Mahindra Insurance Brokers Mumbai Management Trainee Salaries by 3 Employees (Updated 2024)

0 - 1 year exp.

₹14 Lakhs - ₹15 Lakhs

Low Confidence

Salary of majority employees

58% 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)	₹14.6 L/yr - ₹15 L/yr
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Sales & Business Development Management Trainee Salary 1 year exp. (AmbitionBox Estimate)	₹14 L/yr - ₹14.9 L/yr

Last Updated: 22 Nov 2024

Companies similar to Mahindra Insurance Brokers for Management Trainee in Mumbai

Mahindra Insurance Brokers Management Trainee Salary

0 - 1 year exp. (3 salaries)

₹14 L/yr - ₹15 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Management Trainee Salary 0 - 2 years exp. (48 salaries)	₹3.8 L/yr - ₹10.4 L/yr 44% less
Bajaj Allianz General Insurance Management Trainee Salary 0 - 2 years exp. (5 salaries)	₹6 L/yr - ₹8.6 L/yr 46% less
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Tata AIG Management Trainee Salary 0 - 2 years exp. (43 salaries)	₹4.2 L/yr - ₹12.1 L/yr 35% less
Reliance General Insurance Management Trainee Salary 0 - 4 years exp. (26 salaries)	₹4.5 L/yr - ₹10 L/yr 55% less
SBI General Insurance Management Trainee Salary 1 - 4 years exp. (5 salaries)	₹8.7 L/yr - ₹10 L/yr 39% less
Future Generali India Life Insurance Management Trainee Salary 0 - 2 years exp. (6 salaries)	₹7.8 L/yr - ₹11 L/yr 45% less
Aditya Birla Health Insurance Co Management Trainee Salary 0 - 1 year exp. (5 salaries)	₹2.4 L/yr - ₹12 L/yr 50% less
IndiaFirst Life Insurance Management Trainee Salary 1 - 5 years exp. (4 salaries)	₹9.1 L/yr - ₹10 L/yr 32% less
Bharti AXA Life Insurance Management Trainee Salary 0 - 1 year exp. (4 salaries)	₹6.2 L/yr - ₹10 L/yr 53% less
Shriram General Insurance Management Trainee Salary 0 - 2 years exp. (4 salaries)	₹4.7 L/yr - ₹7 L/yr 64% less
Cholamandalam MS General Insurance Management Trainee Salary 0 - 2 years exp. (3 salaries)	₹3.5 L/yr - ₹5.1 L/yr 65% less
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Digit Insurance Management Trainee Salary 0 - 1 year exp. (3 salaries)	₹9 L/yr - ₹11 L/yr 28% less

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.

Experience wise Mahindra Insurance Brokers Management Trainee salaries in Mumbai

Last Updated: 22 Nov 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹5.8 L/yr - ₹15 L/yr
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1 year (AmbitionBox Estimate)	₹14 L/yr - ₹25.4 L/yr

Similar Designation salaries in Mahindra Insurance Brokers

Deputy Manager Salary

(23 salaries)

₹4.5 L/yr - ₹10 L/yr

Salary related reviews for Mahindra Insurance Brokers

4.9

Rated by 2 employees for salary & benefits

Senior Application Support Engineer in Mumbai

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.

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.

Deputy Area Manager in Hazaribag

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.

Dislikes

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

Senior Territory Manager in Coimbatore

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

Senior Business Development Executive in Bhubaneswar

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.

Dislikes

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

Customer Support Executive in Thane

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 13 Jun 2024

5.0

for Salary and Benefits

Likes

All is good /salary -incentive/transport facilities/foods / no pressure about call and leads soft calling 6 months work process it’s hard be 6 months rest of process

Dislikes

Process is closed /if be start process again I will be joining as soon as possible

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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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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 Salaries in Mumbai

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

Mahindra Insurance Brokers Management Trainee salaries in Mumbai

Companies similar to Mahindra Insurance Brokers for Management Trainee in Mumbai

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

Experience wise Mahindra Insurance Brokers Management Trainee salaries in Mumbai

Similar Designation salaries in Mahindra Insurance Brokers

Salary related reviews for Mahindra Insurance Brokers

Senior Application Support Engineer in Mumbai

Deputy Area Manager in Hazaribag

Senior Territory Manager in Coimbatore

Senior Business Development Executive in Bhubaneswar

Customer Support Executive in Thane

Mahindra Insurance Brokers Management Trainee Salary FAQs

Tell us how to improve this page.