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SBI Life Insurance Company UM salaries in India

Annual salary range
4 - 7 years exp.
₹2.7 Lakhs - ₹4.1 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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At par with the average UM Salary in Insurance Companies for 4 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading
UM Salary
7 years exp. (AmbitionBox Estimate)
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₹2.4 L/yr - ₹2.9 L/yr

Data Science & Analytics
UM Salary
4 years exp. (AmbitionBox Estimate)
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₹3.7 L/yr - ₹4.5 L/yr

Sales & Business Development
UM Salary
5 years exp. (AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.5 L/yr

Last Updated: 6 May 2023

Companies similar to SBI Life Insurance Company for UM

Company name Avg Annual Salary Open Jobs
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ICICI Prudential Life Insurance UM Salary

2 - 5 years exp. (7 salaries)

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₹1.8 L/yr - ₹4 L/yr

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Care Health Insurance UM Salary

1 - 8 years exp. (4 salaries)

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₹2.5 L/yr - ₹3.2 L/yr

arrow icon 13% less
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Turtlemint UM Salary

3 - 11 years exp. (3 salaries)

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₹3.4 L/yr - ₹4.1 L/yr

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UM salary at SBI Life Insurance Company ranges between ₹2.7 Lakhs to ₹4.1 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 3 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company UM

1y ago
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4 years exp.
1y ago
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7 years exp.
1y ago
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5 years exp.

Experience wise SBI Life Insurance Company UM salaries

Last Updated: 6 May 2023

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹4.7 L/yr
5 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.7 L/yr
7 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹3 L/yr

Salary related reviews for SBI Life Insurance Company

3.0

Rated by 1 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 02 Dec 2024

2.0
 for  Salary and Benefits

Likes

Hr policy is very good of sbi life but Regional HR is Doll of Regional Director and Regional. Sbi life is a good Company like Government job for Back office employees like sales support, Operations department, Account Department, L&D Department and all Non Sales Employees. For Sales person QVP is Good if you have Good Branches and CIF

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Dislikes

...e those persons who are working in other companies and switching multiple times. A New Employee can get salary more then those employees who are working here from last 8 Year. Due to state bank sbi life is working other there is no respect of sbi life. Promotion norm is very hard, Increment norms is very bed. Over all this company is only for Lucky person like if you got a great cif or branches a temporary staff can do business. Over all this is very bed company for sales person due to QVP people stay here if Company announced there is no QVP 80% of Employees will left this company.

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Full Time

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BFSI, Investments & Trading Department

3.0
  •  posted on 17 Jan 2024

1.0
 for  Salary and Benefits

Likes

Even though the salary in this company is very less as per the work, the salary is paid on time.

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Dislikes

In today's times, it is important to work to support my family properly, hence I give my 100% to this company so that someday my salary will increase but after working for more than 1 year, I am realizing that It is very difficult to move forward, here we have to work till late night due to which we are not able to give time to our family, and even after doing so much work, we get very low salary so that I cannot support my family properly. I don't know how to do it, even after working for more than 14 hours every day, I don't get any bonus also.

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Full Time

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BFSI, Investments & Trading Department

2.0
  •  posted on 18 Oct 2023

1.0
 for  Salary and Benefits

Likes

...R profile like a puppet.Every single decesion are managed by higher authorities. No work and life balance, salary are on time but no increment very pathetic salary structure. No self respect. No work time. No emotion . Daily pressure. Vary vary bad 😭

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Dislikes

Every thing Accept salary on time

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 23 Mar 2024

2.0
 for  Salary and Benefits

Likes

SBI LIFE company one of d best Lerner and advance business development company. I learnt about recruitment, business development, product knowledge, proper training, market identification, prospect screening everything... This base given me stronger now make my leadership skills, culture is very good, supportive operation staff, digital marketing services also digital payment security is one of d best function. I like learning, build relationships with my team, products and culture.

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Dislikes

It's issue about low salary, holiday weekend not allowed, some seniors behaviour very rude and harrasment. Company HR not responded after leaving job, some manager HR not understanding what is situation about employee. Very badly speak in front of our team, ts hurt.

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Full Time

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Customer Success, Service & Operations Department

1.0
  •  posted on 08 Jul 2023

1.0
 for  Salary and Benefits

Likes

Salary is credited on time. Office ambience is good

Dislikes

There is no work life balance in the company. There is huge salary gap in sales and operations. Work load is unevenly distributed between male and female employees. There is overtime on regular basis and male employees are forced to work overtime and times cooercive language is used. KRA is not properly set and you don't know on which basis you will be rated. Reporting manager is free to use any misappropriate language and HR manager completely support any misdeeds of managers and does every best to supress your complaint.

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SBI Life Insurance Company UM Salary FAQs

What is the notice period for UM at SBI Life Insurance Company?
According to AmbitionBox, 100% of the SBI Life Insurance Company UMs reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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SBI Life Insurance Company UM salary in India ranges between ₹2.7 Lakhs to ₹4.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.