SBI Life Insurance Company Deputy Manager 1 Salaries by Employees (Updated 2025)

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₹4.1 Lakhs - ₹5.2 Lakhs

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Last Updated: 10 Oct 2024

Companies similar to SBI Life Insurance Company for Deputy Manager 1

Company name	Avg Annual Salary	Open Jobs
HDFC Life Deputy Manager 1 Salary 3 - 15 years exp. (3 salaries)	₹7.2 L/yr - ₹12 L/yr 90% more
Max Life Insurance Deputy Manager 1 Salary 3 - 5 years exp. (5 salaries)	₹3.5 L/yr - ₹5.8 L/yr 3% more
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Kotak Mahindara Life Insurance Deputy Manager 1 Salary 3 - 9 years exp. (6 salaries)	₹2.5 L/yr - ₹5 L/yr 24% less
HDFC Ergo General Insurance Deputy Manager 1 Salary 4 - 11 years exp. (9 salaries)	₹4.5 L/yr - ₹6.3 L/yr 10% more
SBI General Insurance Deputy Manager 1 Salary 4 - 11 years exp. (3 salaries)	₹4.4 L/yr - ₹5.6 L/yr 4% more

Deputy Manager 1 salary at SBI Life Insurance Company ranges between ₹4.1 Lakhs to ₹5.2 Lakhs per year for employees with 6 years of experience. Salary estimates are based on 1 latest salaries received from various employees of SBI Life Insurance Company.

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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

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.

Dislikes

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

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.

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

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,

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.🙏

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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 Deputy Manager 1 Salary FAQs

What is the notice period for Deputy Manager 1 at SBI Life Insurance Company?

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

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SBI Life Insurance Company Deputy Manager 1 Salaries

SBI Life Insurance Company Deputy Manager 1 salary in India ranges between ₹4.1 Lakhs to ₹5.2 Lakhs. This is an estimate based on latest salaries received from employees of SBI Life Insurance Company.