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3.7

based on 1.6k Reviews

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SBI General Insurance Business Development Specialist salaries in Mumbai

Annual salary range
1 - 9 years exp.
₹7 Lakhs - ₹10.4 Lakhs
Salary of majority employees
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53% more than the average Business Development Specialist Salary in Insurance Companies for 1 - 9 years of experience

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Salaries in different departments

Sales & Business Development
Business Development Specialist Salary
1 - 9 years exp. (AmbitionBox Estimate)
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₹7.2 L/yr - ₹10.4 L/yr

BFSI, Investments & Trading
Business Development Specialist Salary
2 years exp. (AmbitionBox Estimate)
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₹6.4 L/yr - ₹9 L/yr

Customer Success, Service & Operations
Business Development Specialist Salary
5 years exp. (AmbitionBox Estimate)
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₹7 L/yr - ₹8.3 L/yr

Last Updated: 24 Dec 2024

Companies similar to SBI General Insurance for Business Development Specialist in Mumbai

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SBI General Insurance Business Development Specialist Salary

1 - 9 years exp. (4 salaries)
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₹7 L/yr - ₹10.4 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Trunkoz Technologies Business Development Specialist Salary

0 - 4 years exp. (12 salaries)
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₹2.2 L/yr - ₹4 L/yr

arrow icon 58% less
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Vertoz Business Development Specialist Salary

0 - 3 years exp. (10 salaries)
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₹2.2 L/yr - ₹3 L/yr

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 4 job openings
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Udaan Business Development Specialist Salary

3 - 9 years exp. (6 salaries)
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₹3.6 L/yr - ₹4.5 L/yr

arrow icon 48% less
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Media.net Software Services (India) Business Development Specialist Salary

1 - 2 years exp. (6 salaries)
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₹3.5 L/yr - ₹7 L/yr

arrow icon 30% less
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AECOM Business Development Specialist Salary

2 - 6 years exp. (5 salaries)
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₹5.5 L/yr - ₹7.5 L/yr

arrow icon 12% less
Business Development Specialist salary at SBI General Insurance ranges between ₹7 Lakhs to ₹10.4 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 4 latest salaries received from various employees of SBI General Insurance.

Latest annual salaries shared by SBI General Insurance Business Development Specialist in Mumbai

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1 year exp.
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9 years exp.
4mo ago
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2 years exp.
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5 years exp.

Experience wise SBI General Insurance Business Development Specialist salaries in Mumbai

Last Updated: 24 Dec 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹3.5 L/yr - ₹10.4 L/yr
2 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹9 L/yr
3 years (AmbitionBox Estimate)

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₹7.6 L/yr - ₹9.7 L/yr
4 years (AmbitionBox Estimate)

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₹7.5 L/yr - ₹9.5 L/yr
5 years (AmbitionBox Estimate)

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₹7 L/yr - ₹14.6 L/yr
View all

Similar Designation salaries in SBI General Insurance

Senior Business Development Manager Salary
(33 salaries)
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₹4.25 L/yr - ₹6.6 L/yr
Business Development Manager Salary
(16 salaries)
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₹2.8 L/yr - ₹4.5 L/yr
Sales Executive Salary
(4 salaries)
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₹2 L/yr - ₹3.5 L/yr

Top skills at SBI General Insurance for Business Development Specialist

SME General Insurance Revenue Generation New Business Development Contract Negotiations Relationship Management Client Relationship Management Stock Broking Marketing Strategy

Salary related reviews for SBI General Insurance

5.0

Rated by 1 employees for salary & benefits

Business Development Specialist in Kolkata

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 04 Oct 2024
1.0
 for  Salary and Benefits

Likes

Nothing...

Dislikes

No work culture, No work life balance, No salary structure, Unnecessary salary deduction with no reason, No HR policies, No support Overall useless and worthless company, can lead to mental issues and health issues if worked here... Do not join..

read more

Area Sales Manager in Ratlam

Full Time

 · 

Security Services Department

4.0
  •  posted on 06 Jan 2025
1.0
 for  Salary and Benefits

Likes

The company is good, the atmosphere and staff are also good and I want to work in this company for a long time.

Dislikes

I am getting very less salary as compared to my hard work so my salary should be increased

read more

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.

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

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.

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

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.

read more
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Salary Expectations
I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?
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SBI General Insurance Business Development Specialist Salary FAQs

What is the salary of Business Development Specialist at SBI General Insurance Mumbai?
Business Development Specialist salary at SBI General Insurance in Mumbai ranges between ₹7.0 Lakhs to ₹10.4 Lakhs for experience between 1 years to 9 years. According to our estimates it is 53% more than the average Business Development Specialist Salary in India. Salary estimates are based on 4 latest salaries received from various employees of SBI General Insurance Mumbai.
How does the salary of a Business Development Specialist at SBI General Insurance Mumbai compare with the average salary range for this job?
The average salary of a Business Development Specialist at SBI General Insurance is 53% more than the average salary of a Business Development Specialist in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Business Development Specialist at SBI General Insurance?
SME, General Insurance, Revenue Generation, New Business Development and Contract Negotiations are some of the popular skills required to work as a Business Development Specialist at SBI General Insurance Mumbai.
What is the salary of a Business Development Specialist in companies similar to SBI General Insurance in Mumbai?
  • AECOM Business Development Specialist Salary - ₹5.5 Lakhs to ₹7.5 Lakhs per year
  • Media.net Software Services (India) Business Development Specialist Salary - ₹3.5 Lakhs to ₹7.0 Lakhs per year
  • Udaan Business Development Specialist Salary - ₹3.6 Lakhs to ₹4.5 Lakhs per year
  • Trunkoz Technologies Business Development Specialist Salary - ₹2.2 Lakhs to ₹4.0 Lakhs per year
  • Vertoz Business Development Specialist Salary - ₹2.2 Lakhs to ₹3.0 Lakhs per year
What is the estimated take home salary of a Business Development Specialist at SBI General Insurance in Mumbai?
The estimated take-home salary of a Business Development Specialist at SBI General Insurance ranges between ₹57,074 per month to ₹58,508 per month in Mumbai. The take-home salary calculation is based on the average SBI General Insurance Business Development Specialist salary in India which ranges between ₹7.0 Lakhs to ₹10.4 Lakhs per year for employees with experience between 1 years to 9 years. Check how did we calculate take home salary?
What is the notice period for Business Development Specialist at SBI General Insurance in Mumbai?
According to AmbitionBox, 100% of the SBI General Insurance Business Development Specialists in Mumbai reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

SBI General Insurance Business Development Specialist salary in Mumbai ranges between ₹7 Lakhs to ₹10.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 SBI General Insurance latest salaries received from various employees of SBI General Insurance.