SBI Life Insurance Company New Delhi Insurance Manager Salaries by 2 Employees

7 - 10 years exp.

₹3.2 Lakhs - ₹4.1 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 17 Dec 2023

Companies similar to SBI Life Insurance Company for Insurance Manager in New Delhi

SBI Life Insurance Company Insurance Manager Salary

7 - 10 years exp. (AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Company name	Avg Annual Salary	Open Jobs
PNB MetLife Insurance Manager Salary 1 - 8 years exp. (14 salaries)	₹1.2 L/yr - ₹4.2 L/yr 1% more
HDFC Life Insurance Manager Salary 1 - 5 years exp. (7 salaries)	₹3.5 L/yr - ₹4.9 L/yr 12% more
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ICICI Lombard General Insurance Company Insurance Manager Salary 5 - 13 years exp. (6 salaries)	₹3.8 L/yr - ₹8 L/yr 37% more
Reliance Nippon Life Insurance Insurance Manager Salary 1 - 12 years exp. (4 salaries)	₹2.5 L/yr - ₹5 L/yr 7% more
Tata AIA Life Insurance Insurance Manager Salary 3 - 9 years exp. (4 salaries)	₹3.5 L/yr - ₹6.5 L/yr 41% more
Kotak Mahindara Life Insurance Insurance Manager Salary 2 - 6 years exp. (4 salaries)	₹3.6 L/yr - ₹4.1 L/yr 5% more
ICICI Prudential Life Insurance Insurance Manager Salary 1 - 6 years exp. (3 salaries)	₹2.8 L/yr - ₹4 L/yr 9% less
Shriram Life Insurance Insurance Manager Salary 2 - 15 years exp. (3 salaries)	₹1 L/yr - ₹4 L/yr 27% less
Bajaj Allianz Life Insurance Insurance Manager Salary 1 - 6 years exp. (3 salaries)	₹3.2 L/yr - ₹4.7 L/yr 6% more

Insurance Manager salary at SBI Life Insurance Company ranges between ₹3.2 Lakhs to ₹4.1 Lakhs per year for employees with experience between 7 years to 10 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

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₹2.5 L/yr - ₹4.85 L/yr

Branch Manager Salary

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₹7.5 L/yr - ₹12.5 L/yr

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₹5.25 L/yr - ₹6 L/yr

Salary related reviews for SBI Life Insurance Company

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

Area Sales Manager in Vijayawada

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 05 Aug 2023

5.0

for Salary and Benefits

Likes

I am so Proud to say Working this organisation last 4years. i got a two promotions last two years.

Salary - Excellent

+6 more

Dislikes

I expecting Long time Vintage Employes Expect Minimum Salary hike. because Now a days out side companies giving a more salary hikes Vintage persons so Our Company giving a minimum hikes of Vintage Employes it will so benefit and no one live Our Company.

Business Development Executive in Gangtok

Full Time

Marketing & Communication Department

4.0

• posted on 13 Sep 2023

5.0

for Salary and Benefits

Likes

very good company with good oppurtunities and good pay

Salary - Excellent

+4 more

Dislikes

management is not so good,specially our managers always threatning for resign and salary hold.company needs to fix this kind of problems for their employee to work with full motivation

Job security - Poor

Business Development Manager in Rajkot

Full Time

Sales & Business Development Department

3.0

• posted on 01 Feb 2023

2.0

for Salary and Benefits

Likes

Company culture is very bad only pressure nothing or

Dislikes

Official working days me bhi office bulate hain aur bill pay nahi karte hain personal life jaish kuchh nahi rehta hain aur morning 7:00am zoom start kar dete hain

Salary - Poor

+6 more

Business Development Manager in Jaipur

Full Time

Sels Department

5.0

• posted on 12 Apr 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.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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SBI Life Insurance Company Insurance Manager Salary FAQs

How the salary growth look like for a Insurance Manager at SBI Life Insurance Company in New Delhi?

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

Experience	Average Salary Range
7 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
8 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
9 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
10 years	₹3.2 Lakhs to ₹4.1 Lakhs per year

and so on.

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SBI Life Insurance Company Insurance Manager Salaries in New Delhi

SBI Life Insurance Company Insurance Manager salary in New Delhi ranges between ₹3.2 Lakhs to ₹4.1 Lakhs. This is an estimate based on latest salaries received from employees of SBI Life Insurance Company.