Smc Insurance Brokers New Delhi Business Development Manager Salaries by 5 Employees (Updated 2025)

4 - 8 years exp.

₹3 Lakhs - ₹5 Lakhs

Salary of majority employees

36% less than the average Business Development Manager Salary in Insurance Companies for 4 - 8 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

Sales & Business Development Business Development Manager Salary 4 - 6 years exp. (3 salaries)	₹4.5 L/yr - ₹5 L/yr
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BFSI, Investments & Trading Business Development Manager Salary 6 - 8 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹5 L/yr

Last Updated: 1 Nov 2024

Companies similar to Smc Insurance Brokers for Business Development Manager in New Delhi

Smc Insurance Brokers Business Development Manager Salary

4 - 8 years exp. (5 salaries)

₹3 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz General Insurance Business Development Manager Salary 3 - 9 years exp. (7 salaries)	₹4.2 L/yr - ₹5.2 L/yr 4% more	9 job openings
ICICI Lombard General Insurance Company Business Development Manager Salary 4 - 12 years exp. (11 salaries)	₹3 L/yr - ₹10 L/yr 11% more
Login to view exact salary
HDFC Ergo General Insurance Business Development Manager Salary 1 - 5 years exp. (4 salaries)	₹2.8 L/yr - ₹4.4 L/yr 8% less
Edelweiss Life Insurance Business Development Manager Salary 2 - 8 years exp. (11 salaries)	₹2.6 L/yr - ₹4.3 L/yr 22% less
Cholamandalam MS General Insurance Business Development Manager Salary 1 - 13 years exp. (5 salaries)	₹3.2 L/yr - ₹13.5 L/yr 68% more
Bharti AXA Life Insurance Business Development Manager Salary 3 - 9 years exp. (5 salaries)	₹3.4 L/yr - ₹8.8 L/yr 12% more
Aditya Birla Health Insurance Co Business Development Manager Salary 3 - 7 years exp. (5 salaries)	₹3.8 L/yr - ₹5.2 L/yr 2% less
Future Generali India Life Insurance Business Development Manager Salary 8 - 12 years exp. (3 salaries)	₹5.3 L/yr - ₹5.6 L/yr 15% more

Business Development Manager salary at Smc Insurance Brokers ranges between ₹3 Lakhs to ₹5 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Smc Insurance Brokers.

Experience wise Smc Insurance Brokers Business Development Manager salaries in New Delhi

Last Updated: 1 Nov 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5 L/yr
5 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5 L/yr
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6 years (AmbitionBox Estimate)	₹3 L/yr - ₹8.3 L/yr
7 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
8 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5 L/yr

Similar Designation salaries in Smc Insurance Brokers

Relationship Manager Salary

(17 salaries)

₹1.45 L/yr - ₹5.16 L/yr

Senior Relationship Manager Salary

(10 salaries)

₹3.75 L/yr - ₹5.7 L/yr

Sales Manager Salary

(4 salaries)

₹3.52 L/yr - ₹5 L/yr

Top skills at Smc Insurance Brokers for Business Development Manager

Life Insurance Health Insurance bdm Motor Insurance Relationship Management Insurance Sales Life Insurance RM Motor Insurance General Insurance Sales Business Development Management General Insurance Salesforce General Insurance Health Insurance

Salary related reviews for Smc Insurance Brokers

Team Lead in Noida

Full Time

Engineering - Software & QA Department

4.0

• posted on 18 Oct 2023

5.0

for Salary and Benefits

Likes

Gives chance to freshers. Salary in time. Give opportunities to grow.

Salary - Excellent

+6 more

Dislikes

There is scope of improvement in every company so is with SMC insurance. They need improvement in team structure and need to work on how to priorities the task.

Area Manager in New Delhi

Full Time

Sales & Business Development Department

1.0

• posted on 14 Jul 2023

1.0

for Salary and Benefits

Likes

Disgusting company h....meri salary kha gyi... disgusting company to work ever...Rahul Mittal name ka cheated man h company m RH bna baitha h...Sabki salry kha jatah....neech admi h ...Rahul Mittal...dont work ever here...

Dislikes

Disgusting ever company. Dont paid salry ever.false commitment and cheated people upper HR and ceo cmd and RH all... disgusting people

Salary - Bad

+6 more

Area Manager in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 04 Feb 2023

2.0

for Salary and Benefits

Likes

Nothing Worth Mentioning Salary On Time Only

Dislikes

No Job Security Before Completing Probation They Will Seperate One Employee Stating Productivity Issue For The Sake Of GMC and GPA Coverage Post Probation And Notice Period 60 Days No On Job Training No Clarity On Months Target No KPI No Incentive For Sales People No Contest, RNR For Agents and Intermediary

Salary - Poor

+6 more

Sales Executive in Noida

Other Department

5.0

• posted on 01 Nov 2018

2.0

for Salary and Benefits

Likes

According my experince,best managent of smc insurance company.and senior behive like a friend.

Promotions - Good

Dislikes

compensation is decent,but growth is slow.i completed my target every month but i am not promoted.this is fact of company.....

Salary - Poor

+4 more

Back Office Associate in New Delhi

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 29 Oct 2022

1.0

for Salary and Benefits

Likes

Nothing.

Work-life balance - Good

Dislikes

...ve my 7 precious year but no recognition at all. Even director does't know me. Company not providing better salary. Seniors are cheap minded. They can't see u grow within or outside the organisation. Well, i left from here and much more satisfied where i am right now.

Salary - Bad

+3 more

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Smc Insurance Brokers Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Smc Insurance Brokers New Delhi?

Business Development Manager salary at Smc Insurance Brokers in New Delhi ranges between ₹3.0 Lakhs to ₹5.0 Lakhs for experience between 4 years to 8 years. According to our estimates it is 36% less than the average Business Development Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Smc Insurance Brokers New Delhi.

How does the salary of a Business Development Manager at Smc Insurance Brokers New Delhi compare with the average salary range for this job?

The average salary of a Business Development Manager at Smc Insurance Brokers is 36% less than the average salary of a Business Development Manager in New Delhi. To know exact salary insights, login to view.

What are the top skills required to work as a Business Development Manager at Smc Insurance Brokers?

Life Insurance, Health Insurance, bdm, Motor Insurance and Relationship Management are some of the popular skills required to work as a Business Development Manager at Smc Insurance Brokers New Delhi.

Which similar companies are paying more than Smc Insurance Brokers to a Business Development Manager in New Delhi?

Cholamandalam MS General Insurance Business Development Manager Salary - ₹3.2 Lakhs to ₹13.5 Lakhs per year
Future Generali India Life Insurance Business Development Manager Salary - ₹5.3 Lakhs to ₹5.6 Lakhs per year
Bharti AXA Life Insurance Business Development Manager Salary - ₹3.4 Lakhs to ₹8.8 Lakhs per year
ICICI Lombard General Insurance Company Business Development Manager Salary - ₹3.0 Lakhs to ₹10.0 Lakhs per year
Bajaj Allianz General Insurance Business Development Manager Salary - ₹4.2 Lakhs to ₹5.2 Lakhs per year

What is the salary of a Business Development Manager in companies similar to Smc Insurance Brokers in New Delhi?

Aditya Birla Health Insurance Co Business Development Manager Salary - ₹3.8 Lakhs to ₹5.2 Lakhs per year
HDFC Ergo General Insurance Business Development Manager Salary - ₹2.8 Lakhs to ₹4.4 Lakhs per year
Edelweiss Life Insurance Business Development Manager Salary - ₹2.6 Lakhs to ₹4.3 Lakhs per year

What is the estimated take home salary of a Business Development Manager at Smc Insurance Brokers in New Delhi?

The estimated take-home salary of a Business Development Manager at Smc Insurance Brokers ranges between ₹34,405 per month to ₹35,654 per month in New Delhi. The take-home salary calculation is based on the average Smc Insurance Brokers Business Development Manager salary in India which ranges between ₹3.0 Lakhs to ₹5.0 Lakhs per year for employees with experience between 4 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Business Development Manager at Smc Insurance Brokers in New Delhi?

According to AmbitionBox, 60% of the Smc Insurance Brokers Business Development Managers in New Delhi reported a notice period of 1 Month, 40% reported a notice period of 15 days or less.This is based on 5 responses on AmbitionBox in last 2 years.

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Smc Insurance Brokers Business Development Manager Salaries in New Delhi

Smc Insurance Brokers Business Development Manager salary in New Delhi ranges between ₹3 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Smc Insurance Brokers latest salaries received from various employees of Smc Insurance Brokers.

Smc Insurance Brokers Business Development Manager salaries in New Delhi

Companies similar to Smc Insurance Brokers for Business Development Manager in New Delhi

Latest annual salaries shared by Smc Insurance Brokers Business Development Manager in New Delhi

Experience wise Smc Insurance Brokers Business Development Manager salaries in New Delhi

Similar Designation salaries in Smc Insurance Brokers

Top skills at Smc Insurance Brokers for Business Development Manager

Salary related reviews for Smc Insurance Brokers

Team Lead in Noida

Area Manager in New Delhi

Area Manager in Kolkata

Sales Executive in Noida

Back Office Associate in New Delhi

Smc Insurance Brokers Business Development Manager Salary FAQs

Tell us how to improve this page.