Iffco Tokio General Insurance Co. Mumbai Management Trainee Salaries by 2 Employees (Updated 2025)

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₹5.4 Lakhs - ₹7 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Salaries in different departments

Marketing & Communication Management Trainee Salary Fresher (AmbitionBox Estimate)	₹5.9 L/yr - ₹6 L/yr
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Sales & Business Development Management Trainee Salary Fresher (AmbitionBox Estimate)	₹6 L/yr - ₹6.4 L/yr

Last Updated: 2 Jan 2025

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

Iffco Tokio General Insurance Co. Management Trainee Salary

Fresher (AmbitionBox Estimate)

₹5.4 L/yr - ₹7 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Management Trainee Salary 0 - 4 years exp. (78 salaries)	₹5 L/yr - ₹15 L/yr 73% more
Tata AIG Management Trainee Salary 0 - 4 years exp. (53 salaries)	₹4.2 L/yr - ₹15.4 L/yr 68% more
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ICICI Lombard General Insurance Company Management Trainee Salary 0 - 1 year exp. (43 salaries)	₹4.2 L/yr - ₹10.4 L/yr 32% more
ICICI Prudential Life Insurance Management Trainee Salary 0 - 2 years exp. (42 salaries)	₹5 L/yr - ₹8 L/yr 12% more
Tata AIA Life Insurance Management Trainee Salary 0 - 4 years exp. (31 salaries)	₹9 L/yr - ₹20 L/yr 132% more
Reliance General Insurance Management Trainee Salary 0 - 2 years exp. (23 salaries)	₹4.5 L/yr - ₹7.5 L/yr 9% more
Bajaj Allianz Life Insurance Management Trainee Salary 0 - 3 years exp. (10 salaries)	₹4 L/yr - ₹8.3 L/yr 13% more
Aditya Birla Sun Life Insurance Management Trainee Salary 0 - 2 years exp. (8 salaries)	₹7 L/yr - ₹15 L/yr 70% more
SBI General Insurance Management Trainee Salary 1 - 4 years exp. (6 salaries)	₹9 L/yr - ₹10 L/yr 59% more
Aditya Birla Health Insurance Co Management Trainee Salary 0 - 1 year exp. (6 salaries)	₹7.4 L/yr - ₹12 L/yr 25% more
SBI Life Insurance Company Management Trainee Salary 0 - 3 years exp. (6 salaries)	₹5.3 L/yr - ₹10.5 L/yr 34% more
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Management Trainee salary at Iffco Tokio General Insurance Co. ranges between ₹5.4 Lakhs to ₹7 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 2 latest salaries received from various employees of Iffco Tokio General Insurance Co..

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

0 - 12 years exp.

15% hike

Manager

4 - 19 years exp.

40% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

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Salary related reviews for Iffco Tokio General Insurance Co.

2.7

Rated by 3 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.

Salary - Excellent

+6 more

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.

Salary - Excellent

+6 more

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.

Salary - Excellent

+6 more

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.

Job security - Good

Dislikes

Salary - Bad
Skill development - Bad

+4 more

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....

Work-life balance - Good

Dislikes

Salary - Bad
Skill development - Bad

+2 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Iffco Tokio General Insurance Co. Management Trainee Salary FAQs

How the salary growth look like for a Management Trainee at Iffco Tokio General Insurance Co. in Mumbai?

The salary growth for a Management Trainee at Iffco Tokio General Insurance Co. in Mumbai depends on factors such as experience, performance, and promotions. On average, a Management Trainee in Mumbai can expect the following growth trajectory at Iffco Tokio General Insurance Co.:

Experience	Average Salary Range
Fresher	₹5.3 Lakhs to ₹6.8 Lakhs per year

and so on.

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Iffco Tokio General Insurance Co. Management Trainee Salaries in Mumbai

Iffco Tokio General Insurance Co. Management Trainee salary in Mumbai ranges between ₹5.4 Lakhs to ₹7 Lakhs. This is an estimate based on latest salaries received from employees of Iffco Tokio General Insurance Co..