Iffco Tokio General Insurance Co. Management Trainee Salaries by 30+ Employees (Updated 2024)

0 - 1 year exp.

₹5.1 Lakhs - ₹8 Lakhs

Salary of majority employees

14% less 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. (6 salaries)	₹5.1 L/yr - ₹8 L/yr
Sales & Business Development Management Trainee Salary 0 - 1 year exp. (6 salaries)	₹5.3 L/yr - ₹8 L/yr
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Marketing & Communication Management Trainee Salary 0 - 1 year exp. (3 salaries)	₹6 L/yr - ₹6.5 L/yr
Risk Management & Compliance Management Trainee Salary 0 - 1 year exp. (3 salaries)	₹6 L/yr - ₹6.5 L/yr

Last Updated: 19 Oct 2024

Companies similar to Iffco Tokio General Insurance Co. 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 33% more
Bajaj Allianz General Insurance Management Trainee Salary 0 - 2 years exp. (76 salaries)	₹5.4 L/yr - ₹9.5 L/yr 26% more
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HDFC Ergo General Insurance Management Trainee Salary 0 - 1 year exp. (7 salaries)	₹13.1 L/yr - ₹19 L/yr 145% more
Reliance General Insurance Management Trainee Salary 0 - 3 years exp. (83 salaries)	₹1.8 L/yr - ₹10 L/yr 12% less
Tata AIG Management Trainee Salary 0 - 2 years exp. (224 salaries)	₹3.8 L/yr - ₹12 L/yr 35% more
ICICI Prudential Life Insurance Management Trainee Salary 0 - 2 years exp. (335 salaries)	₹4.5 L/yr - ₹9.6 L/yr 8% more
HDFC Life Management Trainee Salary 0 - 3 years exp. (172 salaries)	₹4.5 L/yr - ₹15 L/yr 44% more
Tata AIA Life Insurance Management Trainee Salary 0 - 2 years exp. (53 salaries)	₹5 L/yr - ₹18.6 L/yr 67% more
SBI General Insurance Management Trainee Salary 0 - 3 years exp. (42 salaries)	₹8 L/yr - ₹11 L/yr 33% more
SBI Life Insurance Company Management Trainee Salary 0 - 2 years exp. (34 salaries)	₹5.3 L/yr - ₹14.9 L/yr 39% more
Bajaj Allianz Life Insurance Management Trainee Salary 0 - 6 years exp. (33 salaries)	₹3.5 L/yr - ₹10.5 L/yr 7% more
Login to view exact salary
Star Union Dai-ichi Life Insurance Management Trainee Salary 0 - 2 years exp. (22 salaries)	₹4.5 L/yr - ₹17.3 L/yr 54% more
Aditya Birla Health Insurance Co Management Trainee Salary 0 - 1 year exp. (11 salaries)	₹3.3 L/yr - ₹12 L/yr 31% more
Aditya Birla Sun Life Insurance Management Trainee Salary 0 - 1 year exp. (10 salaries)	₹9 L/yr - ₹15 L/yr 70% more
PNB MetLife Management Trainee Salary 0 - 2 years exp. (6 salaries)	₹6 L/yr - ₹7 L/yr 2% less
Shriram Life Insurance Management Trainee Salary 0 - 2 years exp. (5 salaries)	₹2 L/yr - ₹10 L/yr 17% less
Reliance Nippon Life Insurance Management Trainee Salary 0 - 2 years exp. (4 salaries)	₹1.5 L/yr - ₹3 L/yr 54% less
Gallagher Management Trainee Salary 0 - 4 years exp. (3 salaries)	₹8.8 L/yr - ₹26 L/yr 132% more
Star Health & Allied Insurance Management Trainee Salary 0 - 12 years exp. (3 salaries)	₹1.8 L/yr - ₹6.5 L/yr 22% less

Management Trainee salary at Iffco Tokio General Insurance Co. ranges between ₹5.1 Lakhs to ₹8 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 30 latest salaries received from various employees of Iffco Tokio General Insurance Co..

Experience wise Iffco Tokio General Insurance Co. Management Trainee salaries

Last Updated: 19 Oct 2024

Experience	Avg Annual Salary
Fresher (21 salaries)	₹5.1 L/yr - ₹7.5 L/yr
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1 year (9 salaries)	₹5.3 L/yr - ₹8 L/yr

From

Management Trainee

₹

Lakhs/yr

0 - 1 year exp.

Chief Manager

₹

Lakhs/yr

11 - 20 years exp.

Management Trainee 0 - 1 year exp.

Assistant Manager 1 - 13 years exp.

21% hike

Manager 4 - 19 years exp.

38% hike

Similar Designation salaries in Iffco Tokio General Insurance Co.

Accountant Salary

(10 salaries)

₹1.4 L/yr - ₹3.6 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Accounts Officer Salary

(AmbitionBox Estimate)

₹1 L/yr - ₹1.3 L/yr

Senior Associate Salary

(4 salaries)

₹2.2 L/yr - ₹3.7 L/yr

Process Associate Salary

(AmbitionBox Estimate)

₹3.3 L/yr - ₹4.3 L/yr

Senior Analyst Salary

(3 salaries)

₹3.5 L/yr - ₹13 L/yr

Deputy Manager Salary

(4 salaries)

₹4.4 L/yr - ₹7.3 L/yr

Account Assistant Salary

(8 salaries)

₹2 L/yr - ₹3 L/yr

Relationship Manager Salary

(14 salaries)

₹2 L/yr - ₹4.65 L/yr

Senior Accounts Executive Salary

(5 salaries)

₹5.15 L/yr - ₹5.75 L/yr

Salary related reviews for Iffco Tokio General Insurance Co.

2.8

Rated by 14 employees for salary & benefits

Consultant in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 23 Feb 2022

5.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Dislikes

Nothing

Senior Officer in Chandigarh

Full Time

Sales & Business Development Department

5.0

• posted on 05 May 2021

5.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policies are good appraisals and fair and they give good salary hike and bonus every year.

Dislikes

Career growth is slow

District Manager in Shahdol

Full Time

Insurance Department

5.0

• posted on 22 Apr 2021

5.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transparent. Company policies are good, appraisals are fair and they give good salary hike every year.

Dislikes

Salary is Good But Career Growth is Slow...

Senior Executive in Gurgaon / Gurugram

Finance & Accounting Department

1.0

• posted on 25 Apr 2021

1.0

for Salary and Benefits

Likes

Work culture is pathetic because management require 7 days a week working with no extra pay on week end holidays while company claims 5 days in a week work culture. Company require from employee to present in time in the morning which is good but no evening off timing and there is no extra payment for same but if you come late in the morning your salary will be deducted if employee crosses 1 hour buffer time in a month.

Operations Executive in Mumbai

Customer Success, Service & Operations Department

4.0

• posted on 22 May 2021

1.0

for Salary and Benefits

Likes

...blem but if you are on third party payroll then you can never come on payroll... No benifits offer to third party payroll and salary is also not satisfactory....

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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Iffco Tokio General Insurance Co. Management Trainee Salary FAQs

What is the salary of Management Trainee at Iffco Tokio General Insurance Co.?

Management Trainee salary at Iffco Tokio General Insurance Co. in India ranges between ₹5.1 Lakhs to ₹8.0 Lakhs for less than 1 year of experience. According to our estimates it is 14% less than the average Management Trainee Salary in India. Salary estimates are based on 30 latest salaries received from various employees of Iffco Tokio General Insurance Co. India.

How does the salary of a Management Trainee at Iffco Tokio General Insurance Co. India compare with the average salary range for this job?

The average salary of a Management Trainee at Iffco Tokio General Insurance Co. is 14% 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 Iffco Tokio General Insurance Co. to a Management Trainee in India?

HDFC Ergo General Insurance Management Trainee Salary - ₹13.1 Lakhs to ₹19.0 Lakhs per year
Gallagher Management Trainee Salary - ₹8.8 Lakhs to ₹26.0 Lakhs per year
Aditya Birla Sun Life Insurance Management Trainee Salary - ₹9.0 Lakhs to ₹15.0 Lakhs per year
Tata AIA Life Insurance Management Trainee Salary - ₹5.0 Lakhs to ₹18.6 Lakhs per year
Star Union Dai-ichi Life Insurance Management Trainee Salary - ₹4.5 Lakhs to ₹17.3 Lakhs per year

What is the salary of a Management Trainee in companies similar to Iffco Tokio General Insurance Co. in India?

HDFC Life Management Trainee Salary - ₹4.5 Lakhs to ₹15.0 Lakhs per year
SBI Life Insurance Company Management Trainee Salary - ₹5.3 Lakhs to ₹14.9 Lakhs per year
Tata AIG Management Trainee Salary - ₹3.8 Lakhs to ₹12.0 Lakhs per year
SBI General Insurance Management Trainee Salary - ₹8.0 Lakhs to ₹11.0 Lakhs per year
ICICI Lombard General Insurance Company Management Trainee Salary - ₹4.5 Lakhs to ₹12.0 Lakhs per year

What is the estimated take home salary of a Management Trainee at Iffco Tokio General Insurance Co. in India?

The estimated take-home salary of a Management Trainee at Iffco Tokio General Insurance Co. ranges between ₹47,932 per month to ₹49,066 per month in India. The take-home salary calculation is based on the average Iffco Tokio General Insurance Co. Management Trainee salary in India which ranges between ₹5.1 Lakhs to ₹8.0 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 Iffco Tokio General Insurance Co.?

According to AmbitionBox, 69% of the Iffco Tokio General Insurance Co. Management Trainees reported a notice period of 1 Month, 16% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 26 responses on AmbitionBox in last 2 years.

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Iffco Tokio General Insurance Co. Management Trainee Salaries by Location

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Iffco Tokio General Insurance Co. Management Trainee Salaries

Iffco Tokio General Insurance Co. Management Trainee salary in India ranges between ₹5.1 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 30 Iffco Tokio General Insurance Co. latest salaries received from various employees of Iffco Tokio General Insurance Co..

Iffco Tokio General Insurance Co. Management Trainee salaries in India

Companies similar to Iffco Tokio General Insurance Co. for Management Trainee

Latest annual salaries shared by Iffco Tokio General Insurance Co. Management Trainee

Experience wise Iffco Tokio General Insurance Co. Management Trainee salaries

Similar Designation salaries in Iffco Tokio General Insurance Co.

Salary related reviews for Iffco Tokio General Insurance Co.

Consultant in Bangalore / Bengaluru

Senior Officer in Chandigarh

District Manager in Shahdol

Senior Executive in Gurgaon / Gurugram

Operations Executive in Mumbai

Iffco Tokio General Insurance Co. Management Trainee Salary FAQs

Tell us how to improve this page.

Iffco Tokio General Insurance Co. Management Trainee Salaries by Location