SBI General Insurance Area Business Manager Salaries by 4 Employees

0 - 5 years exp.

₹8.3 Lakhs - ₹15 Lakhs

Low Confidence

Salary of majority employees

14% more than the average Area Business Manager Salary in Insurance Companies for 0 - 5 years of experience

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Last Updated: 16 Nov 2024

Companies similar to SBI General Insurance for Area Business Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Area Business Manager Salary 0 - 15 years exp. (281 salaries)	₹2.4 L/yr - ₹8.5 L/yr 49% less	2 job openings
Shriram Life Insurance Area Business Manager Salary 1 - 13 years exp. (7 salaries)	₹2.4 L/yr - ₹7.3 L/yr 54% less
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Reliance Nippon Life Insurance Area Business Manager Salary 1 - 12 years exp. (5 salaries)	₹2.4 L/yr - ₹6 L/yr 61% less
Tata AIA Life Insurance Area Business Manager Salary 3 - 16 years exp. (5 salaries)	₹4 L/yr - ₹6 L/yr 49% less
Kotak Mahindara Life Insurance Area Business Manager Salary 2 - 15 years exp. (5 salaries)	₹5.4 L/yr - ₹7.3 L/yr 41% less
Aditya Birla Sun Life Insurance Area Business Manager Salary 4 - 11 years exp. (4 salaries)	₹5.1 L/yr - ₹10 L/yr 24% less
Bajaj Allianz Life Insurance Area Business Manager Salary 6 - 12 years exp. (4 salaries)	₹3.2 L/yr - ₹10 L/yr 29% less
PNB MetLife Area Business Manager Salary 4 - 15 years exp. (3 salaries)	₹5.1 L/yr - ₹11 L/yr 22% less

Area Business Manager salary at SBI General Insurance ranges between ₹8.3 Lakhs to ₹15 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 4 latest salaries received from various employees of SBI General Insurance.

Experience wise SBI General Insurance Area Business Manager salaries

Last Updated: 16 Nov 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.6 L/yr
3 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr
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4 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
5 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr

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Salary related reviews for SBI General Insurance

Business Development Manager in Gorakhpur

Full Time

Business Development Department

2.0

• posted on 17 Sep 2022

2.0

for Salary and Benefits

Likes

Like you can say... Working with branch managers , can see yourself always professional . People will treat you like banker.

Job security - Good

Dislikes

No growth and promotion No good salary Not ethical practices followed. Your boss treat you like slave... Officially as per HR policy every Saturday is off... But you have to work on each Saturday as per your boss. Nothing to learn .

Salary - Poor

+4 more

Business Development Manager in Gorakhpur

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 29 Apr 2023

3.0

for Salary and Benefits

Likes

Salary on time. Banca channel target goes on auto mode if you have good relationship with managers.

Job security - Good

+1 more

Dislikes

Overloaded targets, terrible managers. Considering Insurance sectors, plenty of works in your working time.Unwanted VCs by senior that can disturb your work flow each day. Salary is very less compared to other companies.

Skill development - Bad

+2 more

Sales Manager in Gwalior

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 05 Jul 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.

Salary - Excellent

+6 more

Business Development Manager in Vijayawada

Full Time

Insurance Department

5.0

• posted on 07 Jun 2021

4.0

for Salary and Benefits

Likes

...agement 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 , incentives and bonus every year

Salary - Good

+6 more

Relationship Manager in Gulbarga

Customer Success, Service & Operations Department

5.0

• posted on 16 Mar 2022

4.0

for Salary and Benefits

Likes

It my pleasure to work with Reputed company like SBIG, As we grow old here we learn soo many things about banking as,it's very friendly atmosphere to work there .

Salary - Good

+5 more

Dislikes

Here we see lot of ups and downs and unhappy with Salary hike ,and Soo much off technical issues ....and when things start going gud tat time only company doo one or other changes..... that will impact soo much

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What people are saying about SBI General Insurance

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miraculouslemon

10h

works at

SBI General Insurance

Rejection profile by HR At shortlisted company.

Hii, I want to change the industry from BFSI to oil and and automobile. But Hr is not shortlisting me and if HR shortlist me than o don’t get shortlisted by concerned manager. even I have knowledge and work experience in particular industry. How can I crack this now.

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SBI General Insurance Area Business Manager Salary FAQs

What is the salary of Area Business Manager at SBI General Insurance ?

The average salary of a Area Business Manager at SBI General Insurance in India typically ranges from ₹8.3 Lakhs to ₹15.0 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Area Business Manager at SBI General Insurance earn more than ₹15.0 Lakhs per year, and the top 1% earn over ₹15.0 Lakhs per year. Area Business Manager Salaries at SBI General 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 SBI General Insurance employees in India.

What is the estimated take home salary of a Area Business Manager at SBI General Insurance in India?

The estimated take-home salary of a Area Business Manager at SBI General Insurance in India typically ranges from ₹75,171 to ₹77,116 per month. This is based on the average salary range of ₹8.3 Lakhs to ₹15.0 Lakhs per year for employees with experience ranging from Fresher to 5 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 SBI General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Area Business Manager in companies similar to SBI General Insurance in India?

The salary of a Area Business Manager at companies similar to SBI General Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

PNB MetLife	₹5.1 Lakhs to ₹11.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹5.1 Lakhs to ₹10.0 Lakhs per year
Bajaj Allianz Life Insurance	₹3.2 Lakhs to ₹10.0 Lakhs per year
Kotak Mahindara Life Insurance	₹5.4 Lakhs to ₹7.3 Lakhs per year
HDFC Life	₹2.4 Lakhs to ₹8.5 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 Area Business Manager at SBI General Insurance in India?

The salary growth for a Area Business Manager at SBI General Insurance depends on factors such as experience, performance, and promotions. On average, a Area Business Manager can expect the following growth trajectory at SBI General Insurance:

Experience	Average Salary Range
Fresher	₹7.5 Lakhs to ₹9.6 Lakhs per year
3 years	₹7.7 Lakhs to ₹9.8 Lakhs per year
4 years	₹9.0 Lakhs to ₹11.5 Lakhs per year
5 years	₹13.5 Lakhs to ₹17.2 Lakhs per year

and so on.

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SBI General Insurance Area Business Manager Salaries

SBI General Insurance Area Business Manager salary in India ranges between ₹8.3 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 SBI General Insurance latest salaries received from various employees of SBI General Insurance.

SBI General Insurance Area Business Manager salaries in India

Companies similar to SBI General Insurance for Area Business Manager

Latest annual salaries shared by SBI General Insurance Area Business Manager

Experience wise SBI General Insurance Area Business Manager salaries

Similar Designation salaries in SBI General Insurance

Salary related reviews for SBI General Insurance

Business Development Manager in Gorakhpur

Business Development Manager in Gorakhpur

Sales Manager in Gwalior

Business Development Manager in Vijayawada

Relationship Manager in Gulbarga

SBI General Insurance Area Business Manager Salary FAQs

Tell us how to improve this page.