SBI Life Insurance Company Licensed Insurance Agent Salaries by Employees (Updated 2025)

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₹4.5 Lakhs - ₹5.8 Lakhs

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Last Updated: 22 Aug 2023

Companies similar to SBI Life Insurance Company for Licensed Insurance Agent

Company name	Avg Annual Salary	Open Jobs
Life Insurance Corporation of India Licensed Insurance Agent Salary 1 - 8 years exp. (10 salaries)	₹1 L/yr - ₹5 L/yr 42% less
United India Insurance Company Licensed Insurance Agent Salary 3 - 15 years exp. (3 salaries)	₹4 L/yr - ₹5.2 L/yr 7% less
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LIC POLICY HOLDERS SERVICE CENTRE Licensed Insurance Agent Salary 1 - 3 years exp. (4 salaries)	₹2.2 L/yr - ₹3 L/yr 51% less
LIC Life Plus Licensed Insurance Agent Salary 0 - 4 years exp. (3 salaries)	₹0.4 L/yr - ₹1 L/yr 86% less

Licensed Insurance Agent salary at SBI Life Insurance Company ranges between ₹4.5 Lakhs to ₹5.8 Lakhs per year for employees with 1 year of experience. Salary estimates are based on 1 latest salaries received from various employees of SBI Life Insurance Company.

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Salary related reviews for SBI Life Insurance Company

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.

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

Salary - Excellent

+4 more

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

Job security - Poor

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

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.

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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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SBI Life Insurance Company Licensed Insurance Agent Salary FAQs

What is the notice period for Licensed Insurance Agent at SBI Life Insurance Company?

According to AmbitionBox, 100% of the SBI Life Insurance Company Licensed Insurance Agents reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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SBI Life Insurance Company Licensed Insurance Agent Salaries

SBI Life Insurance Company Licensed Insurance Agent salary in India ranges between ₹4.5 Lakhs to ₹5.8 Lakhs. This is an estimate based on latest salaries received from employees of SBI Life Insurance Company.