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SBI Life Insurance Company

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3.8

based on 3.7k Reviews

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SBI Life Insurance Company Product Development Manager salaries in India

Annual salary range
3 - 5 years exp.
₹2.5 Lakhs - ₹4.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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86% less than the average Product Development Manager Salary in Insurance Companies for 3 - 5 years of experience

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Last Updated: 10 Mar 2023

Companies similar to SBI Life Insurance Company for Product Development Manager

Company name Avg Annual Salary Open Jobs
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Max Life Insurance Product Development Manager Salary

5 - 6 years exp. (3 salaries)
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₹3.5 L/yr - ₹14 L/yr

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Bajaj Allianz Life Insurance Product Development Manager Salary

3 - 16 years exp. (3 salaries)
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₹9 L/yr - ₹11.6 L/yr

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PNB MetLife Product Development Manager Salary

6 - 9 years exp. (3 salaries)
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₹11 L/yr - ₹14.8 L/yr

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Care Health Insurance Product Development Manager Salary

0 - 6 years exp. (6 salaries)
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₹3.3 L/yr - ₹11.1 L/yr

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HDFC Ergo General Insurance Product Development Manager Salary

2 - 4 years exp. (5 salaries)
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₹10.5 L/yr - ₹12 L/yr

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Product Development Manager salary at SBI Life Insurance Company ranges between ₹2.5 Lakhs to ₹4.5 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Product Development Manager

1y ago
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4 years exp.

Experience wise SBI Life Insurance Company Product Development Manager salaries

Last Updated: 10 Mar 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹5.3 L/yr
4 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹5.8 L/yr

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₹2 L/yr - ₹4.3 L/yr
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₹1.5 L/yr - ₹4.5 L/yr
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₹2.35 L/yr - ₹5.2 L/yr
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₹1 L/yr - ₹4.7 L/yr

Salary related reviews for SBI Life Insurance Company

Sales Support Associate in Kishanganj

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 17 Jan 2024
1.0
 for  Salary and Benefits

Likes

Even though the salary in this company is very less as per the work, the salary is paid on time.

read more

Dislikes

In today's times, it is important to work to support my family properly, hence I give my 100% to this company so that someday my salary will increase but after working for more than 1 year, I am realizing that It is very difficult to move forward, here we have to work till late night due to which we are not able to give time to our family, and even after doing so much work, we get very low salary so that I cannot support my family properly. I don't know how to do it, even after working for more than 14 hours every day, I don't get any bonus also.

read more
  • Salary - Bad
    • +4 more

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.

read more
  • Skill development - Poor
    • +4 more

Business Development Executive in Gangtok

Full Time

 · 

Marketing & Communication Department

4.0
  •  posted on 13 Sep 2023
5.0
 for  Salary and Benefits

Likes

very good company with good oppurtunities and good pay

  • Salary - Excellent
    • +4 more

Dislikes

management is not so good,specially our managers always threatning for resign and salary hold.company needs to fix this kind of problems for their employee to work with full motivation

read more
  • Job security - Poor

BDM in Salem

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 06 Nov 2023
1.0
 for  Salary and Benefits

Likes

...east HRs are doing basic work means many candidates carrier will not get spoil. My only suggestion for HRs in SBI life is please do the basic job for the salary what you are earning if not means don't purchase food or groceries for their family in that salary money

read more

Dislikes

Manager , Management, HR in India Bank bancassurance channel if anyone joins in SBI life means carrier will lost. Please ask those who are currently working in SBI life too

read more
  • 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.

read more
  • 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

read more
  • Work satisfaction - Poor
    • +2 more
see more salary related reviews

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fathersahaab
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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 Product Development Manager Salary FAQs

What is the salary of Product Development Manager at SBI Life Insurance Company?
Product Development Manager salary at SBI Life Insurance Company in India ranges between ₹2.5 Lakhs to ₹4.5 Lakhs for experience between 3 years to 5 years. According to our estimates it is 86% less than the average Product Development Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of SBI Life Insurance Company India.
How does the salary of a Product Development Manager at SBI Life Insurance Company India compare with the average salary range for this job?
The average salary of a Product Development Manager at SBI Life Insurance Company is 86% less than the average salary of a Product Development Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than SBI Life Insurance Company to a Product Development Manager in India?
  • PNB MetLife Product Development Manager Salary - ₹11.0 Lakhs to ₹14.8 Lakhs per year
  • HDFC Ergo General Insurance Product Development Manager Salary - ₹10.5 Lakhs to ₹12.0 Lakhs per year
  • Max Life Insurance Product Development Manager Salary - ₹3.5 Lakhs to ₹14.0 Lakhs per year
  • Bajaj Allianz Life Insurance Product Development Manager Salary - ₹9.0 Lakhs to ₹11.6 Lakhs per year
  • Care Health Insurance Product Development Manager Salary - ₹3.3 Lakhs to ₹11.1 Lakhs per year
What is the estimated take home salary of a Product Development Manager at SBI Life Insurance Company in India?
The estimated take-home salary of a Product Development Manager at SBI Life Insurance Company ranges between ₹22,211 per month to ₹23,691 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Product Development Manager salary in India which ranges between ₹2.5 Lakhs to ₹4.5 Lakhs per year for employees with experience between 3 years to 5 years. Check how did we calculate take home salary?

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SBI Life Insurance Company Product Development Manager salary in India ranges between ₹2.5 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.