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On time salary flexible timings
Annual salary range
4 - 7 years exp.
₹3.9
Lakhs - ₹6.4
Lakhs
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary39% less than the average Business Development Manager Salary in Insurance Companies for 4 - 7 years of experience
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Salaries in different departments
BFSI, Investments & Trading
Business Development Manager Salary
4 - 7
years
exp.
(3
salaries)
|  ₹3.9 L/yr - ₹6.4 L/yr |
Login to view exact salary
| |
Customer Success, Service & Operations
Business Development Manager Salary
5 - 7
years
exp.
(AmbitionBox Estimate)
| ₹2.8 L/yr - ₹5.5 L/yr |
Companies similar to Star Union Dai-ichi Life Insurance for Business Development Manager in Mumbai
Star Union Dai-ichi Life Insurance
Business Development Manager Salary
4 - 7 years exp. (6 salaries) |  ₹3.9 L/yr - ₹6.4 L/yr |
vs
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 HDFC Life Business Development Manager Salary
0 - 10 years exp. (186 salaries) | ₹1.9 L/yr - ₹4.5 L/yr 
20%
less | 12 job openings |
 Max Life Insurance Business Development Manager Salary
2 - 10 years exp. (15 salaries) | ₹4 L/yr - ₹7 L/yr 
13%
more | 5 job openings |
Login to view exact salary
| ||
 Bajaj Allianz Life Insurance Business Development Manager Salary
0 - 12 years exp. (21 salaries) | ₹3.7 L/yr - ₹5.5 L/yr
1%
less | 1 job opening |
 SBI Life Insurance Company Business Development Manager Salary
3 - 12 years exp. (60 salaries) | ₹3 L/yr - ₹7 L/yr
17%
more | 1 job opening |
 Reliance Nippon Life Insurance Business Development Manager Salary
3 - 10 years exp. (4 salaries) | ₹4 L/yr - ₹6 L/yr
4%
more | |
 Kotak Mahindara Life Insurance Business Development Manager Salary
4 - 13 years exp. (10 salaries) | ₹3.7 L/yr - ₹8.8 L/yr
47%
more | 4 job openings |
 Bharti AXA Life Insurance Business Development Manager Salary
3 - 7 years exp. (3 salaries) | ₹3 L/yr - ₹6.4 L/yr
11%
less | |
 Aditya Birla Sun Life Insurance Business Development Manager Salary
0 - 12 years exp. (25 salaries) | ₹4.1 L/yr - ₹6.5 L/yr
1%
more | |
 SBI General Insurance Business Development Manager Salary
0 - 8 years exp. (16 salaries) | ₹2.8 L/yr - ₹4.5 L/yr
17%
less | 6 job openings |
 Cholamandalam MS General Insurance Business Development Manager Salary
5 - 13 years exp. (7 salaries) | ₹4.5 L/yr - ₹13 L/yr
76%
more | |
 ICICI Lombard General Insurance Company Business Development Manager Salary
4 - 12 years exp. (6 salaries) | ₹4.2 L/yr - ₹7.5 L/yr
2%
more | |
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| ||
 Life Insurance Corporation of India Business Development Manager Salary
3 - 8 years exp. (5 salaries) | ₹2.8 L/yr - ₹6.5 L/yr
12%
less | |
 Tata AIG Business Development Manager Salary
2 - 7 years exp. (5 salaries) | ₹3.1 L/yr - ₹5.7 L/yr At par | |
 Gallagher Business Development Manager Salary
4 - 14 years exp. (3 salaries) | ₹10 L/yr - ₹10.8 L/yr
128%
more | |
 Niva Bupa Health Insurance Company Business Development Manager Salary
0 - 8 years exp. (3 salaries) | ₹4.3 L/yr - ₹7 L/yr
18%
more | |
Business Development Manager salary at Star Union Dai-ichi Life Insurance ranges between ₹3.9
Lakhs
to ₹6.4
Lakhs
per year for employees with experience between 4 years to 7 years. Salary
estimates are based on
6 latest salaries received
from various employees of Star Union Dai-ichi Life Insurance.
Latest annual salaries shared by Star Union Dai-ichi Life Insurance Business Development Manager in Mumbai
1y ago
7
years
exp.
1y ago
6
years
exp.
1y ago
4
years
exp.
1y ago
7
years
exp.
1y ago
5
years
exp.
Experience wise Star Union Dai-ichi Life Insurance Business Development Manager salaries in Mumbai
Last Updated: 9 Aug 2023
| Experience | Avg Annual Salary |
|---|---|
| 4 years (AmbitionBox Estimate) |
₹3.9
L/yr
- ₹7.1
L/yr
|
| 5 years (AmbitionBox Estimate) |
₹1.6
L/yr
- ₹5.5
L/yr
|
Login to view exact salary
| |
| 6 years (AmbitionBox Estimate) |
₹1.7
L/yr
- ₹6.4
L/yr
|
| 7 years (3 salaries) |
₹1.8
L/yr
- ₹6.4
L/yr
|
Similar Designation salaries in Star Union Dai-ichi Life Insurance
Top skills at Star Union Dai-ichi Life Insurance for Business Development Manager
Life Insurance
Direct Sales
Insurance Sales
Life Insurance
banca
Sales
agency
Bancassurance
Agency Channel
Business Development Management
Insurance Sales
Direct Sales
Health Insurance
Banca
Bancassurance
Salary related reviews for Star Union Dai-ichi Life Insurance
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Top trending discussions
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Salary Discussions, Hike & Promotions
2w
a technical project manager
Deadend
Hi,
I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA.
I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation.
I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component.
I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this.
What should be my next move?
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Star Union Dai-ichi Life Insurance Business Development Manager Salary FAQs
What is the salary of Business Development Manager at Star Union Dai-ichi Life Insurance Mumbai?
Business Development Manager salary at Star Union Dai-ichi Life Insurance in Mumbai ranges between ₹3.9 Lakhs to ₹6.4 Lakhs for experience between 4 years to 7 years. According to our estimates it is 39% less than the average Business Development Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Star Union Dai-ichi Life Insurance Mumbai.
How does the salary of a Business Development Manager at Star Union Dai-ichi Life Insurance Mumbai compare with the average salary range for this job?
The average salary of a Business Development Manager at Star Union Dai-ichi Life Insurance is 39% 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 Star Union Dai-ichi Life Insurance?
Life Insurance, Direct Sales, Insurance Sales, Life Insurance and banca are some of the popular skills required to work as a Business Development Manager at Star Union Dai-ichi Life Insurance Mumbai.
Which similar companies are paying more than Star Union Dai-ichi Life Insurance to a Business Development Manager in Mumbai?
- Gallagher Business Development Manager Salary - ₹10.0 Lakhs to ₹10.8 Lakhs per year
- Cholamandalam MS General Insurance Business Development Manager Salary - ₹4.5 Lakhs to ₹13.0 Lakhs per year
- Kotak Mahindara Life Insurance Business Development Manager Salary - ₹3.7 Lakhs to ₹8.8 Lakhs per year
- Niva Bupa Health Insurance Company Business Development Manager Salary - ₹4.3 Lakhs to ₹7.0 Lakhs per year
- SBI Life Insurance Company Business Development Manager Salary - ₹3.0 Lakhs to ₹7.0 Lakhs per year
What is the salary of a Business Development Manager in companies similar to Star Union Dai-ichi Life Insurance in Mumbai?
- Max Life Insurance Business Development Manager Salary - ₹4.0 Lakhs to ₹7.0 Lakhs per year
- Reliance Nippon Life Insurance Business Development Manager Salary - ₹4.0 Lakhs to ₹6.0 Lakhs per year
- ICICI Lombard General Insurance Company Business Development Manager Salary - ₹4.2 Lakhs to ₹7.5 Lakhs per year
- Aditya Birla Sun Life Insurance Business Development Manager Salary - ₹4.1 Lakhs to ₹6.5 Lakhs per year
- Tata AIG Business Development Manager Salary - ₹3.1 Lakhs to ₹5.7 Lakhs per year
What is the estimated take home salary of a Business Development Manager at Star Union Dai-ichi Life Insurance in Mumbai?
The estimated take-home salary of a Business Development Manager at Star Union Dai-ichi Life Insurance ranges between ₹33,619 per month to ₹34,880 per month in Mumbai. The take-home salary calculation is based on the average Star Union Dai-ichi Life Insurance Business Development Manager salary in India which ranges between ₹3.9 Lakhs to ₹6.4 Lakhs per year for employees with experience between 4 years to 7 years. Check how did we calculate take home salary?
What is the notice period for Business Development Manager at Star Union Dai-ichi Life Insurance in Mumbai?
According to AmbitionBox, 50% of the Star Union Dai-ichi Life Insurance Business Development Managers in Mumbai reported a notice period of 1 Month, 50% reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.
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Star Union Dai-ichi Life Insurance Business Development Manager salary
in
Mumbai
ranges between ₹3.9
Lakhs to ₹6.4
Lakhs with an average annual salary of
₹. Salary estimates are based on
6
Star Union Dai-ichi Life Insurance latest salaries received from various employees of
Star Union Dai-ichi Life Insurance.