SBI Life Insurance Company Senior Unit Manager Salaries by 5 Employees

3 - 13 years exp.

₹3.1 Lakhs - ₹6.6 Lakhs

Low Confidence

Salary of majority employees

63% less than the average Senior Unit Manager Salary in Insurance Companies for 3 - 13 years of experience

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Salaries in different departments

Sales & Business Development Senior Unit Manager Salary 11 - 13 years exp. (3 salaries)	₹5.4 L/yr - ₹6.6 L/yr
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BFSI, Investments & Trading Senior Unit Manager Salary 8 years exp. (AmbitionBox Estimate)	₹4.7 L/yr - ₹5.7 L/yr

Last Updated: 12 Mar 2024

Companies similar to SBI Life Insurance Company for Senior Unit Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Senior Unit Manager Salary 3 - 8 years exp. (6 salaries)	₹5.1 L/yr - ₹7.2 L/yr 30% more
Aditya Birla Sun Life Insurance Senior Unit Manager Salary 1 - 4 years exp. (5 salaries)	₹2.2 L/yr - ₹2.6 L/yr 51% less
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MetLife Senior Unit Manager Salary 9 - 15 years exp. (4 salaries)	₹17 L/yr - ₹28 L/yr 363% more
Shriram Life Insurance Senior Unit Manager Salary 1 - 5 years exp. (3 salaries)	₹3 L/yr - ₹4.3 L/yr 22% less
Bajaj Finserv Senior Unit Manager Salary 3 - 11 years exp. (308 salaries)	₹6.7 L/yr - ₹24 L/yr 242% more

Senior Unit Manager salary at SBI Life Insurance Company ranges between ₹3.1 Lakhs to ₹6.6 Lakhs per year for employees with experience between 3 years to 13 years. Salary estimates are based on 5 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Senior Unit Manager salaries

Last Updated: 12 Mar 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.1 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
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5 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
6 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.7 L/yr
7 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
8 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5.2 L/yr
9 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹5.9 L/yr
10 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
11 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹10.6 L/yr
12 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.6 L/yr
13 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹6.6 L/yr

View all

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Salary related reviews for SBI Life Insurance Company

3.0

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

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

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.

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

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SBI Life Insurance Company Senior Unit Manager Salary FAQs

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

The average salary of a Senior Unit Manager at SBI Life Insurance Company in India typically ranges from ₹3.1 Lakhs to ₹6.6 Lakhs per year, depending on experience (from 3 years to 13 years).

The top 10% of Senior Unit Manager at SBI Life Insurance Company earn more than ₹6.6 Lakhs per year, and the top 1% earn over ₹6.6 Lakhs per year. Senior Unit Manager 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 5 SBI Life Insurance Company employees in India.

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

The estimated take-home salary of a Senior Unit Manager at SBI Life Insurance Company in India typically ranges from ₹36,006 to ₹37,231 per month. This is based on the average salary range of ₹3.1 Lakhs to ₹6.6 Lakhs per year for employees with experience ranging from 3 years to 13 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 5 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 Unit Manager in India?

MetLife	₹17.0 Lakhs to ₹28.0 Lakhs per year
Bajaj Finserv	₹6.7 Lakhs to ₹24.0 Lakhs per year
ICICI Lombard General Insurance Company	₹5.1 Lakhs to ₹7.2 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 Unit Manager in companies similar to SBI Life Insurance Company in India?

The salary of a Senior Unit Manager at companies similar to SBI Life Insurance Company in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Shriram Life Insurance	₹3.0 Lakhs to ₹4.3 Lakhs per year
Aditya Birla Sun Life Insurance	₹2.2 Lakhs to ₹2.6 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 Unit Manager at SBI Life Insurance Company in India?

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

Experience	Average Salary Range
3 years	₹3.1 Lakhs to ₹3.1 Lakhs per year
4 years	₹3.0 Lakhs to ₹3.8 Lakhs per year
5 years	₹3.3 Lakhs to ₹4.2 Lakhs per year
6 years	₹3.6 Lakhs to ₹4.7 Lakhs per year

and so on.

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SBI Life Insurance Company Senior Unit Manager Salaries

SBI Life Insurance Company Senior Unit Manager salary in India ranges between ₹3.1 Lakhs to ₹6.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.