SBI Life Insurance Company Key Account Manager Salaries by 30+ Employees (Updated 2025)

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
ICICI Prudential Life Insurance Key Account Manager Salary 0 - 7 years exp. (137 salaries)	₹4.5 L/yr - ₹16.8 L/yr 11% more
HDFC Life Key Account Manager Salary 1 - 12 years exp. (132 salaries)	₹6 L/yr - ₹19.2 L/yr 23% more
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Max Life Insurance Key Account Manager Salary 1 - 10 years exp. (5 salaries)	₹3.5 L/yr - ₹12.9 L/yr 17% less
Bajaj Allianz Life Insurance Key Account Manager Salary 2 - 8 years exp. (15 salaries)	₹8.4 L/yr - ₹25.2 L/yr 56% more
Kotak Mahindara Life Insurance Key Account Manager Salary 1 - 7 years exp. (5 salaries)	₹7.2 L/yr - ₹12 L/yr 14% less
Tata AIA Life Insurance Key Account Manager Salary 0 - 9 years exp. (382 salaries)	₹2.3 L/yr - ₹6 L/yr 53% less	87 job openings
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
PNB MetLife Key Account Manager Salary 7 - 8 years exp. (4 salaries)	₹13 L/yr - ₹13.2 L/yr 43% 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
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
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Shriram Life Insurance Key Account Manager Salary 3 - 7 years exp. (4 salaries)	₹8.5 L/yr - ₹21 L/yr 67% more
Aditya Birla Health Insurance Co Key Account Manager Salary 5 - 9 years exp. (4 salaries)	₹5 L/yr - ₹6 L/yr 42% less
Star Health & Allied Insurance Key Account Manager Salary 5 - 8 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

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

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.

see more salary related reviews

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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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?

Key Account Manager salary at SBI Life Insurance Company in India ranges between ₹6.0 Lakhs to ₹14.0 Lakhs for experience between 1 years to 16 years. According to our estimates it is 1% less than the average Key Account Manager Salary in India. Salary estimates are based on 32 latest salaries received from various employees of SBI Life Insurance Company India.

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

The average salary of a Key Account Manager at SBI Life Insurance Company is 1% less than the average salary of a Key Account Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Key Account Manager at SBI Life Insurance Company?

Key Account Management, institutional sales, B2B Sales, Corporate Sales and Key Client Management are some of the popular skills required to work as a Key Account Manager at SBI Life Insurance Company India.

Which similar companies are paying more than SBI Life Insurance Company to a Key Account Manager in India?

Shriram Life Insurance Key Account Manager Salary - ₹8.5 Lakhs to ₹21.0 Lakhs per year
Bajaj Allianz Life Insurance Key Account Manager Salary - ₹8.4 Lakhs to ₹25.2 Lakhs per year
HDFC Ergo General Insurance Key Account Manager Salary - ₹11.7 Lakhs to ₹17.0 Lakhs per year
PNB MetLife Key Account Manager Salary - ₹13.0 Lakhs to ₹13.2 Lakhs per year
HDFC Life Key Account Manager Salary - ₹6.0 Lakhs to ₹19.2 Lakhs per year

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

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

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 ranges between ₹66,492 per month to ₹68,192 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Key Account Manager salary in India which ranges between ₹6.0 Lakhs to ₹14.0 Lakhs per year for employees with experience between 1 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Key Account Manager at SBI Life Insurance Company?

According to AmbitionBox, 48% of the SBI Life Insurance Company Key Account Managers reported a notice period of 3 Months, 28% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 21 responses on AmbitionBox in last 2 years.

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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.