Upload Button Icon Add office photos
filter salariesFilter salaries by
Experience
Hyderabad / Secunderabad
Department

Clear (1)

SBI Life Insurance Company Manager salaries in Hyderabad / Secunderabad (Updated 2025)

Annual salary range
3 - 16 years exp.
₹4.8 Lakhs - ₹17.5 Lakhs
Salary of majority employees
unlock blur
Fixed (79%)
₹8.4 Lakhs
Variable (21%)
₹2.3 Lakhs
unlock blur Lock Unlock

36% less than the average Manager Salary in Insurance Companies for 3 - 16 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Manager Salary
4 - 15 years exp. (7 salaries)
unlock-blur Lock Unlock

₹5.1 L/yr - ₹17.5 L/yr

Customer Success, Service & Operations
Manager Salary
8 - 16 years exp. (3 salaries)
unlock-blur Lock Unlock

₹6.5 L/yr - ₹10.8 L/yr

Data Science & Analytics
Manager Salary
10 years exp. (AmbitionBox Estimate)
unlock-blur Lock Unlock

₹10.2 L/yr - ₹12.5 L/yr

Last Updated: 11 Feb 2025

Companies similar to SBI Life Insurance Company for Manager in Hyderabad / Secunderabad

Logo
SBI Life Insurance Company Manager Salary

3 - 16 years exp. (15 salaries)

unlock blur Lock Unlock

₹4.8 L/yr - ₹17.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
Logo
HDFC Life Manager Salary

2 - 14 years exp. (19 salaries)

unlock blur Lock Unlock

₹4.5 L/yr - ₹14.9 L/yr

arrow icon 21% less
Logo
ICICI Prudential Life Insurance Manager Salary

1 - 13 years exp. (17 salaries)

unlock blur Lock Unlock

₹3.5 L/yr - ₹10 L/yr

arrow icon 28% less
Logo
Axis Max Life Insurance Manager Salary

7 - 15 years exp. (13 salaries)

unlock blur Lock Unlock

₹4 L/yr - ₹15.5 L/yr

arrow icon 19% less
3 job openings
Logo
Kotak Mahindara Life Insurance Manager Salary

1 - 11 years exp. (23 salaries)

unlock blur Lock Unlock

₹3.4 L/yr - ₹7 L/yr

arrow icon 52% less
Logo
Tata AIA Life Insurance Manager Salary

5 - 16 years exp. (9 salaries)

unlock blur Lock Unlock

₹5.2 L/yr - ₹14.1 L/yr

arrow icon 17% more
3 job openings
unlock blur Lock Unlock

₹4.6 L/yr - ₹10.7 L/yr

arrow icon 40% less
Logo
Shriram Life Insurance Manager Salary

5 - 15 years exp. (25 salaries)

unlock blur Lock Unlock

₹5 L/yr - ₹15.5 L/yr

arrow icon 17% less
Logo
HDFC Ergo General Insurance Manager Salary

5 - 15 years exp. (21 salaries)

unlock blur Lock Unlock

₹5 L/yr - ₹13.4 L/yr

arrow icon 11% less
Logo
unlock blur Lock Unlock

₹6.5 L/yr - ₹11 L/yr

arrow icon 17% less
Logo
SBI General Insurance Manager Salary

1 - 9 years exp. (4 salaries)

unlock blur Lock Unlock

₹5.5 L/yr - ₹10 L/yr

arrow icon 24% less
Logo
unlock blur Lock Unlock

₹13.9 L/yr - ₹25 L/yr

arrow icon 60% more
Logo
unlock blur Lock Unlock

₹8.6 L/yr - ₹12 L/yr

arrow icon 9% less
Manager salary at SBI Life Insurance Company ranges between ₹4.8 Lakhs to ₹17.5 Lakhs per year for employees with experience between 3 years to 16 years. Salary estimates are based on 15 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Manager in Hyderabad / Secunderabad

1mo ago
avg blur mobile Lock Unlock
3 years exp.
6mo ago
avg blur mobile Lock Unlock
15 years exp.
8mo ago
avg blur mobile Lock Unlock
10 years exp.
1y ago
avg blur mobile Lock Unlock
16 years exp.
1y ago
avg blur mobile Lock Unlock
11 years exp.
1y ago
avg blur mobile Lock Unlock
16 years exp.
1y ago
avg blur mobile Lock Unlock
14 years exp.
1y ago
avg blur mobile Lock Unlock
8 years exp.
1y ago
avg blur mobile Lock Unlock
13 years exp.
1y ago
avg blur mobile Lock Unlock
4 years exp.

Experience wise SBI Life Insurance Company Manager salaries in Hyderabad / Secunderabad

Last Updated: 11 Feb 2025

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

unlock blur Lock Unlock

₹4.2 L/yr - ₹12.4 L/yr
4 years (AmbitionBox Estimate)

unlock blur Lock Unlock

₹5.1 L/yr - ₹19 L/yr
5 years (AmbitionBox Estimate)

unlock blur Lock Unlock

₹4.8 L/yr - ₹19 L/yr
6 years (AmbitionBox Estimate)

unlock blur Lock Unlock

₹9.5 L/yr - ₹12.2 L/yr
7 years (AmbitionBox Estimate)

unlock blur Lock Unlock

₹9.5 L/yr - ₹12.2 L/yr
View all
SBI Life Insurance Company Manager Salary and Career Growth

From

To

Manager

unlock blur Lock Unlock

3 - 20 years exp.

Senior Manager

unlock blur Lock Unlock

5 - 14 years exp.

From

To

Manager

unlock blur Lock Unlock

3 - 20 years exp.

Associate Vice President

unlock blur Lock Unlock

9 - 20 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in SBI Life Insurance Company

unlock blur Lock Unlock
₹2.35 L/yr - ₹6 L/yr

Top skills at SBI Life Insurance Company for Manager

Operations Insurance Operations data governance HP Data Protector New Business
Contribute & help others!
anonymous
You can choose to be anonymous

Salary related reviews for SBI Life Insurance Company

5.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Engineering - Software & QA Department

5.0
  •  posted on 29 Jun 2023

3.0
 for  Salary and Benefits

Likes

Job security. Insurance and medical benefits. Canteen. Leaves. Work life balance. Pick and drop bus facility. Events and outings.

read more
  • Job security - Excellent
  • +1 more

Dislikes

No promotion. Dirty internal politics. Less increment that too ratio of increment is more in variable rather than in hand salary. Lots of favouritism. HR and Admin are of no use. These people and other senior people think they owned the company. People from management want to set process but they won't follow the same. More preference is given to outsourced vendors rather than on roll employees.

read more
  • Skill development - Bad
  • +1 more

BFSI, Investments & Trading Department

4.0
  •  posted on 25 Apr 2021

3.0
 for  Salary and Benefits

Likes

Work life balance is the best part about the company. Lot of exposure to different roles. Life at regional office is tought whereas it is much better at Head office.

read more
  • Skill development - Good
  • +4 more

Dislikes

Slightly better compensation policy required. Other competitors are leading in that.

read more

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 02 Nov 2023

4.0
 for  Salary and Benefits

Likes

Salary and benefits are supportive.

  • Salary - Good
  • +1 more

Dislikes

No work life balance. The sales team pushes things like hell specially in the eastern region of the country. Third Saturday is a leave according to the company's leave policies but we don't get that leave.

read more
  • Skill development - Poor
  • +4 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.

read more
  • Job security - Good

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is very slow

read more
  • Work satisfaction - Poor
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 29 Apr 2018

3.0
 for  Salary and Benefits

Likes

Company is

  • Job security - Good
  • +1 more

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

read more
see more salary related reviews

Discover interview dos and don'ts from real experiences

SBI Life Insurance Company Manager Salary FAQs

What is the salary of Manager at SBI Life Insurance Company Hyderabad / Secunderabad?
Manager salary at SBI Life Insurance Company in Hyderabad / Secunderabad ranges between ₹4.8 Lakhs to ₹17.5 Lakhs for experience between 3 years to 16 years. According to our estimates it is 36% less than the average Manager Salary in India. Salary estimates are based on 15 latest salaries received from various employees of SBI Life Insurance Company Hyderabad / Secunderabad.
How does the salary of a Manager at SBI Life Insurance Company Hyderabad / Secunderabad compare with the average salary range for this job?
The average salary of a Manager at SBI Life Insurance Company is 36% less than the average salary of a Manager in Hyderabad / Secunderabad. 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 Hyderabad / Secunderabad.
Which similar companies are paying more than SBI Life Insurance Company to a Manager in Hyderabad / Secunderabad?
  • Bajaj Allianz General Insurance Manager Salary - ₹13.9 Lakhs to ₹25.0 Lakhs per year
  • Tata AIA Life Insurance Manager Salary - ₹5.2 Lakhs to ₹14.1 Lakhs per year
What is the salary of a Manager in companies similar to SBI Life Insurance Company in Hyderabad / Secunderabad?
  • Aditya Birla Health Insurance Co Manager Salary - ₹8.6 Lakhs to ₹12.0 Lakhs per year
  • HDFC Ergo General Insurance Manager Salary - ₹5.0 Lakhs to ₹13.4 Lakhs per year
  • Aditya Birla Sun Life Insurance Manager Salary - ₹6.5 Lakhs to ₹11.0 Lakhs per year
  • Shriram Life Insurance Manager Salary - ₹5.0 Lakhs to ₹15.5 Lakhs per year
  • Axis Max Life Insurance Manager Salary - ₹4.0 Lakhs to ₹15.5 Lakhs per year
What is the estimated take home salary of a Manager at SBI Life Insurance Company in Hyderabad / Secunderabad?
The estimated take-home salary of a Manager at SBI Life Insurance Company ranges between ₹76,666 per month to ₹78,654 per month in Hyderabad / Secunderabad. The take-home salary calculation is based on the average SBI Life Insurance Company Manager salary in India which ranges between ₹4.8 Lakhs to ₹17.5 Lakhs per year for employees with experience between 3 years to 16 years. Check how did we calculate take home salary?
What is the notice period for Manager at SBI Life Insurance Company in Hyderabad / Secunderabad?
According to AmbitionBox, 50% of the SBI Life Insurance Company Managers in Hyderabad / Secunderabad reported a notice period of 3 Months, 30% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 10 responses on AmbitionBox in last 2 years.

Recently Viewed

REVIEWS

Bright Vision

4.7

(3 reviews)

LIST OF COMPANIES

Bright Vision

Overview

SALARIES

DCB Bank

REVIEWS

Deutsche Bank

No Reviews

SALARIES

DCB Bank

REVIEWS

DCB Bank

No Reviews

REVIEWS

DCB Bank

No Reviews

REVIEWS

IndusInd Bank

No Reviews

REVIEWS

IndusInd Bank

No Reviews

Tell us how to improve this page.

SBI Life Insurance Company Manager salary in Hyderabad / Secunderabad ranges between ₹4.8 Lakhs to ₹17.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 15 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

Rate your experience using AmbitionBox
Terrible
Terrible
Poor
Poor
Average
Average
Good
Good
Excellent
Excellent