SBI Life Insurance Company Quality Analyst Salaries by 4 Employees

3 - 7 years exp.

₹3.8 Lakhs - ₹4.5 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

13% less than the average Quality Analyst Salary in Insurance Companies for 3 - 7 years of experience

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Last Updated: 26 Nov 2023

Companies similar to SBI Life Insurance Company for Quality Analyst

Company name	Avg Annual Salary	Open Jobs
Gallagher Quality Analyst Salary 2 - 4 years exp. (111 salaries)	₹2.2 L/yr - ₹5.2 L/yr 15% less
ICICI Lombard General Insurance Company Quality Analyst Salary 2 - 9 years exp. (71 salaries)	₹2 L/yr - ₹6.8 L/yr 4% less
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Principal Global Services Quality Analyst Salary 1 - 4 years exp. (37 salaries)	₹3 L/yr - ₹8 L/yr 8% less
HDFC Ergo General Insurance Quality Analyst Salary 0 - 4 years exp. (21 salaries)	₹1.9 L/yr - ₹4.6 L/yr 25% less
Shriram Life Insurance Quality Analyst Salary 2 - 9 years exp. (18 salaries)	₹2.5 L/yr - ₹4.8 L/yr 22% less
Axis Max Life Insurance Quality Analyst Salary 1 - 8 years exp. (12 salaries)	₹2.6 L/yr - ₹4.5 L/yr 8% less
Star Health & Allied Insurance Quality Analyst Salary 2 - 7 years exp. (10 salaries)	₹2.7 L/yr - ₹4.5 L/yr 18% less	1 job opening
Aditya Birla Sun Life Insurance Quality Analyst Salary 0 - 1 year exp. (8 salaries)	₹3 L/yr - ₹3.3 L/yr 25% less
MetLife Quality Analyst Salary 6 - 9 years exp. (6 salaries)	₹4.1 L/yr - ₹6 L/yr 12% more
Bajaj Allianz Life Insurance Quality Analyst Salary 0 - 9 years exp. (7 salaries)	₹1.8 L/yr - ₹6.2 L/yr 1% more
Allianz Quality Analyst Salary 1 - 3 years exp. (6 salaries)	₹2.5 L/yr - ₹3.8 L/yr 24% less
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Kotak Mahindara Life Insurance Quality Analyst Salary 3 - 8 years exp. (6 salaries)	₹3.9 L/yr - ₹5.2 L/yr 7% more
ICICI Prudential Life Insurance Quality Analyst Salary 1 - 4 years exp. (5 salaries)	₹3.8 L/yr - ₹4.2 L/yr 7% less
Bajaj Allianz General Insurance Quality Analyst Salary 0 - 12 years exp. (5 salaries)	₹2 L/yr - ₹6 L/yr 13% less
Tata AIA Life Insurance Quality Analyst Salary 1 - 5 years exp. (4 salaries)	₹2.1 L/yr - ₹4.5 L/yr 28% less
SBI General Insurance Quality Analyst Salary 2 - 10 years exp. (4 salaries)	₹2.5 L/yr - ₹5.1 L/yr 20% less
Aditya Birla Health Insurance Co Quality Analyst Salary 3 - 7 years exp. (4 salaries)	₹5.3 L/yr - ₹7.4 L/yr 52% more
First American Title Quality Analyst Salary 2 - 8 years exp. (3 salaries)	₹2.2 L/yr - ₹4.5 L/yr 19% less
Reliance Nippon Life Insurance Quality Analyst Salary 7 - 10 years exp. (3 salaries)	₹1.4 L/yr - ₹3.5 L/yr 36% less

Quality Analyst salary at SBI Life Insurance Company ranges between ₹3.8 Lakhs to ₹4.5 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Quality Analyst salaries

Last Updated: 26 Nov 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
4 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
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5 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
6 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr

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Salary related reviews for SBI Life Insurance Company

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5.0

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Business Development Manager in Deoghar

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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.

Salary - Poor

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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.

Salary - Bad

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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SBI Life Insurance Company Quality Analyst Salary FAQs

What is the salary of Quality Analyst at SBI Life Insurance Company ?

The average salary of a Quality Analyst at SBI Life Insurance Company in India typically ranges from ₹3.8 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 3 years to 7 years).

The top 10% of Quality Analyst at SBI Life Insurance Company earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Quality Analyst 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 4 SBI Life Insurance Company employees in India.

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

The estimated take-home salary of a Quality Analyst at SBI Life Insurance Company in India typically ranges from ₹30,412 to ₹31,720 per month. This is based on the average salary range of ₹3.8 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 3 years to 7 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 4 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 Quality Analyst in India?

Aditya Birla Health Insurance Co	₹5.3 Lakhs to ₹7.4 Lakhs per year
MetLife	₹4.1 Lakhs to ₹6.0 Lakhs per year
Kotak Mahindara Life Insurance	₹3.9 Lakhs to ₹5.2 Lakhs per year
Bajaj Allianz Life Insurance	₹1.8 Lakhs to ₹6.2 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 Quality Analyst in companies similar to SBI Life Insurance Company in India?

The salary of a Quality Analyst 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:

ICICI Lombard General Insurance Company	₹2.0 Lakhs to ₹6.8 Lakhs per year
ICICI Prudential Life Insurance	₹3.8 Lakhs to ₹4.2 Lakhs per year
Principal Global Services	₹3.0 Lakhs to ₹8.0 Lakhs per year
Axis Max Life Insurance	₹2.6 Lakhs to ₹4.5 Lakhs per year
Bajaj Allianz General Insurance	₹2.0 Lakhs to ₹6.0 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 Quality Analyst at SBI Life Insurance Company in India?

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

Experience	Average Salary Range
3 years	₹3.9 Lakhs to ₹5.0 Lakhs per year
4 years	₹3.8 Lakhs to ₹4.9 Lakhs per year
5 years	₹3.7 Lakhs to ₹4.7 Lakhs per year
6 years	₹3.6 Lakhs to ₹4.6 Lakhs per year

and so on.

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SBI Life Insurance Company Quality Analyst Salaries

SBI Life Insurance Company Quality Analyst salary in India ranges between ₹3.8 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.