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SBI Life Insurance Company

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3.8

based on 3.7k Reviews

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Kolkata
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SBI Life Insurance Company Salaries in Kolkata

based on 627 latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Sales & Business Development Customer Success, Service & Operations Marketing & Communication + 5 more
Designation Avg Annual Salary Open Jobs

Business Development Manager

0 - 14 years exp. · Kolkata (70 salaries)
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₹1.9 L/yr - ₹6.4 L/yr

Senior Business Development Executive

1 - 10 years exp. · Kolkata (40 salaries)
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₹2.7 L/yr - ₹4.7 L/yr

Area Manager

9 - 18 years exp. · Kolkata (33 salaries)
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₹5.1 L/yr - ₹12 L/yr

Senior Associate

0 - 11 years exp. · Kolkata (31 salaries)
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₹2 L/yr - ₹5.6 L/yr

Starting your career? Discover SBI Life Insurance Company fresher salaries in India

Business Development Executive

0 - 6 years exp. · Kolkata (26 salaries)
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₹2.4 L/yr - ₹4 L/yr

Senior Business Development Manager

4 - 13 years exp. · Kolkata (24 salaries)
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₹3.5 L/yr - ₹7 L/yr

Agency Manager

1 - 13 years exp. · Kolkata (22 salaries)
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₹3.2 L/yr - ₹4.5 L/yr

1 job opening

Senior Area Manager

13 - 18 years exp. · Kolkata (14 salaries)
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₹9.1 L/yr - ₹20 L/yr

Branch Head

11 - 20 years exp. · Kolkata (12 salaries)
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₹7.8 L/yr - ₹15 L/yr

Sr. BDE

3 - 8 years exp. · Kolkata (12 salaries)
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₹3.4 L/yr - ₹4.7 L/yr

Associate Vice President

10 - 20 years exp. · Kolkata (11 salaries)
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₹12 L/yr - ₹25.1 L/yr

Sales Officer

0 - 6 years exp. · Kolkata (10 salaries)
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₹2 L/yr - ₹3.5 L/yr

Financial Advisor

1 - 6 years exp. · Kolkata (9 salaries)
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₹1 L/yr - ₹4 L/yr

Deputy Manager

5 - 12 years exp. · Kolkata (8 salaries)
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₹4 L/yr - ₹8.5 L/yr

BDM

3 - 8 years exp. · Kolkata (7 salaries)
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₹2.5 L/yr - ₹5.5 L/yr

Sales Manager

0 - 9 years exp. · Kolkata (7 salaries)
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₹2.5 L/yr - ₹4.5 L/yr

Insurance Adviser

0 - 5 years exp. · Kolkata (7 salaries)
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₹0.9 L/yr - ₹5.5 L/yr

Branch Manager

11 - 20 years exp. · Kolkata (7 salaries)
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₹6.5 L/yr - ₹9.9 L/yr

Assistant Area Manager

12 - 17 years exp. · Kolkata (6 salaries)
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₹6 L/yr - ₹7.2 L/yr

Operations Associate

0 - 3 years exp. · Kolkata (6 salaries)
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₹1.6 L/yr - ₹3.1 L/yr

Last Updated: 29 Jan, 2025

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New Job, Higher Pay, Now I’m Feeling Awkward
I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!
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Salary related reviews for SBI Life Insurance Company

2.9

Rated by 125 employees for salary & benefits

Management Trainee in Kolkata

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

Senior Associate Operations(non Sales) in Kolkata

Operations Department

4.0
  •  posted on 27 Aug 2018
3.0
 for  Salary and Benefits

Likes

Good for bigenners.. You will get promoted if you give oil to your senoirs only.. You've dobe the good work but the appreciation & peomotion will taken by others.. No future in this industry. You can start your career drom here.

read more
  • Skill development - Good
    +5 more

Dislikes

Pay scale is too low compare to work load. Promortion criteria is also not good.. Do oiling everyday to get promoted only.

read more

Senior Associate Operations in Kolkata

BFSI, Investments & Trading Department

1.0
  •  posted on 14 Aug 2018
1.0
 for  Salary and Benefits

Likes

Not a place to start your career with. While hiring they will say many things about company but they don't have a proper structure of work. Half of the time there won't be any net connection in your branch.

read more
  • Job security - Excellent

Dislikes

No career growth, no promotion , no salary

  • Salary - Bad
    +4 more

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.

read more
  • Salary - Poor

Sales Support Associate in Kishanganj

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 17 Jan 2024
1.0
 for  Salary and Benefits

Likes

Even though the salary in this company is very less as per the work, the salary is paid on time.

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Dislikes

In today's times, it is important to work to support my family properly, hence I give my 100% to this company so that someday my salary will increase but after working for more than 1 year, I am realizing that It is very difficult to move forward, here we have to work till late night due to which we are not able to give time to our family, and even after doing so much work, we get very low salary so that I cannot support my family properly. I don't know how to do it, even after working for more than 14 hours every day, I don't get any bonus also.

read more
  • Salary - Bad
    +4 more
see more salary related reviews

SBI Life Insurance Company interview questions by designations

Business Development Manager (19)Senior Associate (10)Senior Business Development Executive (10)Senior Business Development Manager (9)
View all 214 interview experiences

Know more about SBI Life Insurance Company Kolkata

More about working at SBI Life Insurance Company

SBI Life Insurance Company Salary FAQs

How much does SBI Life Insurance Company pay per year?
The average SBI Life Insurance Company salary ranges from approximately ₹0.2 Lakh to ₹3 Lakhs per year for a Banking Assistant and ₹45 Lakhs to ₹1.1 Crore per year for a Senior Vice President. Salary estimates are based on 627 SBI Life Insurance Company salaries received from various employees of SBI Life Insurance Company. SBI Life Insurance Company employees rate the overall salary and benefits package 2.9/5 stars.
What is the highest salary in SBI Life Insurance Company?
The highest-paying job at SBI Life Insurance Company is a Senior Vice President with a salary of ₹45 Lakhs to ₹1.1 Crore per year. The top 10% of employees earn more than ₹12.60 lakhs per year. The top 1% earn more than a whopping ₹35.57 lakhs per year.
What is the minimum salary in SBI Life Insurance Company?
Minimum salary at SBI Life Insurance Company depends on the role you are applying for. For Associate the minimum salary is ₹1 Lakh to ₹4.5 Lakhs per year, and for Development Manager the minimum salary is ₹1.8 Lakh to ₹4.6 Lakhs per year and so on.
What is the salary package for freshers in SBI Life Insurance Company?
The average salary at SBI Life Insurance Company for freshers varies from ₹1 Lakh to ₹2 Lakhs per year for Telecaller and ₹5.5 Lakhs to ₹12 Lakhs per year for Assistant Manager.
What is the notice period at SBI Life Insurance Company in Kolkata?
According to AmbitionBox, 34% of the SBI Life Insurance Company employees in Kolkata reported a notice period of 1 Month, 27% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 462 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Kolkata Salaries by Department

Average annual salary in SBI Life Insurance Company , Kolkata is INRunlock blur . Salary estimates are based on 627 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

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