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SBI Life Insurance Company Insurance Adviser salaries in Kolkata

Annual salary range
0 - 4 years exp.
₹0.9 Lakh - ₹5.5 Lakhs
Salary of majority employees
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14% more than the average Insurance Adviser Salary in Insurance Companies for 0 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Insurance Adviser Salary
1 - 2 years exp. (3 salaries)
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₹3 L/yr - ₹4.5 L/yr

Finance & Accounting
Insurance Adviser Salary
4 years exp. (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.1 L/yr

Sales & Business Development
Insurance Adviser Salary
Fresher (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.4 L/yr

Consulting
Insurance Adviser Salary
3 years exp. (AmbitionBox Estimate)
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₹3.5 L/yr - ₹5 L/yr

Last Updated: 23 Nov 2024

Companies similar to SBI Life Insurance Company for Insurance Adviser in Kolkata

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SBI Life Insurance Company Insurance Adviser Salary

0 - 4 years exp. (8 salaries)

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₹0.9 L/yr - ₹5.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹1 L/yr - ₹3.3 L/yr

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HDFC Life Insurance Adviser Salary

1 - 5 years exp. (6 salaries)

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₹1.2 L/yr - ₹3.7 L/yr

arrow icon 6% less
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Max Life Insurance Insurance Adviser Salary

1 - 4 years exp. (3 salaries)

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₹1.5 L/yr - ₹3.5 L/yr

arrow icon 31% less
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₹1.2 L/yr - ₹3.5 L/yr

arrow icon 22% less
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₹1 L/yr - ₹3.2 L/yr

arrow icon 25% less
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₹1 L/yr - ₹3 L/yr

arrow icon 19% less
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₹1.8 L/yr - ₹3.5 L/yr

arrow icon 18% less
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₹1 L/yr - ₹5 L/yr

arrow icon 10% less
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₹0.8 L/yr - ₹3.2 L/yr

arrow icon 24% less
Insurance Adviser salary at SBI Life Insurance Company ranges between ₹0.9 Lakh to ₹5.5 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 8 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Insurance Adviser in Kolkata

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Experience wise SBI Life Insurance Company Insurance Adviser salaries in Kolkata

Last Updated: 23 Nov 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.5 L/yr - ₹5.9 L/yr
1 year  (4 salaries)

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₹0.9 L/yr - ₹5.5 L/yr
2 years (AmbitionBox Estimate)

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₹3 L/yr - ₹6.2 L/yr
3 years (AmbitionBox Estimate)

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₹1.4 L/yr - ₹5 L/yr
4 years (AmbitionBox Estimate)

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₹1.4 L/yr - ₹4.1 L/yr

Salary related reviews for SBI Life Insurance Company

2.5

Rated by 4 employees for salary & benefits

Sales & Business Development Department

1.0
  •  posted on 26 Dec 2021

2.0
 for  Salary and Benefits

Likes

Insurance advisors get only commissions based on the product they sell.. No salary.. No job security.. Nothing.. If you sell you get commission, otherwise no money.. There r people who make good money as an insurance advisor.. But i couldn't.. Good selling skill is needed to be a successful insurance agent.. Misselling happens all time.. The client interest is not taken care.. Even persons at top level of management don't know the difference between RRR n normal return.. They don't even know what's RRR.. Financial literacy should be given.. All learned persons know that insurance is not an investment but insurance advisors r taught that it's a good investment return product.. And it's also hard to make a layman wise on financial products.. Even educated people are reluctant to invest money in insurance.. Like I said, a good salesman can definitely make money.. But people with client' interest, ethics would find it hard.. My experience is less, not even 1 year but this is what I learned..

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Dislikes

There is nothing I dislike.. Good infrastructure.. Brand name s there.. But you have to toil hard to get clients.. Because no client means no commission and you have to reach a sales target for regular income.. No money is given to meet your indirect expenses like petrol etc..

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Other Department

4.0
  •  posted on 25 Apr 2022

3.0
 for  Salary and Benefits

Likes

Good work environment and cultural.there is many good policies.give good salary or commission.and company is branded and good response from coustomar.

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Dislikes

There is some policies are not good.senior support is very worthy.there is lot of problem to issue policy and a huge terget for for every month.

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SBI Life insurance Department

5.0
  •  posted on 27 Mar 2021

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 good salary hike and bonus every year.

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Dislikes

All Right.

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

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SBI Life Insurance Company Insurance Adviser Salary FAQs

What is the salary of Insurance Adviser at SBI Life Insurance Company Kolkata?
Insurance Adviser salary at SBI Life Insurance Company in Kolkata ranges between ₹0.9 Lakhs to ₹5.5 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 14% more than the average Insurance Adviser Salary in India. Salary estimates are based on 8 latest salaries received from various employees of SBI Life Insurance Company Kolkata.
How does the salary of a Insurance Adviser at SBI Life Insurance Company Kolkata compare with the average salary range for this job?
The average salary of a Insurance Adviser at SBI Life Insurance Company is 14% more than the average salary of a Insurance Adviser in Kolkata. To know exact salary insights, login to view.
What is the salary of a Insurance Adviser in companies similar to SBI Life Insurance Company in Kolkata?
  • HDFC Life Insurance Adviser Salary - ₹1.2 Lakhs to ₹3.7 Lakhs per year
  • Life Insurance Corporation of India Insurance Adviser Salary - ₹1.0 Lakhs to ₹5.0 Lakhs per year
  • Aditya Birla Sun Life Insurance Insurance Adviser Salary - ₹1.8 Lakhs to ₹3.5 Lakhs per year
  • Kotak Mahindara Life Insurance Insurance Adviser Salary - ₹1.0 Lakhs to ₹3.0 Lakhs per year
  • Bajaj Allianz Life Insurance Insurance Adviser Salary - ₹1.2 Lakhs to ₹3.5 Lakhs per year
What is the estimated take home salary of a Insurance Adviser at SBI Life Insurance Company in Kolkata?
The estimated take-home salary of a Insurance Adviser at SBI Life Insurance Company ranges between ₹25,002 per month to ₹26,441 per month in Kolkata. The take-home salary calculation is based on the average SBI Life Insurance Company Insurance Adviser salary in India which ranges between ₹0.9 Lakhs to ₹5.5 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?
What is the notice period for Insurance Adviser at SBI Life Insurance Company in Kolkata?
According to AmbitionBox, 71% of the SBI Life Insurance Company Insurance Advisers in Kolkata reported a notice period of 15 days or less, 29% reported a notice period of More than 3 months.This is based on 7 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

SBI Life Insurance Company Insurance Adviser salary in Kolkata ranges between ₹0.9 Lakh to ₹5.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.