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Mahindra Insurance Brokers Management Trainee salaries in Mumbai

Annual salary range
0 - 1 year exp.
₹14 Lakhs - ₹15 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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57% more 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
Fresher (AmbitionBox Estimate)
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₹14.5 L/yr - ₹15 L/yr

Sales & Business Development
Management Trainee Salary
1 year exp. (AmbitionBox Estimate)
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₹14 L/yr - ₹14.8 L/yr

Last Updated: 22 Nov 2024

Companies similar to Mahindra Insurance Brokers for Management Trainee in Mumbai

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Mahindra Insurance Brokers Management Trainee Salary

0 - 1 year exp. (3 salaries)

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₹14 L/yr - ₹15 L/yr

vs
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₹4.5 L/yr - ₹10.4 L/yr

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₹6 L/yr - ₹14.8 L/yr

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₹6 L/yr - ₹8.6 L/yr

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Tata AIG Management Trainee Salary

0 - 2 years exp. (35 salaries)

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₹4.2 L/yr - ₹12.2 L/yr

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₹4.5 L/yr - ₹10 L/yr

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₹8.5 L/yr - ₹10 L/yr

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₹8 L/yr - ₹11 L/yr

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Digit Insurance Management Trainee Salary

0 - 2 years exp. (7 salaries)

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₹9 L/yr - ₹18 L/yr

arrow icon 26% less
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₹2 L/yr - ₹10 L/yr

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₹6.9 L/yr - ₹12 L/yr

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₹10 L/yr - ₹12.5 L/yr

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₹4.7 L/yr - ₹7 L/yr

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₹3.5 L/yr - ₹5 L/yr

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₹6.7 L/yr - ₹12 L/yr

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Management Trainee salary at Mahindra Insurance Brokers ranges between ₹14 Lakhs to ₹15 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 3 latest salaries received from various employees of Mahindra Insurance Brokers.

Latest annual salaries shared by Mahindra Insurance Brokers Management Trainee in Mumbai

2mo ago
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1 year exp.
10mo ago
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9 months exp.

Experience wise Mahindra Insurance Brokers Management Trainee salaries in Mumbai

Last Updated: 22 Nov 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹5.9 L/yr - ₹15 L/yr
1 year (AmbitionBox Estimate)

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₹14 L/yr - ₹25.7 L/yr

Similar Designation salaries in Mahindra Insurance Brokers

Deputy Manager Salary
(23 salaries)
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₹4.5 L/yr - ₹10 L/yr
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Salary related reviews for Mahindra Insurance Brokers

4.9

Rated by 2 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 15 Jan 2025

2.0
 for  Salary and Benefits

Likes

Mid level managers are not supported to grow ground team in terms appraisal promotions to management,work balance also not manageable.

read more

Dislikes

Salary hike not up to the mark if achieve annual target 100% and more than ,variables policy announced very late after completing 100%

read more
  • Salary - Poor
  • +2 more

Full Time

 · 

IT & Information Security Department

4.0
  •  posted on 28 Jul 2023

4.0
 for  Salary and Benefits

Likes

Activity going on weekend (every Friday) Supporting people and management. Good environment to work Birthday celebration all together with team.

read more
  • Salary - Good
  • +4 more

Dislikes

...mething new or promotion is not good in our field As per my personal experience. Salary hike appraisal delayed this year. Work load is not managed properly.

read more

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 25 Jun 2022

5.0
 for  Salary and Benefits

Likes

...ve teammates are supportive. Management is transparent ,company policy are good.job security, appraisal are fair and they give good salary hike.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Verticalisation ,politics salary is good but career growth is slow,

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 29 May 2021

1.0
 for  Salary and Benefits

Likes

... Assist, Wedding Bonus, New born baby gift, Medical assist, Birthday gift etc. Main Part - Salary slab was very worst and no increment, Executives stay 5 + year experience but salary at end they only out for 230000PA and starts with 180000 PA which is terrible and all work for salary that is not get what we work. Incentive was not given proper time as per time line eg: Quarterly plan, they provide incentive after 6months of that quarter and they not provide calculation for that incentive what we received

read more
  • Salary - Bad
  • +6 more

BFSI, Investments & Trading Department

4.0
  •  posted on 12 May 2018

3.0
 for  Salary and Benefits

Likes

There is a friendly atmosphere to work here,we have maintain a good work life balance here and the most important thing is we have more job security here.

read more
  • Skill development - Good
  • +4 more

Dislikes

Here the salary and remuneration is not good as compared of other industry.

read more
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Mahindra Insurance Brokers Management Trainee Salary FAQs

What is the notice period for Management Trainee at Mahindra Insurance Brokers in Mumbai?
According to AmbitionBox, 100% of the Mahindra Insurance Brokers Management Trainees in Mumbai reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Mahindra Insurance Brokers Management Trainee salary in Mumbai ranges between ₹14 Lakhs to ₹15 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Mahindra Insurance Brokers latest salaries received from various employees of Mahindra Insurance Brokers.