Reliance General Insurance Senior Business Development Manager Salaries by 5 Employees (Updated 2024)

5 - 9 years exp.

₹3.6 Lakhs - ₹6.5 Lakhs

Low Confidence

Salary of majority employees

50% less than the average Senior Business Development Manager Salary in Insurance Companies for 5 - 9 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Senior Business Development Manager Salary 5 years exp. (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.1 L/yr
Login to view exact salary
Sales & Business Development Senior Business Development Manager Salary 6 years exp. (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.1 L/yr

Last Updated: 5 Oct 2024

Companies similar to Reliance General Insurance for Senior Business Development Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Senior Business Development Manager Salary 3 - 15 years exp. (39 salaries)	₹3.8 L/yr - ₹14 L/yr 65% more
Bajaj Allianz General Insurance Senior Business Development Manager Salary 1 - 8 years exp. (10 salaries)	₹4.5 L/yr - ₹5.8 L/yr 11% less
Login to view exact salary
Tata AIG Senior Business Development Manager Salary 4 - 12 years exp. (3 salaries)	₹5 L/yr - ₹12 L/yr 55% more
SBI General Insurance Senior Business Development Manager Salary 3 - 12 years exp. (285 salaries)	₹3.4 L/yr - ₹8 L/yr 3% less
Future Generali India Life Insurance Senior Business Development Manager Salary 8 - 9 years exp. (5 salaries)	₹6 L/yr - ₹7.4 L/yr 15% more
SBI Life Insurance Company Senior Business Development Manager Salary 4 - 13 years exp. (239 salaries)	₹3 L/yr - ₹8.5 L/yr 2% more
Bajaj Allianz Life Insurance Senior Business Development Manager Salary 0 - 14 years exp. (230 salaries)	₹4 L/yr - ₹6.6 L/yr 18% less
Star Union Dai-ichi Life Insurance Senior Business Development Manager Salary 1 - 6 years exp. (26 salaries)	₹2.6 L/yr - ₹3.7 L/yr 46% less
PNB MetLife Senior Business Development Manager Salary 4 - 18 years exp. (12 salaries)	₹4.1 L/yr - ₹7.8 L/yr 10% more
HDFC Life Senior Business Development Manager Salary 1 - 15 years exp. (9 salaries)	₹2.7 L/yr - ₹5 L/yr 26% less
ICICI Prudential Life Insurance Senior Business Development Manager Salary 1 - 5 years exp. (8 salaries)	₹2.8 L/yr - ₹5 L/yr 23% less
Login to view exact salary
Shriram Life Insurance Senior Business Development Manager Salary 1 - 7 years exp. (8 salaries)	₹2.7 L/yr - ₹4.2 L/yr 36% less
Canara HSBC Life Insurance Senior Business Development Manager Salary 1 - 10 years exp. (8 salaries)	₹3.7 L/yr - ₹4.8 L/yr 24% less
Aditya Birla Sun Life Insurance Senior Business Development Manager Salary 4 - 15 years exp. (5 salaries)	₹10.5 L/yr - ₹13 L/yr 110% more
Reliance Nippon Life Insurance Senior Business Development Manager Salary 4 - 8 years exp. (4 salaries)	₹4.4 L/yr - ₹4.9 L/yr 12% less
Aditya Birla Health Insurance Co Senior Business Development Manager Salary 1 - 13 years exp. (4 salaries)	₹4.2 L/yr - ₹12 L/yr 56% more

Senior Business Development Manager salary at Reliance General Insurance ranges between ₹3.6 Lakhs to ₹6.5 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 5 latest salaries received from various employees of Reliance General Insurance.

Experience wise Reliance General Insurance Senior Business Development Manager salaries

Last Updated: 5 Oct 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6.5 L/yr
6 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹6.5 L/yr
Login to view exact salary
7 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹10 L/yr
8 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
9 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹6 L/yr

Similar Designation salaries in Reliance General Insurance

Business Development Manager Salary

(AmbitionBox Estimate)

₹6.7 L/yr - ₹8.5 L/yr

Business Development Associate Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Business Development Executive Salary

(3 salaries)

₹2.75 L/yr - ₹5.5 L/yr

Senior Sales Manager Salary

(49 salaries)

₹4 L/yr - ₹8.55 L/yr

Area Business Manager Salary

(6 salaries)

₹7.15 L/yr - ₹7.5 L/yr

Business Manager Salary

(169 salaries)

₹4.16 L/yr - ₹12.2 L/yr

Territory Sales Manager Salary

(5 salaries)

₹4.1 L/yr - ₹6.6 L/yr

Regional Manager Salary

(8 salaries)

₹8.5 L/yr - ₹16.5 L/yr

Zonal Sales Manager Salary

(3 salaries)

₹17 L/yr - ₹25.6 L/yr

Assistant Sales Manager Salary

(32 salaries)

₹2.5 L/yr - ₹5.95 L/yr

Salary related reviews for Reliance General Insurance

Area Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 06 Nov 2023

4.0

for Salary and Benefits

Likes

Depends on the Vertical and Reporting Manager. Bonus, The Remuneration part is very good

Dislikes

Bonus amount has capping of 6 months. Notice period is 3 months. And Like and Dislikes depend upon the current manager.

Deputy Manager in Lucknow

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 12 Jul 2023

2.0

for Salary and Benefits

Likes

Job surity

Dislikes

...ntives criteria. Company shall pay bonus on your based performance of the year. That is no pay such a big amount and company add the clause in your bonus. If you resign before six months company shall recovered your bonus amount.

Sales Manager in Palakkad

Finance & Accounting Department

2.0

• posted on 15 Jun 2022

1.0

for Salary and Benefits

Likes

Of course paying incentives and salary on correct time . During covid time n all full salary was given.

Dislikes

No salary hike as well as promotions,we cant exoect that. Apart from incentive you won’t get a career growth.

Business Manager in New Delhi

BFSI, Investments & Trading Department

5.0

• posted on 27 Sep 2020

5.0

for Salary and Benefits

Likes

Very good work culture management team

Dislikes

You get the yearly bonus of last year performance but once you recieved bonus you will be bound for next three month otherwise you will have to be return full part of bonus.

Deputy Manager Analyst in Mumbai

Full Time

Other Department

3.0

• posted on 06 Nov 2024

3.0

for Salary and Benefits

Likes

Work culture is good

Dislikes

Promotion and hikes are very low. If you join on low package it will be very difficult to get satisfactory hike next year Performance Bonus return - will have to return the bonus if you leave before 6 months after getting bonus so basically you will need to wait total 9 months to get out from the organization

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

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?

Got a question about Reliance General Insurance?

Ask anonymously on communities.

Reliance General Insurance Senior Business Development Manager Salary FAQs

What is the salary of Senior Business Development Manager at Reliance General Insurance?

Senior Business Development Manager salary at Reliance General Insurance in India ranges between ₹3.6 Lakhs to ₹6.5 Lakhs for experience between 5 years to 9 years. According to our estimates it is 50% less than the average Senior Business Development Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Reliance General Insurance India.

How does the salary of a Senior Business Development Manager at Reliance General Insurance India compare with the average salary range for this job?

The average salary of a Senior Business Development Manager at Reliance General Insurance is 50% less than the average salary of a Senior Business Development Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Reliance General Insurance to a Senior Business Development Manager in India?

Aditya Birla Sun Life Insurance Senior Business Development Manager Salary - ₹10.5 Lakhs to ₹13.0 Lakhs per year
ICICI Lombard General Insurance Company Senior Business Development Manager Salary - ₹3.8 Lakhs to ₹14.0 Lakhs per year
Aditya Birla Health Insurance Co Senior Business Development Manager Salary - ₹4.2 Lakhs to ₹12.0 Lakhs per year
Tata AIG Senior Business Development Manager Salary - ₹5.0 Lakhs to ₹12.0 Lakhs per year
Future Generali India Life Insurance Senior Business Development Manager Salary - ₹6.0 Lakhs to ₹7.4 Lakhs per year

What is the salary of a Senior Business Development Manager in companies similar to Reliance General Insurance in India?

PNB MetLife Senior Business Development Manager Salary - ₹4.1 Lakhs to ₹7.8 Lakhs per year
SBI Life Insurance Company Senior Business Development Manager Salary - ₹3.0 Lakhs to ₹8.5 Lakhs per year
SBI General Insurance Senior Business Development Manager Salary - ₹3.4 Lakhs to ₹8.0 Lakhs per year
Bajaj Allianz General Insurance Senior Business Development Manager Salary - ₹4.5 Lakhs to ₹5.8 Lakhs per year
Reliance Nippon Life Insurance Senior Business Development Manager Salary - ₹4.4 Lakhs to ₹4.9 Lakhs per year

What is the estimated take home salary of a Senior Business Development Manager at Reliance General Insurance in India?

The estimated take-home salary of a Senior Business Development Manager at Reliance General Insurance ranges between ₹42,207 per month to ₹43,340 per month in India. The take-home salary calculation is based on the average Reliance General Insurance Senior Business Development Manager salary in India which ranges between ₹3.6 Lakhs to ₹6.5 Lakhs per year for employees with experience between 5 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Senior Business Development Manager at Reliance General Insurance?

According to AmbitionBox, 100% of the Reliance General Insurance Senior Business Development Managers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
Reliance General Insurance Salaries >
Reliance General Insurance Senior Business Development Manager Salaries

Reliance General Insurance Senior Business Development Manager salary in India ranges between ₹3.6 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Reliance General Insurance latest salaries received from various employees of Reliance General Insurance.

Reliance General Insurance Senior Business Development Manager salaries in India

Companies similar to Reliance General Insurance for Senior Business Development Manager

Latest annual salaries shared by Reliance General Insurance Senior Business Development Manager

Experience wise Reliance General Insurance Senior Business Development Manager salaries

Similar Designation salaries in Reliance General Insurance

Salary related reviews for Reliance General Insurance

Area Manager in Kolkata

Deputy Manager in Lucknow

Sales Manager in Palakkad

Business Manager in New Delhi

Deputy Manager Analyst in Mumbai

Reliance General Insurance Senior Business Development Manager Salary FAQs

Tell us how to improve this page.