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SBI Life Insurance Company

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3.8

based on 4k Reviews

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SBI Life Insurance Company Senior Associate Manager salaries in Nagpur (Updated 2025)

Annual salary range
4 - 6 years exp.
₹4.2 Lakhs - ₹4.6 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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At par with the average Senior Associate Manager Salary in Insurance Companies for 4 - 6 years of experience

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Salaries in different departments

Administration & Facilities
Senior Associate Manager Salary
5 - 6 years exp. (AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.1 L/yr

Product Management
Senior Associate Manager Salary
4 years exp. (AmbitionBox Estimate)
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₹3.7 L/yr - ₹4.6 L/yr

Last Updated: 21 Mar 2025

Companies similar to SBI Life Insurance Company for Senior Associate Manager in Nagpur

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SBI Life Insurance Company Senior Associate Manager Salary

4 - 6 years exp. (3 salaries)
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₹4.2 L/yr - ₹4.6 L/yr

vs
Company name Avg Annual Salary Open Jobs
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NeoGrowth Credit Senior Associate Manager Salary

4 - 7 years exp. (3 salaries)
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₹4 L/yr - ₹5 L/yr

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Senior Associate Manager salary at SBI Life Insurance Company ranges between ₹4.2 Lakhs to ₹4.6 Lakhs per year for employees with experience between 4 years to 6 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 Senior Associate Manager in Nagpur

3w ago
₹4.6 Lakhs
6 years exp.
1y ago
₹4.6 Lakhs
5 years exp.

Experience wise SBI Life Insurance Company Senior Associate Manager salaries in Nagpur

Last Updated: 21 Mar 2025

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹4.8 L/yr
5 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.3 L/yr
6 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.3 L/yr

Similar Designation salaries in SBI Life Insurance Company

Sales Executive Salary
(3 salaries)
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₹2.35 L/yr - ₹3.3 L/yr

Salary related reviews for SBI Life Insurance Company

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.

read more
  • 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.

read more

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

read more
  • 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

read more
  • Salary - Poor
    • +6 more

Senior Business Development Manager in Katni

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 20 Apr 2022
2.0
 for  Salary and Benefits

Likes

Best brand in insurance sector..well known..

  • Skill development - Good
    • +4 more

Dislikes

Salary is low as per targets given by company..incentives are good but company has to think for good salary as well.. Products is not up to the mark as per market competition.

read more
  • Salary - Poor
see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

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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 Associate Manager Salary FAQs

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

Experience Average Salary Range
4 years ₹3.7 Lakhs to ₹4.8 Lakhs per year
5 years ₹4.1 Lakhs to ₹5.3 Lakhs per year
6 years ₹4.1 Lakhs to ₹5.3 Lakhs per year
and so on.

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SBI Life Insurance Company Senior Associate Manager salary in Nagpur ranges between ₹4.2 Lakhs to ₹4.6 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.