SBI Life Insurance Company Territory Business Manager Salaries by 3 Employees

5 - 7 years exp.

₹4.5 Lakhs - ₹6 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

19% less than the average Territory Business Manager Salary in Insurance Companies for 5 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Territory Business Manager Salary 5 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr
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Teaching & Training Territory Business Manager Salary 7 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹6.1 L/yr

Last Updated: 2 Dec 2023

Companies similar to SBI Life Insurance Company for Territory Business Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance Territory Business Manager Salary 7 - 15 years exp. (4 salaries)	₹5 L/yr - ₹6 L/yr 2% less
PNB MetLife Territory Business Manager Salary 8 - 15 years exp. (4 salaries)	₹5.5 L/yr - ₹9.5 L/yr 44% more
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Bajaj Allianz General Insurance Territory Business Manager Salary 14 - 16 years exp. (3 salaries)	₹4.2 L/yr - ₹5.8 L/yr 6% less
HDFC Life Territory Business Manager Salary 8 years exp. (3 salaries)	₹5 L/yr - ₹13.7 L/yr 51% more
Abbott Territory Business Manager Salary 1 - 14 years exp. (872 salaries)	₹1.7 L/yr - ₹9.3 L/yr 11% more	70 job openings

Territory Business Manager salary at SBI Life Insurance Company ranges between ₹4.5 Lakhs to ₹6 Lakhs per year for employees with experience between 5 years to 7 years. Salary estimates are based on 3 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Territory Business Manager salaries

Last Updated: 2 Dec 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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7 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr

Similar Designation salaries in SBI Life Insurance Company

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(9 salaries)

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₹3.6 L/yr - ₹4.6 L/yr

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Salary related reviews for SBI Life Insurance Company

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

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.

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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 Territory Business Manager Salary FAQs

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

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

Experience	Average Salary Range
5 years	₹4.1 Lakhs to ₹5.2 Lakhs per year
7 years	₹5.2 Lakhs to ₹6.6 Lakhs per year

and so on.

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SBI Life Insurance Company Territory Business Manager Salaries

SBI Life Insurance Company Territory Business Manager salary in India ranges between ₹4.5 Lakhs to ₹6 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.

SBI Life Insurance Company Territory Business Manager salaries in India

Companies similar to SBI Life Insurance Company for Territory Business Manager

Latest annual salaries shared by SBI Life Insurance Company Territory Business Manager

Experience wise SBI Life Insurance Company Territory Business Manager salaries

Similar Designation salaries in SBI Life Insurance Company

Salary related reviews for SBI Life Insurance Company

Business Development Manager in Deoghar

Area Sales Manager in Vijayawada

Business Development Executive in Gangtok

Business Development Manager in Rajkot

Business Development Manager in Jaipur

SBI Life Insurance Company Territory Business Manager Salary FAQs

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