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3.7

based on 1.6k Reviews

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SBI General Insurance Business Development Associate salaries in India

Annual salary range
0 - 6 years exp.
₹2 Lakhs - ₹3.5 Lakhs
Salary of majority employees
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55% less than the average Business Development Associate Salary in Insurance Companies for 0 - 6 years of experience

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Salaries in different departments

Sales & Business Development
Business Development Associate Salary
0 - 5 years exp. (16 salaries)
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₹2.4 L/yr - ₹3.5 L/yr

BFSI, Investments & Trading
Business Development Associate Salary
1 - 5 years exp. (6 salaries)
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₹2.2 L/yr - ₹3 L/yr

Customer Success, Service & Operations
Business Development Associate Salary
1 - 6 years exp. (6 salaries)
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₹2.3 L/yr - ₹3 L/yr

Finance & Accounting
Business Development Associate Salary
1 - 4 years exp. (3 salaries)
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₹2 L/yr - ₹3.5 L/yr

Strategic & Top Management
Business Development Associate Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹2.2 L/yr

Last Updated: 26 Oct 2024

Companies similar to SBI General Insurance for Business Development Associate

Company name Avg Annual Salary Open Jobs
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₹2.5 L/yr - ₹4.7 L/yr

arrow icon 53% more
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₹2.4 L/yr - ₹4.4 L/yr

arrow icon 43% more
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₹2.3 L/yr - ₹8 L/yr

arrow icon 78% more
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₹3.5 L/yr - ₹4.9 L/yr

arrow icon 74% more
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₹2.6 L/yr - ₹3.4 L/yr

arrow icon 20% more
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₹3 L/yr - ₹4.7 L/yr

arrow icon 58% more
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₹2.5 L/yr - ₹5 L/yr

arrow icon 65% more
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₹2.3 L/yr - ₹4.5 L/yr

arrow icon 36% more
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₹4 L/yr - ₹11 L/yr

arrow icon 132% more
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₹4 L/yr - ₹7.2 L/yr

arrow icon 107% more
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₹2.1 L/yr - ₹3 L/yr

arrow icon 1% less
Business Development Associate salary at SBI General Insurance ranges between ₹2 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 37 latest salaries received from various employees of SBI General Insurance.

Latest annual salaries shared by SBI General Insurance Business Development Associate

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Experience wise SBI General Insurance Business Development Associate salaries

Last Updated: 26 Oct 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.4 L/yr - ₹4.6 L/yr
1 year  (4 salaries)

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₹2.5 L/yr - ₹3.5 L/yr
2 years  (6 salaries)

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₹2.2 L/yr - ₹3.5 L/yr
3 years  (11 salaries)

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₹2 L/yr - ₹3.5 L/yr
4 years  (7 salaries)

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₹2.2 L/yr - ₹3 L/yr
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Similar Designation salaries in SBI General Insurance

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₹4.1 L/yr - ₹5.3 L/yr
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₹2.8 L/yr - ₹8 L/yr
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₹1.6 L/yr - ₹5.3 L/yr
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₹2 L/yr - ₹3.75 L/yr
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₹2.85 L/yr - ₹3.63 L/yr
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₹3.75 L/yr - ₹6 L/yr
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₹3 L/yr - ₹3.3 L/yr
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₹4 L/yr - ₹12 L/yr
Sales Associate Salary
(AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr
Inside Sales Executive Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr

Top skills at SBI General Insurance for Business Development Associate

Sales and Marketing Cold Calling B2C Sales Sales Development

Salary related reviews for SBI General Insurance

3.0

Rated by 13 employees for salary & benefits

Full Time

 · 

Business Development Department

2.0
  •  posted on 17 Sep 2022

2.0
 for  Salary and Benefits

Likes

Like you can say... Working with branch managers , can see yourself always professional . People will treat you like banker.

read more

Dislikes

No growth and promotion No good salary Not ethical practices followed. Your boss treat you like slave... Officially as per HR policy every Saturday is off... But you have to work on each Saturday as per your boss. Nothing to learn .

read more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 29 Apr 2023

3.0
 for  Salary and Benefits

Likes

Salary on time. Banca channel target goes on auto mode if you have good relationship with managers.

read more

Dislikes

Overloaded targets, terrible managers. Considering Insurance sectors, plenty of works in your working time.Unwanted VCs by senior that can disturb your work flow each day. Salary is very less compared to other companies.

read more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 05 Jul 2021

5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more

Full Time

 · 

Insurance Department

5.0
  •  posted on 07 Jun 2021

4.0
 for  Salary and Benefits

Likes

...agement is transparent.there is a huge cafeteria and gaming arcade for chilling. Company policies are good , appraisals are fair and they give good salary hike , incentives and bonus every year

read more

Customer Success, Service & Operations Department

5.0
  •  posted on 16 Mar 2022

4.0
 for  Salary and Benefits

Likes

It my pleasure to work with Reputed company like SBIG, As we grow old here we learn soo many things about banking as,it's very friendly atmosphere to work there .

read more

Dislikes

Here we see lot of ups and downs and unhappy with Salary hike ,and Soo much off technical issues ....and when things start going gud tat time only company doo one or other changes..... that will impact soo much

read more
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SBI General Insurance Business Development Associate Salary FAQs

What is the salary of Business Development Associate at SBI General Insurance?
Business Development Associate salary at SBI General Insurance in India ranges between ₹2.0 Lakhs to ₹3.5 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 55% less than the average Business Development Associate Salary in India. Salary estimates are based on 37 latest salaries received from various employees of SBI General Insurance India.
How does the salary of a Business Development Associate at SBI General Insurance India compare with the average salary range for this job?
The average salary of a Business Development Associate at SBI General Insurance is 55% less than the average salary of a Business Development Associate in India. To know exact salary insights, login to view.
What are the top skills required to work as a Business Development Associate at SBI General Insurance?
Sales and Marketing, Cold Calling, B2C Sales and Sales Development are some of the popular skills required to work as a Business Development Associate at SBI General Insurance India.
Which similar companies are paying more than SBI General Insurance to a Business Development Associate in India?
  • Kotak Mahindara Life Insurance Business Development Associate Salary - ₹4.0 Lakhs to ₹11.0 Lakhs per year
  • Cholamandalam MS General Insurance Business Development Associate Salary - ₹4.0 Lakhs to ₹7.2 Lakhs per year
  • HDFC Life Business Development Associate Salary - ₹2.3 Lakhs to ₹8.0 Lakhs per year
  • Max Life Insurance Business Development Associate Salary - ₹3.5 Lakhs to ₹4.9 Lakhs per year
  • Tata AIA Life Insurance Business Development Associate Salary - ₹2.5 Lakhs to ₹5.0 Lakhs per year
What is the salary of a Business Development Associate in companies similar to SBI General Insurance in India?
  • ICICI Prudential Life Insurance Business Development Associate Salary - ₹3.0 Lakhs to ₹4.7 Lakhs per year
  • ICICI Lombard General Insurance Company Business Development Associate Salary - ₹2.5 Lakhs to ₹4.7 Lakhs per year
  • Star Union Dai-ichi Life Insurance Business Development Associate Salary - ₹2.4 Lakhs to ₹4.4 Lakhs per year
  • SBI Life Insurance Company Business Development Associate Salary - ₹2.3 Lakhs to ₹4.5 Lakhs per year
  • Bajaj Allianz Life Insurance Business Development Associate Salary - ₹2.6 Lakhs to ₹3.4 Lakhs per year
What is the estimated take home salary of a Business Development Associate at SBI General Insurance in India?
The estimated take-home salary of a Business Development Associate at SBI General Insurance ranges between ₹17,709 per month to ₹19,407 per month in India. The take-home salary calculation is based on the average SBI General Insurance Business Development Associate salary in India which ranges between ₹2.0 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?
What is the notice period for Business Development Associate at SBI General Insurance?
According to AmbitionBox, 60% of the SBI General Insurance Business Development Associates reported a notice period of 1 Month, 24% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 55 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

SBI General Insurance Business Development Associate salary in India ranges between ₹2 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 37 SBI General Insurance latest salaries received from various employees of SBI General Insurance.