SBI Life Insurance Company Life Insurance Executive Salaries by 4 Employees (Updated 2025)

1 - 7 years exp.

₹2.4 Lakhs - ₹4.5 Lakhs

Low Confidence

Salary of majority employees

6% more than the average Life Insurance Executive Salary in Insurance Companies for 1 - 7 years of experience

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Salaries in different departments

Sales & Business Development Life Insurance Executive Salary 1 - 6 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹4.5 L/yr
Customer Success, Service & Operations Life Insurance Executive Salary 7 years exp. (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.5 L/yr
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Healthcare & Life Sciences Life Insurance Executive Salary 2 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 15 Jan 2025

Companies similar to SBI Life Insurance Company for Life Insurance Executive

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Life Insurance Executive Salary 0 - 6 years exp. (4 salaries)	₹4 L/yr - ₹4.5 L/yr 23% more
HDFC Life Life Insurance Executive Salary 0 - 4 years exp. (5 salaries)	₹3.2 L/yr - ₹4 L/yr 1% more
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Max Life Insurance Life Insurance Executive Salary 2 - 5 years exp. (6 salaries)	₹2.2 L/yr - ₹3.5 L/yr 23% less
Reliance Nippon Life Insurance Life Insurance Executive Salary 0 - 2 years exp. (5 salaries)	₹1.8 L/yr - ₹8.7 L/yr 22% more
Tata AIA Life Insurance Life Insurance Executive Salary 3 - 6 years exp. (5 salaries)	₹2.6 L/yr - ₹5.9 L/yr 22% more
Aditya Birla Sun Life Insurance Life Insurance Executive Salary 0 - 2 years exp. (3 salaries)	₹3.3 L/yr - ₹3.3 L/yr 6% less
Shriram Life Insurance Life Insurance Executive Salary 1 - 2 years exp. (4 salaries)	₹2 L/yr - ₹3 L/yr 22% less

Life Insurance Executive salary at SBI Life Insurance Company ranges between ₹2.4 Lakhs to ₹4.5 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 4 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Life Insurance Executive salaries

Last Updated: 15 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.4 L/yr - ₹4.6 L/yr
2 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3 L/yr
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3 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
4 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
6 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.5 L/yr
7 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹7.9 L/yr

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Relationship Officer Salary

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₹2.4 L/yr - ₹3.8 L/yr

Senior Sales Manager Salary

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₹3.4 L/yr - ₹4.5 L/yr

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₹3.75 L/yr - ₹13.5 L/yr

Salary related reviews for SBI Life Insurance Company

Agency Manager in Hyderabad / Secunderabad

Full Time

Sales & Business Development Department

1.0

• posted on 27 Jun 2023

1.0

for Salary and Benefits

Likes

Good organisation for learning Training provide by that organisation is very good Customer service is nice Chain of branch is very good..

Skill development - Good

Dislikes

...ale without competition Senior manager always gives pressure to unit manager.. They earn 6 digit salary and lower staff salary is only 20k... promote product Boucher to investment own money...mea If you join that organisation get ready for so much pressure with low salary

Salary - Bad

+5 more

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 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.

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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 Life Insurance Executive Salary FAQs

What is the salary of Life Insurance Executive at SBI Life Insurance Company?

Life Insurance Executive salary at SBI Life Insurance Company in India ranges between ₹2.4 Lakhs to ₹4.5 Lakhs for experience between 1 years to 7 years. According to our estimates it is 6% more than the average Life Insurance Executive Salary in India. Salary estimates are based on 4 latest salaries received from various employees of SBI Life Insurance Company India.

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

The average salary of a Life Insurance Executive at SBI Life Insurance Company is 6% more than the average salary of a Life Insurance Executive 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 Executive in India?

ICICI Prudential Life Insurance Life Insurance Executive Salary - ₹4.0 Lakhs to ₹4.5 Lakhs per year
Tata AIA Life Insurance Life Insurance Executive Salary - ₹2.6 Lakhs to ₹5.9 Lakhs per year
Reliance Nippon Life Insurance Life Insurance Executive Salary - ₹1.8 Lakhs to ₹8.7 Lakhs per year
HDFC Life Life Insurance Executive Salary - ₹3.2 Lakhs to ₹4.0 Lakhs per year

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

Aditya Birla Sun Life Insurance Life Insurance Executive Salary - ₹3.3 Lakhs to ₹3.3 Lakhs per year
Shriram Life Insurance Life Insurance Executive Salary - ₹2.0 Lakhs to ₹3.0 Lakhs per year
Max Life Insurance Life Insurance Executive Salary - ₹2.2 Lakhs to ₹3.5 Lakhs per year

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

The estimated take-home salary of a Life Insurance Executive at SBI Life Insurance Company ranges between ₹25,247 per month to ₹26,682 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Life Insurance Executive salary in India which ranges between ₹2.4 Lakhs to ₹4.5 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the SBI Life Insurance Company Life Insurance Executives reported a notice period of 1 Month, 25% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Life Insurance Executive Salaries by Location

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SBI Life Insurance Company Life Insurance Executive Salaries

SBI Life Insurance Company Life Insurance Executive salary in India ranges between ₹2.4 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

SBI Life Insurance Company Life Insurance Executive salaries in India

Companies similar to SBI Life Insurance Company for Life Insurance Executive

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

Experience wise SBI Life Insurance Company Life Insurance Executive salaries

Similar Designation salaries in SBI Life Insurance Company

Salary related reviews for SBI Life Insurance Company

Agency Manager in Hyderabad / Secunderabad

Area Sales Manager in Vijayawada

Business Development Manager in Rajkot

Senior Business Development Manager in Katni

Business Development Manager in Jaipur

SBI Life Insurance Company Life Insurance Executive Salary FAQs

Tell us how to improve this page.

SBI Life Insurance Company Life Insurance Executive Salaries by Location