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3.7

based on 1.6k Reviews

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SBI General Insurance Senior Business Development Manager salaries in Hyderabad / Secunderabad (Updated 2025)

Annual salary range
4 - 11 years exp.
₹3.8 Lakhs - ₹6.1 Lakhs
Salary of majority employees
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35% less than the average Senior Business Development Manager Salary in Insurance Companies for 4 - 11 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading
Senior Business Development Manager Salary
4 - 8 years exp. (6 salaries)
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₹3.8 L/yr - ₹6 L/yr

Sales & Business Development
Senior Business Development Manager Salary
9 - 11 years exp. (3 salaries)
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₹5.1 L/yr - ₹6.1 L/yr

Last Updated: 12 Feb 2025

Companies similar to SBI General Insurance for Senior Business Development Manager in Hyderabad / Secunderabad

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SBI General Insurance Senior Business Development Manager Salary

4 - 11 years exp. (10 salaries)
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₹3.8 L/yr - ₹6.1 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Bajaj Allianz General Insurance Senior Business Development Manager Salary

0 - 8 years exp. (3 salaries)
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₹4.5 L/yr - ₹5.8 L/yr

arrow icon 9% less
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SBI Life Insurance Company Senior Business Development Manager Salary

5 - 13 years exp. (24 salaries)
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₹4.5 L/yr - ₹7.3 L/yr

arrow icon 15% more
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Bajaj Allianz Life Insurance Senior Business Development Manager Salary

3 - 11 years exp. (8 salaries)
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₹4.1 L/yr - ₹4.6 L/yr

arrow icon 14% less
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BYJU'S Senior Business Development Manager Salary

3 - 8 years exp. (32 salaries)
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₹7.5 L/yr - ₹28.5 L/yr

arrow icon 234% more
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Foundit Senior Business Development Manager Salary

3 - 13 years exp. (23 salaries)
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₹4.9 L/yr - ₹9.5 L/yr

arrow icon 24% more

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Senior Business Development Manager salary at SBI General Insurance ranges between ₹3.8 Lakhs to ₹6.1 Lakhs per year for employees with experience between 4 years to 11 years. Salary estimates are based on 10 latest salaries received from various employees of SBI General Insurance.

Latest annual salaries shared by SBI General Insurance Senior Business Development Manager in Hyderabad / Secunderabad

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11 years exp.
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9 years exp.
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8 years exp.
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11 years exp.
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7 years exp.
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7 years exp.
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4 years exp.
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Experience wise SBI General Insurance Senior Business Development Manager salaries in Hyderabad / Secunderabad

Last Updated: 12 Feb 2025

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹2 L/yr - ₹6 L/yr
5 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹5.9 L/yr
6 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹9.4 L/yr
7 years  (3 salaries)

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₹4 L/yr - ₹5.5 L/yr
8 years (AmbitionBox Estimate)

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₹5.3 L/yr - ₹9.7 L/yr
View all

Similar Designation salaries in SBI General Insurance

Business Development Manager Salary
(29 salaries)
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₹2.1 L/yr - ₹5 L/yr
Territory Sales Manager Salary
(6 salaries)
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₹5.5 L/yr - ₹10.8 L/yr
Business Development Executive Salary
(3 salaries)
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₹3.08 L/yr - ₹3.5 L/yr

Top skills at SBI General Insurance for Senior Business Development Manager

General Insurance Health Health Insurance Agent Recruitment Agency Channel Business Development Bancassurance General Insurance Sales SME General Insurance Salesforce Team Building Sales Insurance Sales Sales

Salary related reviews for SBI General Insurance

4.4

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

read more
  • 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.

read more
  • 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 .

read more
  • 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.

read more
  • 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.

read more
  • 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.

read more
  • 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

read more
  • Salary - Good
    • +6 more
see more salary related reviews

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2w
a senior quality lead
Help me with in hand salary
Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions
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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 Hyderabad / Secunderabad?
Senior Business Development Manager salary at SBI General Insurance in Hyderabad / Secunderabad ranges between ₹3.8 Lakhs to ₹6.1 Lakhs for experience between 4 years to 11 years. According to our estimates it is 35% less than the average Senior Business Development Manager Salary in India. Salary estimates are based on 10 latest salaries received from various employees of SBI General Insurance Hyderabad / Secunderabad.
How does the salary of a Senior Business Development Manager at SBI General Insurance Hyderabad / Secunderabad compare with the average salary range for this job?
The average salary of a Senior Business Development Manager at SBI General Insurance is 35% less than the average salary of a Senior Business Development Manager in Hyderabad / Secunderabad. 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?
General Insurance, Health, Health 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 Hyderabad / Secunderabad.
Which similar companies are paying more than SBI General Insurance to a Senior Business Development Manager in Hyderabad / Secunderabad?
  • BYJU'S Senior Business Development Manager Salary - ₹7.5 Lakhs to ₹28.5 Lakhs per year
  • Foundit Senior Business Development Manager Salary - ₹4.9 Lakhs to ₹9.5 Lakhs per year
  • SBI Life Insurance Company Senior Business Development Manager Salary - ₹4.5 Lakhs to ₹7.3 Lakhs per year
What is the salary of a Senior Business Development Manager in companies similar to SBI General Insurance in Hyderabad / Secunderabad?
  • Bajaj Allianz General Insurance Senior Business Development Manager Salary - ₹4.5 Lakhs to ₹5.8 Lakhs per year
  • Bajaj Allianz Life Insurance Senior Business Development Manager Salary - ₹4.1 Lakhs to ₹4.6 Lakhs per year
What is the estimated take home salary of a Senior Business Development Manager at SBI General Insurance in Hyderabad / Secunderabad?
The estimated take-home salary of a Senior Business Development Manager at SBI General Insurance ranges between ₹40,290 per month to ₹41,451 per month in Hyderabad / Secunderabad. The take-home salary calculation is based on the average SBI General Insurance Senior Business Development Manager salary in India which ranges between ₹3.8 Lakhs to ₹6.1 Lakhs per year for employees with experience between 4 years to 11 years. Check how did we calculate take home salary?
What is the notice period for Senior Business Development Manager at SBI General Insurance in Hyderabad / Secunderabad?
According to AmbitionBox, 71% of the SBI General Insurance Senior Business Development Managers in Hyderabad / Secunderabad reported a notice period of 3 Months, 29% reported a notice period of 2 Months.This is based on 7 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

SBI General Insurance Senior Business Development Manager salary in Hyderabad / Secunderabad ranges between ₹3.8 Lakhs to ₹6.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 10 SBI General Insurance latest salaries received from various employees of SBI General Insurance.