SBI Life Insurance Company Insurance Analyst Salaries by 4 Employees

0 - 12 years exp.

₹2 Lakhs - ₹14 Lakhs

Low Confidence

Salary of majority employees

64% more than the average Insurance Analyst Salary in Insurance Companies for 0 - 12 years of experience

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Salaries in different departments

Finance & Accounting Insurance Analyst Salary 0 - 6 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹5 L/yr
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BFSI, Investments & Trading Insurance Analyst Salary 7 years exp. (AmbitionBox Estimate)	₹12.6 L/yr - ₹15.4 L/yr

Last Updated: 9 Mar 2024

Companies similar to SBI Life Insurance Company for Insurance Analyst

Company name	Avg Annual Salary	Open Jobs
Gallagher Insurance Analyst Salary 1 - 5 years exp. (12 salaries)	₹2.3 L/yr - ₹3 L/yr 57% less
Axis Max Life Insurance Insurance Analyst Salary 1 - 7 years exp. (5 salaries)	₹2.5 L/yr - ₹3.5 L/yr 55% less
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ICICI Lombard General Insurance Company Insurance Analyst Salary 1 - 5 years exp. (4 salaries)	₹1.8 L/yr - ₹4.5 L/yr 55% less
HDFC Life Insurance Analyst Salary 2 - 11 years exp. (4 salaries)	₹2.5 L/yr - ₹5.5 L/yr 34% less
Reliance Nippon Life Insurance Insurance Analyst Salary 2 - 6 years exp. (3 salaries)	₹1.9 L/yr - ₹2.4 L/yr 66% less
Tata AIA Life Insurance Insurance Analyst Salary 0 - 7 years exp. (3 salaries)	₹3 L/yr - ₹5 L/yr 40% less
Aditya Birla Sun Life Insurance Insurance Analyst Salary 2 - 8 years exp. (3 salaries)	₹2.5 L/yr - ₹5.6 L/yr 26% less
Bajaj Allianz General Insurance Insurance Analyst Salary 1 - 10 years exp. (3 salaries)	₹0.8 L/yr - ₹2 L/yr 75% less
Bajaj Allianz Life Insurance Insurance Analyst Salary 1 - 2 years exp. (3 salaries)	₹1.5 L/yr - ₹3.9 L/yr 53% less
Allianz Insurance Analyst Salary 2 - 6 years exp. (3 salaries)	₹3.8 L/yr - ₹4.7 L/yr 33% less

Insurance Analyst salary at SBI Life Insurance Company ranges between ₹2 Lakhs to ₹14 Lakhs per year for employees with less than 1 year of experience 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 Insurance Analyst salaries

Last Updated: 9 Mar 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
6 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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7 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
12 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr

Similar Designation salaries in SBI Life Insurance Company

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Senior Analyst Salary

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₹9 L/yr - ₹11.5 L/yr

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₹2.3 L/yr - ₹6 L/yr

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Salary related reviews for SBI Life Insurance Company

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 Insurance Analyst Salary FAQs

What is the salary of Insurance Analyst at SBI Life Insurance Company ?

The average salary of a Insurance Analyst at SBI Life Insurance Company in India typically ranges from ₹2.0 Lakhs to ₹14.0 Lakhs per year, depending on experience (from Fresher to 12 years).

The top 10% of Insurance Analyst at SBI Life Insurance Company earn more than ₹14.0 Lakhs per year, and the top 1% earn over ₹14.0 Lakhs per year. Insurance Analyst Salaries at SBI Life Insurance Company can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 SBI Life Insurance Company employees in India.

What is the estimated take home salary of a Insurance Analyst at SBI Life Insurance Company in India?

The estimated take-home salary of a Insurance Analyst at SBI Life Insurance Company in India typically ranges from ₹46,601 to ₹47,705 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹14.0 Lakhs per year for employees with experience ranging from Fresher to 12 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of SBI Life Insurance Company. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Insurance Analyst in companies similar to SBI Life Insurance Company in India?

The salary of a Insurance Analyst at companies similar to SBI Life Insurance Company in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aditya Birla Sun Life Insurance	₹2.5 Lakhs to ₹5.6 Lakhs per year
Allianz	₹3.8 Lakhs to ₹4.7 Lakhs per year
HDFC Life	₹2.5 Lakhs to ₹5.5 Lakhs per year
Tata AIA Life Insurance	₹3.0 Lakhs to ₹5.0 Lakhs per year
Bajaj Allianz Life Insurance	₹1.5 Lakhs to ₹3.9 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Insurance Analyst at SBI Life Insurance Company in India?

The salary growth for a Insurance Analyst at SBI Life Insurance Company depends on factors such as experience, performance, and promotions. On average, a Insurance Analyst can expect the following growth trajectory at SBI Life Insurance Company:

Experience	Average Salary Range
Fresher	₹1.8 Lakhs to ₹2.3 Lakhs per year
6 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
7 years	₹12.6 Lakhs to ₹16.1 Lakhs per year
12 years	₹3.2 Lakhs to ₹4.0 Lakhs per year

and so on.

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SBI Life Insurance Company Insurance Analyst Salaries

SBI Life Insurance Company Insurance Analyst salary in India ranges between ₹2 Lakhs to ₹14 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.