SBI Life Insurance Company Agency Manager Salaries by 200+ Employees (Updated 2024)

1 - 12 years exp.

₹2.8 Lakhs - ₹5.1 Lakhs

Salary of majority employees

9% more than the average Agency Manager Salary in Insurance Companies for 1 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Agency Manager Salary 1 - 12 years exp. (81 salaries)	₹2.9 L/yr - ₹4.5 L/yr
Sales & Business Development Agency Manager Salary 1 - 12 years exp. (70 salaries)	₹2.8 L/yr - ₹5.1 L/yr
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Finance & Accounting Agency Manager Salary 1 - 9 years exp. (15 salaries)	₹3.1 L/yr - ₹4.6 L/yr
Marketing & Communication Agency Manager Salary 1 - 9 years exp. (15 salaries)	₹3.3 L/yr - ₹4.5 L/yr
Customer Success, Service & Operations Agency Manager Salary 1 - 10 years exp. (11 salaries)	₹3.3 L/yr - ₹4.5 L/yr

Last Updated: 14 Dec 2024

Companies similar to SBI Life Insurance Company for Agency Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Agency Manager Salary 0 - 8 years exp. (161 salaries)	₹2.4 L/yr - ₹5.3 L/yr 1% less
HDFC Life Agency Manager Salary 0 - 6 years exp. (85 salaries)	₹1.8 L/yr - ₹6 L/yr 7% less
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Max Life Insurance Agency Manager Salary 1 - 14 years exp. (201 salaries)	₹2 L/yr - ₹6 L/yr 8% more
Bajaj Allianz Life Insurance Agency Manager Salary 0 - 10 years exp. (11 salaries)	₹2.5 L/yr - ₹7 L/yr At par
Kotak Mahindara Life Insurance Agency Manager Salary 0 - 15 years exp. (26 salaries)	₹2 L/yr - ₹7.6 L/yr 21% less
Reliance Nippon Life Insurance Agency Manager Salary 0 - 7 years exp. (35 salaries)	₹1.8 L/yr - ₹3.8 L/yr 22% less
Tata AIA Life Insurance Agency Manager Salary 0 - 8 years exp. (6 salaries)	₹3.8 L/yr - ₹5.1 L/yr 25% more
Aditya Birla Sun Life Insurance Agency Manager Salary 0 - 9 years exp. (219 salaries)	₹1.8 L/yr - ₹3.5 L/yr 36% less
PNB MetLife Agency Manager Salary 0 - 11 years exp. (5 salaries)	₹2.8 L/yr - ₹7 L/yr 30% more
Life Insurance Corporation of India Agency Manager Salary 0 - 8 years exp. (9 salaries)	₹1.8 L/yr - ₹4 L/yr 23% less
Care Health Insurance Agency Manager Salary 0 - 13 years exp. (204 salaries)	₹2.3 L/yr - ₹4.4 L/yr 13% less	2 job openings
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HDFC Ergo General Insurance Agency Manager Salary 0 - 9 years exp. (195 salaries)	₹2.3 L/yr - ₹5.1 L/yr 5% less	4 job openings
Aditya Birla Health Insurance Co Agency Manager Salary 0 - 8 years exp. (324 salaries)	₹2.3 L/yr - ₹4 L/yr 18% less
Star Health & Allied Insurance Agency Manager Salary 0 - 10 years exp. (39 salaries)	₹2.4 L/yr - ₹5 L/yr 11% less
ICICI Lombard General Insurance Company Agency Manager Salary 0 - 8 years exp. (20 salaries)	₹2.4 L/yr - ₹6 L/yr 10% less	1 job opening
Shriram Life Insurance Agency Manager Salary 7 - 13 years exp. (5 salaries)	₹2.4 L/yr - ₹5 L/yr 3% less
SBI General Insurance Agency Manager Salary 2 - 8 years exp. (5 salaries)	₹2.4 L/yr - ₹4.5 L/yr 2% less
The Oriental Insurance Co. Agency Manager Salary 4 - 10 years exp. (4 salaries)	₹1.9 L/yr - ₹7.1 L/yr 74% more

Agency Manager salary at SBI Life Insurance Company ranges between ₹2.8 Lakhs to ₹5.1 Lakhs per year for employees with experience between 1 year to 12 years. Salary estimates are based on 286 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Agency Manager salaries

Last Updated: 14 Dec 2024

Experience	Avg Annual Salary
1 year (21 salaries)	₹3 L/yr - ₹4.5 L/yr
2 years (21 salaries)	₹2.9 L/yr - ₹4.5 L/yr
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3 years (27 salaries)	₹3 L/yr - ₹5.1 L/yr
4 years (28 salaries)	₹3 L/yr - ₹4.6 L/yr
5 years (42 salaries)	₹3 L/yr - ₹4.6 L/yr
6 years (33 salaries)	₹2.8 L/yr - ₹5 L/yr
7 years (24 salaries)	₹3.1 L/yr - ₹4.6 L/yr
8 years (27 salaries)	₹3 L/yr - ₹4.5 L/yr
9 years (19 salaries)	₹3 L/yr - ₹4.8 L/yr
10 years (18 salaries)	₹3 L/yr - ₹4.8 L/yr
11 years (11 salaries)	₹3 L/yr - ₹4.5 L/yr
12 years (15 salaries)	₹3 L/yr - ₹4.6 L/yr

View all

Similar Designation salaries in SBI Life Insurance Company

Branch Manager Salary

(166 salaries)

₹6.5 L/yr - ₹15 L/yr

Area Manager Salary

(266 salaries)

₹5 L/yr - ₹14.21 L/yr

Deputy Manager Salary

(39 salaries)

₹2.4 L/yr - ₹8.5 L/yr

Regional Manager Salary

(6 salaries)

₹30 L/yr - ₹39.09 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹20.9 L/yr - ₹26.7 L/yr

Sales Manager Salary

(84 salaries)

₹2.05 L/yr - ₹5.6 L/yr

Business Manager Salary

(31 salaries)

₹4.35 L/yr - ₹8.5 L/yr

Area Sales Manager Salary

(32 salaries)

₹3.75 L/yr - ₹15.15 L/yr

Marketing Manager Salary

(17 salaries)

₹4 L/yr - ₹10.68 L/yr

Territory Manager Salary

(100 salaries)

₹4 L/yr - ₹7 L/yr

Top skills at SBI Life Insurance Company for Agency Manager

Marketing Sales Planning Business Development Sales Tied Channel Life Insurance FMCG Sales Insurance Sales Customer Relationship Team Building Leadership Skills Pharmaceutical Sales Telecom Sales Retail Sales Agency Sales

Salary related reviews for SBI Life Insurance Company

3.7

Rated by 169 employees for salary & benefits

Agency Manager in Hyderabad / Secunderabad

Full Time

Sales & Business Development Department

1.0

• posted on 27 Jun 2023

1.0

for Salary and Benefits

Likes

Good organisation for learning Training provide by that organisation is very good Customer service is nice Chain of branch is very good..

Dislikes

...ale without competition Senior manager always gives pressure to unit manager.. They earn 6 digit salary and lower staff salary is only 20k... promote product Boucher to investment own money...mea If you join that organisation get ready for so much pressure with low salary

Agency Manager in Dharamshala

Human Resources Department

5.0

• posted on 25 May 2022

5.0

for Salary and Benefits

Likes

Job security depends on your working If u are doing well on all parameters your job is secured company is employees oriented salary hike is only on your promotion

Dislikes

Management is good salary hike is depend on your promotion that is the major problem in this company career growth is depends upon your promotion. And training is given by the company on all parameters

Agency Manager in Bilaspur

Sales & Business Development Department

5.0

• posted on 02 Apr 2020

2.0

for Salary and Benefits

Likes

SBI life Insurance is a very good company regarding salary growth working environment learning but politics is overwhelming in this company your long time survival depends allways on the bosses will' that should be taken care by the company. what is review? it's is kind of where you are lacking and where should improve but Review means here do or die. perform or perish.in this way sbi is loosing Good hardworking and skillful workers.

Dislikes

everything is ok in sbi there is to much of review

Area Sales Manager in Vijayawada

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.

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.

Business Development Executive in Gangtok

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

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

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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SBI Life Insurance Company Agency Manager Salary FAQs

What is the salary of Agency Manager at SBI Life Insurance Company?

Agency Manager salary at SBI Life Insurance Company in India ranges between ₹2.8 Lakhs to ₹5.1 Lakhs for experience between 1 years to 12 years. According to our estimates it is 9% more than the average Agency Manager Salary in India. Salary estimates are based on 286 latest salaries received from various employees of SBI Life Insurance Company India.

How does the salary of a Agency Manager at SBI Life Insurance Company India compare with the average salary range for this job?

The average salary of a Agency Manager at SBI Life Insurance Company is 9% more than the average salary of a Agency Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Agency Manager at SBI Life Insurance Company?

Marketing, Sales Planning, Business Development, Sales and Tied Channel are some of the popular skills required to work as a Agency Manager at SBI Life Insurance Company India.

Which similar companies are paying more than SBI Life Insurance Company to a Agency Manager in India?

The Oriental Insurance Co. Agency Manager Salary - ₹1.9 Lakhs to ₹7.1 Lakhs per year
PNB MetLife Agency Manager Salary - ₹2.8 Lakhs to ₹7.0 Lakhs per year
Tata AIA Life Insurance Agency Manager Salary - ₹3.8 Lakhs to ₹5.1 Lakhs per year
Max Life Insurance Agency Manager Salary - ₹2.0 Lakhs to ₹6.0 Lakhs per year
Bajaj Allianz Life Insurance Agency Manager Salary - ₹2.5 Lakhs to ₹7.0 Lakhs per year

What is the salary of a Agency Manager in companies similar to SBI Life Insurance Company in India?

ICICI Prudential Life Insurance Agency Manager Salary - ₹2.4 Lakhs to ₹5.3 Lakhs per year
SBI General Insurance Agency Manager Salary - ₹2.4 Lakhs to ₹4.5 Lakhs per year
Shriram Life Insurance Agency Manager Salary - ₹2.4 Lakhs to ₹5.0 Lakhs per year
HDFC Ergo General Insurance Agency Manager Salary - ₹2.3 Lakhs to ₹5.1 Lakhs per year
HDFC Life Agency Manager Salary - ₹1.8 Lakhs to ₹6.0 Lakhs per year

What is the estimated take home salary of a Agency Manager at SBI Life Insurance Company in India?

The estimated take-home salary of a Agency Manager at SBI Life Insurance Company ranges between ₹28,808 per month to ₹30,190 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Agency Manager salary in India which ranges between ₹2.8 Lakhs to ₹5.1 Lakhs per year for employees with experience between 1 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Agency Manager at SBI Life Insurance Company?

According to AmbitionBox, 50% of the SBI Life Insurance Company Agency Managers reported a notice period of 1 Month, 27% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 414 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Agency Manager Salaries by Location

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SBI Life Insurance Company Agency Manager Salaries

SBI Life Insurance Company Agency Manager salary in India ranges between ₹2.8 Lakhs to ₹5.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 286 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

SBI Life Insurance Company Agency Manager salaries in India

Companies similar to SBI Life Insurance Company for Agency Manager

Latest annual salaries shared by SBI Life Insurance Company Agency Manager

Experience wise SBI Life Insurance Company Agency Manager salaries

Similar Designation salaries in SBI Life Insurance Company

Top skills at SBI Life Insurance Company for Agency Manager

Salary related reviews for SBI Life Insurance Company

Agency Manager in Hyderabad / Secunderabad

Agency Manager in Dharamshala

Agency Manager in Bilaspur

Area Sales Manager in Vijayawada

Business Development Executive in Gangtok

SBI Life Insurance Company Agency Manager Salary FAQs

Tell us how to improve this page.

SBI Life Insurance Company Agency Manager Salaries by Location