SBI Life Insurance Company Kolkata Development Manager Salaries by 20+ Employees (Updated 2025)

0 - 12 years exp.

₹2.2 Lakhs - ₹4.3 Lakhs

Salary of majority employees

At par with the average Development Manager Salary in Insurance Companies for 0 - 12 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

Sales & Business Development Development Manager Salary 1 - 12 years exp. (9 salaries)	₹2.5 L/yr - ₹4.3 L/yr
Finance & Accounting Development Manager Salary 0 - 3 years exp. (3 salaries)	₹2.5 L/yr - ₹3.6 L/yr
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BFSI, Investments & Trading Development Manager Salary 4 - 8 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.6 L/yr
Marketing & Communication Development Manager Salary 1 year exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.6 L/yr

Last Updated: 22 Jan 2025

Companies similar to SBI Life Insurance Company for Development Manager in Kolkata

SBI Life Insurance Company Development Manager Salary

0 - 12 years exp. (21 salaries)

₹2.2 L/yr - ₹4.3 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Development Manager Salary 2 - 8 years exp. (6 salaries)	₹2.5 L/yr - ₹4 L/yr 19% more
HDFC Ergo General Insurance Development Manager Salary 4 - 9 years exp. (4 salaries)	₹5 L/yr - ₹6.5 L/yr 76% more
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ICICI Lombard General Insurance Company Development Manager Salary 0 - 2 years exp. (3 salaries)	₹3 L/yr - ₹3.1 L/yr 3% less
Edelweiss Life Insurance Development Manager Salary 1 - 8 years exp. (8 salaries)	₹2.2 L/yr - ₹3.5 L/yr 5% less	10 job openings
Berger Paints Development Manager Salary 5 - 21 years exp. (6 salaries)	₹13.7 L/yr - ₹18.1 L/yr 393% more

Development Manager salary at SBI Life Insurance Company ranges between ₹2.2 Lakhs to ₹4.3 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 21 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Development Manager salaries in Kolkata

Last Updated: 22 Jan 2025

Experience	Avg Annual Salary
Fresher (3 salaries)	₹2.2 L/yr - ₹5.1 L/yr
1 year (4 salaries)	₹2.4 L/yr - ₹5.2 L/yr
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2 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3 L/yr
3 years (4 salaries)	₹2.5 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.2 L/yr
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.7 L/yr
6 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.3 L/yr
7 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
8 years (3 salaries)	₹3 L/yr - ₹4 L/yr
9 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
10 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹6.3 L/yr
11 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
12 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹4.3 L/yr

View all

Similar Designation salaries in SBI Life Insurance Company

Area Manager Salary

(33 salaries)

₹5.1 L/yr - ₹12 L/yr

Senior Associate Salary

(32 salaries)

₹2 L/yr - ₹5.6 L/yr

Business Development Executive Salary

(24 salaries)

₹2.4 L/yr - ₹4 L/yr

Associate Vice President Salary

(10 salaries)

₹12 L/yr - ₹25.13 L/yr

BDM Salary

(7 salaries)

₹2.5 L/yr - ₹5.5 L/yr

Operations Associate Salary

(6 salaries)

₹1.6 L/yr - ₹3.1 L/yr

Sales Support Associate Salary

(6 salaries)

₹1.2 L/yr - ₹2.44 L/yr

Top skills at SBI Life Insurance Company for Development Manager

Sales Tied Channel Casa Insurance Pharmaceutical Sales

Salary related reviews for SBI Life Insurance Company

1.5

Rated by 2 employees for salary & benefits

Development Manager in Jhargram

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 18 Oct 2023

1.0

for Salary and Benefits

Likes

...R profile like a puppet.Every single decesion are managed by higher authorities. No work and life balance, salary are on time but no increment very pathetic salary structure. No self respect. No work time. No emotion . Daily pressure. Vary vary bad 😭

Job security - Good

+1 more

Dislikes

Every thing Accept salary on time

Salary - Bad

+4 more

Development Manager in Kolhapur

Full Time

Sales & Business Development Department

3.0

• posted on 23 Mar 2024

2.0

for Salary and Benefits

Likes

SBI LIFE company one of d best Lerner and advance business development company. I learnt about recruitment, business development, product knowledge, proper training, market identification, prospect screening everything... This base given me stronger now make my leadership skills, culture is very good, supportive operation staff, digital marketing services also digital payment security is one of d best function. I like learning, build relationships with my team, products and culture.

Skill development - Good

+2 more

Dislikes

It's issue about low salary, holiday weekend not allowed, some seniors behaviour very rude and harrasment. Company HR not responded after leaving job, some manager HR not understanding what is situation about employee. Very badly speak in front of our team, ts hurt.

Salary - Poor

Development Manager in New Delhi

Full Time

Other Department

5.0

• posted on 25 Nov 2023

5.0

for Salary and Benefits

Likes

Company is very good mangement is also good everyone supporting everything

Salary - Excellent

+6 more

Dislikes

There are not supporting lead and salary is fixed convince is fixed adviser earn more commission and incentives is very cheap

Development Manager in Chikkaballapur

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 05 Aug 2023

5.0

for Salary and Benefits

Likes

Good company banded n work culture is very good company provide salary before 31st to motivate employees

Salary - Excellent

+4 more

Dislikes

As its a sales profile it involves pressure n one more thing us as v appoint advisors advisors won't work only DM should work n give benefits to the lm sone lms are only for fulfilling job criteria 90% LM job is going to be done by DM only

Product Manager in Mumbai

Engineering - Software & QA Department

5.0

• posted on 03 Sep 2020

3.0

for Salary and Benefits

Likes

During this Covid-19, SBI Life is very supportive & understands the situation well. SBI Life is allowing and encouraging it's employees to work from home, for the same company's IT team is providing all support and resources to make work from home convenient for all.

Skill development - Excellent

+3 more

Dislikes

Career growth and opportunities are low. Compensation n Benefits are average.

Promotions - Poor

see more salary related reviews

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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SBI Life Insurance Company Development Manager Salary FAQs

What is the salary of Development Manager at SBI Life Insurance Company Kolkata?

Development Manager salary at SBI Life Insurance Company in Kolkata ranges between ₹2.2 Lakhs to ₹4.3 Lakhs for less than 1 year of experience to 12 years. According to our estimates it is 4% less than the average Development Manager Salary in India. Salary estimates are based on 21 latest salaries received from various employees of SBI Life Insurance Company Kolkata.

How does the salary of a Development Manager at SBI Life Insurance Company Kolkata compare with the average salary range for this job?

The average salary of a Development Manager at SBI Life Insurance Company is 4% less than the average salary of a Development Manager in Kolkata. To know exact salary insights, login to view.

What are the top skills required to work as a Development Manager at SBI Life Insurance Company?

Sales, Tied Channel, Casa, Insurance and Pharmaceutical Sales are some of the popular skills required to work as a Development Manager at SBI Life Insurance Company Kolkata.

Which similar companies are paying more than SBI Life Insurance Company to a Development Manager in Kolkata?

Berger Paints Development Manager Salary - ₹13.7 Lakhs to ₹18.1 Lakhs per year
HDFC Ergo General Insurance Development Manager Salary - ₹5.0 Lakhs to ₹6.5 Lakhs per year
ICICI Prudential Life Insurance Development Manager Salary - ₹2.5 Lakhs to ₹4.0 Lakhs per year

What is the salary of a Development Manager in companies similar to SBI Life Insurance Company in Kolkata?

ICICI Lombard General Insurance Company Development Manager Salary - ₹3.0 Lakhs to ₹3.1 Lakhs per year
Edelweiss Life Insurance Development Manager Salary - ₹2.2 Lakhs to ₹3.5 Lakhs per year

What is the estimated take home salary of a Development Manager at SBI Life Insurance Company in Kolkata?

The estimated take-home salary of a Development Manager at SBI Life Insurance Company ranges between ₹23,373 per month to ₹24,836 per month in Kolkata. The take-home salary calculation is based on the average SBI Life Insurance Company Development Manager salary in India which ranges between ₹2.2 Lakhs to ₹4.3 Lakhs per year for employees with less than 1 year of experience to 12 years. Check how did we calculate take home salary?

What is the notice period for Development Manager at SBI Life Insurance Company in Kolkata?

According to AmbitionBox, 56% of the SBI Life Insurance Company Development Managers in Kolkata reported a notice period of 1 Month, 27% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 18 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Development Manager Salaries in Kolkata

SBI Life Insurance Company Development Manager salary in Kolkata ranges between ₹2.2 Lakhs to ₹4.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 21 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.