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

based on 237 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
5 - 13 years exp. (208 salaries)
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₹3.4 L/yr - ₹8.5 L/yr

0 - 14 years exp. (941 salaries)
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₹1.9 L/yr - ₹7 L/yr

1 - 8 years exp. (412 salaries)
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₹2.7 L/yr - ₹5.4 L/yr

0 - 7 years exp. (167 salaries)
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₹2 L/yr - ₹4.5 L/yr

4 - 16 years exp. (108 salaries)
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₹4 L/yr - ₹7 L/yr

0 - 10 years exp. (86 salaries)
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₹1.2 L/yr - ₹5.6 L/yr

1 job opening
0 - 10 years exp. (61 salaries)
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₹2.5 L/yr - ₹6 L/yr

2 - 15 years exp. (39 salaries)
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₹2.2 L/yr - ₹10 L/yr

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

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

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

5 - 16 years exp. (9 salaries)
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₹5.2 L/yr - ₹6 L/yr

12 - 30 years exp. (8 salaries)
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₹30 L/yr - ₹39.1 L/yr

15 - 20 years exp. (7 salaries)
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₹18 L/yr - ₹30 L/yr

5 - 6 years exp. (6 salaries)
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₹3.2 L/yr - ₹5.2 L/yr

1 - 8 years exp. (4 salaries)
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₹1.9 L/yr - ₹8 L/yr

9 - 16 years exp. (4 salaries)
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₹3.4 L/yr - ₹4.5 L/yr

0 - 6 years exp. (4 salaries)
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₹2.3 L/yr - ₹4.5 L/yr

1 - 3 years exp. (AmbitionBox Estimate)
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₹7.7 L/yr - ₹9.8 L/yr

5 - 6 years exp. (AmbitionBox Estimate)
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₹6.6 L/yr - ₹8.5 L/yr

0 - 11 years exp. (540 salaries)
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₹2.3 L/yr - ₹6.8 L/yr

Last Updated: 2 Jan, 2025

Salary related reviews for SBI Life Insurance Company

3.6

Rated by 120 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 20 Apr 2022

2.0
 for  Salary and Benefits

Likes

Best brand in insurance sector..well known..

  • Skill development - Good
  • +4 more

Dislikes

Salary is low as per targets given by company..incentives are good but company has to think for good salary as well.. Products is not up to the mark as per market competition.

read more
  • Salary - Poor

Sales & Business Development Department

4.0
  •  posted on 27 Sep 2019

5.0
 for  Salary and Benefits

Likes

...where but for the same No abusing Words used by Higher authorities for Business. Compensation also good. Over All good company

read more
  • Salary - Excellent
  • +6 more

Dislikes

Company has holiday on every 2&3 Saturday.. But we need to go on Works on these Holiday also...

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.

read more
  • Salary - Poor

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 05 Aug 2023

5.0
 for  Salary and Benefits

Likes

I am so Proud to say Working this organisation last 4years. i got a two promotions last two years.

  • Salary - Excellent
  • +6 more

Dislikes

I expecting Long time Vintage Employes Expect Minimum Salary hike. because Now a days out side companies giving a more salary hikes Vintage persons so Our Company giving a minimum hikes of Vintage Employes it will so benefit and no one live Our Company.

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Full Time

 · 

Marketing & Communication Department

4.0
  •  posted on 13 Sep 2023

5.0
 for  Salary and Benefits

Likes

very good company with good oppurtunities and good pay

  • Salary - Excellent
  • +4 more

Dislikes

management is not so good,specially our managers always threatning for resign and salary hold.company needs to fix this kind of problems for their employee to work with full motivation

read more
  • Job security - Poor
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Average annual salary for Senior Business Development Manager in SBI Life Insurance Company is INRunlock blur . Salary estimates are based on 200+ SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

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