Upload Button Icon Add office photos
filter salariesFilter salaries by

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
unlock blur
unlock blur

26% less than the average Operations Manager Salary in Insurance Companies for 6 - 18 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Operations Manager Salary
8 - 18 years exp. (21 salaries)
unlock-blur

₹7 L/yr - ₹11 L/yr

Customer Success, Service & Operations
Operations Manager Salary
6 - 16 years exp. (11 salaries)
unlock-blur

₹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
unlock blur

₹1.8 L/yr - ₹9 L/yr

arrow icon 45% less
unlock blur

₹2.2 L/yr - ₹11 L/yr

arrow icon 25% less
unlock blur

₹1.5 L/yr - ₹7.5 L/yr

arrow icon 47% less
Logo
HDFC Life Operations Manager Salary

1 - 17 years exp. (38 salaries)

unlock blur

₹1.5 L/yr - ₹10.4 L/yr

arrow icon 30% less
unlock blur

₹2.7 L/yr - ₹9 L/yr

arrow icon 40% less
Logo
MetLife Operations Manager Salary

7 - 19 years exp. (22 salaries)

unlock blur

₹16.6 L/yr - ₹30.4 L/yr

arrow icon 180% more
1 job opening
unlock blur

₹6.5 L/yr - ₹15.6 L/yr

arrow icon 44% more
unlock blur

₹2.3 L/yr - ₹9.6 L/yr

arrow icon 30% less
unlock blur

₹3.5 L/yr - ₹15 L/yr

arrow icon 4% more
unlock blur

₹1.5 L/yr - ₹6.3 L/yr

arrow icon 37% less
unlock blur

₹3.4 L/yr - ₹10.6 L/yr

arrow icon 24% less
unlock blur

₹15 L/yr - ₹27 L/yr

arrow icon 165% more
unlock blur

₹2.9 L/yr - ₹3.9 L/yr

arrow icon 52% less
Logo
PNB MetLife Operations Manager Salary

8 - 17 years exp. (9 salaries)

unlock blur

₹5.5 L/yr - ₹11.2 L/yr

arrow icon 19% less
unlock blur

₹2.6 L/yr - ₹10.1 L/yr

arrow icon 32% less
Logo
unlock blur

₹3.8 L/yr - ₹6.3 L/yr

arrow icon 47% less
unlock blur

₹3.4 L/yr - ₹7.3 L/yr

arrow icon 41% less
Logo
Gallagher Operations Manager Salary

16 - 19 years exp. (4 salaries)

unlock blur

₹15.9 L/yr - ₹21.3 L/yr

arrow icon 130% more
unlock blur

₹2 L/yr - ₹2.5 L/yr

arrow icon 74% less
Logo
Allianz Operations Manager Salary

9 - 15 years exp. (4 salaries)

unlock blur

₹8 L/yr - ₹23 L/yr

arrow icon 66% more
View all
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

1mo ago
avg blur mobile
11 years exp.
3mo ago
avg blur mobile
16 years exp.
4mo ago
avg blur mobile
7 years exp.
4mo ago
avg blur mobile
16 years exp.
7mo ago
avg blur mobile
15 years exp.
9mo ago
avg blur mobile
16 years exp.
10mo ago
avg blur mobile
15 years exp.
1y ago
avg blur mobile
16 years exp.
1y ago
avg blur mobile
18 years exp.
1y ago
avg blur mobile
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)

unlock blur

₹3.6 L/yr - ₹12.2 L/yr
7 years (AmbitionBox Estimate)

unlock blur

₹5.8 L/yr - ₹12.6 L/yr
8 years (AmbitionBox Estimate)

unlock blur

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

unlock blur

₹3 L/yr - ₹8.8 L/yr
10 years (AmbitionBox Estimate)

unlock blur

₹5 L/yr - ₹13.8 L/yr
View all

Similar Designation salaries in SBI Life Insurance Company

unlock blur
₹2.5 L/yr - ₹6 L/yr
unlock blur
₹14 L/yr - ₹18 L/yr
unlock blur
₹3.2 L/yr - ₹4.25 L/yr
Team Manager Salary
(11 salaries)
unlock blur
₹7.5 L/yr - ₹15 L/yr
Store Manager Salary
(AmbitionBox Estimate)
unlock blur
₹7.7 L/yr - ₹9.8 L/yr
Branch Manager Salary
(171 salaries)
unlock blur
₹6.5 L/yr - ₹16 L/yr
Area Manager Salary
(221 salaries)
unlock blur
₹4.6 L/yr - ₹14.26 L/yr
Deputy Manager Salary
(38 salaries)
unlock blur
₹2.5 L/yr - ₹10 L/yr
unlock blur
₹12.1 L/yr - ₹20 L/yr
unlock blur
₹6.75 L/yr - ₹14.5 L/yr

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

Discover interview dos and don'ts from real experiences

SBI Life Insurance Company Operations Manager Salary FAQs

What is the salary of Operations Manager at SBI Life Insurance Company ?
The average salary of a Operations Manager at SBI Life Insurance Company in India typically ranges from ₹3.6 Lakhs to ₹13.0 Lakhs per year, depending on experience (from 6 years to 18 years).

The top 10% of Operations Manager at SBI Life Insurance Company earn more than ₹11.5 Lakhs per year, and the top 1% earn over ₹13.0 Lakhs per year. Operations Manager 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 40+ SBI Life Insurance Company employees in India.
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 in India typically ranges from ₹59,680 to ₹61,188 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹13.0 Lakhs per year for employees with experience ranging from 6 years to 18 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 40+ salaries received from various employees of SBI Life Insurance Company. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than SBI Life Insurance Company for Operations Manager in India?
MetLife ₹16.6 Lakhs to ₹30.4 Lakhs per year
Principal Global Services ₹15.0 Lakhs to ₹27.0 Lakhs per year
Gallagher ₹15.9 Lakhs to ₹21.3 Lakhs per year
AIG ₹15.0 Lakhs to ₹16.0 Lakhs per year
Allianz ₹8.0 Lakhs to ₹23.0 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 Manager in companies similar to SBI Life Insurance Company in India?
The salary of a Operations Manager 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:

Tata AIA Life Insurance ₹6.5 Lakhs to ₹15.6 Lakhs per year
Bajaj Allianz Life Insurance ₹3.5 Lakhs to ₹15.0 Lakhs per year
PNB MetLife ₹5.5 Lakhs to ₹11.2 Lakhs per year
Aditya Birla Health Insurance Co ₹3.4 Lakhs to ₹10.6 Lakhs per year
Axis Max Life Insurance ₹2.2 Lakhs to ₹11.0 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 Manager at SBI Life Insurance Company in India?
The salary growth for a Operations Manager at SBI Life Insurance Company depends on factors such as experience, performance, and promotions. On average, a Operations Manager can expect the following growth trajectory at SBI Life Insurance Company:

Experience Average Salary Range
6 years ₹3.6 Lakhs to ₹12.2 Lakhs per year
7 years ₹5.8 Lakhs to ₹12.6 Lakhs per year
8 years ₹2.9 Lakhs to ₹8.8 Lakhs per year
9 years ₹3.0 Lakhs to ₹8.8 Lakhs per year
and so on.

Tell us how to improve this page.

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.