Nova Benefits Business Head Salaries by 4 Employees (Updated 2024)

5 - 13 years exp.

₹42 Lakhs - ₹93 Lakhs

Low Confidence

Salary of majority employees

129% more than the average Business Head Salary in Insurance Companies for 5 - 13 years of experience

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Salaries in different departments

Customer Success, Service & Operations Business Head Salary 13 years exp. (AmbitionBox Estimate)	₹76 L/yr - ₹84 L/yr
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Strategic & Top Management Business Head Salary 5 years exp. (AmbitionBox Estimate)	₹88.4 L/yr - ₹97.7 L/yr

Last Updated: 4 Dec 2024

Companies similar to Nova Benefits for Business Head

Company name	Avg Annual Salary	Open Jobs
Star Health & Allied Insurance Business Head Salary 16 - 22 years exp. (3 salaries)	₹55 L/yr - ₹60 L/yr 21% less
Unison Insurance Broking Services Business Head Salary 14 - 32 years exp. (4 salaries)	₹28 L/yr - ₹53 L/yr 45% less
Login to view exact salary
Toffee Insurance Business Head Salary 6 - 16 years exp. (4 salaries)	₹13 L/yr - ₹19 L/yr 78% less
Futurisk Insurance Broking Business Head Salary 11 - 18 years exp. (3 salaries)	₹14 L/yr - ₹35 L/yr 66% less
BYJU'S Business Head Salary 6 - 14 years exp. (42 salaries)	₹15 L/yr - ₹24 L/yr 74% less

Business Head salary at Nova Benefits ranges between ₹42 Lakhs to ₹93 Lakhs per year for employees with experience between 5 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of Nova Benefits.

Experience wise Nova Benefits Business Head salaries

Last Updated: 4 Dec 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹88.4 L/yr - ₹97.7 L/yr
6 years (AmbitionBox Estimate)	₹37.8 L/yr - ₹48.3 L/yr
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12 years (AmbitionBox Estimate)	₹76 L/yr - ₹84 L/yr
13 years (AmbitionBox Estimate)	₹76 L/yr - ₹84 L/yr

Similar Designation salaries in Nova Benefits

Sales Head Salary

(AmbitionBox Estimate)

₹12.2 L/yr - ₹15.5 L/yr

Director Salary

(AmbitionBox Estimate)

₹78.9 L/yr - ₹87.2 L/yr

General Manager Salary

(AmbitionBox Estimate)

₹31.5 L/yr - ₹40.3 L/yr

Associate Director Salary

(AmbitionBox Estimate)

₹52.3 L/yr - ₹57.8 L/yr

Operations Manager Salary

(AmbitionBox Estimate)

₹9.5 L/yr - ₹12.1 L/yr

Vice President Sales Salary

(AmbitionBox Estimate)

₹52.3 L/yr - ₹57.8 L/yr

Business Development Manager Salary

(AmbitionBox Estimate)

₹11.7 L/yr - ₹15 L/yr

Assistant Vice President Salary

(5 salaries)

₹15 L/yr - ₹18.8 L/yr

Salary related reviews for Nova 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.

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

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

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!

Dislikes

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

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.

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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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Nova Benefits Business Head Salary FAQs

What is the salary of Business Head at Nova Benefits?

Business Head salary at Nova Benefits in India ranges between ₹42.0 Lakhs to ₹93.0 Lakhs for experience between 5 years to 13 years. According to our estimates it is 129% more than the average Business Head Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Nova Benefits India.

How does the salary of a Business Head at Nova Benefits India compare with the average salary range for this job?

The average salary of a Business Head at Nova Benefits is 129% more than the average salary of a Business Head in India. To know exact salary insights, login to view.

What is the salary of a Business Head in companies similar to Nova Benefits in India?

Star Health & Allied Insurance Business Head Salary - ₹55.0 Lakhs to ₹60.0 Lakhs per year
Unison Insurance Broking Services Business Head Salary - ₹28.0 Lakhs to ₹53.0 Lakhs per year
Futurisk Insurance Broking Business Head Salary - ₹14.0 Lakhs to ₹35.0 Lakhs per year
BYJU'S Business Head Salary - ₹15.0 Lakhs to ₹24.0 Lakhs per year
Toffee Insurance Business Head Salary - ₹13.0 Lakhs to ₹19.0 Lakhs per year

What is the estimated take home salary of a Business Head at Nova Benefits in India?

The estimated take-home salary of a Business Head at Nova Benefits ranges between ₹4,06,700 per month to ₹4,19,401 per month in India. The take-home salary calculation is based on the average Nova Benefits Business Head salary in India which ranges between ₹42.0 Lakhs to ₹93.0 Lakhs per year for employees with experience between 5 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Business Head at Nova Benefits?

According to AmbitionBox, 100% of the Nova Benefits Business Heads reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Nova Benefits Business Head Salaries

Nova Benefits Business Head salary in India ranges between ₹42 Lakhs to ₹93 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Nova Benefits latest salaries received from various employees of Nova Benefits.