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SBI Life Insurance Company Executive salaries in India

Annual salary range
1 - 11 years exp.
₹1.4 Lakh - ₹6 Lakhs
Salary of majority employees
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26% less than the average Executive Salary in Insurance Companies for 1 - 11 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Executive Salary
2 - 11 years exp. (8 salaries)
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₹3 L/yr - ₹5.5 L/yr

BFSI, Investments & Trading
Executive Salary
1 - 10 years exp. (7 salaries)
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₹1.4 L/yr - ₹6 L/yr

Human Resources
Executive Salary
2 - 3 years exp. (3 salaries)
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₹3 L/yr - ₹4.6 L/yr

Environment Health & Safety
Executive Salary
2 - 4 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.9 L/yr

Last Updated: 7 Dec 2024

Companies similar to SBI Life Insurance Company for Executive

Company name Avg Annual Salary Open Jobs
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₹1.2 L/yr - ₹3.7 L/yr

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HDFC Life Executive Salary

0 - 5 years exp. (82 salaries)

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₹2.4 L/yr - ₹5 L/yr

arrow icon 19% more
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Max Life Insurance Executive Salary

0 - 6 years exp. (207 salaries)

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₹1 L/yr - ₹5.5 L/yr

arrow icon 5% less
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Bajaj Allianz Life Insurance Executive Salary

0 - 8 years exp. (71 salaries)

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₹1.8 L/yr - ₹5.1 L/yr

arrow icon 4% more
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₹1.5 L/yr - ₹4.4 L/yr

arrow icon 10% less
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₹1.5 L/yr - ₹4.2 L/yr

arrow icon 13% less
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Tata AIA Life Insurance Executive Salary

2 - 11 years exp. (88 salaries)

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₹1.5 L/yr - ₹6.5 L/yr

arrow icon 30% more
2 job openings
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₹1.8 L/yr - ₹3.5 L/yr

arrow icon 23% less
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PNB MetLife Executive Salary

0 - 6 years exp. (33 salaries)

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₹2 L/yr - ₹3.8 L/yr

arrow icon 17% less
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₹2.4 L/yr - ₹4.9 L/yr

arrow icon 23% more
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Star Health & Allied Insurance Executive Salary

0 - 6 years exp. (202 salaries)

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₹1.6 L/yr - ₹5.2 L/yr

arrow icon 12% less
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HDFC Ergo General Insurance Executive Salary

1 - 6 years exp. (180 salaries)

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₹1.5 L/yr - ₹6 L/yr

arrow icon 5% less
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SBI General Insurance Executive Salary

0 - 8 years exp. (132 salaries)

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₹2 L/yr - ₹5 L/yr

arrow icon 2% more
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Shriram Life Insurance Executive Salary

0 - 6 years exp. (46 salaries)

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₹1.8 L/yr - ₹3.5 L/yr

arrow icon 18% less
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₹1.8 L/yr - ₹4.3 L/yr

arrow icon 14% less
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₹1.8 L/yr - ₹5.8 L/yr

arrow icon 17% less
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Care Health Insurance Executive Salary

1 - 7 years exp. (14 salaries)

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₹2 L/yr - ₹3 L/yr

arrow icon 18% less
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Gallagher Executive Salary

1 - 4 years exp. (11 salaries)

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₹2.3 L/yr - ₹3.5 L/yr

arrow icon 10% less
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MetLife Executive Salary

1 - 11 years exp. (5 salaries)

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₹3.6 L/yr - ₹4.7 L/yr

arrow icon 23% more
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₹3 L/yr - ₹4.7 L/yr

arrow icon 7% more
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Executive salary at SBI Life Insurance Company ranges between ₹1.4 Lakh to ₹6 Lakhs per year for employees with experience between 1 year to 11 years. Salary estimates are based on 29 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Executive

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Experience wise SBI Life Insurance Company Executive salaries

Last Updated: 7 Dec 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.4 L/yr - ₹5.8 L/yr
2 years  (4 salaries)

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₹1.3 L/yr - ₹4.5 L/yr
3 years  (7 salaries)

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₹2.2 L/yr - ₹4.1 L/yr
4 years  (5 salaries)

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₹2.1 L/yr - ₹5.5 L/yr
5 years (AmbitionBox Estimate)

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₹3 L/yr - ₹3.5 L/yr
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Similar Designation salaries in SBI Life Insurance Company

Officer Salary
(4 salaries)
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₹2.5 L/yr - ₹4 L/yr
Supervisor Salary
(3 salaries)
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₹3 L/yr - ₹4 L/yr
QA Engineer Salary
(AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr
Deputy Manager Salary
(41 salaries)
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₹2.2 L/yr - ₹10 L/yr
Senior Officer Salary
(4 salaries)
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₹3 L/yr - ₹4.5 L/yr
Junior Engineer Salary
(AmbitionBox Estimate)
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₹8.1 L/yr - ₹10.4 L/yr
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₹3.8 L/yr - ₹4.5 L/yr

Salary related reviews for SBI Life Insurance Company

4.1

Rated by 16 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 02 Dec 2024

2.0
 for  Salary and Benefits

Likes

Hr policy is very good of sbi life but Regional HR is Doll of Regional Director and Regional. Sbi life is a good Company like Government job for Back office employees like sales support, Operations department, Account Department, L&D Department and all Non Sales Employees. For Sales person QVP is Good if you have Good Branches and CIF

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Dislikes

...e those persons who are working in other companies and switching multiple times. A New Employee can get salary more then those employees who are working here from last 8 Year. Due to state bank sbi life is working other there is no respect of sbi life. Promotion norm is very hard, Increment norms is very bed. Over all this company is only for Lucky person like if you got a great cif or branches a temporary staff can do business. Over all this is very bed company for sales person due to QVP people stay here if Company announced there is no QVP 80% of Employees will left this company.

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Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 17 Jan 2024

1.0
 for  Salary and Benefits

Likes

Even though the salary in this company is very less as per the work, the salary is paid on time.

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Dislikes

In today's times, it is important to work to support my family properly, hence I give my 100% to this company so that someday my salary will increase but after working for more than 1 year, I am realizing that It is very difficult to move forward, here we have to work till late night due to which we are not able to give time to our family, and even after doing so much work, we get very low salary so that I cannot support my family properly. I don't know how to do it, even after working for more than 14 hours every day, I don't get any bonus also.

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Full Time

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BFSI, Investments & Trading Department

2.0
  •  posted on 18 Oct 2023

1.0
 for  Salary and Benefits

Likes

...R profile like a puppet.Every single decesion are managed by higher authorities. No work and life balance, salary are on time but no increment very pathetic salary structure. No self respect. No work time. No emotion . Daily pressure. Vary vary bad 😭

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Dislikes

Every thing Accept salary on time

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 23 Mar 2024

2.0
 for  Salary and Benefits

Likes

SBI LIFE company one of d best Lerner and advance business development company. I learnt about recruitment, business development, product knowledge, proper training, market identification, prospect screening everything... This base given me stronger now make my leadership skills, culture is very good, supportive operation staff, digital marketing services also digital payment security is one of d best function. I like learning, build relationships with my team, products and culture.

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Dislikes

It's issue about low salary, holiday weekend not allowed, some seniors behaviour very rude and harrasment. Company HR not responded after leaving job, some manager HR not understanding what is situation about employee. Very badly speak in front of our team, ts hurt.

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Full Time

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Customer Success, Service & Operations Department

1.0
  •  posted on 08 Jul 2023

1.0
 for  Salary and Benefits

Likes

Salary is credited on time. Office ambience is good

Dislikes

There is no work life balance in the company. There is huge salary gap in sales and operations. Work load is unevenly distributed between male and female employees. There is overtime on regular basis and male employees are forced to work overtime and times cooercive language is used. KRA is not properly set and you don't know on which basis you will be rated. Reporting manager is free to use any misappropriate language and HR manager completely support any misdeeds of managers and does every best to supress your complaint.

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SBI Life Insurance Company Executive Salary FAQs

What is the salary of Executive at SBI Life Insurance Company?
Executive salary at SBI Life Insurance Company in India ranges between ₹1.4 Lakhs to ₹6.0 Lakhs for experience between 1 years to 11 years. According to our estimates it is 26% less than the average Executive Salary in India. Salary estimates are based on 29 latest salaries received from various employees of SBI Life Insurance Company India.
How does the salary of a Executive at SBI Life Insurance Company India compare with the average salary range for this job?
The average salary of a Executive at SBI Life Insurance Company is 26% less than the average salary of a Executive in India. To know exact salary insights, login to view.
Which similar companies are paying more than SBI Life Insurance Company to a Executive in India?
  • Tata AIA Life Insurance Executive Salary - ₹1.5 Lakhs to ₹6.5 Lakhs per year
  • Allianz Executive Salary - ₹2.1 Lakhs to ₹8.5 Lakhs per year
  • MetLife Executive Salary - ₹3.6 Lakhs to ₹4.7 Lakhs per year
  • Life Insurance Corporation of India Executive Salary - ₹2.4 Lakhs to ₹4.9 Lakhs per year
  • HDFC Life Executive Salary - ₹2.4 Lakhs to ₹5.0 Lakhs per year
What is the salary of a Executive in companies similar to SBI Life Insurance Company in India?
  • AON Global Insurance Brokers Executive Salary - ₹3.0 Lakhs to ₹4.7 Lakhs per year
  • Bajaj Allianz Life Insurance Executive Salary - ₹1.8 Lakhs to ₹5.1 Lakhs per year
  • SBI General Insurance Executive Salary - ₹2.0 Lakhs to ₹5.0 Lakhs per year
  • HDFC Ergo General Insurance Executive Salary - ₹1.5 Lakhs to ₹6.0 Lakhs per year
  • Max Life Insurance Executive Salary - ₹1.0 Lakhs to ₹5.5 Lakhs per year
What is the estimated take home salary of a Executive at SBI Life Insurance Company in India?
The estimated take-home salary of a Executive at SBI Life Insurance Company ranges between ₹24,996 per month to ₹26,435 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Executive salary in India which ranges between ₹1.4 Lakhs to ₹6.0 Lakhs per year for employees with experience between 1 years to 11 years. Check how did we calculate take home salary?
What is the notice period for Executive at SBI Life Insurance Company?
According to AmbitionBox, 50% of the SBI Life Insurance Company Executives reported a notice period of 15 days or less, 22% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 18 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

SBI Life Insurance Company Executive salary in India ranges between ₹1.4 Lakh to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 29 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.