Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary19% less than the average Relationship Manager Salary in Insurance Companies for 0 - 10 years of experience
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Salaries in different departments
BFSI, Investments & Trading
Relationship Manager Salary
2 - 10
years
exp.
(20
salaries)
|  ₹2.5 L/yr - ₹5.1 L/yr |
Sales & Business Development
Relationship Manager Salary
0 - 10
years
exp.
(12
salaries)
| ₹2.5 L/yr - ₹6 L/yr |
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| |
Marketing & Communication
Relationship Manager Salary
5 - 10
years
exp.
(5
salaries)
| ₹3.8 L/yr - ₹5.8 L/yr |
Customer Success, Service & Operations
Relationship Manager Salary
0 - 6
years
exp.
(4
salaries)
| ₹2.5 L/yr - ₹4.2 L/yr |
Finance & Accounting
Relationship Manager Salary
1 - 6
years
exp.
(3
salaries)
| ₹3.6 L/yr - ₹4 L/yr |
Companies similar to SBI Life Insurance Company for Relationship Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 PNB MetLife Relationship Manager Salary
0 - 12 years exp. (1.2k salaries) | ₹2.1 L/yr - ₹4.7 L/yr 
10%
less | 150 job openings |
 Tata AIA Life Insurance Relationship Manager Salary
0 - 10 years exp. (1.1k salaries) | ₹1.8 L/yr - ₹5.6 L/yr
1%
less | 71 job openings |
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| ||
 Bajaj Allianz Life Insurance Relationship Manager Salary
0 - 10 years exp. (761 salaries) | ₹1.6 L/yr - ₹5 L/yr
18%
less | 24 job openings |
 HDFC Life Relationship Manager Salary
0 - 8 years exp. (560 salaries) | ₹1.7 L/yr - ₹5 L/yr
14%
less | 2 job openings |
 Axis Max Life Insurance Relationship Manager Salary
0 - 10 years exp. (499 salaries) | ₹1.1 L/yr - ₹7 L/yr 
14%
more | 5 job openings |
 ICICI Prudential Life Insurance Relationship Manager Salary
0 - 7 years exp. (339 salaries) | ₹1.9 L/yr - ₹7 L/yr
10%
more | |
 ICICI Lombard General Insurance Company Relationship Manager Salary
0 - 12 years exp. (327 salaries) | ₹2.3 L/yr - ₹8.6 L/yr
14%
more | 2 job openings |
 Star Health & Allied Insurance Relationship Manager Salary
0 - 7 years exp. (277 salaries) | ₹1.5 L/yr - ₹4.5 L/yr
20%
less | |
 Aditya Birla Sun Life Insurance Relationship Manager Salary
0 - 6 years exp. (239 salaries) | ₹1.7 L/yr - ₹5.5 L/yr
8%
less | |
 Bajaj Allianz General Insurance Relationship Manager Salary
0 - 10 years exp. (230 salaries) | ₹1.7 L/yr - ₹6.3 L/yr
2%
less | 35 job openings |
 Reliance Nippon Life Insurance Relationship Manager Salary
0 - 11 years exp. (213 salaries) | ₹1.7 L/yr - ₹5 L/yr
12%
less | |
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| ||
 Kotak Mahindara Life Insurance Relationship Manager Salary
0 - 7 years exp. (164 salaries) | ₹2 L/yr - ₹7 L/yr
13%
less | 16 job openings |
 SBI General Insurance Relationship Manager Salary
1 - 9 years exp. (203 salaries) | ₹1.8 L/yr - ₹6.6 L/yr
15%
less | |
 Aditya Birla Health Insurance Co Relationship Manager Salary
0 - 7 years exp. (184 salaries) | ₹2.1 L/yr - ₹8.5 L/yr
15%
more | |
 Shriram Life Insurance Relationship Manager Salary
0 - 7 years exp. (105 salaries) | ₹1.8 L/yr - ₹6.3 L/yr At par | |
 HDFC Ergo General Insurance Relationship Manager Salary
2 - 8 years exp. (82 salaries) | ₹2 L/yr - ₹6 L/yr
7%
less | |
 MetLife Relationship Manager Salary
2 - 7 years exp. (8 salaries) | ₹3.3 L/yr - ₹3.9 L/yr
14%
less | |
 Life Insurance Corporation of India Relationship Manager Salary
0 - 5 years exp. (6 salaries) | ₹2.2 L/yr - ₹5 L/yr
3%
less | |
 Marsh Relationship Manager Salary
3 - 6 years exp. (5 salaries) | ₹13.1 L/yr - ₹17 L/yr
238%
more | |
 The Oriental Insurance Co. Relationship Manager Salary
7 - 8 years exp. (3 salaries) | ₹30 L/yr - ₹36 L/yr
734%
more | |
Latest annual salaries shared by SBI Life Insurance Company Relationship Manager
Experience wise SBI Life Insurance Company Relationship Manager salaries
Last Updated: 19 Mar 2025
| Experience | Avg Annual Salary |
|---|---|
| Fresher (5 salaries) |
₹2.5
L/yr
- ₹4.5
L/yr
|
| 1 year (AmbitionBox Estimate) |
₹2.5
L/yr
- ₹4
L/yr
|
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| |
| 2 years (6 salaries) |
₹2.5
L/yr
- ₹4.5
L/yr
|
| 3 years (4 salaries) |
₹3
L/yr
- ₹5
L/yr
|
| 4 years (10 salaries) |
₹3
L/yr
- ₹5
L/yr
|
Similar Designation salaries in SBI Life Insurance Company
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SBI Life Insurance Company Relationship Manager Salary FAQs
The top 10% of Relationship Manager at SBI Life Insurance Company earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Relationship Manager 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 60+ SBI Life Insurance Company employees in India.
| The Oriental Insurance Co. | ₹30.0 Lakhs to ₹36.0 Lakhs per year |
| Marsh | ₹13.1 Lakhs to ₹17.0 Lakhs per year |
| Aditya Birla Health Insurance Co | ₹2.1 Lakhs to ₹8.5 Lakhs per year |
| Axis Max Life Insurance | ₹1.1 Lakhs to ₹7.0 Lakhs per year |
| ICICI Lombard General Insurance Company | ₹2.3 Lakhs to ₹8.6 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.
| ICICI Prudential Life Insurance | ₹1.9 Lakhs to ₹7.0 Lakhs per year |
| Shriram Life Insurance | ₹1.8 Lakhs to ₹6.3 Lakhs per year |
| Tata AIA Life Insurance | ₹1.8 Lakhs to ₹5.6 Lakhs per year |
| Bajaj Allianz General Insurance | ₹1.7 Lakhs to ₹6.3 Lakhs per year |
| Life Insurance Corporation of India | ₹2.2 Lakhs to ₹5.0 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.
| Experience | Average Salary Range |
|---|---|
| Fresher | ₹2.5 Lakhs to ₹4.5 Lakhs per year |
| 1 year | ₹2.5 Lakhs to ₹4.0 Lakhs per year |
| 2 years | ₹2.5 Lakhs to ₹4.5 Lakhs per year |
| 3 years | ₹3.0 Lakhs to ₹5.0 Lakhs per year |
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SBI Life Insurance Company Relationship Manager Salaries by Location
- SBI Life Insurance Company Relationship Manager salaries in New Delhi
- SBI Life Insurance Company Relationship Manager salaries in Mumbai
- SBI Life Insurance Company Relationship Manager salaries in Patna
- SBI Life Insurance Company Relationship Manager salaries in Hyderabad / Secunderabad
- SBI Life Insurance Company Relationship Manager salaries in Thiruvananthapuram
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SBI Life Insurance Company Relationship Manager salary
in
India
ranges between ₹2.5
Lakhs to ₹6
Lakhs with an average annual salary of
₹. Salary estimates are based on
61
SBI Life Insurance Company latest salaries received from various employees of
SBI Life Insurance Company.