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

1 - 4 years exp.

₹3.5 Lakhs - ₹8.2 Lakhs

Low Confidence

Salary of majority employees

55% more than the average Business Development Executive Salary in Insurance Companies for 1 - 4 years of experience

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Salaries in different departments

Customer Success, Service & Operations Business Development Executive Salary 4 years exp. (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.2 L/yr
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Sales & Business Development Business Development Executive Salary 1 year exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 28 Dec 2024

Companies similar to Nova Benefits for Business Development Executive

Company name	Avg Annual Salary	Open Jobs
Niva Bupa Health Insurance Company Business Development Executive Salary 1 - 3 years exp. (4 salaries)	₹2.5 L/yr - ₹2.9 L/yr 55% less
Star Health & Allied Insurance Business Development Executive Salary 0 - 4 years exp. (9 salaries)	₹1.8 L/yr - ₹4.5 L/yr 51% less
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ICICI Lombard General Insurance Company Business Development Executive Salary 0 - 8 years exp. (128 salaries)	₹2.5 L/yr - ₹6.9 L/yr 14% less
HDFC Ergo General Insurance Business Development Executive Salary 1 - 6 years exp. (8 salaries)	₹1.8 L/yr - ₹4.8 L/yr 48% less
Care Health Insurance Business Development Executive Salary 0 - 9 years exp. (7 salaries)	₹1.2 L/yr - ₹5 L/yr 48% less
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
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 - 1 year exp. (3 salaries)	₹2 L/yr - ₹3.6 L/yr 52% 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: 28 Dec 2024

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

Business Development Associate Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Business Development Representative Salary

(5 salaries)

₹6 L/yr - ₹10.5 L/yr

Business Development Manager Salary

(AmbitionBox Estimate)

₹11.7 L/yr - ₹15 L/yr

Sales Development Representative Salary

(AmbitionBox Estimate)

₹4.9 L/yr - ₹6.2 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹7.9 L/yr - ₹10.1 L/yr

Marketing Executive Salary

(AmbitionBox Estimate)

₹8.6 L/yr - ₹10.9 L/yr

Business Analyst Salary

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₹6.5 L/yr - ₹11 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Relationship Manager Salary

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₹7 L/yr - ₹8 L/yr

Salary related reviews for Nova Benefits

5.0

Rated by 1 employees for salary & benefits

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

Associate Director - Product in Koramangala, Maharaja Signal

Product Development Department

5.0

• posted on 31 Oct 2022

4.0

for Salary and Benefits

Likes

Nova runs on strong culture with the first principles of thinking in every decision made, this is a place to be if you are looking for a very structured and encouraging way to learn, grow and uplift your career. This is a place where it's truly employees first, all employees' feedback is taken very seriously and the team is very proactive in executing these suggestions. As an example, every employee is given 2 days off every 45 days to take care of their well-being. Nova is a place where you will always feel at home.

Salary - Good

+6 more

Dislikes

None to be in specific, given it's a startup you have to carry lot of enthusiasm to learn and go little beyond your comfort zone.

see more salary related reviews

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Nova Benefits Business Development Executive Salary FAQs

What is the notice period for Business Development Executive at Nova Benefits?

According to AmbitionBox, 100% of the Nova Benefits Business Development Executives reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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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.