Monthly In-hand Salary
17% less than the average Business Development Executive Salary in Insurance Companies for 0 - 7 years of experience
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Salaries in different departments
Sales & Business Development
Business Development Executive Salary
0 - 7
years
exp.
(46
salaries)
|  ₹2.4 L/yr - ₹4.5 L/yr |
BFSI, Investments & Trading
Business Development Executive Salary
1 - 6
years
exp.
(42
salaries)
| ₹2.1 L/yr - ₹4.5 L/yr |
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| |
Marketing & Communication
Business Development Executive Salary
0 - 7
years
exp.
(8
salaries)
| ₹2.5 L/yr - ₹3.9 L/yr |
Customer Success, Service & Operations
Business Development Executive Salary
0 - 7
years
exp.
(6
salaries)
| ₹2.6 L/yr - ₹3.7 L/yr |
Finance & Accounting
Business Development Executive Salary
1 - 5
years
exp.
(5
salaries)
| ₹2.6 L/yr - ₹4.5 L/yr |
Companies similar to SBI Life Insurance Company for Business Development Executive
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 ICICI Lombard General Insurance Company Business Development Executive Salary
0 - 8 years exp. (128 salaries) | ₹2.5 L/yr - ₹6.9 L/yr 
60%
more | |
 SBI General Insurance Business Development Executive Salary
0 - 5 years exp. (35 salaries) | ₹2 L/yr - ₹4.5 L/yr 
5%
less | |
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| ||
 Shriram Life Insurance Business Development Executive Salary
0 - 5 years exp. (30 salaries) | ₹1.4 L/yr - ₹4 L/yr
25%
less | |
 HDFC Life Business Development Executive Salary
1 - 5 years exp. (20 salaries) | ₹1.2 L/yr - ₹4.4 L/yr
13%
less | 2 job openings |
 ICICI Prudential Life Insurance Business Development Executive Salary
0 - 5 years exp. (16 salaries) | ₹2.4 L/yr - ₹6 L/yr
27%
more | |
 Bajaj Allianz Life Insurance Business Development Executive Salary
1 - 8 years exp. (13 salaries) | ₹2.4 L/yr - ₹4.1 L/yr
10%
more | |
 Kotak Mahindara Life Insurance Business Development Executive Salary
1 - 5 years exp. (9 salaries) | ₹1.2 L/yr - ₹4.7 L/yr
2%
more | |
 Star Health & Allied Insurance Business Development Executive Salary
0 - 4 years exp. (9 salaries) | ₹1.8 L/yr - ₹4.5 L/yr
11%
less | |
 HDFC Ergo General Insurance Business Development Executive Salary
1 - 6 years exp. (8 salaries) | ₹1.8 L/yr - ₹4.8 L/yr
4%
less | |
 Axis Max Life Insurance Business Development Executive Salary
0 - 7 years exp. (7 salaries) | ₹2.7 L/yr - ₹5 L/yr At par | |
 Bajaj Allianz General Insurance Business Development Executive Salary
1 - 7 years exp. (6 salaries) | ₹1.8 L/yr - ₹3 L/yr
29%
less | |
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| ||
 PNB MetLife Business Development Executive Salary
0 - 9 years exp. (5 salaries) | ₹2 L/yr - ₹3.8 L/yr
16%
less | |
 MetLife Business Development Executive Salary
4 - 9 years exp. (4 salaries) | ₹2 L/yr - ₹6.2 L/yr
25%
more | |
 Life Insurance Corporation of India Business Development Executive Salary
1 - 3 years exp. (4 salaries) | ₹2 L/yr - ₹6 L/yr
1%
less | |
 Aditya Birla Sun Life Insurance Business Development Executive Salary
0 - 6 years exp. (4 salaries) | ₹2 L/yr - ₹3.1 L/yr
5%
less | |
 The New India Assurance Co. Business Development Executive Salary
31 - 34 years exp. (4 salaries) | ₹8.1 L/yr - ₹12.5 L/yr
170%
more | |
 The Oriental Insurance Co. Business Development Executive Salary
2 - 9 years exp. (3 salaries) | ₹1.2 L/yr - ₹13.8 L/yr
84%
more | |
Latest annual salaries shared by SBI Life Insurance Company Business Development Executive
Experience wise SBI Life Insurance Company Business Development Executive salaries
Last Updated: 20 Mar 2025
| Experience | Avg Annual Salary |
|---|---|
| Fresher (23 salaries) |
₹2
L/yr
- ₹3.9
L/yr
|
| 1 year (44 salaries) |
₹2.3
L/yr
- ₹4.1
L/yr
|
Login to view exact salary
| |
| 2 years (35 salaries) |
₹2.4
L/yr
- ₹4
L/yr
|
| 3 years (25 salaries) |
₹2
L/yr
- ₹4.5
L/yr
|
| 4 years (16 salaries) |
₹2
L/yr
- ₹4.5
L/yr
|
From
To
Business Development Executive
Lakhs/yr
0 - 7 years exp.
Zonal Area Manager
Lakhs/yr
14 - 21 years exp.
Business Development Executive
0 - 7 years exp.
Sr. BDE
2 - 9 years exp.
29% hike
BDM
2 - 9 years exp.
9% hike
Similar Designation salaries in SBI Life Insurance Company
Top skills at SBI Life Insurance Company for Business Development Executive
Salary related reviews for SBI Life Insurance Company
Discover interview dos and don'ts from real experiences
Top trending discussions
SBI Life Insurance Company Business Development Executive Salary FAQs
The top 10% of Business Development Executive at SBI Life Insurance Company earn more than ₹3.9 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Business Development Executive Salaries at SBI Life Insurance Company can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.
These estimates are based on salary data submitted by 100+ SBI Life Insurance Company employees in India.
- - Business Development
- - Business Development Management
- - Area Management
- - bdm
- - bde
These skills are highly valued at SBI Life Insurance Company and are crucial for successful performance in a Software Engineering role.
| The New India Assurance Co. | ₹8.1 Lakhs to ₹12.5 Lakhs per year |
| The Oriental Insurance Co. | ₹1.2 Lakhs to ₹13.8 Lakhs per year |
| ICICI Lombard General Insurance Company | ₹2.5 Lakhs to ₹6.9 Lakhs per year |
| ICICI Prudential Life Insurance | ₹2.4 Lakhs to ₹6.0 Lakhs per year |
| MetLife | ₹2.0 Lakhs to ₹6.2 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by SBI Life Insurance Company, depending on the role and experience level.
| Bajaj Allianz Life Insurance | ₹2.4 Lakhs to ₹4.1 Lakhs per year |
| Kotak Mahindara Life Insurance | ₹1.2 Lakhs to ₹4.7 Lakhs per year |
| Axis Max Life Insurance | ₹2.7 Lakhs to ₹5.0 Lakhs per year |
| Life Insurance Corporation of India | ₹2.0 Lakhs to ₹6.0 Lakhs per year |
| HDFC Ergo General Insurance | ₹1.8 Lakhs to ₹4.8 Lakhs per year |
These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
| Experience | Average Salary Range |
|---|---|
| Fresher | ₹2.0 Lakhs to ₹3.9 Lakhs per year |
| 1 year | ₹2.3 Lakhs to ₹4.1 Lakhs per year |
| 2 years | ₹2.4 Lakhs to ₹4.0 Lakhs per year |
| 3 years | ₹2.0 Lakhs to ₹4.5 Lakhs per year |
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SBI Life Insurance Company Business Development Executive Salaries by Location
- SBI Life Insurance Company Business Development Executive salaries in New Delhi
- SBI Life Insurance Company Business Development Executive salaries in Kolkata
- SBI Life Insurance Company Business Development Executive salaries in Hyderabad / Secunderabad
- SBI Life Insurance Company Business Development Executive salaries in Bangalore / Bengaluru
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SBI Life Insurance Company Business Development Executive salary
in
India
ranges between ₹2
Lakhs to ₹4.5
Lakhs with an average annual salary of
₹. Salary estimates are based on
170
SBI Life Insurance Company latest salaries received from various employees of
SBI Life Insurance Company.