SBI Life Insurance Company Hyderabad / Secunderabad Associate Salaries by 30+ Employees (Updated 2024)

0 - 6 years exp.

₹1.5 Lakh - ₹5 Lakhs

Salary of majority employees

65% less than the average Associate Salary in Insurance Companies for 0 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Associate Salary 0 - 6 years exp. (11 salaries)	₹1.9 L/yr - ₹3.8 L/yr
Customer Success, Service & Operations Associate Salary 0 - 5 years exp. (4 salaries)	₹2.1 L/yr - ₹3.5 L/yr
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Human Resources Associate Salary 1 - 4 years exp. (3 salaries)	₹1.5 L/yr - ₹3.1 L/yr
Finance & Accounting Associate Salary 2 - 4 years exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹3 L/yr
Administration & Facilities Associate Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹1.9 L/yr - ₹3.2 L/yr

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Last Updated: 13 Dec 2024

Companies similar to SBI Life Insurance Company for Associate in Hyderabad / Secunderabad

SBI Life Insurance Company Associate Salary

0 - 6 years exp. (34 salaries)

₹1.5 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Associate Salary 0 - 5 years exp. (20 salaries)	₹2.2 L/yr - ₹3.7 L/yr 23% more
HDFC Life Associate Salary 0 - 3 years exp. (7 salaries)	₹1.7 L/yr - ₹3 L/yr 22% less
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Kotak Mahindara Life Insurance Associate Salary 2 - 4 years exp. (3 salaries)	₹2.5 L/yr - ₹2.7 L/yr 3% less
ICICI Lombard General Insurance Company Associate Salary 0 - 7 years exp. (13 salaries)	₹0.7 L/yr - ₹2.6 L/yr 16% less
Cognizant Associate Salary 0 - 9 years exp. (12.1k salaries)	₹5 L/yr - ₹16.5 L/yr 239% more	17 job openings

Associate salary at SBI Life Insurance Company ranges between ₹1.5 Lakh to ₹5 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 34 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Associate salaries in Hyderabad / Secunderabad

Last Updated: 13 Dec 2024

Experience	Avg Annual Salary
Fresher (6 salaries)	₹1.6 L/yr - ₹2.2 L/yr
1 year (4 salaries)	₹1.5 L/yr - ₹2.8 L/yr
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2 years (6 salaries)	₹1.8 L/yr - ₹3.8 L/yr
3 years (3 salaries)	₹1.9 L/yr - ₹3.8 L/yr
4 years (7 salaries)	₹2.5 L/yr - ₹3.3 L/yr
5 years (4 salaries)	₹2.5 L/yr - ₹3.5 L/yr
6 years (4 salaries)	₹2.5 L/yr - ₹5 L/yr

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From

Associate

₹

Lakhs/yr

0 - 6 years exp.

Zonal Area Manager

₹

Lakhs/yr

14 - 22 years exp.

Associate 0 - 6 years exp.

Business Development Executive 0 - 6 years exp.

23% hike

Senior Business Development Executive 0 - 10 years exp.

26% hike

Similar Designation salaries in SBI Life Insurance Company

Senior Associate Salary

(57 salaries)

₹2.15 L/yr - ₹6.2 L/yr

Team Lead Salary

(3 salaries)

₹2.3 L/yr - ₹3.53 L/yr

Salary related reviews for SBI Life Insurance Company

3.2

Rated by 5 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.

Dislikes

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

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..

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..

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.

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.

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.

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is very slow

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

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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SBI Life Insurance Company Associate Salary FAQs

What is the salary of Associate at SBI Life Insurance Company Hyderabad / Secunderabad?

Associate salary at SBI Life Insurance Company in Hyderabad / Secunderabad ranges between ₹1.5 Lakhs to ₹5.0 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 65% less than the average Associate Salary in India. Salary estimates are based on 34 latest salaries received from various employees of SBI Life Insurance Company Hyderabad / Secunderabad.

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

The average salary of a Associate at SBI Life Insurance Company is 65% less than the average salary of a Associate in Hyderabad / Secunderabad. To know exact salary insights, login to view.

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

Cognizant Associate Salary - ₹5.0 Lakhs to ₹16.5 Lakhs per year
ICICI Prudential Life Insurance Associate Salary - ₹2.2 Lakhs to ₹3.7 Lakhs per year

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

Kotak Mahindara Life Insurance Associate Salary - ₹2.5 Lakhs to ₹2.7 Lakhs per year
ICICI Lombard General Insurance Company Associate Salary - ₹0.7 Lakhs to ₹2.6 Lakhs per year
HDFC Life Associate Salary - ₹1.7 Lakhs to ₹3.0 Lakhs per year

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

The estimated take-home salary of a Associate at SBI Life Insurance Company ranges between ₹19,155 per month to ₹20,831 per month in Hyderabad / Secunderabad. The take-home salary calculation is based on the average SBI Life Insurance Company Associate salary in India which ranges between ₹1.5 Lakhs to ₹5.0 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 Hyderabad / Secunderabad?

According to AmbitionBox, 63% of the SBI Life Insurance Company Associates in Hyderabad / Secunderabad reported a notice period of 15 days or less, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 16 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Associate Salaries in Hyderabad / Secunderabad

SBI Life Insurance Company Associate salary in Hyderabad / Secunderabad ranges between ₹1.5 Lakh to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 34 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

SBI Life Insurance Company Associate salaries in Hyderabad / Secunderabad

Companies similar to SBI Life Insurance Company for Associate in Hyderabad / Secunderabad

Latest annual salaries shared by SBI Life Insurance Company Associate in Hyderabad / Secunderabad

Experience wise SBI Life Insurance Company Associate salaries in Hyderabad / Secunderabad

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

Tell us how to improve this page.