SBI Life Insurance Company Mumbai Assistant Manager 1 Salaries by 2 Employees

16 - 17 years exp.

₹7.2 Lakhs - ₹9.2 Lakhs

Low Confidence

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Last Updated: 9 Apr 2024

Companies similar to SBI Life Insurance Company for Assistant Manager 1 in Mumbai

SBI Life Insurance Company Assistant Manager 1 Salary

16 - 17 years exp. (AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindara Life Insurance Assistant Manager 1 Salary 2 - 5 years exp. (3 salaries)	₹3.1 L/yr - ₹3.5 L/yr 60% less
ICICI Bank Assistant Manager 1 Salary 0 - 5 years exp. (41 salaries)	₹2.1 L/yr - ₹5 L/yr 56% less
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Kotak Mahindra Bank Assistant Manager 1 Salary 0 - 6 years exp. (30 salaries)	₹2 L/yr - ₹4.2 L/yr 61% less
Equitas Small Finance Bank Assistant Manager 1 Salary 2 - 6 years exp. (6 salaries)	₹2.6 L/yr - ₹4.1 L/yr 58% less
CitiusTech Assistant Manager 1 Salary 5 - 8 years exp. (5 salaries)	₹5.1 L/yr - ₹8 L/yr 22% less

Assistant Manager 1 salary at SBI Life Insurance Company ranges between ₹7.2 Lakhs to ₹9.2 Lakhs per year for employees with experience between 16 years to 17 years. Salary estimates are based on 2 latest salaries received from various employees of SBI Life Insurance Company.

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Salary related reviews for SBI Life Insurance Company

Senior Associate in New Delhi

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 30 May 2022

3.0

for Salary and Benefits

Likes

Average work environment and culture . Teammates are supportive and the management is selfish. Company policies are bad . Appraisals not fair in this company.

Job security - Good

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is very slow

Work satisfaction - Poor

+2 more

Senior Associate in Jaipur

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 29 Apr 2018

3.0

for Salary and Benefits

Likes

Company is

Job security - Good

+1 more

Dislikes

Company is good but as per process of career growth, it is very slow. Company's salary structure is also not good. My salary is less than a person who is coming on my position which I had before 2 years

Senior Associate in Sultanpur

BFSI, Investments & Trading Department

5.0

• posted on 29 Oct 2020

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 salary hike and bonus every year.

Salary - Excellent

+6 more

Branch Manager in Kumta

BFSI, Investments & Trading Department

3.0

• posted on 18 Jun 2020

3.0

for Salary and Benefits

Likes

Salary hike 3 to 5 % per year.Providing petrol exp and telephone exp based on cader.

Dislikes

Lot of politics, no HR Control , career growth is slow, induction training will not conducted in proper time. No value and respect for out Commer. High volume pressure on target and mental irritation. No any value addition from reporting manager.

Job security - Bad

+4 more

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

see more salary related reviews

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2w (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 Assistant Manager 1 Salary FAQs

What is the notice period for Assistant Manager 1 at SBI Life Insurance Company in Mumbai?

According to AmbitionBox, 100% of the SBI Life Insurance Company Assistant Manager 1s in Mumbai reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Assistant Manager 1 Salaries in Mumbai

SBI Life Insurance Company Assistant Manager 1 salary in Mumbai ranges between ₹7.2 Lakhs to ₹9.2 Lakhs. This is an estimate based on latest salaries received from employees of SBI Life Insurance Company.