Annual salary range
6 - 9 years exp.
₹2.1
Lakhs - ₹5.6
Lakhs
Salary of majority employees
Avg. annual salary
Monthly In-hand Salary
43% less than the average Business Development Manager Salary in Insurance Companies for 6 - 9 years of experience
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Salaries in different departments
BFSI, Investments & Trading
Business Development Manager Salary
6 - 7
years
exp.
(3
salaries)
|  ₹3.3 L/yr - ₹5.1 L/yr |
Sales & Business Development
Business Development Manager Salary
7 - 9
years
exp.
(3
salaries)
| ₹2.1 L/yr - ₹5.6 L/yr |
Login to view exact salary
| |
Marketing & Communication
Business Development Manager Salary
8
years
exp.
(AmbitionBox Estimate)
| ₹2.9 L/yr - ₹4 L/yr |
Companies similar to Reliance Nippon Life Insurance for Business Development Manager in New Delhi
Reliance Nippon Life Insurance
Business Development Manager Salary
6 - 9 years exp. (8 salaries) |  ₹2.1 L/yr - ₹5.6 L/yr |
vs
10%
less
25%
more
Business Development Manager salary at Reliance Nippon Life Insurance ranges between ₹2.1
Lakhs
to ₹5.6
Lakhs
per year for employees with experience between 6 years to 9 years. Salary
estimates are based on
8 latest salaries received
from various employees of Reliance Nippon Life Insurance.
Experience wise Reliance Nippon Life Insurance Business Development Manager salaries in New Delhi
Last Updated: 12 Jan 2025
| Experience | Avg Annual Salary |
|---|---|
| 6 years (3 salaries) |
₹3.3
L/yr
- ₹5.1
L/yr
|
| 7 years (AmbitionBox Estimate) |
₹3.7
L/yr
- ₹4.8
L/yr
|
Login to view exact salary
| |
| 8 years (AmbitionBox Estimate) |
₹3.9
L/yr
- ₹4.9
L/yr
|
| 9 years (AmbitionBox Estimate) |
₹4
L/yr
- ₹5.1
L/yr
|
Similar Designation salaries in Reliance Nippon Life Insurance
Top skills at Reliance Nippon Life Insurance for Business Development Manager
Sales
Life Insurance
Recruitment
Banking
Marketing
Team Handling
Insurance
Business Development
Financial Services
Team Leading
Agency Sales
Salary related reviews for Reliance Nippon Life Insurance
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Salary Discussions, Hike & Promotions
1w (edited)
an inside sales executive
Unexpected job policies: stay or switch?
I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview.
1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining.
2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon
3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too.
4. Leaves – We get 21 paid leaves a year.
I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?
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Reliance Nippon Life Insurance Business Development Manager Salary FAQs
What is the salary of Business Development Manager at Reliance Nippon Life Insurance in New Delhi?
The average salary of a Business Development Manager at Reliance Nippon Life Insurance in New Delhi typically ranges from ₹2.1 Lakhs to ₹5.6 Lakhs per year, depending on experience (from 6 years to 9 years).
The top 10% of Business Development Manager in New Delhi at Reliance Nippon Life Insurance earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹5.6 Lakhs per year. Business Development Manager Salaries at Reliance Nippon Life Insurance 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 8 Reliance Nippon Life Insurance employees in India.
The top 10% of Business Development Manager in New Delhi at Reliance Nippon Life Insurance earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹5.6 Lakhs per year. Business Development Manager Salaries at Reliance Nippon Life Insurance 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 8 Reliance Nippon Life Insurance employees in India.
What is the estimated take home salary of a Business Development Manager at Reliance Nippon Life Insurance in New Delhi?
The estimated take-home salary of a Business Development Manager at Reliance Nippon Life Insurance in New Delhi typically ranges from ₹30,658 to ₹31,963 per month. This is based on the average salary range of
₹2.1 Lakhs to ₹5.6 Lakhs
per year for employees with experience ranging from 6 years to 9 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 8 salaries received from various employees of Reliance Nippon Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Business Development Manager at Reliance Nippon Life Insurance in New Delhi?
To be a Business Development Manager at Reliance Nippon Life Insurance in New Delhi, the key skills required include:
These skills are highly valued at Reliance Nippon Life Insurance and are crucial for successful performance in a Software Engineering role.
- - Sales
- - Life Insurance
- - Recruitment
- - Banking
- - Marketing
These skills are highly valued at Reliance Nippon Life Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Reliance Nippon Life Insurance for Business Development Manager in India?
| Kotak Mahindara Life Insurance | ₹3.7 Lakhs to ₹7.5 Lakhs per year |
| SBI Life Insurance Company | ₹3.0 Lakhs to ₹6.5 Lakhs per year |
| Bajaj Allianz General Insurance | ₹4.2 Lakhs to ₹5.2 Lakhs per year |
| Aditya Birla Health Insurance Co | ₹3.8 Lakhs to ₹6.0 Lakhs per year |
| Axis Max Life Insurance | ₹2.2 Lakhs to ₹7.0 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by Reliance Nippon Life Insurance, depending on the role and experience level.
What is the salary of a Business Development Manager in companies similar to Reliance Nippon Life Insurance in New Delhi?
The salary of a Business Development Manager at companies similar to Reliance Nippon Life Insurance in New Delhi 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.
| ICICI Lombard General Insurance Company | ₹3.0 Lakhs to ₹8.0 Lakhs per year |
| Bajaj Allianz Life Insurance | ₹3.9 Lakhs to ₹5.5 Lakhs per year |
| Aditya Birla Sun Life Insurance | ₹4.1 Lakhs to ₹5.3 Lakhs per year |
| SBI General Insurance | ₹3.0 Lakhs to ₹4.5 Lakhs per year |
| ICICI Prudential Life Insurance | ₹2.3 Lakhs to ₹4.8 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 Reliance Nippon Life Insurance in New Delhi?
The salary growth for a Business Development Manager at Reliance Nippon Life Insurance in New Delhi depends on factors such as experience, performance, and promotions. On average, a Business Development Manager in New Delhi can expect the following growth trajectory at Reliance Nippon Life Insurance:
and so on.
| Experience | Average Salary Range |
|---|---|
| 6 years | ₹3.3 Lakhs to ₹5.1 Lakhs per year |
| 7 years | ₹3.7 Lakhs to ₹4.8 Lakhs per year |
| 8 years | ₹3.9 Lakhs to ₹4.9 Lakhs per year |
| 9 years | ₹4.0 Lakhs to ₹5.1 Lakhs per year |
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- Reliance Nippon Life Insurance Business Development Manager Salaries in New Delhi
Reliance Nippon Life Insurance Business Development Manager salary
in
New Delhi
ranges between ₹2.1
Lakhs to ₹5.6
Lakhs with an average annual salary of
₹
. Salary estimates are based on
8
Reliance Nippon Life Insurance latest salaries received from various employees of
Reliance Nippon Life Insurance.