Ideal Insurance Brokers Management Trainee Salaries by 6 Employees (Updated 2024)

0 - 1 year exp.

₹1.4 Lakh - ₹3.4 Lakhs

Salary of majority employees

60% less than the average Management Trainee Salary in Insurance Companies for 0 - 1 year of experience

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Last Updated: 17 Jan 2024

Companies similar to Ideal Insurance Brokers for Management Trainee

Company name	Avg Annual Salary	Open Jobs
PolicyBazaar Management Trainee Salary Fresher (7 salaries)	₹5 L/yr - ₹18 L/yr 244% more
Reliance General Insurance Management Trainee Salary 0 - 3 years exp. (83 salaries)	₹1.8 L/yr - ₹10 L/yr 88% more
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ICICI Lombard General Insurance Company Management Trainee Salary 0 - 1 year exp. (152 salaries)	₹4.5 L/yr - ₹12 L/yr 184% more
Bajaj Allianz General Insurance Management Trainee Salary 0 - 2 years exp. (76 salaries)	₹5.4 L/yr - ₹9.5 L/yr 169% more
HDFC Ergo General Insurance Management Trainee Salary 0 - 1 year exp. (7 salaries)	₹13.1 L/yr - ₹19 L/yr 423% more
Tata AIG Management Trainee Salary 0 - 2 years exp. (224 salaries)	₹3.8 L/yr - ₹12 L/yr 188% more
Salasar Services Insurance Brokers Management Trainee Salary 0 - 1 year exp. (5 salaries)	₹3 L/yr - ₹8 L/yr 82% more
Tata Motors Insurance Broking And Advisory Services Management Trainee Salary Fresher (5 salaries)	₹6.5 L/yr - ₹7.4 L/yr 125% more
SecureNow Insurance Broker Management Trainee Salary 1 - 2 years exp. (4 salaries)	₹6.3 L/yr - ₹8 L/yr 138% more
Vidal Health Tpa Management Trainee Salary 0 - 2 years exp. (4 salaries)	₹5 L/yr - ₹6.3 L/yr 98% more
Prudent Insurance Brokers Management Trainee Salary 0 - 1 year exp. (3 salaries)	₹3 L/yr - ₹8 L/yr 75% more
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Unison Insurance Broking Services Management Trainee Salary 0 - 2 years exp. (3 salaries)	₹4.5 L/yr - ₹7.8 L/yr 119% more

Management Trainee salary at Ideal Insurance Brokers ranges between ₹1.4 Lakh to ₹3.4 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 Ideal Insurance Brokers.

Experience wise Ideal Insurance Brokers Management Trainee salaries

Last Updated: 17 Jan 2024

Experience	Avg Annual Salary
Fresher (4 salaries)	₹1.4 L/yr - ₹3.1 L/yr
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1 year (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.4 L/yr

Similar Designation salaries in Ideal Insurance Brokers

Finance Executive Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Accounts Officer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Process Associate Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Deputy Manager Salary

(6 salaries)

₹5 L/yr - ₹10.8 L/yr

Relationship Manager Salary

(4 salaries)

₹2.75 L/yr - ₹4.5 L/yr

Salary related reviews for Ideal Insurance Brokers

1.0

Rated by 2 employees for salary & benefits

Assistant Manager IT Operations in Kolkata

Full Time

IT Department

5.0

• posted on 15 Aug 2019

5.0

for Salary and Benefits

Likes

Higher position people also in good condition but middel range people so so..but most good part is company never hold anyone salary. And very smooth leaving policy.

Dislikes

Missing middle leval management and senior HR.

Manager in Pune

business Development Department

1.0

• posted on 23 Mar 2018

1.0

for Salary and Benefits

Likes

...ot at all good to join as its waste of time & you will get only dissatisfaction. With any reason company always hold the salary. Director don't have any long-term vision. Unprofessional culture & HR processes.

Dislikes

No ethics of work & Very unprofessional in HR Processes. Not a good company to work. Everyday targets will get change. Hire & fire method of recruitment.

Assistant Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 11 Dec 2023

3.0

for Salary and Benefits

Likes

Colleagues are helpful

Dislikes

Biased Management in Kolkata with horrible HR,based at Delhi; Buttering the seniors has become the factor for employees to get promotion & increment; Thus favouritism is prevailing at the moment (both for getting promotion & for acquiring the facility for working from home)

Assistant Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 04 Sep 2023

2.0

for Salary and Benefits

Likes

You will get the opportunity to learn and develop your skills colleague and seniors are supportive in terms of learning. And everything else you got to handle on your own.

Dislikes

Management is very disturbed, politics involved, HR are worthless. Company policies are biased. Even the sales team doesn't get priority or respect over here.

Deputy General Manager in Multiple Location

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 27 Apr 2023

5.0

for Salary and Benefits

Likes

I have recieved warmest welcome from the Leaders of the Company. I would like to Mention Mr Rahul Agarwal is one of the most humble, passionate & a go ahead on new ideas person. We work as a family and grow together. Its a privileged to be associated to the Top 50 Brands of India, not to forget a Family who works together & parties harder.

Dislikes

There are no dislikes when you want to work long term in any Organisation. My rather suggestion is to improve and upgrade my skills with them and work together & closely as a Family

see more salary related reviews

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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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Ideal Insurance Brokers Management Trainee Salary FAQs

What is the salary of Management Trainee at Ideal Insurance Brokers?

Management Trainee salary at Ideal Insurance Brokers in India ranges between ₹1.4 Lakhs to ₹3.4 Lakhs for less than 1 year of experience. According to our estimates it is 60% less than the average Management Trainee Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Ideal Insurance Brokers India.

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

The average salary of a Management Trainee at Ideal Insurance Brokers is 60% less 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 Ideal Insurance Brokers to a Management Trainee in India?

HDFC Ergo General Insurance Management Trainee Salary - ₹13.1 Lakhs to ₹19.0 Lakhs per year
PolicyBazaar Management Trainee Salary - ₹5.0 Lakhs to ₹18.0 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
Bajaj Allianz General Insurance Management Trainee Salary - ₹5.4 Lakhs to ₹9.5 Lakhs per year

What is the salary of a Management Trainee in companies similar to Ideal Insurance Brokers in India?

SecureNow Insurance Broker Management Trainee Salary - ₹6.3 Lakhs to ₹8.0 Lakhs per year
Tata Motors Insurance Broking And Advisory Services Management Trainee Salary - ₹6.5 Lakhs to ₹7.4 Lakhs per year
Unison Insurance Broking Services Management Trainee Salary - ₹4.5 Lakhs to ₹7.8 Lakhs per year
Vidal Health Tpa Management Trainee Salary - ₹5.0 Lakhs to ₹6.3 Lakhs per year
Reliance General Insurance Management Trainee Salary - ₹1.8 Lakhs to ₹10.0 Lakhs per year

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

The estimated take-home salary of a Management Trainee at Ideal Insurance Brokers ranges between ₹21,056 per month to ₹22,703 per month in India. The take-home salary calculation is based on the average Ideal Insurance Brokers Management Trainee salary in India which ranges between ₹1.4 Lakhs to ₹3.4 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 Ideal Insurance Brokers?

According to AmbitionBox, 50% of the Ideal Insurance Brokers Management Trainees reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Ideal Insurance Brokers Management Trainee Salaries

Ideal Insurance Brokers Management Trainee salary in India ranges between ₹1.4 Lakh to ₹3.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Ideal Insurance Brokers latest salaries received from various employees of Ideal Insurance Brokers.