SBI Life Insurance Company Mumbai Assistant Manager Operations Salaries by 5 Employees (Updated 2025)

7 - 13 years exp.

₹5.5 Lakhs - ₹7.8 Lakhs

Salary of majority employees

At par with the average Assistant Manager Operations Salary in Insurance Companies for 7 - 13 years of experience

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Last Updated: 14 Mar 2023

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

SBI Life Insurance Company Assistant Manager Operations Salary

7 - 13 years exp. (5 salaries)

₹5.5 L/yr - ₹7.8 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Assistant Manager Operations Salary 2 - 12 years exp. (6 salaries)	₹4 L/yr - ₹5.6 L/yr 28% less
HDFC Life Assistant Manager Operations Salary 5 - 10 years exp. (7 salaries)	₹4 L/yr - ₹6.4 L/yr 25% less
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Kotak Mahindara Life Insurance Assistant Manager Operations Salary 1 - 5 years exp. (7 salaries)	₹2.5 L/yr - ₹3.6 L/yr 52% less
Tata AIA Life Insurance Assistant Manager Operations Salary 2 - 12 years exp. (6 salaries)	₹6 L/yr - ₹14.2 L/yr 39% more
Aditya Birla Health Insurance Co Assistant Manager Operations Salary 3 - 9 years exp. (12 salaries)	₹4 L/yr - ₹6.5 L/yr 28% less

Assistant Manager Operations salary at SBI Life Insurance Company ranges between ₹5.5 Lakhs to ₹7.8 Lakhs per year for employees with experience between 7 years to 13 years. Salary estimates are based on 5 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Assistant Manager Operations salaries in Mumbai

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹12.3 L/yr
8 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
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9 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
10 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹7.8 L/yr
11 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹12.2 L/yr
12 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.7 L/yr
13 years (AmbitionBox Estimate)	₹6 L/yr - ₹12.1 L/yr

View all

Similar Designation salaries in SBI Life Insurance Company

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Area Manager Salary

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Sales Executive Salary

(7 salaries)

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Senior Associate Operations Salary

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Salary related reviews for SBI Life Insurance Company

5.0

Rated by 1 employees for salary & benefits

Sales Support Associate in Kishanganj

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.

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.

Salary - Bad

+4 more

Management Trainee in Kolkata

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.

Skill development - Poor

+4 more

Business Development Executive in Gangtok

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

Job security - Poor

BDM in Salem

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

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

Salary - Bad

+6 more

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

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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 Operations Salary FAQs

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

Assistant Manager Operations salary at SBI Life Insurance Company in Mumbai ranges between ₹5.5 Lakhs to ₹7.8 Lakhs for experience between 7 years to 13 years. According to our estimates it is 3% more than the average Assistant Manager Operations Salary in India. Salary estimates are based on 5 latest salaries received from various employees of SBI Life Insurance Company Mumbai.

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

The average salary of a Assistant Manager Operations at SBI Life Insurance Company is 3% more than the average salary of a Assistant Manager Operations in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than SBI Life Insurance Company to a Assistant Manager Operations in Mumbai?

Tata AIA Life Insurance Assistant Manager Operations Salary - ₹6.0 Lakhs to ₹14.2 Lakhs per year

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

HDFC Life Assistant Manager Operations Salary - ₹4.0 Lakhs to ₹6.4 Lakhs per year
ICICI Prudential Life Insurance Assistant Manager Operations Salary - ₹4.0 Lakhs to ₹5.6 Lakhs per year
Aditya Birla Health Insurance Co Assistant Manager Operations Salary - ₹4.0 Lakhs to ₹6.5 Lakhs per year
Kotak Mahindara Life Insurance Assistant Manager Operations Salary - ₹2.5 Lakhs to ₹3.6 Lakhs per year

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

The estimated take-home salary of a Assistant Manager Operations at SBI Life Insurance Company ranges between ₹51,546 per month to ₹52,761 per month in Mumbai. The take-home salary calculation is based on the average SBI Life Insurance Company Assistant Manager Operations salary in India which ranges between ₹5.5 Lakhs to ₹7.8 Lakhs per year for employees with experience between 7 years to 13 years. Check how did we calculate take home salary?

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SBI Life Insurance Company Assistant Manager Operations Salaries in Mumbai

SBI Life Insurance Company Assistant Manager Operations salary in Mumbai ranges between ₹5.5 Lakhs to ₹7.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

SBI Life Insurance Company Assistant Manager Operations salaries in Mumbai

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

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

Experience wise SBI Life Insurance Company Assistant Manager Operations salaries in Mumbai

Similar Designation salaries in SBI Life Insurance Company

Salary related reviews for SBI Life Insurance Company

Sales Support Associate in Kishanganj

Management Trainee in Kolkata

Business Development Executive in Gangtok

BDM in Salem

Senior Associate in New Delhi

SBI Life Insurance Company Assistant Manager Operations Salary FAQs

Tell us how to improve this page.