HDFC Ergo General Insurance Mumbai Management Trainee Salaries by 3 Employees (Updated 2024)

0 - 1 year exp.

₹6 Lakhs - ₹14.8 Lakhs

Low Confidence

Salary of majority employees

50% more than the average Management Trainee Salary in Insurance Companies for 0 - 1 year of experience

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Salaries in different departments

Human Resources Management Trainee Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹6 L/yr - ₹13 L/yr
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BFSI, Investments & Trading Management Trainee Salary Fresher (AmbitionBox Estimate)	₹14.8 L/yr - ₹19.9 L/yr

Last Updated: 7 Jul 2024

Companies similar to HDFC Ergo General Insurance for Management Trainee in Mumbai

HDFC Ergo General Insurance Management Trainee Salary

0 - 1 year exp. (3 salaries)

₹6 L/yr - ₹14.8 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Management Trainee Salary 0 - 2 years exp. (48 salaries)	₹3.8 L/yr - ₹10.4 L/yr 41% less
Bajaj Allianz General Insurance Management Trainee Salary 0 - 2 years exp. (5 salaries)	₹6 L/yr - ₹8.6 L/yr 43% less
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Reliance General Insurance Management Trainee Salary 0 - 4 years exp. (26 salaries)	₹4.5 L/yr - ₹10 L/yr 53% less
Tata AIG Management Trainee Salary 0 - 3 years exp. (43 salaries)	₹4.2 L/yr - ₹12.1 L/yr 31% less
HDFC Life Management Trainee Salary 0 - 3 years exp. (76 salaries)	₹4.8 L/yr - ₹15 L/yr 31% less
ICICI Prudential Life Insurance Management Trainee Salary 0 - 2 years exp. (47 salaries)	₹5 L/yr - ₹9.6 L/yr 49% less
Tata AIA Life Insurance Management Trainee Salary 0 - 2 years exp. (25 salaries)	₹7 L/yr - ₹20 L/yr 2% more
Kotak Mahindara Life Insurance Management Trainee Salary 0 - 2 years exp. (17 salaries)	₹3 L/yr - ₹4.5 L/yr 71% less
Bajaj Allianz Life Insurance Management Trainee Salary 0 - 4 years exp. (9 salaries)	₹4 L/yr - ₹8 L/yr 48% less
Aditya Birla Sun Life Insurance Management Trainee Salary 0 - 2 years exp. (8 salaries)	₹7 L/yr - ₹15 L/yr 26% less
SBI General Insurance Management Trainee Salary 1 - 4 years exp. (6 salaries)	₹9 L/yr - ₹13 L/yr 30% less
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Future Generali India Life Insurance Management Trainee Salary 0 - 2 years exp. (6 salaries)	₹8.1 L/yr - ₹11 L/yr 40% less
SBI Life Insurance Company Management Trainee Salary 0 - 3 years exp. (5 salaries)	₹5.3 L/yr - ₹10.5 L/yr 41% less
Max Life Insurance Management Trainee Salary 2 - 4 years exp. (3 salaries)	₹21.2 L/yr - ₹22 L/yr 56% more

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 3 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Management Trainee salaries in Mumbai

Last Updated: 7 Jul 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹6 L/yr - ₹14.8 L/yr
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1 year (AmbitionBox Estimate)	₹13 L/yr - ₹28.4 L/yr

Similar Designation salaries in HDFC Ergo General Insurance

Deputy Manager Salary

(245 salaries)

₹3 L/yr - ₹10.25 L/yr

Team Lead Salary

(20 salaries)

₹2.9 L/yr - ₹5 L/yr

Senior Associate Salary

(18 salaries)

₹3 L/yr - ₹4.65 L/yr

Finance Executive Salary

(4 salaries)

₹2.6 L/yr - ₹3.4 L/yr

Salary related reviews for HDFC Ergo General Insurance

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.

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.

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.

Operations Manager in Noida

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 10 Dec 2024

3.0

for Salary and Benefits

Likes

Salaries are on time

Dislikes

They need low package employees No scope of growth They don't know how to utilise the employees skills and what ever the skills you have learnt in past every thing will vanished due to non utilisation. If you have good reference you will get good post and salaries The new CEO is very poor in cost optimization Very soon this hdfc ergo will be in loss. There compititior will grow by taking some advantages. There policies are not employee and customer friendly

Senior Executive in Mumbai

Full Time

Engineering - Software & QA Department

4.0

• posted on 15 Oct 2024

3.0

for Salary and Benefits

Likes

The work culture is really good at HDFC ERGO. They take care of their employees and understand the critical situations. There is no pressure on employees and hence they can easily enjoy their personal lives along with the work.

Dislikes

The perks and salary could be better. Also they need to upgrade some tech stack.

Executive in Mumbai

Full Time

Human Resources Department

3.0

• posted on 09 Aug 2024

2.0

for Salary and Benefits

Likes

Office timing, work life balance

Dislikes

...t this is at its worst. Promotions/ increments are given only to the reference. No salary or personal growth.

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a product owner

Salary -- Accepted Offer

I accepted an offer where they gave me around 120% hike on current salary, but 2 weeks later I got to know that there are paying other candidates more than me for the same role with even less experience. Can I reach out to HR for salary revision after accepting offer? I still have 3 weeks left for joining. *My interview went really well. But HR low balled just becuase of current salary

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HDFC Ergo General Insurance Management Trainee Salary FAQs

What is the notice period for Management Trainee at HDFC Ergo General Insurance in Mumbai?

According to AmbitionBox, 50% of the HDFC Ergo General Insurance Management Trainees in Mumbai reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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HDFC Ergo General Insurance Management Trainee Salaries in Mumbai

HDFC Ergo General Insurance Management Trainee salary in Mumbai ranges between ₹6 Lakhs to ₹14.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.

HDFC Ergo General Insurance Management Trainee salaries in Mumbai

Companies similar to HDFC Ergo General Insurance for Management Trainee in Mumbai

Latest annual salaries shared by HDFC Ergo General Insurance Management Trainee in Mumbai

Experience wise HDFC Ergo General Insurance Management Trainee salaries in Mumbai

Similar Designation salaries in HDFC Ergo General Insurance

Salary related reviews for HDFC Ergo General Insurance

Deputy Manager in Surat

Relationship Manager in Patna

Operations Manager in Noida

Senior Executive in Mumbai

Executive in Mumbai

HDFC Ergo General Insurance Management Trainee Salary FAQs

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