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SBI Life Insurance Company

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3.8

based on 3.7k Reviews

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SBI Life Insurance Company Divisional Sales Manager salaries in India

Annual salary range
11 - 20 years exp.
₹10 Lakhs - ₹28 Lakhs
Salary of majority employees
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12% more than the average Divisional Sales Manager Salary in Insurance Companies for 11 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Divisional Sales Manager Salary
12 - 17 years exp. (10 salaries)
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₹10 L/yr - ₹20 L/yr

Sales & Business Development
Divisional Sales Manager Salary
11 - 20 years exp. (10 salaries)
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₹12 L/yr - ₹21 L/yr

Last Updated: 16 Oct 2024

Companies similar to SBI Life Insurance Company for Divisional Sales Manager

Company name Avg Annual Salary Open Jobs
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Kotak Mahindara Life Insurance Divisional Sales Manager Salary

15 - 19 years exp. (4 salaries)
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₹12.7 L/yr - ₹22 L/yr

arrow icon 3% less
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Alkem Laboratories Divisional Sales Manager Salary

12 - 26 years exp. (144 salaries)
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₹8 L/yr - ₹20.7 L/yr

arrow icon 9% less
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Berger Paints Divisional Sales Manager Salary

12 - 24 years exp. (89 salaries)
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₹16 L/yr - ₹36.2 L/yr

arrow icon 65% more
 1 job opening
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FDC Divisional Sales Manager Salary

14 - 24 years exp. (52 salaries)
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₹8.3 L/yr - ₹15.8 L/yr

arrow icon 27% less
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Eureka Forbes Divisional Sales Manager Salary

9 - 15 years exp. (45 salaries)
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₹7.2 L/yr - ₹18 L/yr

arrow icon 39% less
Divisional Sales Manager salary at SBI Life Insurance Company ranges between ₹10 Lakhs to ₹28 Lakhs per year for employees with experience between 11 years to 20 years. Salary estimates are based on 30 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Divisional Sales Manager

2mo ago
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11 years exp.
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16 years exp.
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14 years exp.
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20 years exp.
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19 years exp.
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18 years exp.
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18 years exp.
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17 years exp.
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17 years exp.
11mo ago
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16 years exp.

Experience wise SBI Life Insurance Company Divisional Sales Manager salaries

Last Updated: 16 Oct 2024

Experience Avg Annual Salary
11 years (AmbitionBox Estimate)

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₹6.9 L/yr - ₹18 L/yr
12 years (AmbitionBox Estimate)

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₹7 L/yr - ₹18.4 L/yr
13 years (AmbitionBox Estimate)

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₹7 L/yr - ₹18 L/yr
14 years (AmbitionBox Estimate)

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₹14.5 L/yr - ₹21 L/yr
15+ years  (25 salaries)

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₹10 L/yr - ₹28 L/yr

Similar Designation salaries in SBI Life Insurance Company

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Branch Manager Salary
(169 salaries)
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₹6.5 L/yr - ₹15.7 L/yr
Senior Area Manager Salary
(130 salaries)
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₹9 L/yr - ₹21 L/yr
Sales Officer Salary
(103 salaries)
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₹1.7 L/yr - ₹3.8 L/yr
Territory Manager Salary
(100 salaries)
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₹4 L/yr - ₹7 L/yr
Sales Manager Salary
(83 salaries)
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₹1.2 L/yr - ₹5.6 L/yr
Senior Agency Manager Salary
(82 salaries)
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₹3.4 L/yr - ₹5.2 L/yr
Senior Branch Manager Salary
(65 salaries)
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₹9 L/yr - ₹17 L/yr

Top skills at SBI Life Insurance Company for Divisional Sales Manager

Tied Channel Life Insurance Branch Management Branch Handling agency Sales Agency Sales Branch Sales agency development DSM Agent Recruitment Agency Channel

Salary related reviews for SBI Life Insurance Company

3.2

Rated by 10 employees for salary & benefits

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.

read more

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.

read more
  • 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

read more
  • 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.

read more
  • Salary - Poor

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.

read more
  • 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.

read more
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a senior quality lead
Offer letter - Accepted
Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?
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SBI Life Insurance Company Divisional Sales Manager Salary FAQs

What is the salary of Divisional Sales Manager at SBI Life Insurance Company?
Divisional Sales Manager salary at SBI Life Insurance Company in India ranges between ₹10.0 Lakhs to ₹28.0 Lakhs for experience between 11 years to 20 years. According to our estimates it is 12% more than the average Divisional Sales Manager Salary in India. Salary estimates are based on 30 latest salaries received from various employees of SBI Life Insurance Company India.
How does the salary of a Divisional Sales Manager at SBI Life Insurance Company India compare with the average salary range for this job?
The average salary of a Divisional Sales Manager at SBI Life Insurance Company is 12% more than the average salary of a Divisional Sales Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Divisional Sales Manager at SBI Life Insurance Company?
Tied Channel, Life Insurance, Branch Management, Branch Handling and agency are some of the popular skills required to work as a Divisional Sales Manager at SBI Life Insurance Company India.
Which similar companies are paying more than SBI Life Insurance Company to a Divisional Sales Manager in India?
  • Berger Paints Divisional Sales Manager Salary - ₹16.0 Lakhs to ₹36.2 Lakhs per year
What is the salary of a Divisional Sales Manager in companies similar to SBI Life Insurance Company in India?
  • Kotak Mahindara Life Insurance Divisional Sales Manager Salary - ₹12.7 Lakhs to ₹22.0 Lakhs per year
  • Alkem Laboratories Divisional Sales Manager Salary - ₹8.0 Lakhs to ₹20.7 Lakhs per year
  • FDC Divisional Sales Manager Salary - ₹8.3 Lakhs to ₹15.8 Lakhs per year
  • Eureka Forbes Divisional Sales Manager Salary - ₹7.2 Lakhs to ₹18.0 Lakhs per year
What is the estimated take home salary of a Divisional Sales Manager at SBI Life Insurance Company in India?
The estimated take-home salary of a Divisional Sales Manager at SBI Life Insurance Company ranges between ₹1,18,212 per month to ₹1,21,522 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Divisional Sales Manager salary in India which ranges between ₹10.0 Lakhs to ₹28.0 Lakhs per year for employees with experience between 11 years to 20 years. Check how did we calculate take home salary?
What is the notice period for Divisional Sales Manager at SBI Life Insurance Company?
According to AmbitionBox, 74% of the SBI Life Insurance Company Divisional Sales Manager s reported a notice period of 3 Months, 13% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 23 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Divisional Sales Manager Salaries by Location

SBI Life Insurance Company Divisional Sales Manager salary in India ranges between ₹10 Lakhs to ₹28 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 30 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.