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SBI Life Insurance Company Salaries in India

based on 11.1k latest salaries
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BFSI, Investments & Trading Sales & Business Development Customer Success, Service & Operations Marketing & Communication + 6 more
Designation Avg Annual Salary Open Jobs

Business Development Manager

0 - 13 years exp. (765 salaries)
4.7 Lakhs

(₹2 L/yr - ₹7 L/yr)

Senior Associate

0 - 11 years exp. (537 salaries)
4.1 Lakhs

(₹2 L/yr - ₹6.8 L/yr)

Senior Business Development Executive

0 - 10 years exp. (473 salaries)
4.1 Lakhs

(₹2.2 L/yr - ₹5.5 L/yr)

Senior Business Development Manager

4 - 13 years exp. (247 salaries)
5.7 Lakhs

(₹3 L/yr - ₹8.5 L/yr)

Starting your career? Discover SBI Life Insurance Company fresher salaries in India

Area Manager

6 - 17 years exp. (247 salaries)
8.7 Lakhs

(₹5 L/yr - ₹13.5 L/yr)

1 job opening

Agency Manager

0 - 12 years exp. (240 salaries)
3.9 Lakhs

(₹2.8 L/yr - ₹5.1 L/yr)

Branch Manager

7 - 24 years exp. (183 salaries)
10.5 Lakhs

(₹4.8 L/yr - ₹15 L/yr)

BDM

2 - 11 years exp. (180 salaries)
4.7 Lakhs

(₹1.9 L/yr - ₹6.5 L/yr)

Sr. BDE

2 - 10 years exp. (175 salaries)
4.1 Lakhs

(₹3 L/yr - ₹5 L/yr)

Business Development Executive

0 - 7 years exp. (170 salaries)
3.3 Lakhs

(₹2 L/yr - ₹4.5 L/yr)

1 job opening

Senior Agency Manager

3 - 13 years exp. (166 salaries)
4.4 Lakhs

(₹3.4 L/yr - ₹5.3 L/yr)

Insurance Adviser

0 - 5 years exp. (164 salaries)
2.8 Lakhs

(₹0.9 L/yr - ₹5.5 L/yr)

Sr BDM

5 - 13 years exp. (162 salaries)
5.5 Lakhs

(₹3 L/yr - ₹8.2 L/yr)

Unit Manager

0 - 10 years exp. (152 salaries)
2.9 Lakhs

(₹2 L/yr - ₹4.5 L/yr)

Senior Area Manager

11 - 21 years exp. (134 salaries)
13.5 Lakhs

(₹9 L/yr - ₹20 L/yr)

Associate Vice President

11 - 20 years exp. (132 salaries)
21.1 Lakhs

(₹10 L/yr - ₹29 L/yr)

Operations Associate

0 - 6 years exp. (111 salaries)
2.9 Lakhs

(₹1.4 L/yr - ₹4.5 L/yr)

Territory Manager

4 - 18 years exp. (104 salaries)
5.5 Lakhs

(₹4 L/yr - ₹7.1 L/yr)

Sales Officer

0 - 6 years exp. (99 salaries)
2.8 Lakhs

(₹1.8 L/yr - ₹3.8 L/yr)

Senior Associate Operations

4 - 10 years exp. (82 salaries)
3.6 Lakhs

(₹2.4 L/yr - ₹5 L/yr)

Last Updated: 11 Sep, 2024

Salary related reviews for SBI Life Insurance Company

3.6 Rated by 3.4k employees for salary and benefits

Sales Support Associate in Kishanganj

Full Time

 · 

BFSI, Investments & Trading Department

3.0
posted on 17 Jan 2024

1.0 for Salary and Benefits

Likes

Even though the salary in this company is very less as per the work, the salary is paid on time.

read more

Dislikes

In today's times, it is important to work to support my family properly, hence I give my 100% to this company so that someday my salary will increase but after working for more than 1 year, I am realizing that It is very difficult to move forward, here we have to work till late night due to which we are not able to give time to our family, and even after doing so much work, we get very low salary so that I cannot support my family properly. I don't know how to do it, even after working for more than 14 hours every day, I don't get any bonus also.

read more

Development Manager in Jhargram

Full Time

 · 

BFSI, Investments & Trading Department

2.0
posted on 18 Oct 2023

1.0 for Salary and Benefits

Likes

...R profile like a puppet.Every single decesion are managed by higher authorities. No work and life balance, salary are on time but no increment very pathetic salary structure. No self respect. No work time. No emotion . Daily pressure. Vary vary bad 😭

read more

Dislikes

Every thing Accept salary on time

Development Manager in Kolhapur

Full Time

 · 

Sales & Business Development Department

3.0
posted on 23 Mar 2024

2.0 for Salary and Benefits

Likes

SBI LIFE company one of d best Lerner and advance business development company. I learnt about recruitment, business development, product knowledge, proper training, market identification, prospect screening everything... This base given me stronger now make my leadership skills, culture is very good, supportive operation staff, digital marketing services also digital payment security is one of d best function. I like learning, build relationships with my team, products and culture.

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Dislikes

It's issue about low salary, holiday weekend not allowed, some seniors behaviour very rude and harrasment. Company HR not responded after leaving job, some manager HR not understanding what is situation about employee. Very badly speak in front of our team, ts hurt.

read more

Operations Officer in Dehradun

Full Time

 · 

Customer Success, Service & Operations Department

1.0
posted on 08 Jul 2023

1.0 for Salary and Benefits

Likes

Salary is credited on time. Office ambience is good

Dislikes

There is no work life balance in the company. There is huge salary gap in sales and operations. Work load is unevenly distributed between male and female employees. There is overtime on regular basis and male employees are forced to work overtime and times cooercive language is used. KRA is not properly set and you don't know on which basis you will be rated. Reporting manager is free to use any misappropriate language and HR manager completely support any misdeeds of managers and does every best to supress your complaint.

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Agency Manager in Hyderabad / Secunderabad

Full Time

 · 

Sales & Business Development Department

1.0
posted on 27 Jun 2023

1.0 for Salary and Benefits

Likes

Good organisation for learning Training provide by that organisation is very good Customer service is nice Chain of branch is very good..

read more

Dislikes

...ale without competition Senior manager always gives pressure to unit manager.. They earn 6 digit salary and lower staff salary is only 20k... promote product Boucher to investment own money...mea If you join that organisation get ready for so much pressure with low salary

read more
see more salary related reviews

SBI Life Insurance Company Salary FAQs

How much does SBI Life Insurance Company pay per year?
The average SBI Life Insurance Company salary ranges from approximately ₹0.9 Lakhs per year for a Banking Assistant to ₹73.2 Lakhs per year for a Senior Vice President. Salary estimates are based on 11.1k SBI Life Insurance Company salaries received from various employees of SBI Life Insurance Company. SBI Life Insurance Company employees rate the overall salary and benefits package 3.6/5 stars.
What is the highest salary in SBI Life Insurance Company?
The highest-paying job at SBI Life Insurance Company is a Senior Vice President with a salary of ₹73.2 Lakhs per year. The top 10% of employees earn more than ₹12.10 lakhs per year. The top 1% earn more than a whopping ₹34.52 lakhs per year.
What is the minimum salary in SBI Life Insurance Company?
Minimum salary at SBI Life Insurance Company depends on the role you are applying for. For Associate the minimum salary is ₹2.5 Lakhs per year, for Development Manager the minimum salary is ₹3.1 Lakhs per year and so on.
What is the salary package for freshers in SBI Life Insurance Company?
The average salary at SBI Life Insurance Company for freshers varies from ₹1.4 Lakhs per year for Telecaller to ₹8.0 Lakhs per year for Assistant Manager.
What is the notice period at SBI Life Insurance Company?
According to AmbitionBox, 36% of the SBI Life Insurance Company employees reported a notice period of 1 Month, 23% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 11.6k responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Average annual salary in SBI Life Insurance Company is INR 6.6 lakhs . Salary estimates are based on 11.1k SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.