SBI Life Insurance Company Senior Area Manager Salaries by 100+ Employees (Updated 2025)

12 - 21 years exp.

₹9.1 Lakhs - ₹21 Lakhs

Salary of majority employees

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6% more than the average Senior Area Manager Salary in Insurance Companies for 12 - 21 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Area Manager Salary 12 - 20 years exp. (49 salaries)	Unlock ₹9.1 L/yr - ₹21 L/yr
Sales & Business Development Senior Area Manager Salary 12 - 21 years exp. (32 salaries)	Unlock ₹10 L/yr - ₹17.6 L/yr
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Marketing & Communication Senior Area Manager Salary 12 - 20 years exp. (13 salaries)	Unlock ₹10.1 L/yr - ₹17 L/yr
Finance & Accounting Senior Area Manager Salary 13 - 15 years exp. (AmbitionBox Estimate)	Unlock ₹14 L/yr - ₹14.9 L/yr

Last Updated: 7 Mar 2025

Companies similar to SBI Life Insurance Company for Senior Area Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Senior Area Manager Salary 9 - 12 years exp. (4 salaries)	Unlock ₹3.5 L/yr - ₹8.5 L/yr 55% less
ICICI Prudential Life Insurance Senior Area Manager Salary 4 - 18 years exp. (6 salaries)	Unlock ₹6.5 L/yr - ₹16 L/yr 27% less
Login to view exact salary
Axis Max Life Insurance Senior Area Manager Salary 12 - 17 years exp. (45 salaries)	Unlock ₹8 L/yr - ₹20 L/yr 2% more
Bajaj Allianz Life Insurance Senior Area Manager Salary 6 - 17 years exp. (318 salaries)	Unlock ₹6.3 L/yr - ₹14 L/yr 28% less
Tata AIA Life Insurance Senior Area Manager Salary 9 - 18 years exp. (18 salaries)	Unlock ₹10 L/yr - ₹21 L/yr 5% more
Reliance Nippon Life Insurance Senior Area Manager Salary 0 - 13 years exp. (7 salaries)	Unlock ₹3 L/yr - ₹8.2 L/yr 67% less
Aviva Life Insurance India Senior Area Manager Salary 11 - 17 years exp. (5 salaries)	Unlock ₹12 L/yr - ₹15.1 L/yr 7% less
Bharti AXA Life Insurance Senior Area Manager Salary 10 - 19 years exp. (26 salaries)	Unlock ₹9.3 L/yr - ₹17 L/yr 3% less
PNB MetLife Senior Area Manager Salary 13 - 17 years exp. (5 salaries)	Unlock ₹7.5 L/yr - ₹9 L/yr 39% less
Star Health & Allied Insurance Senior Area Manager Salary 15 - 22 years exp. (8 salaries)	Unlock ₹17.5 L/yr - ₹24 L/yr 50% more
Aditya Birla Sun Life Insurance Senior Area Manager Salary 10 - 15 years exp. (4 salaries)	Unlock ₹7.1 L/yr - ₹8.6 L/yr 45% less
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Bajaj Allianz General Insurance Senior Area Manager Salary 7 - 11 years exp. (4 salaries)	Unlock ₹7.3 L/yr - ₹12 L/yr 34% less
Shriram Life Insurance Senior Area Manager Salary 3 - 4 years exp. (3 salaries)	Unlock ₹4.7 L/yr - ₹6 L/yr 63% less
HDFC Ergo General Insurance Senior Area Manager Salary 7 - 12 years exp. (3 salaries)	Unlock ₹7.1 L/yr - ₹9.7 L/yr 41% less

Senior Area Manager salary at SBI Life Insurance Company ranges between ₹9.1 Lakhs to ₹21 Lakhs per year for employees with experience between 12 years to 21 years. Salary estimates are based on 122 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Senior Area Manager

3d ago

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18 years exp.

1w ago

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17 years exp.

3w ago

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18 years exp.

3w ago

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14 years exp.

2mo ago

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12 years exp.

3mo ago

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16 years exp.

3mo ago

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21 years exp.

4mo ago

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20 years exp.

4mo ago

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15 years exp.

4mo ago

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16 years exp.

Experience wise SBI Life Insurance Company Senior Area Manager salaries

Last Updated: 7 Mar 2025

Experience	Avg Annual Salary
12 years (11 salaries)	Unlock ₹10 L/yr - ₹18.4 L/yr
13 years (14 salaries)	Unlock ₹9.2 L/yr - ₹16 L/yr
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14 years (17 salaries)	Unlock ₹9.1 L/yr - ₹21 L/yr
15+ years (80 salaries)	Unlock ₹9.1 L/yr - ₹21 L/yr

From

Senior Area Manager

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12 - 21 years exp.

Zonal Area Manager

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₹

Lakhs/yr

14 - 21 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.

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Salary related reviews for SBI Life Insurance Company

3.8

Rated by 27 employees for salary & benefits

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

Business Development Manager in Rajkot

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

Salary - Poor

+6 more

Business Development Manager in Jaipur

Full Time

Sels Department

5.0

• posted on 12 Apr 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

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an associate vice president

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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SBI Life Insurance Company Senior Area Manager Salary FAQs

What is the salary of Senior Area Manager at SBI Life Insurance Company?

Senior Area Manager salary at SBI Life Insurance Company in India ranges between ₹9.1 Lakhs to ₹21.0 Lakhs for experience between 12 years to 21 years. According to our estimates it is 6% more than the average Senior Area Manager Salary in India. Salary estimates are based on 122 latest salaries received from various employees of SBI Life Insurance Company India.

How does the salary of a Senior Area Manager at SBI Life Insurance Company India compare with the average salary range for this job?

The average salary of a Senior Area Manager at SBI Life Insurance Company is 6% more than the average salary of a Senior Area Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than SBI Life Insurance Company to a Senior Area Manager in India?

Star Health & Allied Insurance Senior Area Manager Salary - ₹17.5 Lakhs to ₹24.0 Lakhs per year
Tata AIA Life Insurance Senior Area Manager Salary - ₹10.0 Lakhs to ₹21.0 Lakhs per year
Axis Max Life Insurance Senior Area Manager Salary - ₹8.0 Lakhs to ₹20.0 Lakhs per year

What is the salary of a Senior Area Manager in companies similar to SBI Life Insurance Company in India?

Bharti AXA Life Insurance Senior Area Manager Salary - ₹9.3 Lakhs to ₹17.0 Lakhs per year
Aviva Life Insurance India Senior Area Manager Salary - ₹12.0 Lakhs to ₹15.1 Lakhs per year
ICICI Prudential Life Insurance Senior Area Manager Salary - ₹6.5 Lakhs to ₹16.0 Lakhs per year
Bajaj Allianz Life Insurance Senior Area Manager Salary - ₹6.3 Lakhs to ₹14.0 Lakhs per year
Bajaj Allianz General Insurance Senior Area Manager Salary - ₹7.3 Lakhs to ₹12.0 Lakhs per year

What is the estimated take home salary of a Senior Area Manager at SBI Life Insurance Company in India?

The estimated take-home salary of a Senior Area Manager at SBI Life Insurance Company ranges between ₹98,711 per month to ₹1,01,391 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Senior Area Manager salary in India which ranges between ₹9.1 Lakhs to ₹21.0 Lakhs per year for employees with experience between 12 years to 21 years. Check how did we calculate take home salary?

What is the notice period for Senior Area Manager at SBI Life Insurance Company?

According to AmbitionBox, 60% of the SBI Life Insurance Company Senior Area Managers reported a notice period of 3 Months, 21% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 121 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Senior Area Manager Salaries by Location

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SBI Life Insurance Company Senior Area Manager Salaries

SBI Life Insurance Company Senior Area Manager salary in India ranges between ₹9.1 Lakhs to ₹21 Lakhs with an average annual salary of ₹. Salary estimates are based on 122 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

SBI Life Insurance Company Senior Area Manager salaries in India (Updated 2025)

Companies similar to SBI Life Insurance Company for Senior Area Manager

Latest annual salaries shared by SBI Life Insurance Company Senior Area Manager

Experience wise SBI Life Insurance Company Senior Area Manager salaries

Similar Designation salaries in SBI Life Insurance Company