SBI Life Insurance Company Management Trainee Salaries by 30+ Employees (Updated 2025)

0 - 2 years exp.

₹3.5 Lakhs - ₹10.5 Lakhs

Salary of majority employees

14% 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)	₹5.9 L/yr - ₹10.5 L/yr
Sales & Business Development Management Trainee Salary 0 - 1 year exp. (8 salaries)	₹5.6 L/yr - ₹10.5 L/yr
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BFSI, Investments & Trading Management Trainee Salary 0 - 2 years exp. (5 salaries)	₹3.6 L/yr - ₹10.5 L/yr
Data Science & Analytics Management Trainee Salary 1 year exp. (AmbitionBox Estimate)	₹5.8 L/yr - ₹8 L/yr
Human Resources Management Trainee Salary Fresher (AmbitionBox Estimate)	₹7.5 L/yr - ₹9 L/yr

Last Updated: 8 Jan 2025

Companies similar to SBI Life Insurance Company for Management Trainee

Company name	Avg Annual Salary	Open Jobs
HDFC Life Management Trainee Salary 0 - 3 years exp. (141 salaries)	₹4.8 L/yr - ₹15 L/yr 20% more
ICICI Prudential Life Insurance Management Trainee Salary 0 - 2 years exp. (334 salaries)	₹4 L/yr - ₹9.6 L/yr 20% less
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Bajaj Allianz Life Insurance Management Trainee Salary 0 - 6 years exp. (35 salaries)	₹3.5 L/yr - ₹11 L/yr 18% less
Max Life Insurance Management Trainee Salary 0 - 4 years exp. (15 salaries)	₹16 L/yr - ₹22 L/yr 151% more
Tata AIA Life Insurance Management Trainee Salary 0 - 2 years exp. (48 salaries)	₹5 L/yr - ₹19.1 L/yr 31% more
Kotak Mahindara Life Insurance Management Trainee Salary 0 - 2 years exp. (191 salaries)	₹2.8 L/yr - ₹7 L/yr 54% less
Reliance Nippon Life Insurance Management Trainee Salary 0 - 1 year exp. (4 salaries)	₹1.5 L/yr - ₹3 L/yr 65% less
Aviva Life Insurance India Management Trainee Salary 0 - 3 years exp. (7 salaries)	₹4 L/yr - ₹10 L/yr 25% less
Bharti AXA Life Insurance Management Trainee Salary 0 - 1 year exp. (11 salaries)	₹3.5 L/yr - ₹10 L/yr 38% less
ICICI Lombard General Insurance Company Management Trainee Salary 0 - 1 year exp. (157 salaries)	₹3.8 L/yr - ₹12 L/yr At par
SBI General Insurance Management Trainee Salary 0 - 3 years exp. (27 salaries)	₹8 L/yr - ₹13 L/yr 4% more
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Marsh Management Trainee Salary 0 - 2 years exp. (13 salaries)	₹9.5 L/yr - ₹17 L/yr 52% more
Aditya Birla Sun Life Insurance Management Trainee Salary 0 - 1 year exp. (13 salaries)	₹7 L/yr - ₹15 L/yr 20% more
Aditya Birla Health Insurance Co Management Trainee Salary 0 - 1 year exp. (10 salaries)	₹3 L/yr - ₹12 L/yr 6% less
HDFC Ergo General Insurance Management Trainee Salary 0 - 1 year exp. (8 salaries)	₹13.1 L/yr - ₹19 L/yr 83% more
PNB MetLife Management Trainee Salary 0 - 2 years exp. (6 salaries)	₹6 L/yr - ₹7 L/yr 26% less
Shriram Life Insurance Management Trainee Salary 0 - 2 years exp. (5 salaries)	₹2 L/yr - ₹10 L/yr 32% less
AON Global Insurance Brokers Management Trainee Salary 0 - 1 year exp. (4 salaries)	₹6 L/yr - ₹10.5 L/yr 1% less
AXA Management Trainee Salary 2 - 3 years exp. (4 salaries)	₹8 L/yr - ₹12 L/yr 23% more
Care Health Insurance Management Trainee Salary Fresher (4 salaries)	₹1 L/yr - ₹8 L/yr 42% less

View all

Management Trainee salary at SBI Life Insurance Company ranges between ₹3.5 Lakhs to ₹10.5 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 38 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Management Trainee salaries

Last Updated: 8 Jan 2025

Experience	Avg Annual Salary
Fresher (21 salaries)	₹4.4 L/yr - ₹10.5 L/yr
1 year (14 salaries)	₹5.3 L/yr - ₹11.2 L/yr
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2 years (3 salaries)	₹5.1 L/yr - ₹10.5 L/yr

Similar Designation salaries in SBI Life Insurance Company

Finance Executive Salary

(5 salaries)

₹1.2 L/yr - ₹5.5 L/yr

Accountant Salary

(5 salaries)

₹6.12 L/yr - ₹10 L/yr

Team Lead Salary

(12 salaries)

₹2.3 L/yr - ₹4.8 L/yr

Financial Analyst Salary

(5 salaries)

₹2 L/yr - ₹4.5 L/yr

Accounts Officer Salary

(AmbitionBox Estimate)

₹475 L/yr - ₹525 L/yr

Analyst Salary

(4 salaries)

₹4.2 L/yr - ₹7.95 L/yr

Senior Associate Salary

(538 salaries)

₹2 L/yr - ₹6.75 L/yr

Process Associate Salary

(12 salaries)

₹1.2 L/yr - ₹3.5 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Deputy Manager Salary

(41 salaries)

₹2.2 L/yr - ₹10 L/yr

Salary related reviews for SBI Life Insurance Company

2.5

Rated by 15 employees for salary & benefits

Management Trainee in Kolkata

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.

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.

Senior Associate in New Delhi

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.

Dislikes

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

Senior Associate in Jaipur

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 29 Apr 2018

3.0

for Salary and Benefits

Likes

Company is

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

Senior Associate in Sultanpur

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.

Head Human Resources in New Delhi

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 02 Dec 2024

2.0

for Salary and Benefits

Likes

Hr policy is very good of sbi life but Regional HR is Doll of Regional Director and Regional. Sbi life is a good Company like Government job for Back office employees like sales support, Operations department, Account Department, L&D Department and all Non Sales Employees. For Sales person QVP is Good if you have Good Branches and CIF

Dislikes

...e those persons who are working in other companies and switching multiple times. A New Employee can get salary more then those employees who are working here from last 8 Year. Due to state bank sbi life is working other there is no respect of sbi life. Promotion norm is very hard, Increment norms is very bed. Over all this company is only for Lucky person like if you got a great cif or branches a temporary staff can do business. Over all this is very bed company for sales person due to QVP people stay here if Company announced there is no QVP 80% of Employees will left this company.

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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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 ₹3.5 Lakhs to ₹10.5 Lakhs for less than 1 year of experience to 2 years. According to our estimates it is 14% more than the average Management Trainee Salary in India. Salary estimates are based on 38 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 14% 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?

Max Life Insurance Management Trainee Salary - ₹16.0 Lakhs to ₹22.0 Lakhs per year
HDFC Ergo General Insurance Management Trainee Salary - ₹13.1 Lakhs to ₹19.0 Lakhs per year
Gallagher Management Trainee Salary - ₹8.8 Lakhs to ₹26.0 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 ₹19.1 Lakhs per year

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

AXA Management Trainee Salary - ₹8.0 Lakhs to ₹12.0 Lakhs per year
Aditya Birla Sun Life Insurance Management Trainee Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year
HDFC Life Management Trainee Salary - ₹4.8 Lakhs to ₹15.0 Lakhs per year
SBI General Insurance Management Trainee Salary - ₹8.0 Lakhs to ₹13.0 Lakhs per year
ICICI Lombard General Insurance Company Management Trainee Salary - ₹3.8 Lakhs to ₹12.0 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 ₹61,266 per month to ₹62,818 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 ₹3.5 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, 50% of the SBI Life Insurance Company Management Trainees reported a notice period of 1 Month, 18% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 22 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Management Trainee Salaries by Location

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SBI Life Insurance Company Management Trainee Salaries

SBI Life Insurance Company Management Trainee salary in India ranges between ₹3.5 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 38 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

SBI Life Insurance Company Management Trainee salaries in India

Companies similar to SBI Life Insurance Company for Management Trainee

Latest annual salaries shared by SBI Life Insurance Company Management Trainee

Experience wise SBI Life Insurance Company Management Trainee salaries

Similar Designation salaries in SBI Life Insurance Company

Salary related reviews for SBI Life Insurance Company

Management Trainee in Kolkata

Senior Associate in New Delhi

Senior Associate in Jaipur

Senior Associate in Sultanpur

Head Human Resources in New Delhi

SBI Life Insurance Company Management Trainee Salary FAQs

Tell us how to improve this page.

SBI Life Insurance Company Management Trainee Salaries by Location