Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary33% less than the average Associate Vice President Salary in Insurance Companies for 9 - 20 years of experience
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Salaries in different departments
BFSI, Investments & Trading
Associate Vice President Salary
9 - 20
years
exp.
(41
salaries)
|  ₹9 L/yr - ₹28 L/yr |
Customer Success, Service & Operations
Associate Vice President Salary
12 - 20
years
exp.
(20
salaries)
| ₹12 L/yr - ₹31.5 L/yr |
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| |
Human Resources
Associate Vice President Salary
11 - 20
years
exp.
(13
salaries)
| ₹10.8 L/yr - ₹36 L/yr |
Finance & Accounting
Associate Vice President Salary
9 - 19
years
exp.
(11
salaries)
| ₹13.6 L/yr - ₹29 L/yr |
Marketing & Communication
Associate Vice President Salary
10 - 20
years
exp.
(11
salaries)
| ₹16 L/yr - ₹35.7 L/yr |
Companies similar to SBI Life Insurance Company for Associate Vice President
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 ICICI Lombard General Insurance Company Associate Vice President Salary
6 - 20 years exp. (304 salaries) | ₹14 L/yr - ₹38 L/yr 
10%
more | |
 HDFC Life Associate Vice President Salary
9 - 24 years exp. (92 salaries) | ₹18 L/yr - ₹61.6 L/yr
65%
more | 3 job openings |
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| ||
 Bajaj Allianz Life Insurance Associate Vice President Salary
10 - 23 years exp. (49 salaries) | ₹22 L/yr - ₹47.5 L/yr
54%
more | |
 ICICI Prudential Life Insurance Associate Vice President Salary
10 - 23 years exp. (36 salaries) | ₹22 L/yr - ₹41.3 L/yr
43%
more | |
 HDFC Ergo General Insurance Associate Vice President Salary
12 - 21 years exp. (34 salaries) | ₹8.4 L/yr - ₹29.5 L/yr 
9%
less | |
 Reliance Nippon Life Insurance Associate Vice President Salary
15 - 23 years exp. (31 salaries) | ₹13.9 L/yr - ₹32 L/yr
10%
less | |
 Axis Max Life Insurance Associate Vice President Salary
15 - 21 years exp. (30 salaries) | ₹11.1 L/yr - ₹44 L/yr
16%
more | |
 Aditya Birla Sun Life Insurance Associate Vice President Salary
7 - 19 years exp. (27 salaries) | ₹20.2 L/yr - ₹47 L/yr
44%
more | |
 Kotak Mahindara Life Insurance Associate Vice President Salary
9 - 23 years exp. (28 salaries) | ₹8 L/yr - ₹22.4 L/yr
36%
less | |
 Aditya Birla Health Insurance Co Associate Vice President Salary
10 - 19 years exp. (21 salaries) | ₹23.8 L/yr - ₹42.8 L/yr
51%
more | |
 SBI General Insurance Associate Vice President Salary
16 - 23 years exp. (19 salaries) | ₹19 L/yr - ₹33 L/yr
11%
more | |
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| ||
 Tata AIA Life Insurance Associate Vice President Salary
7 - 17 years exp. (15 salaries) | ₹19 L/yr - ₹78 L/yr
111%
more | |
 AON Global Insurance Brokers Associate Vice President Salary
11 - 16 years exp. (5 salaries) | ₹11.8 L/yr - ₹21 L/yr
14%
less | |
 MetLife Associate Vice President Salary
20 - 24 years exp. (3 salaries) | ₹70 L/yr - ₹1.1 Cr/yr
330%
more | |
 Shriram Life Insurance Associate Vice President Salary
18 - 19 years exp. (3 salaries) | ₹16 L/yr - ₹24.2 L/yr
1%
less | |
 Bajaj Allianz General Insurance Associate Vice President Salary
16 years exp. (3 salaries) | ₹12.2 L/yr - ₹25.2 L/yr
12%
less | |
 PNB MetLife Associate Vice President Salary
13 - 17 years exp. (3 salaries) | ₹19.5 L/yr - ₹28.6 L/yr
7%
more | |
Latest annual salaries shared by SBI Life Insurance Company Associate Vice President
Experience wise SBI Life Insurance Company Associate Vice President salaries
Last Updated: 23 Mar 2025
| Experience | Avg Annual Salary |
|---|---|
| 9 years (10 salaries) |
₹13.6
L/yr
- ₹26.8
L/yr
|
| 10 years (10 salaries) |
₹11.5
L/yr
- ₹27.3
L/yr
|
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| |
| 11 years (10 salaries) |
₹10.8
L/yr
- ₹28
L/yr
|
| 12 years (13 salaries) |
₹15
L/yr
- ₹29
L/yr
|
| 13 years (19 salaries) |
₹12
L/yr
- ₹36
L/yr
|
Similar Designation salaries in SBI Life Insurance Company
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SBI Life Insurance Company Associate Vice President Salary FAQs
The top 10% of Associate Vice President at SBI Life Insurance Company earn more than ₹28.3 Lakhs per year, and the top 1% earn over ₹37.7 Lakhs per year. Associate Vice President Salaries at SBI Life Insurance Company can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.
These estimates are based on salary data submitted by 100+ SBI Life Insurance Company employees in India.
| MetLife | ₹70.0 Lakhs to ₹112.0 Lakhs per year |
| Tata AIA Life Insurance | ₹19.0 Lakhs to ₹78.0 Lakhs per year |
| HDFC Life | ₹18.0 Lakhs to ₹61.6 Lakhs per year |
| Bajaj Allianz Life Insurance | ₹22.0 Lakhs to ₹47.5 Lakhs per year |
| Aditya Birla Health Insurance Co | ₹23.8 Lakhs to ₹42.8 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by SBI Life Insurance Company, depending on the role and experience level.
| Aditya Birla Sun Life Insurance | ₹20.2 Lakhs to ₹47.0 Lakhs per year |
| ICICI Prudential Life Insurance | ₹22.0 Lakhs to ₹41.3 Lakhs per year |
| Axis Max Life Insurance | ₹11.1 Lakhs to ₹44.0 Lakhs per year |
| SBI General Insurance | ₹19.0 Lakhs to ₹33.0 Lakhs per year |
| ICICI Lombard General Insurance Company | ₹14.0 Lakhs to ₹38.0 Lakhs per year |
These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
| Experience | Average Salary Range |
|---|---|
| 9 years | ₹13.6 Lakhs to ₹26.8 Lakhs per year |
| 10 years | ₹11.5 Lakhs to ₹27.3 Lakhs per year |
| 11 years | ₹10.8 Lakhs to ₹28.0 Lakhs per year |
| 12 years | ₹15.0 Lakhs to ₹29.0 Lakhs per year |
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SBI Life Insurance Company Associate Vice President Salaries by Location
- SBI Life Insurance Company Associate Vice President salaries in Mumbai
- SBI Life Insurance Company Associate Vice President salaries in Hyderabad / Secunderabad
- SBI Life Insurance Company Associate Vice President salaries in Kolkata
- SBI Life Insurance Company Associate Vice President salaries in New Delhi
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SBI Life Insurance Company Associate Vice President salary
in
India
ranges between ₹9
Lakhs to ₹36
Lakhs with an average annual salary of
₹. Salary estimates are based on
172
SBI Life Insurance Company latest salaries received from various employees of
SBI Life Insurance Company.