ICICI Lombard General Insurance Company Mumbai Management Trainee Salaries by 40+ Employees (Updated 2025)

0 - 1 year exp.

₹4.3 Lakhs - ₹10.4 Lakhs

Salary of majority employees

12% less than the average Management Trainee Salary in Insurance Companies for 0 - 1 year of experience

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Salaries in different departments

Data Science & Analytics Management Trainee Salary 0 - 1 year exp. (7 salaries)	₹5.3 L/yr - ₹7.6 L/yr
BFSI, Investments & Trading Management Trainee Salary 0 - 1 year exp. (6 salaries)	₹4.8 L/yr - ₹8 L/yr
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Finance & Accounting Management Trainee Salary 0 - 1 year exp. (6 salaries)	₹4 L/yr - ₹9.5 L/yr
Marketing & Communication Management Trainee Salary 0 - 1 year exp. (5 salaries)	₹5.2 L/yr - ₹10 L/yr
Sales & Business Development Management Trainee Salary Fresher (4 salaries)	₹6 L/yr - ₹8 L/yr

View all

Last Updated: 19 Feb 2025

Companies similar to ICICI Lombard General Insurance Company for Management Trainee in Mumbai

ICICI Lombard General Insurance Company Management Trainee Salary

0 - 1 year exp. (45 salaries)

₹4.3 L/yr - ₹10.4 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Ergo General Insurance Management Trainee Salary 0 - 1 year exp. (3 salaries)	₹6 L/yr - ₹14.8 L/yr 69% more
Bajaj Allianz General Insurance Management Trainee Salary 0 - 2 years exp. (5 salaries)	₹6 L/yr - ₹8.6 L/yr 1% less
Login to view exact salary
Reliance General Insurance Management Trainee Salary 0 - 4 years exp. (28 salaries)	₹4.5 L/yr - ₹10 L/yr 19% less
Tata AIG Management Trainee Salary 0 - 2 years exp. (35 salaries)	₹4.2 L/yr - ₹12.2 L/yr 17% more
Bharti AXA Life Insurance Management Trainee Salary 0 - 1 year exp. (6 salaries)	₹2 L/yr - ₹10 L/yr 15% less
HDFC Life Management Trainee Salary 0 - 3 years exp. (76 salaries)	₹5 L/yr - ₹15 L/yr 26% more
ICICI Prudential Life Insurance Management Trainee Salary 0 - 3 years exp. (44 salaries)	₹5 L/yr - ₹9.6 L/yr 15% less
Tata AIA Life Insurance Management Trainee Salary 0 - 5 years exp. (30 salaries)	₹9 L/yr - ₹20 L/yr 70% more
Kotak Mahindara Life Insurance Management Trainee Salary 0 - 2 years exp. (19 salaries)	₹3 L/yr - ₹7 L/yr 48% less
Bajaj Allianz Life Insurance Management Trainee Salary 0 - 4 years exp. (10 salaries)	₹4 L/yr - ₹8.3 L/yr 13% less
Aditya Birla Sun Life Insurance Management Trainee Salary 0 - 2 years exp. (9 salaries)	₹7 L/yr - ₹15 L/yr 41% more
Login to view exact salary
Future Generali India Life Insurance Management Trainee Salary 0 - 1 year exp. (6 salaries)	₹8 L/yr - ₹11 L/yr 2% more
SBI Life Insurance Company Management Trainee Salary 0 - 3 years exp. (6 salaries)	₹5.3 L/yr - ₹10.5 L/yr At par
SBI General Insurance Management Trainee Salary 1 - 4 years exp. (5 salaries)	₹8.5 L/yr - ₹10 L/yr 8% more
Axis Max Life Insurance Management Trainee Salary 2 - 4 years exp. (3 salaries)	₹21.2 L/yr - ₹22 L/yr 163% more
Iffco Tokio General Insurance Co. Management Trainee Salary 0 - 1 year exp. (3 salaries)	₹5.3 L/yr - ₹6 L/yr 27% less

Management Trainee salary at ICICI Lombard General Insurance Company ranges between ₹4.3 Lakhs to ₹10.4 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 45 latest salaries received from various employees of ICICI Lombard General Insurance Company.

Experience wise ICICI Lombard General Insurance Company Management Trainee salaries in Mumbai

Last Updated: 19 Feb 2025

Experience	Avg Annual Salary
Fresher (26 salaries)	₹4.6 L/yr - ₹10.4 L/yr
Login to view exact salary
1 year (19 salaries)	₹5 L/yr - ₹10.4 L/yr

From

Management Trainee

₹

Lakhs/yr

0 - 1 year exp.

Vice President

₹

Lakhs/yr

14 - 22 years exp.

Management Trainee 0 - 1 year exp.

Sales Manager 1 - 15 years exp.

-18% hike

Area Sales Manager 9 - 18 years exp.

89% hike

From

4 more levels

Management Trainee

0 - 1 year exp.

Deputy Vice President

13 - 25 years exp.

Similar Designation salaries in ICICI Lombard General Insurance Company

Team Lead Salary

(36 salaries)

₹1.05 L/yr - ₹8.2 L/yr

Senior Associate Salary

(9 salaries)

₹4 L/yr - ₹6.5 L/yr

Deputy Manager Salary

(8 salaries)

₹4.65 L/yr - ₹6.5 L/yr

Analyst Salary

(8 salaries)

₹4 L/yr - ₹17.8 L/yr

Finance Executive Salary

(3 salaries)

₹3.5 L/yr - ₹4.55 L/yr

Salary related reviews for ICICI Lombard General Insurance Company

3.0

Rated by 11 employees for salary & benefits

Management Trainee in New Delhi

Full Time

Sales & Business Development Department

1.0

• posted on 30 Sep 2024

1.0

for Salary and Benefits

Likes

Nothing, if you have an option please avoid this organisation even if you don’t please find other interest for yourself

Dislikes

Everything, work culture is pathetic, salary is market minimum, work planning is pathetic as well most teams are just eating each others business, team leaders are lost when I comes to challenges, and the worst operations teams ever, if you are in sales you would wish you never worked. Dying a beggar is better than joining this place

Salary - Bad

+6 more

Management Trainee in New Delhi

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 30 Jul 2023

4.0

for Salary and Benefits

Likes

If you’re looking for good salary and perks, go forward.

Salary - Good

+1 more

Dislikes

No work life balance. You can hardly manage your personal and professional life here simultaneously. Upper Management treats like robot. Although your working days are Mon-Fri, but you have to work on weekends also unofficially otherwise you’ll be scolded by upper management. Some old VPs working here are annoying.

Skill development - Bad

+3 more

Management Trainee in Vadodara

Full Time

Sales & Business Development Department

2.0

• posted on 11 Oct 2023

1.0

for Salary and Benefits

Likes

Only thing good is the brand name and time to time salary

Job security - Excellent

Dislikes

Bad managers, no work life balance, we used to work late till 1am almost everyday. I had horrible manager and super manager. Too much of hierarchy and no one used to help or support. People were so arrogant that they would bully and not teach anything to the new joinees.

Salary - Bad

+4 more

Verification Officer in Mumbai

Full Time

Administration & Facilities Department

3.0

• posted on 19 Jan 2025

2.0

for Salary and Benefits

Likes

I had good co- workers with me. Friendly Team leader. That was the best part in my department.

Dislikes

...y. The TL and management will make your life hell. Even they call you on Sunday. With no extra pay.No work life balance at all.

Salary - Poor

+3 more

Unit Sales Manager in Pune

Full Time

Sales & Business Development Department

2.0

• posted on 23 Dec 2024

3.0

for Salary and Benefits

Likes

Nothing as such, only u got salary on time

Job security - Good

Dislikes

Everything is worth from the top level to bottom level no one is supportive even HR's only listen to top level like your manager you are reporting to ... No appraisal no hike nothing specially for campus hire.. If you r fresher so definitely you will get 5 rating and no hike ,even you did too good in terms of business... No one will listen your point , top level is always right here

Skill development - Poor

+4 more

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ICICI Lombard General Insurance Company Management Trainee Salary FAQs

What is the salary of Management Trainee at ICICI Lombard General Insurance Company Mumbai?

Management Trainee salary at ICICI Lombard General Insurance Company in Mumbai ranges between ₹4.3 Lakhs to ₹10.4 Lakhs for less than 1 year of experience. According to our estimates it is 12% less than the average Management Trainee Salary in India. Salary estimates are based on 45 latest salaries received from various employees of ICICI Lombard General Insurance Company Mumbai.

How does the salary of a Management Trainee at ICICI Lombard General Insurance Company Mumbai compare with the average salary range for this job?

The average salary of a Management Trainee at ICICI Lombard General Insurance Company is 12% less 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 ICICI Lombard General Insurance Company 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
HDFC Ergo General Insurance Management Trainee Salary - ₹6.0 Lakhs to ₹14.8 Lakhs per year
Aditya Birla Sun Life Insurance Management Trainee Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year
HDFC Life Management Trainee Salary - ₹5.0 Lakhs to ₹15.0 Lakhs per year

What is the salary of a Management Trainee in companies similar to ICICI Lombard General Insurance Company in Mumbai?

Tata AIG Management Trainee Salary - ₹4.2 Lakhs to ₹12.2 Lakhs per year
SBI General Insurance Management Trainee Salary - ₹8.5 Lakhs to ₹10.0 Lakhs per year
Future Generali India Life Insurance Management Trainee Salary - ₹8.0 Lakhs to ₹11.0 Lakhs per year
SBI Life Insurance Company Management Trainee Salary - ₹5.3 Lakhs to ₹10.5 Lakhs per year
Bajaj Allianz General Insurance Management Trainee Salary - ₹6.0 Lakhs to ₹8.6 Lakhs per year

What is the estimated take home salary of a Management Trainee at ICICI Lombard General Insurance Company in Mumbai?

The estimated take-home salary of a Management Trainee at ICICI Lombard General Insurance Company ranges between ₹59,446 per month to ₹60,947 per month in Mumbai. The take-home salary calculation is based on the average ICICI Lombard General Insurance Company Management Trainee salary in India which ranges between ₹4.3 Lakhs to ₹10.4 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 ICICI Lombard General Insurance Company in Mumbai?

According to AmbitionBox, 33% of the ICICI Lombard General Insurance Company Management Trainees in Mumbai reported a notice period of 3 Months, 27% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 15 responses on AmbitionBox in last 2 years.

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ICICI Lombard General Insurance Company Management Trainee Salaries in Mumbai

ICICI Lombard General Insurance Company Management Trainee salary in Mumbai ranges between ₹4.3 Lakhs to ₹10.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 45 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.

ICICI Lombard General Insurance Company Management Trainee salaries in Mumbai

Companies similar to ICICI Lombard General Insurance Company for Management Trainee in Mumbai

Latest annual salaries shared by ICICI Lombard General Insurance Company Management Trainee in Mumbai

Experience wise ICICI Lombard General Insurance Company Management Trainee salaries in Mumbai

Similar Designation salaries in ICICI Lombard General Insurance Company

Salary related reviews for ICICI Lombard General Insurance Company

Management Trainee in New Delhi

Management Trainee in New Delhi

Management Trainee in Vadodara

Verification Officer in Mumbai

Unit Sales Manager in Pune

ICICI Lombard General Insurance Company Management Trainee Salary FAQs

Tell us how to improve this page.