SBI Life Insurance Company New Delhi Area Manager Salaries by 20+ Employees (Updated 2025)

6 - 18 years exp.

₹6.1 Lakhs - ₹12.8 Lakhs

Salary of majority employees

10% 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 7 - 15 years exp. (8 salaries)	₹8.5 L/yr - ₹10 L/yr
Sales & Business Development Area Manager Salary 7 - 17 years exp. (8 salaries)	₹6.1 L/yr - ₹12.8 L/yr
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Marketing & Communication Area Manager Salary 6 - 17 years exp. (3 salaries)	₹7.5 L/yr - ₹12.5 L/yr
Customer Success, Service & Operations Area Manager Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹7 L/yr - ₹10.5 L/yr

Last Updated: 21 Nov 2024

Companies similar to SBI Life Insurance Company for Area Manager in New Delhi

SBI Life Insurance Company Area Manager Salary

6 - 18 years exp. (26 salaries)

₹6.1 L/yr - ₹12.8 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Area Manager Salary 3 - 16 years exp. (48 salaries)	₹7 L/yr - ₹12 L/yr 6% more	15 job openings
Max Life Insurance Area Manager Salary 5 - 14 years exp. (21 salaries)	₹5.5 L/yr - ₹11.5 L/yr 15% less	3 job openings
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Bajaj Allianz Life Insurance Area Manager Salary 5 - 17 years exp. (10 salaries)	₹5.8 L/yr - ₹16.5 L/yr 11% more
Tata AIA Life Insurance Area Manager Salary 6 - 17 years exp. (34 salaries)	₹7.5 L/yr - ₹15.5 L/yr 28% more	10 job openings
Reliance Nippon Life Insurance Area Manager Salary 13 - 18 years exp. (6 salaries)	₹10 L/yr - ₹21.4 L/yr 65% more
Aviva Life Insurance India Area Manager Salary 14 - 16 years exp. (3 salaries)	₹9 L/yr - ₹14 L/yr 25% more
Bharti AXA Life Insurance Area Manager Salary 8 - 15 years exp. (3 salaries)	₹7.5 L/yr - ₹16.5 L/yr 41% more
ICICI Lombard General Insurance Company Area Manager Salary 3 - 15 years exp. (17 salaries)	₹8 L/yr - ₹17.2 L/yr 28% more
Aditya Birla Sun Life Insurance Area Manager Salary 3 - 9 years exp. (8 salaries)	₹5.5 L/yr - ₹7 L/yr 26% less
Bajaj Allianz General Insurance Area Manager Salary 9 - 14 years exp. (6 salaries)	₹7.7 L/yr - ₹12 L/yr 11% more	1 job opening
HDFC Ergo General Insurance Area Manager Salary 9 - 18 years exp. (5 salaries)	₹6 L/yr - ₹12.5 L/yr 2% less
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Star Health & Allied Insurance Area Manager Salary 8 - 18 years exp. (5 salaries)	₹8.8 L/yr - ₹19.4 L/yr 38% more	1 job opening
Aditya Birla Health Insurance Co Area Manager Salary 10 - 15 years exp. (3 salaries)	₹10 L/yr - ₹16.5 L/yr 14% more

Area Manager salary at SBI Life Insurance Company ranges between ₹6.1 Lakhs to ₹12.8 Lakhs per year for employees with experience between 6 years to 18 years. Salary estimates are based on 26 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Area Manager salaries in New Delhi

Last Updated: 21 Nov 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹13.7 L/yr
7 years (3 salaries)	₹6.1 L/yr - ₹8.5 L/yr
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8 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
9 years (AmbitionBox Estimate)	₹7 L/yr - ₹15 L/yr
10 years (AmbitionBox Estimate)	₹7 L/yr - ₹15.4 L/yr
11 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹15.9 L/yr
12 years (5 salaries)	₹7.5 L/yr - ₹12.1 L/yr
13 years (3 salaries)	₹3.7 L/yr - ₹10 L/yr
14 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.3 L/yr
15+ years (8 salaries)	₹7.5 L/yr - ₹12.8 L/yr

View all

From

Area Manager

₹

Lakhs/yr

6 - 18 years exp.

Zonal Area Manager

₹

Lakhs/yr

12 - 21 years exp.

Area Manager 6 - 18 years exp.

Senior Area Manager 12 - 21 years exp.

55% hike

Zonal Area Manager 12 - 21 years exp.

57% 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

Branch Manager Salary

(6 salaries)

₹7.5 L/yr - ₹12.5 L/yr

Territory Manager Salary

(4 salaries)

₹5.25 L/yr - ₹6 L/yr

Marketing Manager Salary

(3 salaries)

₹4 L/yr - ₹10.98 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

3.2

Rated by 7 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

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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SBI Life Insurance Company Area Manager Salary FAQs

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

Area Manager salary at SBI Life Insurance Company in New Delhi ranges between ₹6.1 Lakhs to ₹12.8 Lakhs for experience between 6 years to 18 years. According to our estimates it is 10% less than the average Area Manager Salary in India. Salary estimates are based on 26 latest salaries received from various employees of SBI Life Insurance Company New Delhi.

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

The average salary of a Area Manager at SBI Life Insurance Company is 10% less than the average salary of a Area Manager in New Delhi. 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 New Delhi.

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

Reliance Nippon Life Insurance Area Manager Salary - ₹10.0 Lakhs to ₹21.4 Lakhs per year
Bharti AXA Life Insurance Area Manager Salary - ₹7.5 Lakhs to ₹16.5 Lakhs per year
Star Health & Allied Insurance Area Manager Salary - ₹8.8 Lakhs to ₹19.4 Lakhs per year
ICICI Lombard General Insurance Company Area Manager Salary - ₹8.0 Lakhs to ₹17.2 Lakhs per year
Tata AIA Life Insurance Area Manager Salary - ₹7.5 Lakhs to ₹15.5 Lakhs per year

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

Aviva Life Insurance India Area Manager Salary - ₹9.0 Lakhs to ₹14.0 Lakhs per year
Aditya Birla Health Insurance Co Area Manager Salary - ₹10.0 Lakhs to ₹16.5 Lakhs per year
Bajaj Allianz Life Insurance Area Manager Salary - ₹5.8 Lakhs to ₹16.5 Lakhs per year
Bajaj Allianz General Insurance Area Manager Salary - ₹7.7 Lakhs to ₹12.0 Lakhs per year
ICICI Prudential Life Insurance Area Manager Salary - ₹7.0 Lakhs to ₹12.0 Lakhs per year

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

The estimated take-home salary of a Area Manager at SBI Life Insurance Company ranges between ₹65,925 per month to ₹67,610 per month in New Delhi. The take-home salary calculation is based on the average SBI Life Insurance Company Area Manager salary in India which ranges between ₹6.1 Lakhs to ₹12.8 Lakhs per year for employees with experience between 6 years to 18 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 56% of the SBI Life Insurance Company Area Managers in New Delhi reported a notice period of 3 Months, 33% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 18 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Area Manager Salaries in New Delhi

SBI Life Insurance Company Area Manager salary in New Delhi ranges between ₹6.1 Lakhs to ₹12.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 26 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.