Pramerica Life Insurance Management Trainee Salaries by 4 Employees (Updated 2025)

0 - 3 years exp.

₹8 Lakhs - ₹14 Lakhs

Salary of majority employees

49% more than the average Management Trainee Salary in Insurance Companies for 0 - 3 years of experience

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Last Updated: 23 Nov 2024

Companies similar to Pramerica Life Insurance for Management Trainee

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Management Trainee Salary 0 - 2 years exp. (314 salaries)	₹4 L/yr - ₹9.6 L/yr 38% less
HDFC Life Management Trainee Salary 0 - 3 years exp. (141 salaries)	₹4.8 L/yr - ₹15 L/yr 8% less
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SBI Life Insurance Company Management Trainee Salary 0 - 2 years exp. (37 salaries)	₹3.5 L/yr - ₹10.5 L/yr 26% less
Max Life Insurance Management Trainee Salary 0 - 4 years exp. (15 salaries)	₹16 L/yr - ₹22 L/yr 92% more
Bajaj Allianz Life Insurance Management Trainee Salary 0 - 6 years exp. (34 salaries)	₹3 L/yr - ₹10.5 L/yr 41% less
Reliance Nippon Life Insurance Management Trainee Salary 0 - 1 year exp. (4 salaries)	₹1.5 L/yr - ₹3 L/yr 73% less
Tata AIA Life Insurance Management Trainee Salary 0 - 4 years exp. (46 salaries)	₹5 L/yr - ₹20 L/yr 6% more
Kotak Mahindara Life Insurance Management Trainee Salary 0 - 2 years exp. (172 salaries)	₹2.7 L/yr - ₹6.5 L/yr 65% less
Aditya Birla Sun Life Insurance Management Trainee Salary 0 - 1 year exp. (13 salaries)	₹7 L/yr - ₹15 L/yr 12% less
PNB MetLife Management Trainee Salary 0 - 2 years exp. (6 salaries)	₹6 L/yr - ₹7 L/yr 44% less
Digit Insurance Management Trainee Salary 0 - 4 years exp. (86 salaries)	₹8 L/yr - ₹13 L/yr 8% less
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Shriram General Insurance Management Trainee Salary 0 - 2 years exp. (25 salaries)	₹2.6 L/yr - ₹6.8 L/yr 55% less
Axa XL Management Trainee Salary 0 - 4 years exp. (23 salaries)	₹8.2 L/yr - ₹12 L/yr 2% more
Cholamandalam MS General Insurance Management Trainee Salary 0 - 1 year exp. (15 salaries)	₹3.5 L/yr - ₹8 L/yr 50% less
Allianz Partners Management Trainee Salary 0 - 7 years exp. (13 salaries)	₹2.7 L/yr - ₹4.7 L/yr 64% less
Bharti AXA Life Insurance Management Trainee Salary 0 - 1 year exp. (11 salaries)	₹3.5 L/yr - ₹10 L/yr 53% less
Aditya Birla Health Insurance Co Management Trainee Salary 0 - 1 year exp. (10 salaries)	₹3 L/yr - ₹12 L/yr 28% less
Future Generali India Life Insurance Management Trainee Salary 0 - 1 year exp. (10 salaries)	₹2.7 L/yr - ₹11 L/yr 35% less
Aviva Life Insurance India Management Trainee Salary 0 - 3 years exp. (7 salaries)	₹4 L/yr - ₹10 L/yr 42% less
Edelweiss Life Insurance Management Trainee Salary 0 - 1 year exp. (7 salaries)	₹4.5 L/yr - ₹13 L/yr 14% less

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Management Trainee salary at Pramerica Life Insurance ranges between ₹8 Lakhs to ₹14 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Pramerica Life Insurance.

Experience wise Pramerica Life Insurance Management Trainee salaries

Last Updated: 23 Nov 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.4 L/yr - ₹10 L/yr
1 year (AmbitionBox Estimate)	₹8 L/yr - ₹18.2 L/yr
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2 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹12 L/yr
3 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹14 L/yr

Similar Designation salaries in Pramerica Life Insurance

Finance Executive Salary

(4 salaries)

₹2.2 L/yr - ₹4.05 L/yr

Accountant Salary

(4 salaries)

₹1 L/yr - ₹4.5 L/yr

Team Lead Salary

(3 salaries)

₹4 L/yr - ₹20 L/yr

Senior Associate Salary

(3 salaries)

₹4.23 L/yr - ₹6 L/yr

Process Associate Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Deputy Manager Salary

(53 salaries)

₹4.8 L/yr - ₹14.7 L/yr

Relationship Manager Salary

(28 salaries)

₹2 L/yr - ₹5 L/yr

Senior Process Associate Salary

(AmbitionBox Estimate)

₹16.7 L/yr - ₹21.3 L/yr

Senior Accounts Executive Salary

(3 salaries)

₹3.4 L/yr - ₹4.8 L/yr

Salary related reviews for Pramerica Life Insurance

Relationship Manager in Ambala

Education /school empanalment , team development ,And policy sale Department

2.0

• posted on 06 Sep 2017

5.0

for Salary and Benefits

Likes

I had a great experiance before joining when i worked as a commision agent only and just working for 24 percent commision even though i didn't have any license . Iwas just a commission agent .

Salary - Excellent

+4 more

Dislikes

...nise an activity there they denided to finance it .but i did on my own account . And there was 2 month and 17 day that i haven't recived my salary . So i regined . As i was left with no money to stay in ambala.

Job security - Poor

+1 more

Associate Sales Manager in Visakhapatnam

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 31 May 2024

1.0

for Salary and Benefits

Likes

Work timings and on time salary

Dislikes

Worst company I have ever worked. No professional management. No response from the HR management. The branch manager of vizag branch very worst. If anythings doesnot goes according to him he simply keeps unpaid to the whole month employees attendance which will lead to loss of pay. If we complaint to HR level then also they won't take any action. The BM even asks money from the customers for settling death claims. He does not know how to talk with the employees. He does not have any BM qualities and qualifications.

Salary - Bad

+6 more

Senior Sales Manager in Bilaspur

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 16 Apr 2024

1.0

for Salary and Benefits

Likes

Dislike every parameter , seniors are uneducated also.

Dislikes

Very poor service to employee, no senior is responsible for salary ,incentive, and for local convenience, even training is also paid by employees, such an unorganized work

Salary - Bad

+6 more

Senior Sales Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 09 Nov 2023

2.0

for Salary and Benefits

Likes

Nothing.

Dislikes

In my vertical it isn't a right place to work with. This is the fake institutional business channel, more over you had to source your own business and also don't rely on the support of the corporate agent(Broking Partner). Please think twice before joining in the IB Vertical.

Salary - Poor

+3 more

Renewal Executive in Ranchi

Full Time

Procurement & Supply Chain Department

5.0

• posted on 13 Apr 2018

5.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology

Salary - Excellent

+3 more

Dislikes

Compensation is decent but growth is very slow. The work pressure is very high . I have to work 13 - 14 hours straight in a day as I have to attend customer call in the evening and some time late night received con call

see more salary related reviews

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Pramerica Life Insurance Management Trainee Salary FAQs

What is the salary of Management Trainee at Pramerica Life Insurance?

Management Trainee salary at Pramerica Life Insurance in India ranges between ₹8.0 Lakhs to ₹14.0 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 49% more than the average Management Trainee Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Pramerica Life Insurance India.

How does the salary of a Management Trainee at Pramerica Life Insurance India compare with the average salary range for this job?

The average salary of a Management Trainee at Pramerica Life Insurance is 49% 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 Pramerica Life Insurance to a Management Trainee in India?

Max Life Insurance Management Trainee Salary - ₹16.0 Lakhs to ₹22.0 Lakhs per year
IndiaFirst Life Insurance Management Trainee Salary - ₹10.0 Lakhs to ₹15.0 Lakhs per year
Tata AIA Life Insurance Management Trainee Salary - ₹5.0 Lakhs to ₹20.0 Lakhs per year
Axa XL Management Trainee Salary - ₹8.2 Lakhs to ₹12.0 Lakhs per year

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

Digit Insurance Management Trainee Salary - ₹8.0 Lakhs to ₹13.0 Lakhs per year
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
Edelweiss Life Insurance Management Trainee Salary - ₹4.5 Lakhs to ₹13.0 Lakhs per year
ManipalCigna Health Insurance Management Trainee Salary - ₹8.0 Lakhs to ₹9.0 Lakhs per year

What is the estimated take home salary of a Management Trainee at Pramerica Life Insurance in India?

The estimated take-home salary of a Management Trainee at Pramerica Life Insurance ranges between ₹78,087 per month to ₹80,115 per month in India. The take-home salary calculation is based on the average Pramerica Life Insurance Management Trainee salary in India which ranges between ₹8.0 Lakhs to ₹14.0 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?

What is the notice period for Management Trainee at Pramerica Life Insurance?

According to AmbitionBox, 100% of the Pramerica Life Insurance Management Trainees reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Pramerica Life Insurance Management Trainee Salaries

Pramerica Life Insurance Management Trainee salary in India ranges between ₹8 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Pramerica Life Insurance latest salaries received from various employees of Pramerica Life Insurance.