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SBI Life Insurance Company Assistant Manager Salaries in India

based on 512 latest salaries
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Designation Avg Annual Salary Open Jobs
0 - 15 years exp. (512 salaries)
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₹4 L/yr - ₹12 L/yr

2 - 23 years exp. (12 salaries)
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₹9 L/yr - ₹16 L/yr

3 - 8 years exp. (12 salaries)
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₹3.3 L/yr - ₹5.5 L/yr

0 - 9 years exp. (12 salaries)
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₹2.5 L/yr - ₹4 L/yr

8 - 16 years exp. (12 salaries)
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₹17 L/yr - ₹30 L/yr

5 - 16 years exp. (11 salaries)
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₹4.9 L/yr - ₹6 L/yr

12 - 20 years exp. (11 salaries)
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₹11.7 L/yr - ₹26 L/yr

4 - 16 years exp. (11 salaries)
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₹5.1 L/yr - ₹11.6 L/yr

1 - 6 years exp. (11 salaries)
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₹3.3 L/yr - ₹7.5 L/yr

2 - 9 years exp. (10 salaries)
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₹3 L/yr - ₹4.4 L/yr

9 - 21 years exp. (10 salaries)
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₹6.5 L/yr - ₹10.2 L/yr

0 - 8 years exp. (10 salaries)
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₹1 L/yr - ₹7.1 L/yr

0 - 5 years exp. (10 salaries)
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₹2.4 L/yr - ₹3.3 L/yr

2 - 5 years exp. (9 salaries)
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₹6 L/yr - ₹8.5 L/yr

0 - 4 years exp. (9 salaries)
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₹5 L/yr - ₹8 L/yr

3 - 9 years exp. (9 salaries)
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₹3 L/yr - ₹5.5 L/yr

8 - 11 years exp. (8 salaries)
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₹14.2 L/yr - ₹25 L/yr

3 - 7 years exp. (8 salaries)
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₹1.8 L/yr - ₹4.3 L/yr

13 - 29 years exp. (8 salaries)
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₹11.4 L/yr - ₹15.3 L/yr

2 - 10 years exp. (8 salaries)
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₹2.9 L/yr - ₹4.3 L/yr

2 - 7 years exp. (8 salaries)
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₹5.2 L/yr - ₹11.5 L/yr

Last Updated: 22 Dec, 2024

Salary related reviews for SBI Life Insurance Company

3.1

Rated by 92 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 15 Jan 2022

1.0
 for  Salary and Benefits

Likes

... more than 6-7yrs in this company only they can get success otherwise no chance. BDM of Institutional Alliance will never get expenses, allowances & bonus. Only Area Manager & above are happy. All are kaamchor oldies but they will not leave there seats and even president and MD also enjoy this culture. No increment no life. HR (Bihar- Abhijit Saha) is the most incompetent, he will never ans you & never support you he is just like a puppet of RM & ZAM even he is use too mentally harass you when you leave the organisation by not replying you & not giving reliving as well FnF on time. The IA channel employees are treated as temp staff, there is no cultural program, no refreshment activity, no training. Target will never be achieved as business partner bank not allow them to do business because Sbilife gives very low commission to them but seniors will screw you but they don't have strong relationship with the GM or AGM.

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Dislikes

Institutional Alliance segment should be close, old employees should be thrown out company regularly promotion & expense distribution should be regularised.

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BFSI, Investments & Trading Department

5.0
  •  posted on 20 Apr 2022

5.0
 for  Salary and Benefits

Likes

One of the best place for female, I have completed 10 year. Every month end salary debited in account.

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Dislikes

Some incentive criteria should offer for back office support. Please instruct to branches avoid to late sitting because its affected to personal life.

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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.

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Dislikes

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

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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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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.

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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 512 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 3.1/5 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 ₹12.52 lakhs per year. The top 1% earn more than a whopping ₹35.17 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 ₹4.5 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 for Assistant Manager at SBI Life Insurance Company?
According to AmbitionBox, 39% of the SBI Life Insurance Company Assistant Managers reported a notice period of 3 Months, 35% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 365 responses on AmbitionBox in last 2 years.

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Average annual salary for Assistant Manager in SBI Life Insurance Company is INRunlock blur . Salary estimates are based on 512 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

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