SBI General Insurance Business Development Officer Salaries by 3 Employees

0 - 8 years exp.

₹2.8 Lakhs - ₹8 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

30% 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: 20 Dec 2024

Companies similar to SBI General Insurance for Business Development Officer

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Business Development Officer Salary 0 - 6 years exp. (7 salaries)	₹2.8 L/yr - ₹4 L/yr 30% less
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
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Bajaj Allianz Life Insurance Business Development Officer Salary 0 - 7 years exp. (5 salaries)	₹1.4 L/yr - ₹3 L/yr 50% less
Axis Max Life Insurance Business Development Officer Salary 0 - 4 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)	₹2.8 L/yr - ₹4 L/yr 33% 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
HDFC Life Business Development Officer Salary 2 - 4 years exp. (4 salaries)	₹2.1 L/yr - ₹3.5 L/yr 39% 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: 20 Dec 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

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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.

Job security - Good

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 .

Salary - Poor

+4 more

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.

Job security - Good

+1 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.

Skill development - Bad

+2 more

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.

Salary - Excellent

+6 more

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

Salary - Good

+6 more

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 .

Salary - Good

+5 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

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What people are saying about SBI General Insurance

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miraculouslemon

works at

SBI General Insurance

Rejection profile by HR At shortlisted company.

Hii, I want to change the industry from BFSI to oil and and automobile. But Hr is not shortlisting me and if HR shortlist me than o don’t get shortlisted by concerned manager. even I have knowledge and work experience in particular industry. How can I crack this now.

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SBI General Insurance Business Development Officer Salary FAQs

How the salary growth look like for a Business Development Officer at SBI General Insurance in India?

The salary growth for a Business Development Officer at SBI General Insurance depends on factors such as experience, performance, and promotions. On average, a Business Development Officer can expect the following growth trajectory at SBI General Insurance:

Experience	Average Salary Range
Fresher	₹4.8 Lakhs to ₹6.2 Lakhs per year
8 years	₹3.4 Lakhs to ₹4.3 Lakhs per year

and so on.

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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.