Future Generali India Life Insurance Mumbai Management Trainee Salaries by 6 Employees (Updated 2024)

0 - 1 year exp.

₹7.8 Lakhs - ₹11 Lakhs

Salary of majority employees

12% less than the average Management Trainee Salary in Insurance Companies for 0 - 1 year of experience

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Salaries in different departments

BFSI, Investments & Trading Management Trainee Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹10 L/yr - ₹11 L/yr
Login to view exact salary
Finance & Accounting Management Trainee Salary 1 year exp. (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.9 L/yr

Last Updated: 5 Dec 2024

Companies similar to Future Generali India Life Insurance for Management Trainee in Mumbai

Future Generali India Life Insurance Management Trainee Salary

0 - 1 year exp. (6 salaries)

₹7.8 L/yr - ₹11 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Management Trainee Salary 0 - 1 year exp. (48 salaries)	₹3.8 L/yr - ₹10.4 L/yr 1% more
Bajaj Allianz General Insurance Management Trainee Salary 0 - 2 years exp. (5 salaries)	₹6 L/yr - ₹8.6 L/yr 2% less
Login to view exact salary
Reliance General Insurance Management Trainee Salary 0 - 4 years exp. (26 salaries)	₹4.5 L/yr - ₹10 L/yr 18% less
Tata AIG Management Trainee Salary 0 - 3 years exp. (46 salaries)	₹4.2 L/yr - ₹16.4 L/yr 24% more
SBI General Insurance Management Trainee Salary 1 - 4 years exp. (5 salaries)	₹8.7 L/yr - ₹10 L/yr 9% more
Aditya Birla Health Insurance Co Management Trainee Salary 0 - 1 year exp. (5 salaries)	₹2.4 L/yr - ₹12 L/yr 9% less
IndiaFirst Life Insurance Management Trainee Salary 1 - 5 years exp. (4 salaries)	₹9.1 L/yr - ₹10 L/yr 23% more
Bharti AXA Life Insurance Management Trainee Salary 0 - 1 year exp. (4 salaries)	₹2 L/yr - ₹10 L/yr 21% less
Shriram General Insurance Management Trainee Salary 0 - 2 years exp. (4 salaries)	₹4.7 L/yr - ₹7 L/yr 35% less
Universal Sompo General Insurance Management Trainee Salary 0 - 1 year exp. (4 salaries)	₹5 L/yr - ₹7 L/yr 30% less
Cholamandalam MS General Insurance Management Trainee Salary 0 - 2 years exp. (3 salaries)	₹3.5 L/yr - ₹5.1 L/yr 37% less
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Digit Insurance Management Trainee Salary 0 - 1 year exp. (3 salaries)	₹9 L/yr - ₹11 L/yr 30% more

Management Trainee salary at Future Generali India Life Insurance ranges between ₹7.8 Lakhs to ₹11 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 6 latest salaries received from various employees of Future Generali India Life Insurance.

Experience wise Future Generali India Life Insurance Management Trainee salaries in Mumbai

Last Updated: 5 Dec 2024

Experience	Avg Annual Salary
Fresher (3 salaries)	₹3.1 L/yr - ₹10 L/yr
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1 year (3 salaries)	₹3.4 L/yr - ₹11 L/yr

Similar Designation salaries in Future Generali India Life Insurance

Deputy Manager Salary

(147 salaries)

₹4.29 L/yr - ₹14.7 L/yr

Team Lead Salary

(9 salaries)

₹3 L/yr - ₹8.5 L/yr

Senior Associate Salary

(7 salaries)

₹3.5 L/yr - ₹5.5 L/yr

Finance Executive Salary

(6 salaries)

₹2 L/yr - ₹3.75 L/yr

Analyst Salary

(3 salaries)

₹4 L/yr - ₹5 L/yr

Salary related reviews for Future Generali India Life Insurance

3.0

Rated by 2 employees for salary & benefits

Deputy Manager in Thane

BFSI, Investments & Trading Department

5.0

• posted on 18 Apr 2022

3.0

for Salary and Benefits

Likes

It's excellent experience in future generali life insurance company. All team members and senior is supportive.company policies are good.

Dislikes

...that why user not complete the process quickly. 2.not sort out issue quickly. 3. Salary growth is very slow.

Relationship Manager in Ratnagiri

Customer Success, Service & Operations Department

5.0

• posted on 15 Apr 2019

4.0

for Salary and Benefits

Likes

The company is readily adopting latest technology .I love the fact that I am a part of a team that markets reliable high quality products and has a global client base. I also like the re hirepolicy here.

Dislikes

Compensation is decent but the growth is slow. The work pressure is very high sometimes, I have to work 12 -14 hours straight in a day as I have to attend client calls in the evening .

Relationship Manager in Bhubaneswar

Customer Success, Service & Operations Department

3.0

• posted on 07 Sep 2018

3.0

for Salary and Benefits

Likes

Training is all over good but career growth is very slow and terrible,salary and appraisal also not their enough, politics is high upto sky limit,no innovation,work-life balance is average,teammates are good but supervisor are looking for all their own profit.

Dislikes

Biggest demerit of future generali is they all are in following traditional work style all are unskilled and politics is up to high level Management. job security is not their and pressure is always high on every front line sales people.

Sales Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 14 Oct 2024

3.0

for Salary and Benefits

Likes

I like to work in this company culture i am enjoying my work here I have taken 2 promotion in 2 years , also learn some new things here so overall my experience is good here

Dislikes

In our channel there is no appraisal, we need take promotion for salary hike i am not talking about myself but behalf of my colleagues who short for the promotion .

Assistant Branch Manager in Jorhat

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 20 Sep 2024

4.0

for Salary and Benefits

Likes

Nothing only salary package is good

Dislikes

Zero overall. Top management is good for nothing. From the time of interview, they will keep asking you for policy. If you cannot give any policy then they will say your salary will be on hold and You will recieve Termination letter. Think before you join, if you have good relationship and can built good agency then go otherwise think twice. No holiday for you even in Sunday too.

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Future Generali India Life Insurance Management Trainee Salary FAQs

What is the salary of Management Trainee at Future Generali India Life Insurance Mumbai?

Management Trainee salary at Future Generali India Life Insurance in Mumbai ranges between ₹7.8 Lakhs to ₹11.0 Lakhs for less than 1 year of experience. According to our estimates it is 12% less than the average Management Trainee Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Future Generali India Life Insurance Mumbai.

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

The average salary of a Management Trainee at Future Generali India Life Insurance is 12% 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 Future Generali India Life Insurance to a Management Trainee in Mumbai?

Digit Insurance Management Trainee Salary - ₹9.0 Lakhs to ₹11.0 Lakhs per year
Tata AIG Management Trainee Salary - ₹4.2 Lakhs to ₹16.4 Lakhs per year
IndiaFirst Life Insurance Management Trainee Salary - ₹9.1 Lakhs to ₹10.0 Lakhs per year
SBI General Insurance Management Trainee Salary - ₹8.7 Lakhs to ₹10.0 Lakhs per year
ICICI Lombard General Insurance Company Management Trainee Salary - ₹3.8 Lakhs to ₹10.4 Lakhs per year

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

Bajaj Allianz General Insurance Management Trainee Salary - ₹6.0 Lakhs to ₹8.6 Lakhs per year
Aditya Birla Health Insurance Co Management Trainee Salary - ₹2.4 Lakhs to ₹12.0 Lakhs per year
Reliance General Insurance Management Trainee Salary - ₹4.5 Lakhs to ₹10.0 Lakhs per year
Bharti AXA Life Insurance Management Trainee Salary - ₹2.0 Lakhs to ₹10.0 Lakhs per year
Universal Sompo General Insurance Management Trainee Salary - ₹5.0 Lakhs to ₹7.0 Lakhs per year

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

The estimated take-home salary of a Management Trainee at Future Generali India Life Insurance ranges between ₹58,573 per month to ₹60,050 per month in Mumbai. The take-home salary calculation is based on the average Future Generali India Life Insurance Management Trainee salary in India which ranges between ₹7.8 Lakhs to ₹11.0 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 Future Generali India Life Insurance in Mumbai?

According to AmbitionBox, 60% of the Future Generali India Life Insurance Management Trainees in Mumbai reported a notice period of 3 Months, 20% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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Future Generali India Life Insurance Management Trainee Salaries in Mumbai

Future Generali India Life Insurance Management Trainee salary in Mumbai ranges between ₹7.8 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Future Generali India Life Insurance latest salaries received from various employees of Future Generali India Life Insurance.

Future Generali India Life Insurance Management Trainee salaries in Mumbai

Companies similar to Future Generali India Life Insurance for Management Trainee in Mumbai

Latest annual salaries shared by Future Generali India Life Insurance Management Trainee in Mumbai

Experience wise Future Generali India Life Insurance Management Trainee salaries in Mumbai

Similar Designation salaries in Future Generali India Life Insurance

Salary related reviews for Future Generali India Life Insurance

Deputy Manager in Thane

Relationship Manager in Ratnagiri

Relationship Manager in Bhubaneswar

Sales Manager in Mumbai

Assistant Branch Manager in Jorhat

Future Generali India Life Insurance Management Trainee Salary FAQs

Tell us how to improve this page.