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SBI Life Insurance Company Assistant Manager salaries in Pune

Annual salary range
0 - 15 years exp.
₹4 Lakhs - ₹10.5 Lakhs
Salary of majority employees
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7% less than the average Assistant Manager Salary in Insurance Companies for 0 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Assistant Manager Salary
1 - 12 years exp. (7 salaries)
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₹5 L/yr - ₹10.5 L/yr

Marketing & Communication
Assistant Manager Salary
0 - 1 year exp. (3 salaries)
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₹7 L/yr - ₹10.5 L/yr

Sales & Business Development
Assistant Manager Salary
4 years exp. (AmbitionBox Estimate)
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₹6.9 L/yr - ₹9 L/yr

Last Updated: 22 Oct 2024

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

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SBI Life Insurance Company Assistant Manager Salary

0 - 15 years exp. (13 salaries)

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₹4 L/yr - ₹10.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Life Assistant Manager Salary

1 - 9 years exp. (13 salaries)

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₹3.8 L/yr - ₹6.5 L/yr

arrow icon 37% less
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₹4 L/yr - ₹7.1 L/yr

arrow icon 29% less
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Max Life Insurance Assistant Manager Salary

0 - 10 years exp. (46 salaries)

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₹2.5 L/yr - ₹8 L/yr

arrow icon 42% less
18 job openings
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₹4 L/yr - ₹13 L/yr

arrow icon 7% more
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₹3 L/yr - ₹8.4 L/yr

arrow icon 46% less
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₹2.3 L/yr - ₹7.3 L/yr

arrow icon 33% less
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₹3 L/yr - ₹5.7 L/yr

arrow icon 43% less
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₹3.8 L/yr - ₹7.7 L/yr

arrow icon 11% less
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₹3 L/yr - ₹6 L/yr

arrow icon 35% less
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₹4.5 L/yr - ₹6.5 L/yr

arrow icon 17% less
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₹5 L/yr - ₹8.3 L/yr

arrow icon 9% less
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AXA Assistant Manager Salary

5 - 9 years exp. (3 salaries)

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₹16.2 L/yr - ₹18 L/yr

arrow icon 118% more
Assistant Manager salary at SBI Life Insurance Company ranges between ₹4 Lakhs to ₹10.5 Lakhs per year for employees with less than 1 year of experience to 15 years. Salary estimates are based on 13 latest salaries received from various employees of SBI Life Insurance Company.

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

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Experience wise SBI Life Insurance Company Assistant Manager salaries in Pune

Last Updated: 22 Oct 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹3.3 L/yr - ₹10.5 L/yr
1 year (AmbitionBox Estimate)

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₹7 L/yr - ₹10.5 L/yr
2 years (AmbitionBox Estimate)

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₹7.5 L/yr - ₹8 L/yr
3 years (AmbitionBox Estimate)

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₹7.1 L/yr - ₹9.1 L/yr
4 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹9 L/yr
View all

Similar Designation salaries in SBI Life Insurance Company

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₹8 L/yr - ₹11.2 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

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.

read more

Dislikes

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

read more

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.

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Dislikes

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

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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.

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Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is very slow

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Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 29 Apr 2018

3.0
 for  Salary and Benefits

Likes

Company is

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

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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.

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SBI Life Insurance Company Assistant Manager Salary FAQs

What is the salary of Assistant Manager at SBI Life Insurance Company Pune?
Assistant Manager salary at SBI Life Insurance Company in Pune ranges between ₹4.0 Lakhs to ₹10.5 Lakhs for less than 1 year of experience to 15 years. According to our estimates it is 7% 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 Pune.
How does the salary of a Assistant Manager at SBI Life Insurance Company Pune compare with the average salary range for this job?
The average salary of a Assistant Manager at SBI Life Insurance Company is 7% less than the average salary of a Assistant Manager in Pune. 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 Pune.
Which similar companies are paying more than SBI Life Insurance Company to a Assistant Manager in Pune?
  • AXA Assistant Manager Salary - ₹16.2 Lakhs to ₹18.0 Lakhs per year
  • Bajaj Allianz Life Insurance Assistant Manager Salary - ₹4.0 Lakhs to ₹13.0 Lakhs per year
What is the salary of a Assistant Manager in companies similar to SBI Life Insurance Company in Pune?
  • ICICI Lombard General Insurance Company Assistant Manager Salary - ₹5.0 Lakhs to ₹8.3 Lakhs per year
  • Aditya Birla Health Insurance Co Assistant Manager Salary - ₹3.8 Lakhs to ₹7.7 Lakhs per year
  • AON Global Insurance Brokers Assistant Manager Salary - ₹4.5 Lakhs to ₹6.5 Lakhs per year
  • ICICI Prudential Life Insurance Assistant Manager Salary - ₹4.0 Lakhs to ₹7.1 Lakhs per year
  • HDFC Ergo General Insurance Assistant Manager Salary - ₹2.3 Lakhs to ₹7.3 Lakhs per year
What is the estimated take home salary of a Assistant Manager at SBI Life Insurance Company in Pune?
The estimated take-home salary of a Assistant Manager at SBI Life Insurance Company ranges between ₹55,431 per month to ₹56,818 per month in Pune. The take-home salary calculation is based on the average SBI Life Insurance Company Assistant Manager salary in India which ranges between ₹4.0 Lakhs to ₹10.5 Lakhs per year for employees with less than 1 year of experience to 15 years. Check how did we calculate take home salary?
What is the notice period for Assistant Manager at SBI Life Insurance Company in Pune?
According to AmbitionBox, 43% of the SBI Life Insurance Company Assistant Managers in Pune reported a notice period of 1 Month, 28% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Assistant Manager salary in Pune ranges between ₹4 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 13 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.