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Royal Sundaram General Insurance Management Trainee salaries in India

Annual salary range
0 - 1 year exp.
₹2.4 Lakhs - ₹10.8 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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21% less than the average Management Trainee Salary in Insurance Companies for 0 - 1 year of experience

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Last Updated: 25 May 2024

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₹2.7 L/yr - ₹4.7 L/yr

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Management Trainee salary at Royal Sundaram General Insurance ranges between ₹2.4 Lakhs to ₹10.8 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 5 latest salaries received from various employees of Royal Sundaram General Insurance.

Latest annual salaries shared by Royal Sundaram General Insurance Management Trainee

1y ago
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1 year exp.

Experience wise Royal Sundaram General Insurance Management Trainee salaries

Last Updated: 25 May 2024

Experience Avg Annual Salary
Fresher  (4 salaries)

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₹2.4 L/yr - ₹10.9 L/yr
1 year (AmbitionBox Estimate)

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₹5.1 L/yr - ₹6.5 L/yr

Similar Designation salaries in Royal Sundaram General Insurance

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₹2.8 L/yr - ₹7 L/yr
Team Lead Salary
(15 salaries)
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₹3.5 L/yr - ₹6.5 L/yr
Financial Analyst Salary
(AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr
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₹1.9 L/yr - ₹4 L/yr
Analyst Salary
(4 salaries)
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₹2 L/yr - ₹3.16 L/yr
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₹2 L/yr - ₹4 L/yr
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₹2 L/yr - ₹3.2 L/yr
Senior Analyst Salary
(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.3 L/yr
Deputy Manager Salary
(11 salaries)
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₹12 L/yr - ₹17.39 L/yr
Account Assistant Salary
(AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr

Salary related reviews for Royal Sundaram General Insurance

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 26 Oct 2023

3.0
 for  Salary and Benefits

Likes

No more pressure . Appreciate the thing is providing the Food afternoon. But that also not maintaining properly.

  • Job security - Good
  • +2 more

Dislikes

... seems like school identity card. That also nowadays Looking Good. No more trip. If we want means we have to pay. Company not responsible. No more cab facilities. Royal sundaram sets for only the people WHO ARE ON ROLLS.

read more
  • Promotions - Poor

Full Time

 · 

Merchandising, Retail & eCommerce Department

1.0
  •  posted on 06 Feb 2024

4.0
 for  Salary and Benefits

Likes

Products are good to promote. Salary is good.

  • Salary - Good

Dislikes

HR is reactive and not supportive to employees. Management is not mature to run the show. No one is ready to listen new ideas. Induction has done after 89 days from joining.

read more
  • Skill development - Bad
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 19 Apr 2023

2.0
 for  Salary and Benefits

Likes

Work balance is quite good and no eager deadlines.

Dislikes

...posting. No policy for getting promotion within team within specific criteria. Appraisal cycle is worst and no clarity every year about bonus even salary hike too. It is also true that in this company higher management does not coperate with lower level staff.

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 12 Sep 2023

1.0
 for  Salary and Benefits

Likes

Trust they have on team earlier Earlier we have freedom

  • Job security - Good

Dislikes

...ays...my father was admitted under serious condition finally I lost my father...I worked during period while from Hospital which was known to reporting manager and later my 40 days salary was deducted which was done intentionally and no one supported no one asked me while leaving....I feel very bad of spending my 6+ years with organisation....I was really frustrated during the phase...I have all the evidence

read more
  • Salary - Bad
  • +3 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 04 Aug 2021

2.0
 for  Salary and Benefits

Likes

...oyal Sundaram, your job is absolutely secured, but the growth is very very poor. You will be giving your best for a low package altogether. Otherwise the company is good to survive

read more
  • Job security - Excellent
  • +2 more

Dislikes

Salary and growth.

  • Salary - Poor
  • +1 more
see more salary related reviews

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Royal Sundaram General Insurance Management Trainee Salary FAQs

What is the salary of Management Trainee at Royal Sundaram General Insurance ?
The average salary of a Management Trainee at Royal Sundaram General Insurance in India typically ranges from ₹2.4 Lakhs to ₹10.8 Lakhs per year, depending on experience (from Fresher to 1 year).

The top 10% of Management Trainee at Royal Sundaram General Insurance earn more than ₹11.0 Lakhs per year, and the top 1% earn over ₹11.0 Lakhs per year. Management Trainee Salaries at Royal Sundaram General Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 Royal Sundaram General Insurance employees in India.
What is the estimated take home salary of a Management Trainee at Royal Sundaram General Insurance in India?
The estimated take-home salary of a Management Trainee at Royal Sundaram General Insurance in India typically ranges from ₹44,184 to ₹45,287 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹10.8 Lakhs per year for employees with experience ranging from Fresher to 1 year.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Royal Sundaram General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Royal Sundaram General Insurance for Management Trainee in India?
Axis Max Life Insurance ₹16.0 Lakhs to ₹22.0 Lakhs per year
IndiaFirst Life Insurance ₹10.0 Lakhs to ₹15.0 Lakhs per year
Axa XL ₹8.2 Lakhs to ₹12.0 Lakhs per year
Star Union Dai-ichi Life Insurance ₹4.0 Lakhs to ₹17.0 Lakhs per year
Edelweiss Life Insurance ₹4.5 Lakhs to ₹13.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Royal Sundaram General Insurance, depending on the role and experience level.
What is the salary of a Management Trainee in companies similar to Royal Sundaram General Insurance in India?
The salary of a Management Trainee at companies similar to Royal Sundaram General Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SBI General Insurance ₹8.0 Lakhs to ₹12.0 Lakhs per year
ManipalCigna Health Insurance ₹8.0 Lakhs to ₹9.0 Lakhs per year
Liberty General Insurance ₹5.0 Lakhs to ₹10.5 Lakhs per year
Aditya Birla Health Insurance Co ₹3.0 Lakhs to ₹12.0 Lakhs per year
Medi Assist India ₹3.5 Lakhs to ₹9.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Management Trainee at Royal Sundaram General Insurance in India?
The salary growth for a Management Trainee at Royal Sundaram General Insurance depends on factors such as experience, performance, and promotions. On average, a Management Trainee can expect the following growth trajectory at Royal Sundaram General Insurance:

Experience Average Salary Range
Fresher ₹2.4 Lakhs to ₹10.9 Lakhs per year
1 year ₹5.1 Lakhs to ₹6.5 Lakhs per year
and so on.

Tell us how to improve this page.

Royal Sundaram General Insurance Management Trainee salary in India ranges between ₹2.4 Lakhs to ₹10.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Royal Sundaram General Insurance latest salaries received from various employees of Royal Sundaram General Insurance.