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Oman Insurance Company Business Development Manager salaries in India

Annual salary range
5 - 10 years exp.
₹2 Lakhs - ₹5.4 Lakhs
Salary of majority employees
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51% less than the average Business Development Manager Salary in Insurance Companies for 5 - 10 years of experience

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Salaries in different departments

Sales & Business Development
Business Development Manager Salary
10 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.3 L/yr

Research & Development
Business Development Manager Salary
6 years exp. (AmbitionBox Estimate)
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₹4.9 L/yr - ₹5.9 L/yr

Last Updated: 15 Mar 2023

Companies similar to Oman Insurance Company for Business Development Manager

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

0 - 11 years exp. (1.4k salaries)

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₹1.8 L/yr - ₹5 L/yr

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13 job openings
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₹1.9 L/yr - ₹7 L/yr

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₹1.6 L/yr - ₹5.3 L/yr

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6 job openings
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₹2 L/yr - ₹7.3 L/yr

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8 job openings
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₹2.6 L/yr - ₹6.2 L/yr

arrow icon 13% more
1 job opening
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₹3 L/yr - ₹5.5 L/yr

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₹2.3 L/yr - ₹5 L/yr

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₹3.2 L/yr - ₹6 L/yr

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2 job openings
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₹2 L/yr - ₹10.3 L/yr

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1 job opening
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₹3.5 L/yr - ₹7 L/yr

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9 job openings
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₹3.4 L/yr - ₹6 L/yr

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₹2.3 L/yr - ₹9 L/yr

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10 job openings
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₹2.4 L/yr - ₹8.8 L/yr

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₹2.8 L/yr - ₹13 L/yr

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₹1.1 L/yr - ₹8.2 L/yr

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₹1.5 L/yr - ₹6 L/yr

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₹2 L/yr - ₹7 L/yr

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₹3.5 L/yr - ₹7 L/yr

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Tata AIG Business Development Manager Salary

2 - 10 years exp. (18 salaries)

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₹3.1 L/yr - ₹6 L/yr

arrow icon 17% more
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₹2.7 L/yr - ₹5.4 L/yr

arrow icon 12% more
View all
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.

Latest annual salaries shared by Oman Insurance Company Business Development Manager

1y ago
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10 years exp.
1y ago
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6 years exp.
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5 years exp.

Experience wise Oman Insurance Company Business Development Manager salaries

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹5.9 L/yr
6 years (AmbitionBox Estimate)

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

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₹3.6 L/yr - ₹4.6 L/yr
8 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹4 L/yr
9 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹3.3 L/yr
View all

Similar Designation salaries in Oman Insurance Company

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₹10 L/yr - ₹12 L/yr
Senior Sales Manager Salary
(AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.8 L/yr
Regional Manager Salary
(AmbitionBox Estimate)
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₹40.5 L/yr - ₹51.7 L/yr
Relationship Manager Salary
(AmbitionBox Estimate)
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₹19.8 L/yr - ₹25.3 L/yr
Sales Manager Salary
(AmbitionBox Estimate)
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₹12.2 L/yr - ₹15.5 L/yr
Sales Officer Salary
(AmbitionBox Estimate)
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₹6.1 L/yr - ₹7.8 L/yr

Salary related reviews for Oman Insurance Company

3.0

Rated by 1 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 26 Feb 2023

3.0
 for  Salary and Benefits

Likes

Very Unprofessional, Abusive, Humiliating & demotivated management. I would not suggest anyone to work with them . agency head Ranodeep bose was very short temper & unprofessional. He was hiring his own people from india & managing like a stupid boss with 0 IQ.

read more

Dislikes

Equator Agency Management. Unprofessional, Abusive & asking for physical favor from female staff of my team.

  • Skill development - Bad
  • +5 more

Life Department

3.0
  •  posted on 18 Feb 2019

2.0
 for  Salary and Benefits

Likes

It’s perfect company for those who are came from truly insurance background and the know the pulse of UAE market and people.

read more
  • Skill development - Good
  • +1 more

Dislikes

Company never believe or consider humanity of the employee. If company doesn’t believe the employees then how can they have confidence to face the cutomer and give the assurance of credibility of the firm.

read more
  • Salary - Poor
  • +3 more
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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.
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
Cholamandalam MS General Insurance ₹2.8 Lakhs to ₹13.0 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
Kotak Mahindara Life Insurance ₹2.0 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:

Axis Max Life Insurance ₹2.0 Lakhs to ₹7.3 Lakhs per year
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
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

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:

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
and so on.

Tell us how to improve this page.

Oman Insurance Company Business Development Manager salary in India ranges between ₹2 Lakhs to ₹5.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Oman Insurance Company latest salaries received from various employees of Oman Insurance Company.