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SBI General Insurance Management Trainee salaries in India (Updated 2025)

Annual salary range
0 - 3 years exp.
₹8 Lakhs - ₹13 Lakhs
Salary of majority employees
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26% 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)
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₹8 L/yr - ₹9.6 L/yr

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

Finance & Accounting
Management Trainee Salary
0 - 1 year exp. (AmbitionBox Estimate)
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₹9.6 L/yr - ₹10 L/yr

Last Updated: 14 Mar 2025

Companies similar to SBI General Insurance for Management Trainee

Company name Avg Annual Salary Open Jobs
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₹4 L/yr - ₹9 L/yr

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₹2.8 L/yr - ₹7 L/yr

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HDFC Life Management Trainee Salary

0 - 3 years exp. (145 salaries)

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₹4.8 L/yr - ₹15 L/yr

arrow icon 11% more
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₹5 L/yr - ₹20 L/yr

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₹3 L/yr - ₹9.1 L/yr

arrow icon 25% less
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₹3.5 L/yr - ₹10.5 L/yr

arrow icon 13% less
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₹4 L/yr - ₹17 L/yr

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₹3.5 L/yr - ₹8 L/yr

arrow icon 43% less
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₹16 L/yr - ₹22 L/yr

arrow icon 127% more
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₹4 L/yr - ₹8.5 L/yr

arrow icon 34% less
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₹7 L/yr - ₹15 L/yr

arrow icon 7% more
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Allianz Partners Management Trainee Salary

0 - 7 years exp. (13 salaries)

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₹2.7 L/yr - ₹4.7 L/yr

arrow icon 57% less
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₹3 L/yr - ₹12 L/yr

arrow icon 17% less
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₹4 L/yr - ₹10 L/yr

arrow icon 32% less
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PNB MetLife Management Trainee Salary

0 - 3 years exp. (6 salaries)

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₹6 L/yr - ₹7 L/yr

arrow icon 33% less
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₹2.4 L/yr - ₹10.8 L/yr

arrow icon 37% less
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₹8 L/yr - ₹9 L/yr

arrow icon 12% less
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₹1.5 L/yr - ₹3 L/yr

arrow icon 68% less
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₹2 L/yr - ₹9.1 L/yr

arrow icon 38% less
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AXA Management Trainee Salary

2 - 3 years exp. (4 salaries)

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₹8 L/yr - ₹12 L/yr

arrow icon 11% more
View all
Management Trainee salary at SBI General Insurance ranges between ₹8 Lakhs to ₹13 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 33 latest salaries received from various employees of SBI General Insurance.

Latest annual salaries shared by SBI General Insurance Management Trainee

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Experience wise SBI General Insurance Management Trainee salaries

Last Updated: 14 Mar 2025

Experience Avg Annual Salary
Fresher  (23 salaries)

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₹8 L/yr - ₹12 L/yr
1 year  (5 salaries)

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₹8 L/yr - ₹10 L/yr
2 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹9.6 L/yr
3 years  (4 salaries)

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₹8 L/yr - ₹13 L/yr

Similar Designation salaries in SBI General Insurance

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₹2.93 L/yr - ₹6 L/yr
Accountant Salary
(3 salaries)
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₹3.2 L/yr - ₹3.84 L/yr
Team Lead Salary
(19 salaries)
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₹2.8 L/yr - ₹5.45 L/yr
Financial Analyst Salary
(AmbitionBox Estimate)
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₹17.1 L/yr - ₹21.8 L/yr
Analyst Salary
(4 salaries)
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₹1.85 L/yr - ₹9.92 L/yr
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₹2.7 L/yr - ₹7.5 L/yr
Senior Analyst Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
Deputy Manager Salary
(158 salaries)
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₹3.7 L/yr - ₹9.68 L/yr
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₹3.6 L/yr - ₹6 L/yr
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₹1.75 L/yr - ₹6.6 L/yr

Salary related reviews for SBI General Insurance

3.1

Rated by 5 employees for salary & benefits

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 .

read more
  • Salary - Good
  • +5 more

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

read more

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.

read more

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.

read more
  • Salary - Bad
  • +2 more

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.

read more
  • Salary - Excellent
  • +6 more

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.

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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.

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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.

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  • Salary - Bad
  • +6 more

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,

read more
  • Salary - Excellent
  • +3 more

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 ...

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SBI General Insurance Management Trainee Salary FAQs

What is the salary of Management Trainee at SBI General Insurance ?
The average salary of a Management Trainee at SBI General Insurance in India typically ranges from ₹8.0 Lakhs to ₹13.0 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Management Trainee at SBI General Insurance earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹13.0 Lakhs per year. Management Trainee Salaries at SBI General Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 30+ SBI General Insurance employees in India.
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 in India typically ranges from ₹66,904 to ₹68,617 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹13.0 Lakhs per year for employees with experience ranging from Fresher to 3 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 30+ salaries received from various employees of SBI General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than SBI General Insurance for Management Trainee in India?
Axis Max Life Insurance ₹16.0 Lakhs to ₹22.0 Lakhs per year
Tata AIA Life Insurance ₹5.0 Lakhs to ₹20.0 Lakhs per year
AXA ₹8.0 Lakhs to ₹12.0 Lakhs per year
HDFC Life ₹4.8 Lakhs to ₹15.0 Lakhs per year
Aditya Birla Sun Life Insurance ₹7.0 Lakhs to ₹15.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by SBI General Insurance, depending on the role and experience level.
What is the salary of a Management Trainee in companies similar to SBI General Insurance in India?
The salary of a Management Trainee at companies similar to SBI General Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Star Union Dai-ichi Life Insurance ₹4.0 Lakhs to ₹17.0 Lakhs per year
ManipalCigna Health Insurance ₹8.0 Lakhs to ₹9.0 Lakhs per year
SBI Life Insurance Company ₹3.5 Lakhs to ₹10.5 Lakhs per year
Aditya Birla Health Insurance Co ₹3.0 Lakhs to ₹12.0 Lakhs per year
Bajaj Allianz Life Insurance ₹3.0 Lakhs to ₹9.1 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Management Trainee at SBI General Insurance in India?
The salary growth for a Management Trainee at SBI General Insurance depends on factors such as experience, performance, and promotions. On average, a Management Trainee can expect the following growth trajectory at SBI General Insurance:

Experience Average Salary Range
Fresher ₹8.0 Lakhs to ₹12.0 Lakhs per year
1 year ₹8.0 Lakhs to ₹10.0 Lakhs per year
2 years ₹3.7 Lakhs to ₹9.6 Lakhs per year
3 years ₹8.0 Lakhs to ₹13.0 Lakhs per year
and so on.

Tell us how to improve this page.

SBI General Insurance Management Trainee salary in India ranges between ₹8 Lakhs to ₹13 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 33 SBI General Insurance latest salaries received from various employees of SBI General Insurance.