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SBI Life Insurance Company

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3.8

based on 3.7k Reviews

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Ranchi
BFSI, Investments & Trading

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SBI Life Insurance Company BFSI, Investments & Trading Department Salaries in Ranchi

based on 7 latest salaries
Designation Avg Annual Salary Open Jobs

SBI Life Insurance

5 - 7 years exp. · Ranchi (3 salaries)
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₹3 L/yr - ₹3.9 L/yr

Sales Officer

0 - 1 year exp. · Ranchi (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.1 L/yr

Assistant Area Manager

11 years exp. · Ranchi (AmbitionBox Estimate)
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₹7 L/yr - ₹7.5 L/yr

Divisional Sales Manager

16 years exp. · Ranchi (AmbitionBox Estimate)
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₹10 L/yr - ₹15.3 L/yr

Starting your career? Discover SBI Life Insurance Company fresher salaries in India

Last Updated: 2 Mar, 2024

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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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Salary related reviews for SBI Life Insurance Company

2.5

Rated by 7 employees for salary & benefits

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

Development Manager in Jhargram

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 18 Oct 2023
1.0
 for  Salary and Benefits

Likes

...R profile like a puppet.Every single decesion are managed by higher authorities. No work and life balance, salary are on time but no increment very pathetic salary structure. No self respect. No work time. No emotion . Daily pressure. Vary vary bad 😭

read more
  • Job security - Good
    • +1 more

Dislikes

Every thing Accept salary on time

  • Salary - Bad
    • +4 more

Development Manager in Chikkaballapur

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 05 Aug 2023
5.0
 for  Salary and Benefits

Likes

Good company banded n work culture is very good company provide salary before 31st to motivate employees

read more
  • Salary - Excellent
    • +4 more

Dislikes

As its a sales profile it involves pressure n one more thing us as v appoint advisors advisors won't work only DM should work n give benefits to the lm sone lms are only for fulfilling job criteria 90% LM job is going to be done by DM only

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Area Sales Manager in Vijayawada

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 05 Aug 2023
5.0
 for  Salary and Benefits

Likes

I am so Proud to say Working this organisation last 4years. i got a two promotions last two years.

  • Salary - Excellent
    • +6 more

Dislikes

I expecting Long time Vintage Employes Expect Minimum Salary hike. because Now a days out side companies giving a more salary hikes Vintage persons so Our Company giving a minimum hikes of Vintage Employes it will so benefit and no one live Our Company.

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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

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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
see more salary related reviews

SBI Life Insurance Company interview questions by designations

Business Development Manager (19)Senior Associate (10)Senior Business Development Executive (10)Senior Business Development Manager (9)
View all 216 interview experiences

Know more about SBI Life Insurance Company Ranchi

More about working at SBI Life Insurance Company

SBI Life Insurance Company Salary FAQs

How much does SBI Life Insurance Company pay per year?
The average SBI Life Insurance Company salary ranges from approximately ₹0.2 Lakh to ₹3 Lakhs per year for a Banking Assistant and ₹45 Lakhs to ₹1.1 Crore per year for a Senior Vice President. Salary estimates are based on 7 SBI Life Insurance Company salaries received from various employees of SBI Life Insurance Company. SBI Life Insurance Company employees rate the overall salary and benefits package 2.5/5 stars.
What is the highest salary in SBI Life Insurance Company?
The highest-paying job at SBI Life Insurance Company is a Senior Vice President with a salary of ₹45 Lakhs to ₹1.1 Crore per year. The top 10% of employees earn more than ₹12.55 lakhs per year. The top 1% earn more than a whopping ₹35.53 lakhs per year.
What is the minimum salary in SBI Life Insurance Company?
Minimum salary at SBI Life Insurance Company depends on the role you are applying for. For Associate the minimum salary is ₹1 Lakh to ₹4.5 Lakhs per year, and for Development Manager the minimum salary is ₹1.8 Lakh to ₹4.6 Lakhs per year and so on.
What is the salary package for freshers in SBI Life Insurance Company?
The average salary at SBI Life Insurance Company for freshers varies from ₹1 Lakh to ₹2 Lakhs per year for Telecaller and ₹5.5 Lakhs to ₹12 Lakhs per year for Assistant Manager.
What is the notice period at SBI Life Insurance Company in BFSI, Investments & Trading Department in Ranchi?
According to AmbitionBox, 58% of the SBI Life Insurance Company employees in BFSI, Investments & Trading Department in Ranchi reported a notice period of 1 Month, 16% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 19 responses on AmbitionBox in last 2 years.

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Average annual salary in BFSI, Investments & Trading department at SBI Life Insurance Company , Ranchi is INRunlock blur . Salary estimates are based on 7 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

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