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SBI Life Insurance Company

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3.8

based on 3.7k Reviews

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Development Manager
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SBI Life Insurance Company Development Manager Salaries in India

based on 317 latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Sales & Business Development Customer Success, Service & Operations Marketing & Communication + 6 more
Designation Avg Annual Salary Open Jobs

Development Manager

0 - 12 years exp. (334 salaries)
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₹1.8 L/yr - ₹4.6 L/yr

1 job opening

Operations Executive

1 - 10 years exp. (48 salaries)
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₹1.1 L/yr - ₹5.5 L/yr

Operations Manager

6 - 17 years exp. (46 salaries)
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₹3.6 L/yr - ₹13 L/yr

Branch Development Manager

4 - 9 years exp. (46 salaries)
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₹2.8 L/yr - ₹5.8 L/yr

Financial Advisor

1 - 6 years exp. (45 salaries)
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₹0.7 L/yr - ₹4.1 L/yr

Senior Territory Manager

3 - 15 years exp. (44 salaries)
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₹5.3 L/yr - ₹7 L/yr

Deputy Manager

2 - 15 years exp. (41 salaries)
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₹2.2 L/yr - ₹10 L/yr

Assistant Area Manager

8 - 17 years exp. (40 salaries)
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₹5.1 L/yr - ₹9.3 L/yr

SBI Life Insurance

0 - 9 years exp. (40 salaries)
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₹1.5 L/yr - ₹5 L/yr

Divisional Manager

13 - 25 years exp. (38 salaries)
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₹12 L/yr - ₹25 L/yr

Management Trainee

0 - 2 years exp. (37 salaries)
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₹3.5 L/yr - ₹10.5 L/yr

Key Account Manager

1 - 16 years exp. (33 salaries)
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₹6 L/yr - ₹14 L/yr

Life Insurance Advisor

1 - 5 years exp. (33 salaries)
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₹1 L/yr - ₹4.5 L/yr

Divisional Sales Manager

11 - 20 years exp. (30 salaries)
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₹10 L/yr - ₹28 L/yr

Assistant Manager- HR

0 - 10 years exp. (30 salaries)
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₹4.8 L/yr - ₹10.3 L/yr

Assistant Manager Operations

7 - 16 years exp. (30 salaries)
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₹4.1 L/yr - ₹9.1 L/yr

Branch Head

8 - 20 years exp. (27 salaries)
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₹5 L/yr - ₹15 L/yr

Business Manager

5 - 16 years exp. (27 salaries)
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₹5.1 L/yr - ₹8.5 L/yr

Senior Divisional Manager

14 - 25 years exp. (26 salaries)
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₹15 L/yr - ₹28.8 L/yr

HR Manager

2 - 16 years exp. (26 salaries)
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₹7 L/yr - ₹16 L/yr

Area Sales Manager

4 - 15 years exp. (25 salaries)
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₹3.8 L/yr - ₹13.5 L/yr

Last Updated: 2 Jan, 2025

Top trending discussions

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Salary Discussions, Hike & Promotions
2w (edited)
a senior quality lead
Offer letter - Accepted
Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?
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Salary related reviews for SBI Life Insurance Company

3.6

Rated by 164 employees for salary & benefits

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 Kolhapur

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 23 Mar 2024
2.0
 for  Salary and Benefits

Likes

SBI LIFE company one of d best Lerner and advance business development company. I learnt about recruitment, business development, product knowledge, proper training, market identification, prospect screening everything... This base given me stronger now make my leadership skills, culture is very good, supportive operation staff, digital marketing services also digital payment security is one of d best function. I like learning, build relationships with my team, products and culture.

read more
  • Skill development - Good
    +2 more

Dislikes

It's issue about low salary, holiday weekend not allowed, some seniors behaviour very rude and harrasment. Company HR not responded after leaving job, some manager HR not understanding what is situation about employee. Very badly speak in front of our team, ts hurt.

read more
  • Salary - Poor

Development Manager in New Delhi

Full Time

 · 

Other Department

5.0
  •  posted on 25 Nov 2023
5.0
 for  Salary and Benefits

Likes

Company is very good mangement is also good everyone supporting everything

  • Salary - Excellent
    +6 more

Dislikes

There are not supporting lead and salary is fixed convince is fixed adviser earn more commission and incentives is very cheap

read 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

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Product Manager in Mumbai

Engineering - Software & QA Department

5.0
  •  posted on 03 Sep 2020
3.0
 for  Salary and Benefits

Likes

During this Covid-19, SBI Life is very supportive & understands the situation well. SBI Life is allowing and encouraging it's employees to work from home, for the same company's IT team is providing all support and resources to make work from home convenient for all.

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  • Skill development - Excellent
    +3 more

Dislikes

Career growth and opportunities are low. Compensation n Benefits are average.

read more
  • Promotions - Poor
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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 317 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 3.6/5 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 ₹12.58 lakhs per year. The top 1% earn more than a whopping ₹35.58 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 ₹4.6 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 ₹4.4 Lakhs to ₹10.5 Lakhs per year for Management Trainee.
What is the notice period for Development Manager at SBI Life Insurance Company?
According to AmbitionBox, 42% of the SBI Life Insurance Company Development Managers reported a notice period of 1 Month, 35% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 787 responses on AmbitionBox in last 2 years.

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Average annual salary for Development Manager in SBI Life Insurance Company is INRunlock blur . Salary estimates are based on 317 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

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