SBI Life Insurance Company Chennai Agency Manager Salaries by 10+ Employees (Updated 2025)

1 - 13 years exp.

₹3 Lakhs - ₹4.5 Lakhs

Salary of majority employees

10% more than the average Agency Manager Salary in Insurance Companies for 1 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Agency Manager Salary 1 - 13 years exp. (6 salaries)	₹3.3 L/yr - ₹4.4 L/yr
Finance & Accounting Agency Manager Salary 1 - 6 years exp. (3 salaries)	₹4 L/yr - ₹4.5 L/yr
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Sales & Business Development Agency Manager Salary 1 - 5 years exp. (3 salaries)	₹4 L/yr - ₹4.1 L/yr

Last Updated: 18 Oct 2024

Companies similar to SBI Life Insurance Company for Agency Manager in Chennai

SBI Life Insurance Company Agency Manager Salary

1 - 13 years exp. (15 salaries)

₹3 L/yr - ₹4.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Agency Manager Salary 1 - 8 years exp. (8 salaries)	₹2.3 L/yr - ₹5 L/yr 5% less
Max Life Insurance Agency Manager Salary 3 - 12 years exp. (4 salaries)	₹3 L/yr - ₹4.6 L/yr 8% more
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Aditya Birla Health Insurance Co Agency Manager Salary 1 - 6 years exp. (7 salaries)	₹2.8 L/yr - ₹3.3 L/yr 19% less
Star Health & Allied Insurance Agency Manager Salary 2 - 9 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr 12% less
HDFC Ergo General Insurance Agency Manager Salary 1 - 8 years exp. (5 salaries)	₹2.4 L/yr - ₹3.6 L/yr 13% less

Agency Manager salary at SBI Life Insurance Company ranges between ₹3 Lakhs to ₹4.5 Lakhs per year for employees with experience between 1 year to 13 years. Salary estimates are based on 15 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Agency Manager salaries in Chennai

Last Updated: 18 Oct 2024

Experience	Avg Annual Salary
1 year (4 salaries)	₹3.3 L/yr - ₹4 L/yr
2 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.5 L/yr
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3 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.3 L/yr
4 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4 L/yr
6 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4 L/yr
7 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹7.1 L/yr
8 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
9 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
10 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
11 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4 L/yr
12 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
13 years (AmbitionBox Estimate)	₹3 L/yr - ₹4.4 L/yr

View all

From

Agency Manager

₹

Lakhs/yr

1 - 13 years exp.

Divisional Manager

₹

Lakhs/yr

13 - 25 years exp.

Agency Manager 1 - 13 years exp.

Senior Agency Manager 3 - 12 years exp.

16% hike

Assistant Branch Sales Manager 8 - 15 years exp.

32% hike

From

3 more levels

Agency Manager

1 - 13 years exp.

Divisional Sales Manager

11 - 20 years exp.

View 2 more career paths

From

3 more levels

Agency Manager

1 - 13 years exp.

Senior Branch Manager

10 - 22 years exp.

From

2 more levels

Agency Manager

1 - 13 years exp.

Associate Branch Manager

3 - 20 years exp.

Similar Designation salaries in SBI Life Insurance Company

Area Manager Salary

(14 salaries)

₹6.71 L/yr - ₹13 L/yr

Business Manager Salary

(4 salaries)

₹6.25 L/yr - ₹8.5 L/yr

Branch Manager Salary

(4 salaries)

₹7.5 L/yr - ₹14 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

2.7

Rated by 3 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..

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

Salary - Bad

+5 more

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

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

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.

Work-life balance - Good

Dislikes

everything is ok in sbi there is to much of review

Salary - Poor

+2 more

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.

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.

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

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

Job security - Poor

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SBI Life Insurance Company Agency Manager Salary FAQs

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

Agency Manager salary at SBI Life Insurance Company in Chennai ranges between ₹3.0 Lakhs to ₹4.5 Lakhs for experience between 1 years to 13 years. According to our estimates it is 10% more than the average Agency Manager Salary in India. Salary estimates are based on 15 latest salaries received from various employees of SBI Life Insurance Company Chennai.

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

The average salary of a Agency Manager at SBI Life Insurance Company is 10% more than the average salary of a Agency Manager in Chennai. 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 Chennai.

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

Max Life Insurance Agency Manager Salary - ₹3.0 Lakhs to ₹4.6 Lakhs per year

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

HDFC Life Agency Manager Salary - ₹2.3 Lakhs to ₹5.0 Lakhs per year
Star Health & Allied Insurance Agency Manager Salary - ₹3.0 Lakhs to ₹3.9 Lakhs per year
HDFC Ergo General Insurance Agency Manager Salary - ₹2.4 Lakhs to ₹3.6 Lakhs per year
Aditya Birla Health Insurance Co Agency Manager Salary - ₹2.8 Lakhs to ₹3.3 Lakhs per year

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

The estimated take-home salary of a Agency Manager at SBI Life Insurance Company ranges between ₹29,072 per month to ₹30,450 per month in Chennai. The take-home salary calculation is based on the average SBI Life Insurance Company Agency Manager salary in India which ranges between ₹3.0 Lakhs to ₹4.5 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 in Chennai?

According to AmbitionBox, 50% of the SBI Life Insurance Company Agency Managers in Chennai reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 12 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Agency Manager Salaries in Chennai

SBI Life Insurance Company Agency Manager salary in Chennai ranges between ₹3 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.