(5 salaries)

₹15 L/yr - ₹20 L/yr

Zonal Sales Manager Salary

(3 salaries)

₹39.35 L/yr - ₹41 L/yr

Salary related reviews for Mahindra Insurance Brokers

5.0

Rated by 1 employees for salary & benefits

Area Manager in Hyderabad / Secunderabad

Full Time

Sales & Business Development Department

3.0

• posted on 15 Jan 2025

2.0

for Salary and Benefits

Likes

Mid level managers are not supported to grow ground team in terms appraisal promotions to management,work balance also not manageable.

Dislikes

Salary hike not up to the mark if achieve annual target 100% and more than ,variables policy announced very late after completing 100%

Salary - Poor

+2 more

Senior Business Development Executive in Bhubaneswar

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.

Skill development - Good

+4 more

Dislikes

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

Senior Application Support Engineer in Mumbai

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.

Salary - Good

+4 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.

Deputy Area Manager in Hazaribag

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.

Salary - Excellent

+6 more

Dislikes

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

Senior Territory Manager in Coimbatore

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

Salary - Bad

+6 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

115 participants . poll closed

Got a question about Mahindra Insurance Brokers?

Ask anonymously on communities.

Mahindra Insurance Brokers Senior Business Development Manager Salary FAQs

How the salary growth look like for a Senior Business Development Manager at Mahindra Insurance Brokers in India?

The salary growth for a Senior Business Development Manager at Mahindra Insurance Brokers depends on factors such as experience, performance, and promotions. On average, a Senior Business Development Manager can expect the following growth trajectory at Mahindra Insurance Brokers:

Experience	Average Salary Range
4 years	₹2.3 Lakhs to ₹2.9 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Mahindra Insurance Brokers Salaries >
Mahindra Insurance Brokers Senior Business Development Manager Salaries

Mahindra Insurance Brokers Senior Business Development Manager salary in India ranges between ₹2.6 Lakhs to ₹3.3 Lakhs. This is an estimate based on latest salaries received from employees of Mahindra Insurance Brokers.

Mahindra Insurance Brokers Senior Business Development Manager salaries in India

Companies similar to Mahindra Insurance Brokers for Senior Business Development Manager

Similar Designation salaries in Mahindra Insurance Brokers

Salary related reviews for Mahindra Insurance Brokers

Area Manager in Hyderabad / Secunderabad

Senior Business Development Executive in Bhubaneswar

Senior Application Support Engineer in Mumbai

Deputy Area Manager in Hazaribag

Senior Territory Manager in Coimbatore

Mahindra Insurance Brokers Senior Business Development Manager Salary FAQs

Tell us how to improve this page.