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SBI Life Insurance Company Management Trainee salaries in India (Updated 2025)

Annual salary range
0 - 2 years exp.
₹5.1 Lakhs - ₹10.5 Lakhs
Salary of majority employees
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10% more than the average Management Trainee Salary in Insurance Companies for 0 - 2 years of experience

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Salaries in different departments

Marketing & Communication
Management Trainee Salary
0 - 2 years exp. (8 salaries)
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₹5.9 L/yr - ₹10.5 L/yr

Sales & Business Development
Management Trainee Salary
0 - 1 year exp. (7 salaries)
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₹5.6 L/yr - ₹10.5 L/yr

BFSI, Investments & Trading
Management Trainee Salary
0 - 2 years exp. (5 salaries)
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₹5.3 L/yr - ₹10.5 L/yr

Data Science & Analytics
Management Trainee Salary
1 year exp. (AmbitionBox Estimate)
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₹5.8 L/yr - ₹7.9 L/yr

Human Resources
Management Trainee Salary
Fresher (AmbitionBox Estimate)
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₹7.5 L/yr - ₹9 L/yr

Last Updated: 25 Feb 2025

Companies similar to SBI Life Insurance Company for Management Trainee

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

0 - 3 years exp. (143 salaries)

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₹4.8 L/yr - ₹15 L/yr

arrow icon 26% more
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₹4 L/yr - ₹9 L/yr

arrow icon 16% less
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₹3 L/yr - ₹9.5 L/yr

arrow icon 17% less
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₹16 L/yr - ₹22 L/yr

arrow icon 160% more
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₹5 L/yr - ₹20 L/yr

arrow icon 46% more
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₹1 L/yr - ₹6.5 L/yr

arrow icon 51% less
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₹1.5 L/yr - ₹3 L/yr

arrow icon 64% less
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₹4 L/yr - ₹10 L/yr

arrow icon 22% less
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₹2 L/yr - ₹10 L/yr

arrow icon 32% less
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₹3.5 L/yr - ₹12 L/yr

arrow icon 4% more
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₹5.4 L/yr - ₹9.5 L/yr

arrow icon 1% more
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₹4 L/yr - ₹12 L/yr

arrow icon 6% more
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₹7 L/yr - ₹15 L/yr

arrow icon 22% more
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Marsh Management Trainee Salary

0 - 2 years exp. (13 salaries)

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₹9.5 L/yr - ₹17 L/yr

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

arrow icon 4% less
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₹6 L/yr - ₹14.8 L/yr

arrow icon 80% more
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PNB MetLife Management Trainee Salary

0 - 2 years exp. (6 salaries)

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₹6 L/yr - ₹7 L/yr

arrow icon 24% less
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₹6 L/yr - ₹10.5 L/yr

arrow icon 3% more
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₹2 L/yr - ₹9.1 L/yr

arrow icon 29% 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 27% more
View all
Management Trainee salary at SBI Life Insurance Company ranges between ₹5.1 Lakhs to ₹10.5 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 37 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Management Trainee

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9 months exp.
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Experience wise SBI Life Insurance Company Management Trainee salaries

Last Updated: 25 Feb 2025

Experience Avg Annual Salary
Fresher  (22 salaries)

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₹5.6 L/yr - ₹10.5 L/yr
1 year  (12 salaries)

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₹5.3 L/yr - ₹10.5 L/yr
2 years  (3 salaries)

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₹5.1 L/yr - ₹10.5 L/yr

Similar Designation salaries in SBI Life Insurance Company

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₹1.2 L/yr - ₹5.5 L/yr
Accountant Salary
(5 salaries)
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₹6.22 L/yr - ₹10 L/yr
Team Lead Salary
(15 salaries)
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₹2.3 L/yr - ₹6 L/yr
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₹2 L/yr - ₹7.5 L/yr
Accounts Officer Salary
(AmbitionBox Estimate)
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₹475 L/yr - ₹525 L/yr
Analyst Salary
(4 salaries)
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₹4.2 L/yr - ₹7.95 L/yr
Senior Associate Salary
(540 salaries)
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₹2 L/yr - ₹6.75 L/yr
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₹1.2 L/yr - ₹3.5 L/yr
Senior Analyst Salary
(AmbitionBox Estimate)
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₹9 L/yr - ₹11.5 L/yr
Deputy Manager Salary
(38 salaries)
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₹2.5 L/yr - ₹10 L/yr
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Salary related reviews for SBI Life Insurance Company

2.5

Rated by 15 employees for salary & benefits

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

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
see more salary related reviews

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SBI Life Insurance Company Management Trainee Salary FAQs

What is the salary of Management Trainee at SBI Life Insurance Company?
Management Trainee salary at SBI Life Insurance Company in India ranges between ₹5.1 Lakhs to ₹10.5 Lakhs for less than 1 year of experience to 2 years. According to our estimates it is 10% more than the average Management Trainee Salary in India. Salary estimates are based on 37 latest salaries received from various employees of SBI Life Insurance Company India.
How does the salary of a Management Trainee at SBI Life Insurance Company India compare with the average salary range for this job?
The average salary of a Management Trainee at SBI Life Insurance Company is 10% 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 Life Insurance Company to a Management Trainee in India?
  • Axis Max Life Insurance Management Trainee Salary - ₹16.0 Lakhs to ₹22.0 Lakhs per year
  • HDFC Ergo General Insurance Management Trainee Salary - ₹6.0 Lakhs to ₹14.8 Lakhs per year
  • Marsh Management Trainee Salary - ₹9.5 Lakhs to ₹17.0 Lakhs per year
  • Tata AIA Life Insurance Management Trainee Salary - ₹5.0 Lakhs to ₹20.0 Lakhs per year
  • AXA Management Trainee Salary - ₹8.0 Lakhs to ₹12.0 Lakhs per year
What is the salary of a Management Trainee in companies similar to SBI Life Insurance Company in India?
  • HDFC Life Management Trainee Salary - ₹4.8 Lakhs to ₹15.0 Lakhs per year
  • Aditya Birla Sun Life Insurance Management Trainee Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year
  • SBI General Insurance Management Trainee Salary - ₹4.0 Lakhs to ₹12.0 Lakhs per year
  • ICICI Lombard General Insurance Company Management Trainee Salary - ₹3.5 Lakhs to ₹12.0 Lakhs per year
  • AON Global Insurance Brokers Management Trainee Salary - ₹6.0 Lakhs to ₹10.5 Lakhs per year
What is the estimated take home salary of a Management Trainee at SBI Life Insurance Company in India?
The estimated take-home salary of a Management Trainee at SBI Life Insurance Company ranges between ₹59,268 per month to ₹60,764 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Management Trainee salary in India which ranges between ₹5.1 Lakhs to ₹10.5 Lakhs per year for employees with less than 1 year of experience to 2 years. Check how did we calculate take home salary?
What is the notice period for Management Trainee at SBI Life Insurance Company?
According to AmbitionBox, 58% of the SBI Life Insurance Company Management Trainees reported a notice period of 1 Month, 17% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 24 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Management Trainee salary in India ranges between ₹5.1 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 37 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

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