Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary37% less than the average Advisor Salary in Insurance Companies for 1 - 10 years of experience
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Salaries in different departments
BFSI, Investments & Trading
Advisor Salary
1 - 7
years
exp.
(22
salaries)
|  ₹1.5 L/yr - ₹5.8 L/yr |
Sales & Business Development
Advisor Salary
1 - 10
years
exp.
(13
salaries)
| ₹1.1 L/yr - ₹6.2 L/yr |
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| |
Customer Success, Service & Operations
Advisor Salary
1 - 6
years
exp.
(7
salaries)
| ₹2 L/yr - ₹5 L/yr |
Finance & Accounting
Advisor Salary
1 - 6
years
exp.
(7
salaries)
| ₹1.4 L/yr - ₹4 L/yr |
Marketing & Communication
Advisor Salary
1 - 7
years
exp.
(7
salaries)
| ₹1.5 L/yr - ₹4 L/yr |
Companies similar to SBI Life Insurance Company for Advisor
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Life Insurance Corporation of India Advisor Salary
1 - 12 years exp. (103 salaries) | ₹1.1 L/yr - ₹6 L/yr 
5%
more | |
 ICICI Prudential Life Insurance Advisor Salary
1 - 6 years exp. (78 salaries) | ₹0.6 L/yr - ₹6 L/yr 
7%
less | |
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| ||
 Axis Max Life Insurance Advisor Salary
0 - 32 years exp. (61 salaries) | ₹0.8 L/yr - ₹5 L/yr
4%
less | |
 Gallagher Advisor Salary
0 - 6 years exp. (41 salaries) | ₹3.1 L/yr - ₹7 L/yr
37%
more | |
 Aditya Birla Sun Life Insurance Advisor Salary
0 - 6 years exp. (36 salaries) | ₹1 L/yr - ₹3.5 L/yr
40%
less | |
 Tata AIA Life Insurance Advisor Salary
1 - 6 years exp. (34 salaries) | ₹0.9 L/yr - ₹5 L/yr
23%
less | |
 Reliance Nippon Life Insurance Advisor Salary
0 - 6 years exp. (30 salaries) | ₹1 L/yr - ₹5.1 L/yr
32%
less | |
 HDFC Life Advisor Salary
0 - 5 years exp. (22 salaries) | ₹0.9 L/yr - ₹4.8 L/yr
21%
less | |
 Kotak Mahindara Life Insurance Advisor Salary
1 - 4 years exp. (16 salaries) | ₹1 L/yr - ₹4 L/yr
21%
less | |
 Star Health & Allied Insurance Advisor Salary
1 - 8 years exp. (16 salaries) | ₹1.8 L/yr - ₹4.5 L/yr
9%
less | |
 ICICI Lombard General Insurance Company Advisor Salary
0 - 4 years exp. (13 salaries) | ₹1.3 L/yr - ₹4.6 L/yr
25%
less | |
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| ||
 United India Insurance Company Advisor Salary
2 - 7 years exp. (9 salaries) | ₹2.8 L/yr - ₹6 L/yr
30%
more | |
 Bajaj Allianz General Insurance Advisor Salary
1 - 4 years exp. (6 salaries) | ₹2.1 L/yr - ₹2.8 L/yr
22%
less | |
 SBI General Insurance Advisor Salary
2 - 6 years exp. (5 salaries) | ₹1.7 L/yr - ₹4.5 L/yr
9%
less | |
 The Oriental Insurance Co. Advisor Salary
2 - 7 years exp. (5 salaries) | ₹1.3 L/yr - ₹5.2 L/yr
19%
less | |
 The New India Assurance Co. Advisor Salary
3 - 5 years exp. (4 salaries) | ₹0.6 L/yr - ₹9.4 L/yr
41%
more | |
 HDFC Ergo General Insurance Advisor Salary
0 - 2 years exp. (4 salaries) | ₹1.8 L/yr - ₹2.6 L/yr
19%
less | |
 PNB MetLife Advisor Salary
1 - 3 years exp. (4 salaries) | ₹1.2 L/yr - ₹2.5 L/yr
34%
less | |
 Shriram Life Insurance Advisor Salary
1 - 4 years exp. (3 salaries) | ₹2.1 L/yr - ₹2.4 L/yr
32%
less | |
Latest annual salaries shared by SBI Life Insurance Company Advisor
Experience wise SBI Life Insurance Company Advisor salaries
Last Updated: 15 Feb 2025
| Experience | Avg Annual Salary |
|---|---|
| 1 year (19 salaries) |
₹1.1
L/yr
- ₹4
L/yr
|
| 2 years (16 salaries) |
₹1.1
L/yr
- ₹6
L/yr
|
Login to view exact salary
| |
| 3 years (17 salaries) |
₹1.5
L/yr
- ₹5.8
L/yr
|
| 4 years (6 salaries) |
₹2.2
L/yr
- ₹4
L/yr
|
| 5 years (13 salaries) |
₹1.4
L/yr
- ₹4
L/yr
|
From
To
Advisor
Lakhs/yr
1 - 10 years exp.
Senior Manager
Lakhs/yr
5 - 14 years exp.
232% hike
-5% hike
From
View 1 more level
To
Advisor
1 - 10 years exp.
Associate Vice President
9 - 20 years exp.
Similar Designation salaries in SBI Life Insurance Company
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SBI Life Insurance Company Advisor Salary FAQs
The top 10% of Advisor at SBI Life Insurance Company earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹6.1 Lakhs per year. Advisor 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 80+ SBI Life Insurance Company employees in India.
| The New India Assurance Co. | ₹0.6 Lakhs to ₹9.4 Lakhs per year |
| Gallagher | ₹3.1 Lakhs to ₹7.0 Lakhs per year |
| United India Insurance Company | ₹2.8 Lakhs to ₹6.0 Lakhs per year |
| Life Insurance Corporation of India | ₹1.1 Lakhs to ₹6.0 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by SBI Life Insurance Company, depending on the role and experience level.
| Axis Max Life Insurance | ₹0.8 Lakhs to ₹5.0 Lakhs per year |
| ICICI Prudential Life Insurance | ₹0.6 Lakhs to ₹6.0 Lakhs per year |
| SBI General Insurance | ₹1.7 Lakhs to ₹4.5 Lakhs per year |
| Star Health & Allied Insurance | ₹1.8 Lakhs to ₹4.5 Lakhs per year |
| HDFC Ergo General Insurance | ₹1.8 Lakhs to ₹2.6 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.
| Experience | Average Salary Range |
|---|---|
| 1 year | ₹1.1 Lakhs to ₹4.0 Lakhs per year |
| 2 years | ₹1.1 Lakhs to ₹6.0 Lakhs per year |
| 3 years | ₹1.5 Lakhs to ₹5.8 Lakhs per year |
| 4 years | ₹2.2 Lakhs to ₹4.0 Lakhs per year |
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SBI Life Insurance Company Advisor salary
in
India
ranges between ₹1.1
Lakh to ₹6.2
Lakhs with an average annual salary of
₹. Salary estimates are based on
88
SBI Life Insurance Company latest salaries received from various employees of
SBI Life Insurance Company.