SBI Life Insurance Company Unit Manager Salaries by 100+ Employees (Updated 2025)

0 - 10 years exp.

₹2 Lakhs - ₹4.3 Lakhs

Salary of majority employees

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. (46 salaries)	₹2.1 L/yr - ₹4.2 L/yr
Sales & Business Development Unit Manager Salary 1 - 10 years exp. (14 salaries)	₹2 L/yr - ₹3.9 L/yr
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Marketing & Communication Unit Manager Salary 2 - 10 years exp. (6 salaries)	₹2.3 L/yr - ₹3.3 L/yr
Customer Success, Service & Operations Unit Manager Salary 4 - 10 years exp. (5 salaries)	₹2.4 L/yr - ₹3.3 L/yr
Human Resources Unit Manager Salary 0 - 2 years exp. (3 salaries)	₹3 L/yr - ₹4 L/yr

View all

Last Updated: 19 Jan 2025

Companies similar to SBI Life Insurance Company for Unit Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Unit Manager Salary 0 - 5 years exp. (545 salaries)	₹1.1 L/yr - ₹4.5 L/yr 9% more	41 job openings
MetLife Unit Manager Salary 6 - 17 years exp. (353 salaries)	₹11 L/yr - ₹40 L/yr 753% more
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ICICI Lombard General Insurance Company Unit Manager Salary 1 - 9 years exp. (107 salaries)	₹3 L/yr - ₹7 L/yr 82% more
Aditya Birla Health Insurance Co Unit Manager Salary 0 - 6 years exp. (92 salaries)	₹2.1 L/yr - ₹3.2 L/yr 5% less
Shriram Life Insurance Unit Manager Salary 0 - 8 years exp. (33 salaries)	₹1.5 L/yr - ₹3.6 L/yr 3% less
SBI General Insurance Unit Manager Salary 4 - 10 years exp. (7 salaries)	₹3.9 L/yr - ₹6.7 L/yr 71% more
HDFC Ergo General Insurance Unit Manager Salary 2 - 6 years exp. (6 salaries)	₹2.1 L/yr - ₹3.5 L/yr 3% more
Axis Max Life Insurance Unit Manager Salary 1 - 6 years exp. (5 salaries)	₹4.5 L/yr - ₹9 L/yr 155% more
Bajaj Allianz Life Insurance Unit Manager Salary 0 - 10 years exp. (5 salaries)	₹2.5 L/yr - ₹5.5 L/yr 52% more
HDFC Life Unit Manager Salary 1 - 12 years exp. (5 salaries)	₹2.1 L/yr - ₹3 L/yr 6% less
Tata AIA Life Insurance Unit Manager Salary 0 - 6 years exp. (4 salaries)	₹2 L/yr - ₹6.8 L/yr 20% more
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Life Insurance Corporation of India Unit Manager Salary 1 - 27 years exp. (4 salaries)	₹1.8 L/yr - ₹5.5 L/yr 22% more
Kotak Mahindara Life Insurance Unit Manager Salary 4 - 7 years exp. (4 salaries)	₹3.2 L/yr - ₹6.5 L/yr 92% more
Star Health & Allied Insurance Unit Manager Salary 6 - 9 years exp. (4 salaries)	₹2.9 L/yr - ₹4 L/yr 19% more
PNB MetLife Unit Manager Salary 1 - 5 years exp. (3 salaries)	₹2.1 L/yr - ₹3.8 L/yr 10% more

Unit Manager salary at SBI Life Insurance Company ranges between ₹2 Lakhs to ₹4.3 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 116 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Unit Manager salaries

Last Updated: 19 Jan 2025

Experience	Avg Annual Salary
Fresher (6 salaries)	₹2.5 L/yr - ₹4 L/yr
1 year (10 salaries)	₹2.2 L/yr - ₹4 L/yr
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2 years (17 salaries)	₹2.1 L/yr - ₹3.5 L/yr
3 years (17 salaries)	₹2.1 L/yr - ₹4 L/yr
4 years (15 salaries)	₹2.1 L/yr - ₹4.2 L/yr
5 years (22 salaries)	₹2 L/yr - ₹4.1 L/yr
6 years (11 salaries)	₹2 L/yr - ₹4.3 L/yr
7 years (5 salaries)	₹2 L/yr - ₹5.1 L/yr
8 years (5 salaries)	₹2.2 L/yr - ₹3.3 L/yr
9 years (3 salaries)	₹2.8 L/yr - ₹3.3 L/yr
10 years (5 salaries)	₹2.5 L/yr - ₹3.6 L/yr

View all

Similar Designation salaries in SBI Life Insurance Company

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Area Manager Salary

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Business Development Executive Salary

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Senior Associate Operations Salary

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Sales Support Associate Salary

(63 salaries)

₹1 L/yr - ₹3.6 L/yr

Sales Executive Salary

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₹1 L/yr - ₹4.7 L/yr

Financial Advisor Salary

(47 salaries)

₹0.65 L/yr - ₹4.05 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

Unit Manager in Itanagar

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

Salary - Bad

+6 more

Unit Manager in Chandigarh

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

Salary - Bad

+5 more

Sales Support Associate in Kishanganj

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.

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.

Salary - Bad

+4 more

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

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

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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SBI Life Insurance Company Unit Manager Salary FAQs

What is the salary of Unit Manager at SBI Life Insurance Company ?

The average salary of a Unit Manager at SBI Life Insurance Company in India typically ranges from ₹2.0 Lakhs to ₹4.3 Lakhs per year, depending on experience (from Fresher to 10 years).

The top 10% of Unit Manager at SBI Life Insurance Company earn more than ₹3.7 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. Unit Manager Salaries at SBI Life Insurance Company can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 100+ SBI Life Insurance Company employees in India.

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 in India typically ranges from ₹20,079 to ₹21,741 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹4.3 Lakhs per year for employees with experience ranging from Fresher to 10 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 100+ salaries received from various employees of SBI Life Insurance Company. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Unit Manager at SBI Life Insurance Company ?

To be a Unit Manager at SBI Life Insurance Company in india, the key skills required include:

- Life Insurance
- Insurance
- Communication Skills
- Presentation Skills
- Sales

These skills are highly valued at SBI Life Insurance Company and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than SBI Life Insurance Company for Unit Manager in India?

MetLife	₹11.0 Lakhs to ₹40.0 Lakhs per year
Axis Max Life Insurance	₹4.5 Lakhs to ₹9.0 Lakhs per year
Kotak Mahindara Life Insurance	₹3.2 Lakhs to ₹6.5 Lakhs per year
ICICI Lombard General Insurance Company	₹3.0 Lakhs to ₹7.0 Lakhs per year
SBI General Insurance	₹3.9 Lakhs to ₹6.7 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by SBI Life Insurance Company, depending on the role and experience level.

What is the salary of a Unit Manager in companies similar to SBI Life Insurance Company in India?

The salary of a Unit Manager at companies similar to SBI Life Insurance Company in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Allianz Life Insurance	₹2.5 Lakhs to ₹5.5 Lakhs per year
Life Insurance Corporation of India	₹1.8 Lakhs to ₹5.5 Lakhs per year
Tata AIA Life Insurance	₹2.0 Lakhs to ₹6.8 Lakhs per year
Star Health & Allied Insurance	₹2.9 Lakhs to ₹4.0 Lakhs per year
PNB MetLife	₹2.1 Lakhs to ₹3.8 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

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

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

Experience	Average Salary Range
Fresher	₹2.5 Lakhs to ₹4.0 Lakhs per year
1 year	₹2.2 Lakhs to ₹4.0 Lakhs per year
2 years	₹2.1 Lakhs to ₹3.5 Lakhs per year
3 years	₹2.1 Lakhs to ₹4.0 Lakhs per year

and so on.

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SBI Life Insurance Company Unit Manager Salaries by Location

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SBI Life Insurance Company Unit Manager Salaries

SBI Life Insurance Company Unit Manager salary in India ranges between ₹2 Lakhs to ₹4.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 116 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

SBI Life Insurance Company Unit Manager salaries in India (Updated 2025)

Companies similar to SBI Life Insurance Company for Unit Manager

Latest annual salaries shared by SBI Life Insurance Company Unit Manager

Experience wise SBI Life Insurance Company Unit Manager salaries

Similar Designation salaries in SBI Life Insurance Company

Top skills at SBI Life Insurance Company for Unit Manager

Salary related reviews for SBI Life Insurance Company

Unit Manager in Itanagar

Unit Manager in Chandigarh

Sales Support Associate in Kishanganj

Management Trainee in Kolkata

Business Development Executive in Gangtok

SBI Life Insurance Company Unit Manager Salary FAQs

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SBI Life Insurance Company Unit Manager Salaries by Location