SBI General Insurance New Delhi Senior Business Development Manager Salaries by 10+ Employees (Updated 2024)

3 - 11 years exp.

₹3.6 Lakhs - ₹6.6 Lakhs

Salary of majority employees

46% less than the average Senior Business Development Manager Salary in Insurance Companies for 3 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Business Development Manager Salary 4 - 11 years exp. (6 salaries)	₹3.6 L/yr - ₹6.6 L/yr
Sales & Business Development Senior Business Development Manager Salary 4 - 9 years exp. (6 salaries)	₹4.5 L/yr - ₹6 L/yr
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Marketing & Communication Senior Business Development Manager Salary 3 - 10 years exp. (5 salaries)	₹4.5 L/yr - ₹6.5 L/yr

Last Updated: 4 Dec 2024

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

SBI General Insurance Senior Business Development Manager Salary

3 - 11 years exp. (19 salaries)

₹3.6 L/yr - ₹6.6 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Senior Business Development Manager Salary 4 - 13 years exp. (13 salaries)	₹5.4 L/yr - ₹14 L/yr 82% more
SBI Life Insurance Company Senior Business Development Manager Salary 4 - 12 years exp. (26 salaries)	₹3.4 L/yr - ₹7.8 L/yr 12% more
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Bajaj Allianz Life Insurance Senior Business Development Manager Salary 2 - 10 years exp. (11 salaries)	₹4.2 L/yr - ₹6 L/yr 14% less
MakeMyTrip Senior Business Development Manager Salary 0 - 8 years exp. (40 salaries)	₹5 L/yr - ₹11.5 L/yr 59% more
IndusInd Bank Senior Business Development Manager Salary 0 - 7 years exp. (27 salaries)	₹3.6 L/yr - ₹5 L/yr 17% less

Senior Business Development Manager salary at SBI General Insurance ranges between ₹3.6 Lakhs to ₹6.6 Lakhs per year for employees with experience between 3 years to 11 years. Salary estimates are based on 19 latest salaries received from various employees of SBI General Insurance.

Experience wise SBI General Insurance Senior Business Development Manager salaries in New Delhi

Last Updated: 4 Dec 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹9 L/yr
4 years (3 salaries)	₹3.6 L/yr - ₹6.5 L/yr
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5 years (4 salaries)	₹3.8 L/yr - ₹6.5 L/yr
6 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹9.4 L/yr
7 years (3 salaries)	₹3.7 L/yr - ₹5.7 L/yr
8 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹5.9 L/yr
9 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6 L/yr
10 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6 L/yr
11 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹6.6 L/yr

View all

Similar Designation salaries in SBI General Insurance

Business Development Manager Salary

(28 salaries)

₹3 L/yr - ₹5 L/yr

Regional Manager Salary

(3 salaries)

₹12.8 L/yr - ₹16.3 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

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

Deadend

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 Senior Business Development Manager Salary FAQs

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

Senior Business Development Manager salary at SBI General Insurance in New Delhi ranges between ₹3.6 Lakhs to ₹6.6 Lakhs for experience between 3 years to 11 years. According to our estimates it is 46% less than the average Senior Business Development Manager Salary in India. Salary estimates are based on 19 latest salaries received from various employees of SBI General Insurance New Delhi.

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

The average salary of a Senior Business Development Manager at SBI General Insurance is 46% less than the average salary of a Senior Business Development Manager in New Delhi. 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 New Delhi.

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

ICICI Lombard General Insurance Company Senior Business Development Manager Salary - ₹5.4 Lakhs to ₹14.0 Lakhs per year
MakeMyTrip Senior Business Development Manager Salary - ₹5.0 Lakhs to ₹11.5 Lakhs per year
SBI Life Insurance Company Senior Business Development Manager Salary - ₹3.4 Lakhs to ₹7.8 Lakhs per year

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

Bajaj Allianz Life Insurance Senior Business Development Manager Salary - ₹4.2 Lakhs to ₹6.0 Lakhs per year
IndusInd Bank Senior Business Development Manager Salary - ₹3.6 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 New Delhi?

The estimated take-home salary of a Senior Business Development Manager at SBI General Insurance ranges between ₹40,007 per month to ₹41,172 per month in New Delhi. The take-home salary calculation is based on the average SBI General Insurance Senior Business Development Manager salary in India which ranges between ₹3.6 Lakhs to ₹6.6 Lakhs per year for employees with experience between 3 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 New Delhi?

According to AmbitionBox, 33% of the SBI General Insurance Senior Business Development Managers in New Delhi reported a notice period of 1 Month, 34% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 9 responses on AmbitionBox in last 2 years.

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SBI General Insurance Senior Business Development Manager Salaries in New Delhi

SBI General Insurance Senior Business Development Manager salary in New Delhi ranges between ₹3.6 Lakhs to ₹6.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 19 SBI General Insurance latest salaries received from various employees of SBI General Insurance.

SBI General Insurance Senior Business Development Manager salaries in New Delhi

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

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

Experience wise SBI General Insurance Senior Business Development Manager salaries in New Delhi

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

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 Senior Business Development Manager Salary FAQs

Tell us how to improve this page.