SBI Life Insurance Company Senior Business Development Executive Salaries by 400+ Employees (Updated 2024)

0 - 10 years exp.

₹2.2 Lakhs - ₹5.4 Lakhs

Salary of majority employees

26% less than the average Senior Business Development Executive Salary in Insurance Companies for 0 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Business Development Executive Salary 0 - 9 years exp. (165 salaries)	₹2.2 L/yr - ₹5.4 L/yr
Sales & Business Development Senior Business Development Executive Salary 0 - 10 years exp. (84 salaries)	₹2.7 L/yr - ₹5.1 L/yr
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Customer Success, Service & Operations Senior Business Development Executive Salary 0 - 10 years exp. (43 salaries)	₹3 L/yr - ₹4.9 L/yr
Finance & Accounting Senior Business Development Executive Salary 0 - 8 years exp. (27 salaries)	₹3 L/yr - ₹5 L/yr
Marketing & Communication Senior Business Development Executive Salary 1 - 7 years exp. (22 salaries)	₹2.7 L/yr - ₹5.2 L/yr

Last Updated: 1 Dec 2024

Companies similar to SBI Life Insurance Company for Senior Business Development Executive

Company name	Avg Annual Salary	Open Jobs
HDFC Life Senior Business Development Executive Salary 5 - 8 years exp. (3 salaries)	₹4.5 L/yr - ₹5.5 L/yr 23% more
Max Life Insurance Senior Business Development Executive Salary 3 - 10 years exp. (4 salaries)	₹3.8 L/yr - ₹5.5 L/yr 12% more
Login to view exact salary
Bajaj Allianz Life Insurance Senior Business Development Executive Salary 0 - 5 years exp. (5 salaries)	₹1.8 L/yr - ₹5.6 L/yr 2% more
Kotak Mahindara Life Insurance Senior Business Development Executive Salary 6 - 12 years exp. (4 salaries)	₹2.4 L/yr - ₹6 L/yr 19% more
Bharti AXA Life Insurance Senior Business Development Executive Salary 2 - 12 years exp. (24 salaries)	₹3.4 L/yr - ₹7.2 L/yr 35% more
ICICI Lombard General Insurance Company Senior Business Development Executive Salary 1 - 11 years exp. (86 salaries)	₹3.2 L/yr - ₹8 L/yr 37% more
PNB MetLife Senior Business Development Executive Salary 0 - 12 years exp. (5 salaries)	₹3.2 L/yr - ₹7.5 L/yr 38% more
SBI General Insurance Senior Business Development Executive Salary 3 - 6 years exp. (4 salaries)	₹3.8 L/yr - ₹6 L/yr 24% more

Senior Business Development Executive salary at SBI Life Insurance Company ranges between ₹2.2 Lakhs to ₹5.4 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 465 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Senior Business Development Executive salaries

Last Updated: 1 Dec 2024

Experience	Avg Annual Salary
Fresher (12 salaries)	₹3 L/yr - ₹4.8 L/yr
1 year (23 salaries)	₹2.4 L/yr - ₹4.7 L/yr
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2 years (43 salaries)	₹2.2 L/yr - ₹4.8 L/yr
3 years (72 salaries)	₹3 L/yr - ₹5 L/yr
4 years (96 salaries)	₹2.9 L/yr - ₹5.1 L/yr
5 years (99 salaries)	₹2.7 L/yr - ₹5 L/yr
6 years (54 salaries)	₹3 L/yr - ₹5.4 L/yr
7 years (28 salaries)	₹3 L/yr - ₹5.1 L/yr
8 years (21 salaries)	₹3.5 L/yr - ₹5.3 L/yr
9 years (12 salaries)	₹3.5 L/yr - ₹5 L/yr
10 years (5 salaries)	₹3.5 L/yr - ₹4.7 L/yr

View all

From

Senior Business Development Executive

₹

Lakhs/yr

0 - 10 years exp.

Zonal Area Manager

₹

Lakhs/yr

14 - 22 years exp.

Senior Business Development Executive 0 - 10 years exp.

Business Development Manager 0 - 14 years exp.

18% hike

Sr BDM 5 - 13 years exp.

17% hike

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Sales Executive Salary

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Top skills at SBI Life Insurance Company for Senior Business Development Executive

Business Development Area Management bdm Channel Partners bde Sales

Salary related reviews for SBI Life Insurance Company

3.4

Rated by 181 employees for salary & benefits

Senior Business Development Executive in Ongole

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.

Senior Business Development Executive in Fatehpur Sikri

BFSI, Investments & Trading Department

1.0

• posted on 31 May 2022

1.0

for Salary and Benefits

Likes

Work culture is worst in the whole world. Management is worst in the whole world specially salary deduction is the main culture in management just because of management mood I have proof for the same anyone can ask me for that I'll show you. As compare to other company working in India the company policies are also not good.

Dislikes

...ted in managerial position at fatehpur in U.P. he behaves himself like superman. He deducts the salary without reason record voice calling of thier subordinates then blackmail them threat them for salary deduction and job loss etc.. etc.. etc.. That's why I request you all DON'T JOIN SBILIFE BEWARE OF SBILIFE. This is not a one man story it's a culture of sbilife. I personally faced all the things mentioned above it's not a story it's a fact of so called SBILIFE INSURANCE COMPANY LTD. THANK YOU JAI HIND JAI BHARAT

Senior Business Development Executive in Raipur

Sales Department

4.0

• posted on 24 Sep 2021

5.0

for Salary and Benefits

Likes

Very good job security, salary on time. QVP is good. Promotion criteria is fully transparent upto Senior BDM level.

Dislikes

Company is very good but some senior person are pulling down its reputation. Specially in Bhopal circle, seniors like Deputy RM, ZAM put excessive pressure to sell only one specific product. Too much Whatsapp groups. There are too much "Yes Sir" man here. Conference calls and training only conducted on weekends.

Senior Business Development Executive in Bangalore / Bengaluru

Sales & Marketing Department

1.0

• posted on 20 Oct 2021

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...r not selling particular product which they say and their is no much benefit.... Lesser salary more working hours and HR department is not strong .... I feel school kind of office like punishment and unofficial words .... Please do not join this company and worst company ever

Senior Business Development Executive in Godda

BANCASSURANCE(LIFE INSURANCE) Department

4.0

• posted on 02 Dec 2017

4.0

for Salary and Benefits

Likes

This company is well inovative and career growth in this compny is average....There is a little bit of Job security , salary and appraisal is good...Frequent traveling...No politics...work environment is average....Work life balance is good...

Dislikes

Frequent traveling

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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 Senior Business Development Executive Salary FAQs

What is the salary of Senior Business Development Executive at SBI Life Insurance Company?

Senior Business Development Executive salary at SBI Life Insurance Company in India ranges between ₹2.2 Lakhs to ₹5.4 Lakhs for less than 1 year of experience to 10 years. According to our estimates it is 26% less than the average Senior Business Development Executive Salary in India. Salary estimates are based on 465 latest salaries received from various employees of SBI Life Insurance Company India.

How does the salary of a Senior Business Development Executive at SBI Life Insurance Company India compare with the average salary range for this job?

The average salary of a Senior Business Development Executive at SBI Life Insurance Company is 26% less than the average salary of a Senior Business Development Executive in India. To know exact salary insights, login to view.

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

Business Development, Area Management, bdm, Channel Partners and bde are some of the popular skills required to work as a Senior Business Development Executive at SBI Life Insurance Company India.

Which similar companies are paying more than SBI Life Insurance Company to a Senior Business Development Executive in India?

PNB MetLife Senior Business Development Executive Salary - ₹3.2 Lakhs to ₹7.5 Lakhs per year
ICICI Lombard General Insurance Company Senior Business Development Executive Salary - ₹3.2 Lakhs to ₹8.0 Lakhs per year
Bharti AXA Life Insurance Senior Business Development Executive Salary - ₹3.4 Lakhs to ₹7.2 Lakhs per year
SBI General Insurance Senior Business Development Executive Salary - ₹3.8 Lakhs to ₹6.0 Lakhs per year
HDFC Life Senior Business Development Executive Salary - ₹4.5 Lakhs to ₹5.5 Lakhs per year

What is the salary of a Senior Business Development Executive in companies similar to SBI Life Insurance Company in India?

Kotak Mahindara Life Insurance Senior Business Development Executive Salary - ₹2.4 Lakhs to ₹6.0 Lakhs per year
Max Life Insurance Senior Business Development Executive Salary - ₹3.8 Lakhs to ₹5.5 Lakhs per year
Bajaj Allianz Life Insurance Senior Business Development Executive Salary - ₹1.8 Lakhs to ₹5.6 Lakhs per year

What is the estimated take home salary of a Senior Business Development Executive at SBI Life Insurance Company in India?

The estimated take-home salary of a Senior Business Development Executive at SBI Life Insurance Company ranges between ₹30,117 per month to ₹31,429 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Senior Business Development Executive salary in India which ranges between ₹2.2 Lakhs to ₹5.4 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 Senior Business Development Executive at SBI Life Insurance Company?

According to AmbitionBox, 46% of the SBI Life Insurance Company Senior Business Development Executives reported a notice period of 1 Month, 35% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 605 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Senior Business Development Executive Salaries

SBI Life Insurance Company Senior Business Development Executive salary in India ranges between ₹2.2 Lakhs to ₹5.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 465 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

SBI Life Insurance Company Senior Business Development Executive salaries in India

Companies similar to SBI Life Insurance Company for Senior Business Development Executive

Latest annual salaries shared by SBI Life Insurance Company Senior Business Development Executive

Experience wise SBI Life Insurance Company Senior Business Development Executive salaries

Similar Designation salaries in SBI Life Insurance Company

Top skills at SBI Life Insurance Company for Senior Business Development Executive

Salary related reviews for SBI Life Insurance Company

Senior Business Development Executive in Ongole

Senior Business Development Executive in Fatehpur Sikri

Senior Business Development Executive in Raipur

Senior Business Development Executive in Bangalore / Bengaluru

Senior Business Development Executive in Godda

SBI Life Insurance Company Senior Business Development Executive Salary FAQs

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SBI Life Insurance Company Senior Business Development Executive Salaries by Location