SBI General Insurance Chennai Senior Business Development Manager Salaries by 10+ Employees (Updated 2025)

3 - 8 years exp.

₹4 Lakhs - ₹6.4 Lakhs

Salary of majority employees

42% less than the average Senior Business Development Manager Salary in Insurance Companies for 3 - 8 years of experience

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Salaries in different departments

Sales & Business Development Senior Business Development Manager Salary 3 - 7 years exp. (6 salaries)	₹4.3 L/yr - ₹6 L/yr
BFSI, Investments & Trading Senior Business Development Manager Salary 4 - 7 years exp. (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.8 L/yr
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Marketing & Communication Senior Business Development Manager Salary 4 years exp. (AmbitionBox Estimate)	₹4.7 L/yr - ₹5.7 L/yr

Last Updated: 23 Oct 2024

Companies similar to SBI General Insurance for Senior Business Development Manager in Chennai

SBI General Insurance Senior Business Development Manager Salary

3 - 8 years exp. (12 salaries)

₹4 L/yr - ₹6.4 L/yr

Company name	Avg Annual Salary	Open Jobs
SBI Life Insurance Company Senior Business Development Manager Salary 4 - 13 years exp. (22 salaries)	₹3.8 L/yr - ₹7.6 L/yr 10% more
Bajaj Allianz Life Insurance Senior Business Development Manager Salary 2 - 10 years exp. (12 salaries)	₹4.1 L/yr - ₹6 L/yr 10% less
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IndusInd Bank Senior Business Development Manager Salary 0 - 8 years exp. (54 salaries)	₹3.2 L/yr - ₹5 L/yr 17% less	36 job openings
Cognizant Senior Business Development Manager Salary 10 - 16 years exp. (21 salaries)	₹20 L/yr - ₹33.5 L/yr 425% more
Freshworks Senior Business Development Manager Salary 3 - 7 years exp. (17 salaries)	₹10 L/yr - ₹21 L/yr 198% more

Senior Business Development Manager salary at SBI General Insurance ranges between ₹4 Lakhs to ₹6.4 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 12 latest salaries received from various employees of SBI General Insurance.

Experience wise SBI General Insurance Senior Business Development Manager salaries in Chennai

Last Updated: 23 Oct 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹8.9 L/yr
4 years (3 salaries)	₹4.3 L/yr - ₹5.8 L/yr
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5 years (4 salaries)	₹4.3 L/yr - ₹6.4 L/yr
6 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
7 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹9.5 L/yr
8 years (AmbitionBox Estimate)	₹4 L/yr - ₹9.6 L/yr

View all

Similar Designation salaries in SBI General Insurance

Area Sales Manager Salary

(7 salaries)

₹13 L/yr - ₹20 L/yr

Regional Sales Manager Salary

(6 salaries)

₹12.5 L/yr - ₹26.96 L/yr

Business Development Representative Salary

(3 salaries)

₹3.27 L/yr - ₹3.63 L/yr

Top skills at SBI General Insurance for Senior Business Development Manager

Health Health Insurance General Insurance Agent Recruitment Agency Channel General Insurance Sales SME General Insurance Team Building Sales Insurance Sales Sales Agency Sales SME Sales Agency Sales

Salary related reviews for SBI General Insurance

2.0

Rated by 2 employees for salary & benefits

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.

Skill development - Good

+3 more

Dislikes

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

Salary - Bad

+1 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.

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

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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SBI General Insurance Senior Business Development Manager Salary FAQs

What is the salary of Senior Business Development Manager at SBI General Insurance Chennai?

Senior Business Development Manager salary at SBI General Insurance in Chennai ranges between ₹4.0 Lakhs to ₹6.4 Lakhs for experience between 3 years to 8 years. According to our estimates it is 42% less than the average Senior Business Development Manager Salary in India. Salary estimates are based on 12 latest salaries received from various employees of SBI General Insurance Chennai.

How does the salary of a Senior Business Development Manager at SBI General Insurance Chennai compare with the average salary range for this job?

The average salary of a Senior Business Development Manager at SBI General Insurance is 42% less than the average salary of a Senior Business Development Manager in Chennai. To know exact salary insights, login to view.

What are the top skills required to work as a Senior Business Development Manager at SBI General Insurance?

Health, Health Insurance, General Insurance, Agent Recruitment and Agency Channel are some of the popular skills required to work as a Senior Business Development Manager at SBI General Insurance Chennai.

Which similar companies are paying more than SBI General Insurance to a Senior Business Development Manager in Chennai?

Cognizant Senior Business Development Manager Salary - ₹20.0 Lakhs to ₹33.5 Lakhs per year
Freshworks Senior Business Development Manager Salary - ₹10.0 Lakhs to ₹21.0 Lakhs per year
SBI Life Insurance Company Senior Business Development Manager Salary - ₹3.8 Lakhs to ₹7.6 Lakhs per year

What is the salary of a Senior Business Development Manager in companies similar to SBI General Insurance in Chennai?

Bajaj Allianz Life Insurance Senior Business Development Manager Salary - ₹4.1 Lakhs to ₹6.0 Lakhs per year
IndusInd Bank Senior Business Development Manager Salary - ₹3.2 Lakhs to ₹5.0 Lakhs per year

What is the estimated take home salary of a Senior Business Development Manager at SBI General Insurance in Chennai?

The estimated take-home salary of a Senior Business Development Manager at SBI General Insurance ranges between ₹39,861 per month to ₹41,029 per month in Chennai. The take-home salary calculation is based on the average SBI General Insurance Senior Business Development Manager salary in India which ranges between ₹4.0 Lakhs to ₹6.4 Lakhs per year for employees with experience between 3 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Senior Business Development Manager at SBI General Insurance in Chennai?

According to AmbitionBox, 40% of the SBI General Insurance Senior Business Development Managers in Chennai reported a notice period of 3 Months, 30% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 10 responses on AmbitionBox in last 2 years.

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SBI General Insurance Senior Business Development Manager Salaries in Chennai

SBI General Insurance Senior Business Development Manager salary in Chennai ranges between ₹4 Lakhs to ₹6.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 SBI General Insurance latest salaries received from various employees of SBI General Insurance.

SBI General Insurance Senior Business Development Manager salaries in Chennai

Companies similar to SBI General Insurance for Senior Business Development Manager in Chennai

Latest annual salaries shared by SBI General Insurance Senior Business Development Manager in Chennai

Experience wise SBI General Insurance Senior Business Development Manager salaries in Chennai

Similar Designation salaries in SBI General Insurance

Top skills at SBI General Insurance for Senior Business Development Manager

Salary related reviews for SBI General Insurance

Area Sales Manager in Ratlam

Business Development Manager in Gorakhpur

Business Development Manager in Gorakhpur

Sales Manager in Gwalior

Business Development Manager in Vijayawada

SBI General Insurance Senior Business Development Manager Salary FAQs

Tell us how to improve this page.