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ManipalCigna Health Insurance Business Development Manager salaries in India

Annual salary range
5 - 10 years exp.
₹2.9 Lakhs - ₹4 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Fixed
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Variable
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Monthly In-hand Salary

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54% less than the average Business Development Manager Salary in Insurance Companies for 5 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Business Development Manager Salary
5 - 10 years exp. (AmbitionBox Estimate)
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₹2.9 L/yr - ₹4 L/yr

Finance & Accounting
Business Development Manager Salary
9 years exp. (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.4 L/yr

Last Updated: 14 Oct 2024

Companies similar to ManipalCigna Health Insurance for Business Development Manager

Company name Avg Annual Salary Open Jobs
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₹1.5 L/yr - ₹6 L/yr

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8 job openings
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₹1.6 L/yr - ₹5.3 L/yr

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13 job openings
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₹2 L/yr - ₹7.3 L/yr

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3 job openings
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₹1.5 L/yr - ₹5.5 L/yr

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₹3.4 L/yr - ₹6 L/yr

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₹2.3 L/yr - ₹9 L/yr

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17 job openings
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₹2.4 L/yr - ₹8.8 L/yr

arrow icon 16% more
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₹2.6 L/yr - ₹13 L/yr

arrow icon 112% more
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₹3.5 L/yr - ₹7 L/yr

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₹4 L/yr - ₹8 L/yr

arrow icon 54% more
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₹6.2 L/yr - ₹13.6 L/yr

arrow icon 174% more
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₹3.7 L/yr - ₹7 L/yr

arrow icon 49% more
1 job opening
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₹3.6 L/yr - ₹4.8 L/yr

arrow icon 20% more
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₹3.5 L/yr - ₹5 L/yr

arrow icon 19% more
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₹3.3 L/yr - ₹6.5 L/yr

arrow icon 12% more
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₹4.5 L/yr - ₹11.2 L/yr

arrow icon 119% more
2 job openings
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₹2.4 L/yr - ₹5.5 L/yr

arrow icon 6% more
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₹7.8 L/yr - ₹10 L/yr

arrow icon 163% more
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₹6 L/yr - ₹26 L/yr

arrow icon 296% more
Business Development Manager salary at ManipalCigna Health Insurance ranges between ₹2.9 Lakhs to ₹4 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of ManipalCigna Health Insurance.

Latest annual salaries shared by ManipalCigna Health Insurance Business Development Manager

2mo ago
₹4 Lakhs
10 years exp.
1y ago
₹4 Lakhs
9 years exp.
1y ago
₹2.9 Lakhs
5 years exp.

Experience wise ManipalCigna Health Insurance Business Development Manager salaries

Last Updated: 14 Oct 2024

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹3.3 L/yr
6 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.6 L/yr
7 years (AmbitionBox Estimate)

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₹3 L/yr - ₹3.8 L/yr
8 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
9 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.4 L/yr
View all

Similar Designation salaries in ManipalCigna Health Insurance

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₹4.5 L/yr - ₹6 L/yr
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₹3.8 L/yr - ₹4.8 L/yr
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₹7.4 L/yr - ₹9.4 L/yr
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₹3 L/yr - ₹3.9 L/yr
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₹2.4 L/yr - ₹4.9 L/yr
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₹3.75 L/yr - ₹4.4 L/yr
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₹7.5 L/yr - ₹11.15 L/yr
Area Business Manager Salary
(AmbitionBox Estimate)
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₹8.1 L/yr - ₹10.4 L/yr
Deputy Manager Salary
(98 salaries)
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₹4 L/yr - ₹14.5 L/yr
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₹10.3 L/yr - ₹22 L/yr

Salary related reviews for ManipalCigna Health Insurance

3.2

Rated by 2 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 25 Jul 2024

1.0
 for  Salary and Benefits

Likes

Managers behaviour is good, specialy my manager was very gentleman

Dislikes

Low salary,there is no goalsheet for promotion,every month you get different target and you never know your next months target, office premises is very short,training room too short,there is no pantry room,leave policy is horrible, Saturday timing is 9.30 to 1.30,but every Saturday you have be in office till 4-5 pm

read more
  • Salary - Bad
  • +4 more

Sales & Marketing Department

5.0
  •  posted on 31 Jan 2021

4.0
 for  Salary and Benefits

Likes

Good environment and support of team members and nice transparency from management side company's policy are good every year bonus from company side

read more
  • Salary - Good
  • +6 more

Dislikes

Salary is not decent and also effective for my career growth the management doesn't address some important issues

read more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 08 Jan 2025

1.0
 for  Salary and Benefits

Likes

Nothing

  • Job security - Excellent
  • +1 more

Dislikes

Full of politics No proper growth No proper pay No clarity on plans Branch manager will be not having any product knowledge just asked us to close the leads with fake information to customers Targeting HR will listen you if u r above branch manager she won't give reply if u less than branch manager No proper channel for complaints

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

Human Resources Department

4.0
  •  posted on 09 Dec 2023

2.0
 for  Salary and Benefits

Likes

The culture is somehow very friendly

  • Skill development - Good
  • +3 more

Dislikes

...here the top management is protected even if some of them are outright are evil. Poor compensation structure. No benefits/perks at all. Very small workspace. People do not have space to sit. And even then work from home is not an option

read more
  • Salary - Poor

Full Time

 · 

Agency Sales Department

5.0
  •  posted on 25 Nov 2022

3.0
 for  Salary and Benefits

Likes

Best Health ins Products in this Health Insurance Sector, the Tag Line of "Ek Baar Lo Accha Lo" and "Expert ki Suno sahi Chuno" is fit for My Company Profiles. Its products for Best for Future Benefits.

read more
  • Job security - Good
  • +4 more

Dislikes

Company Target were going higher side so unable to Achive. and salary and insentive is very low about to cost cutting. Training part is very poor. HR Hireing is just Filling the Blanks.

read more
see more salary related reviews

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ManipalCigna Health Insurance Business Development Manager Salary FAQs

What is the salary of Business Development Manager at ManipalCigna Health Insurance ?
The average salary of a Business Development Manager at ManipalCigna Health Insurance in India typically ranges from ₹2.9 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 5 years to 10 years).

The top 10% of Business Development Manager at ManipalCigna Health Insurance earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Business Development Manager Salaries at ManipalCigna Health Insurance 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 ManipalCigna Health Insurance employees in India.
What is the estimated take home salary of a Business Development Manager at ManipalCigna Health Insurance in India?
The estimated take-home salary of a Business Development Manager at ManipalCigna Health Insurance in India typically ranges from ₹25,150 to ₹26,587 per month. This is based on the average salary range of ₹2.9 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 5 years to 10 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of ManipalCigna Health Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than ManipalCigna Health Insurance for Business Development Manager in India?
Liberty General Insurance ₹6.0 Lakhs to ₹26.0 Lakhs per year
Magma HDI General Insurance ₹6.2 Lakhs to ₹13.6 Lakhs per year
Allianz Partners ₹7.8 Lakhs to ₹10.0 Lakhs per year
Medi Assist India ₹4.5 Lakhs to ₹11.2 Lakhs per year
Cholamandalam MS General Insurance ₹2.6 Lakhs to ₹13.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by ManipalCigna Health Insurance, depending on the role and experience level.
What is the salary of a Business Development Manager in companies similar to ManipalCigna Health Insurance in India?
The salary of a Business Development Manager at companies similar to ManipalCigna Health Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aegon Life Insurance ₹4.0 Lakhs to ₹8.0 Lakhs per year
Future Generali India Life Insurance ₹3.5 Lakhs to ₹7.0 Lakhs per year
Paramount Health Services Tpa ₹3.7 Lakhs to ₹7.0 Lakhs per year
Axis Max Life Insurance ₹2.0 Lakhs to ₹7.3 Lakhs per year
Star Union Dai-ichi Life Insurance ₹2.3 Lakhs to ₹9.0 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.
How the salary growth look like for a Business Development Manager at ManipalCigna Health Insurance in India?
The salary growth for a Business Development Manager at ManipalCigna Health Insurance depends on factors such as experience, performance, and promotions. On average, a Business Development Manager can expect the following growth trajectory at ManipalCigna Health Insurance:

Experience Average Salary Range
5 years ₹2.6 Lakhs to ₹3.3 Lakhs per year
6 years ₹2.8 Lakhs to ₹3.6 Lakhs per year
7 years ₹3.0 Lakhs to ₹3.8 Lakhs per year
8 years ₹3.2 Lakhs to ₹4.1 Lakhs per year
and so on.

Tell us how to improve this page.

ManipalCigna Health Insurance Business Development Manager salary in India ranges between ₹2.9 Lakhs to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 ManipalCigna Health Insurance latest salaries received from various employees of ManipalCigna Health Insurance.