SBI Life Insurance Company Senior Business Sales Manager Salaries by 2 Employees (Updated 2025)

7 - 11 years exp.

₹6.9 Lakhs - ₹8.8 Lakhs

Low Confidence

Salary of majority employees

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Salaries in different departments

BFSI, Investments & Trading Senior Business Sales Manager Salary 11 years exp. (AmbitionBox Estimate)	₹10.5 L/yr - ₹12.9 L/yr
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Sales & Business Development Senior Business Sales Manager Salary 7 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr

Last Updated: 22 Jan 2025

Companies similar to SBI Life Insurance Company for Senior Business Sales Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance Senior Business Sales Manager Salary 2 - 11 years exp. (350 salaries)	₹3.3 L/yr - ₹5.5 L/yr 41% less
Bajaj Allianz General Insurance Senior Business Sales Manager Salary 1 - 7 years exp. (7 salaries)	₹3 L/yr - ₹4.4 L/yr 52% less
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Bajaj Allianz Senior Business Sales Manager Salary 3 - 9 years exp. (16 salaries)	₹3.3 L/yr - ₹5 L/yr 43% less
Star Union Dai-ichi Life Insurance Senior Business Sales Manager Salary 11 - 16 years exp. (7 salaries)	₹6 L/yr - ₹8 L/yr 11% less
UNIGLOBE Indica Travel Senior Business Sales Manager Salary 24 - 27 years exp. (3 salaries)	₹9 L/yr - ₹12 L/yr 40% more

Senior Business Sales Manager salary at SBI Life Insurance Company ranges between ₹6.9 Lakhs to ₹8.8 Lakhs per year for employees with experience between 7 years to 11 years. Salary estimates are based on 2 latest salaries received from various employees of SBI Life Insurance Company.

Similar Designation salaries in SBI Life Insurance Company

Business Sales Manager Salary

(AmbitionBox Estimate)

₹4.2 L/yr - ₹5.4 L/yr

Senior Business Development Manager Salary

(236 salaries)

₹3 L/yr - ₹8.52 L/yr

Assistant Sales Manager Salary

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₹1.88 L/yr - ₹6.5 L/yr

Associate Sales Manager Salary

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₹3.1 L/yr - ₹3.75 L/yr

Deputy Sales Manager Salary

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₹3 L/yr - ₹7 L/yr

Senior Relationship Manager Salary

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₹3.25 L/yr - ₹5.5 L/yr

Senior Corporate Agency Manager Salary

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₹3.5 L/yr - ₹4.3 L/yr

Business Development Manager Salary

(924 salaries)

₹1.9 L/yr - ₹7 L/yr

Sales Manager Salary

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₹1.2 L/yr - ₹5.6 L/yr

Deputy Cluster Manager Salary

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₹6.1 L/yr - ₹7.8 L/yr

Salary related reviews for SBI Life Insurance Company

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

Senior Business Development Executive in Ongole

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.

Salary - Poor

+4 more

Business Development Manager in Rajkot

Full Time

Sales & Business Development Department

3.0

• posted on 01 Feb 2023

2.0

for Salary and Benefits

Likes

Company culture is very bad only pressure nothing or

Dislikes

Official working days me bhi office bulate hain aur bill pay nahi karte hain personal life jaish kuchh nahi rehta hain aur morning 7:00am zoom start kar dete hain

Salary - Poor

+6 more

Senior Business Development Manager in Katni

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 20 Apr 2022

2.0

for Salary and Benefits

Likes

Best brand in insurance sector..well known..

Skill development - Good

+4 more

Dislikes

Salary is low as per targets given by company..incentives are good but company has to think for good salary as well.. Products is not up to the mark as per market competition.

Salary - Poor

Business Development Manager in Jaipur

Full Time

Sels Department

5.0

• posted on 12 Apr 2021

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 good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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SBI Life Insurance Company Senior Business Sales Manager Salary FAQs

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

According to AmbitionBox, 100% of the SBI Life Insurance Company Senior Business Sales Managers reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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SBI Life Insurance Company Senior Business Sales Manager Salaries

SBI Life Insurance Company Senior Business Sales Manager salary in India ranges between ₹6.9 Lakhs to ₹8.8 Lakhs. This is an estimate based on latest salaries received from employees of SBI Life Insurance Company.