SBI Life Insurance Company Senior Executive Officer Salaries by 3 Employees (Updated 2025)

8 - 10 years exp.

₹4.1 Lakhs - ₹5.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

At par with the average Senior Executive Officer Salary in Insurance Companies for 8 - 10 years of experience

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Last Updated: 2 Apr 2025

Companies similar to SBI Life Insurance Company for Senior Executive Officer

Company name	Avg Annual Salary	Open Jobs
HDFC Ergo General Insurance Senior Executive Officer Salary 2 - 7 years exp. (14 salaries)	₹3 L/yr - ₹6 L/yr 9% less
Star Health & Allied Insurance Senior Executive Officer Salary 4 - 9 years exp. (14 salaries)	₹2.9 L/yr - ₹4.6 L/yr 10% less
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Shriram Life Insurance Senior Executive Officer Salary 0 - 6 years exp. (7 salaries)	₹2.4 L/yr - ₹3.9 L/yr 33% less
Bajaj Allianz General Insurance Senior Executive Officer Salary 3 - 9 years exp. (7 salaries)	₹5 L/yr - ₹5.9 L/yr 30% more
Bajaj Allianz Life Insurance Senior Executive Officer Salary 2 - 7 years exp. (6 salaries)	₹3.4 L/yr - ₹5.3 L/yr 2% less
PNB MetLife Senior Executive Officer Salary 4 - 9 years exp. (6 salaries)	₹2.8 L/yr - ₹4.1 L/yr 21% less
Reliance Nippon Life Insurance Senior Executive Officer Salary 2 - 9 years exp. (4 salaries)	₹1.9 L/yr - ₹12 L/yr 12% more
Tata AIA Life Insurance Senior Executive Officer Salary 5 - 11 years exp. (4 salaries)	₹4.5 L/yr - ₹6.1 L/yr 2% more
SBI General Insurance Senior Executive Officer Salary 5 - 7 years exp. (4 salaries)	₹4.5 L/yr - ₹5.5 L/yr 11% more
ICICI Lombard General Insurance Company Senior Executive Officer Salary 1 - 9 years exp. (4 salaries)	₹2.5 L/yr - ₹8.3 L/yr 6% more
Aditya Birla Sun Life Insurance Senior Executive Officer Salary 1 - 3 years exp. (4 salaries)	₹2.5 L/yr - ₹3.2 L/yr 30% less
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Senior Executive Officer salary at SBI Life Insurance Company ranges between ₹4.1 Lakhs to ₹5.2 Lakhs per year for employees with experience between 8 years to 10 years. Salary estimates are based on 3 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Senior Executive Officer salaries

Last Updated: 2 Apr 2025

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
9 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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10 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr

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Salary related reviews for SBI Life Insurance Company

4.0

Rated by 1 employees for salary & benefits

Management Trainee in Kolkata

Full Time

Sales & Business Development Department

3.0

• posted on 02 Nov 2023

4.0

for Salary and Benefits

Likes

Salary and benefits are supportive.

Salary - Good

+1 more

Dislikes

No work life balance. The sales team pushes things like hell specially in the eastern region of the country. Third Saturday is a leave according to the company's leave policies but we don't get that leave.

Skill development - Poor

+4 more

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

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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 Executive Officer Salary FAQs

How the salary growth look like for a Senior Executive Officer at SBI Life Insurance Company in India?

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

Experience	Average Salary Range
8 years	₹4.1 Lakhs to ₹5.2 Lakhs per year
9 years	₹4.1 Lakhs to ₹5.2 Lakhs per year
10 years	₹4.1 Lakhs to ₹5.2 Lakhs per year

and so on.

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SBI Life Insurance Company Senior Executive Officer Salaries

SBI Life Insurance Company Senior Executive Officer salary in India ranges between ₹4.1 Lakhs to ₹5.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.