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SBI Life Insurance Company

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3.8

based on 3.9k Reviews

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SBI Life Insurance Company Development Manager Salaries in India (Updated 2025)

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. (343 salaries)
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₹1.8 L/yr - ₹4.8 L/yr

2 job openings

Associate Branch Manager

3 - 20 years exp. (22 salaries)
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₹5.8 L/yr - ₹9.1 L/yr

AVP

12 - 18 years exp. (21 salaries)
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₹10 L/yr - ₹31 L/yr

Manager OPS

10 - 16 years exp. (21 salaries)
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₹6.2 L/yr - ₹11 L/yr

BDM Sales

0 - 9 years exp. (20 salaries)
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₹3.5 L/yr - ₹5.5 L/yr

Senior Territory Manager

7 - 13 years exp. (20 salaries)
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₹5.3 L/yr - ₹7 L/yr

Agent

1 - 8 years exp. (18 salaries)
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₹1 L/yr - ₹7 L/yr

Senior Bdm Manager

1 - 10 years exp. (18 salaries)
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₹3 L/yr - ₹6.7 L/yr

Sales Support Executive

0 - 8 years exp. (17 salaries)
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₹1.5 L/yr - ₹4.5 L/yr

Area Sales Manager

6 - 14 years exp. (17 salaries)
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₹3.8 L/yr - ₹13.5 L/yr

Senior Associate 1

0 - 10 years exp. (17 salaries)
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₹3 L/yr - ₹6 L/yr

Business Manager

5 - 12 years exp. (16 salaries)
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₹5.1 L/yr - ₹7.3 L/yr

Agency Development Manager

0 - 9 years exp. (16 salaries)
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₹2.5 L/yr - ₹4.2 L/yr

Training Manager

6 - 15 years exp. (16 salaries)
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₹5.5 L/yr - ₹8 L/yr

Marketing Manager

1 - 9 years exp. (16 salaries)
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₹4.1 L/yr - ₹17 L/yr

Sales Development Manager

0 - 8 years exp. (15 salaries)
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₹2.5 L/yr - ₹4 L/yr

Telecaller

0 - 4 years exp. (15 salaries)
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₹1 L/yr - ₹2 L/yr

Senior Business Development Bancassurancemanager

5 - 13 years exp. (15 salaries)
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₹3.5 L/yr - ₹9 L/yr

Insurance Manager

3 - 12 years exp. (15 salaries)
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₹2.5 L/yr - ₹4.5 L/yr

Team Lead

1 - 13 years exp. (14 salaries)
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₹2.3 L/yr - ₹6 L/yr

Senior Executive Operations

4 - 16 years exp. (14 salaries)
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₹3.6 L/yr - ₹6 L/yr

Last Updated: 2 Jan, 2025

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2w (edited)
peacemaker
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works at
Georgia-Pacific
New offer. Confused.
My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?
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Salary related reviews for SBI Life Insurance Company

3.5

Rated by 185 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.

read more
  • 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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Average annual salary for Development Manager in SBI Life Insurance Company is INRunlock blur . Salary estimates are based on 300+ SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

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