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SBI Life Insurance Company Agency Development Manager salaries in India (Updated 2025)

Annual salary range
0 - 9 years exp.
₹2.5 Lakhs - ₹4.2 Lakhs
Salary of majority employees
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19% less than the average Agency Development Manager Salary in Insurance Companies for 0 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Agency Development Manager Salary
6 - 9 years exp. (3 salaries)
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₹3.7 L/yr - ₹4.2 L/yr

Sales & Business Development
Agency Development Manager Salary
2 years exp. (AmbitionBox Estimate)
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₹3.7 L/yr - ₹3.8 L/yr

Last Updated: 11 Jan 2025

Companies similar to SBI Life Insurance Company for Agency Development Manager

Company name Avg Annual Salary Open Jobs
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HDFC Life Agency Development Manager Salary

2 - 14 years exp. (249 salaries)

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₹2.3 L/yr - ₹6.5 L/yr

arrow icon 28% more
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₹2 L/yr - ₹6.5 L/yr

arrow icon 4% more
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₹2 L/yr - ₹6.5 L/yr

arrow icon 31% more
39 job openings
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₹3.1 L/yr - ₹4.5 L/yr

arrow icon 16% more
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₹1 L/yr - ₹5.5 L/yr

arrow icon 3% more
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₹2.8 L/yr - ₹6.3 L/yr

arrow icon 16% more
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₹1.2 L/yr - ₹5 L/yr

arrow icon 21% less
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₹2 L/yr - ₹4.4 L/yr

arrow icon 21% less
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PNB MetLife Agency Development Manager Salary

6 - 11 years exp. (5 salaries)

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₹4.1 L/yr - ₹7.8 L/yr

arrow icon 63% more
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₹2 L/yr - ₹5.6 L/yr

arrow icon 9% less
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₹2.2 L/yr - ₹4.5 L/yr

arrow icon 6% less
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₹2.6 L/yr - ₹6 L/yr

arrow icon 15% more
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₹3.7 L/yr - ₹4.6 L/yr

arrow icon 20% more
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₹2.6 L/yr - ₹5.4 L/yr

arrow icon 23% more
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₹3.1 L/yr - ₹3.8 L/yr

arrow icon 1% more
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₹2.5 L/yr - ₹3 L/yr

arrow icon 24% less
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₹2.8 L/yr - ₹4.5 L/yr

arrow icon 5% more
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₹2.6 L/yr - ₹3.8 L/yr

arrow icon 9% less

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Agency Development Manager salary at SBI Life Insurance Company ranges between ₹2.5 Lakhs to ₹4.2 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 17 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Agency Development Manager

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1 year exp.
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4mo ago
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9 years exp.
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4 years exp.
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8 years exp.
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Experience wise SBI Life Insurance Company Agency Development Manager salaries

Last Updated: 11 Jan 2025

Experience Avg Annual Salary
Fresher  (3 salaries)

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₹3 L/yr - ₹4 L/yr
1 year  (3 salaries)

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₹2.5 L/yr - ₹6.4 L/yr
2 years (AmbitionBox Estimate)

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₹1.4 L/yr - ₹4 L/yr
3 years (AmbitionBox Estimate)

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₹1.4 L/yr - ₹4 L/yr
4 years  (4 salaries)

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₹3.1 L/yr - ₹4.2 L/yr
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Similar Designation salaries in SBI Life Insurance Company

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₹1.9 L/yr - ₹7 L/yr
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₹3.75 L/yr - ₹13.5 L/yr
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₹18 L/yr - ₹30 L/yr
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₹3.4 L/yr - ₹8.52 L/yr
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₹3.4 L/yr - ₹4.5 L/yr
Area Business Manager Salary
(AmbitionBox Estimate)
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₹6.6 L/yr - ₹8.4 L/yr
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₹2.3 L/yr - ₹4.5 L/yr
Deputy Manager Salary
(38 salaries)
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₹2.5 L/yr - ₹10 L/yr
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₹30 L/yr - ₹39.09 L/yr
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₹1.88 L/yr - ₹8 L/yr

Top skills at SBI Life Insurance Company for Agency Development Manager

Agency Management Development Management Agency Sales agency development Tied Channel Life Insurance Insurance Sales agency Banking Sales Agent Recruitment Agency Channel
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Salary related reviews for SBI Life Insurance Company

4.0

Rated by 6 employees for salary & benefits

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

5.0
  •  posted on 05 Aug 2023

5.0
 for  Salary and Benefits

Likes

I am so Proud to say Working this organisation last 4years. i got a two promotions last two years.

  • Salary - Excellent
  • +6 more

Dislikes

I expecting Long time Vintage Employes Expect Minimum Salary hike. because Now a days out side companies giving a more salary hikes Vintage persons so Our Company giving a minimum hikes of Vintage Employes it will so benefit and no one live Our Company.

read more

Full Time

 · 

Marketing & Communication Department

4.0
  •  posted on 13 Sep 2023

5.0
 for  Salary and Benefits

Likes

very good company with good oppurtunities and good pay

  • Salary - Excellent
  • +4 more

Dislikes

management is not so good,specially our managers always threatning for resign and salary hold.company needs to fix this kind of problems for their employee to work with full motivation

read more
  • Job security - Poor

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 09 Jun 2023

2.0
 for  Salary and Benefits

Likes

No positive to tell company not good salary not good supporting staff.

Dislikes

Treating very cheap to front line employees(Field workers).and also no support to superior s.. always blamed for front line employees.

read more
  • Salary - Poor
  • +4 more

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 01 Feb 2023

2.0
 for  Salary and Benefits

Likes

Company culture is very bad only pressure nothing or

Dislikes

Official working days me bhi office bulate hain aur bill pay nahi karte hain personal life jaish kuchh nahi rehta hain aur morning 7:00am zoom start kar dete hain

read more
  • Salary - Poor
  • +6 more
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SBI Life Insurance Company Agency Development Manager Salary FAQs

What is the salary of Agency Development Manager at SBI Life Insurance Company?
Agency Development Manager salary at SBI Life Insurance Company in India ranges between ₹2.5 Lakhs to ₹4.2 Lakhs for less than 1 year of experience to 9 years. According to our estimates it is 19% less than the average Agency Development Manager Salary in India. Salary estimates are based on 17 latest salaries received from various employees of SBI Life Insurance Company India.
How does the salary of a Agency Development Manager at SBI Life Insurance Company India compare with the average salary range for this job?
The average salary of a Agency Development Manager at SBI Life Insurance Company is 19% less than the average salary of a Agency Development Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Agency Development Manager at SBI Life Insurance Company?
Agency Management, Development Management, Agency Sales, agency development and Tied Channel are some of the popular skills required to work as a Agency Development Manager at SBI Life Insurance Company India.
Which similar companies are paying more than SBI Life Insurance Company to a Agency Development Manager in India?
  • PNB MetLife Agency Development Manager Salary - ₹4.1 Lakhs to ₹7.8 Lakhs per year
  • Axis Max Life Insurance Agency Development Manager Salary - ₹2.0 Lakhs to ₹6.5 Lakhs per year
  • HDFC Life Agency Development Manager Salary - ₹2.3 Lakhs to ₹6.5 Lakhs per year
  • Life Insurance Corporation of India Agency Development Manager Salary - ₹2.6 Lakhs to ₹5.4 Lakhs per year
  • Bajaj Allianz General Insurance Agency Development Manager Salary - ₹3.7 Lakhs to ₹4.6 Lakhs per year
What is the salary of a Agency Development Manager in companies similar to SBI Life Insurance Company in India?
  • Tata AIA Life Insurance Agency Development Manager Salary - ₹2.8 Lakhs to ₹6.3 Lakhs per year
  • Bajaj Allianz Life Insurance Agency Development Manager Salary - ₹3.1 Lakhs to ₹4.5 Lakhs per year
  • ICICI Lombard General Insurance Company Agency Development Manager Salary - ₹2.6 Lakhs to ₹6.0 Lakhs per year
  • SBI General Insurance Agency Development Manager Salary - ₹2.8 Lakhs to ₹4.5 Lakhs per year
  • ICICI Prudential Life Insurance Agency Development Manager Salary - ₹2.0 Lakhs to ₹6.5 Lakhs per year
What is the estimated take home salary of a Agency Development Manager at SBI Life Insurance Company in India?
The estimated take-home salary of a Agency Development Manager at SBI Life Insurance Company ranges between ₹26,106 per month to ₹27,528 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Agency Development Manager salary in India which ranges between ₹2.5 Lakhs to ₹4.2 Lakhs per year for employees with less than 1 year of experience to 9 years. Check how did we calculate take home salary?
What is the notice period for Agency Development Manager at SBI Life Insurance Company?
According to AmbitionBox, 38% of the SBI Life Insurance Company Agency Development Managers reported a notice period of 15 days or less, 39% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 13 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Agency Development Manager salary in India ranges between ₹2.5 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 17 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

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