SBI Life Insurance Company Wealth Manager Salaries by 3 Employees (Updated 2024)

3 - 6 years exp.

₹3.2 Lakhs - ₹7.5 Lakhs

Low Confidence

Salary of majority employees

36% less than the average Wealth Manager Salary in Insurance Companies for 3 - 6 years of experience

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Salaries in different departments

Customer Success, Service & Operations Wealth Manager Salary 6 years exp. (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.3 L/yr
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Sales & Business Development Wealth Manager Salary 5 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.5 L/yr

Last Updated: 27 Sep 2024

Companies similar to SBI Life Insurance Company for Wealth Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Wealth Manager Salary 0 - 2 years exp. (4 salaries)	₹4 L/yr - ₹5.2 L/yr 3% less
HDFC Life Wealth Manager Salary 5 - 14 years exp. (4 salaries)	₹4.5 L/yr - ₹5.3 L/yr 1% more
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Max Life Insurance Wealth Manager Salary 2 - 8 years exp. (5 salaries)	₹3.5 L/yr - ₹5.5 L/yr 4% more
Bajaj Allianz Life Insurance Wealth Manager Salary 1 - 9 years exp. (13 salaries)	₹4.8 L/yr - ₹8.8 L/yr 50% more
Kotak Mahindara Life Insurance Wealth Manager Salary 10 - 13 years exp. (4 salaries)	₹5.5 L/yr - ₹10 L/yr 76% more
Tata AIA Life Insurance Wealth Manager Salary 0 - 6 years exp. (7 salaries)	₹3 L/yr - ₹6 L/yr 14% less
Aditya Birla Sun Life Insurance Wealth Manager Salary 0 - 3 years exp. (3 salaries)	₹4.5 L/yr - ₹9 L/yr 33% more
Life Insurance Corporation of India Wealth Manager Salary 6 - 10 years exp. (5 salaries)	₹3.1 L/yr - ₹7.6 L/yr 17% less
Shriram Life Insurance Wealth Manager Salary 5 - 11 years exp. (5 salaries)	₹4.3 L/yr - ₹5.3 L/yr 8% more

Wealth Manager salary at SBI Life Insurance Company ranges between ₹3.2 Lakhs to ₹7.5 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 3 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Wealth Manager salaries

Last Updated: 27 Sep 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
5 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
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6 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr

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Salary related reviews for SBI Life Insurance Company

5.0

Rated by 1 employees for salary & benefits

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 Manager in Rajkot

Full Time

Sales & Business Development Department

3.0

• posted on 01 Feb 2023

2.0

for Salary and Benefits

Likes

Company culture is very bad only pressure nothing or

Dislikes

Official working days me bhi office bulate hain aur bill pay nahi karte hain personal life jaish kuchh nahi rehta hain aur morning 7:00am zoom start kar dete hain

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.

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is very slow

Business Development Manager in Jaipur

Full Time

Sels Department

5.0

• posted on 12 Apr 2021

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 good salary hike and bonus every year.

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

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

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

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Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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SBI Life Insurance Company Wealth Manager Salary FAQs

What is the notice period for Wealth Manager at SBI Life Insurance Company?

According to AmbitionBox, 50% of the SBI Life Insurance Company Wealth Managers reported a notice period of 1 Month, 50% reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Wealth Manager Salaries

SBI Life Insurance Company Wealth Manager salary in India ranges between ₹3.2 Lakhs to ₹7.5 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.