SBI Life Insurance Company Operations Officer Salaries by 3 Employees (Updated 2024)

3 - 5 years exp.

₹3 Lakhs - ₹4.5 Lakhs

Low Confidence

Salary of majority employees

7% more than the average Operations Officer Salary in Insurance Companies for 3 - 5 years of experience

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Last Updated: 16 Aug 2024

Companies similar to SBI Life Insurance Company for Operations Officer

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Operations Officer Salary 0 - 1 year exp. (3 salaries)	₹3 L/yr - ₹4 L/yr 4% less
HDFC Life Operations Officer Salary 2 - 6 years exp. (16 salaries)	₹1.5 L/yr - ₹3.9 L/yr 37% less
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Bajaj Allianz Life Insurance Operations Officer Salary 2 - 8 years exp. (4 salaries)	₹1.7 L/yr - ₹2.8 L/yr 41% 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
Star Health & Allied Insurance Operations Officer Salary 0 - 10 years exp. (20 salaries)	₹1.4 L/yr - ₹3 L/yr 40% less
ICICI Lombard General Insurance Company Operations Officer Salary 4 - 6 years exp. (5 salaries)	₹2.8 L/yr - ₹3 L/yr 24% less
HDFC Ergo General Insurance Operations Officer Salary 1 - 5 years exp. (4 salaries)	₹1 L/yr - ₹2.2 L/yr 56% 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

Similar Designation salaries in SBI Life Insurance Company

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Senior Analyst Salary

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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.

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.

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is very slow

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

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

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

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

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a technical project manager

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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SBI Life Insurance Company Operations Officer Salary FAQs

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

According to AmbitionBox, 50% of the SBI Life Insurance Company Operations Officers reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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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.