Tata AIG Mumbai Business Development Manager Salaries by 5 Employees (Updated 2024)

2 - 6 years exp.

₹3.1 Lakhs - ₹5.7 Lakhs

Salary of majority employees

38% less than the average Business Development Manager Salary in Insurance Companies for 2 - 6 years of experience

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Salaries in different departments

Sales & Business Development Business Development Manager Salary 2 - 4 years exp. (3 salaries)	₹4.1 L/yr - ₹5.7 L/yr
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BFSI, Investments & Trading Business Development Manager Salary 6 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹4.5 L/yr

Last Updated: 16 Mar 2023

Companies similar to Tata AIG for Business Development Manager in Mumbai

Tata AIG Business Development Manager Salary

2 - 6 years exp. (5 salaries)

₹3.1 L/yr - ₹5.7 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Business Development Manager Salary 4 - 12 years exp. (6 salaries)	₹4.2 L/yr - ₹7.5 L/yr 7% less
SBI General Insurance Business Development Manager Salary 0 - 7 years exp. (16 salaries)	₹2.8 L/yr - ₹4.5 L/yr 18% less	12 job openings
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Future Generali India Life Insurance Business Development Manager Salary 3 - 12 years exp. (6 salaries)	₹5 L/yr - ₹7 L/yr 18% more
HDFC Life Business Development Manager Salary 0 - 10 years exp. (185 salaries)	₹1.9 L/yr - ₹4.5 L/yr 20% less	12 job openings
SBI Life Insurance Company Business Development Manager Salary 3 - 12 years exp. (60 salaries)	₹3 L/yr - ₹7 L/yr 7% more	1 job opening
Aditya Birla Sun Life Insurance Business Development Manager Salary 0 - 12 years exp. (24 salaries)	₹4.1 L/yr - ₹6.5 L/yr 3% less
Bajaj Allianz Life Insurance Business Development Manager Salary 0 - 12 years exp. (22 salaries)	₹3.7 L/yr - ₹5.5 L/yr 1% less
ICICI Prudential Life Insurance Business Development Manager Salary 0 - 6 years exp. (12 salaries)	₹1.7 L/yr - ₹4.7 L/yr 16% less
Star Union Dai-ichi Life Insurance Business Development Manager Salary 4 - 7 years exp. (6 salaries)	₹3.9 L/yr - ₹6.4 L/yr At par	9 job openings
Reliance Nippon Life Insurance Business Development Manager Salary 3 - 10 years exp. (4 salaries)	₹4 L/yr - ₹6 L/yr 12% less
Shriram Life Insurance Business Development Manager Salary 0 - 10 years exp. (4 salaries)	₹2.4 L/yr - ₹6 L/yr 12% less	2 job openings
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Gallagher Business Development Manager Salary 4 - 14 years exp. (3 salaries)	₹10 L/yr - ₹10.8 L/yr 127% more

Business Development Manager salary at Tata AIG ranges between ₹3.1 Lakhs to ₹5.7 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Tata AIG.

Experience wise Tata AIG Business Development Manager salaries in Mumbai

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.6 L/yr
3 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.7 L/yr
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4 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹8.1 L/yr
5 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
6 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹8.2 L/yr

Similar Designation salaries in Tata AIG

Area Sales Manager Salary

(34 salaries)

₹6.15 L/yr - ₹15.25 L/yr

Senior Sales Manager Salary

(6 salaries)

₹4.7 L/yr - ₹8.4 L/yr

Top skills at Tata AIG for Business Development Manager

MS Office Package Communication Skills Excel Planning Skills Leadership Skills Management Skills

Salary related reviews for Tata AIG

Sales Manager in New Delhi

Full Time

Sales & Business Development Department

5.0

• posted on 04 Mar 2023

3.0

for Salary and Benefits

Likes

Work space for employees is really good..even that culture is also good. U will completely have enough time to spend with family and learn some activities but to be honest I am in sales so for us every day is working day

Dislikes

Salary package is little bit low specially for front liners

Relationship Manager in Bangalore / Bengaluru

Full Time

Axis Branch Banking Department

4.0

• posted on 26 Aug 2022

3.0

for Salary and Benefits

Likes

Tata AIG is employee friendly company and gives time to learn and build our career. It has a brand and Claim settlement is good where most of the customers and channel partners prefer to take Tata Aig policy

Dislikes

There is no proper salary hikes for the employees working in the organization since very long. The work which we do is not worth for the salary we are getting. Appraisals are not given as per hardwork and business numbers. Also very often we get IT issues or pan india portal locks due to any one persons mistake where all as to suffer

Relationship Manager in Jodhpur

Sales & Service Department

4.0

• posted on 15 May 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.

Dislikes

On the job training is not given to new joinees

Deputy Manager in Gorakhpur

Sales & Service Department

4.0

• posted on 09 May 2021

3.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent.Company policies are good but little bit of changes are required, appraisals are fair and they give almost good salary hike and bonus every year.

Dislikes

Career growth is slow

Relationship Manager in Sultanpur

BFSI, Investments & Trading Department

5.0

• posted on 16 May 2021

4.0

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.

Dislikes

Nothing one

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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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Tata AIG Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Tata AIG Mumbai?

Business Development Manager salary at Tata AIG in Mumbai ranges between ₹3.1 Lakhs to ₹5.7 Lakhs for experience between 2 years to 6 years. According to our estimates it is 38% less than the average Business Development Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Tata AIG Mumbai.

How does the salary of a Business Development Manager at Tata AIG Mumbai compare with the average salary range for this job?

The average salary of a Business Development Manager at Tata AIG is 38% 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 Tata AIG?

MS Office Package, Communication Skills, Excel, Planning Skills and Leadership Skills are some of the popular skills required to work as a Business Development Manager at Tata AIG Mumbai.

Which similar companies are paying more than Tata AIG to a Business Development Manager in Mumbai?

Gallagher Business Development Manager Salary - ₹10.0 Lakhs to ₹10.8 Lakhs per year
Future Generali India Life Insurance Business Development Manager Salary - ₹5.0 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 Tata AIG in Mumbai?

Star Union Dai-ichi Life Insurance Business Development Manager Salary - ₹3.9 Lakhs to ₹6.4 Lakhs per year
Bajaj Allianz Life Insurance Business Development Manager Salary - ₹3.7 Lakhs to ₹5.5 Lakhs per year
Aditya Birla Sun Life Insurance Business Development Manager Salary - ₹4.1 Lakhs to ₹6.5 Lakhs per year
ICICI Lombard General Insurance Company Business Development Manager Salary - ₹4.2 Lakhs to ₹7.5 Lakhs per year
Reliance Nippon Life Insurance Business Development Manager Salary - ₹4.0 Lakhs to ₹6.0 Lakhs per year

What is the estimated take home salary of a Business Development Manager at Tata AIG in Mumbai?

The estimated take-home salary of a Business Development Manager at Tata AIG ranges between ₹33,800 per month to ₹35,058 per month in Mumbai. The take-home salary calculation is based on the average Tata AIG Business Development Manager salary in India which ranges between ₹3.1 Lakhs to ₹5.7 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?

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Tata AIG Business Development Manager Salaries in Mumbai

Tata AIG Business Development Manager salary in Mumbai ranges between ₹3.1 Lakhs to ₹5.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Tata AIG latest salaries received from various employees of Tata AIG.

Tata AIG Business Development Manager salaries in Mumbai

Companies similar to Tata AIG for Business Development Manager in Mumbai

Latest annual salaries shared by Tata AIG Business Development Manager in Mumbai

Experience wise Tata AIG Business Development Manager salaries in Mumbai

Similar Designation salaries in Tata AIG

Top skills at Tata AIG for Business Development Manager

Salary related reviews for Tata AIG

Sales Manager in New Delhi

Relationship Manager in Bangalore / Bengaluru

Relationship Manager in Jodhpur

Deputy Manager in Gorakhpur

Relationship Manager in Sultanpur

Tata AIG Business Development Manager Salary FAQs

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