SBI Life Insurance Company Investment Advisor Salaries by 4 Employees (Updated 2024)

1 - 5 years exp.

₹3 Lakhs - ₹3.1 Lakhs

Low Confidence

Salary of majority employees

60% less than the average Investment Advisor Salary in Insurance Companies for 1 - 5 years of experience

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Salaries in different departments

Sales & Business Development Investment Advisor Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
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Customer Success, Service & Operations Investment Advisor Salary 1 year exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 29 May 2024

Companies similar to SBI Life Insurance Company for Investment Advisor

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Investment Advisor Salary 2 - 4 years exp. (4 salaries)	₹3 L/yr - ₹4 L/yr 2% more
HDFC Life Investment Advisor Salary 0 - 4 years exp. (7 salaries)	₹1.1 L/yr - ₹4.5 L/yr 13% less
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Max Life Insurance Investment Advisor Salary 0 - 7 years exp. (4 salaries)	₹2 L/yr - ₹6 L/yr 28% more
Kotak Mahindara Life Insurance Investment Advisor Salary 23 - 26 years exp. (3 salaries)	₹23.4 L/yr - ₹29.9 L/yr 760% more
Reliance Nippon Life Insurance Investment Advisor Salary 0 - 2 years exp. (4 salaries)	₹1.2 L/yr - ₹5.5 L/yr 3% more
Aditya Birla Sun Life Insurance Investment Advisor Salary 0 - 4 years exp. (4 salaries)	₹0.6 L/yr - ₹3.5 L/yr 33% less

Investment Advisor salary at SBI Life Insurance Company ranges between ₹3 Lakhs to ₹3.1 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 4 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Investment Advisor salaries

Last Updated: 29 May 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3 L/yr - ₹3 L/yr
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.4 L/yr
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3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.1 L/yr
5 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.1 L/yr

Similar Designation salaries in SBI Life Insurance Company

Financial Advisor Salary

(46 salaries)

₹0.96 L/yr - ₹5.2 L/yr

Sales Officer Salary

(102 salaries)

₹1.7 L/yr - ₹3.8 L/yr

Sales Manager Salary

(82 salaries)

₹1.2 L/yr - ₹5.6 L/yr

Sales Executive Salary

(48 salaries)

₹1.45 L/yr - ₹4.7 L/yr

Team Lead Salary

(12 salaries)

₹2.3 L/yr - ₹4.8 L/yr

Wealth Manager Salary

(3 salaries)

₹3.2 L/yr - ₹7.5 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Deputy Manager Salary

(39 salaries)

₹2.4 L/yr - ₹8.5 L/yr

Analyst Salary

(4 salaries)

₹4.2 L/yr - ₹7.95 L/yr

Relationship Officer Salary

(3 salaries)

₹2.6 L/yr - ₹5 L/yr

Salary related reviews for SBI Life Insurance 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

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

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

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.

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is very slow

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.

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.

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

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

see more salary related reviews

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a technical project manager

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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SBI Life Insurance Company Investment Advisor Salary FAQs

What is the salary of Investment Advisor at SBI Life Insurance Company?

Investment Advisor salary at SBI Life Insurance Company in India ranges between ₹3.0 Lakhs to ₹3.1 Lakhs for experience between 1 years to 5 years. According to our estimates it is 60% less than the average Investment Advisor Salary in India. Salary estimates are based on 4 latest salaries received from various employees of SBI Life Insurance Company India.

How does the salary of a Investment Advisor at SBI Life Insurance Company India compare with the average salary range for this job?

The average salary of a Investment Advisor at SBI Life Insurance Company is 60% less than the average salary of a Investment Advisor in India. To know exact salary insights, login to view.

Which similar companies are paying more than SBI Life Insurance Company to a Investment Advisor in India?

Kotak Mahindara Life Insurance Investment Advisor Salary - ₹23.4 Lakhs to ₹29.9 Lakhs per year
Max Life Insurance Investment Advisor Salary - ₹2.0 Lakhs to ₹6.0 Lakhs per year
Reliance Nippon Life Insurance Investment Advisor Salary - ₹1.2 Lakhs to ₹5.5 Lakhs per year
ICICI Prudential Life Insurance Investment Advisor Salary - ₹3.0 Lakhs to ₹4.0 Lakhs per year

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

HDFC Life Investment Advisor Salary - ₹1.1 Lakhs to ₹4.5 Lakhs per year
Aditya Birla Sun Life Insurance Investment Advisor Salary - ₹0.6 Lakhs to ₹3.5 Lakhs per year

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

The estimated take-home salary of a Investment Advisor at SBI Life Insurance Company ranges between ₹21,675 per month to ₹23,164 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Investment Advisor salary in India which ranges between ₹3.0 Lakhs to ₹3.1 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Investment Advisor at SBI Life Insurance Company?

According to AmbitionBox, 67% of the SBI Life Insurance Company Investment Advisors reported a notice period of 15 days or less, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Investment Advisor Salaries

SBI Life Insurance Company Investment Advisor salary in India ranges between ₹3 Lakhs to ₹3.1 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.