SBI Life Insurance Company Mumbai Assistant Manager II Salaries by 2 Employees (Updated 2025)

5 - 6 years exp.

₹4.7 Lakhs - ₹6 Lakhs

Low Confidence

Salary of majority employees

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Last Updated: 12 Dec 2023

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

SBI Life Insurance Company Assistant Manager II Salary

5 - 6 years exp. (AmbitionBox Estimate)

₹4.7 L/yr - ₹6 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Assistant Manager II Salary 0 - 8 years exp. (203 salaries)	₹2.8 L/yr - ₹7 L/yr 22% less
DCB Bank Assistant Manager II Salary 0 - 7 years exp. (43 salaries)	₹2.3 L/yr - ₹5.3 L/yr 31% less
Login to view exact salary
Citicorp Assistant Manager II Salary 2 - 12 years exp. (26 salaries)	₹11 L/yr - ₹20.8 L/yr 198% more
Utkarsh Small Finance Bank Assistant Manager II Salary 3 - 11 years exp. (20 salaries)	₹3.8 L/yr - ₹6 L/yr 11% less
MagicBricks Assistant Manager II Salary 2 - 8 years exp. (19 salaries)	₹4.3 L/yr - ₹4.3 L/yr 20% less

Assistant Manager II salary at SBI Life Insurance Company ranges between ₹4.7 Lakhs to ₹6 Lakhs per year for employees with experience between 5 years to 6 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

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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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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SBI Life Insurance Company Assistant Manager II Salary FAQs

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

According to AmbitionBox, 67% of the SBI Life Insurance Company Assistant Manager IIs in Mumbai reported a notice period of 2 Months, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Assistant Manager II Salaries in Mumbai

SBI Life Insurance Company Assistant Manager II salary in Mumbai ranges between ₹4.7 Lakhs to ₹6 Lakhs. This is an estimate based on latest salaries received from employees of SBI Life Insurance Company.