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SBI Life Insurance Company Business Development Associate salaries in India

Annual salary range
0 - 4 years exp.
₹2.3 Lakhs - ₹4.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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40% less than the average Business Development Associate Salary in Insurance Companies for 0 - 4 years of experience

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Last Updated: 19 Aug 2023

Companies similar to SBI Life Insurance Company for Business Development Associate

Company name Avg Annual Salary Open Jobs
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₹3 L/yr - ₹4.7 L/yr

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₹2.3 L/yr - ₹8 L/yr

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₹3.5 L/yr - ₹4.9 L/yr

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₹2.3 L/yr - ₹3 L/yr

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₹4 L/yr - ₹11 L/yr

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₹2.5 L/yr - ₹5 L/yr

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₹3 L/yr - ₹12 L/yr

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₹2 L/yr - ₹3.5 L/yr

arrow icon 27% less
1 job opening
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₹2.5 L/yr - ₹4.7 L/yr

arrow icon 12% more
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₹2.1 L/yr - ₹3 L/yr

arrow icon 27% less
Business Development Associate salary at SBI Life Insurance Company ranges between ₹2.3 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 5 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Business Development Associate

1y ago
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3 years exp.

Experience wise SBI Life Insurance Company Business Development Associate salaries

Last Updated: 19 Aug 2023

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.4 L/yr - ₹4.3 L/yr
1 year (AmbitionBox Estimate)

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₹2.3 L/yr - ₹3.4 L/yr
2 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.6 L/yr
3 years (AmbitionBox Estimate)

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₹1.4 L/yr - ₹4.5 L/yr
4 years (AmbitionBox Estimate)

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₹1.5 L/yr - ₹4.3 L/yr

Similar Designation salaries in SBI Life Insurance Company

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₹4.25 L/yr - ₹6.5 L/yr
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₹3 L/yr - ₹3.75 L/yr
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₹1.9 L/yr - ₹7 L/yr
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₹2 L/yr - ₹4.5 L/yr
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₹4.1 L/yr - ₹5.2 L/yr
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₹2.2 L/yr - ₹5.35 L/yr
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₹3 L/yr - ₹5 L/yr
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₹4 L/yr - ₹11.5 L/yr
Sales Associate Salary
(21 salaries)
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₹1 L/yr - ₹3.6 L/yr
Inside Sales Executive Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

Salary related reviews for SBI Life Insurance Company

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 05 Aug 2023

5.0
 for  Salary and Benefits

Likes

I am so Proud to say Working this organisation last 4years. i got a two promotions last two years.

Dislikes

I expecting Long time Vintage Employes Expect Minimum Salary hike. because Now a days out side companies giving a more salary hikes Vintage persons so Our Company giving a minimum hikes of Vintage Employes it will so benefit and no one live Our Company.

read more

Full Time

 · 

Marketing & Communication Department

4.0
  •  posted on 13 Sep 2023

5.0
 for  Salary and Benefits

Likes

very good company with good oppurtunities and good pay

Dislikes

management is not so good,specially our managers always threatning for resign and salary hold.company needs to fix this kind of problems for their employee to work with full motivation

read more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 09 Jun 2023

2.0
 for  Salary and Benefits

Likes

No positive to tell company not good salary not good supporting staff.

Dislikes

Treating very cheap to front line employees(Field workers).and also no support to superior s.. always blamed for front line employees.

read more

Full Time

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Sales & Business Development Department

3.0
  •  posted on 01 Feb 2023

2.0
 for  Salary and Benefits

Likes

Company culture is very bad only pressure nothing or

Dislikes

Official working days me bhi office bulate hain aur bill pay nahi karte hain personal life jaish kuchh nahi rehta hain aur morning 7:00am zoom start kar dete hain

read more

Full Time

 · 

Sels Department

5.0
  •  posted on 12 Apr 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

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

read more
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SBI Life Insurance Company Business Development Associate Salary FAQs

What is the salary of Business Development Associate at SBI Life Insurance Company?
Business Development Associate salary at SBI Life Insurance Company in India ranges between ₹2.3 Lakhs to ₹4.5 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 40% less than the average Business Development Associate Salary in India. Salary estimates are based on 5 latest salaries received from various employees of SBI Life Insurance Company India.
How does the salary of a Business Development Associate at SBI Life Insurance Company India compare with the average salary range for this job?
The average salary of a Business Development Associate at SBI Life Insurance Company is 40% less than the average salary of a Business Development Associate in India. To know exact salary insights, login to view.
Which similar companies are paying more than SBI Life Insurance Company to a Business Development Associate in India?
  • Life Insurance Corporation of India Business Development Associate Salary - ₹3.0 Lakhs to ₹12.0 Lakhs per year
  • Kotak Mahindara Life Insurance Business Development Associate Salary - ₹4.0 Lakhs to ₹11.0 Lakhs per year
  • HDFC Life Business Development Associate Salary - ₹2.3 Lakhs to ₹8.0 Lakhs per year
  • Max Life Insurance Business Development Associate Salary - ₹3.5 Lakhs to ₹4.9 Lakhs per year
  • Tata AIA Life Insurance Business Development Associate Salary - ₹2.5 Lakhs to ₹5.0 Lakhs per year
What is the salary of a Business Development Associate in companies similar to SBI Life Insurance Company in India?
  • ICICI Prudential Life Insurance Business Development Associate Salary - ₹3.0 Lakhs to ₹4.7 Lakhs per year
  • ICICI Lombard General Insurance Company Business Development Associate Salary - ₹2.5 Lakhs to ₹4.7 Lakhs per year
  • Bajaj Allianz Life Insurance Business Development Associate Salary - ₹2.3 Lakhs to ₹3.0 Lakhs per year
  • SBI General Insurance Business Development Associate Salary - ₹2.0 Lakhs to ₹3.5 Lakhs per year
  • Star Health & Allied Insurance Business Development Associate Salary - ₹2.1 Lakhs to ₹3.0 Lakhs per year
What is the estimated take home salary of a Business Development Associate at SBI Life Insurance Company in India?
The estimated take-home salary of a Business Development Associate at SBI Life Insurance Company ranges between ₹25,084 per month to ₹26,522 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Business Development Associate salary in India which ranges between ₹2.3 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?
What is the notice period for Business Development Associate at SBI Life Insurance Company?
According to AmbitionBox, 50% of the SBI Life Insurance Company Business Development Associates reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

SBI Life Insurance Company Business Development Associate salary in India ranges between ₹2.3 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.