SBI Life Insurance Company Process Associate Salaries by 10+ Employees (Updated 2025)

1 - 5 years exp.

₹1.2 Lakh - ₹3.5 Lakhs

Salary of majority employees

21% less than the average Process Associate Salary in Insurance Companies for 1 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Process Associate Salary 3 years exp. (4 salaries)	₹2.1 L/yr - ₹3.2 L/yr
Teaching & Training Process Associate Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹3 L/yr
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Finance & Accounting Process Associate Salary 4 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.5 L/yr

Last Updated: 10 Oct 2023

Companies similar to SBI Life Insurance Company for Process Associate

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Process Associate Salary 1 - 6 years exp. (11 salaries)	₹2.5 L/yr - ₹6 L/yr 42% more
HDFC Life Process Associate Salary 0 - 4 years exp. (26 salaries)	₹1.5 L/yr - ₹3.1 L/yr 12% less
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Max Life Insurance Process Associate Salary 1 - 6 years exp. (12 salaries)	₹2 L/yr - ₹3 L/yr 2% more
Bajaj Allianz Life Insurance Process Associate Salary 4 - 7 years exp. (4 salaries)	₹1.2 L/yr - ₹5.8 L/yr 37% more
Kotak Mahindara Life Insurance Process Associate Salary 2 - 5 years exp. (4 salaries)	₹1.8 L/yr - ₹4 L/yr 8% less
Aditya Birla Sun Life Insurance Process Associate Salary 1 - 4 years exp. (5 salaries)	₹2.6 L/yr - ₹4.7 L/yr 43% more
Gallagher Process Associate Salary 0 - 4 years exp. (1.4k salaries)	₹1.1 L/yr - ₹6 L/yr 18% more
First American Title Process Associate Salary 1 - 3 years exp. (189 salaries)	₹1.5 L/yr - ₹4.3 L/yr 9% more
MetLife Process Associate Salary 0 - 5 years exp. (23 salaries)	₹2.1 L/yr - ₹3.5 L/yr 13% more
Principal Global Services Process Associate Salary 1 - 8 years exp. (23 salaries)	₹2.5 L/yr - ₹6 L/yr 77% more
Shriram Life Insurance Process Associate Salary 0 - 5 years exp. (10 salaries)	₹1.5 L/yr - ₹2.5 L/yr 19% less
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ICICI Lombard General Insurance Company Process Associate Salary 0 - 6 years exp. (10 salaries)	₹1.8 L/yr - ₹3 L/yr 3% less
HDFC Ergo General Insurance Process Associate Salary 1 - 6 years exp. (7 salaries)	₹2.6 L/yr - ₹5 L/yr 27% more
Allianz Process Associate Salary 2 - 8 years exp. (6 salaries)	₹3.5 L/yr - ₹4.2 L/yr 55% more
AIG Process Associate Salary 1 - 4 years exp. (6 salaries)	₹3 L/yr - ₹4.5 L/yr 46% more
AON Global Insurance Brokers Process Associate Salary 1 - 4 years exp. (4 salaries)	₹1.5 L/yr - ₹2.4 L/yr 24% less
AXA Process Associate Salary 0 - 4 years exp. (4 salaries)	₹3 L/yr - ₹4.5 L/yr 43% more
Star Health & Allied Insurance Process Associate Salary 0 - 5 years exp. (4 salaries)	₹2.1 L/yr - ₹3.2 L/yr 3% more
Care Health Insurance Process Associate Salary 1 year exp. (3 salaries)	₹2.5 L/yr - ₹3 L/yr 6% more

Process Associate salary at SBI Life Insurance Company ranges between ₹1.2 Lakh to ₹3.5 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 12 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Process Associate salaries

Last Updated: 10 Oct 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.2 L/yr
2 years (AmbitionBox Estimate)	₹2 L/yr - ₹3.7 L/yr
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3 years (5 salaries)	₹2 L/yr - ₹2.4 L/yr
4 years (3 salaries)	₹1.1 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3 L/yr

Similar Designation salaries in SBI Life Insurance Company

Senior Associate Salary

(544 salaries)

₹2 L/yr - ₹6.8 L/yr

Senior Process Associate Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Account Assistant Salary

(4 salaries)

₹1.2 L/yr - ₹1.6 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Accounts Officer Salary

(AmbitionBox Estimate)

₹475 L/yr - ₹525 L/yr

Accountant Salary

(5 salaries)

₹6.22 L/yr - ₹10 L/yr

Finance Executive Salary

(5 salaries)

₹1.2 L/yr - ₹5.5 L/yr

Analyst Salary

(4 salaries)

₹4.2 L/yr - ₹7.95 L/yr

Accounting Staff Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Financial Analyst Salary

(5 salaries)

₹2 L/yr - ₹4.5 L/yr

Salary related reviews for SBI Life Insurance Company

2.8

Rated by 5 employees for salary & benefits

Management Trainee in Kolkata

Full Time

Sales & Business Development Department

3.0

• posted on 02 Nov 2023

4.0

for Salary and Benefits

Likes

Salary and benefits are supportive.

Salary - Good

+1 more

Dislikes

No work life balance. The sales team pushes things like hell specially in the eastern region of the country. Third Saturday is a leave according to the company's leave policies but we don't get that leave.

Skill development - Poor

+4 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

Senior Associate in Sultanpur

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.

Salary - Excellent

+6 more

Head Human Resources in New Delhi

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 02 Dec 2024

2.0

for Salary and Benefits

Likes

Hr policy is very good of sbi life but Regional HR is Doll of Regional Director and Regional. Sbi life is a good Company like Government job for Back office employees like sales support, Operations department, Account Department, L&D Department and all Non Sales Employees. For Sales person QVP is Good if you have Good Branches and CIF

Skill development - Good

+1 more

Dislikes

...e those persons who are working in other companies and switching multiple times. A New Employee can get salary more then those employees who are working here from last 8 Year. Due to state bank sbi life is working other there is no respect of sbi life. Promotion norm is very hard, Increment norms is very bed. Over all this company is only for Lucky person like if you got a great cif or branches a temporary staff can do business. Over all this is very bed company for sales person due to QVP people stay here if Company announced there is no QVP 80% of Employees will left this company.

Salary - Poor

+1 more

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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SBI Life Insurance Company Process Associate Salary FAQs

What is the salary of Process Associate at SBI Life Insurance Company?

Process Associate salary at SBI Life Insurance Company in India ranges between ₹1.2 Lakhs to ₹3.5 Lakhs for experience between 1 years to 5 years. According to our estimates it is 21% less than the average Process Associate Salary in India. Salary estimates are based on 12 latest salaries received from various employees of SBI Life Insurance Company India.

How does the salary of a Process Associate at SBI Life Insurance Company India compare with the average salary range for this job?

The average salary of a Process Associate at SBI Life Insurance Company is 21% less than the average salary of a Process Associate in India. To know exact salary insights, login to view.

Which similar companies are paying more than SBI Life Insurance Company to a Process Associate in India?

Principal Global Services Process Associate Salary - ₹2.5 Lakhs to ₹6.0 Lakhs per year
Allianz Process Associate Salary - ₹3.5 Lakhs to ₹4.2 Lakhs per year
AIG Process Associate Salary - ₹3.0 Lakhs to ₹4.5 Lakhs per year
Aditya Birla Sun Life Insurance Process Associate Salary - ₹2.6 Lakhs to ₹4.7 Lakhs per year
AXA Process Associate Salary - ₹3.0 Lakhs to ₹4.5 Lakhs per year

What is the salary of a Process Associate in companies similar to SBI Life Insurance Company in India?

ICICI Prudential Life Insurance Process Associate Salary - ₹2.5 Lakhs to ₹6.0 Lakhs per year
Bajaj Allianz Life Insurance Process Associate Salary - ₹1.2 Lakhs to ₹5.8 Lakhs per year
HDFC Ergo General Insurance Process Associate Salary - ₹2.6 Lakhs to ₹5.0 Lakhs per year
Gallagher Process Associate Salary - ₹1.1 Lakhs to ₹6.0 Lakhs per year
MetLife Process Associate Salary - ₹2.1 Lakhs to ₹3.5 Lakhs per year

What is the estimated take home salary of a Process Associate at SBI Life Insurance Company in India?

The estimated take-home salary of a Process Associate at SBI Life Insurance Company ranges between ₹17,574 per month to ₹19,273 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Process Associate salary in India which ranges between ₹1.2 Lakhs to ₹3.5 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Process Associate at SBI Life Insurance Company?

According to AmbitionBox, 60% of the SBI Life Insurance Company Process Associates reported a notice period of 15 days or less, 20% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Process Associate Salaries

SBI Life Insurance Company Process Associate salary in India ranges between ₹1.2 Lakh to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.