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SBI Life Insurance Company

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3.8

based on 3.7k Reviews

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Senior Business Development Executive
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SBI Life Insurance Company Senior Business Development Executive Salaries in India

based on 451 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

Senior Business Development Executive

1 - 10 years exp. (436 salaries)
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₹2.2 L/yr - ₹5.4 L/yr

LM

1 - 2 years exp. (6 salaries)
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₹1.2 L/yr - ₹3.5 L/yr

Senior Software Engineer

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

Clerk

1 - 8 years exp. (6 salaries)
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₹0.5 L/yr - ₹3 L/yr

Engineer- Customer Support

1 - 5 years exp. (6 salaries)
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₹1.5 L/yr - ₹2.5 L/yr

Manager M1

2 - 17 years exp. (6 salaries)
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₹8.4 L/yr - ₹11.6 L/yr

Investment Manager

6 - 10 years exp. (6 salaries)
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₹15 L/yr - ₹19 L/yr

Sales Management Trainee

Fresher (6 salaries)
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₹6 L/yr - ₹7.5 L/yr

Corporate Manager

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

LIC Agent

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

Financial Analyst

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

BD Manager

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

Regional Manager

12 - 30 years exp. (6 salaries)
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₹30 L/yr - ₹39.1 L/yr

Back Office Associate

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

Area Bancassurance Manager

4 - 21 years exp. (6 salaries)
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₹5.9 L/yr - ₹14 L/yr

Credit Life Manager

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

Sales Support Staff

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

Senior Bancassurance Area Manager

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

Zonal Bancassurance Sales Manager

8 - 26 years exp. (6 salaries)
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₹11.4 L/yr - ₹37 L/yr

Senior Associate Manager

0 - 6 years exp. (6 salaries)
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₹3.3 L/yr - ₹4.6 L/yr

Senior Branch Sales Manager

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

Last Updated: 3 Jan, 2025

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New Job, Higher Pay, Now I’m Feeling Awkward
I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!
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Salary related reviews for SBI Life Insurance Company

3.4

Rated by 185 employees for salary & benefits

Senior Business Development Executive in Ongole

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 09 Jun 2023
2.0
 for  Salary and Benefits

Likes

No positive to tell company not good salary not good supporting staff.

Dislikes

Treating very cheap to front line employees(Field workers).and also no support to superior s.. always blamed for front line employees.

read more
  • Salary - Poor
    • +4 more

Senior Business Development Executive in Fatehpur Sikri

BFSI, Investments & Trading Department

1.0
  •  posted on 31 May 2022
1.0
 for  Salary and Benefits

Likes

Work culture is worst in the whole world. Management is worst in the whole world specially salary deduction is the main culture in management just because of management mood I have proof for the same anyone can ask me for that I'll show you. As compare to other company working in India the company policies are also not good.

read more

Dislikes

...ted in managerial position at fatehpur in U.P. he behaves himself like superman. He deducts the salary without reason record voice calling of thier subordinates then blackmail them threat them for salary deduction and job loss etc.. etc.. etc.. That's why I request you all DON'T JOIN SBILIFE BEWARE OF SBILIFE. This is not a one man story it's a culture of sbilife. I personally faced all the things mentioned above it's not a story it's a fact of so called SBILIFE INSURANCE COMPANY LTD. THANK YOU JAI HIND JAI BHARAT

read more
  • Salary - Bad
    • +6 more

Senior Business Development Executive in Raipur

Sales Department

4.0
  •  posted on 24 Sep 2021
5.0
 for  Salary and Benefits

Likes

Very good job security, salary on time. QVP is good. Promotion criteria is fully transparent upto Senior BDM level.

read more
  • Salary - Excellent
    • +2 more

Dislikes

Company is very good but some senior person are pulling down its reputation. Specially in Bhopal circle, seniors like Deputy RM, ZAM put excessive pressure to sell only one specific product. Too much Whatsapp groups. There are too much "Yes Sir" man here. Conference calls and training only conducted on weekends.

read more
  • Company culture - Poor
    • +1 more

Senior Business Development Executive in Bangalore / Bengaluru

Sales & Marketing Department

1.0
  •  posted on 20 Oct 2021
1.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

...r not selling particular product which they say and their is no much benefit.... Lesser salary more working hours and HR department is not strong .... I feel school kind of office like punishment and unofficial words .... Please do not join this company and worst company ever

read more
  • Salary - Bad
    • +6 more

Senior Business Development Executive in Godda

BANCASSURANCE(LIFE INSURANCE) Department

4.0
  •  posted on 02 Dec 2017
4.0
 for  Salary and Benefits

Likes

This company is well inovative and career growth in this compny is average....There is a little bit of Job security , salary and appraisal is good...Frequent traveling...No politics...work environment is average....Work life balance is good...

read more
  • Salary - Good
    • +3 more

Dislikes

Frequent traveling

see more salary related reviews

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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 451 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 3.4/5 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 ₹12.53 lakhs per year. The top 1% earn more than a whopping ₹35.54 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 ₹5.5 Lakhs to ₹12 Lakhs per year for Assistant Manager.
What is the notice period for Senior Business Development Executive at SBI Life Insurance Company?
According to AmbitionBox, 44% of the SBI Life Insurance Company Senior Business Development Executives reported a notice period of 1 Month, 36% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 613 responses on AmbitionBox in last 2 years.

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Average annual salary for Senior Business Development Executive in SBI Life Insurance Company is INRunlock blur . Salary estimates are based on 451 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

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