SBI Life Insurance Company New Delhi Underwriting Manager Salaries by 3 Employees (Updated 2025)

11 - 13 years exp.

₹10.2 Lakhs - ₹15 Lakhs

Low Confidence

Salary of majority employees

47% more than the average Underwriting Manager Salary in Insurance Companies for 11 - 13 years of experience

Interested in this particular role?

Salaries in different departments

Risk Management & Compliance Underwriting Manager Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹13.5 L/yr - ₹16.5 L/yr
Login to view exact salary
BFSI, Investments & Trading Underwriting Manager Salary 13 years exp. (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.2 L/yr

Last Updated: 29 Oct 2023

Companies similar to SBI Life Insurance Company for Underwriting Manager in New Delhi

SBI Life Insurance Company Underwriting Manager Salary

11 - 13 years exp. (3 salaries)

₹10.2 L/yr - ₹15 L/yr

Company name	Avg Annual Salary	Open Jobs
SBI General Insurance Underwriting Manager Salary 7 - 12 years exp. (6 salaries)	₹8 L/yr - ₹13 L/yr 18% less
ICICI Lombard General Insurance Company Underwriting Manager Salary 2 - 13 years exp. (4 salaries)	₹8.2 L/yr - ₹12 L/yr 27% less
Login to view exact salary
Care Health Insurance Underwriting Manager Salary 0 - 9 years exp. (15 salaries)	₹2.7 L/yr - ₹7.3 L/yr 63% less
XL Catlin Underwriting Manager Salary 14 - 16 years exp. (3 salaries)	₹17.5 L/yr - ₹20 L/yr 38% more
Canara HSBC Life Insurance Underwriting Manager Salary 8 - 20 years exp. (3 salaries)	₹8.2 L/yr - ₹18 L/yr 7% less

Underwriting Manager salary at SBI Life Insurance Company ranges between ₹10.2 Lakhs to ₹15 Lakhs per year for employees with experience between 11 years to 13 years. Salary estimates are based on 3 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Underwriting Manager salaries in New Delhi

Last Updated: 29 Oct 2023

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr
12 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr
Login to view exact salary
13 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.7 L/yr

Similar Designation salaries in SBI Life Insurance Company

Senior Associate Salary

(38 salaries)

₹2.3 L/yr - ₹6.2 L/yr

Underwriter Salary

(3 salaries)

₹4.75 L/yr - ₹6.5 L/yr

Management Trainee Salary

(3 salaries)

₹5.6 L/yr - ₹8 L/yr

Salary related reviews for SBI Life Insurance Company

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.

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.

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

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

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.

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.

Salary - Poor

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

Salary Negotiation in an interview

Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.

Got a question about SBI Life Insurance Company?

Ask anonymously on communities.

SBI Life Insurance Company Underwriting Manager Salary FAQs

What is the notice period for Underwriting Manager at SBI Life Insurance Company in New Delhi?

According to AmbitionBox, 100% of the SBI Life Insurance Company Underwriting Managers in New Delhi reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
SBI Life Insurance Company Salaries >
SBI Life Insurance Company Underwriting Manager Salaries >
SBI Life Insurance Company Underwriting Manager Salaries in New Delhi

SBI Life Insurance Company Underwriting Manager salary in New Delhi ranges between ₹10.2 Lakhs to ₹15 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 Underwriting Manager salaries in New Delhi

Companies similar to SBI Life Insurance Company for Underwriting Manager in New Delhi

Latest annual salaries shared by SBI Life Insurance Company Underwriting Manager in New Delhi

Experience wise SBI Life Insurance Company Underwriting Manager salaries in New Delhi

Similar Designation salaries in SBI Life Insurance Company

Salary related reviews for SBI Life Insurance Company

Management Trainee in Kolkata

Senior Associate in New Delhi

Senior Associate in Jaipur

Senior Associate in Sultanpur

Business Development Manager in Deoghar

SBI Life Insurance Company Underwriting Manager Salary FAQs

Tell us how to improve this page.