Bajaj Allianz General Insurance Mumbai Management Trainee Salaries by 5 Employees (Updated 2025)

0 - 1 year exp.

₹6 Lakhs - ₹8.6 Lakhs

Salary of majority employees

Fixed (78%)

₹6.2 Lakhs

Variable (22%)

₹1.8 Lakh

13% less than the average Management Trainee Salary in Insurance Companies for 0 - 1 year of experience

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Salaries in different departments

Sales & Business Development Management Trainee Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹7.4 L/yr - ₹7.9 L/yr
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Marketing & Communication Management Trainee Salary 1 year exp. (AmbitionBox Estimate)	₹7 L/yr - ₹8.2 L/yr

Last Updated: 10 Dec 2024

Companies similar to Bajaj Allianz General Insurance for Management Trainee in Mumbai

Bajaj Allianz General Insurance Management Trainee Salary

0 - 1 year exp. (5 salaries)

₹6 L/yr - ₹8.6 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Management Trainee Salary 0 - 1 year exp. (45 salaries)	₹4.3 L/yr - ₹10.4 L/yr 1% more
HDFC Ergo General Insurance Management Trainee Salary 0 - 1 year exp. (3 salaries)	₹6 L/yr - ₹14.8 L/yr 71% more
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Reliance General Insurance Management Trainee Salary 0 - 4 years exp. (28 salaries)	₹4.5 L/yr - ₹10 L/yr 18% less
Tata AIG Management Trainee Salary 0 - 2 years exp. (35 salaries)	₹4.2 L/yr - ₹12.2 L/yr 19% more
Future Generali India Life Insurance Management Trainee Salary 0 - 1 year exp. (6 salaries)	₹8 L/yr - ₹11 L/yr 3% more
SBI General Insurance Management Trainee Salary 1 - 4 years exp. (5 salaries)	₹8.5 L/yr - ₹10 L/yr 10% more
HDFC Life Management Trainee Salary 0 - 3 years exp. (76 salaries)	₹5 L/yr - ₹15 L/yr 28% more
ICICI Prudential Life Insurance Management Trainee Salary 0 - 3 years exp. (44 salaries)	₹5 L/yr - ₹9.6 L/yr 14% less
Tata AIA Life Insurance Management Trainee Salary 0 - 5 years exp. (30 salaries)	₹9 L/yr - ₹20 L/yr 72% more
Kotak Mahindara Life Insurance Management Trainee Salary 0 - 2 years exp. (19 salaries)	₹3 L/yr - ₹7 L/yr 48% less
Star Union Dai-ichi Life Insurance Management Trainee Salary 0 - 3 years exp. (12 salaries)	₹4.5 L/yr - ₹19 L/yr 38% more
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Bajaj Allianz Life Insurance Management Trainee Salary 0 - 4 years exp. (10 salaries)	₹4 L/yr - ₹8.3 L/yr 11% less
Aditya Birla Sun Life Insurance Management Trainee Salary 0 - 2 years exp. (9 salaries)	₹7 L/yr - ₹15 L/yr 43% more
SBI Life Insurance Company Management Trainee Salary 0 - 3 years exp. (6 salaries)	₹5.3 L/yr - ₹10.5 L/yr 1% more
Axis Max Life Insurance Management Trainee Salary 2 - 4 years exp. (3 salaries)	₹21.2 L/yr - ₹22 L/yr 166% more
Niva Bupa Health Insurance Company Management Trainee Salary 0 - 1 year exp. (3 salaries)	₹6.7 L/yr - ₹12 L/yr 9% less

Management Trainee salary at Bajaj Allianz General Insurance ranges between ₹6 Lakhs to ₹8.6 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 Bajaj Allianz General Insurance.

Experience wise Bajaj Allianz General Insurance Management Trainee salaries in Mumbai

Last Updated: 10 Dec 2024

Experience	Avg Annual Salary
Fresher (3 salaries)	₹6 L/yr - ₹8.6 L/yr
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1 year (AmbitionBox Estimate)	₹7 L/yr - ₹14.3 L/yr

Similar Designation salaries in Bajaj Allianz General Insurance

Team Lead Salary

(8 salaries)

₹2.05 L/yr - ₹8.5 L/yr

Deputy Manager Salary

(7 salaries)

₹9.5 L/yr - ₹12.8 L/yr

Salary related reviews for Bajaj Allianz General Insurance

3.6

Rated by 2 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

Manager in Pune

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 17 Sep 2024

5.0

for Salary and Benefits

Likes

Opportunity to get new challenge and learn things.

Salary - Excellent

+6 more

Dislikes

Very less salary is paid to high experience people and HR gives no value to old employees to motivate or reward old employees who have given their whole life to company.

Data Analyst in Pune

Full Time

Data Science & Analytics Department

2.0

• posted on 09 Sep 2024

2.0

for Salary and Benefits

Likes

Only brand name nothing else

Dislikes

...upport you No growth in terms of skills and career , no recognition of hardwork. No extra pay for weekends and after working hrs.

Salary - Poor

+6 more

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Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Bajaj Allianz General Insurance Management Trainee Salary FAQs

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

Management Trainee salary at Bajaj Allianz General Insurance in Mumbai ranges between ₹6.0 Lakhs to ₹8.6 Lakhs for less than 1 year of experience. According to our estimates it is 13% less than the average Management Trainee Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Bajaj Allianz General Insurance Mumbai.

How does the salary of a Management Trainee at Bajaj Allianz General Insurance Mumbai compare with the average salary range for this job?

The average salary of a Management Trainee at Bajaj Allianz General Insurance is 13% less than the average salary of a Management Trainee in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Bajaj Allianz General Insurance to a Management Trainee in Mumbai?

Axis Max Life Insurance Management Trainee Salary - ₹21.2 Lakhs to ₹22.0 Lakhs per year
Tata AIA Life Insurance Management Trainee Salary - ₹9.0 Lakhs to ₹20.0 Lakhs per year
HDFC Ergo General Insurance Management Trainee Salary - ₹6.0 Lakhs to ₹14.8 Lakhs per year
Aditya Birla Sun Life Insurance Management Trainee Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year
Star Union Dai-ichi Life Insurance Management Trainee Salary - ₹4.5 Lakhs to ₹19.0 Lakhs per year

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

HDFC Life Management Trainee Salary - ₹5.0 Lakhs to ₹15.0 Lakhs per year
Tata AIG Management Trainee Salary - ₹4.2 Lakhs to ₹12.2 Lakhs per year
SBI General Insurance Management Trainee Salary - ₹8.5 Lakhs to ₹10.0 Lakhs per year
Future Generali India Life Insurance Management Trainee Salary - ₹8.0 Lakhs to ₹11.0 Lakhs per year
ICICI Lombard General Insurance Company Management Trainee Salary - ₹4.3 Lakhs to ₹10.4 Lakhs per year

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

The estimated take-home salary of a Management Trainee at Bajaj Allianz General Insurance ranges between ₹58,788 per month to ₹60,271 per month in Mumbai. The take-home salary calculation is based on the average Bajaj Allianz General Insurance Management Trainee salary in India which ranges between ₹6.0 Lakhs to ₹8.6 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 Bajaj Allianz General Insurance in Mumbai?

According to AmbitionBox, 50% of the Bajaj Allianz General Insurance Management Trainees in Mumbai reported a notice period of 1 Month, 25% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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Bajaj Allianz General Insurance Management Trainee Salaries in Mumbai

Bajaj Allianz General Insurance Management Trainee salary in Mumbai ranges between ₹6 Lakhs to ₹8.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Bajaj Allianz General Insurance latest salaries received from various employees of Bajaj Allianz General Insurance.

Bajaj Allianz General Insurance Management Trainee salaries in Mumbai

Companies similar to Bajaj Allianz General Insurance for Management Trainee in Mumbai

Latest annual salaries shared by Bajaj Allianz General Insurance Management Trainee in Mumbai

Experience wise Bajaj Allianz General Insurance Management Trainee salaries in Mumbai

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

Manager in Pune

Data Analyst in Pune

Bajaj Allianz General Insurance Management Trainee Salary FAQs

Tell us how to improve this page.