SBI Life Insurance Company Assistant Manager Branch Operations Salaries by 6 Employees

5 - 16 years exp.

₹5.5 Lakhs - ₹7.4 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

62% more than the average Assistant Manager Branch Operations Salary in Insurance Companies for 5 - 16 years of experience

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Salaries in different departments

Customer Success, Service & Operations Assistant Manager Branch Operations Salary 6 - 15 years exp. (4 salaries)	₹5.5 L/yr - ₹7.3 L/yr
BFSI, Investments & Trading Assistant Manager Branch Operations Salary 5 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.7 L/yr
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Risk Management & Compliance Assistant Manager Branch Operations Salary 16 years exp. (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.1 L/yr

Last Updated: 22 Aug 2024

Companies similar to SBI Life Insurance Company for Assistant Manager Branch Operations

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindara Life Insurance Assistant Manager Branch Operations Salary 0 - 5 years exp. (21 salaries)	₹2.5 L/yr - ₹3.8 L/yr 52% less
Reliance Nippon Life Insurance Assistant Manager Branch Operations Salary 7 - 14 years exp. (4 salaries)	₹3.9 L/yr - ₹7.7 L/yr 30% less
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Aditya Birla Sun Life Insurance Assistant Manager Branch Operations Salary 1 - 9 years exp. (4 salaries)	₹2.7 L/yr - ₹3.1 L/yr 56% less
IDFC FIRST Bank Assistant Manager Branch Operations Salary 4 - 8 years exp. (10 salaries)	₹3.5 L/yr - ₹4 L/yr 41% less
Muthoot Housing Finance Company Assistant Manager Branch Operations Salary 0 - 9 years exp. (10 salaries)	₹2.8 L/yr - ₹3.9 L/yr 47% less

Assistant Manager Branch Operations salary at SBI Life Insurance Company ranges between ₹5.5 Lakhs to ₹7.4 Lakhs per year for employees with experience between 5 years to 16 years. Salary estimates are based on 6 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Assistant Manager Branch Operations salaries

Last Updated: 22 Aug 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
6 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
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7 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
8 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
9 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
10 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
11 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.6 L/yr
12 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
13 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
14 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
15+ years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.5 L/yr

View all

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Salary related reviews for SBI Life Insurance Company

Agency Manager in Hyderabad / Secunderabad

Full Time

Sales & Business Development Department

1.0

• posted on 27 Jun 2023

1.0

for Salary and Benefits

Likes

Good organisation for learning Training provide by that organisation is very good Customer service is nice Chain of branch is very good..

Skill development - Good

Dislikes

...ale without competition Senior manager always gives pressure to unit manager.. They earn 6 digit salary and lower staff salary is only 20k... promote product Boucher to investment own money...mea If you join that organisation get ready for so much pressure with low salary

Salary - Bad

+5 more

Agency Manager in Dharamshala

Human Resources Department

5.0

• posted on 25 May 2022

5.0

for Salary and Benefits

Likes

Job security depends on your working If u are doing well on all parameters your job is secured company is employees oriented salary hike is only on your promotion

Salary - Excellent

+6 more

Dislikes

Management is good salary hike is depend on your promotion that is the major problem in this company career growth is depends upon your promotion. And training is given by the company on all parameters

Senior Agency Manager in KATIHAR , Bihar

BFSI, Investments & Trading Department

5.0

• posted on 06 Aug 2020

5.0

for Salary and Benefits

Likes

Digital platform for field sales force and preventive step to stop bogus insurance. Always supportive guidance by Higher management/official .

Salary - Excellent

+6 more

Dislikes

Salary increments system is not satisfactory. A FLSM who fulfill NBP criteria but miss his/her promotion due to nominal margin of Persistancy they are not eligible to get beneficial of Salary increments .

Agency Manager in Bilaspur

Sales & Business Development Department

5.0

• posted on 02 Apr 2020

2.0

for Salary and Benefits

Likes

SBI life Insurance is a very good company regarding salary growth working environment learning but politics is overwhelming in this company your long time survival depends allways on the bosses will' that should be taken care by the company. what is review? it's is kind of where you are lacking and where should improve but Review means here do or die. perform or perish.in this way sbi is loosing Good hardworking and skillful workers.

Work-life balance - Good

Dislikes

everything is ok in sbi there is to much of review

Salary - Poor

+2 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

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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 Assistant Manager Branch Operations Salary FAQs

What is the salary of Assistant Manager Branch Operations at SBI Life Insurance Company ?

The average salary of a Assistant Manager Branch Operations at SBI Life Insurance Company in India typically ranges from ₹5.5 Lakhs to ₹7.4 Lakhs per year, depending on experience (from 5 years to 16 years).

The top 10% of Assistant Manager Branch Operations at SBI Life Insurance Company earn more than ₹7.4 Lakhs per year, and the top 1% earn over ₹7.4 Lakhs per year. Assistant Manager Branch Operations 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 6 SBI Life Insurance Company employees in India.

What is the estimated take home salary of a Assistant Manager Branch Operations at SBI Life Insurance Company in India?

The estimated take-home salary of a Assistant Manager Branch Operations at SBI Life Insurance Company in India typically ranges from ₹49,800 to ₹50,976 per month. This is based on the average salary range of ₹5.5 Lakhs to ₹7.4 Lakhs per year for employees with experience ranging from 5 years to 16 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 6 salaries received from various employees of SBI Life Insurance Company. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Assistant Manager Branch Operations in companies similar to SBI Life Insurance Company in India?

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

Reliance Nippon Life Insurance	₹3.9 Lakhs to ₹7.7 Lakhs per year
IDFC FIRST Bank	₹3.5 Lakhs to ₹4.0 Lakhs per year
Muthoot Housing Finance Company	₹2.8 Lakhs to ₹3.9 Lakhs per year
Kotak Mahindara Life Insurance	₹2.5 Lakhs to ₹3.8 Lakhs per year
Aditya Birla Sun Life Insurance	₹2.7 Lakhs to ₹3.1 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 Assistant Manager Branch Operations at SBI Life Insurance Company in India?

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

Experience	Average Salary Range
5 years	₹5.0 Lakhs to ₹6.4 Lakhs per year
6 years	₹5.2 Lakhs to ₹6.6 Lakhs per year
7 years	₹5.3 Lakhs to ₹6.8 Lakhs per year
8 years	₹5.5 Lakhs to ₹7.0 Lakhs per year

and so on.

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SBI Life Insurance Company Assistant Manager Branch Operations Salaries

SBI Life Insurance Company Assistant Manager Branch Operations salary in India ranges between ₹5.5 Lakhs to ₹7.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

SBI Life Insurance Company Assistant Manager Branch Operations salaries in India

Companies similar to SBI Life Insurance Company for Assistant Manager Branch Operations

Latest annual salaries shared by SBI Life Insurance Company Assistant Manager Branch Operations

Experience wise SBI Life Insurance Company Assistant Manager Branch Operations salaries

Similar Designation salaries in SBI Life Insurance Company

Salary related reviews for SBI Life Insurance Company

Agency Manager in Hyderabad / Secunderabad

Agency Manager in Dharamshala

Senior Agency Manager in KATIHAR , Bihar

Agency Manager in Bilaspur

Branch Manager in Kumta

SBI Life Insurance Company Assistant Manager Branch Operations Salary FAQs

Tell us how to improve this page.