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Shriram Life Insurance Business Development Manager salaries in Mumbai

Annual salary range
0 - 10 years exp.
₹2.4 Lakhs - ₹6 Lakhs
Salary of majority employees
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54% less than the average Business Development Manager Salary in Insurance Companies for 0 - 10 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

BFSI, Investments & Trading
Business Development Manager Salary
10 years exp. (AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.5 L/yr

Engineering - Software & QA
Business Development Manager Salary
9 years exp. (AmbitionBox Estimate)
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₹3.3 L/yr - ₹6 L/yr

Last Updated: 1 Sep 2024

Companies similar to Shriram Life Insurance for Business Development Manager in Mumbai

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Shriram Life Insurance Business Development Manager Salary

0 - 10 years exp. (4 salaries)

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₹2.4 L/yr - ₹6 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Life Business Development Manager Salary

0 - 10 years exp. (185 salaries)

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₹1.9 L/yr - ₹4.5 L/yr

arrow icon 10% more
12 job openings
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₹4 L/yr - ₹7 L/yr

arrow icon 58% more
2 job openings
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₹3.7 L/yr - ₹5.5 L/yr

arrow icon 33% more
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₹3 L/yr - ₹7 L/yr

arrow icon 56% more
1 job opening
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₹4.1 L/yr - ₹6.5 L/yr

arrow icon 30% more
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₹2.8 L/yr - ₹4.5 L/yr

arrow icon 10% more
12 job openings
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₹3.7 L/yr - ₹8.8 L/yr

arrow icon 102% more
5 job openings
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₹4.2 L/yr - ₹7.5 L/yr

arrow icon 36% more
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₹2.8 L/yr - ₹6.5 L/yr

arrow icon 18% more
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₹4 L/yr - ₹6 L/yr

arrow icon 18% more
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₹3.8 L/yr - ₹7.5 L/yr

arrow icon 46% more
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Gallagher Business Development Manager Salary

4 - 14 years exp. (3 salaries)

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₹10 L/yr - ₹10.8 L/yr

arrow icon 204% more
Business Development Manager salary at Shriram Life Insurance ranges between ₹2.4 Lakhs to ₹6 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Shriram Life Insurance.

Latest annual salaries shared by Shriram Life Insurance Business Development Manager in Mumbai

3mo ago
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9 years exp.
4mo ago
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4 years exp.
1y ago
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10 years exp.

Experience wise Shriram Life Insurance Business Development Manager salaries in Mumbai

Last Updated: 1 Sep 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.4 L/yr - ₹5.5 L/yr
1 year (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.6 L/yr
2 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.7 L/yr
3 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.7 L/yr
4 years (AmbitionBox Estimate)

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₹1.3 L/yr - ₹4 L/yr
View all

Similar Designation salaries in Shriram Life Insurance

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₹4.2 L/yr - ₹5.5 L/yr

Top skills at Shriram Life Insurance for Business Development Manager

Business Development Management Agency Management Selling Business Development Team Handling Upsell Life Insurance Cross Selling Dealer Network Stock Broking Brokerage Measurement broking Insurance Sales Team Building

Salary related reviews for Shriram Life Insurance

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Rated by 1 employees for salary & benefits

Customer Service Department

1.0
  •  posted on 09 Mar 2021

1.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

... If my father is not well they are telling to get the sell from family members. They have told that If I sell the product the my family member then I will get my salary otherwise not see this is the company which is not at all employee centric it is only about their reputation and in terms of their reputation that are cheating their customers. So do not believe in this company please believe a trusted one.

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BFSI, Investments & Trading Department

4.0
  •  posted on 31 Jul 2020

3.0
 for  Salary and Benefits

Likes

Work culture here is pretty flexible which allows people to work at their own pace and conviniece. Company is not very aggresive in nature and has indeed helped all their junior and mid level employees by providing full compensation during lockdown. When it comes to management, they are bit shaken after covid...making drastic changes which is not welcomed by many.

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Dislikes

Weak management. Worst paymaster in the industry and despite this they foucs immenly on cost cutting. Poor office infrastructure (branhces) expect the head office.

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Full Time

 · 

Marketing & Communication Department

3.0
  •  posted on 19 Nov 2024

3.0
 for  Salary and Benefits

Likes

Sales business so... income is flexible according to your business

Dislikes

There are many dislikes.... 1. Salary was not credited by the correct date 2. There are no week off including Sunday working day 3.etc not recommended

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Full Time

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BFSI, Investments & Trading Department

1.0
  •  posted on 07 Mar 2024

1.0
 for  Salary and Benefits

Likes

Nothing to like

Dislikes

Work culture horrible. HR is not bothered. They dont even respond to your calls .salary deduction is ver high .no security for your job they can remove you anytime.horrible company..even sundays they expect to work.

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Full Time

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BFSI, Investments & Trading Department

1.0
  •  posted on 19 Jun 2023

1.0
 for  Salary and Benefits

Likes

There is not a single good things about Shriram life insurance Company. Its horrible place for work.

Dislikes

Reckless Boss, after joining 1st month salary provided after that No salary no response from HR, your attendance doesn't matters. If they wish then only you will get salary. One of the worst experience I had in 6months.

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Shriram Life Insurance Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Shriram Life Insurance Mumbai?
Business Development Manager salary at Shriram Life Insurance in Mumbai ranges between ₹2.4 Lakhs to ₹6.0 Lakhs for less than 1 year of experience to 10 years. According to our estimates it is 54% less than the average Business Development Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Shriram Life Insurance Mumbai.
How does the salary of a Business Development Manager at Shriram Life Insurance Mumbai compare with the average salary range for this job?
The average salary of a Business Development Manager at Shriram Life Insurance is 54% less than the average salary of a Business Development Manager in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Business Development Manager at Shriram Life Insurance?
Business Development Management, Agency Management, Selling, Business Development and Team Handling are some of the popular skills required to work as a Business Development Manager at Shriram Life Insurance Mumbai.
Which similar companies are paying more than Shriram Life Insurance to a Business Development Manager in Mumbai?
  • Gallagher Business Development Manager Salary - ₹10.0 Lakhs to ₹10.8 Lakhs per year
  • Kotak Mahindara Life Insurance Business Development Manager Salary - ₹3.7 Lakhs to ₹8.8 Lakhs per year
  • Max Life Insurance Business Development Manager Salary - ₹4.0 Lakhs to ₹7.0 Lakhs per year
  • SBI Life Insurance Company Business Development Manager Salary - ₹3.0 Lakhs to ₹7.0 Lakhs per year
  • Care Health Insurance Business Development Manager Salary - ₹3.8 Lakhs to ₹7.5 Lakhs per year
What is the salary of a Business Development Manager in companies similar to Shriram Life Insurance in Mumbai?
  • ICICI Lombard General Insurance Company Business Development Manager Salary - ₹4.2 Lakhs to ₹7.5 Lakhs per year
  • Bajaj Allianz Life Insurance Business Development Manager Salary - ₹3.7 Lakhs to ₹5.5 Lakhs per year
  • Aditya Birla Sun Life Insurance Business Development Manager Salary - ₹4.1 Lakhs to ₹6.5 Lakhs per year
  • Reliance Nippon Life Insurance Business Development Manager Salary - ₹4.0 Lakhs to ₹6.0 Lakhs per year
  • Life Insurance Corporation of India Business Development Manager Salary - ₹2.8 Lakhs to ₹6.5 Lakhs per year
What is the estimated take home salary of a Business Development Manager at Shriram Life Insurance in Mumbai?
The estimated take-home salary of a Business Development Manager at Shriram Life Insurance ranges between ₹24,565 per month to ₹26,011 per month in Mumbai. The take-home salary calculation is based on the average Shriram Life Insurance Business Development Manager salary in India which ranges between ₹2.4 Lakhs to ₹6.0 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 Business Development Manager at Shriram Life Insurance in Mumbai?
According to AmbitionBox, 100% of the Shriram Life Insurance Business Development Managers in Mumbai reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Shriram Life Insurance Business Development Manager salary in Mumbai ranges between ₹2.4 Lakhs to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Shriram Life Insurance latest salaries received from various employees of Shriram Life Insurance.