Iffco Tokio General Insurance Co. Pune Management Trainee Salaries by 8 Employees

0 - 1 year exp.

₹6 Lakhs - ₹8 Lakhs

Avg. annual salary

Monthly In-hand Salary

8% less than the average Management Trainee Salary in Insurance Companies for 0 - 1 year of experience

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Salaries in different departments

Sales & Business Development Management Trainee Salary 0 - 1 year exp. (3 salaries)	₹6 L/yr - ₹8 L/yr
BFSI, Investments & Trading Management Trainee Salary 1 year exp. (AmbitionBox Estimate)	₹6 L/yr - ₹6.4 L/yr
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Marketing & Communication Management Trainee Salary 1 year exp. (AmbitionBox Estimate)	₹6 L/yr - ₹6.3 L/yr

Last Updated: 19 Oct 2024

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

Iffco Tokio General Insurance Co. Management Trainee Salary

0 - 1 year exp. (8 salaries)

₹6 L/yr - ₹8 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Management Trainee Salary 0 - 2 years exp. (33 salaries)	₹4 L/yr - ₹9 L/yr 8% more
Tata AIG Management Trainee Salary 0 - 4 years exp. (14 salaries)	₹4.8 L/yr - ₹12 L/yr 50% more
Login to view exact salary
ICICI Lombard General Insurance Company Management Trainee Salary 0 - 2 years exp. (7 salaries)	₹5.3 L/yr - ₹9.5 L/yr 35% more
Reliance General Insurance Management Trainee Salary 0 - 2 years exp. (6 salaries)	₹6 L/yr - ₹7.2 L/yr At par
SBI General Insurance Management Trainee Salary 0 - 1 year exp. (5 salaries)	₹8 L/yr - ₹9.6 L/yr 47% more
HDFC Life Management Trainee Salary 0 - 3 years exp. (3 salaries)	₹9.8 L/yr - ₹10.5 L/yr 64% more

Management Trainee salary at Iffco Tokio General Insurance Co. ranges between ₹6 Lakhs to ₹8 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 8 latest salaries received from various employees of Iffco Tokio General Insurance Co..

Experience wise Iffco Tokio General Insurance Co. Management Trainee salaries in Pune

Last Updated: 19 Oct 2024

Experience	Avg Annual Salary
Fresher (5 salaries)	₹6 L/yr - ₹11 L/yr
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1 year (3 salaries)	₹6 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

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.

Similar Designation salaries in Iffco Tokio General Insurance Co.

Data Entry Operator Salary

(11 salaries)

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Chief Manager Salary

(6 salaries)

₹17.75 L/yr - ₹23.25 L/yr

Operations Executive Salary

(3 salaries)

₹2.21 L/yr - ₹3 L/yr

Salary related reviews for Iffco Tokio General Insurance Co.

2.5

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

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

The average salary of a Management Trainee at Iffco Tokio General Insurance Co. in Pune typically ranges from ₹6.0 Lakhs to ₹8.0 Lakhs per year, depending on experience (from Fresher to 1 year).

The top 10% of Management Trainee in Pune at Iffco Tokio General Insurance Co. earn more than ₹7.4 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Management Trainee Salaries at Iffco Tokio General Insurance Co. 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 8 Iffco Tokio General Insurance Co. employees in India.

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

The estimated take-home salary of a Management Trainee at Iffco Tokio General Insurance Co. in Pune typically ranges from ₹47,514 to ₹48,639 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹8.0 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 8 salaries received from various employees of Iffco Tokio General Insurance Co.. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Iffco Tokio General Insurance Co. for Management Trainee in India?

HDFC Life	₹9.8 Lakhs to ₹10.5 Lakhs per year
Tata AIG	₹4.8 Lakhs to ₹12.0 Lakhs per year
SBI General Insurance	₹8.0 Lakhs to ₹9.6 Lakhs per year
ICICI Lombard General Insurance Company	₹5.3 Lakhs to ₹9.5 Lakhs per year
ICICI Prudential Life Insurance	₹4.0 Lakhs to ₹9.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Iffco Tokio General Insurance Co., depending on the role and experience level.

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

The salary of a Management Trainee at companies similar to Iffco Tokio General Insurance Co. in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Reliance General Insurance

₹6.0 Lakhs to ₹7.2 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 Iffco Tokio General Insurance Co. in Pune?

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

Experience	Average Salary Range
Fresher	₹6.0 Lakhs to ₹11.0 Lakhs per year
1 year	₹6.0 Lakhs to ₹8.0 Lakhs per year

and so on.

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Iffco Tokio General Insurance Co. Management Trainee Salaries in Pune

Iffco Tokio General Insurance Co. Management Trainee salary in Pune ranges between ₹6 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Iffco Tokio General Insurance Co. latest salaries received from various employees of Iffco Tokio General Insurance Co..