SBI General Insurance Senior Sales Manager Salaries by 10+ Employees

3 - 11 years exp.

₹4.4 Lakhs - ₹6.2 Lakhs

Salary of majority employees

47% less than the average Senior Sales Manager Salary in Insurance Companies for 3 - 11 years of experience

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Salaries in different departments

Sales & Business Development Senior Sales Manager Salary 4 - 10 years exp. (8 salaries)	₹4.4 L/yr - ₹6.2 L/yr
Marketing & Communication Senior Sales Manager Salary 3 - 5 years exp. (3 salaries)	₹4.5 L/yr - ₹5.6 L/yr
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BFSI, Investments & Trading Senior Sales Manager Salary 10 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr

Last Updated: 4 Dec 2024

Companies similar to SBI General Insurance for Senior Sales Manager

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Health Insurance Co Senior Sales Manager Salary 2 - 10 years exp. (296 salaries)	₹3.4 L/yr - ₹6.3 L/yr 12% less
Bajaj Allianz Life Insurance Senior Sales Manager Salary 0 - 8 years exp. (157 salaries)	₹2.4 L/yr - ₹4.5 L/yr 43% less	7 job openings
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HDFC Life Senior Sales Manager Salary 4 - 14 years exp. (137 salaries)	₹2.3 L/yr - ₹8.5 L/yr 14% more	2 job openings
Aditya Birla Sun Life Insurance Senior Sales Manager Salary 0 - 12 years exp. (76 salaries)	₹2 L/yr - ₹10.7 L/yr 6% more
Kotak Mahindara Life Insurance Senior Sales Manager Salary 1 - 11 years exp. (64 salaries)	₹3 L/yr - ₹6.8 L/yr 11% less
PNB MetLife Senior Sales Manager Salary 2 - 12 years exp. (63 salaries)	₹3 L/yr - ₹5.7 L/yr 20% less
Star Health & Allied Insurance Senior Sales Manager Salary 5 - 15 years exp. (61 salaries)	₹2.9 L/yr - ₹12.5 L/yr 35% more
Reliance Nippon Life Insurance Senior Sales Manager Salary 1 - 9 years exp. (56 salaries)	₹2.3 L/yr - ₹5 L/yr 42% less
Aviva Life Insurance India Senior Sales Manager Salary 3 - 15 years exp. (49 salaries)	₹3.5 L/yr - ₹6.8 L/yr 13% less
ICICI Prudential Life Insurance Senior Sales Manager Salary 0 - 10 years exp. (33 salaries)	₹3.3 L/yr - ₹8.1 L/yr 22% less
Tata AIA Life Insurance Senior Sales Manager Salary 4 - 11 years exp. (30 salaries)	₹3.5 L/yr - ₹9 L/yr 11% more
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Axis Max Life Insurance Senior Sales Manager Salary 5 - 13 years exp. (17 salaries)	₹4.4 L/yr - ₹7.5 L/yr At par
Cholamandalam MS General Insurance Senior Sales Manager Salary 1 - 8 years exp. (13 salaries)	₹3.5 L/yr - ₹5.6 L/yr 22% less
Shriram Life Insurance Senior Sales Manager Salary 2 - 16 years exp. (7 salaries)	₹2.5 L/yr - ₹8 L/yr 12% less
Star Union Dai-ichi Life Insurance Senior Sales Manager Salary 3 - 10 years exp. (6 salaries)	₹3 L/yr - ₹5.5 L/yr 25% less
Magma HDI General Insurance Senior Sales Manager Salary 8 - 10 years exp. (5 salaries)	₹4 L/yr - ₹6.2 L/yr 11% less
MetLife Senior Sales Manager Salary 3 - 7 years exp. (4 salaries)	₹2 L/yr - ₹4.5 L/yr 36% less
SBI Life Insurance Company Senior Sales Manager Salary 9 - 16 years exp. (4 salaries)	₹3.4 L/yr - ₹4.5 L/yr 24% less
ManipalCigna Health Insurance Senior Sales Manager Salary 7 - 10 years exp. (4 salaries)	₹3.8 L/yr - ₹4.4 L/yr 30% less
Royal Sundaram General Insurance Senior Sales Manager Salary 6 - 10 years exp. (3 salaries)	₹3.8 L/yr - ₹5.6 L/yr 20% less

Senior Sales Manager salary at SBI General Insurance ranges between ₹4.4 Lakhs to ₹6.2 Lakhs per year for employees with experience between 3 years to 11 years. Salary estimates are based on 14 latest salaries received from various employees of SBI General Insurance.

Experience wise SBI General Insurance Senior Sales Manager salaries

Last Updated: 4 Dec 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹10.1 L/yr
4 years (4 salaries)	₹4.8 L/yr - ₹6 L/yr
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5 years (4 salaries)	₹4.8 L/yr - ₹6 L/yr
6 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
7 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6.2 L/yr
8 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹9.9 L/yr
9 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
10 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹9.8 L/yr
11 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹9.8 L/yr

View all

Similar Designation salaries in SBI General Insurance

Zonal Sales Manager Salary

(4 salaries)

₹23 L/yr - ₹33 L/yr

Territory Sales Manager Salary

(51 salaries)

₹3.95 L/yr - ₹10.8 L/yr

Area Sales Manager Salary

(90 salaries)

₹7.5 L/yr - ₹22 L/yr

Regional Manager Salary

(5 salaries)

₹14.2 L/yr - ₹25 L/yr

Sales Manager Salary

(19 salaries)

₹2 L/yr - ₹6.22 L/yr

Assistant Sales Manager Salary

(7 salaries)

₹4.5 L/yr - ₹7.85 L/yr

Store Manager Salary

(4 salaries)

₹6.7 L/yr - ₹26 L/yr

Senior Sales Executive Salary

(4 salaries)

₹4.4 L/yr - ₹6 L/yr

Branch Manager Salary

(7 salaries)

₹6.5 L/yr - ₹10.5 L/yr

Area Manager Salary

(6 salaries)

₹8.98 L/yr - ₹15.2 L/yr

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

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

Job security - Good

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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

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Business Development Manager in Gorakhpur

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3.0

• posted on 29 Apr 2023

3.0

for Salary and Benefits

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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

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Business Development Manager in Vijayawada

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5.0

• posted on 07 Jun 2021

4.0

for Salary and Benefits

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...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

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Relationship Manager in Gulbarga

Customer Success, Service & Operations Department

5.0

• posted on 16 Mar 2022

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for Salary and Benefits

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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 .

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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SBI General Insurance Senior Sales Manager Salary FAQs

What is the salary of Senior Sales Manager at SBI General Insurance ?

The average salary of a Senior Sales Manager at SBI General Insurance in India typically ranges from ₹4.4 Lakhs to ₹6.2 Lakhs per year, depending on experience (from 3 years to 11 years).

The top 10% of Senior Sales Manager at SBI General Insurance earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.2 Lakhs per year. Senior Sales 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 10+ SBI General Insurance employees in India.

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

The estimated take-home salary of a Senior Sales Manager at SBI General Insurance in India typically ranges from ₹41,461 to ₹42,605 per month. This is based on the average salary range of ₹4.4 Lakhs to ₹6.2 Lakhs per year for employees with experience ranging from 3 years to 11 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 10+ 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 Senior Sales Manager in India?

Star Health & Allied Insurance	₹2.9 Lakhs to ₹12.5 Lakhs per year
HDFC Life	₹2.3 Lakhs to ₹8.5 Lakhs per year
Tata AIA Life Insurance	₹3.5 Lakhs to ₹9.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹2.0 Lakhs to ₹10.7 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 Senior Sales Manager in companies similar to SBI General Insurance in India?

The salary of a Senior Sales 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:

Axis Max Life Insurance	₹4.4 Lakhs to ₹7.5 Lakhs per year
Magma HDI General Insurance	₹4.0 Lakhs to ₹6.2 Lakhs per year
Kotak Mahindara Life Insurance	₹3.0 Lakhs to ₹6.8 Lakhs per year
Shriram Life Insurance	₹2.5 Lakhs to ₹8.0 Lakhs per year
Aditya Birla Health Insurance Co	₹3.4 Lakhs to ₹6.3 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 Senior Sales Manager at SBI General Insurance in India?

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

Experience	Average Salary Range
3 years	₹4.5 Lakhs to ₹10.1 Lakhs per year
4 years	₹4.8 Lakhs to ₹6.0 Lakhs per year
5 years	₹4.8 Lakhs to ₹6.0 Lakhs per year
6 years	₹5.0 Lakhs to ₹6.4 Lakhs per year

and so on.

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SBI General Insurance Senior Sales Manager Salaries

SBI General Insurance Senior Sales Manager salary in India ranges between ₹4.4 Lakhs to ₹6.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 SBI General Insurance latest salaries received from various employees of SBI General Insurance.