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SBI Life Insurance Company HR Manager salaries in Mumbai

Annual salary range
2 - 16 years exp.
₹8.5 Lakhs - ₹16 Lakhs
Salary of majority employees
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Fixed (78%)
₹8.1 Lakhs
Variable (22%)
₹2.4 Lakhs
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20% less than the average HR Manager Salary in Insurance Companies for 2 - 16 years of experience

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Last Updated: 21 Sep 2024

Companies similar to SBI Life Insurance Company for HR Manager in Mumbai

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SBI Life Insurance Company HR Manager Salary

2 - 16 years exp. (13 salaries)

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₹8.5 L/yr - ₹16 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹8.5 L/yr - ₹22 L/yr

arrow icon 27% more
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HDFC Life HR Manager Salary

1 - 10 years exp. (21 salaries)

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₹9 L/yr - ₹21 L/yr

arrow icon 17% more
1 job opening
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Max Life Insurance HR Manager Salary

8 - 14 years exp. (4 salaries)

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₹10.3 L/yr - ₹17 L/yr

arrow icon 45% more
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₹15 L/yr - ₹16.9 L/yr

arrow icon 58% more
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Tata AIA Life Insurance HR Manager Salary

5 - 14 years exp. (9 salaries)

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₹13 L/yr - ₹20 L/yr

arrow icon 56% more
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₹7.3 L/yr - ₹14 L/yr

arrow icon 5% less
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₹3.6 L/yr - ₹7.5 L/yr

arrow icon 50% less
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Bharti AXA Life Insurance HR Manager Salary

7 - 13 years exp. (7 salaries)

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₹6.5 L/yr - ₹16.2 L/yr

arrow icon 4% less
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₹3.5 L/yr - ₹10 L/yr

arrow icon 40% less
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HDFC Ergo General Insurance HR Manager Salary

1 - 18 years exp. (12 salaries)

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₹7 L/yr - ₹15 L/yr

arrow icon 14% less
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₹5.8 L/yr - ₹15 L/yr

arrow icon 17% more
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Marsh HR Manager Salary

3 - 10 years exp. (4 salaries)

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₹12 L/yr - ₹15 L/yr

arrow icon 31% more
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SBI General Insurance HR Manager Salary

5 - 9 years exp. (4 salaries)

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₹8.4 L/yr - ₹9 L/yr

arrow icon 17% less
1 job opening
HR Manager salary at SBI Life Insurance Company ranges between ₹8.5 Lakhs to ₹16 Lakhs per year for employees with experience between 2 years to 16 years. Salary estimates are based on 13 latest salaries received from various employees of SBI Life Insurance Company.

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

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Experience wise SBI Life Insurance Company HR Manager salaries in Mumbai

Last Updated: 21 Sep 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹9 L/yr - ₹16.9 L/yr
3 years (AmbitionBox Estimate)

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₹8.6 L/yr - ₹11 L/yr
4 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹12.9 L/yr
5 years (AmbitionBox Estimate)

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₹8.9 L/yr - ₹11.3 L/yr
6 years (AmbitionBox Estimate)

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₹9 L/yr - ₹11.5 L/yr
View all

Similar Designation salaries in SBI Life Insurance Company

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₹6.6 L/yr - ₹10.29 L/yr
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₹18.75 L/yr - ₹30.7 L/yr
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₹3.5 L/yr - ₹7.5 L/yr

Salary related reviews for SBI Life Insurance Company

4.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Human Resources Department

3.0
  •  posted on 11 Oct 2022

4.0
 for  Salary and Benefits

Likes

Medical benefits Job security Brand value HR policy Yearly hike in salary (for non sales specifically)

read more
  • Salary - Good
  • +1 more

Dislikes

Centralised power Zero focus on employees personal growth No focus on work life balance of sales person.

  • Skill development - Bad
  • +2 more

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

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.

read more
  • Salary - Bad
  • +4 more

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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  • Job security - Good
  • +1 more

Dislikes

Every thing Accept salary on time

  • Salary - Bad
  • +4 more

Full Time

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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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  • Skill development - Good
  • +2 more

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.

read more
  • Salary - Poor
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SBI Life Insurance Company HR Manager Salary FAQs

What is the salary of HR Manager at SBI Life Insurance Company Mumbai?
HR Manager salary at SBI Life Insurance Company in Mumbai ranges between ₹8.5 Lakhs to ₹16.0 Lakhs for experience between 2 years to 16 years. According to our estimates it is 20% less than the average HR Manager Salary in India. Salary estimates are based on 13 latest salaries received from various employees of SBI Life Insurance Company Mumbai.
How does the salary of a HR Manager at SBI Life Insurance Company Mumbai compare with the average salary range for this job?
The average salary of a HR Manager at SBI Life Insurance Company is 20% less than the average salary of a HR Manager in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than SBI Life Insurance Company to a HR Manager in Mumbai?
  • Bajaj Allianz Life Insurance HR Manager Salary - ₹15.0 Lakhs to ₹16.9 Lakhs per year
  • Tata AIA Life Insurance HR Manager Salary - ₹13.0 Lakhs to ₹20.0 Lakhs per year
  • Max Life Insurance HR Manager Salary - ₹10.3 Lakhs to ₹17.0 Lakhs per year
  • Marsh HR Manager Salary - ₹12.0 Lakhs to ₹15.0 Lakhs per year
  • ICICI Prudential Life Insurance HR Manager Salary - ₹8.5 Lakhs to ₹22.0 Lakhs per year
What is the salary of a HR Manager in companies similar to SBI Life Insurance Company in Mumbai?
  • HDFC Life HR Manager Salary - ₹9.0 Lakhs to ₹21.0 Lakhs per year
  • Aditya Birla Sun Life Insurance HR Manager Salary - ₹5.8 Lakhs to ₹15.0 Lakhs per year
  • Bharti AXA Life Insurance HR Manager Salary - ₹6.5 Lakhs to ₹16.2 Lakhs per year
  • Reliance Nippon Life Insurance HR Manager Salary - ₹7.3 Lakhs to ₹14.0 Lakhs per year
  • HDFC Ergo General Insurance HR Manager Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year
What is the estimated take home salary of a HR Manager at SBI Life Insurance Company in Mumbai?
The estimated take-home salary of a HR Manager at SBI Life Insurance Company ranges between ₹75,292 per month to ₹77,242 per month in Mumbai. The take-home salary calculation is based on the average SBI Life Insurance Company HR Manager salary in India which ranges between ₹8.5 Lakhs to ₹16.0 Lakhs per year for employees with experience between 2 years to 16 years. Check how did we calculate take home salary?
What is the notice period for HR Manager at SBI Life Insurance Company in Mumbai?
According to AmbitionBox, 57% of the SBI Life Insurance Company HR Managers in Mumbai reported a notice period of 3 Months, 29% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

SBI Life Insurance Company HR Manager salary in Mumbai ranges between ₹8.5 Lakhs to ₹16 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 13 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.