Hero Insurance Broking India Management Trainee Salaries by 6 Employees (Updated 2024)

0 - 1 year exp.

₹4.1 Lakhs - ₹14 Lakhs

Salary of majority employees

9% 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. (3 salaries)	₹4.2 L/yr - ₹4.5 L/yr
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Sales & Business Development Management Trainee Salary 1 year exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹4.2 L/yr

Last Updated: 20 Apr 2024

Companies similar to Hero Insurance Broking India 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. (224 salaries)	₹3.8 L/yr - ₹12 L/yr 6% more
Future Generali India Life Insurance Management Trainee Salary 0 - 2 years exp. (8 salaries)	₹3 L/yr - ₹11 L/yr 7% less
Ideal Insurance Brokers Management Trainee Salary 0 - 1 year exp. (6 salaries)	₹1.4 L/yr - ₹3.4 L/yr 63% less
Salasar Services Insurance Brokers Management Trainee Salary 0 - 1 year exp. (5 salaries)	₹3 L/yr - ₹8 L/yr 33% less
SecureNow Insurance Broker Management Trainee Salary 1 - 2 years exp. (4 salaries)	₹6.3 L/yr - ₹8 L/yr 13% less
Prudent Insurance Brokers Management Trainee Salary 0 - 1 year exp. (3 salaries)	₹3 L/yr - ₹8 L/yr 36% less

Management Trainee salary at Hero Insurance Broking India ranges between ₹4.1 Lakhs to ₹14 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 Hero Insurance Broking India.

Experience wise Hero Insurance Broking India Management Trainee salaries

Last Updated: 20 Apr 2024

Experience	Avg Annual Salary
Fresher (3 salaries)	₹4.8 L/yr - ₹14 L/yr
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1 year (3 salaries)	₹4.1 L/yr - ₹4.2 L/yr

Similar Designation salaries in Hero Insurance Broking India

Team Lead Salary

(3 salaries)

₹6 L/yr - ₹7.8 L/yr

Deputy Manager Salary

(13 salaries)

₹9.5 L/yr - ₹13.59 L/yr

Relationship Manager Salary

(3 salaries)

₹4.2 L/yr - ₹5.5 L/yr

Senior Accounts Executive Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

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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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Hero Insurance Broking India Management Trainee Salary FAQs

What is the salary of Management Trainee at Hero Insurance Broking India?

Management Trainee salary at Hero Insurance Broking India in India ranges between ₹4.1 Lakhs to ₹14.0 Lakhs for less than 1 year of experience. According to our estimates it is 9% more than the average Management Trainee Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Hero Insurance Broking India India.

How does the salary of a Management Trainee at Hero Insurance Broking India India compare with the average salary range for this job?

The average salary of a Management Trainee at Hero Insurance Broking India is 9% more than the average salary of a Management Trainee in India. To know exact salary insights, login to view.

Which similar companies are paying more than Hero Insurance Broking India to a Management Trainee in India?

HDFC Ergo General Insurance Management Trainee Salary - ₹13.1 Lakhs to ₹19.0 Lakhs per year
Tata AIG Management Trainee Salary - ₹3.8 Lakhs to ₹12.0 Lakhs per year
ICICI Lombard General Insurance Company Management Trainee Salary - ₹4.5 Lakhs to ₹12.0 Lakhs per year

What is the salary of a Management Trainee in companies similar to Hero Insurance Broking India in India?

Bajaj Allianz General Insurance Management Trainee Salary - ₹5.4 Lakhs to ₹9.5 Lakhs per year
Future Generali India Life Insurance Management Trainee Salary - ₹3.0 Lakhs to ₹11.0 Lakhs per year
SecureNow Insurance Broker Management Trainee Salary - ₹6.3 Lakhs to ₹8.0 Lakhs per year
Reliance General Insurance Management Trainee Salary - ₹1.8 Lakhs to ₹10.0 Lakhs per year
Salasar Services Insurance Brokers Management Trainee Salary - ₹3.0 Lakhs to ₹8.0 Lakhs per year

What is the estimated take home salary of a Management Trainee at Hero Insurance Broking India in India?

The estimated take-home salary of a Management Trainee at Hero Insurance Broking India ranges between ₹59,097 per month to ₹60,588 per month in India. The take-home salary calculation is based on the average Hero Insurance Broking India Management Trainee salary in India which ranges between ₹4.1 Lakhs to ₹14.0 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 Hero Insurance Broking India?

According to AmbitionBox, 50% of the Hero Insurance Broking India Management Trainees reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Hero Insurance Broking India Management Trainee Salaries

Hero Insurance Broking India Management Trainee salary in India ranges between ₹4.1 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Hero Insurance Broking India latest salaries received from various employees of Hero Insurance Broking India.