SBI Life Insurance Company Senior Business Executive Salaries by 4 Employees (Updated 2024)

4 - 8 years exp.

₹4 Lakhs - ₹4.3 Lakhs

Low Confidence

Salary of majority employees

13% less than the average Senior Business Executive Salary in Insurance Companies for 4 - 8 years of experience

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Salaries in different departments

Sales & Business Development Senior Business Executive Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹4.2 L/yr - ₹4.3 L/yr
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BFSI, Investments & Trading Senior Business Executive Salary 5 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.1 L/yr

Last Updated: 14 Apr 2024

Companies similar to SBI Life Insurance Company for Senior Business Executive

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance Senior Business Executive Salary 3 - 7 years exp. (4 salaries)	₹3.2 L/yr - ₹4.1 L/yr 9% less
Aditya Birla Sun Life Insurance Senior Business Executive Salary 4 - 6 years exp. (4 salaries)	₹2.7 L/yr - ₹3.5 L/yr 28% less
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Shriram Finance Senior Business Executive Salary 2 - 9 years exp. (158 salaries)	₹2.2 L/yr - ₹4 L/yr 22% less
IFB Senior Business Executive Salary 3 - 12 years exp. (60 salaries)	₹5.3 L/yr - ₹12.9 L/yr 102% more
Mahindra Finance Senior Business Executive Salary 4 - 9 years exp. (56 salaries)	₹2.2 L/yr - ₹4.9 L/yr 8% less

Senior Business Executive salary at SBI Life Insurance Company ranges between ₹4 Lakhs to ₹4.3 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Senior Business Executive salaries

Last Updated: 14 Apr 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4 L/yr - ₹7.5 L/yr
5 years (AmbitionBox Estimate)	₹4 L/yr - ₹7.5 L/yr
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6 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr
7 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.3 L/yr
8 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.3 L/yr

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Salary related reviews for SBI Life Insurance Company

4.5

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.

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is very slow

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

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.

Branch Manager in Kumta

BFSI, Investments & Trading Department

3.0

• posted on 18 Jun 2020

3.0

for Salary and Benefits

Likes

Salary hike 3 to 5 % per year.Providing petrol exp and telephone exp based on cader.

Dislikes

Lot of politics, no HR Control , career growth is slow, induction training will not conducted in proper time. No value and respect for out Commer. High volume pressure on target and mental irritation. No any value addition from reporting manager.

Head Human Resources in New Delhi

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 02 Dec 2024

2.0

for Salary and Benefits

Likes

Hr policy is very good of sbi life but Regional HR is Doll of Regional Director and Regional. Sbi life is a good Company like Government job for Back office employees like sales support, Operations department, Account Department, L&D Department and all Non Sales Employees. For Sales person QVP is Good if you have Good Branches and CIF

Dislikes

...e those persons who are working in other companies and switching multiple times. A New Employee can get salary more then those employees who are working here from last 8 Year. Due to state bank sbi life is working other there is no respect of sbi life. Promotion norm is very hard, Increment norms is very bed. Over all this company is only for Lucky person like if you got a great cif or branches a temporary staff can do business. Over all this is very bed company for sales person due to QVP people stay here if Company announced there is no QVP 80% of Employees will left this company.

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Salary -- Accepted Offer

I accepted an offer where they gave me around 120% hike on current salary, but 2 weeks later I got to know that there are paying other candidates more than me for the same role with even less experience. Can I reach out to HR for salary revision after accepting offer? I still have 3 weeks left for joining. *My interview went really well. But HR low balled just becuase of current salary

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SBI Life Insurance Company Senior Business Executive Salary FAQs

What is the salary of Senior Business Executive at SBI Life Insurance Company?

Senior Business Executive salary at SBI Life Insurance Company in India ranges between ₹4.0 Lakhs to ₹4.3 Lakhs for experience between 4 years to 8 years. According to our estimates it is 13% less than the average Senior Business Executive Salary in India. Salary estimates are based on 4 latest salaries received from various employees of SBI Life Insurance Company India.

How does the salary of a Senior Business Executive at SBI Life Insurance Company India compare with the average salary range for this job?

The average salary of a Senior Business Executive at SBI Life Insurance Company is 13% less than the average salary of a Senior Business Executive in India. To know exact salary insights, login to view.

Which similar companies are paying more than SBI Life Insurance Company to a Senior Business Executive in India?

IFB Senior Business Executive Salary - ₹5.3 Lakhs to ₹12.9 Lakhs per year

What is the salary of a Senior Business Executive in companies similar to SBI Life Insurance Company in India?

Mahindra Finance Senior Business Executive Salary - ₹2.2 Lakhs to ₹4.9 Lakhs per year
Bajaj Allianz Life Insurance Senior Business Executive Salary - ₹3.2 Lakhs to ₹4.1 Lakhs per year
Shriram Finance Senior Business Executive Salary - ₹2.2 Lakhs to ₹4.0 Lakhs per year
Aditya Birla Sun Life Insurance Senior Business Executive Salary - ₹2.7 Lakhs to ₹3.5 Lakhs per year

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

The estimated take-home salary of a Senior Business Executive at SBI Life Insurance Company ranges between ₹30,815 per month to ₹32,117 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Senior Business Executive salary in India which ranges between ₹4.0 Lakhs to ₹4.3 Lakhs per year for employees with experience between 4 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Senior Business Executive at SBI Life Insurance Company?

According to AmbitionBox, 71% of the SBI Life Insurance Company Senior Business Executives reported a notice period of 2 Months, 29% reported a notice period of 1 Month.This is based on 7 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Senior Business Executive Salaries

SBI Life Insurance Company Senior Business Executive salary in India ranges between ₹4 Lakhs to ₹4.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.