Shriram General Insurance Business Development Executive Salaries by 4 Employees

1 - 5 years exp.

₹2.8 Lakhs - ₹4 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

11% less than the average Business Development Executive Salary in Insurance Companies for 1 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Business Development Executive Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr
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Sales & Business Development Business Development Executive Salary 1 year exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr

Last Updated: 14 Jul 2024

Companies similar to Shriram General Insurance for Business Development Executive

Company name	Avg Annual Salary	Open Jobs
Bharti AXA Life Insurance Business Development Executive Salary 0 - 8 years exp. (70 salaries)	₹3 L/yr - ₹6.2 L/yr 26% more
Future Generali India Life Insurance Business Development Executive Salary 0 - 5 years exp. (7 salaries)	₹2.4 L/yr - ₹3.5 L/yr 9% less
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IndiaFirst Life Insurance Business Development Executive Salary 0 - 4 years exp. (5 salaries)	₹2.4 L/yr - ₹4.2 L/yr 4% less
MetLife Business Development Executive Salary 4 - 9 years exp. (4 salaries)	₹2 L/yr - ₹6.2 L/yr 17% more
Paramount Health Services Tpa Business Development Executive Salary 0 - 5 years exp. (4 salaries)	₹3.5 L/yr - ₹5.6 L/yr 26% more
Edelweiss Life Insurance Business Development Executive Salary 0 - 5 years exp. (4 salaries)	₹2.2 L/yr - ₹3.3 L/yr 25% less
Cholamandalam MS General Insurance Business Development Executive Salary 0 - 3 years exp. (3 salaries)	₹2 L/yr - ₹3.5 L/yr 6% less

Business Development Executive salary at Shriram General Insurance ranges between ₹2.8 Lakhs to ₹4 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Shriram General Insurance.

Experience wise Shriram General Insurance Business Development Executive salaries

Last Updated: 14 Jul 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
3 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
5 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr

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₹2.5 L/yr - ₹10 L/yr

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₹2.5 L/yr - ₹3.5 L/yr

Salary related reviews for Shriram General Insurance

Marketing Executive in Kochi

Full Time

Sales & Business Development Department

2.0

• posted on 27 Dec 2024

1.0

for Salary and Benefits

Likes

Company growth is high rate. So job security is very high . Excellent traning and advanced technology

Skill development - Good

+2 more

Dislikes

...to stress and imbalance. Difficulty in tracking and obtaining incentives fairly. Salary packages do not align with the amount and quality of work expected.

Salary - Bad

+2 more

Marketing Executive in Purnia

Sales & Business Development Department

5.0

• posted on 09 Sep 2021

3.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transparent. As a fresher I joined sgi and in less time sgi makes me leader of market, company policy are good and always customer satisfaction is priority. sgi provides timely payout for financial advisers so that he works effectively for sgi and this is good for us..

Skill development - Good

+4 more

Dislikes

In sgi salary is very less as compare to other companies. career growth is slow..

Marketing Executive in Kottayam

Marketing & Communication Department

1.0

• posted on 01 Oct 2020

1.0

for Salary and Benefits

Likes

Job is not secure they will give u transfer at any time ...especially the appoints managers without the desired qualifications so they will work for a low salary that is also a problem

Dislikes

Job is not secure

Salary - Bad

+6 more

Marketing Executive in Gaya

BFSI, Investments & Trading Department

5.0

• posted on 06 Sep 2018

3.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopt latest technology, I love the fact that I am a part of a team that market reliable, high quality products and he has a global clients base. As a result I get to travel abroad specially

Skill development - Excellent

+5 more

Dislikes

Compensation is decent but growth is slow

Marketing Executive in Aurangabad

Customer Success, Service & Operations Department

5.0

• posted on 12 Sep 2017

3.0

for Salary and Benefits

Likes

...take keen interest to solve it. I love the fact that i am part of Shriram Group. I love ease of service that company provides to customers and i also happy for my current salary and it allows me to keep my work and personal life happy.

Skill development - Good

+4 more

Dislikes

Some term's and conditions of claim settlement, it is little bit hard to complete all in the case of heavy loss of vehicle.

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Shriram General Insurance Business Development Executive Salary FAQs

What is the salary of Business Development Executive at Shriram General Insurance ?

The average salary of a Business Development Executive at Shriram General Insurance in India typically ranges from ₹2.8 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Business Development Executive at Shriram General Insurance earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Business Development Executive Salaries at Shriram General Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Shriram General Insurance employees in India.

What is the estimated take home salary of a Business Development Executive at Shriram General Insurance in India?

The estimated take-home salary of a Business Development Executive at Shriram General Insurance in India typically ranges from ₹25,314 to ₹26,748 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 1 year to 5 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Shriram General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Shriram General Insurance for Business Development Executive in India?

Paramount Health Services Tpa	₹3.5 Lakhs to ₹5.6 Lakhs per year
Bharti AXA Life Insurance	₹3.0 Lakhs to ₹6.2 Lakhs per year
MetLife	₹2.0 Lakhs to ₹6.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Shriram General Insurance, depending on the role and experience level.

What is the salary of a Business Development Executive in companies similar to Shriram General Insurance in India?

The salary of a Business Development Executive at companies similar to Shriram General Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IndiaFirst Life Insurance	₹2.4 Lakhs to ₹4.2 Lakhs per year
Cholamandalam MS General Insurance	₹2.0 Lakhs to ₹3.5 Lakhs per year
Future Generali India Life Insurance	₹2.4 Lakhs to ₹3.5 Lakhs per year
Edelweiss Life Insurance	₹2.2 Lakhs to ₹3.3 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Business Development Executive at Shriram General Insurance in India?

The salary growth for a Business Development Executive at Shriram General Insurance depends on factors such as experience, performance, and promotions. On average, a Business Development Executive can expect the following growth trajectory at Shriram General Insurance:

Experience	Average Salary Range
1 year	₹2.5 Lakhs to ₹3.2 Lakhs per year
3 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
4 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
5 years	₹2.8 Lakhs to ₹3.6 Lakhs per year

and so on.

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Shriram General Insurance Business Development Executive Salaries

Shriram General Insurance Business Development Executive salary in India ranges between ₹2.8 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Shriram General Insurance latest salaries received from various employees of Shriram General Insurance.

Shriram General Insurance Business Development Executive salaries in India

Companies similar to Shriram General Insurance for Business Development Executive

Latest annual salaries shared by Shriram General Insurance Business Development Executive

Experience wise Shriram General Insurance Business Development Executive salaries

Similar Designation salaries in Shriram General Insurance

Salary related reviews for Shriram General Insurance

Marketing Executive in Kochi

Marketing Executive in Purnia

Marketing Executive in Kottayam

Marketing Executive in Gaya

Marketing Executive in Aurangabad

Shriram General Insurance Business Development Executive Salary FAQs

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Shriram General Insurance Business Development Executive Salaries by Location