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SBI Life Insurance Company Management Trainee salaries in Chennai

Annual salary range
0 - 1 year exp.
₹5.8 Lakhs - ₹8.1 Lakhs
Salary of majority employees
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14% more than the average Management Trainee Salary in Insurance Companies for 0 - 1 year of experience

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Salaries in different departments

Marketing & Communication
Management Trainee Salary
Fresher (AmbitionBox Estimate)
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₹5.8 L/yr - ₹9.3 L/yr

Sales & Business Development
Management Trainee Salary
0 - 1 year exp. (AmbitionBox Estimate)
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₹7.5 L/yr - ₹8.3 L/yr

Last Updated: 26 Dec 2024

Companies similar to SBI Life Insurance Company for Management Trainee in Chennai

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SBI Life Insurance Company Management Trainee Salary

0 - 1 year exp. (5 salaries)

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₹5.8 L/yr - ₹8.1 L/yr

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

1 - 4 years exp. (6 salaries)

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₹5 L/yr - ₹13 L/yr

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₹3.5 L/yr - ₹4.5 L/yr

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Genpact Management Trainee Salary

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₹2.7 L/yr - ₹9.2 L/yr

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Access Healthcare Management Trainee Salary

6 - 11 years exp. (93 salaries)

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₹2.3 L/yr - ₹9 L/yr

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ICICI Bank Management Trainee Salary

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₹11 L/yr - ₹19.5 L/yr

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Management Trainee salary at SBI Life Insurance Company ranges between ₹5.8 Lakhs to ₹8.1 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 Management Trainee in Chennai

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Experience wise SBI Life Insurance Company Management Trainee salaries in Chennai

Last Updated: 26 Dec 2024

Experience Avg Annual Salary
Fresher  (4 salaries)

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₹5.8 L/yr - ₹13.6 L/yr
1 year (AmbitionBox Estimate)

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₹7.5 L/yr - ₹14.1 L/yr

Similar Designation salaries in SBI Life Insurance Company

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₹2.4 L/yr - ₹5.5 L/yr
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₹1.2 L/yr - ₹2.05 L/yr

Salary related reviews for SBI Life Insurance Company

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.

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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.

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Dislikes

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

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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

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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.

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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

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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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SBI Life Insurance Company Management Trainee Salary FAQs

What is the salary of Management Trainee at SBI Life Insurance Company Chennai?
Management Trainee salary at SBI Life Insurance Company in Chennai ranges between ₹5.8 Lakhs to ₹8.1 Lakhs for less than 1 year of experience. According to our estimates it is 14% more than the average Management Trainee Salary in India. Salary estimates are based on 5 latest salaries received from various employees of SBI Life Insurance Company Chennai.
How does the salary of a Management Trainee at SBI Life Insurance Company Chennai 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 Chennai. To know exact salary insights, login to view.
Which similar companies are paying more than SBI Life Insurance Company to a Management Trainee in Chennai?
  • ICICI Bank Management Trainee Salary - ₹11.0 Lakhs to ₹19.5 Lakhs per year
  • HDFC Life Management Trainee Salary - ₹5.0 Lakhs to ₹13.0 Lakhs per year
What is the salary of a Management Trainee in companies similar to SBI Life Insurance Company in Chennai?
  • Access Healthcare Management Trainee Salary - ₹2.3 Lakhs to ₹9.0 Lakhs per year
  • Genpact Management Trainee Salary - ₹2.7 Lakhs to ₹9.2 Lakhs per year
  • Kotak Mahindara Life Insurance Management Trainee Salary - ₹3.5 Lakhs to ₹4.5 Lakhs per year
What is the estimated take home salary of a Management Trainee at SBI Life Insurance Company in Chennai?
The estimated take-home salary of a Management Trainee at SBI Life Insurance Company ranges between ₹57,869 per month to ₹59,325 per month in Chennai. The take-home salary calculation is based on the average SBI Life Insurance Company Management Trainee salary in India which ranges between ₹5.8 Lakhs to ₹8.1 Lakhs per year for employees with less than 1 year of experience. Check how did we calculate take home salary?
What is the notice period for Management Trainee at SBI Life Insurance Company in Chennai?
According to AmbitionBox, 75% of the SBI Life Insurance Company Management Trainees in Chennai reported a notice period of 1 Month, 25% reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

SBI Life Insurance Company Management Trainee salary in Chennai ranges between ₹5.8 Lakhs to ₹8.1 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.