Max Life Insurance Business Development Executive Salaries by 6 Employees (Updated 2024)

0 - 4 years exp.

₹2.8 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

14% less than the average Business Development Executive Salary in Insurance Companies for 0 - 4 years of experience

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Salaries in different departments

Administration & Facilities Business Development Executive Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹2.8 L/yr
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BFSI, Investments & Trading Business Development Executive Salary Fresher (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.2 L/yr

Last Updated: 29 Nov 2023

Companies similar to Max Life Insurance for Business Development Executive

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Business Development Executive Salary 0 - 5 years exp. (16 salaries)	₹2.4 L/yr - ₹6 L/yr 28% more
HDFC Life Business Development Executive Salary 0 - 5 years exp. (19 salaries)	₹1.2 L/yr - ₹4.4 L/yr 16% less
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SBI Life Insurance Company Business Development Executive Salary 0 - 6 years exp. (160 salaries)	₹2 L/yr - ₹4.5 L/yr 2% less
Bajaj Allianz Life Insurance Business Development Executive Salary 1 - 5 years exp. (9 salaries)	₹2.4 L/yr - ₹5 L/yr 9% more
Kotak Mahindara Life Insurance Business Development Executive Salary 0 - 5 years exp. (11 salaries)	₹1.2 L/yr - ₹4.7 L/yr 4% more
Tata AIA Life Insurance Business Development Executive Salary 1 - 5 years exp. (4 salaries)	₹2 L/yr - ₹4 L/yr 3% less
Aditya Birla Sun Life Insurance Business Development Executive Salary 0 - 6 years exp. (4 salaries)	₹2 L/yr - ₹3.1 L/yr 6% less
PNB MetLife Business Development Executive Salary 0 - 9 years exp. (5 salaries)	₹2 L/yr - ₹3.8 L/yr 18% less
ICICI Lombard General Insurance Company Business Development Executive Salary 1 - 10 years exp. (136 salaries)	₹3 L/yr - ₹6.5 L/yr 57% more
SBI General Insurance Business Development Executive Salary 0 - 4 years exp. (33 salaries)	₹2 L/yr - ₹3.8 L/yr 7% less
Shriram Life Insurance Business Development Executive Salary 0 - 4 years exp. (27 salaries)	₹1.4 L/yr - ₹4 L/yr 28% less
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Star Union Dai-ichi Life Insurance Business Development Executive Salary 1 - 5 years exp. (10 salaries)	₹2.4 L/yr - ₹3.6 L/yr 5% less
HDFC Ergo General Insurance Business Development Executive Salary 0 - 7 years exp. (8 salaries)	₹1.8 L/yr - ₹4 L/yr 8% less
Star Health & Allied Insurance Business Development Executive Salary 0 - 2 years exp. (8 salaries)	₹1.8 L/yr - ₹4.5 L/yr 6% less
The New India Assurance Co. Business Development Executive Salary 1 - 34 years exp. (7 salaries)	₹2.9 L/yr - ₹12.5 L/yr 136% more
Bajaj Allianz General Insurance Business Development Executive Salary 1 - 7 years exp. (6 salaries)	₹1.8 L/yr - ₹3 L/yr 29% less
Care Health Insurance Business Development Executive Salary 0 - 8 years exp. (6 salaries)	₹1.2 L/yr - ₹5 L/yr 14% less
The Oriental Insurance Co. Business Development Executive Salary 2 - 9 years exp. (3 salaries)	₹1.2 L/yr - ₹13.8 L/yr 81% more

Business Development Executive salary at Max Life Insurance ranges between ₹2.8 Lakhs to ₹5 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 6 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Business Development Executive salaries

Last Updated: 29 Nov 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.2 L/yr - ₹5.8 L/yr
1 year (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
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2 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹5 L/yr
3 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.9 L/yr
4 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹5 L/yr

Similar Designation salaries in Max Life Insurance

Senior Business Development Executive Salary

(AmbitionBox Estimate)

₹4.7 L/yr - ₹6 L/yr

Business Development Officer Salary

(4 salaries)

₹1.2 L/yr - ₹3.5 L/yr

Business Development Associate Salary

(6 salaries)

₹3.5 L/yr - ₹4.9 L/yr

Business Development Manager Salary

(195 salaries)

₹2.2 L/yr - ₹7.25 L/yr

Business Executive Salary

(AmbitionBox Estimate)

₹11.3 L/yr - ₹14.5 L/yr

Inside Sales Executive Salary

(AmbitionBox Estimate)

₹1.7 L/yr - ₹2.2 L/yr

Sales Development Representative Salary

(AmbitionBox Estimate)

₹4.8 L/yr - ₹6.1 L/yr

Area Sales Executive Salary

(4 salaries)

₹2.4 L/yr - ₹4 L/yr

Senior Sales Executive Salary

(9 salaries)

₹2.3 L/yr - ₹4.8 L/yr

Sales Executive Salary

(75 salaries)

₹1.75 L/yr - ₹5.2 L/yr

Salary related reviews for Max Life Insurance

2.6

Rated by 2 employees for salary & benefits

Sales Manager in New Delhi

Full Time

Sales Department

2.0

• posted on 26 Nov 2022

2.0

for Salary and Benefits

Likes

...hing About Likes and dislike as company is not my Girlfriend or spouse to love There is only one rule once you perform for any company company will pay. Once you are not favourite for your manager you have to leave the company. No employee want to change the job real truth is employee change their manager.

Business Development Manager in Meerut

Sales & Business Development Department

1.0

• posted on 05 Feb 2022

1.0

for Salary and Benefits

Likes

... after that also your job never be secured. And boss behaviour is very pathetic. They hold salary also. Very bad experience.

Business Development Manager in Tirunelveli

Marketing & Communication Department

5.0

• posted on 12 Apr 2021

5.0

for Salary and Benefits

Likes

...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.

Dislikes

Business Executive in New Delhi

Operations team Department

4.0

• posted on 26 Sep 2017

3.0

for Salary and Benefits

Likes

My teammates of banca channel that includes training team,operation team ,sales team all were cooperative,i got a very comfortable environment over there and want to work in furure as well.. company give opportunities to earn good amount of money and even tours by arranging contest..

Dislikes

They dont concern about backend team,company is more concerned about sales team and they dont even pay attention on salary hikes thats backend team deserves..

Sales Manager in Gurgaon / Gurugram

BFSI, Investments & Trading Department

4.0

• posted on 21 Sep 2019

4.0

for Salary and Benefits

Likes

Its a good company to work with and a good pay master but unfortunately hardly give time for family.

Dislikes

They dont give time for family. Although they keep saying good things to devote time with family but they dont let you spend time. Worked even 7 days a week till 2:30 A.M

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Max Life Insurance Business Development Executive Salary FAQs

What is the salary of Business Development Executive at Max Life Insurance?

Business Development Executive salary at Max Life Insurance in India ranges between ₹2.8 Lakhs to ₹5.0 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 14% less than the average Business Development Executive Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Max Life Insurance India.

How does the salary of a Business Development Executive at Max Life Insurance India compare with the average salary range for this job?

The average salary of a Business Development Executive at Max Life Insurance is 14% less than the average salary of a Business Development Executive in India. To know exact salary insights, login to view.

Which similar companies are paying more than Max Life Insurance 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
The Oriental Insurance Co. Business Development Executive Salary - ₹1.2 Lakhs to ₹13.8 Lakhs per year
ICICI Lombard General Insurance Company Business Development Executive Salary - ₹3.0 Lakhs to ₹6.5 Lakhs per year
ICICI Prudential Life Insurance Business Development Executive Salary - ₹2.4 Lakhs to ₹6.0 Lakhs per year
Bajaj Allianz Life Insurance Business Development Executive Salary - ₹2.4 Lakhs to ₹5.0 Lakhs per year

What is the salary of a Business Development Executive in companies similar to Max Life Insurance in India?

Kotak Mahindara Life Insurance Business Development Executive Salary - ₹1.2 Lakhs to ₹4.7 Lakhs per year
SBI Life Insurance Company Business Development Executive Salary - ₹2.0 Lakhs to ₹4.5 Lakhs per year
Tata AIA Life Insurance Business Development Executive Salary - ₹2.0 Lakhs to ₹4.0 Lakhs per year
Star Union Dai-ichi Life Insurance Business Development Executive Salary - ₹2.4 Lakhs to ₹3.6 Lakhs per year
Star Health & Allied Insurance Business Development Executive Salary - ₹1.8 Lakhs to ₹4.5 Lakhs per year

What is the estimated take home salary of a Business Development Executive at Max Life Insurance in India?

The estimated take-home salary of a Business Development Executive at Max Life Insurance ranges between ₹23,986 per month to ₹25,439 per month in India. The take-home salary calculation is based on the average Max Life Insurance Business Development Executive salary in India which ranges between ₹2.8 Lakhs to ₹5.0 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?

What is the notice period for Business Development Executive at Max Life Insurance?

According to AmbitionBox, 58% of the Max Life Insurance Business Development Executives reported a notice period of 15 days or less, 34% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 12 responses on AmbitionBox in last 2 years.

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Max Life Insurance Business Development Executive Salaries

Max Life Insurance Business Development Executive salary in India ranges between ₹2.8 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Max Life Insurance latest salaries received from various employees of Max Life Insurance.

Max Life Insurance Business Development Executive salaries in India

Companies similar to Max Life Insurance for Business Development Executive

Latest annual salaries shared by Max Life Insurance Business Development Executive

Experience wise Max Life Insurance Business Development Executive salaries

Similar Designation salaries in Max Life Insurance

Salary related reviews for Max Life Insurance

Sales Manager in New Delhi

Business Development Manager in Meerut

Business Development Manager in Tirunelveli

Business Executive in New Delhi

Sales Manager in Gurgaon / Gurugram

Max Life Insurance Business Development Executive Salary FAQs

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