SBI Life Insurance Company Visakhapatnam Assistant Manager Operations Salaries by 4 Employees

13 - 16 years exp.

₹5.2 Lakhs - ₹6.4 Lakhs

Avg. annual salary

Monthly In-hand Salary

7% less than the average Assistant Manager Operations Salary in Insurance Companies for 13 - 16 years of experience

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Salaries in different departments

Customer Success, Service & Operations Assistant Manager Operations Salary 15 - 16 years exp. (AmbitionBox Estimate)	₹6.2 L/yr - ₹6.5 L/yr
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Data Science & Analytics Assistant Manager Operations Salary 13 years exp. (AmbitionBox Estimate)	₹5.2 L/yr - ₹6 L/yr

Last Updated: 17 Aug 2024

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

SBI Life Insurance Company Assistant Manager Operations Salary

13 - 16 years exp. (4 salaries)

₹5.2 L/yr - ₹6.4 L/yr

Company name	Avg Annual Salary	Open Jobs
WNS Assistant Manager Operations Salary 6 - 15 years exp. (45 salaries)	₹4 L/yr - ₹9 L/yr 3% more	6 job openings
Concentrix Corporation Assistant Manager Operations Salary 5 - 14 years exp. (40 salaries)	₹3.8 L/yr - ₹7.2 L/yr 12% less
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HSBC Group Assistant Manager Operations Salary 5 - 16 years exp. (29 salaries)	₹4.2 L/yr - ₹11.3 L/yr 26% more	1 job opening
HSBC Electronic Data Processing Assistant Manager Operations Salary 6 - 16 years exp. (13 salaries)	₹3.8 L/yr - ₹8.5 L/yr 9% more
Coromandel International Assistant Manager Operations Salary 1 - 7 years exp. (7 salaries)	₹4.6 L/yr - ₹7 L/yr 6% less

Assistant Manager Operations salary at SBI Life Insurance Company ranges between ₹5.2 Lakhs to ₹6.4 Lakhs per year for employees with experience between 13 years to 16 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 Operations salaries in Visakhapatnam

Last Updated: 17 Aug 2024

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
14 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
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15+ years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr

Similar Designation salaries in SBI Life Insurance Company

BDM Salary

(3 salaries)

₹2.5 L/yr - ₹4.6 L/yr

Salary related reviews for SBI Life Insurance Company

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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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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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 in Visakhapatnam?

The average salary of a Assistant Manager Operations at SBI Life Insurance Company in Visakhapatnam typically ranges from ₹5.2 Lakhs to ₹6.4 Lakhs per year, depending on experience (from 13 years to 16 years).

The top 10% of Assistant Manager Operations in Visakhapatnam at SBI Life Insurance Company earn more than ₹6.2 Lakhs per year, and the top 1% earn over ₹6.2 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 4 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 Visakhapatnam?

The estimated take-home salary of a Assistant Manager Operations at SBI Life Insurance Company in Visakhapatnam typically ranges from ₹47,769 to ₹48,900 per month. This is based on the average salary range of ₹5.2 Lakhs to ₹6.4 Lakhs per year for employees with experience ranging from 13 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 4 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?

HSBC Group	₹4.2 Lakhs to ₹11.3 Lakhs per year
HSBC Electronic Data Processing	₹3.8 Lakhs to ₹8.5 Lakhs per year
WNS	₹4.0 Lakhs to ₹9.0 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 Visakhapatnam?

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

Coromandel International	₹4.6 Lakhs to ₹7.0 Lakhs per year
Concentrix Corporation	₹3.8 Lakhs to ₹7.2 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 Visakhapatnam?

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

Experience	Average Salary Range
13 years	₹5.6 Lakhs to ₹7.2 Lakhs per year
14 years	₹5.6 Lakhs to ₹7.1 Lakhs per year
15 years	₹5.6 Lakhs to ₹7.1 Lakhs per year

and so on.

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SBI Life Insurance Company Assistant Manager Operations Salaries in Visakhapatnam

SBI Life Insurance Company Assistant Manager Operations salary in Visakhapatnam ranges between ₹5.2 Lakhs to ₹6.4 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.

SBI Life Insurance Company Assistant Manager Operations salaries in Visakhapatnam

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

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

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

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

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