SBI General Insurance Key Account Manager Salaries by 20+ Employees (Updated 2025)

0 - 6 years exp.

₹6 Lakhs - ₹13.8 Lakhs

Salary of majority employees

Fixed (88%)

₹8 Lakhs

Variable (12%)

₹1.2 Lakh

At par with the average Key Account Manager Salary in Insurance Companies for 0 - 6 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading Key Account Manager Salary 0 - 6 years exp. (12 salaries)	₹8 L/yr - ₹13.8 L/yr
Sales & Business Development Key Account Manager Salary 1 - 4 years exp. (5 salaries)	₹8 L/yr - ₹9.3 L/yr
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Marketing & Communication Key Account Manager Salary 1 - 6 years exp. (4 salaries)	₹6 L/yr - ₹9.6 L/yr

Last Updated: 19 Jan 2025

Companies similar to SBI General Insurance for Key Account Manager

Company name	Avg Annual Salary	Open Jobs
Tata AIA Life Insurance Key Account Manager Salary 0 - 9 years exp. (386 salaries)	₹2.3 L/yr - ₹6 L/yr 54% less	75 job openings
ICICI Prudential Life Insurance Key Account Manager Salary 0 - 7 years exp. (136 salaries)	₹4.5 L/yr - ₹16.8 L/yr 10% more
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HDFC Life Key Account Manager Salary 1 - 12 years exp. (135 salaries)	₹6 L/yr - ₹20 L/yr 25% more
SBI Life Insurance Company Key Account Manager Salary 1 - 16 years exp. (32 salaries)	₹6 L/yr - ₹14 L/yr At par
Cholamandalam MS General Insurance Key Account Manager Salary 14 - 22 years exp. (19 salaries)	₹9 L/yr - ₹24.5 L/yr 100% more
ManipalCigna Health Insurance Key Account Manager Salary 1 - 18 years exp. (18 salaries)	₹6 L/yr - ₹19.3 L/yr 53% more
Bajaj Allianz Life Insurance Key Account Manager Salary 2 - 8 years exp. (15 salaries)	₹8.4 L/yr - ₹25.2 L/yr 56% more
Magma HDI General Insurance Key Account Manager Salary 5 - 16 years exp. (7 salaries)	₹8.8 L/yr - ₹32 L/yr 108% more
Aviva Life Insurance India Key Account Manager Salary 12 - 20 years exp. (4 salaries)	₹4 L/yr - ₹10.5 L/yr 19% less
Axis Max Life Insurance Key Account Manager Salary 1 - 10 years exp. (5 salaries)	₹3.5 L/yr - ₹12.9 L/yr 17% less
Kotak Mahindara Life Insurance Key Account Manager Salary 1 - 8 years exp. (5 salaries)	₹7.2 L/yr - ₹12 L/yr 14% less
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Shriram Life Insurance Key Account Manager Salary 3 - 7 years exp. (4 salaries)	₹8.5 L/yr - ₹21 L/yr 67% more
Aditya Birla Sun Life Insurance Key Account Manager Salary 0 - 5 years exp. (4 salaries)	₹3.2 L/yr - ₹6.3 L/yr 34% less
Aditya Birla Health Insurance Co Key Account Manager Salary 5 - 9 years exp. (4 salaries)	₹5 L/yr - ₹6 L/yr 42% less
Star Union Dai-ichi Life Insurance Key Account Manager Salary 1 - 4 years exp. (4 salaries)	₹11.9 L/yr - ₹15 L/yr 47% more
PNB MetLife Key Account Manager Salary 7 - 8 years exp. (4 salaries)	₹13 L/yr - ₹13.2 L/yr 43% more
Star Health & Allied Insurance Key Account Manager Salary 5 - 9 years exp. (4 salaries)	₹7 L/yr - ₹13 L/yr 15% more

Key Account Manager salary at SBI General Insurance ranges between ₹6 Lakhs to ₹13.8 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 26 latest salaries received from various employees of SBI General Insurance.

Experience wise SBI General Insurance Key Account Manager salaries

Last Updated: 19 Jan 2025

Experience	Avg Annual Salary
Fresher (3 salaries)	₹8.4 L/yr - ₹8.9 L/yr
1 year (10 salaries)	₹6 L/yr - ₹10 L/yr
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2 years (5 salaries)	₹8 L/yr - ₹12.5 L/yr
3 years (3 salaries)	₹9 L/yr - ₹13.8 L/yr
4 years (3 salaries)	₹9.3 L/yr - ₹9.8 L/yr
5 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.8 L/yr
6 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹9.6 L/yr

View all

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Salary related reviews for SBI General Insurance

5.0

Rated by 2 employees for salary & benefits

Business Development Specialist in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 04 Oct 2024

1.0

for Salary and Benefits

Likes

Nothing...

Dislikes

No work culture, No work life balance, No salary structure, Unnecessary salary deduction with no reason, No HR policies, No support Overall useless and worthless company, can lead to mental issues and health issues if worked here... Do not join..

Salary - Bad

+6 more

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

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SBI General Insurance Key Account Manager Salary FAQs

What is the salary of Key Account Manager at SBI General Insurance ?

The average salary of a Key Account Manager at SBI General Insurance in India typically ranges from ₹6.0 Lakhs to ₹13.8 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Key Account Manager at SBI General Insurance earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹13.8 Lakhs per year. Key Account 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 20+ SBI General Insurance employees in India.

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

The estimated take-home salary of a Key Account Manager at SBI General Insurance in India typically ranges from ₹66,609 to ₹68,313 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹13.8 Lakhs per year for employees with experience ranging from Fresher to 6 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 20+ salaries received from various employees of SBI General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than SBI General Insurance for Key Account Manager in India?

Magma HDI General Insurance	₹8.8 Lakhs to ₹32.0 Lakhs per year
Cholamandalam MS General Insurance	₹9.0 Lakhs to ₹24.5 Lakhs per year
Shriram Life Insurance	₹8.5 Lakhs to ₹21.0 Lakhs per year
Bajaj Allianz Life Insurance	₹8.4 Lakhs to ₹25.2 Lakhs per year
ManipalCigna Health Insurance	₹6.0 Lakhs to ₹19.3 Lakhs per year

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

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

The salary of a Key Account 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:

Star Union Dai-ichi Life Insurance	₹11.9 Lakhs to ₹15.0 Lakhs per year
PNB MetLife	₹13.0 Lakhs to ₹13.2 Lakhs per year
HDFC Life	₹6.0 Lakhs to ₹20.0 Lakhs per year
Star Health & Allied Insurance	₹7.0 Lakhs to ₹13.0 Lakhs per year
ICICI Prudential Life Insurance	₹4.5 Lakhs to ₹16.8 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 Key Account Manager at SBI General Insurance in India?

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

Experience	Average Salary Range
Fresher	₹8.4 Lakhs to ₹8.9 Lakhs per year
1 year	₹6.0 Lakhs to ₹10.0 Lakhs per year
2 years	₹8.0 Lakhs to ₹12.5 Lakhs per year
3 years	₹9.0 Lakhs to ₹13.8 Lakhs per year

and so on.

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SBI General Insurance Key Account Manager Salaries

SBI General Insurance Key Account Manager salary in India ranges between ₹6 Lakhs to ₹13.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 26 SBI General Insurance latest salaries received from various employees of SBI General Insurance.