SBI Life Insurance Company Key Account Manager Salaries by 30+ Employees

1 - 16 years exp.

₹6 Lakhs - ₹14 Lakhs

Salary of majority employees

At par with the average Key Account Manager Salary in Insurance Companies for 1 - 16 years of experience

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Salaries in different departments

Sales & Business Development Key Account Manager Salary 3 - 16 years exp. (11 salaries)	₹6.8 L/yr - ₹14 L/yr
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BFSI, Investments & Trading Key Account Manager Salary 2 - 15 years exp. (9 salaries)	₹6 L/yr - ₹13.8 L/yr

Last Updated: 27 Dec 2024

Companies similar to SBI Life Insurance Company for Key Account Manager

Company name	Avg Annual Salary	Open Jobs
Tata AIA Life Insurance Key Account Manager Salary 0 - 9 years exp. (386 salaries)	₹2.3 L/yr - ₹6 L/yr 53% less	75 job openings
ICICI Prudential Life Insurance Key Account Manager Salary 0 - 7 years exp. (136 salaries)	₹4.5 L/yr - ₹16.8 L/yr 10% more
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HDFC Life Key Account Manager Salary 1 - 12 years exp. (135 salaries)	₹6 L/yr - ₹20 L/yr 26% more
SBI General Insurance Key Account Manager Salary 0 - 6 years exp. (26 salaries)	₹6 L/yr - ₹13.8 L/yr At par	1 job opening
Bajaj Allianz Life Insurance Key Account Manager Salary 2 - 8 years exp. (15 salaries)	₹8.4 L/yr - ₹25.2 L/yr 56% more
Axis Max Life Insurance Key Account Manager Salary 1 - 10 years exp. (5 salaries)	₹3.5 L/yr - ₹12.9 L/yr 17% less
ICICI Lombard General Insurance Company Key Account Manager Salary 2 - 8 years exp. (5 salaries)	₹5 L/yr - ₹13 L/yr 6% less
Bajaj Allianz General Insurance Key Account Manager Salary 3 - 5 years exp. (5 salaries)	₹9 L/yr - ₹10.7 L/yr 6% more
Kotak Mahindara Life Insurance Key Account Manager Salary 1 - 8 years exp. (5 salaries)	₹7.2 L/yr - ₹12 L/yr 14% less
Shriram Life Insurance Key Account Manager Salary 3 - 7 years exp. (4 salaries)	₹8.5 L/yr - ₹21 L/yr 67% more
Aditya Birla Sun Life Insurance Key Account Manager Salary 0 - 5 years exp. (4 salaries)	₹3.2 L/yr - ₹6.3 L/yr 34% less
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Aditya Birla Health Insurance Co Key Account Manager Salary 5 - 9 years exp. (4 salaries)	₹5 L/yr - ₹6 L/yr 42% less
PNB MetLife Key Account Manager Salary 7 - 8 years exp. (4 salaries)	₹13 L/yr - ₹13.2 L/yr 43% more
Star Health & Allied Insurance Key Account Manager Salary 5 - 9 years exp. (4 salaries)	₹7 L/yr - ₹13 L/yr 15% more
HDFC Ergo General Insurance Key Account Manager Salary 5 - 9 years exp. (3 salaries)	₹11.7 L/yr - ₹17 L/yr 51% more

Key Account Manager salary at SBI Life Insurance Company ranges between ₹6 Lakhs to ₹14 Lakhs per year for employees with experience between 1 year to 16 years. Salary estimates are based on 32 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Key Account Manager salaries

Last Updated: 27 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹7 L/yr - ₹14.9 L/yr
2 years (AmbitionBox Estimate)	₹6 L/yr - ₹8.5 L/yr
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3 years (5 salaries)	₹7.5 L/yr - ₹9 L/yr
4 years (3 salaries)	₹3.4 L/yr - ₹11 L/yr
5 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10 L/yr
6 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.2 L/yr
7 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹9.5 L/yr
8 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹16.3 L/yr
9 years (AmbitionBox Estimate)	₹7 L/yr - ₹16.6 L/yr
10 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹16.8 L/yr
11 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.8 L/yr
12 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹11 L/yr
13 years (3 salaries)	₹3.9 L/yr - ₹13.8 L/yr
14 years (5 salaries)	₹8.5 L/yr - ₹11.1 L/yr
15+ years (6 salaries)	₹7.3 L/yr - ₹14 L/yr

View all

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Top skills at SBI Life Insurance Company for Key Account Manager

Key Account Management institutional sales B2B Sales Corporate Sales Key Client Management Sales Lead Generation

Salary related reviews for SBI Life Insurance Company

4.4

Rated by 5 employees for salary & benefits

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.

Senior Business Development Executive in Ongole

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 09 Jun 2023

2.0

for Salary and Benefits

Likes

No positive to tell company not good salary not good supporting staff.

Dislikes

Treating very cheap to front line employees(Field workers).and also no support to superior s.. always blamed for front line employees.

Salary - Poor

+4 more

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

Senior Business Development Manager in Katni

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 20 Apr 2022

2.0

for Salary and Benefits

Likes

Best brand in insurance sector..well known..

Skill development - Good

+4 more

Dislikes

Salary is low as per targets given by company..incentives are good but company has to think for good salary as well.. Products is not up to the mark as per market competition.

Salary - Poor

see more salary related reviews

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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SBI Life Insurance Company Key Account Manager Salary FAQs

What is the salary of Key Account Manager at SBI Life Insurance Company ?

The average salary of a Key Account Manager at SBI Life Insurance Company in India typically ranges from ₹6.0 Lakhs to ₹14.0 Lakhs per year, depending on experience (from 1 year to 16 years).

The top 10% of Key Account Manager at SBI Life Insurance Company earn more than ₹12.0 Lakhs per year, and the top 1% earn over ₹14.0 Lakhs per year. Key Account Manager Salaries at SBI Life Insurance Company can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 30+ SBI Life Insurance Company employees in India.

What is the estimated take home salary of a Key Account Manager at SBI Life Insurance Company in India?

The estimated take-home salary of a Key Account Manager at SBI Life Insurance Company in India typically ranges from ₹66,492 to ₹68,192 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹14.0 Lakhs per year for employees with experience ranging from 1 year to 16 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 30+ salaries received from various employees of SBI Life Insurance Company. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Key Account Manager at SBI Life Insurance Company ?

To be a Key Account Manager at SBI Life Insurance Company in india, the key skills required include:

- Key Account Management
- institutional sales
- B2B Sales
- Corporate Sales
- Key Client Management

These skills are highly valued at SBI Life Insurance Company and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than SBI Life Insurance Company for Key Account Manager in India?

Shriram Life Insurance	₹8.5 Lakhs to ₹21.0 Lakhs per year
Bajaj Allianz Life Insurance	₹8.4 Lakhs to ₹25.2 Lakhs per year
HDFC Ergo General Insurance	₹11.7 Lakhs to ₹17.0 Lakhs per year
PNB MetLife	₹13.0 Lakhs to ₹13.2 Lakhs per year
HDFC Life	₹6.0 Lakhs to ₹20.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by SBI Life Insurance Company, depending on the role and experience level.

What is the salary of a Key Account Manager in companies similar to SBI Life Insurance Company in India?

The salary of a Key Account Manager at companies similar to SBI Life Insurance Company in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Star Health & Allied Insurance	₹7.0 Lakhs to ₹13.0 Lakhs per year
ICICI Prudential Life Insurance	₹4.5 Lakhs to ₹16.8 Lakhs per year
Bajaj Allianz General Insurance	₹9.0 Lakhs to ₹10.7 Lakhs per year
SBI General Insurance	₹6.0 Lakhs to ₹13.8 Lakhs per year
ICICI Lombard General Insurance Company	₹5.0 Lakhs to ₹13.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Key Account Manager at SBI Life Insurance Company in India?

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

Experience	Average Salary Range
1 year	₹7.0 Lakhs to ₹14.9 Lakhs per year
2 years	₹6.0 Lakhs to ₹8.5 Lakhs per year
3 years	₹7.5 Lakhs to ₹9.0 Lakhs per year
4 years	₹3.4 Lakhs to ₹11.0 Lakhs per year

and so on.

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SBI Life Insurance Company Key Account Manager Salaries

SBI Life Insurance Company Key Account Manager salary in India ranges between ₹6 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 32 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.