SBI Life Insurance Company Bhopal Assistant Manager Salaries by 9 Employees (Updated 2025)

0 - 12 years exp.

₹4.2 Lakhs - ₹9 Lakhs

Salary of majority employees

At par with the average Assistant Manager Salary in Insurance Companies for 0 - 12 years of experience

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Salaries in different departments

Finance & Accounting Assistant Manager Salary 11 - 12 years exp. (3 salaries)	₹4.2 L/yr - ₹8.3 L/yr
Marketing & Communication Assistant Manager Salary 1 year exp. (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.2 L/yr
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Sales & Business Development Assistant Manager Salary 0 - 5 years exp. (AmbitionBox Estimate)	₹7.5 L/yr - ₹9 L/yr

Last Updated: 5 May 2024

Companies similar to SBI Life Insurance Company for Assistant Manager in Bhopal

SBI Life Insurance Company Assistant Manager Salary

0 - 12 years exp. (9 salaries)

₹4.2 L/yr - ₹9 L/yr

Company name	Avg Annual Salary	Open Jobs
Reliance Nippon Life Insurance Assistant Manager Salary 5 - 11 years exp. (5 salaries)	₹3.3 L/yr - ₹5.4 L/yr 43% less
United India Insurance Company Assistant Manager Salary 8 - 10 years exp. (3 salaries)	₹10 L/yr - ₹16 L/yr 102% more
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Dilip Buildcon Assistant Manager Salary 6 - 15 years exp. (83 salaries)	₹4.2 L/yr - ₹10.5 L/yr 5% more	1 job opening
Tractors and Farm Equipment Assistant Manager Salary 5 - 17 years exp. (53 salaries)	₹6.8 L/yr - ₹14.3 L/yr 38% more
Tafe Motors & Tractors Assistant Manager Salary 7 - 17 years exp. (51 salaries)	₹7 L/yr - ₹14.1 L/yr 53% more

Assistant Manager salary at SBI Life Insurance Company ranges between ₹4.2 Lakhs to ₹9 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 9 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Assistant Manager salaries in Bhopal

Last Updated: 5 May 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹7.5 L/yr - ₹15.2 L/yr
1 year (4 salaries)	₹7 L/yr - ₹14.7 L/yr
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2 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9 L/yr
3 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr
4 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.5 L/yr
5 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹9 L/yr
6 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
7 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.1 L/yr
8 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
9 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
10 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
11 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹12.8 L/yr
12 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹13 L/yr

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Similar Designation salaries in SBI Life Insurance Company

Operations Manager Salary

(4 salaries)

₹6 L/yr - ₹11 L/yr

Top skills at SBI Life Insurance Company for Assistant Manager

Operations Finance Operations Management Budgetary Control Budget Management

Salary related reviews for SBI Life Insurance Company

3.0

Rated by 1 employees for salary & benefits

Assistant Manager in Patna

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 15 Jan 2022

1.0

for Salary and Benefits

Likes

... more than 6-7yrs in this company only they can get success otherwise no chance. BDM of Institutional Alliance will never get expenses, allowances & bonus. Only Area Manager & above are happy. All are kaamchor oldies but they will not leave there seats and even president and MD also enjoy this culture. No increment no life. HR (Bihar- Abhijit Saha) is the most incompetent, he will never ans you & never support you he is just like a puppet of RM & ZAM even he is use too mentally harass you when you leave the organisation by not replying you & not giving reliving as well FnF on time. The IA channel employees are treated as temp staff, there is no cultural program, no refreshment activity, no training. Target will never be achieved as business partner bank not allow them to do business because Sbilife gives very low commission to them but seniors will screw you but they don't have strong relationship with the GM or AGM.

Dislikes

Institutional Alliance segment should be close, old employees should be thrown out company regularly promotion & expense distribution should be regularised.

Salary - Bad

+5 more

Assistant Manager in Faridabad

BFSI, Investments & Trading Department

5.0

• posted on 20 Apr 2022

5.0

for Salary and Benefits

Likes

One of the best place for female, I have completed 10 year. Every month end salary debited in account.

Salary - Excellent

+6 more

Dislikes

Some incentive criteria should offer for back office support. Please instruct to branches avoid to late sitting because its affected to personal life.

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

Senior Associate in Jaipur

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 29 Apr 2018

3.0

for Salary and Benefits

Likes

Company is

Job security - Good

+1 more

Dislikes

Company is good but as per process of career growth, it is very slow. Company's salary structure is also not good. My salary is less than a person who is coming on my position which I had before 2 years

Senior Associate in Sultanpur

BFSI, Investments & Trading Department

5.0

• posted on 29 Oct 2020

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give salary hike and bonus every year.

Salary - Excellent

+6 more

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Salary Discussions, Hike & Promotions

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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 Salary FAQs

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

Assistant Manager salary at SBI Life Insurance Company in Bhopal ranges between ₹4.2 Lakhs to ₹9.0 Lakhs for less than 1 year of experience to 12 years. According to our estimates it is 2% less than the average Assistant Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of SBI Life Insurance Company Bhopal.

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

The average salary of a Assistant Manager at SBI Life Insurance Company is 2% less than the average salary of a Assistant Manager in Bhopal. To know exact salary insights, login to view.

What are the top skills required to work as a Assistant Manager at SBI Life Insurance Company?

Operations, Finance, Operations Management, Budgetary Control and Budget Management are some of the popular skills required to work as a Assistant Manager at SBI Life Insurance Company Bhopal.

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

United India Insurance Company Assistant Manager Salary - ₹10.0 Lakhs to ₹16.0 Lakhs per year
Tafe Motors & Tractors Assistant Manager Salary - ₹7.0 Lakhs to ₹14.1 Lakhs per year
Tractors and Farm Equipment Assistant Manager Salary - ₹6.8 Lakhs to ₹14.3 Lakhs per year
Dilip Buildcon Assistant Manager Salary - ₹4.2 Lakhs to ₹10.5 Lakhs per year

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

Reliance Nippon Life Insurance Assistant Manager Salary - ₹3.3 Lakhs to ₹5.4 Lakhs per year

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

The estimated take-home salary of a Assistant Manager at SBI Life Insurance Company ranges between ₹55,166 per month to ₹56,546 per month in Bhopal. The take-home salary calculation is based on the average SBI Life Insurance Company Assistant Manager salary in India which ranges between ₹4.2 Lakhs to ₹9.0 Lakhs per year for employees with less than 1 year of experience to 12 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the SBI Life Insurance Company Assistant Managers in Bhopal reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Assistant Manager Salaries in Bhopal

SBI Life Insurance Company Assistant Manager salary in Bhopal ranges between ₹4.2 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.