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Annual salary range
3 - 20 years exp.
₹5.2
Lakhs - ₹15
Lakhs
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary39% less than the average Manager Salary in Insurance Companies for 3 - 20 years of experience
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Salaries in different departments
BFSI, Investments & Trading
Manager Salary
3 - 20
years
exp.
(4
salaries)
|  ₹8 L/yr - ₹13 L/yr |
Customer Success, Service & Operations
Manager Salary
7
years
exp.
(AmbitionBox Estimate)
| ₹10.1 L/yr - ₹15 L/yr |
Login to view exact salary
| |
Data Science & Analytics
Manager Salary
12 - 15
years
exp.
(AmbitionBox Estimate)
| ₹9.3 L/yr - ₹12 L/yr |
Sales & Business Development
Manager Salary
4
years
exp.
(AmbitionBox Estimate)
| ₹5.2 L/yr - ₹9.1 L/yr |
Risk Management & Compliance
Manager Salary
13
years
exp.
(AmbitionBox Estimate)
| ₹9 L/yr - ₹11.5 L/yr |
Companies similar to SBI Life Insurance Company for Manager in Bangalore / Bengaluru
SBI Life Insurance Company
Manager Salary
3 - 20 years exp. (12 salaries) |  ₹5.2 L/yr - ₹15 L/yr |
vs
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 HDFC Life Manager Salary
1 - 16 years exp. (48 salaries) | ₹3.6 L/yr - ₹13.6 L/yr 
25%
less | 1 job opening |
 ICICI Prudential Life Insurance Manager Salary
1 - 12 years exp. (14 salaries) | ₹3.5 L/yr - ₹8.6 L/yr
26%
less | |
Login to view exact salary
| ||
 Max Life Insurance Manager Salary
7 - 13 years exp. (6 salaries) | ₹5 L/yr - ₹11 L/yr
13%
less | 16 job openings |
 Bajaj Allianz Life Insurance Manager Salary
3 - 18 years exp. (10 salaries) | ₹5.3 L/yr - ₹19 L/yr 
13%
more | 1 job opening |
 Kotak Mahindara Life Insurance Manager Salary
0 - 11 years exp. (57 salaries) | ₹3 L/yr - ₹7.5 L/yr
49%
less | |
 Tata AIA Life Insurance Manager Salary
4 - 17 years exp. (11 salaries) | ₹8.5 L/yr - ₹21.7 L/yr
36%
more | 10 job openings |
 Reliance Nippon Life Insurance Manager Salary
3 - 15 years exp. (6 salaries) | ₹5 L/yr - ₹8.4 L/yr
45%
less | |
 AIG Manager Salary
5 - 15 years exp. (35 salaries) | ₹9 L/yr - ₹22 L/yr
55%
more | |
 HDFC Ergo General Insurance Manager Salary
4 - 16 years exp. (26 salaries) | ₹5.5 L/yr - ₹12.4 L/yr
11%
less | |
 ICICI Lombard General Insurance Company Manager Salary
0 - 13 years exp. (16 salaries) | ₹4.5 L/yr - ₹11.9 L/yr
35%
less | |
 Care Health Insurance Manager Salary
2 - 7 years exp. (6 salaries) | ₹3.1 L/yr - ₹9.3 L/yr
44%
less | 2 job openings |
Login to view exact salary
| ||
 Aditya Birla Sun Life Insurance Manager Salary
1 - 8 years exp. (4 salaries) | ₹7.7 L/yr - ₹12 L/yr
18%
less | |
 Aditya Birla Health Insurance Co Manager Salary
3 - 6 years exp. (4 salaries) | ₹5.5 L/yr - ₹16 L/yr
5%
more | |
 Gallagher Manager Salary
7 - 11 years exp. (3 salaries) | ₹8.9 L/yr - ₹13.3 L/yr
15%
more | 1 job opening |
Manager salary at SBI Life Insurance Company ranges between ₹5.2
Lakhs
to ₹15
Lakhs
per year for employees with experience between 3 years to 20 years. Salary
estimates are based on
12 latest salaries received
from various employees of SBI Life Insurance Company.
Latest annual salaries shared by SBI Life Insurance Company Manager in Bangalore / Bengaluru
1mo ago
15
years
exp.
1mo ago
12
years
exp.
5mo ago
20
years
exp.
1y ago
7
years
exp.
1y ago
8
years
exp.
1y ago
4
years
exp.
1y ago
13
years
exp.
1y ago
3
years
exp.
1y ago
5
years
exp.
1y ago
7
years
exp.
Experience wise SBI Life Insurance Company Manager salaries in Bangalore / Bengaluru
Last Updated: 5 Dec 2024
| Experience | Avg Annual Salary |
|---|---|
| 3 years (AmbitionBox Estimate) |
₹8
L/yr
- ₹18
L/yr
|
| 4 years (AmbitionBox Estimate) |
₹5.2
L/yr
- ₹18.1
L/yr
|
Login to view exact salary
| |
| 5 years (AmbitionBox Estimate) |
₹10.1
L/yr
- ₹18.1
L/yr
|
| 6 years (AmbitionBox Estimate) |
₹9.1
L/yr
- ₹11.6
L/yr
|
| 7 years (3 salaries) |
₹4.1
L/yr
- ₹15
L/yr
|
View all
Similar Designation salaries in SBI Life Insurance Company
Top skills at SBI Life Insurance Company for Manager
Operations
Insurance Operations
data governance
HP Data Protector
New Business
Salary related reviews for SBI Life Insurance Company
Discover interview dos and don'ts from real experiences
Top trending discussions
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Salary Discussions, Hike & Promotions
2w (edited)
a social media specialist
Salary Expectations
I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards.
I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high.
What should be the ideal salary expectation for someone with my experience in the current market?
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SBI Life Insurance Company Manager Salary FAQs
What is the salary of Manager at SBI Life Insurance Company Bangalore / Bengaluru?
Manager salary at SBI Life Insurance Company in Bangalore / Bengaluru ranges between ₹5.2 Lakhs to ₹15.0 Lakhs for experience between 3 years to 20 years. According to our estimates it is 39% less than the average Manager Salary in India. Salary estimates are based on 12 latest salaries received from various employees of SBI Life Insurance Company Bangalore / Bengaluru.
How does the salary of a Manager at SBI Life Insurance Company Bangalore / Bengaluru compare with the average salary range for this job?
The average salary of a Manager at SBI Life Insurance Company is 39% less than the average salary of a Manager in Bangalore / Bengaluru. To know exact salary insights, login to view.
What are the top skills required to work as a Manager at SBI Life Insurance Company?
Operations, Insurance Operations, data governance, HP Data Protector and New Business are some of the popular skills required to work as a Manager at SBI Life Insurance Company Bangalore / Bengaluru.
Which similar companies are paying more than SBI Life Insurance Company to a Manager in Bangalore / Bengaluru?
- AIG Manager Salary - ₹9.0 Lakhs to ₹22.0 Lakhs per year
- Tata AIA Life Insurance Manager Salary - ₹8.5 Lakhs to ₹21.7 Lakhs per year
- Gallagher Manager Salary - ₹8.9 Lakhs to ₹13.3 Lakhs per year
- Bajaj Allianz Life Insurance Manager Salary - ₹5.3 Lakhs to ₹19.0 Lakhs per year
- Aditya Birla Health Insurance Co Manager Salary - ₹5.5 Lakhs to ₹16.0 Lakhs per year
What is the salary of a Manager in companies similar to SBI Life Insurance Company in Bangalore / Bengaluru?
- HDFC Ergo General Insurance Manager Salary - ₹5.5 Lakhs to ₹12.4 Lakhs per year
- Max Life Insurance Manager Salary - ₹5.0 Lakhs to ₹11.0 Lakhs per year
- Aditya Birla Sun Life Insurance Manager Salary - ₹7.7 Lakhs to ₹12.0 Lakhs per year
- HDFC Life Manager Salary - ₹3.6 Lakhs to ₹13.6 Lakhs per year
- ICICI Prudential Life Insurance Manager Salary - ₹3.5 Lakhs to ₹8.6 Lakhs per year
What is the estimated take home salary of a Manager at SBI Life Insurance Company in Bangalore / Bengaluru?
The estimated take-home salary of a Manager at SBI Life Insurance Company ranges between ₹74,277 per month to ₹76,198 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average SBI Life Insurance Company Manager salary in India which ranges between ₹5.2 Lakhs to ₹15.0 Lakhs per year for employees with experience between 3 years to 20 years. Check how did we calculate take home salary?
What is the notice period for Manager at SBI Life Insurance Company in Bangalore / Bengaluru?
According to AmbitionBox, 40% of the SBI Life Insurance Company Managers in Bangalore / Bengaluru reported a notice period of 2 Months, 40% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.
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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 ₹15
Lakhs with an average annual salary of
₹. Salary estimates are based on
12
SBI Life Insurance Company latest salaries received from various employees of
SBI Life Insurance Company.