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SBI Life Insurance Company

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3.8

based on 3.8k Reviews

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SBI Life Insurance Company Salaries in Mumbai

based on 1.4k latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Customer Success, Service & Operations Finance & Accounting Human Resources + 6 more
Designation Avg Annual Salary Open Jobs

Web Developer

1 year exp. · Mumbai (AmbitionBox Estimate)
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₹1.6 L/yr - ₹2.1 L/yr

Channel Manager

2 years exp. · Mumbai (AmbitionBox Estimate)
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₹9 L/yr - ₹11.5 L/yr

Senior Associate Business Analyst

5 years exp. · Mumbai (AmbitionBox Estimate)
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₹4.7 L/yr - ₹6 L/yr

Corporate Manager

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

Workman

1 year exp. · Mumbai (AmbitionBox Estimate)
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₹0.3 L/yr - ₹0.4 L/yr

Content Manager

9 years exp. · Mumbai (AmbitionBox Estimate)
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₹10 L/yr - ₹12.8 L/yr

Sr. Admin Executive

4 years exp. · Mumbai (AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.6 L/yr

Deputy Manager Administration

12 years exp. · Mumbai (AmbitionBox Estimate)
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₹6.8 L/yr - ₹8.7 L/yr

Vice President Finance & Accounts

15 years exp. · Mumbai (AmbitionBox Estimate)
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₹29.3 L/yr - ₹37.4 L/yr

Technical Architect

10 years exp. · Mumbai (AmbitionBox Estimate)
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₹14.4 L/yr - ₹18.4 L/yr

Assistant Program Manager

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

ASP.NET Developer

1 year exp. · Mumbai (AmbitionBox Estimate)
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₹3.7 L/yr - ₹4.7 L/yr

Company Secretary and Compliance Officer

14 years exp. · Mumbai (AmbitionBox Estimate)
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₹49.4 L/yr - ₹54.6 L/yr

Digital Marketing Manager

15 years exp. · Mumbai (AmbitionBox Estimate)
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₹13.5 L/yr - ₹17.2 L/yr

Senior Executive Assistant

9 years exp. · Mumbai (AmbitionBox Estimate)
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₹0.5 L/yr - ₹0.6 L/yr

Loan Officer

2 years exp. · Mumbai (AmbitionBox Estimate)
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₹3.9 L/yr - ₹4.9 L/yr

Taxation Executive

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

Area Manager - Sales & Marketing

14 years exp. · Mumbai (AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.8 L/yr

Operations Officer

3 years exp. · Mumbai (AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr

Analytics Project Manager

1 year exp. · Mumbai (AmbitionBox Estimate)
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₹11.8 L/yr - ₹15.1 L/yr

Last Updated: 10 Feb, 2025

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musicalpurple
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A&V ASSOCIATES
Salary Negotiation in an interview
Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.
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Salary related reviews for SBI Life Insurance Company

3.4

Rated by 215 employees for salary & benefits

Sr. BDE in Mumbai

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 09 Mar 2023
3.0
 for  Salary and Benefits

Likes

Your salary gets credited on time and there is job security.

  • Job security - Good

Dislikes

1 - immense work and target pressure 2 - no proper sales support 3 - time gets wasted in manual work, no automation in several aspects 4 - ground level issues of BDE/BDM is never heard by upper management 5 - no one cares if you quit the job, there is no exit interview 6 - no work life balance, worked even on sundays and bank holidays

read more
  • Promotions - Bad
    • +1 more

Associate in Mumbai

BFSI, Investments & Trading Department

4.0
  •  posted on 26 Apr 2022
3.0
 for  Salary and Benefits

Likes

...r service,etc.. In my opinion Company policies, culture, job security is Good.. Company provide huge salary and bonus in every year..

read more
  • Skill development - Good
    • +3 more

Dislikes

I have only one dislike about the company, Now the Company will not appoint any off roll staff to on roll.. Even if they were more brilliant and efficient person..

read more
  • Promotions - Poor

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.

read more
  • Skill development - Good
    • +4 more

Dislikes

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

read more

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

Agency Manager Sale, Marketing in Mumbai

Banking & Finance Department

5.0
  •  posted on 19 Jul 2021
5.0
 for  Salary and Benefits

Likes

...ife insurance company Ltd. very big organisation. and Rules and Regulations. Time to time salary. and every day new product learning and Reading.

read more
  • Salary - Excellent
    • +5 more

Dislikes

very big pressure Target every Hour pressure.

  • Skill development - Poor
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 216 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 1.4k 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 3.4/5 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 ₹12.60 lakhs per year. The top 1% earn more than a whopping ₹35.67 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 ₹4.5 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 ₹5.5 Lakhs to ₹12 Lakhs per year for Assistant Manager.
What is the notice period at SBI Life Insurance Company in Mumbai?
According to AmbitionBox, 55% of the SBI Life Insurance Company employees in Mumbai reported a notice period of 3 Months, 22% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 929 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Mumbai Salaries by Department

Average annual salary in SBI Life Insurance Company , Mumbai is INRunlock blur . Salary estimates are based on 1.4k SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

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