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SBI Life Insurance Company Unit Manager salaries in India

Annual salary range
0 - 10 years exp.
₹2 Lakhs - ₹4.2 Lakhs
Salary of majority employees
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54% less than the average Unit Manager Salary in Insurance Companies for 0 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Unit Manager Salary
0 - 10 years exp. (47 salaries)
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₹2.1 L/yr - ₹4.2 L/yr

Sales & Business Development
Unit Manager Salary
1 - 7 years exp. (13 salaries)
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₹2 L/yr - ₹3.9 L/yr

Marketing & Communication
Unit Manager Salary
2 - 10 years exp. (6 salaries)
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₹2.3 L/yr - ₹3.3 L/yr

Customer Success, Service & Operations
Unit Manager Salary
4 - 10 years exp. (5 salaries)
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₹2.4 L/yr - ₹3.3 L/yr

Finance & Accounting
Unit Manager Salary
0 - 5 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

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Last Updated: 19 Jan 2025

Companies similar to SBI Life Insurance Company for Unit Manager

Company name Avg Annual Salary Open Jobs
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HDFC Life Unit Manager Salary

1 - 4 years exp. (4 salaries)

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₹2.1 L/yr - ₹3 L/yr

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₹1.1 L/yr - ₹4.5 L/yr

arrow icon 11% more
21 job openings
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Max Life Insurance Unit Manager Salary

1 - 12 years exp. (3 salaries)

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₹3.5 L/yr - ₹11.5 L/yr

arrow icon 137% more
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₹2.5 L/yr - ₹5.5 L/yr

arrow icon 57% more
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₹3.2 L/yr - ₹6.5 L/yr

arrow icon 97% more
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Tata AIA Life Insurance Unit Manager Salary

0 - 6 years exp. (4 salaries)

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₹2 L/yr - ₹6.8 L/yr

arrow icon 23% more
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₹3.8 L/yr - ₹5 L/yr

arrow icon 55% more
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₹1.8 L/yr - ₹3.2 L/yr

arrow icon 12% less
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MetLife Unit Manager Salary

6 - 17 years exp. (325 salaries)

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₹9.5 L/yr - ₹35 L/yr

arrow icon 732% more
1 job opening
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₹3 L/yr - ₹7 L/yr

arrow icon 84% more
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₹2.1 L/yr - ₹3.4 L/yr

arrow icon 1% less
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Shriram Life Insurance Unit Manager Salary

0 - 8 years exp. (35 salaries)

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₹2 L/yr - ₹4.3 L/yr

arrow icon 1% more
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SBI General Insurance Unit Manager Salary

4 - 10 years exp. (7 salaries)

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₹3.9 L/yr - ₹6.7 L/yr

arrow icon 76% more
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₹2.1 L/yr - ₹3.5 L/yr

arrow icon 6% more
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₹1.8 L/yr - ₹5.5 L/yr

arrow icon 26% more
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Aditya Birla Sun Life Insurance Unit Manager Salary

2 - 4 years exp. (AmbitionBox Estimate)

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₹2.1 L/yr - ₹2.7 L/yr

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₹2.9 L/yr - ₹4 L/yr

arrow icon 23% more
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PNB MetLife Unit Manager Salary

1 - 5 years exp. (3 salaries)

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₹2.1 L/yr - ₹3.8 L/yr

arrow icon 14% more
Unit Manager salary at SBI Life Insurance Company ranges between ₹2 Lakhs to ₹4.2 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 114 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Unit Manager

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Experience wise SBI Life Insurance Company Unit Manager salaries

Last Updated: 19 Jan 2025

Experience Avg Annual Salary
Fresher  (5 salaries)

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₹2.5 L/yr - ₹3.5 L/yr
1 year  (10 salaries)

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₹2.2 L/yr - ₹4 L/yr
2 years  (17 salaries)

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₹2.1 L/yr - ₹3.5 L/yr
3 years  (18 salaries)

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₹2.1 L/yr - ₹4 L/yr
4 years  (15 salaries)

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₹2.1 L/yr - ₹4.2 L/yr
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Similar Designation salaries in SBI Life Insurance Company

Senior Associate Salary
(544 salaries)
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₹2 L/yr - ₹7 L/yr
Area Manager Salary
(218 salaries)
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₹4.6 L/yr - ₹14.21 L/yr
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₹2 L/yr - ₹4.5 L/yr
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₹9 L/yr - ₹36 L/yr
BDM Salary
(167 salaries)
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₹2.5 L/yr - ₹6.5 L/yr
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₹1.5 L/yr - ₹4.5 L/yr
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₹2.35 L/yr - ₹5.2 L/yr
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₹1 L/yr - ₹3.6 L/yr
Sales Executive Salary
(57 salaries)
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₹1 L/yr - ₹4.7 L/yr
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₹1.05 L/yr - ₹5.5 L/yr

Top skills at SBI Life Insurance Company for Unit Manager

Life Insurance Insurance Communication Skills Presentation Skills Sales

Salary related reviews for SBI Life Insurance Company

3.8

Rated by 77 employees for salary & benefits

Other Department

2.0
  •  posted on 15 Oct 2019

1.0
 for  Salary and Benefits

Likes

Worst experience

Dislikes

Worst experience, low salary with a hectic working schedule, no time for self. Experience matters here not your qualifications that’s why most of the reporting manager are not worth the post

read more
  • Salary - Bad
  • +6 more

agency Department

2.0
  •  posted on 13 May 2018

1.0
 for  Salary and Benefits

Likes

good facility by hr

  • Skill development - Excellent

Dislikes

not good package. expectations are very high if you will achive your targets than also, sr dsm thinks like junior staff foolish:- abuses me, no support, seniors can say anything but they are not ready to listen you , i was in agency channel in sales in chandigarh location, paying small salary giving instructions like show your profile you are earning more, with small salary expectations are :- do the party with advisors, drink with them and do more expenses from your salary. forgot your family

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

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.

read more

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.

read more
  • Salary - Bad
  • +4 more

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.

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  • Skill development - Poor
  • +4 more

Full Time

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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

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  • Job security - Poor
see more salary related reviews

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SBI Life Insurance Company Unit Manager Salary FAQs

What is the salary of Unit Manager at SBI Life Insurance Company?
Unit Manager salary at SBI Life Insurance Company in India ranges between ₹2.0 Lakhs to ₹4.2 Lakhs for less than 1 year of experience to 10 years. According to our estimates it is 54% less than the average Unit Manager Salary in India. Salary estimates are based on 114 latest salaries received from various employees of SBI Life Insurance Company India.
How does the salary of a Unit Manager at SBI Life Insurance Company India compare with the average salary range for this job?
The average salary of a Unit Manager at SBI Life Insurance Company is 54% less than the average salary of a Unit Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Unit Manager at SBI Life Insurance Company?
Life Insurance, Insurance, Communication Skills, Presentation Skills and Sales are some of the popular skills required to work as a Unit Manager at SBI Life Insurance Company India.
Which similar companies are paying more than SBI Life Insurance Company to a Unit Manager in India?
  • MetLife Unit Manager Salary - ₹9.5 Lakhs to ₹35.0 Lakhs per year
  • Max Life Insurance Unit Manager Salary - ₹3.5 Lakhs to ₹11.5 Lakhs per year
  • Kotak Mahindara Life Insurance Unit Manager Salary - ₹3.2 Lakhs to ₹6.5 Lakhs per year
  • ICICI Lombard General Insurance Company Unit Manager Salary - ₹3.0 Lakhs to ₹7.0 Lakhs per year
  • SBI General Insurance Unit Manager Salary - ₹3.9 Lakhs to ₹6.7 Lakhs per year
What is the salary of a Unit Manager in companies similar to SBI Life Insurance Company in India?
  • Bajaj Allianz Life Insurance Unit Manager Salary - ₹2.5 Lakhs to ₹5.5 Lakhs per year
  • Aviva Life Insurance India Unit Manager Salary - ₹3.8 Lakhs to ₹5.0 Lakhs per year
  • Life Insurance Corporation of India Unit Manager Salary - ₹1.8 Lakhs to ₹5.5 Lakhs per year
  • Tata AIA Life Insurance Unit Manager Salary - ₹2.0 Lakhs to ₹6.8 Lakhs per year
  • Star Health & Allied Insurance Unit Manager Salary - ₹2.9 Lakhs to ₹4.0 Lakhs per year
What is the estimated take home salary of a Unit Manager at SBI Life Insurance Company in India?
The estimated take-home salary of a Unit Manager at SBI Life Insurance Company ranges between ₹19,452 per month to ₹21,124 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Unit Manager salary in India which ranges between ₹2.0 Lakhs to ₹4.2 Lakhs per year for employees with less than 1 year of experience to 10 years. Check how did we calculate take home salary?
What is the notice period for Unit Manager at SBI Life Insurance Company?
According to AmbitionBox, 46% of the SBI Life Insurance Company Unit Managers reported a notice period of 1 Month, 36% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 28 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

SBI Life Insurance Company Unit Manager salary in India ranges between ₹2 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 114 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.