Tata AIG Business Development Officer Salaries by 5 Employees

5 - 8 years exp.

₹2 Lakhs - ₹6 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

11% less than the average Business Development Officer Salary in Insurance Companies for 5 - 8 years of experience

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Salaries in different departments

Data Science & Analytics Business Development Officer Salary 5 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.6 L/yr
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Sales & Business Development Business Development Officer Salary 6 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr

Last Updated: 28 Apr 2024

Companies similar to Tata AIG for Business Development Officer

Company name	Avg Annual Salary	Open Jobs
Canara HSBC Life Insurance Business Development Officer Salary 0 - 5 years exp. (14 salaries)	₹2.5 L/yr - ₹3.1 L/yr 8% less
ICICI Prudential Life Insurance Business Development Officer Salary 0 - 6 years exp. (7 salaries)	₹2.8 L/yr - ₹4 L/yr 2% more
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Bajaj Allianz Life Insurance Business Development Officer Salary 0 - 7 years exp. (5 salaries)	₹1.4 L/yr - ₹3 L/yr 26% less
SBI General Insurance Business Development Officer Salary 0 - 8 years exp. (4 salaries)	₹2.8 L/yr - ₹8 L/yr 34% more
Aditya Birla Sun Life Insurance Business Development Officer Salary 1 - 4 years exp. (4 salaries)	₹2.8 L/yr - ₹4 L/yr 3% less
HDFC Life Business Development Officer Salary 2 - 4 years exp. (4 salaries)	₹2.1 L/yr - ₹3.5 L/yr 11% less
Reliance Nippon Life Insurance Business Development Officer Salary 2 - 5 years exp. (3 salaries)	₹2.8 L/yr - ₹5 L/yr 9% more
Shriram Life Insurance Business Development Officer Salary 0 - 8 years exp. (3 salaries)	₹2 L/yr - ₹2.4 L/yr 34% less

Business Development Officer salary at Tata AIG ranges between ₹2 Lakhs to ₹6 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Tata AIG.

Experience wise Tata AIG Business Development Officer salaries

Last Updated: 28 Apr 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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7 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
8 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.4 L/yr

Similar Designation salaries in Tata AIG

Business Development Manager Salary

(18 salaries)

₹3.1 L/yr - ₹6 L/yr

Business Development Associate Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Business Development Executive Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Senior Business Development Manager Salary

(3 salaries)

₹5 L/yr - ₹12 L/yr

Senior Business Development Executive Salary

(AmbitionBox Estimate)

₹3.9 L/yr - ₹4.9 L/yr

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₹5.2 L/yr - ₹6.7 L/yr

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Salary related reviews for Tata AIG

4.0

Rated by 2 employees for salary & benefits

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

Job security - Good

+2 more

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

Skill development - Excellent

+4 more

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.

Salary - Excellent

+5 more

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.

Skill development - Good

+1 more

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.

Salary - Good

+5 more

Dislikes

Nothing one

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Tata AIG Business Development Officer Salary FAQs

What is the salary of Business Development Officer at Tata AIG ?

The average salary of a Business Development Officer at Tata AIG in India typically ranges from ₹2.0 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 5 years to 8 years).

The top 10% of Business Development Officer at Tata AIG earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Business Development Officer Salaries at Tata AIG 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 5 Tata AIG employees in India.

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

The estimated take-home salary of a Business Development Officer at Tata AIG in India typically ranges from ₹23,964 to ₹25,418 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 5 years to 8 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 5 salaries received from various employees of Tata AIG. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Tata AIG for Business Development Officer in India?

SBI General Insurance	₹2.8 Lakhs to ₹8.0 Lakhs per year
Reliance Nippon Life Insurance	₹2.8 Lakhs to ₹5.0 Lakhs per year
ICICI Prudential Life Insurance	₹2.8 Lakhs to ₹4.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Tata AIG, depending on the role and experience level.

What is the salary of a Business Development Officer in companies similar to Tata AIG in India?

The salary of a Business Development Officer at companies similar to Tata AIG in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aditya Birla Sun Life Insurance	₹2.8 Lakhs to ₹4.0 Lakhs per year
Canara HSBC Life Insurance	₹2.5 Lakhs to ₹3.1 Lakhs per year
HDFC Life	₹2.1 Lakhs to ₹3.5 Lakhs per year
Bajaj Allianz Life Insurance	₹1.4 Lakhs to ₹3.0 Lakhs per year
Shriram Life Insurance	₹2.0 Lakhs to ₹2.4 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 Officer at Tata AIG in India?

The salary growth for a Business Development Officer at Tata AIG depends on factors such as experience, performance, and promotions. On average, a Business Development Officer can expect the following growth trajectory at Tata AIG:

Experience	Average Salary Range
5 years	₹1.8 Lakhs to ₹2.3 Lakhs per year
6 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
7 years	₹3.4 Lakhs to ₹4.3 Lakhs per year
8 years	₹4.3 Lakhs to ₹5.4 Lakhs per year

and so on.

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Tata AIG Business Development Officer Salaries

Tata AIG Business Development Officer salary in India ranges between ₹2 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Tata AIG latest salaries received from various employees of Tata AIG.