SBI Life Insurance Company Chennai Associate Salaries by 10+ Employees (Updated 2025)

0 - 6 years exp.

₹1 Lakh - ₹3.5 Lakhs

Salary of majority employees

64% less than the average Associate Salary in Insurance Companies for 0 - 6 years of experience

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Salaries in different departments

Customer Success, Service & Operations Associate Salary 0 - 5 years exp. (7 salaries)	₹1.2 L/yr - ₹3.5 L/yr
Human Resources Associate Salary 3 - 5 years exp. (AmbitionBox Estimate)	₹1.7 L/yr - ₹3.2 L/yr
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Data Science & Analytics Associate Salary 2 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr
Finance & Accounting Associate Salary Fresher (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.2 L/yr
Marketing & Communication Associate Salary 1 year exp. (AmbitionBox Estimate)	₹1 L/yr - ₹3.1 L/yr

Last Updated: 5 Jan 2025

Companies similar to SBI Life Insurance Company for Associate in Chennai

SBI Life Insurance Company Associate Salary

0 - 6 years exp. (18 salaries)

₹1 L/yr - ₹3.5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Associate Salary 1 - 5 years exp. (15 salaries)	₹2.3 L/yr - ₹3.6 L/yr 36% more
Bajaj Allianz Life Insurance Associate Salary 2 - 4 years exp. (3 salaries)	₹3.8 L/yr - ₹4.1 L/yr 61% more
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HDFC Ergo General Insurance Associate Salary 1 - 7 years exp. (21 salaries)	₹2.3 L/yr - ₹4.5 L/yr 49% more
ICICI Lombard General Insurance Company Associate Salary 4 - 7 years exp. (4 salaries)	₹1.7 L/yr - ₹2.6 L/yr 7% less
United India Insurance Company Associate Salary 3 - 6 years exp. (3 salaries)	₹2.7 L/yr - ₹3.5 L/yr 21% more

Associate salary at SBI Life Insurance Company ranges between ₹1 Lakh to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 18 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Associate salaries in Chennai

Last Updated: 5 Jan 2025

Experience	Avg Annual Salary
Fresher (4 salaries)	₹1.1 L/yr - ₹3.4 L/yr
1 year (5 salaries)	₹1 L/yr - ₹2.5 L/yr
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2 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.5 L/yr
3 years (3 salaries)	₹1.2 L/yr - ₹2.5 L/yr
4 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.5 L/yr
6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹5.5 L/yr

View all

From

Associate

₹

Lakhs/yr

0 - 6 years exp.

Zonal Area Manager

₹

Lakhs/yr

12 - 21 years exp.

Associate 0 - 6 years exp.

Senior Associate 0 - 11 years exp.

64% hike

BDM 3 - 10 years exp.

8% hike

Similar Designation salaries in SBI Life Insurance Company

Senior Associate Salary

(20 salaries)

₹2.5 L/yr - ₹5.5 L/yr

Salary related reviews for SBI Life Insurance Company

4.7

Rated by 4 employees for salary & benefits

Associate in Bolpur, Santiniketan

Full Time

Other Department

3.0

• posted on 21 Nov 2024

5.0

for Salary and Benefits

Likes

Very good company. I am developing my skills and knowledge every moment. Salary and benifits is very good asa well as SBI Life think for there employee.

Salary - Excellent

+5 more

Dislikes

Work timings is very dis satisfied. We can not balanced Wrok and personal life timings for there office timings.

Work-life balance - Bad

Associate in Mumbai

BFSI, Investments & Trading Department

4.0

• posted on 26 Apr 2022

3.0

for Salary and Benefits

Likes

...r service,etc.. In my opinion Company policies, culture, job security is Good.. Company provide huge salary and bonus in every year..

Skill development - Good

+3 more

Dislikes

I have only one dislike about the company, Now the Company will not appoint any off roll staff to on roll.. Even if they were more brilliant and efficient person..

Promotions - Poor

Associate in Bangalore / Bengaluru

Finance & Accounting Department

3.0

• posted on 08 Mar 2022

3.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transparent. There scope for growth.

Job security - Excellent

Dislikes

There is a lot of politics and the management dosen't address our issue. Salary is not up to the mark but career growth is very slow.

Promotions - Poor

+2 more

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

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Salary Discussions, Hike & Promotions

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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SBI Life Insurance Company Associate Salary FAQs

What is the salary of Associate at SBI Life Insurance Company Chennai?

Associate salary at SBI Life Insurance Company in Chennai ranges between ₹1.0 Lakhs to ₹3.5 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 64% less than the average Associate Salary in India. Salary estimates are based on 18 latest salaries received from various employees of SBI Life Insurance Company Chennai.

How does the salary of a Associate at SBI Life Insurance Company Chennai compare with the average salary range for this job?

The average salary of a Associate at SBI Life Insurance Company is 64% less than the average salary of a Associate in Chennai. To know exact salary insights, login to view.

Which similar companies are paying more than SBI Life Insurance Company to a Associate in Chennai?

Bajaj Allianz Life Insurance Associate Salary - ₹3.8 Lakhs to ₹4.1 Lakhs per year
HDFC Ergo General Insurance Associate Salary - ₹2.3 Lakhs to ₹4.5 Lakhs per year
ICICI Prudential Life Insurance Associate Salary - ₹2.3 Lakhs to ₹3.6 Lakhs per year
United India Insurance Company Associate Salary - ₹2.7 Lakhs to ₹3.5 Lakhs per year

What is the salary of a Associate in companies similar to SBI Life Insurance Company in Chennai?

ICICI Lombard General Insurance Company Associate Salary - ₹1.7 Lakhs to ₹2.6 Lakhs per year

What is the estimated take home salary of a Associate at SBI Life Insurance Company in Chennai?

The estimated take-home salary of a Associate at SBI Life Insurance Company ranges between ₹17,270 per month to ₹18,974 per month in Chennai. The take-home salary calculation is based on the average SBI Life Insurance Company Associate salary in India which ranges between ₹1.0 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?

What is the notice period for Associate at SBI Life Insurance Company in Chennai?

According to AmbitionBox, 64% of the SBI Life Insurance Company Associates in Chennai reported a notice period of 15 days or less, 18% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 11 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Associate Salaries in Chennai

SBI Life Insurance Company Associate salary in Chennai ranges between ₹1 Lakh to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 18 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

SBI Life Insurance Company Associate salaries in Chennai

Companies similar to SBI Life Insurance Company for Associate in Chennai

Latest annual salaries shared by SBI Life Insurance Company Associate in Chennai

Experience wise SBI Life Insurance Company Associate salaries in Chennai

Similar Designation salaries in SBI Life Insurance Company

Salary related reviews for SBI Life Insurance Company

Associate in Bolpur, Santiniketan

Associate in Mumbai

Associate in Bangalore / Bengaluru

Senior Associate in New Delhi

Senior Associate in Jaipur

SBI Life Insurance Company Associate Salary FAQs

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