Max Life Insurance Hyderabad / Secunderabad Business Development Manager Salaries by 10+ Employees (Updated 2024)

2 - 10 years exp.

₹3.9 Lakhs - ₹6.1 Lakhs

Salary of majority employees

31% less than the average Business Development Manager Salary in Insurance Companies for 2 - 10 years of experience

Interested in this particular role? 5 job openings

Salaries in different departments

BFSI, Investments & Trading Business Development Manager Salary 4 - 6 years exp. (4 salaries)	₹4.5 L/yr - ₹5.8 L/yr
Sales & Business Development Business Development Manager Salary 2 - 10 years exp. (4 salaries)	₹4 L/yr - ₹6.1 L/yr
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Customer Success, Service & Operations Business Development Manager Salary 5 - 8 years exp. (AmbitionBox Estimate)	₹3.9 L/yr - ₹6.1 L/yr
Marketing & Communication Business Development Manager Salary 6 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr

Last Updated: 30 Nov 2024

Companies similar to Max Life Insurance for Business Development Manager in Hyderabad / Secunderabad

Max Life Insurance Business Development Manager Salary

2 - 10 years exp. (12 salaries)

₹3.9 L/yr - ₹6.1 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance Business Development Manager Salary 2 - 11 years exp. (12 salaries)	₹3.5 L/yr - ₹4.5 L/yr 15% less	1 job opening
SBI Life Insurance Company Business Development Manager Salary 0 - 12 years exp. (98 salaries)	₹2.2 L/yr - ₹6.5 L/yr 6% less	1 job opening
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Kotak Mahindara Life Insurance Business Development Manager Salary 3 - 7 years exp. (4 salaries)	₹4.8 L/yr - ₹8 L/yr 23% more	4 job openings
Reliance Nippon Life Insurance Business Development Manager Salary 1 - 14 years exp. (3 salaries)	₹1.5 L/yr - ₹3.9 L/yr 34% less
Bharti AXA Life Insurance Business Development Manager Salary 0 - 10 years exp. (7 salaries)	₹3.6 L/yr - ₹8.2 L/yr At par
SBI General Insurance Business Development Manager Salary 0 - 10 years exp. (29 salaries)	₹2.1 L/yr - ₹5 L/yr 28% less	6 job openings
ICICI Lombard General Insurance Company Business Development Manager Salary 4 - 11 years exp. (5 salaries)	₹4.5 L/yr - ₹9.5 L/yr 10% more
Aditya Birla Sun Life Insurance Business Development Manager Salary 1 - 7 years exp. (5 salaries)	₹4 L/yr - ₹5.5 L/yr 15% less
Shriram Life Insurance Business Development Manager Salary 3 - 11 years exp. (3 salaries)	₹2.4 L/yr - ₹3.4 L/yr 39% less
Star Union Dai-ichi Life Insurance Business Development Manager Salary 10 - 12 years exp. (3 salaries)	₹3.7 L/yr - ₹7.5 L/yr 13% less	9 job openings

Business Development Manager salary at Max Life Insurance ranges between ₹3.9 Lakhs to ₹6.1 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 12 latest salaries received from various employees of Max Life Insurance.

Experience wise Max Life Insurance Business Development Manager salaries in Hyderabad / Secunderabad

Last Updated: 30 Nov 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹4 L/yr - ₹8.1 L/yr
3 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
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4 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5 L/yr
5 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹8.9 L/yr
6 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.5 L/yr
7 years (AmbitionBox Estimate)	₹5 L/yr - ₹9.4 L/yr
8 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6.1 L/yr
9 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹10 L/yr
10 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6.1 L/yr

View all

Similar Designation salaries in Max Life Insurance

Assistant Sales Manager Salary

(9 salaries)

₹2.4 L/yr - ₹4.18 L/yr

Top skills at Max Life Insurance for Business Development Manager

Recruitment Management Sales Promotion Networking IRDA Monitoring Relationship Building Team Development Life Insurance Business Development Management Sales Recruitment IRDA Relationship Building Sales Promotion

Salary related reviews for Max Life Insurance

4.0

Rated by 2 employees for salary & benefits

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

Deputy Manager in Kolkata

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 05 Jan 2024

1.0

for Salary and Benefits

Likes

To be very honest . Leaders are not at all good. They don’t treat people with respect. Just Bogus Company I ever worked with.

Dislikes

Everything. Full of Politics. Managers and leaders are not at all good.. Doesn’t provide Exact salary. And the KRA’s don’t match what they said during Interview.

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.

Branch Manager

Sales BD Department

5.0

• posted on 21 Dec 2018

5.0

for Salary and Benefits

Likes

It was very nice expierence to work with Max,very good teammates, nice growth appraisal excellent good salary Yes there is politics ay higher level high mode learning as per industry standards. It was turning point of my life.

Dislikes

Nothing Nothing Nothing

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Salary Discussions, Hike & Promotions

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 Manager Salary FAQs

What is the salary of Business Development Manager at Max Life Insurance Hyderabad / Secunderabad?

Business Development Manager salary at Max Life Insurance in Hyderabad / Secunderabad ranges between ₹3.9 Lakhs to ₹6.1 Lakhs for experience between 2 years to 10 years. According to our estimates it is 31% less than the average Business Development Manager Salary in India. Salary estimates are based on 12 latest salaries received from various employees of Max Life Insurance Hyderabad / Secunderabad.

How does the salary of a Business Development Manager at Max Life Insurance Hyderabad / Secunderabad compare with the average salary range for this job?

The average salary of a Business Development Manager at Max Life Insurance is 31% less than the average salary of a Business Development Manager in Hyderabad / Secunderabad. To know exact salary insights, login to view.

What are the top skills required to work as a Business Development Manager at Max Life Insurance?

Recruitment, Management, Sales Promotion, Networking and IRDA are some of the popular skills required to work as a Business Development Manager at Max Life Insurance Hyderabad / Secunderabad.

Which similar companies are paying more than Max Life Insurance to a Business Development Manager in Hyderabad / Secunderabad?

Kotak Mahindara Life Insurance Business Development Manager Salary - ₹4.8 Lakhs to ₹8.0 Lakhs per year
ICICI Lombard General Insurance Company Business Development Manager Salary - ₹4.5 Lakhs to ₹9.5 Lakhs per year
Bharti AXA Life Insurance Business Development Manager Salary - ₹3.6 Lakhs to ₹8.2 Lakhs per year

What is the salary of a Business Development Manager in companies similar to Max Life Insurance in Hyderabad / Secunderabad?

SBI Life Insurance Company Business Development Manager Salary - ₹2.2 Lakhs to ₹6.5 Lakhs per year
Star Union Dai-ichi Life Insurance Business Development Manager Salary - ₹3.7 Lakhs to ₹7.5 Lakhs per year
Aditya Birla Sun Life Insurance Business Development Manager Salary - ₹4.0 Lakhs to ₹5.5 Lakhs per year
Bajaj Allianz Life Insurance Business Development Manager Salary - ₹3.5 Lakhs to ₹4.5 Lakhs per year
SBI General Insurance Business Development Manager Salary - ₹2.1 Lakhs to ₹5.0 Lakhs per year

What is the estimated take home salary of a Business Development Manager at Max Life Insurance in Hyderabad / Secunderabad?

The estimated take-home salary of a Business Development Manager at Max Life Insurance ranges between ₹38,340 per month to ₹39,530 per month in Hyderabad / Secunderabad. The take-home salary calculation is based on the average Max Life Insurance Business Development Manager salary in India which ranges between ₹3.9 Lakhs to ₹6.1 Lakhs per year for employees with experience between 2 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Business Development Manager at Max Life Insurance in Hyderabad / Secunderabad?

According to AmbitionBox, 50% of the Max Life Insurance Business Development Managers in Hyderabad / Secunderabad reported a notice period of 15 days or less, 50% reported a notice period of 2 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Max Life Insurance Business Development Manager Salaries in Hyderabad / Secunderabad

Max Life Insurance Business Development Manager salary in Hyderabad / Secunderabad ranges between ₹3.9 Lakhs to ₹6.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Max Life Insurance latest salaries received from various employees of Max Life Insurance.

Max Life Insurance Business Development Manager salaries in Hyderabad / Secunderabad

Companies similar to Max Life Insurance for Business Development Manager in Hyderabad / Secunderabad

Latest annual salaries shared by Max Life Insurance Business Development Manager in Hyderabad / Secunderabad

Experience wise Max Life Insurance Business Development Manager salaries in Hyderabad / Secunderabad

Similar Designation salaries in Max Life Insurance

Top skills at Max Life Insurance for Business Development Manager

Salary related reviews for Max Life Insurance

Business Development Manager in Meerut

Business Development Manager in Tirunelveli

Deputy Manager in Kolkata

Sales Manager in New Delhi

Branch Manager

Max Life Insurance Business Development Manager Salary FAQs

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