SBI Life Insurance Company Operations Officer Salaries by 3 Employees

3 - 5 years exp.

₹3 Lakhs - ₹4.5 Lakhs

Low Confidence

Salary of majority employees

At par with the average Operations Officer Salary in Insurance Companies for 3 - 5 years of experience

Interested in this particular role?

Last Updated: 16 Aug 2024

Companies similar to SBI Life Insurance Company for Operations Officer

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz General Insurance Operations Officer Salary 0 - 6 years exp. (34 salaries)	₹1.6 L/yr - ₹3.5 L/yr 36% less
Star Health & Allied Insurance Operations Officer Salary 0 - 8 years exp. (17 salaries)	₹1.4 L/yr - ₹3 L/yr 40% less
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HDFC Life Operations Officer Salary 2 - 6 years exp. (15 salaries)	₹1.5 L/yr - ₹3.9 L/yr 37% less
ICICI Lombard General Insurance Company Operations Officer Salary 4 - 7 years exp. (5 salaries)	₹2.8 L/yr - ₹3 L/yr 24% less
Bajaj Allianz Life Insurance Operations Officer Salary 2 - 8 years exp. (4 salaries)	₹1.7 L/yr - ₹2.8 L/yr 41% less
HDFC Ergo General Insurance Operations Officer Salary 1 - 5 years exp. (4 salaries)	₹1 L/yr - ₹2.2 L/yr 56% less
ICICI Prudential Life Insurance Operations Officer Salary 0 - 2 years exp. (3 salaries)	₹3 L/yr - ₹4 L/yr 4% less
Reliance Nippon Life Insurance Operations Officer Salary 3 - 9 years exp. (3 salaries)	₹1.7 L/yr - ₹3.5 L/yr 27% less
Tata AIA Life Insurance Operations Officer Salary 2 - 4 years exp. (3 salaries)	₹2.3 L/yr - ₹2.7 L/yr 34% less
The New India Assurance Co. Operations Officer Salary 4 - 6 years exp. (3 salaries)	₹1.8 L/yr - ₹2.3 L/yr 48% less

Operations Officer salary at SBI Life Insurance Company ranges between ₹3 Lakhs to ₹4.5 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 3 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Operations Officer salaries

Last Updated: 16 Aug 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr

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Salary related reviews for SBI Life Insurance Company

1.0

Rated by 2 employees for salary & benefits

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

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

Senior Associate in Jaipur

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

Operations Associate in K RPuram

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

Skill development - Good

+4 more

Dislikes

Ego issues with higher level officials

Operations Associate in Akola

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

Salary - Poor

+3 more

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SBI Life Insurance Company Operations Officer Salary FAQs

How the salary growth look like for a Operations Officer at SBI Life Insurance Company in India?

The salary growth for a Operations Officer at SBI Life Insurance Company depends on factors such as experience, performance, and promotions. On average, a Operations Officer can expect the following growth trajectory at SBI Life Insurance Company:

Experience	Average Salary Range
3 years	₹4.1 Lakhs to ₹5.2 Lakhs per year
5 years	₹3.2 Lakhs to ₹4.0 Lakhs per year

and so on.

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SBI Life Insurance Company Operations Officer Salaries

SBI Life Insurance Company Operations Officer salary in India ranges between ₹3 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.