SBI Life Insurance Company Senior Associate Operations Salaries by 80+ Employees (Updated 2025)

4 - 10 years exp.

₹2.4 Lakhs - ₹5.5 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

13% less than the average Senior Associate Operations Salary in Insurance Companies for 4 - 10 years of experience

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Salaries in different departments

Customer Success, Service & Operations Senior Associate Operations Salary 4 - 10 years exp. (39 salaries)	₹2.4 L/yr - ₹5.5 L/yr
BFSI, Investments & Trading Senior Associate Operations Salary 4 - 10 years exp. (28 salaries)	₹2.5 L/yr - ₹4.6 L/yr
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Administration & Facilities Senior Associate Operations Salary 4 - 10 years exp. (3 salaries)	₹3 L/yr - ₹5 L/yr
Finance & Accounting Senior Associate Operations Salary 6 - 9 years exp. (AmbitionBox Estimate)	₹3.9 L/yr - ₹5.2 L/yr

Last Updated: 28 Feb 2025

Companies similar to SBI Life Insurance Company for Senior Associate Operations

Company name	Avg Annual Salary	Open Jobs
HDFC Life Senior Associate Operations Salary 1 - 6 years exp. (133 salaries)	₹1.8 L/yr - ₹4.3 L/yr 17% less
MetLife Senior Associate Operations Salary 1 - 8 years exp. (58 salaries)	₹2.1 L/yr - ₹5.2 L/yr 3% more
Login to view exact salary
ICICI Prudential Life Insurance Senior Associate Operations Salary 1 - 8 years exp. (28 salaries)	₹2.7 L/yr - ₹4.8 L/yr 6% less
Axis Max Life Insurance Senior Associate Operations Salary 2 - 5 years exp. (4 salaries)	₹3 L/yr - ₹3.9 L/yr 16% less
Gallagher Senior Associate Operations Salary 3 - 6 years exp. (3 salaries)	₹4.2 L/yr - ₹7 L/yr 46% more

Senior Associate Operations salary at SBI Life Insurance Company ranges between ₹2.4 Lakhs to ₹5.5 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 84 latest salaries received from various employees of SBI Life Insurance Company.

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

1mo ago

₹5.2 Lakhs

6 years exp.

2mo ago

₹4.6 Lakhs

9 years exp.

2mo ago

₹3 Lakhs

6 years exp.

3mo ago

₹4.6 Lakhs

10 years exp.

6mo ago

₹5 Lakhs

4 years exp.

7mo ago

6 years exp.

9mo ago

8 years exp.

9mo ago

7 years exp.

9mo ago

4 years exp.

10mo ago

9 years exp.

Experience wise SBI Life Insurance Company Senior Associate Operations salaries

Last Updated: 28 Feb 2025

Experience	Avg Annual Salary
4 years (14 salaries)	₹2.8 L/yr - ₹5 L/yr
5 years (14 salaries)	₹2.4 L/yr - ₹5.5 L/yr
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6 years (21 salaries)	₹2.5 L/yr - ₹5.2 L/yr
7 years (16 salaries)	₹2.9 L/yr - ₹4.2 L/yr
8 years (9 salaries)	₹2.9 L/yr - ₹5 L/yr
9 years (3 salaries)	₹3.9 L/yr - ₹4.6 L/yr
10 years (7 salaries)	₹3 L/yr - ₹4.6 L/yr

View all

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₹1.5 L/yr - ₹4.5 L/yr

Sales Executive Salary

(57 salaries)

₹1 L/yr - ₹4.7 L/yr

Sales Support Associate Salary

(51 salaries)

₹1.2 L/yr - ₹3.6 L/yr

Financial Advisor Salary

(47 salaries)

₹0.65 L/yr - ₹4.05 L/yr

Salary related reviews for SBI Life Insurance Company

3.1

Rated by 21 employees for salary & benefits

Senior Associate Operations in Kolkata

BFSI, Investments & Trading Department

1.0

• posted on 14 Aug 2018

1.0

for Salary and Benefits

Likes

Not a place to start your career with. While hiring they will say many things about company but they don't have a proper structure of work. Half of the time there won't be any net connection in your branch.

Job security - Excellent

Dislikes

No career growth, no promotion , no salary

Salary - Bad

+4 more

Sales Support Associate in Kishanganj

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 17 Jan 2024

1.0

for Salary and Benefits

Likes

Even though the salary in this company is very less as per the work, the salary is paid on time.

Dislikes

In today's times, it is important to work to support my family properly, hence I give my 100% to this company so that someday my salary will increase but after working for more than 1 year, I am realizing that It is very difficult to move forward, here we have to work till late night due to which we are not able to give time to our family, and even after doing so much work, we get very low salary so that I cannot support my family properly. I don't know how to do it, even after working for more than 14 hours every day, I don't get any bonus also.

Salary - Bad

+4 more

Management Trainee in Kolkata

Full Time

Sales & Business Development Department

3.0

• posted on 02 Nov 2023

4.0

for Salary and Benefits

Likes

Salary and benefits are supportive.

Salary - Good

+1 more

Dislikes

No work life balance. The sales team pushes things like hell specially in the eastern region of the country. Third Saturday is a leave according to the company's leave policies but we don't get that leave.

Skill development - Poor

+4 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

Job security - Poor

BDM in Salem

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 06 Nov 2023

1.0

for Salary and Benefits

Likes

...east HRs are doing basic work means many candidates carrier will not get spoil. My only suggestion for HRs in SBI life is please do the basic job for the salary what you are earning if not means don't purchase food or groceries for their family in that salary money

Dislikes

Manager , Management, HR in India Bank bancassurance channel if anyone joins in SBI life means carrier will lost. Please ask those who are currently working in SBI life too

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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SBI Life Insurance Company Senior Associate Operations Salary FAQs

What is the salary of Senior Associate Operations at SBI Life Insurance Company ?

The average salary of a Senior Associate Operations at SBI Life Insurance Company in India typically ranges from ₹2.4 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 4 years to 10 years).

The top 10% of Senior Associate Operations at SBI Life Insurance Company earn more than ₹4.6 Lakhs per year, and the top 1% earn over ₹5.4 Lakhs per year. Senior Associate Operations 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 80+ SBI Life Insurance Company employees in India.

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

The estimated take-home salary of a Senior Associate Operations at SBI Life Insurance Company in India typically ranges from ₹29,032 to ₹30,411 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 4 years 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 80+ salaries received from various employees of SBI Life Insurance Company. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than SBI Life Insurance Company for Senior Associate Operations in India?

Gallagher	₹4.2 Lakhs to ₹7.0 Lakhs per year
MetLife	₹2.1 Lakhs to ₹5.2 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 Associate Operations in companies similar to SBI Life Insurance Company in India?

The salary of a Senior Associate Operations 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	₹2.7 Lakhs to ₹4.8 Lakhs per year
Axis Max Life Insurance	₹3.0 Lakhs to ₹3.9 Lakhs per year
HDFC Life	₹1.8 Lakhs to ₹4.3 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 Operations at SBI Life Insurance Company in India?

The salary growth for a Senior Associate Operations at SBI Life Insurance Company depends on factors such as experience, performance, and promotions. On average, a Senior Associate Operations can expect the following growth trajectory at SBI Life Insurance Company:

Experience	Average Salary Range
4 years	₹2.8 Lakhs to ₹5.0 Lakhs per year
5 years	₹2.4 Lakhs to ₹5.5 Lakhs per year
6 years	₹2.5 Lakhs to ₹5.2 Lakhs per year
7 years	₹2.9 Lakhs to ₹4.2 Lakhs per year

and so on.

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SBI Life Insurance Company Senior Associate Operations Salaries by Location

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SBI Life Insurance Company Senior Associate Operations Salaries

SBI Life Insurance Company Senior Associate Operations salary in India ranges between ₹2.4 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 84 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

SBI Life Insurance Company Senior Associate Operations salaries in India (Updated 2025)

Companies similar to SBI Life Insurance Company for Senior Associate Operations

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

Experience wise SBI Life Insurance Company Senior Associate Operations salaries

Similar Designation salaries in SBI Life Insurance Company

Salary related reviews for SBI Life Insurance Company

Senior Associate Operations in Kolkata

Sales Support Associate in Kishanganj

Management Trainee in Kolkata

Business Development Executive in Gangtok

BDM in Salem

SBI Life Insurance Company Senior Associate Operations Salary FAQs

Tell us how to improve this page.

SBI Life Insurance Company Senior Associate Operations Salaries by Location