SBI Life Insurance Company Hyderabad / Secunderabad Unit Manager Salaries by 7 Employees (Updated 2024)

3 - 9 years exp.

₹2 Lakhs - ₹4.1 Lakhs

Salary of majority employees

41% less than the average Unit Manager Salary in Insurance Companies for 3 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Unit Manager Salary 3 - 5 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
Sales & Business Development Unit Manager Salary 5 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹3.9 L/yr
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Marketing & Communication Unit Manager Salary 9 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr

Last Updated: 14 Mar 2024

Companies similar to SBI Life Insurance Company for Unit Manager in Hyderabad / Secunderabad

SBI Life Insurance Company Unit Manager Salary

3 - 9 years exp. (7 salaries)

₹2 L/yr - ₹4.1 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Unit Manager Salary 4 - 8 years exp. (8 salaries)	₹3.9 L/yr - ₹6.7 L/yr 74% more
Shriram Life Insurance Unit Manager Salary 3 - 7 years exp. (4 salaries)	₹2.4 L/yr - ₹3 L/yr 15% less
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ICICI Bank Unit Manager Salary 2 - 12 years exp. (41 salaries)	₹3 L/yr - ₹10 L/yr 135% more
Compass Group Support Services Unit Manager Salary 6 - 15 years exp. (13 salaries)	₹3.9 L/yr - ₹9.8 L/yr 126% more
ManipalCigna Health Insurance Unit Manager Salary 0 - 7 years exp. (13 salaries)	₹3.3 L/yr - ₹3.5 L/yr 3% more

Unit Manager salary at SBI Life Insurance Company ranges between ₹2 Lakhs to ₹4.1 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 7 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Unit Manager salaries in Hyderabad / Secunderabad

Last Updated: 14 Mar 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.3 L/yr
4 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.6 L/yr
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5 years (3 salaries)	₹2 L/yr - ₹3.9 L/yr
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.7 L/yr
7 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.6 L/yr
8 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.6 L/yr
9 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹4.1 L/yr

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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

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

Unit Manager in Chandigarh

agency Department

2.0

• posted on 13 May 2018

1.0

for Salary and Benefits

Likes

good facility by hr

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

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.

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.

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.

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

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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SBI Life Insurance Company Unit Manager Salary FAQs

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

Unit Manager salary at SBI Life Insurance Company in Hyderabad / Secunderabad ranges between ₹2.0 Lakhs to ₹4.1 Lakhs for experience between 3 years to 9 years. According to our estimates it is 41% less than the average Unit Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of SBI Life Insurance Company Hyderabad / Secunderabad.

How does the salary of a Unit Manager at SBI Life Insurance Company Hyderabad / Secunderabad compare with the average salary range for this job?

The average salary of a Unit Manager at SBI Life Insurance Company is 41% less than the average salary of a Unit Manager in Hyderabad / Secunderabad. 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 Hyderabad / Secunderabad.

Which similar companies are paying more than SBI Life Insurance Company to a Unit Manager in Hyderabad / Secunderabad?

ICICI Bank Unit Manager Salary - ₹3.0 Lakhs to ₹10.0 Lakhs per year
Compass Group Support Services Unit Manager Salary - ₹3.9 Lakhs to ₹9.8 Lakhs per year
ICICI Lombard General Insurance Company Unit Manager Salary - ₹3.9 Lakhs to ₹6.7 Lakhs per year
ManipalCigna Health Insurance Unit Manager Salary - ₹3.3 Lakhs to ₹3.5 Lakhs per year

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

Shriram Life Insurance Unit Manager Salary - ₹2.4 Lakhs to ₹3.0 Lakhs per year

What is the estimated take home salary of a Unit Manager at SBI Life Insurance Company in Hyderabad / Secunderabad?

The estimated take-home salary of a Unit Manager at SBI Life Insurance Company ranges between ₹22,859 per month to ₹24,329 per month in Hyderabad / Secunderabad. 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 ₹4.1 Lakhs per year for employees with experience between 3 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Unit Manager at SBI Life Insurance Company in Hyderabad / Secunderabad?

According to AmbitionBox, 100% of the SBI Life Insurance Company Unit Managers in Hyderabad / Secunderabad 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 Unit Manager Salaries in Hyderabad / Secunderabad

SBI Life Insurance Company Unit Manager salary in Hyderabad / Secunderabad ranges between ₹2 Lakhs to ₹4.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.