SBI Life Insurance Company Vijayawada Area Manager Salaries by 9 Employees (Updated 2024)

11 - 17 years exp.

₹7.3 Lakhs - ₹12.5 Lakhs

Salary of majority employees

10% less than the average Area Manager Salary in Insurance Companies for 11 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Manager Salary 11 - 17 years exp. (5 salaries)	₹7.3 L/yr - ₹11 L/yr
Login to view exact salary
Sales & Business Development Area Manager Salary 14 - 16 years exp. (4 salaries)	₹7.9 L/yr - ₹12.5 L/yr

Last Updated: 23 Oct 2024

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

SBI Life Insurance Company Area Manager Salary

11 - 17 years exp. (9 salaries)

₹7.3 L/yr - ₹12.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Max Life Insurance Area Manager Salary 11 - 15 years exp. (3 salaries)	₹6.6 L/yr - ₹13 L/yr 11% less	13 job openings
Muthoot Fincorp Area Manager Salary 10 - 18 years exp. (10 salaries)	₹4.1 L/yr - ₹9 L/yr 20% less	1 job opening
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Safexpress Area Manager Salary 6 - 15 years exp. (10 salaries)	₹6.3 L/yr - ₹11 L/yr 11% less
Legrand Area Manager Salary 13 - 18 years exp. (6 salaries)	₹12.6 L/yr - ₹22 L/yr 64% more
LG Electronics Area Manager Salary 8 - 15 years exp. (6 salaries)	₹12 L/yr - ₹17 L/yr 46% more

Area Manager salary at SBI Life Insurance Company ranges between ₹7.3 Lakhs to ₹12.5 Lakhs per year for employees with experience between 11 years to 17 years. Salary estimates are based on 9 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Area Manager salaries in Vijayawada

Last Updated: 23 Oct 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹11 L/yr
12 years (AmbitionBox Estimate)	₹8 L/yr - ₹11 L/yr
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13 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.9 L/yr
14 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹10.5 L/yr
15+ years (4 salaries)	₹7.3 L/yr - ₹12.5 L/yr

From

Area Manager

₹

Lakhs/yr

6 - 18 years exp.

Zonal Area Manager

₹

Lakhs/yr

14 - 22 years exp.

Area Manager 6 - 18 years exp.

Senior Area Manager 12 - 21 years exp.

57% hike

Zonal Area Manager 14 - 22 years exp.

61% 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

Unit Manager Salary

(3 salaries)

₹2.1 L/yr - ₹2.65 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

2.0

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.

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.

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.

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

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

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

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.

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.

see more salary related reviews

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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SBI Life Insurance Company Area Manager Salary FAQs

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

Area Manager salary at SBI Life Insurance Company in Vijayawada ranges between ₹7.3 Lakhs to ₹12.5 Lakhs for experience between 11 years to 17 years. According to our estimates it is 10% less than the average Area Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of SBI Life Insurance Company Vijayawada.

How does the salary of a Area Manager at SBI Life Insurance Company Vijayawada 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 Vijayawada. 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 Vijayawada.

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

Legrand Area Manager Salary - ₹12.6 Lakhs to ₹22.0 Lakhs per year
LG Electronics Area Manager Salary - ₹12.0 Lakhs to ₹17.0 Lakhs per year

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

Safexpress Area Manager Salary - ₹6.3 Lakhs to ₹11.0 Lakhs per year
Max Life Insurance Area Manager Salary - ₹6.6 Lakhs to ₹13.0 Lakhs per year
Muthoot Fincorp Area Manager Salary - ₹4.1 Lakhs to ₹9.0 Lakhs per year

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

The estimated take-home salary of a Area Manager at SBI Life Insurance Company ranges between ₹67,224 per month to ₹68,945 per month in Vijayawada. The take-home salary calculation is based on the average SBI Life Insurance Company Area Manager salary in India which ranges between ₹7.3 Lakhs to ₹12.5 Lakhs per year for employees with experience between 11 years to 17 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 80% of the SBI Life Insurance Company Area Managers in Vijayawada reported a notice period of 1 Month, 20% reported a notice period of 3 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Area Manager Salaries in Vijayawada

SBI Life Insurance Company Area Manager salary in Vijayawada ranges between ₹7.3 Lakhs to ₹12.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.