SBI Life Insurance Company New Delhi Development Manager Salaries by 40+ Employees (Updated 2024)

0 - 10 years exp.

₹2.4 Lakhs - ₹4.5 Lakhs

Salary of majority employees

19% 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 0 - 8 years exp. (13 salaries)	₹3 L/yr - ₹4.2 L/yr
Customer Success, Service & Operations Development Manager Salary 1 - 9 years exp. (6 salaries)	₹2.4 L/yr - ₹4.5 L/yr
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BFSI, Investments & Trading Development Manager Salary 1 - 8 years exp. (5 salaries)	₹3.3 L/yr - ₹4.5 L/yr
Finance & Accounting Development Manager Salary 0 - 7 years exp. (4 salaries)	₹3 L/yr - ₹4 L/yr
Marketing & Communication Development Manager Salary 0 - 6 years exp. (4 salaries)	₹3 L/yr - ₹4 L/yr

Last Updated: 2 Dec 2024

Companies similar to SBI Life Insurance Company for Development Manager in New Delhi

SBI Life Insurance Company Development Manager Salary

0 - 10 years exp. (44 salaries)

₹2.4 L/yr - ₹4.5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Development Manager Salary 2 - 10 years exp. (11 salaries)	₹3.3 L/yr - ₹5 L/yr 15% more
Kotak Mahindara Life Insurance Development Manager Salary 1 - 9 years exp. (4 salaries)	₹4 L/yr - ₹4.6 L/yr 20% more
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ICICI Lombard General Insurance Company Development Manager Salary 2 - 5 years exp. (9 salaries)	₹3.5 L/yr - ₹4.3 L/yr 9% more
Edelweiss Tokio Life Insurance Development Manager Salary 0 - 9 years exp. (10 salaries)	₹2.5 L/yr - ₹5 L/yr 10% less
Bravura Solutions Development Manager Salary 10 - 14 years exp. (7 salaries)	₹17.1 L/yr - ₹28 L/yr 623% more

Development Manager salary at SBI Life Insurance Company ranges between ₹2.4 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 44 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Development Manager salaries in New Delhi

Last Updated: 2 Dec 2024

Experience	Avg Annual Salary
Fresher (3 salaries)	₹3 L/yr - ₹3.5 L/yr
1 year (4 salaries)	₹2.5 L/yr - ₹4.1 L/yr
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2 years (5 salaries)	₹2.5 L/yr - ₹4.2 L/yr
3 years (9 salaries)	₹3 L/yr - ₹4.1 L/yr
4 years (8 salaries)	₹3 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹6.5 L/yr
6 years (6 salaries)	₹2.9 L/yr - ₹4 L/yr
7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.7 L/yr
8 years (5 salaries)	₹3.3 L/yr - ₹4.5 L/yr
9 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.9 L/yr
10 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹7 L/yr

View all

Similar Designation salaries in SBI Life Insurance Company

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₹15 L/yr - ₹25 L/yr

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₹3 L/yr - ₹4 L/yr

Senior Associate Operations Salary

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₹3 L/yr - ₹5 L/yr

Sales Support Associate Salary

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₹2.15 L/yr - ₹3 L/yr

Operations Associate Salary

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₹2.3 L/yr - ₹3.2 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

4.5

Rated by 4 employees for salary & benefits

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 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 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 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 Life Insurance Company Development Manager Salary FAQs

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

Development Manager salary at SBI Life Insurance Company in New Delhi ranges between ₹2.4 Lakhs to ₹4.5 Lakhs for less than 1 year of experience to 10 years. According to our estimates it is 19% less than the average Development Manager Salary in India. Salary estimates are based on 44 latest salaries received from various employees of SBI Life Insurance Company New Delhi.

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

The average salary of a Development Manager at SBI Life Insurance Company is 19% less than the average salary of a Development Manager in New Delhi. 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 New Delhi.

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

Bravura Solutions Development Manager Salary - ₹17.1 Lakhs to ₹28.0 Lakhs per year
Kotak Mahindara Life Insurance Development Manager Salary - ₹4.0 Lakhs to ₹4.6 Lakhs per year
ICICI Prudential Life Insurance Development Manager Salary - ₹3.3 Lakhs to ₹5.0 Lakhs per year
ICICI Lombard General Insurance Company Development Manager Salary - ₹3.5 Lakhs to ₹4.3 Lakhs per year

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

Edelweiss Tokio Life Insurance Development Manager Salary - ₹2.5 Lakhs to ₹5.0 Lakhs per year

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

The estimated take-home salary of a Development Manager at SBI Life Insurance Company ranges between ₹26,465 per month to ₹27,882 per month in New Delhi. The take-home salary calculation is based on the average SBI Life Insurance Company Development Manager salary in India which ranges between ₹2.4 Lakhs to ₹4.5 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 New Delhi?

According to AmbitionBox, 48% of the SBI Life Insurance Company Development Managers in New Delhi reported a notice period of 15 days or less, 36% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 31 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Development Manager Salaries in New Delhi

SBI Life Insurance Company Development Manager salary in New Delhi ranges between ₹2.4 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 44 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

SBI Life Insurance Company Development Manager salaries in New Delhi

Companies similar to SBI Life Insurance Company for Development Manager in New Delhi

Latest annual salaries shared by SBI Life Insurance Company Development Manager in New Delhi

Experience wise SBI Life Insurance Company Development Manager salaries in New Delhi

Similar Designation salaries in SBI Life Insurance Company

Top skills at SBI Life Insurance Company for Development Manager

Salary related reviews for SBI Life Insurance Company

Development Manager in New Delhi

Development Manager in Jhargram

Development Manager in Kolhapur

Development Manager in Chikkaballapur

Product Manager in Mumbai

SBI Life Insurance Company Development Manager Salary FAQs

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