SBI Life Insurance Company Regional Head Salaries by 4 Employees

10 - 16 years exp.

₹10 Lakhs - ₹12 Lakhs

Low Confidence

Salary of majority employees

Fixed (85%)

₹9.3 Lakhs

Variable (15%)

₹1.6 Lakh

55% less than the average Regional Head Salary in Insurance Companies for 10 - 16 years of experience

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Last Updated: 30 Dec 2024

Companies similar to SBI Life Insurance Company for Regional Head

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance Regional Head Salary 13 - 23 years exp. (100 salaries)	₹12.4 L/yr - ₹28.8 L/yr 82% more
HDFC Life Regional Head Salary 17 - 21 years exp. (33 salaries)	₹16 L/yr - ₹35 L/yr 146% more
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PNB MetLife Regional Head Salary 15 - 20 years exp. (25 salaries)	₹16 L/yr - ₹31 L/yr 131% more
Bajaj Allianz General Insurance Regional Head Salary 10 - 22 years exp. (23 salaries)	₹13 L/yr - ₹36.7 L/yr 94% more	2 job openings
Axis Max Life Insurance Regional Head Salary 7 - 22 years exp. (18 salaries)	₹9.2 L/yr - ₹32.2 L/yr 75% more
Tata AIA Life Insurance Regional Head Salary 10 - 20 years exp. (11 salaries)	₹9 L/yr - ₹23.8 L/yr 40% more
Reliance Nippon Life Insurance Regional Head Salary 15 - 21 years exp. (9 salaries)	₹18.5 L/yr - ₹25 L/yr 87% more
Aditya Birla Health Insurance Co Regional Head Salary 16 - 22 years exp. (8 salaries)	₹18 L/yr - ₹29.1 L/yr 131% more
Shriram Life Insurance Regional Head Salary 6 - 32 years exp. (7 salaries)	₹12.5 L/yr - ₹15 L/yr 35% more
Aditya Birla Sun Life Insurance Regional Head Salary 8 - 20 years exp. (7 salaries)	₹12 L/yr - ₹23 L/yr 62% more
Star Health & Allied Insurance Regional Head Salary 16 - 20 years exp. (7 salaries)	₹20.3 L/yr - ₹33.9 L/yr 156% more
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ICICI Prudential Life Insurance Regional Head Salary 19 - 24 years exp. (5 salaries)	₹21 L/yr - ₹30 L/yr 105% more
HDFC Ergo General Insurance Regional Head Salary 8 - 18 years exp. (5 salaries)	₹12 L/yr - ₹21 L/yr 47% more
ICICI Lombard General Insurance Company Regional Head Salary 11 - 15 years exp. (4 salaries)	₹14 L/yr - ₹25.8 L/yr 91% more
Kotak Mahindara Life Insurance Regional Head Salary 17 - 20 years exp. (4 salaries)	₹23 L/yr - ₹26.5 L/yr 112% more

Regional Head salary at SBI Life Insurance Company ranges between ₹10 Lakhs to ₹12 Lakhs per year for employees with experience between 10 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Regional Head salaries

Last Updated: 30 Dec 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹10 L/yr - ₹18.4 L/yr
11 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12 L/yr
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12 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.2 L/yr
13 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹12.5 L/yr
14 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹12 L/yr
15+ years (AmbitionBox Estimate)	₹10.8 L/yr - ₹20.5 L/yr

View all

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Salary related reviews for SBI Life Insurance Company

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.

Business Development Manager in Rajkot

Full Time

Sales & Business Development Department

3.0

• posted on 01 Feb 2023

2.0

for Salary and Benefits

Likes

Company culture is very bad only pressure nothing or

Dislikes

Official working days me bhi office bulate hain aur bill pay nahi karte hain personal life jaish kuchh nahi rehta hain aur morning 7:00am zoom start kar dete hain

Salary - Poor

+6 more

Business Development Manager in Jaipur

Full Time

Sels Department

5.0

• posted on 12 Apr 2021

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 good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Business Development Manager in Work Form Bank And Field

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 25 Sep 2023

1.0

for Salary and Benefits

Likes

Only Job Security,

Job security - Good

Dislikes

...hear from long time. Only due to not get any increment I have left the job..... You will hire new persons on higher package but you won't retain ur old employes on giving them some litter bit hike or increment. My humble request to you that plz take care of your old employes who are working on lower package or CTC, from long time...plz don't force them to leave the job due to lower Package... And plz start Rehiring. Lots of old employes are ready to work with sbilife Again.🙏

Salary - Bad

+3 more

Business Development Manager in Bangalore / Bengaluru

Sales Department

1.0

• posted on 12 May 2022

5.0

for Salary and Benefits

Likes

Salary before month end Brand Reputation

Salary - Excellent

+1 more

Dislikes

No personal life satisfaction Terrible AM behavior No felicitation No recognition Poor plans and costly Pressure will come like he'll If channel partners not supported even though we've to do business.. Less customer service at channel partner

Skill development - Poor

+2 more

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Shifting from Bangalore to Hyderabad

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SBI Life Insurance Company Regional Head Salary FAQs

What is the salary of Regional Head at SBI Life Insurance Company ?

The average salary of a Regional Head at SBI Life Insurance Company in India typically ranges from ₹10.0 Lakhs to ₹12.0 Lakhs per year, depending on experience (from 10 years to 16 years).

The top 10% of Regional Head at SBI Life Insurance Company earn more than ₹12.0 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. Regional Head 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 Regional Head at SBI Life Insurance Company in India?

The estimated take-home salary of a Regional Head at SBI Life Insurance Company in India typically ranges from ₹77,856 to ₹79,878 per month. This is based on the average salary range of ₹10.0 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from 10 years to 16 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 Regional Head in India?

Star Health & Allied Insurance	₹20.3 Lakhs to ₹33.9 Lakhs per year
HDFC Life	₹16.0 Lakhs to ₹35.0 Lakhs per year
PNB MetLife	₹16.0 Lakhs to ₹31.0 Lakhs per year
Aditya Birla Health Insurance Co	₹18.0 Lakhs to ₹29.1 Lakhs per year
Kotak Mahindara Life Insurance	₹23.0 Lakhs to ₹26.5 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 Regional Head in companies similar to SBI Life Insurance Company in India?

The salary of a Regional Head 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 Prudential Life Insurance	₹21.0 Lakhs to ₹30.0 Lakhs per year
Bajaj Allianz General Insurance	₹13.0 Lakhs to ₹36.7 Lakhs per year
ICICI Lombard General Insurance Company	₹14.0 Lakhs to ₹25.8 Lakhs per year
Reliance Nippon Life Insurance	₹18.5 Lakhs to ₹25.0 Lakhs per year
Bajaj Allianz Life Insurance	₹12.4 Lakhs to ₹28.8 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 Regional Head at SBI Life Insurance Company in India?

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

Experience	Average Salary Range
10 years	₹10.0 Lakhs to ₹18.4 Lakhs per year
11 years	₹9.4 Lakhs to ₹12.0 Lakhs per year
12 years	₹9.6 Lakhs to ₹12.2 Lakhs per year
13 years	₹9.8 Lakhs to ₹12.5 Lakhs per year

and so on.

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SBI Life Insurance Company Regional Head Salaries

SBI Life Insurance Company Regional Head salary in India ranges between ₹10 Lakhs to ₹12 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.