Bajaj Allianz General Insurance Management Trainee Salaries by 80+ Employees (Updated 2025)

0 - 2 years exp.

₹5.4 Lakhs - ₹9.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

8% more than the average Management Trainee Salary in Insurance Companies for 0 - 2 years of experience

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Salaries in different departments

BFSI, Investments & Trading Management Trainee Salary 0 - 1 year exp. (16 salaries)	₹6 L/yr - ₹8.9 L/yr
Sales & Business Development Management Trainee Salary 0 - 2 years exp. (15 salaries)	₹6 L/yr - ₹8.7 L/yr
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Marketing & Communication Management Trainee Salary 0 - 2 years exp. (7 salaries)	₹7 L/yr - ₹8.8 L/yr
Customer Success, Service & Operations Management Trainee Salary 0 - 1 year exp. (3 salaries)	₹6.6 L/yr - ₹8.7 L/yr
Data Science & Analytics Management Trainee Salary 0 - 1 year exp. (3 salaries)	₹8 L/yr - ₹8.6 L/yr

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Last Updated: 9 Apr 2025

Companies similar to Bajaj Allianz General Insurance for Management Trainee

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Management Trainee Salary 0 - 2 years exp. (308 salaries)	₹4 L/yr - ₹9 L/yr 15% less
Tata AIG Management Trainee Salary 0 - 4 years exp. (232 salaries)	₹4.7 L/yr - ₹12 L/yr 19% more
Login to view exact salary
Kotak Mahindara Life Insurance Management Trainee Salary 0 - 3 years exp. (192 salaries)	₹2.7 L/yr - ₹6.3 L/yr 50% less	1 job opening
ICICI Lombard General Insurance Company Management Trainee Salary 0 - 1 year exp. (148 salaries)	₹4.3 L/yr - ₹12 L/yr 5% more
HDFC Life Management Trainee Salary 0 - 3 years exp. (145 salaries)	₹5 L/yr - ₹15 L/yr 28% more
Reliance General Insurance Management Trainee Salary 0 - 1 year exp. (73 salaries)	₹4 L/yr - ₹8 L/yr 23% less
Tata AIA Life Insurance Management Trainee Salary 0 - 4 years exp. (53 salaries)	₹5 L/yr - ₹19.2 L/yr 38% more
Bajaj Allianz Life Insurance Management Trainee Salary 0 - 6 years exp. (39 salaries)	₹3 L/yr - ₹10.5 L/yr 18% less
SBI Life Insurance Company Management Trainee Salary 0 - 2 years exp. (37 salaries)	₹3.5 L/yr - ₹10.5 L/yr 1% more
SBI General Insurance Management Trainee Salary 0 - 3 years exp. (34 salaries)	₹8 L/yr - ₹12 L/yr 12% more
Niva Bupa Health Insurance Company Management Trainee Salary 0 - 2 years exp. (28 salaries)	₹3.4 L/yr - ₹12 L/yr 3% more
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Star Union Dai-ichi Life Insurance Management Trainee Salary 0 - 2 years exp. (24 salaries)	₹4.1 L/yr - ₹16.8 L/yr 25% more
Axis Max Life Insurance Management Trainee Salary 0 - 4 years exp. (15 salaries)	₹16 L/yr - ₹22 L/yr 161% more
Aditya Birla Sun Life Insurance Management Trainee Salary 0 - 1 year exp. (15 salaries)	₹7 L/yr - ₹15 L/yr 23% more
HDFC Ergo General Insurance Management Trainee Salary 0 - 1 year exp. (8 salaries)	₹6 L/yr - ₹14.8 L/yr 81% more
PNB MetLife Management Trainee Salary 0 - 2 years exp. (6 salaries)	₹6 L/yr - ₹7 L/yr 23% less
Reliance Nippon Life Insurance Management Trainee Salary 0 - 1 year exp. (5 salaries)	₹1.5 L/yr - ₹4 L/yr 56% less
AON Global Insurance Brokers Management Trainee Salary 0 - 1 year exp. (4 salaries)	₹6 L/yr - ₹10.5 L/yr 3% more
Shriram Life Insurance Management Trainee Salary 0 - 3 years exp. (4 salaries)	₹2 L/yr - ₹9.1 L/yr 29% less
AXA Management Trainee Salary 2 - 3 years exp. (4 salaries)	₹8 L/yr - ₹12 L/yr 28% more

View all

Management Trainee salary at Bajaj Allianz General Insurance ranges between ₹5.4 Lakhs to ₹9.5 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 85 latest salaries received from various employees of Bajaj Allianz General Insurance.

Latest annual salaries shared by Bajaj Allianz General Insurance Management Trainee

2d ago

₹8.6 Lakhs

8 months exp.

4d ago

₹8.6 Lakhs

2 years exp.

2w ago

₹7 Lakhs

1 year exp.

2w ago

₹9.2 Lakhs

1 year exp.

3w ago

₹8.6 Lakhs

5 months exp.

3w ago

7 months exp.

1mo ago

1 month exp.

1mo ago

5 months exp.

1mo ago

1 year exp.

1mo ago

2 years exp.

Experience wise Bajaj Allianz General Insurance Management Trainee salaries

Last Updated: 9 Apr 2025

Experience	Avg Annual Salary
Fresher (56 salaries)	₹6 L/yr - ₹9.5 L/yr
1 year (25 salaries)	₹5.4 L/yr - ₹9.2 L/yr
Login to view exact salary
2 years (4 salaries)	₹3.2 L/yr - ₹8.7 L/yr

Similar Designation salaries in Bajaj Allianz General Insurance

Finance Executive Salary

(8 salaries)

₹4 L/yr - ₹7.5 L/yr

Accountant Salary

(4 salaries)

₹2 L/yr - ₹7.5 L/yr

Team Lead Salary

(79 salaries)

₹1.9 L/yr - ₹9 L/yr

Financial Analyst Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Accounts Officer Salary

(AmbitionBox Estimate)

₹6 L/yr - ₹7.7 L/yr

Analyst Salary

(5 salaries)

₹6.75 L/yr - ₹12 L/yr

Senior Associate Salary

(5 salaries)

₹2.35 L/yr - ₹6 L/yr

Process Associate Salary

(4 salaries)

₹2.2 L/yr - ₹4.2 L/yr

Senior Analyst Salary

(4 salaries)

₹6.5 L/yr - ₹12 L/yr

Deputy Manager Salary

(168 salaries)

₹7.25 L/yr - ₹16 L/yr

Salary related reviews for Bajaj Allianz General Insurance

3.1

Rated by 19 employees for salary & benefits

Deputy Manager in Mumbai

Full Time

Sales & Business Development Department

3.0

• posted on 21 Jan 2023

2.0

for Salary and Benefits

Likes

Technology, system driven, best for customers and intermediaries to work with Timely salary Best claim payable insurer

Dislikes

Hell work life balance With limited manpower resource they work No incentive opportunities No Saturday off No work timings

Salary - Poor

+5 more

Team Lead in Navi Mumbai

BFSI, Investments & Trading Department

5.0

• posted on 13 Dec 2020

5.0

for Salary and Benefits

Likes

Worked in Bajaj Allianz since last 5 years and defenitely I have excellent learning experience in this company. Job security is good even in COVID we were getting our full paymet in every month . Good bonus , leaves and most important is best team mates I have ever work with. Working with such team mates was never boring. Best experience

Salary - Excellent

+5 more

Dislikes

Less salary and increment for offroll people. Best benefits for onroll people's. If we want growth in this company then we should be on onroll position rest all is good

Promotions - Poor

Relationship Manager in Hyderabad / Secunderabad

BFSI, Investments & Trading Department

4.0

• posted on 13 Aug 2019

3.0

for Salary and Benefits

Likes

Excellent work atmosphere, One of the good brand, Employees benefits are paid on time, excellent service to customers , Excellent career growth.

Skill development - Good

+4 more

Dislikes

There is no any negative thing in Bajaj Allianz General Insurance Co Ltd.

Job security - Poor

Territory Manager in Kolkata

Full Time

Other Department

1.0

• posted on 27 Feb 2025

5.0

for Salary and Benefits

Likes

1. Process and Applications 2. Salary on time 3.You Can Apply Advance Salary(if Required) 4. Zonal Hr(Ipshita Ma'am) so Helpful, Other Hr just following management order just like puppet. 5.Banca Channels are good.

Salary - Excellent

Dislikes

1. Retail Team has worst Culture Specially in Kolkata Zone. 2. No Work life balance. 3. Don't in Susanta Bose and Prakash Gupta's Team(if you don't want to Destroy your career) 4.terrible micro management culture. 5.Leave Managements are poor. 6.Zero Work life Balance. 7. Zero Job Security,they even issue PIP after Regisn. Bekar Management Policies, Retail Channel meh jana maat,Specially Channel like Growth Markets

Job security - Bad

+3 more

Junior Executive in Pune

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 10 Feb 2025

5.0

for Salary and Benefits

Likes

Company environment, salary, also other department very supportive, friendly environment also all festival are celebrated there.

Salary - Excellent

+6 more

Dislikes

Hr not taking action against loyal or hardworking peoples when they was complaining against the exact issue.. they just ignore employees complaint because of management.

see more salary related reviews

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Bajaj Allianz General Insurance Management Trainee Salary FAQs

What is the salary of Management Trainee at Bajaj Allianz General Insurance ?

The average salary of a Management Trainee at Bajaj Allianz General Insurance in India typically ranges from ₹5.4 Lakhs to ₹9.5 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Management Trainee at Bajaj Allianz General Insurance earn more than ₹8.7 Lakhs per year, and the top 1% earn over ₹9.5 Lakhs per year. Management Trainee Salaries at Bajaj Allianz 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 80+ Bajaj Allianz General Insurance employees in India.

What is the estimated take home salary of a Management Trainee at Bajaj Allianz General Insurance in India?

The estimated take-home salary of a Management Trainee at Bajaj Allianz General Insurance in India typically ranges from ₹59,020 to ₹60,509 per month. This is based on the average salary range of ₹5.4 Lakhs to ₹9.5 Lakhs per year for employees with experience ranging from Fresher to 2 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 80+ salaries received from various employees of Bajaj Allianz General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Bajaj Allianz General Insurance for Management Trainee in India?

Axis Max Life Insurance	₹16.0 Lakhs to ₹22.0 Lakhs per year
HDFC Ergo General Insurance	₹6.0 Lakhs to ₹14.8 Lakhs per year
Tata AIA Life Insurance	₹5.0 Lakhs to ₹19.2 Lakhs per year
HDFC Life	₹5.0 Lakhs to ₹15.0 Lakhs per year
AXA	₹8.0 Lakhs to ₹12.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bajaj Allianz General Insurance, depending on the role and experience level.

What is the salary of a Management Trainee in companies similar to Bajaj Allianz General Insurance in India?

The salary of a Management Trainee at companies similar to Bajaj Allianz 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	₹4.1 Lakhs to ₹16.8 Lakhs per year
Aditya Birla Sun Life Insurance	₹7.0 Lakhs to ₹15.0 Lakhs per year
Tata AIG	₹4.7 Lakhs to ₹12.0 Lakhs per year
SBI General Insurance	₹8.0 Lakhs to ₹12.0 Lakhs per year
ICICI Lombard General Insurance Company	₹4.3 Lakhs to ₹12.0 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 Bajaj Allianz General Insurance in India?

The salary growth for a Management Trainee at Bajaj Allianz General Insurance depends on factors such as experience, performance, and promotions. On average, a Management Trainee can expect the following growth trajectory at Bajaj Allianz General Insurance:

Experience	Average Salary Range
Fresher	₹6.0 Lakhs to ₹9.5 Lakhs per year
1 year	₹5.4 Lakhs to ₹9.2 Lakhs per year
2 years	₹3.2 Lakhs to ₹8.7 Lakhs per year

and so on.

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Bajaj Allianz General Insurance Management Trainee Salaries by Location

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Bajaj Allianz General Insurance Management Trainee Salaries

Bajaj Allianz General Insurance Management Trainee salary in India ranges between ₹5.4 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 85 Bajaj Allianz General Insurance latest salaries received from various employees of Bajaj Allianz General Insurance.

Bajaj Allianz General Insurance Management Trainee salaries in India (Updated 2025)

Companies similar to Bajaj Allianz General Insurance for Management Trainee

Latest annual salaries shared by Bajaj Allianz General Insurance Management Trainee

Experience wise Bajaj Allianz General Insurance Management Trainee salaries

Similar Designation salaries in Bajaj Allianz General Insurance

Salary related reviews for Bajaj Allianz General Insurance

Deputy Manager in Mumbai

Team Lead in Navi Mumbai

Relationship Manager in Hyderabad / Secunderabad

Territory Manager in Kolkata

Junior Executive in Pune

Bajaj Allianz General Insurance Management Trainee Salary FAQs

Tell us how to improve this page.

Bajaj Allianz General Insurance Management Trainee Salaries by Location