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SBI Life Insurance Company Assistant Manager Operations salaries in India (Updated 2025)

Annual salary range
7 - 16 years exp.
₹4.1 Lakhs - ₹9.1 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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At par with the average Assistant Manager Operations Salary in Insurance Companies for 7 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Assistant Manager Operations Salary
7 - 16 years exp. (15 salaries)
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₹4.1 L/yr - ₹7.8 L/yr

Customer Success, Service & Operations
Assistant Manager Operations Salary
8 - 16 years exp. (11 salaries)
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₹6 L/yr - ₹9.1 L/yr

Data Science & Analytics
Assistant Manager Operations Salary
13 years exp. (AmbitionBox Estimate)
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₹5.2 L/yr - ₹6.5 L/yr

Last Updated: 1 Feb 2025

Companies similar to SBI Life Insurance Company for Assistant Manager Operations

Company name Avg Annual Salary Open Jobs
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MetLife Assistant Manager Operations Salary

7 - 12 years exp. (63 salaries)

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₹6.2 L/yr - ₹18.5 L/yr

arrow icon 63% more
1 job opening
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₹2.5 L/yr - ₹3.8 L/yr

arrow icon 50% less
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₹2.5 L/yr - ₹4.9 L/yr

arrow icon 46% less
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₹2.9 L/yr - ₹6.5 L/yr

arrow icon 30% less
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₹3.5 L/yr - ₹5.6 L/yr

arrow icon 30% less
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₹5.8 L/yr - ₹14.5 L/yr

arrow icon 38% more
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₹2.8 L/yr - ₹4 L/yr

arrow icon 49% less
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₹3.4 L/yr - ₹8.9 L/yr

arrow icon 13% less
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PNB MetLife Assistant Manager Operations Salary

3 - 16 years exp. (14 salaries)

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₹3.5 L/yr - ₹6.5 L/yr

arrow icon 30% less
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HDFC Life Assistant Manager Operations Salary

3 - 10 years exp. (14 salaries)

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₹3 L/yr - ₹6.4 L/yr

arrow icon 30% less
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₹3.6 L/yr - ₹6.5 L/yr

arrow icon 34% less
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₹3.8 L/yr - ₹5 L/yr

arrow icon 31% less
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₹2.5 L/yr - ₹3.9 L/yr

arrow icon 52% less
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Allianz Assistant Manager Operations Salary

8 - 14 years exp. (8 salaries)

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₹5.8 L/yr - ₹11.5 L/yr

arrow icon 26% more
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₹3.5 L/yr - ₹6.5 L/yr

arrow icon 21% less
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₹3.7 L/yr - ₹6.9 L/yr

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₹4 L/yr - ₹11.2 L/yr

arrow icon 13% more
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AIG Assistant Manager Operations Salary

9 - 11 years exp. (4 salaries)

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₹6.9 L/yr - ₹8.9 L/yr

arrow icon 18% more
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₹2.3 L/yr - ₹13 L/yr

arrow icon 5% less
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₹11 L/yr - ₹20 L/yr

arrow icon 152% more
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Assistant Manager Operations salary at SBI Life Insurance Company ranges between ₹4.1 Lakhs to ₹9.1 Lakhs per year for employees with experience between 7 years to 16 years. Salary estimates are based on 31 latest salaries received from various employees of SBI Life Insurance Company.

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

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16 years exp.
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14 years exp.
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13 years exp.
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16 years exp.
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14 years exp.
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9 years exp.

Experience wise SBI Life Insurance Company Assistant Manager Operations salaries

Last Updated: 1 Feb 2025

Experience Avg Annual Salary
7 years  (3 salaries)

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₹5.5 L/yr - ₹7.8 L/yr
8 years  (4 salaries)

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₹4.1 L/yr - ₹7.8 L/yr
9 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹7.5 L/yr
10 years (AmbitionBox Estimate)

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₹6.1 L/yr - ₹7.8 L/yr
11 years (AmbitionBox Estimate)

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₹5.8 L/yr - ₹12.2 L/yr
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Similar Designation salaries in SBI Life Insurance Company

Senior Associate Salary
(539 salaries)
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₹2.3 L/yr - ₹6.75 L/yr
Area Manager Salary
(246 salaries)
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₹5.4 L/yr - ₹14.5 L/yr
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₹2 L/yr - ₹4.5 L/yr
BDM Salary
(177 salaries)
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₹1.9 L/yr - ₹6.5 L/yr
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₹9 L/yr - ₹36.03 L/yr
Unit Manager Salary
(116 salaries)
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₹2 L/yr - ₹4.3 L/yr
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₹1.5 L/yr - ₹4.5 L/yr
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₹2.35 L/yr - ₹5.5 L/yr
Sales Executive Salary
(56 salaries)
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₹1 L/yr - ₹4.7 L/yr
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₹1.2 L/yr - ₹3.6 L/yr

Salary related reviews for SBI Life Insurance Company

3.1

Rated by 4 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 17 Jan 2024

1.0
 for  Salary and Benefits

Likes

Even though the salary in this company is very less as per the work, the salary is paid on time.

read more

Dislikes

In today's times, it is important to work to support my family properly, hence I give my 100% to this company so that someday my salary will increase but after working for more than 1 year, I am realizing that It is very difficult to move forward, here we have to work till late night due to which we are not able to give time to our family, and even after doing so much work, we get very low salary so that I cannot support my family properly. I don't know how to do it, even after working for more than 14 hours every day, I don't get any bonus also.

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 02 Nov 2023

4.0
 for  Salary and Benefits

Likes

Salary and benefits are supportive.

  • Salary - Good
  • +1 more

Dislikes

No work life balance. The sales team pushes things like hell specially in the eastern region of the country. Third Saturday is a leave according to the company's leave policies but we don't get that leave.

read more
  • Skill development - Poor
  • +4 more

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

  • Salary - Excellent
  • +4 more

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

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  • Job security - Poor

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 06 Nov 2023

1.0
 for  Salary and Benefits

Likes

...east HRs are doing basic work means many candidates carrier will not get spoil. My only suggestion for HRs in SBI life is please do the basic job for the salary what you are earning if not means don't purchase food or groceries for their family in that salary money

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Dislikes

Manager , Management, HR in India Bank bancassurance channel if anyone joins in SBI life means carrier will lost. Please ask those who are currently working in SBI life too

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  • Salary - Bad
  • +6 more

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.

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  • 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

read more
  • Work satisfaction - Poor
  • +2 more
see more salary related reviews

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SBI Life Insurance Company Assistant Manager Operations Salary FAQs

What is the salary of Assistant Manager Operations at SBI Life Insurance Company ?
The average salary of a Assistant Manager Operations at SBI Life Insurance Company in India typically ranges from ₹4.1 Lakhs to ₹9.1 Lakhs per year, depending on experience (from 7 years to 16 years).

The top 10% of Assistant Manager Operations at SBI Life Insurance Company earn more than ₹7.8 Lakhs per year, and the top 1% earn over ₹9.1 Lakhs per year. Assistant Manager 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 30+ SBI Life Insurance Company employees in India.
What is the estimated take home salary of a Assistant Manager Operations at SBI Life Insurance Company in India?
The estimated take-home salary of a Assistant Manager Operations at SBI Life Insurance Company in India typically ranges from ₹51,657 to ₹52,875 per month. This is based on the average salary range of ₹4.1 Lakhs to ₹9.1 Lakhs per year for employees with experience ranging from 7 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 30+ salaries received from various employees of SBI Life Insurance Company. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than SBI Life Insurance Company for Assistant Manager Operations in India?
Principal Global Services ₹11.0 Lakhs to ₹20.0 Lakhs per year
MetLife ₹6.2 Lakhs to ₹18.5 Lakhs per year
Tata AIA Life Insurance ₹5.8 Lakhs to ₹14.5 Lakhs per year
Allianz ₹5.8 Lakhs to ₹11.5 Lakhs per year
AIG ₹6.9 Lakhs to ₹8.9 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by SBI Life Insurance Company, depending on the role and experience level.
What is the salary of a Assistant Manager Operations in companies similar to SBI Life Insurance Company in India?
The salary of a Assistant Manager 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:

ICICI Lombard General Insurance Company ₹4.0 Lakhs to ₹11.2 Lakhs per year
Bajaj Allianz General Insurance ₹5.5 Lakhs to ₹7.2 Lakhs per year
Life Insurance Corporation of India ₹2.3 Lakhs to ₹13.0 Lakhs per year
Bajaj Allianz Life Insurance ₹3.4 Lakhs to ₹8.9 Lakhs per year
SBI General Insurance ₹3.7 Lakhs to ₹6.9 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 Operations at SBI Life Insurance Company in India?
The salary growth for a Assistant Manager Operations at SBI Life Insurance Company depends on factors such as experience, performance, and promotions. On average, a Assistant Manager Operations can expect the following growth trajectory at SBI Life Insurance Company:

Experience Average Salary Range
7 years ₹5.5 Lakhs to ₹7.8 Lakhs per year
8 years ₹4.1 Lakhs to ₹7.8 Lakhs per year
9 years ₹2.7 Lakhs to ₹7.5 Lakhs per year
10 years ₹6.1 Lakhs to ₹7.8 Lakhs per year
and so on.

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SBI Life Insurance Company Assistant Manager Operations salary in India ranges between ₹4.1 Lakhs to ₹9.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 31 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.