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

Annual salary range
1 - 13 years exp.
₹2.8 Lakhs - ₹5 Lakhs
Salary of majority employees
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Fixed (100%)
₹4 Lakhs
Variable (0%)
₹0.0
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9% more than the average Agency Manager Salary in Insurance Companies for 1 - 13 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading
Agency Manager Salary
1 - 13 years exp. (86 salaries)
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₹2.9 L/yr - ₹4.5 L/yr

Sales & Business Development
Agency Manager Salary
1 - 13 years exp. (79 salaries)
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₹2.8 L/yr - ₹5 L/yr

Finance & Accounting
Agency Manager Salary
1 - 10 years exp. (16 salaries)
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₹3.1 L/yr - ₹4.9 L/yr

Marketing & Communication
Agency Manager Salary
1 - 9 years exp. (14 salaries)
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₹3.3 L/yr - ₹4.5 L/yr

Customer Success, Service & Operations
Agency Manager Salary
1 - 10 years exp. (12 salaries)
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₹3.3 L/yr - ₹4.6 L/yr

Last Updated: 10 Mar 2025

Companies similar to SBI Life Insurance Company for Agency Manager

Company name Avg Annual Salary Open Jobs
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₹2.2 L/yr - ₹5.3 L/yr

At par
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HDFC Life Agency Manager Salary

0 - 7 years exp. (84 salaries)

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₹1.8 L/yr - ₹7 L/yr

arrow icon 5% less
1 job opening
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Axis Max Life Insurance Agency Manager Salary

2 - 11 years exp. (153 salaries)

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₹2.2 L/yr - ₹6.5 L/yr

arrow icon 7% more
1 job opening
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₹2.5 L/yr - ₹7 L/yr

arrow icon 2% less
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₹2 L/yr - ₹7.6 L/yr

arrow icon 22% less
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₹1.8 L/yr - ₹3.8 L/yr

arrow icon 23% less
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Tata AIA Life Insurance Agency Manager Salary

4 - 11 years exp. (7 salaries)

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₹4.5 L/yr - ₹6 L/yr

arrow icon 27% more
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₹1.8 L/yr - ₹3.5 L/yr

arrow icon 37% less
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PNB MetLife Agency Manager Salary

0 - 11 years exp. (5 salaries)

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₹2.8 L/yr - ₹7 L/yr

arrow icon 28% more
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₹1.8 L/yr - ₹4 L/yr

arrow icon 25% less
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₹2.3 L/yr - ₹4 L/yr

arrow icon 18% less
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₹2 L/yr - ₹5.5 L/yr

arrow icon 3% less
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₹2.4 L/yr - ₹4.8 L/yr

arrow icon 14% less
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₹3.5 L/yr - ₹6.5 L/yr

arrow icon 17% more
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₹2.4 L/yr - ₹6 L/yr

arrow icon 2% more
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Shriram Life Insurance Agency Manager Salary

7 - 13 years exp. (5 salaries)

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₹2.4 L/yr - ₹5 L/yr

arrow icon 4% less
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SBI General Insurance Agency Manager Salary

2 - 8 years exp. (5 salaries)

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₹2.4 L/yr - ₹4.5 L/yr

arrow icon 4% less
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₹1.9 L/yr - ₹7.1 L/yr

arrow icon 71% more
Agency Manager salary at SBI Life Insurance Company ranges between ₹2.8 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 13 years. Salary estimates are based on 280 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Agency Manager

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8 years exp.
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10 years exp.
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Experience wise SBI Life Insurance Company Agency Manager salaries

Last Updated: 10 Mar 2025

Experience Avg Annual Salary
1 year  (19 salaries)

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₹3 L/yr - ₹4.8 L/yr
2 years  (16 salaries)

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₹2.9 L/yr - ₹5 L/yr
3 years  (23 salaries)

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₹3 L/yr - ₹4.8 L/yr
4 years  (27 salaries)

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₹3 L/yr - ₹4.6 L/yr
5 years  (41 salaries)

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₹3 L/yr - ₹4.6 L/yr
View all
SBI Life Insurance Company Agency Manager Salary and Career Growth

From

To

Agency Manager

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1 - 13 years exp.

Senior Branch Manager

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10 - 22 years exp.

Agency Manager

1 - 13 years exp.
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Senior Agency Manager

3 - 13 years exp.
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arrow icon 9% hike

Assistant Branch Sales Manager

8 - 15 years exp.
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arrow icon 37% hike

From

To

Agency Manager

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1 - 13 years exp.

Divisional Sales Manager

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11 - 20 years exp.

From

To

Agency Manager

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1 - 13 years exp.

Associate Branch Manager

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3 - 20 years exp.

From

To

Agency Manager

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1 - 13 years exp.

Divisional Manager

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13 - 25 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in SBI Life Insurance Company

Branch Manager Salary
(169 salaries)
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₹6.5 L/yr - ₹15.7 L/yr
Area Manager Salary
(222 salaries)
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₹4.6 L/yr - ₹14.21 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
Sales Manager Salary
(84 salaries)
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₹1.2 L/yr - ₹5.6 L/yr
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₹4.35 L/yr - ₹8.5 L/yr
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₹3.75 L/yr - ₹13.5 L/yr
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₹4.12 L/yr - ₹17 L/yr
Territory Manager Salary
(100 salaries)
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₹4 L/yr - ₹7 L/yr
Area Business Manager Salary
(AmbitionBox Estimate)
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₹6.6 L/yr - ₹8.4 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
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Salary related reviews for SBI Life Insurance Company

3.7

Rated by 174 employees for salary & benefits

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..

read more
  • Skill development - 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

read more
  • Salary - Bad
  • +5 more

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

read more
  • Salary - Excellent
  • +6 more

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

read more

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.

read more
  • Work-life balance - Good

Dislikes

everything is ok in sbi there is to much of review

  • Salary - Poor
  • +2 more

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
see more salary related reviews

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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 ₹5.0 Lakhs for experience between 1 years to 13 years. According to our estimates it is 9% more than the average Agency Manager Salary in India. Salary estimates are based on 280 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 - ₹4.5 Lakhs to ₹6.0 Lakhs per year
  • Bajaj Allianz General Insurance Agency Manager Salary - ₹3.5 Lakhs to ₹6.5 Lakhs per year
  • Axis Max Life Insurance Agency Manager Salary - ₹2.2 Lakhs to ₹6.5 Lakhs per year
What is the salary of a Agency Manager in companies similar to SBI Life Insurance Company in India?
  • ICICI Lombard General Insurance Company Agency Manager Salary - ₹2.4 Lakhs to ₹6.0 Lakhs per year
  • ICICI Prudential Life Insurance Agency Manager Salary - ₹2.2 Lakhs to ₹5.3 Lakhs per year
  • Bajaj Allianz Life Insurance Agency Manager Salary - ₹2.5 Lakhs to ₹7.0 Lakhs per year
  • HDFC Ergo General Insurance Agency Manager Salary - ₹2.0 Lakhs to ₹5.5 Lakhs per year
  • SBI General Insurance Agency Manager Salary - ₹2.4 Lakhs to ₹4.5 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 ₹29,377 per month to ₹30,751 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 ₹5.0 Lakhs per year for employees with experience between 1 years to 13 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, 26% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 416 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Agency Manager salary in India ranges between ₹2.8 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 280 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.