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

5 - 13 years exp.

₹3.5 Lakhs - ₹7 Lakhs

Salary of majority employees

35% less than the average Senior Business Development Manager Salary in Insurance Companies for 5 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Business Development Manager Salary 5 - 13 years exp. (11 salaries)	₹4.1 L/yr - ₹7 L/yr
Marketing & Communication Senior Business Development Manager Salary 7 - 10 years exp. (4 salaries)	₹4.3 L/yr - ₹6.2 L/yr
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Sales & Business Development Senior Business Development Manager Salary 5 - 6 years exp. (4 salaries)	₹3.5 L/yr - ₹6 L/yr

Last Updated: 5 Mar 2025

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

SBI Life Insurance Company Senior Business Development Manager Salary

5 - 13 years exp. (22 salaries)

₹3.5 L/yr - ₹7 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance Senior Business Development Manager Salary 1 - 12 years exp. (16 salaries)	₹4 L/yr - ₹5 L/yr 19% less
Kotak Mahindara Life Insurance Senior Business Development Manager Salary 4 - 9 years exp. (4 salaries)	₹3.6 L/yr - ₹5.5 L/yr 11% less
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Bharti AXA Life Insurance Senior Business Development Manager Salary 7 - 18 years exp. (3 salaries)	₹3.2 L/yr - ₹4.4 L/yr 38% less
SBI General Insurance Senior Business Development Manager Salary 3 - 12 years exp. (14 salaries)	₹3.4 L/yr - ₹6.5 L/yr 5% less	2 job openings
PNB MetLife Senior Business Development Manager Salary 7 - 16 years exp. (3 salaries)	₹5.5 L/yr - ₹6.3 L/yr 5% more

Senior Business Development Manager salary at SBI Life Insurance Company ranges between ₹3.5 Lakhs to ₹7 Lakhs per year for employees with experience between 5 years to 13 years. Salary estimates are based on 22 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Senior Business Development Manager salaries in Kolkata

Last Updated: 5 Mar 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹8.9 L/yr
6 years (6 salaries)	₹3.5 L/yr - ₹6 L/yr
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7 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹9.5 L/yr
8 years (4 salaries)	₹4.2 L/yr - ₹9.9 L/yr
9 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹10.2 L/yr
10 years (3 salaries)	₹4.9 L/yr - ₹6.6 L/yr
11 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
12 years (AmbitionBox Estimate)	₹5 L/yr - ₹11.1 L/yr
13 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.5 L/yr

View all

Similar Designation salaries in SBI Life Insurance Company

Business Development Manager Salary

(69 salaries)

₹1.9 L/yr - ₹6.35 L/yr

Senior Business Development Executive Salary

(40 salaries)

₹2.7 L/yr - ₹4.7 L/yr

Business Development Executive Salary

(24 salaries)

₹2.4 L/yr - ₹4 L/yr

Salary related reviews for SBI Life Insurance Company

2.0

Rated by 3 employees for salary & benefits

Senior Business Development Manager in Katni

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 20 Apr 2022

2.0

for Salary and Benefits

Likes

Best brand in insurance sector..well known..

Skill development - Good

+4 more

Dislikes

Salary is low as per targets given by company..incentives are good but company has to think for good salary as well.. Products is not up to the mark as per market competition.

Salary - Poor

Senior Business Development Manager in Nagpur

Sales & Business Development Department

4.0

• posted on 27 Sep 2019

5.0

for Salary and Benefits

Likes

...where but for the same No abusing Words used by Higher authorities for Business. Compensation also good. Over All good company

Salary - Excellent

+6 more

Dislikes

Company has holiday on every 2&3 Saturday.. But we need to go on Works on these Holiday also...

Business Development Manager in Deoghar

Full Time

Marketing & Communication Department

5.0

• posted on 30 Jan 2025

2.0

for Salary and Benefits

Likes

Very good policy, good Behaviour from all senior Management.

Skill development - Good

+3 more

Dislikes

I am working from last 8 year but my salary is very low. If someone working is in other companies and they switched from there to here they are getting good CTC. If you are working in good location and if your assign branch and branch manager is good so you can get promotion but if you not working in good location or your assign branch is not good it's very deficit to get promotion.

Salary - Poor

Area Sales Manager in Vijayawada

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 05 Aug 2023

5.0

for Salary and Benefits

Likes

I am so Proud to say Working this organisation last 4years. i got a two promotions last two years.

Salary - Excellent

+6 more

Dislikes

I expecting Long time Vintage Employes Expect Minimum Salary hike. because Now a days out side companies giving a more salary hikes Vintage persons so Our Company giving a minimum hikes of Vintage Employes it will so benefit and no one live Our Company.

Business Development Executive in Gangtok

Full Time

Marketing & Communication Department

4.0

• posted on 13 Sep 2023

5.0

for Salary and Benefits

Likes

very good company with good oppurtunities and good pay

Salary - Excellent

+4 more

Dislikes

management is not so good,specially our managers always threatning for resign and salary hold.company needs to fix this kind of problems for their employee to work with full motivation

Job security - Poor

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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SBI Life Insurance Company Senior Business Development Manager Salary FAQs

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

Senior Business Development Manager salary at SBI Life Insurance Company in Kolkata ranges between ₹3.5 Lakhs to ₹7.0 Lakhs for experience between 5 years to 13 years. According to our estimates it is 35% less than the average Senior Business Development Manager Salary in India. Salary estimates are based on 22 latest salaries received from various employees of SBI Life Insurance Company Kolkata.

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

The average salary of a Senior Business Development Manager at SBI Life Insurance Company is 35% less than the average salary of a Senior Business Development Manager in Kolkata. To know exact salary insights, login to view.

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

PNB MetLife Senior Business Development Manager Salary - ₹5.5 Lakhs to ₹6.3 Lakhs per year

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

SBI General Insurance Senior Business Development Manager Salary - ₹3.4 Lakhs to ₹6.5 Lakhs per year
Kotak Mahindara Life Insurance Senior Business Development Manager Salary - ₹3.6 Lakhs to ₹5.5 Lakhs per year
Bajaj Allianz Life Insurance Senior Business Development Manager Salary - ₹4.0 Lakhs to ₹5.0 Lakhs per year
Bharti AXA Life Insurance Senior Business Development Manager Salary - ₹3.2 Lakhs to ₹4.4 Lakhs per year

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

The estimated take-home salary of a Senior Business Development Manager at SBI Life Insurance Company ranges between ₹42,825 per month to ₹43,949 per month in Kolkata. The take-home salary calculation is based on the average SBI Life Insurance Company Senior Business Development Manager salary in India which ranges between ₹3.5 Lakhs to ₹7.0 Lakhs per year for employees with experience between 5 years to 13 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 61% of the SBI Life Insurance Company Senior Business Development Managers in Kolkata reported a notice period of 1 Month, 39% reported a notice period of 2 Months.This is based on 18 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Senior Business Development Manager Salaries in Kolkata

SBI Life Insurance Company Senior Business Development Manager salary in Kolkata ranges between ₹3.5 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 22 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

SBI Life Insurance Company Senior Business Development Manager salaries in Kolkata (Updated 2025)

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

Latest annual salaries shared by SBI Life Insurance Company Senior Business Development Manager in Kolkata

Experience wise SBI Life Insurance Company Senior Business Development Manager salaries in Kolkata

Similar Designation salaries in SBI Life Insurance Company

Salary related reviews for SBI Life Insurance Company

Senior Business Development Manager in Katni

Senior Business Development Manager in Nagpur

Business Development Manager in Deoghar

Area Sales Manager in Vijayawada

Business Development Executive in Gangtok

SBI Life Insurance Company Senior Business Development Manager Salary FAQs

Tell us how to improve this page.