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Hero Insurance Broking India Management Trainee salaries in India

Annual salary range
0 - 1 year exp.
₹4.1 Lakhs - ₹14 Lakhs
Salary of majority employees
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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)
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₹4.2 L/yr - ₹4.5 L/yr

Sales & Business Development
Management Trainee Salary
1 year exp. (AmbitionBox Estimate)
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₹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
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₹1.4 L/yr - ₹3.4 L/yr

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₹6.3 L/yr - ₹8 L/yr

arrow icon 13% less
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₹3 L/yr - ₹18 L/yr

arrow icon 1% more
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₹3 L/yr - ₹8 L/yr

arrow icon 36% less
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₹4.5 L/yr - ₹7.8 L/yr

arrow icon 19% 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.

Latest annual salaries shared by Hero Insurance Broking India Management Trainee

1y ago
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1 year exp.
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7 months exp.
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1 year exp.
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5 months exp.

Experience wise Hero Insurance Broking India Management Trainee salaries

Last Updated: 20 Apr 2024

Experience Avg Annual Salary
Fresher  (3 salaries)

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₹4.8 L/yr - ₹14 L/yr
1 year  (3 salaries)

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₹4.1 L/yr - ₹4.2 L/yr

Similar Designation salaries in Hero Insurance Broking India

Team Lead Salary
(3 salaries)
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₹6 L/yr - ₹7.8 L/yr
Deputy Manager Salary
(13 salaries)
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₹9.5 L/yr - ₹13.59 L/yr
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₹4.2 L/yr - ₹5.6 L/yr
Senior Accounts Executive Salary
(AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr

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Hero Insurance Broking India Management Trainee Salary FAQs

What is the salary of Management Trainee at Hero Insurance Broking India ?
The average salary of a Management Trainee at Hero Insurance Broking India in India typically ranges from ₹4.1 Lakhs to ₹14.0 Lakhs per year, depending on experience (from Fresher to 1 year).

The top 10% of Management Trainee at Hero Insurance Broking India earn more than ₹13.1 Lakhs per year, and the top 1% earn over ₹14.0 Lakhs per year. Management Trainee Salaries at Hero Insurance Broking India 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 6 Hero Insurance Broking India employees in India.
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 in India typically ranges from ₹59,097 to ₹60,588 per month. This is based on the average salary range of ₹4.1 Lakhs to ₹14.0 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 6 salaries received from various employees of Hero Insurance Broking India. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Hero Insurance Broking India for Management Trainee in India?
Salasar Services Insurance Brokers ₹3.0 Lakhs to ₹18.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Hero Insurance Broking India, depending on the role and experience level.
What is the salary of a Management Trainee in companies similar to Hero Insurance Broking India in India?
The salary of a Management Trainee at companies similar to Hero Insurance Broking India in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SecureNow Insurance Broker ₹6.3 Lakhs to ₹8.0 Lakhs per year
Unison Insurance Broking Services ₹4.5 Lakhs to ₹7.8 Lakhs per year
Prudent Insurance Brokers ₹3.0 Lakhs to ₹8.0 Lakhs per year
Ideal Insurance Brokers ₹1.4 Lakhs to ₹3.4 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 Hero Insurance Broking India in India?
The salary growth for a Management Trainee at Hero Insurance Broking India depends on factors such as experience, performance, and promotions. On average, a Management Trainee can expect the following growth trajectory at Hero Insurance Broking India:

Experience Average Salary Range
Fresher ₹4.8 Lakhs to ₹14.0 Lakhs per year
1 year ₹4.1 Lakhs to ₹4.2 Lakhs per year
and so on.

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