Annual salary range
2 - 9 years exp.
₹2.2
Lakhs - ₹7
Lakhs
Salary of majority employees
Avg. annual salary
Monthly In-hand Salary
35% less than the average Business Development Manager Salary in Insurance Companies for 2 - 9 years of experience
Interested in this particular role? 3 job openings
Salaries in different departments
Sales & Business Development
Business Development Manager Salary
2 - 7
years
exp.
(3
salaries)
|  ₹2.2 L/yr - ₹7 L/yr |
BFSI, Investments & Trading
Business Development Manager Salary
4 - 9
years
exp.
(AmbitionBox Estimate)
| ₹3.6 L/yr - ₹6.5 L/yr |
Login to view exact salary
| |
Marketing & Communication
Business Development Manager Salary
3 - 4
years
exp.
(AmbitionBox Estimate)
| ₹4 L/yr - ₹5.2 L/yr |
Companies similar to Axis Max Life Insurance for Business Development Manager in New Delhi
Axis Max Life Insurance
Business Development Manager Salary
2 - 9 years exp. (12 salaries) |  ₹2.2 L/yr - ₹7 L/yr |
vs
19%
less
9%
more
Business Development Manager salary at Axis Max Life Insurance ranges between ₹2.2
Lakhs
to ₹7
Lakhs
per year for employees with experience between 2 years to 9 years. Salary
estimates are based on
12 latest salaries received
from various employees of Axis Max Life Insurance.
Experience wise Axis Max Life Insurance Business Development Manager salaries in New Delhi
Last Updated: 7 Nov 2024
| Experience | Avg Annual Salary |
|---|---|
| 2 years (AmbitionBox Estimate) |
₹3.8
L/yr
- ₹4.9
L/yr
|
| 3 years (AmbitionBox Estimate) |
₹3.9
L/yr
- ₹5
L/yr
|
Login to view exact salary
| |
| 4 years (3 salaries) |
₹3.6
L/yr
- ₹8.1
L/yr
|
| 5 years (3 salaries) |
₹4.5
L/yr
- ₹5
L/yr
|
| 6 years (AmbitionBox Estimate) |
₹4.3
L/yr
- ₹5.5
L/yr
|
View all
Similar Designation salaries in Axis Max Life Insurance
Top skills at Axis Max Life Insurance for Business Development Manager
Recruitment
Management
Sales Promotion
Networking
IRDA
Monitoring
IRDA
Relationship Building
Team Development
Relationship Building
Recruitment
CCTV Monitoring
Sales Promotion
Team Development
Computer Networking
Salary related reviews for Axis Max Life Insurance
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Top trending discussions
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Salary Discussions, Hike & Promotions
2w (edited)
peacemaker
·
works at
Georgia-Pacific
New offer. Confused.
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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Axis Max Life Insurance Business Development Manager Salary FAQs
What is the salary of Business Development Manager at Axis Max Life Insurance in New Delhi?
The average salary of a Business Development Manager at Axis Max Life Insurance in New Delhi typically ranges from ₹2.2 Lakhs to ₹7.0 Lakhs per year, depending on experience (from 2 years to 9 years).
The top 10% of Business Development Manager in New Delhi 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.
The top 10% of Business Development Manager in New Delhi 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.
What is the estimated take home salary of a Business Development Manager at Axis Max Life Insurance in New Delhi?
The estimated take-home salary of a Business Development Manager at Axis Max Life Insurance in New Delhi typically ranges from ₹35,371 to ₹36,605 per month. This is based on the average salary range of
₹2.2 Lakhs to ₹7.0 Lakhs
per year for employees with experience ranging from 2 years to 9 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 10+ salaries received from various employees of Axis Max Life Insurance. 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 Axis Max Life Insurance in New Delhi?
To be a Business Development Manager at Axis Max Life Insurance in New Delhi, the key skills required include:
These skills are highly valued at Axis Max Life Insurance and are crucial for successful performance in a Software Engineering role.
- - 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.
Which companies offer higher salaries than Axis Max Life Insurance for Business Development Manager in India?
| Magma HDI General Insurance | ₹9.0 Lakhs to ₹13.6 Lakhs per year |
| Cholamandalam MS General Insurance | ₹3.2 Lakhs to ₹12.0 Lakhs per year |
| Star Union Dai-ichi Life Insurance | ₹2.8 Lakhs to ₹7.5 Lakhs per year |
| Kotak Mahindara Life Insurance | ₹3.7 Lakhs to ₹7.5 Lakhs per year |
| SBI Life Insurance Company | ₹3.0 Lakhs to ₹6.5 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.
What is the salary of a Business Development Manager in companies similar to Axis Max Life Insurance in New Delhi?
The salary of a Business Development Manager at companies similar to Axis Max Life Insurance in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:
These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
| Bajaj Allianz General Insurance | ₹4.2 Lakhs to ₹5.2 Lakhs per year |
| ICICI Lombard General Insurance Company | ₹3.0 Lakhs to ₹8.0 Lakhs per year |
| Bajaj Allianz Life Insurance | ₹3.9 Lakhs to ₹5.5 Lakhs per year |
| Reliance Nippon Life Insurance | ₹2.1 Lakhs to ₹5.6 Lakhs per year |
| Aditya Birla Sun Life Insurance | ₹3.0 Lakhs to ₹5.3 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 Axis Max Life Insurance in New Delhi?
The salary growth for a Business Development Manager at Axis Max Life Insurance in New Delhi depends on factors such as experience, performance, and promotions. On average, a Business Development Manager in New Delhi can expect the following growth trajectory at Axis Max Life Insurance:
and so on.
| Experience | Average Salary Range |
|---|---|
| 2 years | ₹3.8 Lakhs to ₹4.9 Lakhs per year |
| 3 years | ₹3.9 Lakhs to ₹5.0 Lakhs per year |
| 4 years | ₹3.6 Lakhs to ₹8.1 Lakhs per year |
| 5 years | ₹4.5 Lakhs to ₹5.0 Lakhs per year |
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- Axis Max Life Insurance Business Development Manager Salaries in New Delhi
Axis Max Life Insurance Business Development Manager salary
in
New Delhi
ranges between ₹2.2
Lakhs to ₹7
Lakhs with an average annual salary of
₹
. Salary estimates are based on
12
Axis Max Life Insurance latest salaries received from various employees of
Axis Max Life Insurance.