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SBI Life Insurance Company Team Lead salaries in India (Updated 2025)

Annual salary range
1 - 13 years exp.
₹2.3 Lakhs - ₹6 Lakhs
Salary of majority employees
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Fixed (95%)
₹3.3 Lakhs
Variable (5%)
₹0.2 Lakh
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61% less than the average Team Lead Salary in Insurance Companies for 1 - 13 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Team Lead Salary
1 - 8 years exp. (3 salaries)
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₹2.4 L/yr - ₹4.1 L/yr

Sales & Business Development
Team Lead Salary
4 - 13 years exp. (3 salaries)
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₹3 L/yr - ₹4.2 L/yr

Finance & Accounting
Team Lead Salary
1 - 4 years exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.9 L/yr

IT & Information Security
Team Lead Salary
8 - 9 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹4.8 L/yr

Last Updated: 4 Jan 2025

Companies similar to SBI Life Insurance Company for Team Lead

Company name Avg Annual Salary Open Jobs
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MetLife Team Lead Salary

3 - 12 years exp. (430 salaries)

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₹5 L/yr - ₹19.2 L/yr

arrow icon 233% more
1 job opening
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₹1.1 L/yr - ₹8.5 L/yr

arrow icon 9% more
1 job opening
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Star Health & Allied Insurance Team Lead Salary

2 - 10 years exp. (125 salaries)

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₹2 L/yr - ₹6.1 L/yr

arrow icon 15% more
1 job opening
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₹1.9 L/yr - ₹9 L/yr

arrow icon 30% more
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HDFC Life Team Lead Salary

0 - 8 years exp. (58 salaries)

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₹1.4 L/yr - ₹8.5 L/yr

arrow icon 6% more
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Shriram Life Insurance Team Lead Salary

2 - 9 years exp. (52 salaries)

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₹2.4 L/yr - ₹5.5 L/yr

arrow icon 18% more
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Bajaj Allianz Life Insurance Team Lead Salary

1 - 7 years exp. (46 salaries)

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₹1.8 L/yr - ₹7.3 L/yr

arrow icon 10% more
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Reliance Nippon Life Insurance Team Lead Salary

0 - 11 years exp. (43 salaries)

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₹2.4 L/yr - ₹4.6 L/yr

At par
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HDFC Ergo General Insurance Team Lead Salary

2 - 11 years exp. (43 salaries)

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₹2.5 L/yr - ₹5.4 L/yr

arrow icon 29% more
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Tata AIA Life Insurance Team Lead Salary

0 - 15 years exp. (34 salaries)

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₹2 L/yr - ₹9 L/yr

arrow icon 51% more
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Kotak Mahindara Life Insurance Team Lead Salary

2 - 10 years exp. (34 salaries)

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₹1.2 L/yr - ₹7 L/yr

arrow icon 7% more
1 job opening
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₹1.5 L/yr - ₹8.8 L/yr

arrow icon 19% more
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Axis Max Life Insurance Team Lead Salary

0 - 8 years exp. (21 salaries)

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₹2.6 L/yr - ₹9 L/yr

arrow icon 17% more
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SBI General Insurance Team Lead Salary

2 - 12 years exp. (19 salaries)

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₹2.8 L/yr - ₹5.5 L/yr

arrow icon 21% more
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Principal Global Services Team Lead Salary

3 - 13 years exp. (18 salaries)

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₹10.7 L/yr - ₹23.4 L/yr

arrow icon 296% more
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₹1.4 L/yr - ₹4 L/yr

arrow icon 15% less
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₹4 L/yr - ₹7.4 L/yr

arrow icon 42% more
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Gallagher Team Lead Salary

8 - 16 years exp. (12 salaries)

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₹4.3 L/yr - ₹17.2 L/yr

arrow icon 190% more
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PNB MetLife Team Lead Salary

1 - 9 years exp. (10 salaries)

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₹1.2 L/yr - ₹6.5 L/yr

arrow icon 6% more
4 job openings
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₹5.1 L/yr - ₹7 L/yr

arrow icon 50% more
View all
Team Lead salary at SBI Life Insurance Company ranges between ₹2.3 Lakhs to ₹6 Lakhs per year for employees with experience between 1 year to 13 years. Salary estimates are based on 14 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Team Lead

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8 years exp.
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8 years exp.
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13 years exp.
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Experience wise SBI Life Insurance Company Team Lead salaries

Last Updated: 4 Jan 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.4 L/yr - ₹5.4 L/yr
2 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹5.5 L/yr
3 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.6 L/yr
4 years (AmbitionBox Estimate)

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₹3 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)

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₹3 L/yr - ₹3.8 L/yr
View all

Similar Designation salaries in SBI Life Insurance Company

Team Coach Salary
(AmbitionBox Estimate)
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₹7.7 L/yr - ₹9.8 L/yr
Team Manager Salary
(11 salaries)
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₹7.5 L/yr - ₹15 L/yr
Technical Lead Salary
(AmbitionBox Estimate)
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₹3.9 L/yr - ₹4.9 L/yr
Supervisor Salary
(3 salaries)
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₹3 L/yr - ₹4 L/yr
Branch Manager Salary
(171 salaries)
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₹6.5 L/yr - ₹16 L/yr
Senior Analyst Salary
(AmbitionBox Estimate)
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₹9 L/yr - ₹11.5 L/yr
Deputy Manager Salary
(38 salaries)
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₹2.5 L/yr - ₹10 L/yr
Senior Associate Salary
(536 salaries)
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₹2.3 L/yr - ₹6.75 L/yr
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₹3.6 L/yr - ₹13 L/yr
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₹3.54 L/yr - ₹10.5 L/yr

Salary related reviews for SBI Life Insurance Company

4.3

Rated by 5 employees for salary & benefits

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

BFSI, Investments & Trading Department

3.0
  •  posted on 18 Jun 2020

3.0
 for  Salary and Benefits

Likes

Salary hike 3 to 5 % per year.Providing petrol exp and telephone exp based on cader.

read more

Dislikes

Lot of politics, no HR Control , career growth is slow, induction training will not conducted in proper time. No value and respect for out Commer. High volume pressure on target and mental irritation. No any value addition from reporting manager.

read more
  • Job security - Bad
  • +4 more
see more salary related reviews

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SBI Life Insurance Company Team Lead Salary FAQs

What is the salary of Team Lead at SBI Life Insurance Company ?
The average salary of a Team Lead at SBI Life Insurance Company in India typically ranges from ₹2.3 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 1 year to 13 years).

The top 10% of Team Lead at SBI Life Insurance Company earn more than ₹4.9 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Team Lead 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 Team Lead at SBI Life Insurance Company in India?
The estimated take-home salary of a Team Lead at SBI Life Insurance Company in India typically ranges from ₹25,206 to ₹26,642 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 1 year 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 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 Team Lead in India?
AXA ₹7.9 Lakhs to ₹18.3 Lakhs per year
AIG ₹5.9 Lakhs to ₹21.0 Lakhs per year
Principal Global Services ₹10.7 Lakhs to ₹23.4 Lakhs per year
Allianz ₹5.8 Lakhs to ₹22.5 Lakhs per year
MetLife ₹5.0 Lakhs to ₹19.2 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 Team Lead in companies similar to SBI Life Insurance Company in India?
The salary of a Team Lead 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:

Gallagher ₹4.3 Lakhs to ₹17.2 Lakhs per year
First American Title ₹3.2 Lakhs to ₹8.2 Lakhs per year
Tata AIA Life Insurance ₹2.0 Lakhs to ₹9.0 Lakhs per year
Aditya Birla Sun Life Insurance ₹5.1 Lakhs to ₹7.0 Lakhs per year
Aditya Birla Health Insurance Co ₹4.0 Lakhs to ₹7.4 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 Team Lead at SBI Life Insurance Company in India?
The salary growth for a Team Lead at SBI Life Insurance Company depends on factors such as experience, performance, and promotions. On average, a Team Lead can expect the following growth trajectory at SBI Life Insurance Company:

Experience Average Salary Range
1 year ₹2.4 Lakhs to ₹5.4 Lakhs per year
2 years ₹2.3 Lakhs to ₹5.5 Lakhs per year
3 years ₹2.8 Lakhs to ₹3.6 Lakhs per year
4 years ₹3.0 Lakhs to ₹4.0 Lakhs per year
and so on.

Tell us how to improve this page.

SBI Life Insurance Company Team Lead salary in India ranges between ₹2.3 Lakhs to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 14 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.