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SBI Life Insurance Company Senior Associate 1 salaries in India

Annual salary range
0 - 10 years exp.
₹3 Lakhs - ₹6 Lakhs
Salary of majority employees
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50% less than the average Senior Associate 1 Salary in Insurance Companies for 0 - 10 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Senior Associate 1 Salary
0 - 10 years exp. (9 salaries)
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₹3 L/yr - ₹4.8 L/yr

BFSI, Investments & Trading
Senior Associate 1 Salary
1 - 8 years exp. (6 salaries)
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₹3.3 L/yr - ₹6 L/yr

Last Updated: 21 Oct 2024

Companies similar to SBI Life Insurance Company for Senior Associate 1

Company name Avg Annual Salary Open Jobs
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MetLife Senior Associate 1 Salary

3 - 6 years exp. (9 salaries)

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₹2.5 L/yr - ₹4.2 L/yr

arrow icon 32% less
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HDFC Life Senior Associate 1 Salary

0 - 7 years exp. (10 salaries)

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₹1.9 L/yr - ₹4.3 L/yr

arrow icon 32% less
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₹2.1 L/yr - ₹4.6 L/yr

arrow icon 28% less
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₹3 L/yr - ₹4 L/yr

arrow icon 20% less
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₹3.6 L/yr - ₹5.3 L/yr

arrow icon 18% less
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AXA Senior Associate 1 Salary

3 - 5 years exp. (3 salaries)

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₹3.2 L/yr - ₹4 L/yr

arrow icon 24% less
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₹2 L/yr - ₹2.5 L/yr

arrow icon 53% less
Senior Associate 1 salary at SBI Life Insurance Company ranges between ₹3 Lakhs to ₹6 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 17 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Senior Associate 1

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Experience wise SBI Life Insurance Company Senior Associate 1 salaries

Last Updated: 21 Oct 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹3 L/yr - ₹8.1 L/yr
1 year (AmbitionBox Estimate)

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₹4.1 L/yr - ₹8.1 L/yr
2 years (AmbitionBox Estimate)

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

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₹1.8 L/yr - ₹4.9 L/yr
4 years (AmbitionBox Estimate)

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₹3 L/yr - ₹8.3 L/yr
View all

Similar Designation salaries in SBI Life Insurance Company

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₹4.5 L/yr - ₹5.8 L/yr
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(5 salaries)
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₹1.8 L/yr - ₹4 L/yr
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₹5 L/yr - ₹8 L/yr
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(14 salaries)
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₹2.3 L/yr - ₹6 L/yr
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₹6.5 L/yr - ₹8.5 L/yr
Salesforce Developer Salary
(AmbitionBox Estimate)
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₹8.6 L/yr - ₹11 L/yr
Technical Lead Salary
(AmbitionBox Estimate)
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₹3.9 L/yr - ₹4.9 L/yr
Java Developer Salary
(3 salaries)
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₹3 L/yr - ₹5.2 L/yr

Salary related reviews for SBI Life Insurance Company

1.9

Rated by 3 employees for salary & benefits

Customer Success, Service & Operations Department

2.0
  •  posted on 03 Jun 2022

1.0
 for  Salary and Benefits

Likes

If you work hard in SBI LIFE operations Job, then surely not achieved goals bcoz they overload you by various task and never ending Task. If you do smartwork , then Your reporting Manager jealous .....

read more
  • Skill development - Excellent

Dislikes

Annual Bonus Rating system is very poor, Lots of work, Telecalling, Home Visit for customer request without any allowance, Old systems, Poor management, No Promotions and Increment. No late sitting -- Eg - food, allowance, etc

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 30 May 2022

3.0
 for  Salary and Benefits

Likes

Average work environment and culture . Teammates are supportive and the management is selfish. Company policies are bad . Appraisals not fair in this company.

read more
  • Job security - Good

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is very slow

read more
  • Work satisfaction - Poor
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 29 Apr 2018

3.0
 for  Salary and Benefits

Likes

Company is

  • Job security - Good
  • +1 more

Dislikes

Company is good but as per process of career growth, it is very slow. Company's salary structure is also not good. My salary is less than a person who is coming on my position which I had before 2 years

read more

BFSI, Investments & Trading Department

5.0
  •  posted on 29 Oct 2020

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 salary hike and bonus every year.

read more
  • Salary - Excellent
  • +6 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
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SBI Life Insurance Company Senior Associate 1 Salary FAQs

What is the salary of Senior Associate 1 at SBI Life Insurance Company ?
The average salary of a Senior Associate 1 at SBI Life Insurance Company in India typically ranges from ₹3.0 Lakhs to ₹6.0 Lakhs per year, depending on experience (from Fresher to 10 years).

The top 10% of Senior Associate 1 at SBI Life Insurance Company earn more than ₹4.9 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Senior Associate 1 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 10+ SBI Life Insurance Company employees in India.
What is the estimated take home salary of a Senior Associate 1 at SBI Life Insurance Company in India?
The estimated take-home salary of a Senior Associate 1 at SBI Life Insurance Company in India typically ranges from ₹34,404 to ₹35,652 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from Fresher to 10 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 10+ salaries received from various employees of SBI Life Insurance Company. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Senior Associate 1 in companies similar to SBI Life Insurance Company in India?
The salary of a Senior Associate 1 at companies similar to SBI Life Insurance Company in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Prudential Life Insurance ₹3.6 Lakhs to ₹5.3 Lakhs per year
Axis Max Life Insurance ₹3.0 Lakhs to ₹4.0 Lakhs per year
AXA ₹3.2 Lakhs to ₹4.0 Lakhs per year
First American Title ₹2.1 Lakhs to ₹4.6 Lakhs per year
MetLife ₹2.5 Lakhs to ₹4.2 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 Associate 1 at SBI Life Insurance Company in India?
The salary growth for a Senior Associate 1 at SBI Life Insurance Company depends on factors such as experience, performance, and promotions. On average, a Senior Associate 1 can expect the following growth trajectory at SBI Life Insurance Company:

Experience Average Salary Range
Fresher ₹3.0 Lakhs to ₹8.1 Lakhs per year
1 year ₹4.1 Lakhs to ₹8.1 Lakhs per year
2 years ₹4.1 Lakhs to ₹5.2 Lakhs per year
3 years ₹1.8 Lakhs to ₹4.9 Lakhs per year
and so on.

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SBI Life Insurance Company Senior Associate 1 salary in India ranges between ₹3 Lakhs to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 17 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.