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SBI Life Insurance Company Insurance Executive salaries in India

Annual salary range
5 - 6 years exp.
₹3.4 Lakhs - ₹4.3 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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Last Updated: 17 Mar 2023

Companies similar to SBI Life Insurance Company for Insurance Executive

Company name Avg Annual Salary Open Jobs
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₹2.1 L/yr - ₹4 L/yr

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HDFC Life Insurance Executive Salary

1 - 4 years exp. (24 salaries)

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₹1.6 L/yr - ₹4.5 L/yr

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Max Life Insurance Insurance Executive Salary

0 - 6 years exp. (18 salaries)

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₹1.5 L/yr - ₹5 L/yr

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₹2.4 L/yr - ₹3 L/yr

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₹1.3 L/yr - ₹3 L/yr

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₹1.5 L/yr - ₹3.6 L/yr

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₹1.1 L/yr - ₹4.5 L/yr

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₹2.3 L/yr - ₹3 L/yr

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PNB MetLife Insurance Executive Salary

1 - 11 years exp. (6 salaries)

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₹3.2 L/yr - ₹4.5 L/yr

arrow icon 10% less
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₹2 L/yr - ₹2.5 L/yr

arrow icon 37% less
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₹1.2 L/yr - ₹4.5 L/yr

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₹1.6 L/yr - ₹4.7 L/yr

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₹1 L/yr - ₹3.2 L/yr

arrow icon 41% less
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MetLife Insurance Executive Salary

1 - 4 years exp. (8 salaries)

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₹1.9 L/yr - ₹4.5 L/yr

arrow icon 13% less
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₹1.2 L/yr - ₹3.1 L/yr

arrow icon 32% less
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Gallagher Insurance Executive Salary

0 - 5 years exp. (5 salaries)

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₹0.6 L/yr - ₹5.5 L/yr

arrow icon 27% less
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₹2.9 L/yr - ₹4.5 L/yr

arrow icon 16% less
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₹1.8 L/yr - ₹10.1 L/yr

arrow icon 48% more
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₹2.4 L/yr - ₹4.2 L/yr

arrow icon 10% less
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₹1.2 L/yr - ₹2.4 L/yr

arrow icon 53% less
Insurance Executive salary at SBI Life Insurance Company ranges between ₹3.4 Lakhs to ₹4.3 Lakhs per year for employees with experience between 5 years to 6 years. Salary estimates are based on 2 latest salaries received from various employees of SBI Life Insurance Company.

Similar Designation salaries in SBI Life Insurance Company

Sales Executive Salary
(51 salaries)
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₹1.45 L/yr - ₹4.7 L/yr
MIS Executive Salary
(5 salaries)
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₹2 L/yr - ₹2.23 L/yr
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₹1.5 L/yr - ₹4.6 L/yr
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₹1.05 L/yr - ₹5.5 L/yr
Customer Care Executive Salary
(AmbitionBox Estimate)
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₹1.7 L/yr - ₹2.2 L/yr
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₹2.9 L/yr - ₹7.48 L/yr
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₹2 L/yr - ₹3 L/yr
Office Assistant Salary
(AmbitionBox Estimate)
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₹1.9 L/yr - ₹2.4 L/yr
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₹1.32 L/yr - ₹3 L/yr
Data Entry Operator Salary
(AmbitionBox Estimate)
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₹2.1 L/yr - ₹2.6 L/yr

Salary related reviews for SBI Life Insurance Company

2.0

Rated by 3 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.

read more

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

read more

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.

read more

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.

read more

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
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SBI Life Insurance Company Insurance Executive Salary FAQs

What is the notice period for Insurance Executive at SBI Life Insurance Company?
According to AmbitionBox, 45% of the SBI Life Insurance Company Insurance Executives reported a notice period of 1 Month, 37% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 11 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Insurance Executive salary in India ranges between ₹3.4 Lakhs to ₹4.3 Lakhs. This is an estimate based on latest salaries received from employees of SBI Life Insurance Company.