Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary6% less than the average Area Manager Salary in Insurance Companies for 6 - 18 years of experience
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Salaries in different departments
BFSI, Investments & Trading
Area Manager Salary
6 - 18
years
exp.
(73
salaries)
|  ₹5.1 L/yr - ₹12 L/yr |
Sales & Business Development
Area Manager Salary
6 - 18
years
exp.
(63
salaries)
| ₹4.6 L/yr - ₹14.2 L/yr |
Login to view exact salary
| |
Marketing & Communication
Area Manager Salary
6 - 17
years
exp.
(15
salaries)
| ₹7 L/yr - ₹12.5 L/yr |
Customer Success, Service & Operations
Area Manager Salary
6 - 14
years
exp.
(5
salaries)
| ₹7 L/yr - ₹9.5 L/yr |
Companies similar to SBI Life Insurance Company for Area Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 ICICI Prudential Life Insurance Area Manager Salary
1 - 17 years exp. (373 salaries) | ₹5.8 L/yr - ₹13.2 L/yr 
7%
more | 29 job openings |
 Axis Max Life Insurance Area Manager Salary
6 - 18 years exp. (282 salaries) | ₹4.2 L/yr - ₹13 L/yr 
9%
less | |
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| ||
 Bajaj Allianz Life Insurance Area Manager Salary
6 - 17 years exp. (212 salaries) | ₹5 L/yr - ₹16.5 L/yr
7%
more | |
 Tata AIA Life Insurance Area Manager Salary
6 - 17 years exp. (179 salaries) | ₹6 L/yr - ₹17.7 L/yr
26%
more | 1 job opening |
 Aditya Birla Sun Life Insurance Area Manager Salary
3 - 10 years exp. (127 salaries) | ₹4.5 L/yr - ₹9.3 L/yr
25%
less | |
 Reliance Nippon Life Insurance Area Manager Salary
10 - 19 years exp. (82 salaries) | ₹9 L/yr - ₹21.4 L/yr
58%
more | |
 Shriram Life Insurance Area Manager Salary
6 - 17 years exp. (44 salaries) | ₹3.7 L/yr - ₹11 L/yr
29%
less | |
 Star Health & Allied Insurance Area Manager Salary
8 - 19 years exp. (47 salaries) | ₹5.7 L/yr - ₹22 L/yr
42%
more | |
 ICICI Lombard General Insurance Company Area Manager Salary
8 - 17 years exp. (43 salaries) | ₹6.8 L/yr - ₹20 L/yr
37%
more | |
 HDFC Ergo General Insurance Area Manager Salary
5 - 20 years exp. (40 salaries) | ₹6 L/yr - ₹12.5 L/yr
2%
less | |
 Aditya Birla Health Insurance Co Area Manager Salary
7 - 18 years exp. (31 salaries) | ₹4.5 L/yr - ₹16.5 L/yr
12%
more | |
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| ||
 HDFC Life Area Manager Salary
10 - 11 years exp. (33 salaries) | ₹7.7 L/yr - ₹19 L/yr
25%
more | |
 Kotak Mahindara Life Insurance Area Manager Salary
5 - 24 years exp. (30 salaries) | ₹4.7 L/yr - ₹17.5 L/yr
23%
more | |
 PNB MetLife Area Manager Salary
6 - 15 years exp. (20 salaries) | ₹5.9 L/yr - ₹11.1 L/yr
1%
more | |
 Bajaj Allianz General Insurance Area Manager Salary
7 - 15 years exp. (16 salaries) | ₹5.2 L/yr - ₹18 L/yr
13%
more | 1 job opening |
 SBI General Insurance Area Manager Salary
3 - 21 years exp. (6 salaries) | ₹9 L/yr - ₹15.2 L/yr
27%
more | |
 Life Insurance Corporation of India Area Manager Salary
10 - 15 years exp. (4 salaries) | ₹7.5 L/yr - ₹10 L/yr
5%
less | |
Latest annual salaries shared by SBI Life Insurance Company Area Manager
Experience wise SBI Life Insurance Company Area Manager salaries
Last Updated: 20 Mar 2025
| Experience | Avg Annual Salary |
|---|---|
| 6 years (8 salaries) |
₹5.6
L/yr
- ₹8.5
L/yr
|
| 7 years (9 salaries) |
₹4.6
L/yr
- ₹8.5
L/yr
|
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| |
| 8 years (6 salaries) |
₹6
L/yr
- ₹9.5
L/yr
|
| 9 years (12 salaries) |
₹5.6
L/yr
- ₹11.5
L/yr
|
| 10 years (25 salaries) |
₹5.4
L/yr
- ₹12
L/yr
|
From
To
Area Manager
Lakhs/yr
6 - 18 years exp.
Zonal Area Manager
Lakhs/yr
14 - 21 years exp.
56% hike
53% hike
Similar Designation salaries in SBI Life Insurance Company
Top skills at SBI Life Insurance Company for Area Manager
Salary related reviews for SBI Life Insurance Company
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Top trending discussions
SBI Life Insurance Company Area Manager Salary FAQs
The top 10% of Area Manager at SBI Life Insurance Company earn more than ₹12.0 Lakhs per year, and the top 1% earn over ₹13.4 Lakhs per year. Area Manager 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 200+ SBI Life Insurance Company employees in India.
- - Business Development
- - Area Management
- - Sales
- - Team Management
- - Channel Partners
These skills are highly valued at SBI Life Insurance Company and are crucial for successful performance in a Software Engineering role.
| Reliance Nippon Life Insurance | ₹9.0 Lakhs to ₹21.4 Lakhs per year |
| Star Health & Allied Insurance | ₹5.7 Lakhs to ₹22.0 Lakhs per year |
| ICICI Lombard General Insurance Company | ₹6.8 Lakhs to ₹20.0 Lakhs per year |
| SBI General Insurance | ₹9.0 Lakhs to ₹15.2 Lakhs per year |
| Tata AIA Life Insurance | ₹6.0 Lakhs to ₹17.7 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.
| HDFC Life | ₹7.7 Lakhs to ₹19.0 Lakhs per year |
| Kotak Mahindara Life Insurance | ₹4.7 Lakhs to ₹17.5 Lakhs per year |
| Bajaj Allianz General Insurance | ₹5.2 Lakhs to ₹18.0 Lakhs per year |
| Aditya Birla Health Insurance Co | ₹4.5 Lakhs to ₹16.5 Lakhs per year |
| ICICI Prudential Life Insurance | ₹5.8 Lakhs to ₹13.2 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.
| Experience | Average Salary Range |
|---|---|
| 6 years | ₹5.6 Lakhs to ₹8.5 Lakhs per year |
| 7 years | ₹4.6 Lakhs to ₹8.5 Lakhs per year |
| 8 years | ₹6.0 Lakhs to ₹9.5 Lakhs per year |
| 9 years | ₹5.6 Lakhs to ₹11.5 Lakhs per year |
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SBI Life Insurance Company Area Manager Salaries by Location
- SBI Life Insurance Company Area Manager salaries in Kolkata
- SBI Life Insurance Company Area Manager salaries in New Delhi
- SBI Life Insurance Company Area Manager salaries in Bangalore / Bengaluru
- SBI Life Insurance Company Area Manager salaries in Lucknow
- SBI Life Insurance Company Area Manager salaries in Patna
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SBI Life Insurance Company Area Manager salary
in
India
ranges between ₹4.6
Lakhs to ₹14.2
Lakhs with an average annual salary of
₹. Salary estimates are based on
206
SBI Life Insurance Company latest salaries received from various employees of
SBI Life Insurance Company.