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SBI Life Insurance Company Senior Executive salaries in Hyderabad / Secunderabad (Updated 2025)

Annual salary range
3 - 9 years exp.
₹3.2 Lakhs - ₹4.3 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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36% less than the average Senior Executive Salary in Insurance Companies for 3 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Senior Executive Salary
5 - 8 years exp. (3 salaries)
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₹3.3 L/yr - ₹3.9 L/yr

Customer Success, Service & Operations
Senior Executive Salary
7 - 9 years exp. (3 salaries)
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₹3.2 L/yr - ₹3.6 L/yr

Finance & Accounting
Senior Executive Salary
3 years exp. (AmbitionBox Estimate)
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₹3.3 L/yr - ₹4.3 L/yr

Last Updated: 19 Jan 2025

Companies similar to SBI Life Insurance Company for Senior Executive in Hyderabad / Secunderabad

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SBI Life Insurance Company Senior Executive Salary

3 - 9 years exp. (12 salaries)

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₹3.2 L/yr - ₹4.3 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Shriram Life Insurance Senior Executive Salary

2 - 8 years exp. (132 salaries)

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₹2 L/yr - ₹5 L/yr

arrow icon 3% less
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₹2.9 L/yr - ₹5.3 L/yr

arrow icon 16% more
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₹4 L/yr - ₹7.2 L/yr

arrow icon 55% more
7 job openings
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₹1.8 L/yr - ₹5.2 L/yr

arrow icon 9% more
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₹2.2 L/yr - ₹5.5 L/yr

arrow icon 11% more
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₹2.4 L/yr - ₹5 L/yr

arrow icon 28% more
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₹2.8 L/yr - ₹3.6 L/yr

arrow icon 15% less
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HDFC Life Senior Executive Salary

4 - 7 years exp. (5 salaries)

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₹3 L/yr - ₹4 L/yr

arrow icon 6% more
Senior Executive salary at SBI Life Insurance Company ranges between ₹3.2 Lakhs to ₹4.3 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 12 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Senior Executive in Hyderabad / Secunderabad

2mo ago
₹3.2 Lakhs
9 years exp.
2mo ago
₹3.3 Lakhs
7 years exp.
7mo ago
₹4.3 Lakhs
3 years exp.
8mo ago
₹3.3 Lakhs
5 years exp.
10mo ago
₹3.2 Lakhs
7 years exp.
1y ago
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4 years exp.
1y ago
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6 years exp.

Experience wise SBI Life Insurance Company Senior Executive salaries in Hyderabad / Secunderabad

Last Updated: 19 Jan 2025

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹4 L/yr
4 years  (3 salaries)

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₹3.3 L/yr - ₹4 L/yr
5 years  (3 salaries)

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₹3.3 L/yr - ₹3.8 L/yr
6 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.2 L/yr
7 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.2 L/yr
View all
SBI Life Insurance Company Senior Executive Salary and Career Growth

From

To

Senior Executive

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0 - 9 years exp.

Senior Manager

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5 - 14 years exp.

Senior Executive

0 - 9 years exp.
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Assistant Manager

0 - 17 years exp.
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arrow icon 82% hike

Manager

3 - 20 years exp.
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arrow icon 38% hike

From

To

Senior Executive

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0 - 9 years exp.

Associate Vice President

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9 - 20 years exp.

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

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₹2.35 L/yr - ₹6 L/yr

Salary related reviews for SBI Life Insurance Company

BFSI, Investments & Trading Department

5.0
  •  posted on 04 Apr 2018

5.0
 for  Salary and Benefits

Likes

...ronment and work life balance is good. As it is a brand job is secured till now.salary and appraisal process is good.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Transfer process is not good as per salary payment.

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.

read more
  • Skill development - Poor
  • +4 more

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

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

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
see more salary related reviews

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SBI Life Insurance Company Senior Executive Salary FAQs

What is the salary of Senior Executive at SBI Life Insurance Company in Hyderabad / Secunderabad?
The average salary of a Senior Executive at SBI Life Insurance Company in Hyderabad / Secunderabad typically ranges from ₹3.2 Lakhs to ₹4.3 Lakhs per year, depending on experience (from 3 years to 9 years).

The top 10% of Senior Executive in Hyderabad / Secunderabad at SBI Life Insurance Company earn more than ₹4.1 Lakhs per year, and the top 1% earn over ₹4.3 Lakhs per year. Senior Executive 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 10+ SBI Life Insurance Company employees in India.
What is the estimated take home salary of a Senior Executive at SBI Life Insurance Company in Hyderabad / Secunderabad?
The estimated take-home salary of a Senior Executive at SBI Life Insurance Company in Hyderabad / Secunderabad typically ranges from ₹26,082 to ₹27,505 per month. This is based on the average salary range of ₹3.2 Lakhs to ₹4.3 Lakhs per year for employees with experience ranging from 3 years to 9 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 10+ salaries received from various employees of SBI Life Insurance Company. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than SBI Life Insurance Company for Senior Executive in India?
Bajaj Allianz General Insurance ₹4.0 Lakhs to ₹7.2 Lakhs per year
Bajaj Allianz Life Insurance ₹2.4 Lakhs to ₹5.0 Lakhs per year
HDFC Ergo General Insurance ₹2.9 Lakhs to ₹5.3 Lakhs per year
ICICI Lombard General Insurance Company ₹2.2 Lakhs to ₹5.5 Lakhs per year
Star Health & Allied Insurance ₹1.8 Lakhs to ₹5.2 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 Executive in companies similar to SBI Life Insurance Company in Hyderabad / Secunderabad?
The salary of a Senior Executive at companies similar to SBI Life Insurance Company in Hyderabad / Secunderabad varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Life ₹3.0 Lakhs to ₹4.0 Lakhs per year
Shriram Life Insurance ₹2.0 Lakhs to ₹5.0 Lakhs per year
Aditya Birla Sun Life Insurance ₹2.8 Lakhs to ₹3.6 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 Executive at SBI Life Insurance Company in Hyderabad / Secunderabad?
The salary growth for a Senior Executive at SBI Life Insurance Company in Hyderabad / Secunderabad depends on factors such as experience, performance, and promotions. On average, a Senior Executive in Hyderabad / Secunderabad can expect the following growth trajectory at SBI Life Insurance Company:

Experience Average Salary Range
3 years ₹3.1 Lakhs to ₹4.0 Lakhs per year
4 years ₹3.3 Lakhs to ₹4.0 Lakhs per year
5 years ₹3.3 Lakhs to ₹3.8 Lakhs per year
6 years ₹3.3 Lakhs to ₹4.2 Lakhs per year
and so on.

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SBI Life Insurance Company Senior Executive salary in Hyderabad / Secunderabad ranges between ₹3.2 Lakhs to ₹4.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 12 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.