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SBI Life Insurance Company Junior Associate salaries in India

Annual salary range
1 - 2 years exp.
₹1.2 Lakh - ₹2.4 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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63% less than the average Junior Associate Salary in Insurance Companies for 1 - 2 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Junior Associate Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹1.2 L/yr - ₹1.3 L/yr

Administration & Facilities
Junior Associate Salary
2 years exp. (AmbitionBox Estimate)
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₹1.6 L/yr - ₹2.4 L/yr

Last Updated: 20 Sep 2024

Companies similar to SBI Life Insurance Company for Junior Associate

Company name Avg Annual Salary Open Jobs
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₹2 L/yr - ₹3 L/yr

arrow icon 81% more
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HDFC Life Junior Associate Salary

0 - 2 years exp. (7 salaries)

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₹1.5 L/yr - ₹3 L/yr

arrow icon 28% more
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Max Life Insurance Junior Associate Salary

1 - 3 years exp. (3 salaries)

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₹1.6 L/yr - ₹3.5 L/yr

arrow icon 104% more
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₹2 L/yr - ₹4.3 L/yr

arrow icon 128% more
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₹1.6 L/yr - ₹3.5 L/yr

arrow icon 46% more
Junior Associate salary at SBI Life Insurance Company ranges between ₹1.2 Lakh to ₹2.4 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 5 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Junior Associate

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Experience wise SBI Life Insurance Company Junior Associate salaries

Last Updated: 20 Sep 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.1 L/yr - ₹1.1 L/yr
2 years  (4 salaries)

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₹1.3 L/yr - ₹2.4 L/yr

Similar Designation salaries in SBI Life Insurance Company

Senior Associate Salary
(544 salaries)
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₹2 L/yr - ₹7 L/yr
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₹1.2 L/yr - ₹3.5 L/yr
Senior Analyst Salary
(AmbitionBox Estimate)
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₹9 L/yr - ₹11.5 L/yr
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₹1.2 L/yr - ₹1.6 L/yr
Analyst Salary
(4 salaries)
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₹4.2 L/yr - ₹7.95 L/yr
Accountant Salary
(5 salaries)
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₹6.22 L/yr - ₹10 L/yr
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₹1.2 L/yr - ₹5.5 L/yr
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₹2 L/yr - ₹7.5 L/yr
Deputy Manager Salary
(38 salaries)
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₹2.5 L/yr - ₹10 L/yr
Accounts Officer Salary
(AmbitionBox Estimate)
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₹475 L/yr - ₹525 L/yr

Salary related reviews for SBI Life Insurance Company

3.8

Rated by 3 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 02 Nov 2023

4.0
 for  Salary and Benefits

Likes

Salary and benefits are supportive.

  • Salary - Good
  • +1 more

Dislikes

No work life balance. The sales team pushes things like hell specially in the eastern region of the country. Third Saturday is a leave according to the company's leave policies but we don't get that leave.

read more
  • Skill development - Poor
  • +4 more

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
  • 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

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  • Work satisfaction - Poor
  • +2 more

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

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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
  • Salary - Excellent
  • +6 more

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.

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  • Salary - Poor
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SBI Life Insurance Company Junior Associate Salary FAQs

What is the salary of Junior Associate at SBI Life Insurance Company?
Junior Associate salary at SBI Life Insurance Company in India ranges between ₹1.2 Lakhs to ₹2.4 Lakhs for experience between 1 years to 2 years. According to our estimates it is 63% less than the average Junior Associate Salary in India. Salary estimates are based on 5 latest salaries received from various employees of SBI Life Insurance Company India.
How does the salary of a Junior Associate at SBI Life Insurance Company India compare with the average salary range for this job?
The average salary of a Junior Associate at SBI Life Insurance Company is 63% less than the average salary of a Junior Associate in India. To know exact salary insights, login to view.
Which similar companies are paying more than SBI Life Insurance Company to a Junior Associate in India?
  • HDFC Ergo General Insurance Junior Associate Salary - ₹2.0 Lakhs to ₹4.3 Lakhs per year
  • Max Life Insurance Junior Associate Salary - ₹1.6 Lakhs to ₹3.5 Lakhs per year
  • ICICI Prudential Life Insurance Junior Associate Salary - ₹2.0 Lakhs to ₹3.0 Lakhs per year
  • ICICI Lombard General Insurance Company Junior Associate Salary - ₹1.6 Lakhs to ₹3.5 Lakhs per year
  • HDFC Life Junior Associate Salary - ₹1.5 Lakhs to ₹3.0 Lakhs per year
What is the estimated take home salary of a Junior Associate at SBI Life Insurance Company in India?
The estimated take-home salary of a Junior Associate at SBI Life Insurance Company ranges between ₹9,406 per month to ₹10,435 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Junior Associate salary in India which ranges between ₹1.2 Lakhs to ₹2.4 Lakhs per year for employees with experience between 1 years to 2 years. Check how did we calculate take home salary?
What is the notice period for Junior Associate at SBI Life Insurance Company?
According to AmbitionBox, 50% of the SBI Life Insurance Company Junior Associates reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

SBI Life Insurance Company Junior Associate salary in India ranges between ₹1.2 Lakh to ₹2.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.