SBI Life Insurance Company Senior Sales Manager Salaries by 4 Employees (Updated 2025)

9 - 16 years exp.

₹3.4 Lakhs - ₹4.5 Lakhs

Low Confidence

Salary of majority employees

60% less than the average Senior Sales Manager Salary in Insurance Companies for 9 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Sales Manager Salary 14 years exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹3.7 L/yr
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Sales & Business Development Senior Sales Manager Salary 9 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5 L/yr

Last Updated: 19 Aug 2023

Companies similar to SBI Life Insurance Company for Senior Sales Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Senior Sales Manager Salary 0 - 10 years exp. (32 salaries)	₹3.3 L/yr - ₹8.1 L/yr 8% more
HDFC Life Senior Sales Manager Salary 4 - 13 years exp. (217 salaries)	₹2.3 L/yr - ₹8 L/yr 51% more	1 job opening
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Max Life Insurance Senior Sales Manager Salary 4 - 13 years exp. (19 salaries)	₹4.4 L/yr - ₹7.5 L/yr 31% more
Bajaj Allianz Life Insurance Senior Sales Manager Salary 0 - 8 years exp. (157 salaries)	₹2.4 L/yr - ₹4.5 L/yr 23% less	2 job openings
Kotak Mahindara Life Insurance Senior Sales Manager Salary 1 - 11 years exp. (60 salaries)	₹3 L/yr - ₹6.8 L/yr 19% more
Reliance Nippon Life Insurance Senior Sales Manager Salary 1 - 10 years exp. (58 salaries)	₹2.3 L/yr - ₹5 L/yr 22% less
Tata AIA Life Insurance Senior Sales Manager Salary 4 - 11 years exp. (30 salaries)	₹3.5 L/yr - ₹9 L/yr 46% more
Aditya Birla Sun Life Insurance Senior Sales Manager Salary 0 - 12 years exp. (76 salaries)	₹2 L/yr - ₹10.7 L/yr 42% more
PNB MetLife Senior Sales Manager Salary 2 - 12 years exp. (63 salaries)	₹3 L/yr - ₹5.7 L/yr 6% more
Aditya Birla Health Insurance Co Senior Sales Manager Salary 2 - 10 years exp. (295 salaries)	₹3.3 L/yr - ₹6.3 L/yr 17% more
Bajaj Allianz General Insurance Senior Sales Manager Salary 4 - 11 years exp. (233 salaries)	₹3 L/yr - ₹9 L/yr 29% more	21 job openings
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ICICI Lombard General Insurance Company Senior Sales Manager Salary 4 - 17 years exp. (142 salaries)	₹3.5 L/yr - ₹14.5 L/yr 111% more
Star Health & Allied Insurance Senior Sales Manager Salary 5 - 15 years exp. (61 salaries)	₹2.9 L/yr - ₹10.2 L/yr 63% more
HDFC Ergo General Insurance Senior Sales Manager Salary 4 - 10 years exp. (15 salaries)	₹3.6 L/yr - ₹9.5 L/yr 12% more
SBI General Insurance Senior Sales Manager Salary 3 - 11 years exp. (14 salaries)	₹4.4 L/yr - ₹6.2 L/yr 31% more
Shriram Life Insurance Senior Sales Manager Salary 2 - 16 years exp. (7 salaries)	₹2.5 L/yr - ₹8 L/yr 17% more
MetLife Senior Sales Manager Salary 3 - 6 years exp. (4 salaries)	₹2 L/yr - ₹4.5 L/yr 16% less

Senior Sales Manager salary at SBI Life Insurance Company ranges between ₹3.4 Lakhs to ₹4.5 Lakhs per year for employees with experience between 9 years to 16 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 Sales Manager salaries

Last Updated: 19 Aug 2023

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.5 L/yr
10 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
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11 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr
12 years (AmbitionBox Estimate)	₹4 L/yr - ₹7.4 L/yr
13 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
14 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹7.3 L/yr
15+ years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4 L/yr

View all

Similar Designation salaries in SBI Life Insurance Company

Zonal Sales Manager Salary

(7 salaries)

₹18 L/yr - ₹30 L/yr

Territory Sales Manager Salary

(11 salaries)

₹4.87 L/yr - ₹6 L/yr

Area Sales Manager Salary

(17 salaries)

₹3.75 L/yr - ₹13.5 L/yr

Regional Manager Salary

(6 salaries)

₹30 L/yr - ₹39.09 L/yr

Sales Manager Salary

(84 salaries)

₹1.2 L/yr - ₹5.6 L/yr

Assistant Sales Manager Salary

(4 salaries)

₹1.88 L/yr - ₹8 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹7.7 L/yr - ₹9.8 L/yr

Senior Sales Executive Salary

(6 salaries)

₹3.2 L/yr - ₹5.2 L/yr

Branch Manager Salary

(169 salaries)

₹6.5 L/yr - ₹15.7 L/yr

Area Manager Salary

(222 salaries)

₹4.6 L/yr - ₹14.21 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

Area Sales Manager in Vijayawada

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 05 Aug 2023

5.0

for Salary and Benefits

Likes

I am so Proud to say Working this organisation last 4years. i got a two promotions last two years.

Salary - Excellent

+6 more

Dislikes

I expecting Long time Vintage Employes Expect Minimum Salary hike. because Now a days out side companies giving a more salary hikes Vintage persons so Our Company giving a minimum hikes of Vintage Employes it will so benefit and no one live Our Company.

Business Development Executive in Gangtok

Full Time

Marketing & Communication Department

4.0

• posted on 13 Sep 2023

5.0

for Salary and Benefits

Likes

very good company with good oppurtunities and good pay

Salary - Excellent

+4 more

Dislikes

management is not so good,specially our managers always threatning for resign and salary hold.company needs to fix this kind of problems for their employee to work with full motivation

Job security - 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

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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SBI Life Insurance Company Senior Sales Manager Salary FAQs

What is the salary of Senior Sales Manager at SBI Life Insurance Company?

Senior Sales Manager salary at SBI Life Insurance Company in India ranges between ₹3.4 Lakhs to ₹4.5 Lakhs for experience between 9 years to 16 years. According to our estimates it is 60% less than the average Senior Sales Manager 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 Sales Manager at SBI Life Insurance Company India compare with the average salary range for this job?

The average salary of a Senior Sales Manager at SBI Life Insurance Company is 60% less than the average salary of a Senior Sales Manager in India. To know exact salary insights, login to view.

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

ICICI Lombard General Insurance Company Senior Sales Manager Salary - ₹3.5 Lakhs to ₹14.5 Lakhs per year
Star Health & Allied Insurance Senior Sales Manager Salary - ₹2.9 Lakhs to ₹10.2 Lakhs per year
HDFC Life Senior Sales Manager Salary - ₹2.3 Lakhs to ₹8.0 Lakhs per year
Tata AIA Life Insurance Senior Sales Manager Salary - ₹3.5 Lakhs to ₹9.0 Lakhs per year
Aditya Birla Sun Life Insurance Senior Sales Manager Salary - ₹2.0 Lakhs to ₹10.7 Lakhs per year

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

Max Life Insurance Senior Sales Manager Salary - ₹4.4 Lakhs to ₹7.5 Lakhs per year
SBI General Insurance Senior Sales Manager Salary - ₹4.4 Lakhs to ₹6.2 Lakhs per year
Bajaj Allianz General Insurance Senior Sales Manager Salary - ₹3.0 Lakhs to ₹9.0 Lakhs per year
Kotak Mahindara Life Insurance Senior Sales Manager Salary - ₹3.0 Lakhs to ₹6.8 Lakhs per year
Aditya Birla Health Insurance Co Senior Sales Manager Salary - ₹3.3 Lakhs to ₹6.3 Lakhs per year

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

The estimated take-home salary of a Senior Sales Manager at SBI Life Insurance Company ranges between ₹30,779 per month to ₹32,081 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Senior Sales Manager salary in India which ranges between ₹3.4 Lakhs to ₹4.5 Lakhs per year for employees with experience between 9 years to 16 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 40% of the SBI Life Insurance Company Senior Sales Managers reported a notice period of 1 Month, 40% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Senior Sales Manager Salaries

SBI Life Insurance Company Senior Sales Manager salary in India ranges between ₹3.4 Lakhs to ₹4.5 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.