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SBI Life Insurance Company Operations Associate salaries in India (Updated 2025)

Annual salary range
0 - 6 years exp.
₹1.5 Lakh - ₹4.5 Lakhs
Salary of majority employees
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Fixed (75%)
₹2.2 Lakhs
Variable (25%)
₹0.8 Lakh
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17% less than the average Operations Associate Salary in Insurance Companies for 0 - 6 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Operations Associate Salary
0 - 6 years exp. (51 salaries)
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₹1.6 L/yr - ₹4.5 L/yr

BFSI, Investments & Trading
Operations Associate Salary
0 - 5 years exp. (28 salaries)
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₹1.8 L/yr - ₹3.1 L/yr

Finance & Accounting
Operations Associate Salary
1 - 4 years exp. (4 salaries)
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₹1.7 L/yr - ₹3 L/yr

Last Updated: 10 Mar 2025

Companies similar to SBI Life Insurance Company for Operations Associate

Company name Avg Annual Salary Open Jobs
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₹2.1 L/yr - ₹4 L/yr

arrow icon 8% more
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₹2.5 L/yr - ₹3.9 L/yr

arrow icon 11% more
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HDFC Life Operations Associate Salary

1 - 5 years exp. (14 salaries)

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₹1.8 L/yr - ₹4.5 L/yr

arrow icon 7% more
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₹2.3 L/yr - ₹4.1 L/yr

arrow icon 9% more
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₹1.7 L/yr - ₹3.1 L/yr

arrow icon 18% less
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MetLife Operations Associate Salary

0 - 4 years exp. (4 salaries)

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₹1.8 L/yr - ₹6 L/yr

arrow icon 33% more
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₹3 L/yr - ₹4 L/yr

arrow icon 14% more
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₹1.2 L/yr - ₹3.5 L/yr

arrow icon 16% less
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₹5.5 L/yr - ₹8 L/yr

arrow icon 117% more
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₹1.8 L/yr - ₹3.5 L/yr

At par
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₹3.5 L/yr - ₹23 L/yr

arrow icon 225% more
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₹3.6 L/yr - ₹5 L/yr

arrow icon 43% more
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PNB MetLife Operations Associate Salary

0 - 19 years exp. (4 salaries)

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₹2 L/yr - ₹19 L/yr

arrow icon 132% more
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₹1.8 L/yr - ₹3.8 L/yr

arrow icon 8% less
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₹1.3 L/yr - ₹2.8 L/yr

arrow icon 22% less
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Allianz Operations Associate Salary

0 - 1 year exp. (3 salaries)

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₹1.6 L/yr - ₹3 L/yr

arrow icon 14% less
Operations Associate salary at SBI Life Insurance Company ranges between ₹1.5 Lakh to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 107 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Operations Associate

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Experience wise SBI Life Insurance Company Operations Associate salaries

Last Updated: 10 Mar 2025

Experience Avg Annual Salary
Fresher  (8 salaries)

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₹1.6 L/yr - ₹2.7 L/yr
1 year  (18 salaries)

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₹1.5 L/yr - ₹3.2 L/yr
2 years  (17 salaries)

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₹1.9 L/yr - ₹3.5 L/yr
3 years  (19 salaries)

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₹1.6 L/yr - ₹3.1 L/yr
4 years  (20 salaries)

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₹2.2 L/yr - ₹4 L/yr
View all

Similar Designation salaries in SBI Life Insurance Company

Senior Associate Salary
(539 salaries)
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₹2.3 L/yr - ₹6.75 L/yr
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₹3.5 L/yr - ₹4.5 L/yr
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₹3.6 L/yr - ₹13 L/yr
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₹2.1 L/yr - ₹5.5 L/yr
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₹1.2 L/yr - ₹3.5 L/yr
Senior Process Associate Salary
(AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.5 L/yr
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₹2.5 L/yr - ₹6 L/yr
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₹1.2 L/yr - ₹2.1 L/yr
Senior Analyst Salary
(AmbitionBox Estimate)
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₹27 L/yr - ₹34.5 L/yr
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₹3.8 L/yr - ₹4.5 L/yr

Top skills at SBI Life Insurance Company for Operations Associate

Operations Management Operations

Salary related reviews for SBI Life Insurance Company

3.1

Rated by 33 employees for salary & benefits

BFSI, Investments & Trading Department

5.0
  •  posted on 27 Apr 2022

3.0
 for  Salary and Benefits

Likes

100Percent Job security upto retirement and company policies are very good but salary varies from management employees to locally recruited employees and remaining all facilities are equal

read more
  • Skill development - Good
  • +4 more

Dislikes

Ego issues with higher level officials

BFSI, Investments & Trading Department

3.0
  •  posted on 30 May 2021

2.0
 for  Salary and Benefits

Likes

Very less pressure compare to other companies

  • Skill development - Good
  • +1 more

Dislikes

Too much partiality. People from head office have growth opportunities. Also salary is very less as compared to work. Once I raised voice against such culture but nothing happened and I was blacklisted and targetted till now. It's HR job to look after employees grudges but they only suppress the voice

read more
  • Salary - Poor
  • +3 more

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.

read more
  • 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

read more
  • Work satisfaction - Poor
  • +2 more

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

read more

BFSI, Investments & Trading Department

5.0
  •  posted on 29 Oct 2020

5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give salary hike and bonus every year.

read more
  • Salary - Excellent
  • +6 more
see more salary related reviews

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SBI Life Insurance Company Operations Associate Salary FAQs

What is the salary of Operations Associate at SBI Life Insurance Company ?
The average salary of a Operations Associate at SBI Life Insurance Company in India typically ranges from ₹1.5 Lakhs to ₹4.5 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Operations Associate at SBI Life Insurance Company earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Operations Associate Salaries at SBI Life Insurance Company can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 100+ SBI Life Insurance Company employees in India.
What is the estimated take home salary of a Operations Associate at SBI Life Insurance Company in India?
The estimated take-home salary of a Operations Associate at SBI Life Insurance Company in India typically ranges from ₹21,188 to ₹22,834 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from Fresher to 6 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 100+ salaries received from various employees of SBI Life Insurance Company. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Operations Associate at SBI Life Insurance Company ?
To be a Operations Associate at SBI Life Insurance Company in india, the key skills required include:

  • - Operations Management
  • - Operations

These skills are highly valued at SBI Life Insurance Company and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than SBI Life Insurance Company for Operations Associate in India?
Bajaj Allianz Life Insurance ₹3.5 Lakhs to ₹23.0 Lakhs per year
PNB MetLife ₹2.0 Lakhs to ₹19.0 Lakhs per year
Principal Global Services ₹5.5 Lakhs to ₹8.0 Lakhs per year
HDFC Ergo General Insurance ₹3.6 Lakhs to ₹5.0 Lakhs per year
MetLife ₹1.8 Lakhs to ₹6.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by SBI Life Insurance Company, depending on the role and experience level.
What is the salary of a Operations Associate in companies similar to SBI Life Insurance Company in India?
The salary of a Operations Associate at companies similar to SBI Life Insurance Company in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SBI General Insurance ₹3.0 Lakhs to ₹4.0 Lakhs per year
Aditya Birla Health Insurance Co ₹2.5 Lakhs to ₹3.9 Lakhs per year
Axis Max Life Insurance ₹2.3 Lakhs to ₹4.1 Lakhs per year
ICICI Prudential Life Insurance ₹2.1 Lakhs to ₹4.0 Lakhs per year
HDFC Life ₹1.8 Lakhs to ₹4.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Operations Associate at SBI Life Insurance Company in India?
The salary growth for a Operations Associate at SBI Life Insurance Company depends on factors such as experience, performance, and promotions. On average, a Operations Associate can expect the following growth trajectory at SBI Life Insurance Company:

Experience Average Salary Range
Fresher ₹1.6 Lakhs to ₹2.7 Lakhs per year
1 year ₹1.5 Lakhs to ₹3.2 Lakhs per year
2 years ₹1.9 Lakhs to ₹3.5 Lakhs per year
3 years ₹1.6 Lakhs to ₹3.1 Lakhs per year
and so on.

Tell us how to improve this page.

SBI Life Insurance Company Operations Associate salary in India ranges between ₹1.5 Lakh to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 107 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.