Monthly In-hand Salary
27% less than the average Business Development Manager Salary in Insurance Companies for 2 - 9 years of experience
Interested in this particular role? 4 job openings
Salaries in different departments
BFSI, Investments & Trading
Business Development Manager Salary
5 - 9
years
exp.
(4
salaries)
|  ₹4 L/yr - ₹5.8 L/yr |
Sales & Business Development
Business Development Manager Salary
6 - 8
years
exp.
(3
salaries)
| ₹4.9 L/yr - ₹6.5 L/yr |
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| |
Customer Success, Service & Operations
Business Development Manager Salary
6 - 7
years
exp.
(AmbitionBox Estimate)
| ₹4.9 L/yr - ₹7 L/yr |
Finance & Accounting
Business Development Manager Salary
3
years
exp.
(AmbitionBox Estimate)
| ₹4 L/yr - ₹5.9 L/yr |
Marketing & Communication
Business Development Manager Salary
5
years
exp.
(AmbitionBox Estimate)
| ₹4 L/yr - ₹5.8 L/yr |
Companies similar to Axis Max Life Insurance for Business Development Manager in Mumbai
Axis Max Life Insurance
Business Development Manager Salary
2 - 9 years exp. (14 salaries) |  ₹4 L/yr - ₹7 L/yr |
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 HDFC Life Business Development Manager Salary
0 - 10 years exp. (191 salaries) | ₹1.9 L/yr - ₹5 L/yr 
29%
less | 12 job openings |
 SBI Life Insurance Company Business Development Manager Salary
3 - 12 years exp. (61 salaries) | ₹3 L/yr - ₹7 L/yr
2%
less | |
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| ||
 Aditya Birla Sun Life Insurance Business Development Manager Salary
0 - 13 years exp. (26 salaries) | ₹4.1 L/yr - ₹5 L/yr
16%
less | |
 Bajaj Allianz Life Insurance Business Development Manager Salary
1 - 10 years exp. (19 salaries) | ₹3.7 L/yr - ₹5.5 L/yr
15%
less | 3 job openings |
 SBI General Insurance Business Development Manager Salary
0 - 8 years exp. (18 salaries) | ₹2.8 L/yr - ₹4.5 L/yr
27%
less | 13 job openings |
 Kotak Mahindara Life Insurance Business Development Manager Salary
4 - 12 years exp. (10 salaries) | ₹3.7 L/yr - ₹10 L/yr 
25%
more | |
 Cholamandalam MS General Insurance Business Development Manager Salary
5 - 13 years exp. (8 salaries) | ₹4.5 L/yr - ₹13 L/yr
40%
more | |
 Star Union Dai-ichi Life Insurance Business Development Manager Salary
4 - 7 years exp. (6 salaries) | ₹3.9 L/yr - ₹6.4 L/yr
2%
more | 17 job openings |
 Life Insurance Corporation of India Business Development Manager Salary
3 - 8 years exp. (5 salaries) | ₹2.8 L/yr - ₹6.5 L/yr
23%
less | |
 Reliance Nippon Life Insurance Business Development Manager Salary
3 - 10 years exp. (4 salaries) | ₹4 L/yr - ₹6 L/yr
23%
less | |
 Shriram Life Insurance Business Development Manager Salary
0 - 10 years exp. (4 salaries) | ₹2.4 L/yr - ₹6 L/yr
30%
less | |
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| ||
 ICICI Lombard General Insurance Company Business Development Manager Salary
4 - 6 years exp. (4 salaries) | ₹3 L/yr - ₹6 L/yr
29%
less | |
 Gallagher Business Development Manager Salary
4 - 14 years exp. (3 salaries) | ₹10 L/yr - ₹10.8 L/yr
91%
more | |
Latest annual salaries shared by Axis Max Life Insurance Business Development Manager in Mumbai
Experience wise Axis Max Life Insurance Business Development Manager salaries in Mumbai
Last Updated: 2 Aug 2024
| Experience | Avg Annual Salary |
|---|---|
| 2 years (AmbitionBox Estimate) |
₹4.4
L/yr
- ₹5.6
L/yr
|
| 3 years (AmbitionBox Estimate) |
₹4.5
L/yr
- ₹5.8
L/yr
|
Login to view exact salary
| |
| 4 years (AmbitionBox Estimate) |
₹4.6
L/yr
- ₹5.9
L/yr
|
| 5 years (AmbitionBox Estimate) |
₹4.8
L/yr
- ₹6.1
L/yr
|
| 6 years (3 salaries) |
₹5.3
L/yr
- ₹6.5
L/yr
|
Similar Designation salaries in Axis Max Life Insurance
Top skills at Axis Max Life Insurance for Business Development Manager
Salary related reviews for Axis Max Life Insurance
Discover interview dos and don'ts from real experiences
Top trending discussions
Axis Max Life Insurance Business Development Manager Salary FAQs
The top 10% of Business Development Manager in Mumbai at Axis Max Life Insurance earn more than ₹6.6 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Business Development Manager Salaries at Axis Max Life 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 10+ Axis Max Life Insurance employees in India.
- - Recruitment
- - Management
- - Sales Promotion
- - Networking
- - IRDA
These skills are highly valued at Axis Max Life Insurance and are crucial for successful performance in a Software Engineering role.
| Gallagher | ₹10.0 Lakhs to ₹10.8 Lakhs per year |
| Cholamandalam MS General Insurance | ₹4.5 Lakhs to ₹13.0 Lakhs per year |
| Kotak Mahindara Life Insurance | ₹3.7 Lakhs to ₹10.0 Lakhs per year |
| Star Union Dai-ichi Life Insurance | ₹3.9 Lakhs to ₹6.4 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by Axis Max Life Insurance, depending on the role and experience level.
| SBI Life Insurance Company | ₹3.0 Lakhs to ₹7.0 Lakhs per year |
| Bajaj Allianz Life Insurance | ₹3.7 Lakhs to ₹5.5 Lakhs per year |
| Aditya Birla Sun Life Insurance | ₹4.1 Lakhs to ₹5.0 Lakhs per year |
| Life Insurance Corporation of India | ₹2.8 Lakhs to ₹6.5 Lakhs per year |
| Reliance Nippon Life Insurance | ₹4.0 Lakhs to ₹6.0 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.
| Experience | Average Salary Range |
|---|---|
| 2 years | ₹4.4 Lakhs to ₹5.6 Lakhs per year |
| 3 years | ₹4.5 Lakhs to ₹5.8 Lakhs per year |
| 4 years | ₹4.6 Lakhs to ₹5.9 Lakhs per year |
| 5 years | ₹4.8 Lakhs to ₹6.1 Lakhs per year |
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- Axis Max Life Insurance Business Development Manager Salaries in Mumbai
Axis Max Life Insurance Business Development Manager salary
in
Mumbai
ranges between ₹4
Lakhs to ₹7
Lakhs with an average annual salary of
₹. Salary estimates are based on
14
Axis Max Life Insurance latest salaries received from various employees of
Axis Max Life Insurance.