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SBI Life Insurance Company

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3.8

based on 3.8k Reviews

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SBI Life Insurance Company Team Manager salaries in Mumbai

Annual salary range
4 - 16 years exp.
₹7.5 Lakhs - ₹12.6 Lakhs
Salary of majority employees
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22% less than the average Team Manager Salary in Insurance Companies for 4 - 16 years of experience

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Last Updated: 1 Mar 2024

Companies similar to SBI Life Insurance Company for Team Manager in Mumbai

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SBI Life Insurance Company Team Manager Salary

4 - 16 years exp. (4 salaries)
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₹7.5 L/yr - ₹12.6 L/yr

vs
Company name Avg Annual Salary Open Jobs
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ICICI Prudential Life Insurance Team Manager Salary

2 - 8 years exp. (4 salaries)
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₹5 L/yr - ₹15.6 L/yr

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HDFC Life Team Manager Salary

1 - 7 years exp. (7 salaries)
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₹5 L/yr - ₹7.9 L/yr

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Reliance Nippon Life Insurance Team Manager Salary

4 - 13 years exp. (3 salaries)
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₹3.5 L/yr - ₹4.9 L/yr

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ICICI Lombard General Insurance Company Team Manager Salary

3 - 15 years exp. (11 salaries)
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₹2.5 L/yr - ₹12.5 L/yr

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Gallagher Team Manager Salary

7 - 12 years exp. (5 salaries)
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₹7 L/yr - ₹9.3 L/yr

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Bajaj Allianz General Insurance Team Manager Salary

5 - 13 years exp. (4 salaries)
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₹3.3 L/yr - ₹6.4 L/yr

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Marsh Team Manager Salary

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₹9 L/yr - ₹24.8 L/yr

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Team Manager salary at SBI Life Insurance Company ranges between ₹7.5 Lakhs to ₹12.6 Lakhs per year for employees with experience between 4 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Team Manager in Mumbai

1y ago
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16 years exp.
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4 years exp.
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4 years exp.

Experience wise SBI Life Insurance Company Team Manager salaries in Mumbai

Last Updated: 1 Mar 2024

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹7.5 L/yr - ₹21.2 L/yr
5 years (AmbitionBox Estimate)

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₹4.7 L/yr - ₹12 L/yr
6 years (AmbitionBox Estimate)

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₹10.5 L/yr - ₹13.4 L/yr
7 years (AmbitionBox Estimate)

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₹10.5 L/yr - ₹13.4 L/yr
8 years (AmbitionBox Estimate)

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₹10.4 L/yr - ₹13.4 L/yr
View all

Similar Designation salaries in SBI Life Insurance Company

Area Manager Salary
(16 salaries)
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₹7.5 L/yr - ₹14.21 L/yr
Operations Manager Salary
(9 salaries)
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₹7.3 L/yr - ₹10 L/yr
Branch Manager Salary
(8 salaries)
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₹8 L/yr - ₹11.2 L/yr
Deputy Manager Salary
(7 salaries)
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₹4.5 L/yr - ₹10 L/yr
Team Lead Salary
(6 salaries)
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₹3.6 L/yr - ₹4.8 L/yr
Project Manager Salary
(4 salaries)
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₹6.75 L/yr - ₹14 L/yr
Program Manager Salary
(3 salaries)
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₹12.2 L/yr - ₹20 L/yr

Salary related reviews for SBI Life Insurance Company

3.0

Rated by 1 employees for salary & benefits

Management Trainee in Kolkata

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

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.

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

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

read more

Area Manager in Jalgaon

Sales & Business Development Department

4.0
  •  posted on 03 Apr 2021
5.0
 for  Salary and Benefits

Likes

Company is Good in industry. Management always try to give comfort to their employees so that Employee can work Whole heartily. Company always adjust their employees with their performances and allows to change their job profile if some one not performed.

read more
  • Salary - Excellent
    • +6 more

Dislikes

I don't think so that there is anything which can be dislike... Bcz every company will demand output against compensation given to Employee.

read more

Senior Associate in Sultanpur

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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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 Team Manager Salary FAQs

What is the salary of Team Manager at SBI Life Insurance Company Mumbai?
Team Manager salary at SBI Life Insurance Company in Mumbai ranges between ₹7.5 Lakhs to ₹12.6 Lakhs for experience between 4 years to 16 years. According to our estimates it is 22% less than the average Team Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of SBI Life Insurance Company Mumbai.
How does the salary of a Team Manager at SBI Life Insurance Company Mumbai compare with the average salary range for this job?
The average salary of a Team Manager at SBI Life Insurance Company is 22% less than the average salary of a Team Manager in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than SBI Life Insurance Company to a Team Manager in Mumbai?
  • Marsh Team Manager Salary - ₹9.0 Lakhs to ₹24.8 Lakhs per year
What is the salary of a Team Manager in companies similar to SBI Life Insurance Company in Mumbai?
  • ICICI Prudential Life Insurance Team Manager Salary - ₹5.0 Lakhs to ₹15.6 Lakhs per year
  • Gallagher Team Manager Salary - ₹7.0 Lakhs to ₹9.3 Lakhs per year
  • HDFC Life Team Manager Salary - ₹5.0 Lakhs to ₹7.9 Lakhs per year
  • ICICI Lombard General Insurance Company Team Manager Salary - ₹2.5 Lakhs to ₹12.5 Lakhs per year
  • Bajaj Allianz General Insurance Team Manager Salary - ₹3.3 Lakhs to ₹6.4 Lakhs per year
What is the estimated take home salary of a Team Manager at SBI Life Insurance Company in Mumbai?
The estimated take-home salary of a Team Manager at SBI Life Insurance Company ranges between ₹82,004 per month to ₹84,143 per month in Mumbai. The take-home salary calculation is based on the average SBI Life Insurance Company Team Manager salary in India which ranges between ₹7.5 Lakhs to ₹12.6 Lakhs per year for employees with experience between 4 years to 16 years. Check how did we calculate take home salary?

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SBI Life Insurance Company Team Manager salary in Mumbai ranges between ₹7.5 Lakhs to ₹12.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.