SBI Life Insurance Company Regional Sales Manager Salaries by 4 Employees (Updated 2024)

1 - 4 years exp.

₹3.7 Lakhs - ₹4 Lakhs

Low Confidence

Salary of majority employees

76% less than the average Regional Sales Manager Salary in Insurance Companies for 1 - 4 years of experience

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Salaries in different departments

Customer Success, Service & Operations Regional Sales Manager Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.1 L/yr
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Finance & Accounting Regional Sales Manager Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr

Last Updated: 1 Dec 2024

Companies similar to SBI Life Insurance Company for Regional Sales Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Regional Sales Manager Salary 2 - 15 years exp. (10 salaries)	₹8 L/yr - ₹20.5 L/yr 269% more
HDFC Life Regional Sales Manager Salary 7 - 20 years exp. (5 salaries)	₹7.1 L/yr - ₹29 L/yr 333% more
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Max Life Insurance Regional Sales Manager Salary 10 - 24 years exp. (6 salaries)	₹11.8 L/yr - ₹28 L/yr 336% more
Bajaj Allianz Life Insurance Regional Sales Manager Salary 10 - 17 years exp. (14 salaries)	₹12.5 L/yr - ₹20.1 L/yr 279% more
Kotak Mahindara Life Insurance Regional Sales Manager Salary 7 - 15 years exp. (9 salaries)	₹6 L/yr - ₹13 L/yr 145% more
Reliance Nippon Life Insurance Regional Sales Manager Salary 9 - 24 years exp. (5 salaries)	₹10 L/yr - ₹22.3 L/yr 307% more
Tata AIA Life Insurance Regional Sales Manager Salary 14 - 19 years exp. (41 salaries)	₹8.5 L/yr - ₹28 L/yr 436% more	1 job opening
Aditya Birla Sun Life Insurance Regional Sales Manager Salary 12 - 20 years exp. (44 salaries)	₹9 L/yr - ₹25.2 L/yr 371% more
PNB MetLife Regional Sales Manager Salary 9 - 16 years exp. (11 salaries)	₹12.5 L/yr - ₹20 L/yr 286% more
SBI General Insurance Regional Sales Manager Salary 14 - 22 years exp. (45 salaries)	₹11 L/yr - ₹29.5 L/yr 487% more
HDFC Ergo General Insurance Regional Sales Manager Salary 11 - 21 years exp. (33 salaries)	₹8 L/yr - ₹18.8 L/yr 311% more
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Aditya Birla Health Insurance Co Regional Sales Manager Salary 9 - 20 years exp. (33 salaries)	₹13 L/yr - ₹27 L/yr 358% more
ICICI Lombard General Insurance Company Regional Sales Manager Salary 8 - 18 years exp. (13 salaries)	₹9 L/yr - ₹19 L/yr 246% more
Star Health & Allied Insurance Regional Sales Manager Salary 12 - 20 years exp. (9 salaries)	₹12 L/yr - ₹22.5 L/yr 351% more
Shriram Life Insurance Regional Sales Manager Salary 12 - 20 years exp. (5 salaries)	₹9 L/yr - ₹15 L/yr 216% more
Care Health Insurance Regional Sales Manager Salary 0 - 9 years exp. (4 salaries)	₹2.4 L/yr - ₹5.8 L/yr 16% more

Regional Sales Manager salary at SBI Life Insurance Company ranges between ₹3.7 Lakhs to ₹4 Lakhs per year for employees with experience between 1 year to 4 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 Sales Manager salaries

Last Updated: 1 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4 L/yr - ₹4 L/yr
2 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4 L/yr
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3 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹6.9 L/yr
4 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹6.7 L/yr

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Salary related reviews for SBI Life Insurance Company

5.0

Rated by 2 employees for salary & benefits

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.

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.

Senior Business Development Executive in Ongole

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 09 Jun 2023

2.0

for Salary and Benefits

Likes

No positive to tell company not good salary not good supporting staff.

Dislikes

Treating very cheap to front line employees(Field workers).and also no support to superior s.. always blamed for front line employees.

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

Senior Business Development Manager in Katni

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 20 Apr 2022

2.0

for Salary and Benefits

Likes

Best brand in insurance sector..well known..

Dislikes

Salary is low as per targets given by company..incentives are good but company has to think for good salary as well.. Products is not up to the mark as per market competition.

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.

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.

see more salary related reviews

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a technical project manager

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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 Sales Manager Salary FAQs

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

Regional Sales Manager salary at SBI Life Insurance Company in India ranges between ₹3.7 Lakhs to ₹4.0 Lakhs for experience between 1 years to 4 years. According to our estimates it is 76% less than the average Regional Sales 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 Regional Sales Manager at SBI Life Insurance Company India compare with the average salary range for this job?

The average salary of a Regional Sales Manager at SBI Life Insurance Company is 76% less than the average salary of a Regional Sales 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 Sales Manager in India?

SBI General Insurance Regional Sales Manager Salary - ₹11.0 Lakhs to ₹29.5 Lakhs per year
Tata AIA Life Insurance Regional Sales Manager Salary - ₹8.5 Lakhs to ₹28.0 Lakhs per year
Aditya Birla Sun Life Insurance Regional Sales Manager Salary - ₹9.0 Lakhs to ₹25.2 Lakhs per year
Aditya Birla Health Insurance Co Regional Sales Manager Salary - ₹13.0 Lakhs to ₹27.0 Lakhs per year
Star Health & Allied Insurance Regional Sales Manager Salary - ₹12.0 Lakhs to ₹22.5 Lakhs per year

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

Max Life Insurance Regional Sales Manager Salary - ₹11.8 Lakhs to ₹28.0 Lakhs per year
HDFC Life Regional Sales Manager Salary - ₹7.1 Lakhs to ₹29.0 Lakhs per year
HDFC Ergo General Insurance Regional Sales Manager Salary - ₹8.0 Lakhs to ₹18.8 Lakhs per year
Reliance Nippon Life Insurance Regional Sales Manager Salary - ₹10.0 Lakhs to ₹22.3 Lakhs per year
PNB MetLife Regional Sales Manager Salary - ₹12.5 Lakhs to ₹20.0 Lakhs per year

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

The estimated take-home salary of a Regional Sales Manager at SBI Life Insurance Company ranges between ₹28,594 per month to ₹29,980 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Regional Sales Manager salary in India which ranges between ₹3.7 Lakhs to ₹4.0 Lakhs per year for employees with experience between 1 years to 4 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 67% of the SBI Life Insurance Company Regional Sales Manager s reported a notice period of 15 days or less, 33% reported a notice period of 1 Month.This is based on 6 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Regional Sales Manager Salaries

SBI Life Insurance Company Regional Sales Manager salary in India ranges between ₹3.7 Lakhs to ₹4 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.