SBI Life Insurance Company Assistant Manager II Salaries by 4 Employees (Updated 2025)

4 - 6 years exp.

₹5.3 Lakhs - ₹5.5 Lakhs

Low Confidence

Salary of majority employees

At par with the average Assistant Manager II Salary in Insurance Companies for 4 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager II Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹4.7 L/yr - ₹5.8 L/yr
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Customer Success, Service & Operations Assistant Manager II Salary 4 years exp. (AmbitionBox Estimate)	₹4.7 L/yr - ₹5.8 L/yr

Last Updated: 17 Aug 2024

Companies similar to SBI Life Insurance Company for Assistant Manager II

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Assistant Manager II Salary 0 - 5 years exp. (4 salaries)	₹3.8 L/yr - ₹5.4 L/yr 11% less
HDFC Ergo General Insurance Assistant Manager II Salary 2 - 5 years exp. (3 salaries)	₹3.2 L/yr - ₹4 L/yr 34% less
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ICICI Bank Assistant Manager II Salary 0 - 8 years exp. (1.1k salaries)	₹2.6 L/yr - ₹7 L/yr 20% less
DCB Bank Assistant Manager II Salary 0 - 8 years exp. (174 salaries)	₹2 L/yr - ₹5.5 L/yr 30% less
Utkarsh Small Finance Bank Assistant Manager II Salary 2 - 11 years exp. (131 salaries)	₹3 L/yr - ₹6.1 L/yr 9% less

Assistant Manager II salary at SBI Life Insurance Company ranges between ₹5.3 Lakhs to ₹5.5 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Assistant Manager II salaries

Last Updated: 17 Aug 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹5.5 L/yr
5 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹9.5 L/yr
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6 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹5.3 L/yr

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Salary related reviews for SBI Life Insurance Company

3.0

Rated by 1 employees for salary & benefits

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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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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SBI Life Insurance Company Assistant Manager II Salary FAQs

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

Assistant Manager II salary at SBI Life Insurance Company in India ranges between ₹5.3 Lakhs to ₹5.5 Lakhs for experience between 4 years to 6 years. According to our estimates it is 4% less than the average Assistant Manager II Salary in India. Salary estimates are based on 4 latest salaries received from various employees of SBI Life Insurance Company India.

How does the salary of a Assistant Manager II at SBI Life Insurance Company India compare with the average salary range for this job?

The average salary of a Assistant Manager II at SBI Life Insurance Company is 4% less than the average salary of a Assistant Manager II in India. To know exact salary insights, login to view.

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

Utkarsh Small Finance Bank Assistant Manager II Salary - ₹3.0 Lakhs to ₹6.1 Lakhs per year
ICICI Prudential Life Insurance Assistant Manager II Salary - ₹3.8 Lakhs to ₹5.4 Lakhs per year
ICICI Bank Assistant Manager II Salary - ₹2.6 Lakhs to ₹7.0 Lakhs per year
DCB Bank Assistant Manager II Salary - ₹2.0 Lakhs to ₹5.5 Lakhs per year
HDFC Ergo General Insurance Assistant Manager II Salary - ₹3.2 Lakhs to ₹4.0 Lakhs per year

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

The estimated take-home salary of a Assistant Manager II at SBI Life Insurance Company ranges between ₹40,045 per month to ₹41,209 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Assistant Manager II salary in India which ranges between ₹5.3 Lakhs to ₹5.5 Lakhs per year for employees with experience between 4 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager II at SBI Life Insurance Company?

According to AmbitionBox, 40% of the SBI Life Insurance Company Assistant Manager IIs reported a notice period of 1 Month, 40% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Assistant Manager II Salaries

SBI Life Insurance Company Assistant Manager II salary in India ranges between ₹5.3 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.