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Star Health & Allied Insurance Business Development Executive salaries in India (Updated 2025)

Annual salary range
0 - 4 years exp.
₹1.8 Lakh - ₹4.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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26% less than the average Business Development Executive Salary in Insurance Companies for 0 - 4 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Business Development Executive Salary
0 - 1 year exp. (3 salaries)
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₹1.8 L/yr - ₹3.5 L/yr

Sales & Business Development
Business Development Executive Salary
0 - 2 years exp. (3 salaries)
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₹1.8 L/yr - ₹3.4 L/yr

Marketing & Communication
Business Development Executive Salary
4 years exp. (AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.9 L/yr

Last Updated: 8 Mar 2025

Companies similar to Star Health & Allied Insurance for Business Development Executive

Company name Avg Annual Salary Open Jobs
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₹2 L/yr - ₹4.5 L/yr

arrow icon 13% more
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₹2.5 L/yr - ₹6.9 L/yr

arrow icon 80% more
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₹2 L/yr - ₹4.5 L/yr

arrow icon 8% more
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₹1.4 L/yr - ₹4 L/yr

arrow icon 16% less
Logo
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₹1.2 L/yr - ₹4.4 L/yr

arrow icon 1% less
3 job openings
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₹2.4 L/yr - ₹6 L/yr

arrow icon 43% more
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₹2.4 L/yr - ₹4.1 L/yr

arrow icon 24% more
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₹1.2 L/yr - ₹4.7 L/yr

arrow icon 15% more
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₹1.8 L/yr - ₹4.8 L/yr

arrow icon 9% more
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₹2.7 L/yr - ₹5 L/yr

arrow icon 13% more
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₹1.8 L/yr - ₹3 L/yr

arrow icon 19% less
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₹2 L/yr - ₹3.8 L/yr

arrow icon 6% less
Logo
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₹2 L/yr - ₹6.2 L/yr

arrow icon 41% more
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₹2 L/yr - ₹6 L/yr

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₹2 L/yr - ₹3.1 L/yr

arrow icon 7% more
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₹8.1 L/yr - ₹12.5 L/yr

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₹1.2 L/yr - ₹13.8 L/yr

arrow icon 107% more
Business Development Executive salary at Star Health & Allied Insurance ranges between ₹1.8 Lakh to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 9 latest salaries received from various employees of Star Health & Allied Insurance.

Latest annual salaries shared by Star Health & Allied Insurance Business Development Executive

2mo ago
₹2.2 Lakhs
4 years exp.
2mo ago
₹4.5 Lakhs
2 years exp.
4mo ago
₹3.4 Lakhs
2 years exp.
7mo ago
₹3.4 Lakhs
1 year exp.
1y ago
₹3.5 Lakhs
1 year exp.
1y ago
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1 year exp.

Experience wise Star Health & Allied Insurance Business Development Executive salaries

Last Updated: 8 Mar 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.8 L/yr - ₹4.9 L/yr
1 year  (4 salaries)

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₹1.8 L/yr - ₹3.5 L/yr
2 years (AmbitionBox Estimate)

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₹1.2 L/yr - ₹4.5 L/yr
3 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.4 L/yr
4 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹5.5 L/yr

Similar Designation salaries in Star Health & Allied Insurance

Business Development Officer Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
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₹2.1 L/yr - ₹3 L/yr
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₹5.4 L/yr - ₹6.9 L/yr
Business Development Manager Salary
(AmbitionBox Estimate)
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₹3.1 L/yr - ₹3.9 L/yr
Business Executive Salary
(AmbitionBox Estimate)
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₹5.9 L/yr - ₹7.6 L/yr
Inside Sales Executive Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
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₹2.34 L/yr - ₹3.72 L/yr
Sales Executive Salary
(125 salaries)
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₹1.25 L/yr - ₹4 L/yr
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₹2.18 L/yr - ₹2.2 L/yr
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₹5 L/yr - ₹14.5 L/yr

Top skills at Star Health & Allied Insurance for Business Development Executive

Insurance Sales Sales Field Sales

Salary related reviews for Star Health & Allied Insurance

5.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 14 Jul 2024

2.0
 for  Salary and Benefits

Likes

They can do everything to destroy your Career. They can't pay They have their own rules and regulations

read more

Dislikes

Here seniors migrate your business and earns commission/incentives and will eat your job if you raise a voice.

  • Salary - Poor
  • +5 more

Full Time

 · 

Sales Department

1.0
  •  posted on 14 Dec 2022

1.0
 for  Salary and Benefits

Likes

Only salary comes before date.

Dislikes

There is lots of managers who have gang of their own .they do not want to stay new employee.even they behave like mawalis they shouts like animals.such a people i have seen in my life.very pathetic experience i have .

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Banca sales Department

1.0
  •  posted on 17 Jul 2022

1.0
 for  Salary and Benefits

Likes

It's a very good company for those who are working for a agency channel.

Dislikes

My review best on banca channel:- Salary is very below as per industry standard No growth Very poor Management No work environment

read more
  • Salary - Bad
  • +4 more

BFSI, Investments & Trading Department

4.0
  •  posted on 17 Dec 2021

3.0
 for  Salary and Benefits

Likes

Job is satisfactory but it is basically strictly target oriented. Only good point is that company provides care and support and timely salary according to market.

read more
  • Work satisfaction - Excellent
  • +2 more

Dislikes

All thing is good.. working environment, seniors and colleagues all are very good only drawback from my side is monthly target and unsecured job security.

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Customer Success, Service & Operations Department

1.0
  •  posted on 26 Jun 2019

1.0
 for  Salary and Benefits

Likes

They did fraud of some amount of money and managment didn't response about it. In jodhpur location after my resignation my DM and senior not process my salary and still when ever i called HR she also didn't help me out....poor managment..

read more

Dislikes

They did fraud of some amount of money and managment didnot response about it.in Jodhpur location after my resignation my DM and senior not process my salary and still when ever I called hr she also didn't help me out..poor managment.

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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Star Health & Allied Insurance Business Development Executive Salary FAQs

What is the salary of Business Development Executive at Star Health & Allied Insurance ?
The average salary of a Business Development Executive at Star Health & Allied Insurance in India typically ranges from ₹1.8 Lakhs to ₹4.5 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Business Development Executive at Star Health & Allied Insurance earn more than ₹4.1 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Business Development Executive Salaries at Star Health & Allied 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 9 Star Health & Allied Insurance employees in India.
What is the estimated take home salary of a Business Development Executive at Star Health & Allied Insurance in India?
The estimated take-home salary of a Business Development Executive at Star Health & Allied Insurance in India typically ranges from ₹20,654 to ₹22,307 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from Fresher to 4 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 9 salaries received from various employees of Star Health & Allied Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Business Development Executive at Star Health & Allied Insurance ?
To be a Business Development Executive at Star Health & Allied Insurance in india, the key skills required include:

  • - Insurance Sales
  • - Sales
  • - Field Sales

These skills are highly valued at Star Health & Allied Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Star Health & Allied Insurance for Business Development Executive in India?
The New India Assurance Co. ₹8.1 Lakhs to ₹12.5 Lakhs per year
The Oriental Insurance Co. ₹1.2 Lakhs to ₹13.8 Lakhs per year
ICICI Lombard General Insurance Company ₹2.5 Lakhs to ₹6.9 Lakhs per year
ICICI Prudential Life Insurance ₹2.4 Lakhs to ₹6.0 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 Star Health & Allied Insurance, depending on the role and experience level.
What is the salary of a Business Development Executive in companies similar to Star Health & Allied Insurance in India?
The salary of a Business Development Executive at companies similar to Star Health & Allied Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Allianz Life Insurance ₹2.4 Lakhs to ₹4.1 Lakhs per year
Kotak Mahindara Life Insurance ₹1.2 Lakhs to ₹4.7 Lakhs per year
Axis Max Life Insurance ₹2.7 Lakhs to ₹5.0 Lakhs per year
SBI Life Insurance Company ₹2.0 Lakhs to ₹4.5 Lakhs per year
Life Insurance Corporation of India ₹2.0 Lakhs to ₹6.0 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 Star Health & Allied Insurance in India?
The salary growth for a Business Development Executive at Star Health & Allied Insurance depends on factors such as experience, performance, and promotions. On average, a Business Development Executive can expect the following growth trajectory at Star Health & Allied Insurance:

Experience Average Salary Range
Fresher ₹1.8 Lakhs to ₹4.9 Lakhs per year
1 year ₹1.8 Lakhs to ₹3.5 Lakhs per year
2 years ₹1.2 Lakhs to ₹4.5 Lakhs per year
3 years ₹2.7 Lakhs to ₹3.4 Lakhs per year
and so on.

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Star Health & Allied Insurance Business Development Executive salary in India ranges between ₹1.8 Lakh to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 Star Health & Allied Insurance latest salaries received from various employees of Star Health & Allied Insurance.