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SBI Life Insurance Company Senior Business Development Executive salaries in India (Updated 2025)

Annual salary range
1 - 10 years exp.
₹2.7 Lakhs - ₹5.4 Lakhs
Salary of majority employees
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Fixed (100%)
₹4.1 Lakhs
Variable (0%)
₹0.0
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26% less than the average Senior Business Development Executive Salary in Insurance Companies for 1 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Senior Business Development Executive Salary
1 - 10 years exp. (157 salaries)
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₹2.8 L/yr - ₹5.4 L/yr

Sales & Business Development
Senior Business Development Executive Salary
1 - 10 years exp. (81 salaries)
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₹2.7 L/yr - ₹5.1 L/yr

Customer Success, Service & Operations
Senior Business Development Executive Salary
1 - 10 years exp. (42 salaries)
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₹3 L/yr - ₹4.9 L/yr

Finance & Accounting
Senior Business Development Executive Salary
1 - 8 years exp. (27 salaries)
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₹3 L/yr - ₹5 L/yr

Marketing & Communication
Senior Business Development Executive Salary
1 - 7 years exp. (23 salaries)
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₹2.7 L/yr - ₹5.2 L/yr

Last Updated: 1 Mar 2025

Companies similar to SBI Life Insurance Company for Senior Business Development Executive

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₹4 L/yr - ₹5.5 L/yr

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₹4.3 L/yr - ₹4.5 L/yr

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₹2.4 L/yr - ₹6 L/yr

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₹3.4 L/yr - ₹7.2 L/yr

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₹3.4 L/yr - ₹8 L/yr

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₹4.9 L/yr - ₹6.8 L/yr

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₹3.2 L/yr - ₹7.5 L/yr

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₹3.8 L/yr - ₹6 L/yr

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Senior Business Development Executive salary at SBI Life Insurance Company ranges between ₹2.7 Lakhs to ₹5.4 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 433 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Senior Business Development Executive

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Experience wise SBI Life Insurance Company Senior Business Development Executive salaries

Last Updated: 1 Mar 2025

Experience Avg Annual Salary
1 year  (18 salaries)

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₹3.3 L/yr - ₹4.7 L/yr
2 years  (38 salaries)

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₹2.7 L/yr - ₹4.8 L/yr
3 years  (69 salaries)

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₹3 L/yr - ₹5 L/yr
4 years  (93 salaries)

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₹2.9 L/yr - ₹5.1 L/yr
5 years  (92 salaries)

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₹2.7 L/yr - ₹5.4 L/yr
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Similar Designation salaries in SBI Life Insurance Company

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₹2 L/yr - ₹4.5 L/yr
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₹4 L/yr - ₹5.4 L/yr
Business Development Officer Salary
(AmbitionBox Estimate)
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₹3.5 L/yr - ₹4.5 L/yr
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₹2.3 L/yr - ₹4.5 L/yr
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₹4.1 L/yr - ₹5.2 L/yr
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₹1.9 L/yr - ₹7 L/yr
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₹3.2 L/yr - ₹5.2 L/yr
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₹3 L/yr - ₹5 L/yr
Inside Sales Executive Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
Sales Executive Salary
(57 salaries)
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₹1 L/yr - ₹4.7 L/yr

Top skills at SBI Life Insurance Company for Senior Business Development Executive

Business Development Area Management bdm Channel Partners bde Sales

Salary related reviews for SBI Life Insurance Company

3.4

Rated by 187 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 09 Jun 2023

2.0
 for  Salary and Benefits

Likes

No positive to tell company not good salary not good supporting staff.

Dislikes

Treating very cheap to front line employees(Field workers).and also no support to superior s.. always blamed for front line employees.

read more
  • Salary - Poor
  • +4 more

BFSI, Investments & Trading Department

1.0
  •  posted on 31 May 2022

1.0
 for  Salary and Benefits

Likes

Work culture is worst in the whole world. Management is worst in the whole world specially salary deduction is the main culture in management just because of management mood I have proof for the same anyone can ask me for that I'll show you. As compare to other company working in India the company policies are also not good.

read more

Dislikes

...ted in managerial position at fatehpur in U.P. he behaves himself like superman. He deducts the salary without reason record voice calling of thier subordinates then blackmail them threat them for salary deduction and job loss etc.. etc.. etc.. That's why I request you all DON'T JOIN SBILIFE BEWARE OF SBILIFE. This is not a one man story it's a culture of sbilife. I personally faced all the things mentioned above it's not a story it's a fact of so called SBILIFE INSURANCE COMPANY LTD. THANK YOU JAI HIND JAI BHARAT

read more
  • Salary - Bad
  • +6 more

Sales Department

4.0
  •  posted on 24 Sep 2021

5.0
 for  Salary and Benefits

Likes

Very good job security, salary on time. QVP is good. Promotion criteria is fully transparent upto Senior BDM level.

read more
  • Salary - Excellent
  • +2 more

Dislikes

Company is very good but some senior person are pulling down its reputation. Specially in Bhopal circle, seniors like Deputy RM, ZAM put excessive pressure to sell only one specific product. Too much Whatsapp groups. There are too much "Yes Sir" man here. Conference calls and training only conducted on weekends.

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  • Company culture - Poor
  • +1 more

Sales & Marketing Department

1.0
  •  posted on 20 Oct 2021

1.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

...r not selling particular product which they say and their is no much benefit.... Lesser salary more working hours and HR department is not strong .... I feel school kind of office like punishment and unofficial words .... Please do not join this company and worst company ever

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  • Salary - Bad
  • +6 more

BANCASSURANCE(LIFE INSURANCE) Department

4.0
  •  posted on 02 Dec 2017

4.0
 for  Salary and Benefits

Likes

This company is well inovative and career growth in this compny is average....There is a little bit of Job security , salary and appraisal is good...Frequent traveling...No politics...work environment is average....Work life balance is good...

read more
  • Salary - Good
  • +3 more

Dislikes

Frequent traveling

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SBI Life Insurance Company Senior Business Development Executive Salary FAQs

What is the salary of Senior Business Development Executive at SBI Life Insurance Company?
Senior Business Development Executive salary at SBI Life Insurance Company in India ranges between ₹2.7 Lakhs to ₹5.4 Lakhs for experience between 1 years to 10 years. According to our estimates it is 26% less than the average Senior Business Development Executive Salary in India. Salary estimates are based on 433 latest salaries received from various employees of SBI Life Insurance Company India.
How does the salary of a Senior Business Development Executive at SBI Life Insurance Company India compare with the average salary range for this job?
The average salary of a Senior Business Development Executive at SBI Life Insurance Company is 26% less than the average salary of a Senior Business Development Executive in India. To know exact salary insights, login to view.
What are the top skills required to work as a Senior Business Development Executive at SBI Life Insurance Company?
Business Development, Area Management, bdm, Channel Partners and bde are some of the popular skills required to work as a Senior Business Development Executive at SBI Life Insurance Company India.
Which similar companies are paying more than SBI Life Insurance Company to a Senior Business Development Executive in India?
  • Bajaj Allianz General Insurance Senior Business Development Executive Salary - ₹4.9 Lakhs to ₹6.8 Lakhs per year
  • ICICI Lombard General Insurance Company Senior Business Development Executive Salary - ₹3.4 Lakhs to ₹8.0 Lakhs per year
  • PNB MetLife Senior Business Development Executive Salary - ₹3.2 Lakhs to ₹7.5 Lakhs per year
  • Bharti AXA Life Insurance Senior Business Development Executive Salary - ₹3.4 Lakhs to ₹7.2 Lakhs per year
  • SBI General Insurance Senior Business Development Executive Salary - ₹3.8 Lakhs to ₹6.0 Lakhs per year
What is the salary of a Senior Business Development Executive in companies similar to SBI Life Insurance Company in India?
  • Kotak Mahindara Life Insurance Senior Business Development Executive Salary - ₹2.4 Lakhs to ₹6.0 Lakhs per year
  • HDFC Life Senior Business Development Executive Salary - ₹4.0 Lakhs to ₹5.5 Lakhs per year
  • Bajaj Allianz Life Insurance Senior Business Development Executive Salary - ₹4.3 Lakhs to ₹4.5 Lakhs per year
What is the estimated take home salary of a Senior Business Development Executive at SBI Life Insurance Company in India?
The estimated take-home salary of a Senior Business Development Executive at SBI Life Insurance Company ranges between ₹30,350 per month to ₹31,659 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Senior Business Development Executive salary in India which ranges between ₹2.7 Lakhs to ₹5.4 Lakhs per year for employees with experience between 1 years to 10 years. Check how did we calculate take home salary?
What is the notice period for Senior Business Development Executive at SBI Life Insurance Company?
According to AmbitionBox, 44% of the SBI Life Insurance Company Senior Business Development Executives reported a notice period of 1 Month, 37% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 612 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Senior Business Development Executive salary in India ranges between ₹2.7 Lakhs to ₹5.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 433 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.