SBI Life Insurance Company Kolkata Development Manager Salaries by 20+ Employees (Updated 2024)

0 - 10 years exp.

₹2 Lakhs - ₹4 Lakhs

Salary of majority employees

9% less than the average Development Manager Salary in Insurance Companies for 0 - 10 years of experience

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Salaries in different departments

Sales & Business Development Development Manager Salary 1 - 10 years exp. (8 salaries)	₹2.5 L/yr - ₹3.4 L/yr
Finance & Accounting Development Manager Salary 0 - 3 years exp. (3 salaries)	₹2.5 L/yr - ₹3.4 L/yr
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BFSI, Investments & Trading Development Manager Salary 4 - 8 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.2 L/yr
Marketing & Communication Development Manager Salary 1 year exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.3 L/yr

Last Updated: 8 Dec 2024

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

SBI Life Insurance Company Development Manager Salary

0 - 10 years exp. (20 salaries)

₹2 L/yr - ₹4 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 23% more
HDFC Ergo General Insurance Development Manager Salary 4 - 9 years exp. (4 salaries)	₹5 L/yr - ₹6.5 L/yr 85% more
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Edelweiss Life Insurance Development Manager Salary 1 - 8 years exp. (8 salaries)	₹2.2 L/yr - ₹3.5 L/yr 3% less
Berger Paints Development Manager Salary 5 - 21 years exp. (6 salaries)	₹13.7 L/yr - ₹18.1 L/yr 420% more
BALLY JUTE COMPANY Development Manager Salary 20 - 21 years exp. (3 salaries)	₹9 L/yr - ₹11.5 L/yr 226% more

Development Manager salary at SBI Life Insurance Company ranges between ₹2 Lakhs to ₹4 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 20 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Development Manager salaries in Kolkata

Last Updated: 8 Dec 2024

Experience	Avg Annual Salary
Fresher (3 salaries)	₹2.2 L/yr - ₹5 L/yr
1 year (5 salaries)	₹2 L/yr - ₹5.1 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 - ₹5.5 L/yr
6 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.3 L/yr
7 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
8 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.8 L/yr
9 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
10 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.4 L/yr

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Similar Designation salaries in SBI Life Insurance Company

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₹2 L/yr - ₹5.6 L/yr

Business Development Executive Salary

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Associate Vice President Salary

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BDM Salary

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Sales Support Associate Salary

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Operations Associate Salary

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₹1.6 L/yr - ₹3.1 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 😭

Dislikes

Every thing Accept salary on time

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.

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.

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

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

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.

Dislikes

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

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Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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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 ₹2.0 Lakhs to ₹4.0 Lakhs for less than 1 year of experience to 10 years. According to our estimates it is 9% less than the average Development Manager Salary in India. Salary estimates are based on 20 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 9% 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
BALLY JUTE COMPANY Development Manager Salary - ₹9.0 Lakhs to ₹11.5 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?

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 ₹22,056 per month to ₹23,538 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 ₹2.0 Lakhs to ₹4.0 Lakhs per year for employees with less than 1 year of experience to 10 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, 32% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 16 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 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 20 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.