Lakhs
Lakhs
Monthly In-hand Salary
38% less than the average Manager Salary in Insurance Companies for 3 - 15 years of experience
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Salaries in different departments
BFSI, Investments & Trading
Manager Salary
3 - 8
years
exp.
(3
salaries)
|  ₹8 L/yr - ₹13 L/yr |
Data Science & Analytics
Manager Salary
12 - 15
years
exp.
(3
salaries)
| ₹9.3 L/yr - ₹12 L/yr |
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| |
Customer Success, Service & Operations
Manager Salary
6 - 7
years
exp.
(AmbitionBox Estimate)
| ₹10.5 L/yr - ₹16 L/yr |
Sales & Business Development
Manager Salary
4
years
exp.
(AmbitionBox Estimate)
| ₹5.2 L/yr - ₹9.5 L/yr |
Companies similar to SBI Life Insurance Company for Manager in Bangalore / Bengaluru
SBI Life Insurance Company
Manager Salary
3 - 15 years exp. (10 salaries) |  ₹5.2 L/yr - ₹16 L/yr |
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Kotak Mahindara Life Insurance Manager Salary
0 - 11 years exp. (57 salaries) | ₹3 L/yr - ₹7.5 L/yr 
50%
less | |
 HDFC Life Manager Salary
2 - 15 years exp. (45 salaries) | ₹3.8 L/yr - ₹14.4 L/yr
20%
less | 2 job openings |
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| ||
 AIG Manager Salary
5 - 15 years exp. (35 salaries) | ₹9 L/yr - ₹22 L/yr 
51%
more | |
 HDFC Ergo General Insurance Manager Salary
4 - 14 years exp. (24 salaries) | ₹5.5 L/yr - ₹12.4 L/yr
14%
less | |
 ICICI Prudential Life Insurance Manager Salary
1 - 12 years exp. (15 salaries) | ₹3.5 L/yr - ₹12 L/yr
27%
less | |
 Tata AIA Life Insurance Manager Salary
4 - 17 years exp. (14 salaries) | ₹6.1 L/yr - ₹21.7 L/yr
37%
more | 2 job openings |
 ICICI Lombard General Insurance Company Manager Salary
2 - 13 years exp. (14 salaries) | ₹3.5 L/yr - ₹11 L/yr
37%
less | |
 Bajaj Allianz Life Insurance Manager Salary
3 - 18 years exp. (11 salaries) | ₹5.4 L/yr - ₹19 L/yr
17%
more | |
 Axis Max Life Insurance Manager Salary
3 - 13 years exp. (8 salaries) | ₹5 L/yr - ₹11 L/yr
21%
less | 1 job opening |
 Reliance Nippon Life Insurance Manager Salary
3 - 15 years exp. (6 salaries) | ₹5 L/yr - ₹8.4 L/yr
46%
less | |
 AXA Manager Salary
6 years exp. (5 salaries) | ₹52 L/yr - ₹85 L/yr
462%
more | |
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| ||
 Aditya Birla Health Insurance Co Manager Salary
3 - 6 years exp. (4 salaries) | ₹5.5 L/yr - ₹16 L/yr
4%
more | |
 Gallagher Manager Salary
7 - 11 years exp. (3 salaries) | ₹8.9 L/yr - ₹14 L/yr
26%
more | |
 Bajaj Allianz General Insurance Manager Salary
9 - 14 years exp. (3 salaries) | ₹11.5 L/yr - ₹18 L/yr
51%
more | |
Experience wise SBI Life Insurance Company Manager salaries in Bangalore / Bengaluru
Last Updated: 14 Mar 2025
| Experience | Avg Annual Salary |
|---|---|
| 3 years (AmbitionBox Estimate) |
₹9.4
L/yr
- ₹12
L/yr
|
| 4 years (AmbitionBox Estimate) |
₹9.4
L/yr
- ₹12
L/yr
|
Login to view exact salary
| |
| 5 years (AmbitionBox Estimate) |
₹9.4
L/yr
- ₹12.1
L/yr
|
| 6 years (AmbitionBox Estimate) |
₹9.5
L/yr
- ₹12.1
L/yr
|
| 7 years (AmbitionBox Estimate) |
₹9.5
L/yr
- ₹12.1
L/yr
|
From
To
Manager
3 - 17 years exp.
Senior Manager
5 - 14 years exp.
From
To
Manager
3 - 17 years exp.
Associate Vice President
9 - 20 years exp.
Similar Designation salaries in SBI Life Insurance Company
Top skills at SBI Life Insurance Company for Manager
Salary related reviews for SBI Life Insurance Company
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Top trending discussions
SBI Life Insurance Company Manager Salary FAQs
The top 10% of Manager in Bangalore / Bengaluru at SBI Life Insurance Company earn more than ₹14.5 Lakhs per year, and the top 1% earn over ₹16.0 Lakhs per year. Manager Salaries at SBI Life Insurance Company can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.
These estimates are based on salary data submitted by 10 SBI Life Insurance Company employees in India.
- - Operations
- - Insurance Operations
- - data governance
- - HP Data Protector
- - New Business
These skills are highly valued at SBI Life Insurance Company and are crucial for successful performance in a Software Engineering role.
| AXA | ₹52.0 Lakhs to ₹85.0 Lakhs per year |
| Bajaj Allianz General Insurance | ₹11.5 Lakhs to ₹18.0 Lakhs per year |
| AIG | ₹9.0 Lakhs to ₹22.0 Lakhs per year |
| Tata AIA Life Insurance | ₹6.1 Lakhs to ₹21.7 Lakhs per year |
| Gallagher | ₹8.9 Lakhs to ₹14.0 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by SBI Life Insurance Company, depending on the role and experience level.
| Bajaj Allianz Life Insurance | ₹5.4 Lakhs to ₹19.0 Lakhs per year |
| Aditya Birla Health Insurance Co | ₹5.5 Lakhs to ₹16.0 Lakhs per year |
| HDFC Ergo General Insurance | ₹5.5 Lakhs to ₹12.4 Lakhs per year |
| HDFC Life | ₹3.8 Lakhs to ₹14.4 Lakhs per year |
| Axis Max Life Insurance | ₹5.0 Lakhs to ₹11.0 Lakhs per year |
These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
| Experience | Average Salary Range |
|---|---|
| 3 years | ₹9.4 Lakhs to ₹12.0 Lakhs per year |
| 4 years | ₹9.4 Lakhs to ₹12.0 Lakhs per year |
| 5 years | ₹9.4 Lakhs to ₹12.1 Lakhs per year |
| 6 years | ₹9.5 Lakhs to ₹12.1 Lakhs per year |
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- SBI Life Insurance Company Manager Salaries in Bangalore / Bengaluru
SBI Life Insurance Company Manager salary
in
Bangalore / Bengaluru
ranges between ₹5.2
Lakhs to ₹16
Lakhs with an average annual salary of
₹
. Salary estimates are based on
10
SBI Life Insurance Company latest salaries received from various employees of
SBI Life Insurance Company.