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

6 - 19 years exp.

₹6.7 Lakhs - ₹13 Lakhs

Salary of majority employees

11% less than the average Area Manager Salary in Insurance Companies for 6 - 19 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Manager Salary 6 - 17 years exp. (8 salaries)	₹6.7 L/yr - ₹13 L/yr
Sales & Business Development Area Manager Salary 10 - 18 years exp. (4 salaries)	₹7.3 L/yr - ₹10.5 L/yr
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Marketing & Communication Area Manager Salary 14 years exp. (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.7 L/yr

Last Updated: 21 Feb 2025

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

SBI Life Insurance Company Area Manager Salary

6 - 19 years exp. (15 salaries)

₹6.7 L/yr - ₹13 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Area Manager Salary 2 - 14 years exp. (27 salaries)	₹5.8 L/yr - ₹11.2 L/yr 7% more	22 job openings
Axis Max Life Insurance Area Manager Salary 9 - 15 years exp. (6 salaries)	₹4.2 L/yr - ₹10.8 L/yr 5% less	1 job opening
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Bajaj Allianz Life Insurance Area Manager Salary 9 - 16 years exp. (7 salaries)	₹6 L/yr - ₹12.5 L/yr 10% more
Tata AIA Life Insurance Area Manager Salary 6 - 14 years exp. (9 salaries)	₹7.3 L/yr - ₹12.4 L/yr 23% more	7 job openings
Aviva Life Insurance India Area Manager Salary 14 - 19 years exp. (4 salaries)	₹8.5 L/yr - ₹11.2 L/yr 15% more
Bharti AXA Life Insurance Area Manager Salary 11 - 16 years exp. (4 salaries)	₹9.1 L/yr - ₹12.6 L/yr 16% more
Aditya Birla Sun Life Insurance Area Manager Salary 5 - 9 years exp. (5 salaries)	₹5 L/yr - ₹7.5 L/yr 26% less
Star Health & Allied Insurance Area Manager Salary 6 - 15 years exp. (4 salaries)	₹6.5 L/yr - ₹12.5 L/yr 34% more	1 job opening
ICICI Lombard General Insurance Company Area Manager Salary 4 - 13 years exp. (3 salaries)	₹9.7 L/yr - ₹17 L/yr 43% more

Area Manager salary at SBI Life Insurance Company ranges between ₹6.7 Lakhs to ₹13 Lakhs per year for employees with experience between 6 years to 19 years. Salary estimates are based on 15 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Area Manager salaries in Chennai

Last Updated: 21 Feb 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹13.6 L/yr
7 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹14 L/yr
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8 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.3 L/yr
9 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.5 L/yr
10 years (4 salaries)	₹7.1 L/yr - ₹10.5 L/yr
11 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹15.8 L/yr
12 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹10.5 L/yr
13 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr
14 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹11 L/yr
15+ years (4 salaries)	₹8.5 L/yr - ₹13 L/yr

View all

From

Area Manager

₹

Lakhs/yr

6 - 19 years exp.

Zonal Area Manager

₹

Lakhs/yr

12 - 21 years exp.

Area Manager 6 - 19 years exp.

Senior Area Manager 12 - 21 years exp.

51% hike

Zonal Area Manager 12 - 21 years exp.

58% 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

Business Manager Salary

(4 salaries)

₹6.25 L/yr - ₹8.5 L/yr

Branch Manager Salary

(3 salaries)

₹7.5 L/yr - ₹14 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

5.0

Rated by 2 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

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Salary Discussions, Hike & Promotions

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 Manager Salary FAQs

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

Area Manager salary at SBI Life Insurance Company in Chennai ranges between ₹6.7 Lakhs to ₹13.0 Lakhs for experience between 6 years to 19 years. According to our estimates it is 11% less than the average Area 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 Area Manager at SBI Life Insurance Company Chennai compare with the average salary range for this job?

The average salary of a Area Manager at SBI Life Insurance Company is 11% less than the average salary of a Area Manager in Chennai. To know exact salary insights, login to view.

What are the top skills required to work as a Area Manager at SBI Life Insurance Company?

Business Development, Area Management, Sales, Team Management and Channel Partners are some of the popular skills required to work as a Area Manager at SBI Life Insurance Company Chennai.

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

ICICI Lombard General Insurance Company Area Manager Salary - ₹9.7 Lakhs to ₹17.0 Lakhs per year
Star Health & Allied Insurance Area Manager Salary - ₹6.5 Lakhs to ₹12.5 Lakhs per year
Tata AIA Life Insurance Area Manager Salary - ₹7.3 Lakhs to ₹12.4 Lakhs per year
Bharti AXA Life Insurance Area Manager Salary - ₹9.1 Lakhs to ₹12.6 Lakhs per year
Aviva Life Insurance India Area Manager Salary - ₹8.5 Lakhs to ₹11.2 Lakhs per year

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

Bajaj Allianz Life Insurance Area Manager Salary - ₹6.0 Lakhs to ₹12.5 Lakhs per year
ICICI Prudential Life Insurance Area Manager Salary - ₹5.8 Lakhs to ₹11.2 Lakhs per year
Axis Max Life Insurance Area Manager Salary - ₹4.2 Lakhs to ₹10.8 Lakhs per year
Aditya Birla Sun Life Insurance Area Manager Salary - ₹5.0 Lakhs to ₹7.5 Lakhs per year

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

The estimated take-home salary of a Area Manager at SBI Life Insurance Company ranges between ₹66,362 per month to ₹68,059 per month in Chennai. The take-home salary calculation is based on the average SBI Life Insurance Company Area Manager salary in India which ranges between ₹6.7 Lakhs to ₹13.0 Lakhs per year for employees with experience between 6 years to 19 years. Check how did we calculate take home salary?

What is the notice period for Area Manager at SBI Life Insurance Company in Chennai?

According to AmbitionBox, 43% of the SBI Life Insurance Company Area Managers in Chennai reported a notice period of 2 Months, 43% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 14 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Area Manager Salaries in Chennai

SBI Life Insurance Company Area Manager salary in Chennai ranges between ₹6.7 Lakhs to ₹13 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.

SBI Life Insurance Company Area Manager salaries in Chennai (Updated 2025)

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

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

Experience wise SBI Life Insurance Company Area Manager salaries in Chennai

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

Area Manager in Jalgaon

Business Development Manager in Deoghar

Area Sales Manager in Vijayawada

Business Development Executive in Gangtok

Business Development Manager in Rajkot

SBI Life Insurance Company Area Manager Salary FAQs

Tell us how to improve this page.