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SBI Life Insurance Company Vice President Business Strategy salaries in India (Updated 2025)

Annual salary range
18 - 22 years exp.
₹55 Lakhs - ₹60 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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Fixed (80%)
₹45.8 Lakhs
Variable (20%)
₹11.4 Lakhs
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At par with the average Vice President Business Strategy Salary in Insurance Companies for 18 - 22 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Vice President Business Strategy Salary
21 - 22 years exp. (AmbitionBox Estimate)
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₹57 L/yr - ₹63 L/yr

Marketing & Communication
Vice President Business Strategy Salary
19 - 20 years exp. (AmbitionBox Estimate)
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₹52.3 L/yr - ₹57.8 L/yr

Last Updated: 20 Mar 2025

Vice President Business Strategy salary at SBI Life Insurance Company ranges between ₹55 Lakhs to ₹60 Lakhs per year for employees with experience between 18 years to 22 years. Salary estimates are based on 5 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Vice President Business Strategy

3d ago
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22 years exp.
2w ago
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21 years exp.
1y ago
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20 years exp.

Experience wise SBI Life Insurance Company Vice President Business Strategy salaries

Last Updated: 20 Mar 2025

Experience Avg Annual Salary
15+ years  (5 salaries)

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₹55 L/yr - ₹60 L/yr

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Salary related reviews for SBI Life Insurance Company

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

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

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

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

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.

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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
see more salary related reviews

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SBI Life Insurance Company Vice President Business Strategy Salary FAQs

What is the salary of Vice President Business Strategy at SBI Life Insurance Company ?
The average salary of a Vice President Business Strategy at SBI Life Insurance Company in India typically ranges from ₹55.0 Lakhs to ₹60.0 Lakhs per year, depending on experience (from 18 years to 22 years).

The top 10% of Vice President Business Strategy at SBI Life Insurance Company earn more than ₹60.0 Lakhs per year, and the top 1% earn over ₹60.0 Lakhs per year. Vice President Business Strategy 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 5 SBI Life Insurance Company employees in India.
What is the estimated take home salary of a Vice President Business Strategy at SBI Life Insurance Company in India?
The estimated take-home salary of a Vice President Business Strategy at SBI Life Insurance Company in India typically ranges from ₹3,19,383 to ₹3,31,544 per month. This is based on the average salary range of ₹55.0 Lakhs to ₹60.0 Lakhs per year for employees with experience ranging from 18 years to 22 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 5 salaries received from various employees of SBI Life Insurance Company. Check how we calculate in-hand salary with our in-hand salary calculator.
How the salary growth look like for a Vice President Business Strategy at SBI Life Insurance Company in India?
The salary growth for a Vice President Business Strategy at SBI Life Insurance Company depends on factors such as experience, performance, and promotions. On average, a Vice President Business Strategy can expect the following growth trajectory at SBI Life Insurance Company:

Experience Average Salary Range
15 years ₹55.0 Lakhs to ₹60.0 Lakhs per year
and so on.

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SBI Life Insurance Company Vice President Business Strategy salary in India ranges between ₹55 Lakhs to ₹60 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.