Annual salary range
4 - 18 years exp.
₹5.3
Lakhs - ₹8.2
Lakhs
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary41% less than the average Senior Business Development Manager Salary in Insurance Companies for 4 - 18 years of experience
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Salaries in different departments
Sales & Business Development
Senior Business Development Manager Salary
4 - 15
years
exp.
(7
salaries)
|  ₹5.3 L/yr - ₹7.7 L/yr |
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| |
BFSI, Investments & Trading
Senior Business Development Manager Salary
13 - 18
years
exp.
(3
salaries)
| ₹6 L/yr - ₹7.7 L/yr |
Companies similar to Axis Max Life Insurance for Senior Business Development Manager
17%
less
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more
Senior Business Development Manager salary at Axis Max Life Insurance ranges between ₹5.3
Lakhs
to ₹8.2
Lakhs
per year for employees with experience between 4 years to 18 years. Salary
estimates are based on
14 latest salaries received
from various employees of Axis Max Life Insurance.
Latest annual salaries shared by Axis Max Life Insurance Senior Business Development Manager
1mo ago
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years
exp.
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years
exp.
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years
exp.
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years
exp.
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years
exp.
1y ago
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exp.
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Experience wise Axis Max Life Insurance Senior Business Development Manager salaries
Last Updated: 11 Jan 2025
| Experience | Avg Annual Salary |
|---|---|
| 4 years (AmbitionBox Estimate) |
₹6
L/yr
- ₹12.3
L/yr
|
| 5 years (AmbitionBox Estimate) |
₹6.1
L/yr
- ₹7.8
L/yr
|
Login to view exact salary
| |
| 6 years (3 salaries) |
₹5.3
L/yr
- ₹7.3
L/yr
|
| 7 years (AmbitionBox Estimate) |
₹6
L/yr
- ₹7.7
L/yr
|
| 8 years (AmbitionBox Estimate) |
₹6
L/yr
- ₹12
L/yr
|
View all
Similar Designation salaries in Axis Max Life Insurance
Top skills at Axis Max Life Insurance for Senior Business Development Manager
Recruitment
Sales
Performance Management
Proposal Development
Business Development Management
Business Development
Monitoring
Direct Sales
IRDA
Sales Process
Financial Services
Marketing
Key Account Management
Relationship Management
Deployment
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2w
a manager - business analyst
Shifting from Bangalore to Hyderabad
I’m working in Bangalore for last 9 years. Currently I got 2 offers.
1. CTS - Bangalore (CTC - 22.7 LPA)
2. Deloitte - Hyderabad (CTC - 24.2 LPA)
Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ?
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Axis Max Life Insurance Senior Business Development Manager Salary FAQs
What is the salary of Senior Business Development Manager at Axis Max Life Insurance ?
The average salary of a Senior Business Development Manager at Axis Max Life Insurance in India typically ranges from ₹5.3 Lakhs to ₹8.2 Lakhs per year, depending on experience (from 4 years to 18 years).
The top 10% of Senior Business Development Manager at Axis Max Life Insurance earn more than ₹7.7 Lakhs per year, and the top 1% earn over ₹8.2 Lakhs per year. Senior 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 Senior Business Development Manager at Axis Max Life Insurance earn more than ₹7.7 Lakhs per year, and the top 1% earn over ₹8.2 Lakhs per year. Senior 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 Senior Business Development Manager at Axis Max Life Insurance in India?
The estimated take-home salary of a Senior Business Development Manager at Axis Max Life Insurance in India typically ranges from ₹49,950 to ₹51,129 per month. This is based on the average salary range of
₹5.3 Lakhs to ₹8.2 Lakhs
per year for employees with experience ranging from 4 years to 18 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 Senior Business Development Manager at Axis Max Life Insurance ?
To be a Senior Business Development Manager at Axis Max Life Insurance in india, 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
- - Sales
- - Performance Management
- - Proposal Development
- - Business Development Management
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 Senior Business Development Manager in India?
| Aditya Birla Sun Life Insurance | ₹10.5 Lakhs to ₹13.0 Lakhs per year |
| Cholamandalam MS General Insurance | ₹7.5 Lakhs to ₹12.4 Lakhs per year |
| ICICI Lombard General Insurance Company | ₹3.8 Lakhs to ₹14.0 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 Senior Business Development Manager in companies similar to Axis Max Life Insurance in India?
The salary of a Senior Business Development Manager at companies similar to Axis Max Life Insurance in India 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.
| PNB MetLife | ₹5.0 Lakhs to ₹7.8 Lakhs per year |
| SBI Life Insurance Company | ₹3.4 Lakhs to ₹8.5 Lakhs per year |
| Reliance Nippon Life Insurance | ₹4.4 Lakhs to ₹8.2 Lakhs per year |
| Kotak Mahindara Life Insurance | ₹3.6 Lakhs to ₹6.5 Lakhs per year |
| SBI General Insurance | ₹3.4 Lakhs to ₹8.0 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.
How the salary growth look like for a Senior Business Development Manager at Axis Max Life Insurance in India?
The salary growth for a Senior Business Development Manager at Axis Max Life Insurance depends on factors such as experience, performance, and promotions. On average, a Senior Business Development Manager can expect the following growth trajectory at Axis Max Life Insurance:
and so on.
| Experience | Average Salary Range |
|---|---|
| 4 years | ₹6.0 Lakhs to ₹12.3 Lakhs per year |
| 5 years | ₹6.1 Lakhs to ₹7.8 Lakhs per year |
| 6 years | ₹5.3 Lakhs to ₹7.3 Lakhs per year |
| 7 years | ₹6.0 Lakhs to ₹7.7 Lakhs per year |
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Axis Max Life Insurance Senior Business Development Manager Salaries by Location
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Axis Max Life Insurance Senior Business Development Manager salary
in
India
ranges between ₹5.3
Lakhs to ₹8.2
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.