Reliance General Insurance Mumbai Management Trainee Salaries by 20+ Employees (Updated 2025)

0 - 3 years exp.

₹4.5 Lakhs - ₹10 Lakhs

Salary of majority employees

Fixed (92%)

₹6 Lakhs

Variable (8%)

₹0.5 Lakh

29% less than the average Management Trainee Salary in Insurance Companies for 0 - 3 years of experience

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Salaries in different departments

Sales & Business Development Management Trainee Salary 0 - 2 years exp. (7 salaries)	₹4.5 L/yr - ₹8 L/yr
BFSI, Investments & Trading Management Trainee Salary 0 - 2 years exp. (4 salaries)	₹6.8 L/yr - ₹7.5 L/yr
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Data Science & Analytics Management Trainee Salary 0 - 3 years exp. (4 salaries)	₹6 L/yr - ₹10 L/yr
Marketing & Communication Management Trainee Salary 1 year exp. (AmbitionBox Estimate)	₹7.1 L/yr - ₹7.2 L/yr
Risk Management & Compliance Management Trainee Salary Fresher (AmbitionBox Estimate)	₹5.5 L/yr - ₹6 L/yr

Last Updated: 30 Jan 2025

Companies similar to Reliance General Insurance for Management Trainee in Mumbai

Reliance General Insurance Management Trainee Salary

0 - 3 years exp. (28 salaries)

₹4.5 L/yr - ₹10 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Management Trainee Salary 0 - 1 year exp. (45 salaries)	₹4.3 L/yr - ₹10.4 L/yr 24% more
HDFC Ergo General Insurance Management Trainee Salary 0 - 1 year exp. (3 salaries)	₹6 L/yr - ₹14.8 L/yr 110% more
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Bajaj Allianz General Insurance Management Trainee Salary 0 - 1 year exp. (5 salaries)	₹6 L/yr - ₹8.6 L/yr 22% more
Tata AIG Management Trainee Salary 0 - 2 years exp. (35 salaries)	₹4.2 L/yr - ₹12.2 L/yr 45% more
HDFC Life Management Trainee Salary 0 - 3 years exp. (76 salaries)	₹5 L/yr - ₹15 L/yr 57% more
ICICI Prudential Life Insurance Management Trainee Salary 0 - 3 years exp. (44 salaries)	₹5 L/yr - ₹9.6 L/yr 5% more
Tata AIA Life Insurance Management Trainee Salary 0 - 5 years exp. (30 salaries)	₹9 L/yr - ₹20 L/yr 110% more
Bajaj Allianz Life Insurance Management Trainee Salary 0 - 4 years exp. (10 salaries)	₹4 L/yr - ₹8.3 L/yr 8% more
Aditya Birla Sun Life Insurance Management Trainee Salary 0 - 2 years exp. (9 salaries)	₹7 L/yr - ₹15 L/yr 75% more
Aditya Birla Health Insurance Co Management Trainee Salary 0 - 1 year exp. (6 salaries)	₹2.5 L/yr - ₹12 L/yr 12% more
Future Generali India Life Insurance Management Trainee Salary 0 - 1 year exp. (6 salaries)	₹8 L/yr - ₹11 L/yr 26% more
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SBI Life Insurance Company Management Trainee Salary 0 - 3 years exp. (6 salaries)	₹5.3 L/yr - ₹10.5 L/yr 23% more
SBI General Insurance Management Trainee Salary 1 - 4 years exp. (5 salaries)	₹8.5 L/yr - ₹10 L/yr 34% more
Iffco Tokio General Insurance Co. Management Trainee Salary 0 - 1 year exp. (3 salaries)	₹5.3 L/yr - ₹6 L/yr 10% less

Management Trainee salary at Reliance General Insurance ranges between ₹4.5 Lakhs to ₹10 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 28 latest salaries received from various employees of Reliance General Insurance.

Experience wise Reliance General Insurance Management Trainee salaries in Mumbai

Last Updated: 30 Jan 2025

Experience	Avg Annual Salary
Fresher (14 salaries)	₹5.5 L/yr - ₹8.4 L/yr
1 year (11 salaries)	₹4.5 L/yr - ₹8 L/yr
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2 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹8 L/yr
3 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹10 L/yr

Similar Designation salaries in Reliance General Insurance

Deputy Manager Salary

(36 salaries)

₹3.18 L/yr - ₹6 L/yr

Analyst Salary

(4 salaries)

₹6.9 L/yr - ₹8.5 L/yr

Account Assistant Salary

(4 salaries)

₹2.2 L/yr - ₹3.5 L/yr

Senior Associate Salary

(3 salaries)

₹3.5 L/yr - ₹7 L/yr

Top skills at Reliance General Insurance for Management Trainee

Claims Health Insurance IRDA travel insurance Customer Satisfaction Recruitment Motor Insurance Finance Servicing Quality Check Litigation Administration Legal Training Underwriting

Salary related reviews for Reliance General Insurance

4.0

Rated by 2 employees for salary & benefits

Deputy Manager in Lucknow

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 12 Jul 2023

2.0

for Salary and Benefits

Likes

Job surity

Dislikes

...ntives criteria. Company shall pay bonus on your based performance of the year. That is no pay such a big amount and company add the clause in your bonus. If you resign before six months company shall recovered your bonus amount.

Salary - Poor

+4 more

Legal Consultant in Bangalore / Bengaluru

Full Time

Other Department

2.0

• posted on 22 Nov 2024

1.0

for Salary and Benefits

Likes

Celebrated festival very well work enthusiasm

Dislikes

Treat the employees like a slave's and treated as backbend officer unsatisfied with the job and they offered very poor salary but they assign too much of work, make conditions for in and out and observed too much that overall work experience is too bad

Salary - Bad

+5 more

Deputy Manager Analyst in Mumbai

Full Time

Other Department

3.0

• posted on 06 Nov 2024

3.0

for Salary and Benefits

Likes

Work culture is good

Company culture - Excellent

+1 more

Dislikes

Promotion and hikes are very low. If you join on low package it will be very difficult to get satisfactory hike next year Performance Bonus return - will have to return the bonus if you leave before 6 months after getting bonus so basically you will need to wait total 9 months to get out from the organization

Skill development - Poor

+1 more

Telesales Officer in Hyderabad / Secunderabad

Full Time

Sales & Business Development Department

2.0

• posted on 03 Jan 2024

1.0

for Salary and Benefits

Likes

Good & friendly colleagues , Salary on Time, No formal dresses, office infrastructure, outings events,

Skill development - Good

Dislikes

No fixed logout timings, no public holidays only one rotational week off, unprofessional HR, unnecessary work pressure every day every hour team leaders use to ask about payment and daily targets what is the update and much more....

Salary - Bad

+3 more

Area Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 06 Nov 2023

4.0

for Salary and Benefits

Likes

Depends on the Vertical and Reporting Manager. Bonus, The Remuneration part is very good

Salary - Good

Dislikes

Bonus amount has capping of 6 months. Notice period is 3 months. And Like and Dislikes depend upon the current manager.

Job security - Poor

+2 more

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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!

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Reliance General Insurance Management Trainee Salary FAQs

What is the salary of Management Trainee at Reliance General Insurance Mumbai?

Management Trainee salary at Reliance General Insurance in Mumbai ranges between ₹4.5 Lakhs to ₹10.0 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 29% less than the average Management Trainee Salary in India. Salary estimates are based on 28 latest salaries received from various employees of Reliance General Insurance Mumbai.

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

The average salary of a Management Trainee at Reliance General Insurance is 29% less than the average salary of a Management Trainee in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Management Trainee at Reliance General Insurance?

Claims, Health Insurance, IRDA, travel insurance and Customer Satisfaction are some of the popular skills required to work as a Management Trainee at Reliance General Insurance Mumbai.

Which similar companies are paying more than Reliance General Insurance to a Management Trainee in Mumbai?

Tata AIA Life Insurance Management Trainee Salary - ₹9.0 Lakhs to ₹20.0 Lakhs per year
HDFC Ergo General Insurance Management Trainee Salary - ₹6.0 Lakhs to ₹14.8 Lakhs per year
Aditya Birla Sun Life Insurance Management Trainee Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year
HDFC Life Management Trainee Salary - ₹5.0 Lakhs to ₹15.0 Lakhs per year
Tata AIG Management Trainee Salary - ₹4.2 Lakhs to ₹12.2 Lakhs per year

What is the salary of a Management Trainee in companies similar to Reliance General Insurance in Mumbai?

SBI General Insurance Management Trainee Salary - ₹8.5 Lakhs to ₹10.0 Lakhs per year
Future Generali India Life Insurance Management Trainee Salary - ₹8.0 Lakhs to ₹11.0 Lakhs per year
ICICI Lombard General Insurance Company Management Trainee Salary - ₹4.3 Lakhs to ₹10.4 Lakhs per year
SBI Life Insurance Company Management Trainee Salary - ₹5.3 Lakhs to ₹10.5 Lakhs per year
Bajaj Allianz General Insurance Management Trainee Salary - ₹6.0 Lakhs to ₹8.6 Lakhs per year

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

The estimated take-home salary of a Management Trainee at Reliance General Insurance ranges between ₹49,675 per month to ₹50,848 per month in Mumbai. The take-home salary calculation is based on the average Reliance General Insurance Management Trainee salary in India which ranges between ₹4.5 Lakhs to ₹10.0 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?

What is the notice period for Management Trainee at Reliance General Insurance in Mumbai?

According to AmbitionBox, 88% of the Reliance General Insurance Management Trainees in Mumbai reported a notice period of 1 Month, 12% reported a notice period of 15 days or less.This is based on 8 responses on AmbitionBox in last 2 years.

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Reliance General Insurance Management Trainee Salaries in Mumbai

Reliance General Insurance Management Trainee salary in Mumbai ranges between ₹4.5 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 28 Reliance General Insurance latest salaries received from various employees of Reliance General Insurance.

Reliance General Insurance Management Trainee salaries in Mumbai

Companies similar to Reliance General Insurance for Management Trainee in Mumbai

Latest annual salaries shared by Reliance General Insurance Management Trainee in Mumbai

Experience wise Reliance General Insurance Management Trainee salaries in Mumbai

Similar Designation salaries in Reliance General Insurance

Top skills at Reliance General Insurance for Management Trainee

Salary related reviews for Reliance General Insurance

Deputy Manager in Lucknow

Legal Consultant in Bangalore / Bengaluru

Deputy Manager Analyst in Mumbai

Telesales Officer in Hyderabad / Secunderabad

Area Manager in Kolkata

Reliance General Insurance Management Trainee Salary FAQs

Tell us how to improve this page.