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SBI Life Insurance Company

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3.8

based on 3.7k Reviews

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Chennai
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SBI Life Insurance Company Salaries in Chennai

based on 378 latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Sales & Business Development Customer Success, Service & Operations Marketing & Communication + 5 more
Designation Avg Annual Salary Open Jobs

Business Development Manager

0 - 13 years exp. · Chennai (87 salaries)
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₹2.5 L/yr - ₹6.4 L/yr

Senior Business Development Manager

4 - 13 years exp. · Chennai (22 salaries)
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₹3.8 L/yr - ₹7.6 L/yr

Senior Associate

3 - 7 years exp. · Chennai (21 salaries)
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₹2.5 L/yr - ₹5.5 L/yr

Area Manager

6 - 18 years exp. · Chennai (13 salaries)
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₹6.7 L/yr - ₹13 L/yr

Starting your career? Discover SBI Life Insurance Company fresher salaries in India

Management Trainee

0 - 1 year exp. · Chennai (7 salaries)
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₹5.9 L/yr - ₹9 L/yr

Sales Executive

0 - 6 years exp. · Chennai (5 salaries)
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₹2.4 L/yr - ₹3.1 L/yr

Associate Vice President

13 - 18 years exp. · Chennai (5 salaries)
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₹15 L/yr - ₹20.3 L/yr

Sr BDM

5 - 13 years exp. · Chennai (5 salaries)
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₹4.2 L/yr - ₹6.5 L/yr

Zonal Area Manager

14 - 21 years exp. · Chennai (5 salaries)
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₹18.5 L/yr - ₹25 L/yr

Financial Advisor

1 - 4 years exp. · Chennai (4 salaries)
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₹2 L/yr - ₹4.1 L/yr

Business Manager

9 - 16 years exp. · Chennai (4 salaries)
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₹6.3 L/yr - ₹8.5 L/yr

Insurance Adviser

1 - 2 years exp. · Chennai (4 salaries)
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₹1.5 L/yr - ₹4.5 L/yr

Senior Branch Manager

15 - 22 years exp. · Chennai (4 salaries)
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₹10 L/yr - ₹12.4 L/yr

Branch Sales Manager

11 - 20 years exp. · Chennai (4 salaries)
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₹8.4 L/yr - ₹13 L/yr

Senior Area Manager

12 - 20 years exp. · Chennai (4 salaries)
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₹12.8 L/yr - ₹16.5 L/yr

SBI Life Insurance

1 - 9 years exp. · Chennai (4 salaries)
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₹2.1 L/yr - ₹3.5 L/yr

Operations Associate

3 - 6 years exp. · Chennai (4 salaries)
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₹2.1 L/yr - ₹4.5 L/yr

Branch Manager

14 - 24 years exp. · Chennai (4 salaries)
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₹7.5 L/yr - ₹14 L/yr

Process Associate

1 - 3 years exp. · Chennai (3 salaries)
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₹1.2 L/yr - ₹3.1 L/yr

Divisional Sales Manager

14 - 17 years exp. · Chennai (3 salaries)
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₹16.5 L/yr - ₹21 L/yr

Last Updated: 26 Jan, 2025

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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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Salary related reviews for SBI Life Insurance Company

3.3

Rated by 81 employees for salary & benefits

Senior Learning And Development Manager in Chennai

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 03 Jun 2023
1.0
 for  Salary and Benefits

Likes

Excellent HR benefits like Group Mediclaim even for In-laws. Mobile bill and Broadband reimbursement.

  • Skill development - Good
    +1 more

Dislikes

Culture , process and appraisal. Can't expect fast growth. Unmatched Salary compared to current market.

read more
  • Salary - Bad
    +2 more

Quality Assurance Engineer in Chennai

Data Science & Analytics Department

5.0
  •  posted on 01 Apr 2021
4.0
 for  Salary and Benefits

Likes

...ude and different behave apply. It is the main Mina's point. SBI Life Insurance. Otherthings haven't permanent Salary. Outdoor duty and marketing research and visit the people I am not havituted. It is very difficult for me. Thanks ReenaRoy

read more
  • Salary - Good
    +5 more

Dislikes

Fourth class stuff order to me via manager I can't tolerate.

Business Development Manager in Deoghar

Full Time

 · 

Marketing & Communication Department

5.0
  •  posted on 30 Jan 2025
2.0
 for  Salary and Benefits

Likes

Very good policy, good Behaviour from all senior Management.

  • Skill development - Good
    +3 more

Dislikes

I am working from last 8 year but my salary is very low. If someone working is in other companies and they switched from there to here they are getting good CTC. If you are working in good location and if your assign branch and branch manager is good so you can get promotion but if you not working in good location or your assign branch is not good it's very deficit to get promotion.

read more
  • Salary - Poor

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.

read more

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.

read more
  • Salary - Bad
    +4 more

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 😭

read more
  • Job security - Good
    +1 more

Dislikes

Every thing Accept salary on time

  • Salary - Bad
    +4 more
see more salary related reviews

SBI Life Insurance Company interview questions by designations

Business Development Manager (19)Senior Associate (10)Senior Business Development Executive (10)Senior Business Development Manager (9)
View all 214 interview experiences

Know more about SBI Life Insurance Company Chennai

More about working at SBI Life Insurance Company

SBI Life Insurance Company Salary FAQs

How much does SBI Life Insurance Company pay per year?
The average SBI Life Insurance Company salary ranges from approximately ₹0.2 Lakh to ₹3 Lakhs per year for a Banking Assistant and ₹45 Lakhs to ₹1.1 Crore per year for a Senior Vice President. Salary estimates are based on 378 SBI Life Insurance Company salaries received from various employees of SBI Life Insurance Company. SBI Life Insurance Company employees rate the overall salary and benefits package 3.3/5 stars.
What is the highest salary in SBI Life Insurance Company?
The highest-paying job at SBI Life Insurance Company is a Senior Vice President with a salary of ₹45 Lakhs to ₹1.1 Crore per year. The top 10% of employees earn more than ₹12.60 lakhs per year. The top 1% earn more than a whopping ₹35.57 lakhs per year.
What is the minimum salary in SBI Life Insurance Company?
Minimum salary at SBI Life Insurance Company depends on the role you are applying for. For Associate the minimum salary is ₹1 Lakh to ₹4.5 Lakhs per year, and for Development Manager the minimum salary is ₹1.8 Lakh to ₹4.6 Lakhs per year and so on.
What is the salary package for freshers in SBI Life Insurance Company?
The average salary at SBI Life Insurance Company for freshers varies from ₹1 Lakh to ₹2 Lakhs per year for Telecaller and ₹5.5 Lakhs to ₹12 Lakhs per year for Assistant Manager.
What is the notice period at SBI Life Insurance Company in Chennai?
According to AmbitionBox, 30% of the SBI Life Insurance Company employees in Chennai reported a notice period of 15 days or less, 28% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 316 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Chennai Salaries by Department

Average annual salary in SBI Life Insurance Company , Chennai is INRunlock blur . Salary estimates are based on 378 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

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