SBI Life Insurance Company Chief Manager Salaries by 4 Employees

2 - 20 years exp.

₹17 Lakhs - ₹40 Lakhs

Low Confidence

Salary of majority employees

36% more than the average Chief Manager Salary in Insurance Companies for 2 - 20 years of experience

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Last Updated: 5 Oct 2024

Companies similar to SBI Life Insurance Company for Chief Manager

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindara Life Insurance Chief Manager Salary 0 - 17 years exp. (481 salaries)	₹5.2 L/yr - ₹18.5 L/yr 64% less
ICICI Lombard General Insurance Company Chief Manager Salary 3 - 19 years exp. (473 salaries)	₹10 L/yr - ₹22 L/yr 46% less
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HDFC Life Chief Manager Salary 5 - 20 years exp. (206 salaries)	₹14 L/yr - ₹30 L/yr 25% less	2 job openings
Axis Max Life Insurance Chief Manager Salary 7 - 20 years exp. (191 salaries)	₹10.9 L/yr - ₹37.7 L/yr 23% less	4 job openings
Reliance Nippon Life Insurance Chief Manager Salary 7 - 23 years exp. (113 salaries)	₹7 L/yr - ₹25 L/yr 53% less
ICICI Prudential Life Insurance Chief Manager Salary 9 - 22 years exp. (72 salaries)	₹14.5 L/yr - ₹40 L/yr 8% less
Aditya Birla Health Insurance Co Chief Manager Salary 2 - 19 years exp. (64 salaries)	₹13.3 L/yr - ₹36.2 L/yr 26% less
Bajaj Allianz Life Insurance Chief Manager Salary 7 - 21 years exp. (62 salaries)	₹12.5 L/yr - ₹38 L/yr 15% less
SBI General Insurance Chief Manager Salary 4 - 20 years exp. (60 salaries)	₹11.5 L/yr - ₹21 L/yr 44% less
PNB MetLife Chief Manager Salary 6 - 16 years exp. (56 salaries)	₹14 L/yr - ₹30.6 L/yr 21% less	1 job opening
Aditya Birla Sun Life Insurance Chief Manager Salary 4 - 17 years exp. (54 salaries)	₹12 L/yr - ₹32.5 L/yr 30% less
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Star Health & Allied Insurance Chief Manager Salary 5 - 20 years exp. (44 salaries)	₹5.4 L/yr - ₹23 L/yr 57% less
Life Insurance Corporation of India Chief Manager Salary 29 - 32 years exp. (5 salaries)	₹8 L/yr - ₹25 L/yr 39% less
MetLife Chief Manager Salary 3 - 22 years exp. (4 salaries)	₹1 L/yr - ₹31.9 L/yr 47% less
Gallagher Chief Manager Salary 7 - 13 years exp. (3 salaries)	₹15 L/yr - ₹17.5 L/yr 45% less

Chief Manager salary at SBI Life Insurance Company ranges between ₹17 Lakhs to ₹40 Lakhs per year for employees with experience between 2 years to 20 years. Salary estimates are based on 4 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Chief Manager salaries

Last Updated: 5 Oct 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹36 L/yr - ₹46 L/yr
10 years (AmbitionBox Estimate)	₹15.3 L/yr - ₹19.5 L/yr
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15+ years (AmbitionBox Estimate)	₹28.8 L/yr - ₹36.8 L/yr

Similar Designation salaries in SBI Life Insurance Company

Area Manager Salary

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₹4.6 L/yr - ₹14.21 L/yr

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₹1.2 L/yr - ₹5.5 L/yr

Credit Manager Salary

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₹15.8 L/yr - ₹20.2 L/yr

Cluster Manager Salary

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₹3.5 L/yr - ₹5.25 L/yr

Branch Manager Salary

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₹6.5 L/yr - ₹16 L/yr

Deputy Manager Salary

(38 salaries)

₹2.5 L/yr - ₹10 L/yr

Territory Manager Salary

(100 salaries)

₹4 L/yr - ₹7 L/yr

Operations Manager Salary

(44 salaries)

₹3.6 L/yr - ₹13 L/yr

Area Sales Manager Salary

(17 salaries)

₹3.75 L/yr - ₹13.5 L/yr

Sales Officer Salary

(100 salaries)

₹1.8 L/yr - ₹4 L/yr

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 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

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.

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

Business Development Manager in Bangalore / Bengaluru

Sales Department

1.0

• posted on 12 May 2022

5.0

for Salary and Benefits

Likes

Salary before month end Brand Reputation

Salary - Excellent

+1 more

Dislikes

No personal life satisfaction Terrible AM behavior No felicitation No recognition Poor plans and costly Pressure will come like he'll If channel partners not supported even though we've to do business.. Less customer service at channel partner

Skill development - Poor

+2 more

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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SBI Life Insurance Company Chief Manager Salary FAQs

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

The average salary of a Chief Manager at SBI Life Insurance Company in India typically ranges from ₹17.0 Lakhs to ₹40.0 Lakhs per year, depending on experience (from 2 years to 20 years).

The top 10% of Chief Manager at SBI Life Insurance Company earn more than ₹40.0 Lakhs per year, and the top 1% earn over ₹40.0 Lakhs per year. Chief Manager Salaries at SBI Life Insurance Company can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 SBI Life Insurance Company employees in India.

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

The estimated take-home salary of a Chief Manager at SBI Life Insurance Company in India typically ranges from ₹1,86,402 to ₹1,93,693 per month. This is based on the average salary range of ₹17.0 Lakhs to ₹40.0 Lakhs per year for employees with experience ranging from 2 years to 20 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of SBI Life Insurance Company. Check how we calculate in-hand salary with our in-hand salary calculator.

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

The salary of a Chief Manager at companies similar to SBI Life Insurance Company in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Prudential Life Insurance	₹14.5 Lakhs to ₹40.0 Lakhs per year
Bajaj Allianz Life Insurance	₹12.5 Lakhs to ₹38.0 Lakhs per year
PNB MetLife	₹14.0 Lakhs to ₹30.6 Lakhs per year
Axis Max Life Insurance	₹10.9 Lakhs to ₹37.7 Lakhs per year
HDFC Life	₹14.0 Lakhs to ₹30.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Chief Manager at SBI Life Insurance Company in India?

The salary growth for a Chief Manager at SBI Life Insurance Company depends on factors such as experience, performance, and promotions. On average, a Chief Manager can expect the following growth trajectory at SBI Life Insurance Company:

Experience	Average Salary Range
2 years	₹36.0 Lakhs to ₹46.0 Lakhs per year
10 years	₹15.3 Lakhs to ₹19.5 Lakhs per year
15 years	₹28.8 Lakhs to ₹36.8 Lakhs per year

and so on.

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SBI Life Insurance Company Chief Manager Salaries

SBI Life Insurance Company Chief Manager salary in India ranges between ₹17 Lakhs to ₹40 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.

SBI Life Insurance Company Chief Manager salaries in India

Companies similar to SBI Life Insurance Company for Chief Manager

Latest annual salaries shared by SBI Life Insurance Company Chief Manager

Experience wise SBI Life Insurance Company Chief Manager salaries

Similar Designation salaries in SBI Life Insurance Company

Salary related reviews for SBI Life Insurance Company

Area Sales Manager in Vijayawada

Business Development Manager in Rajkot

Business Development Manager in Jaipur

Business Development Manager in Work Form Bank And Field

Business Development Manager in Bangalore / Bengaluru

SBI Life Insurance Company Chief Manager Salary FAQs

Tell us how to improve this page.