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I am so Proud to say Working this organisation last 4years. i got a two promotions last two years.
Annual salary range
3 - 12 years exp.
₹2.5
Lakhs - ₹4.5
Lakhs
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary11% less than the average Insurance Manager Salary in Insurance Companies for 3 - 12 years of experience
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Salaries in different departments
BFSI, Investments & Trading
Insurance Manager Salary
7 - 9
years
exp.
(4
salaries)
|  ₹1 L/yr - ₹4 L/yr |
Finance & Accounting
Insurance Manager Salary
4
years
exp.
(AmbitionBox Estimate)
| ₹3.6 L/yr - ₹4.5 L/yr |
Login to view exact salary
| |
Marketing & Communication
Insurance Manager Salary
8
years
exp.
(AmbitionBox Estimate)
| ₹2.6 L/yr - ₹4 L/yr |
Sales & Business Development
Insurance Manager Salary
6
years
exp.
(AmbitionBox Estimate)
| ₹2.9 L/yr - ₹4.2 L/yr |
Companies similar to SBI Life Insurance Company for Insurance Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 ICICI Prudential Life Insurance Insurance Manager Salary
1 - 8 years exp. (16 salaries) | ₹2.8 L/yr - ₹5 L/yr 
4%
less | |
 HDFC Life Insurance Manager Salary
1 - 6 years exp. (54 salaries) | ₹2.5 L/yr - ₹6 L/yr 
3%
more | |
Login to view exact salary
| ||
 Max Life Insurance Insurance Manager Salary
0 - 8 years exp. (24 salaries) | ₹1.7 L/yr - ₹4.7 L/yr
3%
more | |
 Bajaj Allianz Life Insurance Insurance Manager Salary
1 - 9 years exp. (46 salaries) | ₹1.5 L/yr - ₹6 L/yr
2%
more | |
 Kotak Mahindara Life Insurance Insurance Manager Salary
1 - 8 years exp. (21 salaries) | ₹2.5 L/yr - ₹5.9 L/yr
8%
more | |
 Reliance Nippon Life Insurance Insurance Manager Salary
1 - 11 years exp. (25 salaries) | ₹1.8 L/yr - ₹5 L/yr At par | |
 Tata AIA Life Insurance Insurance Manager Salary
3 - 9 years exp. (26 salaries) | ₹2.6 L/yr - ₹7.7 L/yr
26%
more | |
 Aditya Birla Sun Life Insurance Insurance Manager Salary
2 - 8 years exp. (8 salaries) | ₹3 L/yr - ₹5.6 L/yr At par | |
 PNB MetLife Insurance Manager Salary
0 - 8 years exp. (67 salaries) | ₹0.6 L/yr - ₹5.3 L/yr
1%
less | |
 Life Insurance Corporation of India Insurance Manager Salary
2 - 14 years exp. (4 salaries) | ₹3.3 L/yr - ₹6 L/yr
30%
more | |
 ICICI Lombard General Insurance Company Insurance Manager Salary
3 - 13 years exp. (14 salaries) | ₹2.4 L/yr - ₹8 L/yr
20%
more | |
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| ||
 HDFC Ergo General Insurance Insurance Manager Salary
5 - 12 years exp. (10 salaries) | ₹4 L/yr - ₹9.4 L/yr
65%
more | |
 Care Health Insurance Insurance Manager Salary
1 - 10 years exp. (10 salaries) | ₹2.5 L/yr - ₹4.9 L/yr
5%
less | |
 Shriram Life Insurance Insurance Manager Salary
0 - 15 years exp. (9 salaries) | ₹3 L/yr - ₹8 L/yr
4%
more | |
 SBI General Insurance Insurance Manager Salary
0 - 16 years exp. (6 salaries) | ₹2.4 L/yr - ₹7.5 L/yr
39%
more | |
 Star Health & Allied Insurance Insurance Manager Salary
9 - 21 years exp. (6 salaries) | ₹5.7 L/yr - ₹7.3 L/yr
64%
more | |
 Aditya Birla Health Insurance Co Insurance Manager Salary
1 - 7 years exp. (5 salaries) | ₹3.8 L/yr - ₹4.7 L/yr
18%
more | |
 The New India Assurance Co. Insurance Manager Salary
3 - 7 years exp. (3 salaries) | ₹1.2 L/yr - ₹15 L/yr
81%
more | |
Insurance Manager salary at SBI Life Insurance Company ranges between ₹2.5
Lakhs
to ₹4.5
Lakhs
per year for employees with experience between 3 years to 12 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 Insurance Manager
2mo ago
6
years
exp.
4mo ago
4
years
exp.
7mo ago
8
years
exp.
1y ago
10
years
exp.
1y ago
12
years
exp.
1y ago
10
years
exp.
1y ago
7
years
exp.
1y ago
3
years
exp.
1y ago
8
years
exp.
1y ago
4
years
exp.
Experience wise SBI Life Insurance Company Insurance Manager salaries
Last Updated: 30 Oct 2024
| Experience | Avg Annual Salary |
|---|---|
| 3 years (AmbitionBox Estimate) |
₹3
L/yr
- ₹6.5
L/yr
|
| 4 years (AmbitionBox Estimate) |
₹1.4
L/yr
- ₹4.5
L/yr
|
Login to view exact salary
| |
| 5 years (AmbitionBox Estimate) |
₹3.2
L/yr
- ₹4.1
L/yr
|
| 6 years (AmbitionBox Estimate) |
₹1.4
L/yr
- ₹4.2
L/yr
|
| 7 years (AmbitionBox Estimate) |
₹3.1
L/yr
- ₹4
L/yr
|
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Similar Designation salaries in SBI Life Insurance Company
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Salary Discussions, Hike & Promotions
2w (edited)
a social media specialist
Salary Expectations
I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards.
I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high.
What should be the ideal salary expectation for someone with my experience in the current market?
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SBI Life Insurance Company Insurance Manager Salary FAQs
What is the salary of Insurance Manager at SBI Life Insurance Company?
Insurance Manager salary at SBI Life Insurance Company in India ranges between ₹2.5 Lakhs to ₹4.5 Lakhs for experience between 3 years to 12 years. According to our estimates it is 11% less than the average Insurance Manager Salary in India. Salary estimates are based on 13 latest salaries received from various employees of SBI Life Insurance Company India.
How does the salary of a Insurance Manager at SBI Life Insurance Company India compare with the average salary range for this job?
The average salary of a Insurance Manager at SBI Life Insurance Company is 11% less than the average salary of a Insurance Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than SBI Life Insurance Company to a Insurance Manager in India?
- The New India Assurance Co. Insurance Manager Salary - ₹1.2 Lakhs to ₹15.0 Lakhs per year
- HDFC Ergo General Insurance Insurance Manager Salary - ₹4.0 Lakhs to ₹9.4 Lakhs per year
- Star Health & Allied Insurance Insurance Manager Salary - ₹5.7 Lakhs to ₹7.3 Lakhs per year
- SBI General Insurance Insurance Manager Salary - ₹2.4 Lakhs to ₹7.5 Lakhs per year
- Life Insurance Corporation of India Insurance Manager Salary - ₹3.3 Lakhs to ₹6.0 Lakhs per year
What is the salary of a Insurance Manager in companies similar to SBI Life Insurance Company in India?
- Tata AIA Life Insurance Insurance Manager Salary - ₹2.6 Lakhs to ₹7.7 Lakhs per year
- ICICI Lombard General Insurance Company Insurance Manager Salary - ₹2.4 Lakhs to ₹8.0 Lakhs per year
- Aditya Birla Health Insurance Co Insurance Manager Salary - ₹3.8 Lakhs to ₹4.7 Lakhs per year
- Kotak Mahindara Life Insurance Insurance Manager Salary - ₹2.5 Lakhs to ₹5.9 Lakhs per year
- Shriram Life Insurance Insurance Manager Salary - ₹3.0 Lakhs to ₹8.0 Lakhs per year
What is the estimated take home salary of a Insurance Manager at SBI Life Insurance Company in India?
The estimated take-home salary of a Insurance Manager at SBI Life Insurance Company ranges between ₹26,259 per month to ₹27,679 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Insurance Manager salary in India which ranges between ₹2.5 Lakhs to ₹4.5 Lakhs per year for employees with experience between 3 years to 12 years. Check how did we calculate take home salary?
What is the notice period for Insurance Manager at SBI Life Insurance Company?
According to AmbitionBox, 37% of the SBI Life Insurance Company Insurance Managers reported a notice period of 1 Month, 26% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 27 responses on AmbitionBox in last 2 years.
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SBI Life Insurance Company Insurance Manager Salaries by Location
- SBI Life Insurance Company Insurance Manager salaries in New Delhi
- SBI Life Insurance Company Insurance Manager salaries in Meerut
- SBI Life Insurance Company Insurance Manager salaries in Varanasi
- SBI Life Insurance Company Insurance Manager salaries in Chennai
- SBI Life Insurance Company Insurance Manager salaries in Nellore
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SBI Life Insurance Company Insurance Manager salary
in
India
ranges between ₹2.5
Lakhs to ₹4.5
Lakhs with an average annual salary of
₹. Salary estimates are based on
13
SBI Life Insurance Company latest salaries received from various employees of
SBI Life Insurance Company.