SBI Life Insurance Company Chennai Divisional Sales Manager Salaries by 3 Employees

14 - 17 years exp.

₹16.5 Lakhs - ₹21 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

At par with the average Divisional Sales Manager Salary in Insurance Companies for 14 - 17 years of experience

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Salaries in different departments

Sales & Business Development Divisional Sales Manager Salary 14 - 17 years exp. (AmbitionBox Estimate)	₹16.5 L/yr - ₹21 L/yr
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BFSI, Investments & Trading Divisional Sales Manager Salary 17 years exp. (AmbitionBox Estimate)	₹18.1 L/yr - ₹20 L/yr

Last Updated: 1 Aug 2024

Companies similar to SBI Life Insurance Company for Divisional Sales Manager in Chennai

SBI Life Insurance Company Divisional Sales Manager Salary

14 - 17 years exp. (3 salaries)

₹16.5 L/yr - ₹21 L/yr

Company name	Avg Annual Salary	Open Jobs
Alkem Laboratories Divisional Sales Manager Salary 14 - 23 years exp. (10 salaries)	₹10.5 L/yr - ₹15.3 L/yr 20% less
Zuventus Healthcare Divisional Sales Manager Salary 19 - 24 years exp. (5 salaries)	₹15 L/yr - ₹19 L/yr 5% less
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Eris Lifesciences Divisional Sales Manager Salary 19 - 31 years exp. (3 salaries)	₹23 L/yr - ₹28 L/yr 41% more
Maxwell Logistics Divisional Sales Manager Salary 23 - 25 years exp. (3 salaries)	₹7.7 L/yr - ₹9.8 L/yr 54% less

Divisional Sales Manager salary at SBI Life Insurance Company ranges between ₹16.5 Lakhs to ₹21 Lakhs per year for employees with experience between 14 years to 17 years. Salary estimates are based on 3 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Divisional Sales Manager salaries in Chennai

Last Updated: 1 Aug 2024

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹16.5 L/yr - ₹21.1 L/yr
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15+ years (AmbitionBox Estimate)	₹16.7 L/yr - ₹21.3 L/yr

Similar Designation salaries in SBI Life Insurance Company

Business Development Manager Salary

(88 salaries)

₹2.5 L/yr - ₹6.4 L/yr

Senior Business Development Manager Salary

(19 salaries)

₹3.8 L/yr - ₹7.5 L/yr

Senior Branch Manager Salary

(4 salaries)

₹10 L/yr - ₹12 L/yr

Senior Area Manager Salary

(4 salaries)

₹12.8 L/yr - ₹16.5 L/yr

Sales Manager Salary

(3 salaries)

₹2.1 L/yr - ₹4.75 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

2.0

Rated by 1 employees for salary & benefits

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.

Salary - Poor

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.

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.

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

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.

Salary - Poor

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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SBI Life Insurance Company Divisional Sales Manager Salary FAQs

How the salary growth look like for a Divisional Sales Manager at SBI Life Insurance Company in Chennai?

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

Experience	Average Salary Range
14 years	₹16.5 Lakhs to ₹21.1 Lakhs per year
15 years	₹16.7 Lakhs to ₹21.3 Lakhs per year

and so on.

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SBI Life Insurance Company Divisional Sales Manager Salaries in Chennai

SBI Life Insurance Company Divisional Sales Manager salary in Chennai ranges between ₹16.5 Lakhs to ₹21 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.