The Hanover Insurance Group Business Development Manager Salary | Comparably
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The Hanover Insurance Group Business Development Manager Salary

The average The Hanover Insurance Group Business Development Manager earns an estimated $144,461 annually, which includes an estimated base salary of $106,961 with a $37,500 bonus. The Hanover Insurance Group's Business Development Manager compensation is $12,320 more than the US average for a Business Development Manager. Business Development Manager salaries at The Hanover Insurance Group can range from $89,000 - $200,000.

The Business Development Department at The Hanover Insurance Group earns $11,170 more on average than the Customer Support Department.

Last updated 10 months ago.

$30k
$55k
$80k
$105k
$22.22M
$144,461
Average Compensation
$106,961
avg. base
$37,500
avg. bonus

Business Development Manager Salaries at The Hanover Insurance Group

Business Development Managers earn $15,505 more than Business Development Managers, and $30,006 less than Directors of Business Development.

Director of Business Development
$174k*
Business Development Manager
$129k*
Account Manager
$108k*
Account Executive
$98k*
* estimated salary

Compensation at The Hanover Insurance Group by Department

The Business Development Department averages $11,170 more than the Customer Support Department, and $1,254 less than the Marketing Department

Marketing
$83,416 Avg. total comp.
+$1k
Business Development
$82,162 Avg. total comp.
Customer Support
$70,992 Avg. total comp.
-$11k

Business Development Manager Compensation by Gender (All Companies)

The average female Business Development Manager at companies similar size to The Hanover Insurance Group reported making $145,609, while the average male Business Development Manager at similar sized companies reported making $146,331.

Business Development Manager Compensation by Ethnicity (All Companies)

The average Asian or Pacific Islander Business Development Manager at companies similar size to The Hanover Insurance Group reported making $164,200, while the average Native American Business Development Manager at similar sized companies reported making $48,888.

How Business Development Managers at The Hanover Insurance Group Rate Their Compensation

The majority of Business Development Managers at The Hanover Insurance Group believe they're not compensated fairly. The vast majority (74%) of Business Development Managers at The Hanover Insurance Group are satisfied with their benefits. See more compensation ratings at The Hanover Insurance Group

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