Royal Sundaram General Insurance Management Trainee Salaries by 5 Employees

0 - 1 year exp.

₹2.4 Lakhs - ₹10.8 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

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

Companies similar to Royal Sundaram General Insurance for Management Trainee

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SBI General Insurance Management Trainee Salary 0 - 3 years exp. (34 salaries)	₹8 L/yr - ₹12 L/yr 54% more
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Star Union Dai-ichi Life Insurance Management Trainee Salary 0 - 2 years exp. (24 salaries)	₹4.1 L/yr - ₹16.8 L/yr 72% more
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Aditya Birla Health Insurance Co Management Trainee Salary 0 - 1 year exp. (10 salaries)	₹3 L/yr - ₹12 L/yr 31% more
Liberty General Insurance Management Trainee Salary 0 - 1 year exp. (10 salaries)	₹5 L/yr - ₹10.5 L/yr 37% more
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Future Generali India Life Insurance Management Trainee Salary 0 - 1 year exp. (5 salaries)	₹3.4 L/yr - ₹9.9 L/yr 23% more
Aviva Life Insurance India Management Trainee Salary 0 - 3 years exp. (7 salaries)	₹4 L/yr - ₹10 L/yr 8% more
Edelweiss Life Insurance Management Trainee Salary 0 - 1 year exp. (7 salaries)	₹4.5 L/yr - ₹13 L/yr 61% more
Universal Sompo General Insurance Management Trainee Salary Fresher (6 salaries)	₹3.5 L/yr - ₹7 L/yr 19% less
IndiaFirst Life Insurance Management Trainee Salary 0 - 4 years exp. (5 salaries)	₹10 L/yr - ₹15 L/yr 112% more
ManipalCigna Health Insurance Management Trainee Salary Fresher (5 salaries)	₹8 L/yr - ₹9 L/yr 39% more
CignaTTk Health Insurance Management Trainee Salary 0 - 2 years exp. (3 salaries)	₹3 L/yr - ₹9 L/yr 14% less
Medi Assist India Management Trainee Salary 0 - 14 years exp. (3 salaries)	₹3.5 L/yr - ₹9.5 L/yr 26% more

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.

Experience wise Royal Sundaram General Insurance Management Trainee salaries

Last Updated: 25 May 2024

Experience	Avg Annual Salary
Fresher (4 salaries)	₹2.4 L/yr - ₹10.9 L/yr
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1 year (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr

Similar Designation salaries in Royal Sundaram General Insurance

Finance Executive Salary

(3 salaries)

₹2.8 L/yr - ₹7 L/yr

Team Lead Salary

(15 salaries)

₹3.5 L/yr - ₹8.04 L/yr

Financial Analyst Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Accounts Officer Salary

(4 salaries)

₹1.9 L/yr - ₹4 L/yr

Analyst Salary

(4 salaries)

₹2 L/yr - ₹3.16 L/yr

Senior Associate Salary

(17 salaries)

₹2 L/yr - ₹4 L/yr

Process Associate Salary

(4 salaries)

₹2 L/yr - ₹3.2 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.3 L/yr

Deputy Manager Salary

(11 salaries)

₹12 L/yr - ₹17.39 L/yr

Account Assistant Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Salary related reviews for Royal Sundaram General Insurance

Back Office Associate in Chennai

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.

Promotions - Poor

Territory Sales Manager in Kolkata

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.

Skill development - Bad

+4 more

Sales Support Associate in Nagpur

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.

Salary - Poor

+5 more

Branch Incharge in Pune

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

Salary - Bad

+3 more

Operations Executive in Kolkata

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

Job security - Excellent

+2 more

Dislikes

Salary and growth.

Salary - Poor

+1 more

see more salary related reviews

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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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	₹4.1 Lakhs to ₹16.8 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.

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Royal Sundaram General Insurance Management Trainee Salaries

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