SBI Life Insurance Company Business Associate Salaries by 3 Employees (Updated 2025)

1 - 15 years exp.

₹2 Lakhs - ₹7 Lakhs

Low Confidence

Salary of majority employees

48% less than the average Business Associate Salary in Insurance Companies for 1 - 15 years of experience

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Salaries in different departments

Sales & Business Development Business Associate Salary 1 year exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr
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Administration & Facilities Business Associate Salary 15 years exp. (AmbitionBox Estimate)	₹6.3 L/yr - ₹7.7 L/yr

Last Updated: 29 Dec 2024

Companies similar to SBI Life Insurance Company for Business Associate

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Business Associate Salary 0 - 2 years exp. (79 salaries)	₹10 L/yr - ₹21 L/yr 496% more
HDFC Life Business Associate Salary 0 - 2 years exp. (4 salaries)	₹2.3 L/yr - ₹8.5 L/yr 59% more
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Max Life Insurance Business Associate Salary 0 - 7 years exp. (4 salaries)	₹3 L/yr - ₹4.5 L/yr 43% more
Tata AIA Life Insurance Business Associate Salary 0 - 11 years exp. (93 salaries)	₹1.5 L/yr - ₹9 L/yr 89% more	24 job openings
ICICI Lombard General Insurance Company Business Associate Salary 0 - 3 years exp. (5 salaries)	₹3.2 L/yr - ₹5.5 L/yr 61% more
Star Health & Allied Insurance Business Associate Salary 2 - 16 years exp. (3 salaries)	₹2 L/yr - ₹3.6 L/yr 12% more

Business Associate salary at SBI Life Insurance Company ranges between ₹2 Lakhs to ₹7 Lakhs per year for employees with experience between 1 year to 15 years. Salary estimates are based on 3 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Business Associate salaries

Last Updated: 29 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹5.6 L/yr
2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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3 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹4.1 L/yr
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
5 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
6 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.9 L/yr
7 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
8 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
9 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
10 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr

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Salary related reviews for SBI Life Insurance Company

Business Development Manager in Rajkot

Full Time

Sales & Business Development Department

3.0

• posted on 01 Feb 2023

2.0

for Salary and Benefits

Likes

Company culture is very bad only pressure nothing or

Dislikes

Official working days me bhi office bulate hain aur bill pay nahi karte hain personal life jaish kuchh nahi rehta hain aur morning 7:00am zoom start kar dete hain

Salary - Poor

+6 more

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.

Job security - Good

Dislikes

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

Work satisfaction - Poor

+2 more

Business Development Manager in Jaipur

Full Time

Sels Department

5.0

• posted on 12 Apr 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

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

Job security - Good

+1 more

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

Business Development Manager in Work Form Bank And Field

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 25 Sep 2023

1.0

for Salary and Benefits

Likes

Only Job Security,

Job security - Good

Dislikes

...hear from long time. Only due to not get any increment I have left the job..... You will hire new persons on higher package but you won't retain ur old employes on giving them some litter bit hike or increment. My humble request to you that plz take care of your old employes who are working on lower package or CTC, from long time...plz don't force them to leave the job due to lower Package... And plz start Rehiring. Lots of old employes are ready to work with sbilife Again.🙏

Salary - Bad

+3 more

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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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SBI Life Insurance Company Business Associate Salary FAQs

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

According to AmbitionBox, 100% of the SBI Life Insurance Company Business Associates reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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SBI Life Insurance Company Business Associate Salaries

SBI Life Insurance Company Business Associate salary in India ranges between ₹2 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.