SBI Life Insurance Company Regional Risk Manager Salaries by 5 Employees (Updated 2024)

7 - 16 years exp.

₹11.7 Lakhs - ₹16 Lakhs

Low Confidence

Salary of majority employees

19% more than the average Regional Risk Manager Salary in Insurance Companies for 7 - 16 years of experience

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Last Updated: 11 Oct 2024

Companies similar to SBI Life Insurance Company for Regional Risk Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Regional Risk Manager Salary 8 - 19 years exp. (66 salaries)	₹4.5 L/yr - ₹17.4 L/yr 17% less
L&T Finance Regional Risk Manager Salary 8 - 15 years exp. (18 salaries)	₹13 L/yr - ₹24.5 L/yr 44% more
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Svatantra Microfin Regional Risk Manager Salary 2 - 10 years exp. (14 salaries)	₹4 L/yr - ₹6.5 L/yr 56% less
Kotak Mahindra Bank Regional Risk Manager Salary 13 - 20 years exp. (6 salaries)	₹8.5 L/yr - ₹25 L/yr 32% more
Piramal Capital Housing Finance Regional Risk Manager Salary 16 - 27 years exp. (6 salaries)	₹12.8 L/yr - ₹24 L/yr 50% more

Regional Risk Manager salary at SBI Life Insurance Company ranges between ₹11.7 Lakhs to ₹16 Lakhs per year for employees with experience between 7 years to 16 years. Salary estimates are based on 5 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Regional Risk Manager salaries

Last Updated: 11 Oct 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹11.7 L/yr - ₹21.5 L/yr
8 years (AmbitionBox Estimate)	₹11.7 L/yr - ₹21.5 L/yr
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9 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
10 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
11 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
12 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.7 L/yr
13 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.7 L/yr
14 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹14 L/yr
15+ years (AmbitionBox Estimate)	₹4.8 L/yr - ₹16 L/yr

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Salary related reviews for SBI Life Insurance Company

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.

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is very slow

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

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.

Branch Manager in Kumta

BFSI, Investments & Trading Department

3.0

• posted on 18 Jun 2020

3.0

for Salary and Benefits

Likes

Salary hike 3 to 5 % per year.Providing petrol exp and telephone exp based on cader.

Dislikes

Lot of politics, no HR Control , career growth is slow, induction training will not conducted in proper time. No value and respect for out Commer. High volume pressure on target and mental irritation. No any value addition from reporting manager.

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.

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.

see more salary related reviews

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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SBI Life Insurance Company Regional Risk Manager Salary FAQs

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

Regional Risk Manager salary at SBI Life Insurance Company in India ranges between ₹11.7 Lakhs to ₹16.0 Lakhs for experience between 7 years to 16 years. According to our estimates it is 19% more than the average Regional Risk Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of SBI Life Insurance Company India.

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

The average salary of a Regional Risk Manager at SBI Life Insurance Company is 19% more than the average salary of a Regional Risk Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than SBI Life Insurance Company to a Regional Risk Manager in India?

Piramal Capital Housing Finance Regional Risk Manager Salary - ₹12.8 Lakhs to ₹24.0 Lakhs per year
L&T Finance Regional Risk Manager Salary - ₹13.0 Lakhs to ₹24.5 Lakhs per year
Kotak Mahindra Bank Regional Risk Manager Salary - ₹8.5 Lakhs to ₹25.0 Lakhs per year

What is the salary of a Regional Risk Manager in companies similar to SBI Life Insurance Company in India?

ICICI Bank Regional Risk Manager Salary - ₹4.5 Lakhs to ₹17.4 Lakhs per year
Svatantra Microfin Regional Risk Manager Salary - ₹4.0 Lakhs to ₹6.5 Lakhs per year

What is the estimated take home salary of a Regional Risk Manager at SBI Life Insurance Company in India?

The estimated take-home salary of a Regional Risk Manager at SBI Life Insurance Company ranges between ₹85,063 per month to ₹87,289 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Regional Risk Manager salary in India which ranges between ₹11.7 Lakhs to ₹16.0 Lakhs per year for employees with experience between 7 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Regional Risk Manager at SBI Life Insurance Company?

According to AmbitionBox, 71% of the SBI Life Insurance Company Regional Risk Managers reported a notice period of 3 Months, 29% reported a notice period of 1 Month.This is based on 7 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Regional Risk Manager Salaries

SBI Life Insurance Company Regional Risk Manager salary in India ranges between ₹11.7 Lakhs to ₹16 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.