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SBI Life Insurance Company Insurance Adviser Salaries in India (Updated 2025)

based on 76 latest salaries
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Designation Avg Annual Salary Open Jobs
0 - 6 years exp. (172 salaries)
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₹1 L/yr - ₹5.5 L/yr

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

13 - 29 years exp. (6 salaries)
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₹11.4 L/yr - ₹15.3 L/yr

0 - 6 years exp. (6 salaries)
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₹1.5 L/yr - ₹2.1 L/yr

0 - 9 years exp. (6 salaries)
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₹1.7 L/yr - ₹4.3 L/yr

5 - 16 years exp. (6 salaries)
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₹5.5 L/yr - ₹7.4 L/yr

0 - 6 years exp. (6 salaries)
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₹2 L/yr - ₹7.5 L/yr

3 - 11 years exp. (6 salaries)
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₹3.8 L/yr - ₹5 L/yr

2 - 5 years exp. (6 salaries)
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₹5.2 L/yr - ₹8 L/yr

3 - 7 years exp. (6 salaries)
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₹1.2 L/yr - ₹4 L/yr

2 - 6 years exp. (6 salaries)
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₹2.5 L/yr - ₹5.5 L/yr

0 - 3 years exp. (6 salaries)
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₹1.5 L/yr - ₹2.5 L/yr

7 - 22 years exp. (6 salaries)
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₹4 L/yr - ₹13.1 L/yr

0 - 4 years exp. (6 salaries)
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₹1.2 L/yr - ₹2.1 L/yr

9 - 22 years exp. (6 salaries)
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₹13.5 L/yr - ₹15 L/yr

10 - 27 years exp. (6 salaries)
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₹11 L/yr - ₹15 L/yr

0 - 2 years exp. (6 salaries)
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₹1 L/yr - ₹5 L/yr

2 - 4 years exp. (5 salaries)
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₹2.2 L/yr - ₹3.6 L/yr

2 - 9 years exp. (5 salaries)
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₹2.5 L/yr - ₹4.3 L/yr

6 - 13 years exp. (5 salaries)
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₹4.6 L/yr - ₹12.5 L/yr

9 - 17 years exp. (5 salaries)
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₹6.6 L/yr - ₹11.6 L/yr

Last Updated: 15 Jan, 2025

Salary related reviews for SBI Life Insurance Company

4.0

Rated by 93 employees for salary & benefits

Sales & Business Development Department

1.0
  •  posted on 26 Dec 2021

2.0
 for  Salary and Benefits

Likes

Insurance advisors get only commissions based on the product they sell.. No salary.. No job security.. Nothing.. If you sell you get commission, otherwise no money.. There r people who make good money as an insurance advisor.. But i couldn't.. Good selling skill is needed to be a successful insurance agent.. Misselling happens all time.. The client interest is not taken care.. Even persons at top level of management don't know the difference between RRR n normal return.. They don't even know what's RRR.. Financial literacy should be given.. All learned persons know that insurance is not an investment but insurance advisors r taught that it's a good investment return product.. And it's also hard to make a layman wise on financial products.. Even educated people are reluctant to invest money in insurance.. Like I said, a good salesman can definitely make money.. But people with client' interest, ethics would find it hard.. My experience is less, not even 1 year but this is what I learned..

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  • Company culture - Excellent
  • +1 more

Dislikes

There is nothing I dislike.. Good infrastructure.. Brand name s there.. But you have to toil hard to get clients.. Because no client means no commission and you have to reach a sales target for regular income.. No money is given to meet your indirect expenses like petrol etc..

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  • Salary - Poor
  • +1 more

Other Department

4.0
  •  posted on 25 Apr 2022

3.0
 for  Salary and Benefits

Likes

Good work environment and cultural.there is many good policies.give good salary or commission.and company is branded and good response from coustomar.

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  • Promotions - Good
  • +1 more

Dislikes

There is some policies are not good.senior support is very worthy.there is lot of problem to issue policy and a huge terget for for every month.

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SBI Life insurance Department

5.0
  •  posted on 27 Mar 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.

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  • Salary - Excellent
  • +6 more

Dislikes

All Right.

Full Time

 · 

Marketing & Communication Department

5.0
  •  posted on 30 Jan 2025

2.0
 for  Salary and Benefits

Likes

Very good policy, good Behaviour from all senior Management.

  • Skill development - Good
  • +3 more

Dislikes

I am working from last 8 year but my salary is very low. If someone working is in other companies and they switched from there to here they are getting good CTC. If you are working in good location and if your assign branch and branch manager is good so you can get promotion but if you not working in good location or your assign branch is not good it's very deficit to get promotion.

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  • Salary - Poor

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.

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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.

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  • Salary - Bad
  • +4 more
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Average annual salary for Insurance Adviser in SBI Life Insurance Company is INRunlock blur . Salary estimates are based on 70+ SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

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