SBI General Insurance Management Trainee Salaries by 40+ Employees (Updated 2024)

0 - 3 years exp.

₹8 Lakhs - ₹11 Lakhs

Salary of majority employees

12% more than the average Management Trainee Salary in Insurance Companies for 0 - 3 years of experience

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Salaries in different departments

Sales & Business Development Management Trainee Salary 0 - 3 years exp. (8 salaries)	₹8 L/yr - ₹9.6 L/yr
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BFSI, Investments & Trading Management Trainee Salary 0 - 2 years exp. (AmbitionBox Estimate)	₹8 L/yr - ₹9.6 L/yr

Last Updated: 14 Dec 2024

Companies similar to SBI General Insurance for Management Trainee

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Management Trainee Salary 0 - 1 year exp. (182 salaries)	₹4.4 L/yr - ₹12 L/yr 2% less
HDFC Ergo General Insurance Management Trainee Salary 0 - 1 year exp. (10 salaries)	₹13 L/yr - ₹19 L/yr 89% more
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Bajaj Allianz General Insurance Management Trainee Salary 0 - 2 years exp. (80 salaries)	₹6 L/yr - ₹8.9 L/yr 7% less
Reliance General Insurance Management Trainee Salary 0 - 3 years exp. (79 salaries)	₹1.8 L/yr - ₹10 L/yr 32% less
Tata AIG Management Trainee Salary 0 - 2 years exp. (227 salaries)	₹3.8 L/yr - ₹12.2 L/yr 3% less
ICICI Prudential Life Insurance Management Trainee Salary 0 - 2 years exp. (341 salaries)	₹4 L/yr - ₹9.6 L/yr 20% less
Kotak Mahindara Life Insurance Management Trainee Salary 0 - 2 years exp. (194 salaries)	₹1 L/yr - ₹8.6 L/yr 55% less
HDFC Life Management Trainee Salary 0 - 3 years exp. (172 salaries)	₹4.5 L/yr - ₹15 L/yr 8% more
Tata AIA Life Insurance Management Trainee Salary 0 - 2 years exp. (53 salaries)	₹5 L/yr - ₹18.6 L/yr 25% more
SBI Life Insurance Company Management Trainee Salary 0 - 3 years exp. (48 salaries)	₹5.1 L/yr - ₹10.5 L/yr 1% more
Bajaj Allianz Life Insurance Management Trainee Salary 0 - 6 years exp. (34 salaries)	₹3 L/yr - ₹11 L/yr 15% less
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Star Union Dai-ichi Life Insurance Management Trainee Salary 0 - 2 years exp. (22 salaries)	₹4.5 L/yr - ₹17.3 L/yr 16% more
Max Life Insurance Management Trainee Salary 0 - 4 years exp. (21 salaries)	₹11 L/yr - ₹22 L/yr 137% more
Cholamandalam MS General Insurance Management Trainee Salary 0 - 1 year exp. (15 salaries)	₹3.5 L/yr - ₹8 L/yr 34% less
Aditya Birla Sun Life Insurance Management Trainee Salary 0 - 1 year exp. (10 salaries)	₹9 L/yr - ₹15 L/yr 28% more
Aditya Birla Health Insurance Co Management Trainee Salary 0 - 1 year exp. (11 salaries)	₹3.3 L/yr - ₹12 L/yr 2% less
Future Generali India Life Insurance Management Trainee Salary 0 - 1 year exp. (8 salaries)	₹3 L/yr - ₹11 L/yr 11% less
Aviva Life Insurance India Management Trainee Salary 0 - 3 years exp. (7 salaries)	₹4 L/yr - ₹10 L/yr 25% less
PNB MetLife Management Trainee Salary 0 - 2 years exp. (6 salaries)	₹6 L/yr - ₹7 L/yr 27% less
Shriram Life Insurance Management Trainee Salary 0 - 2 years exp. (5 salaries)	₹2 L/yr - ₹10 L/yr 32% less

View all

Management Trainee salary at SBI General Insurance ranges between ₹8 Lakhs to ₹11 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 42 latest salaries received from various employees of SBI General Insurance.

Experience wise SBI General Insurance Management Trainee salaries

Last Updated: 14 Dec 2024

Experience	Avg Annual Salary
Fresher (32 salaries)	₹8 L/yr - ₹11 L/yr
1 year (6 salaries)	₹8 L/yr - ₹10 L/yr
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2 years (AmbitionBox Estimate)	₹8 L/yr - ₹9.6 L/yr
3 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹9.6 L/yr

Similar Designation salaries in SBI General Insurance

Finance Executive Salary

(5 salaries)

₹2.93 L/yr - ₹6 L/yr

Accountant Salary

(3 salaries)

₹3.2 L/yr - ₹3.84 L/yr

Team Lead Salary

(23 salaries)

₹2.8 L/yr - ₹5.45 L/yr

Financial Analyst Salary

(AmbitionBox Estimate)

₹17.1 L/yr - ₹21.8 L/yr

Analyst Salary

(4 salaries)

₹1.85 L/yr - ₹9.92 L/yr

Senior Associate Salary

(5 salaries)

₹2.7 L/yr - ₹7.5 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Deputy Manager Salary

(174 salaries)

₹3.7 L/yr - ₹10.04 L/yr

Account Assistant Salary

(4 salaries)

₹3.6 L/yr - ₹6 L/yr

Relationship Manager Salary

(182 salaries)

₹1.75 L/yr - ₹5.7 L/yr

Salary related reviews for SBI General Insurance

3.8

Rated by 4 employees for salary & benefits

Relationship Manager in Gulbarga

Customer Success, Service & Operations Department

5.0

• posted on 16 Mar 2022

4.0

for Salary and Benefits

Likes

It my pleasure to work with Reputed company like SBIG, As we grow old here we learn soo many things about banking as,it's very friendly atmosphere to work there .

Dislikes

Here we see lot of ups and downs and unhappy with Salary hike ,and Soo much off technical issues ....and when things start going gud tat time only company doo one or other changes..... that will impact soo much

Relationship Manager in Goa

Agency Sales Department

3.0

• posted on 29 Dec 2020

1.0

for Salary and Benefits

Likes

Office team was good. There was work flexibility. Monthly salary used to get on time. Company never deducted Salary during COVID pandemic period.

Dislikes

Joined this company more then year and half back. Initially everything was fine but suddenly company became over aggressive and messed up the things. The back office process in this company is extremely slow and poor. Even the reporting head was so slow that, literally to issue one policy they used to take two days. Poor support from reporting head. He was not even bothered to check my Whats app messages related to work in case of urgency. He did not even showed courtesy to start the process of company travel claim related to my Induction training due to which I lost my 7000 INR.

Relationship Manager in Lucknow

Sales & Business Development Department

5.0

• posted on 18 Dec 2020

5.0

for Salary and Benefits

Likes

During covid-19 period SBI General Support us like our family.Good work environment,culture and here Seniors are very supportive in this pandemic. Great work experience here and our family also satisfy ki I am a part of this organization.

Dislikes

Salary are too low as equal to work experience of the employee.So it request please raise salary correction under certain time period. And in our GMC policy request please increase Sum insured limit under Executive Grade.

Relationship Manager in Patna

Rural Development Government's Businesses Department

1.0

• posted on 29 Aug 2021

1.0

for Salary and Benefits

Likes

Salary pay on time but allowance & reimbursement payments are not available on time and some payments are not paid. Mr Bala, Miss Archana & Miss Dimple are fraud employees in SBIG. They are torture to his junior employees & team. They are bad guys so please don’t work there to work here is not available for best careers.

Dislikes

Company Salary is not survival for everyone and expense is not allowed every month and working culture is very bad. Senior Head is not helpful for guidelines.

Relationship Manager in Nagaur

SALES Department

4.0

• posted on 16 Dec 2019

5.0

for Salary and Benefits

Likes

TRANING TIME GOOD,CAREER GROTH POSSIBLE IF HARD WORK,SALARY MINDBLOWING,TRAVEL DAILY BRANCH VISITE 100-150KM, WORK ENVIORMENT GOOD,

Dislikes

the work pressure is high. daily branch visite and daily travl 14-15 hours in bus.. sometime time 18hours.. rual aera branch ... some time i feel pain ...

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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SBI General Insurance Management Trainee Salary FAQs

What is the salary of Management Trainee at SBI General Insurance?

Management Trainee salary at SBI General Insurance in India ranges between ₹8.0 Lakhs to ₹11.0 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 12% more than the average Management Trainee Salary in India. Salary estimates are based on 42 latest salaries received from various employees of SBI General Insurance India.

How does the salary of a Management Trainee at SBI General Insurance India compare with the average salary range for this job?

The average salary of a Management Trainee at SBI General Insurance is 12% more than the average salary of a Management Trainee in India. To know exact salary insights, login to view.

Which similar companies are paying more than SBI General Insurance to a Management Trainee in India?

Max Life Insurance Management Trainee Salary - ₹11.0 Lakhs to ₹22.0 Lakhs per year
HDFC Ergo General Insurance Management Trainee Salary - ₹13.0 Lakhs to ₹19.0 Lakhs per year
Gallagher Management Trainee Salary - ₹8.8 Lakhs to ₹26.0 Lakhs per year
Aditya Birla Sun Life Insurance Management Trainee Salary - ₹9.0 Lakhs to ₹15.0 Lakhs per year
Tata AIA Life Insurance Management Trainee Salary - ₹5.0 Lakhs to ₹18.6 Lakhs per year

What is the salary of a Management Trainee in companies similar to SBI General Insurance in India?

Star Union Dai-ichi Life Insurance Management Trainee Salary - ₹4.5 Lakhs to ₹17.3 Lakhs per year
HDFC Life Management Trainee Salary - ₹4.5 Lakhs to ₹15.0 Lakhs per year
SBI Life Insurance Company Management Trainee Salary - ₹5.1 Lakhs to ₹10.5 Lakhs per year
Aditya Birla Health Insurance Co Management Trainee Salary - ₹3.3 Lakhs to ₹12.0 Lakhs per year
ICICI Lombard General Insurance Company Management Trainee Salary - ₹4.4 Lakhs to ₹12.0 Lakhs per year

What is the estimated take home salary of a Management Trainee at SBI General Insurance in India?

The estimated take-home salary of a Management Trainee at SBI General Insurance ranges between ₹61,413 per month to ₹62,970 per month in India. The take-home salary calculation is based on the average SBI General Insurance Management Trainee salary in India which ranges between ₹8.0 Lakhs to ₹11.0 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?

What is the notice period for Management Trainee at SBI General Insurance?

According to AmbitionBox, 63% of the SBI General Insurance Management Trainees reported a notice period of 3 Months, 26% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 19 responses on AmbitionBox in last 2 years.

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SBI General Insurance Management Trainee Salaries

SBI General Insurance Management Trainee salary in India ranges between ₹8 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 42 SBI General Insurance latest salaries received from various employees of SBI General Insurance.

SBI General Insurance Management Trainee salaries in India

Companies similar to SBI General Insurance for Management Trainee

Latest annual salaries shared by SBI General Insurance Management Trainee

Experience wise SBI General Insurance Management Trainee salaries

Similar Designation salaries in SBI General Insurance

Salary related reviews for SBI General Insurance

Relationship Manager in Gulbarga

Relationship Manager in Goa

Relationship Manager in Lucknow

Relationship Manager in Patna

Relationship Manager in Nagaur

SBI General Insurance Management Trainee Salary FAQs

Tell us how to improve this page.

SBI General Insurance Management Trainee Salaries by Location