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

0 - 4 years exp.

₹1.2 Lakh - ₹3 Lakhs

Salary of majority employees

66% less than the average Associate Salary in Insurance Companies for 0 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading Associate Salary 1 - 4 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.5 L/yr
Data Science & Analytics Associate Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.6 L/yr
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Marketing & Communication Associate Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹1.9 L/yr - ₹3 L/yr
Engineering - Software & QA Associate Salary 1 year exp. (AmbitionBox Estimate)	₹2 L/yr - ₹3 L/yr
Sales & Business Development Associate Salary Fresher (AmbitionBox Estimate)	₹1.2 L/yr - ₹3 L/yr

Last Updated: 6 May 2024

Companies similar to SBI Life Insurance Company for Associate in Pune

SBI Life Insurance Company Associate Salary

0 - 4 years exp. (10 salaries)

₹1.2 L/yr - ₹3 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Associate Salary 0 - 6 years exp. (22 salaries)	₹2.2 L/yr - ₹3.5 L/yr 38% more
Gallagher Associate Salary 0 - 3 years exp. (11 salaries)	₹2 L/yr - ₹4 L/yr 13% more
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Principal Global Services Associate Salary 8 - 10 years exp. (5 salaries)	₹6 L/yr - ₹11.8 L/yr 238% more
AXA Associate Salary 0 - 3 years exp. (4 salaries)	₹2.9 L/yr - ₹3.5 L/yr 40% more
Aditya Birla Sun Life Insurance Associate Salary 3 - 6 years exp. (3 salaries)	₹3 L/yr - ₹4 L/yr 48% more

Associate salary at SBI Life Insurance Company ranges between ₹1.2 Lakh to ₹3 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 10 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Associate salaries in Pune

Last Updated: 6 May 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.3 L/yr
1 year (3 salaries)	₹2 L/yr - ₹2.2 L/yr
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2 years (3 salaries)	₹0.9 L/yr - ₹2.8 L/yr
3 years (AmbitionBox Estimate)	₹1 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹4.7 L/yr

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.

29% hike

Senior Business Development Executive 1 - 10 years exp.

28% hike

Similar Designation salaries in SBI Life Insurance Company

BDM Salary

(5 salaries)

₹4.05 L/yr - ₹5.5 L/yr

Operations Associate Salary

(4 salaries)

₹2.5 L/yr - ₹3.8 L/yr

Associate Vice President Salary

(3 salaries)

₹19 L/yr - ₹25 L/yr

Salary related reviews for SBI Life Insurance Company

2.0

Rated by 2 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 Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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SBI Life Insurance Company Associate Salary FAQs

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

Associate salary at SBI Life Insurance Company in Pune ranges between ₹1.2 Lakhs to ₹3.0 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 66% less than the average Associate Salary in India. Salary estimates are based on 10 latest salaries received from various employees of SBI Life Insurance Company Pune.

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

The average salary of a Associate at SBI Life Insurance Company is 66% less than the average salary of a Associate in Pune. To know exact salary insights, login to view.

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

Principal Global Services Associate Salary - ₹6.0 Lakhs to ₹11.8 Lakhs per year
Aditya Birla Sun Life Insurance Associate Salary - ₹3.0 Lakhs to ₹4.0 Lakhs per year
AXA Associate Salary - ₹2.9 Lakhs to ₹3.5 Lakhs per year
ICICI Prudential Life Insurance Associate Salary - ₹2.2 Lakhs to ₹3.5 Lakhs per year
Gallagher Associate Salary - ₹2.0 Lakhs to ₹4.0 Lakhs per year

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

The estimated take-home salary of a Associate at SBI Life Insurance Company ranges between ₹16,800 per month to ₹18,511 per month in Pune. The take-home salary calculation is based on the average SBI Life Insurance Company Associate salary in India which ranges between ₹1.2 Lakhs to ₹3.0 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the SBI Life Insurance Company Associates in Pune reported a notice period of 15 days or less.This is based on 4 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Associate Salaries in Pune

SBI Life Insurance Company Associate salary in Pune ranges between ₹1.2 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.