Edelweiss Life Insurance SDM Salaries by 4 Employees

3 - 20 years exp.

₹3.4 Lakhs - ₹4.5 Lakhs

Low Confidence

Salary of majority employees

Fixed (86%)

₹3.5 Lakhs

Variable (14%)

₹0.6 Lakh

52% less than the average SDM Salary in Insurance Companies for 3 - 20 years of experience

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Last Updated: 13 Oct 2024

Companies similar to Edelweiss Life Insurance for SDM

Company name	Avg Annual Salary	Open Jobs
HDFC Life SDM Salary 0 - 7 years exp. (302 salaries)	₹1.8 L/yr - ₹4 L/yr 21% less	1 job opening
IndusInd Bank SDM Salary 0 - 8 years exp. (178 salaries)	₹2 L/yr - ₹6 L/yr 9% more
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Amazon SDM Salary 8 - 22 years exp. (35 salaries)	₹40 L/yr - ₹1.3 Cr/yr 2264% more
HDFC Bank SDM Salary 0 - 7 years exp. (19 salaries)	₹1.8 L/yr - ₹4 L/yr 35% less
Cognizant SDM Salary 11 - 19 years exp. (19 salaries)	₹14 L/yr - ₹28 L/yr 468% more	1 job opening

SDM salary at Edelweiss Life Insurance ranges between ₹3.4 Lakhs to ₹4.5 Lakhs per year for employees with experience between 3 years to 20 years. Salary estimates are based on 4 latest salaries received from various employees of Edelweiss Life Insurance.

Experience wise Edelweiss Life Insurance SDM salaries

Last Updated: 13 Oct 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
10 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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15+ years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr

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Salary related reviews for Edelweiss Life Insurance

2.0

Rated by 1 employees for salary & benefits

Housekeeping Supervisor in Chennai

Full Time

Food, Beverage & Hospitality Department

2.0

• posted on 11 Sep 2023

3.0

for Salary and Benefits

Likes

function time there provide foods for all staff's

Skill development - Good

Dislikes

salary is very low. there didn't increase. 4 years am working but my salary 8000 only. thats why i resign my job. qm waiting more than 4 month for my pension .still there didn't provide my pension amount and experience amount....

Job security - Bad

+2 more

Branch Operation Executive in New Delhi

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 24 Aug 2023

2.0

for Salary and Benefits

Likes

...abt com. 1st Three hears was good, but after covid company behaving like weird. No hike No proposion No increment Branch counter guy sent for premium collection like recovery officer.

Skill development - Good

+1 more

Dislikes

No balance in professional n personal. No time limit. Hr's are just show piese for other than sales recruitment. Only sales oriented company, which is good for company but not for employees.

Salary - Poor

+3 more

Territory Manager in Tiruchirappalli

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 30 Dec 2022

5.0

for Salary and Benefits

Likes

On time salary. Friendly environment. Good office set up. Excellent customer service. Good ethics on all parameters.

Salary - Excellent

+5 more

Dislikes

No training and development on career point of views and work related training Updation

Process Analyst (working remotely)

Full Time

Risk Management & Compliance Department

3.0

• posted on 05 Aug 2024

2.0

for Salary and Benefits

Likes

Job Security Learning Work Life Balance Super Boss is Friendly Decent Infrastructure Timely Payment of Salary Awards and Recognition People Friendly HR Fun activities Manager allows to take leave Saturday and Sunday off

Skill development - Excellent

+2 more

Dislikes

Manager is strict No playing area Canteen is congested Loss Making company Growth is slow Limited Budget for innovations

Salary - Poor

+3 more

Branch Operation Executive in Varanasi

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 25 Jun 2020

3.0

for Salary and Benefits

Likes

There are supportive senior boss. In covid19 salary not break it's release every last day of month. All work perform work from home.

Promotions - Good

Dislikes

There are job role branch operations executive but still add some extra profile like calling to customer, collect renuwal like target based.

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a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Edelweiss Life Insurance SDM Salary FAQs

What is the salary of SDM at Edelweiss Life Insurance ?

The average salary of a SDM at Edelweiss Life Insurance in India typically ranges from ₹3.4 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 3 years to 20 years).

The top 10% of SDM at Edelweiss Life Insurance earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. SDM Salaries at Edelweiss Life 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 4 Edelweiss Life Insurance employees in India.

What is the estimated take home salary of a SDM at Edelweiss Life Insurance in India?

The estimated take-home salary of a SDM at Edelweiss Life Insurance in India typically ranges from ₹30,234 to ₹31,545 per month. This is based on the average salary range of ₹3.4 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 3 years to 20 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 4 salaries received from various employees of Edelweiss Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Edelweiss Life Insurance for SDM in India?

Amazon	₹40.0 Lakhs to ₹130.0 Lakhs per year
Cognizant	₹14.0 Lakhs to ₹28.0 Lakhs per year
IndusInd Bank	₹2.0 Lakhs to ₹6.0 Lakhs per year

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

What is the salary of a SDM in companies similar to Edelweiss Life Insurance in India?

The salary of a SDM at companies similar to Edelweiss Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Life	₹1.8 Lakhs to ₹4.0 Lakhs per year
HDFC Bank	₹1.8 Lakhs to ₹4.0 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 SDM at Edelweiss Life Insurance in India?

The salary growth for a SDM at Edelweiss Life Insurance depends on factors such as experience, performance, and promotions. On average, a SDM can expect the following growth trajectory at Edelweiss Life Insurance:

Experience	Average Salary Range
3 years	₹3.0 Lakhs to ₹3.9 Lakhs per year
10 years	₹4.1 Lakhs to ₹5.2 Lakhs per year
15 years	₹3.8 Lakhs to ₹4.9 Lakhs per year

and so on.

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Edelweiss Life Insurance SDM Salaries

Edelweiss Life Insurance SDM salary in India ranges between ₹3.4 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Edelweiss Life Insurance latest salaries received from various employees of Edelweiss Life Insurance.