SBI Life Insurance Company Assistant Vice President 1 Salaries by 4 Employees (Updated 2025)

6 - 16 years exp.

₹13.6 Lakhs - ₹24 Lakhs

Low Confidence

Salary of majority employees

9% less than the average Assistant Vice President 1 Salary in Insurance Companies for 6 - 16 years of experience

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Last Updated: 21 Aug 2024

Companies similar to SBI Life Insurance Company for Assistant Vice President 1

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindara Life Insurance Assistant Vice President 1 Salary 23 - 25 years exp. (3 salaries)	₹12.3 L/yr - ₹25.3 L/yr 7% less
HDFC Ergo General Insurance Assistant Vice President 1 Salary 5 - 12 years exp. (4 salaries)	₹29 L/yr - ₹36 L/yr 69% more
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IndusInd Bank Assistant Vice President 1 Salary 5 - 24 years exp. (128 salaries)	₹6.4 L/yr - ₹23.5 L/yr 27% less
Apex Group Assistant Vice President 1 Salary 9 - 16 years exp. (57 salaries)	₹12 L/yr - ₹21.8 L/yr 3% less
Citicorp Assistant Vice President 1 Salary 8 - 15 years exp. (37 salaries)	₹20 L/yr - ₹36 L/yr 62% more

Assistant Vice President 1 salary at SBI Life Insurance Company ranges between ₹13.6 Lakhs to ₹24 Lakhs per year for employees with experience between 6 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Assistant Vice President 1 salaries

Last Updated: 21 Aug 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹9 L/yr - ₹24 L/yr
7 years (AmbitionBox Estimate)	₹19.5 L/yr - ₹24.9 L/yr
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8 years (AmbitionBox Estimate)	₹18.8 L/yr - ₹24 L/yr
9 years (AmbitionBox Estimate)	₹18 L/yr - ₹23.1 L/yr
10 years (AmbitionBox Estimate)	₹17.3 L/yr - ₹22.1 L/yr
11 years (AmbitionBox Estimate)	₹16.6 L/yr - ₹21.2 L/yr
12 years (AmbitionBox Estimate)	₹13.6 L/yr - ₹31.8 L/yr
13 years (AmbitionBox Estimate)	₹15.2 L/yr - ₹19.4 L/yr
14 years (AmbitionBox Estimate)	₹14.4 L/yr - ₹18.5 L/yr
15+ years (AmbitionBox Estimate)	₹5.9 L/yr - ₹16.1 L/yr

View all

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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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Salary Discussions, Hike & Promotions

Salary Negotiation in an interview

Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.

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SBI Life Insurance Company Assistant Vice President 1 Salary FAQs

What is the salary of Assistant Vice President 1 at SBI Life Insurance Company?

Assistant Vice President 1 salary at SBI Life Insurance Company in India ranges between ₹13.6 Lakhs to ₹24.0 Lakhs for experience between 6 years to 16 years. According to our estimates it is 9% less than the average Assistant Vice President 1 Salary in India. Salary estimates are based on 4 latest salaries received from various employees of SBI Life Insurance Company India.

How does the salary of a Assistant Vice President 1 at SBI Life Insurance Company India compare with the average salary range for this job?

The average salary of a Assistant Vice President 1 at SBI Life Insurance Company is 9% less than the average salary of a Assistant Vice President 1 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 1 in India?

HDFC Ergo General Insurance Assistant Vice President 1 Salary - ₹29.0 Lakhs to ₹36.0 Lakhs per year
Citicorp Assistant Vice President 1 Salary - ₹20.0 Lakhs to ₹36.0 Lakhs per year

What is the salary of a Assistant Vice President 1 in companies similar to SBI Life Insurance Company in India?

Apex Group Assistant Vice President 1 Salary - ₹12.0 Lakhs to ₹21.8 Lakhs per year
Kotak Mahindara Life Insurance Assistant Vice President 1 Salary - ₹12.3 Lakhs to ₹25.3 Lakhs per year
IndusInd Bank Assistant Vice President 1 Salary - ₹6.4 Lakhs to ₹23.5 Lakhs per year

What is the estimated take home salary of a Assistant Vice President 1 at SBI Life Insurance Company in India?

The estimated take-home salary of a Assistant Vice President 1 at SBI Life Insurance Company ranges between ₹1,23,496 per month to ₹1,27,219 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Assistant Vice President 1 salary in India which ranges between ₹13.6 Lakhs to ₹24.0 Lakhs per year for employees with experience between 6 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Assistant Vice President 1 at SBI Life Insurance Company?

According to AmbitionBox, 100% of the SBI Life Insurance Company Assistant Vice President 1s reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Assistant Vice President 1 Salaries

SBI Life Insurance Company Assistant Vice President 1 salary in India ranges between ₹13.6 Lakhs to ₹24 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.