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SBI Life Insurance Company Administrator salaries in India (Updated 2025)

Annual salary range
10 - 20 years exp.
₹7.5 Lakhs - ₹8.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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Fixed (80%)
₹6.4 Lakhs
Variable (20%)
₹1.6 Lakh
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66% more than the average Administrator Salary in Insurance Companies for 10 - 20 years of experience

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Last Updated: 13 Feb 2025

Companies similar to SBI Life Insurance Company for Administrator

Company name Avg Annual Salary Open Jobs
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₹1.2 L/yr - ₹3.1 L/yr

arrow icon 68% less
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₹1.3 L/yr - ₹3 L/yr

arrow icon 71% less
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₹2 L/yr - ₹2.1 L/yr

arrow icon 74% less
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₹1.5 L/yr - ₹2.5 L/yr

arrow icon 75% less
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Tata AIA Life Insurance Administrator Salary

1 - 4 years exp. (4 salaries)

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₹1.2 L/yr - ₹2.4 L/yr

arrow icon 80% less
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₹1.1 L/yr - ₹7 L/yr

arrow icon 57% less
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Shriram Life Insurance Administrator Salary

2 - 4 years exp. (3 salaries)

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₹1 L/yr - ₹3 L/yr

arrow icon 79% less
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₹1.7 L/yr - ₹3 L/yr

arrow icon 68% less
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₹1.6 L/yr - ₹5.2 L/yr

arrow icon 53% less
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₹1.7 L/yr - ₹3.7 L/yr

arrow icon 69% less
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₹1.4 L/yr - ₹10 L/yr

arrow icon 47% less
Administrator salary at SBI Life Insurance Company ranges between ₹7.5 Lakhs to ₹8.5 Lakhs per year for employees with experience between 10 years to 20 years. Salary estimates are based on 4 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Administrator

3d ago
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11 years exp.
7mo ago
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10 years exp.
1y ago
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20 years exp.
1y ago
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19 years exp.

Experience wise SBI Life Insurance Company Administrator salaries

Last Updated: 13 Feb 2025

Experience Avg Annual Salary
10 years (AmbitionBox Estimate)

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₹7.5 L/yr - ₹7.5 L/yr
11 years (AmbitionBox Estimate)

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₹7.5 L/yr - ₹13.6 L/yr
12 years (AmbitionBox Estimate)

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₹6.9 L/yr - ₹8.8 L/yr
13 years (AmbitionBox Estimate)

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₹7 L/yr - ₹8.9 L/yr
14 years (AmbitionBox Estimate)

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₹7.1 L/yr - ₹9.1 L/yr
View all

Similar Designation salaries in SBI Life Insurance Company

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₹1 L/yr - ₹8 L/yr
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₹2.5 L/yr - ₹3.8 L/yr
Administration Staff Salary
(AmbitionBox Estimate)
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₹1.6 L/yr - ₹2.1 L/yr
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₹8.2 L/yr - ₹12.1 L/yr
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₹1.2 L/yr - ₹3.5 L/yr
Accountant Salary
(5 salaries)
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₹6.22 L/yr - ₹10 L/yr
Supervisor Salary
(3 salaries)
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₹3 L/yr - ₹4 L/yr
Office Manager Salary
(AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr
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₹1.32 L/yr - ₹3 L/yr
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₹1.2 L/yr - ₹2.2 L/yr

Salary related reviews for SBI Life Insurance Company

Full Time

 · 

Marketing & Communication Department

5.0
  •  posted on 30 Jan 2025

2.0
 for  Salary and Benefits

Likes

Very good policy, good Behaviour from all senior Management.

  • Skill development - Good
  • +3 more

Dislikes

I am working from last 8 year but my salary is very low. If someone working is in other companies and they switched from there to here they are getting good CTC. If you are working in good location and if your assign branch and branch manager is good so you can get promotion but if you not working in good location or your assign branch is not good it's very deficit to get promotion.

read more
  • Salary - Poor

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
  • Salary - Bad
  • +4 more

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
  • Job security - Good
  • +1 more

Dislikes

Every thing Accept salary on time

  • Salary - Bad
  • +4 more

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.

read more
  • Skill development - Good
  • +2 more

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
  • Salary - Poor

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.

read more
  • Salary - Bad
  • +6 more
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SBI Life Insurance Company Administrator Salary FAQs

What is the salary of Administrator at SBI Life Insurance Company ?
The average salary of a Administrator at SBI Life Insurance Company in India typically ranges from ₹7.5 Lakhs to ₹8.5 Lakhs per year, depending on experience (from 10 years to 20 years).

The top 10% of Administrator at SBI Life Insurance Company earn more than ₹8.5 Lakhs per year, and the top 1% earn over ₹8.5 Lakhs per year. Administrator Salaries at SBI Life Insurance Company 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 Life Insurance Company employees in India.
What is the estimated take home salary of a Administrator at SBI Life Insurance Company in India?
The estimated take-home salary of a Administrator at SBI Life Insurance Company in India typically ranges from ₹59,020 to ₹60,509 per month. This is based on the average salary range of ₹7.5 Lakhs to ₹8.5 Lakhs per year for employees with experience ranging from 10 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 SBI Life Insurance Company. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Administrator in companies similar to SBI Life Insurance Company in India?
The salary of a Administrator at companies similar to SBI Life Insurance Company in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

United India Insurance Company ₹1.4 Lakhs to ₹10.0 Lakhs per year
ICICI Lombard General Insurance Company ₹1.6 Lakhs to ₹5.2 Lakhs per year
Aditya Birla Sun Life Insurance ₹1.1 Lakhs to ₹7.0 Lakhs per year
Kotak Mahindara Life Insurance ₹1.2 Lakhs to ₹3.1 Lakhs per year
Life Insurance Corporation of India ₹1.7 Lakhs to ₹3.0 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 Administrator at SBI Life Insurance Company in India?
The salary growth for a Administrator at SBI Life Insurance Company depends on factors such as experience, performance, and promotions. On average, a Administrator can expect the following growth trajectory at SBI Life Insurance Company:

Experience Average Salary Range
10 years ₹7.5 Lakhs to ₹7.5 Lakhs per year
11 years ₹7.5 Lakhs to ₹13.6 Lakhs per year
12 years ₹6.9 Lakhs to ₹8.8 Lakhs per year
13 years ₹7.0 Lakhs to ₹8.9 Lakhs per year
and so on.

Tell us how to improve this page.

SBI Life Insurance Company Administrator salary in India ranges between ₹7.5 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.