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Tata AIA Life Insurance Business Development Manager salaries in India (Updated 2025)

Annual salary range
1 - 12 years exp.
₹2 Lakhs - ₹7 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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48% less than the average Business Development Manager Salary in Insurance Companies for 1 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Business Development Manager Salary
1 - 10 years exp. (11 salaries)
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₹2 L/yr - ₹6.1 L/yr

Sales & Business Development
Business Development Manager Salary
3 - 11 years exp. (4 salaries)
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₹3.5 L/yr - ₹6.3 L/yr

Customer Success, Service & Operations
Business Development Manager Salary
4 - 5 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹4.4 L/yr

UX, Design & Architecture
Business Development Manager Salary
5 - 6 years exp. (AmbitionBox Estimate)
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₹3.5 L/yr - ₹4.5 L/yr

Finance & Accounting
Business Development Manager Salary
10 years exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹4.3 L/yr

View all

Last Updated: 4 Apr 2025

Companies similar to Tata AIA Life Insurance for Business Development Manager

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

0 - 11 years exp. (1.4k salaries)

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₹1.8 L/yr - ₹5 L/yr

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11 job openings
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₹1.9 L/yr - ₹7 L/yr

arrow icon 24% more
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₹1.6 L/yr - ₹5.3 L/yr

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

arrow icon 14% more
1 job opening
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₹2 L/yr - ₹7.3 L/yr

arrow icon 31% more
2 job openings
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₹3 L/yr - ₹5.5 L/yr

arrow icon 5% more
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₹2.3 L/yr - ₹4.8 L/yr

arrow icon 3% less
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₹2.2 L/yr - ₹10.3 L/yr

arrow icon 47% more
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₹3.5 L/yr - ₹7 L/yr

arrow icon 32% more
8 job openings
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₹2 L/yr - ₹6 L/yr

arrow icon 19% less
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₹3.4 L/yr - ₹6 L/yr

arrow icon 18% more
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₹1.1 L/yr - ₹8.2 L/yr

At par
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₹1.5 L/yr - ₹6 L/yr

arrow icon 6% more
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₹2.7 L/yr - ₹5.4 L/yr

arrow icon 7% more
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₹1.8 L/yr - ₹7 L/yr

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₹2 L/yr - ₹5.8 L/yr

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₹11.4 L/yr - ₹24.6 L/yr

arrow icon 485% 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 163% more
Business Development Manager salary at Tata AIA Life Insurance ranges between ₹2 Lakhs to ₹7 Lakhs per year for employees with experience between 1 year to 12 years. Salary estimates are based on 30 latest salaries received from various employees of Tata AIA Life Insurance.

Latest annual salaries shared by Tata AIA Life Insurance Business Development Manager

2d ago
₹6.3 Lakhs
5 years exp.
3mo ago
₹5.5 Lakhs
7 years exp.
6mo ago
₹3 Lakhs
5 years exp.
1y ago
₹4 Lakhs
11 years exp.
1y ago
₹3.5 Lakhs
6 years exp.
1y ago
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4 years exp.
1y ago
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3 years exp.
1y ago
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9 years exp.
1y ago
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12 years exp.
1y ago
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2 years exp.

Experience wise Tata AIA Life Insurance Business Development Manager salaries

Last Updated: 4 Apr 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹3 L/yr - ₹3.8 L/yr
2 years  (4 salaries)

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₹2 L/yr - ₹6.1 L/yr
3 years  (6 salaries)

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

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₹3.2 L/yr - ₹4.2 L/yr
5 years  (4 salaries)

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₹3 L/yr - ₹6.3 L/yr
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Similar Designation salaries in Tata AIA Life Insurance

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₹3.8 L/yr - ₹4.8 L/yr
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₹2.5 L/yr - ₹5 L/yr
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₹3.1 L/yr - ₹3.9 L/yr
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₹5.6 L/yr - ₹11 L/yr
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₹14.84 L/yr - ₹38.5 L/yr
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₹2.75 L/yr - ₹6 L/yr
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₹2.9 L/yr - ₹3.7 L/yr
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₹3.5 L/yr - ₹9 L/yr
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₹5 L/yr - ₹16.8 L/yr
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₹3.8 L/yr - ₹11 L/yr

Salary related reviews for Tata AIA Life Insurance

3.8

Rated by 5 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 23 Oct 2024

1.0
 for  Salary and Benefits

Likes

Yes

  • Skill development - Excellent
  • +3 more

Dislikes

...en to parents here the employee need to be paid to cover her parents Employees getting minimum salaries and in that minimum salary there is no benefits..

read more
  • Salary - Bad
  • +1 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 30 Sep 2024

1.0
 for  Salary and Benefits

Likes

Incentive sharing to the channel Partner Manager are never visit and interact with channel Partner

  • Skill development - Good
  • +2 more

Dislikes

Only bucket 🪣 people get promotion and timing change their salary correction. Than can fire 🔥 employee according to their wishes

read more
  • Salary - Bad
  • +3 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 20 Dec 2023

1.0
 for  Salary and Benefits

Likes

They follow the message received from top end, not even understanding possibility,situation and reality

Dislikes

...ouritism and internal politics, even top performance with 250% achievement also not even get any promotion, increment,bonus from this TATA AIA, this kind of work culture will ruin brand name soon.

read more
  • Salary - Bad
  • +3 more

Insurance Department

5.0
  •  posted on 21 Aug 2021

5.0
 for  Salary and Benefits

Likes

...ironment and culture.Teammates are supportive and the management is transparent. Company policies are good appraisal are fair and they give good salary hike and bonus every year.

read more
  • Salary - Excellent
  • +6 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow.There is a bond of 2 years before which you cannot resign.On the job training is not given to new joinees.

read more

Customer Success, Service & Operations Department

5.0
  •  posted on 29 Jun 2021

5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more
  • Salary - Excellent
  • +6 more

Dislikes

There is 2 months notice period criteria for confirmed employees.

see more salary related reviews

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Tata AIA Life Insurance Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Tata AIA Life Insurance ?
The average salary of a Business Development Manager at Tata AIA Life Insurance in India typically ranges from ₹2.0 Lakhs to ₹7.0 Lakhs per year, depending on experience (from 1 year to 12 years).

The top 10% of Business Development Manager at Tata AIA Life Insurance earn more than ₹6.2 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Business Development Manager Salaries at Tata AIA Life 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 30+ Tata AIA Life Insurance employees in India.
What is the estimated take home salary of a Business Development Manager at Tata AIA Life Insurance in India?
The estimated take-home salary of a Business Development Manager at Tata AIA Life Insurance in India typically ranges from ₹28,817 to ₹30,199 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from 1 year to 12 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 30+ salaries received from various employees of Tata AIA Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Tata AIA Life Insurance for Business Development Manager in India?
The Oriental Insurance Co. ₹11.4 Lakhs to ₹24.6 Lakhs per year
Gallagher ₹10.0 Lakhs to ₹10.8 Lakhs per year
Kotak Mahindara Life Insurance ₹2.2 Lakhs to ₹10.3 Lakhs per year
Bajaj Allianz General Insurance ₹3.5 Lakhs to ₹7.0 Lakhs per year
Axis Max Life Insurance ₹2.0 Lakhs to ₹7.3 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Tata AIA Life Insurance, depending on the role and experience level.
What is the salary of a Business Development Manager in companies similar to Tata AIA Life Insurance in India?
The salary of a Business Development Manager at companies similar to Tata AIA Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SBI Life Insurance Company ₹1.9 Lakhs to ₹7.0 Lakhs per year
Aditya Birla Health Insurance Co ₹3.4 Lakhs to ₹6.0 Lakhs per year
Bajaj Allianz Life Insurance ₹3.0 Lakhs to ₹6.0 Lakhs per year
HDFC Ergo General Insurance ₹2.7 Lakhs to ₹5.4 Lakhs per year
Reliance Nippon Life Insurance ₹1.5 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 Manager at Tata AIA Life Insurance in India?
The salary growth for a Business Development Manager at Tata AIA Life Insurance depends on factors such as experience, performance, and promotions. On average, a Business Development Manager can expect the following growth trajectory at Tata AIA Life Insurance:

Experience Average Salary Range
1 year ₹3.0 Lakhs to ₹3.8 Lakhs per year
2 years ₹2.0 Lakhs to ₹6.1 Lakhs per year
3 years ₹3.0 Lakhs to ₹4.5 Lakhs per year
4 years ₹3.2 Lakhs to ₹4.2 Lakhs per year
and so on.

Tell us how to improve this page.

Tata AIA Life Insurance Business Development Manager salary in India ranges between ₹2 Lakhs to ₹7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 30 Tata AIA Life Insurance latest salaries received from various employees of Tata AIA Life Insurance.