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SBI Life Insurance Company Assistant Manager salaries in Vijayawada (Updated 2025)

Annual salary range
0 - 12 years exp.
₹5 Lakhs - ₹7.5 Lakhs
Salary of majority employees
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Fixed (81%)
₹5.7 Lakhs
Variable (19%)
₹1.4 Lakh
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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

Customer Success, Service & Operations
Assistant Manager Salary
0 - 12 years exp. (4 salaries)
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₹5 L/yr - ₹6.5 L/yr

BFSI, Investments & Trading
Assistant Manager Salary
6 years exp. (AmbitionBox Estimate)
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₹6.6 L/yr - ₹7.6 L/yr

Data Science & Analytics
Assistant Manager Salary
8 years exp. (AmbitionBox Estimate)
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₹6.5 L/yr - ₹8.1 L/yr

Engineering - Software & QA
Assistant Manager Salary
3 years exp. (AmbitionBox Estimate)
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₹6.5 L/yr - ₹7.5 L/yr

Marketing & Communication
Assistant Manager Salary
1 year exp. (AmbitionBox Estimate)
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₹7.5 L/yr - ₹8.5 L/yr

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Last Updated: 22 Feb 2025

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

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SBI Life Insurance Company Assistant Manager Salary

0 - 12 years exp. (9 salaries)

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₹5 L/yr - ₹7.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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The Ramco Cements Assistant Manager Salary

2 - 11 years exp. (22 salaries)

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₹3.5 L/yr - ₹10.5 L/yr

arrow icon 5% more
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Navata Road Transport Assistant Manager Salary

3 - 13 years exp. (16 salaries)

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₹2 L/yr - ₹5.4 L/yr

arrow icon 51% less
2 job openings
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Manappuram Finance Assistant Manager Salary

0 - 5 years exp. (15 salaries)

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₹1.7 L/yr - ₹4 L/yr

arrow icon 51% less
4 job openings
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Mohan Spintex Assistant Manager Salary

1 - 11 years exp. (15 salaries)

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₹3.6 L/yr - ₹6.8 L/yr

arrow icon 27% less
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Walmart Assistant Manager Salary

9 - 14 years exp. (10 salaries)

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₹6.5 L/yr - ₹10.5 L/yr

arrow icon 33% more
Assistant Manager salary at SBI Life Insurance Company ranges between ₹5 Lakhs to ₹7.5 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.

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

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3 months exp.
7mo ago
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7 years exp.
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6 years exp.
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12 years exp.

Experience wise SBI Life Insurance Company Assistant Manager salaries in Vijayawada

Last Updated: 22 Feb 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹5.5 L/yr - ₹13.9 L/yr
1 year (AmbitionBox Estimate)

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₹7.5 L/yr - ₹13.8 L/yr
2 years (AmbitionBox Estimate)

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₹6.8 L/yr - ₹8.7 L/yr
3 years (AmbitionBox Estimate)

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

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₹6.6 L/yr - ₹8.4 L/yr
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SBI Life Insurance Company Assistant Manager Salary and Career Growth

From

To

Assistant Manager

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0 - 13 years exp.

Senior Manager

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5 - 14 years exp.

Assistant Manager 0 - 13 years exp.
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Manager 3 - 20 years exp.
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arrow icon 54% hike
    Senior Manager 5 - 14 years exp.
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    arrow icon -11% hike

    From

    To

    Assistant Manager

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    0 - 13 years exp.

    Associate Vice President

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    9 - 20 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

    Unit Manager Salary
    (3 salaries)
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    ₹2.1 L/yr - ₹2.56 L/yr

    Top skills at SBI Life Insurance Company for Assistant Manager

    Operations Finance Operations Management Budgetary Control Budget Management
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    Salary related reviews for SBI Life Insurance Company

    2.0

    Rated by 1 employees for salary & benefits

    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
    • Salary - Bad
    • +5 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.

    read more
    • 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.

    read more

    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.

    read more
    • 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

    read more
    • Work satisfaction - Poor
    • +2 more

    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

    read more

    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.

    read more
    • Salary - Excellent
    • +6 more
    see more salary related reviews

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    SBI Life Insurance Company Assistant Manager Salary FAQs

    What is the salary of Assistant Manager at SBI Life Insurance Company Vijayawada?
    Assistant Manager salary at SBI Life Insurance Company in Vijayawada ranges between ₹5.0 Lakhs to ₹7.5 Lakhs for 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 Vijayawada.
    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 Vijayawada.
    Which similar companies are paying more than SBI Life Insurance Company to a Assistant Manager in Vijayawada?
    • Walmart Assistant Manager Salary - ₹6.5 Lakhs to ₹10.5 Lakhs per year
    • The Ramco Cements Assistant Manager Salary - ₹3.5 Lakhs to ₹10.5 Lakhs per year
    What is the salary of a Assistant Manager in companies similar to SBI Life Insurance Company in Vijayawada?
    • Mohan Spintex Assistant Manager Salary - ₹3.6 Lakhs to ₹6.8 Lakhs per year
    • Navata Road Transport Assistant Manager Salary - ₹2.0 Lakhs to ₹5.4 Lakhs per year
    • Manappuram Finance Assistant Manager Salary - ₹1.7 Lakhs to ₹4.0 Lakhs per year
    What is the estimated take home salary of a Assistant Manager at SBI Life Insurance Company in Vijayawada?
    The estimated take-home salary of a Assistant Manager at SBI Life Insurance Company ranges between ₹53,058 per month to ₹54,379 per month in Vijayawada. The take-home salary calculation is based on the average SBI Life Insurance Company Assistant Manager salary in India which ranges between ₹5.0 Lakhs to ₹7.5 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 Vijayawada?
    According to AmbitionBox, 50% of the SBI Life Insurance Company Assistant Managers in Vijayawada reported a notice period of 1 Month, 25% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 8 responses on AmbitionBox in last 2 years.

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    SBI Life Insurance Company Assistant Manager salary in Vijayawada ranges between ₹5 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.