General Insurance Management Trainee Salaries by Employees (Updated 2024)

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₹7.2 Lakhs - ₹9.2 Lakhs

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Last Updated: 12 Mar 2023

Companies similar to General Insurance for Management Trainee

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Management Trainee Salary 0 - 1 year exp. (152 salaries)	₹4.5 L/yr - ₹12 L/yr 4% more
HDFC Ergo General Insurance Management Trainee Salary 0 - 1 year exp. (7 salaries)	₹13.1 L/yr - ₹19 L/yr 92% more
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Bajaj Allianz General Insurance Management Trainee Salary 0 - 2 years exp. (76 salaries)	₹5.4 L/yr - ₹9.5 L/yr 1% less
Reliance General Insurance Management Trainee Salary 0 - 3 years exp. (83 salaries)	₹1.8 L/yr - ₹10 L/yr 31% less
Tata AIG Management Trainee Salary 0 - 2 years exp. (213 salaries)	₹3.8 L/yr - ₹12 L/yr 11% more
SBI General Insurance Management Trainee Salary 0 - 3 years exp. (28 salaries)	₹4 L/yr - ₹13 L/yr 3% more
Digit Insurance Management Trainee Salary 0 - 3 years exp. (65 salaries)	₹4.8 L/yr - ₹13 L/yr 27% more
Tata AIA Life Insurance Management Trainee Salary 0 - 2 years exp. (53 salaries)	₹5 L/yr - ₹18.6 L/yr 31% more
Niva Bupa Health Insurance Company Management Trainee Salary 0 - 3 years exp. (36 salaries)	₹3.1 L/yr - ₹12 L/yr 5% less
SBI Life Insurance Company Management Trainee Salary 0 - 2 years exp. (34 salaries)	₹5.3 L/yr - ₹14.9 L/yr 9% more
Bajaj Allianz Life Insurance Management Trainee Salary 0 - 6 years exp. (33 salaries)	₹3.5 L/yr - ₹10.5 L/yr 16% less
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Iffco Tokio General Insurance Co. Management Trainee Salary 0 - 1 year exp. (30 salaries)	₹5.1 L/yr - ₹8 L/yr 21% less
Aditya Birla Sun Life Insurance Management Trainee Salary 0 - 1 year exp. (13 salaries)	₹7 L/yr - ₹15 L/yr 17% more
Aditya Birla Health Insurance Co Management Trainee Salary 0 - 1 year exp. (11 salaries)	₹3.3 L/yr - ₹12 L/yr 3% more
Bharti AXA Life Insurance Management Trainee Salary 0 - 1 year exp. (9 salaries)	₹3.5 L/yr - ₹10 L/yr 36% less
Future Generali India Life Insurance Management Trainee Salary 0 - 1 year exp. (9 salaries)	₹3.2 L/yr - ₹11 L/yr 4% less
Shriram Life Insurance Management Trainee Salary 0 - 2 years exp. (5 salaries)	₹2 L/yr - ₹10 L/yr 29% less
Reliance Nippon Life Insurance Management Trainee Salary 0 - 1 year exp. (4 salaries)	₹1.5 L/yr - ₹3 L/yr 63% less
AXA Business Services Management Trainee Salary 2 - 5 years exp. (4 salaries)	₹8 L/yr - ₹8.4 L/yr 2% more
Gallagher Management Trainee Salary 0 - 4 years exp. (3 salaries)	₹8.8 L/yr - ₹26 L/yr 82% more

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Management Trainee salary at General Insurance ranges between ₹7.2 Lakhs to ₹9.2 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 1 latest salaries received from various employees of General Insurance.

Similar Designation salaries in General Insurance

Accountant Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Team Lead Salary

(3 salaries)

₹2.3 L/yr - ₹4.5 L/yr

Senior Associate Salary

(5 salaries)

₹3.3 L/yr - ₹3.5 L/yr

Process Associate Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹22.5 L/yr - ₹28.7 L/yr

Deputy Manager Salary

(4 salaries)

₹3 L/yr - ₹9 L/yr

Account Assistant Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Relationship Manager Salary

(8 salaries)

₹2.5 L/yr - ₹4.15 L/yr

Salary related reviews for General Insurance

Kolkata in Kolkata

Sales & Business Development Department

4.0

• posted on 22 Apr 2021

4.0

for Salary and Benefits

Likes

I have worked in general insurance and i have experience and feild working habituated.I have issues policy from TATA, Chola, Shriram, Bajaj,go digit , ICICI Lombard from welcom financial Pvt Ltd Kolkata.I have interested with general insurance company

Dislikes

Nathing special but claim settlement should be fast for the customer's

LOSS ASSESSOR RISK INSPECTION ENGINEER,FACULTY in Noida

In industries --quality, production, in general insurance claims assess... Department

5.0

• posted on 20 Aug 2019

5.0

for Salary and Benefits

Likes

I am an expert in Motor claims of unlimited estimated loss. Carried out more than 11000 surveys so far. I like it and also delivered lectures in several national level seminars and work shops. I am honored to opine on the motor litigated and cases filed before the ombudsman for decision. I give my opinion on base of insurance laws and technicalities on the claims. I am also expert in pre insurance inspection /Risk Inspections also in Risk management of non motor insurance. I like the most above both jabs. I have deep knowledge of law and engineering/ technicality of the claims. I am very innovative with technology and laws and cooperative with the colleagues and do respect the bosses.

Dislikes

i like this industry. as my job is dependent on insurers so, some time i face deputation problem.

Regional Manager

BFSI, Investments & Trading Department

5.0

• posted on 16 Jul 2018

5.0

for Salary and Benefits

Likes

When Insurance industry was opened for for private participation in 2004, it was projected by market leaders that the existing public sector general insurance [PSGI] will be doomed in five years. Alas, that it was not to be. Even now the PSGI compnies hold more than 50% of Market Share of General Insurance Premium and is growing steadily and are making the Pvt. Sector Insurance companies run for their money. Unlike Life insurance where investments are made for long term, the general insurance contracts are annual in nature, yet the public confidence is still with PSGI companies. There can be delay but there won't be deny in case of any major catastrophe. Ofcourse, the PSGI companies have to be more customer friendly when it comes to hassle free acceptance of premium as well as settlement of claims by using the latest advanced automation/digitilaisation.

Dislikes

At times it may be frustrating for the really competent persons as out of turn recognition / elevation is not possible, as well as tougher industrial relations -- because of the undue advantage taken by certain undeserving elements taking protection under the prrevailing reservation system.

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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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General Insurance Management Trainee Salaries

General Insurance Management Trainee salary in India ranges between ₹7.2 Lakhs to ₹9.2 Lakhs. This is an estimate based on latest salaries received from employees of General Insurance.

General Insurance Management Trainee salaries in India

Companies similar to General Insurance for Management Trainee

Similar Designation salaries in General Insurance

Salary related reviews for General Insurance

Kolkata in Kolkata

LOSS ASSESSOR RISK INSPECTION ENGINEER,FACULTY in Noida

Regional Manager

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