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SBI Life Insurance Company Life Insurance Advisor salaries in India

Annual salary range
0 - 4 years exp.
₹1 Lakh - ₹4 Lakhs
Salary of majority employees
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38% less than the average Life Insurance Advisor Salary in Insurance Companies for 0 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Life Insurance Advisor Salary
0 - 3 years exp. (9 salaries)
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₹1 L/yr - ₹4 L/yr

Sales & Business Development
Life Insurance Advisor Salary
1 - 3 years exp. (6 salaries)
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₹2.4 L/yr - ₹3.3 L/yr

Customer Success, Service & Operations
Life Insurance Advisor Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹2.3 L/yr - ₹3.6 L/yr

Engineering - Software & QA
Life Insurance Advisor Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹4 L/yr - ₹5 L/yr

Finance & Accounting
Life Insurance Advisor Salary
1 - 3 years exp. (AmbitionBox Estimate)
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₹1.8 L/yr - ₹3.6 L/yr

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Last Updated: 12 Sep 2024

Companies similar to SBI Life Insurance Company for Life Insurance Advisor

Company name Avg Annual Salary Open Jobs
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₹2.3 L/yr - ₹5.4 L/yr

arrow icon 6% more
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HDFC Life Life Insurance Advisor Salary

0 - 7 years exp. (20 salaries)

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₹1.5 L/yr - ₹6 L/yr

arrow icon 20% more
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₹1.2 L/yr - ₹3.5 L/yr

arrow icon 7% less
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₹2.3 L/yr - ₹4 L/yr

arrow icon 6% more
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₹1 L/yr - ₹5.5 L/yr

arrow icon 3% more
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₹1 L/yr - ₹3 L/yr

arrow icon 13% less
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₹1.2 L/yr - ₹6 L/yr

arrow icon 9% more
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₹0.5 L/yr - ₹4 L/yr

arrow icon 30% less
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₹3 L/yr - ₹3.3 L/yr

arrow icon 10% more
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₹1.2 L/yr - ₹5.1 L/yr

arrow icon 1% more
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PNB MetLife Life Insurance Advisor Salary

0 - 4 years exp. (9 salaries)

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₹1.2 L/yr - ₹3.8 L/yr

arrow icon 11% less
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₹1.3 L/yr - ₹3 L/yr

arrow icon 28% less
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₹2.2 L/yr - ₹3.2 L/yr

arrow icon 7% more
Life Insurance Advisor salary at SBI Life Insurance Company ranges between ₹1 Lakh to ₹4 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 31 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Life Insurance Advisor

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Experience wise SBI Life Insurance Company Life Insurance Advisor salaries

Last Updated: 12 Sep 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.5 L/yr - ₹5 L/yr
1 year  (12 salaries)

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₹1 L/yr - ₹4 L/yr
2 years  (9 salaries)

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₹1.8 L/yr - ₹4 L/yr
3 years  (8 salaries)

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₹2 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹5.3 L/yr

Similar Designation salaries in SBI Life Insurance Company

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₹0.65 L/yr - ₹4.05 L/yr
Insurance Executive Salary
(AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr
Supervisor Salary
(3 salaries)
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₹3 L/yr - ₹4 L/yr
Data Entry Operator Salary
(AmbitionBox Estimate)
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₹2.1 L/yr - ₹2.6 L/yr
Sales Officer Salary
(100 salaries)
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₹1.7 L/yr - ₹3.5 L/yr
Sales Manager Salary
(82 salaries)
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₹1.2 L/yr - ₹5.6 L/yr
Sales Executive Salary
(51 salaries)
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₹1.45 L/yr - ₹4.7 L/yr
LIC Agent Salary
(6 salaries)
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₹1.45 L/yr - ₹2.05 L/yr
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₹2.4 L/yr - ₹3.8 L/yr
Senior Associate Salary
(538 salaries)
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₹2 L/yr - ₹6.75 L/yr

Salary related reviews for SBI Life Insurance Company

4.2

Rated by 14 employees for salary & benefits

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

read 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.

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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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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.

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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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Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 29 Apr 2018

3.0
 for  Salary and Benefits

Likes

Company is

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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Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 25 Sep 2023

1.0
 for  Salary and Benefits

Likes

Only Job Security,

Dislikes

...hear from long time. Only due to not get any increment I have left the job..... You will hire new persons on higher package but you won't retain ur old employes on giving them some litter bit hike or increment. My humble request to you that plz take care of your old employes who are working on lower package or CTC, from long time...plz don't force them to leave the job due to lower Package... And plz start Rehiring. Lots of old employes are ready to work with sbilife Again.🙏

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SBI Life Insurance Company Life Insurance Advisor Salary FAQs

What is the salary of Life Insurance Advisor at SBI Life Insurance Company?
Life Insurance Advisor salary at SBI Life Insurance Company in India ranges between ₹1.0 Lakhs to ₹4.0 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 38% less than the average Life Insurance Advisor Salary in India. Salary estimates are based on 31 latest salaries received from various employees of SBI Life Insurance Company India.
How does the salary of a Life Insurance Advisor at SBI Life Insurance Company India compare with the average salary range for this job?
The average salary of a Life Insurance Advisor at SBI Life Insurance Company is 38% less than the average salary of a Life Insurance Advisor in India. To know exact salary insights, login to view.
Which similar companies are paying more than SBI Life Insurance Company to a Life Insurance Advisor in India?
  • HDFC Life Life Insurance Advisor Salary - ₹1.5 Lakhs to ₹6.0 Lakhs per year
  • Canara HSBC Life Insurance Life Insurance Advisor Salary - ₹3.0 Lakhs to ₹3.3 Lakhs per year
  • Reliance Nippon Life Insurance Life Insurance Advisor Salary - ₹1.2 Lakhs to ₹6.0 Lakhs per year
  • Aditya Birla Sun Life Insurance Life Insurance Advisor Salary - ₹2.2 Lakhs to ₹3.2 Lakhs per year
  • ICICI Prudential Life Insurance Life Insurance Advisor Salary - ₹2.3 Lakhs to ₹5.4 Lakhs per year
What is the salary of a Life Insurance Advisor in companies similar to SBI Life Insurance Company in India?
  • Bajaj Allianz Life Insurance Life Insurance Advisor Salary - ₹2.3 Lakhs to ₹4.0 Lakhs per year
  • Kotak Mahindara Life Insurance Life Insurance Advisor Salary - ₹1.0 Lakhs to ₹5.5 Lakhs per year
  • Life Insurance Corporation of India Life Insurance Advisor Salary - ₹1.2 Lakhs to ₹5.1 Lakhs per year
  • Max Life Insurance Life Insurance Advisor Salary - ₹1.2 Lakhs to ₹3.5 Lakhs per year
  • PNB MetLife Life Insurance Advisor Salary - ₹1.2 Lakhs to ₹3.8 Lakhs per year
What is the estimated take home salary of a Life Insurance Advisor at SBI Life Insurance Company in India?
The estimated take-home salary of a Life Insurance Advisor at SBI Life Insurance Company ranges between ₹20,275 per month to ₹21,934 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Life Insurance Advisor salary in India which ranges between ₹1.0 Lakhs to ₹4.0 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?
What is the notice period for Life Insurance Advisor at SBI Life Insurance Company?
According to AmbitionBox, 50% of the SBI Life Insurance Company Life Insurance Advisors reported a notice period of 15 days or less, 33% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 46 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

SBI Life Insurance Company Life Insurance Advisor salary in India ranges between ₹1 Lakh to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 31 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.