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SBI Life Insurance Company

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3.8

based on 3.9k Reviews

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SBI Life Insurance Company Divisional Sales Manager salaries in Mumbai

Annual salary range
16 - 19 years exp.
₹15 Lakhs - ₹19 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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At par with the average Divisional Sales Manager Salary in Insurance Companies for 16 - 19 years of experience

Interested in this particular role?

Last Updated: 2 Sep 2024

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SBI Life Insurance Company Divisional Sales Manager Salary

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₹15 L/yr - ₹19 L/yr

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Divisional Sales Manager salary at SBI Life Insurance Company ranges between ₹15 Lakhs to ₹19 Lakhs per year for employees with experience between 16 years to 19 years. Salary estimates are based on 3 latest salaries received from various employees of SBI Life Insurance Company.

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

7mo ago
₹15 Lakhs
16 years exp.

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

Last Updated: 2 Sep 2024

Experience Avg Annual Salary
15+ years  (3 salaries)

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₹15 L/yr - ₹19 L/yr

Similar Designation salaries in SBI Life Insurance Company

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₹3.18 L/yr - ₹5.6 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

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

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.

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  • Salary - Poor
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2w (edited)
peacemaker
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works at
Georgia-Pacific
New offer. Confused.
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 Mumbai?
The salary growth for a Divisional Sales Manager at SBI Life Insurance Company in Mumbai depends on factors such as experience, performance, and promotions. On average, a Divisional Sales Manager in Mumbai can expect the following growth trajectory at SBI Life Insurance Company:

Experience Average Salary Range
15 years ₹15.0 Lakhs to ₹19.0 Lakhs per year
and so on.

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SBI Life Insurance Company Divisional Sales Manager salary in Mumbai ranges between ₹15 Lakhs to ₹19 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.