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SBI Life Insurance Company Fund Manager salaries in India

Annual salary range
11 - 12 years exp.
₹40 Lakhs - ₹50 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.
Salary of majority employees
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52% more than the average Fund Manager Salary in Insurance Companies for 11 - 12 years of experience

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Last Updated: 22 Jan 2024

Companies similar to SBI Life Insurance Company for Fund Manager

Company name Avg Annual Salary Open Jobs
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PNB MetLife Fund Manager Salary

15 - 22 years exp. (4 salaries)

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₹70 L/yr - ₹1.5 Cr/yr

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₹16.9 L/yr - ₹50 L/yr

arrow icon 33% less
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Edelweiss Fund Manager Salary

5 - 13 years exp. (4 salaries)

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₹40 L/yr - ₹1 Cr/yr

arrow icon 30% more
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ICICI Securities Fund Manager Salary

17 - 19 years exp. (4 salaries)

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₹35 L/yr - ₹75 L/yr

arrow icon 36% more
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SKDRDP Fund Manager Salary

2 - 11 years exp. (4 salaries)

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₹2.9 L/yr - ₹4 L/yr

arrow icon 93% less
Fund Manager salary at SBI Life Insurance Company ranges between ₹40 Lakhs to ₹50 Lakhs per year for employees with experience between 11 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Fund Manager

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12 years exp.
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11 years exp.
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11 years exp.

Experience wise SBI Life Insurance Company Fund Manager salaries

Last Updated: 22 Jan 2024

Experience Avg Annual Salary
11 years (AmbitionBox Estimate)

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₹40.5 L/yr - ₹51.8 L/yr
12 years (AmbitionBox Estimate)

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₹42.8 L/yr - ₹54.6 L/yr

Similar Designation salaries in SBI Life Insurance Company

Deputy Manager Salary
(41 salaries)
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₹2.2 L/yr - ₹10 L/yr
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₹15 L/yr - ₹19 L/yr
Team Lead Salary
(12 salaries)
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₹2.3 L/yr - ₹4.8 L/yr
Analyst Salary
(4 salaries)
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₹4.2 L/yr - ₹7.95 L/yr
Accountant Salary
(AmbitionBox Estimate)
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₹4.7 L/yr - ₹6 L/yr
Senior Analyst Salary
(AmbitionBox Estimate)
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₹9 L/yr - ₹11.5 L/yr
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₹2 L/yr - ₹7.8 L/yr
Senior Associate Salary
(549 salaries)
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₹2 L/yr - ₹7 L/yr
Associate Analyst Salary
(AmbitionBox Estimate)
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₹2.4 L/yr - ₹3.1 L/yr
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₹45 L/yr - ₹112 L/yr

Salary related reviews for SBI Life Insurance Company

4.0

Rated by 1 employees for salary & benefits

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.

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Dislikes

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

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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

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BFSI, Investments & Trading Department

5.0
  •  posted on 29 Oct 2020

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 salary hike and bonus every year.

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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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SBI Life Insurance Company Fund Manager Salary FAQs

What is the salary of Fund Manager at SBI Life Insurance Company?
Fund Manager salary at SBI Life Insurance Company in India ranges between ₹40.0 Lakhs to ₹50.0 Lakhs for experience between 11 years to 12 years. According to our estimates it is 52% more than the average Fund Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of SBI Life Insurance Company India.
How does the salary of a Fund Manager at SBI Life Insurance Company India compare with the average salary range for this job?
The average salary of a Fund Manager at SBI Life Insurance Company is 52% more than the average salary of a Fund Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than SBI Life Insurance Company to a Fund Manager in India?
  • PNB MetLife Fund Manager Salary - ₹70.0 Lakhs to ₹150.0 Lakhs per year
  • ICICI Securities Fund Manager Salary - ₹35.0 Lakhs to ₹75.0 Lakhs per year
  • Edelweiss Fund Manager Salary - ₹40.0 Lakhs to ₹100.0 Lakhs per year
What is the salary of a Fund Manager in companies similar to SBI Life Insurance Company in India?
  • ICICI Prudential Mutual Fund Fund Manager Salary - ₹16.9 Lakhs to ₹50.0 Lakhs per year
  • SKDRDP Fund Manager Salary - ₹2.9 Lakhs to ₹4.0 Lakhs per year
What is the estimated take home salary of a Fund Manager at SBI Life Insurance Company in India?
The estimated take-home salary of a Fund Manager at SBI Life Insurance Company ranges between ₹2,71,707 per month to ₹2,82,855 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Fund Manager salary in India which ranges between ₹40.0 Lakhs to ₹50.0 Lakhs per year for employees with experience between 11 years to 12 years. Check how did we calculate take home salary?
What is the notice period for Fund Manager at SBI Life Insurance Company?
According to AmbitionBox, 100% of the SBI Life Insurance Company Fund Managers reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

SBI Life Insurance Company Fund Manager salary in India ranges between ₹40 Lakhs to ₹50 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.