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Tata AIG

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4.1

based on 2.8k Reviews

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Tata AIG Business Development Officer salaries in India

Annual salary range
5 - 8 years exp.
₹2 Lakhs - ₹6 Lakhs
Salary of majority employees info icon
Avg. annual salary
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Monthly In-hand Salary

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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... Read more

13% less than the average Business Development Officer Salary in Insurance Companies for 5 - 8 years of experience

Interested in this particular role?

Last Updated: 28 Apr 2024

Companies similar to Tata AIG for Business Development Officer

Company name Avg Annual Salary Open Jobs
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Canara HSBC Life Insurance Business Development Officer Salary

0 - 7 years exp. (13 salaries)

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₹2.7 L/yr - ₹3.3 L/yr

arrow icon 8% less
1 job opening
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ICICI Prudential Life Insurance Business Development Officer Salary

0 - 7 years exp. (6 salaries)

unlock blur

₹2.8 L/yr - ₹4 L/yr

arrow icon 5% more
Login to view exact salary info icon
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HDFC Life Business Development Officer Salary

1 - 4 years exp. (6 salaries)

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₹2 L/yr - ₹3.5 L/yr

arrow icon 13% less
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Axis Max Life Insurance Business Development Officer Salary

0 - 5 years exp. (4 salaries)

unlock blur

₹1.2 L/yr - ₹3.5 L/yr

arrow icon 24% less
Logo
SBI General Insurance Business Development Officer Salary

0 - 4 years exp. (4 salaries)

unlock blur

₹2.8 L/yr - ₹8 L/yr

arrow icon 28% more
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Aditya Birla Sun Life Insurance Business Development Officer Salary

1 - 5 years exp. (4 salaries)

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₹2.8 L/yr - ₹4 L/yr

arrow icon 3% less
Logo
Bajaj Allianz Life Insurance Business Development Officer Salary

2 - 7 years exp. (4 salaries)

unlock blur

₹2.5 L/yr - ₹7 L/yr

arrow icon 1% more
Logo
Reliance Nippon Life Insurance Business Development Officer Salary

2 - 5 years exp. (3 salaries)

unlock blur

₹2.8 L/yr - ₹5 L/yr

arrow icon 9% more
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Shriram Life Insurance Business Development Officer Salary

0 - 8 years exp. (3 salaries)

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₹2 L/yr - ₹2.4 L/yr

arrow icon 34% less
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Aditya Birla Health Insurance Co Business Development Officer Salary

2 - 4 years exp. (3 salaries)

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₹3.3 L/yr - ₹5 L/yr

arrow icon 19% more

Tata AIG Business Development Officer salaries by

Years of experience Avg. annual salary
5 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹2.3 L/yr
6 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.2 L/yr
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7 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.3 L/yr
8 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹5.4 L/yr

Similar Designation Salaries at Tata AIG

Similar Designation Avg. annual salary
Business Development Manager Salary
(17 salaries)
unlock-blur

₹3.1 L/yr - ₹5.7 L/yr

Business Development Associate Salary
(AmbitionBox Estimate)
unlock-blur

₹2.1 L/yr - ₹2.6 L/yr

Login to view exact salary info icon
Business Development Executive Salary
(AmbitionBox Estimate)
unlock-blur

₹4.1 L/yr - ₹5.3 L/yr

Senior Business Development Manager Salary
(AmbitionBox Estimate)
unlock-blur

₹7.7 L/yr - ₹9.8 L/yr

Senior Business Development Executive Salary
(AmbitionBox Estimate)
unlock-blur

₹3.9 L/yr - ₹4.9 L/yr

Business Manager Salary
(AmbitionBox Estimate)
unlock-blur

₹4.1 L/yr - ₹5.2 L/yr

Sales Officer Salary
(9 salaries)
unlock-blur

₹1.8 L/yr - ₹5.8 L/yr

Zonal Sales Manager Salary
(17 salaries)
unlock-blur

₹15.8 L/yr - ₹25 L/yr

Sales Executive Salary
(118 salaries)
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₹1.2 L/yr - ₹4 L/yr

Assistant Sales Manager Salary
(4 salaries)
unlock-blur

₹2.3 L/yr - ₹5 L/yr

View more similar designations

Top trending discussions

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Career Growth
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pleasantfox
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Insurance Sector
Stability vs Growth
I worked in a company for 20 years and suddenly put off role. Searching jobs I realised I am over age for various roles that I could do and less experienced for Leadership Roles as my exposure was limited. I always thought I am earning decent money and can work another 7 years and retire at 50. Though the younger generation is much smarter I still want to advise them (BFSI specific) * Work in a role for max 2-3 years and switch when you feel you are done. * By age of 30, if you are still earning less than 10 lakh you are not growing * By age of 35 you must become AVP as no company will hire AVP if you are more than 36. *Be loyal to your self, not your organization. * Most importantly save atleast 30% or more of whatever your CTC. Donot spend much with every raise. * Buy a property, and pay loans before 35. In tough times it's only Savings that give you cushion and peace nothing else
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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
  •  updated 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

read more
  • 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
  •  updated 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

read more
  • 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

read more

Relationship Manager in Jodhpur

Sales & Service Department

4.0
  •  updated 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.

read more
  • Salary - Excellent
  • +5 more

Dislikes

On the job training is not given to new joinees

Deputy Manager in Gorakhpur

Sales & Service Department

4.0
  •  updated 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.

read more
  • Skill development - Good
  • +1 more

Dislikes

Career growth is slow

Relationship Manager in Sultanpur

BFSI, Investments & Trading Department

5.0
  •  updated 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.

read more
  • Salary - Good
  • +5 more

Dislikes

Nothing one

see more salary related reviews
More about working at Tata AIG
  • HQ - Mumbai, Maharashtra, India
  • Insurance
  • 5k-10k Employees (India)
  • Financial Services

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
Aditya Birla Health Insurance Co ₹3.3 Lakhs to ₹5.0 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
Bajaj Allianz Life Insurance ₹2.5 Lakhs to ₹7.0 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 ₹2.7 Lakhs to ₹3.3 Lakhs per year
HDFC Life ₹2.0 Lakhs to ₹3.5 Lakhs per year
Axis Max Life Insurance ₹1.2 Lakhs to ₹3.5 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 by Location

  • Tata AIG Business Development Officer salaries in New Delhi
  • Tata AIG Business Development Officer salaries in Durgapur
  • Tata AIG Business Development Officer salaries in Aurangabad
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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 ₹unlock blur. Salary estimates are based on 5 Tata AIG latest salaries received from various employees of Tata AIG.

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Business Development Officer Salary in India
based on 7.3k salaries
₹1.8 L/yr - ₹7.2 L/yr
13% less than the average Business Development Officer Salary in India
View more details

Tata AIG Business Development Officer Reviews and Ratings

based on 2 reviews

4.4/5

Rating in categories

2.3

Skill development

2.9

Work-life balance

4.0

Salary

3.4

Job security

3.0

Company culture

2.0

Promotions

2.6

Work satisfaction

Explore 2 Reviews and Ratings
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Notice Period for Business Development Officer at Tata AIG

based on 1 response

15 days or less
100%
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