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SBI Life Insurance Company Senior Agency Manager salaries in New Delhi

Annual salary range
3 - 11 years exp.
₹3.9 Lakhs - ₹5.2 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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6% more than the average Senior Agency Manager Salary in Insurance Companies for 3 - 11 years of experience

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Salaries in different departments

Sales & Business Development
Senior Agency Manager Salary
4 - 11 years exp. (4 salaries)
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₹3.9 L/yr - ₹5.2 L/yr

BFSI, Investments & Trading
Senior Agency Manager Salary
3 - 7 years exp. (3 salaries)
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₹3.9 L/yr - ₹4.8 L/yr

Customer Success, Service & Operations
Senior Agency Manager Salary
10 years exp. (AmbitionBox Estimate)
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₹4.4 L/yr - ₹4.9 L/yr

Last Updated: 27 Oct 2023

Companies similar to SBI Life Insurance Company for Senior Agency Manager in New Delhi

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SBI Life Insurance Company Senior Agency Manager Salary

3 - 11 years exp. (9 salaries)

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₹3.9 L/yr - ₹5.2 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹3.5 L/yr - ₹4.4 L/yr

arrow icon 13% less
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₹4 L/yr - ₹5 L/yr

arrow icon 4% more
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₹3.1 L/yr - ₹3.5 L/yr

arrow icon 29% less
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₹3.9 L/yr - ₹5 L/yr

arrow icon 2% more
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₹2.8 L/yr - ₹5 L/yr

arrow icon 21% less
Senior Agency Manager salary at SBI Life Insurance Company ranges between ₹3.9 Lakhs to ₹5.2 Lakhs per year for employees with experience between 3 years to 11 years. Salary estimates are based on 9 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Senior Agency Manager in New Delhi

1y ago
₹4.9 Lakhs
10 years exp.
1y ago
₹5.2 Lakhs
11 years exp.

Experience wise SBI Life Insurance Company Senior Agency Manager salaries in New Delhi

Last Updated: 27 Oct 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹4 L/yr - ₹5.1 L/yr
4 years (AmbitionBox Estimate)

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₹4 L/yr - ₹5.2 L/yr
5 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.2 L/yr
6 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.2 L/yr
7 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.2 L/yr
View all
SBI Life Insurance Company Senior Agency Manager Salary and Career Growth

From

To

Senior Agency Manager

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3 - 12 years exp.

Senior Branch Manager

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10 - 22 years exp.

Senior Agency Manager

3 - 12 years exp.
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Assistant Branch Sales Manager

8 - 15 years exp.
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arrow icon 33% hike

Branch Manager

7 - 24 years exp.
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arrow icon 80% hike

From

To

Senior Agency Manager

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3 - 12 years exp.

Divisional Sales Manager

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11 - 20 years exp.

From

To

Senior Agency Manager

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3 - 12 years exp.

Associate Branch Manager

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3 - 20 years exp.

From

To

Senior Agency Manager

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3 - 12 years exp.

Divisional Manager

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13 - 25 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in SBI Life Insurance Company

Area Manager Salary
(24 salaries)
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₹6.05 L/yr - ₹12.5 L/yr
Branch Manager Salary
(6 salaries)
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₹7.5 L/yr - ₹12.5 L/yr
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₹5.25 L/yr - ₹6 L/yr
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₹4 L/yr - ₹10.98 L/yr

Top skills at SBI Life Insurance Company for Senior Agency Manager

Communication Skills Internal Communication Agency Management Training Recruitment part time Marketing Communication

Salary related reviews for SBI Life Insurance Company

BFSI, Investments & Trading Department

5.0
  •  posted on 06 Aug 2020

5.0
 for  Salary and Benefits

Likes

Digital platform for field sales force and preventive step to stop bogus insurance. Always supportive guidance by Higher management/official .

read more
  • Salary - Excellent
  • +6 more

Dislikes

Salary increments system is not satisfactory. A FLSM who fulfill NBP criteria but miss his/her promotion due to nominal margin of Persistancy they are not eligible to get beneficial of Salary increments .

read more

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.

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Full Time

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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
see more salary related reviews

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SBI Life Insurance Company Senior Agency Manager Salary FAQs

What is the salary of Senior Agency Manager at SBI Life Insurance Company in New Delhi?
The average salary of a Senior Agency Manager at SBI Life Insurance Company in New Delhi typically ranges from ₹3.9 Lakhs to ₹5.2 Lakhs per year, depending on experience (from 3 years to 11 years).

The top 10% of Senior Agency Manager in New Delhi at SBI Life Insurance Company earn more than ₹5.1 Lakhs per year, and the top 1% earn over ₹5.2 Lakhs per year. Senior Agency 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 9 SBI Life Insurance Company employees in India.
What is the estimated take home salary of a Senior Agency Manager at SBI Life Insurance Company in New Delhi?
The estimated take-home salary of a Senior Agency Manager at SBI Life Insurance Company in New Delhi typically ranges from ₹34,036 to ₹35,290 per month. This is based on the average salary range of ₹3.9 Lakhs to ₹5.2 Lakhs per year for employees with experience ranging from 3 years to 11 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 9 salaries received from various employees of SBI Life Insurance Company. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Senior Agency Manager at SBI Life Insurance Company in New Delhi?
To be a Senior Agency Manager at SBI Life Insurance Company in New Delhi, the key skills required include:

  • - Communication Skills
  • - Internal Communication
  • - Agency Management
  • - Training
  • - Recruitment

These skills are highly valued at SBI Life Insurance Company and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than SBI Life Insurance Company for Senior Agency Manager in India?
ICICI Prudential Life Insurance ₹4.0 Lakhs to ₹5.0 Lakhs per year
Niva Bupa Health Insurance Company ₹3.9 Lakhs to ₹5.0 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.
What is the salary of a Senior Agency Manager in companies similar to SBI Life Insurance Company in New Delhi?
The salary of a Senior Agency Manager at companies similar to SBI Life Insurance Company in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aditya Birla Health Insurance Co ₹3.5 Lakhs to ₹4.4 Lakhs per year
Aditya Birla Capital ₹2.8 Lakhs to ₹5.0 Lakhs per year
Aditya Birla Sun Life Insurance ₹3.1 Lakhs to ₹3.5 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.
How the salary growth look like for a Senior Agency Manager at SBI Life Insurance Company in New Delhi?
The salary growth for a Senior Agency Manager at SBI Life Insurance Company in New Delhi depends on factors such as experience, performance, and promotions. On average, a Senior Agency Manager in New Delhi can expect the following growth trajectory at SBI Life Insurance Company:

Experience Average Salary Range
3 years ₹4.0 Lakhs to ₹5.1 Lakhs per year
4 years ₹4.0 Lakhs to ₹5.2 Lakhs per year
5 years ₹4.1 Lakhs to ₹5.2 Lakhs per year
6 years ₹4.1 Lakhs to ₹5.2 Lakhs per year
and so on.

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SBI Life Insurance Company Senior Agency Manager salary in New Delhi ranges between ₹3.9 Lakhs to ₹5.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.