SBI Life Insurance Company Assistant Vice President Salaries by 7 Employees (Updated 2025)

13 - 21 years exp.

₹17 Lakhs - ₹22.5 Lakhs

Low Confidence

Salary of majority employees

37% less than the average Assistant Vice President Salary in Insurance Companies for 13 - 21 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Vice President Salary 13 - 18 years exp. (6 salaries)	₹17 L/yr - ₹22.5 L/yr
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Sales & Business Development Assistant Vice President Salary 21 years exp. (AmbitionBox Estimate)	₹18.1 L/yr - ₹19.4 L/yr

Last Updated: 28 Dec 2024

Companies similar to SBI Life Insurance Company for Assistant Vice President

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Assistant Vice President Salary 9 - 12 years exp. (4 salaries)	₹21.2 L/yr - ₹40 L/yr 60% more
HDFC Life Assistant Vice President Salary 13 - 24 years exp. (18 salaries)	₹22.2 L/yr - ₹55 L/yr 105% more	1 job opening
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Axis Max Life Insurance Assistant Vice President Salary 8 - 23 years exp. (100 salaries)	₹10.5 L/yr - ₹34.5 L/yr 4% more	1 job opening
Bajaj Allianz Life Insurance Assistant Vice President Salary 9 - 14 years exp. (3 salaries)	₹37.8 L/yr - ₹50 L/yr 122% more
Kotak Mahindara Life Insurance Assistant Vice President Salary 8 - 19 years exp. (230 salaries)	₹7 L/yr - ₹25.7 L/yr 13% less
Reliance Nippon Life Insurance Assistant Vice President Salary 5 - 20 years exp. (5 salaries)	₹14 L/yr - ₹31 L/yr 12% more
Tata AIA Life Insurance Assistant Vice President Salary 12 - 21 years exp. (57 salaries)	₹19.2 L/yr - ₹56.4 L/yr 75% more	20 job openings
Aditya Birla Sun Life Insurance Assistant Vice President Salary 10 - 20 years exp. (7 salaries)	₹40 L/yr - ₹56 L/yr 121% more
HDFC Ergo General Insurance Assistant Vice President Salary 10 - 20 years exp. (214 salaries)	₹9.6 L/yr - ₹35 L/yr 10% more
ICICI Lombard General Insurance Company Assistant Vice President Salary 10 - 21 years exp. (14 salaries)	₹14.2 L/yr - ₹31 L/yr 22% more
SBI General Insurance Assistant Vice President Salary 11 - 20 years exp. (13 salaries)	₹18.2 L/yr - ₹34.9 L/yr 58% more
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Aditya Birla Health Insurance Co Assistant Vice President Salary 8 - 20 years exp. (12 salaries)	₹32.5 L/yr - ₹59 L/yr 113% more
Star Health & Allied Insurance Assistant Vice President Salary 4 - 22 years exp. (12 salaries)	₹22 L/yr - ₹50 L/yr 85% more
Bajaj Allianz General Insurance Assistant Vice President Salary 13 - 22 years exp. (10 salaries)	₹20.1 L/yr - ₹43 L/yr 85% more
Marsh Assistant Vice President Salary 5 - 12 years exp. (8 salaries)	₹15 L/yr - ₹23 L/yr 6% more
Gallagher Assistant Vice President Salary 9 - 16 years exp. (6 salaries)	₹20 L/yr - ₹26 L/yr 25% more

Assistant Vice President salary at SBI Life Insurance Company ranges between ₹17 Lakhs to ₹22.5 Lakhs per year for employees with experience between 13 years to 21 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 Vice President salaries

Last Updated: 28 Dec 2024

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹17 L/yr - ₹33.9 L/yr
14 years (AmbitionBox Estimate)	₹16.9 L/yr - ₹21.6 L/yr
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15+ years (6 salaries)	₹7.4 L/yr - ₹22.5 L/yr

Similar Designation salaries in SBI Life Insurance Company

Associate Consultant Salary

(4 salaries)

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Technical Architect Salary

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(AmbitionBox Estimate)

₹3.9 L/yr - ₹4.9 L/yr

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₹13 L/yr - ₹33 L/yr

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₹3.5 L/yr - ₹7 L/yr

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₹14.1 L/yr - ₹18.1 L/yr

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₹5 L/yr - ₹8 L/yr

Team Lead Salary

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Salary related reviews for SBI Life Insurance Company

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

Business Development Manager in Deoghar

Full Time

Marketing & Communication Department

5.0

• posted on 30 Jan 2025

2.0

for Salary and Benefits

Likes

Very good policy, good Behaviour from all senior Management.

Skill development - Good

+3 more

Dislikes

I am working from last 8 year but my salary is very low. If someone working is in other companies and they switched from there to here they are getting good CTC. If you are working in good location and if your assign branch and branch manager is good so you can get promotion but if you not working in good location or your assign branch is not good it's very deficit to get promotion.

Salary - Poor

Sales Support Associate in Kishanganj

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 17 Jan 2024

1.0

for Salary and Benefits

Likes

Even though the salary in this company is very less as per the work, the salary is paid on time.

Dislikes

In today's times, it is important to work to support my family properly, hence I give my 100% to this company so that someday my salary will increase but after working for more than 1 year, I am realizing that It is very difficult to move forward, here we have to work till late night due to which we are not able to give time to our family, and even after doing so much work, we get very low salary so that I cannot support my family properly. I don't know how to do it, even after working for more than 14 hours every day, I don't get any bonus also.

Salary - Bad

+4 more

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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 Vice President Salary FAQs

What is the salary of Assistant Vice President at SBI Life Insurance Company?

Assistant Vice President salary at SBI Life Insurance Company in India ranges between ₹17.0 Lakhs to ₹22.5 Lakhs for experience between 13 years to 21 years. According to our estimates it is 37% less than the average Assistant Vice President 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 Vice President at SBI Life Insurance Company India compare with the average salary range for this job?

The average salary of a Assistant Vice President at SBI Life Insurance Company is 37% less than the average salary of a Assistant Vice President in India. To know exact salary insights, login to view.

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

Bajaj Allianz Life Insurance Assistant Vice President Salary - ₹37.8 Lakhs to ₹50.0 Lakhs per year
Aditya Birla Sun Life Insurance Assistant Vice President Salary - ₹40.0 Lakhs to ₹56.0 Lakhs per year
Aditya Birla Health Insurance Co Assistant Vice President Salary - ₹32.5 Lakhs to ₹59.0 Lakhs per year
HDFC Life Assistant Vice President Salary - ₹22.2 Lakhs to ₹55.0 Lakhs per year
Star Health & Allied Insurance Assistant Vice President Salary - ₹22.0 Lakhs to ₹50.0 Lakhs per year

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

Bajaj Allianz General Insurance Assistant Vice President Salary - ₹20.1 Lakhs to ₹43.0 Lakhs per year
Tata AIA Life Insurance Assistant Vice President Salary - ₹19.2 Lakhs to ₹56.4 Lakhs per year
ICICI Prudential Life Insurance Assistant Vice President Salary - ₹21.2 Lakhs to ₹40.0 Lakhs per year
SBI General Insurance Assistant Vice President Salary - ₹18.2 Lakhs to ₹34.9 Lakhs per year
Gallagher Assistant Vice President Salary - ₹20.0 Lakhs to ₹26.0 Lakhs per year

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

The estimated take-home salary of a Assistant Vice President at SBI Life Insurance Company ranges between ₹1,24,262 per month to ₹1,28,086 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Assistant Vice President salary in India which ranges between ₹17.0 Lakhs to ₹22.5 Lakhs per year for employees with experience between 13 years to 21 years. Check how did we calculate take home salary?

What is the notice period for Assistant Vice President at SBI Life Insurance Company?

According to AmbitionBox, 75% of the SBI Life Insurance Company Assistant Vice Presidents reported a notice period of 3 Months, 25% reported a notice period of 2 Months.This is based on 8 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Assistant Vice President Salaries

SBI Life Insurance Company Assistant Vice President salary in India ranges between ₹17 Lakhs to ₹22.5 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.