SBI General Insurance Business Development Officer Salaries by 3 Employees (Updated 2024)

0 - 8 years exp.

₹2.8 Lakhs - ₹8 Lakhs

Low Confidence

Salary of majority employees

32% more than the average Business Development Officer Salary in Insurance Companies for 0 - 8 years of experience

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Salaries in different departments

Sales & Business Development Business Development Officer Salary Fresher (AmbitionBox Estimate)	₹2.8 L/yr - ₹8 L/yr
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BFSI, Investments & Trading Business Development Officer Salary 8 years exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.1 L/yr

Last Updated: 29 Nov 2024

Companies similar to SBI General Insurance for Business Development Officer

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz General Insurance Business Development Officer Salary 3 - 6 years exp. (3 salaries)	₹2.1 L/yr - ₹4 L/yr 39% less
Tata AIG Business Development Officer Salary 5 - 8 years exp. (5 salaries)	₹2 L/yr - ₹6 L/yr 32% less
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Star Union Dai-ichi Life Insurance Business Development Officer Salary 0 - 5 years exp. (6 salaries)	₹1.6 L/yr - ₹6.8 L/yr 42% less
HDFC Life Business Development Officer Salary 1 - 4 years exp. (6 salaries)	₹2.1 L/yr - ₹3.5 L/yr 35% less
Max Life Insurance Business Development Officer Salary 0 - 5 years exp. (4 salaries)	₹1.2 L/yr - ₹3.5 L/yr 48% less
Aditya Birla Sun Life Insurance Business Development Officer Salary 1 - 4 years exp. (4 salaries)	₹3.3 L/yr - ₹4 L/yr 27% less
Cholamandalam MS General Insurance Business Development Officer Salary 1 - 2 years exp. (4 salaries)	₹3.6 L/yr - ₹4.6 L/yr 17% less
Bajaj Allianz Life Insurance Business Development Officer Salary 0 - 7 years exp. (4 salaries)	₹1.4 L/yr - ₹3 L/yr 51% less
Reliance Nippon Life Insurance Business Development Officer Salary 2 - 5 years exp. (3 salaries)	₹2.8 L/yr - ₹5 L/yr 26% less
Shriram Life Insurance Business Development Officer Salary 0 - 8 years exp. (3 salaries)	₹2 L/yr - ₹2.4 L/yr 55% less

Business Development Officer salary at SBI General Insurance ranges between ₹2.8 Lakhs to ₹8 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 3 latest salaries received from various employees of SBI General Insurance.

Experience wise SBI General Insurance Business Development Officer salaries

Last Updated: 29 Nov 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
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8 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr

Similar Designation salaries in SBI General Insurance

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Salary related reviews for SBI General Insurance

3.0

Rated by 1 employees for salary & benefits

Business Development Manager in Gorakhpur

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.

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 .

Business Development Manager in Gorakhpur

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.

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.

Sales Manager in Gwalior

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.

Business Development Manager in Vijayawada

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

Relationship Manager in Gulbarga

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 .

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

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a technical project manager

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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?

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SBI General Insurance Business Development Officer Salary FAQs

What is the notice period for Business Development Officer at SBI General Insurance?

According to AmbitionBox, 33% of the SBI General Insurance Business Development Officers reported a notice period of 15 days or less, 34% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 3 responses on AmbitionBox in last 2 years.

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SBI General Insurance Business Development Officer Salaries by Location

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SBI General Insurance Business Development Officer Salaries

SBI General Insurance Business Development Officer salary in India ranges between ₹2.8 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 SBI General Insurance latest salaries received from various employees of SBI General Insurance.

SBI General Insurance Business Development Officer salaries in India

Companies similar to SBI General Insurance for Business Development Officer

Latest annual salaries shared by SBI General Insurance Business Development Officer

Experience wise SBI General Insurance Business Development Officer salaries

Similar Designation salaries in SBI General Insurance

Salary related reviews for SBI General Insurance

Business Development Manager in Gorakhpur

Business Development Manager in Gorakhpur

Sales Manager in Gwalior

Business Development Manager in Vijayawada

Relationship Manager in Gulbarga

SBI General Insurance Business Development Officer Salary FAQs

Tell us how to improve this page.

SBI General Insurance Business Development Officer Salaries by Location