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SBI Life Insurance Company Executive Trainee salaries in India

Annual salary range
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₹3 Lakhs - ₹4.3 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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34% less than the average Executive Trainee Salary in Insurance Companies for Fresher

Interested in this particular role?

Last Updated: 10 Jul 2023

Companies similar to SBI Life Insurance Company for Executive Trainee

Company name Avg Annual Salary Open Jobs
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HDFC Life Executive Trainee Salary

0 - 4 years exp. (551 salaries)

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₹3 L/yr - ₹5.8 L/yr

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₹4 L/yr - ₹6 L/yr

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₹3 L/yr - ₹4 L/yr

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₹3.5 L/yr - ₹3.8 L/yr

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ICICI Prudential Life Insurance Executive Trainee Salary

1 - 2 years exp. (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.3 L/yr

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Executive Trainee salary at SBI Life Insurance Company ranges between ₹3 Lakhs to ₹4.3 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 5 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Executive Trainee

1y ago
₹3 Lakhs
6 months exp.
1y ago
₹3 Lakhs
6 months exp.

Experience wise SBI Life Insurance Company Executive Trainee salaries

Last Updated: 10 Jul 2023

Experience Avg Annual Salary
Fresher  (5 salaries)

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₹3 L/yr - ₹4.3 L/yr
SBI Life Insurance Company Executive Trainee Salary and Career Growth

From

To

Executive Trainee

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Fresher

Zonal Area Manager

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14 - 21 years exp.

Executive Trainee

Fresher
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Business Development Executive

0 - 7 years exp.
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arrow icon 6% hike

Sr. BDE

2 - 9 years exp.
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arrow icon 29% hike
Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in SBI Life Insurance Company

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₹3.54 L/yr - ₹10.5 L/yr
Deputy Manager Salary
(42 salaries)
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₹2.2 L/yr - ₹9 L/yr
Senior Analyst Salary
(3 salaries)
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₹10 L/yr - ₹50 L/yr
Accounts Officer Salary
(AmbitionBox Estimate)
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₹475 L/yr - ₹525 L/yr
Accountant Salary
(9 salaries)
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₹7.12 L/yr - ₹9.99 L/yr
Team Lead Salary
(14 salaries)
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₹2.3 L/yr - ₹6 L/yr
Senior Associate Salary
(539 salaries)
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₹2.3 L/yr - ₹7 L/yr
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₹2 L/yr - ₹7.5 L/yr
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₹1.2 L/yr - ₹3.5 L/yr
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₹1.2 L/yr - ₹5.5 L/yr

Salary related reviews for SBI Life Insurance Company

1.0

Rated by 3 employees for salary & benefits

Sales Department

1.0
  •  posted on 08 Aug 2017

1.0
 for  Salary and Benefits

Likes

The only thing I find better is bit of work life balance .

Dislikes

... time and I think only Sbilife is responsible for such lame start of my carrier. And at last they didt even paid my yearly bonus.

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 02 Nov 2023

4.0
 for  Salary and Benefits

Likes

Salary and benefits are supportive.

  • Salary - Good
  • +1 more

Dislikes

No work life balance. The sales team pushes things like hell specially in the eastern region of the country. Third Saturday is a leave according to the company's leave policies but we don't get that leave.

read more
  • Skill development - Poor
  • +4 more

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 30 May 2022

3.0
 for  Salary and Benefits

Likes

Average work environment and culture . Teammates are supportive and the management is selfish. Company policies are bad . Appraisals not fair in this company.

read more
  • Job security - Good

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is very slow

read more
  • Work satisfaction - Poor
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 29 Apr 2018

3.0
 for  Salary and Benefits

Likes

Company is

  • Job security - Good
  • +1 more

Dislikes

Company is good but as per process of career growth, it is very slow. Company's salary structure is also not good. My salary is less than a person who is coming on my position which I had before 2 years

read more

BFSI, Investments & Trading Department

5.0
  •  posted on 29 Oct 2020

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 salary hike and bonus every year.

read more
  • Salary - Excellent
  • +6 more
see more salary related reviews

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SBI Life Insurance Company Executive Trainee Salary FAQs

What is the salary of Executive Trainee at SBI Life Insurance Company ?
The average salary of a Executive Trainee at SBI Life Insurance Company in India typically ranges from ₹3.0 Lakhs to ₹4.3 Lakhs per year, depending on experience (from Fresher to 0 year).

The top 10% of Executive Trainee at SBI Life Insurance Company earn more than ₹4.3 Lakhs per year, and the top 1% earn over ₹4.3 Lakhs per year. Executive Trainee Salaries at SBI Life Insurance Company 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 5 SBI Life Insurance Company employees in India.
What is the estimated take home salary of a Executive Trainee at SBI Life Insurance Company in India?
The estimated take-home salary of a Executive Trainee at SBI Life Insurance Company in India typically ranges from ₹22,131 to ₹23,612 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹4.3 Lakhs per year for employees with experience ranging from Fresher to 0 year.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of SBI Life Insurance Company. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than SBI Life Insurance Company for Executive Trainee in India?
Bajaj Allianz General Insurance ₹4.0 Lakhs to ₹6.0 Lakhs per year
HDFC Life ₹3.0 Lakhs to ₹5.8 Lakhs per year
ICICI Prudential Life Insurance ₹3.4 Lakhs to ₹4.3 Lakhs per year
SBI General Insurance ₹3.0 Lakhs to ₹4.0 Lakhs per year
Bajaj Allianz Life Insurance ₹3.5 Lakhs to ₹3.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by SBI Life Insurance Company, depending on the role and experience level.
How the salary growth look like for a Executive Trainee at SBI Life Insurance Company in India?
The salary growth for a Executive Trainee at SBI Life Insurance Company depends on factors such as experience, performance, and promotions. On average, a Executive Trainee can expect the following growth trajectory at SBI Life Insurance Company:

Experience Average Salary Range
Fresher ₹3.0 Lakhs to ₹4.3 Lakhs per year
and so on.

Tell us how to improve this page.

SBI Life Insurance Company Executive Trainee salary in India ranges between ₹3 Lakhs to ₹4.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.