SBI Life Insurance Company Branch Operation Executive Salaries by 4 Employees

3 - 9 years exp.

₹1.6 Lakh - ₹3.8 Lakhs

Low Confidence

Salary of majority employees

24% less than the average Branch Operation Executive Salary in Insurance Companies for 3 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Operation Executive Salary 3 - 9 years exp. (AmbitionBox Estimate)	₹1.6 L/yr - ₹3.5 L/yr
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Finance & Accounting Branch Operation Executive Salary 3 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 19 May 2024

Companies similar to SBI Life Insurance Company for Branch Operation Executive

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindara Life Insurance Branch Operation Executive Salary 0 - 4 years exp. (75 salaries)	₹1.8 L/yr - ₹4.6 L/yr 69% more
Tata AIA Life Insurance Branch Operation Executive Salary 2 - 9 years exp. (43 salaries)	₹2.4 L/yr - ₹5.5 L/yr 109% more	8 job openings
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Shriram Life Insurance Branch Operation Executive Salary 2 - 4 years exp. (36 salaries)	₹1.1 L/yr - ₹3.8 L/yr 1% more
ICICI Prudential Life Insurance Branch Operation Executive Salary 0 - 6 years exp. (29 salaries)	₹2 L/yr - ₹3.5 L/yr 29% more
Reliance Nippon Life Insurance Branch Operation Executive Salary 1 - 8 years exp. (19 salaries)	₹1.6 L/yr - ₹3.4 L/yr 6% more
Bajaj Allianz Life Insurance Branch Operation Executive Salary 0 - 9 years exp. (16 salaries)	₹2.2 L/yr - ₹3.9 L/yr 44% more
Aditya Birla Sun Life Insurance Branch Operation Executive Salary 2 - 8 years exp. (13 salaries)	₹1.8 L/yr - ₹5 L/yr 18% more
PNB MetLife Branch Operation Executive Salary 0 - 8 years exp. (8 salaries)	₹2.4 L/yr - ₹4 L/yr 85% more
Axis Max Life Insurance Branch Operation Executive Salary 5 - 9 years exp. (7 salaries)	₹2.7 L/yr - ₹3.6 L/yr 43% more
Aditya Birla Health Insurance Co Branch Operation Executive Salary 2 - 8 years exp. (7 salaries)	₹2.6 L/yr - ₹3.8 L/yr 56% more
SBI General Insurance Branch Operation Executive Salary 5 - 12 years exp. (6 salaries)	₹2.4 L/yr - ₹4.2 L/yr 46% more
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HDFC Life Branch Operation Executive Salary 3 - 9 years exp. (6 salaries)	₹2.3 L/yr - ₹3 L/yr 29% more
Bajaj Allianz General Insurance Branch Operation Executive Salary 3 - 15 years exp. (4 salaries)	₹2.8 L/yr - ₹4.5 L/yr 79% more
Star Health & Allied Insurance Branch Operation Executive Salary 0 - 13 years exp. (4 salaries)	₹2.5 L/yr - ₹3.3 L/yr 40% more

Branch Operation Executive salary at SBI Life Insurance Company ranges between ₹1.6 Lakh to ₹3.8 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Branch Operation Executive salaries

Last Updated: 19 May 2024

Experience	Avg Annual Salary
3 years (3 salaries)	₹1.6 L/yr - ₹3.8 L/yr
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4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr

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Salary related reviews for SBI Life Insurance Company

Agency Manager in Hyderabad / Secunderabad

Full Time

Sales & Business Development Department

1.0

• posted on 27 Jun 2023

1.0

for Salary and Benefits

Likes

Good organisation for learning Training provide by that organisation is very good Customer service is nice Chain of branch is very good..

Skill development - Good

Dislikes

...ale without competition Senior manager always gives pressure to unit manager.. They earn 6 digit salary and lower staff salary is only 20k... promote product Boucher to investment own money...mea If you join that organisation get ready for so much pressure with low salary

Salary - Bad

+5 more

Agency Manager in Dharamshala

Human Resources Department

5.0

• posted on 25 May 2022

5.0

for Salary and Benefits

Likes

Job security depends on your working If u are doing well on all parameters your job is secured company is employees oriented salary hike is only on your promotion

Salary - Excellent

+6 more

Dislikes

Management is good salary hike is depend on your promotion that is the major problem in this company career growth is depends upon your promotion. And training is given by the company on all parameters

Senior Agency Manager in KATIHAR , Bihar

BFSI, Investments & Trading Department

5.0

• posted on 06 Aug 2020

5.0

for Salary and Benefits

Likes

Digital platform for field sales force and preventive step to stop bogus insurance. Always supportive guidance by Higher management/official .

Salary - Excellent

+6 more

Dislikes

Salary increments system is not satisfactory. A FLSM who fulfill NBP criteria but miss his/her promotion due to nominal margin of Persistancy they are not eligible to get beneficial of Salary increments .

Agency Manager in Bilaspur

Sales & Business Development Department

5.0

• posted on 02 Apr 2020

2.0

for Salary and Benefits

Likes

SBI life Insurance is a very good company regarding salary growth working environment learning but politics is overwhelming in this company your long time survival depends allways on the bosses will' that should be taken care by the company. what is review? it's is kind of where you are lacking and where should improve but Review means here do or die. perform or perish.in this way sbi is loosing Good hardworking and skillful workers.

Work-life balance - Good

Dislikes

everything is ok in sbi there is to much of review

Salary - Poor

+2 more

Branch Manager in Kumta

BFSI, Investments & Trading Department

3.0

• posted on 18 Jun 2020

3.0

for Salary and Benefits

Likes

Salary hike 3 to 5 % per year.Providing petrol exp and telephone exp based on cader.

Dislikes

Lot of politics, no HR Control , career growth is slow, induction training will not conducted in proper time. No value and respect for out Commer. High volume pressure on target and mental irritation. No any value addition from reporting manager.

Job security - Bad

+4 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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SBI Life Insurance Company Branch Operation Executive Salary FAQs

What is the salary of Branch Operation Executive at SBI Life Insurance Company ?

The average salary of a Branch Operation Executive at SBI Life Insurance Company in India typically ranges from ₹1.6 Lakhs to ₹3.8 Lakhs per year, depending on experience (from 3 years to 9 years).

The top 10% of Branch Operation Executive at SBI Life Insurance Company earn more than ₹3.8 Lakhs per year, and the top 1% earn over ₹3.8 Lakhs per year. Branch Operation Executive 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 4 SBI Life Insurance Company employees in India.

What is the estimated take home salary of a Branch Operation Executive at SBI Life Insurance Company in India?

The estimated take-home salary of a Branch Operation Executive at SBI Life Insurance Company in India typically ranges from ₹14,785 to ₹16,334 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹3.8 Lakhs per year for employees with experience ranging from 3 years to 9 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of SBI Life Insurance Company. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than SBI Life Insurance Company for Branch Operation Executive in India?

Tata AIA Life Insurance	₹2.4 Lakhs to ₹5.5 Lakhs per year
PNB MetLife	₹2.4 Lakhs to ₹4.0 Lakhs per year
Bajaj Allianz General Insurance	₹2.8 Lakhs to ₹4.5 Lakhs per year
Kotak Mahindara Life Insurance	₹1.8 Lakhs to ₹4.6 Lakhs per year
Aditya Birla Health Insurance Co	₹2.6 Lakhs to ₹3.8 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.

What is the salary of a Branch Operation Executive in companies similar to SBI Life Insurance Company in India?

The salary of a Branch Operation Executive at companies similar to SBI Life Insurance Company in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SBI General Insurance	₹2.4 Lakhs to ₹4.2 Lakhs per year
Bajaj Allianz Life Insurance	₹2.2 Lakhs to ₹3.9 Lakhs per year
Axis Max Life Insurance	₹2.7 Lakhs to ₹3.6 Lakhs per year
Star Health & Allied Insurance	₹2.5 Lakhs to ₹3.3 Lakhs per year
HDFC Life	₹2.3 Lakhs to ₹3.0 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.

How the salary growth look like for a Branch Operation Executive at SBI Life Insurance Company in India?

The salary growth for a Branch Operation Executive at SBI Life Insurance Company depends on factors such as experience, performance, and promotions. On average, a Branch Operation Executive can expect the following growth trajectory at SBI Life Insurance Company:

Experience	Average Salary Range
3 years	₹1.6 Lakhs to ₹3.8 Lakhs per year
4 years	₹2.5 Lakhs to ₹3.2 Lakhs per year

and so on.

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SBI Life Insurance Company Branch Operation Executive Salaries

SBI Life Insurance Company Branch Operation Executive salary in India ranges between ₹1.6 Lakh to ₹3.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.