Monthly In-hand Salary
22% less than the average Relationship Manager Salary in Insurance Companies for 2 - 6 years of experience
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Salaries in different departments
Marketing & Communication
Relationship Manager Salary
5 - 6
years
exp.
(AmbitionBox Estimate)
|  ₹3.8 L/yr - ₹5.2 L/yr |
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| |
Sales & Business Development
Relationship Manager Salary
4
years
exp.
(AmbitionBox Estimate)
| ₹3.2 L/yr - ₹4.2 L/yr |
Companies similar to SBI Life Insurance Company for Relationship Manager in Mumbai
SBI Life Insurance Company
Relationship Manager Salary
2 - 6 years exp. (6 salaries) |  ₹3.2 L/yr - ₹5 L/yr |
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Tata AIA Life Insurance Relationship Manager Salary
0 - 10 years exp. (142 salaries) | ₹2 L/yr - ₹5 L/yr 
4%
less | 39 job openings |
 PNB MetLife Relationship Manager Salary
0 - 9 years exp. (99 salaries) | ₹2.4 L/yr - ₹4.5 L/yr
11%
less | 2 job openings |
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| ||
 HDFC Life Relationship Manager Salary
0 - 8 years exp. (94 salaries) | ₹2 L/yr - ₹5 L/yr
14%
less | 6 job openings |
 Bajaj Allianz Life Insurance Relationship Manager Salary
0 - 8 years exp. (53 salaries) | ₹1.8 L/yr - ₹4.5 L/yr
17%
less | 26 job openings |
 ICICI Lombard General Insurance Company Relationship Manager Salary
0 - 10 years exp. (47 salaries) | ₹3 L/yr - ₹7 L/yr 
12%
more | 3 job openings |
 ICICI Prudential Life Insurance Relationship Manager Salary
0 - 6 years exp. (45 salaries) | ₹2.2 L/yr - ₹8.8 L/yr
5%
more | |
 Axis Max Life Insurance Relationship Manager Salary
0 - 8 years exp. (37 salaries) | ₹2 L/yr - ₹7 L/yr
16%
more | |
 Star Health & Allied Insurance Relationship Manager Salary
0 - 8 years exp. (36 salaries) | ₹1.5 L/yr - ₹4.5 L/yr
17%
less | |
 Bajaj Allianz General Insurance Relationship Manager Salary
0 - 10 years exp. (30 salaries) | ₹2.1 L/yr - ₹5.9 L/yr
6%
less | 34 job openings |
 Kotak Mahindara Life Insurance Relationship Manager Salary
0 - 7 years exp. (26 salaries) | ₹2.4 L/yr - ₹4.5 L/yr
17%
less | 18 job openings |
 Aditya Birla Sun Life Insurance Relationship Manager Salary
0 - 7 years exp. (21 salaries) | ₹2.2 L/yr - ₹5 L/yr
8%
less | |
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| ||
 SBI General Insurance Relationship Manager Salary
2 - 9 years exp. (16 salaries) | ₹3 L/yr - ₹5.7 L/yr
2%
less | |
 HDFC Ergo General Insurance Relationship Manager Salary
2 - 9 years exp. (8 salaries) | ₹2.5 L/yr - ₹8.2 L/yr
1%
more | |
 Reliance Nippon Life Insurance Relationship Manager Salary
0 - 5 years exp. (7 salaries) | ₹2 L/yr - ₹3.6 L/yr
16%
less | |
 Aditya Birla Health Insurance Co Relationship Manager Salary
0 - 7 years exp. (6 salaries) | ₹5.5 L/yr - ₹6.2 L/yr
47%
more | |
 Marsh Relationship Manager Salary
3 - 6 years exp. (3 salaries) | ₹13.8 L/yr - ₹17 L/yr
251%
more | |
 Shriram Life Insurance Relationship Manager Salary
1 - 3 years exp. (3 salaries) | ₹4.1 L/yr - ₹5.5 L/yr
6%
more | |
Experience wise SBI Life Insurance Company Relationship Manager salaries in Mumbai
Last Updated: 6 Oct 2024
| Experience | Avg Annual Salary |
|---|---|
| 2 years (AmbitionBox Estimate) |
₹3.4
L/yr
- ₹4.4
L/yr
|
| 3 years (AmbitionBox Estimate) |
₹3.5
L/yr
- ₹4.5
L/yr
|
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| |
| 4 years (AmbitionBox Estimate) |
₹3.6
L/yr
- ₹4.6
L/yr
|
| 5 years (AmbitionBox Estimate) |
₹3.7
L/yr
- ₹4.7
L/yr
|
| 6 years (AmbitionBox Estimate) |
₹3.8
L/yr
- ₹4.8
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 in Mumbai at SBI Life Insurance Company earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 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 6 SBI Life Insurance Company employees in India.
| Marsh | ₹13.8 Lakhs to ₹17.0 Lakhs per year |
| Aditya Birla Health Insurance Co | ₹5.5 Lakhs to ₹6.2 Lakhs per year |
| Axis Max Life Insurance | ₹2.0 Lakhs to ₹7.0 Lakhs per year |
| ICICI Lombard General Insurance Company | ₹3.0 Lakhs to ₹7.0 Lakhs per year |
| Shriram Life Insurance | ₹4.1 Lakhs to ₹5.5 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.
| ICICI Prudential Life Insurance | ₹2.2 Lakhs to ₹8.8 Lakhs per year |
| HDFC Ergo General Insurance | ₹2.5 Lakhs to ₹8.2 Lakhs per year |
| SBI General Insurance | ₹3.0 Lakhs to ₹5.7 Lakhs per year |
| Tata AIA Life Insurance | ₹2.0 Lakhs to ₹5.0 Lakhs per year |
| Bajaj Allianz General Insurance | ₹2.1 Lakhs to ₹5.9 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 |
|---|---|
| 2 years | ₹3.4 Lakhs to ₹4.4 Lakhs per year |
| 3 years | ₹3.5 Lakhs to ₹4.5 Lakhs per year |
| 4 years | ₹3.6 Lakhs to ₹4.6 Lakhs per year |
| 5 years | ₹3.7 Lakhs to ₹4.7 Lakhs per year |
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- SBI Life Insurance Company Relationship Manager Salaries in Mumbai
SBI Life Insurance Company Relationship Manager salary
in
Mumbai
ranges between ₹3.2
Lakhs to ₹5
Lakhs with an average annual salary of
₹
. Salary estimates are based on
6
SBI Life Insurance Company latest salaries received from various employees of
SBI Life Insurance Company.