Nova Benefits Business Development Executive Salaries by 3 Employees (Updated 2025)

1 - 4 years exp.

₹3.5 Lakhs - ₹8.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

54% more than the average Business Development Executive Salary in Insurance Companies for 1 - 4 years of experience

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Last Updated: 20 Mar 2025

Companies similar to Nova Benefits for Business Development Executive

Company name	Avg Annual Salary	Open Jobs
Easypolicy.com Business Development Executive Salary 0 - 4 years exp. (5 salaries)	₹2 L/yr - ₹3.1 L/yr 56% less
Salasar Services Insurance Brokers Business Development Executive Salary 0 - 2 years exp. (5 salaries)	₹3.1 L/yr - ₹8 L/yr 2% more
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Docland Business Development Executive Salary 1 - 7 years exp. (5 salaries)	₹1.8 L/yr - ₹2.6 L/yr 62% less
Spectrum Insurance Distribution Business Development Executive Salary 0 - 2 years exp. (3 salaries)	₹2 L/yr - ₹3.6 L/yr 52% less
BYJU'S Business Development Executive Salary 0 - 7 years exp. (3.2k salaries)	₹1 L/yr - ₹8 L/yr 29% less

Business Development Executive salary at Nova Benefits ranges between ₹3.5 Lakhs to ₹8.2 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 3 latest salaries received from various employees of Nova Benefits.

Experience wise Nova Benefits Business Development Executive salaries

Last Updated: 20 Mar 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
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4 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr

Similar Designation salaries in Nova Benefits

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(AmbitionBox Estimate)

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₹6 L/yr - ₹10.5 L/yr

Business Development Manager Salary

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₹11.7 L/yr - ₹15 L/yr

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Sales Manager Salary

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Salary related reviews for Nova Benefits

5.0

Rated by 1 employees for salary & benefits

Relationship Manager in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 24 Mar 2025

2.0

for Salary and Benefits

Likes

Nova provides some benefits like 3 times meals and monthly once or quarterly once party at office.

Company culture - Good

Dislikes

... handle client and customer,which you get call anytime and have to support them. Salary - having a good experience, but the salary is not been paid well. The HR Should look into it, if the experience candidate is hired so they should pay as atleast decent salary. Promotion - you should engage with all in company and work smarter and have a confident to ask promotion and follow up as much as possible to get promoted.

Salary - Poor

+4 more

General Manager in New Delhi

Full Time

Sales & Business Development Department

5.0

• posted on 11 Aug 2024

5.0

for Salary and Benefits

Likes

Excellent exposure and avenues to learn. No micromanagement and one has the liberty to experiment with ideas.

Salary - Excellent

+6 more

Dislikes

HR team seems to be carried away and often seems working as founder’s office staff than being HRs. Identification of unique strengths of people and utilising them in the right direction is something that’s been hugely missed out.

Executive Accountant in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

1.0

• posted on 11 Oct 2023

2.0

for Salary and Benefits

Likes

Nothing

Dislikes

Hire and fire policy, hardly any time to find your footing as an employee. Employees are treated like furniture that can be thrown out whenever management decides. Ruined the career of many employees due to the short tenure which is listed on the CVs

Salary - Poor

+6 more

Functional Lead (working remotely)

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 16 Oct 2023

4.0

for Salary and Benefits

Likes

1. Problems in the company are discussed openly and transparently to arrive at solutions 2. Company is people centric and makes the effort to take care of the team in different ways 3. Working towards building a sustainable and growing business

Salary - Good

+6 more

Dislikes

Nothing

Demand Generation Associate in Bangalore / Bengaluru

Growth Department

4.0

• posted on 26 Oct 2022

4.0

for Salary and Benefits

Likes

Nova Benefits has an excellent work culture and a very positive environment to work on. I started out as an Intern and have been converted to a full-timer. In the six months of being associated with the company, I've learnt a great deal. The amount of learnings one can have is immeasurable. One can don a lot of caps and earn immense insights from it. The work timings are quite flexible and the perks that are offered are great!

Salary - Good

+4 more

Dislikes

There are no genuine dislikes about the company, except for the fact that some days, one may need to stretch longer than usual

Job security - Poor

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Salary Discussions, Hike & Promotions

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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Nova Benefits Business Development Executive Salary FAQs

How the salary growth look like for a Business Development Executive at Nova Benefits in India?

The salary growth for a Business Development Executive at Nova Benefits depends on factors such as experience, performance, and promotions. On average, a Business Development Executive can expect the following growth trajectory at Nova Benefits:

Experience	Average Salary Range
1 year	₹5.2 Lakhs to ₹6.7 Lakhs per year
4 years	₹5.9 Lakhs to ₹7.5 Lakhs per year

and so on.

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Nova Benefits Business Development Executive Salaries

Nova Benefits Business Development Executive salary in India ranges between ₹3.5 Lakhs to ₹8.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Nova Benefits latest salaries received from various employees of Nova Benefits.