SBI Life Insurance Company Chennai Business Manager Salaries by 4 Employees (Updated 2025)

9 - 16 years exp.

₹6.3 Lakhs - ₹8.5 Lakhs

Salary of majority employees

36% less than the average Business Manager Salary in Insurance Companies for 9 - 16 years of experience

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Last Updated: 6 Dec 2023

Companies similar to SBI Life Insurance Company for Business Manager in Chennai

SBI Life Insurance Company Business Manager Salary

9 - 16 years exp. (4 salaries)

₹6.3 L/yr - ₹8.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Bharti AXA Life Insurance Business Manager Salary 1 - 7 years exp. (11 salaries)	₹2.5 L/yr - ₹3.6 L/yr 56% less
HCLTech Business Manager Salary 11 - 18 years exp. (61 salaries)	₹11.5 L/yr - ₹31.5 L/yr 192% more
Login to view exact salary
IBM Business Manager Salary 12 - 21 years exp. (24 salaries)	₹20 L/yr - ₹38 L/yr 332% more
Redington Business Manager Salary 6 - 15 years exp. (22 salaries)	₹7 L/yr - ₹17.5 L/yr 60% more
LivSpace Business Manager Salary 3 - 9 years exp. (14 salaries)	₹7 L/yr - ₹12 L/yr 33% more	7 job openings

Business Manager salary at SBI Life Insurance Company ranges between ₹6.3 Lakhs to ₹8.5 Lakhs per year for employees with experience between 9 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Business Manager salaries in Chennai

Last Updated: 6 Dec 2023

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹13.3 L/yr
10 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.5 L/yr
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11 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.5 L/yr
12 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.6 L/yr
13 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.6 L/yr
14 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.6 L/yr
15+ years (3 salaries)	₹6.8 L/yr - ₹8.5 L/yr

View all

Similar Designation salaries in SBI Life Insurance Company

Area Manager Salary

(13 salaries)

₹6.71 L/yr - ₹13 L/yr

Branch Manager Salary

(4 salaries)

₹7.5 L/yr - ₹14 L/yr

Top skills at SBI Life Insurance Company for Business Manager

Business Development Business Management Digital Marketing

Salary related reviews for SBI Life Insurance Company

Area Sales Manager in Vijayawada

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 05 Aug 2023

5.0

for Salary and Benefits

Likes

I am so Proud to say Working this organisation last 4years. i got a two promotions last two years.

Salary - Excellent

+6 more

Dislikes

I expecting Long time Vintage Employes Expect Minimum Salary hike. because Now a days out side companies giving a more salary hikes Vintage persons so Our Company giving a minimum hikes of Vintage Employes it will so benefit and no one live Our Company.

Business Development Executive in Gangtok

Full Time

Marketing & Communication Department

4.0

• posted on 13 Sep 2023

5.0

for Salary and Benefits

Likes

very good company with good oppurtunities and good pay

Salary - Excellent

+4 more

Dislikes

management is not so good,specially our managers always threatning for resign and salary hold.company needs to fix this kind of problems for their employee to work with full motivation

Job security - Poor

Senior Business Development Executive in Ongole

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 09 Jun 2023

2.0

for Salary and Benefits

Likes

No positive to tell company not good salary not good supporting staff.

Dislikes

Treating very cheap to front line employees(Field workers).and also no support to superior s.. always blamed for front line employees.

Salary - Poor

+4 more

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 Business Development Manager in Katni

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 20 Apr 2022

2.0

for Salary and Benefits

Likes

Best brand in insurance sector..well known..

Skill development - Good

+4 more

Dislikes

Salary is low as per targets given by company..incentives are good but company has to think for good salary as well.. Products is not up to the mark as per market competition.

Salary - Poor

see more salary related reviews

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AmbitionBox

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 Manager Salary FAQs

What is the salary of Business Manager at SBI Life Insurance Company Chennai?

Business Manager salary at SBI Life Insurance Company in Chennai ranges between ₹6.3 Lakhs to ₹8.5 Lakhs for experience between 9 years to 16 years. According to our estimates it is 36% less than the average Business Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of SBI Life Insurance Company Chennai.

How does the salary of a Business Manager at SBI Life Insurance Company Chennai compare with the average salary range for this job?

The average salary of a Business Manager at SBI Life Insurance Company is 36% less than the average salary of a Business Manager in Chennai. To know exact salary insights, login to view.

What are the top skills required to work as a Business Manager at SBI Life Insurance Company?

Business Development, Business Management and Digital Marketing are some of the popular skills required to work as a Business Manager at SBI Life Insurance Company Chennai.

Which similar companies are paying more than SBI Life Insurance Company to a Business Manager in Chennai?

IBM Business Manager Salary - ₹20.0 Lakhs to ₹38.0 Lakhs per year
HCLTech Business Manager Salary - ₹11.5 Lakhs to ₹31.5 Lakhs per year
Redington Business Manager Salary - ₹7.0 Lakhs to ₹17.5 Lakhs per year
LivSpace Business Manager Salary - ₹7.0 Lakhs to ₹12.0 Lakhs per year

What is the salary of a Business Manager in companies similar to SBI Life Insurance Company in Chennai?

Bharti AXA Life Insurance Business Manager Salary - ₹2.5 Lakhs to ₹3.6 Lakhs per year

What is the estimated take home salary of a Business Manager at SBI Life Insurance Company in Chennai?

The estimated take-home salary of a Business Manager at SBI Life Insurance Company ranges between ₹55,209 per month to ₹56,590 per month in Chennai. The take-home salary calculation is based on the average SBI Life Insurance Company Business Manager salary in India which ranges between ₹6.3 Lakhs to ₹8.5 Lakhs per year for employees with experience between 9 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Business Manager at SBI Life Insurance Company in Chennai?

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

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SBI Life Insurance Company Business Manager Salaries in Chennai

SBI Life Insurance Company Business Manager salary in Chennai ranges between ₹6.3 Lakhs to ₹8.5 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.