SBI Life Insurance Company Mumbai Fund Manager Salaries by 4 Employees (Updated 2025)

11 - 12 years exp.

₹40 Lakhs - ₹50 Lakhs

Salary of majority employees

8% less 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 in Mumbai

SBI Life Insurance Company Fund Manager Salary

11 - 12 years exp. (4 salaries)

₹40 L/yr - ₹50 L/yr

Company name	Avg Annual Salary	Open Jobs
PNB MetLife Fund Manager Salary 15 - 22 years exp. (4 salaries)	₹70 L/yr - ₹1.5 Cr/yr 155% more
ICICI Securities Fund Manager Salary 17 - 19 years exp. (4 salaries)	₹35 L/yr - ₹75 L/yr 30% more
Login to view exact salary
PhillipCapital Fund Manager Salary 13 - 16 years exp. (4 salaries)	₹30 L/yr - ₹31.6 L/yr 33% less
Aditya Birla Sun Life Pension Management Fund Manager Salary 4 - 8 years exp. (4 salaries)	₹15 L/yr - ₹30 L/yr 53% less
Quant Money Managers Fund Manager Salary 2 - 6 years exp. (4 salaries)	₹7.5 L/yr - ₹25.2 L/yr 66% 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.

Experience wise SBI Life Insurance Company Fund Manager salaries in Mumbai

Last Updated: 22 Jan 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹40.5 L/yr - ₹51.8 L/yr
Login to view exact salary
12 years (AmbitionBox Estimate)	₹42.8 L/yr - ₹54.6 L/yr

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Salary related reviews for SBI Life Insurance Company

4.0

Rated by 1 employees for salary & benefits

Senior Associate in New Delhi

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.

Job security - Good

Dislikes

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

Work satisfaction - Poor

+2 more

Senior Associate in Jaipur

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 29 Apr 2018

3.0

for Salary and Benefits

Likes

Company is

Job security - Good

+1 more

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

Senior Associate in Sultanpur

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.

Salary - Excellent

+6 more

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

Sales Support Associate in Kishanganj

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.

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.

Salary - Bad

+4 more

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SBI Life Insurance Company Fund Manager Salary FAQs

What is the salary of Fund Manager at SBI Life Insurance Company Mumbai?

Fund Manager salary at SBI Life Insurance Company in Mumbai ranges between ₹40.0 Lakhs to ₹50.0 Lakhs for experience between 11 years to 12 years. According to our estimates it is 8% less 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 Mumbai.

How does the salary of a Fund Manager at SBI Life Insurance Company Mumbai compare with the average salary range for this job?

The average salary of a Fund Manager at SBI Life Insurance Company is 8% less than the average salary of a Fund Manager in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than SBI Life Insurance Company to a Fund Manager in Mumbai?

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

What is the salary of a Fund Manager in companies similar to SBI Life Insurance Company in Mumbai?

PhillipCapital Fund Manager Salary - ₹30.0 Lakhs to ₹31.6 Lakhs per year
Aditya Birla Sun Life Pension Management Fund Manager Salary - ₹15.0 Lakhs to ₹30.0 Lakhs per year
Quant Money Managers Fund Manager Salary - ₹7.5 Lakhs to ₹25.2 Lakhs per year

What is the estimated take home salary of a Fund Manager at SBI Life Insurance Company in Mumbai?

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 Mumbai. 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 in Mumbai?

According to AmbitionBox, 100% of the SBI Life Insurance Company Fund Managers in Mumbai reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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SBI Life Insurance Company Fund Manager Salaries in Mumbai

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