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SBI Life Insurance Company Sales Manager salaries in Mumbai

Annual salary range
2 - 10 years exp.
₹3.2 Lakhs - ₹5.6 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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45% less than the average Sales Manager Salary in Insurance Companies for 2 - 10 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading
Sales Manager Salary
2 - 10 years exp. (AmbitionBox Estimate)
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₹3.5 L/yr - ₹5.6 L/yr

Sales & Business Development
Sales Manager Salary
10 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹4.5 L/yr

Last Updated: 6 Sep 2024

Companies similar to SBI Life Insurance Company for Sales Manager in Mumbai

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SBI Life Insurance Company Sales Manager Salary

2 - 10 years exp. (3 salaries)

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₹3.2 L/yr - ₹5.6 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹3 L/yr - ₹10 L/yr

arrow icon 85% more
22 job openings
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₹3.9 L/yr - ₹11.7 L/yr

arrow icon 81% more
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HDFC Life Sales Manager Salary

0 - 10 years exp. (91 salaries)

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₹2.2 L/yr - ₹7.5 L/yr

arrow icon 31% more
4 job openings
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₹2.6 L/yr - ₹5.8 L/yr

arrow icon 17% more
5 job openings
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Axis Max Life Insurance Sales Manager Salary

0 - 9 years exp. (71 salaries)

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₹2.8 L/yr - ₹6 L/yr

arrow icon 18% more
3 job openings
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₹2.4 L/yr - ₹6.6 L/yr

arrow icon 29% more
76 job openings
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₹2.7 L/yr - ₹5.1 L/yr

arrow icon 11% more
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₹2.5 L/yr - ₹9.5 L/yr

arrow icon 86% more
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₹3 L/yr - ₹6.5 L/yr

arrow icon 16% more
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₹1.5 L/yr - ₹5 L/yr

arrow icon 14% less
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Tata AIA Life Insurance Sales Manager Salary

5 - 10 years exp. (20 salaries)

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₹3.5 L/yr - ₹7.9 L/yr

arrow icon 58% more
3 job openings
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₹2.4 L/yr - ₹7 L/yr

arrow icon 7% less
16 job openings
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PNB MetLife Sales Manager Salary

1 - 9 years exp. (4 salaries)

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₹3 L/yr - ₹4 L/yr

arrow icon 3% less
1 job opening
Sales Manager salary at SBI Life Insurance Company ranges between ₹3.2 Lakhs to ₹5.6 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 3 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Sales Manager in Mumbai

6mo ago
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2 years exp.
1y ago
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10 years exp.

Experience wise SBI Life Insurance Company Sales Manager salaries in Mumbai

Last Updated: 6 Sep 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹3.9 L/yr
3 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
4 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.2 L/yr
5 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.3 L/yr
6 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.5 L/yr
View all

Similar Designation salaries in SBI Life Insurance Company

Area Manager Salary
(15 salaries)
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₹7.5 L/yr - ₹14.21 L/yr
Branch Manager Salary
(8 salaries)
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₹8 L/yr - ₹11.2 L/yr
Deputy Manager Salary
(7 salaries)
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₹4 L/yr - ₹8.5 L/yr
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₹10.55 L/yr - ₹20 L/yr

Top skills at SBI Life Insurance Company for Sales Manager

Life Insurance Banking Sales Salesforce Sales Strategy Insurance Sales

Salary related reviews for SBI Life Insurance Company

Full Time

 · 

Marketing & Communication Department

5.0
  •  posted on 30 Jan 2025

2.0
 for  Salary and Benefits

Likes

Very good policy, good Behaviour from all senior Management.

  • Skill development - Good
  • +3 more

Dislikes

I am working from last 8 year but my salary is very low. If someone working is in other companies and they switched from there to here they are getting good CTC. If you are working in good location and if your assign branch and branch manager is good so you can get promotion but if you not working in good location or your assign branch is not good it's very deficit to get promotion.

read more
  • Salary - Poor

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.

read more

Full Time

 · 

Marketing & Communication Department

4.0
  •  posted on 13 Sep 2023

5.0
 for  Salary and Benefits

Likes

very good company with good oppurtunities and good pay

  • Salary - Excellent
  • +4 more

Dislikes

management is not so good,specially our managers always threatning for resign and salary hold.company needs to fix this kind of problems for their employee to work with full motivation

read more
  • Job security - Poor

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.

read more
  • Salary - Poor
  • +4 more

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

read more
  • Salary - Poor
  • +6 more
see more salary related reviews

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SBI Life Insurance Company Sales Manager Salary FAQs

How the salary growth look like for a Sales Manager at SBI Life Insurance Company in Mumbai?
The salary growth for a Sales Manager at SBI Life Insurance Company in Mumbai depends on factors such as experience, performance, and promotions. On average, a Sales Manager in Mumbai can expect the following growth trajectory at SBI Life Insurance Company:

Experience Average Salary Range
2 years ₹3.1 Lakhs to ₹3.9 Lakhs per year
3 years ₹3.2 Lakhs to ₹4.1 Lakhs per year
4 years ₹3.3 Lakhs to ₹4.2 Lakhs per year
5 years ₹3.4 Lakhs to ₹4.3 Lakhs per year
and so on.

Tell us how to improve this page.

SBI Life Insurance Company Sales Manager salary in Mumbai ranges between ₹3.2 Lakhs to ₹5.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.