SBI Life Insurance Company Chennai Assistant Manager Salaries by 10+ Employees (Updated 2025)

1 - 13 years exp.

₹4.1 Lakhs - ₹9.5 Lakhs

Salary of majority employees

14% less than the average Assistant Manager Salary in Insurance Companies for 1 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager Salary 5 - 7 years exp. (AmbitionBox Estimate)	₹5.5 L/yr - ₹7.9 L/yr
Data Science & Analytics Assistant Manager Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹6.9 L/yr - ₹9.5 L/yr
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Sales & Business Development Assistant Manager Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹6.1 L/yr - ₹8.1 L/yr
Customer Success, Service & Operations Assistant Manager Salary 2 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹8.4 L/yr
Administration & Facilities Assistant Manager Salary 6 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹7.3 L/yr

Last Updated: 22 Dec 2024

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

SBI Life Insurance Company Assistant Manager Salary

1 - 13 years exp. (13 salaries)

₹4.1 L/yr - ₹9.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Assistant Manager Salary 3 - 9 years exp. (11 salaries)	₹3 L/yr - ₹6 L/yr 33% less
ICICI Prudential Life Insurance Assistant Manager Salary 1 - 12 years exp. (28 salaries)	₹4 L/yr - ₹6.7 L/yr 26% less
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Kotak Mahindara Life Insurance Assistant Manager Salary 0 - 7 years exp. (54 salaries)	₹2 L/yr - ₹4.8 L/yr 49% less	2 job openings
Tata AIA Life Insurance Assistant Manager Salary 3 - 13 years exp. (13 salaries)	₹3.3 L/yr - ₹8.2 L/yr 15% more	45 job openings
PNB MetLife Assistant Manager Salary 3 - 4 years exp. (3 salaries)	₹2.5 L/yr - ₹5 L/yr 40% less	3 job openings
Star Health & Allied Insurance Assistant Manager Salary 3 - 11 years exp. (122 salaries)	₹3 L/yr - ₹8.4 L/yr 29% less
Aditya Birla Sun Life Insurance Assistant Manager Salary 0 - 10 years exp. (41 salaries)	₹2.5 L/yr - ₹5.5 L/yr 40% less
HDFC Ergo General Insurance Assistant Manager Salary 1 - 10 years exp. (39 salaries)	₹3 L/yr - ₹6.7 L/yr 33% less
SBI General Insurance Assistant Manager Salary 5 - 12 years exp. (11 salaries)	₹3.6 L/yr - ₹9 L/yr 39% less
Shriram Life Insurance Assistant Manager Salary 6 - 13 years exp. (8 salaries)	₹4 L/yr - ₹9.4 L/yr 19% less
ICICI Lombard General Insurance Company Assistant Manager Salary 5 - 11 years exp. (7 salaries)	₹4 L/yr - ₹8 L/yr 14% less
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United India Insurance Company Assistant Manager Salary 5 - 11 years exp. (4 salaries)	₹7 L/yr - ₹14 L/yr 96% more

Assistant Manager salary at SBI Life Insurance Company ranges between ₹4.1 Lakhs to ₹9.5 Lakhs per year for employees with experience between 1 year to 13 years. Salary estimates are based on 13 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Assistant Manager salaries in Chennai

Last Updated: 22 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹6.3 L/yr - ₹13.7 L/yr
2 years (3 salaries)	₹3 L/yr - ₹9.5 L/yr
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3 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹13.4 L/yr
4 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.5 L/yr
5 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹13.1 L/yr
6 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹12.9 L/yr
7 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹7.9 L/yr
8 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹12.6 L/yr
9 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹8 L/yr
10 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
11 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
12 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7.5 L/yr
13 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹11.9 L/yr

View all

From

Assistant Manager

₹

Lakhs/yr

0 - 13 years exp.

Associate Vice President

₹

Lakhs/yr

9 - 20 years exp.

Assistant Manager 0 - 13 years exp.

Manager 3 - 20 years exp.

39% hike

Associate Vice President 9 - 20 years exp.

111% hike

From

1 more level

Assistant Manager

0 - 13 years exp.

Senior Manager

5 - 14 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in SBI Life Insurance Company

Branch Manager Salary

(4 salaries)

₹7.5 L/yr - ₹14 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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fathersahaab

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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 Chennai?

Assistant Manager salary at SBI Life Insurance Company in Chennai ranges between ₹4.1 Lakhs to ₹9.5 Lakhs for experience between 1 years to 13 years. According to our estimates it is 14% less than the average Assistant Manager Salary in India. Salary estimates are based on 13 latest salaries received from various employees of SBI Life Insurance Company Chennai.

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

The average salary of a Assistant Manager at SBI Life Insurance Company is 14% less than the average salary of a Assistant Manager in Chennai. 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 Chennai.

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

United India Insurance Company Assistant Manager Salary - ₹7.0 Lakhs to ₹14.0 Lakhs per year
Tata AIA Life Insurance Assistant Manager Salary - ₹3.3 Lakhs to ₹8.2 Lakhs per year

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

ICICI Lombard General Insurance Company Assistant Manager Salary - ₹4.0 Lakhs to ₹8.0 Lakhs per year
Shriram Life Insurance Assistant Manager Salary - ₹4.0 Lakhs to ₹9.4 Lakhs per year
ICICI Prudential Life Insurance Assistant Manager Salary - ₹4.0 Lakhs to ₹6.7 Lakhs per year
Star Health & Allied Insurance Assistant Manager Salary - ₹3.0 Lakhs to ₹8.4 Lakhs per year
HDFC Ergo General Insurance Assistant Manager Salary - ₹3.0 Lakhs to ₹6.7 Lakhs per year

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

The estimated take-home salary of a Assistant Manager at SBI Life Insurance Company ranges between ₹53,359 per month to ₹54,688 per month in Chennai. The take-home salary calculation is based on the average SBI Life Insurance Company Assistant Manager salary in India which ranges between ₹4.1 Lakhs to ₹9.5 Lakhs per year for employees with experience between 1 years to 13 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 33% of the SBI Life Insurance Company Assistant Managers in Chennai reported a notice period of 1 Month, 34% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Assistant Manager Salaries in Chennai

SBI Life Insurance Company Assistant Manager salary in Chennai ranges between ₹4.1 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

SBI Life Insurance Company Assistant Manager salaries in Chennai

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

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

Experience wise SBI Life Insurance Company Assistant Manager salaries in Chennai

Similar Designation salaries in SBI Life Insurance Company

Top skills at SBI Life Insurance Company for Assistant Manager

Salary related reviews for SBI Life Insurance Company

Assistant Manager in Patna

Assistant Manager in Faridabad

Senior Associate in New Delhi

Senior Associate in Jaipur

Senior Associate in Sultanpur

SBI Life Insurance Company Assistant Manager Salary FAQs

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