SBI Life Insurance Company Area Head Salaries by 5 Employees (Updated 2025)

5 - 16 years exp.

₹4.2 Lakhs - ₹12.1 Lakhs

Low Confidence

Salary of majority employees

Fixed (95%)

₹7.3 Lakhs

Variable (5%)

₹0.4 Lakh

24% less than the average Area Head Salary in Insurance Companies for 5 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Head Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.6 L/yr
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Sales & Business Development Area Head Salary 5 - 16 years exp. (AmbitionBox Estimate)	₹5.3 L/yr - ₹12.1 L/yr

Last Updated: 17 Feb 2025

Companies similar to SBI Life Insurance Company for Area Head

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Area Head Salary 4 - 18 years exp. (11 salaries)	₹7.3 L/yr - ₹15.8 L/yr 42% more
HDFC Life Area Head Salary 9 - 23 years exp. (78 salaries)	₹8.8 L/yr - ₹21 L/yr 103% more
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Max Life Insurance Area Head Salary 6 - 17 years exp. (160 salaries)	₹5.4 L/yr - ₹15 L/yr 26% more	1 job opening
Bajaj Allianz Life Insurance Area Head Salary 6 - 22 years exp. (18 salaries)	₹6.5 L/yr - ₹16 L/yr 46% more
Reliance Nippon Life Insurance Area Head Salary 6 - 18 years exp. (13 salaries)	₹6.8 L/yr - ₹18.5 L/yr 76% more
Tata AIA Life Insurance Area Head Salary 12 - 14 years exp. (7 salaries)	₹9.1 L/yr - ₹14.7 L/yr 70% more
Aditya Birla Sun Life Insurance Area Head Salary 13 - 22 years exp. (13 salaries)	₹11.5 L/yr - ₹24.5 L/yr 131% more
PNB MetLife Area Head Salary 10 - 13 years exp. (4 salaries)	₹9 L/yr - ₹9.5 L/yr 19% more
Aditya Birla Health Insurance Co Area Head Salary 9 - 20 years exp. (14 salaries)	₹8 L/yr - ₹16.5 L/yr 44% more
ICICI Lombard General Insurance Company Area Head Salary 3 - 18 years exp. (11 salaries)	₹5 L/yr - ₹18.5 L/yr 47% more
Bajaj Allianz General Insurance Area Head Salary 9 - 16 years exp. (11 salaries)	₹6.8 L/yr - ₹13 L/yr 47% more	1 job opening
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HDFC Ergo General Insurance Area Head Salary 9 - 18 years exp. (11 salaries)	₹7.2 L/yr - ₹18.7 L/yr 64% more
Star Health & Allied Insurance Area Head Salary 11 - 24 years exp. (5 salaries)	₹13 L/yr - ₹16.5 L/yr 99% more
Shriram Life Insurance Area Head Salary 7 - 15 years exp. (4 salaries)	₹5.5 L/yr - ₹6.9 L/yr 14% less

Area Head salary at SBI Life Insurance Company ranges between ₹4.2 Lakhs to ₹12.1 Lakhs per year for employees with experience between 5 years to 16 years. Salary estimates are based on 5 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Area Head salaries

Last Updated: 17 Feb 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹5.3 L/yr
6 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹8.1 L/yr
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7 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹9.3 L/yr
8 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
9 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr
10 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr
11 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹14.4 L/yr
12 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹10 L/yr
13 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.8 L/yr
14 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.6 L/yr
15+ years (AmbitionBox Estimate)	₹4.5 L/yr - ₹12.1 L/yr

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Salary related reviews for SBI Life Insurance Company

4.0

Rated by 1 employees for salary & benefits

Business Development Manager in Deoghar

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.

Salary - Poor

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

Business Development Manager in Rajkot

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

Salary - Poor

+6 more

Business Development Manager in Jaipur

Full Time

Sels Department

5.0

• posted on 12 Apr 2021

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 good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

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1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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SBI Life Insurance Company Area Head Salary FAQs

What is the salary of Area Head at SBI Life Insurance Company?

Area Head salary at SBI Life Insurance Company in India ranges between ₹4.2 Lakhs to ₹12.1 Lakhs for experience between 5 years to 16 years. According to our estimates it is 24% less than the average Area Head Salary in India. Salary estimates are based on 5 latest salaries received from various employees of SBI Life Insurance Company India.

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

The average salary of a Area Head at SBI Life Insurance Company is 24% less than the average salary of a Area Head in India. To know exact salary insights, login to view.

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

Aditya Birla Sun Life Insurance Area Head Salary - ₹11.5 Lakhs to ₹24.5 Lakhs per year
HDFC Life Area Head Salary - ₹8.8 Lakhs to ₹21.0 Lakhs per year
Star Health & Allied Insurance Area Head Salary - ₹13.0 Lakhs to ₹16.5 Lakhs per year
Reliance Nippon Life Insurance Area Head Salary - ₹6.8 Lakhs to ₹18.5 Lakhs per year
Tata AIA Life Insurance Area Head Salary - ₹9.1 Lakhs to ₹14.7 Lakhs per year

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

HDFC Ergo General Insurance Area Head Salary - ₹7.2 Lakhs to ₹18.7 Lakhs per year
ICICI Lombard General Insurance Company Area Head Salary - ₹5.0 Lakhs to ₹18.5 Lakhs per year
Bajaj Allianz General Insurance Area Head Salary - ₹6.8 Lakhs to ₹13.0 Lakhs per year
Bajaj Allianz Life Insurance Area Head Salary - ₹6.5 Lakhs to ₹16.0 Lakhs per year
Aditya Birla Health Insurance Co Area Head Salary - ₹8.0 Lakhs to ₹16.5 Lakhs per year

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

The estimated take-home salary of a Area Head at SBI Life Insurance Company ranges between ₹56,814 per month to ₹58,241 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Area Head salary in India which ranges between ₹4.2 Lakhs to ₹12.1 Lakhs per year for employees with experience between 5 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Area Head at SBI Life Insurance Company?

According to AmbitionBox, 75% of the SBI Life Insurance Company Area Heads reported a notice period of 2 Months, 25% reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Area Head Salaries

SBI Life Insurance Company Area Head salary in India ranges between ₹4.2 Lakhs to ₹12.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.