SBI Life Insurance Company Operations Salaries by 10+ Employees (Updated 2025)

1 - 10 years exp.

₹2.4 Lakhs - ₹5 Lakhs

Salary of majority employees

9% less than the average Operations Salary in Insurance Companies for 1 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Operations Salary 2 - 4 years exp. (3 salaries)	₹2.4 L/yr - ₹2.5 L/yr
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Customer Success, Service & Operations Operations Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr

Last Updated: 17 Jul 2023

Companies similar to SBI Life Insurance Company for Operations

Company name	Avg Annual Salary	Open Jobs
HDFC Life Operations Salary 1 - 6 years exp. (4 salaries)	₹1.1 L/yr - ₹4 L/yr 19% less
Bajaj Allianz Life Insurance Operations Salary 0 - 4 years exp. (4 salaries)	₹2.2 L/yr - ₹3 L/yr 18% less
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Kotak Mahindara Life Insurance Operations Salary 5 years exp. (4 salaries)	₹2 L/yr - ₹2.7 L/yr 28% less
Reliance Nippon Life Insurance Operations Salary 3 - 5 years exp. (3 salaries)	₹2 L/yr - ₹2.8 L/yr 31% less
Bajaj Allianz General Insurance Operations Salary 3 - 9 years exp. (5 salaries)	₹1.5 L/yr - ₹5.3 L/yr 9% less	1 job opening
Star Health & Allied Insurance Operations Salary 1 - 9 years exp. (5 salaries)	₹1.8 L/yr - ₹2.3 L/yr 42% less

Operations salary at SBI Life Insurance Company ranges between ₹2.4 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 13 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Operations salaries

Last Updated: 17 Jul 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
2 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
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3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
4 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
5 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
8 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
10 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr

View all

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Salary related reviews for SBI Life Insurance Company

4.0

Rated by 2 employees for salary & benefits

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

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

Business Development Executive in Gangtok

Full Time

Marketing & Communication Department

4.0

• posted on 13 Sep 2023

5.0

for Salary and Benefits

Likes

very good company with good oppurtunities and good pay

Salary - Excellent

+4 more

Dislikes

management is not so good,specially our managers always threatning for resign and salary hold.company needs to fix this kind of problems for their employee to work with full motivation

Job security - Poor

BDM in Salem

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 06 Nov 2023

1.0

for Salary and Benefits

Likes

...east HRs are doing basic work means many candidates carrier will not get spoil. My only suggestion for HRs in SBI life is please do the basic job for the salary what you are earning if not means don't purchase food or groceries for their family in that salary money

Dislikes

Manager , Management, HR in India Bank bancassurance channel if anyone joins in SBI life means carrier will lost. Please ask those who are currently working in SBI life too

Salary - Bad

+6 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

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Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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SBI Life Insurance Company Operations Salary FAQs

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

Operations salary at SBI Life Insurance Company in India ranges between ₹2.4 Lakhs to ₹5.0 Lakhs for experience between 1 years to 10 years. According to our estimates it is 9% less than the average Operations Salary in India. Salary estimates are based on 13 latest salaries received from various employees of SBI Life Insurance Company India.

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

The average salary of a Operations at SBI Life Insurance Company is 9% less than the average salary of a Operations in India. To know exact salary insights, login to view.

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

Bajaj Allianz General Insurance Operations Salary - ₹1.5 Lakhs to ₹5.3 Lakhs per year
Bajaj Allianz Life Insurance Operations Salary - ₹2.2 Lakhs to ₹3.0 Lakhs per year
HDFC Life Operations Salary - ₹1.1 Lakhs to ₹4.0 Lakhs per year
Kotak Mahindara Life Insurance Operations Salary - ₹2.0 Lakhs to ₹2.7 Lakhs per year
Reliance Nippon Life Insurance Operations Salary - ₹2.0 Lakhs to ₹2.8 Lakhs per year

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

The estimated take-home salary of a Operations at SBI Life Insurance Company ranges between ₹23,970 per month to ₹25,424 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Operations salary in India which ranges between ₹2.4 Lakhs to ₹5.0 Lakhs per year for employees with experience between 1 years to 10 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the SBI Life Insurance Company Operationss reported a notice period of 3 Months, 25% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Operations Salaries by Location

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SBI Life Insurance Company Operations Salaries

SBI Life Insurance Company Operations salary in India ranges between ₹2.4 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.