SBI Life Insurance Company Chennai Senior Associate Salaries by 20+ Employees (Updated 2025)

3 - 8 years exp.

₹2.4 Lakhs - ₹5.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

55% less than the average Senior Associate Salary in Insurance Companies for 3 - 8 years of experience

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Salaries in different departments

Customer Success, Service & Operations Senior Associate Salary 3 - 6 years exp. (7 salaries)	₹2.4 L/yr - ₹4.8 L/yr
BFSI, Investments & Trading Senior Associate Salary 3 - 7 years exp. (6 salaries)	₹2.5 L/yr - ₹4.6 L/yr
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Marketing & Communication Senior Associate Salary 5 - 8 years exp. (3 salaries)	₹3.8 L/yr - ₹4.3 L/yr
Human Resources Senior Associate Salary 3 - 7 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹4.7 L/yr
Finance & Accounting Senior Associate Salary 7 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.9 L/yr

View all

Last Updated: 10 Mar 2025

Companies similar to SBI Life Insurance Company for Senior Associate in Chennai

SBI Life Insurance Company Senior Associate Salary

3 - 8 years exp. (22 salaries)

₹2.4 L/yr - ₹5.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Senior Associate Salary 0 - 9 years exp. (89 salaries)	₹1.5 L/yr - ₹4.5 L/yr 18% less	5 job openings
ICICI Prudential Life Insurance Senior Associate Salary 3 - 9 years exp. (16 salaries)	₹3.2 L/yr - ₹5 L/yr 1% more
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HDFC Ergo General Insurance Senior Associate Salary 2 - 6 years exp. (5 salaries)	₹3 L/yr - ₹3.9 L/yr 15% less
Shriram Life Insurance Senior Associate Salary 1 - 7 years exp. (4 salaries)	₹2.5 L/yr - ₹3.1 L/yr 35% less
First American Title Senior Associate Salary 2 - 5 years exp. (3 salaries)	₹3 L/yr - ₹3.6 L/yr 19% less

Senior Associate salary at SBI Life Insurance Company ranges between ₹2.4 Lakhs to ₹5.5 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 22 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Senior Associate salaries in Chennai

Last Updated: 10 Mar 2025

Experience	Avg Annual Salary
3 years (3 salaries)	₹2.4 L/yr - ₹4.6 L/yr
4 years (3 salaries)	₹2.5 L/yr - ₹4.1 L/yr
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5 years (6 salaries)	₹2.5 L/yr - ₹4.6 L/yr
6 years (5 salaries)	₹3 L/yr - ₹4.3 L/yr
7 years (4 salaries)	₹3.1 L/yr - ₹5.5 L/yr
8 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr

View all

From

Senior Associate

₹

Lakhs/yr

0 - 11 years exp.

Zonal Area Manager

₹

Lakhs/yr

14 - 21 years exp.

Senior Associate

0 - 11 years exp.

BDM

2 - 10 years exp.

8% hike

Sr BDM

5 - 13 years exp.

27% hike

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.

Similar Designation salaries in SBI Life Insurance Company

Area Manager Salary

(13 salaries)

₹6.71 L/yr - ₹13 L/yr

Sales Executive Salary

(5 salaries)

₹2.35 L/yr - ₹3.05 L/yr

Associate Vice President Salary

(5 salaries)

₹15 L/yr - ₹20.9 L/yr

Financial Advisor Salary

(4 salaries)

₹2 L/yr - ₹4.05 L/yr

Sales Support Associate Salary

(4 salaries)

₹1.2 L/yr - ₹2 L/yr

Operations Associate Salary

(3 salaries)

₹2.9 L/yr - ₹4.5 L/yr

Top skills at SBI Life Insurance Company for Senior Associate

Corporate PR Media Relations Internal Communication Media Management Public Relations Press Release Blogs PR Corporate Communication News Writing Writing Skills

Salary related reviews for SBI Life Insurance Company

3.6

Rated by 4 employees for salary & benefits

Senior Associate in New Delhi

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.

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

Work satisfaction - Poor

+2 more

Senior Associate in Jaipur

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

Senior Associate in Sultanpur

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.

Salary - Excellent

+6 more

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

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

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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 Salary FAQs

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

The average salary of a Senior Associate at SBI Life Insurance Company in Chennai typically ranges from ₹2.4 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 3 years to 8 years).

The top 10% of Senior Associate in Chennai at SBI Life Insurance Company earn more than ₹4.6 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Senior Associate 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 20+ SBI Life Insurance Company employees in India.

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

The estimated take-home salary of a Senior Associate at SBI Life Insurance Company in Chennai typically ranges from ₹30,840 to ₹32,142 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 3 years to 8 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 20+ 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 Associate at SBI Life Insurance Company in Chennai?

To be a Senior Associate at SBI Life Insurance Company in Chennai, the key skills required include:

- Corporate PR
- Media Relations
- Internal Communication
- Media Management
- Public Relations

These skills are highly valued at SBI Life Insurance Company and are crucial for successful performance in a Software Engineering role.

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

ICICI Prudential Life Insurance

₹3.2 Lakhs to ₹5.0 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 in companies similar to SBI Life Insurance Company in Chennai?

The salary of a Senior Associate at companies similar to SBI Life Insurance Company in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Ergo General Insurance	₹3.0 Lakhs to ₹3.9 Lakhs per year
HDFC Life	₹1.5 Lakhs to ₹4.5 Lakhs per year
First American Title	₹3.0 Lakhs to ₹3.6 Lakhs per year
Shriram Life Insurance	₹2.5 Lakhs to ₹3.1 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 at SBI Life Insurance Company in Chennai?

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

Experience	Average Salary Range
3 years	₹2.4 Lakhs to ₹4.6 Lakhs per year
4 years	₹2.5 Lakhs to ₹4.1 Lakhs per year
5 years	₹2.5 Lakhs to ₹4.6 Lakhs per year
6 years	₹3.0 Lakhs to ₹4.3 Lakhs per year

and so on.

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SBI Life Insurance Company Senior Associate Salaries in Chennai

SBI Life Insurance Company Senior Associate salary in Chennai ranges between ₹2.4 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 22 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

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

Companies similar to SBI Life Insurance Company for Senior Associate in Chennai

Latest annual salaries shared by SBI Life Insurance Company Senior Associate in Chennai

Experience wise SBI Life Insurance Company Senior Associate salaries in Chennai

Similar Designation salaries in SBI Life Insurance Company

Top skills at SBI Life Insurance Company for Senior Associate

Salary related reviews for SBI Life Insurance Company

Senior Associate in New Delhi

Senior Associate in Jaipur

Senior Associate in Sultanpur

Business Development Manager in Deoghar

Sales Support Associate in Kishanganj

SBI Life Insurance Company Senior Associate Salary FAQs

Tell us how to improve this page.