SBI Life Insurance Company Branch Operation Officer Salaries by 4 Employees (Updated 2024)

6 - 14 years exp.

₹3.5 Lakhs - ₹4 Lakhs

Low Confidence

Salary of majority employees

5% more than the average Branch Operation Officer Salary in Insurance Companies for 6 - 14 years of experience

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Last Updated: 20 Jul 2024

Companies similar to SBI Life Insurance Company for Branch Operation Officer

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Branch Operation Officer Salary 0 - 7 years exp. (6 salaries)	₹2 L/yr - ₹3 L/yr 30% less
HDFC Life Branch Operation Officer Salary 2 - 6 years exp. (11 salaries)	₹1.8 L/yr - ₹4.6 L/yr 21% less
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Bajaj Allianz Life Insurance Branch Operation Officer Salary 2 - 5 years exp. (4 salaries)	₹2 L/yr - ₹2.6 L/yr 42% less
Reliance Nippon Life Insurance Branch Operation Officer Salary 6 - 9 years exp. (6 salaries)	₹2.3 L/yr - ₹4.3 L/yr 22% less
Star Health & Allied Insurance Branch Operation Officer Salary 3 - 6 years exp. (4 salaries)	₹2 L/yr - ₹3.6 L/yr 20% less

Branch Operation Officer salary at SBI Life Insurance Company ranges between ₹3.5 Lakhs to ₹4 Lakhs per year for employees with experience between 6 years to 14 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 Officer salaries

Last Updated: 20 Jul 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
8 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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13 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
14 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 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..

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

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

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 .

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.

Dislikes

everything is ok in sbi there is to much of review

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.

see more salary related reviews

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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 Branch Operation Officer Salary FAQs

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

Branch Operation Officer salary at SBI Life Insurance Company in India ranges between ₹3.5 Lakhs to ₹4.0 Lakhs for experience between 6 years to 14 years. According to our estimates it is 5% more than the average Branch Operation Officer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of SBI Life Insurance Company India.

How does the salary of a Branch Operation Officer at SBI Life Insurance Company India compare with the average salary range for this job?

The average salary of a Branch Operation Officer at SBI Life Insurance Company is 5% more than the average salary of a Branch Operation Officer in India. To know exact salary insights, login to view.

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

Star Health & Allied Insurance Branch Operation Officer Salary - ₹2.0 Lakhs to ₹3.6 Lakhs per year
HDFC Life Branch Operation Officer Salary - ₹1.8 Lakhs to ₹4.6 Lakhs per year
Reliance Nippon Life Insurance Branch Operation Officer Salary - ₹2.3 Lakhs to ₹4.3 Lakhs per year
ICICI Prudential Life Insurance Branch Operation Officer Salary - ₹2.0 Lakhs to ₹3.0 Lakhs per year
Bajaj Allianz Life Insurance Branch Operation Officer Salary - ₹2.0 Lakhs to ₹2.6 Lakhs per year

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

The estimated take-home salary of a Branch Operation Officer at SBI Life Insurance Company ranges between ₹27,724 per month to ₹29,122 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Branch Operation Officer salary in India which ranges between ₹3.5 Lakhs to ₹4.0 Lakhs per year for employees with experience between 6 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Branch Operation Officer at SBI Life Insurance Company?

According to AmbitionBox, 67% of the SBI Life Insurance Company Branch Operation Officers reported a notice period of 1 Month, 33% reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Branch Operation Officer Salaries

SBI Life Insurance Company Branch Operation Officer salary in India ranges between ₹3.5 Lakhs to ₹4 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.