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SBI Life Insurance Company

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3.8

based on 3.8k Reviews

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BFSI, Investments & Trading

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SBI Life Insurance Company BFSI, Investments & Trading Department Salaries in India (Updated 2025)

based on 2.7k latest salaries
Designation Avg Annual Salary Open Jobs

Sales Development Manager

2 - 5 years exp. (3 salaries)
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₹2.5 L/yr - ₹3.5 L/yr

Zonal Sales Manager

15 - 17 years exp. (3 salaries)
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₹23 L/yr - ₹29 L/yr

Executive Secretary

7 - 11 years exp. (3 salaries)
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₹6 L/yr - ₹7.1 L/yr

Project Manager

7 - 14 years exp. (3 salaries)
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₹10.5 L/yr - ₹14.5 L/yr

Underwriter

3 - 7 years exp. (3 salaries)
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₹2.5 L/yr - ₹5.2 L/yr

Asst.Marketing Manager

0 - 2 years exp. (3 salaries)
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₹7.5 L/yr - ₹10 L/yr

Insurance Sales

1 - 3 years exp. (3 salaries)
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₹1.4 L/yr - ₹1.7 L/yr

Senior Area Sales Manager

13 - 18 years exp. (3 salaries)
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₹14.5 L/yr - ₹20.3 L/yr

Agency Development Manager

6 - 9 years exp. (3 salaries)
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₹3.7 L/yr - ₹4.2 L/yr

Sales Consultant

2 - 7 years exp. (3 salaries)
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₹1.8 L/yr - ₹2.3 L/yr

Manager M1

3 - 14 years exp. (3 salaries)
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₹8.4 L/yr - ₹11.6 L/yr

Product Manager

2 - 4 years exp. (3 salaries)
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₹7.8 L/yr - ₹10 L/yr

Claims Manager

16 - 20 years exp. (3 salaries)
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₹12.5 L/yr - ₹15.5 L/yr

Area Manager - Sales & Marketing

12 - 15 years exp. (3 salaries)
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₹7.5 L/yr - ₹12 L/yr

Insurance Sales Manager

3 - 5 years exp. (3 salaries)
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₹2.8 L/yr - ₹3.5 L/yr

Fund Manager

11 - 12 years exp. (3 salaries)
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₹40 L/yr - ₹50 L/yr

Back Office Executive

2 - 5 years exp. (3 salaries)
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₹2.2 L/yr - ₹4 L/yr

Associate Consultant

0 - 3 years exp. (3 salaries)
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₹1.5 L/yr - ₹3 L/yr

Assistant Vice President 1

12 - 16 years exp. (3 salaries)
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₹13.6 L/yr - ₹16.1 L/yr

Bancassurance Business Development Manager

6 - 8 years exp. (3 salaries)
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₹4.6 L/yr - ₹5.5 L/yr

Last Updated: 4 Mar, 2025

Top trending discussions

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Salary Discussions, Hike & Promotions
2w
a senior quality lead
Help me with in hand salary
Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions
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Salary related reviews for SBI Life Insurance Company

3.5

Rated by 1.5k employees for salary & benefits

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.

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

Development Manager in Jhargram

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 18 Oct 2023
1.0
 for  Salary and Benefits

Likes

...R profile like a puppet.Every single decesion are managed by higher authorities. No work and life balance, salary are on time but no increment very pathetic salary structure. No self respect. No work time. No emotion . Daily pressure. Vary vary bad 😭

read more
  • Job security - Good
    • +1 more

Dislikes

Every thing Accept salary on time

  • Salary - Bad
    • +4 more

Development Manager in Chikkaballapur

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 05 Aug 2023
5.0
 for  Salary and Benefits

Likes

Good company banded n work culture is very good company provide salary before 31st to motivate employees

read more
  • Salary - Excellent
    • +4 more

Dislikes

As its a sales profile it involves pressure n one more thing us as v appoint advisors advisors won't work only DM should work n give benefits to the lm sone lms are only for fulfilling job criteria 90% LM job is going to be done by DM only

read more

Area Sales Manager in Vijayawada

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 05 Aug 2023
5.0
 for  Salary and Benefits

Likes

I am so Proud to say Working this organisation last 4years. i got a two promotions last two years.

  • Salary - Excellent
    • +6 more

Dislikes

I expecting Long time Vintage Employes Expect Minimum Salary hike. because Now a days out side companies giving a more salary hikes Vintage persons so Our Company giving a minimum hikes of Vintage Employes it will so benefit and no one live Our Company.

read more

BDM in Salem

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 06 Nov 2023
1.0
 for  Salary and Benefits

Likes

...east HRs are doing basic work means many candidates carrier will not get spoil. My only suggestion for HRs in SBI life is please do the basic job for the salary what you are earning if not means don't purchase food or groceries for their family in that salary money

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Dislikes

Manager , Management, HR in India Bank bancassurance channel if anyone joins in SBI life means carrier will lost. Please ask those who are currently working in SBI life too

read more
  • Salary - Bad
    • +6 more
see more salary related reviews

SBI Life Insurance Company interview questions by designations

Business Development Manager (19)Senior Associate (10)Senior Business Development Manager (10)Senior Business Development Executive (10)
View all 219 interview experiences
More about working at SBI Life Insurance Company

SBI Life Insurance Company Salary FAQs

How much does SBI Life Insurance Company pay per year?
The average SBI Life Insurance Company salary ranges from approximately ₹0.2 Lakh to ₹3 Lakhs per year for a Banking Assistant and ₹45 Lakhs to ₹1.1 Crore per year for a Senior Vice President. Salary estimates are based on 2.7k SBI Life Insurance Company salaries received from various employees of SBI Life Insurance Company. SBI Life Insurance Company employees rate the overall salary and benefits package 3.5/5 stars.
What is the highest salary in SBI Life Insurance Company?
The highest-paying job at SBI Life Insurance Company is a Senior Vice President with a salary of ₹45 Lakhs to ₹1.1 Crore per year. The top 10% of employees earn more than ₹12.77 lakhs per year. The top 1% earn more than a whopping ₹35.51 lakhs per year.
What is the minimum salary in SBI Life Insurance Company?
Minimum salary at SBI Life Insurance Company depends on the role you are applying for. For Associate the minimum salary is ₹1 Lakh to ₹4.2 Lakhs per year, and for Development Manager the minimum salary is ₹1.8 Lakh to ₹4.5 Lakhs per year and so on.
What is the salary package for freshers in SBI Life Insurance Company?
The average salary at SBI Life Insurance Company for freshers varies from ₹1 Lakh to ₹2 Lakhs per year for Telecaller and ₹5.6 Lakhs to ₹10.5 Lakhs per year for Management Trainee.
What is the notice period at SBI Life Insurance Company in BFSI, Investments & Trading Department?
According to AmbitionBox, 35% of the SBI Life Insurance Company employees in BFSI, Investments & Trading Department reported a notice period of 1 Month, 28% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 2.7k responses on AmbitionBox in last 2 years.

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Average annual salary in BFSI, Investments & Trading department at SBI Life Insurance Company is INRunlock blur . Salary estimates are based on 2.7k SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

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