Tata AIA Life Insurance Kolkata Business Manager Salaries by 7 Employees

9 - 17 years exp.

₹6.5 Lakhs - ₹10.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

25% less than the average Business Manager Salary in Insurance Companies for 9 - 17 years of experience

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Salaries in different departments

Marketing & Communication Business Manager Salary 15 years exp. (AmbitionBox Estimate)	₹8 L/yr - ₹8.8 L/yr
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Sales & Business Development Business Manager Salary 9 years exp. (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.6 L/yr

Last Updated: 22 Sep 2024

Companies similar to Tata AIA Life Insurance for Business Manager in Kolkata

Tata AIA Life Insurance Business Manager Salary

9 - 17 years exp. (7 salaries)

₹6.5 L/yr - ₹10.6 L/yr

Company name	Avg Annual Salary	Open Jobs
IBM Business Manager Salary 13 - 19 years exp. (57 salaries)	₹20.8 L/yr - ₹37 L/yr 274% more
LivSpace Business Manager Salary 4 - 10 years exp. (14 salaries)	₹7.2 L/yr - ₹13 L/yr 11% more	10 job openings
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Abbott Business Manager Salary 3 - 24 years exp. (13 salaries)	₹6.9 L/yr - ₹28.8 L/yr 99% more
Kirloskar Brothers Business Manager Salary 4 - 8 years exp. (10 salaries)	₹3.5 L/yr - ₹9.7 L/yr 18% less	2 job openings
Koye Pharmaceuticals Business Manager Salary 3 - 10 years exp. (10 salaries)	₹3.1 L/yr - ₹4.2 L/yr 60% less

Business Manager salary at Tata AIA Life Insurance ranges between ₹6.5 Lakhs to ₹10.6 Lakhs per year for employees with experience between 9 years to 17 years. Salary estimates are based on 7 latest salaries received from various employees of Tata AIA Life Insurance.

Experience wise Tata AIA Life Insurance Business Manager salaries in Kolkata

Last Updated: 22 Sep 2024

Experience	Avg Annual Salary
9 years (3 salaries)	₹6.5 L/yr - ₹15.4 L/yr
10 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹9.9 L/yr
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11 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹10 L/yr
12 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.1 L/yr
13 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.2 L/yr
14 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.2 L/yr
15+ years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.4 L/yr

View all

Similar Designation salaries in Tata AIA Life Insurance

Branch Manager Salary

(18 salaries)

₹6.5 L/yr - ₹16 L/yr

Sales Manager Salary

(15 salaries)

₹2.8 L/yr - ₹8 L/yr

Area Manager Salary

(13 salaries)

₹7.5 L/yr - ₹14 L/yr

Area Sales Manager Salary

(5 salaries)

₹11.5 L/yr - ₹13.35 L/yr

Territory Manager Salary

(3 salaries)

₹5.16 L/yr - ₹6.43 L/yr

Regional Manager Salary

(3 salaries)

₹6.25 L/yr - ₹11 L/yr

Top skills at Tata AIA Life Insurance for Business Manager

Channel Development Life Insurance Agency Management Travel Agency Time Agency Sales

Salary related reviews for Tata AIA Life Insurance

2.0

Rated by 1 employees for salary & benefits

Relationship Manager in Hyderabad / Secunderabad

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..

Salary - Bad

+1 more

Relationship Manager in Bangalore / Bengaluru

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

Salary - Bad

+3 more

Territory Sales Manager in Chennai

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.

Salary - Bad

+3 more

Relationship Manager in Gurgaon Sector 14

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.

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.

Relationship Manager in Mumbai

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.

Salary - Excellent

+6 more

Dislikes

There is 2 months notice period criteria for confirmed employees.

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Tata AIA Life Insurance Business Manager Salary FAQs

What is the salary of Business Manager at Tata AIA Life Insurance in Kolkata?

The average salary of a Business Manager at Tata AIA Life Insurance in Kolkata typically ranges from ₹6.5 Lakhs to ₹10.6 Lakhs per year, depending on experience (from 9 years to 17 years).

The top 10% of Business Manager in Kolkata at Tata AIA Life Insurance earn more than ₹10.4 Lakhs per year, and the top 1% earn over ₹10.6 Lakhs per year. Business 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 7 Tata AIA Life Insurance employees in India.

What is the estimated take home salary of a Business Manager at Tata AIA Life Insurance in Kolkata?

The estimated take-home salary of a Business Manager at Tata AIA Life Insurance in Kolkata typically ranges from ₹63,022 to ₹64,624 per month. This is based on the average salary range of ₹6.5 Lakhs to ₹10.6 Lakhs per year for employees with experience ranging from 9 years to 17 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 7 salaries received from various employees of Tata AIA Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Business Manager at Tata AIA Life Insurance in Kolkata?

To be a Business Manager at Tata AIA Life Insurance in Kolkata, the key skills required include:

- Channel Development
- Life Insurance
- Agency Management
- Travel Agency
- Time

These skills are highly valued at Tata AIA Life Insurance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Tata AIA Life Insurance for Business Manager in India?

IBM	₹20.8 Lakhs to ₹37.0 Lakhs per year
Abbott	₹6.9 Lakhs to ₹28.8 Lakhs per year
LivSpace	₹7.2 Lakhs to ₹13.0 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 Manager in companies similar to Tata AIA Life Insurance in Kolkata?

The salary of a Business Manager at companies similar to Tata AIA Life Insurance in Kolkata varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kirloskar Brothers	₹3.5 Lakhs to ₹9.7 Lakhs per year
Koye Pharmaceuticals	₹3.1 Lakhs to ₹4.2 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 Manager at Tata AIA Life Insurance in Kolkata?

The salary growth for a Business Manager at Tata AIA Life Insurance in Kolkata depends on factors such as experience, performance, and promotions. On average, a Business Manager in Kolkata can expect the following growth trajectory at Tata AIA Life Insurance:

Experience	Average Salary Range
9 years	₹6.5 Lakhs to ₹15.4 Lakhs per year
10 years	₹7.8 Lakhs to ₹9.9 Lakhs per year
11 years	₹7.8 Lakhs to ₹10.0 Lakhs per year
12 years	₹7.9 Lakhs to ₹10.1 Lakhs per year

and so on.

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Tata AIA Life Insurance Business Manager Salaries in Kolkata

Tata AIA Life Insurance Business Manager salary in Kolkata ranges between ₹6.5 Lakhs to ₹10.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Tata AIA Life Insurance latest salaries received from various employees of Tata AIA Life Insurance.