Upload Button Icon Add office photos
filter salariesFilter salaries by

SBI Life Insurance Company Analyst salaries in India (Updated 2025)

Annual salary range
1 - 5 years exp.
₹4.2 Lakhs - ₹8 Lakhs
Low Confidence
info icon
Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
unlock blur
unlock blur

At par with the average Analyst Salary in Insurance Companies for 1 - 5 years of experience

Interested in this particular role?

Salaries in different departments

Customer Success, Service & Operations
Analyst Salary
4 years exp. (AmbitionBox Estimate)
unlock-blur

₹6.3 L/yr - ₹7.7 L/yr

Data Science & Analytics
Analyst Salary
1 year exp. (AmbitionBox Estimate)
unlock-blur

₹7.2 L/yr - ₹8.7 L/yr

Procurement & Supply Chain
Analyst Salary
5 years exp. (AmbitionBox Estimate)
unlock-blur

₹3.8 L/yr - ₹4.6 L/yr

Last Updated: 12 Feb 2025

Companies similar to SBI Life Insurance Company for Analyst

Company name Avg Annual Salary Open Jobs
Logo
Principal Global Services Analyst Salary

0 - 6 years exp. (323 salaries)

unlock blur

₹2.9 L/yr - ₹10.5 L/yr

arrow icon 8% less
1 job opening
Logo
Gallagher Analyst Salary

1 - 6 years exp. (286 salaries)

unlock blur

₹2 L/yr - ₹7.3 L/yr

arrow icon 39% less
Logo
AXA Analyst Salary

0 - 4 years exp. (57 salaries)

unlock blur

₹2.8 L/yr - ₹6.5 L/yr

arrow icon 35% less
unlock blur

₹4 L/yr - ₹14.4 L/yr

arrow icon 39% more
Logo
Axis Max Life Insurance Analyst Salary

0 - 5 years exp. (14 salaries)

unlock blur

₹2.7 L/yr - ₹12.5 L/yr

arrow icon 8% more
Logo
AIG Analyst Salary

1 - 6 years exp. (8 salaries)

unlock blur

₹5 L/yr - ₹6 L/yr

arrow icon 10% less
Logo
Marsh Analyst Salary

1 - 7 years exp. (7 salaries)

unlock blur

₹5 L/yr - ₹8.5 L/yr

arrow icon 14% less
Logo
unlock blur

₹6.8 L/yr - ₹12 L/yr

arrow icon 32% more
Logo
Bajaj Allianz Life Insurance Analyst Salary

1 - 4 years exp. (5 salaries)

unlock blur

₹3 L/yr - ₹7.5 L/yr

arrow icon 25% less
Logo
PNB MetLife Analyst Salary

0 - 6 years exp. (5 salaries)

unlock blur

₹3 L/yr - ₹7.4 L/yr

arrow icon 27% less
Logo
Allianz Analyst Salary

2 - 3 years exp. (5 salaries)

unlock blur

₹3 L/yr - ₹6 L/yr

arrow icon 34% less
Logo
Tata AIA Life Insurance Analyst Salary

3 - 10 years exp. (4 salaries)

unlock blur

₹3.5 L/yr - ₹7.5 L/yr

arrow icon 13% less
Logo
SBI General Insurance Analyst Salary

0 - 6 years exp. (4 salaries)

unlock blur

₹1.9 L/yr - ₹9.9 L/yr

arrow icon 2% more
Logo
HDFC Ergo General Insurance Analyst Salary

0 - 3 years exp. (4 salaries)

unlock blur

₹5.1 L/yr - ₹12 L/yr

arrow icon 28% more
Logo
unlock blur

₹2.6 L/yr - ₹15.8 L/yr

arrow icon 13% more
Logo
unlock blur

₹3 L/yr - ₹5 L/yr

arrow icon 39% less
unlock blur

₹7 L/yr - ₹8.3 L/yr

arrow icon 17% more
Logo
unlock blur

₹7 L/yr - ₹28 L/yr

arrow icon 203% more
unlock blur

₹10 L/yr - ₹16 L/yr

arrow icon 112% more
Analyst salary at SBI Life Insurance Company ranges between ₹4.2 Lakhs to ₹8 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 4 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Analyst

3d ago
avg blur mobile
2 years exp.
9mo ago
avg blur mobile
5 years exp.
1y ago
avg blur mobile
4 years exp.
1y ago
avg blur mobile
1 year exp.

Experience wise SBI Life Insurance Company Analyst salaries

Last Updated: 12 Feb 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

unlock blur

₹7.2 L/yr - ₹9.1 L/yr
2 years (AmbitionBox Estimate)

unlock blur

₹6.7 L/yr - ₹8.6 L/yr
3 years (AmbitionBox Estimate)

unlock blur

₹6 L/yr - ₹7.7 L/yr
4 years (AmbitionBox Estimate)

unlock blur

₹5.3 L/yr - ₹6.8 L/yr
5 years (AmbitionBox Estimate)

unlock blur

₹4.6 L/yr - ₹5.9 L/yr

Similar Designation salaries in SBI Life Insurance Company

Credit Analyst Salary
(AmbitionBox Estimate)
unlock blur
₹3.4 L/yr - ₹4.4 L/yr
Senior Analyst Salary
(AmbitionBox Estimate)
unlock blur
₹27 L/yr - ₹34.5 L/yr
Accountant Salary
(5 salaries)
unlock blur
₹6.22 L/yr - ₹10 L/yr
Team Lead Salary
(14 salaries)
unlock blur
₹2.3 L/yr - ₹6 L/yr
unlock blur
₹5.2 L/yr - ₹8 L/yr
Research Analyst Salary
(AmbitionBox Estimate)
unlock blur
₹31.5 L/yr - ₹40.3 L/yr
unlock blur
₹2 L/yr - ₹7.5 L/yr
Associate Analyst Salary
(AmbitionBox Estimate)
unlock blur
₹2.4 L/yr - ₹3.1 L/yr
Senior Associate Salary
(539 salaries)
unlock blur
₹2.3 L/yr - ₹6.75 L/yr
Credit Manager Salary
(AmbitionBox Estimate)
unlock blur
₹15.8 L/yr - ₹20.2 L/yr

Salary related reviews for SBI Life Insurance Company

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 02 Nov 2023

4.0
 for  Salary and Benefits

Likes

Salary and benefits are supportive.

  • Salary - Good
  • +1 more

Dislikes

No work life balance. The sales team pushes things like hell specially in the eastern region of the country. Third Saturday is a leave according to the company's leave policies but we don't get that leave.

read more
  • Skill development - Poor
  • +4 more

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 30 May 2022

3.0
 for  Salary and Benefits

Likes

Average work environment and culture . Teammates are supportive and the management is selfish. Company policies are bad . Appraisals not fair in this company.

read more
  • Job security - Good

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is very slow

read more
  • Work satisfaction - Poor
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 29 Apr 2018

3.0
 for  Salary and Benefits

Likes

Company is

  • Job security - Good
  • +1 more

Dislikes

Company is good but as per process of career growth, it is very slow. Company's salary structure is also not good. My salary is less than a person who is coming on my position which I had before 2 years

read more

BFSI, Investments & Trading Department

5.0
  •  posted on 29 Oct 2020

5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give salary hike and bonus every year.

read more
  • Salary - Excellent
  • +6 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
see more salary related reviews

Discover interview dos and don'ts from real experiences

SBI Life Insurance Company Analyst Salary FAQs

What is the salary of Analyst at SBI Life Insurance Company ?
The average salary of a Analyst at SBI Life Insurance Company in India typically ranges from ₹4.2 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Analyst at SBI Life Insurance Company earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Analyst 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 4 SBI Life Insurance Company employees in India.
What is the estimated take home salary of a Analyst at SBI Life Insurance Company in India?
The estimated take-home salary of a Analyst at SBI Life Insurance Company in India typically ranges from ₹50,497 to ₹51,689 per month. This is based on the average salary range of ₹4.2 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 1 year to 5 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of SBI Life Insurance Company. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than SBI Life Insurance Company for Analyst in India?
Aditya Birla Sun Life Insurance ₹7.0 Lakhs to ₹28.0 Lakhs per year
Aditya Birla Health Insurance Co ₹10.0 Lakhs to ₹16.0 Lakhs per year
ICICI Lombard General Insurance Company ₹4.0 Lakhs to ₹14.4 Lakhs per year
Bajaj Allianz General Insurance ₹6.8 Lakhs to ₹12.0 Lakhs per year
HDFC Ergo General Insurance ₹5.1 Lakhs to ₹12.0 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.
What is the salary of a Analyst in companies similar to SBI Life Insurance Company in India?
The salary of a Analyst at companies similar to SBI Life Insurance Company in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Prudential Life Insurance ₹7.0 Lakhs to ₹8.3 Lakhs per year
Kotak Mahindara Life Insurance ₹2.6 Lakhs to ₹15.8 Lakhs per year
Axis Max Life Insurance ₹2.7 Lakhs to ₹12.5 Lakhs per year
SBI General Insurance ₹1.9 Lakhs to ₹9.9 Lakhs per year
Principal Global Services ₹2.9 Lakhs to ₹10.5 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.
How the salary growth look like for a Analyst at SBI Life Insurance Company in India?
The salary growth for a Analyst at SBI Life Insurance Company depends on factors such as experience, performance, and promotions. On average, a Analyst can expect the following growth trajectory at SBI Life Insurance Company:

Experience Average Salary Range
1 year ₹7.2 Lakhs to ₹9.1 Lakhs per year
2 years ₹6.7 Lakhs to ₹8.6 Lakhs per year
3 years ₹6.0 Lakhs to ₹7.7 Lakhs per year
4 years ₹5.3 Lakhs to ₹6.8 Lakhs per year
and so on.

Tell us how to improve this page.

SBI Life Insurance Company Analyst salary in India ranges between ₹4.2 Lakhs to ₹8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.