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SBI Life Insurance Company

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3.8

based on 3.7k Reviews

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Mumbai
Engineering - Software & QA

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SBI Life Insurance Company Engineering - Software & QA Department Salaries in Mumbai

based on 51 latest salaries
Designation Avg Annual Salary Open Jobs

Plsql Developer

3 - 5 years exp. · Mumbai (5 salaries)
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₹4.3 L/yr - ₹7 L/yr

Associate Vice President

15 - 17 years exp. · Mumbai (4 salaries)
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₹16.5 L/yr - ₹28 L/yr

Software Developer

1 - 3 years exp. · Mumbai (4 salaries)
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₹3 L/yr - ₹6 L/yr

Java Developer

1 - 2 years exp. · Mumbai (3 salaries)
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₹3 L/yr - ₹5.2 L/yr

Manager- Corporate Sales

3 - 5 years exp. · Mumbai (3 salaries)
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₹5.9 L/yr - ₹6 L/yr

Java Technical Lead

10 - 11 years exp. · Mumbai (AmbitionBox Estimate)
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₹14.9 L/yr - ₹19 L/yr

Senior Associate Developer

1 - 2 years exp. · Mumbai (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr

Senior Quality Analyst

11 - 12 years exp. · Mumbai (AmbitionBox Estimate)
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₹9.9 L/yr - ₹12.7 L/yr

Senior Software Engineer

2 - 3 years exp. · Mumbai (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr

Web Developer

1 - 2 years exp. · Mumbai (AmbitionBox Estimate)
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₹1.3 L/yr - ₹1.6 L/yr

Software Test Analyst

9 years exp. · Mumbai (AmbitionBox Estimate)
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₹8.1 L/yr - ₹10.4 L/yr

ASP.NET MVC Developer

7 years exp. · Mumbai (AmbitionBox Estimate)
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₹6.3 L/yr - ₹8.1 L/yr

Senior Software Developer

5 years exp. · Mumbai (AmbitionBox Estimate)
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₹7.4 L/yr - ₹9.4 L/yr

Technical Manager

12 years exp. · Mumbai (AmbitionBox Estimate)
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₹18.5 L/yr - ₹23.7 L/yr

Application Support Engineer

3 years exp. · Mumbai (AmbitionBox Estimate)
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₹6.3 L/yr - ₹8 L/yr

Android Developer

1 year exp. · Mumbai (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

Senior Software Engineer Testing

5 years exp. · Mumbai (AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr

Software Engineer

5 years exp. · Mumbai (AmbitionBox Estimate)
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₹5.9 L/yr - ₹7.5 L/yr

IT Team Lead

10 years exp. · Mumbai (AmbitionBox Estimate)
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₹9.9 L/yr - ₹12.7 L/yr

Vice President IT

17 years exp. · Mumbai (AmbitionBox Estimate)
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₹33.3 L/yr - ₹42.6 L/yr

Last Updated: 20 Jan, 2025

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New Job, Higher Pay, Now I’m Feeling Awkward
I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!
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Salary related reviews for SBI Life Insurance Company

4.2

Rated by 7 employees for salary & benefits

Product Manager in Mumbai

Engineering - Software & QA Department

5.0
  •  posted on 03 Sep 2020
3.0
 for  Salary and Benefits

Likes

During this Covid-19, SBI Life is very supportive & understands the situation well. SBI Life is allowing and encouraging it's employees to work from home, for the same company's IT team is providing all support and resources to make work from home convenient for all.

read more
  • Skill development - Excellent
    • +3 more

Dislikes

Career growth and opportunities are low. Compensation n Benefits are average.

read more
  • Promotions - Poor

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.

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

Business Development Manager in Deoghar

Full Time

 · 

Marketing & Communication Department

5.0
  •  posted on 30 Jan 2025
2.0
 for  Salary and Benefits

Likes

Very good policy, good Behaviour from all senior Management.

  • Skill development - Good
    • +3 more

Dislikes

I am working from last 8 year but my salary is very low. If someone working is in other companies and they switched from there to here they are getting good CTC. If you are working in good location and if your assign branch and branch manager is good so you can get promotion but if you not working in good location or your assign branch is not good it's very deficit to get promotion.

read more
  • Salary - Poor

Sales Support Associate in Kishanganj

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 17 Jan 2024
1.0
 for  Salary and Benefits

Likes

Even though the salary in this company is very less as per the work, the salary is paid on time.

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Dislikes

In today's times, it is important to work to support my family properly, hence I give my 100% to this company so that someday my salary will increase but after working for more than 1 year, I am realizing that It is very difficult to move forward, here we have to work till late night due to which we are not able to give time to our family, and even after doing so much work, we get very low salary so that I cannot support my family properly. I don't know how to do it, even after working for more than 14 hours every day, I don't get any bonus also.

read more
  • Salary - Bad
    • +4 more

Development Manager in Jhargram

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 18 Oct 2023
1.0
 for  Salary and Benefits

Likes

...R profile like a puppet.Every single decesion are managed by higher authorities. No work and life balance, salary are on time but no increment very pathetic salary structure. No self respect. No work time. No emotion . Daily pressure. Vary vary bad 😭

read more
  • Job security - Good
    • +1 more

Dislikes

Every thing Accept salary on time

  • Salary - Bad
    • +4 more
see more salary related reviews

SBI Life Insurance Company interview questions by designations

Business Development Manager (19)Senior Business Development Executive (10)Senior Associate (10)Senior Business Development Manager (9)
View all 215 interview experiences

Know more about SBI Life Insurance Company Mumbai

More about working at SBI Life Insurance Company

SBI Life Insurance Company Salary FAQs

How much does SBI Life Insurance Company pay per year?
The average SBI Life Insurance Company salary ranges from approximately ₹0.2 Lakh to ₹3 Lakhs per year for a Banking Assistant and ₹45 Lakhs to ₹1.1 Crore per year for a Senior Vice President. Salary estimates are based on 51 SBI Life Insurance Company salaries received from various employees of SBI Life Insurance Company. SBI Life Insurance Company employees rate the overall salary and benefits package 4.2/5 stars.
What is the highest salary in SBI Life Insurance Company?
The highest-paying job at SBI Life Insurance Company is a Senior Vice President with a salary of ₹45 Lakhs to ₹1.1 Crore per year. The top 10% of employees earn more than ₹12.56 lakhs per year. The top 1% earn more than a whopping ₹35.52 lakhs per year.
What is the minimum salary in SBI Life Insurance Company?
Minimum salary at SBI Life Insurance Company depends on the role you are applying for. For Associate the minimum salary is ₹1 Lakh to ₹4.5 Lakhs per year, and for Development Manager the minimum salary is ₹1.8 Lakh to ₹4.6 Lakhs per year and so on.
What is the salary package for freshers in SBI Life Insurance Company?
The average salary at SBI Life Insurance Company for freshers varies from ₹1 Lakh to ₹2 Lakhs per year for Telecaller and ₹4.4 Lakhs to ₹10.5 Lakhs per year for Management Trainee.
What is the notice period at SBI Life Insurance Company in Engineering - Software & QA Department in Mumbai?
According to AmbitionBox, 33% of the SBI Life Insurance Company employees in Engineering - Software & QA Department in Mumbai reported a notice period of 3 Months, 27% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 30 responses on AmbitionBox in last 2 years.

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Average annual salary in Engineering - Software & QA department at SBI Life Insurance Company , Mumbai is INRunlock blur . Salary estimates are based on 51 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

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