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SBI Life Insurance Company

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3.8

based on 3.9k Reviews

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

Annual salary range
0 - 11 years exp.
₹2.6 Lakhs - ₹6.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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15% less than the average Senior Associate Salary in Insurance Companies for 0 - 11 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Senior Associate Salary
1 - 7 years exp. (10 salaries)
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₹3.2 L/yr - ₹6.5 L/yr

Customer Success, Service & Operations
Senior Associate Salary
0 - 11 years exp. (6 salaries)
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₹3.5 L/yr - ₹5.5 L/yr

Finance & Accounting
Senior Associate Salary
0 - 6 years exp. (6 salaries)
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₹3.2 L/yr - ₹5 L/yr

Last Updated: 9 Apr 2025

Companies similar to SBI Life Insurance Company for Senior Associate in Navi Mumbai

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SBI Life Insurance Company Senior Associate Salary

0 - 11 years exp. (31 salaries)
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₹2.6 L/yr - ₹6.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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SS&C TECHNOLOGIES Senior Associate Salary

0 - 8 years exp. (207 salaries)
unlock blur

₹2.4 L/yr - ₹10.3 L/yr

arrow icon 42% more
 16 job openings
Logo
State Street Syntel Senior Associate Salary

3 - 8 years exp. (83 salaries)
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₹2 L/yr - ₹6.6 L/yr

arrow icon 6% more
Logo
Eviden Senior Associate Salary

2 - 8 years exp. (49 salaries)
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₹2.4 L/yr - ₹5.5 L/yr

arrow icon 7% less
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IKS Health Senior Associate Salary

1 - 6 years exp. (40 salaries)
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₹1.8 L/yr - ₹3.9 L/yr

arrow icon 32% less
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Sutherland Global Services Senior Associate Salary

1 - 11 years exp. (36 salaries)
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₹2.3 L/yr - ₹6.9 L/yr

arrow icon 2% more
 4 job openings
Senior Associate salary at SBI Life Insurance Company ranges between ₹2.6 Lakhs to ₹6.5 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 31 latest salaries received from various employees of SBI Life Insurance Company.

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

2d ago
₹6.2 Lakhs
11 years exp.
2w ago
₹4.3 Lakhs
4 years exp.
2mo ago
₹4 Lakhs
1 year exp.
6mo ago
₹4.7 Lakhs
10 years exp.
7mo ago
₹6.5 Lakhs
4 years exp.
8mo ago
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7 years exp.
9mo ago
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7 months exp.
11mo ago
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3 months exp.
1y ago
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9 years exp.
1y ago
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3 years exp.

Experience wise SBI Life Insurance Company Senior Associate salaries in Navi Mumbai

Last Updated: 9 Apr 2025

Experience Avg Annual Salary
Fresher  (3 salaries)

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₹3.8 L/yr - ₹7.3 L/yr
1 year  (5 salaries)

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₹3.2 L/yr - ₹7.4 L/yr
2 years  (5 salaries)

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₹2.6 L/yr - ₹4.6 L/yr
3 years  (5 salaries)

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₹3.8 L/yr - ₹5 L/yr
4 years  (3 salaries)

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₹3.5 L/yr - ₹6.5 L/yr
View all
SBI Life Insurance Company Senior Associate Salary and Career Growth

From

To

Senior Associate

₹unlock blur Lakhs/yr

0 - 11 years exp.

Zonal Area Manager

₹unlock blur Lakhs/yr

14 - 21 years exp.

Senior Associate

0 - 11 years exp.
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BDM

2 - 9 years exp.
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arrow icon 8% hike

Sr BDM

5 - 13 years exp.
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arrow icon 26% 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

Software Developer Salary
(4 salaries)
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₹2.4 L/yr - ₹5 L/yr
Web Developer Salary
(3 salaries)
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₹4 L/yr - ₹4 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

2.9

Rated by 8 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.

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

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

read more

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.

read more
  • 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.

read more
  • 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.

read more

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.

read more
  • Salary - Bad
    • +4 more
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 Salary FAQs

What is the salary of Senior Associate at SBI Life Insurance Company in Navi Mumbai?
The average salary of a Senior Associate at SBI Life Insurance Company in Navi Mumbai typically ranges from ₹2.6 Lakhs to ₹6.5 Lakhs per year, depending on experience (from Fresher to 11 years).

The top 10% of Senior Associate in Navi Mumbai at SBI Life Insurance Company earn more than ₹5.2 Lakhs per year, and the top 1% earn over ₹6.5 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 30+ SBI Life Insurance Company employees in India.
What is the estimated take home salary of a Senior Associate at SBI Life Insurance Company in Navi Mumbai?
The estimated take-home salary of a Senior Associate at SBI Life Insurance Company in Navi Mumbai typically ranges from ₹33,602 to ₹34,862 per month. This is based on the average salary range of ₹2.6 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from Fresher to 11 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 30+ 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 Navi Mumbai?
To be a Senior Associate at SBI Life Insurance Company in Navi Mumbai, 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?
SS&C TECHNOLOGIES ₹2.4 Lakhs to ₹10.3 Lakhs per year
State Street Syntel ₹2.0 Lakhs to ₹6.6 Lakhs per year
Sutherland Global Services ₹2.3 Lakhs to ₹6.9 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 Navi Mumbai?
The salary of a Senior Associate at companies similar to SBI Life Insurance Company in Navi Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Eviden ₹2.4 Lakhs to ₹5.5 Lakhs per year
IKS Health ₹1.8 Lakhs to ₹3.9 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 Navi Mumbai?
The salary growth for a Senior Associate at SBI Life Insurance Company in Navi Mumbai depends on factors such as experience, performance, and promotions. On average, a Senior Associate in Navi Mumbai can expect the following growth trajectory at SBI Life Insurance Company:

Experience Average Salary Range
Fresher ₹3.8 Lakhs to ₹7.3 Lakhs per year
1 year ₹3.2 Lakhs to ₹7.4 Lakhs per year
2 years ₹2.6 Lakhs to ₹4.6 Lakhs per year
3 years ₹3.8 Lakhs to ₹5.0 Lakhs per year
and so on.

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SBI Life Insurance Company Senior Associate salary in Navi Mumbai ranges between ₹2.6 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 31 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.