Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by MDIndia Health Insurance TPA Team. If you also belong to the team, you can get access from here

MDIndia Health Insurance TPA Verified Tick

Compare button icon Compare button icon Compare
filter salariesFilter salaries by

MDIndia Health Insurance TPA Business Development Manager salaries in India

Annual salary range
3 - 17 years exp.
₹4 Lakhs - ₹7 Lakhs
Low Confidence
info icon
Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
unlock blur
Fixed
unlock blur Lakhs
Variable
unlock blur Lakh

Monthly In-hand Salary

unlock blur

27% less than the average Business Development Manager Salary in Insurance Companies for 3 - 17 years of experience

Interested in this particular role?

Salaries in different departments

Customer Success, Service & Operations
Business Development Manager Salary
11 - 17 years exp. (AmbitionBox Estimate)
unlock-blur

₹6 L/yr - ₹7 L/yr

Marketing & Communication
Business Development Manager Salary
3 - 4 years exp. (AmbitionBox Estimate)
unlock-blur

₹3.6 L/yr - ₹4.4 L/yr

Last Updated: 19 May 2024

Companies similar to MDIndia Health Insurance TPA for Business Development Manager

Company name Avg Annual Salary Open Jobs
Logo
HDFC Life Business Development Manager Salary

0 - 11 years exp. (1.4k salaries)

unlock blur

₹1.8 L/yr - ₹5 L/yr

arrow icon 33% less
12 job openings
unlock blur

₹1.9 L/yr - ₹7 L/yr

arrow icon 12% less
unlock blur

₹1.6 L/yr - ₹5.3 L/yr

arrow icon 32% less
13 job openings
unlock blur

₹3 L/yr - ₹6 L/yr

arrow icon 19% less
3 job openings
unlock blur

₹3 L/yr - ₹5.5 L/yr

arrow icon 25% less
unlock blur

₹2.3 L/yr - ₹5 L/yr

arrow icon 30% less
unlock blur

₹1.5 L/yr - ₹6 L/yr

arrow icon 43% less
unlock blur

₹3.4 L/yr - ₹6 L/yr

arrow icon 17% less
unlock blur

₹1.1 L/yr - ₹8.2 L/yr

arrow icon 29% less
unlock blur

₹1.5 L/yr - ₹6 L/yr

arrow icon 24% less
unlock blur

₹2 L/yr - ₹7 L/yr

arrow icon 29% less
Logo
Tata AIG Business Development Manager Salary

2 - 10 years exp. (18 salaries)

unlock blur

₹3.1 L/yr - ₹6 L/yr

arrow icon 21% less
Logo
unlock blur

₹2 L/yr - ₹5.8 L/yr

arrow icon 29% less
1 job opening
unlock blur

₹2.5 L/yr - ₹6.2 L/yr

arrow icon 18% less
unlock blur

₹3.4 L/yr - ₹10.7 L/yr

arrow icon 34% more
unlock blur

₹4.4 L/yr - ₹7.8 L/yr

arrow icon 39% more
Logo
Gallagher Business Development Manager Salary

4 - 14 years exp. (3 salaries)

unlock blur

₹10 L/yr - ₹10.8 L/yr

arrow icon 86% more
Business Development Manager salary at MDIndia Health Insurance TPA ranges between ₹4 Lakhs to ₹7 Lakhs per year for employees with experience between 3 years to 17 years. Salary estimates are based on 4 latest salaries received from various employees of MDIndia Health Insurance TPA.

Latest annual salaries shared by MDIndia Health Insurance TPA Business Development Manager

7mo ago
₹7 Lakhs
17 years exp.
9mo ago
₹4 Lakhs
4 years exp.
1y ago
₹4 Lakhs
3 years exp.
1y ago
₹6 Lakhs
11 years exp.

Experience wise MDIndia Health Insurance TPA Business Development Manager salaries

Last Updated: 19 May 2024

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

unlock blur

₹4 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)

unlock blur

₹4 L/yr - ₹7.4 L/yr
5 years (AmbitionBox Estimate)

unlock blur

₹3.9 L/yr - ₹5 L/yr
6 years (AmbitionBox Estimate)

unlock blur

₹4.1 L/yr - ₹5.3 L/yr
7 years (AmbitionBox Estimate)

unlock blur

₹4.3 L/yr - ₹5.5 L/yr
View all

Similar Designation salaries in MDIndia Health Insurance TPA

unlock blur
₹2.8 L/yr - ₹3.6 L/yr
unlock blur
₹3.6 L/yr - ₹4.6 L/yr
unlock blur
₹3.05 L/yr - ₹14 L/yr
Senior Sales Manager Salary
(AmbitionBox Estimate)
unlock blur
₹7.7 L/yr - ₹9.8 L/yr
Deputy Manager Salary
(5 salaries)
unlock blur
₹4.45 L/yr - ₹7 L/yr
Store Manager Salary
(AmbitionBox Estimate)
unlock blur
₹3.5 L/yr - ₹4.5 L/yr
Branch Manager Salary
(9 salaries)
unlock blur
₹4.6 L/yr - ₹7.6 L/yr
Marketing Manager Salary
(AmbitionBox Estimate)
unlock blur
₹6.5 L/yr - ₹8.3 L/yr
Relationship Manager Salary
(AmbitionBox Estimate)
unlock blur
₹4 L/yr - ₹5.1 L/yr
Sales Manager Salary
(AmbitionBox Estimate)
unlock blur
₹10 L/yr - ₹12.8 L/yr

Top skills at MDIndia Health Insurance TPA for Business Development Manager

Health Insurance TPA Insurance Broking HR Business Development Management General Insurance Claims Processing Operations Claims Management Employee Training LI Claims Adjudication Mediclaim Insurance Claims Business Planning

Salary related reviews for MDIndia Health Insurance TPA

Full Time

 · 

Other Department

1.0
  •  posted on 27 Mar 2023

1.0
 for  Salary and Benefits

Likes

This workplace is not meant for the person who is bread earner for the family as the pay is chiller pay which is not meant to satisfy One's daily needs.

read more
  • Skill development - Excellent
  • +1 more

Dislikes

The managers are worse than animals especially at Bangalore PIMS Team. They are uncivilised, donkeys. Don't know who has appointed them as Managers. PIMS team managers at Bangalore Branch are of stone hearted idiots. That's why the team members have resigned including myself.

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 10 Nov 2023

3.0
 for  Salary and Benefits

Likes

I am not stress for working time so first likes MD India company. Then peoples are respect to me and more hope also to me. I likes more for this company.

read more
  • Skill development - Good
  • +3 more

Dislikes

salary is a uncomfortable because you know our country all products cost also very high. Please increased our coordinator salary.This not only my problem all insurance coordinaor problems.

read more

Full Time

 · 

Healthcare & Life Sciences Department

3.0
  •  posted on 21 Jun 2024

2.0
 for  Salary and Benefits

Likes

Great work environment and strong work ethic"

Dislikes

Salary structure, appraisal system, and increment policies do not adequately recognize or value the contributions of remote employees, especially in comparison to employees in metropolitan areas.

read more
  • Salary - Poor
  • +1 more

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 07 Dec 2023

3.0
 for  Salary and Benefits

Likes

1. Co - operative staff 2. Flexible shift time 3. Week off on 2 sat 4. time to time payment 5. Canteen facility 6.healthy working culture 7. People take retirement from this company

read more
  • Job security - Excellent
  • +3 more

Dislikes

1. Increment is not satisfactory 2. Salary is received less 3. Need to improve salary structure and promotional policy

read more

Full Time

 · 

Other Department

5.0
  •  posted on 21 Jun 2023

4.0
 for  Salary and Benefits

Likes

Work station Is Good. I have completed 5Years As medical billing and claim processing

  • Salary - Good
  • +5 more

Dislikes

Increment and promotion Are very poor. Joining salary is good but after that increment its very little approx 5%-10%.

read more
see more salary related reviews

Discover interview dos and don'ts from real experiences

MDIndia Health Insurance TPA Business Development Manager Salary FAQs

What is the salary of Business Development Manager at MDIndia Health Insurance TPA ?
The average salary of a Business Development Manager at MDIndia Health Insurance TPA in India typically ranges from ₹4.0 Lakhs to ₹7.0 Lakhs per year, depending on experience (from 3 years to 17 years).

The top 10% of Business Development Manager at MDIndia Health Insurance TPA earn more than ₹7.0 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Business Development Manager Salaries at MDIndia Health Insurance TPA 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 4 MDIndia Health Insurance TPA employees in India.
What is the estimated take home salary of a Business Development Manager at MDIndia Health Insurance TPA in India?
The estimated take-home salary of a Business Development Manager at MDIndia Health Insurance TPA in India typically ranges from ₹41,660 to ₹42,800 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from 3 years to 17 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 4 salaries received from various employees of MDIndia Health Insurance TPA. 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 MDIndia Health Insurance TPA ?
To be a Business Development Manager at MDIndia Health Insurance TPA in india, the key skills required include:

  • - Health Insurance
  • - TPA
  • - Insurance Broking
  • - HR
  • - Business Development Management

These skills are highly valued at MDIndia Health Insurance TPA and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than MDIndia Health Insurance TPA for Business Development Manager in India?
Gallagher ₹10.0 Lakhs to ₹10.8 Lakhs per year
Reliance General Insurance ₹4.4 Lakhs to ₹7.8 Lakhs per year
Iffco Tokio General Insurance Co. ₹3.4 Lakhs to ₹10.7 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by MDIndia Health Insurance TPA, depending on the role and experience level.
What is the salary of a Business Development Manager in companies similar to MDIndia Health Insurance TPA in India?
The salary of a Business Development Manager at companies similar to MDIndia Health Insurance TPA in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SBI Life Insurance Company ₹1.9 Lakhs to ₹7.0 Lakhs per year
Aditya Birla Health Insurance Co ₹3.4 Lakhs to ₹6.0 Lakhs per year
Canara HSBC Life Insurance ₹2.5 Lakhs to ₹6.2 Lakhs per year
Bajaj Allianz Life Insurance ₹3.0 Lakhs to ₹6.0 Lakhs per year
Tata AIG ₹3.1 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.
How the salary growth look like for a Business Development Manager at MDIndia Health Insurance TPA in India?
The salary growth for a Business Development Manager at MDIndia Health Insurance TPA depends on factors such as experience, performance, and promotions. On average, a Business Development Manager can expect the following growth trajectory at MDIndia Health Insurance TPA:

Experience Average Salary Range
3 years ₹4.0 Lakhs to ₹4.0 Lakhs per year
4 years ₹4.0 Lakhs to ₹7.4 Lakhs per year
5 years ₹3.9 Lakhs to ₹5.0 Lakhs per year
6 years ₹4.1 Lakhs to ₹5.3 Lakhs per year
and so on.

Tell us how to improve this page.

MDIndia Health Insurance TPA Business Development Manager salary in India ranges between ₹4 Lakhs to ₹7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 MDIndia Health Insurance TPA latest salaries received from various employees of MDIndia Health Insurance TPA.