SBI Life Insurance Company Senior Operations Manager Salaries by 3 Employees (Updated 2025)

14 - 18 years exp.

₹14 Lakhs - ₹18 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

12% less than the average Senior Operations Manager Salary in Insurance Companies for 14 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Operations Manager Salary 15 years exp. (AmbitionBox Estimate)	₹16.2 L/yr - ₹19.8 L/yr
Customer Success, Service & Operations Senior Operations Manager Salary 18 years exp. (AmbitionBox Estimate)	₹13.1 L/yr - ₹16 L/yr
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Data Science & Analytics Senior Operations Manager Salary 14 years exp. (AmbitionBox Estimate)	₹12.6 L/yr - ₹15.4 L/yr

Last Updated: 17 Mar 2025

Companies similar to SBI Life Insurance Company for Senior Operations Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Senior Operations Manager Salary 7 - 16 years exp. (39 salaries)	₹6.2 L/yr - ₹12 L/yr 45% less
MetLife Senior Operations Manager Salary 13 - 18 years exp. (17 salaries)	₹20 L/yr - ₹35 L/yr 82% more
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Axis Max Life Insurance Senior Operations Manager Salary 12 - 17 years exp. (17 salaries)	₹8.2 L/yr - ₹17 L/yr 27% less
HDFC Life Senior Operations Manager Salary 3 - 17 years exp. (11 salaries)	₹5.9 L/yr - ₹11.4 L/yr 44% less
Tata AIA Life Insurance Senior Operations Manager Salary 6 - 17 years exp. (9 salaries)	₹11.7 L/yr - ₹21.5 L/yr 2% more
ICICI Prudential Life Insurance Senior Operations Manager Salary 13 - 20 years exp. (8 salaries)	₹10 L/yr - ₹19.8 L/yr 29% less
Kotak Mahindara Life Insurance Senior Operations Manager Salary 7 - 17 years exp. (8 salaries)	₹6 L/yr - ₹14.5 L/yr 43% less
HDFC Ergo General Insurance Senior Operations Manager Salary 10 - 20 years exp. (7 salaries)	₹8.5 L/yr - ₹18 L/yr 22% less
Reliance Nippon Life Insurance Senior Operations Manager Salary 14 - 21 years exp. (6 salaries)	₹9.7 L/yr - ₹19.5 L/yr 12% less
Shriram Life Insurance Senior Operations Manager Salary 9 - 19 years exp. (5 salaries)	₹9.5 L/yr - ₹12.3 L/yr 29% less
Gallagher Senior Operations Manager Salary 15 - 21 years exp. (5 salaries)	₹14 L/yr - ₹20 L/yr 13% more
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Principal Global Services Senior Operations Manager Salary 17 - 19 years exp. (5 salaries)	₹30 L/yr - ₹40 L/yr 127% more
Bajaj Allianz Life Insurance Senior Operations Manager Salary 11 - 16 years exp. (5 salaries)	₹16.1 L/yr - ₹23 L/yr 19% more
PNB MetLife Senior Operations Manager Salary 3 - 15 years exp. (5 salaries)	₹3.3 L/yr - ₹13 L/yr 49% less
Aditya Birla Sun Life Insurance Senior Operations Manager Salary 12 - 15 years exp. (4 salaries)	₹7 L/yr - ₹16.5 L/yr 25% less
Aditya Birla Health Insurance Co Senior Operations Manager Salary 10 - 13 years exp. (3 salaries)	₹8.7 L/yr - ₹12 L/yr 34% less

Senior Operations Manager salary at SBI Life Insurance Company ranges between ₹14 Lakhs to ₹18 Lakhs per year for employees with experience between 14 years to 18 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 Operations Manager salaries

Last Updated: 17 Mar 2025

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
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15+ years (AmbitionBox Estimate)	₹14.6 L/yr - ₹18.7 L/yr

Similar Designation salaries in SBI Life Insurance Company

Operations Manager Salary

(44 salaries)

₹3.6 L/yr - ₹13 L/yr

Department Manager Salary

(6 salaries)

₹2.5 L/yr - ₹4.25 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹7.7 L/yr - ₹9.8 L/yr

Relationship Manager Salary

(61 salaries)

₹2.5 L/yr - ₹6 L/yr

Customer Service Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Program Manager Salary

(3 salaries)

₹12.1 L/yr - ₹20 L/yr

Project Manager Salary

(7 salaries)

₹6.75 L/yr - ₹14.5 L/yr

Area Manager Salary

(246 salaries)

₹5.4 L/yr - ₹14.5 L/yr

Deputy Manager Salary

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₹2.2 L/yr - ₹10 L/yr

Team Manager Salary

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₹7.5 L/yr - ₹15 L/yr

Salary related reviews for SBI Life Insurance Company

4.0

Rated by 1 employees for salary & benefits

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

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

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.

Business Development Manager in Work Form Bank And Field

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 25 Sep 2023

1.0

for Salary and Benefits

Likes

Only Job Security,

Job security - Good

Dislikes

...hear from long time. Only due to not get any increment I have left the job..... You will hire new persons on higher package but you won't retain ur old employes on giving them some litter bit hike or increment. My humble request to you that plz take care of your old employes who are working on lower package or CTC, from long time...plz don't force them to leave the job due to lower Package... And plz start Rehiring. Lots of old employes are ready to work with sbilife Again.🙏

Salary - Bad

+3 more

Business Development Manager in Bangalore / Bengaluru

Sales Department

1.0

• posted on 12 May 2022

5.0

for Salary and Benefits

Likes

Salary before month end Brand Reputation

Salary - Excellent

+1 more

Dislikes

No personal life satisfaction Terrible AM behavior No felicitation No recognition Poor plans and costly Pressure will come like he'll If channel partners not supported even though we've to do business.. Less customer service at channel partner

Skill development - Poor

+2 more

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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 Operations Manager Salary FAQs

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

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

Experience	Average Salary Range
14 years	₹12.6 Lakhs to ₹16.1 Lakhs per year
15 years	₹14.6 Lakhs to ₹18.7 Lakhs per year

and so on.

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SBI Life Insurance Company Senior Operations Manager Salaries

SBI Life Insurance Company Senior Operations Manager salary in India ranges between ₹14 Lakhs to ₹18 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.