Robinhood Insurance Broker Mumbai Business Development Manager Salaries by 3 Employees

5 - 10 years exp.

₹3.6 Lakhs - ₹4.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

48% 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

BFSI, Investments & Trading Business Development Manager Salary 5 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.2 L/yr
Marketing & Communication Business Development Manager Salary 5 years exp. (AmbitionBox Estimate)	₹3.7 L/yr - ₹4 L/yr
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Sales & Business Development Business Development Manager Salary 10 years exp. (AmbitionBox Estimate)	₹3.7 L/yr - ₹4 L/yr

Last Updated: 13 Mar 2023

Companies similar to Robinhood Insurance Broker for Business Development Manager in Mumbai

Robinhood Insurance Broker Business Development Manager Salary

5 - 10 years exp. (3 salaries)

₹3.6 L/yr - ₹4.2 L/yr

Company name	Avg Annual Salary	Open Jobs
SBI Life Insurance Company Business Development Manager Salary 3 - 12 years exp. (61 salaries)	₹3 L/yr - ₹7 L/yr 37% more
Aditya Birla Sun Life Insurance Business Development Manager Salary 0 - 13 years exp. (26 salaries)	₹4.1 L/yr - ₹5 L/yr 16% more
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Bajaj Allianz Life Insurance Business Development Manager Salary 1 - 10 years exp. (19 salaries)	₹3.7 L/yr - ₹5.5 L/yr 17% more	3 job openings
Europ Assistance India Business Development Manager Salary 14 - 16 years exp. (5 salaries)	₹23 L/yr - ₹26 L/yr 535% more
Tata AIG Business Development Manager Salary 2 - 7 years exp. (5 salaries)	₹3.1 L/yr - ₹5.7 L/yr 22% more
Reliance Nippon Life Insurance Business Development Manager Salary 3 - 10 years exp. (4 salaries)	₹4 L/yr - ₹6 L/yr 6% more
Future Generali India Life Insurance Business Development Manager Salary 3 - 8 years exp. (4 salaries)	₹5 L/yr - ₹6 L/yr 35% more	1 job opening
Niva Bupa Health Insurance Company Business Development Manager Salary 0 - 8 years exp. (4 salaries)	₹4.3 L/yr - ₹6.2 L/yr 34% more	1 job opening
Gallagher Business Development Manager Salary 4 - 14 years exp. (3 salaries)	₹10 L/yr - ₹10.8 L/yr 165% more

Business Development Manager salary at Robinhood Insurance Broker ranges between ₹3.6 Lakhs to ₹4.2 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 3 latest salaries received from various employees of Robinhood Insurance Broker.

Experience wise Robinhood Insurance Broker Business Development Manager salaries in Mumbai

Last Updated: 13 Mar 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
6 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
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7 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
8 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
9 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
10 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr

View all

Similar Designation salaries in Robinhood Insurance Broker

Branch Manager Salary

(6 salaries)

₹5 L/yr - ₹9.25 L/yr

Assistant Sales Manager Salary

(3 salaries)

₹3.7 L/yr - ₹5.92 L/yr

Top skills at Robinhood Insurance Broker for Business Development Manager

Communication Skills Presentation Skills Tied Channel General Insurance Sales Channel Sales Team Skills Team Management Insurance Broking Motor Insurance Sales Agency Sales Agent Recruitment Agency Sales

Salary related reviews for Robinhood Insurance Broker

Branch Manager in Raipur

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 07 Jul 2023

1.0

for Salary and Benefits

Likes

Third class company never suggested any one to work here.

Dislikes

They are giving salary in proper time to employees.. payout not give to agent six months pending. Also when you leave job not giving reliving letter.

Salary - Bad

+6 more

Senior MIS Executive in New Delhi

Full Time

Data Science & Analytics Department

5.0

• posted on 18 Jul 2022

3.0

for Salary and Benefits

Likes

...ents are very supportive. It's like a family company. Everyone helps each other. Good salary package, Enjoyed and Learnt a lot with guidance of Abhishek Boss and Pawan sir....

Skill development - Excellent

+5 more

Dislikes

Nathing

MIS Executive in Mumbai

MIS Team Department

2.0

• posted on 17 Aug 2020

2.0

for Salary and Benefits

Likes

Not at all till now

Company culture - Good

Dislikes

...m before Once you cracked an interview, you'll get Offer Letter by Third Party And No Compensation, No Benefit, No Insurance, or etc to their employees

Salary - Poor

+5 more

Marketing Associate in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 15 Nov 2023

2.0

for Salary and Benefits

Likes

Company is good no Doubt

Dislikes

Company is Good no Doubts but there management is too horrible And TL's was to horrible they where using bad words , toucher, and spoil your personal life as a well as official life specially (Narendra , Neeraj )

Salary - Poor

+6 more

Executive Assistant in Mumbai

Full Time

administration Department

1.0

• posted on 21 May 2018

1.0

for Salary and Benefits

Likes

nothing.. pathetic organisatias on . where they make their employees play cricket with their kids.also ask employees to complete their kids homework

Dislikes

very manupulative ceo and director.. no ethics at all.they bring their housework to office.even the BU Heads are made to complete their house vastu work

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

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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Robinhood Insurance Broker Business Development Manager Salary FAQs

How the salary growth look like for a Business Development Manager at Robinhood Insurance Broker in Mumbai?

The salary growth for a Business Development Manager at Robinhood Insurance Broker in Mumbai depends on factors such as experience, performance, and promotions. On average, a Business Development Manager in Mumbai can expect the following growth trajectory at Robinhood Insurance Broker:

Experience	Average Salary Range
5 years	₹3.4 Lakhs to ₹4.3 Lakhs per year
6 years	₹3.4 Lakhs to ₹4.4 Lakhs per year
7 years	₹3.4 Lakhs to ₹4.4 Lakhs per year
8 years	₹3.5 Lakhs to ₹4.4 Lakhs per year

and so on.

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Robinhood Insurance Broker Business Development Manager Salaries in Mumbai

Robinhood Insurance Broker Business Development Manager salary in Mumbai ranges between ₹3.6 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Robinhood Insurance Broker latest salaries received from various employees of Robinhood Insurance Broker.