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

Annual salary range
6 - 18 years exp.
₹3.6 Lakhs - ₹13 Lakhs
Salary of majority employees
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26% less than the average Operations Manager Salary in Insurance Companies for 6 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Operations Manager Salary
8 - 18 years exp. (21 salaries)
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₹7 L/yr - ₹11 L/yr

Customer Success, Service & Operations
Operations Manager Salary
6 - 16 years exp. (11 salaries)
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₹3.6 L/yr - ₹13 L/yr

Last Updated: 5 Feb 2025

Companies similar to SBI Life Insurance Company for Operations Manager

Company name Avg Annual Salary Open Jobs
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₹1.5 L/yr - ₹8.4 L/yr

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HDFC Life Operations Manager Salary

1 - 17 years exp. (38 salaries)

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₹1.5 L/yr - ₹10.4 L/yr

arrow icon 29% less
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₹3.5 L/yr - ₹15 L/yr

arrow icon 5% more
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₹2.2 L/yr - ₹11 L/yr

arrow icon 25% less
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₹2.7 L/yr - ₹8.5 L/yr

arrow icon 41% less
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₹6.5 L/yr - ₹15.6 L/yr

arrow icon 46% more
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₹2.9 L/yr - ₹3.9 L/yr

arrow icon 56% less
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₹5 L/yr - ₹9.5 L/yr

arrow icon 9% more
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PNB MetLife Operations Manager Salary

8 - 17 years exp. (9 salaries)

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₹5.5 L/yr - ₹11.2 L/yr

arrow icon 18% less
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₹1.8 L/yr - ₹9 L/yr

arrow icon 43% less
1 job opening
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MetLife Operations Manager Salary

7 - 19 years exp. (22 salaries)

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₹16 L/yr - ₹30.4 L/yr

arrow icon 170% more
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₹2.3 L/yr - ₹9.6 L/yr

arrow icon 30% less
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₹1.5 L/yr - ₹7 L/yr

arrow icon 33% less
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₹3.4 L/yr - ₹10.6 L/yr

arrow icon 24% less
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₹15 L/yr - ₹27 L/yr

arrow icon 172% more
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₹2.6 L/yr - ₹10.1 L/yr

arrow icon 33% less
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₹3.8 L/yr - ₹6.3 L/yr

arrow icon 42% less
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₹3.4 L/yr - ₹7.3 L/yr

arrow icon 41% less
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Gallagher Operations Manager Salary

16 - 19 years exp. (4 salaries)

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₹15.9 L/yr - ₹21.3 L/yr

arrow icon 132% more
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₹2 L/yr - ₹4.5 L/yr

arrow icon 60% less
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Operations Manager salary at SBI Life Insurance Company ranges between ₹3.6 Lakhs to ₹13 Lakhs per year for employees with experience between 6 years to 18 years. Salary estimates are based on 44 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Operations Manager

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11 years exp.
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6 years exp.

Experience wise SBI Life Insurance Company Operations Manager salaries

Last Updated: 5 Feb 2025

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹12 L/yr
7 years (AmbitionBox Estimate)

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₹5.8 L/yr - ₹12.4 L/yr
8 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹8.8 L/yr
9 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹8.8 L/yr
10 years (AmbitionBox Estimate)

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₹5 L/yr - ₹13.7 L/yr
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Similar Designation salaries in SBI Life Insurance Company

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₹2.5 L/yr - ₹6 L/yr
Senior Operations Manager Salary
(AmbitionBox Estimate)
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₹14.4 L/yr - ₹18.4 L/yr
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₹3.2 L/yr - ₹4.25 L/yr
Team Manager Salary
(9 salaries)
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₹7.5 L/yr - ₹20.7 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹7.7 L/yr - ₹9.8 L/yr
Branch Manager Salary
(169 salaries)
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₹6.5 L/yr - ₹15.7 L/yr
Area Manager Salary
(221 salaries)
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₹4.6 L/yr - ₹14.26 L/yr
Deputy Manager Salary
(38 salaries)
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₹2.5 L/yr - ₹10 L/yr
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₹12.1 L/yr - ₹20 L/yr
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₹6.75 L/yr - ₹14.5 L/yr
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Salary related reviews for SBI Life Insurance Company

3.4

Rated by 13 employees for salary & benefits

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

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 01 Feb 2023

2.0
 for  Salary and Benefits

Likes

Company culture is very bad only pressure nothing or

Dislikes

Official working days me bhi office bulate hain aur bill pay nahi karte hain personal life jaish kuchh nahi rehta hain aur morning 7:00am zoom start kar dete hain

read more
  • Salary - Poor
  • +6 more

Full Time

 · 

Sels Department

5.0
  •  posted on 12 Apr 2021

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 good salary hike and bonus every year.

read more
  • Salary - Excellent
  • +6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

read more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 25 Sep 2023

1.0
 for  Salary and Benefits

Likes

Only Job Security,

  • Job security - Good

Dislikes

...hear from long time. Only due to not get any increment I have left the job..... You will hire new persons on higher package but you won't retain ur old employes on giving them some litter bit hike or increment. My humble request to you that plz take care of your old employes who are working on lower package or CTC, from long time...plz don't force them to leave the job due to lower Package... And plz start Rehiring. Lots of old employes are ready to work with sbilife Again.🙏

read more
  • Salary - Bad
  • +3 more

Sales Department

1.0
  •  posted on 12 May 2022

5.0
 for  Salary and Benefits

Likes

Salary before month end Brand Reputation

  • Salary - Excellent
  • +1 more

Dislikes

No personal life satisfaction Terrible AM behavior No felicitation No recognition Poor plans and costly Pressure will come like he'll If channel partners not supported even though we've to do business.. Less customer service at channel partner

read more
  • Skill development - Poor
  • +2 more
see more salary related reviews

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SBI Life Insurance Company Operations Manager Salary FAQs

What is the salary of Operations Manager at SBI Life Insurance Company?
Operations Manager salary at SBI Life Insurance Company in India ranges between ₹3.6 Lakhs to ₹13.0 Lakhs for experience between 6 years to 18 years. According to our estimates it is 26% less than the average Operations Manager Salary in India. Salary estimates are based on 44 latest salaries received from various employees of SBI Life Insurance Company India.
How does the salary of a Operations Manager at SBI Life Insurance Company India compare with the average salary range for this job?
The average salary of a Operations Manager at SBI Life Insurance Company is 26% less than the average salary of a Operations Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than SBI Life Insurance Company to a Operations Manager in India?
  • Principal Global Services Operations Manager Salary - ₹15.0 Lakhs to ₹27.0 Lakhs per year
  • MetLife Operations Manager Salary - ₹16.0 Lakhs to ₹30.4 Lakhs per year
  • Gallagher Operations Manager Salary - ₹15.9 Lakhs to ₹21.3 Lakhs per year
  • AIG Operations Manager Salary - ₹15.0 Lakhs to ₹16.0 Lakhs per year
  • Allianz Operations Manager Salary - ₹8.0 Lakhs to ₹23.0 Lakhs per year
What is the salary of a Operations Manager in companies similar to SBI Life Insurance Company in India?
  • Tata AIA Life Insurance Operations Manager Salary - ₹6.5 Lakhs to ₹15.6 Lakhs per year
  • Aviva Life Insurance India Operations Manager Salary - ₹5.0 Lakhs to ₹9.5 Lakhs per year
  • Bajaj Allianz Life Insurance Operations Manager Salary - ₹3.5 Lakhs to ₹15.0 Lakhs per year
  • PNB MetLife Operations Manager Salary - ₹5.5 Lakhs to ₹11.2 Lakhs per year
  • Aditya Birla Health Insurance Co Operations Manager Salary - ₹3.4 Lakhs to ₹10.6 Lakhs per year
What is the estimated take home salary of a Operations Manager at SBI Life Insurance Company in India?
The estimated take-home salary of a Operations Manager at SBI Life Insurance Company ranges between ₹59,272 per month to ₹60,768 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Operations Manager salary in India which ranges between ₹3.6 Lakhs to ₹13.0 Lakhs per year for employees with experience between 6 years to 18 years. Check how did we calculate take home salary?
What is the notice period for Operations Manager at SBI Life Insurance Company?
According to AmbitionBox, 71% of the SBI Life Insurance Company Operations Managers reported a notice period of 3 Months, 12% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 35 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Operations Manager salary in India ranges between ₹3.6 Lakhs to ₹13 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 44 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.