SBI Life Insurance Company Thane Manager Salaries by 3 Employees (Updated 2025)

16 - 17 years exp.

₹8 Lakhs - ₹9.9 Lakhs

Low Confidence

Salary of majority employees

18% less than the average Manager Salary in Insurance Companies for 16 - 17 years of experience

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Last Updated: 31 Oct 2023

Companies similar to SBI Life Insurance Company for Manager in Thane

SBI Life Insurance Company Manager Salary

16 - 17 years exp. (3 salaries)

₹8 L/yr - ₹9.9 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata AIA Life Insurance Manager Salary 4 - 16 years exp. (5 salaries)	₹9.6 L/yr - ₹27.5 L/yr 68% more	11 job openings
Aditya Birla Health Insurance Co Manager Salary 2 - 12 years exp. (9 salaries)	₹4.5 L/yr - ₹14.9 L/yr 14% more
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Aditya Birla Sun Life Insurance Manager Salary 1 - 12 years exp. (4 salaries)	₹6.6 L/yr - ₹12 L/yr 6% less
Bank of Maharashtra Manager Salary 5 - 9 years exp. (7 salaries)	₹11 L/yr - ₹15 L/yr 51% more
SMFG India Credit Manager Salary 4 - 9 years exp. (7 salaries)	₹4.7 L/yr - ₹18.2 L/yr 8% more

Manager salary at SBI Life Insurance Company ranges between ₹8 Lakhs to ₹9.9 Lakhs per year for employees with experience between 16 years to 17 years. Salary estimates are based on 3 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Manager salaries in Thane

Last Updated: 31 Oct 2023

Experience	Avg Annual Salary
15+ years (3 salaries)	₹8 L/yr - ₹17.6 L/yr
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Similar Designation salaries in SBI Life Insurance Company

Associate Vice President Salary

(5 salaries)

₹14.5 L/yr - ₹30 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.

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.

Skill development - Bad

+1 more

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.

Skill development - Good

+4 more

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.

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.

Skill development - Poor

+4 more

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.

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

Work satisfaction - Poor

+2 more

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

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

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Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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SBI Life Insurance Company Manager Salary FAQs

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

According to AmbitionBox, 50% of the SBI Life Insurance Company Managers in Thane reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Manager Salaries in Thane

SBI Life Insurance Company Manager salary in Thane ranges between ₹8 Lakhs to ₹9.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.