IndiaFirst Life Insurance Mumbai Management Trainee Salaries by 4 Employees (Updated 2025)

0 - 4 years exp.

₹10 Lakhs - ₹12.5 Lakhs

Salary of majority employees

15% more than the average Management Trainee Salary in Insurance Companies for 0 - 4 years of experience

Interested in this particular role?

Salaries in different departments

Marketing & Communication Management Trainee Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹11 L/yr
BFSI, Investments & Trading Management Trainee Salary Fresher (AmbitionBox Estimate)	₹11.3 L/yr - ₹13.8 L/yr
Login to view exact salary
Data Science & Analytics Management Trainee Salary 4 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹11 L/yr

Last Updated: 16 Feb 2025

Companies similar to IndiaFirst Life Insurance for Management Trainee in Mumbai

IndiaFirst Life Insurance Management Trainee Salary

0 - 4 years exp. (4 salaries)

₹10 L/yr - ₹12.5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Management Trainee Salary 0 - 3 years exp. (44 salaries)	₹5 L/yr - ₹9.6 L/yr 36% less
HDFC Life Management Trainee Salary 0 - 3 years exp. (76 salaries)	₹5 L/yr - ₹15 L/yr 4% less
Login to view exact salary
SBI Life Insurance Company Management Trainee Salary 0 - 3 years exp. (6 salaries)	₹5.3 L/yr - ₹10.5 L/yr 24% less
Max Life Insurance Management Trainee Salary 2 - 4 years exp. (3 salaries)	₹21.2 L/yr - ₹22 L/yr 100% more
Bajaj Allianz Life Insurance Management Trainee Salary 0 - 4 years exp. (10 salaries)	₹4 L/yr - ₹8.3 L/yr 34% less
Kotak Mahindara Life Insurance Management Trainee Salary 0 - 2 years exp. (19 salaries)	₹3 L/yr - ₹7 L/yr 61% less
Tata AIA Life Insurance Management Trainee Salary 0 - 5 years exp. (30 salaries)	₹9 L/yr - ₹20 L/yr 29% more
Aditya Birla Sun Life Insurance Management Trainee Salary 0 - 2 years exp. (9 salaries)	₹7 L/yr - ₹15 L/yr 7% more
Digit Insurance Management Trainee Salary 0 - 2 years exp. (7 salaries)	₹9 L/yr - ₹18 L/yr 1% more
Bharti AXA Life Insurance Management Trainee Salary 0 - 1 year exp. (6 salaries)	₹2 L/yr - ₹10 L/yr 35% less
Aditya Birla Health Insurance Co Management Trainee Salary 0 - 1 year exp. (6 salaries)	₹2.5 L/yr - ₹12 L/yr 32% less
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 23% less
Shriram General Insurance Management Trainee Salary 0 - 2 years exp. (4 salaries)	₹4.7 L/yr - ₹7 L/yr 49% less
Universal Sompo General Insurance Management Trainee Salary 0 - 1 year exp. (4 salaries)	₹5 L/yr - ₹7 L/yr 49% less
Cholamandalam MS General Insurance Management Trainee Salary 0 - 2 years exp. (3 salaries)	₹3.5 L/yr - ₹5 L/yr 57% less

Management Trainee salary at IndiaFirst Life Insurance ranges between ₹10 Lakhs to ₹12.5 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 4 latest salaries received from various employees of IndiaFirst Life Insurance.

Experience wise IndiaFirst Life Insurance Management Trainee salaries in Mumbai

Last Updated: 16 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹11.3 L/yr - ₹14.4 L/yr
3 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
Login to view exact salary
4 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr

Similar Designation salaries in IndiaFirst Life Insurance

Deputy Manager Salary

(60 salaries)

₹4 L/yr - ₹10.7 L/yr

Relationship Manager Salary

(3 salaries)

₹2.2 L/yr - ₹3.87 L/yr

Salary related reviews for IndiaFirst Life Insurance

Senior Business Development Management Executive in Kanpur

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 23 Jun 2023

4.0

for Salary and Benefits

Likes

Such a lier leaders please request do not joing this campany salary high par mat jana kam chahe mam package meh kahi or join karlena. Lucknow meh inka office hai please if you want stay happy zara bhi please not join

Salary - Good

Dislikes

Working seven days hr still not say yo how mucj waste leader in this company pressure like lala ki dukkan 10am to 11 pm

Skill development - Bad

+5 more

Customer Care Executive in Mumbai

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 18 Feb 2019

5.0

for Salary and Benefits

Likes

This company is open to innovation and readly adopts latest technology, I have got lots of certificates and quite good experience and enjoyed moments of outing with coworkers .

Salary - Excellent

+6 more

Dislikes

Salary growth is too slow

Sales Manager in Chennai

BFSI, Investments & Trading Department

1.0

• posted on 29 Jun 2022

1.0

for Salary and Benefits

Likes

Company is good ,but hr is not helpful and Abh Mr.jegan jeevanadham is working on South tamilnadu hr is very cheap behaviour ,he suck your salary and buy medqls and gift for the branch manager ,he not even listen your words at any situation pls don't join , company is good but ABH are very bad

Dislikes

I like this company very much but Mr.Jegan jeevanadham is very bad while speaking and not given leave for any situation it including death also very worst I ever seen in my career

Salary - Bad

+6 more

BDM 2 in Lucknow

Full Time

Sales & Business Development Department

1.0

• posted on 11 Sep 2022

3.0

for Salary and Benefits

Likes

Nothing I like about this company. Only salary given on time.

Dislikes

Don't joined, joined if BOB channel partner. No support for your channel partner do your own. No job security. It's much better than joined big company like hdfclife , icicipru, maxlife atlist job security are there.

Skill development - Bad

+4 more

Business Development Manager in Hajipur

Life Insurance Department

4.0

• posted on 14 Nov 2021

3.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but doesn't address our issues. There is a bound of 1 years before which you cannot resign. On the job training is not given to new joiners.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

Got a question about IndiaFirst Life Insurance?

Ask anonymously on communities.

IndiaFirst Life Insurance Management Trainee Salary FAQs

What is the salary of Management Trainee at IndiaFirst Life Insurance Mumbai?

Management Trainee salary at IndiaFirst Life Insurance in Mumbai ranges between ₹10.0 Lakhs to ₹12.5 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 15% more than the average Management Trainee Salary in India. Salary estimates are based on 4 latest salaries received from various employees of IndiaFirst Life Insurance Mumbai.

How does the salary of a Management Trainee at IndiaFirst Life Insurance Mumbai compare with the average salary range for this job?

The average salary of a Management Trainee at IndiaFirst Life Insurance is 15% more 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 IndiaFirst Life Insurance to a Management Trainee in Mumbai?

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
Aditya Birla Sun Life Insurance Management Trainee Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year
Digit Insurance Management Trainee Salary - ₹9.0 Lakhs to ₹18.0 Lakhs per year

What is the salary of a Management Trainee in companies similar to IndiaFirst Life Insurance in Mumbai?

HDFC Life Management Trainee Salary - ₹5.0 Lakhs to ₹15.0 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
Aditya Birla Health Insurance Co Management Trainee Salary - ₹2.5 Lakhs to ₹12.0 Lakhs per year
Bajaj Allianz Life Insurance Management Trainee Salary - ₹4.0 Lakhs to ₹8.3 Lakhs per year

What is the estimated take home salary of a Management Trainee at IndiaFirst Life Insurance in Mumbai?

The estimated take-home salary of a Management Trainee at IndiaFirst Life Insurance ranges between ₹76,289 per month to ₹78,267 per month in Mumbai. The take-home salary calculation is based on the average IndiaFirst Life Insurance Management Trainee salary in India which ranges between ₹10.0 Lakhs to ₹12.5 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?

What is the notice period for Management Trainee at IndiaFirst Life Insurance in Mumbai?

According to AmbitionBox, 100% of the IndiaFirst Life Insurance Management Trainees in Mumbai reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
IndiaFirst Life Insurance Salaries >
IndiaFirst Life Insurance Management Trainee Salaries >
IndiaFirst Life Insurance Management Trainee Salaries in Mumbai

IndiaFirst Life Insurance Management Trainee salary in Mumbai ranges between ₹10 Lakhs to ₹12.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IndiaFirst Life Insurance latest salaries received from various employees of IndiaFirst Life Insurance.