SBI Life Insurance Company Assistant Manager Underwriting Salaries by 7 Employees (Updated 2025)

9 - 15 years exp.

₹5.1 Lakhs - ₹7.8 Lakhs

Low Confidence

Salary of majority employees

10% more than the average Assistant Manager Underwriting Salary in Insurance Companies for 9 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager Underwriting Salary 10 - 15 years exp. (5 salaries)	₹5.1 L/yr - ₹7.8 L/yr
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Customer Success, Service & Operations Assistant Manager Underwriting Salary 9 - 11 years exp. (AmbitionBox Estimate)	₹6.5 L/yr - ₹7.5 L/yr

Last Updated: 17 Mar 2023

Companies similar to SBI Life Insurance Company for Assistant Manager Underwriting

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Assistant Manager Underwriting Salary 2 - 6 years exp. (6 salaries)	₹4.8 L/yr - ₹6.2 L/yr 23% less
Max Life Insurance Assistant Manager Underwriting Salary 0 - 8 years exp. (5 salaries)	₹3 L/yr - ₹5 L/yr 42% less
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Bajaj Allianz Life Insurance Assistant Manager Underwriting Salary 5 - 6 years exp. (4 salaries)	₹6.5 L/yr - ₹6.9 L/yr 5% less
Tata AIA Life Insurance Assistant Manager Underwriting Salary 7 - 18 years exp. (6 salaries)	₹6.4 L/yr - ₹11.5 L/yr 33% more	2 job openings
PNB MetLife Assistant Manager Underwriting Salary 2 - 6 years exp. (7 salaries)	₹5.1 L/yr - ₹7.2 L/yr 17% less
Bajaj Allianz General Insurance Assistant Manager Underwriting Salary 4 - 15 years exp. (7 salaries)	₹6.5 L/yr - ₹9 L/yr 5% more
SBI General Insurance Assistant Manager Underwriting Salary 2 - 14 years exp. (4 salaries)	₹5.3 L/yr - ₹9 L/yr 1% less
Aditya Birla Health Insurance Co Assistant Manager Underwriting Salary 4 - 9 years exp. (4 salaries)	₹6.1 L/yr - ₹8.5 L/yr 1% more
Star Health & Allied Insurance Assistant Manager Underwriting Salary 8 - 11 years exp. (4 salaries)	₹4.8 L/yr - ₹5.6 L/yr 28% less
HDFC Ergo General Insurance Assistant Manager Underwriting Salary 0 - 3 years exp. (3 salaries)	₹5.7 L/yr - ₹8.2 L/yr 4% more

Assistant Manager Underwriting salary at SBI Life Insurance Company ranges between ₹5.1 Lakhs to ₹7.8 Lakhs per year for employees with experience between 9 years to 15 years. Salary estimates are based on 7 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Assistant Manager Underwriting salaries

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹7.5 L/yr
10 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹12.7 L/yr
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11 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹7.5 L/yr
12 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹7.8 L/yr
13 years (AmbitionBox Estimate)	₹6 L/yr - ₹12.1 L/yr
14 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.6 L/yr
15+ years (AmbitionBox Estimate)	₹6 L/yr - ₹11.8 L/yr

View all

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Senior Divisional Manager Salary

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Branch Head Salary

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Underwriter Salary

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₹2.5 L/yr - ₹7.3 L/yr

Branch Sales Manager Salary

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₹5 L/yr - ₹13 L/yr

Salary related reviews for SBI Life Insurance Company

4.8

Rated by 2 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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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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SBI Life Insurance Company Assistant Manager Underwriting Salary FAQs

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

Assistant Manager Underwriting salary at SBI Life Insurance Company in India ranges between ₹5.1 Lakhs to ₹7.8 Lakhs for experience between 9 years to 15 years. According to our estimates it is 10% more than the average Assistant Manager Underwriting Salary in India. Salary estimates are based on 7 latest salaries received from various employees of SBI Life Insurance Company India.

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

The average salary of a Assistant Manager Underwriting at SBI Life Insurance Company is 10% more than the average salary of a Assistant Manager Underwriting in India. To know exact salary insights, login to view.

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

Tata AIA Life Insurance Assistant Manager Underwriting Salary - ₹6.4 Lakhs to ₹11.5 Lakhs per year
Bajaj Allianz General Insurance Assistant Manager Underwriting Salary - ₹6.5 Lakhs to ₹9.0 Lakhs per year
HDFC Ergo General Insurance Assistant Manager Underwriting Salary - ₹5.7 Lakhs to ₹8.2 Lakhs per year
Aditya Birla Health Insurance Co Assistant Manager Underwriting Salary - ₹6.1 Lakhs to ₹8.5 Lakhs per year

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

SBI General Insurance Assistant Manager Underwriting Salary - ₹5.3 Lakhs to ₹9.0 Lakhs per year
Bajaj Allianz Life Insurance Assistant Manager Underwriting Salary - ₹6.5 Lakhs to ₹6.9 Lakhs per year
PNB MetLife Assistant Manager Underwriting Salary - ₹5.1 Lakhs to ₹7.2 Lakhs per year
ICICI Prudential Life Insurance Assistant Manager Underwriting Salary - ₹4.8 Lakhs to ₹6.2 Lakhs per year
Star Health & Allied Insurance Assistant Manager Underwriting Salary - ₹4.8 Lakhs to ₹5.6 Lakhs per year

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

The estimated take-home salary of a Assistant Manager Underwriting at SBI Life Insurance Company ranges between ₹53,037 per month to ₹54,357 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Assistant Manager Underwriting salary in India which ranges between ₹5.1 Lakhs to ₹7.8 Lakhs per year for employees with experience between 9 years to 15 years. Check how did we calculate take home salary?

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SBI Life Insurance Company Assistant Manager Underwriting Salaries

SBI Life Insurance Company Assistant Manager Underwriting salary in India ranges between ₹5.1 Lakhs to ₹7.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

SBI Life Insurance Company Assistant Manager Underwriting salaries in India

Companies similar to SBI Life Insurance Company for Assistant Manager Underwriting

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

Experience wise SBI Life Insurance Company Assistant Manager Underwriting salaries

Similar Designation salaries in SBI Life Insurance Company

Salary related reviews for SBI Life Insurance Company

Agency Manager in Hyderabad / Secunderabad

Agency Manager in Dharamshala

Senior Agency Manager in KATIHAR , Bihar

Agency Manager in Bilaspur

Branch Manager in Kumta

SBI Life Insurance Company Assistant Manager Underwriting Salary FAQs

Tell us how to improve this page.

SBI Life Insurance Company Assistant Manager Underwriting Salaries by Location