Tata AIA Life Insurance Development Manager Salaries by 4 Employees (Updated 2025)

6 - 30 years exp.

₹4.5 Lakhs - ₹17 Lakhs

Low Confidence

Salary of majority employees

30% 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
ICICI Prudential Life Insurance Development Manager Salary 1 - 10 years exp. (133 salaries)	₹2.2 L/yr - ₹4.7 L/yr 58% less
HDFC Life Development Manager Salary 0 - 6 years exp. (18 salaries)	₹2.6 L/yr - ₹4.3 L/yr 65% less
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SBI Life Insurance Company Development Manager Salary 0 - 12 years exp. (335 salaries)	₹1.8 L/yr - ₹4.5 L/yr 65% less	2 job openings
Max Life Insurance Development Manager Salary 0 - 12 years exp. (42 salaries)	₹2.7 L/yr - ₹5.1 L/yr 59% less
Bajaj Allianz Life Insurance Development Manager Salary 0 - 7 years exp. (3 salaries)	₹3.5 L/yr - ₹4.5 L/yr 57% 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
Kotak Mahindara Life Insurance Development Manager Salary 0 - 9 years exp. (54 salaries)	₹3.2 L/yr - ₹4.7 L/yr 56% less
Life Insurance Corporation of India Development Manager Salary 1 - 12 years exp. (4 salaries)	₹2.4 L/yr - ₹8 L/yr 42% less
ICICI Lombard General Insurance Company Development Manager Salary 0 - 6 years exp. (64 salaries)	₹2.8 L/yr - ₹4.3 L/yr 64% less
HDFC Ergo General Insurance Development Manager Salary 4 - 12 years exp. (12 salaries)	₹5 L/yr - ₹6.7 L/yr 39% less
Shriram Life Insurance Development Manager Salary 14 - 21 years exp. (4 salaries)	₹3.7 L/yr - ₹4 L/yr 60% less
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SBI General Insurance Development Manager Salary 1 - 7 years exp. (4 salaries)	₹1 L/yr - ₹4.5 L/yr 67% less
Star Health & Allied Insurance Development Manager Salary 0 - 4 years exp. (4 salaries)	₹1.8 L/yr - ₹7 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

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

Business Associate in Kolkata

Full Time

Sales & Business Development Department

4.0

• posted on 28 Nov 2024

5.0

for Salary and Benefits

Likes

This platform culture is very lucrative & learning/ skill development are so high. Most satisfaction & higher income opportunity in this platform .

Salary - Excellent

+6 more

Dislikes

This profession income are pay out . But I looking a job that is salary.

Cashier in Pune

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 14 Nov 2024

1.0

for Salary and Benefits

Likes

Nothing any things that like in this role

Dislikes

Very low salary Work pressure of Branch operation Not Secure job No leaves No appraisal No promotion No salary increment Please I request to all candidates please don't join this role.... I have very bad 9 years experience in tata aia cashier role in Pune

Salary - Bad

+6 more

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1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Tata AIA Life Insurance Development Manager Salary FAQs

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

Development Manager salary at Tata AIA Life Insurance in India ranges between ₹4.5 Lakhs to ₹17.0 Lakhs for experience between 6 years to 30 years. According to our estimates it is 30% less than the average Development Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Tata AIA Life Insurance India.

How does the salary of a Development Manager at Tata AIA Life Insurance India compare with the average salary range for this job?

The average salary of a Development Manager at Tata AIA Life Insurance is 30% less than the average salary of a Development Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Development Manager at Tata AIA Life Insurance?

Development Management, Market Mapping, Sales, Team Leading and agency development are some of the popular skills required to work as a Development Manager at Tata AIA Life Insurance India.

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

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

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 ranges between ₹67,408 per month to ₹69,134 per month in India. The take-home salary calculation is based on the average Tata AIA Life Insurance Development Manager salary in India which ranges between ₹4.5 Lakhs to ₹17.0 Lakhs per year for employees with experience between 6 years to 30 years. Check how did we calculate take home salary?

What is the notice period for Development Manager at Tata AIA Life Insurance?

According to AmbitionBox, 100% of the Tata AIA Life Insurance Development Managers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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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.