SBI Life Insurance Company Palakkad Senior Agency Manager Salaries by 7 Employees (Updated 2025)

3 - 6 years exp.

₹3.8 Lakhs - ₹5 Lakhs

Avg. annual salary

Monthly In-hand Salary

19% more than the average Senior Agency Manager Salary in Insurance Companies for 3 - 6 years of experience

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Salaries in different departments

Sales & Business Development Senior Agency Manager Salary 4 - 6 years exp. (4 salaries)	₹3.8 L/yr - ₹4.6 L/yr
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Marketing & Communication Senior Agency Manager Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹4.6 L/yr - ₹5 L/yr

Last Updated: 8 Mar 2025

Senior Agency Manager salary at SBI Life Insurance Company ranges between ₹3.8 Lakhs to ₹5 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 7 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Senior Agency Manager salaries in Palakkad

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
4 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
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5 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
6 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.2 L/yr

From

Senior Agency Manager

₹

Lakhs/yr

3 - 12 years exp.

Senior Branch Manager

₹

Lakhs/yr

10 - 22 years exp.

Senior Agency Manager

3 - 12 years exp.

Assistant Branch Sales Manager

8 - 15 years exp.

32% hike

Branch Manager

8 - 17 years exp.

71% hike

From

View 2 more levels

Senior Agency Manager

3 - 12 years exp.

Divisional Sales Manager

11 - 20 years exp.

From

View 1 more level

Senior Agency Manager

3 - 12 years exp.

Associate Branch Manager

3 - 20 years exp.

From

View 2 more levels

Senior Agency Manager

3 - 12 years exp.

Divisional Manager

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.

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

5.0

Rated by 1 employees for salary & benefits

Senior Agency Manager in KATIHAR , Bihar

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 .

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 .

Business Development Manager in Deoghar

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.

Salary - Poor

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.

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.

Business Development Executive in Gangtok

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

Job security - Poor

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.

Salary - Poor

+4 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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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 Palakkad?

The average salary of a Senior Agency Manager at SBI Life Insurance Company in Palakkad typically ranges from ₹3.8 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Senior Agency Manager in Palakkad at SBI Life Insurance Company earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 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 7 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 Palakkad?

The estimated take-home salary of a Senior Agency Manager at SBI Life Insurance Company in Palakkad typically ranges from ₹33,696 to ₹34,955 per month. This is based on the average salary range of ₹3.8 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 3 years to 6 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 7 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 Palakkad?

To be a Senior Agency Manager at SBI Life Insurance Company in Palakkad, 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.

How the salary growth look like for a Senior Agency Manager at SBI Life Insurance Company in Palakkad?

The salary growth for a Senior Agency Manager at SBI Life Insurance Company in Palakkad depends on factors such as experience, performance, and promotions. On average, a Senior Agency Manager in Palakkad 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 ₹5.1 Lakhs per year
5 years	₹4.0 Lakhs to ₹5.1 Lakhs per year
6 years	₹4.0 Lakhs to ₹5.2 Lakhs per year

and so on.

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SBI Life Insurance Company Senior Agency Manager Salaries in Palakkad

SBI Life Insurance Company Senior Agency Manager salary in Palakkad ranges between ₹3.8 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.