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Annual salary range
0 - 4 years exp.
₹16
Lakhs - ₹22
Lakhs
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary187% more than the average Management Trainee Salary in Insurance Companies for 0 - 4 years of experience
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Salaries in different departments
Strategic & Top Management
Management Trainee Salary
2 - 4
years
exp.
(4
salaries)
|  ₹20 L/yr - ₹22 L/yr |
Login to view exact salary
| |
Marketing & Communication
Management Trainee Salary
0 - 3
years
exp.
(3
salaries)
| ₹19 L/yr - ₹22 L/yr |
Companies similar to Max Life Insurance for Management Trainee
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 HDFC Life Management Trainee Salary
0 - 3 years exp. (134 salaries) | ₹5 L/yr - ₹15 L/yr 
53%
less | |
 ICICI Prudential Life Insurance Management Trainee Salary
0 - 2 years exp. (334 salaries) | ₹4 L/yr - ₹9.6 L/yr
68%
less | |
Login to view exact salary
| ||
 Bajaj Allianz Life Insurance Management Trainee Salary
0 - 6 years exp. (34 salaries) | ₹3.5 L/yr - ₹11 L/yr
67%
less | |
 Tata AIA Life Insurance Management Trainee Salary
0 - 2 years exp. (48 salaries) | ₹5 L/yr - ₹19.1 L/yr
48%
less | |
 SBI Life Insurance Company Management Trainee Salary
0 - 2 years exp. (38 salaries) | ₹3.5 L/yr - ₹10.5 L/yr
60%
less | |
 Kotak Mahindara Life Insurance Management Trainee Salary
0 - 2 years exp. (191 salaries) | ₹2.8 L/yr - ₹7 L/yr
82%
less | |
 Reliance Nippon Life Insurance Management Trainee Salary
0 - 1 year exp. (4 salaries) | ₹1.5 L/yr - ₹3 L/yr
86%
less | |
 Bharti AXA Life Insurance Management Trainee Salary
0 - 1 year exp. (11 salaries) | ₹3.5 L/yr - ₹10 L/yr
75%
less | |
 Aditya Birla Sun Life Insurance Management Trainee Salary
0 - 1 year exp. (13 salaries) | ₹7 L/yr - ₹15 L/yr
52%
less | |
 ICICI Lombard General Insurance Company Management Trainee Salary
0 - 1 year exp. (155 salaries) | ₹3.8 L/yr - ₹12 L/yr
60%
less | |
 Bajaj Allianz General Insurance Management Trainee Salary
0 - 2 years exp. (74 salaries) | ₹5.4 L/yr - ₹9.5 L/yr
62%
less | |
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| ||
 SBI General Insurance Management Trainee Salary
0 - 3 years exp. (28 salaries) | ₹4 L/yr - ₹13 L/yr
60%
less | |
 Star Union Dai-ichi Life Insurance Management Trainee Salary
0 - 2 years exp. (22 salaries) | ₹4.5 L/yr - ₹17.3 L/yr
54%
less | |
 Magma HDI General Insurance Management Trainee Salary
0 - 1 year exp. (15 salaries) | ₹4 L/yr - ₹8.5 L/yr
72%
less | |
 Cholamandalam MS General Insurance Management Trainee Salary
0 - 1 year exp. (15 salaries) | ₹3.5 L/yr - ₹8 L/yr
74%
less | |
 HDFC Ergo General Insurance Management Trainee Salary
0 - 1 year exp. (8 salaries) | ₹13.1 L/yr - ₹19 L/yr
27%
less | |
 Aviva Life Insurance India Management Trainee Salary
0 - 3 years exp. (7 salaries) | ₹4 L/yr - ₹10 L/yr
70%
less | |
 PNB MetLife Management Trainee Salary
0 - 2 years exp. (6 salaries) | ₹6 L/yr - ₹7 L/yr
71%
less | |
 Shriram Life Insurance Management Trainee Salary
0 - 2 years exp. (5 salaries) | ₹2 L/yr - ₹10 L/yr
73%
less | |
 Royal Sundaram General Insurance Management Trainee Salary
0 - 1 year exp. (5 salaries) | ₹2.4 L/yr - ₹10.8 L/yr
72%
less | |
View all
Management Trainee salary at Max Life Insurance ranges between ₹16
Lakhs
to ₹22
Lakhs
per year for employees with less than 1 year of experience to 4 years. Salary
estimates are based on
15 latest salaries received
from various employees of Max Life Insurance.
Latest annual salaries shared by Max Life Insurance Management Trainee
2w ago
4
years
exp.
4mo ago
4
years
exp.
5mo ago
2
years
exp.
6mo ago
3
years
exp.
1y ago
2
years
exp.
1y ago
1
year
exp.
1y ago
7
months
exp.
1y ago
2
years
exp.
1y ago
3
years
exp.
1y ago
3
years
exp.
Experience wise Max Life Insurance Management Trainee salaries
Last Updated: 21 Dec 2024
| Experience | Avg Annual Salary |
|---|---|
| Fresher (AmbitionBox Estimate) |
₹8.4
L/yr
- ₹22
L/yr
|
| 1 year (AmbitionBox Estimate) |
₹19
L/yr
- ₹37.7
L/yr
|
Login to view exact salary
| |
| 2 years (4 salaries) |
₹16
L/yr
- ₹22
L/yr
|
| 3 years (5 salaries) |
₹19
L/yr
- ₹22
L/yr
|
| 4 years (3 salaries) |
₹19
L/yr
- ₹22
L/yr
|
Similar Designation salaries in Max Life Insurance
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Salary Discussions, Hike & Promotions
2w (edited)
a social media specialist
Salary Expectations
I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards.
I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high.
What should be the ideal salary expectation for someone with my experience in the current market?
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Max Life Insurance Management Trainee Salary FAQs
What is the salary of Management Trainee at Max Life Insurance?
Management Trainee salary at Max Life Insurance in India ranges between ₹16.0 Lakhs to ₹22.0 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 187% more than the average Management Trainee Salary in India. Salary estimates are based on 15 latest salaries received from various employees of Max Life Insurance India.
How does the salary of a Management Trainee at Max Life Insurance India compare with the average salary range for this job?
The average salary of a Management Trainee at Max Life Insurance is 187% more than the average salary of a Management Trainee in India. To know exact salary insights, login to view.
What is the salary of a Management Trainee in companies similar to Max Life Insurance in India?
- HDFC Ergo General Insurance Management Trainee Salary - ₹13.1 Lakhs to ₹19.0 Lakhs per year
- Gallagher Management Trainee Salary - ₹8.8 Lakhs to ₹26.0 Lakhs per year
- Tata AIA Life Insurance Management Trainee Salary - ₹5.0 Lakhs to ₹19.1 Lakhs per year
- AXA Management Trainee Salary - ₹8.0 Lakhs to ₹12.0 Lakhs per year
- Aditya Birla Sun Life Insurance Management Trainee Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year
What is the estimated take home salary of a Management Trainee at Max Life Insurance in India?
The estimated take-home salary of a Management Trainee at Max Life Insurance ranges between ₹1,36,612 per month to ₹1,41,653 per month in India. The take-home salary calculation is based on the average Max Life Insurance Management Trainee salary in India which ranges between ₹16.0 Lakhs to ₹22.0 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 Max Life Insurance?
According to AmbitionBox, 40% of the Max Life Insurance Management Trainees reported a notice period of 3 Months, 30% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 10 responses on AmbitionBox in last 2 years.
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Max Life Insurance Management Trainee salary
in
India
ranges between ₹16
Lakhs to ₹22
Lakhs with an average annual salary of
₹. Salary estimates are based on
15
Max Life Insurance latest salaries received from various employees of
Max Life Insurance.