SBI Life Insurance Company Bhubaneswar Area Manager Salaries by 10+ Employees

10 - 18 years exp.

₹6 Lakhs - ₹10.1 Lakhs

Avg. annual salary

Monthly In-hand Salary

9% less than the average Area Manager Salary in Insurance Companies for 10 - 18 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Area Manager Salary 10 - 18 years exp. (6 salaries)	₹8 L/yr - ₹10.1 L/yr
Marketing & Communication Area Manager Salary 12 - 13 years exp. (3 salaries)	₹7 L/yr - ₹9.8 L/yr
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Sales & Business Development Area Manager Salary 10 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹10 L/yr

Last Updated: 11 Dec 2024

Companies similar to SBI Life Insurance Company for Area Manager in Bhubaneswar

SBI Life Insurance Company Area Manager Salary

10 - 18 years exp. (11 salaries)

₹6 L/yr - ₹10.1 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Max Life Insurance Area Manager Salary 10 - 15 years exp. (9 salaries)	₹6 L/yr - ₹12.6 L/yr 5% less
Bajaj Allianz Life Insurance Area Manager Salary 8 - 14 years exp. (5 salaries)	₹7.4 L/yr - ₹10.8 L/yr 11% more
Login to view exact salary
HDFC Ergo General Insurance Area Manager Salary 14 - 20 years exp. (3 salaries)	₹7.5 L/yr - ₹9.7 L/yr 4% more
Bandhan Bank Area Manager Salary 0 - 14 years exp. (15 salaries)	₹3 L/yr - ₹5.5 L/yr 42% less
Tata Steel Area Manager Salary 6 - 17 years exp. (14 salaries)	₹16 L/yr - ₹28 L/yr 151% more

Area Manager salary at SBI Life Insurance Company ranges between ₹6 Lakhs to ₹10.1 Lakhs per year for employees with experience between 10 years to 18 years. Salary estimates are based on 11 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Area Manager in Bhubaneswar

3mo ago

₹10.1 Lakhs

18 years exp.

5mo ago

₹8 Lakhs

11 years exp.

5mo ago

₹7 Lakhs

13 years exp.

6mo ago

₹9.3 Lakhs

17 years exp.

7mo ago

₹6 Lakhs

10 years exp.

8mo ago

10 years exp.

8mo ago

13 years exp.

9mo ago

17 years exp.

1y ago

12 years exp.

1y ago

10 years exp.

Experience wise SBI Life Insurance Company Area Manager salaries in Bhubaneswar

Last Updated: 11 Dec 2024

Experience	Avg Annual Salary
10 years (3 salaries)	₹6 L/yr - ₹8.5 L/yr
11 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.6 L/yr
Login to view exact salary
12 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.9 L/yr
13 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.1 L/yr
14 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.4 L/yr
15+ years (3 salaries)	₹9.3 L/yr - ₹10.1 L/yr

View all

From

Area Manager

₹

Lakhs/yr

6 - 18 years exp.

Zonal Area Manager

₹

Lakhs/yr

14 - 21 years exp.

Area Manager 6 - 18 years exp.

Senior Area Manager 12 - 21 years exp.

59% hike

Zonal Area Manager 14 - 21 years exp.

53% hike

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

Territory Manager Salary

(5 salaries)

₹4.75 L/yr - ₹5.5 L/yr

Branch Manager Salary

(4 salaries)

₹7.1 L/yr - ₹13.5 L/yr

Top skills at SBI Life Insurance Company for Area Manager

Business Development Area Management Sales Team Management Channel Partners ICF Service Level Target Achievement Sales Planning Relationship Management Retail Communication Skills Corporate Sales Sales Analysis Team Building

Salary related reviews for SBI Life Insurance Company

4.1

Rated by 5 employees for salary & benefits

Area Manager in Jalgaon

Sales & Business Development Department

4.0

• posted on 03 Apr 2021

5.0

for Salary and Benefits

Likes

Company is Good in industry. Management always try to give comfort to their employees so that Employee can work Whole heartily. Company always adjust their employees with their performances and allows to change their job profile if some one not performed.

Salary - Excellent

+6 more

Dislikes

I don't think so that there is anything which can be dislike... Bcz every company will demand output against compensation given to Employee.

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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SBI Life Insurance Company Area Manager Salary FAQs

What is the salary of Area Manager at SBI Life Insurance Company in Bhubaneswar?

The average salary of a Area Manager at SBI Life Insurance Company in Bhubaneswar typically ranges from ₹6.0 Lakhs to ₹10.1 Lakhs per year, depending on experience (from 10 years to 18 years).

The top 10% of Area Manager in Bhubaneswar at SBI Life Insurance Company earn more than ₹10.1 Lakhs per year, and the top 1% earn over ₹10.1 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 10+ SBI Life Insurance Company employees in India.

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

The estimated take-home salary of a Area Manager at SBI Life Insurance Company in Bhubaneswar typically ranges from ₹62,849 to ₹64,447 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹10.1 Lakhs per year for employees with experience ranging from 10 years to 18 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 10+ salaries received from various employees of SBI Life Insurance Company. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Area Manager at SBI Life Insurance Company in Bhubaneswar?

To be a Area Manager at SBI Life Insurance Company in Bhubaneswar, the key skills required include:

- 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.

Which companies offer higher salaries than SBI Life Insurance Company for Area Manager in India?

Tata Steel	₹16.0 Lakhs to ₹28.0 Lakhs per year
Bajaj Allianz Life Insurance	₹7.4 Lakhs to ₹10.8 Lakhs per year
HDFC Ergo General Insurance	₹7.5 Lakhs to ₹9.7 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.

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

The salary of a Area Manager at companies similar to SBI Life Insurance Company in Bhubaneswar varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Max Life Insurance	₹6.0 Lakhs to ₹12.6 Lakhs per year
Bandhan Bank	₹3.0 Lakhs to ₹5.5 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 Area Manager at SBI Life Insurance Company in Bhubaneswar?

The salary growth for a Area Manager at SBI Life Insurance Company in Bhubaneswar depends on factors such as experience, performance, and promotions. On average, a Area Manager in Bhubaneswar can expect the following growth trajectory at SBI Life Insurance Company:

Experience	Average Salary Range
10 years	₹6.0 Lakhs to ₹8.5 Lakhs per year
11 years	₹7.5 Lakhs to ₹9.6 Lakhs per year
12 years	₹7.7 Lakhs to ₹9.9 Lakhs per year
13 years	₹7.9 Lakhs to ₹10.1 Lakhs per year

and so on.

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SBI Life Insurance Company Area Manager Salaries in Bhubaneswar

SBI Life Insurance Company Area Manager salary in Bhubaneswar ranges between ₹6 Lakhs to ₹10.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.