Tata AIA Life Insurance Development Manager Salaries by 4 Employees

6 - 30 years exp.

₹4.5 Lakhs - ₹17 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

31% less than the average Development Manager Salary in Insurance Companies for 6 - 30 years of experience

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Salaries in different departments

BFSI, Investments & Trading Development Manager Salary 6 - 12 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹10.2 L/yr
Product Management Development Manager Salary 6 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr
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Sales & Business Development Development Manager Salary 30 years exp. (AmbitionBox Estimate)	₹15.3 L/yr - ₹18.7 L/yr

Last Updated: 17 Jul 2024

Companies similar to Tata AIA Life Insurance for Development Manager

Company name	Avg Annual Salary	Open Jobs
SBI Life Insurance Company Development Manager Salary 0 - 12 years exp. (343 salaries)	₹1.8 L/yr - ₹4.8 L/yr 65% less	2 job openings
ICICI Prudential Life Insurance Development Manager Salary 1 - 10 years exp. (130 salaries)	₹2.2 L/yr - ₹4.6 L/yr 58% less
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ICICI Lombard General Insurance Company Development Manager Salary 0 - 6 years exp. (67 salaries)	₹2.8 L/yr - ₹4.3 L/yr 64% less
Kotak Mahindara Life Insurance Development Manager Salary 0 - 9 years exp. (55 salaries)	₹3.2 L/yr - ₹4.7 L/yr 56% less
Axis Max Life Insurance Development Manager Salary 0 - 12 years exp. (42 salaries)	₹2.7 L/yr - ₹5.1 L/yr 59% less
HDFC Life Development Manager Salary 0 - 6 years exp. (19 salaries)	₹2.6 L/yr - ₹4.3 L/yr 62% less
HDFC Ergo General Insurance Development Manager Salary 4 - 12 years exp. (12 salaries)	₹5 L/yr - ₹6.7 L/yr 38% less
Reliance Nippon Life Insurance Development Manager Salary 1 - 6 years exp. (9 salaries)	₹1.9 L/yr - ₹4.1 L/yr 70% less	2 job openings
Shriram Life Insurance Development Manager Salary 11 - 21 years exp. (6 salaries)	₹3 L/yr - ₹4.5 L/yr 65% less
SBI General Insurance Development Manager Salary 1 - 7 years exp. (4 salaries)	₹1 L/yr - ₹4.5 L/yr 67% less
Life Insurance Corporation of India Development Manager Salary 1 - 12 years exp. (4 salaries)	₹2.4 L/yr - ₹8 L/yr 42% less
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Star Health & Allied Insurance Development Manager Salary 0 - 4 years exp. (4 salaries)	₹1.8 L/yr - ₹7 L/yr 57% less
Bajaj Allianz Life Insurance Development Manager Salary 0 - 7 years exp. (3 salaries)	₹3.5 L/yr - ₹4.5 L/yr 57% less

Development Manager salary at Tata AIA Life Insurance ranges between ₹4.5 Lakhs to ₹17 Lakhs per year for employees with experience between 6 years to 30 years. Salary estimates are based on 4 latest salaries received from various employees of Tata AIA Life Insurance.

Experience wise Tata AIA Life Insurance Development Manager salaries

Last Updated: 17 Jul 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
12 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.7 L/yr
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15+ years (AmbitionBox Estimate)	₹15.3 L/yr - ₹19.5 L/yr

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Top skills at Tata AIA Life Insurance for Development Manager

Development Management Market Mapping Sales Team Leading agency development

Salary related reviews for Tata AIA Life Insurance

Product Manager in Thanjavur

Full Time

Marketing & Communication Department

3.0

• posted on 19 Dec 2022

2.0

for Salary and Benefits

Likes

Pay is ok

Skill development - Excellent

+1 more

Dislikes

Bad people mgmt rude managers Existing employees are not valued Not market standard CTC to existing employees nor they do revision To say it's 5 days a week and flexi hours but here it's 7 days a week still abuse to employees strict 9 am login delay then ready for abuses not fixed log out time

Salary - Poor

+3 more

Cashier in Pune

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 29 Mar 2025

1.0

for Salary and Benefits

Likes

Nothing any things to like in this role. Shame on tata aia life insurance company. Tata aia doing fraud with cashier. At the time of interview they told you here is no work pressure.

Dislikes

Work pressure. Lot of work pressure. Low salary.. Outsource joining. Wo log aap se operations ki sari jobs aapko denge lekin salary bahut km. Selfish operations manager. They don't have humanity. Sidhi sadhi cashier ki life ko jhund kr dete hai. Branch operations executive to branch operations head also roode. They use only cashier. Fifteen thausand se bhi kam salary me branch operations ke sare kam krate hai. If cashier operations ke kam krta hai to salary kyu nhi dete operations manager ki jaisi?? Shame on tata aia life. They don't have humanity Month end lot of work pressure 15 hours shift during month end. Cashier have all access and authority of branch operations work. But they don't provides salary like them. Tata aia doing scam with cashier. Hungry for sales....Shame on this company.... Very bad experience I get from Tata aia cashier role. They don't provides overtime to cashier. Even housekeeping salary is more than cashier s salary and their company provides them Overtime

Salary - Bad

+6 more

Key Account Manager in New Delhi (working remotely)

Full Time

Sales & Business Development Department

1.0

• posted on 04 Feb 2025

4.0

for Salary and Benefits

Likes

Only they will give you salary .. package . Rest will be in rest in piece

Salary - Good

Dislikes

No work life balance , no timing of work life culture . You will receive call from your seniors at any time till 10:30 pm Don't join the company

Job security - Bad

+3 more

Bancassurance Manager in Gurgaon / Gurugram

Full Time

Sales & Business Development Department

3.0

• posted on 15 Jan 2025

5.0

for Salary and Benefits

Likes

Salary and incentive

Salary - Excellent

+2 more

Dislikes

My CM Karan Bagga was not good , due to him I'm terminated from the organisation in the case of compliance audit ,,all whole sole is responsible for that. All sign documents was check under the supervision of Senior manager. My 4 year career is zero. I'm in the condition to suicide but thanks to my previous TSM Karan Singh who support me in my tuff situation. I would appreciate if this type of suffocating thing will not happen and make sure like My CM should not be working.

Skill development - Poor

+1 more

Deputy Key Accounts Manager in Patna

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 15 Dec 2024

2.0

for Salary and Benefits

Likes

To some extent job security,and salary credited timely..

Dislikes

Salary increment is big issue with the company 2nd local fuel Expense are very complicated 3rd incentive structure are not employee friendly... and management have no time to consider all this things. Upper management are getting their salary revised as they find opportunity,but they are not bother about the middle and lower levels F L S.

Salary - Poor

+1 more

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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 Development Manager Salary FAQs

What is the salary of Development Manager at Tata AIA Life Insurance ?

The average salary of a Development Manager at Tata AIA Life Insurance in India typically ranges from ₹4.5 Lakhs to ₹17.0 Lakhs per year, depending on experience (from 6 years to 30 years).

The top 10% of Development Manager at Tata AIA Life Insurance earn more than ₹17.0 Lakhs per year, and the top 1% earn over ₹17.0 Lakhs per year. 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 4 Tata AIA Life Insurance employees in India.

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

The estimated take-home salary of a Development Manager at Tata AIA Life Insurance in India typically ranges from ₹67,408 to ₹69,134 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹17.0 Lakhs per year for employees with experience ranging from 6 years to 30 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 4 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 Development Manager at Tata AIA Life Insurance ?

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

- Development Management
- Market Mapping
- Sales
- Team Leading
- agency development

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

What is the salary of a Development Manager in companies similar to Tata AIA Life Insurance in India?

The salary of a 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:

HDFC Ergo General Insurance	₹5.0 Lakhs to ₹6.7 Lakhs per year
Life Insurance Corporation of India	₹2.4 Lakhs to ₹8.0 Lakhs per year
Kotak Mahindara Life Insurance	₹3.2 Lakhs to ₹4.7 Lakhs per year
Bajaj Allianz Life Insurance	₹3.5 Lakhs to ₹4.5 Lakhs per year
Star Health & Allied Insurance	₹1.8 Lakhs to ₹7.0 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 Development Manager at Tata AIA Life Insurance in India?

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

Experience	Average Salary Range
6 years	₹4.5 Lakhs to ₹5.7 Lakhs per year
12 years	₹9.2 Lakhs to ₹11.7 Lakhs per year
15 years	₹15.3 Lakhs to ₹19.5 Lakhs per year

and so on.

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Tata AIA Life Insurance Development Manager Salaries

Tata AIA Life Insurance Development Manager salary in India ranges between ₹4.5 Lakhs to ₹17 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Tata AIA Life Insurance latest salaries received from various employees of Tata AIA Life Insurance.