SBI Life Insurance Company Pune Manager Salaries by Employees (Updated 2024)

Companies similar to SBI Life Insurance Company for Manager in Pune

SBI Life Insurance Company Manager Salary

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Company name	Avg Annual Salary	Open Jobs
HDFC Life Manager Salary 4 - 12 years exp. (25 salaries)	₹4.5 L/yr - ₹13.8 L/yr 83% more
ICICI Prudential Life Insurance Manager Salary 1 - 12 years exp. (22 salaries)	₹4.2 L/yr - ₹13 L/yr 65% more
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Max Life Insurance Manager Salary 4 - 12 years exp. (7 salaries)	₹4.9 L/yr - ₹12 L/yr 74% more	12 job openings
Bajaj Allianz Life Insurance Manager Salary 2 - 18 years exp. (90 salaries)	₹7.1 L/yr - ₹22 L/yr 228% more	1 job opening
Kotak Mahindara Life Insurance Manager Salary 0 - 9 years exp. (27 salaries)	₹3 L/yr - ₹5.5 L/yr 13% more	3 job openings
Bharti AXA Life Insurance Manager Salary 3 - 13 years exp. (8 salaries)	₹4.8 L/yr - ₹11.4 L/yr 125% more
HDFC Ergo General Insurance Manager Salary 4 - 16 years exp. (28 salaries)	₹5 L/yr - ₹14 L/yr 126% more
SBI General Insurance Manager Salary 1 - 13 years exp. (11 salaries)	₹6.5 L/yr - ₹10.4 L/yr 94% more
Aditya Birla Sun Life Insurance Manager Salary 1 - 11 years exp. (7 salaries)	₹6 L/yr - ₹13.5 L/yr 96% more
Aditya Birla Health Insurance Co Manager Salary 5 - 13 years exp. (6 salaries)	₹8 L/yr - ₹12 L/yr 122% more
Principal Global Services Manager Salary 10 - 20 years exp. (4 salaries)	₹10.3 L/yr - ₹25 L/yr 419% more
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ICICI Lombard General Insurance Company Manager Salary 6 - 10 years exp. (3 salaries)	₹6.6 L/yr - ₹10.9 L/yr 75% more

Similar Designation salaries in SBI Life Insurance Company

BDM Salary

(5 salaries)

₹4.05 L/yr - ₹5.5 L/yr

Operations Associate Salary

(4 salaries)

₹2.5 L/yr - ₹3.8 L/yr

Associate Vice President Salary

(3 salaries)

₹19 L/yr - ₹25 L/yr

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

Manager in Navi Mumbai

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.

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.

Manager in Mumbai

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.

Dislikes

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

Management Trainee in Kolkata

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.

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.

Senior Associate in New Delhi

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.

Dislikes

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

Senior Associate in Jaipur

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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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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SBI Life Insurance Company Manager Salary FAQs

What is the notice period for Manager at SBI Life Insurance Company in Pune?

According to AmbitionBox, 67% of the SBI Life Insurance Company Managers in Pune reported a notice period of 1 Month, 33% reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.