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SBI Life Insurance Company

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3.8

based on 3.7k Reviews

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SBI Life Insurance Company Underwriter salaries in Bangalore / Bengaluru

Annual salary range
1 - 6 years exp.
₹3.5 Lakhs - ₹6.7 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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32% less than the average Underwriter Salary in Insurance Companies for 1 - 6 years of experience

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Last Updated: 11 Jan 2025

Companies similar to SBI Life Insurance Company for Underwriter in Bangalore / Bengaluru

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SBI Life Insurance Company Underwriter Salary

1 - 6 years exp. (3 salaries)
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₹3.5 L/yr - ₹6.7 L/yr

vs
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ICICI Prudential Life Insurance Underwriter Salary

3 - 6 years exp. (3 salaries)
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₹2.9 L/yr - ₹6 L/yr

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HDFC Life Underwriter Salary

0 - 6 years exp. (9 salaries)
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₹1.8 L/yr - ₹4.4 L/yr

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Gallagher Underwriter Salary

5 - 13 years exp. (5 salaries)
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₹6 L/yr - ₹21 L/yr

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SitusAMC Underwriter Salary

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₹4.3 L/yr - ₹10.9 L/yr

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VERITY GLOBAL SOLUTIONS Underwriter Salary

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₹3.5 L/yr - ₹9.3 L/yr

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 1 job opening
Underwriter salary at SBI Life Insurance Company ranges between ₹3.5 Lakhs to ₹6.7 Lakhs per year for employees with experience between 1 year to 6 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 Underwriter in Bangalore / Bengaluru

2w ago
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6 years exp.
1y ago
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3 years exp.
1y ago
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1 year exp.

Experience wise SBI Life Insurance Company Underwriter salaries in Bangalore / Bengaluru

Last Updated: 11 Jan 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹3.5 L/yr - ₹6.6 L/yr
2 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.3 L/yr
3 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹7 L/yr
4 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.6 L/yr
5 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹4.7 L/yr
View all

Similar Designation salaries in SBI Life Insurance Company

Senior Associate Salary
(31 salaries)
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₹2.8 L/yr - ₹5.3 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

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

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.

read more
  • Salary - Poor
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1w
fathersahaab
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New Job, Higher Pay, Now I’m Feeling Awkward
I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!
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SBI Life Insurance Company Underwriter Salary FAQs

What is the notice period for Underwriter at SBI Life Insurance Company in Bangalore / Bengaluru?
According to AmbitionBox, 100% of the SBI Life Insurance Company Underwriters in Bangalore / Bengaluru reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Underwriter salary in Bangalore / Bengaluru ranges between ₹3.5 Lakhs to ₹6.7 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.