How Much Does a New Business Development Specialist Make?

Updated March 26, 2024

Individually reported data submitted by users of our website

Low Confidence
$107,816/yr
Average Base Pay
Low $94,860
Average $107,816
High $120,962
The average salary for New Business Development Specialist is $107,816 per year in the United States.

Related Job Titles to New Business Development Specialist

New Business Development
$327,185
US
Per Year
New Business Specialist
$45,898
US
Per Year
New Business Development Manager
$140,832
US
Per Year
Director Of New Business Development
$203,663
US
Per Year

Similar Job Salaries to New Business Development Specialist by Company

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Company average base salary in (usd) range
Sammons Financial Group
Annuity New Business Specialist
$44,412/yr
$38,765
$50,060
RANGE: $38,765 - $50,060
Sammons Financial Group Companies
Annuity New Business Specialist
$81,756/yr
$69,861
$93,651
RANGE: $69,861 - $93,651
SILAC Insurance Company
New Business Specialist
$26,590/yr
$23,022
$30,158
RANGE: $23,022 - $30,158
Pacific Guardian Life
New Business Administrative Specialist
$49,847/yr
$43,493
$56,201
RANGE: $43,493 - $56,201
Physicians Mutual
Imaging Specialist New Business
$56,185/yr
$49,032
$63,337
RANGE: $49,032 - $63,337
Pacific Guardian Life Insurance
New Business Administrative Specialist
$74,868/yr
$65,768
$83,968
RANGE: $65,768 - $83,968
AllStar Staffing Group
New Business Intake Specialist
$87,266/yr
$73,698
$100,834
RANGE: $73,698 - $100,834
IGOE & COMPANY INCORPORATED
New Business Support Specialist
$98,674/yr
$87,569
$109,779
RANGE: $87,569 - $109,779
WealthVest
Operations - New Business Specialist
$55,224/yr
$49,773
$60,675
RANGE: $49,773 - $60,675
EquiTrust
New Business Senior Specialist
$55,387/yr
$47,957
$62,817
RANGE: $47,957 - $62,817

What Does a New Business Development Specialist Do?

The core duties for a Business Development Specialist are to identify, evaluate and design plans that help an organization grow as well as develop new products, services and lines of businesses to increase and sustain that growth.
Updated December 22, 2021
As a Business Development Specialist, you will help drive the growth of platform, services, and solutions.
Updated December 17, 2021
If you are thinking of becoming a Business Development Specialist or planning the next step in your career, find details about.
Updated December 17, 2021
Your role will be to seek new business opportunities by contacting and developing relationships with potential customers.
Updated December 11, 2021
In order to have an understanding of how a brand can be positioned in a certain industry, the Business Development Specialist must conduct extensive market research.
Updated December 09, 2021

Frequently Asked Questions About a New Business Development Specialist Salaries

What is the average of a New Business Development Specialist in the United States?

The New Business Development Specialist salary range is from $94,860 to $120,962, and the average New Business Development Specialist salary is $107,816/year in the United States. The New Business Development Specialist's salary will change in different locations.

Which location pays the highest New Business Development Specialist salary in the United States?

The New Business Development Specialist salary in San Jose, CA is $135,310 which is the highest in the US.

What kinds of reasons will influence the New Business Development Specialist's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of New Business Development Specialist.

What is the growth rate of the New Business Development Specialist's salary?

If you are thinking of becoming a New Business Development Specialist or planning the next step in your career, find the detailed salary report of a New Business Development Specialist.

Recent Salary Report

Below are the most recent New Business Development Specialist salary reports. Employer name has been removed to protect anonymity.

$46 Hourly
A New Business Development Specialist in Cary, NC reported making $46 per hour
Cary, NC
3,000 - 7,6 employees
Part-Time
Company - Public
$98,819 Yearly
A New Business Development Specialist in Elgin, IL reported making $98,819 per year
Elgin, IL
6 - 1,000 employees
Full-Time
Company - Private
$102,778 Yearly
A New Business Development Specialist in Oceanside, CA reported making $102,778 per year
Oceanside, CA
100 - 200 employees
Full-Time
Company - Private
$8,835 Monthly
A New Business Development Specialist in East Orange, NJ reported making $8,835 per month
East Orange, NJ
1,000 - 3,000 employees
Full-Time
Company - Public
$92,341 Yearly
A New Business Development Specialist in Newark, OH reported making $92,341 per year
Newark, OH
200 - 6 employees
Full-Time
Company - Private
$63 Hourly
A New Business Development Specialist in Salt Lake City, UT reported making $63 per hour
Salt Lake City, UT
7,6 - 15,000 employees
Part-Time
Company - Public