SBI Life Insurance Company Business Strategy Manager Salaries by 5 Employees (Updated 2025)

6 - 8 years exp.

₹12 Lakhs - ₹15 Lakhs

Low Confidence

Salary of majority employees

42% less than the average Business Strategy Manager Salary in Insurance Companies for 6 - 8 years of experience

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Last Updated: 19 Apr 2024

Companies similar to SBI Life Insurance Company for Business Strategy Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Business Strategy Manager Salary 1 - 5 years exp. (3 salaries)	₹12 L/yr - ₹18 L/yr 7% more
Max Life Insurance Business Strategy Manager Salary 4 - 8 years exp. (4 salaries)	₹12.1 L/yr - ₹32 L/yr 58% more
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Aditya Birla Sun Life Insurance Business Strategy Manager Salary 1 - 5 years exp. (4 salaries)	₹6.9 L/yr - ₹12.5 L/yr 31% less
Merkle Sokrati Business Strategy Manager Salary 1 - 5 years exp. (92 salaries)	₹7 L/yr - ₹12 L/yr 27% less
Accenture Business Strategy Manager Salary 6 - 13 years exp. (64 salaries)	₹31.8 L/yr - ₹72 L/yr 285% more

Business Strategy Manager salary at SBI Life Insurance Company ranges between ₹12 Lakhs to ₹15 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Business Strategy Manager salaries

Last Updated: 19 Apr 2024

Experience	Avg Annual Salary
6 years (3 salaries)	₹12 L/yr - ₹13 L/yr
7 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹15 L/yr
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8 years (AmbitionBox Estimate)	₹15 L/yr - ₹15 L/yr

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Salary related reviews for SBI Life Insurance Company

Management Trainee in Kolkata

Full Time

Sales & Business Development Department

3.0

• posted on 02 Nov 2023

4.0

for Salary and Benefits

Likes

Salary and benefits are supportive.

Dislikes

No work life balance. The sales team pushes things like hell specially in the eastern region of the country. Third Saturday is a leave according to the company's leave policies but we don't get that leave.

Product Manager in Mumbai

Engineering - Software & QA Department

5.0

• posted on 03 Sep 2020

3.0

for Salary and Benefits

Likes

During this Covid-19, SBI Life is very supportive & understands the situation well. SBI Life is allowing and encouraging it's employees to work from home, for the same company's IT team is providing all support and resources to make work from home convenient for all.

Dislikes

Career growth and opportunities are low. Compensation n Benefits are average.

Head Human Resources in New Delhi

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 02 Dec 2024

2.0

for Salary and Benefits

Likes

Hr policy is very good of sbi life but Regional HR is Doll of Regional Director and Regional. Sbi life is a good Company like Government job for Back office employees like sales support, Operations department, Account Department, L&D Department and all Non Sales Employees. For Sales person QVP is Good if you have Good Branches and CIF

Dislikes

...e those persons who are working in other companies and switching multiple times. A New Employee can get salary more then those employees who are working here from last 8 Year. Due to state bank sbi life is working other there is no respect of sbi life. Promotion norm is very hard, Increment norms is very bed. Over all this company is only for Lucky person like if you got a great cif or branches a temporary staff can do business. Over all this is very bed company for sales person due to QVP people stay here if Company announced there is no QVP 80% of Employees will left this company.

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.

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.

Development Manager in Jhargram

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 18 Oct 2023

1.0

for Salary and Benefits

Likes

...R profile like a puppet.Every single decesion are managed by higher authorities. No work and life balance, salary are on time but no increment very pathetic salary structure. No self respect. No work time. No emotion . Daily pressure. Vary vary bad 😭

Dislikes

Every thing Accept salary on time

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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SBI Life Insurance Company Business Strategy Manager Salary FAQs

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

Business Strategy Manager salary at SBI Life Insurance Company in India ranges between ₹12.0 Lakhs to ₹15.0 Lakhs for experience between 6 years to 8 years. According to our estimates it is 42% less than the average Business Strategy Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of SBI Life Insurance Company India.

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

The average salary of a Business Strategy Manager at SBI Life Insurance Company is 42% less than the average salary of a Business Strategy Manager in India. To know exact salary insights, login to view.

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

Accenture Business Strategy Manager Salary - ₹31.8 Lakhs to ₹72.0 Lakhs per year
Max Life Insurance Business Strategy Manager Salary - ₹12.1 Lakhs to ₹32.0 Lakhs per year
ICICI Prudential Life Insurance Business Strategy Manager Salary - ₹12.0 Lakhs to ₹18.0 Lakhs per year

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

Merkle Sokrati Business Strategy Manager Salary - ₹7.0 Lakhs to ₹12.0 Lakhs per year
Aditya Birla Sun Life Insurance Business Strategy Manager Salary - ₹6.9 Lakhs to ₹12.5 Lakhs per year

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

The estimated take-home salary of a Business Strategy Manager at SBI Life Insurance Company ranges between ₹97,561 per month to ₹1,00,204 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Business Strategy Manager salary in India which ranges between ₹12.0 Lakhs to ₹15.0 Lakhs per year for employees with experience between 6 years to 8 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the SBI Life Insurance Company Business Strategy Managers reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Business Strategy Manager Salaries

SBI Life Insurance Company Business Strategy Manager salary in India ranges between ₹12 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.