HDFC Ergo General Insurance Management Trainee Salaries by 8 Employees (Updated 2025)

0 - 1 year exp.

₹6 Lakhs - ₹14.8 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

97% more 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)	₹12 L/yr - ₹16.3 L/yr
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Human Resources Management Trainee Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹6 L/yr - ₹13.4 L/yr

Last Updated: 26 Jan 2025

Companies similar to HDFC Ergo 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 53% less
Kotak Mahindara Life Insurance Management Trainee Salary 0 - 3 years exp. (192 salaries)	₹2.7 L/yr - ₹6.3 L/yr 72% less	1 job opening
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ICICI Lombard General Insurance Company Management Trainee Salary 0 - 1 year exp. (148 salaries)	₹4.3 L/yr - ₹12 L/yr 42% less
HDFC Life Management Trainee Salary 0 - 3 years exp. (145 salaries)	₹5 L/yr - ₹15 L/yr 29% less
Tata AIA Life Insurance Management Trainee Salary 0 - 4 years exp. (52 salaries)	₹5 L/yr - ₹20 L/yr 23% less
Bajaj Allianz Life Insurance Management Trainee Salary 0 - 6 years exp. (39 salaries)	₹3 L/yr - ₹10.5 L/yr 55% less
SBI Life Insurance Company Management Trainee Salary 0 - 2 years exp. (37 salaries)	₹3.5 L/yr - ₹10.5 L/yr 44% less
Axis Max Life Insurance Management Trainee Salary 0 - 4 years exp. (15 salaries)	₹16 L/yr - ₹22 L/yr 45% more
Aditya Birla Sun Life Insurance Management Trainee Salary 0 - 1 year exp. (15 salaries)	₹7 L/yr - ₹15 L/yr 32% less
Kotak Mahindra General Insurance Management Trainee Salary 0 - 2 years exp. (12 salaries)	₹3 L/yr - ₹4 L/yr 76% less
Reliance Nippon Life Insurance Management Trainee Salary 0 - 1 year exp. (4 salaries)	₹1.5 L/yr - ₹3 L/yr 80% less
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Shriram Life Insurance Management Trainee Salary 0 - 3 years exp. (4 salaries)	₹2 L/yr - ₹9.1 L/yr 61% less
AXA Management Trainee Salary 2 - 3 years exp. (4 salaries)	₹8 L/yr - ₹12 L/yr 29% less
XL Catlin Management Trainee Salary 2 - 3 years exp. (3 salaries)	₹8 L/yr - ₹9.2 L/yr 42% less
Aditya Birla Insurance Brokers Management Trainee Salary 0 - 1 year exp. (3 salaries)	₹3.5 L/yr - ₹12 L/yr 55% less
Star Health & Allied Insurance Management Trainee Salary 0 - 12 years exp. (3 salaries)	₹1.8 L/yr - ₹6.5 L/yr 66% less

Management Trainee salary at HDFC Ergo General Insurance ranges between ₹6 Lakhs to ₹14.8 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 8 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Management Trainee salaries

Last Updated: 26 Jan 2025

Experience	Avg Annual Salary
Fresher (5 salaries)	₹6 L/yr - ₹14.8 L/yr
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1 year (3 salaries)	₹10 L/yr - ₹26.3 L/yr

Similar Designation salaries in HDFC Ergo General Insurance

Finance Executive Salary

(5 salaries)

₹2.5 L/yr - ₹3.4 L/yr

Accountant Salary

(4 salaries)

₹4.2 L/yr - ₹7.5 L/yr

Team Lead Salary

(45 salaries)

₹1.2 L/yr - ₹5.43 L/yr

Financial Analyst Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Accounts Officer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Analyst Salary

(4 salaries)

₹5.1 L/yr - ₹12 L/yr

Senior Associate Salary

(95 salaries)

₹2.52 L/yr - ₹5.95 L/yr

Process Associate Salary

(7 salaries)

₹2.6 L/yr - ₹5 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Deputy Manager Salary

(885 salaries)

₹3 L/yr - ₹10.25 L/yr

Salary related reviews for HDFC Ergo General Insurance

2.0

Rated by 1 employees for salary & benefits

Deputy Manager in Surat

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 26 Nov 2024

3.0

for Salary and Benefits

Likes

Employee can manage his/her work life balance at this organization.

Job security - Excellent

+2 more

Dislikes

...the cost cutting which effects Employee's conveyance, variable, appraisals etc.. This means Ergo has to improve the adequate pay scale as per Employee's skills and performance.

Skill development - Poor

+1 more

Relationship Manager in Patna

Bancainsurance Department

2.0

• posted on 28 Jun 2018

2.0

for Salary and Benefits

Likes

I don't like anything about working in Apollo Munich, except few people.

Dislikes

There id nothing to like, There is no transparency in salary cut And they won't give Allowances if you will not Achieve your target. There is no management support. Full stressful life, Senior don't know how to work. They will simply put pressure on you.

Salary - Poor

+6 more

Cluster Head Sales in Chandigarh

Full Time

Sales & Business Development Department

1.0

• posted on 10 Mar 2025

2.0

for Salary and Benefits

Likes

Nothing even HOD sitting at Mumbai not eager to pay travelling allowance. Great joke you need to provide upi payment detail for bus fare if you have travelled by private bus.

Dislikes

Seniors don't have humanity, you need to attend concall even though you are in icu.

Salary - Poor

+6 more

Duty Medical Officer in Mumbai

Full Time

Healthcare & Life Sciences Department

1.0

• posted on 31 Jan 2025

2.0

for Salary and Benefits

Likes

Salary on time only benifits.

Dislikes

- Creat problem when you switch, create relieving issues . - CTC not as per discussion. - 3 month Notice period ,if not done no compensation AND RECOVERY. THANK TWICE BEFORE JOINING. - 5 days on paper but 6 days off record work. BOTHERATION BY MANAGER FOR TARGET TO REJECT CLAIMS.

Salary - Poor

+5 more

Senior Manager Information Technology in Mumbai

Full Time

IT & Information Security Department

5.0

• posted on 25 Dec 2024

5.0

for Salary and Benefits

Likes

...appy to be part of HDFC Ergo where I can upskill myself along with he work life. Company encourage us to take time off for personal life Management is good Salary and work environment is also good Multiple events helps to avoid boring work life

Salary - Excellent

+6 more

Dislikes

Nothing so far... See if they can help to improve the appraisal thing 😜 Because whatever good we get as an employee but good increament will always have higher stake in that happiness and shows worthiness to the efforts

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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HDFC Ergo General Insurance Management Trainee Salary FAQs

What is the salary of Management Trainee at HDFC Ergo General Insurance ?

The average salary of a Management Trainee at HDFC Ergo General Insurance in India typically ranges from ₹6.0 Lakhs to ₹14.8 Lakhs per year, depending on experience (from Fresher to 1 year).

The top 10% of Management Trainee at HDFC Ergo General Insurance earn more than ₹14.7 Lakhs per year, and the top 1% earn over ₹14.8 Lakhs per year. Management Trainee Salaries at HDFC Ergo 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 8 HDFC Ergo General Insurance employees in India.

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

The estimated take-home salary of a Management Trainee at HDFC Ergo General Insurance in India typically ranges from ₹1,00,306 to ₹1,03,038 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹14.8 Lakhs per year for employees with experience ranging from Fresher to 1 year.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 8 salaries received from various employees of HDFC Ergo General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than HDFC Ergo General Insurance for Management Trainee in India?

Axis Max Life Insurance

₹16.0 Lakhs to ₹22.0 Lakhs per year

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

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

The salary of a Management Trainee at companies similar to HDFC Ergo General Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata AIA Life Insurance	₹5.0 Lakhs to ₹20.0 Lakhs per year
HDFC Life	₹5.0 Lakhs to ₹15.0 Lakhs per year
AXA	₹8.0 Lakhs to ₹12.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹7.0 Lakhs to ₹15.0 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 HDFC Ergo General Insurance in India?

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

Experience	Average Salary Range
Fresher	₹6.0 Lakhs to ₹14.8 Lakhs per year
1 year	₹10.0 Lakhs to ₹26.3 Lakhs per year

and so on.

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HDFC Ergo General Insurance Management Trainee Salaries

HDFC Ergo General Insurance Management Trainee salary in India ranges between ₹6 Lakhs to ₹14.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.

HDFC Ergo General Insurance Management Trainee salaries in India (Updated 2025)

Companies similar to HDFC Ergo General Insurance for Management Trainee

Latest annual salaries shared by HDFC Ergo General Insurance Management Trainee

Experience wise HDFC Ergo General Insurance Management Trainee salaries

Similar Designation salaries in HDFC Ergo General Insurance

Salary related reviews for HDFC Ergo General Insurance

Deputy Manager in Surat

Relationship Manager in Patna

Cluster Head Sales in Chandigarh

Duty Medical Officer in Mumbai

Senior Manager Information Technology in Mumbai

HDFC Ergo General Insurance Management Trainee Salary FAQs

Tell us how to improve this page.