SBI Life Insurance Company Officer Salaries by 4 Employees (Updated 2025)

0 - 10 years exp.

₹2.5 Lakhs - ₹4 Lakhs

Low Confidence

Salary of majority employees

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37% less than the average Officer Salary in Insurance Companies for 0 - 10 years of experience

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Last Updated: 22 Nov 2024

Companies similar to SBI Life Insurance Company for Officer

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Officer Salary 3 - 5 years exp. (5 salaries)	Unlock ₹3 L/yr - ₹3.9 L/yr 15% more
HDFC Life Officer Salary 3 - 7 years exp. (6 salaries)	Unlock ₹2.2 L/yr - ₹3.6 L/yr 1% less
Login to view exact salary
Axis Max Life Insurance Officer Salary 2 - 15 years exp. (3 salaries)	Unlock ₹2.8 L/yr - ₹12 L/yr 98% more
Bajaj Allianz Life Insurance Officer Salary 2 - 12 years exp. (5 salaries)	Unlock ₹1.2 L/yr - ₹2.8 L/yr 27% less
Kotak Mahindara Life Insurance Officer Salary 0 - 11 years exp. (6 salaries)	Unlock ₹3 L/yr - ₹4.5 L/yr 22% more
Reliance Nippon Life Insurance Officer Salary 3 - 6 years exp. (3 salaries)	Unlock ₹1.8 L/yr - ₹6.2 L/yr 12% more
Tata AIA Life Insurance Officer Salary 3 - 7 years exp. (14 salaries)	Unlock ₹2.8 L/yr - ₹4.9 L/yr 25% more	2 job openings
Life Insurance Corporation of India Officer Salary 0 - 9 years exp. (3 salaries)	Unlock ₹1.3 L/yr - ₹3.2 L/yr 38% less
Star Health & Allied Insurance Officer Salary 0 - 6 years exp. (242 salaries)	Unlock ₹1.2 L/yr - ₹4 L/yr 16% less
Bajaj Allianz General Insurance Officer Salary 1 - 5 years exp. (22 salaries)	Unlock ₹1.2 L/yr - ₹2.6 L/yr 30% less
HDFC Ergo General Insurance Officer Salary 0 - 7 years exp. (9 salaries)	Unlock ₹2.9 L/yr - ₹3.2 L/yr 3% less
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ICICI Lombard General Insurance Company Officer Salary 1 - 5 years exp. (6 salaries)	Unlock ₹1.1 L/yr - ₹5.5 L/yr 10% more
The Oriental Insurance Co. Officer Salary 1 - 2 years exp. (3 salaries)	Unlock ₹1.3 L/yr - ₹2 L/yr 49% less

Officer salary at SBI Life Insurance Company ranges between ₹2.5 Lakhs to ₹4 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 4 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Officer salaries

Last Updated: 22 Nov 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	Unlock ₹2.9 L/yr - ₹5.8 L/yr
1 year (AmbitionBox Estimate)	Unlock ₹2.9 L/yr - ₹5.7 L/yr
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2 years (AmbitionBox Estimate)	Unlock ₹2.8 L/yr - ₹3.6 L/yr
3 years (AmbitionBox Estimate)	Unlock ₹1.2 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹2.8 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹2.7 L/yr - ₹3.5 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹2.7 L/yr - ₹3.4 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹2.6 L/yr - ₹3.4 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹2.6 L/yr - ₹3.3 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹2.6 L/yr - ₹3.3 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹2.5 L/yr - ₹5 L/yr

View all

Similar Designation salaries in SBI Life Insurance Company

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₹4.5 L/yr - ₹5.8 L/yr

Test Engineer Salary

(AmbitionBox Estimate)

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₹12.7 L/yr - ₹16.2 L/yr

Deputy Manager Salary

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₹2.5 L/yr - ₹10 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

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₹8.1 L/yr - ₹10.4 L/yr

Software Engineer Salary

(6 salaries)

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₹6.5 L/yr - ₹8.5 L/yr

Quality Analyst Salary

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₹3.8 L/yr - ₹4.5 L/yr

Automation Test Engineer Salary

(AmbitionBox Estimate)

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₹12.6 L/yr - ₹16.1 L/yr

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₹4 L/yr - ₹12.5 L/yr

Salary related reviews for SBI Life Insurance Company

4.0

Rated by 1 employees for salary & benefits

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.

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.

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.

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 😭

Job security - Good

+1 more

Dislikes

Every thing Accept salary on time

Salary - Bad

+4 more

Development Manager in Kolhapur

Full Time

Sales & Business Development Department

3.0

• posted on 23 Mar 2024

2.0

for Salary and Benefits

Likes

SBI LIFE company one of d best Lerner and advance business development company. I learnt about recruitment, business development, product knowledge, proper training, market identification, prospect screening everything... This base given me stronger now make my leadership skills, culture is very good, supportive operation staff, digital marketing services also digital payment security is one of d best function. I like learning, build relationships with my team, products and culture.

Skill development - Good

+2 more

Dislikes

It's issue about low salary, holiday weekend not allowed, some seniors behaviour very rude and harrasment. Company HR not responded after leaving job, some manager HR not understanding what is situation about employee. Very badly speak in front of our team, ts hurt.

Salary - Poor

Operations Officer in Dehradun

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 08 Jul 2023

1.0

for Salary and Benefits

Likes

Salary is credited on time. Office ambience is good

Dislikes

There is no work life balance in the company. There is huge salary gap in sales and operations. Work load is unevenly distributed between male and female employees. There is overtime on regular basis and male employees are forced to work overtime and times cooercive language is used. KRA is not properly set and you don't know on which basis you will be rated. Reporting manager is free to use any misappropriate language and HR manager completely support any misdeeds of managers and does every best to supress your complaint.

Salary - Bad

+6 more

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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SBI Life Insurance Company Officer Salary FAQs

What is the salary of Officer at SBI Life Insurance Company?

Officer salary at SBI Life Insurance Company in India ranges between ₹2.5 Lakhs to ₹4.0 Lakhs for less than 1 year of experience to 10 years. According to our estimates it is 37% less than the average Officer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of SBI Life Insurance Company India.

How does the salary of a Officer at SBI Life Insurance Company India compare with the average salary range for this job?

The average salary of a Officer at SBI Life Insurance Company is 37% less than the average salary of a Officer in India. To know exact salary insights, login to view.

Which similar companies are paying more than SBI Life Insurance Company to a Officer in India?

Axis Max Life Insurance Officer Salary - ₹2.8 Lakhs to ₹12.0 Lakhs per year
Tata AIA Life Insurance Officer Salary - ₹2.8 Lakhs to ₹4.9 Lakhs per year
Kotak Mahindara Life Insurance Officer Salary - ₹3.0 Lakhs to ₹4.5 Lakhs per year
ICICI Prudential Life Insurance Officer Salary - ₹3.0 Lakhs to ₹3.9 Lakhs per year
Reliance Nippon Life Insurance Officer Salary - ₹1.8 Lakhs to ₹6.2 Lakhs per year

What is the salary of a Officer in companies similar to SBI Life Insurance Company in India?

ICICI Lombard General Insurance Company Officer Salary - ₹1.1 Lakhs to ₹5.5 Lakhs per year
HDFC Life Officer Salary - ₹2.2 Lakhs to ₹3.6 Lakhs per year
HDFC Ergo General Insurance Officer Salary - ₹2.9 Lakhs to ₹3.2 Lakhs per year
Star Health & Allied Insurance Officer Salary - ₹1.2 Lakhs to ₹4.0 Lakhs per year
Bajaj Allianz Life Insurance Officer Salary - ₹1.2 Lakhs to ₹2.8 Lakhs per year

What is the estimated take home salary of a Officer at SBI Life Insurance Company in India?

The estimated take-home salary of a Officer at SBI Life Insurance Company ranges between ₹21,611 per month to ₹23,101 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Officer salary in India which ranges between ₹2.5 Lakhs to ₹4.0 Lakhs per year for employees with less than 1 year of experience to 10 years. Check how did we calculate take home salary?

What is the notice period for Officer at SBI Life Insurance Company?

According to AmbitionBox, 50% of the SBI Life Insurance Company Officers reported a notice period of 15 days or less, 50% reported a notice period of More than 3 months.This is based on 2 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Officer Salaries

SBI Life Insurance Company Officer salary in India ranges between ₹2.5 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.