Niva Bupa Health Insurance Company Varanasi Business Development Manager Salaries by 6 Employees

3 - 10 years exp.

₹3.5 Lakhs - ₹4.7 Lakhs

Avg. annual salary

Monthly In-hand Salary

12% less than the average Business Development Manager Salary in Insurance Companies for 3 - 10 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading Business Development Manager Salary 3 - 10 years exp. (3 salaries)	₹3.5 L/yr - ₹4.7 L/yr
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Customer Success, Service & Operations Business Development Manager Salary 8 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.3 L/yr

Last Updated: 16 Mar 2023

Companies similar to Niva Bupa Health Insurance Company for Business Development Manager in Varanasi

Niva Bupa Health Insurance Company Business Development Manager Salary

3 - 10 years exp. (6 salaries)

₹3.5 L/yr - ₹4.7 L/yr

Company name	Avg Annual Salary	Open Jobs
SBI General Insurance Business Development Manager Salary 0 - 6 years exp. (17 salaries)	₹2.2 L/yr - ₹4.2 L/yr 14% less	13 job openings
Aditya Birla Health Insurance Co Business Development Manager Salary 8 - 10 years exp. (4 salaries)	₹4.2 L/yr - ₹5.5 L/yr 11% more
Login to view exact salary
IndiaFirst Life Insurance Business Development Manager Salary 0 - 9 years exp. (41 salaries)	₹1.8 L/yr - ₹5.2 L/yr 8% less	7 job openings
P.m.g. Commerce Edge Foundation Business Development Manager Salary 6 - 11 years exp. (5 salaries)	₹3.6 L/yr - ₹4.4 L/yr 12% less
Tata Motors Finance Business Development Manager Salary 1 - 5 years exp. (5 salaries)	₹1.6 L/yr - ₹3.4 L/yr 29% less

Business Development Manager salary at Niva Bupa Health Insurance Company ranges between ₹3.5 Lakhs to ₹4.7 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 6 latest salaries received from various employees of Niva Bupa Health Insurance Company .

Experience wise Niva Bupa Health Insurance Company Business Development Manager salaries in Varanasi

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr
4 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
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5 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
6 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
7 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr
8 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
9 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
10 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr

View all

Similar Designation salaries in Niva Bupa Health Insurance Company

Branch Manager Salary

(6 salaries)

₹9.25 L/yr - ₹11.67 L/yr

Top skills at Niva Bupa Health Insurance Company for Business Development Manager

Sales Business Development Management Health Insurance Agency Sales Agency Channel Agent Recruitment Insurance Sales General Insurance Insurance Corporate Sales Agency Management Tied Channel Team Handling Lead Generation Life Insurance

Salary related reviews for Niva Bupa Health Insurance Company

Relationship Manager in Gurgaon / Gurugram

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4.0

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Job security is good. Plus if you are in any department other than sales/ops, you can have a good work life balance.

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The base is salary is lower than that of industry standards for lower and lower middle level mangers

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Hr not supportive Family emergency not concerning at all Miss-behaving with employee Tourcher if employee is getting so unwell they never support even they threaten employee for fire from the jo

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Relationship Manager in Amritsar

Full Time

Sales & Business Development Department

5.0

• posted on 16 Jun 2021

5.0

for Salary and Benefits

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...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

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Relationship Manager in Chenani

Human Resources Department

3.0

• posted on 02 Feb 2021

3.0

for Salary and Benefits

Likes

Good work environment and culture. But back office management is not transparent. Company policies are good, but in the PF management are not supportive it's unsatisfied his work..

Dislikes

There is a lot of politics in the management side. Salary is decent but career growth is slow.

Job security - Poor

Relationship Manager in Surat

Sales Department

1.0

• posted on 02 Jun 2020

1.0

for Salary and Benefits

Likes

...r threatened employees to resign or be ready for termination during Covid19... Salary cut during Covid19.

Dislikes

No job security here and management of organization is very bad.....

Salary - Bad

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Niva Bupa Health Insurance Company Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Niva Bupa Health Insurance Company in Varanasi?

The average salary of a Business Development Manager at Niva Bupa Health Insurance Company in Varanasi typically ranges from ₹3.5 Lakhs to ₹4.7 Lakhs per year, depending on experience (from 3 years to 10 years).

The top 10% of Business Development Manager in Varanasi at Niva Bupa Health Insurance Company earn more than ₹4.7 Lakhs per year, and the top 1% earn over ₹4.7 Lakhs per year. Business Development Manager Salaries at Niva Bupa Health Insurance Company 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 6 Niva Bupa Health Insurance Company employees in India.

What is the estimated take home salary of a Business Development Manager at Niva Bupa Health Insurance Company in Varanasi?

The estimated take-home salary of a Business Development Manager at Niva Bupa Health Insurance Company in Varanasi typically ranges from ₹31,612 to ₹32,902 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹4.7 Lakhs per year for employees with experience ranging from 3 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 6 salaries received from various employees of Niva Bupa Health Insurance Company . Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Business Development Manager at Niva Bupa Health Insurance Company in Varanasi?

To be a Business Development Manager at Niva Bupa Health Insurance Company in Varanasi, the key skills required include:

- Sales
- Business Development Management
- Health Insurance
- Agency Sales
- Agency Channel

These skills are highly valued at Niva Bupa Health Insurance Company and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Niva Bupa Health Insurance Company for Business Development Manager in India?

Aditya Birla Health Insurance Co

₹4.2 Lakhs to ₹5.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Niva Bupa Health Insurance Company , depending on the role and experience level.

What is the salary of a Business Development Manager in companies similar to Niva Bupa Health Insurance Company in Varanasi?

The salary of a Business Development Manager at companies similar to Niva Bupa Health Insurance Company in Varanasi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IndiaFirst Life Insurance	₹1.8 Lakhs to ₹5.2 Lakhs per year
P.m.g. Commerce Edge Foundation	₹3.6 Lakhs to ₹4.4 Lakhs per year
SBI General Insurance	₹2.2 Lakhs to ₹4.2 Lakhs per year
Tata Motors Finance	₹1.6 Lakhs to ₹3.4 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 Niva Bupa Health Insurance Company in Varanasi?

The salary growth for a Business Development Manager at Niva Bupa Health Insurance Company in Varanasi depends on factors such as experience, performance, and promotions. On average, a Business Development Manager in Varanasi can expect the following growth trajectory at Niva Bupa Health Insurance Company :

Experience	Average Salary Range
3 years	₹3.7 Lakhs to ₹4.8 Lakhs per year
4 years	₹3.8 Lakhs to ₹4.8 Lakhs per year
5 years	₹3.8 Lakhs to ₹4.9 Lakhs per year
6 years	₹3.8 Lakhs to ₹4.9 Lakhs per year

and so on.

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Niva Bupa Health Insurance Company Business Development Manager Salaries in Varanasi

Niva Bupa Health Insurance Company Business Development Manager salary in Varanasi ranges between ₹3.5 Lakhs to ₹4.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Niva Bupa Health Insurance Company latest salaries received from various employees of Niva Bupa Health Insurance Company .