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

Annual salary range
0 - 1 year exp.
₹6 Lakhs - ₹14.8 Lakhs
Salary of majority employees
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Fixed (83%)
₹9.8 Lakhs
Variable (17%)
₹1.9 Lakhs
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28% 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)
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₹12 L/yr - ₹14.8 L/yr

Human Resources
Management Trainee Salary
0 - 1 year exp. (AmbitionBox Estimate)
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₹6 L/yr - ₹13 L/yr

Last Updated: 26 Jan 2025

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

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HDFC Ergo General Insurance Management Trainee Salary

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₹6 L/yr - ₹14.8 L/yr

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

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

1mo ago
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1 year exp.
7mo ago
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1 year exp.
8mo ago
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1 year exp.
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Experience wise HDFC Ergo General Insurance Management Trainee salaries in Mumbai

Last Updated: 26 Jan 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹6 L/yr - ₹14.8 L/yr
1 year  (3 salaries)

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₹10 L/yr - ₹13 L/yr

Similar Designation salaries in HDFC Ergo General Insurance

Deputy Manager Salary
(255 salaries)
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₹3 L/yr - ₹10.25 L/yr
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₹2.75 L/yr - ₹5 L/yr
Team Lead Salary
(18 salaries)
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₹2.9 L/yr - ₹5.11 L/yr
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₹2.6 L/yr - ₹3.4 L/yr

Salary related reviews for HDFC Ergo General Insurance

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.

read more
  • Skill development - Poor
  • +1 more

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.

read more
  • Salary - Poor
  • +6 more

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

read more
  • 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

read more

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

read more
  • Skill development - Bad
  • +4 more

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.

read more
  • Job security - Good
  • +2 more

Dislikes

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

read more
see more salary related reviews

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HDFC Ergo General Insurance Management Trainee Salary FAQs

What is the salary of Management Trainee at HDFC Ergo General Insurance Mumbai?
Management Trainee salary at HDFC Ergo General Insurance in Mumbai ranges between ₹6.0 Lakhs to ₹14.8 Lakhs for less than 1 year of experience. According to our estimates it is 28% more than the average Management Trainee Salary in India. Salary estimates are based on 5 latest salaries received from various employees of HDFC Ergo General Insurance Mumbai.
How does the salary of a Management Trainee at HDFC Ergo General Insurance Mumbai compare with the average salary range for this job?
The average salary of a Management Trainee at HDFC Ergo General Insurance is 28% more 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 HDFC Ergo General Insurance to a Management Trainee in Mumbai?
  • Axis Max Life Insurance Management Trainee Salary - ₹21.2 Lakhs to ₹22.0 Lakhs per year
  • Tata AIA Life Insurance Management Trainee Salary - ₹9.0 Lakhs to ₹20.0 Lakhs per year
What is the salary of a Management Trainee in companies similar to HDFC Ergo General Insurance in Mumbai?
  • Aditya Birla Sun Life Insurance Management Trainee Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year
  • Niva Bupa Health Insurance Company Management Trainee Salary - ₹7.5 Lakhs to ₹12.0 Lakhs per year
  • HDFC Life Management Trainee Salary - ₹5.0 Lakhs to ₹15.0 Lakhs per year
  • Tata AIG Management Trainee Salary - ₹4.2 Lakhs to ₹12.2 Lakhs per year
  • SBI General Insurance Management Trainee Salary - ₹9.0 Lakhs to ₹13.0 Lakhs per year
What is the estimated take home salary of a Management Trainee at HDFC Ergo General Insurance in Mumbai?
The estimated take-home salary of a Management Trainee at HDFC Ergo General Insurance ranges between ₹83,515 per month to ₹85,697 per month in Mumbai. The take-home salary calculation is based on the average HDFC Ergo General Insurance Management Trainee salary in India which ranges between ₹6.0 Lakhs to ₹14.8 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 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.

Tell us how to improve this page.

HDFC Ergo General Insurance Management Trainee salary in Mumbai ranges between ₹6 Lakhs to ₹14.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.