Vidal Health Insurance Business Development Manager Salaries by 7 Employees

7 - 11 years exp.

₹4.5 Lakhs - ₹7.8 Lakhs

Salary of majority employees

22% less than the average Business Development Manager Salary in Insurance Companies for 7 - 11 years of experience

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Salaries in different departments

Customer Success, Service & Operations Business Development Manager Salary 7 - 11 years exp. (3 salaries)	₹4.5 L/yr - ₹5.8 L/yr
Sales & Business Development Business Development Manager Salary 9 - 11 years exp. (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
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CSR & Social Service Business Development Manager Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹4.9 L/yr - ₹6 L/yr

Last Updated: 6 Oct 2024

Companies similar to Vidal Health Insurance for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
Smc Insurance Brokers Business Development Manager Salary 3 - 9 years exp. (7 salaries)	₹3 L/yr - ₹5.5 L/yr 18% less
Europ Assistance India Business Development Manager Salary 14 - 16 years exp. (6 salaries)	₹22.5 L/yr - ₹26 L/yr 317% more
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Probus Insurance Broker Private limited Business Development Manager Salary 3 - 15 years exp. (5 salaries)	₹2.9 L/yr - ₹6.3 L/yr 23% less
Agriculture Insurance Company of India Business Development Manager Salary 3 - 10 years exp. (4 salaries)	₹3 L/yr - ₹14 L/yr 36% more
Aditya Birla Insurance Brokers Business Development Manager Salary 5 - 18 years exp. (4 salaries)	₹3.5 L/yr - ₹4.9 L/yr 30% less
Easypolicy.com Business Development Manager Salary 0 - 4 years exp. (3 salaries)	₹1.7 L/yr - ₹2.7 L/yr 66% less
Health India Tpa Services Business Development Manager Salary 10 - 12 years exp. (3 salaries)	₹3 L/yr - ₹11.1 L/yr 7% more

Business Development Manager salary at Vidal Health Insurance ranges between ₹4.5 Lakhs to ₹7.8 Lakhs per year for employees with experience between 7 years to 11 years. Salary estimates are based on 7 latest salaries received from various employees of Vidal Health Insurance.

Experience wise Vidal Health Insurance Business Development Manager salaries

Last Updated: 6 Oct 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹9.6 L/yr
8 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹10.1 L/yr
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9 years (AmbitionBox Estimate)	₹5 L/yr - ₹7.8 L/yr
10 years (AmbitionBox Estimate)	₹5 L/yr - ₹11.1 L/yr
11 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.8 L/yr

Similar Designation salaries in Vidal Health Insurance

Senior Business Development Manager Salary

(AmbitionBox Estimate)

₹37.4 L/yr - ₹47.7 L/yr

Deputy Manager Salary

(5 salaries)

₹2.4 L/yr - ₹5 L/yr

Regional Manager Salary

(3 salaries)

₹13.22 L/yr - ₹15.5 L/yr

Branch Manager Salary

(4 salaries)

₹4 L/yr - ₹10 L/yr

Relationship Manager Salary

(5 salaries)

₹2.7 L/yr - ₹3.3 L/yr

Area Manager Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Team Lead Salary

(108 salaries)

₹2.4 L/yr - ₹8 L/yr

Top skills at Vidal Health Insurance for Business Development Manager

Business Development Management Strategic Planning Competitor Analysis Business Development Management Cold Calling Market Research client servicing Corporate Sales bdm New Projects Client Relationship Management ECS TPA New Business

Salary related reviews for Vidal Health Insurance

5.0

Rated by 1 employees for salary & benefits

Executive Accountant in Bangalore / Bengaluru

Full Time

Administration & Facilities Department

1.0

• posted on 27 Aug 2023

1.0

for Salary and Benefits

Likes

Only working skills

Skill development - Good

Dislikes

If you want to destroy your personal and professional life? You can join Vidal. There is no hike or appraisals and there is no corporate culture. Only gossips by higher head. Worst worst worst...

Salary - Bad

+5 more

Claims Executive in Coimbatore

Full Time

Healthcare & Life Sciences Department

4.0

• posted on 13 Jul 2022

3.0

for Salary and Benefits

Likes

It is a good company, it always supports the employee and does not delay the salary but would like to increase the salary and it should be so that the employees are also able to work.

Skill development - Good

+5 more

Dislikes

I don’t dislike anything Everything is good

Assistant Manager in Pune Branch

Full Time

Other Department

5.0

• posted on 13 Oct 2023

5.0

for Salary and Benefits

Likes

Vidal is good growing company after merging with Vipul TPA.I am Vipul TPA employee recently rejoin in this company again just because this is very good company for Salary structure, company atmosphere & work satisfaction

Salary - Excellent

+6 more

Dislikes

No any dislike

Executive in Patna

Customer Success, Service & Operations Department

5.0

• posted on 26 Jul 2021

5.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policies are good, appraisals are fair and they give good salary hike.

Salary - Excellent

+6 more

Dislikes

Salary is decent but career growth is slow.

Operations Executive in Noida

Customer Success, Service & Operations Department

5.0

• posted on 19 Sep 2020

5.0

for Salary and Benefits

Likes

...where our company do follow rules all employee and we all fallow company rules .My company no cut my salary in lock down but i also joined in lock down in 18 may regular and mentions my work tat. according my company is the best.

Salary - Excellent

+6 more

Dislikes

no i do not dis like but many hope that the company provide growth in salary for next

see more salary related reviews

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Vidal Health Insurance Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Vidal Health Insurance ?

The average salary of a Business Development Manager at Vidal Health Insurance in India typically ranges from ₹4.5 Lakhs to ₹7.8 Lakhs per year, depending on experience (from 7 years to 11 years).

The top 10% of Business Development Manager at Vidal Health Insurance earn more than ₹7.8 Lakhs per year, and the top 1% earn over ₹7.8 Lakhs per year. Business Development Manager Salaries at Vidal Health 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 Vidal Health Insurance employees in India.

What is the estimated take home salary of a Business Development Manager at Vidal Health Insurance in India?

The estimated take-home salary of a Business Development Manager at Vidal Health Insurance in India typically ranges from ₹44,726 to ₹45,820 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹7.8 Lakhs per year for employees with experience ranging from 7 years to 11 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 Vidal Health Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Business Development Manager at Vidal Health Insurance ?

To be a Business Development Manager at Vidal Health Insurance in india, the key skills required include:

- Business Development
- Management
- Strategic Planning
- Competitor Analysis
- Business Development Management

These skills are highly valued at Vidal Health Insurance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Vidal Health Insurance for Business Development Manager in India?

Europ Assistance India	₹22.5 Lakhs to ₹26.0 Lakhs per year
Agriculture Insurance Company of India	₹3.0 Lakhs to ₹14.0 Lakhs per year
Health India Tpa Services	₹3.0 Lakhs to ₹11.1 Lakhs per year

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

What is the salary of a Business Development Manager in companies similar to Vidal Health Insurance in India?

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

Smc Insurance Brokers	₹3.0 Lakhs to ₹5.5 Lakhs per year
Probus Insurance Broker Private limited	₹2.9 Lakhs to ₹6.3 Lakhs per year
Aditya Birla Insurance Brokers	₹3.5 Lakhs to ₹4.9 Lakhs per year
Easypolicy.com	₹1.7 Lakhs to ₹2.7 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 Manager at Vidal Health Insurance in India?

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

Experience	Average Salary Range
7 years	₹4.5 Lakhs to ₹9.6 Lakhs per year
8 years	₹4.9 Lakhs to ₹10.1 Lakhs per year
9 years	₹5.0 Lakhs to ₹7.8 Lakhs per year
10 years	₹5.0 Lakhs to ₹11.1 Lakhs per year

and so on.

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Vidal Health Insurance Business Development Manager Salaries

Vidal Health Insurance Business Development Manager salary in India ranges between ₹4.5 Lakhs to ₹7.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Vidal Health Insurance latest salaries received from various employees of Vidal Health Insurance.