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SBI Life Insurance Company

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3.8

based on 3.7k Reviews

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Bangalore / Bengaluru
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SBI Life Insurance Company Salaries in Bangalore / Bengaluru

based on 641 latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Sales & Business Development Customer Success, Service & Operations Finance & Accounting + 6 more
Designation Avg Annual Salary Open Jobs

Business Development Manager

0 - 13 years exp. · Bangalore / Bengaluru (100 salaries)
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₹2.7 L/yr - ₹6.5 L/yr

Senior Business Development Executive

1 - 10 years exp. · Bangalore / Bengaluru (60 salaries)
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₹3 L/yr - ₹5 L/yr

Senior Associate

0 - 10 years exp. · Bangalore / Bengaluru (31 salaries)
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₹2.8 L/yr - ₹5.3 L/yr

Area Manager

7 - 18 years exp. · Bangalore / Bengaluru (24 salaries)
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₹7.5 L/yr - ₹13.2 L/yr

Starting your career? Discover SBI Life Insurance Company fresher salaries in India

Business Development Executive

0 - 8 years exp. · Bangalore / Bengaluru (19 salaries)
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₹2 L/yr - ₹4.4 L/yr

Sr. BDE

2 - 7 years exp. · Bangalore / Bengaluru (17 salaries)
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₹3.2 L/yr - ₹5 L/yr

Senior Business Development Manager

4 - 13 years exp. · Bangalore / Bengaluru (13 salaries)
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₹4.2 L/yr - ₹8 L/yr

Operations Associate

0 - 6 years exp. · Bangalore / Bengaluru (11 salaries)
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₹1.8 L/yr - ₹3.2 L/yr

Branch Manager

7 - 16 years exp. · Bangalore / Bengaluru (9 salaries)
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₹6.5 L/yr - ₹12 L/yr

BDM

2 - 9 years exp. · Bangalore / Bengaluru (8 salaries)
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₹3 L/yr - ₹6.5 L/yr

Area Sales Manager

9 - 15 years exp. · Bangalore / Bengaluru (8 salaries)
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₹7 L/yr - ₹13.5 L/yr

Sales Officer

0 - 5 years exp. · Bangalore / Bengaluru (7 salaries)
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₹2 L/yr - ₹3.8 L/yr

Associate Vice President

11 - 18 years exp. · Bangalore / Bengaluru (6 salaries)
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₹18.5 L/yr - ₹36 L/yr

Branch Development Manager

4 - 7 years exp. · Bangalore / Bengaluru (6 salaries)
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₹3 L/yr - ₹5.6 L/yr

Financial Advisor

1 - 5 years exp. · Bangalore / Bengaluru (5 salaries)
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₹2.2 L/yr - ₹3.6 L/yr

Insurance Adviser

0 - 3 years exp. · Bangalore / Bengaluru (5 salaries)
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₹1 L/yr - ₹4 L/yr

Senior Branch Manager

17 - 22 years exp. · Bangalore / Bengaluru (5 salaries)
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₹9.8 L/yr - ₹13.4 L/yr

Regional Head

10 - 16 years exp. · Bangalore / Bengaluru (4 salaries)
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₹10 L/yr - ₹12 L/yr

Business Analyst

2 - 5 years exp. · Bangalore / Bengaluru (4 salaries)
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₹5.2 L/yr - ₹8 L/yr

Sales Support Associate

0 - 3 years exp. · Bangalore / Bengaluru (4 salaries)
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₹1.8 L/yr - ₹3.5 L/yr

Last Updated: 29 Jan, 2025

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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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Salary related reviews for SBI Life Insurance Company

3.3

Rated by 90 employees for salary & benefits

Business Development Manager in Bangalore / Bengaluru

Sales Department

1.0
  •  posted on 12 May 2022
5.0
 for  Salary and Benefits

Likes

Salary before month end Brand Reputation

  • Salary - Excellent
    • +1 more

Dislikes

No personal life satisfaction Terrible AM behavior No felicitation No recognition Poor plans and costly Pressure will come like he'll If channel partners not supported even though we've to do business.. Less customer service at channel partner

read more
  • Skill development - Poor
    • +2 more

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.

read more
  • Promotions - Poor
    • +2 more

Senior Business Development Executive in Bangalore / Bengaluru

Sales & Marketing Department

1.0
  •  posted on 20 Oct 2021
1.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

...r not selling particular product which they say and their is no much benefit.... Lesser salary more working hours and HR department is not strong .... I feel school kind of office like punishment and unofficial words .... Please do not join this company and worst company ever

read more
  • Salary - Bad
    • +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.

read more
  • 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.

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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.

read more
  • Salary - Bad
    • +4 more
see more salary related reviews

SBI Life Insurance Company interview questions by designations

Business Development Manager (19)Senior Business Development Executive (10)Senior Associate (10)Senior Business Development Manager (9)
View all 215 interview experiences

Know more about SBI Life Insurance Company Bangalore / Bengaluru

More about working at SBI Life Insurance Company

SBI Life Insurance Company Salary FAQs

How much does SBI Life Insurance Company pay per year?
The average SBI Life Insurance Company salary ranges from approximately ₹0.2 Lakh to ₹3 Lakhs per year for a Banking Assistant and ₹45 Lakhs to ₹1.1 Crore per year for a Senior Vice President. Salary estimates are based on 641 SBI Life Insurance Company salaries received from various employees of SBI Life Insurance Company. SBI Life Insurance Company employees rate the overall salary and benefits package 3.3/5 stars.
What is the highest salary in SBI Life Insurance Company?
The highest-paying job at SBI Life Insurance Company is a Senior Vice President with a salary of ₹45 Lakhs to ₹1.1 Crore per year. The top 10% of employees earn more than ₹12.54 lakhs per year. The top 1% earn more than a whopping ₹35.54 lakhs per year.
What is the minimum salary in SBI Life Insurance Company?
Minimum salary at SBI Life Insurance Company depends on the role you are applying for. For Associate the minimum salary is ₹1 Lakh to ₹4.5 Lakhs per year, and for Development Manager the minimum salary is ₹1.8 Lakh to ₹4.6 Lakhs per year and so on.
What is the salary package for freshers in SBI Life Insurance Company?
The average salary at SBI Life Insurance Company for freshers varies from ₹1 Lakh to ₹2 Lakhs per year for Telecaller and ₹4.4 Lakhs to ₹10.5 Lakhs per year for Management Trainee.
What is the notice period at SBI Life Insurance Company in Bangalore / Bengaluru?
According to AmbitionBox, 30% of the SBI Life Insurance Company employees in Bangalore / Bengaluru reported a notice period of 1 Month, 30% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 424 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Bangalore / Bengaluru Salaries by Department

Average annual salary in SBI Life Insurance Company , Bangalore / Bengaluru is INRunlock blur . Salary estimates are based on 641 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

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