Annual salary range
5 - 10 years exp.
₹2
Lakhs - ₹5.4
Lakhs
Salary of majority employees
Avg. annual salary
Monthly In-hand Salary
51% less than the average Business Development Manager Salary in Insurance Companies for 5 - 10 years of experience
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Sales & Business Development
Business Development Manager Salary
10
years
exp.
(AmbitionBox Estimate)
|  ₹2.7 L/yr - ₹3.3 L/yr |
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| |
Research & Development
Business Development Manager Salary
6
years
exp.
(AmbitionBox Estimate)
| ₹4.9 L/yr - ₹5.9 L/yr |
Companies similar to Oman Insurance Company for Business Development Manager
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less
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more
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Business Development Manager salary at Oman Insurance Company ranges between ₹2
Lakhs
to ₹5.4
Lakhs
per year for employees with experience between 5 years to 10 years. Salary
estimates are based on
4 latest salaries received
from various employees of Oman Insurance Company.
Experience wise Oman Insurance Company Business Development Manager salaries
Last Updated: 15 Mar 2023
| Experience | Avg Annual Salary |
|---|---|
| 5 years (AmbitionBox Estimate) |
₹4.6
L/yr
- ₹5.9
L/yr
|
| 6 years (AmbitionBox Estimate) |
₹4.1
L/yr
- ₹5.3
L/yr
|
Login to view exact salary
| |
| 7 years (AmbitionBox Estimate) |
₹3.6
L/yr
- ₹4.6
L/yr
|
| 8 years (AmbitionBox Estimate) |
₹3.1
L/yr
- ₹4
L/yr
|
| 9 years (AmbitionBox Estimate) |
₹2.6
L/yr
- ₹3.3
L/yr
|
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Salary Discussions, Hike & Promotions
2w (edited)
peacemaker
·
works at
Georgia-Pacific
New offer. Confused.
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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Oman Insurance Company Business Development Manager Salary FAQs
What is the salary of Business Development Manager at Oman Insurance Company ?
The average salary of a Business Development Manager at Oman Insurance Company in India typically ranges from ₹2.0 Lakhs to ₹5.4 Lakhs per year, depending on experience (from 5 years to 10 years).
The top 10% of Business Development Manager at Oman Insurance Company earn more than ₹5.4 Lakhs per year, and the top 1% earn over ₹5.4 Lakhs per year. Business Development Manager Salaries at Oman Insurance Company 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 Oman Insurance Company employees in India.
The top 10% of Business Development Manager at Oman Insurance Company earn more than ₹5.4 Lakhs per year, and the top 1% earn over ₹5.4 Lakhs per year. Business Development Manager Salaries at Oman Insurance Company 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 Oman Insurance Company employees in India.
What is the estimated take home salary of a Business Development Manager at Oman Insurance Company in India?
The estimated take-home salary of a Business Development Manager at Oman Insurance Company in India typically ranges from ₹27,279 to ₹28,684 per month. This is based on the average salary range of
₹2.0 Lakhs to ₹5.4 Lakhs
per year for employees with experience ranging from 5 years to 10 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 Oman Insurance Company. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Oman Insurance Company 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 |
| Medi Assist India | ₹4.5 Lakhs to ₹11.2 Lakhs per year |
| Cholamandalam MS General Insurance | ₹2.6 Lakhs to ₹13.0 Lakhs per year |
| Kotak Mahindara Life Insurance | ₹2.2 Lakhs to ₹10.3 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by Oman Insurance Company, depending on the role and experience level.
What is the salary of a Business Development Manager in companies similar to Oman Insurance Company in India?
The salary of a Business Development Manager at companies similar to Oman Insurance Company 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.
| Future Generali India Life Insurance | ₹3.5 Lakhs to ₹7.0 Lakhs per year |
| Bajaj Allianz General Insurance | ₹3.5 Lakhs to ₹7.0 Lakhs per year |
| Axis Max Life Insurance | ₹2.0 Lakhs to ₹7.3 Lakhs per year |
| SBI Life Insurance Company | ₹1.9 Lakhs to ₹7.0 Lakhs per year |
| Star Union Dai-ichi Life Insurance | ₹2.3 Lakhs to ₹9.0 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 Oman Insurance Company in India?
The salary growth for a Business Development Manager at Oman Insurance Company depends on factors such as experience, performance, and promotions. On average, a Business Development Manager can expect the following growth trajectory at Oman Insurance Company:
and so on.
| Experience | Average Salary Range |
|---|---|
| 5 years | ₹4.6 Lakhs to ₹5.9 Lakhs per year |
| 6 years | ₹4.1 Lakhs to ₹5.3 Lakhs per year |
| 7 years | ₹3.6 Lakhs to ₹4.6 Lakhs per year |
| 8 years | ₹3.1 Lakhs to ₹4.0 Lakhs per year |
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Oman Insurance Company Business Development Manager salary
in
India
ranges between ₹2
Lakhs to ₹5.4
Lakhs with an average annual salary of
₹
. Salary estimates are based on
4
Oman Insurance Company latest salaries received from various employees of
Oman Insurance Company.